KEYHOLE 43

Operated by PDC PERMIAN, INC. (P-5 646832) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48650District 08Field 71052900OilCasinghead gasSave
Value, all time
$32.2 M
Jun 2016 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
120
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition505,523 bbl$27,364,098
Casinghead gasProduction1,533,708 Mcf$4,878,551
Total$32,242,649

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 31.4309, -103.5720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43086, -103.57203 · 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
10,273 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 10,273 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-389351331H10,273 ftJun 2016

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 (120)

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

120 months

May 20269422,001106.413.05$106,333
Apr 20261,1181,73498.932.87$115,580
Mar 20269121,45289.753.15$86,425
Feb 20268931,98063.503.75$64,131
Jan 20261,1372,14759.138.00$84,402
Dec 20259492,02056.664.41$62,685
Nov 20251,1013,23658.593.93$77,214
Oct 20251,4773,64459.383.30$99,747
Sep 20251,0233,22462.743.08$74,103
Aug 20251,1222,28863.933.01$78,627
Jul 20251,25097966.743.32$86,671
Jun 20251,1401,32066.483.13$79,917
May 202592179860.553.23$58,346
Apr 20251,3422,81862.363.54$93,672
Mar 20251,3293,18067.704.27$103,547
Feb 20251,0161,78470.884.34$79,758
Jan 202595919074.324.28$72,086
Dec 20241,33932968.993.12$93,405
Nov 20241,13889069.052.20$80,536
Oct 20241,32985371.372.28$96,797
Sep 202495346069.612.36$67,426
Aug 20241,41177375.632.06$108,309
Jul 20241,4481,75379.932.15$119,502
Jun 20241,1171,92578.082.63$92,286
May 20241,1172,02978.812.20$92,491
Apr 20241,4012,17484.451.66$121,922
Mar 20241,5012,01280.301.55$123,639
Feb 20241,4942,40576.091.78$117,968
Jan 20241,9062,71273.023.30$148,119
Dec 20231,8872,15671.262.61$140,096
Nov 202376171077.892.81$61,268
Oct 20232,8282,96885.443.09$250,787
Sep 20234,8117,77489.042.74$449,634
Aug 20233,2734,75580.522.67$276,252
Jul 20231,4711,03274.852.64$112,831
Jun 20231,9921,29068.962.26$140,282
May 20232,4452,62370.622.23$178,508
Apr 202395564678.122.24$76,050
Mar 2023124372.852.39$9,041
Feb 20231,4983,02375.112.47$119,969
Jan 20231,6913,61476.533.39$141,655
Dec 20221,8274,58476.415.73$165,863
Nov 20222,0194,32085.005.65$196,007
Oct 20221,9434,96087.185.86$198,475
Sep 20221,9134,67584.888.16$200,541
Aug 20221,9056,34394.529.13$237,954
Jul 20222,0706,835101.587.54$261,821
Jun 20221,8956,293115.097.98$268,296
May 20222,5948,613109.378.43$356,340
Apr 20222,5179,194104.226.84$325,187
Mar 202200108.885.08$0
Feb 20225012791.054.86$45,747
Jan 20222,4857,22381.844.54$236,148
Dec 20211,9977,46671.323.90$171,537
Nov 20212,5727,05377.435.24$236,085
Oct 20211,9197,80479.795.71$197,708
Sep 20212,3977,92669.865.35$209,866
Aug 20212,5887,82766.024.22$203,894
Jul 20212,2527,82870.783.98$190,568
Jun 20212,2427,78069.493.38$182,098
May 20212,9608,37463.483.02$213,171
Apr 20212,4429,15060.362.76$172,639
Mar 20212,5439,70061.302.72$182,240
Feb 20212,0586,48257.805.55$154,914
Jan 20212,9368,11050.412.81$170,795
Dec 20202,7298,86444.642.68$145,538
Nov 20202,5808,42138.772.71$122,819
Oct 20202,8218,61036.972.48$125,632
Sep 20202,78611,39637.091.99$126,023
Aug 20202,79911,32739.982.39$138,920
Jul 20203,08510,61038.371.83$137,736
Jun 20202,57911,02134.901.69$108,636
May 20203,15313,06216.921.81$77,053
Apr 20202,78813,40314.751.80$65,307
Mar 20203,33013,94430.341.86$126,915
Feb 20203,35012,67649.881.98$192,205
Jan 20203,45713,94157.252.09$227,116
Dec 20192,7668,58259.012.30$182,998
Nov 20193,34213,37155.302.75$221,592
Oct 20193,84312,38953.472.42$235,449
Sep 20192,99610,98155.052.66$194,109
Aug 20193,91513,09253.112.30$238,094
Jul 20193,50115,79156.272.46$235,848
Jun 20194,16213,35452.782.49$252,938
May 20193,37415,05658.482.74$238,570
Apr 20193,71415,17762.632.75$274,355
Mar 20194,09013,74156.803.06$274,388
Feb 20193,74713,74950.852.79$228,925
Jan 20194,92115,63146.033.23$276,973
Dec 20183,65817,56246.594.19$243,931
Nov 20185,04816,89352.934.24$338,770
Oct 20184,78117,97461.443.40$354,822
Sep 20184,61117,79359.543.11$329,840
Aug 20184,77118,84059.403.07$341,171
Jul 20185,02018,15165.142.93$380,219
Jun 20185,00819,25960.183.08$360,640
May 20185,69620,66665.382.90$432,352
Apr 20185,52221,23063.842.90$414,108
Mar 20185,76223,49861.222.79$418,235
Feb 20185,66721,23161.782.77$408,835
Jan 20187,40822,94462.874.01$557,731
Dec 20177,03422,74557.272.92$469,287
Nov 20177,15125,58455.423.12$476,089
Oct 20174,95013,28349.292.98$283,618
Sep 20176,72724,98547.523.09$396,803
Aug 20177,38427,20445.373.00$416,744
Jul 20178,22826,78143.873.09$443,643
Jun 20178,06926,35042.493.09$424,202
May 20179,29629,44345.373.26$517,844
Apr 20179,83929,27347.933.21$565,596
Mar 201710,15734,06346.772.98$576,676
Feb 201710,52133,17850.452.95$628,746
Jan 201713,42039,25749.413.42$797,294
Dec 201613,79642,03048.763.72$829,164
Nov 201614,76544,86642.492.64$746,006
Oct 201618,45057,56046.193.09$1,030,081
Sep 201625,86976,07841.553.10$1,310,747
Aug 201632,71587,27741.442.92$1,610,937
Jul 201631,48282,68441.622.92$1,552,077
Jun 201613,79434,56645.352.69$718,396

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                  942 bbl  × $106.41 =   $100,238
Casinghead gas     2,001 Mcf  × $  3.05 =     $6,095

────────────────────────────────────────────────────
Month total                                 $106,333

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/48650 is the state's own key, not one this site invented.