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 257490District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.9 M
Apr 2010 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
194
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 Gas112010-10-15200021
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
CondensateDisposition4 bbl$327
GasProduction3,823,771 Mcf$14,879,080
Total$14,879,407

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 31.3819, -96.2412. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38186, -96.24116 · 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
14,774 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 14,774 ft.

Completions filed
Apr 2026
1 of 1 wells

1 well

42-2893181924H14,774 ftApr 2026

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 (194)

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

194 months

May 202600106.413.05$0
Apr 2026083298.932.87$2,388
Mar 202601,20289.753.15$3,786
Feb 202601,17063.503.75$4,388
Jan 202601,84459.138.00$14,748
Dec 202501,91156.664.41$8,434
Nov 202501,89558.593.93$7,441
Oct 202501,83859.383.30$6,074
Sep 202501,98962.743.08$6,120
Aug 202501,95463.933.01$5,891
Jul 202502,05866.743.32$6,823
Jun 202502,01666.483.13$6,308
May 202502,08960.553.23$6,752
Apr 202501,98262.363.54$7,022
Mar 202501,90167.704.27$8,114
Feb 202502,30970.884.34$10,023
Jan 202501,88874.324.28$8,078
Dec 202401,96968.993.12$6,146
Nov 202401,96769.052.20$4,324
Oct 202401,97271.372.28$4,499
Sep 202402,15869.612.36$5,102
Aug 202401,76975.632.06$3,651
Jul 202401,95679.932.15$4,199
Jun 202401,86478.082.63$4,910
May 202401,75478.812.20$3,856
Apr 202402,05484.451.66$3,408
Mar 202402,09780.301.55$3,240
Feb 202402,16076.091.78$3,853
Jan 202403,66273.023.30$12,076
Dec 202302,39871.262.61$6,261
Nov 202302,39677.892.81$6,727
Oct 202302,11885.443.09$6,539
Sep 202302,26489.042.74$6,192
Aug 202302,46280.522.67$6,581
Jul 202302,32774.852.64$6,147
Jun 202302,06468.962.26$4,662
May 202302,75670.622.23$6,139
Apr 202302,33078.122.24$5,214
Mar 202302,66772.852.39$6,383
Feb 202302,34575.112.47$5,782
Jan 202302,85176.533.39$9,658
Dec 202202,98676.415.73$17,107
Nov 202202,62385.005.65$14,810
Oct 202202,18887.185.86$12,830
Sep 202202,46484.888.16$20,115
Aug 202202,26994.529.13$20,710
Jul 202202,795101.587.54$21,080
Jun 202202,844115.097.98$22,687
May 202202,868109.378.43$24,186
Apr 202202,872104.226.84$19,638
Mar 202202,842108.885.08$14,427
Feb 202203,00791.054.86$14,611
Jan 202202,92281.844.54$13,259
Dec 202103,15871.323.90$12,313
Nov 202103,05777.435.24$16,009
Oct 202102,86779.795.71$16,382
Sep 202102,57969.865.35$13,800
Aug 202102,91866.024.22$12,316
Jul 202103,03870.783.98$12,098
Jun 202102,80669.493.38$9,486
May 202103,60463.483.02$10,876
Apr 202103,84460.362.76$10,603
Mar 202103,50961.302.72$9,534
Feb 202102,32757.805.55$12,910
Jan 202103,19450.412.81$8,976
Dec 202006,89444.642.68$18,445
Nov 202005,10538.772.71$13,817
Oct 202006,37736.972.48$15,805
Sep 202003,28637.091.99$6,543
Aug 202003,81639.982.39$9,102
Jul 202004,54638.371.83$8,297
Jun 202004,68034.901.69$7,911
May 202005,34716.921.81$9,703
Apr 202006,59314.751.80$11,896
Mar 202004,00430.341.86$7,432
Feb 202005,48849.881.98$10,870
Jan 202006,72657.252.09$14,089
Dec 201901,46659.012.30$3,378
Nov 201901,62055.302.75$4,456
Oct 201902,52653.472.42$6,109
Sep 201902,19355.052.66$5,827
Aug 201904,15553.112.30$9,575
Jul 201905,03156.272.46$12,377
Jun 201906,30352.782.49$15,702
May 201902,77158.482.74$7,593
Apr 201906,63962.632.75$18,262
Mar 201901,28656.803.06$3,938
Feb 201907,67950.852.79$21,441
Jan 201908,07046.033.23$26,051
Dec 201802,11446.594.19$8,848
Nov 201806,35752.934.24$26,936
Oct 201807,98261.443.40$27,123
Sep 201804,79859.543.11$14,912
Aug 201807,48759.403.07$22,959
Jul 201806,99365.142.93$20,503
Jun 201806,04860.183.08$18,609
May 201809,38865.382.90$27,233
Apr 201807,20763.842.90$20,906
Mar 201805,85361.222.79$16,311
Feb 201803,59961.782.77$9,955
Jan 201807,51762.874.01$30,138
Dec 201705,19057.272.92$15,163
Nov 201705,19655.423.12$16,203
Oct 2017011,35249.292.98$33,871
Sep 201702,32147.523.09$7,166
Aug 201707,77645.373.00$23,362
Jul 201705,80643.873.09$17,925
Jun 201707,08542.493.09$21,873
May 201708,32945.373.26$27,181
Apr 201708,02047.933.21$25,757
Mar 201708,72546.772.98$26,033
Feb 201705,53250.452.95$16,334
Jan 201709,83249.413.42$33,614
Dec 201607,97748.763.72$29,697
Nov 201609,08342.492.64$24,019
Oct 201608,74746.193.09$27,031
Sep 201609,09341.553.10$28,194
Aug 2016011,00941.442.92$32,194
Jul 201609,48741.622.92$27,743
Jun 2016013,43745.352.69$36,090
May 2016034242.521.99$681
Apr 2016010,65736.561.99$21,219
Mar 2016011,60833.011.79$20,825
Feb 201607,69626.472.06$15,882
Jan 2016011,49927.352.36$27,188
Dec 2015010,72632.362.00$21,467
Nov 201509,32138.792.17$20,202
Oct 2015012,44243.552.43$30,192
Sep 2015010,37042.992.76$28,605
Aug 2015014,08740.162.87$40,465
Jul 201502,77148.152.95$8,161
Jun 2015010,43356.152.88$30,077
May 2015011,36955.212.96$33,601
Apr 2015011,59149.822.71$31,372
Mar 2015012,39442.892.93$36,373
Feb 2015013,10644.662.98$39,006
Jan 201507,40543.433.10$22,960
Dec 2014012,97554.693.59$46,598
Nov 2014012,96470.464.25$55,121
Oct 2014013,48678.303.90$52,608
Sep 2014013,26286.164.05$53,651
Aug 2014015,00089.394.04$60,527
Jul 2014015,11996.564.18$63,191
Jun 2014014,95198.164.74$70,821
May 2014014,39594.734.73$68,039
Apr 2014017,00895.944.81$81,794
Mar 2014014,22395.895.06$71,923
Feb 2014016,09297.406.19$99,642
Jan 2014020,33190.404.86$98,823
Dec 2013018,64491.824.35$81,185
Nov 2013018,70088.853.74$69,906
Oct 2013020,46997.423.78$77,360
Sep 2013018,037104.113.72$67,057
Aug 2013021,608104.253.52$76,117
Jul 2013025,052102.523.72$93,137
Jun 2013020,79494.403.93$81,791
May 2013025,52494.834.15$105,901
Apr 2013023,95593.964.28$102,589
Mar 2013026,44793.623.91$103,484
Feb 2013025,74791.233.42$88,052
Jan 2013029,80191.603.42$101,917
Dec 2012023,96386.773.42$81,957
Nov 2012029,58886.953.62$107,255
Oct 2012033,46289.383.40$113,760
Sep 2012037,50194.672.92$109,443
Aug 2012046,21792.662.91$134,406
Jul 2012052,04485.133.02$157,215
Jun 2012059,80079.822.52$150,639
May 2012065,89991.612.49$163,978
Apr 2012026,892101.652.00$53,698
Mar 2012031,126105.052.22$69,164
Feb 2012030,957101.102.57$79,567
Jan 2012028,20298.092.73$77,107
Dec 2011038,80596.873.24$125,718
Nov 2011033,22295.723.31$110,007
Oct 2011049,90084.983.65$182,062
Sep 2011037,63483.623.99$150,002
Aug 2011049,80083.404.15$206,636
Jul 2011052,52494.144.52$237,264
Jun 2011046,51092.904.64$215,801
May 2011064,17598.134.40$282,679
Apr 2011065,419105.964.33$283,479
Mar 2011067,82196.364.06$275,173
Feb 2011073,37985.644.18$306,723
Jan 2011065,32686.504.59$299,767
Dec 2010092,58685.734.35$402,541
Nov 2010090,16680.843.80$342,210
Oct 20100119,63278.103.51$419,776
Sep 20100144,79372.633.98$576,199
Aug 20100152,05773.684.42$671,995
Jul 20100294,39472.554.74$1,394,394
Jun 20100349,65970.364.91$1,716,966
May 20100309,60671.124.24$1,311,250
Apr 2010443,55181.694.12$179,874

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  832 Mcf  × $  2.87 =     $2,388

────────────────────────────────────────────────────
Month total                                   $2,388

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/257490 is the state's own key, not one this site invented.