KEERAN RANCH

Name: KEERAN RANCH lease production and value, Jan 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by REMORA MANAGEMENT, LLC (P-5 701560) in the KEERAN (6040) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8622District 02Field 48452513OilCasinghead gasSave Export

Value, all time

$733 k

Jan 2001 – Jan 2014

Value, last 12 filed months

at the published price for each month

Months reported

157

no gaps in the span

Streams

oil, casinghead gas

The KEERAN (6040) field

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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1960-08-03

as the register files it

Field class

Oil and 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: “AOF-1 AND AOF-2 EFFECTIVE 08/01/97.”

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	18,659 bbl	$596,932
Casinghead gas	Production	30,443 Mcf	$136,105
Total			$733,036

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 28.7309, -96.7695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.73093, -96.76947 · 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

7,109 ft

1 wells filed one

Completion to plug

12.6 years

median over 1 well

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 7,109 ft.

Completions filed

Jan 2001

1 of 1 wells

Plug dates filed

Aug 2013

1 of 1 wells

Last completion to plug: a median of 12.6 years across the 1 well that filed both dates, with the middle half between 12.6 years and 12.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46933535	19	7,109 ft	Jan 2001	Aug 2013	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 (157)

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

157 months


Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
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	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	51	0	61.45	12.08	$3,134
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	20	0	52.33	7.38	$1,047
May 2005	25	0	45.22	6.65	$1,131
Apr 2005	38	240	49.20	7.36	$3,636
Mar 2005	34	446	50.37	7.15	$4,904
Feb 2005	402	1,324	45.22	6.31	$26,535
Jan 2005	559	2,764	43.16	6.32	$41,601
Dec 2004	382	0	39.86	6.75	$15,227
Nov 2004	819	0	45.28	6.33	$37,084
Oct 2004	1,119	0	49.70	6.52	$55,614
Sep 2004	586	0	43.24	5.28	$25,339
Aug 2004	594	0	42.37	5.55	$25,168
Jul 2004	341	0	38.28	6.08	$13,053
Jun 2004	373	0	36.10	6.43	$13,465
May 2004	430	0	37.48	6.49	$16,116
Apr 2004	436	0	34.47	5.86	$15,029
Mar 2004	518	0	34.36	5.53	$17,798
Feb 2004	544	0	32.45	5.51	$17,653
Jan 2004	439	0	32.03	6.30	$14,061
Dec 2003	430	0	30.26	6.30	$13,012
Nov 2003	559	0	28.80	4.60	$16,099
Oct 2003	482	0	28.17	4.76	$13,578
Sep 2003	503	0	26.31	4.75	$13,234
Aug 2003	374	0	29.76	5.13	$11,130
Jul 2003	237	0	29.41	5.17	$6,970
Jun 2003	172	0	28.56	5.98	$4,912
May 2003	458	107	26.59	5.97	$12,817
Apr 2003	414	207	26.67	5.41	$12,161
Mar 2003	431	389	31.14	6.10	$15,793
Feb 2003	58	14	33.48	7.93	$2,053
Jan 2003	178	45	30.31	5.58	$5,646
Dec 2002	182	3,523	26.91	4.85	$21,997
Nov 2002	210	1,276	24.66	4.14	$10,457
Oct 2002	267	761	26.46	4.23	$10,283
Sep 2002	289	301	27.44	3.64	$9,024
Aug 2002	312	103	25.96	3.16	$8,425
Jul 2002	327	1,570	24.58	3.06	$12,845
Jun 2002	323	220	23.73	3.34	$8,399
May 2002	301	2,910	24.66	3.58	$17,852
Apr 2002	340	191	23.65	3.51	$8,712
Mar 2002	282	252	22.00	3.10	$6,986
Feb 2002	199	201	18.22	2.38	$4,103
Jan 2002	216	677	17.17	2.38	$5,317
Dec 2001	189	1,179	16.93	2.36	$5,987
Nov 2001	256	1,090	18.07	2.41	$7,248
Oct 2001	314	1	19.78	2.53	$6,213
Sep 2001	312	261	24.26	2.25	$8,157
Aug 2001	232	131	24.87	3.05	$6,170
Jul 2001	414	2,669	23.93	3.20	$18,440
Jun 2001	326	838	24.56	3.82	$11,211
May 2001	372	1,331	25.52	4.31	$15,226
Apr 2001	501	785	24.68	5.34	$16,553
Mar 2001	430	1,289	24.54	5.38	$17,482
Feb 2001	59	3,348	27.75	5.77	$20,945
Jan 2001	0	0	27.47	8.40	$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.

Sep 2005 — as filed, then multipliedworked

Oil                   51 bbl  × $ 61.45 =     $3,134
Casinghead gas         0 Mcf  × $ 12.08 =         $0

────────────────────────────────────────────────────
Month total                                   $3,134

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/8622 is the state's own key, not one this site invented.