MineralRecord
Log inSign up

KEYSTONE CATTLE CO.

Operated by BCP RESOURCES, LLC (P-5 40206) in the KEYSTONE (DEV-MCKEE CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51483District 08Field 49129210Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.6 M
Mar 2019 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
87
no gaps in the span
Streams
2
oil, casinghead gas

The KEYSTONE (DEV-MCKEE CONS) field

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 44 leases and 104 wells, and the rule below applies to all of them.

Discovered
1949-12-01
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 2025-03-26.

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: “DKT 24-00018456; UFT FIELD, UFT ALLOWABLE FOR HZ WELLS. 1965”

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
OilDisposition118,816 bbl$8,030,379
Casinghead gasProduction158,376 Mcf$550,241
Total$8,580,620

Wells on this lease (2)

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 31.9739, -103.0759. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.97389, -103.07585 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
—
no depth filed
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.
2100.0%

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.

2 wells

42-495003531————
42-495003542————

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 (87)

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

87 months

May 20261,1450106.413.05$121,839
Apr 20261,2952398.932.87$128,180
Mar 20261,17430189.753.15$106,314
Feb 20269773163.503.75$62,156
Jan 20261,304059.138.00$77,106
Dec 20251,139456.664.41$64,553
Nov 20251,127658.593.93$66,054
Oct 20251,503259.383.30$89,255
Sep 2025993062.743.08$62,301
Aug 20251,44335263.933.01$93,312
Jul 20259691,25166.743.32$68,818
Jun 20251,14599466.483.13$79,230
May 20251,26664760.553.23$78,748
Apr 20251,1392662.363.54$71,120
Mar 20251,303067.704.27$88,213
Feb 20251,137070.884.34$80,591
Jan 20251,28948674.324.28$97,878
Dec 20241,220068.993.12$84,168
Nov 20241,209069.052.20$83,481
Oct 20241,38270771.372.28$100,246
Sep 20241,0271,29569.612.36$74,551
Aug 20241,3711,60175.632.06$106,993
Jul 20241,1991,21579.932.15$98,444
Jun 20241,3341,21078.082.63$107,346
May 20241,2301,51178.812.20$100,258
Apr 20241,2041,49384.451.66$104,155
Mar 20241,4161,42580.301.55$115,907
Feb 20241,3951,19876.091.78$108,282
Jan 20241,05297173.023.30$80,019
Dec 20231,3981,07271.262.61$102,420
Nov 20231,11135577.892.81$87,532
Oct 20231,47883185.443.09$128,846
Sep 20231,1341,69089.042.74$105,594
Aug 20231,3601,83280.522.67$114,404
Jul 20231,4541,79574.852.64$113,574
Jun 20231,1711,71068.962.26$84,614
May 20231,6692,43170.622.23$123,280
Apr 20231,5012,29678.122.24$122,396
Mar 20231,0542,32272.852.39$82,341
Feb 20231,2192,11975.112.47$96,784
Jan 20231,5182,37776.533.39$124,225
Dec 20221,5232,34376.415.73$129,796
Nov 20221,2412,25185.005.65$118,195
Oct 20221,2362,40187.185.86$121,833
Sep 20221,3872,38484.888.16$137,191
Aug 20221,1892,61194.529.13$136,215
Jul 20221,5482,514101.587.54$176,207
Jun 20221,5082,399115.097.98$192,693
May 20221,0532,390109.378.43$135,322
Apr 20221,3712,407104.226.84$159,344
Mar 20221,6672,472108.885.08$194,052
Feb 20221,2602,08291.054.86$124,839
Jan 20221,5372,42081.844.54$136,769
Dec 20211,2152,46671.323.90$96,269
Nov 20211,3802,38277.435.24$119,328
Oct 20211,3742,49979.795.71$123,910
Sep 20211,4992,42869.865.35$117,712
Aug 20211,3622,54966.024.22$100,678
Jul 20211,3532,55870.783.98$105,952
Jun 20211,6642,53269.493.38$124,191
May 20211,5192,66263.483.02$104,459
Apr 20211,5142,56860.362.76$98,469
Mar 20211,2072,37861.302.72$80,450
Feb 20211,0701,69857.805.55$71,266
Jan 20211,7062,52550.412.81$93,095
Dec 20201,6612,66044.642.68$81,264
Nov 20201,3652,83638.772.71$60,597
Oct 20201,3582,93036.972.48$57,467
Sep 20201,8082,83037.091.99$72,693
Aug 20201,0782,93839.982.39$50,106
Jul 20201,6513,00038.371.83$68,824
Jun 20201,6992,92034.901.69$64,231
May 20201,8273,02716.921.81$36,406
Apr 20201,2342,82214.751.80$23,293
Mar 20201,8472,80930.341.86$61,252
Feb 20201,1282,54049.881.98$61,296
Jan 20201,9882,61057.252.09$119,280
Dec 20191,2532,47059.012.30$79,631
Nov 20191,0672,74355.302.75$66,550
Oct 20191,5452,89653.472.42$89,615
Sep 20191,6582,77855.052.66$98,655
Aug 20191,6753,04953.112.30$95,985
Jul 20191,5132,93356.272.46$92,352
Jun 20191,2472,97952.782.49$73,238
May 20191,7913,08258.482.74$113,183
Apr 20191,6662,92862.632.75$112,396
Mar 20191,9203,09856.803.06$118,542

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                1,145 bbl  × $106.41 =   $121,839
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $121,839

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/51483 is the state's own key, not one this site invented.