KEYSTONE (COLBY), District 08, Texas

A field is the Railroad Commission's unit of geology and of regulation. Its spacing rule is what decides how many wells an acreage can hold.

Leases
115
with a page here
Operators
31
Value, all time
$287.0 M
73% of the register's 157
Discovered
1939-12-31
Oil and gas

Our estimate: volumes the operator filed with the Commission, valued at the EIA first-purchase price for that month. It is not a payment anyone received, and it is not a royalty. It sums the 115 leases in this field that have a page here — 73% of the register's 157 — so it understates the field.

Production, 2025

The Railroad Commission's Oil and Gas Annual Report for 2025, its most recent. These are the state's figures for the whole field, not ours.

WellsIn the fieldProducingProduced in 2025Also producedCumulative
Oil24610946,265 bbl17,653 mcfcasinghead70,167,413 bblsince discovery
Gas112245 mcf0 bblcondensate5,060,304 mcfsince 1970

The discovery well's oil measured 37.0° API gravity, perforated at 3,300 ft.

Hydrogen sulphide

Spacing rule

What the Commission requires of a well on this field.

WellsRuleEffectiveFrom the lease lineBetween wellsAcres per unitMax diagonal
GasB330 ft880 ft200 ft
OilB330 ft880 ft201,500 ft

County

Leases in this field

Every lease here files this field's number with the Commission and has a page on this site.

LeaseOperatorValue
WALTON, J. B. A/C 2FORMENTERA OPERATIONS LLC$40.1 M
BAIRD, W. E.BASIN OIL & GAS OPERATING, LLC$16.3 M
STATE-WALTON A/C 2FORMENTERA OPERATIONS LLC$15.0 M
GULF-JENKINSHILCORP ENERGY COMPANY$13.6 M
UNDERWOODBASIN OIL & GAS OPERATING, LLC$10.3 M
BASHARA, M.J.HILCORP ENERGY COMPANY$9.2 M
KEYSTONE CATTLE COMPANYFORMENTERA OPERATIONS LLC$7.8 M
BASHARA -A-SAXET OIL CORPORATION$7.7 M
WALTON, JOHN B., -D-BCP RESOURCES, LLC$7.6 M
CAMPBELL -D-BELL ENERGY$7.2 M
JENKINS BEN ET AL -A-HILCORP ENERGY COMPANY$6.8 M
JENKINS, BEN ETAL -B-HILCORP ENERGY COMPANY$6.8 M
BASHARA, M. J. -D-HILCORP ENERGY COMPANY$6.8 M
SUN JENKINS -A-WALSH & WATTS, INC.$5.9 M
WALTON, J. B., TRACT -B-MAS OPERATING CO.$5.0 M
CAMPBELL, SETHHILCORP ENERGY COMPANY$4.5 M
SUN-WALTONSTOUT ENERGY INC.$4.4 M
MCCUTCHEN, W. A.BCP RESOURCES, LLC$4.4 M
PURE-WALTONHILCORP ENERGY COMPANY$4.3 M
BASHARA -D-SAXET OIL CORPORATION$4.2 M
BASHARA, J. M.FORMENTERA OPERATIONS LLC$4.2 M
WALTON, J. B. TRACT -A-MAS OPERATING CO.$4.1 M
WALTON, J. B.HILCORP ENERGY COMPANY$3.8 M
SUN JENKINS -B-BCP RESOURCES, LLC$3.8 M
WARD, J. C.A&M OIL & GAS LLC$3.6 M
BASHARA, M. J. -B-XTO ENERGY INC.$3.3 M
CONTINENTAL-JENKINSWALSH & WATTS, INC.$3.1 M
WALTON, J. B., -F-HILCORP ENERGY COMPANY$3.1 M
WALTON, J. B.HILCORP ENERGY COMPANY$2.9 M
BASHARA -E-SAXET OIL CORPORATION$2.9 M
WADDELLFORMENTERA OPERATIONS LLC$2.9 M
LOVETT, H. E.BASIN OIL & GAS OPERATING, LLC$2.8 M
PERKINS, J. J. -B- UPPERFORMENTERA OPERATIONS LLC$2.8 M
JENKINS, B. F.HILCORP ENERGY COMPANY$2.8 M
MCCUTCHENA&M OIL & GAS LLC$2.7 M
BASHARA -B-SAXET OIL CORPORATION$2.7 M
SCARBOROUGH,W.F."B"SEC.18TEAM OPERATING, L.L.C.$2.6 M
TIDAL -A- /SEC. 1/TEAM OPERATING, L.L.C.$2.5 M
SETH CAMPBELLHILCORP ENERGY COMPANY$2.3 M
CAMPBELL, SETH -D-JUNO OPERATING COMPANY III, LLC$2.0 M
KEYSTONE-JENKINSWALSH & WATTS, INC.$1.8 M
SUN JENKINS -C-BCP RESOURCES, LLC$1.8 M
BASHARA -C-SAXET OIL CORPORATION$1.7 M
MONTEX-WALTON -E-HILCORP ENERGY COMPANY$1.7 M
PERKINS, J. J. -A-HARD ROCK O&G$1.6 M
WALTON, J. B. -A-BOPCO, L.P.$1.3 M
JENKINS, BEN, ETALHILCORP ENERGY COMPANY$1.2 M
CAMPBELL, SETH -B-BASIN OIL & GAS OPERATING, LLC$1.2 M
ZACHARY, W. G.JUNO OPERATING COMPANY III, LLC$1.2 M
CRUM -B-HILCORP ENERGY COMPANY$1.2 M
BASHHILCORP ENERGY COMPANY$1.2 M
WALTON, J. B. A/C 2FORMENTERA OPERATIONS LLC$1.1 M
POGO WALTON FHILCORP ENERGY COMPANY$1.1 M
LOVETT, H. E. -C-WHITING OIL AND GAS CORPORATION$1.1 M
LOVETT, H. E. -A-WHITING OIL AND GAS CORPORATION$1.1 M
CRUM, M. E.HILCORP ENERGY COMPANY$1.1 M
KEYSTONE -16-MINERAL TECHNOLOGIES, INC.$1.1 M
LITTLE-JENKINSXTO ENERGY INC.$1.0 M
SUN-JENKINS -D-WALSH & WATTS, INC.$921 k
JENKINS, B. F.APV MCCAMEY LLC$809 k
CHARLESWORTHMINERAL TECHNOLOGIES, INC.$751 k
BAIRD, W. E.HILCORP ENERGY COMPANY$737 k
POGO WALTON CHILCORP ENERGY COMPANY$715 k
MCCUTCHEN, W. A. -KO-BCP RESOURCES, LLC$681 k
PPOOL, C. H.HARD ROCK O&G$676 k
KEYSTONE CATTLE CO.XTO ENERGY INC.$646 k
HUMBLE-WALTON -C-HILCORP ENERGY COMPANY$615 k
GULF SCARBOROUGH -B- /SEC. 1/SOUTHWEST ROYALTIES, INC.$569 k
JENKINS, B.F.-12FORMENTERA OPERATIONS LLC$558 k
FERNANDES RANCHQ NATURAL RESOURCES, LLC$554 k
LOVETT, H. E. -D-BCP RESOURCES, LLC$535 k
LOVETT, H. E. -B-BCP RESOURCES, LLC$510 k
CAMPBELL -C-KERMIT SWD, INC.$503 k
CRUMEARNEST PRODUCING CORPORATION$496 k
CAMPBELL -A-HILCORP ENERGY COMPANY$490 k
WALTON, J. B.GOLDEN, MARTY JOE$486 k
MCCUTCHEN -A-BCP RESOURCES, LLC$466 k
WALTON, J. B. -B-HILCORP ENERGY COMPANY$421 k
KEYSTONE CATTLE CO.MINERAL TECHNOLOGIES, INC.$318 k
WALTON, J. B.BEPCO, L.P.$314 k
BELL -A-ENDEAVOR ENERGY RESOURCES L.P.$292 k
PURE-WALTONHILCORP ENERGY COMPANY$210 k
KEYSTONE CATTLE COMPANY -A-GRUY PETROLEUM MANAGEMENT CO.$208 k
MCCUTCHEONG P II ENERGY, INC.$192 k
WALTONSTOUT ENERGY INC.$135 k
SCARBOROUGH-COSDEN /SEC. 1/SOUTHWEST ROYALTIES, INC.$125 k
POGO WALTON BHILCORP ENERGY COMPANY$122 k
POGO WALTON BXTO ENERGY INC.$86 k
LINEBERG, EVELYNSOUTHWEST ROYALTIES, INC.$86 k
GULF-JENKINSSTONEGATE OPERATORS, INC.$84 k
CROSS, MINNIESOUTHWEST ROYALTIES, INC.$76 k
CAMPBELL -A-KERMIT SWD, INC.$73 k
SHELL-LLANO -A-SOUTHWEST ROYALTIES, INC.$42 k
BASHHILCORP ENERGY COMPANY$40 k
BAIRD-AARRINGTON,DAVID H. OIL & GAS,INC$26 k
CONTINENTAL-WALTONBASS ENTERPRISES PRODUCTION CO.$26 k
BASHARA, M. J.ENDEAVOR ENERGY RESOURCES L.P.$20 k
LOVETT, H. E.-A-FINALY RESOURCES LLC$12 k
WALTON, J. B.HILCORP ENERGY COMPANY$6 k
WALTON, J. B.GOLDEN, MARTY JOE$6 k
WALTON, J. B.BASS ENTERPRISES PRODUCTION CO.$4 k
WALTON, J. B. "F"XTO ENERGY INC.$4 k
WALTON, J. B.BASS ENTERPRISES PRODUCTION CO.$4 k
WALTON, J. B.HILCORP ENERGY COMPANY$2 k
BASHARA, M.J.HILCORP ENERGY COMPANY$2 k
WALTON, J. B.BASS ENTERPRISES PRODUCTION CO.$2 k
PURE-WALTONBOPCO, L.P.$2 k
EVELYN LINEBERY "A"SOUTHWEST ROYALTIES, INC.$2 k
WALTON, J. B.HILCORP ENERGY COMPANY$970
SCARBOROUGH, W. F. A/C 7SOUTHWEST ROYALTIES, INC.$939
KEYSTONE CATTLE CO.BEPCO, L.P.$627
WALTON, J. B.HILCORP ENERGY COMPANY$540
POGO WALTON BHILCORP ENERGY COMPANY$225
PURE-WALTONBASS ENTERPRISES PRODUCTION CO.$16
PURE-WALTONBOPCO, L.P.

Field number 49129132, from the Railroad Commission's field register. The register's own index resolves 157 leases and 1,140 wells to this field by name, over every lease in Texas rather than only those with a page here. It resolves a lease by NAME and refuses an ambiguous one, so it counts nothing for a field that shares its name with another — which is why the lease count above comes from the field number instead.