KEERAN RANCH

Name: KEERAN RANCH lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KLOTZMAN, M. S. EXPLORATION CO. (P-5 470566) in the KENTUCKY MOTT (5880 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2236District 02Field 48996333OilCasinghead gasSave

Value, all time

$1.1 M

Jan 1993 – Mar 2005

Value, last 12 filed months

at the published price for each month

Months reported

147

no gaps in the span

Streams

oil, casinghead gas

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.

Stream	Basis	Volume	Value
Oil	Disposition	61,531 bbl	$1,064,805
Casinghead gas	Production	42,598 Mcf	$33,681
Total			$1,098,486

28,579 Mcf of this lease's gas, across 48 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 (2)

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 28.7360, -96.6961. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.73605, -96.69606 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

7,583 ft

2 wells filed one

Completion to plug

18.9 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 6,315 and 8,850 ft, median 7,583 ft, over the 2 wells that filed a depth.

Completions filed

Mar 2004 – Oct 2004

2 of 2 wells

Plug dates filed

May 2023

2 of 2 wells

Last completion to plug: a median of 18.9 years across the 2 wells that filed both dates, with the middle half between 18.8 years and 19.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-46902920	2	6,315 ft	Oct 2004	May 2023	Yes
42-46902911	1	8,850 ft	Mar 2004	May 2023	Yes

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 (147)

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

147 months


Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	119	0	23.65	3.51	$2,814
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	1,333	16.93	2.36	$3,152
Nov 2001	22	323	18.07	2.41	$1,175
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	339	0	24.87	3.05	$8,431
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	178	0	24.54	5.38	$4,368
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	354	0	27.47	8.40	$9,724
Dec 2000	360	0	26.88	9.12	$9,677
Nov 2000	358	0	32.21	5.66	$11,531
Oct 2000	355	0	31.23	5.15	$11,087
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	334	0	29.64	4.54	$9,900
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	339	0	29.30	4.40	$9,933
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	338	111	28.42	2.86	$9,923
Feb 2000	343	382	27.62	2.73	$10,515
Jan 2000	721	358	25.27	2.48	$19,108
Dec 1999	333	492	24.28	2.42	$9,278
Nov 1999	332	328	23.19	2.43	$8,497
Oct 1999	705	439	20.98	2.80	$16,022
Sep 1999	337	234	21.75	2.62	$7,943
Aug 1999	711	382	19.26	2.88	$14,792
Jul 1999	666	330	17.89	2.37	$12,698
Jun 1999	352	105	15.94	2.36	$5,859
May 1999	714	262	15.79	2.32	$11,882
Apr 1999	334	196	15.10	2.21	$5,476
Mar 1999	354	595	12.47	1.84	$5,508
Feb 1999	717	244	9.98	1.82	$7,599
Jan 1999	8	0	10.38	1.90	$83
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	358	18	10.89	2.19	$3,938
Oct 1998	713	526	12.42	1.97	$9,891
Sep 1998	362	251	12.59	2.08	$5,080
Aug 1998	353	271	11.30	1.91	$4,506
Jul 1998	361	187	11.74	2.24	$4,657
Jun 1998	363	354	11.24	2.24	$4,872
May 1998	722	456	12.62	2.21	$10,118
Apr 1998	727	629	13.04	2.51	$11,056
Mar 1998	367	410	12.80	2.31	$5,644
Feb 1998	541	303	13.95	2.30	$8,244
Jan 1998	901	386	14.70	2.15	$14,076
Dec 1997	357	351	16.32	2.41	$6,673
Nov 1997	715	428	18.19	3.09	$14,328
Oct 1997	715	393	19.25	3.15	$15,002
Sep 1997	356	382	17.74	2.95	$7,444
Aug 1997	705	372	17.86	2.55	$13,542
Jul 1997	538	302	17.58	2.25	$10,137
Jun 1997	708	272	17.24	2.26	$12,820
May 1997	719	432	18.97	2.31	$14,637
Apr 1997	722	381	17.88	2.08	$13,703
Mar 1997	719	390	18.95	1.94	$14,381
Feb 1997	545	149	20.49	2.21	$11,496
Jan 1997	363	262	23.48	3.54	$9,451
Dec 1996	10	22	23.32	—	$233
Nov 1996	362	55	21.97	—	$7,953
Oct 1996	718	145	23.31	—	$16,737
Sep 1996	720	422	22.22	—	$15,998
Aug 1996	714	518	20.26	—	$14,466
Jul 1996	891	657	19.55	—	$17,419
Jun 1996	714	559	18.73	—	$13,373
May 1996	716	559	19.43	—	$13,912
Apr 1996	717	720	21.51	—	$15,423
Mar 1996	1,078	647	19.38	—	$20,892
Feb 1996	722	462	16.98	—	$12,260
Jan 1996	719	514	17.07	—	$12,273
Dec 1995	903	913	17.19	—	$15,523
Nov 1995	1,064	909	16.00	—	$17,024
Oct 1995	717	651	15.43	—	$11,063
Sep 1995	1,088	803	16.18	—	$17,604
Aug 1995	546	813	15.92	—	$8,692
Jul 1995	350	251	15.24	—	$5,334
Jun 1995	900	709	16.41	—	$14,769
May 1995	355	378	17.56	—	$6,234
Apr 1995	359	453	17.73	—	$6,365
Mar 1995	717	275	16.44	—	$11,787
Feb 1995	718	400	16.58	—	$11,904
Jan 1995	716	707	15.92	—	$11,399
Dec 1994	1,073	519	15.03	—	$16,127
Nov 1994	719	1,123	15.90	—	$11,432
Oct 1994	1,075	808	15.58	—	$16,749
Sep 1994	712	769	15.29	—	$10,886
Aug 1994	1,067	963	16.13	—	$17,211
Jul 1994	708	782	17.56	—	$12,432
Jun 1994	711	565	17.09	—	$12,151
May 1994	1,075	999	15.88	—	$17,071
Apr 1994	713	289	14.14	—	$10,082
Mar 1994	1,083	305	12.46	—	$13,494
Feb 1994	1,078	858	12.50	—	$13,475
Jan 1994	723	967	12.66	—	$9,153
Dec 1993	1,440	886	12.33	—	$17,755
Nov 1993	1,076	665	14.49	—	$15,591
Oct 1993	1,067	665	15.85	—	$16,912
Sep 1993	888	1,019	15.03	—	$13,347
Aug 1993	1,058	870	15.66	—	$16,568
Jul 1993	355	155	15.46	—	$5,488
Jun 1993	1,072	627	16.79	—	$17,999
May 1993	717	627	17.68	—	$12,677
Apr 1993	1,077	394	18.05	—	$19,440
Mar 1993	1,437	394	18.14	—	$26,067
Feb 1993	716	394	17.90	—	$12,816
Jan 1993	724	394	16.93	—	$12,257

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.

Apr 2002 — as filed, then multipliedworked

Oil                  119 bbl  × $ 23.65 =     $2,814
Casinghead gas         0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                   $2,814

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/O/2236 is the state's own key, not one this site invented.