KEYSTONE MILLS GAS UNIT

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

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the CONROE (MIDDLE WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 182576District 03Field 20211190CondensateGasSave Export

Value, all time

$2.4 M

Aug 2000 – Jul 2015

Value, last 12 filed months

at the published price for each month

Months reported

180

no gaps in the span

Streams

condensate, gas

The CONROE (MIDDLE WILCOX CONS.) 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 17 leases and 17 wells, and the rule below applies to all of them.

Discovered

2003-08-05

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-08-05.

The Commission's schedule remark for this field reads: “PER DOCKET 03-0243316 EFF 9/7/05, ALLOCATION FORMULA SUSPENDED.”

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
Condensate	Disposition	880 bbl	$58,926
Gas	Production	387,865 Mcf	$2,294,340
Total			$2,353,265

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 30.2280, -95.3788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.22804, -95.37878 · 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

9,646 ft

1 wells filed one

Completion to plug

14.9 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 9,646 ft.

Completions filed

Aug 2000

1 of 1 wells

Plug dates filed

Jul 2015

1 of 1 wells

Last completion to plug: a median of 14.9 years across the 1 well that filed both dates, with the middle half between 14.9 years and 14.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-33930542	2W	9,646 ft	Aug 2000	Jul 2015	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 (180)

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

180 months


Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
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	138	86.95	3.62	$500
Oct 2012	0	2,787	89.38	3.40	$9,475
Sep 2012	0	3,796	94.67	2.92	$11,078
Aug 2012	0	3,674	92.66	2.91	$10,685
Jul 2012	0	5,819	85.13	3.02	$17,578
Jun 2012	0	7,160	79.82	2.52	$18,036
May 2012	0	10,951	91.61	2.49	$27,250
Apr 2012	0	3,756	101.65	2.00	$7,500
Mar 2012	177	1,054	105.05	2.22	$20,936
Feb 2012	0	2,011	101.10	2.57	$5,169
Jan 2012	0	2,065	98.09	2.73	$5,646
Dec 2011	0	1,290	96.87	3.24	$4,179
Nov 2011	0	1,882	95.72	3.31	$6,232
Oct 2011	0	3,075	84.98	3.65	$11,219
Sep 2011	0	2,747	83.62	3.99	$10,949
Aug 2011	0	2,195	83.40	4.15	$9,108
Jul 2011	0	2,165	94.14	4.52	$9,780
Jun 2011	0	1,874	92.90	4.64	$8,695
May 2011	0	2,189	98.13	4.40	$9,642
Apr 2011	0	2,663	105.96	4.33	$11,540
Mar 2011	0	3,284	96.36	4.06	$13,324
Feb 2011	0	2,746	85.64	4.18	$11,478
Jan 2011	0	4,311	86.50	4.59	$19,782
Dec 2010	0	4,509	85.73	4.35	$19,604
Nov 2010	0	5,510	80.84	3.80	$20,912
Oct 2010	0	1,333	78.10	3.51	$4,677
Sep 2010	0	624	72.63	3.98	$2,483
Aug 2010	0	633	73.68	4.42	$2,797
Jul 2010	0	633	72.55	4.74	$2,998
Jun 2010	0	465	70.36	4.91	$2,283
May 2010	0	636	71.12	4.24	$2,694
Apr 2010	0	411	81.69	4.12	$1,694
Mar 2010	0	211	78.39	4.39	$926
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	253	74.36	5.96	$1,509
Dec 2009	0	77	71.44	5.48	$422
Nov 2009	0	352	74.59	3.75	$1,321
Oct 2009	0	1,060	72.54	4.11	$4,357
Sep 2009	0	1,035	65.54	3.06	$3,172
Aug 2009	0	1,259	67.42	3.22	$4,052
Jul 2009	0	954	61.13	3.46	$3,305
Jun 2009	0	578	66.16	3.90	$2,251
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	1,458	46.77	3.59	$5,231
Mar 2009	0	1,267	42.14	4.06	$5,143
Feb 2009	0	1,745	32.81	4.63	$8,085
Jan 2009	0	2,347	35.86	5.37	$12,606
Dec 2008	0	2,647	37.10	5.98	$15,821
Nov 2008	181	2,879	55.49	6.86	$29,795
Oct 2008	0	3,118	75.24	6.92	$21,583
Sep 2008	0	2,736	101.76	7.88	$21,552
Aug 2008	0	2,785	114.22	8.48	$23,625
Jul 2008	0	2,771	131.08	11.39	$31,560
Jun 2008	0	2,708	131.33	13.03	$35,292
May 2008	0	2,734	123.17	11.57	$31,644
Apr 2008	0	2,825	110.31	10.45	$29,535
Mar 2008	0	2,990	101.90	9.66	$28,896
Feb 2008	0	2,651	92.53	8.77	$23,251
Jan 2008	0	2,858	90.38	8.21	$23,452
Dec 2007	0	2,798	88.33	7.30	$20,431
Nov 2007	0	2,429	91.67	7.29	$17,712
Oct 2007	0	2,999	82.85	6.92	$20,759
Sep 2007	0	3,214	75.84	6.24	$20,069
Aug 2007	0	3,111	69.06	6.39	$19,873
Jul 2007	0	3,257	70.90	6.39	$20,806
Jun 2007	0	3,679	62.00	7.55	$27,771
May 2007	0	4,293	58.74	7.85	$33,684
Apr 2007	0	3,462	59.61	7.81	$27,022
Mar 2007	173	2,824	56.92	7.30	$30,468
Feb 2007	0	2,090	55.10	8.22	$17,171
Jan 2007	0	2,321	50.30	6.73	$15,613
Dec 2006	0	2,354	56.65	6.92	$16,286
Nov 2006	0	2,209	54.20	7.62	$16,827
Oct 2006	0	2,187	54.90	6.01	$13,152
Sep 2006	0	2,074	60.08	5.04	$10,447
Aug 2006	0	2,548	68.71	7.34	$18,702
Jul 2006	0	2,702	69.37	6.34	$17,138
Jun 2006	0	2,392	66.28	6.38	$15,270
May 2006	0	903	66.01	6.42	$5,802
Apr 2006	0	8,562	64.39	7.36	$63,020
Mar 2006	161	10,578	56.70	7.08	$84,052
Feb 2006	0	10,513	57.59	7.75	$81,488
Jan 2006	185	13,530	60.59	8.93	$132,077
Dec 2005	0	7,786	54.94	13.42	$104,452
Nov 2005	0	4,273	54.69	10.59	$45,244
Oct 2005	0	4,638	58.34	13.80	$63,985
Sep 2005	0	1,940	61.45	12.08	$23,433
Aug 2005	0	2,068	61.51	9.80	$20,260
Jul 2005	0	2,147	55.69	7.84	$16,840
Jun 2005	0	1,793	52.33	7.38	$13,234
May 2005	0	1,244	45.22	6.65	$8,274
Apr 2005	0	1,268	49.20	7.36	$9,333
Mar 2005	0	1,378	50.37	7.15	$9,859
Feb 2005	0	1,479	45.22	6.31	$9,335
Jan 2005	0	1,715	43.16	6.32	$10,843
Dec 2004	0	1,647	39.86	6.75	$11,119
Nov 2004	0	1,765	45.28	6.33	$11,173
Oct 2004	0	2,180	49.70	6.52	$14,203
Sep 2004	0	2,387	43.24	5.28	$12,613
Aug 2004	0	3,676	42.37	5.55	$20,404
Jul 2004	0	1,466	38.28	6.08	$8,919
Jun 2004	0	1,547	36.10	6.43	$9,952
May 2004	0	1,578	37.48	6.49	$10,248
Apr 2004	0	1,796	34.47	5.86	$10,522
Mar 2004	3	2,243	34.36	5.53	$12,507
Feb 2004	0	2,872	32.45	5.51	$15,824
Jan 2004	0	4,308	32.03	6.30	$27,139
Dec 2003	0	5,174	30.26	6.30	$32,605
Nov 2003	0	4,156	28.80	4.60	$19,097
Oct 2003	0	4,830	28.17	4.76	$22,989
Sep 2003	0	5,921	26.31	4.75	$28,121
Aug 2003	0	481	29.76	5.13	$2,467
Jul 2003	0	442	29.41	5.17	$2,286
Jun 2003	0	1,284	28.56	5.98	$7,682
May 2003	0	963	26.59	5.97	$5,752
Apr 2003	0	1,319	26.67	5.41	$7,132
Mar 2003	0	1,452	31.14	6.10	$8,851
Feb 2003	0	1,172	33.48	7.93	$9,289
Jan 2003	0	1,413	30.31	5.58	$7,887
Dec 2002	0	1,450	26.91	4.85	$7,038
Nov 2002	0	1,470	24.66	4.14	$6,081
Oct 2002	0	1,213	26.46	4.23	$5,130
Sep 2002	0	1,650	27.44	3.64	$5,998
Aug 2002	0	1,784	25.96	3.16	$5,645
Jul 2002	0	1,831	24.58	3.06	$5,606
Jun 2002	0	1,878	23.73	3.34	$6,269
May 2002	0	1,890	24.66	3.58	$6,774
Apr 2002	0	1,893	23.65	3.51	$6,649
Mar 2002	0	2,078	22.00	3.10	$6,447
Feb 2002	0	1,965	18.22	2.38	$4,668
Jan 2002	0	2,214	17.17	2.38	$5,260
Dec 2001	0	2,382	16.93	2.36	$5,632
Nov 2001	0	2,510	18.07	2.41	$6,038
Oct 2001	0	3,003	19.78	2.53	$7,594
Sep 2001	0	3,720	24.26	2.25	$8,375
Aug 2001	0	3,727	24.87	3.05	$11,379
Jul 2001	0	4,006	23.93	3.20	$12,808
Jun 2001	0	3,708	24.56	3.82	$14,180
May 2001	0	4,250	25.52	4.31	$18,306
Apr 2001	0	3,315	24.68	5.34	$17,687
Mar 2001	0	2,640	24.54	5.38	$14,194
Feb 2001	0	879	27.75	5.77	$5,069
Jan 2001	0	852	27.47	8.40	$7,156
Dec 2000	0	708	26.88	9.12	$6,459
Nov 2000	0	1,637	32.21	5.66	$9,262
Oct 2000	0	4,474	31.23	5.15	$23,021
Sep 2000	0	4,640	31.87	5.19	$24,065
Aug 2000	0	584	29.64	4.54	$2,652

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.

Nov 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 86.95 =         $0
Gas                  138 Mcf  × $  3.62 =       $500

────────────────────────────────────────────────────
Month total                                     $500

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/182576 is the state's own key, not one this site invented.