KEERAN RANCH

Operated by GBS OIL & GAS, LLC (P-5 298357) in the H. C. KOONTZ (5460) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 133303District 02Field 37587450NGPA filingCondensateGasSaveExport
Value, all time
$391 k
Jan 1993 – Jul 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
379
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1990-01-11
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
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
CondensateDisposition242 bbl$7,952
GasProduction157,956 Mcf$382,610
Total$390,561

47,996 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.7323, -96.6942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.73230, -96.69420 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,830 ft
1 wells filed one
Completion to plug
33.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,830 ft.

Completions filed
Jan 1990
1 of 1 wells
Plug dates filed
Jun 2023
1 of 1 wells

Last completion to plug: a median of 33.4 years across the 1 well that filed both dates, with the middle half between 33.4 years and 33.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4690293118,830 ftJan 1990Jun 2023Yes

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 (379)

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

379 months

Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201945062.632.75$2,818
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201701745.373.26$55
Apr 201703347.933.21$106
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016011546.193.09$355
Sep 2016011641.553.10$360
Aug 2016010941.442.92$319
Jul 2016011341.622.92$330
Jun 2016011145.352.69$298
May 2016010942.521.99$217
Apr 2016011436.561.99$227
Mar 20160033.011.79$0
Feb 2016010526.472.06$217
Jan 2016011027.352.36$260
Dec 2015010732.362.00$214
Nov 2015010538.792.17$228
Oct 2015010943.552.43$265
Sep 2015011442.992.76$314
Aug 2015011140.162.87$319
Jul 2015010548.152.95$309
Jun 2015011156.152.88$320
May 2015011455.212.96$337
Apr 2015011949.822.71$322
Mar 2015011442.892.93$335
Feb 2015011444.662.98$339
Jan 2015011143.433.10$344
Dec 2014010754.693.59$384
Nov 2014010670.464.25$451
Oct 2014010878.303.90$421
Sep 2014010486.164.05$421
Aug 2014011189.394.04$448
Jul 2014010596.564.18$439
Jun 2014010598.164.74$497
May 2014010594.734.73$496
Apr 2014011495.944.81$548
Mar 2014010695.895.06$536
Feb 2014010397.406.19$638
Jan 2014011490.404.86$554
Dec 2013011391.824.35$492
Nov 2013010588.853.74$393
Oct 2013011097.423.78$416
Sep 20130108104.113.72$402
Aug 20130117104.253.52$412
Jul 20130121102.523.72$450
Jun 2013011994.403.93$468
May 2013013994.834.15$577
Apr 2013011993.964.28$510
Mar 2013021193.623.91$826
Feb 2013027591.233.42$940
Jan 2013015991.603.42$544
Dec 2012017186.773.42$585
Nov 2012012886.953.62$464
Oct 2012027589.383.40$935
Sep 2012027994.672.92$814
Aug 2012032592.662.91$945
Jul 2012018285.133.02$550
Jun 2012018279.822.52$458
May 2012017591.612.49$435
Apr 20120198101.652.00$395
Mar 20120221105.052.22$491
Feb 20120191101.102.57$491
Jan 2012017298.092.73$470
Dec 2011015596.873.24$502
Nov 2011017095.723.31$563
Oct 2011014684.983.65$533
Sep 2011010583.623.99$419
Aug 2011011783.404.15$485
Jul 2011012194.144.52$547
Jun 2011011192.904.64$515
May 2011011498.134.40$502
Apr 20110199105.964.33$862
Mar 2011013796.364.06$556
Feb 2011010885.644.18$451
Jan 2011019686.504.59$899
Dec 2010019685.734.35$852
Nov 2010015180.843.80$573
Oct 2010020978.103.51$733
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090866.163.90$31
May 200902254.743.93$86
Apr 200901846.773.59$65
Mar 200901942.144.06$77
Feb 20090732.814.63$32
Jan 200902435.865.37$129
Dec 20080737.105.98$42
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200804101.767.88$32
Aug 200802114.228.48$17
Jul 2008022131.0811.39$251
Jun 2008012131.3313.03$156
May 2008026123.1711.57$301
Apr 2008055110.3110.45$575
Mar 2008025101.909.66$242
Feb 20080892.538.77$70
Jan 2008012990.388.21$1,059
Dec 200703988.337.30$285
Nov 200702391.677.29$168
Oct 200703782.856.92$256
Sep 200703875.846.24$237
Aug 200706369.066.39$402
Jul 200707470.906.39$473
Jun 2007012862.007.55$966
May 200702258.747.85$173
Apr 200704059.617.81$312
Mar 200703456.927.30$248
Feb 200705155.108.22$419
Jan 200706150.306.73$410
Dec 2006010056.656.92$692
Nov 200608654.207.62$655
Oct 2006012054.906.01$722
Sep 200605060.085.04$252
Aug 2006010468.717.34$763
Jul 200605469.376.34$343
Jun 200603366.286.38$211
May 200605566.016.42$353
Apr 200607164.397.36$523
Mar 200606656.707.08$467
Feb 200608357.597.75$643
Jan 200607260.598.93$643
Dec 200505554.9413.42$738
Nov 200503054.6910.59$318
Oct 200503258.3413.80$441
Sep 200507161.4512.08$858
Aug 200509061.519.80$882
Jul 200507355.697.84$573
Jun 200504952.337.38$362
May 200504445.226.65$293
Apr 200507749.207.36$567
Mar 200508350.377.15$594
Feb 200506545.226.31$410
Jan 2005014343.166.32$904
Dec 2004023039.866.75$1,553
Nov 200404445.286.33$279
Oct 20040049.706.52$0
Sep 2004042543.245.28$2,246
Aug 2004051742.375.55$2,870
Jul 20042557538.286.08$4,455
Jun 2004056136.106.43$3,609
May 2004056137.486.49$3,643
Apr 2004032734.475.86$1,916
Mar 2004050034.365.53$2,765
Feb 2004052832.455.51$2,909
Jan 2004051232.036.30$3,225
Dec 2003065130.266.30$4,102
Nov 2003051028.804.60$2,344
Oct 2003063528.174.76$3,022
Sep 200304026.314.75$190
Aug 200301529.765.13$77
Jul 2003020829.415.17$1,076
Jun 2003015428.565.98$921
May 2003017726.595.97$1,057
Apr 2003039626.675.41$2,141
Mar 2003024731.146.10$1,506
Feb 2003040833.487.93$3,234
Jan 2003032230.315.58$1,797
Dec 2002040826.914.85$1,980
Nov 20020024.664.14$0
Oct 2002032226.464.23$1,362
Sep 20020027.443.64$0
Aug 2002016925.963.16$535
Jul 2002014524.583.06$444
Jun 20020023.733.34$0
May 2002027024.663.58$968
Apr 200201,30123.653.51$4,570
Mar 200201,39222.003.10$4,319
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 200101,64116.932.36$3,880
Nov 2001099618.072.41$2,396
Oct 200101,61119.782.53$4,074
Sep 200101,33124.262.25$2,997
Aug 200101,09424.873.05$3,340
Jul 200101,67823.933.20$5,365
Jun 200101,50124.563.82$5,740
May 200101,11425.524.31$4,798
Apr 200101,16424.685.34$6,210
Mar 200101,50224.545.38$8,075
Feb 200101,26227.755.77$7,278
Jan 200101,43227.478.40$12,027
Dec 200001,75226.889.12$15,983
Nov 200001,50032.215.66$8,487
Oct 200002,09831.235.15$10,795
Sep 200001,56631.875.19$8,122
Aug 200001,27729.644.54$5,799
Jul 200001,47128.534.09$6,016
Jun 2000082429.304.40$3,623
May 2000057927.263.68$2,131
Apr 200001,34624.513.12$4,194
Mar 200001,15728.422.86$3,309
Feb 200001,06627.622.73$2,906
Jan 200001,06125.272.48$2,632
Dec 19991721,34824.282.42$7,443
Nov 199901,06323.192.43$2,587
Oct 199901,39920.982.80$3,922
Sep 199901,68221.752.62$4,405
Aug 199901,76619.262.88$5,078
Jul 199901,56717.892.37$3,718
Jun 1999060115.942.36$1,420
May 199901,68015.792.32$3,899
Apr 199901,86815.102.21$4,125
Mar 199901,28512.471.84$2,362
Feb 199901,2049.981.82$2,189
Jan 199901,69610.381.90$3,222
Dec 199806849.201.77$1,213
Nov 1998014310.892.19$313
Oct 199803,34212.421.97$6,581
Sep 199801,40012.592.08$2,916
Aug 199801,61111.301.91$3,073
Jul 199801,62611.742.24$3,638
Jun 199801,62311.242.24$3,631
May 199802,28912.622.21$5,050
Apr 199802,28613.042.51$5,727
Mar 199801,47912.802.31$3,416
Feb 199801,13013.952.30$2,598
Jan 199801,47814.702.15$3,185
Dec 199701,08816.322.41$2,623
Nov 1997096418.193.09$2,977
Oct 199701,39319.253.15$4,388
Sep 199701,04917.742.95$3,100
Aug 199701,44617.862.55$3,694
Jul 199701,76217.582.25$3,959
Jun 199701,36517.242.26$3,081
May 199701,64418.972.31$3,795
Apr 199701,52717.882.08$3,180
Mar 199701,61018.951.94$3,122
Feb 199701,01920.492.21$2,248
Jan 199701,46223.483.54$5,175
Dec 1996028923.32$0
Nov 1996087421.97$0
Oct 1996089223.31$0
Sep 199601,02722.22$0
Aug 199601,41520.26$0
Jul 199601,85719.55$0
Jun 199601,26018.73$0
May 199601,02219.43$0
Apr 199601,19521.51$0
Mar 1996066719.38$0
Feb 1996063516.98$0
Jan 1996058217.07$0
Dec 1995077917.19$0
Nov 1995083716.00$0
Oct 199501,04215.43$0
Sep 1995069416.18$0
Aug 1995091115.92$0
Jul 1995083015.24$0
Jun 1995095916.41$0
May 1995093817.56$0
Apr 199501,05217.73$0
Mar 1995075616.44$0
Feb 1995072116.58$0
Jan 1995092915.92$0
Dec 1994084215.03$0
Nov 199401,16315.90$0
Oct 1994076815.58$0
Sep 1994084515.29$0
Aug 1994070016.13$0
Jul 1994060217.56$0
Jun 1994067917.09$0
May 1994088015.88$0
Apr 1994047314.14$0
Mar 1994015112.46$0
Feb 199401,30912.50$0
Jan 199401,24912.66$0
Dec 1993075312.33$0
Nov 199301,31814.49$0
Oct 199301,53115.85$0
Sep 199301,34415.03$0
Aug 199301,15015.66$0
Jul 199301,20615.46$0
Jun 199301,11316.79$0
May 199301,47017.68$0
Apr 199301,82118.05$0
Mar 199301,54318.14$0
Feb 199301,40617.90$0
Jan 199301,51716.93$0

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.

Apr 2019 — as filed, then multipliedworked
Condensate            45 bbl  × $ 62.63 =     $2,818
Gas                    0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,818

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. 02/G/133303 is the state's own key, not one this site invented.