KEEL, PRUITT

Operated by MCKENNEY & CHAMBERS OIL COMPANY (P-5 550670) in the WESTBROOK, EAST (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24140District 08Field 96565500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21 k
Jan 1993 – May 1997
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
53
no gaps in the span
Streams
2
oil, casinghead 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 57 leases and 141 wells, and the rule below applies to all of them.

Discovered
1975-04-28
as the register files it
Field class
Oil
the register's own label
Between wells
600 ft
minimum
From a lease line
300 ft
minimum

A drilling unit in this field needs at least 10 acres.

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: 10 ACRE OPTION-1100' DIAGONAL

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
OilDisposition1,203 bbl$20,858
Casinghead gasProduction21 Mcf$0
Total$20,858

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 32.4076, -100.9860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.40760, -100.98601 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
3,266 ft
2 wells filed one
Completion to plug
27.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 3,200 and 3,332 ft, median 3,266 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1976 – Aug 1977
2 of 2 wells
Plug dates filed
Jan 2004
1 of 2 wells; 1 filed none

Last completion to plug: a median of 27.6 years across the 1 well that filed both dates, with the middle half between 27.6 years and 27.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3353088723,200 ftAug 1977
42-3353070913,332 ftJun 1976Jan 2004Yes

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 (53)

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

53 months

May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 199743020.492.21$881
Jan 199726023.483.54$610
Dec 199633023.32$770
Nov 199633021.97$725
Oct 19960023.31$0
Sep 199644022.22$978
Aug 19960020.26$0
Jul 199652019.55$1,017
Jun 19960018.73$0
May 19960019.43$0
Apr 199624021.51$516
Mar 199621019.38$407
Feb 199640016.98$679
Jan 19960017.07$0
Dec 1995196017.19$3,369
Nov 19950016.00$0
Oct 199518015.43$278
Sep 199535016.18$566
Aug 19950015.92$0
Jul 199525015.24$381
Jun 199518016.41$295
May 199523017.56$404
Apr 199530017.73$532
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 199442015.03$631
Nov 19940015.90$0
Oct 199420115.58$312
Sep 199420115.29$306
Aug 199444116.13$710
Jul 19940117.56$0
Jun 199445117.09$769
May 19940115.88$0
Apr 199446114.14$650
Mar 19940112.46$0
Feb 199424112.50$300
Jan 199445112.66$570
Dec 19930112.33$0
Nov 199344114.49$638
Oct 19930115.85$0
Sep 199344115.03$661
Aug 19930115.66$0
Jul 199330115.46$464
Jun 19930016.79$0
May 1993138117.68$2,440
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$0

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.

Feb 1997 — as filed, then multipliedworked
Oil                   43 bbl  × $ 20.49 =       $881
Casinghead gas         0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                     $881

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/O/24140 is the state's own key, not one this site invented.