KEACH-HALEPESKA (SA) D2

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 296201District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.2 M
Nov 2022 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
43
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

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
ST-1112024-05-28234380

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
CondensateDisposition147,743 bbl$11,045,652
GasProduction3,526,917 Mcf$11,154,062
Total$22,199,714

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 28.9354, -97.6231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.93544, -97.62314 · 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
14,057 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 14,057 ft.

Completions filed
Jul 2023
1 of 1 wells

1 well

42-12335179D 2H14,057 ftJul 2023

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 (43)

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

43 months

May 202686522,934106.413.05$161,898
Apr 202684920,78198.932.87$143,627
Mar 20261,07926,15889.753.15$179,223
Feb 20261,05927,12963.503.75$168,989
Jan 20264,20514,64759.138.00$365,787
Dec 20251,21126,38556.664.41$185,062
Nov 202599027,77458.593.93$167,057
Oct 20251,34130,11459.383.30$179,151
Sep 20251,24030,53862.743.08$171,761
Aug 20251,30732,84863.933.01$182,585
Jul 20251,28732,19666.743.32$192,631
Jun 20251,28132,16466.483.13$185,793
May 20251,33433,05560.553.23$187,618
Apr 20251,20433,68662.363.54$194,435
Mar 20251,60138,36167.704.27$272,125
Feb 20251,39136,53470.884.34$257,182
Jan 20251,66842,18074.324.28$304,440
Dec 20241,64143,79568.993.12$249,913
Nov 20241,47845,01469.052.20$201,016
Oct 20241,56550,09171.372.28$225,972
Sep 20241,33043,37169.612.36$195,126
Aug 20241,76250,14075.632.06$236,730
Jul 20241,90854,54479.932.15$269,590
Jun 20241,78755,98378.082.63$286,987
May 20242,20759,11178.812.20$303,886
Apr 20241,82457,39484.451.66$249,265
Mar 20242,42762,95880.301.55$292,166
Feb 20242,10062,38276.091.78$271,056
Jan 20243,01877,65673.023.30$476,457
Dec 20232,91781,10971.262.61$419,618
Nov 20234,149101,72777.892.81$608,770
Oct 20233,41794,34185.443.09$583,206
Sep 20232,955100,81289.042.74$538,838
Aug 20234,93493,43980.522.67$647,037
Jul 20234,232143,20474.852.64$695,082
Jun 20236,427205,89168.962.26$908,207
May 20239,133217,78070.622.23$1,130,056
Apr 20235,747135,24178.122.24$751,593
Mar 20236,298132,47672.852.39$775,846
Feb 202310,291179,09275.112.47$1,214,541
Jan 202318,757398,43876.533.39$2,785,270
Dec 202217,549385,07776.415.73$3,547,056
Nov 20223,97888,36785.005.65$837,068

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.

May 2026 — as filed, then multipliedworked
Condensate           865 bbl  × $106.41 =    $92,045
Gas               22,934 Mcf  × $  3.05 =    $69,853

────────────────────────────────────────────────────
Month total                                 $161,898

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/296201 is the state's own key, not one this site invented.