KEERAN

Operated by UNIT PETROLEUM COMPANY (P-5 877099) in the AGULA CREEK (FRIO 8450) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8509District 02Field 00884200OilCasinghead gasSave
Value, all time
$13.8 M
Dec 1999 – Aug 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
237
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
OilDisposition331,077 bbl$11,674,048
Casinghead gasProduction443,752 Mcf$2,141,669
Total$13,815,717

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 28.7182, -96.6988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

28.71823, -96.69875 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,824 ft
2 wells filed one
Completion to plug
17.6 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 8,785 and 8,862 ft, median 8,824 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1999 – May 2000
2 of 2 wells
Plug dates filed
Sep 2017 – Oct 2017
2 of 2 wells

Last completion to plug: a median of 17.6 years across the 2 wells that filed both dates, with the middle half between 17.5 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4693347028,785 ftMay 2000Oct 2017Yes
42-4693344618,862 ftDec 1999Sep 2017Yes

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 (237)

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

237 months

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 20180061.782.77$0
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 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201534726240.162.87$14,688
Jul 201517379548.152.95$10,671
Jun 20150056.152.88$0
May 201517533155.212.96$10,640
Apr 201517759749.822.71$10,434
Mar 201517546242.892.93$8,862
Feb 201535060044.662.98$17,417
Jan 201535461243.433.10$17,272
Dec 201435481954.693.59$22,302
Nov 2014248870.464.25$2,216
Oct 20140078.303.90$0
Sep 201417226686.164.05$15,896
Aug 201417042089.394.04$16,891
Jul 201417456596.564.18$19,163
Jun 201431771898.164.74$34,518
May 201434775894.734.73$36,454
Apr 201416742095.944.81$18,042
Mar 201435340195.895.06$35,877
Feb 201417055297.406.19$19,976
Jan 201417331190.404.86$17,151
Dec 201334535491.824.35$33,219
Nov 201335434488.853.74$32,739
Oct 201316851797.423.78$18,320
Sep 2013351293104.113.72$37,632
Aug 2013172335104.253.52$19,111
Jul 2013343341102.523.72$36,432
Jun 201334031194.403.93$33,319
May 201335041694.834.15$34,917
Apr 201334338593.964.28$33,877
Mar 201317439693.623.91$17,839
Feb 201334732391.233.42$32,761
Jan 201334930291.603.42$33,001
Dec 201234630786.773.42$31,072
Nov 201217330886.953.62$16,159
Oct 201235831389.383.40$33,062
Sep 201234729394.672.92$33,706
Aug 201253530192.662.91$50,448
Jul 201235929685.133.02$31,456
Jun 201236329479.822.52$29,715
May 201235154191.612.49$33,501
Apr 2012373403101.652.00$38,720
Mar 201274080105.052.22$77,915
Feb 2012177240101.102.57$18,512
Jan 201217612098.092.73$17,592
Dec 20113491,26496.873.24$37,903
Nov 201157365995.723.31$57,030
Oct 201135528284.983.65$31,197
Sep 20115281,21683.623.99$48,998
Aug 20113451,21183.404.15$33,798
Jul 20113391,04094.144.52$36,611
Jun 201117392092.904.64$20,340
May 20115361,16298.134.40$57,716
Apr 20113461,240105.964.33$42,035
Mar 20115601,87396.364.06$61,561
Feb 20114041,27985.644.18$39,945
Jan 20113681,21086.504.59$37,384
Dec 20107111,20285.734.35$66,180
Nov 20101641,06280.843.80$17,288
Oct 20105401,04378.103.51$45,834
Sep 201055597772.633.98$44,198
Aug 20105561,27873.684.42$46,614
Jul 20105251,22572.554.74$43,891
Jun 201015941070.364.91$13,201
May 20105421,39871.124.24$44,468
Apr 20105171,38981.694.12$47,960
Mar 20108721,71178.394.39$75,865
Feb 20106901,77173.585.44$60,409
Jan 20106821,78374.365.96$61,347
Dec 20096871,45571.445.48$57,058
Nov 20096901,09174.593.75$55,560
Oct 20097161,39372.544.11$57,664
Sep 20095411,24265.543.06$39,264
Aug 20099271,66767.423.22$67,864
Jul 20097401,49961.133.46$50,429
Jun 20099341,27566.163.90$66,760
May 20098951,14754.743.93$53,495
Apr 20097001,17346.773.59$36,947
Mar 200970396042.144.06$33,521
Feb 20095171,00032.814.63$21,596
Jan 2009349035.865.37$12,515
Dec 2008525137.105.98$19,483
Nov 20086991,56855.496.86$49,545
Oct 20081,0521,86675.246.92$92,069
Sep 20088711,027101.767.88$96,723
Aug 20081,235368114.228.48$144,183
Jul 2008179388131.0811.39$27,882
Jun 200800131.3313.03$0
May 2008356451123.1711.57$49,069
Apr 2008356730110.3110.45$46,902
Mar 2008515561101.909.66$57,900
Feb 200836240992.538.77$37,083
Jan 200817332490.388.21$18,294
Dec 200735659288.337.30$35,768
Nov 200717124591.677.29$17,462
Oct 200717864982.856.92$19,240
Sep 200751689675.846.24$44,728
Aug 200751614069.066.39$36,529
Jul 200786922670.906.39$63,056
Jun 20071,05289862.007.55$72,003
May 20070058.747.85$0
Apr 2007162059.617.81$9,657
Mar 2007180056.927.30$10,246
Feb 2007349055.108.22$19,230
Jan 2007175050.306.73$8,803
Dec 2006182056.656.92$10,310
Nov 2006359054.207.62$19,458
Oct 200633911354.906.01$19,291
Sep 200618145060.085.04$13,141
Aug 200635111468.717.34$24,954
Jul 2006355069.376.34$24,626
Jun 2006682066.286.38$45,203
May 2006686066.016.42$45,283
Apr 2006179064.397.36$11,526
Mar 2006355056.707.08$20,129
Feb 2006681057.597.75$39,219
Jan 20067193960.598.93$43,913
Dec 2005711054.9413.42$39,062
Nov 2005876054.6910.59$47,908
Oct 20057051,15258.3413.80$57,022
Sep 20051,2481,15261.4512.08$90,605
Aug 20051,5671,16961.519.80$107,839
Jul 20051,2441,76855.697.84$83,146
Jun 20051,7501,99852.337.38$106,325
May 20051,4192,25645.226.65$79,172
Apr 20051,7321,96149.207.36$99,648
Mar 20051,6121,99150.377.15$95,442
Feb 20051,6141,91545.226.31$85,072
Jan 20052,2852,79143.166.32$116,266
Dec 20041,2512,96139.866.75$69,855
Nov 20041,7653,23345.286.33$100,385
Oct 20041,9453,90549.706.52$122,108
Sep 20041,5755,07643.245.28$94,924
Aug 20041,9395,89442.375.55$114,871
Jul 20041,7784,40638.286.08$94,869
Jun 20041,2422,32336.106.43$59,780
May 20041,5854,86437.486.49$90,995
Apr 20041,9714,45534.475.86$94,040
Mar 20042,5195,06434.365.53$114,557
Feb 20041,2624,45132.455.51$65,475
Jan 20041,4183,82932.036.30$69,540
Dec 20031,78410,00730.266.30$117,044
Nov 20031,78013,72328.804.60$114,323
Oct 20031,97715,22028.174.76$128,134
Sep 20032,49016,35726.314.75$143,197
Aug 20032,42114,88029.765.13$148,379
Jul 20032,31414,45229.415.17$142,784
Jun 20031,06510,38228.565.98$92,531
May 20031,0331,69826.595.97$37,609
Apr 20032,1182,75726.675.41$71,395
Mar 20031,9553,37231.146.10$81,435
Feb 20031,7723,00033.487.93$83,104
Jan 20032,5372,98530.315.58$93,559
Dec 20023,0434,34726.914.85$102,986
Nov 20022,1902,43024.664.14$64,058
Oct 20021,7132,75426.464.23$56,973
Sep 20022,3953,65227.443.64$78,995
Aug 20023,4184,00825.963.16$101,413
Jul 20023,4804,17724.583.06$98,327
Jun 20024,4044,74623.733.34$120,350
May 20025,2703,43624.663.58$142,273
Apr 20026,0675,64623.653.51$163,315
Mar 20026,9876,28922.003.10$173,227
Feb 20026,3485,51318.222.38$128,758
Jan 20027,3206,11017.172.38$140,200
Dec 20017,0455,87616.932.36$133,165
Nov 20016,9535,94018.072.41$139,930
Oct 20017,4616,36819.782.53$163,682
Sep 20017,1166,22524.262.25$186,649
Aug 20017,1996,65324.873.05$199,352
Jul 20017,5986,64123.933.20$203,052
Jun 20017,2616,37424.563.82$202,705
May 20017,4686,69925.524.31$219,438
Apr 20017,1256,29024.685.34$209,404
Mar 20017,5586,95824.545.38$222,883
Feb 20016,5286,10727.755.77$216,372
Jan 20017,5206,72327.478.40$263,039
Dec 20007,5396,77226.889.12$264,426
Nov 20007,8337,34032.215.66$293,831
Oct 20007,9283,76031.235.15$266,939
Sep 20008,0573,18231.875.19$273,280
Aug 20008,2863,53429.644.54$261,644
Jul 20008,1276,31628.534.09$257,694
Jun 20008,2396,44329.304.40$269,734
May 20007,6827,05727.263.68$235,379
Apr 20006,9586,03224.513.12$189,336
Mar 20006,8316,20728.422.86$211,887
Feb 20005,4126,64927.622.73$167,608
Jan 20006711,03025.272.48$19,511
Dec 1999026924.282.42$652

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.

Aug 2015 — as filed, then multipliedworked
Oil                  347 bbl  × $ 40.16 =    $13,936
Casinghead gas       262 Mcf  × $  2.87 =       $753

────────────────────────────────────────────────────
Month total                                  $14,688

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/8509 is the state's own key, not one this site invented.