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 258020District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.1 M
Apr 2010 – May 2026
Value, last 12 filed months
$169
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 Gas112010-12-28200574
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
CondensateDisposition1 bbl$82
GasProduction3,397,632 Mcf$13,137,420
Total$13,137,501

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 31.3977, -96.2501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39770, -96.25013 · 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
16,738 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 16,738 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-2893182033H16,738 ftApr 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 (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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202505159.383.30$169
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202404775.632.06$97
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202302280.522.67$59
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202305575.112.47$136
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202102677.435.24$136
Oct 202102,46479.795.71$14,079
Sep 202107,20169.865.35$38,532
Aug 202105,78366.024.22$24,408
Jul 202104,01970.783.98$16,004
Jun 202105,35969.493.38$18,117
May 202103,04863.483.02$9,198
Apr 202105,09260.362.76$14,046
Mar 202103,45561.302.72$9,387
Feb 202102,75557.805.55$15,285
Jan 202105,56850.412.81$15,648
Dec 202007,89744.642.68$21,128
Nov 202004,22338.772.71$11,430
Oct 202005,82936.972.48$14,447
Sep 202004,62437.091.99$9,207
Aug 202004,63239.982.39$11,048
Jul 202005,51138.371.83$10,058
Jun 202006,63034.901.69$11,207
May 202005,71916.921.81$10,379
Apr 202008,91514.751.80$16,086
Mar 202003,12030.341.86$5,791
Feb 202006,98549.881.98$13,835
Jan 202006,31357.252.09$13,224
Dec 201904,67259.012.30$10,766
Nov 201905,98655.302.75$16,466
Oct 201905,48153.472.42$13,256
Sep 201905,24755.052.66$13,943
Aug 201902,56353.112.30$5,906
Jul 201906,43456.272.46$15,828
Jun 201905,16752.782.49$12,872
May 201906,02158.482.74$16,499
Apr 201905,03262.632.75$13,842
Mar 201908,66256.803.06$26,524
Feb 201904,64950.852.79$12,981
Jan 201906,19046.033.23$19,982
Dec 2018011,08646.594.19$46,400
Nov 201803552.934.24$148
Oct 201807661.443.40$258
Sep 201803,30059.543.11$10,256
Aug 201809,83259.403.07$30,150
Jul 201805,48065.142.93$16,067
Jun 201804,74060.183.08$14,585
May 201803,40365.382.90$9,871
Apr 201807,59563.842.90$22,032
Mar 2018012461.222.79$346
Feb 2018018361.782.77$506
Jan 201804,97962.874.01$19,962
Dec 201705,58357.272.92$16,311
Nov 201706,82555.423.12$21,283
Oct 201704,74149.292.98$14,146
Sep 201705,01147.523.09$15,470
Aug 201706,79145.373.00$20,403
Jul 201704,24143.873.09$13,093
Jun 201705,81342.493.09$17,946
May 201708,84245.373.26$28,855
Apr 201706,70347.933.21$21,527
Mar 201707,39846.772.98$22,073
Feb 201707,37850.452.95$21,784
Jan 201706,96049.413.42$23,795
Dec 201609,22448.763.72$34,339
Nov 201607,10042.492.64$18,775
Oct 2016010,65046.193.09$32,911
Sep 201606,30841.553.10$19,559
Aug 201609,23341.442.92$27,000
Jul 201609,04941.622.92$26,462
Jun 201609,21045.352.69$24,736
May 201608,92742.521.99$17,774
Apr 201608,57836.561.99$17,079
Mar 201609,99333.011.79$17,928
Feb 2016010,45626.472.06$21,577
Jan 201608,70227.352.36$20,575
Dec 201509,23132.362.00$18,475
Nov 201508,59138.792.17$18,620
Oct 201509,86443.552.43$23,936
Sep 201509,80542.992.76$27,046
Aug 201509,98940.162.87$28,693
Jul 201509,96248.152.95$29,339
Jun 201509,70356.152.88$27,972
May 2015010,85655.212.96$32,084
Apr 2015010,37849.822.71$28,089
Mar 2015010,59842.892.93$31,102
Feb 2015010,87444.662.98$32,363
Jan 2015012,30843.433.10$38,163
Dec 2014011,67954.693.59$41,943
Nov 2014011,37070.464.25$48,343
Oct 2014013,26278.303.90$51,735
Sep 2014013,33486.164.05$53,942
Aug 2014014,60389.394.04$58,925
Jul 2014014,28996.564.18$59,722
Jun 2014014,62998.164.74$69,296
May 2014014,24994.734.73$67,349
Apr 2014014,24795.944.81$68,516
Mar 2014016,81595.895.06$85,030
Feb 2014016,43197.406.19$101,741
Jan 2014020,43990.404.86$99,348
Dec 2013019,48091.824.35$84,825
Nov 2013016,09388.853.74$60,160
Oct 201301,39597.423.78$5,272
Sep 2013014104.113.72$52
Aug 2013010,620104.253.52$37,410
Jul 2013020,652102.523.72$76,779
Jun 2013018,79194.403.93$73,913
May 2013024,70094.834.15$102,482
Apr 2013023,31393.964.28$99,840
Mar 2013028,47493.623.91$111,415
Feb 2013021,84291.233.42$74,698
Jan 2013029,15891.603.42$99,718
Dec 2012016,99186.773.42$58,112
Nov 2012027,85686.953.62$100,977
Oct 2012033,50189.383.40$113,893
Sep 2012034,83094.672.92$101,648
Aug 2012039,34992.662.91$114,433
Jul 2012042,55185.133.02$128,538
Jun 2012045,61679.822.52$114,909
May 2012047,12391.612.49$117,257
Apr 2012025,238101.652.00$50,395
Mar 2012026,904105.052.22$59,783
Feb 2012030,581101.102.57$78,601
Jan 2012034,61298.092.73$94,632
Dec 2011036,39496.873.24$117,907
Nov 2011036,57695.723.31$121,113
Oct 2011039,44184.983.65$143,902
Sep 2011028,40383.623.99$113,209
Aug 2011055,25983.404.15$229,287
Jul 2011054,15094.144.52$244,609
Jun 2011054,66792.904.64$253,648
May 2011066,71898.134.40$293,881
Apr 2011069,143105.964.33$299,616
Mar 2011071,82096.364.06$291,398
Feb 2011069,66185.644.18$291,182
Jan 2011064,78986.504.59$297,302
Dec 20100106,00285.734.35$460,870
Nov 20100107,75080.843.80$408,947
Oct 20100121,64478.103.51$426,835
Sep 20100139,49572.633.98$555,116
Aug 20100145,55673.684.42$643,264
Jul 20100205,64872.554.74$974,050
Jun 20100273,24770.364.91$1,341,752
May 20100254,80671.124.24$1,079,159
Apr 2010163,27781.694.12$260,953

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.

Oct 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.38 =         $0
Gas                   51 Mcf  × $  3.30 =       $169

────────────────────────────────────────────────────
Month total                                     $169

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/258020 is the state's own key, not one this site invented.