KEYSTONE (CONSOLIDATED), 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
32
with a page here
Operators
7
Value, all time
$597.4 M
84% of the register's 38
Discovered
2015-08-25
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 32 leases in this field that have a page here — 84% of the register's 38 — 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
Oil3751461,007,773 bbl3,200,691 mcfcasinghead7,681,807 bblsince discovery
Gas6112,493 mcf2,425 bblcondensate579,243 mcfsince 1970

The discovery well's oil measured 50.0° API gravity, perforated at 6,714 ft.

Spacing rule

What the Commission requires of a well on this field.

WellsRuleEffectiveFrom the lease lineBetween wellsAcres per unitMax diagonal
OilB2015-08-25330 ft0 ft400 ft
OilO2015-08-25330 ft0 ft1099,999 ft
GasB2016-01-01330 ft0 ft400 ft
GasO2016-01-01330 ft0 ft1099,999 ft

Commission remarks: RULE.

County

Leases in this field

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

LeaseOperatorValue
CAMPBELL, SETHHILCORP ENERGY COMPANY$190.4 M
KEYSTONE HOLT UNITBASIN OIL & GAS OPERATING, LLC$158.2 M
BAIRD, W. E.BASIN OIL & GAS OPERATING, LLC$104.3 M
BASHARA-PROTHROFORMENTERA OPERATIONS LLC$22.8 M
EAST KEYSTONE (SAN A HOLT UNIT)FORMENTERA OPERATIONS LLC$15.2 M
KEYSTONE HOLT UNITBASIN OIL & GAS OPERATING, LLC$12.0 M
KEYSTONE HOLT UNITBASIN OIL & GAS OPERATING, LLC$11.1 M
LOVETT-SINCLAIRBASIN OIL & GAS OPERATING, LLC$10.0 M
KEYSTONE HOLT UNITBASIN OIL & GAS OPERATING, LLC$9.4 M
BASHARA, M.J. UNITFORMENTERA OPERATIONS LLC$8.6 M
LOVETT-SINCLAIRBASIN OIL & GAS OPERATING, LLC$6.4 M
STATE-WALTON 'E'FORMENTERA OPERATIONS LLC$6.3 M
KEYSTONE HOLT UNITBASIN OIL & GAS OPERATING, LLC$5.8 M
SETH CAMPBELL ESTATEHILCORP ENERGY COMPANY$5.5 M
LOVETT, H. E.BASIN OIL & GAS OPERATING, LLC$4.4 M
P'POOLHILCORP ENERGY COMPANY$4.0 M
ZACHARY ESTATEMAS OPERATING CO.$3.8 M
CAMPBELL, GRANTBASIN OIL & GAS OPERATING, LLC$2.9 M
SETH CAMPBELL AHILCORP ENERGY COMPANY$2.4 M
STATE-WALTON 'E'FORMENTERA OPERATIONS LLC$2.4 M
JAKEMAS OPERATING CO.$2.2 M
STATE-WALTONBASIN OIL & GAS OPERATING, LLC$2.2 M
BASHARA, J. M.FORMENTERA OPERATIONS LLC$1.7 M
KEYSTONE HOLT UNITBASIN OIL & GAS OPERATING, LLC$1.5 M
BASHARA-PROTHROBASIN OIL & GAS OPERATING, LLC$1.4 M
LOVETT, H. E.BASIN OIL & GAS OPERATING, LLC$1.2 M
BAIRD, W. E.HILCORP ENERGY COMPANY$1.2 M
KEYSTONE CATTLE CO.MINERAL TECHNOLOGIES, INC.$98 k
KEYSTONE CATTLE CO.FORMENTERA OPERATIONS LLC$90 k
LOVETT, H. E.SADDLEBACK EXPLORATION, LLC$4 k
ERNESTWALLACE OPERATING COMPANY LLC$4 k
BASHARA, M. J.FORMENTERA OPERATIONS LLC$67

Field number 49129150, from the Railroad Commission's field register. The register's own index resolves 38 leases and 425 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.