KEYSTONE GU 1

Operated by WALLACE OPERATING COMPANY LLC (P-5 102713) in the PEARSON (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195530District 06Field 699905002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
May 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
277
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1991-09-27
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: AOF-1 AND AOF-2 EFFECTIVE 03/01/2005.

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
High Cost Gas112005-12-06166541
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
CondensateDisposition4,326 bbl$265,046
GasProduction373,736 Mcf$2,040,412
Total$2,305,458

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 31.6417, -94.5707. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64170, -94.57071 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,000 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-34731793110,000 ftMay 2003

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 (277)

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

277 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022440101.587.54$4,470
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201114.751.80$17
Mar 20200030.341.86$0
Feb 20200249.881.98$4
Jan 20200057.252.09$0
Dec 20190159.012.30$2
Nov 20190055.302.75$0
Oct 20190153.472.42$2
Sep 20190055.052.66$0
Aug 2019018153.112.30$417
Jul 2019020856.272.46$512
Jun 2019023352.782.49$580
May 2019025758.482.74$704
Apr 2019024962.632.75$685
Mar 2019023656.803.06$723
Feb 2019018850.852.79$525
Jan 2019022446.033.23$723
Dec 2018023846.594.19$996
Nov 2018021152.934.24$894
Oct 2018022061.443.40$748
Sep 2018022759.543.11$706
Aug 2018024659.403.07$754
Jul 2018023865.142.93$698
Jun 2018025360.183.08$778
May 201814930065.382.90$10,612
Apr 2018027663.842.90$801
Mar 2018024861.222.79$691
Feb 2018019761.782.77$545
Jan 2018025762.874.01$1,030
Dec 2017022757.272.92$663
Nov 2017024755.423.12$770
Oct 2017033449.292.98$997
Sep 2017054747.523.09$1,689
Aug 2017020145.373.00$604
Jul 2017021543.873.09$664
Jun 2017027242.493.09$840
May 2017019245.373.26$627
Apr 2017051647.933.21$1,657
Mar 2017035946.772.98$1,071
Feb 2017033050.452.95$974
Jan 2017090449.413.42$3,091
Dec 2016080748.763.72$3,004
Nov 2016088942.492.64$2,351
Oct 201606446.193.09$198
Sep 2016039741.553.10$1,231
Aug 2016053741.442.92$1,570
Jul 2016037541.622.92$1,097
Jun 2016054145.352.69$1,453
May 2016050242.521.99$1,000
Apr 201616551836.561.99$7,064
Mar 2016095233.011.79$1,708
Feb 201601,00326.472.06$2,070
Jan 201601,04727.352.36$2,475
Dec 2015089232.362.00$1,785
Nov 2015090938.792.17$1,970
Oct 201501,08943.552.43$2,643
Sep 201501,07242.992.76$2,957
Aug 201501,05240.162.87$3,022
Jul 201501,19248.152.95$3,511
Jun 201501,03656.152.88$2,987
May 201501,07955.212.96$3,189
Apr 201501,03549.822.71$2,801
Mar 2015401,24742.892.93$5,375
Feb 2015094544.662.98$2,813
Jan 201501,11643.433.10$3,460
Dec 201401,02454.693.59$3,678
Nov 2014561,00070.464.25$8,198
Oct 201401,17878.303.90$4,595
Sep 201401,06986.164.05$4,325
Aug 201401,17089.394.04$4,721
Jul 2014751,42296.564.18$13,185
Jun 201401,15598.164.74$5,471
May 201401,22594.734.73$5,790
Apr 201401,25995.944.81$6,055
Mar 201401,24095.895.06$6,270
Feb 2014088597.406.19$5,480
Jan 2014471,06090.404.86$9,401
Dec 201301,16491.824.35$5,069
Nov 201301,28988.853.74$4,819
Oct 201301,11397.423.78$4,206
Sep 201301,033104.113.72$3,840
Aug 2013112879104.253.52$14,772
Jul 201301,262102.523.72$4,692
Jun 201301,22394.403.93$4,811
May 201301,28994.834.15$5,348
Apr 201301,22093.964.28$5,225
Mar 201301,25093.623.91$4,891
Feb 2013961,12491.233.42$12,602
Jan 201301,39191.603.42$4,757
Dec 201201,29586.773.42$4,429
Nov 201201,13986.953.62$4,129
Oct 201201,32889.383.40$4,515
Sep 20121291,28994.672.92$15,974
Aug 201201,23792.662.91$3,597
Jul 201201,28085.133.02$3,867
Jun 201201,40079.822.52$3,527
May 201201,29491.612.49$3,220
Apr 201201,251101.652.00$2,498
Mar 20121481,279105.052.22$18,389
Feb 201201,121101.102.57$2,881
Jan 201201,24698.092.73$3,407
Dec 201101,20896.873.24$3,914
Nov 20111171,24395.723.31$15,315
Oct 201101,27284.983.65$4,641
Sep 201101,15783.623.99$4,612
Aug 201101,29583.404.15$5,373
Jul 201101,21794.144.52$5,497
Jun 201101,35692.904.64$6,292
May 201101,29598.134.40$5,704
Apr 201101,365105.964.33$5,915
Mar 201101,32596.364.06$5,376
Feb 20111201,18185.644.18$15,213
Jan 201101,38386.504.59$6,346
Dec 201001,43885.734.35$6,252
Nov 201001,41880.843.80$5,382
Oct 20101221,52678.103.51$14,883
Sep 201001,36772.633.98$5,440
Aug 201001,62673.684.42$7,186
Jul 201001,61972.554.74$7,668
Jun 201001,61070.364.91$7,906
May 201001,38671.124.24$5,870
Apr 20101291,63381.694.12$17,270
Mar 201001,26578.394.39$5,552
Feb 201001,29773.585.44$7,059
Jan 201001,45674.365.96$8,684
Dec 200901,32271.445.48$7,250
Nov 200901,46774.593.75$5,503
Oct 200901,60172.544.11$6,581
Sep 200901,60565.543.06$4,919
Aug 200901,77967.423.22$5,726
Jul 20091121,50561.133.46$12,061
Jun 200901,87666.163.90$7,307
May 2009015,71454.743.93$61,689
Apr 200913822,64346.773.59$87,686
Mar 200901,59442.144.06$6,470
Feb 200902,19932.814.63$10,188
Jan 200902,81235.865.37$15,103
Dec 200802,63537.105.98$15,750
Nov 20081372,19955.496.86$22,688
Oct 200802,12475.246.92$14,702
Sep 200802,393101.767.88$18,850
Aug 200802,482114.228.48$21,055
Jul 200801,781131.0811.39$20,285
Jun 200801,824131.3313.03$23,772
May 200801,852123.1711.57$21,436
Apr 2008951,920110.3110.45$30,553
Mar 200802,035101.909.66$19,666
Feb 200801,82192.538.77$15,971
Jan 200801,51490.388.21$12,423
Dec 2007932,94288.337.30$29,697
Nov 200702,75091.677.29$20,052
Oct 200702,50482.856.92$17,333
Sep 200702,22675.846.24$13,900
Aug 200701,91669.066.39$12,239
Jul 20071831,69070.906.39$23,770
Jun 200701,81062.007.55$13,663
May 200701,94758.747.85$15,277
Apr 200701,62259.617.81$12,660
Mar 200701,62056.927.30$11,829
Feb 200701,51155.108.22$12,414
Jan 200701,76150.306.73$11,846
Dec 20061791,78556.656.92$22,490
Nov 200601,78254.207.62$13,574
Oct 200601,88454.906.01$11,330
Sep 200601,91760.085.04$9,656
Aug 200602,02568.717.34$14,863
Jul 200602,01769.376.34$12,793
Jun 200602,16466.286.38$13,815
May 20061982,27266.016.42$27,668
Apr 200602,19964.397.36$16,186
Mar 200602,23456.707.08$15,823
Feb 200601,88157.597.75$14,580
Jan 2006172,24860.598.93$21,112
Dec 200502,39554.9413.42$32,130
Nov 20051832,37554.6910.59$35,156
Oct 200501,31558.3413.80$18,141
Sep 200502,18561.4512.08$26,393
Aug 200502,54961.519.80$24,972
Jul 200502,61455.697.84$20,503
Jun 200502,50052.337.38$18,453
May 200502,56045.226.65$17,027
Apr 200502,72649.207.36$20,065
Mar 20052152,90850.377.15$31,636
Feb 200502,68245.226.31$16,929
Jan 200502,97543.166.32$18,809
Dec 200403,11239.866.75$21,009
Nov 200403,16845.286.33$20,055
Oct 200403,71649.706.52$24,210
Sep 20042102,75443.245.28$23,632
Aug 200403,48242.375.55$19,327
Jul 200403,75138.286.08$22,822
Jun 200402,42036.106.43$15,568
May 20041824,40137.486.49$35,404
Apr 200404,44134.475.86$26,017
Mar 200404,85634.365.53$26,854
Feb 200404,45432.455.51$24,540
Jan 200405,57332.036.30$35,108
Dec 20032125,79830.266.30$42,952
Nov 200305,46228.804.60$25,099
Oct 20032087,80828.174.76$43,023
Sep 200307,25126.314.75$34,438
Aug 20032085,86729.765.13$36,286
Jul 200309,68729.415.17$50,090
Jun 200320615,73028.565.98$99,995
May 200305,46426.595.97$32,635

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.

Jul 2022 — as filed, then multipliedworked
Condensate            44 bbl  × $101.58 =     $4,470
Gas                    0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                   $4,470

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/195530 is the state's own key, not one this site invented.