KING GAS UNIT

Operated by LODESTONE OPERATING, INC. (P-5 100710) in the OLETHA (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 252587District 05Field 67102620CondensateGasSaveExport
Value, all time
$1.5 M
Dec 2008 – May 2026
Value, last 12 filed months
$5 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 88 leases and 88 wells, and the rule below applies to all of them.

Discovered
1992-02-23
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-03-21.

The Commission's schedule remark for this field reads: DENSITY REMAINS STATEWIDE.

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
CondensateDisposition945 bbl$74,129
GasProduction358,468 Mcf$1,390,859
Total$1,464,988

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 31.4554, -96.3891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45539, -96.38912 · 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
10,200 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 10,200 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-29331274310,200 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 2026083106.413.05$253
Apr 202609798.932.87$278
Mar 2026011189.753.15$350
Feb 2026012263.503.75$458
Jan 2026012659.138.00$1,008
Dec 2025012456.664.41$547
Nov 2025012258.593.93$479
Oct 2025015059.383.30$496
Sep 202508562.743.08$262
Aug 202505663.933.01$169
Jul 202505766.743.32$189
Jun 202506066.483.13$188
May 202506560.553.23$210
Apr 202508562.363.54$301
Mar 202507667.704.27$324
Feb 202508470.884.34$365
Jan 2025013574.324.28$578
Dec 202408068.993.12$250
Nov 202405269.052.20$114
Oct 202405271.372.28$119
Sep 202406669.612.36$156
Aug 202408875.632.06$182
Jul 202408379.932.15$178
Jun 202408178.082.63$213
May 202408778.812.20$191
Apr 2024017884.451.66$295
Mar 2024018180.301.55$280
Feb 2024017676.091.78$314
Jan 202402673.023.30$86
Dec 2023013371.262.61$347
Nov 202309177.892.81$255
Oct 2023023985.443.09$738
Sep 20230089.042.74$0
Aug 202301280.522.67$32
Jul 20230874.852.64$21
Jun 202302068.962.26$45
May 20230070.622.23$0
Apr 20230878.122.24$18
Mar 202301072.852.39$24
Feb 202305675.112.47$138
Jan 202308976.533.39$302
Dec 202209576.415.73$544
Nov 2022010685.005.65$599
Oct 2022011787.185.86$686
Sep 2022019384.888.16$1,576
Aug 2022012594.529.13$1,141
Jul 20220129101.587.54$973
Jun 20220123115.097.98$981
May 20220124109.378.43$1,046
Apr 20220119104.226.84$814
Mar 20220110108.885.08$558
Feb 2022010191.054.86$491
Jan 2022012781.844.54$576
Dec 2021014371.323.90$558
Nov 2021014177.435.24$738
Oct 2021017779.795.71$1,011
Sep 2021019369.865.35$1,033
Aug 2021020666.024.22$869
Jul 2021011070.783.98$438
Jun 2021018169.493.38$612
May 2021014463.483.02$435
Apr 2021018560.362.76$510
Mar 2021419961.302.72$786
Feb 2021015857.805.55$877
Jan 2021016950.412.81$475
Dec 2020018444.642.68$492
Nov 202002138.772.71$57
Oct 2020052436.972.48$1,299
Sep 2020031537.091.99$627
Aug 2020031539.982.39$751
Jul 2020045138.371.83$823
Jun 2020034134.901.69$576
May 202005416.921.81$98
Apr 202004514.751.80$81
Mar 202005630.341.86$104
Feb 202004849.881.98$95
Jan 202006557.252.09$136
Dec 201908459.012.30$194
Nov 201958455.302.75$508
Oct 201908153.472.42$196
Sep 2019010055.052.66$266
Aug 2019014153.112.30$325
Jul 2019015156.272.46$371
Jun 2019011852.782.49$294
May 2019012458.482.74$340
Apr 2019012862.632.75$352
Mar 2019014856.803.06$453
Feb 2019014550.852.79$405
Jan 2019015346.033.23$494
Dec 2018018446.594.19$770
Nov 2018016852.934.24$712
Oct 2018016061.443.40$544
Sep 2018015959.543.11$494
Aug 2018020259.403.07$619
Jul 2018016565.142.93$484
Jun 2018023360.183.08$717
May 2018023765.382.90$687
Apr 2018021863.842.90$632
Mar 2018025461.222.79$708
Feb 2018024461.782.77$675
Jan 2018029662.874.01$1,187
Dec 2017032657.272.92$952
Nov 2017031855.423.12$992
Oct 2017032949.292.98$982
Sep 2017034947.523.09$1,077
Aug 2017037545.373.00$1,127
Jul 2017045043.873.09$1,389
Jun 2017038042.493.09$1,173
May 2017051245.373.26$1,671
Apr 2017053347.933.21$1,712
Mar 2017046146.772.98$1,375
Feb 20171941450.452.95$2,181
Jan 2017051349.413.42$1,754
Dec 2016052648.763.72$1,958
Nov 2016050242.492.64$1,327
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016056041.442.92$1,638
Jul 2016066141.622.92$1,933
Jun 2016064045.352.69$1,719
May 2016058342.521.99$1,161
Apr 2016039336.561.99$782
Mar 2016039133.011.79$701
Feb 20161576126.472.06$1,967
Jan 2016092727.352.36$2,192
Dec 201501,16432.362.00$2,330
Nov 201503,96838.792.17$8,600
Oct 201504,71643.552.43$11,444
Sep 20151444,05442.992.76$17,373
Aug 201503,88240.162.87$11,151
Jul 201503,28448.152.95$9,672
Jun 201503,37556.152.88$9,730
May 201503,21755.212.96$9,508
Apr 201502,68549.822.71$7,267
Mar 201503,17042.892.93$9,303
Feb 201503,20544.662.98$9,539
Jan 201503,55143.433.10$11,010
Dec 201404,16454.693.59$14,954
Nov 201403,67070.464.25$15,604
Oct 201404,10878.303.90$16,025
Sep 2014613,57086.164.05$19,698
Aug 2014794,22689.394.04$24,114
Jul 201404,59496.564.18$19,201
Jun 201403,71398.164.74$17,588
May 201403,56494.734.73$16,845
Apr 201403,78395.944.81$18,193
Mar 201404,06495.895.06$20,551
Feb 201403,65397.406.19$22,619
Jan 201404,16090.404.86$20,221
Dec 201303,38291.824.35$14,727
Nov 201303,09388.853.74$11,563
Oct 201304,15897.423.78$15,715
Sep 201304,197104.113.72$15,603
Aug 2013783,274104.253.52$19,665
Jul 201303,543102.523.72$13,172
Jun 201302,60694.403.93$10,250
May 201303,31594.834.15$13,754
Apr 201303,41993.964.28$14,642
Mar 201303,09993.623.91$12,126
Feb 201303,53991.233.42$12,103
Jan 2013273,66891.603.42$15,017
Dec 201203,72886.773.42$12,750
Nov 201204,78886.953.62$17,356
Oct 201204,03489.383.40$13,714
Sep 201203,93294.672.92$11,475
Aug 2012264,75392.662.91$16,232
Jul 2012124,86485.133.02$15,715
Jun 2012133,60879.822.52$10,126
May 201204,77091.612.49$11,869
Apr 2012104,491101.652.00$9,984
Mar 201203,509105.052.22$7,797
Feb 201203,409101.102.57$8,762
Jan 2012123,50098.092.73$10,746
Dec 201103,44696.873.24$11,164
Nov 201103,25895.723.31$10,788
Oct 2011124,38384.983.65$17,011
Sep 2011152,44783.623.99$11,008
Aug 201102,38383.404.15$9,888
Jul 20111403,01494.144.52$26,795
Jun 201103,62792.904.64$16,829
May 2011263,52098.134.40$18,056
Apr 2011123,944105.964.33$18,362
Mar 2011182,24896.364.06$10,855
Feb 2011112,27985.644.18$10,468
Jan 201103,08686.504.59$14,161
Dec 2010183,69885.734.35$17,621
Nov 201002,86780.843.80$10,881
Oct 201002,90578.103.51$10,193
Sep 2010203,55072.633.98$15,580
Aug 2010123,58073.684.42$16,705
Jul 201004,16572.554.74$19,727
Jun 2010153,92470.364.91$20,324
May 2010255,38571.124.24$24,585
Apr 201006,16881.694.12$25,429
Mar 2010167,67878.394.39$34,950
Feb 201008,84773.585.44$48,149
Jan 20102913,25974.365.96$81,234
Dec 2009277,11071.445.48$40,918
Nov 200901,44174.593.75$5,406
Oct 200951,37072.544.11$5,994
Sep 200964,40965.543.06$13,906
Aug 2009124,95267.423.22$16,747
Jul 200908,20261.133.46$28,416
Jun 200935,60166.163.90$22,014
May 200923,27354.743.93$12,958
Apr 20095646.773.59$255
Mar 200902,35742.144.06$9,567
Feb 2009104,18432.814.63$19,713
Jan 200916,64435.865.37$35,721
Dec 200802,81037.105.98$16,796

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                   83 Mcf  × $  3.05 =       $253

────────────────────────────────────────────────────
Month total                                     $253

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/252587 is the state's own key, not one this site invented.