KEYSTONE GU 2

Operated by TEXIAN OPERATING COMPANY, LLC (P-5 848681) 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 203807District 06Field 699905002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jun 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
264
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 Gas112005-12-06166542
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
CondensateDisposition3,423 bbl$212,557
GasProduction261,857 Mcf$1,494,441
Total$1,706,998

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 31.6452, -94.5739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64523, -94.57394 · 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
9,944 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 9,944 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-3473185619,944 ftJun 2004

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 (264)

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

264 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 2022730101.587.54$7,415
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 20200349.881.98$6
Jan 20200057.252.09$0
Dec 20190359.012.30$7
Nov 20190055.302.75$0
Oct 20190153.472.42$2
Sep 20190055.052.66$0
Aug 2019010453.112.30$240
Jul 2019011756.272.46$288
Jun 2019014752.782.49$366
May 2019014958.482.74$408
Apr 2019022662.632.75$622
Mar 2019139556.803.06$1,266
Feb 2019016050.852.79$447
Jan 2019012246.033.23$394
Dec 2018015946.594.19$665
Nov 2018018152.934.24$767
Oct 2018039861.443.40$1,352
Sep 2018012159.543.11$376
Aug 2018012559.403.07$383
Jul 2018015165.142.93$443
Jun 2018010360.183.08$317
May 20184116565.382.90$3,159
Apr 2018033463.842.90$969
Mar 2018019361.222.79$538
Feb 2018012661.782.77$349
Jan 2018033162.874.01$1,327
Dec 201701,27357.272.92$3,719
Nov 201702,54755.423.12$7,942
Oct 201702,36649.292.98$7,059
Sep 2017016347.523.09$503
Aug 2017053545.373.00$1,607
Jul 2017032143.873.09$991
Jun 201703,27242.493.09$10,102
May 201704,63745.373.26$15,132
Apr 2017073147.933.21$2,348
Mar 201701,84546.772.98$5,505
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 201616036.561.99$585
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 2015068949.822.71$1,865
Mar 2015391,03642.892.93$4,713
Feb 2015085744.662.98$2,551
Jan 2015082843.433.10$2,567
Dec 2014093054.693.59$3,340
Nov 2014561,22270.464.25$9,142
Oct 2014087878.303.90$3,425
Sep 2014086886.164.05$3,511
Aug 2014094289.394.04$3,801
Jul 20147696496.564.18$11,368
Jun 2014094598.164.74$4,476
May 201401,03894.734.73$4,906
Apr 2014080295.944.81$3,857
Mar 2014078095.895.06$3,944
Feb 2014087697.406.19$5,424
Jan 20144384590.404.86$7,995
Dec 2013090591.824.35$3,941
Nov 2013090888.853.74$3,394
Oct 2013096097.423.78$3,628
Sep 20130903104.113.72$3,357
Aug 2013521,085104.253.52$9,243
Jul 201301,163102.523.72$4,324
Jun 201301,12794.403.93$4,433
May 201301,01594.834.15$4,211
Apr 2013077793.964.28$3,328
Mar 2013092493.623.91$3,615
Feb 20133480991.233.42$5,869
Jan 2013074291.603.42$2,538
Dec 2012080186.773.42$2,740
Nov 2012071086.953.62$2,574
Oct 2012095989.383.40$3,260
Sep 20126198894.672.92$8,658
Aug 201201,09892.662.91$3,193
Jul 201201,21685.133.02$3,673
Jun 201201,22479.822.52$3,083
May 201201,25191.612.49$3,113
Apr 20120995101.652.00$1,987
Mar 2012431,076105.052.22$6,908
Feb 20120963101.102.57$2,475
Jan 201201,01998.092.73$2,786
Dec 201101,10096.873.24$3,564
Nov 2011591,00195.723.31$8,962
Oct 2011099484.983.65$3,627
Sep 2011091883.623.99$3,659
Aug 201101,05783.404.15$4,386
Jul 201101,12294.144.52$5,068
Jun 201101,16192.904.64$5,387
May 201101,21198.134.40$5,334
Apr 201101,191105.964.33$5,161
Mar 2011095796.364.06$3,883
Feb 20116975985.644.18$9,082
Jan 2011094786.504.59$4,346
Dec 2010099185.734.35$4,309
Nov 201001,18680.843.80$4,501
Oct 2010601,30878.103.51$9,276
Sep 2010084272.633.98$3,351
Aug 2010085673.684.42$3,783
Jul 2010097172.554.74$4,599
Jun 201001,01570.364.91$4,984
May 2010079971.124.24$3,384
Apr 2010601,13981.694.12$9,597
Mar 201001,08378.394.39$4,753
Feb 2010091473.585.44$4,974
Jan 201001,02174.365.96$6,089
Dec 2009082971.445.48$4,546
Nov 2009078274.593.75$2,934
Oct 2009085472.544.11$3,510
Sep 200901,16465.543.06$3,567
Aug 200901,15667.423.22$3,721
Jul 2009551,16961.133.46$7,412
Jun 200901,23166.163.90$4,795
May 200908,46254.743.93$33,220
Apr 20095011,53146.773.59$43,706
Mar 2009088842.144.06$3,604
Feb 200901,87332.814.63$8,678
Jan 200902,15435.865.37$11,569
Dec 200801,79537.105.98$10,729
Nov 2008511,72555.496.86$14,664
Oct 200801,60175.246.92$11,082
Sep 200801,988101.767.88$15,660
Aug 200801,895114.228.48$16,075
Jul 200801,548131.0811.39$17,631
Jun 200801,582131.3313.03$20,618
May 200801,420123.1711.57$16,435
Apr 2008841,518110.3110.45$25,137
Mar 200801,628101.909.66$15,733
Feb 200801,73892.538.77$15,243
Jan 200801,11190.388.21$9,117
Dec 20079169888.337.30$13,135
Nov 200701,46791.677.29$10,697
Oct 200702,28382.856.92$15,803
Sep 200701,95775.846.24$12,220
Aug 200701,62669.066.39$10,387
Jul 20072031,58670.906.39$24,524
Jun 200701,47862.007.55$11,157
May 200701,49358.747.85$11,715
Apr 200701,66159.617.81$12,964
Mar 200701,71956.927.30$12,552
Feb 200701,53655.108.22$12,620
Jan 20071931,74550.306.73$21,446
Dec 200601,81356.656.92$12,543
Nov 200601,61854.207.62$12,325
Oct 200601,77354.906.01$10,662
Sep 200601,76760.085.04$8,901
Aug 200601,76768.717.34$12,970
Jul 20061561,68869.376.34$21,528
Jun 200601,65966.286.38$10,591
May 200601,72766.016.42$11,096
Apr 200601,77764.397.36$13,080
Mar 20061651,81656.707.08$22,218
Feb 200601,50157.597.75$11,634
Jan 200601,87360.598.93$16,732
Dec 200501,95554.9413.42$26,227
Nov 20051822,10154.6910.59$32,200
Oct 200502,03758.3413.80$28,102
Sep 200502,48861.4512.08$30,053
Aug 20051812,52761.519.80$35,890
Jul 200502,63655.697.84$20,676
Jun 200502,51452.337.38$18,556
May 200502,57945.226.65$17,153
Apr 200502,88849.207.36$21,257
Mar 20052093,61050.377.15$36,356
Feb 200503,53545.226.31$22,313
Jan 20052094,28943.166.32$36,136
Dec 200404,50039.866.75$30,380
Nov 20042115,42645.286.33$43,903
Oct 200406,24449.706.52$40,680
Sep 20042117,36243.245.28$48,024
Aug 200417711,64342.375.55$72,126
Jul 200421113,38038.286.08$89,483
Jun 200404,30736.106.43$27,707

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            73 bbl  × $101.58 =     $7,415
Gas                    0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                   $7,415

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/203807 is the state's own key, not one this site invented.