EAST KEYSTONE (SAN A HOLT UNIT)

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the KEYSTONE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46985District 08Field 49129150OilCasinghead gasSaveExport
Value, all time
$15.2 M
Sep 2015 – May 2026
Value, last 12 filed months
$523 k
at the published price for each month
Months reported
129
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 38 leases and 425 wells, and the rule below applies to all of them.

Discovered
2015-08-25
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 10 acres. The field rule took effect on 2016-01-01.

The Commission's schedule remark for this field reads: RULE.

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
OilDisposition268,888 bbl$14,856,307
Casinghead gasProduction108,772 Mcf$323,400
Total$15,179,707

Wells on this lease (76)

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 31.9390, -103.0016. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.1 miles.

31.93860, -103.00226 · centre of 70 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
19.7%
15 of 76 wells
With a plug date
23.7%
18 of 76 wells
Median depth
5,327 ft
76 wells filed one
Completion to plug
26.6 years
median over 15 wells

What the state filed about each well

On the RRC proration schedule
1519.7%
A plug date is filed
1823.7%
BothOn the schedule and plugged. Neither fact cancels the other.
1519.7%
NeitherNo plug date, and not on the schedule.
5876.3%

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

Total depth in feet, 76 of 76 wells. Median 5,327 ft, with the middle half between 5,200 and 5,500 ft; the shallowest is 4,727 ft and the deepest 10,280 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 76 of 76 wells, May 1974 – Sep 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1974 – Sep 2025
76 of 76 wells
Plug dates filed
Mar 1971 – Dec 2025
18 of 76 wells; 58 filed none

Last completion to plug: a median of 26.6 years across the 15 wells that filed both dates, with the middle half between 24.2 years and 42.5 years. A further 3 wells are excluded, because the last completion the Commission holds for them is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

76 wells

42-495324428205,203 ftSep 2025
42-495324708115,225 ftOct 2024
42-495324448105,350 ftJul 2024
42-4953396315,635 ftFeb 2018
42-495324788035,215 ftJul 2015
42-495325068285,300 ftFeb 2012
42-495303409115,450 ftAug 2011
42-495303399124,900 ftAug 2011
42-495052538228,100 ftJul 2007
42-4953292313015,350 ftOct 2003
42-495325078295,300 ftJun 2003
42-495327629135,403 ftApr 2003
42-495327349175,450 ftMar 2003
42-495325298375,350 ftMar 2003
42-495325928305,350 ftSep 2002
42-4953227213045,288 ftSep 2002
42-4953234613055,307 ftSep 2002
42-4953038212045,400 ftAug 2002Dec 2024Yes
42-495325759085,350 ftJul 2002
42-495324678215,300 ftJul 2002
42-495324688125,300 ftJul 2002
42-495324817045,150 ftJul 2002
42-495325668015,200 ftJul 2002
42-495324828025,219 ftJul 2002
42-495325158275,200 ftJul 2002
42-495324668195,200 ftJun 2002
42-495327639095,405 ftJun 2002
42-495325318355,250 ftJun 2002
42-495324998045,300 ftJun 2002
42-495325279045,450 ftJun 2002
42-495325328055,450 ftJun 2002Jun 2023Yes
42-495325949015,400 ftJun 2002
42-495325834035,175 ftJun 2002
42-495325399055,600 ftJun 2002
42-495325442015,503 ftJun 2002
42-4950530383110,280 ftNov 2001Jul 1971
42-495302989154,900 ftSep 2001
42-495302949145,240 ftJan 1998
42-495325738385,500 ftNov 1997
42-495325729035,482 ftOct 1997Mar 2023Yes
42-495325308365,300 ftAug 1997
42-495326649025,400 ftAug 1997Apr 2023Yes
42-495325267025,190 ftJul 1997
42-495325494025,200 ftJul 1997
42-495303242024,900 ftMar 1997
42-495303139065,346 ftAug 1996
42-495303573015,240 ftAug 1996Mar 2023Yes
42-495303478095,172 ftMay 1996
42-4950133013078,310 ftMar 1996Mar 1971
42-495325237035,150 ftMar 1996
42-495303179105,500 ftFeb 1996
42-4950133213088,640 ftJan 1996
42-495053008328,286 ftNov 1995Jun 1971
42-495302808245,200 ftNov 1995
42-495039453028,923 ftOct 1995Apr 2023Yes
42-495053018158,275 ftOct 1995
42-495303648345,350 ftSep 1995Jul 2019Yes
42-495052558238,282 ftSep 1995
42-495057608088,496 ftAug 1995
42-495302898255,199 ftJul 1995
42-495052548068,173 ftMay 1995Jul 2019Yes
42-495303198165,300 ftApr 1995
42-495303658175,400 ftMar 1995
42-4950525680710,048 ftOct 1994Nov 2018Yes
42-495318697056,300 ftFeb 1985
42-495052998148,100 ftJan 1985Jul 2020Yes
42-495052167068,006 ftAug 1984Dec 2025Yes
42-4950521770110,041 ftJan 1983
42-4953052212054,866 ftJul 1977
42-4953039913034,885 ftDec 1975Jul 2019Yes
42-4953035612034,857 ftSep 1975
42-495303289074,898 ftMay 1975Dec 2025Yes
42-495303232034,900 ftApr 1975
42-495303109164,750 ftMar 1975Apr 2023Yes
42-4953030312014,880 ftFeb 1975Nov 2018Yes
42-495053028134,727 ftMay 1974

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 (129)

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

129 months

May 20265653106.413.05$60,131
Apr 202672920098.932.87$72,694
Mar 202662914689.753.15$56,913
Feb 202655825563.503.75$36,389
Jan 202662429359.138.00$39,241
Dec 202574435156.664.41$43,704
Nov 202555529258.593.93$33,664
Oct 202551930959.383.30$31,839
Sep 202557829062.743.08$37,156
Aug 20253272663.933.01$20,983
Jul 20256763166.743.32$45,219
Jun 20256745366.483.13$44,973
May 20255976460.553.23$36,355
Apr 2025504762.363.54$31,454
Mar 2025436067.704.27$29,517
Feb 2025854070.884.34$60,532
Jan 20256848374.324.28$51,190
Dec 202460113268.993.12$41,875
Nov 202475612869.052.20$52,483
Oct 202484916571.372.28$60,970
Sep 202486234469.612.36$60,817
Aug 202462039075.632.06$47,695
Jul 20247821479.932.15$62,535
Jun 202442538078.082.63$34,185
May 202461821178.812.20$49,168
Apr 202464025684.451.66$54,473
Mar 202435020180.301.55$28,416
Feb 202469918276.091.78$53,512
Jan 202473318773.023.30$54,140
Dec 20235553871.262.61$39,649
Nov 20238391577.892.81$65,392
Oct 20234654185.443.09$39,856
Sep 202345312989.042.74$40,688
Aug 20237872980.522.67$63,447
Jul 20232,06114374.852.64$154,644
Jun 20233,08222968.962.26$213,052
May 20232,34941070.622.23$166,800
Apr 202391740678.122.24$72,545
Mar 2023047472.852.39$1,134
Feb 2023050575.112.47$1,245
Jan 2023053776.533.39$1,819
Dec 202264656976.415.73$52,621
Nov 20221,55249985.005.65$134,737
Oct 202284377387.185.86$78,025
Sep 20221,71956184.888.16$150,489
Aug 20221,46063294.529.13$143,768
Jul 20221,6251,000101.587.54$172,610
Jun 20221,409884115.097.98$169,214
May 20221,965453109.378.43$218,732
Apr 20221,9791,064104.226.84$213,527
Mar 20222,518971108.885.08$279,089
Feb 20222,29476491.054.86$212,581
Jan 20222,29476481.844.54$191,208
Dec 20211,66469771.323.90$121,394
Nov 20211,94747677.435.24$153,249
Oct 20211,833079.795.71$146,255
Sep 20212,458069.865.35$171,716
Aug 20212,14760966.024.22$144,315
Jul 20211,16880370.783.98$85,869
Jun 20212,872069.493.38$199,575
May 20212,39493563.483.02$154,793
Apr 20212,68772560.362.76$164,187
Mar 20211,51395161.302.72$95,331
Feb 20212,56544157.805.55$150,704
Jan 20212,85080450.412.81$145,928
Dec 20202,20679844.642.68$100,611
Nov 20202,382038.772.71$92,350
Oct 20201,585036.972.48$58,597
Sep 20202,6861,35137.091.99$102,314
Aug 20202,3971,65239.982.39$99,772
Jul 20203,3341,77538.371.83$131,165
Jun 20201,9071,61834.901.69$69,289
May 20202,5351,46416.921.81$45,549
Apr 20203,2351,80214.751.80$50,968
Mar 20202,9181,79430.341.86$91,862
Feb 20202,8951,20049.881.98$146,779
Jan 20201,9631,57257.252.09$115,675
Dec 20192,85897459.012.30$170,895
Nov 20192,22173255.302.75$124,835
Oct 20192,7061,29853.472.42$147,829
Sep 20193,04563155.052.66$169,304
Aug 20193,5231,50753.112.30$190,579
Jul 20192,5811,33356.272.46$148,512
Jun 20191,7911,39052.782.49$97,992
May 20192,2481,51158.482.74$135,604
Apr 20193,2011,73662.632.75$205,254
Mar 20193,7291,42456.803.06$216,168
Feb 20192,3401,32150.852.79$122,678
Jan 20196,3611,01146.033.23$296,061
Dec 20181,3931,50846.594.19$71,212
Nov 20181,87459852.934.24$101,725
Oct 20182,6821,87461.443.40$171,150
Sep 20183,0262,39959.543.11$187,624
Aug 20183,1671,44659.403.07$192,554
Jul 20182,8451,87665.142.93$190,824
Jun 20183,5571,73560.183.08$219,399
May 20183,1422,19165.382.90$211,780
Apr 20183,0012,57663.842.90$199,056
Mar 20182,6851,73161.222.79$169,200
Feb 20181,98879361.782.77$125,012
Jan 20182,60280962.874.01$166,831
Dec 20172,91766557.272.92$168,999
Nov 20172,55764655.423.12$143,723
Oct 20172,56859349.292.98$128,346
Sep 20172,4551,73447.523.09$122,015
Aug 20172,3061,64545.373.00$109,565
Jul 20171,908043.873.09$83,704
Jun 20172,962042.493.09$125,855
May 20174,159045.373.26$188,694
Apr 20172,632047.933.21$126,152
Mar 20174,313046.772.98$201,719
Feb 20172,139050.452.95$107,913
Jan 20172,692049.413.42$133,012
Dec 20163,7081,06648.763.72$184,771
Nov 20162,8472,23842.492.64$126,887
Oct 20163,775046.193.09$174,367
Sep 20163,095041.553.10$128,597
Aug 20163,453041.442.92$143,092
Jul 20163,77632541.622.92$158,108
Jun 20163,6311,45845.352.69$168,582
May 20164,2033,08442.521.99$184,852
Apr 20162,8232,78436.561.99$108,752
Mar 20164,1222,30633.011.79$140,204
Feb 20162,9411,48726.472.06$80,917
Jan 20164,3452,81727.352.36$125,496
Dec 20155,1103,35332.362.00$172,070
Nov 20152,4853,45338.792.17$103,877
Oct 20154,4773,23743.552.43$202,828
Sep 20155,7823,12742.992.76$257,194

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                  565 bbl  × $106.41 =    $60,122
Casinghead gas         3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                  $60,131

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/46985 is the state's own key, not one this site invented.