KELLY GAS UNIT

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the THEIS, SOUTH(SLICK FIRST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225891District 02Field 89275400CondensateGasSaveExport
Value, all time
$8.5 M
Jan 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
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 9 wells, and the rule below applies to all of them.

Discovered
1976-02-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 07/01/2006.

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
CondensateDisposition23,467 bbl$1,826,874
GasProduction1,119,844 Mcf$6,640,220
Total$8,467,094

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 28.4512, -97.8603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45124, -97.86030 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,001 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
00.0%
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.
1100.0%

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 10,001 ft.

Completions filed
Jan 2007
1 of 1 wells

1 well

42-02533428110,001 ftJan 2007

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 (233)

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

233 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
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 20190062.632.75$0
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 201891061.782.77$5,622
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 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 201601,72042.492.64$4,548
Oct 201602,99146.193.09$9,243
Sep 201602,47741.553.10$7,680
Aug 20161743,64641.442.92$17,873
Jul 201602,32141.622.92$6,787
Jun 201602,47345.352.69$6,642
May 20161782,47242.521.99$12,490
Apr 201602,20736.561.99$4,394
Mar 201602,40733.011.79$4,318
Feb 201602,04426.472.06$4,218
Jan 20161771,94327.352.36$9,435
Dec 201502,15132.362.00$4,305
Nov 201502,32938.792.17$5,048
Oct 20151753,04143.552.43$15,000
Sep 201502,58942.992.76$7,142
Aug 201503,50640.162.87$10,071
Jul 20151743,28548.152.95$18,053
Jun 201503,85056.152.88$11,099
May 20151533,60255.212.96$19,093
Apr 201503,89749.822.71$10,548
Mar 20151753,36742.892.93$17,387
Feb 201502,49644.662.98$7,429
Jan 20151774,40543.433.10$21,345
Dec 201403,45154.693.59$12,394
Nov 20141814,07670.464.25$30,084
Oct 201403,93178.303.90$15,335
Sep 201405,33086.164.05$21,562
Aug 20141774,30689.394.04$33,197
Jul 201404,14296.564.18$17,312
Jun 20141674,93698.164.74$39,774
May 20141765,50194.734.73$42,673
Apr 201404,96595.944.81$23,877
Mar 20141795,06995.895.06$42,797
Feb 201405,04797.406.19$31,251
Jan 20141775,17890.404.86$41,170
Dec 201306,06991.824.35$26,427
Nov 20131785,44888.853.74$36,181
Oct 201305,88997.423.78$22,257
Sep 20131762,950104.113.72$29,291
Aug 201303,055104.253.52$10,762
Jul 2013178365102.523.72$19,606
Jun 20130094.403.93$0
May 201306,67494.834.15$27,691
Apr 20131806,62093.964.28$45,264
Mar 201306,54493.623.91$25,606
Feb 20131634,90291.233.42$31,635
Jan 20131746,36991.603.42$37,720
Dec 201206,27186.773.42$21,448
Nov 20121755,88586.953.62$36,549
Oct 201207,18989.383.40$24,440
Sep 20121777,01594.672.92$37,229
Aug 201208,31192.662.91$24,170
Jul 20121796,82385.133.02$35,849
Jun 201202,66679.822.52$6,716
May 20121684,21591.612.49$25,879
Apr 201206,430101.652.00$12,839
Mar 20121736,134105.052.22$31,804
Feb 20121825,450101.102.57$32,408
Jan 20121736,71098.092.73$35,315
Dec 201105,83696.873.24$18,907
Nov 20111786,62395.723.31$38,969
Oct 20111778,16884.983.65$44,843
Sep 201107,36683.623.99$29,359
Aug 20111765,20083.404.15$36,255
Jul 20111767,33394.144.52$49,694
Jun 201107,15692.904.64$33,203
May 20111787,46298.134.40$50,336
Apr 20111787,589105.964.33$51,746
Mar 20111798,19396.364.06$50,490
Feb 20111796,14985.644.18$41,032
Jan 20111798,32586.504.59$53,685
Dec 20103628,43585.734.35$67,708
Nov 201007,91780.843.80$30,048
Oct 20103547,67978.103.51$54,592
Sep 201006,58472.633.98$26,201
Aug 20101756,90773.684.42$43,419
Jul 20101758,10972.554.74$51,104
Jun 20101807,62070.364.91$50,082
May 201007,71371.124.24$32,666
Apr 20101807,68981.694.12$46,404
Mar 20101768,30678.394.39$50,249
Feb 20103577,97073.585.44$69,644
Jan 201008,13174.365.96$48,494
Dec 20091827,88971.445.48$56,263
Nov 20093557,67074.593.75$55,253
Oct 200909,04472.544.11$37,173
Sep 20091756,01565.543.06$29,904
Aug 20091808,94267.423.22$40,915
Jul 20091799,91961.133.46$45,307
Jun 20091759,71166.163.90$49,402
May 200935110,17654.743.93$59,162
Apr 200917612,52046.773.59$53,147
Mar 200918213,34542.144.06$61,837
Feb 200935011,72432.814.63$65,801
Jan 200936513,94935.865.37$88,009
Dec 200818014,00937.105.98$90,412
Nov 200836114,12055.496.86$116,900
Oct 200835715,57775.246.92$134,684
Sep 200818214,650101.767.88$133,920
Aug 200835916,686114.228.48$182,553
Jul 200835918,528131.0811.39$258,081
Jun 200853416,694131.3313.03$287,697
May 200836117,731123.1711.57$249,688
Apr 200836219,490110.3110.45$243,697
Mar 200854219,152101.909.66$240,316
Feb 200854320,41392.538.77$229,278
Jan 200854526,54690.388.21$267,086
Dec 200754825,68188.337.30$235,927
Nov 200754627,02091.677.29$247,074
Oct 200771831,14582.856.92$275,071
Sep 200772032,56075.846.24$257,915
Aug 200771935,17369.066.39$274,337
Jul 200772135,39270.906.39$277,201
Jun 200790236,54662.007.55$331,790
May 200790541,58458.747.85$379,439
Apr 200790741,23459.617.81$375,906
Mar 20071,06046,49556.927.30$399,840
Feb 200703,76755.108.22$30,950
Jan 200701,15250.306.73$7,749

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.

Feb 2018 — as filed, then multipliedworked
Condensate            91 bbl  × $ 61.78 =     $5,622
Gas                    0 Mcf  × $  2.77 =         $0

────────────────────────────────────────────────────
Month total                                   $5,622

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/225891 is the state's own key, not one this site invented.