KEYSTONE -4-

Operated by WHITING OIL AND GAS CORPORATION (P-5 920478) in the KEYSTONE (SILURIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29169District 08Field 49129660Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$4.2 M
Jan 1993 – Aug 2019
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
320
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 31 leases and 165 wells, and the rule below applies to all of them.

Discovered
1955-05-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,110 ft
minimum
From a lease line
555 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2019-02-26.

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: FIELDS CONSOLIDATED INTO THE KEYSTONE (DEV-MCKEE CONS) FIELD.

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
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
OilDisposition118,097 bbl$3,558,412
Casinghead gasProduction197,292 Mcf$665,415
Total$4,223,828

37,999 Mcf of this lease's gas, across 47 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 (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 31.9724, -103.0812. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97242, -103.08116 · 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
9,100 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 9,100 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-4953175919,100 ftJul 2011Yes

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 (320)

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

320 months

Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20197739850.852.79$5,027
Jan 20198043446.033.23$5,083
Dec 20187542146.594.19$5,256
Nov 20187841852.934.24$5,900
Oct 20188545561.443.40$6,769
Sep 20188442959.543.11$6,335
Aug 20189343659.403.07$6,861
Jul 20187344365.142.93$6,054
Jun 201810942360.183.08$7,861
May 20187744365.382.90$6,319
Apr 20187842563.842.90$6,212
Mar 201813443961.222.79$9,427
Feb 20187840161.782.77$5,928
Jan 20189545262.874.01$7,785
Dec 20178044357.272.92$5,876
Nov 20177441155.423.12$5,383
Oct 20176144449.292.98$4,331
Sep 20178342947.523.09$5,269
Aug 201712840845.373.00$7,033
Jul 201733743143.873.09$16,115
Jun 201730541342.493.09$14,235
May 201721142645.373.26$10,963
Apr 201713741347.933.21$7,893
Mar 20170046.772.98$0
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 20168041.442.92$332
Jul 2016538041.622.92$2,440
Jun 201614240645.352.69$7,530
May 201616141442.521.99$7,670
Apr 201613934936.561.99$5,777
Mar 20166528533.011.79$2,657
Feb 20168938726.472.06$3,154
Jan 20167023327.352.36$2,465
Dec 201511040032.362.00$4,360
Nov 201513039638.792.17$5,901
Oct 20159342043.552.43$5,069
Sep 201510041842.992.76$5,452
Aug 20159142540.162.87$4,875
Jul 20158941648.152.95$5,511
Jun 20158339756.152.88$5,805
May 20158040455.212.96$5,611
Apr 20158642749.822.71$5,440
Mar 201515141242.892.93$7,685
Feb 201514546044.662.98$7,845
Jan 201515438943.433.10$7,894
Dec 201410040654.693.59$6,927
Nov 201410070370.464.25$10,035
Oct 20147257278.303.90$7,869
Sep 20148319186.164.05$7,924
Aug 201411867789.394.04$13,280
Jul 20149366496.564.18$11,755
Jun 201413383498.164.74$17,006
May 201413472094.734.73$16,097
Apr 201416790095.944.81$20,350
Mar 201414593895.895.06$18,647
Feb 201412369797.406.19$16,296
Jan 201425991990.404.86$27,881
Dec 201318782391.824.35$20,754
Nov 201315776788.853.74$16,817
Oct 20132151,03197.423.78$24,842
Sep 2013235950104.113.72$27,998
Aug 2013175844104.253.52$21,217
Jul 2013162407102.523.72$18,121
Jun 201333595294.403.93$35,369
May 20131921,20494.834.15$23,203
Apr 20132941,18593.964.28$32,699
Mar 20133381,39193.623.91$37,086
Feb 20132001,07291.233.42$21,912
Jan 20134401,06591.603.42$43,946
Dec 20122561,32786.773.42$26,752
Nov 20124001,08186.953.62$38,699
Oct 201227087589.383.40$27,107
Sep 201211334094.672.92$11,690
Aug 20121801,07192.662.91$19,793
Jul 20122441,06685.133.02$23,992
Jun 201216898979.822.52$15,901
May 201213646691.612.49$13,619
Apr 20122491,078101.652.00$27,463
Mar 20122141,040105.052.22$24,792
Feb 2012305127101.102.57$31,162
Jan 2012251098.092.73$24,621
Dec 2011269096.873.24$26,058
Nov 2011364095.723.31$34,842
Oct 2011287084.983.65$24,389
Sep 201135483083.623.99$32,910
Aug 2011350083.404.15$29,190
Jul 201127219094.144.52$26,464
Jun 201111243592.904.64$12,423
May 20112443,84698.134.40$40,885
Apr 2011263185105.964.33$28,669
Mar 201132710096.364.06$31,915
Feb 20117618985.644.18$7,299
Jan 2011808086.504.59$7,287
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200617057.597.75$979
Jan 200620138560.598.93$15,618
Dec 20057111,36854.9413.42$57,415
Nov 20056671,20054.6910.59$49,184
Oct 20057481,32458.3413.80$61,904
Sep 20056081,29561.4512.08$53,004
Aug 200520797961.519.80$22,324
Jul 20059856155.697.84$9,858
Jun 20058244452.337.38$7,568
May 200520862045.226.65$13,529
Apr 200537464649.207.36$23,156
Mar 2005867650.377.15$4,876
Feb 200518437245.226.31$10,669
Jan 200541669643.166.32$22,355
Dec 200440559839.866.75$20,180
Nov 200419268445.286.33$13,024
Oct 200432494249.706.52$22,240
Sep 200425498443.245.28$16,182
Aug 20043241,02442.375.55$19,412
Jul 20044011,02738.286.08$21,599
Jun 200437493736.106.43$19,529
May 200480097537.486.49$36,316
Apr 200449191434.475.86$22,279
Mar 200487492434.365.53$35,140
Feb 200474992232.455.51$29,385
Jan 200489093232.036.30$34,378
Dec 200355867630.266.30$21,145
Nov 20037171,25128.804.60$26,398
Oct 20039671,35928.174.76$33,709
Sep 20031,4241,41726.314.75$44,195
Aug 20037451,66829.765.13$30,728
Jul 20031,2571,63029.415.17$45,397
Jun 20039812,06828.565.98$40,390
May 20037902,00726.595.97$32,993
Apr 20031,2562,11126.675.41$44,912
Mar 20031,20282831.146.10$42,478
Feb 20038121,05033.487.93$35,508
Jan 20031,1341,24330.315.58$41,310
Dec 20021,3941,24926.914.85$43,575
Nov 20021,2631,15924.664.14$35,940
Oct 200249765326.464.23$15,912
Sep 200240388127.443.64$14,261
Aug 200282259325.963.16$23,215
Jul 200289489324.583.06$24,709
Jun 200296279623.733.34$25,486
May 200273369724.663.58$20,574
Apr 200273775223.653.51$20,071
Mar 200279772622.003.10$19,787
Feb 200250968418.222.38$10,899
Jan 200266071617.172.38$13,033
Dec 200191570816.932.36$17,165
Nov 20011,06464418.072.41$20,776
Oct 200196670019.782.53$20,878
Sep 200146750924.262.25$12,475
Aug 200164958624.873.05$17,930
Jul 200181563423.933.20$21,530
Jun 20011,05558324.563.82$28,140
May 200168572525.524.31$20,604
Apr 20016841,06424.685.34$22,558
Mar 20018141,31124.545.38$27,024
Feb 200159285227.755.77$21,342
Jan 20018551,03227.478.40$32,154
Dec 20008781,02126.889.12$32,915
Nov 20007171,02932.215.66$28,917
Oct 200071195431.235.15$27,113
Sep 200069555231.875.19$25,013
Aug 200068365929.644.54$23,236
Jul 200059676828.534.09$20,145
Jun 200067176529.304.40$23,024
May 20007411,10227.263.68$24,255
Apr 20009171,14424.513.12$26,040
Mar 20008111,10928.422.86$26,220
Feb 20009171,14227.622.73$28,441
Jan 20007811,16025.272.48$22,613
Dec 19999811,31124.282.42$26,996
Nov 19998721,20323.192.43$23,150
Oct 19997501,30720.982.80$19,399
Sep 19998771,33421.752.62$22,568
Aug 19997531,39619.262.88$18,517
Jul 19999201,48217.892.37$19,975
Jun 19997781,32415.942.36$15,529
May 19999481,28115.792.32$17,942
Apr 19999021,27815.102.21$16,442
Mar 19991,0131,12412.471.84$14,698
Feb 19997766709.981.82$8,962
Jan 199969577410.381.90$8,685
Dec 19987088899.201.77$8,090
Nov 199831646810.892.19$4,464
Oct 19986561,00912.421.97$10,134
Sep 19986701,01112.592.08$10,541
Aug 19986541,20211.301.91$9,683
Jul 19986891,17911.742.24$10,727
Jun 19986781,13811.242.24$10,167
May 19988341,18512.622.21$13,140
Apr 19988431,10613.042.51$13,764
Mar 199861977912.802.31$9,722
Feb 199863192913.952.30$10,938
Jan 19987541,13014.702.15$13,519
Dec 19977951,08416.322.41$15,588
Nov 19975761,20818.193.09$14,208
Oct 199733299419.253.15$9,522
Sep 19979591,13217.742.95$20,358
Aug 19976301,15617.862.55$14,205
Jul 199721717417.582.25$4,206
Jun 199751897017.242.26$11,120
May 19978341,26918.972.31$18,750
Apr 19977661,21117.882.08$16,218
Mar 19978581,02318.951.94$18,243
Feb 199754693720.492.21$13,254
Jan 199746175723.483.54$13,504
Dec 199646983223.32$10,937
Nov 199631459521.97$6,899
Oct 199633366723.31$7,762
Sep 199672022.22$1,600
Aug 199631765120.26$6,422
Jul 199636780819.55$7,175
Jun 199646476018.73$8,691
May 199619538519.43$3,789
Apr 199643379721.51$9,314
Mar 199653178819.38$10,291
Feb 199644369416.98$7,522
Jan 199642481517.07$7,238
Dec 199551676817.19$8,870
Nov 199550384716.00$8,048
Oct 199551282015.43$7,900
Sep 199548274616.18$7,799
Aug 199543683115.92$6,941
Jul 199556187715.24$8,550
Jun 199554386216.41$8,911
May 199557980917.56$10,167
Apr 199546484717.73$8,227
Mar 199560984416.44$10,012
Feb 199557579016.58$9,534
Jan 199569588615.92$11,064
Dec 199463588815.03$9,544
Nov 199456685515.90$8,999
Oct 199465085015.58$10,127
Sep 199458681315.29$8,960
Aug 199463190816.13$10,178
Jul 199462889417.56$11,028
Jun 199464184317.09$10,955
May 199455784915.88$8,845
Apr 199460777114.14$8,583
Mar 199467177212.46$8,361
Feb 199459262712.50$7,400
Jan 199452870412.66$6,684
Dec 199358064912.33$7,151
Nov 199360969514.49$8,824
Oct 199357172715.85$9,050
Sep 199360571415.03$9,093
Aug 199363278215.66$9,897
Jul 19936961,09215.46$10,760
Jun 19937031,13916.79$11,803
May 19937311,05717.68$12,924
Apr 19937831,14318.05$14,133
Mar 19938091,11818.14$14,675
Feb 199377459317.90$13,855
Jan 199387679716.93$14,831

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 2019 — as filed, then multipliedworked
Oil                   77 bbl  × $ 50.85 =     $3,915
Casinghead gas       398 Mcf  × $  2.79 =     $1,111

────────────────────────────────────────────────────
Month total                                   $5,027

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/29169 is the state's own key, not one this site invented.