KEERAN RANCH

Operated by REMORA MANAGEMENT, LLC (P-5 701560) in the KEERAN (6200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202837District 02Field 48452570CondensateGasSaveExport
Value, all time
$1.4 M
Jul 2000 – Nov 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
161
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1964-06-10
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 01/01/2009.

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
CondensateDisposition423 bbl$10,501
GasProduction261,996 Mcf$1,432,968
Total$1,443,469

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 28.7535, -96.7449. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.75353, -96.74491 · 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
7,110 ft
1 wells filed one
Completion to plug
7.2 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 7,110 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Nov 2013
1 of 1 wells

Last completion to plug: a median of 7.2 years across the 1 well that filed both dates, with the middle half between 7.2 years and 7.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46933178A 47,110 ftSep 2006Nov 2013Yes

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 (161)

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

161 months

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 20061160.085.04$65
Aug 2006417368.717.34$1,545
Jul 2006324369.376.34$1,749
Jun 2006040866.286.38$2,605
May 2006039466.016.42$2,531
Apr 2006039464.397.36$2,900
Mar 2006069756.707.08$4,937
Feb 2006051457.597.75$3,984
Jan 200607560.598.93$670
Dec 200502854.9413.42$376
Nov 2005044854.6910.59$4,744
Oct 2005049458.3413.80$6,815
Sep 200501,80761.4512.08$21,827
Aug 200501,80761.519.80$17,703
Jul 200501,23655.697.84$9,695
Jun 200501,14252.337.38$8,429
May 200501,08045.226.65$7,183
Apr 200501,09249.207.36$8,038
Mar 200501,46350.377.15$10,468
Feb 200501,58345.226.31$9,992
Jan 200502,14043.166.32$13,530
Dec 200404,85139.866.75$32,749
Nov 200402,75245.286.33$17,421
Oct 200405,45949.706.52$35,566
Sep 200404,86343.245.28$25,696
Aug 200407,36042.375.55$40,853
Jul 200403,24138.286.08$19,719
Jun 200406,35436.106.43$40,875
May 2004010,24937.486.49$66,563
Apr 2004042334.475.86$2,478
Mar 2004031334.365.53$1,731
Feb 200401,59132.455.51$8,766
Jan 200402,32432.036.30$14,640
Dec 200302,00230.266.30$12,616
Nov 200302,54328.804.60$11,685
Oct 200305,89428.174.76$28,053
Sep 200306,69026.314.75$31,773
Aug 200306,65929.765.13$34,159
Jul 200305,43629.415.17$28,109
Jun 200307,11728.565.98$42,581
May 200306,15126.595.97$36,738
Apr 200305,85026.675.41$31,633
Mar 200306,57331.146.10$40,069
Feb 200301,35833.487.93$10,763
Jan 200302,55530.315.58$14,262
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200222,69725.963.16$8,586
Jul 200213024.583.06$320
Jun 20028221023.733.34$2,647
May 20021192,37724.663.58$11,454
Apr 20021993,38723.653.51$16,603
Mar 200205,51722.003.10$17,118
Feb 2002043018.222.38$1,022
Jan 200201,13117.172.38$2,687
Dec 200102,14216.932.36$5,065
Nov 200102,48318.072.41$5,973
Oct 200102,72319.782.53$6,886
Sep 200101,67924.262.25$3,780
Aug 200101,92024.873.05$5,862
Jul 20010023.933.20$0
Jun 200102,26324.563.82$8,654
May 200101,07725.524.31$4,639
Apr 200102,35224.685.34$12,549
Mar 200103,17224.545.38$17,054
Feb 200105,09727.755.77$29,395
Jan 20010027.478.40$0
Dec 200009,33926.889.12$85,195
Nov 2000019,21332.215.66$108,707
Oct 2000016,88331.235.15$86,871
Sep 2000017,15131.875.19$88,954
Aug 2000021,08429.644.54$95,737
Jul 2000011,84228.534.09$48,431

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.

Sep 2006 — as filed, then multipliedworked
Condensate             1 bbl  × $ 60.08 =        $60
Gas                    1 Mcf  × $  5.04 =         $5

────────────────────────────────────────────────────
Month total                                      $65

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/202837 is the state's own key, not one this site invented.