KING, GAIL

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241359District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Jun 2008 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
216
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-12-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-12-05187433
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition21 bbl$2,145
GasProduction1,894,221 Mcf$10,236,902
Total$10,239,047

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.3969, -96.2552. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39688, -96.25522 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
14,400 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 14,400 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-2893172432H14,400 ftFeb 2011

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (216)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

216 months

May 202601,472106.413.05$4,483
Apr 202601,57498.932.87$4,517
Mar 202601,89489.753.15$5,965
Feb 202601,77663.503.75$6,661
Jan 202602,37759.138.00$19,011
Dec 202502,59856.664.41$11,466
Nov 202501,87458.593.93$7,358
Oct 202502,30659.383.30$7,621
Sep 202502,03362.743.08$6,255
Aug 2025094263.933.01$2,840
Jul 202501,41666.743.32$4,694
Jun 202501,30766.483.13$4,089
May 202501,79060.553.23$5,786
Apr 202501,72962.363.54$6,126
Mar 202502,18367.704.27$9,318
Feb 202502,39170.884.34$10,379
Jan 202501,91974.324.28$8,211
Dec 202402,03268.993.12$6,343
Nov 202401,88669.052.20$4,146
Oct 202402,19271.372.28$5,001
Sep 202401,96869.612.36$4,653
Aug 202402,05075.632.06$4,230
Jul 202402,04679.932.15$4,392
Jun 202401,51278.082.63$3,983
May 202402,00078.812.20$4,397
Apr 202402,09084.451.66$3,468
Mar 202401,70280.301.55$2,630
Feb 202401,62276.091.78$2,893
Jan 202402,01873.023.30$6,655
Dec 202302,03171.262.61$5,302
Nov 202301,55077.892.81$4,352
Oct 202302,19885.443.09$6,786
Sep 202301,29689.042.74$3,545
Aug 202301,84780.522.67$4,937
Jul 202301,85674.852.64$4,903
Jun 202304,60468.962.26$10,398
May 202303,42770.622.23$7,633
Apr 2023069378.122.24$1,551
Mar 2023076672.852.39$1,833
Feb 2023097375.112.47$2,399
Jan 202301,31876.533.39$4,465
Dec 2022069876.415.73$3,999
Nov 2022053185.005.65$2,998
Oct 202201,62487.185.86$9,523
Sep 2022084684.888.16$6,906
Aug 202201,51694.529.13$13,837
Jul 202201,261101.587.54$9,511
Jun 202201,162115.097.98$9,270
May 202201,178109.378.43$9,934
Apr 202201,461104.226.84$9,990
Mar 202201,599108.885.08$8,117
Feb 202201,67591.054.86$8,139
Jan 202201,87281.844.54$8,495
Dec 202102,14071.323.90$8,344
Nov 202101,63077.435.24$8,536
Oct 202101,58079.795.71$9,028
Sep 202101,72169.865.35$9,209
Aug 202101,47366.024.22$6,217
Jul 202101,40970.783.98$5,611
Jun 202101,33069.493.38$4,496
May 202101,62963.483.02$4,916
Apr 202102,07760.362.76$5,729
Mar 202103,16361.302.72$8,594
Feb 202101,14757.805.55$6,364
Jan 202101,61050.412.81$4,525
Dec 202001,68744.642.68$4,514
Nov 202001,61638.772.71$4,374
Oct 202001,64536.972.48$4,077
Sep 202001,64837.091.99$3,281
Aug 202001,64539.982.39$3,923
Jul 202001,59738.371.83$2,915
Jun 202001,58134.901.69$2,672
May 202001,68116.921.81$3,051
Apr 202001,67114.751.80$3,015
Mar 202001,91530.341.86$3,555
Feb 202002,02649.881.98$4,013
Jan 2020035057.252.09$733
Dec 201901,78159.012.30$4,104
Nov 201901,91055.302.75$5,254
Oct 201901,93253.472.42$4,673
Sep 201901,75355.052.66$4,658
Aug 201901,79753.112.30$4,141
Jul 201901,79256.272.46$4,408
Jun 201901,72652.782.49$4,300
May 201901,73058.482.74$4,741
Apr 201901,61262.632.75$4,434
Mar 201901,77056.803.06$5,420
Feb 201901,15850.852.79$3,233
Jan 2019028946.033.23$933
Dec 20180046.594.19$0
Nov 2018031752.934.24$1,343
Oct 201806761.443.40$228
Sep 201804059.543.11$124
Aug 2018072459.403.07$2,220
Jul 2018012465.142.93$364
Jun 201805960.183.08$182
May 2018031765.382.90$920
Apr 201806563.842.90$189
Mar 201802,58361.222.79$7,198
Feb 201802,02661.782.77$5,604
Jan 2018074862.874.01$2,999
Dec 201702,03057.272.92$5,931
Nov 201701,84055.423.12$5,738
Oct 201702,12049.292.98$6,325
Sep 2017097947.523.09$3,022
Aug 2017055145.373.00$1,655
Jul 2017030843.873.09$951
Jun 201702,74242.493.09$8,465
May 201703,10545.373.26$10,133
Apr 201702,73947.933.21$8,797
Mar 201703,09146.772.98$9,223
Feb 201703,13150.452.95$9,245
Jan 201703,89649.413.42$13,320
Dec 201603,78648.763.72$14,095
Nov 201603,87542.492.64$10,247
Oct 201603,43646.193.09$10,618
Sep 201603,22741.553.10$10,006
Aug 201603,83041.442.92$11,200
Jul 201602,23641.622.92$6,539
Jun 20160045.352.69$0
May 201602,71242.521.99$5,400
Apr 201603,56736.561.99$7,102
Mar 201603,50333.011.79$6,284
Feb 201603,83026.472.06$7,904
Jan 201603,41027.352.36$8,062
Dec 201503,51532.362.00$7,035
Nov 201504,23138.792.17$9,170
Oct 201505,42543.552.43$13,164
Sep 201505,57542.992.76$15,378
Aug 201505,51040.162.87$15,827
Jul 201505,57948.152.95$16,431
Jun 201505,03056.152.88$14,501
May 201504,40955.212.96$13,031
Apr 201509,62549.822.71$26,051
Mar 2015023,31542.892.93$68,423
Feb 201505,19744.662.98$15,467
Jan 201507,47243.433.10$23,168
Dec 201408,80454.693.59$31,618
Nov 201409,44170.464.25$40,142
Oct 201408,41678.303.90$32,830
Sep 201404,91986.164.05$19,900
Aug 201404,80089.394.04$19,369
Jul 201404,44096.564.18$18,557
Jun 201405,97398.164.74$28,293
May 2014015,77794.734.73$74,571
Apr 2014016,75995.944.81$80,596
Mar 2014022,68495.895.06$114,708
Feb 2014020,56397.406.19$127,326
Jan 2014015390.404.86$744
Dec 201303191.824.35$135
Nov 2013031688.853.74$1,181
Oct 201307,27297.423.78$27,484
Sep 201308,416104.113.72$31,289
Aug 201308,056104.253.52$28,378
Jul 201308,377102.523.72$31,144
Jun 201309,46294.403.93$37,218
May 2013015,60994.834.15$64,763
Apr 2013026,96293.964.28$115,467
Mar 2013014,47293.623.91$56,627
Feb 201306,13091.233.42$20,964
Jan 201307,11691.603.42$24,336
Dec 201208,13086.773.42$27,806
Nov 201207,48786.953.62$27,140
Oct 201207,92089.383.40$26,925
Sep 2012010,82394.672.92$31,586
Aug 2012010,49392.662.91$30,515
Jul 201208,47285.133.02$25,592
Jun 201206,39479.822.52$16,107
May 201206,33791.612.49$15,768
Apr 201206,050101.652.00$12,081
Mar 201206,843105.052.22$15,206
Feb 2012017,466101.102.57$44,892
Jan 2012019,37198.092.73$52,962
Dec 2011026,45896.873.24$85,717
Nov 201109,35595.723.31$30,977
Oct 2011012,79784.983.65$46,690
Sep 2011013,28783.623.99$52,959
Aug 2011023,41083.404.15$97,136
Jul 2011025,60494.144.52$115,659
Jun 2011026,94492.904.64$125,017
May 2011131,36598.134.40$138,255
Apr 2011030,956105.964.33$134,141
Mar 201123,20096.364.06$13,176
Feb 201114,01585.644.18$16,868
Jan 20110086.504.59$0
Dec 2010054185.734.35$2,352
Nov 2010040580.843.80$1,537
Oct 201001,23578.103.51$4,333
Sep 2010016,35572.633.98$65,084
Aug 2010020,26273.684.42$89,545
Jul 201004,91772.554.74$23,289
Jun 2010015,43770.364.91$75,802
May 2010022,66871.124.24$96,004
Apr 201008,52081.694.12$35,125
Mar 201008,06678.394.39$35,399
Feb 2010016,53573.585.44$89,989
Jan 2010019,25374.365.96$114,827
Dec 2009021,58771.445.48$118,378
Nov 2009020,63074.593.75$77,393
Oct 2009023,62672.544.11$97,109
Sep 2009025,20965.543.06$77,259
Aug 2009029,53067.423.22$95,042
Jul 2009028,24161.133.46$97,841
Jun 2009023,77666.163.90$92,608
May 2009033,75454.743.93$132,510
Apr 2009128,13946.773.59$100,995
Mar 2009131,71642.144.06$128,777
Feb 2009132,91332.814.63$152,519
Jan 2009241,92335.865.37$225,240
Dec 2008045,66937.105.98$272,970
Nov 2008053,55455.496.86$367,400
Oct 2008065,42075.246.92$452,836
Sep 2008075,247101.767.88$592,727
Aug 2008097,081114.228.48$823,540
Jul 20084167,739131.0811.39$1,910,976
Jun 2008848,349131.3313.03$631,165

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,472 Mcf  × $  3.05 =     $4,483

────────────────────────────────────────────────────
Month total                                   $4,483

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 05/G/241359 is the state's own key, not one this site invented.