KELSEY UNIT

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the KELSEY, DEEP (ZONE 17-B, N) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5503District 04Field 48631192NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.1 M
Jan 1993 – Aug 2000
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
92
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 1 leases and 17 wells, and the rule below applies to all of them.

Discovered
1945-06-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1945-12-10.

The Commission's schedule remark for this field reads: (FRIO CONSOL) FIELD 48630030 EFFECTIVE 2-1-00.

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
NGPA1none

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
OilDisposition170,543 bbl$2,736,563
Casinghead gasProduction228,680 Mcf$317,713
Total$3,054,275

91,311 Mcf of this lease's gas, across 36 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 (17)

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 26.8329, -98.3974. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles. 2 wells have no surveyed location and are left out of it.

26.83461, -98.39741 · centre of 15 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%
17 of 17 wells
With a plug date
82.4%
14 of 17 wells
Median depth
6,418 ft
16 wells filed one
Completion to plug
13.4 years
median over 11 wells

What the state filed about each well

On the RRC proration schedule
17100.0%
A plug date is filed
1482.4%
BothOn the schedule and plugged. Neither fact cancels the other.
1482.4%
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, 16 of 17 wells. Median 6,418 ft, with the middle half between 6,286 and 6,750 ft; the shallowest is 6,080 ft and the deepest 7,248 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, 13 of 17 wells, Aug 1963 – Dec 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1963 – Dec 2020
13 of 17 wells; 4 filed none
Plug dates filed
Jul 1976 – Jan 2011
14 of 17 wells; 3 filed none

Last completion to plug: a median of 13.4 years across the 11 wells that filed both dates, with the middle half between 7.3 years and 16.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

17 wells

42-04700937S 18MC6,752 ftDec 1993Yes
42-04701383G 3 S6,230 ftJul 1976Yes
42-24780214M375 FYes
42-04700958S 30M6,750 ftDec 2020Yes
42-04700988M 95 C7,248 ftJan 2002Feb 2009Yes
42-04700993M2216,400 ftAug 1994Jan 2011Yes
42-04730176S 43 M6,425 ftDec 1993Oct 1995Yes
42-04700962S 28M6,516 ftNov 1993Oct 2010Yes
42-04701449S 38MD6,125 ftOct 1993Jan 2004Yes
42-04701015M100 C6,635 ftSep 1993Dec 1993Yes
42-04701624M386 F6,400 ftMar 1991Aug 2004Yes
42-04700945S 20MF6,750 ftAug 1979Jan 1987Yes
42-04701009M201 C6,410 ftNov 1975Oct 2001Yes
42-04700995M 84 C6,080 ftJun 1969Sep 2010Yes
42-04701447M 19EH6,305 ftSep 1963Dec 1979Yes
42-04700448S 37MH6,185 ftAug 1963Yes
42-04700938S 29M6,750 ft1953May 2005Yes

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 (92)

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

92 months

Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19997151,50624.282.42$21,010
Nov 19997651,42723.192.43$21,214
Oct 19996881,34920.982.80$18,216
Sep 19991,1541,26821.752.62$28,420
Aug 199986952619.262.88$18,250
Jul 199989274217.892.37$17,718
Jun 199975361415.942.36$13,453
May 19997191815.792.32$11,395
Apr 19999024,83315.102.21$24,292
Mar 19999695,55912.471.84$22,303
Feb 19997923,3799.981.82$14,046
Jan 19998485,45910.381.90$19,174
Dec 19981,6465,2399.201.77$24,434
Nov 19981,5393,41010.892.19$24,213
Oct 19981,8883,54612.421.97$30,432
Sep 19981,6783,25112.592.08$27,897
Aug 19981,9604,44911.301.91$30,634
Jul 19981,8633,71611.742.24$30,185
Jun 19982,0654,80011.242.24$33,950
May 19982,0314,23912.622.21$34,984
Apr 19981,3863,47313.042.51$26,774
Mar 19981,76612,63012.802.31$51,773
Feb 19981,5306,20513.952.30$35,610
Jan 19981,8665,15014.702.15$38,527
Dec 19971,2264,41016.322.41$30,641
Nov 19971,77947718.193.09$33,833
Oct 19971,6427,76319.253.15$56,061
Sep 19971,5974,24217.742.95$40,865
Aug 19971,5203,46117.862.55$35,989
Jul 19971,4731,83017.582.25$30,007
Jun 19971,6026,84117.242.26$43,060
May 19971,5373,17618.972.31$36,489
Apr 19972,2304,22217.882.08$48,666
Mar 19971,3283,03418.951.94$31,049
Feb 19971,5366,13320.492.21$45,001
Jan 19971,5964,99223.483.54$55,144
Dec 19961,7656,60423.32$41,160
Nov 19961,4666,22521.97$32,208
Oct 19961,6997,32723.31$39,604
Sep 19961,4093,72322.22$31,308
Aug 19961,5243,27320.26$30,876
Jul 19962,1023,75519.55$41,094
Jun 19961,2612,73318.73$23,619
May 19962,1463,12719.43$41,697
Apr 19961,8463,83921.51$39,707
Mar 19961,5965,75819.38$30,930
Feb 19961,9162,64016.98$32,534
Jan 19963,5481,68917.07$60,564
Dec 19952,21347017.19$38,041
Nov 19951,515016.00$24,240
Oct 1995919015.43$14,180
Sep 19951,8541,84516.18$29,998
Aug 19951,7302,45415.92$27,542
Jul 19952,1271,43615.24$32,415
Jun 19953,0622,17716.41$50,247
May 19952,9632,36017.56$52,030
Apr 19952,5221,46017.73$44,715
Mar 19953,2701,07016.44$53,759
Feb 19952,3461,62016.58$38,897
Jan 19953,6285,48515.92$57,758
Dec 19944,22647315.03$63,517
Nov 19945,18193215.90$82,378
Oct 19945,1072,48015.58$79,567
Sep 19945,2173,08015.29$79,768
Aug 19947,0283,23716.13$113,362
Jul 19945,55165117.56$97,476
Jun 19943,7451,35017.09$64,002
May 19946,406115.88$101,727
Apr 19948,3554,15414.14$118,140
Mar 19946,6651,40512.46$83,046
Feb 19944,7741,03112.50$59,675
Jan 19946,2251,28812.66$78,809
Dec 199330415812.33$3,748
Nov 1993982014.49$14,229
Oct 19930115.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Dec 1999 — as filed, then multipliedworked
Oil                  715 bbl  × $ 24.28 =    $17,360
Casinghead gas     1,506 Mcf  × $  2.42 =     $3,650

────────────────────────────────────────────────────
Month total                                  $21,010

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/O/5503 is the state's own key, not one this site invented.