KEERAN RANCH

Name: KEERAN RANCH lease production and value, Aug 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SOUTHERN BAY OPERATING, L.L.C. (P-5 803494) in the KEERAN (6600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8612District 02Field 48452741OilCasinghead gasSave

Value, all time

$1.2 M

Aug 2000 – Nov 2008

Value, last 12 filed months

at the published price for each month

Months reported

100

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	31,355 bbl	$1,033,796
Casinghead gas	Production	22,076 Mcf	$120,008
Total			$1,153,804

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 28.7482, -96.7520. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.74819, -96.75200 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,100 ft

1 wells filed one

Completion to plug

5.5 years

median over 1 wells

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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 7,100 ft.

Completions filed

Jan 2012

1 of 1 wells

Plug dates filed

Jul 2017

1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46933223	7	7,100 ft	Jan 2012	Jul 2017	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 (100)

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

100 months


Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	22	0	58.74	7.85	$1,292
Apr 2007	62	57	59.61	7.81	$4,141
Mar 2007	94	131	56.92	7.30	$6,307
Feb 2007	246	28	55.10	8.22	$13,785
Jan 2007	309	71	50.30	6.73	$16,020
Dec 2006	290	115	56.65	6.92	$17,224
Nov 2006	328	120	54.20	7.62	$18,692
Oct 2006	397	49	54.90	6.01	$22,090
Sep 2006	135	12	60.08	5.04	$8,171
Aug 2006	333	23	68.71	7.34	$23,049
Jul 2006	362	41	69.37	6.34	$25,372
Jun 2006	409	83	66.28	6.38	$27,638
May 2006	407	80	66.01	6.42	$27,380
Apr 2006	387	80	64.39	7.36	$25,508
Mar 2006	527	8	56.70	7.08	$29,938
Feb 2006	417	30	57.59	7.75	$24,248
Jan 2006	201	7	60.59	8.93	$12,241
Dec 2005	204	6	54.94	13.42	$11,288
Nov 2005	198	0	54.69	10.59	$10,829
Oct 2005	186	0	58.34	13.80	$10,851
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	35	0	45.22	6.31	$1,583
Jan 2005	734	0	43.16	6.32	$31,679
Dec 2004	35	0	39.86	6.75	$1,395
Nov 2004	28	0	45.28	6.33	$1,268
Oct 2004	39	0	49.70	6.52	$1,938
Sep 2004	20	0	43.24	5.28	$865
Aug 2004	20	0	42.37	5.55	$847
Jul 2004	110	0	38.28	6.08	$4,211
Jun 2004	120	0	36.10	6.43	$4,332
May 2004	138	0	37.48	6.49	$5,172
Apr 2004	140	565	34.47	5.86	$8,136
Mar 2004	167	455	34.36	5.53	$8,254
Feb 2004	175	455	32.45	5.51	$8,186
Jan 2004	141	455	32.03	6.30	$7,383
Dec 2003	471	656	30.26	6.30	$18,386
Nov 2003	613	834	28.80	4.60	$21,487
Oct 2003	529	374	28.17	4.76	$16,682
Sep 2003	552	142	26.31	4.75	$15,198
Aug 2003	410	156	29.76	5.13	$13,002
Jul 2003	260	127	29.41	5.17	$8,303
Jun 2003	313	167	28.56	5.98	$9,938
May 2003	502	837	26.59	5.97	$18,347
Apr 2003	486	1,128	26.67	5.41	$19,061
Mar 2003	505	2,116	31.14	6.10	$28,625
Feb 2003	342	739	33.48	7.93	$17,307
Jan 2003	302	921	30.31	5.58	$14,295
Dec 2002	44	176	26.91	4.85	$2,038
Nov 2002	36	96	24.66	4.14	$1,285
Oct 2002	613	181	26.46	4.23	$16,985
Sep 2002	700	232	27.44	3.64	$20,051
Aug 2002	792	103	25.96	3.16	$20,886
Jul 2002	860	121	24.58	3.06	$21,509
Jun 2002	807	253	23.73	3.34	$19,995
May 2002	973	533	24.66	3.58	$25,904
Apr 2002	779	134	23.65	3.51	$18,894
Mar 2002	534	276	22.00	3.10	$12,604
Feb 2002	328	423	18.22	2.38	$6,981
Jan 2002	537	112	17.17	2.38	$9,486
Dec 2001	645	925	16.93	2.36	$13,107
Nov 2001	313	279	18.07	2.41	$6,327
Oct 2001	209	428	19.78	2.53	$5,216
Sep 2001	572	47	24.26	2.25	$13,983
Aug 2001	428	17	24.87	3.05	$10,696
Jul 2001	545	114	23.93	3.20	$13,406
Jun 2001	421	233	24.56	3.82	$11,231
May 2001	529	632	25.52	4.31	$16,222
Apr 2001	708	349	24.68	5.34	$19,335
Mar 2001	883	12	24.54	5.38	$21,733
Feb 2001	978	580	27.75	5.77	$30,484
Jan 2001	907	1,175	27.47	8.40	$34,784
Dec 2000	1,384	795	26.88	9.12	$44,454
Nov 2000	1,508	1,065	32.21	5.66	$54,598
Oct 2000	1,351	1,000	31.23	5.15	$47,337
Sep 2000	270	717	31.87	5.19	$12,324
Aug 2000	0	0	29.64	4.54	$0

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 2007 — as filed, then multipliedworked

Oil                   22 bbl  × $ 58.74 =     $1,292
Casinghead gas         0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                   $1,292

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/8612 is the state's own key, not one this site invented.