KEATING 24

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 45521District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.2 M
Apr 2014 – May 2026
Value, last 12 filed months
$342
at the published price for each month
Months reported
146
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.

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
OilDisposition15,385 bbl$983,263
Casinghead gasProduction59,637 Mcf$192,503
Total$1,175,766

Wells on this lease (1)

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 32.3302, -101.4212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33023, -101.42117 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,795 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 9,795 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-2273786119,795 ftApr 2014

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 (146)

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

146 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20261059.138.00$59
Dec 20255056.664.41$283
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240375.632.06$6
Jul 202401079.932.15$21
Jun 202402178.082.63$55
May 202401878.812.20$40
Apr 202401684.451.66$27
Mar 20246180.301.55$483
Feb 20246076.091.78$457
Jan 202430073.023.30$2,191
Dec 2023063571.262.61$1,658
Nov 20238683977.892.81$9,054
Oct 20235582385.443.09$7,240
Sep 20235684489.042.74$7,295
Aug 20234384380.522.67$5,716
Jul 20236161474.852.64$6,188
Jun 202327485968.962.26$20,835
May 202301,08270.622.23$2,410
Apr 2023074578.122.24$1,667
Mar 20237282072.852.39$7,208
Feb 20238349275.112.47$7,447
Jan 20231051,14476.533.39$11,911
Dec 20222021,66476.415.73$24,968
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022056109.378.43$472
Apr 2022016104.226.84$109
Mar 20220170108.885.08$863
Feb 2022234791.054.86$2,323
Jan 20224931281.844.54$5,426
Dec 202113636271.323.90$11,111
Nov 20216741677.435.24$7,366
Oct 20213079.795.71$239
Sep 20214069.865.35$279
Aug 202119066.024.22$1,254
Jul 202111616070.783.98$8,848
Jun 20216530969.493.38$5,561
May 202129314663.483.02$19,040
Apr 202116615660.362.76$10,450
Mar 202114515161.302.72$9,299
Feb 20219210757.805.55$5,911
Jan 202102450.412.81$67
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202037036.972.48$1,368
Sep 20200037.091.99$0
Aug 20208152639.982.39$4,493
Jul 20208730438.371.83$3,893
Jun 20208827234.901.69$3,531
May 20206033216.921.81$1,618
Apr 20203625314.751.80$988
Mar 20204313130.341.86$1,548
Feb 20206425349.881.98$3,693
Jan 202010129257.252.09$6,394
Dec 20197737159.012.30$5,399
Nov 20197544055.302.75$5,358
Oct 20197047053.472.42$4,880
Sep 20196945255.052.66$5,000
Aug 201913551353.112.30$8,352
Jul 2019041556.272.46$1,021
Jun 20196647352.782.49$4,662
May 201913247658.482.74$9,024
Apr 20196144062.632.75$5,031
Mar 20195839356.803.06$4,498
Feb 201912933850.852.79$7,503
Jan 20197141846.033.23$4,618
Dec 201814941746.594.19$8,687
Nov 20188921652.934.24$5,626
Oct 2018835561.443.40$5,286
Sep 20181634559.543.11$9,845
Aug 2018884959.403.07$5,377
Jul 20181604465.142.93$10,551
Jun 20181446560.183.08$8,866
May 201810821765.382.90$7,691
Apr 201822720463.842.90$15,083
Mar 20186617661.222.79$4,531
Feb 201813813161.782.77$8,888
Jan 20181104962.874.01$7,112
Dec 201752957.272.92$371
Nov 20172712355.423.12$15,091
Oct 2017032149.292.98$958
Sep 2017029947.523.09$923
Aug 20178448645.373.00$5,271
Jul 201710384343.873.09$7,121
Jun 20178923642.493.09$4,510
May 20172341345.373.26$2,391
Apr 20175132747.933.21$3,495
Mar 20172930246.772.98$2,257
Feb 201715640150.452.95$9,054
Jan 201732691749.413.42$19,243
Dec 2016084748.763.72$3,153
Nov 201629187042.492.64$14,665
Oct 201615372846.193.09$9,317
Sep 20168976841.553.10$6,079
Aug 2016087241.442.92$2,550
Jul 201610171341.622.92$6,289
Jun 201610365845.352.69$6,438
May 201617677342.521.99$9,023
Apr 201612384336.561.99$6,175
Mar 201613083833.011.79$5,795
Feb 201620071026.472.06$6,759
Jan 201613161227.352.36$5,030
Dec 201519766732.362.00$7,710
Nov 201518766838.792.17$8,702
Oct 201512564443.552.43$7,006
Sep 201512769242.992.76$7,369
Aug 201519253240.162.87$9,239
Jul 201517548448.152.95$9,852
Jun 201515672056.152.88$10,835
May 201516771755.212.96$11,339
Apr 201526465449.822.71$14,923
Mar 201553068742.892.93$24,748
Feb 201529256144.662.98$14,710
Jan 201524091943.433.10$13,273
Dec 201431870454.693.59$19,920
Nov 20142241,23770.464.25$21,043
Oct 20143531,38978.303.90$33,058
Sep 20145161,81586.164.05$51,801
Aug 20145713,40689.394.04$64,785
Jul 20145222,39396.564.18$60,406
Jun 20141,2133,78498.164.74$136,992
May 20141,054094.734.73$99,845
Apr 20140095.944.81$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.

Jan 2026 — as filed, then multipliedworked
Oil                    1 bbl  × $ 59.13 =        $59
Casinghead gas         0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                      $59

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/45521 is the state's own key, not one this site invented.