KERMIT "A"

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

Oil lease lease 24390District 08Field 49038001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$2.6 M
Jan 1993 – Jan 2025
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
385
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 177 leases and 1,256 wells, and the rule below applies to all of them.

Discovered
1928-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 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 1937-02-20.

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.

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
NGPA2none

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
OilDisposition52,171 bbl$1,791,247
Casinghead gasProduction330,764 Mcf$848,960
Total$2,640,207

110,777 Mcf of this lease's gas, across 48 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 (4)

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 31.8058, -103.0936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.80578, -103.09302 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
3,250 ft
4 wells filed one
Completion to plug
36.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 3,250 and 3,253 ft, median 3,250 ft, over the 4 wells that filed a depth.

Completions filed
Jan 1977 – Mar 2023
4 of 4 wells
Plug dates filed
Nov 2018 – Jul 2023
4 of 4 wells

Last completion to plug: a median of 36.3 years across the 4 wells that filed both dates, with the middle half between 23.6 years and 41.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4953048713,250 ftMar 2023Jul 2023Yes
42-4953048443,250 ftOct 1990Feb 2022Yes
42-495304853W3,250 ftSep 1977Nov 2018Yes
42-4953048623,253 ftJan 1977Jun 2019Yes

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 (385)

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

385 months

Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202463069.052.20$4,350
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
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 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021114066.024.22$7,526
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021167063.483.02$10,601
Apr 20213060.362.76$181
Mar 20212061.302.72$123
Feb 20210057.805.55$0
Jan 2021166050.412.81$8,368
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020168016.921.81$2,843
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020169057.252.09$9,675
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019165055.052.66$9,083
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019179052.782.49$9,448
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017177047.523.09$8,411
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017160042.493.09$6,798
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016331048.763.72$16,140
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016161041.553.10$6,690
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016164042.521.99$6,973
Apr 20160036.561.99$0
Mar 2016166033.011.79$5,480
Feb 20160026.472.06$0
Jan 2016165027.352.36$4,513
Dec 20150032.362.00$0
Nov 2015162038.792.17$6,284
Oct 20150043.552.43$0
Sep 2015165042.992.76$7,093
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015160056.152.88$8,984
May 20154055.212.96$221
Apr 20150049.822.71$0
Mar 2015167042.892.93$7,163
Feb 20150044.662.98$0
Jan 20153043.433.10$130
Dec 2014132054.693.59$7,219
Nov 20140070.464.25$0
Oct 2014176078.303.90$13,781
Sep 20140086.164.05$0
Aug 2014165089.394.04$14,749
Jul 2014166096.564.18$16,029
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014161095.944.81$15,446
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013145094.834.15$13,750
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013169091.603.42$15,480
Dec 2012175086.773.42$15,185
Nov 20120086.953.62$0
Oct 2012166089.383.40$14,837
Sep 20120094.672.92$0
Aug 2012177092.662.91$16,401
Jul 2012172085.133.02$14,642
Jun 2012161079.822.52$12,851
May 2012181091.612.49$16,581
Apr 20121510101.652.00$15,349
Mar 20121820105.052.22$19,119
Feb 20123500101.102.57$35,385
Jan 2012166098.092.73$16,283
Dec 2011175096.873.24$16,952
Nov 2011179095.723.31$17,134
Oct 2011178084.983.65$15,126
Sep 20110083.623.99$0
Aug 2011334083.404.15$27,856
Jul 20110094.144.52$0
Jun 2011315092.904.64$29,264
May 201113098.134.40$1,276
Apr 20111740105.964.33$18,437
Mar 20110096.364.06$0
Feb 201115085.644.18$1,285
Jan 2011163086.504.59$14,100
Dec 20101085.734.35$86
Nov 20100080.843.80$0
Oct 20106078.103.51$469
Sep 2010168072.633.98$12,202
Aug 20100073.684.42$0
Jul 2010176072.554.74$12,769
Jun 2010174070.364.91$12,243
May 20100071.124.24$0
Apr 2010173081.694.12$14,132
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009170074.593.75$12,680
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009160067.423.22$10,787
Jul 20090061.133.46$0
Jun 200916516566.163.90$11,559
May 20090054.743.93$0
Apr 2009167046.773.59$7,811
Mar 2009167042.144.06$7,037
Feb 20090032.814.63$0
Jan 2009166035.865.37$5,953
Dec 20080037.105.98$0
Nov 2008171055.496.86$9,489
Oct 2008171075.246.92$12,866
Sep 200800101.767.88$0
Aug 20081630114.228.48$18,618
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081650110.3110.45$18,201
Mar 200800101.909.66$0
Feb 2008175092.538.77$16,193
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200764091.677.29$5,867
Oct 2007156082.856.92$12,925
Sep 20070075.846.24$0
Aug 2007181069.066.39$12,500
Jul 2007179070.906.39$12,691
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007155059.617.81$9,240
Mar 2007174056.927.30$9,904
Feb 20070055.108.22$0
Jan 2007172050.306.73$8,652
Dec 20060056.656.92$0
Nov 20061768754.207.62$10,202
Oct 2006040054.906.01$2,406
Sep 200617338360.085.04$12,323
Aug 200617518368.717.34$13,367
Jul 2006028469.376.34$1,801
Jun 200616537166.286.38$13,305
May 200617559066.016.42$15,343
Apr 200617841364.397.36$14,501
Mar 2006046856.707.08$3,315
Feb 200617137157.597.75$12,724
Jan 200617531460.598.93$13,408
Dec 2005052554.9413.42$7,043
Nov 200517129454.6910.59$12,465
Oct 200517521758.3413.80$13,203
Sep 200517628161.4512.08$14,209
Aug 200517623761.519.80$13,148
Jul 2005065455.697.84$5,130
Jun 20051741,48752.337.38$20,081
May 20053111,46845.226.65$23,827
Apr 20051771,61149.207.36$20,566
Mar 20052261,41750.377.15$21,522
Feb 20051671,31345.226.31$15,839
Jan 20051771,56243.166.32$17,515
Dec 20042601,51339.866.75$20,578
Nov 20043331,45145.286.33$24,264
Oct 20041781,55749.706.52$18,991
Sep 20043471,45843.245.28$22,708
Aug 20041771,54842.375.55$16,092
Jul 20043201,56338.286.08$21,759
Jun 20041641,45936.106.43$15,306
May 20041521,62237.486.49$16,231
Apr 20043211,62034.475.86$20,556
Mar 20042131,83834.365.53$17,483
Feb 200416515232.455.51$6,192
Jan 20043171,30832.036.30$18,393
Dec 20031921,44830.266.30$14,935
Nov 20032401,69128.804.60$14,682
Oct 20033411,77028.174.76$18,031
Sep 20031771,80626.314.75$13,234
Aug 20032571,62129.765.13$15,964
Jul 20032121,78529.415.17$15,465
Jun 20032721,66228.565.98$17,712
May 20033151,80926.595.97$19,180
Apr 20031781,82326.675.41$14,605
Mar 20032601,88831.146.10$19,606
Feb 20032761,71333.487.93$22,818
Jan 20032671,86230.315.58$18,487
Dec 20023201,83426.914.85$17,513
Nov 20022901,75824.664.14$14,424
Oct 20021801,37226.464.23$10,565
Sep 20023541,76627.443.64$16,134
Aug 20021782,04225.963.16$11,082
Jul 20023301,97524.583.06$14,158
Jun 20021781,99823.733.34$10,894
May 20023392,01024.663.58$15,564
Apr 20021741,76623.653.51$10,318
Mar 20023361,96822.003.10$13,498
Feb 20021731,79618.222.38$7,419
Jan 20023342,57917.172.38$11,862
Dec 20013432,06216.932.36$10,682
Nov 20011662,15418.072.41$8,181
Oct 20013332,30019.782.53$12,403
Sep 20013402,29824.262.25$13,422
Aug 20011742,29124.873.05$11,322
Jul 20011702,26023.933.20$11,294
Jun 20013252,19024.563.82$16,357
May 20011692,25825.524.31$14,039
Apr 20011582,19524.685.34$15,610
Mar 20011602,25424.545.38$16,045
Feb 20011542,07027.755.77$16,211
Jan 20011752,08027.478.40$22,277
Dec 20001702,29526.889.12$25,506
Nov 20001712,18732.215.66$17,882
Oct 20001782,34031.235.15$17,599
Sep 20001762,22931.875.19$17,170
Aug 20001782,26529.644.54$15,561
Jul 20001872,35428.534.09$14,962
Jun 20001621,99829.304.40$13,532
May 20001792,25227.263.68$13,166
Apr 20001692,25124.513.12$11,156
Mar 20001742,25828.422.86$11,402
Feb 20001722,17227.622.73$10,673
Jan 20003522,33225.272.48$14,680
Dec 19991742,33824.282.42$9,891
Nov 19991792,29423.192.43$9,735
Oct 19991892,40320.982.80$10,703
Sep 19991762,48121.752.62$10,325
Aug 19991772,30319.262.88$10,032
Jul 19991892,34617.892.37$8,947
Jun 19991841,84415.942.36$7,289
May 19991802,60915.792.32$8,898
Apr 19991792,50515.102.21$8,234
Mar 19991802,58712.471.84$7,000
Feb 19991762,3329.981.82$5,996
Jan 19991832,65710.381.90$6,948
Dec 19983632,5979.201.77$7,945
Nov 19981862,55610.892.19$7,612
Oct 19981802,73212.421.97$7,615
Sep 19981832,76612.592.08$8,065
Aug 19981752,94711.301.91$7,598
Jul 19983473,03011.742.24$10,853
Jun 19981673,02211.242.24$8,638
May 19981723,40912.622.21$9,692
Apr 1998075513.042.51$1,892
Mar 1998034112.802.31$788
Feb 19981762,40213.952.30$7,978
Jan 19983392,64214.702.15$10,676
Dec 19971732,70616.322.41$9,348
Nov 19971712,59318.193.09$11,118
Oct 19971692,79719.253.15$12,063
Sep 19971702,64417.742.95$10,829
Aug 19971692,34417.862.55$9,007
Jul 19971672,88217.582.25$9,412
Jun 19971692,75717.242.26$9,137
May 19973422,77818.972.31$12,901
Apr 19971682,80717.882.08$8,850
Mar 19973372,91718.951.94$12,043
Feb 19971812,79420.492.21$9,872
Jan 19971992,79923.483.54$14,580
Dec 19961862,02123.32$4,338
Nov 19961733,06321.97$3,801
Oct 19961833,27023.31$4,266
Sep 19963553,34022.22$7,888
Aug 19961693,45520.26$3,424
Jul 19963433,19519.55$6,706
Jun 19961613,45718.73$3,016
May 19963153,67619.43$6,120
Apr 19961703,07821.51$3,657
Mar 19963443,38119.38$6,667
Feb 19961673,34116.98$2,836
Jan 19963333,57317.07$5,684
Dec 19951663,44317.19$2,854
Nov 19953373,67616.00$5,392
Oct 19953363,92215.43$5,184
Sep 19951764,04216.18$2,848
Aug 19953313,92715.92$5,270
Jul 19953293,65315.24$5,014
Jun 19951753,94716.41$2,872
May 19953474,25217.56$6,093
Apr 19953414,36817.73$6,046
Mar 19953564,79616.44$5,853
Feb 19953584,63516.58$5,936
Jan 19953484,62315.92$5,540
Dec 19943493,77015.03$5,245
Nov 19943382,85015.90$5,374
Oct 19941753,20515.58$2,727
Sep 19943613,04815.29$5,520
Aug 19943492,87816.13$5,629
Jul 199435035317.56$6,146
Jun 199435744417.09$6,101
May 199435946615.88$5,701
Apr 199466737814.14$9,431
Mar 199488234712.46$10,990
Feb 1994034812.50$0
Jan 1994040412.66$0
Dec 199353237112.33$6,560
Nov 199336234514.49$5,245
Oct 199337334915.85$5,912
Sep 199341143315.03$6,177
Aug 199355950515.66$8,754
Jul 199356850415.46$8,781
Jun 199339940516.79$6,699
May 199354226617.68$9,583
Apr 199354527818.05$9,837
Mar 199353531818.14$9,705
Feb 199353837717.90$9,630
Jan 1993538116.93$9,108

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.

Nov 2024 — as filed, then multipliedworked
Oil                   63 bbl  × $ 69.05 =     $4,350
Casinghead gas         0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                   $4,350

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/24390 is the state's own key, not one this site invented.