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 244682District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Dec 2008 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
210
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 Gas112009-02-25189765
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
CondensateDisposition14 bbl$531
GasProduction1,062,416 Mcf$3,999,993
Total$4,000,523

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 31.3833, -96.2515. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38327, -96.25150 · 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
15,150 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 15,150 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-289317333515,150 ftDec 2008

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 (210)

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

210 months

May 202601,324106.413.05$4,033
Apr 202601,22098.932.87$3,501
Mar 202601,65089.753.15$5,197
Feb 202601,31963.503.75$4,947
Jan 202601,49459.138.00$11,949
Dec 202501,73556.664.41$7,657
Nov 202501,71058.593.93$6,714
Oct 202501,66159.383.30$5,489
Sep 202501,81062.743.08$5,569
Aug 202501,98963.933.01$5,996
Jul 202501,89066.743.32$6,266
Jun 202502,00466.483.13$6,270
May 202501,89260.553.23$6,116
Apr 202502,01362.363.54$7,132
Mar 202501,91767.704.27$8,182
Feb 202502,41670.884.34$10,487
Jan 202503,53474.324.28$15,121
Dec 202403,05168.993.12$9,523
Nov 202402,92169.052.20$6,422
Oct 202404,73671.372.28$10,805
Sep 202403,03669.612.36$7,178
Aug 2024022275.632.06$458
Jul 2024097379.932.15$2,089
Jun 202401,00778.082.63$2,652
May 202401,21278.812.20$2,665
Apr 202401,26884.451.66$2,104
Mar 202401,39280.301.55$2,151
Feb 202401,31376.091.78$2,342
Jan 202401,57773.023.30$5,200
Dec 202302,44771.262.61$6,388
Nov 202302,89677.892.81$8,131
Oct 202303,51485.443.09$10,849
Sep 202303,41889.042.74$9,348
Aug 202302,22580.522.67$5,947
Jul 202301,78174.852.64$4,705
Jun 202303,60568.962.26$8,142
May 202303,28570.622.23$7,317
Apr 202302,84878.122.24$6,373
Mar 202305,01872.852.39$12,009
Feb 2023078275.112.47$1,928
Jan 202301,40976.533.39$4,773
Dec 202201,16676.415.73$6,680
Nov 202201,06585.005.65$6,013
Oct 202201,15587.185.86$6,773
Sep 202201,08384.888.16$8,841
Aug 202201,40194.529.13$12,787
Jul 202201,698101.587.54$12,806
Jun 202201,029115.097.98$8,209
May 202202,658109.378.43$22,415
Apr 202203,586104.226.84$24,520
Mar 202201,829108.885.08$9,285
Feb 202202,93891.054.86$14,275
Jan 202202,44281.844.54$11,081
Dec 202103,55071.323.90$13,842
Nov 202101,93277.435.24$10,118
Oct 202104,36479.795.71$24,935
Sep 202101,20069.865.35$6,421
Aug 202102,51066.024.22$10,594
Jul 202103,16270.783.98$12,591
Jun 202103,20369.493.38$10,828
May 202103,99463.483.02$12,053
Apr 202104,16760.362.76$11,494
Mar 202102,16061.302.72$5,869
Feb 202101,15257.805.55$6,391
Jan 202101,42050.412.81$3,991
Dec 202001,62844.642.68$4,356
Nov 202002,45638.772.71$6,647
Oct 202002,76536.972.48$6,853
Sep 202002,33237.091.99$4,643
Aug 202002,44339.982.39$5,827
Jul 202002,57438.371.83$4,698
Jun 202002,66734.901.69$4,508
May 202002,68416.921.81$4,871
Apr 202002,35614.751.80$4,251
Mar 202002,83930.341.86$5,270
Feb 202003,07049.881.98$6,081
Jan 202002,19857.252.09$4,604
Dec 201901,84559.012.30$4,252
Nov 201902,37755.302.75$6,538
Oct 201903,05053.472.42$7,377
Sep 201903,07655.052.66$8,174
Aug 201902,43853.112.30$5,618
Jul 201902,48056.272.46$6,101
Jun 201902,53452.782.49$6,313
May 201902,89458.482.74$7,930
Apr 201903,38662.632.75$9,314
Mar 201902,33056.803.06$7,135
Feb 201902,20450.852.79$6,154
Jan 201902,32546.033.23$7,506
Dec 201802,99546.594.19$12,535
Nov 201803,28952.934.24$13,936
Oct 201802,54561.443.40$8,648
Sep 201802,47959.543.11$7,705
Aug 201802,60559.403.07$7,988
Jul 201803,13465.142.93$9,189
Jun 201803,75560.183.08$11,554
May 201804,49965.382.90$13,051
Apr 201802,64263.842.90$7,664
Mar 201802,81861.222.79$7,853
Feb 201803,06961.782.77$8,489
Jan 201802,80062.874.01$11,226
Dec 201701,96357.272.92$5,735
Nov 201703,22055.423.12$10,041
Oct 201703,97849.292.98$11,869
Sep 201703,06147.523.09$9,450
Aug 201703,67445.373.00$11,038
Jul 201703,51343.873.09$10,846
Jun 201704,08242.493.09$12,602
May 201703,54045.373.26$11,552
Apr 201704,44847.933.21$14,285
Mar 201703,53146.772.98$10,535
Feb 201703,29250.452.95$9,720
Jan 201704,17849.413.42$14,284
Dec 201603,93948.763.72$14,664
Nov 201602,65042.492.64$7,008
Oct 201603,84646.193.09$11,885
Sep 201602,59441.553.10$8,043
Aug 201603,61541.442.92$10,571
Jul 201603,46341.622.92$10,127
Jun 201603,79445.352.69$10,190
May 201603,78442.521.99$7,534
Apr 201603,91536.561.99$7,795
Mar 201603,80733.011.79$6,830
Feb 201603,42326.472.06$7,064
Jan 201604,16327.352.36$9,843
Dec 201503,80132.362.00$7,607
Nov 201503,81638.792.17$8,271
Oct 201503,96843.552.43$9,629
Sep 201503,97542.992.76$10,965
Aug 201504,45140.162.87$12,785
Jul 201504,06348.152.95$11,966
Jun 201504,01756.152.88$11,580
May 201503,89655.212.96$11,514
Apr 201505,67349.822.71$15,354
Mar 201501,24842.892.93$3,663
Feb 201504,88344.662.98$14,533
Jan 201504,63443.433.10$14,368
Dec 201404,05254.693.59$14,552
Nov 201404,11670.464.25$17,501
Oct 201402,57078.303.90$10,025
Sep 201404,76186.164.05$19,260
Aug 201404,23889.394.04$17,101
Jul 201404,48196.564.18$18,729
Jun 201404,37598.164.74$20,724
May 201404,49094.734.73$21,222
Apr 201403,61495.944.81$17,380
Mar 201403,99795.895.06$20,212
Feb 201404,98797.406.19$30,880
Jan 201405,10290.404.86$24,799
Dec 201305,04191.824.35$21,951
Nov 201305,83888.853.74$21,824
Oct 201306,22397.423.78$23,519
Sep 201306,848104.113.72$25,459
Aug 201307,931104.253.52$27,938
Jul 201307,351102.523.72$27,329
Jun 201307,67194.403.93$30,173
May 201308,77094.834.15$36,387
Apr 201305,78493.964.28$24,771
Mar 201306,85293.623.91$26,811
Feb 201306,65791.233.42$22,766
Jan 201307,34391.603.42$25,112
Dec 201207,47486.773.42$25,562
Nov 201207,27886.953.62$26,382
Oct 201207,52189.383.40$25,569
Sep 201207,39794.672.92$21,587
Aug 201206,38692.662.91$18,572
Jul 201206,46485.133.02$19,526
Jun 201207,36679.822.52$18,555
May 201205,52991.612.49$13,758
Apr 201208,204101.652.00$16,382
Mar 2012010,425105.052.22$23,165
Feb 2012010,356101.102.57$26,617
Jan 201208798.092.73$238
Dec 201101,31396.873.24$4,254
Nov 201106,97195.723.31$23,083
Oct 201108,04684.983.65$29,356
Sep 201102,90683.623.99$11,583
Aug 201108,31783.404.15$34,510
Jul 201105,76494.144.52$26,037
Jun 201106,84992.904.64$31,779
May 201107,38398.134.40$32,521
Apr 201108,547105.964.33$37,037
Mar 201108,23996.364.06$33,428
Feb 201106,94785.644.18$29,038
Jan 201107,87886.504.59$36,150
Dec 201008,80685.734.35$38,286
Nov 201008,34080.843.80$31,653
Oct 201009,51878.103.51$33,398
Sep 201009,69872.633.98$38,593
Aug 2010010,39073.684.42$45,917
Jul 2010010,95172.554.74$51,869
Jun 2010010,95970.364.91$53,813
May 201009,82271.124.24$41,598
Apr 2010011,17481.694.12$46,067
Mar 2010011,50578.394.39$50,492
Feb 2010010,98273.585.44$59,768
Jan 2010011,56074.365.96$68,945
Dec 2009013,02371.445.48$71,415
Nov 2009013,53174.593.75$50,762
Oct 2009015,47172.544.11$63,590
Sep 2009016,15865.543.06$49,520
Aug 2009018,45367.423.22$59,391
Jul 2009020,38961.133.46$70,638
Jun 2009023,65366.163.90$92,128
May 2009021,66554.743.93$85,051
Apr 2009218,00046.773.59$64,669
Mar 2009322,57242.144.06$91,746
Feb 2009425,73132.814.63$119,343
Jan 2009530,39035.865.37$163,404
Dec 2008029,07937.105.98$173,809

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                1,324 Mcf  × $  3.05 =     $4,033

────────────────────────────────────────────────────
Month total                                   $4,033

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/244682 is the state's own key, not one this site invented.