UNDERWOOD

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

Oil lease lease 32345District 08Field 49129132Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$182 k
at the published price for each month
Months reported
401
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 157 leases and 1,140 wells, and the rule below applies to all of them.

Discovered
1939-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
880 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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.

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
OilDisposition226,641 bbl$9,428,169
Casinghead gasProduction403,037 Mcf$917,918
Total$10,346,087

172,390 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 (3)

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 31.8478, -103.0957. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.84817, -103.09525 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
3,470 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
3100.0%

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 3,420 and 3,660 ft, median 3,470 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1989 – Mar 1990
2 of 3 wells; 1 filed none

3 wells

42-4953222113,470 ft
42-4953230633,660 ftMar 1990
42-4950589123,420 ftOct 1989

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 (401)

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

401 months

May 20261790106.413.05$19,047
Apr 2026373098.932.87$36,901
Mar 2026358089.753.15$32,131
Feb 2026342063.503.75$21,717
Jan 2026342059.138.00$20,222
Dec 2025369056.664.41$20,908
Nov 2025185058.593.93$10,839
Oct 20250059.383.30$0
Sep 2025129062.743.08$8,093
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025190066.483.13$12,631
May 20251060.553.23$61
Apr 2025188062.363.54$11,724
Mar 2025190067.704.27$12,863
Feb 2025180070.884.34$12,758
Jan 2025374074.324.28$27,796
Dec 2024194068.993.12$13,384
Nov 2024361069.052.20$24,927
Oct 2024193071.372.28$13,774
Sep 2024376069.612.36$26,173
Aug 2024172075.632.06$13,008
Jul 2024181079.932.15$14,467
Jun 2024184078.082.63$14,367
May 2024364078.812.20$28,687
Apr 2024176084.451.66$14,863
Mar 2024362080.301.55$29,069
Feb 2024182076.091.78$13,848
Jan 2024184073.023.30$13,436
Dec 2023355071.262.61$25,297
Nov 2023361077.892.81$28,118
Oct 2023342085.443.09$29,220
Sep 2023161089.042.74$14,335
Aug 2023333080.522.67$26,813
Jul 2023520074.852.64$38,922
Jun 2023338068.962.26$23,308
May 2023352070.622.23$24,858
Apr 2023339078.122.24$26,483
Mar 2023179072.852.39$13,040
Feb 2023174075.112.47$13,069
Jan 2023354076.533.39$27,092
Dec 2022164076.415.73$12,531
Nov 2022339085.005.65$28,815
Oct 2022340087.185.86$29,641
Sep 2022334084.888.16$28,350
Aug 2022346094.529.13$32,704
Jul 20223400101.587.54$34,537
Jun 20223380115.097.98$38,900
May 20223270109.378.43$35,764
Apr 20223470104.226.84$36,164
Mar 20223380108.885.08$36,801
Feb 2022335091.054.86$30,502
Jan 2022340081.844.54$27,826
Dec 2021338071.323.90$24,106
Nov 2021334077.435.24$25,862
Oct 2021175079.795.71$13,963
Sep 2021496069.865.35$34,651
Aug 2021327066.024.22$21,589
Jul 2021167070.783.98$11,820
Jun 2021503069.493.38$34,953
May 2021336063.483.02$21,329
Apr 2021353060.362.76$21,307
Mar 2021357061.302.72$21,884
Feb 202199057.805.55$5,722
Jan 2021154050.412.81$7,763
Dec 202015044.642.68$670
Nov 2020122038.772.71$4,730
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20201499539.982.39$6,184
Jul 2020268638.371.83$1,155
Jun 202011815034.901.69$4,372
May 20201102616.921.81$1,908
Apr 202001714.751.80$31
Mar 202033110430.341.86$10,236
Feb 202034231749.881.98$17,687
Jan 202048318057.252.09$28,029
Dec 201949149859.012.30$30,121
Nov 201935231455.302.75$20,329
Oct 201932415853.472.42$17,706
Sep 201917012455.052.66$9,688
Aug 201936514453.112.30$19,717
Jul 201924212156.272.46$13,915
Jun 201927717452.782.49$15,054
May 201933918358.482.74$20,326
Apr 201943416062.632.75$27,622
Mar 201931929856.803.06$19,032
Feb 201935727050.852.79$18,907
Jan 201941434246.033.23$20,160
Dec 201836017146.594.19$17,488
Nov 201835632752.934.24$20,229
Oct 201845535161.443.40$29,148
Sep 201833335459.543.11$20,927
Aug 201846938859.403.07$29,048
Jul 201849738365.142.93$33,497
Jun 201843638760.183.08$27,429
May 201865542865.382.90$44,065
Apr 201846543363.842.90$30,942
Mar 201847115361.222.79$29,261
Feb 201848336161.782.77$30,838
Jan 201835727662.874.01$23,551
Dec 201752339157.272.92$31,095
Nov 201748446455.423.12$28,270
Oct 201735912849.292.98$18,077
Sep 201759943047.523.09$29,792
Aug 201764220345.373.00$29,737
Jul 201733514743.873.09$15,150
Jun 201744818542.493.09$19,607
May 2017656045.373.26$29,763
Apr 2017656047.933.21$31,442
Mar 201748737846.772.98$23,905
Feb 201733830050.452.95$17,938
Jan 201783319349.413.42$41,818
Dec 2016669148.763.72$32,624
Nov 201680643242.492.64$35,389
Oct 201664950446.193.09$31,535
Sep 201696843741.553.10$41,575
Aug 201648042341.442.92$21,128
Jul 201663633441.622.92$27,447
Jun 201680140245.352.69$37,405
May 201681740242.521.99$35,539
Apr 201632827636.561.99$12,541
Mar 201649136533.011.79$16,863
Feb 201649538226.472.06$13,891
Jan 201647922427.352.36$13,630
Dec 201566740832.362.00$22,401
Nov 201565144338.792.17$26,212
Oct 201580644743.552.43$36,186
Sep 201549744342.992.76$22,588
Aug 20151,08248340.162.87$44,841
Jul 201579049048.152.95$39,482
Jun 201565949156.152.88$38,418
May 20151,28348055.212.96$72,253
Apr 20151,00448349.822.71$51,327
Mar 201588650442.892.93$39,480
Feb 201567339644.662.98$31,235
Jan 201586140443.433.10$38,646
Dec 201466439854.693.59$37,744
Nov 201484752170.464.25$61,895
Oct 201483052178.303.90$67,021
Sep 201497946886.164.05$86,244
Aug 2014489089.394.04$43,712
Jul 20148183796.564.18$79,141
Jun 201465613298.164.74$65,018
May 201465140094.734.73$63,560
Apr 201480245295.944.81$79,118
Mar 201467749495.895.06$67,416
Feb 201482239797.406.19$82,521
Jan 2014172090.404.86$15,549
Dec 201349532291.824.35$46,853
Nov 20131,00157388.853.74$91,081
Oct 20131,00351997.423.78$99,674
Sep 2013841606104.113.72$89,809
Aug 2013166414104.253.52$18,764
Jul 2013145370102.523.72$16,241
Jun 201383853394.403.93$81,204
May 201386964394.834.15$85,075
Apr 201393161393.964.28$90,102
Mar 201334426593.623.91$33,242
Feb 201365439391.233.42$61,008
Jan 201383246691.603.42$77,805
Dec 20121,01051886.773.42$89,409
Nov 201286150086.953.62$76,676
Oct 20121,23162589.383.40$112,152
Sep 2012040994.672.92$1,194
Aug 201283243692.662.91$78,361
Jul 20121,00756585.133.02$87,433
Jun 201250840279.822.52$41,561
May 201282870391.612.49$77,602
Apr 20121,378493101.652.00$141,058
Mar 20121381105.052.22$14,499
Feb 20123430101.102.57$34,677
Jan 2012336098.092.73$32,958
Dec 201151519896.873.24$50,530
Nov 20113318195.723.31$31,952
Oct 20113523684.983.65$30,044
Sep 20115003283.623.99$41,938
Aug 20115051983.404.15$42,196
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111620105.964.33$17,166
Mar 20111892396.364.06$18,305
Feb 201115085.644.18$295
Jan 20111725186.504.59$15,112
Dec 201032635885.734.35$29,504
Nov 201049044480.843.80$41,297
Oct 201065750278.103.51$53,073
Sep 201066654872.633.98$50,552
Aug 201034143973.684.42$27,065
Jul 201049843372.554.74$38,181
Jun 201034643470.364.91$26,476
May 201049444471.124.24$37,014
Apr 201033653081.694.12$29,633
Mar 201065153378.394.39$53,371
Feb 201034833073.585.44$27,402
Jan 201033551274.365.96$27,964
Dec 200934722671.445.48$26,029
Nov 200978850174.593.75$60,656
Oct 200931561172.544.11$25,361
Sep 200917422365.543.06$12,087
Aug 200903867.423.22$122
Jul 200933629261.133.46$21,551
Jun 200949044666.163.90$34,156
May 200932846454.743.93$19,776
Apr 200932635646.773.59$16,524
Mar 2009035542.144.06$1,441
Feb 2009038732.814.63$1,793
Jan 200932551035.865.37$14,394
Dec 200833442437.105.98$14,926
Nov 2008140755.496.86$2,848
Oct 200834720175.246.92$27,500
Sep 20080201101.767.88$1,583
Aug 2008326575114.228.48$42,113
Jul 20080119131.0811.39$1,355
Jun 20080351131.3313.03$4,574
May 2008165315123.1711.57$23,969
Apr 20080464110.3110.45$4,851
Mar 2008172566101.909.66$22,997
Feb 200816550692.538.77$19,705
Jan 200817532790.388.21$18,500
Dec 200716723288.337.30$16,445
Nov 2007018491.677.29$1,342
Oct 200715540182.856.92$15,617
Sep 2007017975.846.24$1,118
Aug 200716321569.066.39$12,630
Jul 2007039370.906.39$2,510
Jun 200733448562.007.55$24,369
May 2007048258.747.85$3,782
Apr 200716946959.617.81$13,735
Mar 200734374556.927.30$24,964
Feb 2007057055.108.22$4,683
Jan 200717551950.306.73$12,294
Dec 200634150956.656.92$22,839
Nov 200617434054.207.62$12,021
Oct 2006519754.906.01$1,459
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200616213069.376.34$12,063
Jun 200616526166.286.38$12,602
May 20061219966.016.42$2,071
Apr 200617118964.397.36$12,402
Mar 2006061156.707.08$4,328
Feb 200617239357.597.75$12,952
Jan 2006019960.598.93$1,778
Dec 200516942054.9413.42$14,919
Nov 200534466354.6910.59$25,833
Oct 2005037158.3413.80$5,118
Sep 200516376861.4512.08$19,293
Aug 200534466861.519.80$27,704
Jul 2005098755.697.84$7,742
Jun 200501,00652.337.38$7,425
May 200552874345.226.65$28,818
Apr 20054961,12849.207.36$32,706
Mar 20055201,20350.377.15$34,800
Feb 20054331,09145.226.31$26,467
Jan 20053671,26343.166.32$23,825
Dec 20044321,19639.866.75$25,294
Nov 20045011,23145.286.33$30,478
Oct 20046401,23549.706.52$39,854
Sep 20041691,10743.245.28$13,157
Aug 20043491,01142.375.55$20,399
Jul 20042841,12638.286.08$17,722
Jun 20044971,27836.106.43$26,163
May 20044161,38237.486.49$24,567
Apr 20046661,33934.475.86$30,802
Mar 20043481,18434.365.53$18,505
Feb 20044801,04232.455.51$21,317
Jan 20045681,11232.036.30$25,198
Dec 20033471,12730.266.30$17,602
Nov 20034351,03128.804.60$17,266
Oct 20035761,24628.174.76$22,156
Sep 20037601,31026.314.75$26,217
Aug 20036961,33229.765.13$27,546
Jul 20036091,69729.415.17$26,686
Jun 20036661,70128.565.98$29,198
May 20038271,65826.595.97$31,893
Apr 20038541,41826.675.41$30,444
Mar 20036871,41031.146.10$29,989
Feb 20035591,25633.487.93$28,670
Jan 20037811,40830.315.58$31,532
Dec 20027671,37026.914.85$27,290
Nov 20027551,39524.664.14$24,389
Oct 20021,0421,63426.464.23$34,482
Sep 20027911,29027.443.64$26,394
Aug 20026961,34825.963.16$22,333
Jul 20029331,07224.583.06$26,215
Jun 20029112,38023.733.34$29,563
May 20028401,83324.663.58$27,284
Apr 20021,0861,72923.653.51$31,757
Mar 20021,0131,81422.003.10$27,914
Feb 20021,1141,87118.222.38$24,742
Jan 20027261,85117.172.38$16,863
Dec 20011,1602,02916.932.36$24,436
Nov 20011,1742,04318.072.41$26,129
Oct 20018552,13319.782.53$22,306
Sep 20011,3713,27124.262.25$40,625
Aug 20011,0351,52824.873.05$30,406
Jul 20011,0212,28023.933.20$31,722
Jun 20011,2111,29324.563.82$34,687
May 20011,3491,42225.524.31$40,551
Apr 20011,0091,38524.685.34$32,292
Mar 20011,5521,44324.545.38$45,844
Feb 20011,1171,24227.755.77$38,159
Jan 20011,1901,38127.478.40$44,288
Dec 20001,7481,49926.889.12$60,661
Nov 20001,9001,54232.215.66$69,924
Oct 20001,5571,67331.235.15$57,234
Sep 20001,6961,51531.875.19$61,909
Aug 20001,2051,66829.644.54$43,290
Jul 20001,3481,86828.534.09$46,098
Jun 20001,0291,58129.304.40$37,102
May 20001,1361,83527.263.68$37,720
Apr 20001,0271,77424.513.12$30,700
Mar 20008671,77028.422.86$29,702
Feb 20008791,71727.622.73$28,959
Jan 20008881,81325.272.48$26,937
Dec 19995151,71724.282.42$16,666
Nov 19995111,68623.192.43$15,954
Oct 19997071,90320.982.80$20,168
Sep 19995221,84821.752.62$16,193
Aug 19995331,81819.262.88$15,493
Jul 19997091,99917.892.37$17,426
Jun 19995261,41115.942.36$11,717
May 19997171,95215.792.32$15,852
Apr 19997321,95915.102.21$15,379
Mar 19995811,84012.471.84$10,628
Feb 19997371,6569.981.82$10,366
Jan 19999241,81410.381.90$13,038
Dec 19987501,9649.201.77$10,383
Nov 19988751,87810.892.19$13,634
Oct 19987172,10412.421.97$13,048
Sep 19987062,07012.592.08$13,200
Aug 19985262,21811.301.91$10,174
Jul 19988842,22011.742.24$15,345
Jun 19986972,09311.242.24$12,517
May 19988632,60712.622.21$16,643
Apr 199818282613.042.51$4,443
Mar 199817227512.802.31$2,837
Feb 19988671,87413.952.30$16,403
Jan 19986992,22114.702.15$15,061
Dec 19978692,13816.322.41$19,337
Nov 19977012,07518.193.09$19,159
Oct 19978612,21619.253.15$23,554
Sep 19976902,23817.742.95$18,854
Aug 19977062,36317.862.55$18,646
Jul 19971,0372,30817.582.25$23,416
Jun 19976882,14317.242.26$16,698
May 19971,0422,37618.972.31$25,252
Apr 19976942,57917.882.08$17,780
Mar 19971,2102,20218.951.94$27,199
Feb 19976882,11920.492.21$18,771
Jan 19977062,29823.483.54$24,711
Dec 19968812,25823.32$20,545
Nov 19968752,36421.97$19,224
Oct 19961,0752,57823.31$25,058
Sep 19968652,52622.22$19,220
Aug 19961,0202,56420.26$20,665
Jul 19968482,73219.55$16,578
Jun 19961,1882,65218.73$22,251
May 19968332,80319.43$16,185
Apr 19961,3432,64721.51$28,888
Mar 19961,1453,21319.38$22,190
Feb 19966662,23516.98$11,309
Jan 19965222,04617.07$8,911
Dec 19958602,62917.19$14,783
Nov 19958522,79916.00$13,632
Oct 19951,1832,96215.43$18,254
Sep 19958423,00616.18$13,624
Aug 19951,1793,14715.92$18,770
Jul 19951,0073,21915.24$15,347
Jun 19951,0083,09716.41$16,541
May 19958883,18517.56$15,593
Apr 19951,0333,11817.73$18,315
Mar 19951,0563,26516.44$17,361
Feb 19958712,78216.58$14,441
Jan 19951,0483,17615.92$16,684
Dec 19941,2423,44515.03$18,667
Nov 19941,1383,47115.90$18,094
Oct 19941,0573,80815.58$16,468
Sep 19941,2573,80915.29$19,220
Aug 19941,4064,09516.13$22,679
Jul 19941,0523,86517.56$18,473
Jun 19941,2023,98217.09$20,542
May 19941,0454,25615.88$16,595
Apr 19941,5614,12114.14$22,073
Mar 19941,0104,26012.46$12,585
Feb 19941,0303,93212.50$12,875
Jan 19948683,96812.66$10,989
Dec 19931,0614,17012.33$13,082
Nov 19931,4024,43714.49$20,315
Oct 19931,0984,69115.85$17,403
Sep 19931,1394,71015.03$17,119
Aug 19931,3194,87215.66$20,656
Jul 19931,0954,91115.46$16,929
Jun 19931,2644,87216.79$21,223
May 19931,3604,98417.68$24,045
Apr 19938305,04118.05$14,982
Mar 19931,3085,34218.14$23,727
Feb 19931,0404,90017.90$18,616
Jan 19931,0625,44516.93$17,980

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.

May 2026 — as filed, then multipliedworked
Oil                  179 bbl  × $106.41 =    $19,047
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,047

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/32345 is the state's own key, not one this site invented.