FREEBORN

Operated by KEBO OIL & GAS, INC. (P-5 453170) in the ALICE (2670 HET) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 252520District 04Field 01514182CondensateGasSaveExport
Value, all time
$610 k
Jul 2009 – Sep 2017
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
99
no gaps in the span
Streams
2
condensate, 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1956-10-20
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition57 bbl$2,709
GasProduction146,693 Mcf$606,859
Total$609,568

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 27.9308, -98.1617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.93077, -98.16170 · 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
6,841 ft
1 wells filed one
Completion to plug
6.8 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 6,841 ft.

Completions filed
Jul 2009
1 of 1 wells
Plug dates filed
Apr 2016
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2493254716,841 ftJul 2009Apr 2016Yes

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 (99)

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

99 months

Sep 201757047.523.09$2,709
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
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 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014042896.564.18$1,789
Jun 201401,00298.164.74$4,746
May 201401,07594.734.73$5,081
Apr 2014092595.944.81$4,448
Mar 201401,02495.895.06$5,178
Feb 2014094697.406.19$5,858
Jan 201401,11690.404.86$5,425
Dec 201301,08791.824.35$4,733
Nov 2013030188.853.74$1,125
Oct 2013015097.423.78$567
Sep 20130104104.113.72$387
Aug 20130521104.253.52$1,835
Jul 20130866102.523.72$3,220
Jun 2013042994.403.93$1,687
May 2013056494.834.15$2,340
Apr 2013058693.964.28$2,510
Mar 2013053993.623.91$2,109
Feb 2013064691.233.42$2,209
Jan 201301,01591.603.42$3,471
Dec 201201,14486.773.42$3,913
Nov 2012098486.953.62$3,567
Oct 201201,15789.383.40$3,933
Sep 201201,45794.672.92$4,252
Aug 201202,12092.662.91$6,165
Jul 201202,31685.133.02$6,996
Jun 201202,61679.822.52$6,590
May 201203,31591.612.49$8,249
Apr 201201,583101.652.00$3,161
Mar 201201,920105.052.22$4,266
Feb 201201,863101.102.57$4,788
Jan 201201,96198.092.73$5,362
Dec 201102,07796.873.24$6,729
Nov 201102,18395.723.31$7,229
Oct 201102,36384.983.65$8,622
Sep 201102,33183.623.99$9,291
Aug 201102,61583.404.15$10,850
Jul 201103,66394.144.52$16,547
Jun 201104,99592.904.64$23,176
May 201103,65098.134.40$16,078
Apr 201103,553105.964.33$15,396
Mar 201104,10996.364.06$16,672
Feb 201104,19785.644.18$17,543
Jan 201104,69086.504.59$21,521
Dec 201005,09885.734.35$22,165
Nov 201005,47480.843.80$20,776
Oct 201006,02978.103.51$21,155
Sep 201006,28672.633.98$25,015
Aug 201007,08473.684.42$31,307
Jul 201004,68672.554.74$22,195
Jun 201004,68970.364.91$23,025
May 201005,49171.124.24$23,256
Apr 201005,74781.694.12$23,693
Mar 201006,68878.394.39$29,351
Feb 201006,95373.585.44$37,841
Jan 201006,28274.365.96$37,466
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$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.

Sep 2017 — as filed, then multipliedworked
Condensate            57 bbl  × $ 47.52 =     $2,709
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $2,709

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. 04/G/252520 is the state's own key, not one this site invented.