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 262841District 05Field 06476300CondensateGasSave
Value, all time
$23.7 M
Jan 2011 – May 2026
Value, last 12 filed months
$248 k
at the published price for each month
Months reported
185
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition35 bbl$2,997
GasProduction6,386,007 Mcf$23,698,698
Total$23,701,696

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 31.3858, -96.2346. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38583, -96.23458 · 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
14,646 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 14,646 ft.

Completions filed
Feb 2021
1 of 1 wells

1 well

42-2893188651H14,646 ftFeb 2021

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 (185)

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

185 months

May 202604,868106.413.05$14,827
Apr 202605,64798.932.87$16,205
Mar 202604,71989.753.15$14,862
Feb 202605,00763.503.75$18,778
Jan 202605,02459.138.00$40,182
Dec 202505,78556.664.41$25,531
Nov 202505,63258.593.93$22,114
Oct 202504,01259.383.30$13,259
Sep 202506,63562.743.08$20,415
Aug 202505,66663.933.01$17,082
Jul 202506,91466.743.32$22,921
Jun 202507,10666.483.13$22,233
May 202506,79460.553.23$21,960
Apr 202517,80662.363.54$27,720
Mar 202505,69767.704.27$24,317
Feb 202506,90370.884.34$29,965
Jan 202507,52874.324.28$32,210
Dec 202417,49968.993.12$23,476
Nov 202408,90369.052.20$19,573
Oct 202408,09771.372.28$18,473
Sep 2024010,04869.612.36$23,757
Aug 202405,24275.632.06$10,818
Jul 202404,95979.932.15$10,645
Jun 202417,53978.082.63$19,936
May 202402,31478.812.20$5,087
Apr 202419,20384.451.66$15,354
Mar 202408,49580.301.55$13,126
Feb 202409,67776.091.78$17,260
Jan 202405,98173.023.30$19,723
Dec 202308,14871.262.61$21,272
Nov 202308,95477.892.81$25,139
Oct 202305,70385.443.09$17,607
Sep 202308,53589.042.74$23,344
Aug 2023013,00880.522.67$34,769
Jul 202309,10974.852.64$24,064
Jun 202305,86968.962.26$13,255
May 2023013,44070.622.23$29,936
Apr 202306,29878.122.24$14,093
Mar 202306,18872.852.39$14,809
Feb 202309,16975.112.47$22,608
Jan 202307,78776.533.39$26,380
Dec 2022011,25576.415.73$64,481
Nov 202207,85585.005.65$44,351
Oct 202206,77887.185.86$39,745
Sep 2022010,59284.888.16$86,470
Aug 2022012,51994.529.13$114,263
Jul 2022011,967101.587.54$90,256
Jun 2022010,744115.097.98$85,707
May 2022013,111109.378.43$110,566
Apr 2022012,774104.226.84$87,344
Mar 2022014,673108.885.08$74,486
Feb 2022012,17091.054.86$59,132
Jan 2022015,69481.844.54$71,214
Dec 2021013,82871.323.90$53,917
Nov 2021019,79977.435.24$103,684
Oct 202109,64179.795.71$55,087
Sep 2021017,95369.865.35$96,065
Aug 2021016,64266.024.22$70,239
Jul 2021028,06370.783.98$111,749
Jun 2021025569.493.38$862
May 2021016,73863.483.02$50,510
Apr 2021033,23760.362.76$91,682
Mar 2021040,20061.302.72$109,221
Feb 2021025,60957.805.55$142,077
Jan 2021031250.412.81$877
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201905,44856.803.06$16,682
Feb 2019011,70050.852.79$32,669
Jan 2019011,12846.033.23$35,923
Dec 201809,41746.594.19$39,414
Nov 201806,14652.934.24$26,042
Oct 2018010,27161.443.40$34,902
Sep 2018010,76159.543.11$33,445
Aug 201808,83959.403.07$27,105
Jul 201809,11865.142.93$26,733
Jun 2018011,06560.183.08$34,046
May 2018013,15765.382.90$38,166
Apr 201805,93263.842.90$17,208
Mar 201808,01961.222.79$22,348
Feb 2018012,98161.782.77$35,907
Jan 2018012,10462.874.01$48,529
Dec 2017010,88257.272.92$31,792
Nov 201706,07255.423.12$18,935
Oct 2017010,72849.292.98$32,009
Sep 2017011,27847.523.09$34,818
Aug 2017011,77345.373.00$35,371
Jul 2017014,01643.873.09$43,271
Jun 2017013,37442.493.09$41,289
May 2017012,83745.373.26$41,892
Apr 2017012,37147.933.21$39,731
Mar 2017014,05946.772.98$41,948
Feb 2017012,57250.452.95$37,120
Jan 2017013,26149.413.42$45,337
Dec 2016012,77448.763.72$47,555
Nov 2016016,51442.492.64$43,669
Oct 2016013,33046.193.09$41,193
Sep 2016013,86941.553.10$43,003
Aug 2016010,73341.442.92$31,387
Jul 2016019,62141.622.92$57,378
Jun 2016010,45345.352.69$28,075
May 2016020,94342.521.99$41,698
Apr 2016017,95336.561.99$35,745
Mar 201607,10933.011.79$12,754
Feb 2016020,10626.472.06$41,491
Jan 2016013,74927.352.36$32,508
Dec 2015017,41432.362.00$34,853
Nov 2015017,46438.792.17$37,850
Oct 2015020,17943.552.43$48,966
Sep 2015020,35542.992.76$56,148
Aug 2015020,26440.162.87$58,208
Jul 2015019,54248.152.95$57,553
Jun 2015016,40556.152.88$47,293
May 2015022,28255.212.96$65,853
Apr 2015018,39849.822.71$49,795
Mar 2015020,58442.892.93$60,408
Feb 2015021,42944.662.98$63,777
Jan 2015022,18643.433.10$68,791
Dec 2014021,08554.693.59$75,724
Nov 2014023,28170.464.25$98,987
Oct 2014024,91178.303.90$97,177
Sep 2014024,57386.164.05$99,409
Aug 2014028,25689.394.04$114,016
Jul 2014028,96496.564.18$121,058
Jun 2014026,07898.164.74$123,528
May 2014015,02894.734.73$71,031
Apr 2014034,29695.944.81$164,934
Mar 2014026,49795.895.06$133,990
Feb 2014025,27497.406.19$156,497
Jan 2014034,47990.404.86$167,593
Dec 2013035,19391.824.35$153,247
Nov 2013028,28188.853.74$105,722
Oct 2013038,33197.423.78$144,867
Sep 2013038,405104.113.72$142,780
Aug 2013045,302104.253.52$159,581
Jul 2013048,547102.523.72$180,485
Jun 2013043,36694.403.93$170,576
May 2013052,78994.834.15$219,026
Apr 2013055,08593.964.28$235,906
Mar 2013061,90393.623.91$242,218
Feb 2013059,13391.233.42$202,230
Jan 2013071,27191.603.42$243,740
Dec 2012067,31586.773.42$230,228
Nov 2012075,88086.953.62$275,062
Oct 2012083,91189.383.40$285,271
Sep 2012087,87294.672.92$256,446
Aug 2012098,93592.662.91$287,719
Jul 20120108,12185.133.02$326,612
Jun 20120111,58779.822.52$281,092
May 20120122,82691.612.49$305,630
Apr 20120105,024101.652.00$209,712
Mar 20120120,221105.052.22$267,141
Feb 20120123,071101.102.57$316,322
Jan 20120146,17598.092.73$399,654
Dec 20110170,67396.873.24$552,936
Nov 20110136,17295.723.31$450,904
Oct 20110192,54684.983.65$702,512
Sep 20110180,42883.623.99$719,150
Aug 20110253,36183.404.15$1,051,276
Jul 20110273,98794.144.52$1,237,665
Jun 20110255,17492.904.64$1,183,977
May 20113333,56398.134.40$1,469,579
Apr 20110411,643105.964.33$1,783,764
Mar 20110389,73896.364.06$1,581,300
Feb 201115274,41785.644.18$1,148,342
Jan 20111315,75786.504.59$73,430

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                4,868 Mcf  × $  3.05 =    $14,827

────────────────────────────────────────────────────
Month total                                  $14,827

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/262841 is the state's own key, not one this site invented.