KEASLER, S. J.

Name: KEASLER, S. J. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WEST MOUNTAIN OPERATING CO, INC. (P-5 910224) in the LANSING, N. (COTTON VALLEY, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 105586District 06Field 52002050NGPA filingCondensateGasSave Export

Value, all time

$1.2 M

Jan 1993 – Apr 2013

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

244

no gaps in the span

Streams

condensate, gas

The LANSING, N. (COTTON VALLEY, LO.) field

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 54 leases and 54 wells, and the rule below applies to all of them.

Discovered

1978-12-26

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-04-23.

The Commission's schedule remark for this field reads: “PERTAINING TO PERMITTING.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	785 bbl	$26,996
Gas	Production	350,652 Mcf	$1,160,170
Total			$1,187,166

116,035 Mcf of this lease's gas, across 48 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 (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 32.6261, -94.6661. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62609, -94.66613 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,769 ft

1 wells filed one

Completion to plug

29.1 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 10,769 ft.

Completions filed

May 1983

1 of 1 wells

Plug dates filed

Jun 2012

1 of 1 wells

Last completion to plug: a median of 29.1 years across the 1 well that filed both dates, with the middle half between 29.1 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20330952	1	10,769 ft	May 1983	Jun 2012	Yes

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 (244)

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

244 months


Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	44	0	92.66	2.91	$4,077
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	684	84.98	3.65	$2,496
Sep 2011	0	1,069	83.62	3.99	$4,261
Aug 2011	0	425	83.40	4.15	$1,763
Jul 2011	0	635	94.14	4.52	$2,868
Jun 2011	0	747	92.90	4.64	$3,466
May 2011	1	858	98.13	4.40	$3,877
Apr 2011	0	1,558	105.96	4.33	$6,751
Mar 2011	0	1,151	96.36	4.06	$4,670
Feb 2011	0	1,335	85.64	4.18	$5,580
Jan 2011	0	785	86.50	4.59	$3,602
Dec 2010	0	1,407	85.73	4.35	$6,117
Nov 2010	0	765	80.84	3.80	$2,903
Oct 2010	0	541	78.10	3.51	$1,898
Sep 2010	0	943	72.63	3.98	$3,753
Aug 2010	0	1,017	73.68	4.42	$4,494
Jul 2010	0	843	72.55	4.74	$3,993
Jun 2010	0	439	70.36	4.91	$2,156
May 2010	99	1,003	71.12	4.24	$11,289
Apr 2010	0	1,236	81.69	4.12	$5,096
Mar 2010	0	1,159	78.39	4.39	$5,086
Feb 2010	0	1,034	73.58	5.44	$5,627
Jan 2010	0	884	74.36	5.96	$5,272
Dec 2009	0	753	71.44	5.48	$4,129
Nov 2009	0	1,034	74.59	3.75	$3,879
Oct 2009	0	1,099	72.54	4.11	$4,517
Sep 2009	0	1,558	65.54	3.06	$4,775
Aug 2009	0	1,977	67.42	3.22	$6,363
Jul 2009	0	1,609	61.13	3.46	$5,574
Jun 2009	0	1,027	66.16	3.90	$4,000
May 2009	0	1,311	54.74	3.93	$5,147
Apr 2009	0	1,457	46.77	3.59	$5,227
Mar 2009	0	1,342	42.14	4.06	$5,447
Feb 2009	0	1,144	32.81	4.63	$5,300
Jan 2009	0	1,182	35.86	5.37	$6,349
Dec 2008	0	1,191	37.10	5.98	$7,119
Nov 2008	0	1,309	55.49	6.86	$8,980
Oct 2008	0	926	75.24	6.92	$6,410
Sep 2008	0	1,082	101.76	7.88	$8,523
Aug 2008	0	1,422	114.22	8.48	$12,063
Jul 2008	0	1,008	131.08	11.39	$11,481
Jun 2008	0	990	131.33	13.03	$12,902
May 2008	0	1,413	123.17	11.57	$16,354
Apr 2008	0	1,363	110.31	10.45	$14,250
Mar 2008	0	1,554	101.90	9.66	$15,018
Feb 2008	0	1,742	92.53	8.77	$15,278
Jan 2008	0	1,816	90.38	8.21	$14,902
Dec 2007	0	861	88.33	7.30	$6,287
Nov 2007	0	1,324	91.67	7.29	$9,654
Oct 2007	0	1,023	82.85	6.92	$7,081
Sep 2007	0	1,014	75.84	6.24	$6,332
Aug 2007	0	1,021	69.06	6.39	$6,522
Jul 2007	0	1,212	70.90	6.39	$7,742
Jun 2007	0	1,568	62.00	7.55	$11,836
May 2007	0	1,155	58.74	7.85	$9,062
Apr 2007	0	1,057	59.61	7.81	$8,250
Mar 2007	0	1,026	56.92	7.30	$7,492
Feb 2007	0	1,096	55.10	8.22	$9,005
Jan 2007	0	1,231	50.30	6.73	$8,281
Dec 2006	0	1,149	56.65	6.92	$7,949
Nov 2006	0	1,096	54.20	7.62	$8,349
Oct 2006	0	1,097	54.90	6.01	$6,597
Sep 2006	0	1,118	60.08	5.04	$5,632
Aug 2006	0	1,421	68.71	7.34	$10,430
Jul 2006	0	1,374	69.37	6.34	$8,715
Jun 2006	0	1,178	66.28	6.38	$7,520
May 2006	0	1,337	66.01	6.42	$8,590
Apr 2006	0	1,310	64.39	7.36	$9,642
Mar 2006	0	1,194	56.70	7.08	$8,457
Feb 2006	0	1,226	57.59	7.75	$9,503
Jan 2006	0	1,399	60.59	8.93	$12,498
Dec 2005	0	1,372	54.94	13.42	$18,406
Nov 2005	0	1,366	54.69	10.59	$14,464
Oct 2005	0	1,471	58.34	13.80	$20,294
Sep 2005	0	1,510	61.45	12.08	$18,239
Aug 2005	1	1,670	61.51	9.80	$16,422
Jul 2005	1	1,620	55.69	7.84	$12,762
Jun 2005	0	1,603	52.33	7.38	$11,832
May 2005	0	1,740	45.22	6.65	$11,573
Apr 2005	80	1,643	49.20	7.36	$16,029
Mar 2005	0	1,632	50.37	7.15	$11,677
Feb 2005	0	1,458	45.22	6.31	$9,203
Jan 2005	0	1,688	43.16	6.32	$10,672
Dec 2004	0	1,519	39.86	6.75	$10,255
Nov 2004	1	1,508	45.28	6.33	$9,592
Oct 2004	0	1,371	49.70	6.52	$8,932
Sep 2004	0	1,262	43.24	5.28	$6,668
Aug 2004	1	961	42.37	5.55	$5,377
Jul 2004	0	1,229	38.28	6.08	$7,477
Jun 2004	0	1,283	36.10	6.43	$8,254
May 2004	0	1,392	37.48	6.49	$9,040
Apr 2004	0	755	34.47	5.86	$4,423
Mar 2004	0	905	34.36	5.53	$5,005
Feb 2004	0	885	32.45	5.51	$4,876
Jan 2004	0	960	32.03	6.30	$6,048
Dec 2003	0	1,005	30.26	6.30	$6,333
Nov 2003	0	1,096	28.80	4.60	$5,036
Oct 2003	1	1,159	28.17	4.76	$5,545
Sep 2003	0	1,274	26.31	4.75	$6,051
Aug 2003	0	1,254	29.76	5.13	$6,433
Jul 2003	0	1,138	29.41	5.17	$5,884
Jun 2003	100	935	28.56	5.98	$8,450
May 2003	1	1,314	26.59	5.97	$7,875
Apr 2003	0	1,297	26.67	5.41	$7,013
Mar 2003	1	1,505	31.14	6.10	$9,206
Feb 2003	1	1,498	33.48	7.93	$11,906
Jan 2003	0	1,286	30.31	5.58	$7,179
Dec 2002	0	1,310	26.91	4.85	$6,358
Nov 2002	1	1,373	24.66	4.14	$5,705
Oct 2002	1	1,041	26.46	4.23	$4,429
Sep 2002	0	1,398	27.44	3.64	$5,082
Aug 2002	1	1,631	25.96	3.16	$5,187
Jul 2002	0	1,131	24.58	3.06	$3,463
Jun 2002	0	1,026	23.73	3.34	$3,425
May 2002	0	1,204	24.66	3.58	$4,315
Apr 2002	0	1,358	23.65	3.51	$4,770
Mar 2002	0	1,270	22.00	3.10	$3,940
Feb 2002	0	1,119	18.22	2.38	$2,658
Jan 2002	0	1,147	17.17	2.38	$2,725
Dec 2001	0	1,149	16.93	2.36	$2,717
Nov 2001	2	1,002	18.07	2.41	$2,446
Oct 2001	0	906	19.78	2.53	$2,291
Sep 2001	0	1,191	24.26	2.25	$2,681
Aug 2001	0	1,191	24.87	3.05	$3,636
Jul 2001	0	1,257	23.93	3.20	$4,019
Jun 2001	0	1,026	24.56	3.82	$3,924
May 2001	0	1,227	25.52	4.31	$5,285
Apr 2001	3	1,287	24.68	5.34	$6,941
Mar 2001	0	1,289	24.54	5.38	$6,930
Feb 2001	2	1,286	27.75	5.77	$7,472
Jan 2001	0	1,349	27.47	8.40	$11,330
Dec 2000	0	1,361	26.88	9.12	$12,416
Nov 2000	0	1,478	32.21	5.66	$8,363
Oct 2000	0	1,209	31.23	5.15	$6,221
Sep 2000	0	1,340	31.87	5.19	$6,950
Aug 2000	2	1,446	29.64	4.54	$6,625
Jul 2000	0	1,448	28.53	4.09	$5,922
Jun 2000	0	1,245	29.30	4.40	$5,475
May 2000	0	1,213	27.26	3.68	$4,464
Apr 2000	168	1,289	24.51	3.12	$8,134
Mar 2000	0	1,333	28.42	2.86	$3,812
Feb 2000	2	1,385	27.62	2.73	$3,831
Jan 2000	0	1,399	25.27	2.48	$3,470
Dec 1999	1	1,280	24.28	2.42	$3,127
Nov 1999	0	1,327	23.19	2.43	$3,230
Oct 1999	0	1,158	20.98	2.80	$3,247
Sep 1999	1	1,182	21.75	2.62	$3,117
Aug 1999	0	1,262	19.26	2.88	$3,629
Jul 1999	0	1,704	17.89	2.37	$4,043
Jun 1999	31	1,982	15.94	2.36	$5,176
May 1999	0	1,464	15.79	2.32	$3,398
Apr 1999	1	2,010	15.10	2.21	$4,453
Mar 1999	1	1,726	12.47	1.84	$3,185
Feb 1999	0	1,121	9.98	1.82	$2,038
Jan 1999	0	1,144	10.38	1.90	$2,174
Dec 1998	1	1,397	9.20	1.77	$2,487
Nov 1998	0	1,450	10.89	2.19	$3,169
Oct 1998	1	1,615	12.42	1.97	$3,193
Sep 1998	1	1,451	12.59	2.08	$3,034
Aug 1998	1	1,805	11.30	1.91	$3,454
Jul 1998	0	1,374	11.74	2.24	$3,074
Jun 1998	2	1,581	11.24	2.24	$3,560
May 1998	0	1,751	12.62	2.21	$3,863
Apr 1998	0	1,935	13.04	2.51	$4,848
Mar 1998	0	1,637	12.80	2.31	$3,781
Feb 1998	1	1,845	13.95	2.30	$4,256
Jan 1998	0	2,085	14.70	2.15	$4,493
Dec 1997	0	1,678	16.32	2.41	$4,046
Nov 1997	1	1,513	18.19	3.09	$4,691
Oct 1997	2	1,949	19.25	3.15	$6,178
Sep 1997	1	1,943	17.74	2.95	$5,759
Aug 1997	1	1,675	17.86	2.55	$4,297
Jul 1997	0	2,439	17.58	2.25	$5,480
Jun 1997	1	2,278	17.24	2.26	$5,159
May 1997	0	2,351	18.97	2.31	$5,427
Apr 1997	1	2,055	17.88	2.08	$4,298
Mar 1997	1	2,443	18.95	1.94	$4,756
Feb 1997	1	1,650	20.49	2.21	$3,660
Jan 1997	1	2,165	23.48	3.54	$7,687
Dec 1996	1	1,763	23.32	—	$23
Nov 1996	1	2,206	21.97	—	$22
Oct 1996	2	2,673	23.31	—	$47
Sep 1996	0	935	22.22	—	$0
Aug 1996	0	2,074	20.26	—	$0
Jul 1996	0	1,931	19.55	—	$0
Jun 1996	1	1,252	18.73	—	$19
May 1996	0	2,147	19.43	—	$0
Apr 1996	0	2,259	21.51	—	$0
Mar 1996	0	40	19.38	—	$0
Feb 1996	0	246	16.98	—	$0
Jan 1996	0	646	17.07	—	$0
Dec 1995	0	829	17.19	—	$0
Nov 1995	0	517	16.00	—	$0
Oct 1995	1	1,194	15.43	—	$15
Sep 1995	0	1,418	16.18	—	$0
Aug 1995	0	2,624	15.92	—	$0
Jul 1995	183	1,454	15.24	—	$2,789
Jun 1995	0	1,787	16.41	—	$0
May 1995	0	2,429	17.56	—	$0
Apr 1995	0	2,379	17.73	—	$0
Mar 1995	0	2,975	16.44	—	$0
Feb 1995	0	2,072	16.58	—	$0
Jan 1995	0	1,472	15.92	—	$0
Dec 1994	0	5,728	15.03	—	$0
Nov 1994	0	2,656	15.90	—	$0
Oct 1994	0	2,977	15.58	—	$0
Sep 1994	0	2,401	15.29	—	$0
Aug 1994	1	2,761	16.13	—	$16
Jul 1994	1	3,171	17.56	—	$18
Jun 1994	1	2,415	17.09	—	$17
May 1994	0	2,413	15.88	—	$0
Apr 1994	1	2,846	14.14	—	$14
Mar 1994	1	3,028	12.46	—	$12
Feb 1994	5	4,045	12.50	—	$63
Jan 1994	2	4,101	12.66	—	$25
Dec 1993	3	4,723	12.33	—	$37
Nov 1993	1	3,177	14.49	—	$14
Oct 1993	2	6,536	15.85	—	$32
Sep 1993	2	4,700	15.03	—	$30
Aug 1993	3	6,187	15.66	—	$47
Jul 1993	7	6,365	15.46	—	$108
Jun 1993	0	2,951	16.79	—	$0
May 1993	0	812	17.68	—	$0
Apr 1993	0	859	18.05	—	$0
Mar 1993	0	644	18.14	—	$0
Feb 1993	0	448	17.90	—	$0
Jan 1993	0	769	16.93	—	$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.

Aug 2012 — as filed, then multipliedworked

Condensate            44 bbl  × $ 92.66 =     $4,077
Gas                    0 Mcf  × $  2.91 =         $0

────────────────────────────────────────────────────
Month total                                   $4,077

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. 06/G/105586 is the state's own key, not one this site invented.