KEELING GAS UNIT

Operated by PEDERNALES PETROLEUM OP, LLC (P-5 650201) in the CARTHAGE, S. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 211938District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
May 2005 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
253
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1978-02-20
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 Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/97.

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 Gas112006-10-30171123
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
CondensateDisposition9,903 bbl$688,459
GasProduction729,572 Mcf$4,408,118
Total$5,096,576

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 32.0568, -94.4954. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05682, -94.49542 · 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
9,802 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 9,802 ft.

Completions filed
May 2005
1 of 1 wells

1 well

42-3653544019,802 ftMay 2005

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 (253)

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

253 months

May 202601,402106.413.05$4,270
Apr 202601,00398.932.87$2,878
Mar 202601,56689.753.15$4,932
Feb 20261841,30363.503.75$16,571
Jan 202601,46859.138.00$11,741
Dec 202501,60856.664.41$7,097
Nov 202501,03058.593.93$4,044
Oct 2025088659.383.30$2,928
Sep 2025085162.743.08$2,618
Aug 202501,45763.933.01$4,393
Jul 2025093766.743.32$3,106
Jun 202501,03066.483.13$3,223
May 202501,15360.553.23$3,727
Apr 202501,35462.363.54$4,797
Mar 20250167.704.27$4
Feb 202501,21970.884.34$5,291
Jan 202501,01774.324.28$4,351
Dec 202401,11068.993.12$3,465
Nov 202401,45969.052.20$3,208
Oct 202401,05771.372.28$2,411
Sep 202401,44069.612.36$3,405
Aug 202401,51775.632.06$3,131
Jul 202401,61479.932.15$3,465
Jun 202401,22878.082.63$3,235
May 202401,90378.812.20$4,184
Apr 20240084.451.66$0
Mar 2024066380.301.55$1,024
Feb 202401,28676.091.78$2,294
Jan 202401,21673.023.30$4,010
Dec 202301,52771.262.61$3,987
Nov 202301,61677.892.81$4,537
Oct 202301,76385.443.09$5,443
Sep 202301,84289.042.74$5,038
Aug 202301,69880.522.67$4,539
Jul 20231862,18374.852.64$19,689
Jun 202302,07068.962.26$4,675
May 202302,05370.622.23$4,573
Apr 202301,94678.122.24$4,355
Mar 202301,98472.852.39$4,748
Feb 202301,66975.112.47$4,115
Jan 202301,80176.533.39$6,101
Dec 202201,69976.415.73$9,734
Nov 202201,96885.005.65$11,112
Oct 202201,91887.185.86$11,247
Sep 202201,58984.888.16$12,972
Aug 202201,63994.529.13$14,959
Jul 20221861,671101.587.54$31,497
Jun 202201,619115.097.98$12,915
May 202201,701109.378.43$14,345
Apr 202201,333104.226.84$9,115
Mar 202201,621108.885.08$8,229
Feb 202201,39991.054.86$6,798
Jan 202201,57081.844.54$7,124
Dec 202101,50871.323.90$5,880
Nov 202101,67477.435.24$8,766
Oct 202101,33579.795.71$7,628
Sep 202101,16169.865.35$6,212
Aug 202101,31266.024.22$5,537
Jul 20211571,22170.783.98$15,975
Jun 202101,17269.493.38$3,962
May 2021060663.483.02$1,829
Apr 202101,02360.362.76$2,822
Mar 2021097461.302.72$2,646
Feb 2021077757.805.55$4,311
Jan 202118799950.412.81$12,234
Dec 202001,02044.642.68$2,729
Nov 202001,01538.772.71$2,747
Oct 202001,09236.972.48$2,706
Sep 202001,18937.091.99$2,367
Aug 2020080639.982.39$1,922
Jul 2020017438.371.83$318
Jun 2020087334.901.69$1,476
May 2020081116.921.81$1,472
Apr 2020081314.751.80$1,467
Mar 2020069430.341.86$1,288
Feb 2020064349.881.98$1,274
Jan 2020078857.252.09$1,651
Dec 2019069059.012.30$1,590
Nov 201918972855.302.75$12,454
Oct 2019093253.472.42$2,254
Sep 201913586755.052.66$9,736
Aug 2019083753.112.30$1,929
Jul 2019075456.272.46$1,855
Jun 2019092952.782.49$2,314
May 201901,58658.482.74$4,346
Apr 201901,59562.632.75$4,387
Mar 201901,42856.803.06$4,373
Feb 2019092950.852.79$2,594
Jan 201901,00546.033.23$3,244
Dec 2018066046.594.19$2,762
Nov 201801,03652.934.24$4,390
Oct 201817671761.443.40$13,250
Sep 2018073459.543.11$2,281
Aug 201801,03159.403.07$3,162
Jul 201801,08965.142.93$3,193
Jun 2018096060.183.08$2,954
May 201801,40265.382.90$4,067
Apr 201801,24063.842.90$3,597
Mar 201801,45661.222.79$4,058
Feb 20181851,30461.782.77$15,036
Jan 201802,30662.874.01$9,245
Dec 201701,26357.272.92$3,690
Nov 201701,09355.423.12$3,408
Oct 201701,26449.292.98$3,771
Sep 2017060447.523.09$1,865
Aug 201701,26345.373.00$3,795
Jul 2017054243.873.09$1,673
Jun 201701,62842.493.09$5,026
May 201701,41945.373.26$4,631
Apr 20171771,76047.933.21$14,136
Mar 20171872,14346.772.98$15,140
Feb 201701,48250.452.95$4,376
Jan 201701,74549.413.42$5,966
Dec 201601,81848.763.72$6,768
Nov 201602,49742.492.64$6,603
Oct 201602,43046.193.09$7,509
Sep 201602,28841.553.10$7,094
Aug 201601,94441.442.92$5,685
Jul 201602,12941.622.92$6,226
Jun 201602,24345.352.69$6,024
May 201602,30642.521.99$4,591
Apr 201602,45936.561.99$4,896
Mar 20161782,20333.011.79$9,828
Feb 201602,56026.472.06$5,283
Jan 201602,36527.352.36$5,592
Dec 201502,84232.362.00$5,688
Nov 201502,67538.792.17$5,798
Oct 201502,05043.552.43$4,974
Sep 201502,26442.992.76$6,245
Aug 201502,02740.162.87$5,823
Jul 201502,47048.152.95$7,274
Jun 20151881,32356.152.88$14,370
May 201502,63955.212.96$7,799
Apr 201503,00549.822.71$8,133
Mar 201502,58342.892.93$7,580
Feb 201502,32444.662.98$6,917
Jan 201502,81243.433.10$8,719
Dec 201403,15954.693.59$11,345
Nov 20141481,91770.464.25$18,579
Oct 201402,31478.303.90$9,027
Sep 201403,08586.164.05$12,480
Aug 201403,08689.394.04$12,452
Jul 201403,18896.564.18$13,325
Jun 201401,89298.164.74$8,962
May 201403,03494.734.73$14,340
Apr 20141351,95495.944.81$22,349
Mar 201401,83895.895.06$9,294
Feb 201402,01197.406.19$12,452
Jan 20141341,55590.404.86$19,672
Dec 201302,88491.824.35$12,558
Nov 201301,29488.853.74$4,837
Oct 201301,58697.423.78$5,994
Sep 201301,570104.113.72$5,837
Aug 201301,923104.253.52$6,774
Jul 20131772,528102.523.72$27,544
Jun 201302,90294.403.93$11,415
May 201303,33794.834.15$13,845
Apr 201302,18893.964.28$9,370
Mar 20131472,98093.623.91$25,422
Feb 201302,23791.233.42$7,650
Jan 201303,26991.603.42$11,180
Dec 20121522,23386.773.42$20,826
Nov 201202,72686.953.62$9,882
Oct 20121792,94589.383.40$26,011
Sep 201202,58294.672.92$7,535
Aug 201202,88392.662.91$8,384
Jul 201202,97085.133.02$8,972
Jun 201202,90879.822.52$7,325
May 201202,10291.612.49$5,230
Apr 201202,409101.652.00$4,810
Mar 201201,888105.052.22$4,195
Feb 20121923,059101.102.57$27,274
Jan 201202,95998.092.73$8,090
Dec 201103,69096.873.24$11,955
Nov 201103,92695.723.31$13,000
Oct 20111854,83084.983.65$33,344
Sep 201105,11483.623.99$20,383
Aug 201104,60983.404.15$19,124
Jul 20111911,20094.144.52$23,401
Jun 2011086992.904.64$4,032
May 2011088698.134.40$3,903
Apr 2011174887105.964.33$22,281
Mar 201115575496.364.06$17,995
Feb 2011073185.644.18$3,056
Jan 201101,09386.504.59$5,016
Dec 2010093885.734.35$4,078
Nov 201001,04580.843.80$3,966
Oct 201001,19478.103.51$4,190
Sep 201001,06072.633.98$4,218
Aug 201001,27273.684.42$5,621
Jul 201001,23372.554.74$5,840
Jun 201001,07970.364.91$5,298
May 201001,29771.124.24$5,493
Apr 201001,23181.694.12$5,075
Mar 20101931,16378.394.39$20,233
Feb 201002,06073.585.44$11,211
Jan 2010087974.365.96$5,242
Dec 200901,18871.445.48$6,515
Nov 200901,12774.593.75$4,228
Oct 200901,34072.544.11$5,508
Sep 200901,55465.543.06$4,763
Aug 200901,96167.423.22$6,311
Jul 200901,91761.133.46$6,641
Jun 200901,59766.163.90$6,220
May 200902,87554.743.93$11,287
Apr 200902,78746.773.59$9,998
Mar 20090042.144.06$0
Feb 200918722332.814.63$7,169
Jan 200901,40935.865.37$7,568
Dec 200804,27437.105.98$25,546
Nov 200802,47455.496.86$16,973
Oct 200805,10975.246.92$35,364
Sep 200805,021101.767.88$39,551
Aug 200807,564114.228.48$64,166
Jul 20081916,428131.0811.39$98,248
Jun 200806,754131.3313.03$88,022
May 20081855,101123.1711.57$81,827
Apr 200805,830110.3110.45$60,952
Mar 200805,789101.909.66$55,945
Feb 200806,57492.538.77$57,658
Jan 200805,03990.388.21$41,349
Dec 20071855,38088.337.30$55,626
Nov 20071885,18391.677.29$55,027
Oct 200704,32582.856.92$29,938
Sep 200704,09275.846.24$25,551
Aug 200708,79369.066.39$56,169
Jul 20071988,89170.906.39$70,833
Jun 200709,90262.007.55$74,745
May 20075729,56158.747.85$108,618
Apr 200709,17959.617.81$71,644
Mar 200708,32056.927.30$60,752
Feb 20072025,91955.108.22$59,761
Jan 200706,33550.306.73$42,615
Dec 200608,77356.656.92$60,695
Nov 200608,78554.207.62$66,920
Oct 20062069,57954.906.01$68,916
Sep 200604,37660.085.04$22,043
Aug 200603,32868.717.34$24,427
Jul 20061724,88269.376.34$42,897
Jun 2006011,52766.286.38$73,587
May 200601,47666.016.42$9,483
Apr 20061886,46464.397.36$59,683
Mar 20061857,39756.707.08$62,882
Feb 20062027,28257.597.75$68,077
Jan 20063109,26160.598.93$101,514
Dec 2005010,61954.9413.42$142,458
Nov 200520512,96054.6910.59$148,437
Oct 200541211,88658.3413.80$188,012
Sep 200519213,61661.4512.08$176,266
Aug 200553817,95961.519.80$209,034
Jul 200536319,33455.697.84$171,864
Jun 200554532,85052.337.38$270,987
May 2005026,95445.226.65$179,275

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,402 Mcf  × $  3.05 =     $4,270

────────────────────────────────────────────────────
Month total                                   $4,270

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/211938 is the state's own key, not one this site invented.