KEELING (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 26684District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$19.4 M
Nov 2012 – May 2026
Value, last 12 filed months
$285 k
at the published price for each month
Months reported
163
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
OilDisposition237,973 bbl$18,247,478
Casinghead gasProduction341,226 Mcf$1,144,303
Total$19,391,782

Every month this lease reported (163)

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

163 months

May 20261801,642106.413.05$24,155
Apr 20263741,59098.932.87$41,563
Mar 20261931,96589.753.15$23,510
Feb 20261881,89163.503.75$19,030
Jan 20263681,64359.138.00$34,900
Dec 202501,64356.664.41$7,251
Nov 20251921,58958.593.93$17,488
Oct 20253741,64259.383.30$27,635
Sep 20251891,58062.743.08$16,719
Aug 20253681,60063.933.01$28,350
Jul 20253291,62066.743.32$27,328
Jun 20251861,48566.483.13$17,011
May 20253491,33560.553.23$25,447
Apr 20251841,57262.363.54$17,044
Mar 20255561,63867.704.27$44,633
Feb 20251781,23570.884.34$17,978
Jan 20251871,86074.324.28$21,856
Dec 20243651,64568.993.12$30,316
Nov 20243751,57869.052.20$29,363
Oct 20243671,64571.372.28$29,946
Sep 20243601,59269.612.36$28,824
Aug 20245501,63675.632.06$44,973
Jul 20243691,64579.932.15$33,025
Jun 20243681,59178.082.63$32,924
May 20243781,66678.812.20$33,453
Apr 20243761,60084.451.66$34,408
Mar 20243651,80380.301.55$32,095
Feb 20243781,66376.091.78$31,728
Jan 20243831,59573.023.30$33,226
Dec 20233711,64371.262.61$30,727
Nov 20233801,59177.892.81$34,065
Oct 20233471,63985.443.09$34,708
Sep 20235101,59189.042.74$49,762
Aug 20233631,64380.522.67$33,620
Jul 20235491,63774.852.64$45,417
Jun 20231871,59168.962.26$16,489
May 20235831,64370.622.23$44,831
Apr 20233571,59178.122.24$31,449
Mar 20231801,63072.852.39$17,014
Feb 20233591,48575.112.47$30,626
Jan 20235121,88876.533.39$45,579
Dec 20225481,45676.415.73$50,214
Nov 20223601,78185.005.65$40,656
Oct 20223511,64387.185.86$40,234
Sep 20223641,59184.888.16$43,885
Aug 20225391,64394.529.13$65,942
Jul 20227071,643101.587.54$84,209
Jun 20223551,529115.097.98$53,054
May 20221831,643109.378.43$33,870
Apr 20225411,591104.226.84$67,262
Mar 20223641,634108.885.08$47,927
Feb 20223791,43291.054.86$41,466
Jan 20225601,60081.844.54$53,091
Dec 20215731,63471.323.90$47,238
Nov 20215781,57277.435.24$52,987
Oct 20215581,71379.795.71$54,311
Sep 20215681,59169.865.35$48,194
Aug 20213691,69266.024.22$31,503
Jul 20211891,84570.783.98$20,724
Jun 20211841,92169.493.38$19,280
May 20213871,90063.483.02$30,300
Apr 20213881,82260.362.76$28,446
Mar 20213462,12761.302.72$26,989
Feb 20211841,59057.805.55$19,456
Jan 20213771,88450.412.81$24,299
Dec 20203661,62544.642.68$20,686
Nov 20201851,15838.772.71$10,307
Oct 202002536.972.48$62
Sep 20203591,69237.091.99$16,684
Aug 20203551,60039.982.39$18,009
Jul 20205411,93838.371.83$24,295
Jun 20203641,95434.901.69$16,006
May 20200016.921.81$0
Apr 20203602,26314.751.80$9,393
Mar 20205252,15330.341.86$19,925
Feb 20203632,23649.881.98$22,535
Jan 20205431,78757.252.09$34,830
Dec 20193731,89959.012.30$26,387
Nov 20197292,13555.302.75$46,186
Oct 20195412,13353.472.42$34,086
Sep 20195311,99955.052.66$34,543
Aug 20195341,86653.112.30$32,661
Jul 20197111,70056.272.46$44,190
Jun 20195361,61652.782.49$32,316
May 20197161,77758.482.74$46,741
Apr 20195341,62362.632.75$37,909
Mar 20196961,70556.803.06$44,754
Feb 20195401,48550.852.79$31,605
Jan 20197281,74646.033.23$39,146
Dec 20187241,64046.594.19$40,595
Nov 20186991,60852.934.24$43,812
Oct 20187161,70061.443.40$49,768
Sep 20188901,58359.543.11$57,911
Aug 20188961,64559.403.07$58,267
Jul 20188801,64565.142.93$62,146
Jun 20188872,07460.183.08$59,761
May 20181,0513,26065.382.90$78,171
Apr 20188752,57163.842.90$63,318
Mar 20188882,87461.222.79$62,373
Feb 20189112,24061.782.77$62,478
Jan 20186992,52362.874.01$54,062
Dec 20171,0062,97657.272.92$66,308
Nov 20178572,14155.423.12$54,171
Oct 20175552,56849.292.98$35,018
Sep 20175191,58347.523.09$29,550
Aug 20171,1223,00245.373.00$59,924
Jul 20175682,42943.873.09$32,417
Jun 20171,1222,34842.493.09$54,923
May 20179583,42145.373.26$54,629
Apr 20171,3223,75747.933.21$75,429
Mar 20171,1194,67746.772.98$66,290
Feb 20171,1094,23650.452.95$68,456
Jan 20171,4465,02049.413.42$88,609
Dec 20168835,36248.763.72$63,017
Nov 20169494,02842.492.64$50,974
Oct 20169343,39446.193.09$53,630
Sep 20161,0723,29341.553.10$54,752
Aug 20161,0692,35941.442.92$51,198
Jul 20161,0972,04441.622.92$51,634
Jun 20161,2842,88045.352.69$65,965
May 20161,2852,95742.521.99$60,526
Apr 20161,0902,86836.561.99$45,561
Mar 20161,6083,44733.011.79$59,264
Feb 20161,1943,51126.472.06$38,851
Jan 20161,4113,25227.352.36$46,280
Dec 20151,8212,21432.362.00$63,359
Nov 20151,4342,05138.792.17$60,070
Oct 20152,0233,57143.552.43$96,767
Sep 20152,5013,74942.992.76$117,859
Aug 20151,8185,09840.162.87$87,655
Jul 20151,9652,79648.152.95$102,849
Jun 20152,1872,05456.152.88$128,721
May 20152,5473,85155.212.96$152,001
Apr 20152,6773,67149.822.71$143,304
Mar 20153,3381,51842.892.93$147,622
Feb 20152,7552,29344.662.98$129,863
Jan 20153,1831,80643.433.10$143,837
Dec 20142,13997554.693.59$120,483
Nov 20142,1471,93770.464.25$159,513
Oct 20142,7024,67778.303.90$229,811
Sep 20142,8885,08486.164.05$269,397
Aug 20142,6883,85589.394.04$255,836
Jul 20141,4251,41896.564.18$143,525
Jun 20141,8671,88798.164.74$192,203
May 20142,9632,20194.734.73$291,088
Apr 20143,0181,47595.944.81$296,640
Mar 20143,7852,08695.895.06$373,492
Feb 20144,1733,55297.406.19$428,444
Jan 20145,3933,80990.404.86$506,042
Dec 20135,06770591.824.35$468,322
Nov 20134,6251,20788.853.74$415,443
Oct 20135,9371,24297.423.78$583,077
Sep 20135,698844104.113.72$596,357
Aug 20136,3561,578104.253.52$668,172
Jul 20137,8632,206102.523.72$814,316
Jun 20137,9621,78194.403.93$758,618
May 20137,0451,92194.834.15$676,048
Apr 20133,6436993.964.28$342,592
Mar 20139,5862,76193.623.91$908,245
Feb 20133,91396691.233.42$360,287
Jan 201314,5212,97091.603.42$1,340,281
Dec 201221,8165,07986.773.42$1,910,345
Nov 20120086.953.62$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                  180 bbl  × $106.41 =    $19,154
Casinghead gas     1,642 Mcf  × $  3.05 =     $5,001

────────────────────────────────────────────────────
Month total                                  $24,155

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/26684 is the state's own key, not one this site invented.