YEAGER-KELLER UNIT 1

Operated by DOUGLAS PETROLEUM INC. (P-5 227401) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18002District 03Field 50424500NGPA filingOilCasinghead gasSaveExport
Value, all time
$97 k
Jan 1993 – Sep 1997
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
57
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 456 leases and 533 wells, and the rule below applies to all of them.

Discovered
1976-12-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SET TO 100 % ACRES.

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
OilDisposition5,798 bbl$96,915
Casinghead gasProduction14,900 Mcf$0
Total$96,915

14,900 Mcf of this lease's gas, across 44 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 30.7450, -96.3082. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.74499, -96.30821 · 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
9,100 ft
1 wells filed one
Completion to plug
13.1 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 9,100 ft.

Completions filed
Aug 1984
1 of 1 wells
Plug dates filed
Sep 1997
1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0413117619,100 ftAug 1984Sep 1997Yes

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 (57)

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

57 months

Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 199759017.242.26$1,017
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996157021.97$3,449
Oct 1996190023.31$4,429
Sep 199605022.22$0
Aug 199617820020.26$3,606
Jul 1996031019.55$0
Jun 199617930018.73$3,353
May 199618331019.43$3,556
Apr 1996030021.51$0
Mar 199619131019.38$3,702
Feb 1996029016.98$0
Jan 199618431017.07$3,141
Dec 19950017.19$0
Nov 199518971316.00$3,024
Oct 199517718015.43$2,731
Sep 199516927016.18$2,734
Aug 1995022015.92$0
Jul 199535417915.24$5,395
Jun 1995143616.41$16
May 199508017.56$0
Apr 199535432617.73$6,276
Mar 1995044616.44$0
Feb 1995033116.58$0
Jan 199519240715.92$3,057
Dec 1994043415.03$0
Nov 199418544215.90$2,942
Oct 1994041315.58$0
Sep 199419144615.29$2,920
Aug 199417838916.13$2,871
Jul 1994038717.56$0
Jun 199417639017.09$3,008
May 199418141415.88$2,874
Apr 199417741014.14$2,503
Mar 1994043512.46$0
Feb 199434741512.50$4,338
Jan 1994047212.66$0
Dec 1993047912.33$0
Nov 199318646314.49$2,695
Oct 1993052515.85$0
Sep 199334847715.03$5,230
Aug 1993027615.66$0
Jul 199335030115.46$5,411
Jun 1993031416.79$0
May 1993033317.68$0
Apr 199336916218.05$6,660
Mar 1993021118.14$0
Feb 1993013217.90$0
Jan 199335321216.93$5,976

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.

Jun 1997 — as filed, then multipliedworked
Oil                   59 bbl  × $ 17.24 =     $1,017
Casinghead gas         0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                   $1,017

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/18002 is the state's own key, not one this site invented.