KING 'A'

Operated by MMGL TXPH, LLC (P-5 101619) in the HEMPHILL (GRANITE WASH.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276574District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Jan 2015 – May 2026
Value, last 12 filed months
$190 k
at the published price for each month
Months reported
137
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 712 leases and 714 wells, and the rule below applies to all of them.

Discovered
1964-01-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-07.

The Commission's schedule remark for this field reads: FIELD

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 Gas112015-06-15216501
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
CondensateDisposition38,453 bbl$1,889,524
GasProduction1,230,083 Mcf$3,729,400
Total$5,618,923

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 35.9067, -100.3623. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.90672, -100.36231 · 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
9,945 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 9,945 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-211353923H9,945 ftJan 2015

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 (137)

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

137 months

May 202603,960106.413.05$12,062
Apr 202603,70598.932.87$10,632
Mar 20261903,82889.753.15$29,109
Feb 202603,61563.503.75$13,557
Jan 202603,73459.138.00$29,864
Dec 202503,99456.664.41$17,627
Nov 202503,87258.593.93$15,203
Oct 202503,94359.383.30$13,031
Sep 202503,93462.743.08$12,105
Aug 202504,18963.933.01$12,629
Jul 202504,27566.743.32$14,172
Jun 202503,34666.483.13$10,469
May 20251784,01960.553.23$23,769
Apr 202503,89662.363.54$13,804
Mar 202504,10267.704.27$17,509
Feb 20251853,77470.884.34$29,495
Jan 202503,99574.324.28$17,093
Dec 202404,08868.993.12$12,760
Nov 20241804,40369.052.20$22,109
Oct 20241934,64671.372.28$24,374
Sep 202404,60669.612.36$10,890
Aug 202404,71875.632.06$9,736
Jul 20241843,72379.932.15$22,699
Jun 202403,95978.082.63$10,428
May 202404,22978.812.20$9,297
Apr 202404,15484.451.66$6,892
Mar 202404,29680.301.55$6,638
Feb 202404,11776.091.78$7,343
Jan 202404,79873.023.30$15,822
Dec 202304,48771.262.61$11,714
Nov 202304,27577.892.81$12,002
Oct 20232214,45285.443.09$32,627
Sep 202304,35089.042.74$11,897
Aug 202304,54880.522.67$12,156
Jul 20231834,50674.852.64$25,602
Jun 202304,24068.962.26$9,576
May 202304,46770.622.23$9,950
Apr 202304,57978.122.24$10,247
Mar 20231904,26072.852.39$24,036
Feb 202304,00775.112.47$9,880
Jan 20231994,49976.533.39$30,471
Dec 202204,54976.415.73$26,062
Nov 20221854,25785.005.65$39,761
Oct 202204,74887.185.86$27,841
Sep 202204,64284.888.16$37,896
Aug 20221954,41594.529.13$58,728
Jul 202204,713101.587.54$35,546
Jun 20221834,591115.097.98$57,685
May 20221974,703109.378.43$61,206
Apr 20221904,538104.226.84$50,831
Mar 202204,752108.885.08$24,123
Feb 202203,71191.054.86$18,031
Jan 20221804,40081.844.54$34,697
Dec 202103,69271.323.90$14,396
Nov 20211994,05577.435.24$36,644
Oct 202104,78279.795.71$27,324
Sep 20211854,71269.865.35$38,138
Aug 202104,81966.024.22$20,339
Jul 20211874,85470.783.98$32,565
Jun 202104,78169.493.38$16,163
May 20211925,15263.483.02$27,735
Apr 202105,05660.362.76$13,947
Mar 20212015,36461.302.72$26,895
Feb 202105,54257.805.55$30,747
Jan 20211885,28350.412.81$24,324
Dec 202005,53044.642.68$14,795
Nov 20201945,54138.772.71$22,518
Oct 20201826,19236.972.48$22,075
Sep 202003,96337.091.99$7,890
Aug 20201985,89439.982.39$21,974
Jul 202006,53738.371.83$11,931
Jun 20201895,56934.901.69$16,009
May 20201976,08416.921.81$14,374
Apr 202004,59614.751.80$8,293
Mar 20202495,41130.341.86$17,599
Feb 20201955,67449.881.98$20,965
Jan 20202036,20257.252.09$24,613
Dec 201906,39859.012.30$14,743
Nov 20191945,84755.302.75$26,812
Oct 20193797,30853.472.42$37,940
Sep 201907,01755.052.66$18,646
Aug 201907,38953.112.30$17,027
Jul 20191966,71356.272.46$27,543
Jun 201907,21052.782.49$17,962
May 20191957,45358.482.74$31,827
Apr 20191997,50062.632.75$33,094
Mar 20193657,75456.803.06$44,476
Feb 201907,22150.852.79$20,163
Jan 20191927,95446.033.23$34,515
Dec 20181928,17946.594.19$43,178
Nov 20181658,20552.934.24$43,500
Oct 20182008,93261.443.40$42,640
Sep 201808,81359.543.11$27,391
Aug 20183679,22259.403.07$50,080
Jul 20181828,85765.142.93$37,823
Jun 20181899,45960.183.08$40,479
May 2018010,02365.382.90$29,075
Apr 20181829,92663.842.90$40,412
Mar 201838610,64661.222.79$53,300
Feb 20181899,79661.782.77$38,773
Jan 201819211,25562.874.01$57,196
Dec 201718011,34757.272.92$43,459
Nov 201719411,31555.423.12$46,036
Oct 201738712,05549.292.98$55,043
Sep 201717812,15047.523.09$45,969
Aug 201738312,80845.373.00$55,857
Jul 201718712,60343.873.09$47,113
Jun 201719510,53842.493.09$40,819
May 201718811,80245.373.26$47,044
Apr 201719111,82047.933.21$47,116
Mar 201737812,84846.772.98$56,013
Feb 201718711,92550.452.95$44,644
Jan 201737513,46149.413.42$64,549
Dec 201619813,98348.763.72$61,711
Nov 201642413,99942.492.64$55,034
Oct 201639214,92046.193.09$64,213
Sep 201640314,86841.553.10$62,845
Aug 201657916,05341.442.92$70,938
Jul 201639416,71341.622.92$65,273
Jun 201639216,96745.352.69$63,348
May 201692918,10942.521.99$75,557
Apr 201620718,21836.561.99$43,841
Mar 201655619,65733.011.79$53,618
Feb 201656819,15626.472.06$54,566
Jan 201677121,20627.352.36$71,225
Dec 201595621,96432.362.00$74,895
Nov 201576322,39338.792.17$78,130
Oct 201594824,47943.552.43$100,686
Sep 201594325,28542.992.76$110,286
Aug 20151,33526,42640.162.87$129,522
Jul 20151,14129,39548.152.95$141,510
Jun 20151,47928,65856.152.88$165,663
May 20151,51630,79455.212.96$174,708
Apr 20152,03331,12749.822.71$185,531
Mar 20152,87433,48442.892.93$221,532
Feb 20152,78632,53744.662.98$221,259
Jan 20153,08726,05143.433.10$214,843

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                3,960 Mcf  × $  3.05 =    $12,062

────────────────────────────────────────────────────
Month total                                  $12,062

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. 10/G/276574 is the state's own key, not one this site invented.