GAIL KING
GAIL KING is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Hilcorp Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2026 to August 2026, totalling 33,643 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $3.3M, with roughly $422K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 16,822 thousand cubic feet a month. Its strongest month on the record we hold was April 2026, at 30,260 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about GAIL KING
- Who operates GAIL KING?
- GAIL KING is operated by Hilcorp Energy Company, Railroad Commission of Texas operator number 386310.
- Where is GAIL KING?
- GAIL KING is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 301578.
- Is GAIL KING still producing?
- GAIL KING is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAIL KING is August 2026.
- How much has GAIL KING produced?
- GAIL KING has reported 33,643 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2026 and August 2026, from 1 wellbore.
- How much is GAIL KING worth?
- The remaining production from GAIL KING is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.7M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAIL KING is a fraction of it. The estimate fits an Arps decline curve to the production GAIL KING has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAIL KING is an estimate of value, not an offer and not an appraisal.
- How much income does GAIL KING generate in a year?
- GAIL KING is forecast to net about $422K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GAIL KING receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hilcorp Energy Company |
|---|---|
| Field | Bear Grass (Travis Peak) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 301578 |
| Wellbores | 1 |
| Reported production | 33,643 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where GAIL KING sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.