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 256608District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Feb 2010 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
196
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 Gas112010-08-16199196
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
CondensateDisposition9 bbl$817
GasProduction1,678,234 Mcf$6,501,567
Total$6,502,384

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 31.3946, -96.2410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39458, -96.24103 · 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
14,607 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 14,607 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-2893182336H14,607 ftMar 2010

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 (196)

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

196 months

May 20260882106.413.05$2,686
Apr 2026090598.932.87$2,597
Mar 2026036089.753.15$1,134
Feb 202601,11163.503.75$4,167
Jan 2026022859.138.00$1,824
Dec 2025096956.664.41$4,277
Nov 2025016358.593.93$640
Oct 2025096959.383.30$3,202
Sep 2025059162.743.08$1,818
Aug 2025035363.933.01$1,064
Jul 202501,04166.743.32$3,451
Jun 2025076766.483.13$2,400
May 2025079760.553.23$2,576
Apr 2025090862.363.54$3,217
Mar 2025063767.704.27$2,719
Feb 2025048370.884.34$2,097
Jan 2025039274.324.28$1,677
Dec 2024023668.993.12$737
Nov 2024066969.052.20$1,471
Oct 2024029871.372.28$680
Sep 2024079269.612.36$1,873
Aug 202401,09775.632.06$2,264
Jul 202401,10379.932.15$2,368
Jun 202401,21778.082.63$3,206
May 2024052978.812.20$1,163
Apr 2024083384.451.66$1,382
Mar 2024095380.301.55$1,473
Feb 202401,01676.091.78$1,812
Jan 202401,09373.023.30$3,604
Dec 202301,28071.262.61$3,342
Nov 202302,44177.892.81$6,853
Oct 2023061285.443.09$1,889
Sep 2023028889.042.74$788
Aug 202302,00780.522.67$5,364
Jul 2023065474.852.64$1,728
Jun 202301,47068.962.26$3,320
May 202302,02670.622.23$4,513
Apr 202302,80778.122.24$6,281
Mar 2023086172.852.39$2,061
Feb 202302,74475.112.47$6,766
Jan 202303,11876.533.39$10,563
Dec 202201,24776.415.73$7,144
Nov 202203,03785.005.65$17,148
Oct 202202,45987.185.86$14,419
Sep 202201,51184.888.16$12,335
Aug 202203,12294.529.13$28,495
Jul 202201,853101.587.54$13,975
Jun 202201,658115.097.98$13,226
May 202202,996109.378.43$25,265
Apr 202202,050104.226.84$14,017
Mar 202202,608108.885.08$13,239
Feb 202201,96891.054.86$9,562
Jan 202203,05681.844.54$13,867
Dec 202102,43571.323.90$9,494
Nov 202102,85577.435.24$14,951
Oct 202102,10379.795.71$12,016
Sep 202103,57669.865.35$19,135
Aug 202103,14766.024.22$13,282
Jul 202102,73570.783.98$10,891
Jun 202102,53169.493.38$8,556
May 202102,86863.483.02$8,655
Apr 202101,80060.362.76$4,965
Mar 202101,78061.302.72$4,836
Feb 202101,56657.805.55$8,688
Jan 202102,43550.412.81$6,843
Dec 202003,17044.642.68$8,481
Nov 202002,66238.772.71$7,205
Oct 202001,94536.972.48$4,821
Sep 202002,17537.091.99$4,331
Aug 202003,32639.982.39$7,933
Jul 202003,69338.371.83$6,740
Jun 202002,28034.901.69$3,854
May 202003,51116.921.81$6,372
Apr 202003,25414.751.80$5,871
Mar 202003,18230.341.86$5,907
Feb 202002,62849.881.98$5,205
Jan 202002,72357.252.09$5,704
Dec 201901,61959.012.30$3,731
Nov 201901,81055.302.75$4,979
Oct 201901,86153.472.42$4,501
Sep 201902,89555.052.66$7,693
Aug 201903,38053.112.30$7,789
Jul 201902,15656.272.46$5,304
Jun 201902,21352.782.49$5,513
May 201902,94258.482.74$8,062
Apr 201901,97762.632.75$5,438
Mar 201902,33756.803.06$7,156
Feb 201902,77950.852.79$7,760
Jan 201903,66846.033.23$11,841
Dec 201803,23846.594.19$13,552
Nov 201805,02952.934.24$21,309
Oct 201803,04561.443.40$10,347
Sep 201804,58659.543.11$14,253
Aug 201804,91859.403.07$15,081
Jul 201805,05565.142.93$14,821
Jun 2018024260.183.08$745
May 201807,19465.382.90$20,868
Apr 201807,16863.842.90$20,793
Mar 201801,23561.222.79$3,442
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201702657.272.92$76
Nov 201703,21155.423.12$10,013
Oct 201708,78949.292.98$26,224
Sep 201709,18147.523.09$28,344
Aug 2017074045.373.00$2,223
Jul 201709,99143.873.09$30,845
Jun 201705,79342.493.09$17,885
May 2017053245.373.26$1,736
Apr 201701,12947.933.21$3,626
Mar 201702,74946.772.98$8,202
Feb 201703,85550.452.95$11,382
Jan 201702,75749.413.42$9,426
Dec 201601,78448.763.72$6,642
Nov 201603,41542.492.64$9,030
Oct 201603,16746.193.09$9,787
Sep 201601,60941.553.10$4,989
Aug 201603,13341.442.92$9,162
Jul 201604,14041.622.92$12,107
Jun 201603,98245.352.69$10,695
May 201602,79142.521.99$5,557
Apr 201603,80536.561.99$7,576
Mar 201605,38333.011.79$9,657
Feb 201605,25126.472.06$10,836
Jan 201604,72827.352.36$11,179
Dec 201506,14932.362.00$12,307
Nov 201505,68938.792.17$12,330
Oct 201503,54743.552.43$8,607
Sep 201504,57742.992.76$12,625
Aug 201505,31340.162.87$15,262
Jul 201506,76148.152.95$19,912
Jun 201506,36856.152.88$18,358
May 201507,30355.212.96$21,584
Apr 201505,61549.822.71$15,197
Mar 201507,09642.892.93$20,825
Feb 201506,67544.662.98$19,866
Jan 201506,43343.433.10$19,946
Dec 201402,26254.693.59$8,124
Nov 201407,62270.464.25$32,408
Oct 201406,18778.303.90$24,135
Sep 201408,57886.164.05$34,702
Aug 201407,71489.394.04$31,127
Jul 201406,31496.564.18$26,390
Jun 201407,72798.164.74$36,602
May 201407,41594.734.73$35,047
Apr 201405,86695.944.81$28,210
Mar 2014011,57395.895.06$58,522
Feb 201402,17297.406.19$13,449
Jan 201409,41390.404.86$45,754
Dec 201308,15191.824.35$35,493
Nov 201389,28688.853.74$35,424
Oct 2013011,11097.423.78$41,989
Sep 2013010,912104.113.72$40,568
Aug 201309,808104.253.52$34,550
Jul 201309,842102.523.72$36,590
Jun 2013014,91694.403.93$58,671
May 201309,73594.834.15$40,391
Apr 2013010,16093.964.28$43,511
Mar 2013013,91193.623.91$54,432
Feb 2013023,38491.233.42$79,971
Jan 2013012,03391.603.42$41,152
Dec 2012010,98186.773.42$37,557
Nov 2012014,37386.953.62$52,102
Oct 201205,40989.383.40$18,389
Sep 2012014,86594.672.92$43,382
Aug 2012011,15392.662.91$32,435
Jul 2012011,68185.133.02$35,286
Jun 2012011,85379.822.52$29,858
May 2012013,69391.612.49$34,073
Apr 201209,963101.652.00$19,894
Mar 2012016,780105.052.22$37,287
Feb 2012015,824101.102.57$40,671
Jan 2012018,14698.092.73$49,613
Dec 2011020,15596.873.24$65,297
Nov 2011028,67295.723.31$94,941
Oct 2011017,70984.983.65$64,612
Sep 2011018,60883.623.99$74,168
Aug 2011015,48183.404.15$64,236
Jul 2011026,34994.144.52$119,025
Jun 2011018,90492.904.64$87,712
May 2011020,56498.134.40$90,581
Apr 2011115,273105.964.33$66,288
Mar 2011038,53996.364.06$156,366
Feb 2011047,93385.644.18$200,359
Jan 201104,78986.504.59$21,976
Dec 2010035,76385.734.35$155,489
Nov 2010034,20380.843.80$129,812
Oct 2010033,78878.103.51$118,558
Sep 2010043,75172.633.98$174,106
Aug 2010052,85173.684.42$233,568
Jul 2010053,63872.554.74$254,056
Jun 2010076,96970.364.91$377,949
May 2010044,78571.124.24$189,674
Apr 2010089,01481.694.12$366,977
Mar 20100147,39278.394.39$646,855
Feb 2010043,83373.585.44$238,555

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                  882 Mcf  × $  3.05 =     $2,686

────────────────────────────────────────────────────
Month total                                   $2,686

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/256608 is the state's own key, not one this site invented.