MineralRecord
Log inSign up

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 261237District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.7 M
Nov 2010 – May 2026
Value, last 12 filed months
$146 k
at the published price for each month
Months reported
187
no gaps in the span
Streams
2
condensate, gas

The BEAR GRASS (COTTON VALLEY CONS) field

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 Gas112011-11-22204385
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
CondensateDisposition5 bbl$430
GasProduction5,008,095 Mcf$18,696,067
Total$18,696,497

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 31.3962, -96.2350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39622, -96.23502 · 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
14,324 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 14,324 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-2893188350H14,324 ftNov 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 (187)

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

187 months

May 202604,253106.413.05$12,954
Apr 202603,87798.932.87$11,126
Mar 202614,86789.753.15$15,418
Feb 202606,15563.503.75$23,083
Jan 202603,03059.138.00$24,234
Dec 202501,14256.664.41$5,040
Nov 2025087658.593.93$3,440
Oct 202501,40759.383.30$4,650
Sep 202501,32962.743.08$4,089
Aug 202503,37763.933.01$10,181
Jul 202506,42766.743.32$21,307
Jun 202503,26866.483.13$10,225
May 202505,48860.553.23$17,739
Apr 202504,25362.363.54$15,069
Mar 202515,51967.704.27$23,625
Feb 202505,19570.884.34$22,551
Jan 202502,83974.324.28$12,147
Dec 202402,95268.993.12$9,214
Nov 202402,32569.052.20$5,111
Oct 202403,37271.372.28$7,693
Sep 202403,55269.612.36$8,398
Aug 202402,75975.632.06$5,694
Jul 202404,64979.932.15$9,980
Jun 202402,88078.082.63$7,586
May 202403,39478.812.20$7,462
Apr 202402,47384.451.66$4,103
Mar 202403,52880.301.55$5,451
Feb 202403,87876.091.78$6,917
Jan 202404,76173.023.30$15,700
Dec 202302,50671.262.61$6,542
Nov 202302,08677.892.81$5,857
Oct 202304,72385.443.09$14,581
Sep 202303,95889.042.74$10,825
Aug 202305,51180.522.67$14,730
Jul 202305,65974.852.64$14,950
Jun 202305,39668.962.26$12,187
May 202302,89670.622.23$6,451
Apr 202301,93078.122.24$4,319
Mar 202303,83272.852.39$9,171
Feb 202304,22875.112.47$10,425
Jan 202301,87876.533.39$6,362
Dec 202201,09976.415.73$6,296
Nov 202201,26185.005.65$7,120
Oct 202202,18787.185.86$12,824
Sep 202202,72484.888.16$22,238
Aug 202203,33394.529.13$30,421
Jul 202202,530101.587.54$19,081
Jun 202201,584115.097.98$12,636
May 20220115109.378.43$970
Apr 202201,183104.226.84$8,089
Mar 202201,191108.885.08$6,046
Feb 202201,30791.054.86$6,351
Jan 202202,11481.844.54$9,593
Dec 202101,43671.323.90$5,599
Nov 202101,56577.435.24$8,196
Oct 202101,25979.795.71$7,194
Sep 202101,10869.865.35$5,929
Aug 202101,94466.024.22$8,205
Jul 202101,53570.783.98$6,112
Jun 202101,62969.493.38$5,507
May 202102,35663.483.02$7,110
Apr 202101,13660.362.76$3,134
Mar 202101,52261.302.72$4,135
Feb 202101,29657.805.55$7,190
Jan 202101,26750.412.81$3,561
Dec 202001,09844.642.68$2,938
Nov 202001,77138.772.71$4,793
Oct 202001,95836.972.48$4,853
Sep 2020092637.091.99$1,844
Aug 202001,44739.982.39$3,451
Jul 202003,33538.371.83$6,087
Jun 202002,21534.901.69$3,744
May 202002,21716.921.81$4,023
Apr 202002,34414.751.80$4,229
Mar 202002,56530.341.86$4,761
Feb 202001,95649.881.98$3,874
Jan 202001,35457.252.09$2,836
Dec 201903,09059.012.30$7,120
Nov 2019072855.302.75$2,003
Oct 201902,12453.472.42$5,137
Sep 201902,00955.052.66$5,338
Aug 201904,26653.112.30$9,830
Jul 201905,87356.272.46$14,448
Jun 201902,88752.782.49$7,192
May 201901,61158.482.74$4,415
Apr 201902,42962.632.75$6,681
Mar 201903,60456.803.06$11,036
Feb 201903,36350.852.79$9,390
Jan 201907,25746.033.23$23,427
Dec 201807,15046.594.19$29,926
Nov 201806,77852.934.24$28,720
Oct 201805,01661.443.40$17,045
Sep 201804,19359.543.11$13,032
Aug 201807,83259.403.07$24,017
Jul 201802,68065.142.93$7,857
Jun 201802,07760.183.08$6,391
May 201802,66465.382.90$7,728
Apr 201802,13363.842.90$6,187
Mar 201802,68861.222.79$7,491
Feb 201807,26961.782.77$20,107
Jan 201802,97062.874.01$11,908
Dec 201708,48257.272.92$24,780
Nov 201706,97755.423.12$21,757
Oct 201705,30649.292.98$15,831
Sep 201703,94447.523.09$12,176
Aug 201702,92045.373.00$8,773
Jul 2017011,81543.873.09$36,476
Jun 2017012,00342.493.09$37,057
May 201702,80245.373.26$9,144
Apr 201702,79547.933.21$8,976
Mar 201703,13246.772.98$9,345
Feb 201705,60450.452.95$16,546
Jan 201707,45649.413.42$25,491
Dec 2016010,82448.763.72$40,296
Nov 2016011,24642.492.64$29,738
Oct 2016011,87146.193.09$36,684
Sep 2016012,44441.553.10$38,584
Aug 2016015,05441.442.92$44,023
Jul 201607,96841.622.92$23,301
Jun 2016011,46545.352.69$30,793
May 2016010,85842.521.99$21,619
Apr 2016012,38636.561.99$24,661
Mar 2016013,28033.011.79$23,824
Feb 2016018,02926.472.06$37,205
Jan 201607,01527.352.36$16,586
Dec 2015016,53932.362.00$33,101
Nov 2015011,24238.792.17$24,365
Oct 2015019,67643.552.43$47,745
Sep 2015013,91742.992.76$38,389
Aug 2015014,69040.162.87$42,197
Jul 2015019,57848.152.95$57,659
Jun 2015019,81956.152.88$57,135
May 2015021,49555.212.96$63,527
Apr 2015019,81249.822.71$53,623
Mar 2015022,51842.892.93$66,084
Feb 2015021,69344.662.98$64,562
Jan 2015019,72543.433.10$61,160
Dec 2014021,83654.693.59$78,421
Nov 2014024,24970.464.25$103,103
Oct 2014025,58178.303.90$99,790
Sep 2014024,99686.164.05$101,120
Aug 2014028,10289.394.04$113,395
Jul 2014027,05296.564.18$113,067
Jun 2014027,80298.164.74$131,695
May 2014029,42594.734.73$139,079
Apr 2014026,35895.944.81$126,759
Mar 2014027,42595.895.06$138,683
Feb 2014026,34997.406.19$163,153
Jan 2014028,23390.404.86$137,233
Dec 2013029,12591.824.35$126,824
Nov 2013032,96988.853.74$123,247
Oct 2013027,05897.423.78$102,262
Sep 2013036,460104.113.72$135,549
Aug 2013037,328104.253.52$131,492
Jul 2013046,621102.523.72$173,325
Jun 2013039,09694.403.93$153,781
May 2013055,10194.834.15$228,618
Apr 2013057,30793.964.28$245,422
Mar 2013063,41693.623.91$248,139
Feb 2013040,04991.233.42$136,964
Jan 2013048,01791.603.42$164,214
Dec 2012051,23186.773.42$175,218
Nov 2012053,25586.953.62$193,047
Oct 2012058,29389.383.40$198,178
Sep 2012060,64794.672.92$176,992
Aug 2012068,03592.662.91$197,857
Jul 2012073,83385.133.02$223,035
Jun 2012075,06579.822.52$189,092
May 2012083,39091.612.49$207,501
Apr 2012087,623101.652.00$174,966
Mar 2012096,758105.052.22$215,004
Feb 2012099,068101.102.57$254,629
Jan 20120115,31898.092.73$315,289
Dec 20110123,50096.873.24$400,108
Nov 2011088,86595.723.31$294,257
Oct 20110120,76884.983.65$440,627
Sep 20110126,44683.623.99$503,988
Aug 20110141,48283.404.15$587,054
Jul 20111179,89894.144.52$812,737
Jun 20111136,64392.904.64$634,100
May 20110184,41398.134.40$812,306
Apr 20110245,714105.964.33$1,064,748
Mar 20110287,05596.364.06$1,164,680
Feb 20110256,18885.644.18$1,070,861
Jan 20110324,99186.504.59$1,491,312
Dec 20101265,34185.734.35$1,153,722
Nov 2010034,95480.843.80$132,662

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                4,253 Mcf  × $  3.05 =    $12,954

────────────────────────────────────────────────────
Month total                                  $12,954

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/261237 is the state's own key, not one this site invented.