KEYSTONE SILURIAN UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) 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 51896District 08Field 49129210Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.1 M
Mar 2019 – May 2026
Value, last 12 filed months
$366 k
at the published price for each month
Months reported
87
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 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
OilDisposition71,966 bbl$4,878,550
Casinghead gasProduction62,690 Mcf$228,931
Total$5,107,481

Wells on this lease (27)

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 31.9196, -103.0355. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.4 miles.

31.92227, -103.03875 · 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
29.6%
8 of 27 wells
With a plug date
25.9%
7 of 27 wells
Median depth
8,078 ft
17 wells filed one
Completion to plug
47.9 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
829.6%
A plug date is filed
725.9%
BothOn the schedule and plugged. Neither fact cancels the other.
725.9%
NeitherNo plug date, and not on the schedule.
1970.4%

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, 17 of 27 wells. Median 8,078 ft, with the middle half between 7,940 and 9,900 ft; the shallowest is 108 ft and the deepest 10,358 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, 20 of 27 wells, Mar 1959 – Nov 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1959 – Nov 2019
20 of 27 wells; 7 filed none
Plug dates filed
Oct 2020 – Feb 2024
7 of 27 wells; 20 filed none

Last completion to plug: a median of 47.9 years across the 4 wells that filed both dates, with the middle half between 46.8 years and 48.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

27 wells

42-49501270178,075 ftOct 2020Yes
42-495012806W8,015 ftMay 2021Yes
42-49510896137,940 ftJan 2021Yes
42-4950130121W7,716 ft
42-4950226641W10,358 ft
42-4951017019W8,012 ft
42-4953004528W7,646 ft
42-4951015427108 ftNov 2019
42-49510169268,078 ftOct 2019
42-49504122309,920 ftOct 2019Yes
42-4950390029,900 ftJun 1995
42-49502273448,100 ftFeb 1988
42-49501150209,749 ftDec 1980Feb 2024Yes
42-49502256428,892 ftDec 1974Jan 2024Yes
42-49504126317,730 ftDec 1974Nov 2022Yes
42-4950116352Dec 1974
42-4950118953Dec 1974
42-4950124245Dec 1974
42-49501259519,928 ftDec 1974
42-4950126923Dec 1974
42-4950127234Dec 1974
42-4950128122Dec 1974
42-4950129139Dec 1974
42-4950226843Dec 1974
42-4950412837Dec 1974
42-49501148159,969 ftDec 1972Nov 2020Yes
42-4950413135Mar 1959

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 202600106.413.05$0
Apr 20261,539098.932.87$152,253
Mar 2026347089.753.15$31,143
Feb 2026126063.503.75$8,001
Jan 2026322059.138.00$19,040
Dec 2025168056.664.41$9,519
Nov 2025149058.593.93$8,730
Oct 2025166059.383.30$9,857
Sep 2025335062.743.08$21,018
Aug 2025337063.933.01$21,544
Jul 2025172066.743.32$11,479
Jun 20251,103066.483.13$73,327
May 2025512060.553.23$31,002
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025062170.884.34$2,696
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240169.052.20$2
Oct 202417115971.372.28$12,567
Sep 20246831,03669.612.36$49,993
Aug 20241,1981,49875.632.06$93,696
Jul 20241,1901,26979.932.15$97,841
Jun 202497897778.082.63$78,936
May 20241,3081,11978.812.20$105,544
Apr 20241,3101,04984.451.66$112,370
Mar 20241,59592780.301.55$129,511
Feb 202432041576.091.78$25,089
Jan 202467623173.023.30$50,123
Dec 20231,11415071.262.61$79,775
Nov 20235947677.892.81$46,480
Oct 20235133985.443.09$43,951
Sep 202316811689.042.74$15,276
Aug 20231,00197780.522.67$83,212
Jul 202399561974.852.64$76,111
Jun 20231,61384768.962.26$113,145
May 20231,887070.622.23$133,260
Apr 20231,056478.122.24$82,504
Mar 20231,56718172.852.39$114,589
Feb 20231,3861,24875.112.47$107,180
Jan 20231,6121,17576.533.39$127,347
Dec 20228971,10676.415.73$74,876
Nov 20221,3851,46685.005.65$126,002
Oct 20221,9732,13587.185.86$184,525
Sep 20221,2621,69384.888.16$120,940
Aug 20221,3931,59294.529.13$146,197
Jul 20228641,448101.587.54$98,686
Jun 20229971,035115.097.98$123,001
May 2022671915109.378.43$81,104
Apr 2022672777104.226.84$75,349
Mar 2022844892108.885.08$96,423
Feb 202267976391.054.86$65,530
Jan 202285380081.844.54$73,440
Dec 202186324971.323.90$62,520
Nov 202171136877.435.24$56,980
Oct 20218421,13779.795.71$73,680
Sep 20211,01982769.865.35$75,613
Aug 20218401,13366.024.22$60,239
Jul 20218561,19370.783.98$65,338
Jun 20211,1561,34069.493.38$84,860
May 20211,0131,77163.483.02$69,650
Apr 20218801,21060.362.76$56,454
Mar 20211,2531,33761.302.72$80,441
Feb 20211,02190557.805.55$64,035
Jan 20211,20428950.412.81$61,506
Dec 202081096044.642.68$38,727
Nov 202033765138.772.71$14,827
Oct 202065779936.972.48$26,270
Sep 20201,1641,08837.091.99$45,339
Aug 20201,3031,57539.982.39$55,850
Jul 20201,1381,94038.371.83$47,206
Jun 20201,3681,49034.901.69$50,262
May 20201,7131,54016.921.81$31,779
Apr 20201,87658614.751.80$28,728
Mar 202064880630.341.86$21,156
Feb 20201,6201,44449.881.98$83,666
Jan 20206861,36457.252.09$42,131
Dec 201994967359.012.30$57,551
Nov 201949466455.302.75$29,145
Oct 201969368153.472.42$38,702
Sep 20191,03674555.052.66$59,011
Aug 20198601,60653.112.30$49,375
Jul 20191,2141,27356.272.46$71,443
Jun 20196791,20252.782.49$38,832
May 20190058.482.74$0
Apr 2019024062.632.75$660
Mar 201936224856.803.06$21,321

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.

Apr 2026 — as filed, then multipliedworked
Oil                1,539 bbl  × $ 98.93 =   $152,253
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                 $152,253

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/51896 is the state's own key, not one this site invented.