KEELAND

Name: KEELAND lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GEOSOUTHERN ENERGY CORPORATION (P-5 301287) 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 21483District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Dec 2008

Value, last 12 filed months

$12 k

at the published price for each month

Months reported

192

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) 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 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”

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
Oil	Disposition	38,530 bbl	$802,862
Casinghead gas	Production	245,830 Mcf	$312,764
Total			$1,115,626

158,976 Mcf of this lease's gas, across 47 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 29.8762, -97.0082. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.87620, -97.00817 · 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

12,850 ft

1 wells filed one

Completion to plug

23.3 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 12,850 ft.

Completions filed

Apr 1992

1 of 1 wells

Plug dates filed

Jul 2015

1 of 1 wells

Last completion to plug: a median of 23.3 years across the 1 well that filed both dates, with the middle half between 23.3 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14932575	1	12,850 ft	Apr 1992	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 (192)

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

192 months


Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	109	0	110.31	10.45	$12,024
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	179	98	69.37	6.34	$13,039
Jun 2006	182	517	66.28	6.38	$15,363
May 2006	1	212	66.01	6.42	$1,428
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	186	427	57.59	7.75	$14,021
Jan 2006	193	308	60.59	8.93	$14,445
Dec 2005	0	4	54.94	13.42	$54
Nov 2005	1	151	54.69	10.59	$1,654
Oct 2005	377	0	58.34	13.80	$21,994
Sep 2005	2	0	61.45	12.08	$123
Aug 2005	181	0	61.51	9.80	$11,133
Jul 2005	2	857	55.69	7.84	$6,833
Jun 2005	166	492	52.33	7.38	$12,318
May 2005	2	512	45.22	6.65	$3,496
Apr 2005	187	639	49.20	7.36	$13,904
Mar 2005	1	321	50.37	7.15	$2,347
Feb 2005	1	411	45.22	6.31	$2,639
Jan 2005	182	19	43.16	6.32	$7,975
Dec 2004	0	225	39.86	6.75	$1,519
Nov 2004	0	5	45.28	6.33	$32
Oct 2004	0	310	49.70	6.52	$2,020
Sep 2004	190	730	43.24	5.28	$12,073
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	81	36.10	6.43	$521
May 2004	184	1,005	37.48	6.49	$13,423
Apr 2004	180	1,237	34.47	5.86	$13,452
Mar 2004	0	68	34.36	5.53	$376
Feb 2004	187	513	32.45	5.51	$8,895
Jan 2004	181	775	32.03	6.30	$10,680
Dec 2003	2	478	30.26	6.30	$3,073
Nov 2003	177	1,022	28.80	4.60	$9,794
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	368	716	26.31	4.75	$13,083
Aug 2003	0	1,074	29.76	5.13	$5,509
Jul 2003	545	924	29.41	5.17	$20,806
Jun 2003	2	1,302	28.56	5.98	$7,847
May 2003	0	113	26.59	5.97	$675
Apr 2003	181	1,274	26.67	5.41	$11,716
Mar 2003	0	264	31.14	6.10	$1,609
Feb 2003	365	682	33.48	7.93	$17,626
Jan 2003	185	1,220	30.31	5.58	$12,417
Dec 2002	378	1,691	26.91	4.85	$18,380
Nov 2002	185	1,827	24.66	4.14	$12,120
Oct 2002	366	1,388	26.46	4.23	$15,554
Sep 2002	0	98	27.44	3.64	$356
Aug 2002	190	420	25.96	3.16	$6,261
Jul 2002	2	2,096	24.58	3.06	$6,467
Jun 2002	177	496	23.73	3.34	$5,856
May 2002	0	815	24.66	3.58	$2,921
Apr 2002	180	850	23.65	3.51	$7,242
Mar 2002	6	2,469	22.00	3.10	$7,793
Feb 2002	186	1,996	18.22	2.38	$8,131
Jan 2002	192	1,308	17.17	2.38	$6,404
Dec 2001	376	1,997	16.93	2.36	$11,087
Nov 2001	193	1,676	18.07	2.41	$7,519
Oct 2001	191	411	19.78	2.53	$4,817
Sep 2001	5	171	24.26	2.25	$506
Aug 2001	0	12	24.87	3.05	$37
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	3	0	25.52	4.31	$77
Apr 2001	136	0	24.68	5.34	$3,356
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	8	27.75	5.77	$46
Jan 2001	6	787	27.47	8.40	$6,775
Dec 2000	6	412	26.88	9.12	$3,920
Nov 2000	180	666	32.21	5.66	$9,566
Oct 2000	0	19	31.23	5.15	$98
Sep 2000	181	842	31.87	5.19	$10,136
Aug 2000	0	232	29.64	4.54	$1,053
Jul 2000	0	115	28.53	4.09	$470
Jun 2000	173	516	29.30	4.40	$7,338
May 2000	9	1,596	27.26	3.68	$6,118
Apr 2000	0	787	24.51	3.12	$2,452
Mar 2000	174	1,037	28.42	2.86	$7,911
Feb 2000	0	2,646	27.62	2.73	$7,214
Jan 2000	126	1,064	25.27	2.48	$5,823
Dec 1999	129	1,991	24.28	2.42	$7,958
Nov 1999	0	592	23.19	2.43	$1,441
Oct 1999	163	1,035	20.98	2.80	$6,322
Sep 1999	194	1,410	21.75	2.62	$7,912
Aug 1999	197	1,389	19.26	2.88	$7,788
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	194	14	15.79	2.32	$3,096
Apr 1999	0	14	15.10	2.21	$31
Mar 1999	0	35	12.47	1.84	$64
Feb 1999	0	7	9.98	1.82	$13
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	21	9.20	1.77	$37
Nov 1998	176	1,944	10.89	2.19	$6,166
Oct 1998	184	578	12.42	1.97	$3,423
Sep 1998	391	1,127	12.59	2.08	$7,270
Aug 1998	195	1,516	11.30	1.91	$5,095
Jul 1998	191	2,155	11.74	2.24	$7,064
Jun 1998	197	2,138	11.24	2.24	$6,998
May 1998	353	1,815	12.62	2.21	$8,459
Apr 1998	198	1,060	13.04	2.51	$5,238
Mar 1998	158	996	12.80	2.31	$4,323
Feb 1998	200	3,637	13.95	2.30	$11,152
Jan 1998	370	2,182	14.70	2.15	$10,141
Dec 1997	394	3,235	16.32	2.41	$14,230
Nov 1997	722	891	18.19	3.09	$15,885
Oct 1997	749	1,226	19.25	3.15	$18,280
Sep 1997	184	558	17.74	2.95	$4,913
Aug 1997	1,010	1,458	17.86	2.55	$21,763
Jul 1997	736	1,800	17.58	2.25	$16,983
Jun 1997	206	2,010	17.24	2.26	$8,088
May 1997	15	291	18.97	2.31	$956
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	2	53	20.49	2.21	$158
Jan 1997	159	242	23.48	3.54	$4,590
Dec 1996	22	902	23.32	—	$513
Nov 1996	189	1,673	21.97	—	$4,152
Oct 1996	173	1,866	23.31	—	$4,033
Sep 1996	5	966	22.22	—	$111
Aug 1996	340	3,213	20.26	—	$6,888
Jul 1996	181	2,385	19.55	—	$3,539
Jun 1996	372	3,491	18.73	—	$6,968
May 1996	377	3,651	19.43	—	$7,325
Apr 1996	374	3,920	21.51	—	$8,045
Mar 1996	192	3,451	19.38	—	$3,721
Feb 1996	532	5,195	16.98	—	$9,033
Jan 1996	578	6,728	17.07	—	$9,866
Dec 1995	544	4,885	17.19	—	$9,351
Nov 1995	542	4,495	16.00	—	$8,672
Oct 1995	329	1,869	15.43	—	$5,076
Sep 1995	180	1,605	16.18	—	$2,912
Aug 1995	755	7,196	15.92	—	$12,020
Jul 1995	379	5,421	15.24	—	$5,776
Jun 1995	383	2,392	16.41	—	$6,285
May 1995	352	2,746	17.56	—	$6,181
Apr 1995	366	2,439	17.73	—	$6,489
Mar 1995	367	3,015	16.44	—	$6,033
Feb 1995	532	2,219	16.58	—	$8,821
Jan 1995	573	2,866	15.92	—	$9,122
Dec 1994	347	962	15.03	—	$5,215
Nov 1994	760	3,562	15.90	—	$12,084
Oct 1994	0	248	15.58	—	$0
Sep 1994	129	209	15.29	—	$1,972
Aug 1994	543	3,120	16.13	—	$8,759
Jul 1994	0	208	17.56	—	$0
Jun 1994	371	2,767	17.09	—	$6,340
May 1994	172	551	15.88	—	$2,731
Apr 1994	346	2,232	14.14	—	$4,892
Mar 1994	180	2,363	12.46	—	$2,243
Feb 1994	305	781	12.50	—	$3,813
Jan 1994	360	1,565	12.66	—	$4,558
Dec 1993	0	479	12.33	—	$0
Nov 1993	165	583	14.49	—	$2,391
Oct 1993	368	1,172	15.85	—	$5,833
Sep 1993	569	1,114	15.03	—	$8,552
Aug 1993	18	649	15.66	—	$282
Jul 1993	11	939	15.46	—	$170
Jun 1993	0	0	16.79	—	$0
May 1993	545	2,035	17.68	—	$9,636
Apr 1993	1,639	9,739	18.05	—	$29,584
Mar 1993	1,872	11,401	18.14	—	$33,958
Feb 1993	2,025	13,730	17.90	—	$36,248
Jan 1993	3,181	19,978	16.93	—	$53,854

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.

Apr 2008 — as filed, then multipliedworked

Oil                  109 bbl  × $110.31 =    $12,024
Casinghead gas         0 Mcf  × $ 10.45 =         $0

────────────────────────────────────────────────────
Month total                                  $12,024

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/21483 is the state's own key, not one this site invented.