KEERAN RANCH

Operated by REMORA MANAGEMENT, LLC (P-5 701560) in the KEERAN (6400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156171District 02Field 48452646CondensateGasSaveExport
Value, all time
$1.5 M
Sep 1995 – May 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
261
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1959-12-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 06/01/97.

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
CondensateDisposition7,453 bbl$168,828
GasProduction1,044,854 Mcf$1,362,174
Total$1,531,002

538,473 Mcf of this lease's gas, across 15 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 28.7513, -96.7487. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.75132, -96.74869 · 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
0.0%
0 of 1 wells
Median depth
7,061 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,061 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-4693309727,061 ftMay 2017Yes

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 (261)

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

261 months

May 20170045.373.26$0
Apr 20170047.933.21$0
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 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
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 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003061330.266.30$3,863
Nov 200311577928.804.60$6,892
Oct 2003991,03828.174.76$7,729
Sep 20031041,51826.314.75$9,946
Aug 2003771,67229.765.13$10,868
Jul 2003491,36529.415.17$8,499
Jun 2003581,78828.565.98$12,354
May 200302,39226.595.97$14,287
Apr 2003066526.675.41$3,596
Mar 2003074731.146.10$4,554
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200101225.524.31$52
Apr 200115124.685.34$297
Mar 2001218624.545.38$1,049
Feb 2001121,44527.755.77$8,666
Jan 2001462,72227.478.40$24,125
Dec 20001411,99126.889.12$21,953
Nov 2000175032.215.66$5,637
Oct 200018624131.235.15$7,049
Sep 20002002,24431.875.19$18,013
Aug 2000432,69329.644.54$13,503
Jul 2000688,08728.534.09$35,014
Jun 20008310,12229.304.40$46,941
May 200013714,02327.263.68$55,336
Apr 200015712,79524.513.12$43,717
Mar 20002238,76828.422.86$31,412
Feb 20002788,14827.622.73$29,894
Jan 20004519,56725.272.48$35,128
Dec 19997468,51824.282.42$38,758
Nov 19999095,24323.192.43$33,841
Oct 199981,29520.982.80$3,799
Sep 199932021.752.62$696
Aug 199922977119.262.88$6,628
Jul 1999012,42917.892.37$29,486
Jun 1999017,58815.942.36$41,545
May 1999017,41015.792.32$40,409
Apr 1999018,74515.102.21$41,390
Mar 1999017,72912.471.84$32,592
Feb 199903,1329.981.82$5,693
Jan 199902,48010.381.90$4,712
Dec 199805,9109.201.77$10,480
Nov 199808,56110.892.19$18,712
Oct 1998013,76312.421.97$27,102
Sep 199805,17812.592.08$10,784
Aug 199804,46311.301.91$8,513
Jul 1998012,16611.742.24$27,219
Jun 1998016,32011.242.24$36,512
May 1998016,58512.622.21$36,592
Apr 1998016,51513.042.51$41,376
Mar 1998019,52912.802.31$45,101
Feb 1998020,87013.952.30$47,983
Jan 1998022,22614.702.15$47,892
Dec 1997021,35616.322.41$51,491
Nov 1997019,61718.193.09$60,582
Oct 1997021,09019.253.15$66,430
Sep 1997020,33817.742.95$60,096
Aug 199702,95817.862.55$7,557
Jul 199705,88417.582.25$13,221
Jun 199705,83517.242.26$13,171
May 199707,49018.972.31$17,291
Apr 199705,37417.882.08$11,193
Mar 1997012,33118.951.94$23,912
Feb 1997011,02820.492.21$24,327
Jan 199709,98223.483.54$35,333
Dec 1996012,57123.32$0
Nov 1996011,54721.97$0
Oct 1996025,23923.31$0
Sep 1996013,08622.22$0
Aug 1996015,57120.26$0
Jul 1996013,16519.55$0
Jun 1996023,67218.73$0
May 1996024,57919.43$0
Apr 19963235,87021.51$688
Mar 199647549,95119.38$9,206
Feb 199644659,98116.98$7,573
Jan 199650150,47317.07$8,552
Dec 199534174,75817.19$5,862
Nov 199579778,42816.00$12,752
Oct 199523249,58215.43$3,580
Sep 19950016.18$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.

Dec 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.26 =         $0
Gas                  613 Mcf  × $  6.30 =     $3,863

────────────────────────────────────────────────────
Month total                                   $3,863

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/156171 is the state's own key, not one this site invented.