KEERAN

Operated by SUE-ANN OPERATING, L.C. (P-5 828352) in the KEERAN, EAST (5840) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255055District 02Field 48453200CondensateGasSaveExport
Value, all time
$823 k
Mar 2009 – Jun 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
52
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1980-07-29
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 EFF. 03-1-81 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition5,665 bbl$400,133
GasProduction103,198 Mcf$422,609
Total$822,742

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 28.7985, -96.7332. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79848, -96.73325 · 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
7,190 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 7,190 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-4693377837,190 ftMay 2012Yes

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 (52)

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

52 months

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 20111084.983.65$85
Sep 20113083.623.99$251
Aug 201110183.404.15$838
Jul 2011251,09494.144.52$7,295
Jun 2011331,24992.904.64$8,861
May 2011631,08798.134.40$10,970
Apr 201194893105.964.33$13,830
Mar 20111161,36996.364.06$16,732
Feb 20118163485.644.18$9,587
Jan 20111071,42386.504.59$15,785
Dec 20101011,35685.734.35$14,554
Nov 20101581,52880.843.80$18,572
Oct 20102002,04178.103.51$22,782
Sep 20102082,18872.633.98$23,814
Aug 20102202,68873.684.42$28,089
Jul 20102142,39772.554.74$26,879
Jun 20102152,70570.364.91$28,410
May 20102172,47771.124.24$25,924
Apr 20101972,53181.694.12$26,527
Mar 20102143,53478.394.39$32,285
Feb 20101712,34173.585.44$25,323
Jan 20101834,36374.365.96$39,629
Dec 20091795,22371.445.48$41,429
Nov 20092324,52174.593.75$34,265
Oct 20092616,15472.544.11$44,227
Sep 20093156,29365.543.06$39,932
Aug 20093606,47667.423.22$45,114
Jul 20093607,42561.133.46$47,731
Jun 20092947,86666.163.90$50,089
May 20093798,01654.743.93$52,215
Apr 20092687,93746.773.59$41,008
Mar 20091865,38842.144.06$29,708

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.

Oct 2011 — as filed, then multipliedworked
Condensate             1 bbl  × $ 84.98 =        $85
Gas                    0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                      $85

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/255055 is the state's own key, not one this site invented.