KEELING-GRESHAM (ALLOCATION)

Operated by TRAILBLAZER ENERGY RESOURCES,LLC (P-5 100797) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26546District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$13.9 M
Apr 2013 – May 2026
Value, last 12 filed months
$254 k
at the published price for each month
Months reported
158
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 186 leases and 416 wells, and the rule below applies to all of them.

Discovered
1964-05-02
as the register files it
Field class
Oil
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 2010-12-14.

The Commission's schedule remark for this field reads: NOT GO TO 160 , ALLOCATION FORMULA REMAINS 100% WELL

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
OilDisposition177,845 bbl$13,311,906
Casinghead gasProduction166,398 Mcf$584,448
Total$13,896,354

Every month this lease reported (158)

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

158 months

May 20263601,034106.413.05$41,457
Apr 202618588998.932.87$20,853
Mar 202618585389.753.15$19,290
Feb 202625776063.503.75$19,170
Jan 202637483759.138.00$28,809
Dec 2025083756.664.41$3,694
Nov 202518581058.593.93$14,020
Oct 202537583759.383.30$25,034
Sep 202518580162.743.08$14,072
Aug 202536680763.933.01$25,831
Jul 202536582166.743.32$27,082
Jun 202518779566.483.13$14,919
May 202536681860.553.23$24,805
Apr 202534779462.363.54$24,452
Mar 202518582467.704.27$16,042
Feb 202518671370.884.34$16,279
Jan 202518265674.324.28$16,333
Dec 202437282968.993.12$28,252
Nov 202436579769.052.20$26,955
Oct 202437882471.372.28$28,858
Sep 202418880869.612.36$14,997
Aug 202437682275.632.06$30,133
Jul 202435882979.932.15$30,394
Jun 202436081378.082.63$30,250
May 2024082078.812.20$1,803
Apr 202419079484.451.66$17,363
Mar 202418482080.301.55$16,042
Feb 202419176876.091.78$15,903
Jan 202417364273.023.30$14,750
Dec 202338478971.262.61$29,424
Nov 202318379677.892.81$16,489
Oct 202335881185.443.09$33,091
Sep 20235431,01789.042.74$51,130
Aug 20233551,14180.522.67$31,634
Jul 202318882074.852.64$16,238
Jun 202335579368.962.26$26,272
May 202335182070.622.23$26,614
Apr 202317779378.122.24$15,602
Mar 202337582072.852.39$29,281
Feb 202336074175.112.47$28,867
Jan 202318182076.533.39$16,630
Dec 202236171476.415.73$31,675
Nov 202238378985.005.65$37,010
Oct 202218375587.185.86$20,381
Sep 202237085184.888.16$38,353
Aug 202236781394.529.13$42,109
Jul 2022369822101.587.54$43,683
Jun 2022369542115.097.98$46,792
May 2022344489109.378.43$41,747
Apr 2022368853104.226.84$44,185
Mar 20223651,158108.885.08$45,620
Feb 20225661,02091.054.86$56,490
Jan 20223711,15981.844.54$35,622
Dec 202155799471.323.90$43,601
Nov 202136778677.435.24$32,533
Oct 202155382079.795.71$48,809
Sep 202136791869.865.35$30,551
Aug 202154884666.024.22$39,750
Jul 202137286070.783.98$29,755
Jun 202136481769.493.38$28,056
May 202156381463.483.02$38,196
Apr 202154979360.362.76$35,325
Mar 202137282961.302.72$25,056
Feb 202118647757.805.55$13,397
Jan 202157380250.412.81$31,139
Dec 202037480244.642.68$18,841
Nov 2020334938.772.71$1,061
Oct 20200336.972.48$7
Sep 202054077937.091.99$21,580
Aug 202054191739.982.39$23,816
Jul 20203581,01238.371.83$15,583
Jun 202053979434.901.69$20,153
May 20200016.921.81$0
Apr 202036178614.751.80$6,743
Mar 202053886530.341.86$17,929
Feb 202037078749.881.98$20,014
Jan 202054783057.252.09$33,054
Dec 201954881659.012.30$34,218
Nov 201955179455.302.75$32,654
Oct 20195491,01653.472.42$31,812
Sep 201951699455.052.66$31,047
Aug 20198881,37253.112.30$50,323
Jul 20197101,54156.272.46$43,743
Jun 20197211,29652.782.49$41,283
May 201953789658.482.74$33,859
Apr 20197171,00662.632.75$47,673
Mar 20199141,08356.803.06$55,231
Feb 20195451,03250.852.79$30,595
Jan 201971999446.033.23$36,304
Dec 201871621946.594.19$34,275
Nov 20187201,09452.934.24$42,745
Oct 20188951,19861.443.40$59,060
Sep 20181,0821,07359.543.11$67,757
Aug 20181,0551,15559.403.07$66,209
Jul 20187071,60165.142.93$50,748
Jun 20185351,22660.183.08$35,969
May 20185271,56065.382.90$38,981
Apr 20188871,43663.842.90$60,792
Mar 20181,2361,48161.222.79$79,795
Feb 20181,0571,52861.782.77$69,528
Jan 20188621,69062.874.01$60,970
Dec 20178551,36557.272.92$52,954
Nov 20171,5611,63855.423.12$91,618
Oct 20171,3191,66649.292.98$69,984
Sep 20171,4351,58247.523.09$73,075
Aug 20171,7011,60245.373.00$81,987
Jul 20171,7201,94943.873.09$81,474
Jun 20172,2422,40442.493.09$102,684
May 20171,7211,88645.373.26$84,237
Apr 20177501,24647.933.21$39,949
Mar 20179101,04246.772.98$45,670
Feb 201737853050.452.95$20,635
Jan 20171,08099449.413.42$56,761
Dec 20161,0621,64148.763.72$57,892
Nov 20161,0981,48642.492.64$50,584
Oct 20161,2841,50346.193.09$63,953
Sep 20161,0661,48041.553.10$48,881
Aug 20161,26498441.442.92$55,258
Jul 20161,27945841.622.92$54,571
Jun 20161,50349545.352.69$69,491
May 20161,45354842.521.99$62,873
Apr 20161,07140436.561.99$39,960
Mar 201688255933.011.79$30,118
Feb 20161,06344026.472.06$29,046
Jan 20161,22839927.352.36$34,529
Dec 20151,08841332.362.00$36,034
Nov 20151,09037038.792.17$43,083
Oct 20151,10034243.552.43$48,735
Sep 20151,62937442.992.76$71,062
Aug 20151,45043640.162.87$59,484
Jul 20151,42053048.152.95$69,934
Jun 20151,26560356.152.88$72,768
May 20151,45150355.212.96$81,596
Apr 20151,02041249.822.71$51,932
Mar 201588048842.892.93$39,175
Feb 201580350844.662.98$37,374
Jan 20151,44498743.433.10$65,773
Dec 20141,9791,61154.693.59$114,017
Nov 20142,3411,90370.464.25$173,038
Oct 20142,7482,00778.303.90$222,998
Sep 20141,46311286.164.05$126,505
Aug 20144,3054,14589.394.04$401,550
Jul 20144,2703,55896.564.18$427,182
Jun 20142,1291,66398.164.74$216,860
May 20143,1792,31094.734.73$312,065
Apr 20143,7341,99195.944.81$367,815
Mar 20143,8391,95895.895.06$378,023
Feb 20143,4571,74197.406.19$347,492
Jan 20143,8691,53290.404.86$357,204
Dec 20132,12686491.824.35$198,972
Nov 20132,9671,02888.853.74$267,461
Oct 20133,7891,61597.423.78$375,228
Sep 20139,8904,989104.113.72$1,048,196
Aug 20135,5572,058104.253.52$586,567
Jul 20139,5003,159102.523.72$985,684
Jun 201312,3132,71894.403.93$1,173,038
May 20136,4381,81094.834.15$618,025
Apr 20130093.964.28$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 2026 — as filed, then multipliedworked
Oil                  360 bbl  × $106.41 =    $38,308
Casinghead gas     1,034 Mcf  × $  3.05 =     $3,149

────────────────────────────────────────────────────
Month total                                  $41,457

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/26546 is the state's own key, not one this site invented.