KEELING FAMILY GAS UNIT 1

Operated by BUCKHORN OPERATING LLC (P-5 102367) in the BRACHFIELD, S.E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 227871District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Apr 2007 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
230
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 382 leases and 382 wells, and the rule below applies to all of them.

Discovered
1981-02-10
as the register files it
Field class
Gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2014-10-14.

The Commission's schedule remark for this field reads: API NO. 401-34011.

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 Gas112007-07-25175908
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
CondensateDisposition2,427 bbl$138,443
GasProduction587,166 Mcf$3,075,221
Total$3,213,663

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 32.0200, -94.6035. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01997, -94.60354 · 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
10,714 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 10,714 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-40134023110,714 ftNov 2007

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 (230)

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

230 months

May 202621161106.413.05$2,725
Apr 2026013598.932.87$387
Mar 20269070189.753.15$10,285
Feb 20262065563.503.75$3,726
Jan 2026141,72759.138.00$14,640
Dec 2025458456.664.41$2,804
Nov 20251665458.593.93$3,505
Oct 202510694559.383.30$9,417
Sep 2025351,09362.743.08$5,559
Aug 20251095663.933.01$3,521
Jul 20256090866.743.32$7,015
Jun 202551,16966.483.13$3,990
May 2025591,53160.553.23$8,521
Apr 2025561,10362.363.54$7,400
Mar 202501,58567.704.27$6,765
Feb 2025771,84270.884.34$13,454
Jan 2025652,12174.324.28$13,906
Dec 20242611,91468.993.12$23,981
Nov 202401,26669.052.20$2,783
Oct 20241403,42071.372.28$17,794
Sep 202402,28469.612.36$5,400
Aug 202402775.632.06$56
Jul 202402479.932.15$52
Jun 202402278.082.63$58
May 202402378.812.20$51
Apr 202402384.451.66$38
Mar 202402480.301.55$37
Feb 202402276.091.78$39
Jan 202402273.023.30$73
Dec 202302371.262.61$60
Nov 202302377.892.81$65
Oct 202302385.443.09$71
Sep 202302389.042.74$63
Aug 202302480.522.67$64
Jul 202306574.852.64$172
Jun 202304868.962.26$108
May 202304670.622.23$102
Apr 202302478.122.24$54
Mar 202306272.852.39$148
Feb 202305475.112.47$133
Jan 2023019776.533.39$667
Dec 202201876.415.73$103
Nov 202201885.005.65$102
Oct 202202387.185.86$135
Sep 202202184.888.16$171
Aug 20220094.529.13$0
Jul 2022013101.587.54$98
Jun 20220200115.097.98$1,595
May 2022018109.378.43$152
Apr 2022070104.226.84$479
Mar 2022026108.885.08$132
Feb 202202991.054.86$141
Jan 202201781.844.54$77
Dec 202101471.323.90$55
Nov 202104677.435.24$241
Oct 2021014079.795.71$800
Sep 2021013969.865.35$744
Aug 202106766.024.22$283
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021025963.483.02$782
Apr 202118360.362.76$289
Mar 20210061.302.72$0
Feb 202101657.805.55$89
Jan 2021032750.412.81$919
Dec 2020028244.642.68$754
Nov 2020053638.772.71$1,451
Oct 2020035336.972.48$875
Sep 202018439437.091.99$7,609
Aug 2020042139.982.39$1,004
Jul 202001,44038.371.83$2,628
Jun 20203280734.901.69$2,481
May 2020772616.921.81$1,436
Apr 2020457114.751.80$1,089
Mar 20201045530.341.86$1,148
Feb 20205823649.881.98$3,360
Jan 2020240657.252.09$965
Dec 2019260059.012.30$1,501
Nov 2019057255.302.75$1,573
Oct 20199628253.472.42$5,815
Sep 201921,04255.052.66$2,879
Aug 201901,19653.112.30$2,756
Jul 201901,00256.272.46$2,465
Jun 20191781,04352.782.49$11,993
May 201901,09758.482.74$3,006
Apr 2019099862.632.75$2,745
Mar 2019094256.803.06$2,885
Feb 201901,00350.852.79$2,801
Jan 201901,56646.033.23$5,055
Dec 201801,62246.594.19$6,789
Nov 201801,06552.934.24$4,513
Oct 2018088761.443.40$3,014
Sep 2018065559.543.11$2,036
Aug 201801,45959.403.07$4,474
Jul 201801,97065.142.93$5,776
Jun 201801,89360.183.08$5,825
May 201802,08265.382.90$6,039
Apr 201801,68363.842.90$4,882
Mar 20181671,31661.222.79$13,891
Feb 2018097761.782.77$2,703
Jan 2018064162.874.01$2,570
Dec 2017086357.272.92$2,521
Nov 201701,78355.423.12$5,560
Oct 201702,27449.292.98$6,785
Sep 201702,09047.523.09$6,452
Aug 201702,16145.373.00$6,493
Jul 20171622,55043.873.09$14,980
Jun 201704,60342.493.09$14,211
May 201702,67645.373.26$8,733
Apr 20171785,05647.933.21$24,769
Mar 201704,85746.772.98$14,492
Feb 201703,65450.452.95$10,789
Jan 201703,99949.413.42$13,672
Dec 201604,25248.763.72$15,829
Nov 201603,72242.492.64$9,842
Oct 20161323,81446.193.09$17,883
Sep 201604,12141.553.10$12,778
Aug 201602,61041.442.92$7,633
Jul 201603,72341.622.92$10,887
Jun 20161733,06945.352.69$16,088
May 201602,83642.521.99$5,647
Apr 201601,62836.561.99$3,241
Mar 2016026333.011.79$472
Feb 201601,81026.472.06$3,735
Jan 201601,77427.352.36$4,194
Dec 201501,77332.362.00$3,549
Nov 201501,87338.792.17$4,059
Oct 201501,98043.552.43$4,805
Sep 201501,96042.992.76$5,407
Aug 201502,17640.162.87$6,251
Jul 201501,91448.152.95$5,637
Jun 201501,86456.152.88$5,374
May 201501,87055.212.96$5,527
Apr 201502,10649.822.71$5,700
Mar 201502,07842.892.93$6,098
Feb 201501,58544.662.98$4,717
Jan 201501,94843.433.10$6,040
Dec 201402,05154.693.59$7,366
Nov 201401,93370.464.25$8,219
Oct 201402,12778.303.90$8,297
Sep 201402,06586.164.05$8,354
Aug 201402,16389.394.04$8,728
Jul 201402,31296.564.18$9,663
Jun 201402,11498.164.74$10,014
May 201402,38194.734.73$11,254
Apr 201402,06195.944.81$9,912
Mar 201402,20395.895.06$11,140
Feb 201402,07197.406.19$12,824
Jan 201402,28790.404.86$11,116
Dec 201302,18391.824.35$9,506
Nov 201301,88788.853.74$7,054
Oct 201302,07597.423.78$7,842
Sep 201302,012104.113.72$7,480
Aug 201302,353104.253.52$8,289
Jul 201300102.523.72$0
Jun 201302,27594.403.93$8,949
May 201302,49194.834.15$10,335
Apr 201302,63093.964.28$11,263
Mar 201302,45593.623.91$9,606
Feb 201301,85291.233.42$6,334
Jan 201302,12191.603.42$7,254
Dec 201201,59886.773.42$5,465
Nov 201202,39286.953.62$8,671
Oct 201202,55989.383.40$8,700
Sep 201202,06294.672.92$6,018
Aug 201202,40392.662.91$6,988
Jul 201201,93385.133.02$5,839
Jun 201202,22579.822.52$5,605
May 201202,86791.612.49$7,134
Apr 201202,851101.652.00$5,693
Mar 201202,028105.052.22$4,506
Feb 201202,714101.102.57$6,976
Jan 201203,05798.092.73$8,358
Dec 201103,61796.873.24$11,718
Nov 201103,19095.723.31$10,563
Oct 201103,68284.983.65$13,434
Sep 201103,53283.623.99$14,078
Aug 201103,03283.404.15$12,581
Jul 201103,37194.144.52$15,228
Jun 201103,10392.904.64$14,398
May 201103,14698.134.40$13,858
Apr 201102,668105.964.33$11,561
Mar 201102,75096.364.06$11,158
Feb 201102,77785.644.18$11,608
Jan 201103,01386.504.59$13,826
Dec 201002,94485.734.35$12,800
Nov 201002,80480.843.80$10,642
Oct 201003,10778.103.51$10,902
Sep 201003,12672.633.98$12,440
Aug 201003,67673.684.42$16,246
Jul 201003,56172.554.74$16,867
Jun 201003,70770.364.91$18,203
May 201003,64971.124.24$15,454
Apr 201003,62081.694.12$14,924
Mar 201004,50878.394.39$19,784
Feb 201004,03673.585.44$21,965
Jan 201004,94074.365.96$29,463
Dec 200904,09471.445.48$22,450
Nov 200904,83174.593.75$18,124
Oct 200905,58172.544.11$22,939
Sep 200905,48865.543.06$16,819
Aug 200905,34467.423.22$17,200
Jul 200905,89761.133.46$20,430
Jun 200905,04366.163.90$19,642
May 200905,59554.743.93$21,965
Apr 200906,17746.773.59$22,160
Mar 200907,98642.144.06$32,415
Feb 200907,60232.814.63$35,220
Jan 200909,76235.865.37$52,432
Dec 2008010,20437.105.98$60,991
Nov 200808,69055.496.86$59,617
Oct 200806,19375.246.92$42,868
Sep 200805,500101.767.88$43,324
Aug 200806,561114.228.48$55,657
Jul 200808,715131.0811.39$99,259
Jun 2008010,378131.3313.03$135,253
May 200809,837123.1711.57$113,856
Apr 200809,137110.3110.45$95,526
Mar 2008010,854101.909.66$104,894
Feb 2008012,82392.538.77$112,465
Jan 2008020,34490.388.21$166,937
Dec 2007023,35388.337.30$170,523
Nov 2007028,67291.677.29$209,068
Oct 200703,25682.856.92$22,538
Sep 200701,47975.846.24$9,235
Aug 200701,53069.066.39$9,774
Jul 200703,11070.906.39$19,866
Jun 200704,90662.007.55$37,033
May 200706,74358.747.85$52,907
Apr 200704,49959.617.81$35,116

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            21 bbl  × $106.41 =     $2,235
Gas                  161 Mcf  × $  3.05 =       $490

────────────────────────────────────────────────────
Month total                                   $2,725

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/227871 is the state's own key, not one this site invented.