KEILERS CO. INC.

Operated by OWS ENERGY, INC. (P-5 630000) 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 22387District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$588 k
Mar 1994 – Apr 2000
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
74
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

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
OilDisposition36,102 bbl$577,887
Casinghead gasProduction31,158 Mcf$9,671
Total$587,558

27,024 Mcf of this lease's gas, across 33 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 29.8411, -96.9987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.84110, -96.99866 · 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
13,778 ft
1 wells filed one
Completion to plug
5.9 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 13,778 ft.

Completions filed
Mar 1994
1 of 1 wells
Plug dates filed
Feb 2000
1 of 1 wells

Last completion to plug: a median of 5.9 years across the 1 well that filed both dates, with the middle half between 5.9 years and 5.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14932847113,778 ftMar 1994Feb 2000Yes

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 (74)

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

74 months

Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200062027.622.73$1,712
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998019.201.77$2
Nov 19981886410.892.19$2,187
Oct 199817810312.421.97$2,414
Sep 1998012112.592.08$252
Aug 199818211111.301.91$2,268
Jul 1998017311.742.24$387
Jun 199818115611.242.24$2,383
May 1998016612.622.21$366
Apr 199831817213.042.51$4,578
Mar 1998015812.802.31$365
Feb 1998014313.952.30$329
Jan 199818517714.702.15$3,101
Dec 199718420016.322.41$3,485
Nov 1997016718.193.09$516
Oct 199736719919.253.15$7,692
Sep 1997019817.742.95$585
Aug 199717821117.862.55$3,718
Jul 199717825517.582.25$3,702
Jun 1997019317.242.26$436
May 199735224918.972.31$7,252
Apr 1997026917.882.08$560
Mar 199718225318.951.94$3,940
Feb 199755639520.492.21$12,264
Jan 19970023.483.54$0
Dec 1996015523.32$0
Nov 1996012421.97$0
Oct 199635017423.31$8,159
Sep 199635411222.22$7,866
Aug 199634421420.26$6,969
Jul 19961819119.55$352
Jun 199634917618.73$6,537
May 19960019.43$0
Apr 199636468021.51$7,830
Mar 199635861919.38$6,938
Feb 199636756816.98$6,232
Jan 199636450217.07$6,213
Dec 199536153517.19$6,206
Nov 199537759116.00$6,032
Oct 199536163415.43$5,570
Sep 199535656916.18$5,760
Aug 199570960515.92$11,287
Jul 199535862715.24$5,456
Jun 199570569016.41$11,569
May 199571469817.56$12,538
Apr 199536176417.73$6,401
Mar 199589859216.44$14,763
Feb 199571268116.58$11,805
Jan 19951,0711,02915.92$17,050
Dec 199472037315.03$10,822
Nov 19941,07492515.90$17,077
Oct 19941,5971,04515.58$24,881
Sep 199471266815.29$10,886
Aug 19942,1322,00116.13$34,389
Jul 19941,7691,61317.56$31,064
Jun 19943,0561,82317.09$52,227
May 19943,5052,23515.88$55,659
Apr 19945,9083,71514.14$83,539
Mar 19942,4871,09612.46$30,988

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.

Feb 2000 — as filed, then multipliedworked
Oil                   62 bbl  × $ 27.62 =     $1,712
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                   $1,712

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/22387 is the state's own key, not one this site invented.