KELLY

Operated by TEX-LEE OPERATING COMPANY (P-5 849765) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14446District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$733 k
Jan 1993 – Oct 2015
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
274
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and 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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
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
OilDisposition24,045 bbl$702,058
Casinghead gasProduction12,634 Mcf$31,299
Total$733,357

1,242 Mcf of this lease's gas, across 30 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 29.8326, -97.1118. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.83256, -97.11177 · 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
8,715 ft
1 wells filed one
Completion to plug
34.0 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 8,715 ft.

Completions filed
Jul 1981
1 of 1 wells
Plug dates filed
Jul 2015
1 of 1 wells

Last completion to plug: a median of 34.0 years across the 1 well that filed both dates, with the middle half between 34.0 years and 34.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1493093818,715 ftJul 1981Jul 2015Yes

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 (274)

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

274 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201596040.162.87$3,855
Jul 201557048.152.95$2,745
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20141054.693.59$55
Nov 20140070.464.25$0
Oct 20141078.303.90$78
Sep 20140086.164.05$0
Aug 201471089.394.04$6,347
Jul 20141096.564.18$97
Jun 20141098.164.74$98
May 201477094.734.73$7,294
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20131091.824.35$92
Nov 2013106088.853.74$9,418
Oct 20131097.423.78$97
Sep 201300104.113.72$0
Aug 2013770104.253.52$8,027
Jul 2013450102.523.72$4,613
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20131093.964.28$94
Mar 201386093.623.91$8,051
Feb 20131091.233.42$91
Jan 20131091.603.42$92
Dec 201273086.773.42$6,334
Nov 20122086.953.62$174
Oct 201262089.383.40$5,542
Sep 201255094.672.92$5,207
Aug 20123092.662.91$278
Jul 2012105085.133.02$8,939
Jun 201282079.822.52$6,545
May 20120091.612.49$0
Apr 2012910101.652.00$9,250
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20124098.092.73$392
Dec 201179096.873.24$7,653
Nov 20110095.723.31$0
Oct 20113084.983.65$255
Sep 20113083.623.99$251
Aug 20112083.404.15$167
Jul 20114094.144.52$377
Jun 2011132092.904.64$12,263
May 20112098.134.40$196
Apr 201150105.964.33$530
Mar 20112096.364.06$193
Feb 20111085.644.18$86
Jan 20111086.504.59$87
Dec 20101085.734.35$86
Nov 20101080.843.80$81
Oct 20102078.103.51$156
Sep 20100072.633.98$0
Aug 201064073.684.42$4,716
Jul 20103072.554.74$218
Jun 201091070.364.91$6,403
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201060074.365.96$4,462
Dec 20093071.445.48$214
Nov 200982074.593.75$6,116
Oct 20091072.544.11$73
Sep 20090065.543.06$0
Aug 200946067.423.22$3,101
Jul 200948061.133.46$2,934
Jun 2009117066.163.90$7,741
May 2009172054.743.93$9,415
Apr 20093046.773.59$140
Mar 20095042.144.06$211
Feb 20096032.814.63$197
Jan 20090035.865.37$0
Dec 20081037.105.98$37
Nov 20085055.496.86$277
Oct 200854075.246.92$4,063
Sep 2008910101.767.88$9,260
Aug 200830114.228.48$343
Jul 200830131.0811.39$393
Jun 2008780131.3313.03$10,244
May 200810123.1711.57$123
Apr 20081150110.3110.45$12,686
Mar 200830101.909.66$306
Feb 200833092.538.77$3,053
Jan 200893090.388.21$8,405
Dec 20072088.337.30$177
Nov 200785091.677.29$7,792
Oct 20074082.856.92$331
Sep 20071075.846.24$76
Aug 200773069.066.39$5,041
Jul 200758070.906.39$4,112
Jun 20071062.007.55$62
May 200785058.747.85$4,993
Apr 20073059.617.81$179
Mar 200794056.927.30$5,350
Feb 200792055.108.22$5,069
Jan 20072050.306.73$101
Dec 200695056.656.92$5,382
Nov 20066054.207.62$325
Oct 20061054.906.01$55
Sep 2006102060.085.04$6,128
Aug 200683068.717.34$5,703
Jul 20063069.376.34$208
Jun 200630066.286.38$1,988
May 2006165066.016.42$10,892
Apr 20062064.397.36$129
Mar 20063056.707.08$170
Feb 20064057.597.75$230
Jan 2006118060.598.93$7,150
Dec 20052054.9413.42$110
Nov 200572054.6910.59$3,938
Oct 200581058.3413.80$4,726
Sep 20051061.4512.08$61
Aug 200577061.519.80$4,736
Jul 200587055.697.84$4,845
Jun 20051052.337.38$52
May 200558045.226.65$2,623
Apr 200596049.207.36$4,723
Mar 20051050.377.15$50
Feb 2005114045.226.31$5,155
Jan 20051043.166.32$43
Dec 200463039.866.75$2,511
Nov 200475045.286.33$3,396
Oct 200489049.706.52$4,423
Sep 200482043.245.28$3,546
Aug 20040042.375.55$0
Jul 20041038.286.08$38
Jun 200478036.106.43$2,816
May 200495037.486.49$3,561
Apr 2004114034.475.86$3,930
Mar 20041034.365.53$34
Feb 2004131032.455.51$4,251
Jan 20042032.036.30$64
Dec 2003138030.266.30$4,176
Nov 20032028.804.60$58
Oct 2003181028.174.76$5,099
Sep 20032026.314.75$53
Aug 200392029.765.13$2,738
Jul 2003114029.415.17$3,353
Jun 2003119128.565.98$3,405
May 2003902126.595.97$2,519
Apr 20031912426.675.41$5,224
Mar 20033631.146.10$130
Feb 200332733.487.93$314
Jan 20031232330.315.58$3,857
Dec 2002841526.914.85$2,333
Nov 20022824.664.14$82
Oct 2002110026.464.23$2,911
Sep 200268027.443.64$1,866
Aug 2002841025.963.16$2,212
Jul 2002184124.583.06$4,526
Jun 200231823.733.34$762
May 20021412024.663.58$3,549
Apr 20021023523.653.51$2,535
Mar 2002187522.003.10$4,130
Feb 200234018.222.38$150
Jan 20021923717.172.38$3,385
Dec 20011805716.932.36$3,182
Nov 20011826718.072.41$3,450
Oct 200137619.782.53$252
Sep 20012249224.262.25$5,641
Aug 200118212524.873.05$4,908
Jul 2001714823.933.20$641
Jun 200118015724.563.82$5,021
May 200120023625.524.31$6,121
Apr 200111311124.685.34$3,381
Mar 20011286524.545.38$3,491
Feb 20011526827.755.77$4,610
Jan 20011264427.478.40$3,831
Dec 20001852326.889.12$5,183
Nov 200013011132.215.66$4,815
Oct 200019014231.235.15$6,664
Sep 200019015031.875.19$6,833
Aug 200019016529.644.54$6,381
Jul 2000018728.534.09$765
Jun 200019212329.304.40$6,166
May 200018413827.263.68$5,524
Apr 200018714324.513.12$5,029
Mar 200018613828.422.86$5,681
Feb 200017513127.622.73$5,191
Jan 200018416625.272.48$5,061
Dec 199934319324.282.42$8,796
Nov 19992249123.192.43$5,416
Oct 1999019820.982.80$555
Sep 199935928121.752.62$8,544
Aug 199917220719.262.88$3,908
Jul 199918728017.892.37$4,010
Jun 199935720315.942.36$6,170
May 199917930115.792.32$3,525
Apr 199937239015.102.21$6,478
Mar 199936947612.471.84$5,476
Feb 19993674049.981.82$4,397
Jan 199936715310.381.90$4,100
Dec 19983691079.201.77$3,585
Nov 199819122210.892.19$2,565
Oct 199856034812.421.97$7,640
Sep 199837233812.592.08$5,387
Aug 199838146911.301.91$5,200
Jul 199837541711.742.24$5,335
Jun 199837240411.242.24$5,085
May 199837146812.622.21$5,715
Apr 199855941513.042.51$8,329
Mar 199820245012.802.31$3,625
Feb 199840226413.952.30$6,215
Jan 199837924614.702.15$6,101
Dec 199738619616.322.41$6,772
Nov 199719715318.193.09$4,056
Oct 199737320519.253.15$7,826
Sep 199737211617.742.95$6,942
Aug 19971911817.862.55$3,457
Jul 1997199717.582.25$3,514
Jun 19972012917.242.26$3,531
May 1997198718.972.31$3,772
Apr 199720510417.882.08$3,882
Mar 19971837318.951.94$3,609
Feb 19978120.492.21$166
Jan 1997101423.483.54$284
Dec 1996141823.32$326
Nov 199672521.97$154
Oct 19961791923.31$4,172
Sep 1996104822.22$222
Aug 199620817620.26$4,214
Jul 19961817719.55$352
Jun 19961911918.73$356
May 199621519819.43$4,177
Apr 19961992321.51$4,280
Mar 19962019.38$39
Feb 19960016.98$0
Jan 19961017.07$17
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19951015.92$16
Jul 1995179015.24$2,728
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19951016.44$16
Feb 1995199016.58$3,299
Jan 19951015.92$16
Dec 19940015.03$0
Nov 19940015.90$0
Oct 1994194015.58$3,023
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994184117.56$3,231
Jun 1994187117.09$3,196
May 19942115.88$32
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19942113112.50$2,638
Jan 199403112.66$0
Dec 199303112.33$0
Nov 199303114.49$0
Oct 19931823115.85$2,885
Sep 1993193115.03$286
Aug 199303115.66$0
Jul 19932043115.46$3,154
Jun 199303016.79$0
May 199303117.68$0
Apr 199313018.05$18
Mar 19931893118.14$3,428
Feb 199303117.90$0
Jan 19931973116.93$3,335

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 2015 — as filed, then multipliedworked
Oil                   96 bbl  × $ 40.16 =     $3,855
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $3,855

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/O/14446 is the state's own key, not one this site invented.