KEYSTONE HOLT UNIT

Operated by BASIN OIL & GAS OPERATING, LLC (P-5 54430) in the KEYSTONE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173986District 08Field 49129150CondensateGasSaveExport
Value, all time
$11.1 M
Jul 1999 – Aug 2023
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
290
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 38 leases and 425 wells, and the rule below applies to all of them.

Discovered
2015-08-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2016-01-01.

The Commission's schedule remark for this field reads: RULE.

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
CondensateDisposition24,184 bbl$1,390,148
GasProduction1,872,033 Mcf$9,659,978
Total$11,050,126

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 31.9249, -103.0682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92491, -103.06820 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,726 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
1100.0%
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.
00.0%

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 4,726 ft.

Completions filed
Jul 2023
1 of 1 wells

1 well

42-495039166404,726 ftJul 2023Yes

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 (290)

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

290 months

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 202236087.185.86$3,138
Sep 20224944584.888.16$7,792
Aug 20224289894.529.13$12,166
Jul 202255431101.587.54$8,838
Jun 202244193115.097.98$6,604
May 202245503109.378.43$9,163
Apr 202249304104.226.84$7,185
Mar 202247798108.885.08$9,168
Feb 20224529591.054.86$5,531
Jan 2022543681.844.54$4,583
Dec 20214831571.323.90$4,652
Nov 20213320277.435.24$3,613
Oct 20212828379.795.71$3,851
Sep 20212729369.865.35$3,454
Aug 2021282,36266.024.22$11,818
Jul 2021271,52270.783.98$7,972
Jun 2021281,09069.493.38$5,631
May 20213091763.483.02$4,672
Apr 2021432,04160.362.76$8,225
Mar 20214133361.302.72$3,418
Feb 20211561557.805.55$4,279
Jan 2021271,85650.412.81$6,577
Dec 2020292,86644.642.68$8,962
Nov 2020312,71738.772.71$8,556
Oct 2020292,37036.972.48$6,946
Sep 2020272,81937.091.99$6,614
Aug 2020233,02039.982.39$8,123
Jul 2020201,79138.371.83$4,036
Jun 2020251,35234.901.69$3,158
May 2020253116.921.81$479
Apr 2020531,26314.751.80$3,061
Mar 2020502,55330.341.86$6,256
Feb 2020341,57349.881.98$4,812
Jan 202012,54357.252.09$5,384
Dec 201902,93659.012.30$6,766
Nov 201902,89455.302.75$7,961
Oct 201902,90553.472.42$7,026
Sep 201902,24555.052.66$5,966
Aug 2019152,08053.112.30$5,590
Jul 2019652,31556.272.46$9,353
Jun 2019683,00052.782.49$11,063
May 2019322,42458.482.74$8,514
Apr 2019312,47462.632.75$8,747
Mar 2019302,70056.803.06$9,972
Feb 2019242,50050.852.79$8,201
Jan 20191330246.033.23$1,573
Dec 2018251,70146.594.19$8,284
Nov 20181748352.934.24$2,946
Oct 20182065261.443.40$3,444
Sep 2018421,65159.543.11$7,632
Aug 2018361,77359.403.07$7,575
Jul 2018401,75765.142.93$7,757
Jun 2018351,65660.183.08$7,202
May 2018291,98865.382.90$7,663
Apr 2018343,00263.842.90$10,879
Mar 2018353,09861.222.79$10,776
Feb 2018262,21361.782.77$7,728
Jan 20181471062.874.01$3,727
Dec 2017684257.272.92$2,804
Nov 2017332,80155.423.12$10,563
Oct 2017201,27249.292.98$4,781
Sep 2017492,94747.523.09$11,427
Aug 2017501,70345.373.00$7,385
Jul 201721,84343.873.09$5,778
Jun 201701,31242.493.09$4,051
May 201701,39845.373.26$4,562
Apr 2017093047.933.21$2,987
Mar 2017010646.772.98$316
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 20163041.622.92$125
Jun 2016301,16845.352.69$4,498
May 2016903,08642.521.99$9,971
Apr 2016692,24536.561.99$6,993
Mar 2016722,33933.011.79$6,573
Feb 2016712,83826.472.06$7,736
Jan 2016592,57227.352.36$7,695
Dec 2015502,29832.362.00$6,217
Nov 2015783,15138.792.17$9,855
Oct 2015983,47243.552.43$12,693
Sep 2015963,35342.992.76$13,376
Aug 20151123,73940.162.87$15,238
Jul 20151003,97348.152.95$16,516
Jun 2015672,74656.152.88$11,678
May 2015842,48155.212.96$11,970
Apr 2015813,31749.822.71$13,013
Mar 20151013,05642.892.93$13,300
Feb 2015943,31244.662.98$14,055
Jan 20151093,84943.433.10$16,668
Dec 2014783,42154.693.59$16,552
Nov 2014883,62870.464.25$21,626
Oct 20141154,08578.303.90$24,940
Sep 20141044,27086.164.05$26,235
Aug 20141184,36189.394.04$28,145
Jul 20141384,45396.564.18$31,937
Jun 2014994,18798.164.74$29,551
May 20141014,24894.734.73$29,646
Apr 2014954,37195.944.81$30,135
Mar 20141084,59795.895.06$33,602
Feb 2014884,20397.406.19$34,596
Jan 2014824,74290.404.86$30,462
Dec 2013994,94291.824.35$30,610
Nov 2013743,99988.853.74$21,524
Oct 2013484,56197.423.78$21,914
Sep 2013544,478104.113.72$22,270
Aug 2013834,510104.253.52$24,540
Jul 2013534,752102.523.72$23,100
Jun 2013974,92494.403.93$28,525
May 20131164,96394.834.15$31,592
Apr 20131144,27393.964.28$29,011
Mar 20131154,42993.623.91$28,096
Feb 20131034,26991.233.42$23,996
Jan 20131924,73991.603.42$33,794
Dec 20121864,64486.773.42$32,022
Nov 20121954,66086.953.62$33,848
Oct 20121804,93389.383.40$32,859
Sep 20121034,99994.672.92$24,340
Aug 2012845,10392.662.91$22,624
Jul 20121995,60185.133.02$33,860
Jun 20121965,50379.822.52$29,507
May 20121275,67791.612.49$25,761
Apr 20121324,998101.652.00$23,398
Mar 20121056,107105.052.22$24,600
Feb 20121325,365101.102.57$27,135
Jan 20121195,74798.092.73$27,385
Dec 2011856,35196.873.24$28,810
Nov 2011424,58695.723.31$19,206
Oct 2011565,74384.983.65$25,712
Sep 2011554,26883.623.99$21,610
Aug 2011465,99483.404.15$28,707
Jul 20113486,32194.144.52$61,314
Jun 20112046,35592.904.64$48,438
May 2011935,99998.134.40$35,551
Apr 2011145,786105.964.33$26,556
Mar 201116,21796.364.06$25,321
Feb 2011175,12385.644.18$22,870
Jan 20111075,88186.504.59$36,242
Dec 20103816,54085.734.35$61,097
Nov 20104536,54480.843.80$61,457
Oct 20104065,51478.103.51$51,057
Sep 20104205,40772.633.98$52,022
Aug 20101915,26473.684.42$37,336
Jul 20103186,51272.554.74$53,915
Jun 20101156,48270.364.91$39,921
May 20101207,09371.124.24$38,575
Apr 20101127,06281.694.12$38,264
Mar 20101057,15478.394.39$39,628
Feb 2010766,74673.585.44$42,306
Jan 2010717,43074.365.96$49,593
Dec 2009707,63271.445.48$46,853
Nov 2009497,75374.593.75$32,740
Oct 2009378,58672.544.11$37,975
Sep 2009489,18765.543.06$31,302
Aug 2009193,75167.423.22$13,354
Jul 2009334,32761.133.46$17,008
Jun 2009597,85066.163.90$34,479
May 2009588,27254.743.93$35,649
Apr 2009588,05046.773.59$31,592
Mar 2009617,85542.144.06$34,454
Feb 2009797,38732.814.63$36,816
Jan 2009928,57135.865.37$49,334
Dec 2008838,81337.105.98$55,756
Nov 2008878,94255.496.86$66,173
Oct 2008859,99275.246.92$75,560
Sep 2008465,060101.767.88$44,539
Aug 2008669,122114.228.48$84,921
Jul 2008719,320131.0811.39$115,456
Jun 2008669,288131.3313.03$129,715
May 2008619,342123.1711.57$115,640
Apr 2008659,159110.3110.45$102,926
Mar 2008588,941101.909.66$92,317
Feb 2008688,59392.538.77$81,658
Jan 2008729,13890.388.21$81,491
Dec 2007968,77888.337.30$72,576
Nov 20071179,20391.677.29$77,831
Oct 20071019,72582.856.92$75,684
Sep 20071159,61675.846.24$68,765
Aug 20071027,97069.066.39$57,956
Jul 20071189,73770.906.39$70,566
Jun 2007439,04662.007.55$70,949
May 2007349,96758.747.85$80,201
Apr 2007328,36159.617.81$67,167
Mar 20075510,09556.927.30$76,844
Feb 2007568,77655.108.22$75,189
Jan 2007449,62950.306.73$66,986
Dec 2006719,66956.656.92$70,917
Nov 2006299,39754.207.62$73,153
Oct 20068410,01554.906.01$64,840
Sep 20063179,84360.085.04$68,627
Aug 20063510,23468.717.34$77,522
Jul 20066710,49769.376.34$71,228
Jun 20063210,23466.286.38$67,454
May 20063310,10166.016.42$67,077
Apr 20066510,61364.397.36$82,302
Mar 20067911,26656.707.08$84,275
Feb 20066310,38057.597.75$84,085
Jan 20067311,47060.598.93$106,888
Dec 20056311,17854.9413.42$153,419
Nov 20056410,92454.6910.59$119,168
Oct 200510911,61258.3413.80$166,555
Sep 20056611,26161.4512.08$140,077
Aug 20056610,98861.519.80$111,707
Jul 20057210,90855.697.84$89,568
Jun 20056010,05652.337.38$77,364
May 20056210,75745.226.65$74,350
Apr 20056010,47849.207.36$80,075
Mar 20057510,65250.377.15$79,992
Feb 2005579,67845.226.31$63,664
Jan 200510210,81843.166.32$72,796
Dec 20049810,79039.866.75$76,750
Nov 20049010,52945.286.33$70,728
Oct 20049111,22549.706.52$77,655
Sep 20049911,05143.245.28$62,673
Aug 20043111,47442.375.55$65,002
Jul 20043511,56038.286.08$71,673
Jun 20043211,26836.106.43$73,642
May 20043111,62137.486.49$76,635
Apr 20045811,30734.475.86$68,241
Mar 2004511,41734.365.53$63,309
Feb 200410310,89732.455.51$63,381
Jan 200412211,91132.036.30$78,943
Dec 20039412,06630.266.30$78,880
Nov 200314011,92328.804.60$58,820
Oct 200316112,55028.174.76$64,269
Sep 200315912,00826.314.75$61,214
Aug 20039312,76829.765.13$68,264
Jul 20039612,79729.415.17$68,995
Jun 20038712,39228.565.98$76,626
May 20039312,57226.595.97$77,561
Apr 20035912,25426.675.41$67,834
Mar 200312412,89031.146.10$82,439
Feb 20038311,77733.487.93$96,122
Jan 20036713,16430.315.58$75,513
Dec 200212613,22626.914.85$67,586
Nov 200210612,48024.664.14$54,243
Oct 20028913,42026.464.23$59,110
Sep 200214713,28127.443.64$52,313
Aug 200216313,58225.963.16$47,207
Jul 200218513,87124.583.06$47,017
Jun 200211413,68723.733.34$48,396
May 200215613,55824.663.58$52,439
Apr 200214213,39923.653.51$50,420
Mar 200215313,90522.003.10$46,509
Feb 200213912,49218.222.38$32,210
Jan 20029513,82517.172.38$34,475
Dec 200114813,96316.932.36$35,520
Nov 200114013,62218.072.41$35,298
Oct 200116014,29419.782.53$39,313
Sep 200117614,05824.262.25$35,919
Aug 200114914,67424.873.05$48,508
Jul 200116615,13323.933.20$52,354
Jun 200113214,90924.563.82$60,256
May 200112514,94825.524.31$67,576
Apr 200120814,83824.685.34$84,299
Mar 200122615,02524.545.38$86,327
Feb 200111913,37727.755.77$80,448
Jan 200116214,64327.478.40$127,433
Dec 200016414,78326.889.12$139,266
Nov 200018513,23632.215.66$80,848
Oct 200016715,47731.235.15$84,852
Sep 200015916,00231.875.19$88,062
Aug 200032617,62029.644.54$89,671
Jul 200063414,48028.534.09$77,308
Jun 200003,71129.304.40$16,318
May 200005,49327.263.68$20,213
Apr 2000928,41124.513.12$28,464
Mar 20009810,55728.422.86$32,976
Feb 200012210,77327.622.73$32,742
Jan 2000012,15525.272.48$30,150
Dec 199918012,67224.282.42$35,084
Nov 199915512,21823.192.43$33,333
Oct 199918713,20420.982.80$40,943
Sep 199918812,29021.752.62$36,275
Aug 199916614,08719.262.88$43,706
Jul 199917714,22817.892.37$36,921

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.

Oct 2022 — as filed, then multipliedworked
Condensate            36 bbl  × $ 87.18 =     $3,138
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $3,138

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. 08/G/173986 is the state's own key, not one this site invented.