KELLY "C"

Operated by DIGITAL OPERATING COMPANY LLC (P-5 218314) 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 21947District 03Field 82265500OilCasinghead gasSaveExport
Value, all time
$769 k
Mar 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
399
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
OilDisposition14,648 bbl$411,298
Casinghead gasProduction133,064 Mcf$357,212
Total$768,510

55,595 Mcf of this lease's gas, across 45 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 (399)

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

399 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 201728045.373.26$1,270
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 20150455.212.96$12
Apr 201501249.822.71$32
Mar 201503142.892.93$91
Feb 201502344.662.98$68
Jan 201502843.433.10$87
Dec 201404254.693.59$151
Nov 201406770.464.25$285
Oct 201408578.303.90$332
Sep 201409086.164.05$364
Aug 2014010689.394.04$428
Jul 2014010296.564.18$426
Jun 2014010098.164.74$474
May 2014010994.734.73$515
Apr 20140095.944.81$0
Mar 201496095.895.06$9,205
Feb 20144511297.406.19$5,077
Jan 2014014390.404.86$695
Dec 2013014891.824.35$644
Nov 2013015488.853.74$576
Oct 2013017497.423.78$658
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20130162102.523.72$602
Jun 20130094.403.93$0
May 2013020594.834.15$851
Apr 201310211593.964.28$10,076
Mar 2013017593.623.91$685
Feb 20130091.233.42$0
Jan 2013019891.603.42$677
Dec 2012020186.773.42$687
Nov 20123717986.953.62$3,866
Oct 2012018589.383.40$629
Sep 2012015794.672.92$458
Aug 2012015292.662.91$442
Jul 20124317885.133.02$4,198
Jun 2012014679.822.52$368
May 20125619991.612.49$5,625
Apr 20120198101.652.00$395
Mar 201231188105.052.22$3,674
Feb 20120188101.102.57$483
Jan 2012020098.092.73$547
Dec 2011020496.873.24$661
Nov 201140095.723.31$3,829
Oct 2011019784.983.65$719
Sep 20113118483.623.99$3,326
Aug 2011019783.404.15$817
Jul 20115019894.144.52$5,601
Jun 2011019092.904.64$882
May 2011019498.134.40$855
Apr 201138197105.964.33$4,880
Mar 2011020596.364.06$832
Feb 20116218885.644.18$6,096
Jan 2011021786.504.59$996
Dec 20102020885.734.35$2,619
Nov 20104220780.843.80$4,181
Oct 2010022278.103.51$779
Sep 2010021972.633.98$872
Aug 20101422073.684.42$2,004
Jul 20102022972.554.74$2,536
Jun 20102321970.364.91$2,694
May 20102526771.124.24$2,909
Apr 20101814281.694.12$2,056
Mar 20102123378.394.39$2,669
Feb 20104223373.585.44$4,358
Jan 2010030774.365.96$1,831
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20095922772.544.11$5,213
Sep 2009023665.543.06$723
Aug 2009023767.423.22$763
Jul 20094326761.133.46$3,554
Jun 2009014566.163.90$565
May 2009010854.743.93$424
Apr 2009179746.773.59$1,143
Mar 2009013142.144.06$532
Feb 20096513132.814.63$2,740
Jan 2009024435.865.37$1,311
Dec 2008027637.105.98$1,650
Nov 2008023555.496.86$1,612
Oct 20086525375.246.92$6,642
Sep 20080188101.767.88$1,481
Aug 20080244114.228.48$2,070
Jul 200869287131.0811.39$12,313
Jun 20080264131.3313.03$3,441
May 200845365123.1711.57$9,767
Apr 200841365110.3110.45$8,339
Mar 20080384101.909.66$3,711
Feb 20086437592.538.77$9,211
Jan 2008046890.388.21$3,840
Dec 20074724388.337.30$5,926
Nov 2007024691.677.29$1,794
Oct 20077155582.856.92$9,724
Sep 2007055575.846.24$3,466
Aug 2007057769.066.39$3,686
Jul 20078672070.906.39$10,697
Jun 2007040762.007.55$3,072
May 2007039858.747.85$3,123
Apr 20075062859.617.81$7,882
Mar 2007062856.927.30$4,586
Feb 20076638655.108.22$6,808
Jan 2007049850.306.73$3,350
Dec 200614557156.656.92$12,165
Nov 2006047154.207.62$3,588
Oct 20067053354.906.01$7,048
Sep 2006055160.085.04$2,776
Aug 2006053768.717.34$3,942
Jul 2006050069.376.34$3,171
Jun 2006033066.286.38$2,107
May 200611722766.016.42$9,182
Apr 2006035664.397.36$2,620
Mar 2006030456.707.08$2,153
Feb 2006012257.597.75$946
Jan 2006022260.598.93$1,983
Dec 20059621354.9413.42$8,132
Nov 2005028654.6910.59$3,028
Oct 2005032758.3413.80$4,511
Sep 20055134161.4512.08$7,253
Aug 2005036061.519.80$3,527
Jul 20053129655.697.84$4,048
Jun 20054033652.337.38$4,573
May 20055824845.226.65$4,272
Apr 2005034849.207.36$2,561
Mar 20059532650.377.15$7,118
Feb 2005032645.226.31$2,058
Jan 20050043.166.32$0
Dec 20048935039.866.75$5,910
Nov 2004034445.286.33$2,178
Oct 2004036649.706.52$2,385
Sep 20048631743.245.28$5,394
Aug 2004032142.375.55$1,782
Jul 2004036338.286.08$2,209
Jun 2004039136.106.43$2,515
May 200410043837.486.49$6,593
Apr 2004039334.475.86$2,302
Mar 2004044534.365.53$2,461
Feb 20048239632.455.51$4,843
Jan 2004038632.036.30$2,432
Dec 20036243030.266.30$4,586
Nov 2003042828.804.60$1,967
Oct 20039252928.174.76$5,109
Sep 2003045126.314.75$2,142
Aug 20038343029.765.13$4,676
Jul 2003039629.415.17$2,048
Jun 20038639128.565.98$4,796
May 2003039126.595.97$2,335
Apr 20039041726.675.41$4,655
Mar 2003042031.146.10$2,560
Feb 20038736033.487.93$5,766
Jan 2003043030.315.58$2,400
Dec 20028542826.914.85$4,365
Nov 2002037224.664.14$1,539
Oct 200210140926.464.23$4,402
Sep 2002036627.443.64$1,330
Aug 2002037625.963.16$1,190
Jul 200213936924.583.06$4,546
Jun 2002035023.733.34$1,168
May 2002037124.663.58$1,330
Apr 2002037623.653.51$1,321
Mar 20029740522.003.10$3,391
Feb 2002038518.222.38$915
Jan 200210746217.172.38$2,935
Dec 2001045516.932.36$1,076
Nov 20019245418.072.41$2,755
Oct 2001040719.782.53$1,029
Sep 20016448124.262.25$2,636
Aug 20018649224.873.05$3,641
Jul 2001041723.933.20$1,333
Jun 200111140724.563.82$4,283
May 2001045825.524.31$1,973
Apr 20019133624.685.34$4,039
Mar 2001043824.545.38$2,355
Feb 20018930127.755.77$4,206
Jan 2001046227.478.40$3,880
Dec 20005454126.889.12$6,387
Nov 20006257832.215.66$5,267
Oct 200013263131.235.15$7,369
Sep 2000052731.875.19$2,733
Aug 20006454029.644.54$4,349
Jul 20009251828.534.09$4,743
Jun 2000050829.304.40$2,234
May 20005552527.263.68$3,431
Apr 20008163324.513.12$3,958
Mar 2000031428.422.86$898
Feb 200011452627.622.73$4,583
Jan 20007858625.272.48$3,425
Dec 1999051324.282.42$1,243
Nov 199912754723.192.43$4,277
Oct 1999256520.982.80$1,626
Sep 19998058221.752.62$3,264
Aug 19999361319.262.88$3,554
Jul 1999056517.892.37$1,340
Jun 19995658115.942.36$2,265
May 19995659815.792.32$2,272
Apr 199915262915.102.21$3,684
Mar 19997268712.471.84$2,161
Feb 199906359.981.82$1,154
Jan 199918866910.381.90$3,223
Dec 199817039.201.77$1,256
Nov 1998168910.892.19$1,517
Oct 19988566112.421.97$2,357
Sep 19988371012.592.08$2,524
Aug 199810270211.301.91$2,492
Jul 199812070611.742.24$2,988
Jun 19986866911.242.24$2,261
May 19985367012.622.21$2,147
Apr 199814466213.042.51$3,536
Mar 199818568012.802.31$3,938
Feb 1998958913.952.30$1,480
Jan 1998851714.702.15$1,232
Dec 199717355616.322.41$4,164
Nov 1997650418.193.09$1,666
Oct 199710652319.253.15$3,688
Sep 19977364917.742.95$3,213
Aug 199714171717.862.55$4,350
Jul 199719871817.582.25$5,094
Jun 19971370217.242.26$1,809
May 199718871918.972.31$5,226
Apr 199720063417.882.08$4,896
Mar 19971062018.951.94$1,392
Feb 1997860220.492.21$1,492
Jan 199719566423.483.54$6,929
Dec 1996064923.32$0
Nov 199618062421.97$3,955
Oct 1996067723.31$0
Sep 199611469222.22$2,533
Aug 199617973820.26$3,627
Jul 1996060619.55$0
Jun 199618749518.73$3,503
May 1996074519.43$0
Apr 199616284221.51$3,485
Mar 199610387719.38$1,996
Feb 199617981616.98$3,039
Jan 19966785117.07$1,144
Dec 199516182617.19$2,768
Nov 19951861,13916.00$2,976
Oct 199518693615.43$2,870
Sep 1995083416.18$0
Aug 199518183715.92$2,882
Jul 19951861,21015.24$2,835
Jun 19951871,22016.41$3,069
May 19951831,00217.56$3,213
Apr 199501,23117.73$0
Mar 19951141,38516.44$1,874
Feb 199520487216.58$3,382
Jan 19951871,31815.92$2,977
Dec 1994721,52315.03$1,082
Nov 19941991,02915.90$3,164
Oct 1994109015.58$1,698
Sep 19941341,10315.29$2,049
Aug 19941861,56716.13$3,000
Jul 19941631,02717.56$2,862
Jun 19941031,16017.09$1,760
May 19941701,38915.88$2,700
Apr 19941561,19314.14$2,206
Mar 19941691,42112.46$2,106
Feb 19941851,22112.50$2,313
Jan 1994941,63512.66$1,190
Dec 19931851,69112.33$2,281
Nov 19931672,39314.49$2,420
Oct 19931751,72815.85$2,774
Sep 19931861,62515.03$2,796
Aug 19932622,46415.66$4,103
Jul 19932202,34415.46$3,401
Jun 19931832,42816.79$3,073
May 19931902,08517.68$3,359
Apr 19933722,86118.05$6,715
Mar 1993028618.14$0

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 2017 — as filed, then multipliedworked
Oil                   28 bbl  × $ 45.37 =     $1,270
Casinghead gas         0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $1,270

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/21947 is the state's own key, not one this site invented.