W. A. KEILS GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TEAGUE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262460District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Aug 2011 – May 2026
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
178
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112012-04-12205621
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
CondensateDisposition27 bbl$2,014
GasProduction630,168 Mcf$2,059,001
Total$2,061,015

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 31.5810, -96.2975. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58104, -96.29747 · 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
12,572 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 12,572 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-16134709912,572 ftAug 2011

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 (178)

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

178 months

May 202601,538106.413.05$4,685
Apr 202601,58198.932.87$4,537
Mar 202601,47889.753.15$4,655
Feb 202601,10463.503.75$4,140
Jan 2026087959.138.00$7,030
Dec 2025089956.664.41$3,968
Nov 202501,35858.593.93$5,332
Oct 202501,73259.383.30$5,724
Sep 202502,00562.743.08$6,169
Aug 202502,42663.933.01$7,314
Jul 202502,35966.743.32$7,821
Jun 202502,34966.483.13$7,349
May 202511,24760.553.23$4,091
Apr 202511,59862.363.54$5,724
Mar 202511,46267.704.27$6,308
Feb 202501,01970.884.34$4,423
Jan 2025264074.324.28$2,887
Dec 2024186168.993.12$2,756
Nov 202401,39869.052.20$3,073
Oct 202412,01271.372.28$4,662
Sep 202412,15969.612.36$5,174
Aug 202422,98975.632.06$6,319
Jul 202412,66079.932.15$5,790
Jun 202422,52478.082.63$6,804
May 202422,28678.812.20$5,183
Apr 202401,30684.451.66$2,167
Mar 2024092080.301.55$1,422
Feb 2024094476.091.78$1,684
Jan 2024067473.023.30$2,223
Dec 2023046871.262.61$1,222
Nov 2023058877.892.81$1,651
Oct 2023088385.443.09$2,726
Sep 202301,41689.042.74$3,873
Aug 202301,86380.522.67$4,980
Jul 202301,70974.852.64$4,515
Jun 202301,09768.962.26$2,478
May 202301,53570.622.23$3,419
Apr 2023080878.122.24$1,808
Mar 2023071972.852.39$1,721
Feb 2023079375.112.47$1,955
Jan 202301,16776.533.39$3,953
Dec 2022071676.415.73$4,102
Nov 202201,03885.005.65$5,861
Oct 2022053887.185.86$3,155
Sep 2022091184.888.16$7,437
Aug 2022092594.529.13$8,443
Jul 202201,054101.587.54$7,949
Jun 202201,252115.097.98$9,987
May 202201,380109.378.43$11,638
Apr 202201,475104.226.84$10,085
Mar 20220767108.885.08$3,894
Feb 202201,13691.054.86$5,520
Jan 202201,41581.844.54$6,421
Dec 2021086671.323.90$3,377
Nov 202101,33677.435.24$6,996
Oct 202101,02379.795.71$5,845
Sep 202101,13669.865.35$6,079
Aug 202101,23766.024.22$5,221
Jul 202101,57570.783.98$6,272
Jun 202101,53369.493.38$5,182
May 202101,86663.483.02$5,631
Apr 202101,64360.362.76$4,532
Mar 202102,34461.302.72$6,369
Feb 202101,25057.805.55$6,935
Jan 202102,19250.412.81$6,160
Dec 202002,20744.642.68$5,905
Nov 202001,84638.772.71$4,996
Oct 202002,20436.972.48$5,462
Sep 202002,37337.091.99$4,725
Aug 202002,45239.982.39$5,848
Jul 202002,63238.371.83$4,804
Jun 202002,63634.901.69$4,456
May 202002,56316.921.81$4,651
Apr 202002,45414.751.80$4,428
Mar 202003,09830.341.86$5,751
Feb 202002,44449.881.98$4,841
Jan 202002,53157.252.09$5,302
Dec 201902,50959.012.30$5,782
Nov 201902,46955.302.75$6,791
Oct 201902,43953.472.42$5,899
Sep 201902,32855.052.66$6,186
Aug 201902,62853.112.30$6,056
Jul 201902,73056.272.46$6,716
Jun 201902,63952.782.49$6,574
May 201902,67658.482.74$7,333
Apr 201902,52362.632.75$6,940
Mar 201902,64456.803.06$8,096
Feb 201902,41950.852.79$6,754
Jan 201902,71646.033.23$8,768
Dec 201802,74746.594.19$11,497
Nov 201802,65752.934.24$11,258
Oct 201802,78361.443.40$9,457
Sep 201802,59859.543.11$8,075
Aug 201802,68559.403.07$8,234
Jul 201802,74365.142.93$8,042
Jun 201802,71160.183.08$8,342
May 201802,80265.382.90$8,128
Apr 201802,77963.842.90$8,061
Mar 201802,91161.222.79$8,112
Feb 201802,74361.782.77$7,587
Jan 201802,99062.874.01$11,988
Dec 201703,00557.272.92$8,779
Nov 201702,95755.423.12$9,221
Oct 201703,01249.292.98$8,987
Sep 201703,00547.523.09$9,277
Aug 201703,11645.373.00$9,362
Jul 201703,02743.873.09$9,345
Jun 201702,99742.493.09$9,253
May 201703,11545.373.26$10,165
Apr 201703,04547.933.21$9,779
Mar 201703,24746.772.98$9,688
Feb 201702,99950.452.95$8,855
Jan 201703,28049.413.42$11,214
Dec 201603,32148.763.72$12,364
Nov 201603,28042.492.64$8,673
Oct 201603,44946.193.09$10,658
Sep 201603,39741.553.10$10,533
Aug 201603,54441.442.92$10,364
Jul 201603,52141.622.92$10,297
Jun 201603,43845.352.69$9,234
May 201603,67142.521.99$7,309
Apr 201603,53636.561.99$7,040
Mar 201603,78133.011.79$6,783
Feb 201603,56926.472.06$7,365
Jan 201603,90227.352.36$9,226
Dec 201503,68932.362.00$7,383
Nov 201503,77438.792.17$8,180
Oct 201504,01943.552.43$9,752
Sep 201523,90942.992.76$10,869
Aug 201504,05640.162.87$11,651
Jul 201504,11148.152.95$12,107
Jun 201504,05956.152.88$11,702
May 201504,41755.212.96$13,054
Apr 201504,05749.822.71$10,981
Mar 201504,39242.892.93$12,889
Feb 201504,00844.662.98$11,929
Jan 201504,40843.433.10$13,668
Dec 201404,50654.693.59$16,183
Nov 201404,40370.464.25$18,721
Oct 201404,71678.303.90$18,397
Sep 201404,69286.164.05$18,981
Aug 201404,91889.394.04$19,845
Jul 201405,02296.564.18$20,990
Jun 201404,98298.164.74$23,599
May 201405,33894.734.73$25,230
Apr 201405,30995.944.81$25,532
Mar 201405,68295.895.06$28,733
Feb 201405,37297.406.19$33,263
Jan 201405,89290.404.86$28,639
Dec 201306,19991.824.35$26,993
Nov 201303,26388.853.74$12,198
Oct 201305,16297.423.78$19,509
Sep 201305,774104.113.72$21,466
Aug 201306,080104.253.52$21,417
Jul 201306,294102.523.72$23,399
Jun 201306,21094.403.93$24,426
May 201306,53894.834.15$27,127
Apr 201306,74093.964.28$28,865
Mar 201307,07593.623.91$27,684
Feb 201306,30891.233.42$21,573
Jan 201307,16291.603.42$24,493
Dec 201207,18786.773.42$24,581
Nov 201207,40486.953.62$26,839
Oct 201208,30889.383.40$28,245
Sep 201208,09594.672.92$23,624
Aug 201208,28292.662.91$24,085
Jul 201209,32485.133.02$28,166
Jun 201209,66379.822.52$24,341
May 2012010,64591.612.49$26,488
Apr 2012011,657101.652.00$23,277
Mar 2012010,984105.052.22$24,407
Feb 2012012,348101.102.57$31,737
Jan 2012011,46098.092.73$31,333
Dec 2011015,12896.873.24$49,011
Nov 2011017,12295.723.31$56,696
Oct 2011017,63284.983.65$64,331
Sep 2011118,49183.623.99$73,785
Aug 201191,31883.404.15$6,219

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                1,538 Mcf  × $  3.05 =     $4,685

────────────────────────────────────────────────────
Month total                                   $4,685

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/262460 is the state's own key, not one this site invented.