GARRETT

Operated by KEYSTONE ENERGY OIL & GAS, INC. (P-5 458777) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29312District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$322 k
Jan 1993 – Feb 2002
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
110
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition14,736 bbl$263,685
Casinghead gasProduction49,659 Mcf$58,641
Total$322,326

30,214 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 (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 32.1113, -101.9514. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.11129, -101.95144 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,200 ft
2 wells filed one
Completion to plug
15.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 9,200 and 9,200 ft, median 9,200 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1984 – Jan 1985
2 of 2 wells
Plug dates filed
Nov 1998 – Jan 2002
2 of 2 wells

Last completion to plug: a median of 15.6 years across the 2 wells that filed both dates, with the middle half between 14.9 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3173301329,200 ftJan 1985Jan 2002Yes
42-3173296619,200 ftSep 1984Nov 1998Yes

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 (110)

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

110 months

Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20013723818.072.41$1,241
Oct 200117535019.782.53$4,347
Sep 2001025024.262.25$563
Aug 2001025724.873.05$785
Jul 200120031523.933.20$5,793
Jun 2001237824.563.82$1,495
May 2001042025.524.31$1,809
Apr 200117956224.685.34$7,416
Mar 2001032224.545.38$1,731
Feb 200118018127.755.77$6,039
Jan 2001021527.478.40$1,806
Dec 200018321426.889.12$6,871
Nov 2000010432.215.66$588
Oct 2000025231.235.15$1,297
Sep 200017128231.875.19$6,912
Aug 2000034129.644.54$1,548
Jul 200018536628.534.09$6,775
Jun 2000029229.304.40$1,284
May 2000130227.263.68$1,139
Apr 200017926124.513.12$5,201
Mar 2000030928.422.86$884
Feb 200019635327.622.73$6,376
Jan 2000126925.272.48$693
Dec 199918530024.282.42$5,219
Nov 1999129923.192.43$751
Oct 199917230720.982.80$4,469
Sep 1999145821.752.62$1,221
Aug 1999242319.262.88$1,255
Jul 199919628417.892.37$4,180
Jun 1999141815.942.36$1,003
May 199919031615.792.32$3,734
Apr 1999229415.102.21$679
Mar 199917625112.471.84$2,656
Feb 19992023169.981.82$2,590
Jan 1999340010.381.90$791
Dec 19982003469.201.77$2,454
Nov 1998036310.892.19$793
Oct 1998039012.421.97$768
Sep 199837243612.592.08$5,592
Aug 1998041611.301.91$793
Jul 1998021611.742.24$483
Jun 1998119611.242.24$450
May 1998022812.622.21$503
Apr 199818826113.042.51$3,105
Mar 1998144212.802.31$1,034
Feb 199819423413.952.30$3,244
Jan 199819229814.702.15$3,465
Dec 199738747916.322.41$7,471
Nov 1997033418.193.09$1,031
Oct 1997122819.253.15$737
Sep 199719126117.742.95$4,160
Aug 1997029517.862.55$754
Jul 199719138517.582.25$4,223
Jun 1997442317.242.26$1,024
May 199719038618.972.31$4,495
Apr 199738439517.882.08$7,689
Mar 199719240918.951.94$4,432
Feb 1997240320.492.21$930
Jan 199718072223.483.54$6,782
Dec 199620145023.32$4,687
Nov 199619744721.97$4,328
Oct 1996235623.31$47
Sep 199638445522.22$8,532
Aug 1996357820.26$61
Jul 199638249719.55$7,468
Jun 1996250318.73$37
May 199619152519.43$3,711
Apr 199619749821.51$4,237
Mar 199619254719.38$3,721
Feb 199618245016.98$3,090
Jan 199619548117.07$3,329
Dec 199519246317.19$3,300
Nov 199519444716.00$3,104
Oct 199537556815.43$5,786
Sep 1995054416.18$0
Aug 199551851015.92$8,247
Jul 1995047915.24$0
Jun 199519149516.41$3,134
May 199536548017.56$6,409
Apr 1995041917.73$0
Mar 199538346616.44$6,297
Feb 1995033216.58$0
Jan 199537723715.92$6,002
Dec 199419335915.03$2,901
Nov 199419337815.90$3,069
Oct 199419247115.58$2,991
Sep 199419458215.29$2,966
Aug 199417269816.13$2,774
Jul 199434581717.56$6,058
Jun 1994033817.09$0
May 199418838015.88$2,985
Apr 1994061714.14$0
Mar 199415471812.46$1,919
Feb 1994082512.50$0
Jan 199451474612.66$6,507
Dec 199301,02612.33$0
Nov 1993092114.49$0
Oct 199335597815.85$5,627
Sep 1993083715.03$0
Aug 19933651,10115.66$5,716
Jul 199301,03215.46$0
Jun 199333498016.79$5,608
May 19933791,29817.68$6,701
Apr 1993097418.05$0
Mar 19933661,06918.14$6,639
Feb 199337983617.90$6,784
Jan 199301,00616.93$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.

Nov 2001 — as filed, then multipliedworked
Oil                   37 bbl  × $ 18.07 =       $669
Casinghead gas       238 Mcf  × $  2.41 =       $573

────────────────────────────────────────────────────
Month total                                   $1,241

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/29312 is the state's own key, not one this site invented.