KELLY

Operated by FOOTHILL ENERGY, LLC (P-5 275368) in the SERBIN (TAYLOR SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21727District 03Field 82265500OilCasinghead gasSaveExport
Value, all time
$380 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 444 leases and 641 wells, and the rule below applies to all of them.

Discovered
1985-11-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: 1500 FT DIAGONAL.

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
OilDisposition9,362 bbl$184,148
Casinghead gasProduction114,217 Mcf$195,747
Total$379,895

65,774 Mcf of this lease's gas, across 48 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.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
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 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201415094.734.73$1,421
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201106484.983.65$234
Sep 201106083.623.99$239
Aug 201105683.404.15$232
Jul 201104294.144.52$190
Jun 201105092.904.64$232
May 201105398.134.40$233
Apr 2011053105.964.33$230
Mar 201104396.364.06$174
Feb 2011112585.644.18$1,047
Jan 201106486.504.59$294
Dec 201007985.734.35$343
Nov 201007280.843.80$273
Oct 201006778.103.51$235
Sep 201008372.633.98$330
Aug 2010105373.684.42$971
Jul 201005172.554.74$242
Jun 201003170.364.91$152
May 201006171.124.24$258
Apr 2010135781.694.12$1,297
Mar 201007078.394.39$307
Feb 201007073.585.44$381
Jan 201009274.365.96$549
Dec 200904171.445.48$225
Nov 200905774.593.75$214
Oct 200904172.544.11$169
Sep 200908165.543.06$248
Aug 200958767.423.22$617
Jul 20092119861.133.46$1,970
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200901646.773.59$57
Mar 200908942.144.06$361
Feb 200908932.814.63$412
Jan 2009012535.865.37$671
Dec 2008014437.105.98$861
Nov 2008015455.496.86$1,057
Oct 200803275.246.92$222
Sep 2008083101.767.88$654
Aug 2008060114.228.48$509
Jul 20082489131.0811.39$4,160
Jun 20080113131.3313.03$1,473
May 20080217123.1711.57$2,512
Apr 20080217110.3110.45$2,269
Mar 2008050101.909.66$483
Feb 200806492.538.77$561
Jan 20080890.388.21$66
Dec 2007014188.337.30$1,030
Nov 2007017391.677.29$1,261
Oct 20073613782.856.92$3,931
Sep 2007013775.846.24$855
Aug 2007012269.066.39$779
Jul 2007014570.906.39$926
Jun 200706762.007.55$506
May 200709058.747.85$706
Apr 20074818959.617.81$4,336
Mar 20074718956.927.30$4,055
Feb 2007015655.108.22$1,282
Jan 2007015750.306.73$1,056
Dec 2006016756.656.92$1,155
Nov 20062418354.207.62$2,695
Oct 2006018954.906.01$1,137
Sep 2006020460.085.04$1,028
Aug 2006017768.717.34$1,299
Jul 2006028469.376.34$1,801
Jun 2006033066.286.38$2,107
May 200604266.016.42$270
Apr 200603464.397.36$250
Mar 200609356.707.08$659
Feb 2006017857.597.75$1,380
Jan 2006020560.598.93$1,831
Dec 2005019054.9413.42$2,549
Nov 2005014854.6910.59$1,567
Oct 2005028658.3413.80$3,946
Sep 20054725061.4512.08$5,908
Aug 2005019661.519.80$1,920
Jul 2005021355.697.84$1,671
Jun 20052813852.337.38$2,484
May 20052513845.226.65$2,048
Apr 200506149.207.36$449
Mar 2005016150.377.15$1,152
Feb 20057316145.226.31$4,317
Jan 2005016143.166.32$1,018
Dec 2004026139.866.75$1,762
Nov 2004020945.286.33$1,323
Oct 2004015049.706.52$977
Sep 2004018543.245.28$978
Aug 20045612242.375.55$3,050
Jul 2004013738.286.08$834
Jun 2004017836.106.43$1,145
May 2004011737.486.49$760
Apr 2004020034.475.86$1,172
Mar 2004019734.365.53$1,089
Feb 2004015232.455.51$837
Jan 2004016132.036.30$1,014
Dec 20036223830.266.30$3,376
Nov 2003020828.804.60$956
Oct 2003017828.174.76$847
Sep 200307126.314.75$337
Aug 2003024229.765.13$1,241
Jul 20039422629.415.17$3,933
Jun 2003027228.565.98$1,627
May 2003027226.595.97$1,625
Apr 2003024026.675.41$1,298
Mar 2003020931.146.10$1,274
Feb 2003028533.487.93$2,259
Jan 2003015430.315.58$860
Dec 20024012126.914.85$1,664
Nov 2002022024.664.14$910
Oct 2002022426.464.23$947
Sep 2002016527.443.64$600
Aug 2002028625.963.16$905
Jul 20025529924.583.06$2,267
Jun 2002020823.733.34$694
May 2002020224.663.58$724
Apr 2002024723.653.51$868
Mar 2002031922.003.10$990
Feb 20026519218.222.38$1,640
Jan 2002030817.172.38$732
Dec 2001033916.932.36$802
Nov 2001017918.072.41$431
Oct 20016930519.782.53$2,136
Sep 2001033724.262.25$759
Aug 2001032524.873.05$992
Jul 2001036523.933.20$1,167
Jun 20019133324.563.82$3,508
May 2001032325.524.31$1,391
Apr 2001027524.685.34$1,467
Mar 20016234224.545.38$3,360
Feb 2001033327.755.77$1,920
Jan 2001038227.478.40$3,208
Dec 2000029926.889.12$2,728
Nov 2000040232.215.66$2,275
Oct 20008440331.235.15$4,697
Sep 2000035431.875.19$1,836
Aug 2000041329.644.54$1,875
Jul 2000047128.534.09$1,926
Jun 20008844829.304.40$4,548
May 2000047927.263.68$1,763
Apr 2000047324.513.12$1,474
Mar 2000051328.422.86$1,467
Feb 20009730627.622.73$3,513
Jan 2000046025.272.48$1,141
Dec 1999043224.282.42$1,047
Nov 19995349023.192.43$2,422
Oct 1999048920.982.80$1,371
Sep 19996151821.752.62$2,683
Aug 1999053219.262.88$1,530
Jul 199911451117.892.37$3,252
Jun 1999057115.942.36$1,349
May 1999257215.792.32$1,359
Apr 19997957715.102.21$2,467
Mar 1999049012.471.84$901
Feb 199905479.981.82$994
Jan 199915751210.381.90$2,602
Dec 199816239.201.77$1,114
Nov 1998162710.892.19$1,381
Oct 1998367112.421.97$1,359
Sep 199813161112.592.08$2,922
Aug 19981569411.301.91$1,493
Jul 1998664111.742.24$1,505
Jun 199817068311.242.24$3,439
May 1998464212.622.21$1,467
Apr 1998764613.042.51$1,710
Mar 199819862812.802.31$3,985
Feb 1998965613.952.30$1,634
Jan 1998872914.702.15$1,688
Dec 19975574416.322.41$2,691
Nov 1997677718.193.09$2,509
Oct 199717575819.253.15$5,756
Sep 1997879217.742.95$2,482
Aug 1997974817.862.55$2,072
Jul 199718285617.582.25$5,123
Jun 19971376017.242.26$1,940
May 19971071218.972.31$1,833
Apr 199718969517.882.08$4,827
Mar 19971069318.951.94$1,533
Feb 199715959920.492.21$4,579
Jan 19971066023.483.54$2,571
Dec 1996060623.32$0
Nov 199613672621.97$2,988
Oct 1996078523.31$0
Sep 199615855822.22$3,511
Aug 1996058920.26$0
Jul 19969680119.55$1,877
Jun 199617071818.73$3,184
May 1996089619.43$0
Apr 19961881,09621.51$4,044
Mar 1996099119.38$0
Feb 199617592716.98$2,972
Jan 1996098717.07$0
Dec 19951901,06217.19$3,266
Nov 199501,12616.00$0
Oct 1995981,24015.43$1,512
Sep 19951531,31516.18$2,476
Aug 19951841,11815.92$2,929
Jul 199501,01615.24$0
Jun 19951781,07116.41$2,921
May 19951701,24017.56$2,985
Apr 199501,17217.73$0
Mar 19951721,19216.44$2,828
Feb 19951851,14616.58$3,067
Jan 19951841,13515.92$2,929
Dec 199401,27115.03$0
Nov 199411081415.90$1,749
Oct 199422581215.58$3,506
Sep 199401,22615.29$0
Aug 199418393716.13$2,952
Jul 19941031,43417.56$1,809
Jun 19941851,66517.09$3,162
May 19941871,64915.88$2,970
Apr 199401,14414.14$0
Mar 19942541,27712.46$3,165
Feb 19941831,20112.50$2,288
Jan 199401,35912.66$0
Dec 19932011,55712.33$2,478
Nov 19931871,50814.49$2,710
Oct 1993691,80115.85$1,094
Sep 19931631,84315.03$2,450
Aug 19932612,01515.66$4,087
Jul 19931842,26515.46$2,845
Jun 19931831,92716.79$3,073
May 19931902,20717.68$3,359
Apr 19931862,80718.05$3,357
Mar 19931873,16818.14$3,392
Feb 19931873,72717.90$3,347
Jan 19933622,64716.93$6,129

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.

May 2014 — as filed, then multipliedworked
Oil                   15 bbl  × $ 94.73 =     $1,421
Casinghead gas         0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $1,421

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/21727 is the state's own key, not one this site invented.