KEYSTONE CATTLE CO.

Operated by MINERAL TECHNOLOGIES, INC. (P-5 593635) in the KEYSTONE (HOLT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3384District 08Field 49129396Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Feb 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
290
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 63 leases and 354 wells, and the rule below applies to all of them.

Discovered
1943-09-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1975-07-07.

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: INTO THE KEYSTONE (CONSOLIDATED) FIELD.

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
OilDisposition25,361 bbl$1,091,511
Casinghead gasProduction1,687 Mcf$612
Total$1,092,123

1,436 Mcf of this lease's gas, across 44 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 (7)

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 31.9227, -103.0362. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

31.92473, -103.03641 · 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%
7 of 7 wells
With a plug date
57.1%
4 of 7 wells
Median depth
4,764 ft
6 wells filed one
Completion to plug
29.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
457.1%
BothOn the schedule and plugged. Neither fact cancels the other.
457.1%
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 4,745 and 5,100 ft, median 4,764 ft, over the 6 wells that filed a depth.

Completions filed
Mar 1947 – Aug 2022
3 of 7 wells; 4 filed none
Plug dates filed
Feb 1979 – Dec 1979
4 of 7 wells; 3 filed none

Last completion to plug: a median of 29.1 years across the 1 well that filed both dates, with the middle half between 29.1 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-49501160804,765 ftDec 1979Yes
42-4950116181Yes
42-49501167874,745 ftDec 1979Yes
42-4950124134,750 ftDec 1979Yes
42-49501166865,100 ftAug 2022Yes
42-49501170904,989 ftJan 1950Feb 1979Yes
42-495012581044,763 ftMar 1947Yes

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 (290)

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

290 months

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 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201554040.162.87$2,169
Jul 2015134048.152.95$6,452
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015145049.822.71$7,224
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014165070.464.25$11,626
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014151089.394.04$13,498
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014162094.734.73$15,346
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014162097.406.19$15,779
Jan 20140090.404.86$0
Dec 2013162091.824.35$14,875
Nov 20130088.853.74$0
Oct 2013172097.423.78$16,756
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131690102.523.72$17,326
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013173093.964.28$16,255
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013176091.603.42$16,122
Dec 20120086.773.42$0
Nov 2012172086.953.62$14,955
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012174091.612.49$15,940
Apr 201200101.652.00$0
Mar 20121710105.052.22$17,964
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011175083.404.15$14,595
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011182098.134.40$17,860
Apr 201100105.964.33$0
Mar 2011176096.364.06$16,959
Feb 20110085.644.18$0
Jan 2011178086.504.59$15,397
Dec 20100085.734.35$0
Nov 2010176080.843.80$14,228
Oct 20100078.103.51$0
Sep 2010176072.633.98$12,783
Aug 20100073.684.42$0
Jul 2010176072.554.74$12,769
Jun 20100070.364.91$0
May 2010172071.124.24$12,233
Apr 2010179081.694.12$14,623
Mar 20100078.394.39$0
Feb 2010178073.585.44$13,097
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009174074.593.75$12,979
Oct 2009168072.544.11$12,187
Sep 20090065.543.06$0
Aug 2009174067.423.22$11,731
Jul 20090061.133.46$0
Jun 2009169066.163.90$11,181
May 2009164054.743.93$8,977
Apr 20090046.773.59$0
Mar 2009177042.144.06$7,459
Feb 20090032.814.63$0
Jan 2009179035.865.37$6,419
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008174075.246.92$13,092
Sep 200800101.767.88$0
Aug 20081740114.228.48$19,874
Jul 20081770131.0811.39$23,201
Jun 200800131.3313.03$0
May 20081760123.1711.57$21,678
Apr 200800110.3110.45$0
Mar 20081640101.909.66$16,712
Feb 2008165092.538.77$15,267
Jan 20080090.388.21$0
Dec 2007166088.337.30$14,663
Nov 2007171091.677.29$15,676
Oct 20070082.856.92$0
Sep 2007158075.846.24$11,983
Aug 2007169069.066.39$11,671
Jul 2007154070.906.39$10,919
Jun 20070062.007.55$0
May 2007152058.747.85$8,928
Apr 2007173059.617.81$10,313
Mar 2007178056.927.30$10,132
Feb 20070055.108.22$0
Jan 2007158050.306.73$7,947
Dec 2006162056.656.92$9,177
Nov 20060054.207.62$0
Oct 2006136054.906.01$7,466
Sep 2006150060.085.04$9,012
Aug 2006153068.717.34$10,513
Jul 2006161069.376.34$11,169
Jun 2006175066.286.38$11,599
May 20060066.016.42$0
Apr 2006138064.397.36$8,886
Mar 2006162056.707.08$9,185
Feb 20060057.597.75$0
Jan 2006146060.598.93$8,846
Dec 2005127054.9413.42$6,977
Nov 2005168054.6910.59$9,188
Oct 2005171058.3413.80$9,976
Sep 2005150061.4512.08$9,218
Aug 2005133061.519.80$8,181
Jul 2005176055.697.84$9,801
Jun 2005167052.337.38$8,739
May 20050045.226.65$0
Apr 2005151049.207.36$7,429
Mar 20050050.377.15$0
Feb 2005172045.226.31$7,778
Jan 2005142043.166.32$6,129
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004166049.706.52$8,250
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004760038.286.08$29,093
Jun 2004180036.106.43$6,498
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002170024.583.06$4,179
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001162024.873.05$4,029
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001183024.685.34$4,516
Mar 2001164024.545.38$4,025
Feb 2001176027.755.77$4,884
Jan 20010027.478.40$0
Dec 2000175026.889.12$4,704
Nov 2000344032.215.66$11,080
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000154029.644.54$4,565
Jul 2000171028.534.09$4,879
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000205024.513.12$5,025
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999284017.892.37$5,081
Jun 199986015.942.36$1,371
May 1999112015.792.32$1,768
Apr 199955015.102.21$831
Mar 199957012.471.84$711
Feb 19995809.981.82$579
Jan 1999117010.381.90$1,214
Dec 199811709.201.77$1,076
Nov 1998115010.892.19$1,252
Oct 1998115012.421.97$1,428
Sep 1998167012.592.08$2,103
Aug 1998109011.301.91$1,232
Jul 1998212011.742.24$2,489
Jun 1998115011.242.24$1,293
May 1998113012.622.21$1,426
Apr 1998115013.042.51$1,500
Mar 1998213012.802.31$2,726
Feb 1998168013.952.30$2,344
Jan 19980014.702.15$0
Dec 1997239016.322.41$3,900
Nov 1997167018.193.09$3,038
Oct 1997235019.253.15$4,524
Sep 1997104017.742.95$1,845
Aug 1997551717.862.55$1,026
Jul 19971593017.582.25$2,863
Jun 19971584417.242.26$2,823
May 19971802418.972.31$3,470
Apr 19972773317.882.08$5,021
Mar 19972423118.951.94$4,646
Feb 19972732820.492.21$5,656
Jan 19971854423.483.54$4,500
Dec 19962693123.32$6,273
Nov 19962703821.97$5,932
Oct 19961782023.31$4,149
Sep 1996270022.22$5,999
Aug 1996273020.26$5,531
Jul 1996300319.55$5,865
Jun 19962625218.73$4,907
May 19961844919.43$3,575
Apr 19961813121.51$3,893
Mar 19961612419.38$3,120
Feb 1996532616.98$900
Jan 19961092117.07$1,861
Dec 19951591917.19$2,733
Nov 1995201316.00$320
Oct 19952053615.43$3,163
Sep 199501616.18$0
Aug 19950015.92$0
Jul 199517015.24$259
Jun 1995169516.41$2,773
May 19951643317.56$2,880
Apr 19951691717.73$2,996
Mar 19951152716.44$1,891
Feb 19951703716.58$2,819
Jan 19951674215.92$2,659
Dec 19941725215.03$2,585
Nov 19941114815.90$1,765
Oct 1994563515.58$872
Sep 1994562615.29$856
Aug 19941101916.13$1,774
Jul 199402217.56$0
Jun 19941151917.09$1,965
May 1994551515.88$873
Apr 1994173914.14$2,446
Mar 19941102812.46$1,371
Feb 1994572512.50$713
Jan 19941152612.66$1,456
Dec 19931512012.33$1,862
Nov 19931143514.49$1,652
Oct 19931696215.85$2,679
Sep 19931693715.03$2,540
Aug 19931733615.66$2,709
Jul 19931704015.46$2,628
Jun 19931715016.79$2,871
May 19931686017.68$2,970
Apr 19931666718.05$2,996
Mar 19931695118.14$3,066
Feb 19931695817.90$3,025
Jan 19932015616.93$3,403

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.

Aug 2015 — as filed, then multipliedworked
Oil                   54 bbl  × $ 40.16 =     $2,169
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $2,169

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/3384 is the state's own key, not one this site invented.