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 244210District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Dec 2008 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
210
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 Gas112009-02-25189743
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
CondensateDisposition7,831 bbl$560,220
GasProduction453,758 Mcf$1,794,842
Total$2,355,061

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 32.0622, -94.4958. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06223, -94.49577 · 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
9,900 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 9,900 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-3653723729,900 ftDec 2008

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 (210)

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

210 months

May 20260404106.413.05$1,231
Apr 20269128998.932.87$9,832
Mar 2026045189.753.15$1,420
Feb 2026037663.503.75$1,410
Jan 2026042159.138.00$3,367
Dec 2025046156.664.41$2,035
Nov 2025028958.593.93$1,135
Oct 2025025459.383.30$839
Sep 2025024462.743.08$751
Aug 2025043963.933.01$1,323
Jul 2025015566.743.32$514
Jun 2025035366.483.13$1,104
May 2025042760.553.23$1,380
Apr 2025040262.363.54$1,424
Mar 20250067.704.27$0
Feb 202504670.884.34$200
Jan 202505074.324.28$214
Dec 202404968.993.12$153
Nov 202405769.052.20$125
Oct 202405371.372.28$121
Sep 20241865469.612.36$13,075
Aug 202405675.632.06$116
Jul 2024057579.932.15$1,234
Jun 2024039378.082.63$1,035
May 202401,29978.812.20$2,856
Apr 2024020484.451.66$338
Mar 2024044880.301.55$692
Feb 2024071176.091.78$1,268
Jan 2024048773.023.30$1,606
Dec 2023061271.262.61$1,598
Nov 2023064077.892.81$1,797
Oct 2023059685.443.09$1,840
Sep 2023066689.042.74$1,822
Aug 2023079580.522.67$2,125
Jul 2023050374.852.64$1,329
Jun 2023056468.962.26$1,274
May 2023069770.622.23$1,553
Apr 2023066278.122.24$1,481
Mar 2023067572.852.39$1,615
Feb 2023056875.112.47$1,401
Jan 2023061376.533.39$2,077
Dec 2022051076.415.73$2,922
Nov 2022061085.005.65$3,444
Oct 2022075087.185.86$4,398
Sep 2022085684.888.16$6,988
Aug 2022088394.529.13$8,059
Jul 2022187900101.587.54$25,783
Jun 20220872115.097.98$6,956
May 20220916109.378.43$7,725
Apr 20220718104.226.84$4,909
Mar 20220873108.885.08$4,432
Feb 2022075491.054.86$3,664
Jan 2022084781.844.54$3,843
Dec 2021084271.323.90$3,283
Nov 2021078277.435.24$4,095
Oct 2021064079.795.71$3,657
Sep 2021090669.865.35$4,848
Aug 202101,03966.024.22$4,385
Jul 2021091070.783.98$3,624
Jun 2021094169.493.38$3,181
May 2021076763.483.02$2,315
Apr 202101,16260.362.76$3,205
Mar 2021098961.302.72$2,687
Feb 2021071757.805.55$3,978
Jan 202116092150.412.81$10,654
Dec 202001,19444.642.68$3,195
Nov 202001,00838.772.71$2,728
Oct 202001,18936.972.48$2,947
Sep 202001,22537.091.99$2,439
Aug 202001,02639.982.39$2,447
Jul 2020054138.371.83$987
Jun 2020071634.901.69$1,210
May 2020095916.921.81$1,740
Apr 2020060914.751.80$1,099
Mar 2020069130.341.86$1,283
Feb 2020065549.881.98$1,297
Jan 2020097757.252.09$2,047
Dec 2019042659.012.30$982
Nov 2019049155.302.75$1,351
Oct 2019061953.472.42$1,497
Sep 2019059055.052.66$1,568
Aug 2019056953.112.30$1,311
Jul 2019051356.272.46$1,262
Jun 2019083352.782.49$2,075
May 201901,02258.482.74$2,801
Apr 2019083162.632.75$2,286
Mar 2019092356.803.06$2,826
Feb 2019070850.852.79$1,977
Jan 2019095846.033.23$3,093
Dec 2018038546.594.19$1,611
Nov 201801,38652.934.24$5,873
Oct 201812884361.443.40$10,729
Sep 2018080059.543.11$2,486
Aug 2018073459.403.07$2,251
Jul 2018048865.142.93$1,431
Jun 2018066460.183.08$2,043
May 2018096765.382.90$2,805
Apr 2018092063.842.90$2,669
Mar 2018084561.222.79$2,355
Feb 2018076561.782.77$2,116
Jan 2018081962.874.01$3,284
Dec 201701,16957.272.92$3,415
Nov 2017691,03155.423.12$7,039
Oct 201701,21349.292.98$3,619
Sep 201701,09247.523.09$3,371
Aug 201701,64745.373.00$4,948
Jul 201701,55943.873.09$4,813
Jun 201701,47842.493.09$4,563
May 20171901,37745.373.26$13,114
Apr 201701,26547.933.21$4,063
Mar 201701,33046.772.98$3,968
Feb 201701,02350.452.95$3,021
Jan 201701,18949.413.42$4,065
Dec 201601,14548.763.72$4,263
Nov 201601,64242.492.64$4,342
Oct 201601,77846.193.09$5,494
Sep 201601,87741.553.10$5,820
Aug 201601,94441.442.92$5,685
Jul 201602,02141.622.92$5,910
Jun 201601,94345.352.69$5,219
May 201601,79142.521.99$3,566
Apr 201601,96636.561.99$3,914
Mar 201601,99033.011.79$3,570
Feb 2016099426.472.06$2,051
Jan 2016094927.352.36$2,244
Dec 201517341032.362.00$6,419
Nov 2015061238.792.17$1,326
Oct 2015016443.552.43$398
Sep 2015033742.992.76$930
Aug 2015014840.162.87$425
Jul 201502,20548.152.95$6,494
Jun 201501,14556.152.88$3,301
May 2015057555.212.96$1,699
Apr 2015028349.822.71$766
Mar 2015010742.892.93$314
Feb 2015037044.662.98$1,101
Jan 201515550443.433.10$8,294
Dec 2014056954.693.59$2,043
Nov 2014039370.464.25$1,671
Oct 2014018678.303.90$726
Sep 2014065586.164.05$2,650
Aug 2014060689.394.04$2,445
Jul 201401,23896.564.18$5,174
Jun 201401,31598.164.74$6,229
May 201401,27594.734.73$6,026
Apr 20141891,11195.944.81$23,476
Mar 201401,79795.895.06$9,087
Feb 201401,17397.406.19$7,263
Jan 2014082190.404.86$3,991
Dec 201302,66891.824.35$11,618
Nov 201301,89688.853.74$7,088
Oct 201302,09797.423.78$7,925
Sep 2013182,042104.113.72$9,466
Aug 20131312,178104.253.52$21,329
Jul 201301,735102.523.72$6,450
Jun 201302,04194.403.93$8,028
May 20131861,95594.834.15$25,750
Apr 201302,22393.964.28$9,520
Mar 201302,48893.623.91$9,735
Feb 201302,12691.233.42$7,271
Jan 20131832,17491.603.42$24,198
Dec 201202,74486.773.42$9,385
Nov 201202,75986.953.62$10,001
Oct 201202,78389.383.40$9,461
Sep 201202,78094.672.92$8,113
Aug 201202,83892.662.91$8,253
Jul 201203,17285.133.02$9,582
Jun 20121923,13779.822.52$23,228
May 201203,16691.612.49$7,878
Apr 20121953,353101.652.00$26,517
Mar 201202,645105.052.22$5,877
Feb 201203,530101.102.57$9,073
Jan 201204,16898.092.73$11,396
Dec 201103,95396.873.24$12,807
Nov 20111863,60495.723.31$29,738
Oct 201103,81484.983.65$13,916
Sep 201104,86483.623.99$19,387
Aug 201105,25683.404.15$21,809
Jul 20111946,99894.144.52$49,875
Jun 201107,24092.904.64$33,593
May 20111928,03098.134.40$54,212
Apr 20111888,194105.964.33$55,427
Mar 201109,14196.364.06$37,088
Feb 201106,43585.644.18$26,898
Jan 201106,00886.504.59$27,569
Dec 20101995,49885.734.35$40,964
Nov 20101915,70980.843.80$37,108
Oct 20102096,01578.103.51$37,429
Sep 201005,83072.633.98$23,200
Aug 20101916,42673.684.42$42,472
Jul 20101866,87172.554.74$46,039
Jun 20101941,07970.364.91$18,948
May 20101967,59371.124.24$46,098
Apr 201007,22781.694.12$29,795
Mar 20103807,86178.394.39$64,288
Feb 201005,92473.585.44$32,241
Jan 20102006,58874.365.96$54,163
Dec 200936110,22671.445.48$81,867
Nov 200908,68874.593.75$32,593
Oct 200938910,04672.544.11$69,510
Sep 20091959,58665.543.06$42,159
Aug 20091939,35467.423.22$43,118
Jul 20093838,38861.133.46$52,473
Jun 2009010,08266.163.90$39,269
May 200940012,70254.743.93$71,761
Apr 200906,67346.773.59$23,939
Mar 20090042.144.06$0
Feb 20093631,67832.814.63$19,684
Jan 200921516,32835.865.37$95,408
Dec 200819321,70737.105.98$136,906

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                  404 Mcf  × $  3.05 =     $1,231

────────────────────────────────────────────────────
Month total                                   $1,231

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/244210 is the state's own key, not one this site invented.