KEITH & DOWLEN

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAUMONT, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 303District 03Field 06532001NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.8 M
Jan 1993 – May 2004
Value, last 12 filed months
$283 k
at the published price for each month
Months reported
137
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 15 leases and 79 wells, and the rule below applies to all of them.

Discovered
1936-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2001-10-23.

The Commission's schedule remark for this field reads: CONSOLIDATED INTO BEAUMONT, WEST (CONSOLIDATED)

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA7none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition278,857 bbl$5,413,562
Casinghead gasProduction464,473 Mcf$346,636
Total$5,760,198

343,753 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.

Wells on this lease (30)

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 30.0992, -94.1742. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.09857, -94.17444 · 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%
30 of 30 wells
With a plug date
90.0%
27 of 30 wells
Median depth
6,130 ft
28 wells filed one
Completion to plug
7.0 years
median over 21 wells

What the state filed about each well

On the RRC proration schedule
30100.0%
A plug date is filed
2790.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2790.0%
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

Total depth in feet, 28 of 30 wells. Median 6,130 ft, with the middle half between 5,828 and 7,591 ft; the shallowest is 5,373 ft and the deepest 8,903 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 22 of 30 wells, Apr 1961 – Feb 2015. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1961 – Feb 2015
22 of 30 wells; 8 filed none
Plug dates filed
Feb 1980 – Mar 2017
27 of 30 wells; 3 filed none

Last completion to plug: a median of 7.0 years across the 21 wells that filed both dates, with the middle half between 3.8 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

30 wells

42-2450026385,925 ftFeb 1980Yes
42-2450026510Yes
42-2450026712Yes
42-24500268135,381 ftAug 1989Yes
42-24500270155,392 ftAug 1989Yes
42-24500271166,000 ftNov 1993Yes
42-24500272177,700 ftMar 2017Yes
42-24500274195,977 ftAug 1989Yes
42-24500276216,130 ftFeb 2015Feb 2017Yes
42-24531930357,650 ftFeb 2015Mar 2017Yes
42-24531231286,200 ftJan 2010Jan 2017Yes
42-24531226276,200 ftSep 2009Feb 2017Yes
42-24532156398,136 ftJul 2009Feb 2017Yes
42-24532133387,571 ftJun 2009Feb 2017Yes
42-24503366248,610 ftMar 2009Feb 2017Yes
42-24531832336,110 ftAug 2004Feb 2017Yes
42-2450025835,382 ftMar 2001Feb 2017Yes
42-24532121377,823 ftMar 2001Feb 2017Yes
42-24531646315,500 ftJul 1998Dec 2003Yes
42-24531617305,535 ftJul 1998Feb 2017Yes
42-24530339267,804 ftFeb 1998Feb 2000Yes
42-24531929346,161 ftAug 1997Feb 2017Yes
42-24500275206,130 ftJun 1995Feb 2000Yes
42-24530012256,130 ftDec 1993Nov 1995Yes
42-24503026236,130 ftOct 1988Nov 1993Yes
42-2450302522 L6,112 ftMay 1987Nov 1993Yes
42-2458148455,373 ftMar 1986Sep 1989Yes
42-24500266115,415 ftFeb 1980Dec 1983Yes
42-2450026914 T8,903 ftMar 1964Yes
42-24500273185,950 ftApr 1961Oct 1995Yes

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 (137)

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

137 months

May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20041,338032.036.30$42,856
Dec 20031,258030.266.30$38,067
Nov 20031,033028.804.60$29,750
Oct 20031,218028.174.76$34,311
Sep 20031,206026.314.75$31,730
Aug 20031,038029.765.13$30,891
Jul 20031,300029.415.17$38,233
Jun 20031,317028.565.98$37,614
May 20031,106026.595.97$29,409
Apr 20031,259026.675.41$33,578
Mar 20031,448031.146.10$45,091
Feb 20031,246033.487.93$41,716
Jan 20031,444030.315.58$43,768
Dec 20021,337026.914.85$35,979
Nov 20021,448024.664.14$35,708
Oct 20021,351026.464.23$35,747
Sep 20021,322027.443.64$36,276
Aug 20021,407025.963.16$36,526
Jul 20021,346724.583.06$33,106
Jun 20021,726023.733.34$40,958
May 20021,346024.663.58$33,192
Apr 20021,562023.653.51$36,941
Mar 20021,710022.003.10$37,620
Feb 20021,455018.222.38$26,510
Jan 20021,5481717.172.38$26,620
Dec 20011,912016.932.36$32,370
Nov 20011,608018.072.41$29,057
Oct 20011,504019.782.53$29,749
Sep 20011,288024.262.25$31,247
Aug 20011,665024.873.05$41,409
Jul 20011,906023.933.20$45,611
Jun 20011,965024.563.82$48,260
May 20011,860025.524.31$47,467
Apr 20011,824024.685.34$45,016
Mar 20012,409024.545.38$59,117
Feb 20011,827027.755.77$50,699
Jan 20011,982027.478.40$54,446
Dec 20001,998026.889.12$53,706
Nov 20001,523032.215.66$49,056
Oct 20001,775031.235.15$55,433
Sep 20001,511031.875.19$48,156
Aug 20001,0477,47229.644.54$64,962
Jul 20001,8264,80728.534.09$71,755
Jun 20001,9091,51329.304.40$62,587
May 20002,29368927.263.68$65,043
Apr 20002,0862,96624.513.12$60,370
Mar 20002,6712,23628.422.86$82,304
Feb 20001,7332,40927.622.73$54,434
Jan 20002,1221,54725.272.48$57,460
Dec 19991,9132,70824.282.42$53,011
Nov 19991,9762,91923.192.43$52,928
Oct 19992,1713,56320.982.80$55,537
Sep 19991,9424,49921.752.62$54,021
Aug 19992,1793,41819.262.88$51,796
Jul 19991,6994,20217.892.37$40,364
Jun 19991,4563,71215.942.36$31,977
May 19991,9751,83615.792.32$35,447
Apr 19991,4382,00215.102.21$26,134
Mar 19991,731012.471.84$21,586
Feb 19991,77909.981.82$17,754
Jan 19992,506010.381.90$26,012
Dec 19982,54509.201.77$23,414
Nov 19982,384010.892.19$25,962
Oct 19982,667012.421.97$33,124
Sep 19981,3593,04712.592.08$23,456
Aug 19981,200011.301.91$13,560
Jul 19981,143011.742.24$13,419
Jun 19981,01917,50211.242.24$50,610
May 19981,2996,11012.622.21$29,874
Apr 19981,52812,78813.042.51$51,963
Mar 19981,496012.802.31$19,149
Feb 19981,352013.952.30$18,860
Jan 19981,7723,39814.702.15$33,370
Dec 19971,304016.322.41$21,281
Nov 19971,669018.193.09$30,359
Oct 19971,3721,09519.253.15$29,860
Sep 19971,4291,01117.742.95$28,338
Aug 19971,5721,05017.862.55$30,758
Jul 19971,47374617.582.25$27,572
Jun 19972,998017.242.26$51,686
May 19973,096018.972.31$58,731
Apr 19973,044017.882.08$54,427
Mar 19972,857018.951.94$54,140
Feb 19972,897020.492.21$59,360
Jan 19973,16321,45123.483.54$150,197
Dec 19963,20115,20023.32$74,647
Nov 19962,64812,00921.97$58,177
Oct 19962,5727,54023.31$59,953
Sep 19961,83916,63922.22$40,863
Aug 19962,34021,63720.26$47,408
Jul 19962,86411,22119.55$55,991
Jun 19963,0037,55518.73$56,246
May 19963,3785,19519.43$65,635
Apr 19963,5304,81721.51$75,930
Mar 19963,217019.38$62,345
Feb 19963,4229,32016.98$58,106
Jan 19963,28918,34217.07$56,143
Dec 19953,11213,27417.19$53,495
Nov 19953,90813,50916.00$62,528
Oct 19953,8577,24515.43$59,514
Sep 19954,2877,10616.18$69,364
Aug 19953,74910,60515.92$59,684
Jul 19953,7423,70215.24$57,028
Jun 19952,448016.41$40,172
May 19952,685017.56$47,149
Apr 19952,2691,88417.73$40,229
Mar 19952,1018,57816.44$34,540
Feb 19952,3005,61516.58$38,134
Jan 19952,4506,66715.92$39,004
Dec 19942,8388,34415.03$42,655
Nov 19942,7117,01115.90$43,105
Oct 19943,1791,36615.58$49,529
Sep 19943,00710915.29$45,977
Aug 19942,1236,92316.13$34,244
Jul 19941,9258,97517.56$33,803
Jun 19942,4096,46317.09$41,170
May 19942,0703,59415.88$32,872
Apr 19941,86010,11814.14$26,300
Mar 19942,1009,62312.46$26,166
Feb 19942,1716,27912.50$27,138
Jan 19942,9316,23212.66$37,106
Dec 19932,9261,76012.33$36,078
Nov 19931,965114.49$28,473
Oct 19932,9311,22715.85$46,456
Sep 19935,6591,99515.03$85,055
Aug 19931,9272,42715.66$30,177
Jul 19932,2296,04215.46$34,460
Jun 19932,3058,56716.79$38,701
May 19932,93211,12417.68$51,838
Apr 19931,72911,18018.05$31,208
Mar 19931,7135,64818.14$31,074
Feb 19931,6544,96817.90$29,607
Jan 19931,9366,11716.93$32,776

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.

Jan 2004 — as filed, then multipliedworked
Oil                1,338 bbl  × $ 32.03 =    $42,856
Casinghead gas         0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                  $42,856

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/303 is the state's own key, not one this site invented.