STEPHENS, KELLY

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

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the KELLY-STEPHENS (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31092District 08Field 48621600NGPA filingOilCasinghead gasSave Export

Value, all time

$3.5 M

Jan 1993 – Jun 2018

Value, last 12 filed months

at the published price for each month

Months reported

306

no gaps in the span

Streams

oil, casinghead gas

The KELLY-STEPHENS (STRAWN) 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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered

1987-01-20

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	73,964 bbl	$2,795,576
Casinghead gas	Production	212,515 Mcf	$753,963
Total			$3,549,540

53,383 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 32.0566, -101.8376. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.05663, -101.83758 · 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

11,052 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 10,450 and 11,653 ft, median 11,052 ft, over the 2 wells that filed a depth.

Completions filed

Apr 1988 – May 2016

2 of 2 wells

Plug dates filed

Jul 2016 – Apr 2018

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 8.5 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32931603	14	11,653 ft	May 2016	Apr 2018	Yes
42-32931982	16	10,450 ft	Apr 1988	Jul 2016	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 (306)

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

306 months


Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	40	43.55	2.43	$97
Sep 2015	186	57	42.99	2.76	$8,153
Aug 2015	0	189	40.16	2.87	$543
Jul 2015	0	178	48.15	2.95	$524
Jun 2015	0	173	56.15	2.88	$499
May 2015	0	154	55.21	2.96	$455
Apr 2015	184	136	49.82	2.71	$9,535
Mar 2015	0	185	42.89	2.93	$543
Feb 2015	0	246	44.66	2.98	$732
Jan 2015	0	278	43.43	3.10	$862
Dec 2014	0	229	54.69	3.59	$822
Nov 2014	0	195	70.46	4.25	$829
Oct 2014	0	121	78.30	3.90	$472
Sep 2014	192	134	86.16	4.05	$17,085
Aug 2014	0	137	89.39	4.04	$553
Jul 2014	0	203	96.56	4.18	$848
Jun 2014	173	152	98.16	4.74	$17,702
May 2014	0	39	94.73	4.73	$184
Apr 2014	0	77	95.94	4.81	$370
Mar 2014	0	195	95.89	5.06	$986
Feb 2014	0	177	97.40	6.19	$1,096
Jan 2014	0	178	90.40	4.86	$865
Dec 2013	0	204	91.82	4.35	$888
Nov 2013	0	202	88.85	3.74	$755
Oct 2013	179	114	97.42	3.78	$17,869
Sep 2013	0	151	104.11	3.72	$561
Aug 2013	0	175	104.25	3.52	$616
Jul 2013	0	186	102.52	3.72	$692
Jun 2013	0	183	94.40	3.93	$720
May 2013	174	194	94.83	4.15	$17,305
Apr 2013	0	197	93.96	4.28	$844
Mar 2013	179	295	93.62	3.91	$17,912
Feb 2013	181	471	91.23	3.42	$18,123
Jan 2013	0	510	91.60	3.42	$1,744
Dec 2012	188	508	86.77	3.42	$18,050
Nov 2012	194	497	86.95	3.62	$18,670
Oct 2012	363	418	89.38	3.40	$33,866
Sep 2012	180	409	94.67	2.92	$18,234
Aug 2012	177	535	92.66	2.91	$17,957
Jul 2012	182	532	85.13	3.02	$17,101
Jun 2012	180	530	79.82	2.52	$15,703
May 2012	179	545	91.61	2.49	$17,754
Apr 2012	178	524	101.65	2.00	$19,140
Mar 2012	179	527	105.05	2.22	$19,975
Feb 2012	190	505	101.10	2.57	$20,507
Jan 2012	184	539	98.09	2.73	$19,522
Dec 2011	184	531	96.87	3.24	$19,544
Nov 2011	374	527	95.72	3.31	$37,544
Oct 2011	191	561	84.98	3.65	$18,278
Sep 2011	185	535	83.62	3.99	$17,602
Aug 2011	185	523	83.40	4.15	$17,599
Jul 2011	0	419	94.14	4.52	$1,893
Jun 2011	358	556	92.90	4.64	$35,838
May 2011	175	655	98.13	4.40	$20,058
Apr 2011	183	628	105.96	4.33	$22,112
Mar 2011	188	629	96.36	4.06	$20,668
Feb 2011	354	519	85.64	4.18	$32,486
Jan 2011	0	596	86.50	4.59	$2,735
Dec 2010	163	630	85.73	4.35	$16,713
Nov 2010	178	632	80.84	3.80	$16,788
Oct 2010	0	503	78.10	3.51	$1,765
Sep 2010	362	523	72.63	3.98	$28,373
Aug 2010	183	726	73.68	4.42	$16,692
Jul 2010	185	720	72.55	4.74	$16,832
Jun 2010	1	717	70.36	4.91	$3,591
May 2010	358	716	71.12	4.24	$28,493
Apr 2010	182	690	81.69	4.12	$17,712
Mar 2010	353	713	78.39	4.39	$30,801
Feb 2010	0	626	73.58	5.44	$3,407
Jan 2010	359	698	74.36	5.96	$30,858
Dec 2009	188	703	71.44	5.48	$17,286
Nov 2009	370	699	74.59	3.75	$30,221
Oct 2009	189	727	72.54	4.11	$16,698
Sep 2009	179	722	65.54	3.06	$13,944
Aug 2009	364	770	67.42	3.22	$27,019
Jul 2009	178	813	61.13	3.46	$13,698
Jun 2009	173	453	66.16	3.90	$13,210
May 2009	176	597	54.74	3.93	$11,978
Apr 2009	170	571	46.77	3.59	$9,999
Mar 2009	187	574	42.14	4.06	$10,210
Feb 2009	362	652	32.81	4.63	$14,898
Jan 2009	176	773	35.86	5.37	$10,463
Dec 2008	359	837	37.10	5.98	$18,322
Nov 2008	182	613	55.49	6.86	$14,305
Oct 2008	343	157	75.24	6.92	$26,894
Sep 2008	181	577	101.76	7.88	$22,964
Aug 2008	186	844	114.22	8.48	$28,405
Jul 2008	177	879	131.08	11.39	$33,212
Jun 2008	348	870	131.33	13.03	$57,041
May 2008	184	944	123.17	11.57	$33,589
Apr 2008	360	960	110.31	10.45	$49,748
Mar 2008	354	1,084	101.90	9.66	$46,548
Feb 2008	365	1,170	92.53	8.77	$44,035
Jan 2008	552	1,292	90.38	8.21	$60,492
Dec 2007	736	1,484	88.33	7.30	$75,847
Nov 2007	373	575	91.67	7.29	$38,386
Oct 2007	186	618	82.85	6.92	$19,688
Sep 2007	178	615	75.84	6.24	$17,340
Aug 2007	179	616	69.06	6.39	$16,297
Jul 2007	182	653	70.90	6.39	$17,075
Jun 2007	187	531	62.00	7.55	$15,602
May 2007	189	656	58.74	7.85	$16,249
Apr 2007	188	633	59.61	7.81	$16,147
Mar 2007	180	645	56.92	7.30	$14,955
Feb 2007	182	582	55.10	8.22	$14,810
Jan 2007	190	641	50.30	6.73	$13,869
Dec 2006	186	655	56.65	6.92	$15,068
Nov 2006	363	645	54.20	7.62	$24,588
Oct 2006	157	682	54.90	6.01	$12,721
Sep 2006	187	675	60.08	5.04	$14,635
Aug 2006	180	704	68.71	7.34	$17,535
Jul 2006	183	516	69.37	6.34	$15,968
Jun 2006	381	638	66.28	6.38	$29,326
May 2006	181	523	66.01	6.42	$15,308
Apr 2006	178	672	64.39	7.36	$16,408
Mar 2006	179	668	56.70	7.08	$14,881
Feb 2006	194	610	57.59	7.75	$15,901
Jan 2006	193	655	60.59	8.93	$17,545
Dec 2005	194	637	54.94	13.42	$19,204
Nov 2005	190	638	54.69	10.59	$17,147
Oct 2005	192	674	58.34	13.80	$20,500
Sep 2005	190	653	61.45	12.08	$19,563
Aug 2005	382	703	61.51	9.80	$30,384
Jul 2005	0	726	55.69	7.84	$5,694
Jun 2005	373	707	52.33	7.38	$24,737
May 2005	185	778	45.22	6.65	$13,540
Apr 2005	183	689	49.20	7.36	$14,075
Mar 2005	188	729	50.37	7.15	$14,685
Feb 2005	388	608	45.22	6.31	$21,383
Jan 2005	183	496	43.16	6.32	$11,034
Dec 2004	375	770	39.86	6.75	$20,146
Nov 2004	194	728	45.28	6.33	$13,393
Oct 2004	182	794	49.70	6.52	$14,218
Sep 2004	189	706	43.24	5.28	$11,903
Aug 2004	178	630	42.37	5.55	$11,039
Jul 2004	363	877	38.28	6.08	$19,231
Jun 2004	193	888	36.10	6.43	$12,680
May 2004	186	906	37.48	6.49	$12,855
Apr 2004	376	886	34.47	5.86	$18,151
Mar 2004	371	890	34.36	5.53	$17,669
Feb 2004	194	826	32.45	5.51	$10,846
Jan 2004	380	908	32.03	6.30	$17,891
Dec 2003	174	774	30.26	6.30	$10,143
Nov 2003	366	864	28.80	4.60	$14,511
Oct 2003	190	925	28.17	4.76	$9,755
Sep 2003	544	934	26.31	4.75	$18,749
Aug 2003	0	853	29.76	5.13	$4,376
Jul 2003	377	961	29.41	5.17	$16,057
Jun 2003	184	933	28.56	5.98	$10,837
May 2003	375	938	26.59	5.97	$15,574
Apr 2003	368	907	26.67	5.41	$14,719
Mar 2003	175	911	31.14	6.10	$11,003
Feb 2003	379	798	33.48	7.93	$19,014
Jan 2003	388	856	30.31	5.58	$16,539
Dec 2002	180	859	26.91	4.85	$9,013
Nov 2002	375	850	24.66	4.14	$12,764
Oct 2002	188	883	26.46	4.23	$8,709
Sep 2002	366	916	27.44	3.64	$13,373
Aug 2002	357	994	25.96	3.16	$12,413
Jul 2002	189	993	24.58	3.06	$7,686
Jun 2002	380	971	23.73	3.34	$12,259
May 2002	367	989	24.66	3.58	$12,595
Apr 2002	180	923	23.65	3.51	$7,499
Mar 2002	373	929	22.00	3.10	$11,088
Feb 2002	373	737	18.22	2.38	$8,547
Jan 2002	186	817	17.17	2.38	$5,135
Dec 2001	377	821	16.93	2.36	$8,324
Nov 2001	379	804	18.07	2.41	$8,783
Oct 2001	369	847	19.78	2.53	$9,441
Sep 2001	190	844	24.26	2.25	$6,510
Aug 2001	365	930	24.87	3.05	$11,917
Jul 2001	365	995	23.93	3.20	$11,916
Jun 2001	171	941	24.56	3.82	$7,798
May 2001	388	744	25.52	4.31	$13,106
Apr 2001	184	751	24.68	5.34	$8,548
Mar 2001	381	930	24.54	5.38	$14,350
Feb 2001	190	855	27.75	5.77	$10,203
Jan 2001	388	924	27.47	8.40	$18,419
Dec 2000	497	932	26.88	9.12	$21,862
Nov 2000	261	915	32.21	5.66	$13,584
Oct 2000	535	974	31.23	5.15	$21,720
Sep 2000	264	980	31.87	5.19	$13,496
Aug 2000	231	1,067	29.64	4.54	$11,692
Jul 2000	264	1,022	28.53	4.09	$11,712
Jun 2000	261	990	29.30	4.40	$12,001
May 2000	520	1,046	27.26	3.68	$18,024
Apr 2000	264	1,004	24.51	3.12	$9,599
Mar 2000	262	1,023	28.42	2.86	$10,372
Feb 2000	517	962	27.62	2.73	$16,902
Jan 2000	268	1,030	25.27	2.48	$9,327
Dec 1999	537	976	24.28	2.42	$15,404
Nov 1999	267	976	23.19	2.43	$8,567
Oct 1999	265	871	20.98	2.80	$8,002
Sep 1999	246	1,034	21.75	2.62	$8,058
Aug 1999	251	1,109	19.26	2.88	$8,023
Jul 1999	509	1,143	17.89	2.37	$11,818
Jun 1999	266	1,044	15.94	2.36	$6,706
May 1999	265	1,109	15.79	2.32	$6,758
Apr 1999	474	1,059	15.10	2.21	$9,496
Mar 1999	263	1,039	12.47	1.84	$5,190
Feb 1999	440	965	9.98	1.82	$6,145
Jan 1999	268	1,047	10.38	1.90	$4,771
Dec 1998	509	1,016	9.20	1.77	$6,484
Nov 1998	269	1,006	10.89	2.19	$5,128
Oct 1998	522	1,129	12.42	1.97	$8,706
Sep 1998	231	1,134	12.59	2.08	$5,270
Aug 1998	326	1,142	11.30	1.91	$5,862
Jul 1998	489	1,194	11.74	2.24	$8,412
Jun 1998	257	1,185	11.24	2.24	$5,540
May 1998	524	1,146	12.62	2.21	$9,141
Apr 1998	265	1,055	13.04	2.51	$6,099
Mar 1998	533	1,043	12.80	2.31	$9,231
Feb 1998	258	931	13.95	2.30	$5,740
Jan 1998	243	1,004	14.70	2.15	$5,736
Dec 1997	530	992	16.32	2.41	$11,041
Nov 1997	246	998	18.19	3.09	$7,557
Oct 1997	531	1,066	19.25	3.15	$13,579
Sep 1997	265	1,071	17.74	2.95	$7,866
Aug 1997	263	1,104	17.86	2.55	$7,518
Jul 1997	264	971	17.58	2.25	$6,823
Jun 1997	505	620	17.24	2.26	$10,106
May 1997	262	610	18.97	2.31	$6,378
Apr 1997	267	467	17.88	2.08	$5,747
Mar 1997	429	1,040	18.95	1.94	$10,146
Feb 1997	533	968	20.49	2.21	$13,056
Jan 1997	269	1,005	23.48	3.54	$9,874
Dec 1996	537	827	23.32	—	$12,523
Nov 1996	260	212	21.97	—	$5,712
Oct 1996	267	489	23.31	—	$6,224
Sep 1996	528	583	22.22	—	$11,732
Aug 1996	265	448	20.26	—	$5,369
Jul 1996	263	506	19.55	—	$5,142
Jun 1996	512	421	18.73	—	$9,590
May 1996	258	281	19.43	—	$5,013
Apr 1996	271	479	21.51	—	$5,829
Mar 1996	532	1,069	19.38	—	$10,310
Feb 1996	269	920	16.98	—	$4,568
Jan 1996	524	992	17.07	—	$8,945
Dec 1995	781	992	17.19	—	$13,425
Nov 1995	272	959	16.00	—	$4,352
Oct 1995	264	993	15.43	—	$4,074
Sep 1995	265	1,005	16.18	—	$4,288
Aug 1995	258	1,152	15.92	—	$4,107
Jul 1995	260	1,232	15.24	—	$3,962
Jun 1995	523	1,160	16.41	—	$8,582
May 1995	264	1,139	17.56	—	$4,636
Apr 1995	258	1,120	17.73	—	$4,574
Mar 1995	537	1,011	16.44	—	$8,828
Feb 1995	259	968	16.58	—	$4,294
Jan 1995	270	993	15.92	—	$4,298
Dec 1994	534	1,061	15.03	—	$8,026
Nov 1994	522	1,125	15.90	—	$8,300
Oct 1994	271	1,210	15.58	—	$4,222
Sep 1994	525	1,261	15.29	—	$8,027
Aug 1994	250	1,325	16.13	—	$4,033
Jul 1994	530	1,414	17.56	—	$9,307
Jun 1994	522	1,340	17.09	—	$8,921
May 1994	247	1,467	15.88	—	$3,922
Apr 1994	524	1,432	14.14	—	$7,409
Mar 1994	527	1,401	12.46	—	$6,566
Feb 1994	262	1,263	12.50	—	$3,275
Jan 1994	524	1,393	12.66	—	$6,634
Dec 1993	521	1,397	12.33	—	$6,424
Nov 1993	526	1,364	14.49	—	$7,622
Oct 1993	537	1,540	15.85	—	$8,511
Sep 1993	514	1,584	15.03	—	$7,725
Aug 1993	535	1,500	15.66	—	$8,378
Jul 1993	250	1,536	15.46	—	$3,865
Jun 1993	766	1,661	16.79	—	$12,861
May 1993	490	1,382	17.68	—	$8,663
Apr 1993	507	1,626	18.05	—	$9,151
Mar 1993	260	1,534	18.14	—	$4,716
Feb 1993	588	1,051	17.90	—	$10,525
Jan 1993	602	1,565	16.93	—	$10,192

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.

Oct 2015 — as filed, then multipliedworked

Oil                    0 bbl  × $ 43.55 =         $0
Casinghead gas        40 Mcf  × $  2.43 =        $97

────────────────────────────────────────────────────
Month total                                      $97

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/31092 is the state's own key, not one this site invented.