KEYSER, W. B.

Operated by ANADARKO E&P COMPANY LP (P-5 20542) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 146546District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$947 k
Jul 1993 – Feb 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
no gaps in the span
Streams
2
condensate, 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111994-10-26130753
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition12,977 bbl$200,838
GasProduction1,662,493 Mcf$746,018
Total$946,856

1,436,227 Mcf of this lease's gas, across 42 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 (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 30.4766, -96.1926. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47665, -96.19260 · 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
15,218 ft
1 wells filed one
Completion to plug
3.7 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 15,218 ft.

Completions filed
Feb 2006
1 of 1 wells
Plug dates filed
Oct 2009
1 of 1 wells

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04131742115,218 ftFeb 2006Oct 2009Yes

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 (152)

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

152 months

Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200486042.375.55$3,644
Jul 20040038.286.08$0
Jun 200405336.106.43$341
May 200401,29137.486.49$8,385
Apr 200401,43734.475.86$8,419
Mar 200401,16534.365.53$6,443
Feb 200401,01332.455.51$5,581
Jan 200401,12132.036.30$7,062
Dec 200301,17830.266.30$7,423
Nov 200301,15128.804.60$5,289
Oct 200301,21728.174.76$5,792
Sep 200301,20126.314.75$5,704
Aug 200301,28229.765.13$6,576
Jul 200301,26229.415.17$6,526
Jun 200301,26028.565.98$7,539
May 200301,25426.595.97$7,490
Apr 200301,18726.675.41$6,418
Mar 200301,35231.146.10$8,242
Feb 200301,31033.487.93$10,383
Jan 200301,45630.315.58$8,127
Dec 200201,45526.914.85$7,062
Nov 200201,60324.664.14$6,632
Oct 200202,24926.464.23$9,511
Sep 200201,41427.443.64$5,140
Aug 200202,03725.963.16$6,445
Jul 200201,51124.583.06$4,626
Jun 200202,67723.733.34$8,936
May 200203,07924.663.58$11,035
Apr 200203,29623.653.51$11,577
Mar 200203,64622.003.10$11,313
Feb 200203,13518.222.38$7,448
Jan 20021643,91117.172.38$12,107
Dec 200103,30216.932.36$7,807
Nov 200102,33218.072.41$5,610
Oct 200102,49919.782.53$6,320
Sep 200102,99424.262.25$6,740
Aug 200104,97024.873.05$15,174
Jul 200103,01823.933.20$9,649
Jun 200101,60624.563.82$6,142
May 200101,57425.524.31$6,780
Apr 200101,08424.685.34$5,783
Mar 20011622,91324.545.38$19,637
Feb 200101,60227.755.77$9,239
Jan 200106,63427.478.40$55,717
Dec 2000052326.889.12$4,771
Nov 200001,74632.215.66$9,879
Oct 200001,55631.235.15$8,006
Sep 200001,48931.875.19$7,723
Aug 200002,09629.644.54$9,517
Jul 200022,08728.534.09$8,592
Jun 200002,01029.304.40$8,838
May 200002,66127.263.68$9,792
Apr 200001,35324.513.12$4,216
Mar 200001,74228.422.86$4,982
Feb 200001,81127.622.73$4,938
Jan 200051,90825.272.48$4,859
Dec 1999083524.282.42$2,024
Nov 199901,34923.192.43$3,283
Oct 1999092020.982.80$2,579
Sep 1999067721.752.62$1,773
Aug 199902,34519.262.88$6,743
Jul 19990317.892.37$7
Jun 19990115.942.36$2
May 199901,41015.792.32$3,273
Apr 199902,01715.102.21$4,454
Mar 199904,03412.471.84$7,416
Feb 199901,6779.981.82$3,048
Jan 199902,49110.381.90$4,733
Dec 199804,8069.201.77$8,523
Nov 19981602,87710.892.19$8,031
Oct 199803,56112.421.97$7,012
Sep 199805,96812.592.08$12,429
Aug 199801,17011.301.91$2,232
Jul 199803,69811.742.24$8,273
Jun 199802,84911.242.24$6,374
May 199803,51012.622.21$7,744
Apr 199802,31313.042.51$5,795
Mar 19981536,46712.802.31$16,894
Feb 199804,21313.952.30$9,686
Jan 199803,62814.702.15$7,818
Dec 199706,03816.322.41$14,558
Nov 19971538,43018.193.09$28,817
Oct 199704,51919.253.15$14,234
Sep 199704,81117.742.95$14,216
Aug 1997027117.862.55$692
Jul 19970117.582.25$2
Jun 19971801,32517.242.26$6,094
May 199706,60418.972.31$15,245
Apr 199703,22617.882.08$6,719
Mar 199705,68818.951.94$11,030
Feb 199707,09220.492.21$15,644
Jan 199708,72923.483.54$30,898
Dec 199605,22523.32$0
Nov 199607,25021.97$0
Oct 199608,40223.31$0
Sep 1996010,04522.22$0
Aug 19961608,92120.26$3,242
Jul 199609,21919.55$0
Jun 199618111,07618.73$3,390
May 199605,82019.43$0
Apr 199629,45021.51$43
Mar 1996012,14119.38$0
Feb 19961876,23716.98$3,175
Jan 199618,90917.07$17
Dec 1995210,10117.19$34
Nov 199518614,19316.00$2,976
Oct 1995015,38315.43$0
Sep 1995012,15116.18$0
Aug 19951786,02815.92$2,834
Jul 1995116,25915.24$15
Jun 1995215,93616.41$33
May 199517518,71917.56$3,073
Apr 199518116,71017.73$3,209
Mar 199518022,41816.44$2,959
Feb 199517420,68616.58$2,885
Jan 199515629,19715.92$2,484
Dec 199437624,62915.03$5,651
Nov 199438233,16915.90$6,074
Oct 199418930,79215.58$2,945
Sep 199436429,21215.29$5,566
Aug 199454130,56416.13$8,726
Jul 199435633,34017.56$6,251
Jun 199436434,94417.09$6,221
May 199437242,52015.88$5,907
Apr 199454150,51614.14$7,650
Mar 199454364,92012.46$6,766
Feb 199454961,28512.50$6,863
Jan 199472778,60412.66$9,204
Dec 199355782,00212.33$6,868
Nov 199393592,84414.49$13,548
Oct 19931,140118,96515.85$18,069
Sep 1993921112,35215.03$13,843
Aug 1993923142,20215.66$14,454
Jul 199336672,89115.46$5,658

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 2004 — as filed, then multipliedworked
Condensate            86 bbl  × $ 42.37 =     $3,644
Gas                    0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                   $3,644

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. 03/G/146546 is the state's own key, not one this site invented.