KEERAN RANCH

Operated by GBS OIL & GAS, LLC (P-5 298357) 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 9038District 02Field 48996333OilCasinghead gasSaveExport
Value, all time
$2.3 M
Jul 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
no gaps in the span
Streams
2
oil, casinghead 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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered
1958-04-11
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition25,919 bbl$1,943,809
Casinghead gasProduction84,601 Mcf$311,450
Total$2,255,259

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 28.7359, -96.6973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.73587, -96.69732 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,610 ft
1 wells filed one
Completion to plug
16.8 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 6,610 ft.

Completions filed
Jul 2006
1 of 1 wells
Plug dates filed
May 2023
1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46933999C 46,610 ftJul 2006May 2023Yes

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 (239)

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

239 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
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 201737049.413.42$1,828
Dec 20161136,80348.763.72$30,836
Nov 2016097642.492.64$2,581
Oct 20161801,05446.193.09$11,571
Sep 201617391841.553.10$10,035
Aug 201613898441.442.92$8,596
Jul 201611090241.622.92$7,216
Jun 201617593445.352.69$10,445
May 201613198642.521.99$7,533
Apr 201613486336.561.99$6,617
Mar 201623784833.011.79$9,345
Feb 20169886526.472.06$4,379
Jan 20161701,05827.352.36$7,151
Dec 201513395632.362.00$6,217
Nov 20151871,06938.792.17$9,571
Oct 20151641,19843.552.43$10,049
Sep 20152211,13642.992.76$12,634
Aug 20151331,56040.162.87$9,822
Jul 20151941,68148.152.95$14,292
Jun 20151671,29756.152.88$13,116
May 201522690155.212.96$15,140
Apr 201516698749.822.71$10,942
Mar 201523769542.892.93$12,205
Feb 201516772444.662.98$9,613
Jan 2015042743.433.10$1,324
Dec 201431092554.693.59$20,276
Nov 201416982170.464.25$15,399
Oct 201431279878.303.90$27,543
Sep 20141671,02186.164.05$18,519
Aug 201432394589.394.04$32,686
Jul 201434482996.564.18$36,682
Jun 201434294198.164.74$38,028
May 20143421,02194.734.73$37,223
Apr 201434792195.944.81$37,720
Mar 201434882495.895.06$37,537
Feb 201410790297.406.19$16,007
Jan 201417089590.404.86$19,718
Dec 2013098991.824.35$4,307
Nov 201313592988.853.74$15,468
Oct 201312989197.423.78$15,935
Sep 2013169921104.113.72$21,019
Aug 2013170875104.253.52$20,805
Jul 2013209910102.523.72$24,810
Jun 201319687294.403.93$21,932
May 201334098994.834.15$36,346
Apr 201350496093.964.28$51,467
Mar 201348357893.623.91$47,480
Feb 2013020491.233.42$698
Jan 2013041591.603.42$1,419
Dec 2012087586.773.42$2,993
Nov 201201,26586.953.62$4,586
Oct 2012551,10289.383.40$8,662
Sep 201201,12194.672.92$3,272
Aug 20129498792.662.91$11,580
Jul 2012089685.133.02$2,707
Jun 2012092579.822.52$2,330
May 201201,12191.612.49$2,789
Apr 20120944101.652.00$1,885
Mar 2012251,151105.052.22$5,184
Feb 20120955101.102.57$2,455
Jan 2012080898.092.73$2,209
Dec 20117052196.873.24$8,469
Nov 201112854295.723.31$14,047
Oct 201101,70284.983.65$6,210
Sep 2011841,73983.623.99$13,955
Aug 201101,49983.404.15$6,220
Jul 201101,33494.144.52$6,026
Jun 2011093192.904.64$4,320
May 201101,41598.134.40$6,233
Apr 2011992,004105.964.33$19,174
Mar 20111723,06596.364.06$29,010
Feb 20117931585.644.18$8,082
Jan 20118342586.504.59$9,130
Dec 201017444585.734.35$16,852
Nov 201017013380.843.80$14,248
Oct 20101621,10478.103.51$16,526
Sep 201074072.633.98$5,375
Aug 201071073.684.42$5,231
Jul 2010159072.554.74$11,535
Jun 2010103070.364.91$7,247
May 2010100071.124.24$7,112
Apr 2010164081.694.12$13,397
Mar 2010144078.394.39$11,288
Feb 2010171073.585.44$12,582
Jan 2010167074.365.96$12,418
Dec 2009168071.445.48$12,002
Nov 2009169074.593.75$12,606
Oct 2009126072.544.11$9,140
Sep 2009107065.543.06$7,013
Aug 2009230067.423.22$15,507
Jul 2009240061.133.46$14,671
Jun 2009281766.163.90$18,618
May 20091684554.743.93$9,373
Apr 20092483046.773.59$11,707
Mar 20092701942.144.06$11,455
Feb 2009170132.814.63$5,582
Jan 20093076535.865.37$11,358
Dec 20082501537.105.98$9,365
Nov 2008321055.496.86$17,812
Oct 2008340075.246.92$25,582
Sep 20083130101.767.88$31,851
Aug 200835243114.228.48$40,570
Jul 200840521131.0811.39$53,327
Jun 200834717131.3313.03$45,793
May 200835955123.1711.57$44,855
Apr 200839068110.3110.45$43,732
Mar 200851162101.909.66$52,670
Feb 20085383592.538.77$50,088
Jan 20084207890.388.21$38,600
Dec 2007488888.337.30$43,163
Nov 200756210291.677.29$52,262
Oct 200752712782.856.92$44,541
Sep 200742116675.846.24$32,965
Aug 200752613469.066.39$37,182
Jul 200741618270.906.39$30,657
Jun 200753213162.007.55$33,973
May 20076053858.747.85$35,836
Apr 20073495359.617.81$21,218
Mar 20074549156.927.30$26,506
Feb 20073288355.108.22$18,755
Jan 20074614850.306.73$23,511
Dec 200634924656.656.92$21,473
Nov 200627334654.207.62$17,432
Oct 2006084654.906.01$5,088
Sep 200644850060.085.04$29,434
Aug 20062951,31768.717.34$29,936
Jul 2006010069.376.34$634

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.

Jan 2017 — as filed, then multipliedworked
Oil                   37 bbl  × $ 49.41 =     $1,828
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,828

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/9038 is the state's own key, not one this site invented.