KOALA GAS UNIT

Operated by BPX OPERATING COMPANY (P-5 85408) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288497District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$39.5 M
Oct 2019 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
80
no gaps in the span
Streams
1
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
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 2013-01-29.

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
NGPA1none
ST-1112020-05-29226315

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
GasProduction12,717,809 Mcf$39,545,151
Total$39,545,151

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 31.5016, -94.2630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50156, -94.26297 · 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
13,850 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 13,850 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-405306652H13,850 ftOct 2019

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 (80)

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

80 months

May 202630,119106.413.05$91,738
Apr 202631,82398.932.87$91,323
Mar 202628,35289.753.15$89,293
Feb 202630,64763.503.75$114,936
Jan 202633,55659.138.00$268,378
Dec 202534,34656.664.41$151,581
Nov 202537,11758.593.93$145,738
Oct 202532,74259.383.30$108,207
Sep 202540,34962.743.08$124,151
Aug 202534,65163.933.01$104,464
Jul 202539,26666.743.32$130,175
Jun 202538,86966.483.13$121,610
May 202541,14060.553.23$132,978
Apr 202540,90262.363.54$144,921
Mar 202543,51567.704.27$185,736
Feb 202539,90370.884.34$173,213
Jan 202545,65174.324.28$195,326
Dec 202447,52768.993.12$148,349
Nov 202449,11569.052.20$107,976
Oct 202450,45271.372.28$115,101
Sep 202450,16769.612.36$118,613
Aug 202454,33575.632.06$112,127
Jul 202453,36479.932.15$114,551
Jun 202454,63478.082.63$143,905
May 202458,91578.812.20$129,521
Apr 202458,16584.451.66$96,507
Mar 202463,10480.301.55$97,504
Feb 202460,51376.091.78$107,933
Jan 202466,82773.023.30$220,373
Dec 202369,14371.262.61$180,513
Nov 202369,04677.892.81$193,851
Oct 202372,89185.443.09$225,035
Sep 202370,12689.042.74$191,797
Aug 202372,89080.522.67$194,826
Jul 202379,90774.852.64$211,098
Jun 202378,19468.962.26$176,600
May 202383,79470.622.23$186,643
Apr 202382,71978.122.24$185,105
Mar 202389,73272.852.39$214,743
Feb 202384,30575.112.47$207,869
Jan 202393,20276.533.39$315,742
Dec 2022100,31976.415.73$574,736
Nov 2022100,03985.005.65$564,840
Oct 2022106,90187.185.86$626,842
Sep 2022107,01884.888.16$873,661
Aug 2022112,61994.529.13$1,027,892
Jul 2022119,004101.587.54$897,538
Jun 2022119,526115.097.98$953,483
May 2022131,258109.378.43$1,106,904
Apr 2022132,639104.226.84$906,932
Mar 2022143,493108.885.08$728,428
Feb 2022134,46491.054.86$653,339
Jan 2022153,71481.844.54$697,505
Dec 2021160,36471.323.90$625,278
Nov 2021161,62977.435.24$846,427
Oct 2021177,97279.795.71$1,016,909
Sep 2021181,80969.865.35$972,845
Aug 2021199,51966.024.22$842,088
Jul 2021208,48570.783.98$830,204
Jun 2021207,39969.493.38$701,137
May 2021215,84163.483.02$651,337
Apr 2021242,10960.362.76$667,838
Mar 2021270,93661.302.72$736,117
Feb 2021191,53657.805.55$1,062,632
Jan 2021288,11450.412.81$809,678
Dec 2020308,01344.642.68$824,076
Nov 2020316,15338.772.71$855,690
Oct 2020350,24636.972.48$868,060
Sep 2020360,03737.091.99$716,848
Aug 2020405,87439.982.39$968,050
Jul 2020435,39238.371.83$794,643
Jun 2020451,59634.901.69$763,337
May 2020505,44116.921.81$917,249
Apr 2020514,99114.751.80$929,239
Mar 2020594,47530.341.86$1,103,482
Feb 2020589,50049.881.98$1,167,605
Jan 2020631,73957.252.09$1,323,329
Dec 2019616,43259.012.30$1,420,481
Nov 2019288,64455.302.75$793,973
Oct 2019146,55453.472.42$354,447

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
Gas               30,119 Mcf  × $  3.05 =    $91,738

────────────────────────────────────────────────────
Month total                                  $91,738

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. 06/G/288497 is the state's own key, not one this site invented.