SOUTH KEYSTONE /ELLEN/ UNIT

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

Gas lease lease 280021District 08Field 49129330Hydrogen sulphide fieldGasSaveExport
Value, all time
$686 k
Oct 2015 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
128
no gaps in the span
Streams
1
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 94 leases and 250 wells, and the rule below applies to all of them.

Discovered
1943-06-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: EACH OPERATOR HAS PRODUCED ITS FULL ALLOCATED SHARE.

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
GasProduction239,113 Mcf$686,378
Total$686,378

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 31.9240, -103.0369. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92399, -103.03688 · 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
9,909 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 9,909 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-4950114510659,909 ftJul 2015

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 (128)

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

128 months

May 20260106.413.05$0
Apr 20263798.932.87$106
Mar 20266889.753.15$214
Feb 20265963.503.75$221
Jan 20264759.138.00$376
Dec 20255056.664.41$221
Nov 20254858.593.93$188
Oct 20259259.383.30$304
Sep 20257562.743.08$231
Aug 2025063.933.01$0
Jul 20256066.743.32$199
Jun 20256866.483.13$213
May 20256760.553.23$217
Apr 2025762.363.54$25
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 20255474.324.28$231
Dec 20245268.993.12$162
Nov 20244969.052.20$108
Oct 20245071.372.28$114
Sep 20244769.612.36$111
Aug 20245075.632.06$103
Jul 20244779.932.15$101
Jun 20244778.082.63$124
May 20244878.812.20$106
Apr 20244884.451.66$80
Mar 20244780.301.55$73
Feb 20244576.091.78$80
Jan 20244873.023.30$158
Dec 20235171.262.61$133
Nov 20232877.892.81$79
Oct 20232285.443.09$68
Sep 20234389.042.74$118
Aug 20234580.522.67$120
Jul 20234774.852.64$124
Jun 20234668.962.26$104
May 20234370.622.23$96
Apr 20234378.122.24$96
Mar 20232672.852.39$62
Feb 20233775.112.47$91
Jan 20235576.533.39$186
Dec 20226376.415.73$361
Nov 20226585.005.65$367
Oct 20226187.185.86$358
Sep 20224384.888.16$351
Aug 2022194.529.13$9
Jul 202224101.587.54$181
Jun 202270115.097.98$558
May 202279109.378.43$666
Apr 202278104.226.84$533
Mar 202268108.885.08$345
Feb 20224191.054.86$199
Jan 20225281.844.54$236
Dec 20214071.323.90$156
Nov 20212677.435.24$136
Oct 20213679.795.71$206
Sep 20214569.865.35$241
Aug 20215666.024.22$236
Jul 20215270.783.98$207
Jun 20216069.493.38$203
May 20216163.483.02$184
Apr 20217560.362.76$207
Mar 20215961.302.72$160
Feb 20213757.805.55$205
Jan 20219550.412.81$267
Dec 202010944.642.68$292
Nov 202010738.772.71$290
Oct 202011236.972.48$278
Sep 202011737.091.99$233
Aug 202011039.982.39$262
Jul 202011938.371.83$217
Jun 202011834.901.69$199
May 202025216.921.81$457
Apr 20202,80714.751.80$5,065
Mar 20203,63430.341.86$6,746
Feb 20202,95149.881.98$5,845
Jan 20203,51757.252.09$7,367
Dec 20193,32859.012.30$7,669
Nov 20193,86655.302.75$10,634
Oct 20192,68653.472.42$6,496
Sep 20191,68055.052.66$4,464
Aug 20192,63053.112.30$6,060
Jul 20193,41956.272.46$8,411
Jun 20193,20352.782.49$7,979
May 20194,16158.482.74$11,402
Apr 20193,67262.632.75$10,101
Mar 20196,14756.803.06$18,823
Feb 20194,82350.852.79$13,467
Jan 20195,96546.033.23$19,256
Dec 20185,08946.594.19$21,300
Nov 20183,24252.934.24$13,737
Oct 20183,51761.443.40$11,951
Sep 20184,44959.543.11$13,827
Aug 20184,81059.403.07$14,750
Jul 20184,96265.142.93$14,548
Jun 20184,73660.183.08$14,572
May 20184,78065.382.90$13,866
Apr 20185,25863.842.90$15,252
Mar 20185,88461.222.79$16,398
Feb 20185,13361.782.77$14,198
Jan 20186,30662.874.01$25,283
Dec 20177,78357.272.92$22,738
Nov 20178,66555.423.12$27,021
Oct 20175,27249.292.98$15,730
Sep 20177,09047.523.09$21,889
Aug 20174,32145.373.00$12,982
Jul 20174,15043.873.09$12,812
Jun 20175,50442.493.09$16,992
May 20177,09445.373.26$23,151
Apr 20174,97547.933.21$15,978
Mar 20175,82446.772.98$17,377
Feb 20177,47650.452.95$22,074
Jan 20177,02149.413.42$24,003
Dec 20165,56148.763.72$20,703
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 201644342.521.99$882
Apr 20166,58936.561.99$13,119
Mar 20166,68933.011.79$12,000
Feb 20161,90926.472.06$3,939
Jan 20166,43527.352.36$15,215
Dec 20157,14332.362.00$14,296
Nov 20151,87938.792.17$4,072
Oct 20156,50843.552.43$15,792

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.

Apr 2026 — as filed, then multipliedworked
Gas                   37 Mcf  × $  2.87 =       $106

────────────────────────────────────────────────────
Month total                                     $106

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/280021 is the state's own key, not one this site invented.