KING, GAIL
KING, GAIL is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 1,894,221 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 $288K, with roughly $44K 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 1,824 thousand cubic feet a month. Its strongest month on the record we hold was June 2023, at 4,604 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 KING, GAIL
- Who operates KING, GAIL?
- KING, GAIL is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is KING, GAIL?
- KING, GAIL is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 241359.
- Is KING, GAIL still producing?
- KING, GAIL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KING, GAIL is August 2026.
- How much has KING, GAIL produced?
- KING, GAIL has reported 1,894,221 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is KING, GAIL worth?
- The remaining production from KING, GAIL is estimated to be worth about $288K in total as of 26 August 2026, within a range of $239K to $337K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KING, GAIL is a fraction of it. The estimate fits an Arps decline curve to the production KING, GAIL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KING, GAIL is an estimate of value, not an offer and not an appraisal.
- How much income does KING, GAIL generate in a year?
- KING, GAIL is forecast to net about $44K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KING, GAIL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Bear Grass (Cotton Valley Cons) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 241359 |
| Wellbores | 1 |
| Reported production | 1,894,221 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $288K |
Where KING, GAIL 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.