MEEK

Name: MEEK lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 29655District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$176 k

Jan 1993 – Mar 2000

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	10,035 bbl	$170,451
Casinghead gas	Production	26,006 Mcf	$5,128
Total			$175,580

23,978 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 32.3924, -101.9007. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.39241, -101.90068 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,300 ft

2 wells filed one

Completion to plug

15.1 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 9,300 and 9,300 ft, median 9,300 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1984 – Jan 1985

2 of 2 wells

Plug dates filed

Jan 2000

2 of 2 wells

Last completion to plug: a median of 15.1 years across the 2 wells that filed both dates, with the middle half between 15.0 years and 15.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31733044	2	9,300 ft	Jan 1985	Jan 2000	Yes
42-31733032	1	9,300 ft	Dec 1984	Jan 2000	Yes

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 (87)

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

87 months


Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	80	0	25.27	2.48	$2,022
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	5	11.30	1.91	$10
Jul 1998	0	3	11.74	2.24	$7
Jun 1998	0	1	11.24	2.24	$2
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	7	13.95	2.30	$16
Jan 1998	0	4	14.70	2.15	$9
Dec 1997	0	29	16.32	2.41	$70
Nov 1997	0	97	18.19	3.09	$300
Oct 1997	0	121	19.25	3.15	$381
Sep 1997	187	129	17.74	2.95	$3,699
Aug 1997	0	151	17.86	2.55	$386
Jul 1997	191	107	17.58	2.25	$3,598
Jun 1997	197	80	17.24	2.26	$3,577
May 1997	1	188	18.97	2.31	$453
Apr 1997	176	280	17.88	2.08	$3,730
Mar 1997	194	283	18.95	1.94	$4,225
Feb 1997	0	256	20.49	2.21	$565
Jan 1997	180	287	23.48	3.54	$5,242
Dec 1996	1	315	23.32	—	$23
Nov 1996	179	353	21.97	—	$3,933
Oct 1996	188	369	23.31	—	$4,382
Sep 1996	175	422	22.22	—	$3,889
Aug 1996	4	202	20.26	—	$81
Jul 1996	3	165	19.55	—	$59
Jun 1996	193	416	18.73	—	$3,615
May 1996	188	441	19.43	—	$3,653
Apr 1996	200	443	21.51	—	$4,302
Mar 1996	193	499	19.38	—	$3,740
Feb 1996	192	479	16.98	—	$3,260
Jan 1996	383	294	17.07	—	$6,538
Dec 1995	0	204	17.19	—	$0
Nov 1995	1	385	16.00	—	$16
Oct 1995	191	464	15.43	—	$2,947
Sep 1995	195	494	16.18	—	$3,155
Aug 1995	195	584	15.92	—	$3,104
Jul 1995	384	633	15.24	—	$5,852
Jun 1995	189	912	16.41	—	$3,101
May 1995	184	366	17.56	—	$3,231
Apr 1995	3	445	17.73	—	$53
Mar 1995	185	454	16.44	—	$3,041
Feb 1995	196	418	16.58	—	$3,250
Jan 1995	184	466	15.92	—	$2,929
Dec 1994	188	527	15.03	—	$2,826
Nov 1994	191	510	15.90	—	$3,037
Oct 1994	198	570	15.58	—	$3,085
Sep 1994	196	465	15.29	—	$2,997
Aug 1994	192	372	16.13	—	$3,097
Jul 1994	313	507	17.56	—	$5,496
Jun 1994	179	425	17.09	—	$3,059
May 1994	180	400	15.88	—	$2,858
Apr 1994	190	537	14.14	—	$2,687
Mar 1994	188	654	12.46	—	$2,342
Feb 1994	171	601	12.50	—	$2,138
Jan 1994	374	677	12.66	—	$4,735
Dec 1993	0	507	12.33	—	$0
Nov 1993	176	666	14.49	—	$2,550
Oct 1993	345	741	15.85	—	$5,468
Sep 1993	185	692	15.03	—	$2,781
Aug 1993	318	599	15.66	—	$4,980
Jul 1993	178	667	15.46	—	$2,752
Jun 1993	188	660	16.79	—	$3,157
May 1993	180	643	17.68	—	$3,182
Apr 1993	170	603	18.05	—	$3,069
Mar 1993	344	619	18.14	—	$6,240
Feb 1993	189	534	17.90	—	$3,383
Jan 1993	190	579	16.93	—	$3,217

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.

Jan 2000 — as filed, then multipliedworked

Oil                   80 bbl  × $ 25.27 =     $2,022
Casinghead gas         0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $2,022

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/29655 is the state's own key, not one this site invented.