KEYSER, P. B.

Operated by RAY HERRING ESTATE (P-5 695237) in the JACK COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128885District 09Field 45274001CondensateGasSaveExport
Value, all time
$100 k
Jan 1993 – Sep 2015
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
273
no gaps in the span
Streams
2
condensate, 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 1,235 leases and 3,090 wells, and the rule below applies to all of them.

Discovered
1915-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: 49B DAILY RATE= 76 MCF

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
CondensateDisposition185 bbl$9,593
GasProduction47,098 Mcf$90,887
Total$100,480

24,372 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.1208, -98.3659. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.12075, -98.36588 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,510 ft
1 wells filed one
Completion to plug
30.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 4,510 ft.

Completions filed
Jan 1985
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 30.7 years across the 1 well that filed both dates, with the middle half between 30.7 years and 30.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373626724,510 ftJan 1985Sep 2015Yes

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 (273)

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

273 months

Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014104078.303.90$8,143
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080390.388.21$25
Dec 200701188.337.30$80
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070175.846.24$6
Aug 20070069.066.39$0
Jul 200703770.906.39$236
Jun 200708762.007.55$657
May 2007010658.747.85$832
Apr 200704259.617.81$328
Mar 2007010556.927.30$767
Feb 2007011055.108.22$904
Jan 2007011650.306.73$780
Dec 2006012056.656.92$830
Nov 200606554.207.62$495
Oct 2006013054.906.01$782
Sep 2006013660.085.04$685
Aug 2006010168.717.34$741
Jul 2006012569.376.34$793
Jun 2006011866.286.38$753
May 200608266.016.42$527
Apr 2006011064.397.36$810
Mar 2006011956.707.08$843
Feb 200609357.597.75$721
Jan 2006010460.598.93$929
Dec 200506354.9413.42$845
Nov 200508554.6910.59$900
Oct 2005012358.3413.80$1,697
Sep 200508561.4512.08$1,027
Aug 2005010161.519.80$989
Jul 200501355.697.84$102
Jun 200501952.337.38$140
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 200506150.377.15$436
Feb 20050545.226.31$32
Jan 200505743.166.32$360
Dec 20040939.866.75$61
Nov 2004015445.286.33$975
Oct 200406149.706.52$397
Sep 200404643.245.28$243
Aug 200404142.375.55$228
Jul 20040938.286.08$55
Jun 200407336.106.43$470
May 2004012837.486.49$831
Apr 2004016734.475.86$978
Mar 2004013734.365.53$758
Feb 2004016332.455.51$898
Jan 2004013332.036.30$838
Dec 200308730.266.30$548
Nov 200307828.804.60$358
Oct 2003018528.174.76$881
Sep 200305626.314.75$266
Aug 2003014229.765.13$728
Jul 2003017929.415.17$926
Jun 2003016328.565.98$975
May 2003015926.595.97$950
Apr 2003018126.675.41$979
Mar 2003015131.146.10$921
Feb 2003018733.487.93$1,482
Jan 200308030.315.58$447
Dec 2002014626.914.85$709
Nov 200205524.664.14$228
Oct 2002028626.464.23$1,210
Sep 2002012527.443.64$454
Aug 2002012725.963.16$402
Jul 2002013424.583.06$410
Jun 2002015823.733.34$527
May 2002016624.663.58$595
Apr 2002011823.653.51$414
Mar 20020022.003.10$0
Feb 20020518.222.38$12
Jan 2002020717.172.38$492
Dec 200103016.932.36$71
Nov 200101918.072.41$46
Oct 2001018519.782.53$468
Sep 2001021124.262.25$475
Aug 2001023024.873.05$702
Jul 2001038323.933.20$1,224
Jun 2001040224.563.82$1,537
May 2001032225.524.31$1,387
Apr 2001040324.685.34$2,150
Mar 2001031724.545.38$1,704
Feb 2001031627.755.77$1,822
Jan 2001032927.478.40$2,763
Dec 2000033226.889.12$3,029
Nov 2000023432.215.66$1,324
Oct 2000039131.235.15$2,012
Sep 200004031.875.19$207
Aug 200005629.644.54$254
Jul 200008328.534.09$339
Jun 200009529.304.40$418
May 2000015127.263.68$556
Apr 2000013924.513.12$433
Mar 2000013128.422.86$375
Feb 2000014327.622.73$390
Jan 2000015525.272.48$384
Dec 1999010124.282.42$245
Nov 1999010423.192.43$253
Oct 1999013520.982.80$379
Sep 1999010621.752.62$278
Aug 199908519.262.88$244
Jul 1999023817.892.37$565
Jun 1999027215.942.36$642
May 1999032015.792.32$743
Apr 1999030215.102.21$667
Mar 1999023012.471.84$423
Feb 19990779.981.82$140
Jan 199909810.381.90$186
Dec 199802359.201.77$417
Nov 1998029710.892.19$649
Oct 1998024812.421.97$488
Sep 1998044812.592.08$933
Aug 1998044011.301.91$839
Jul 1998044011.742.24$984
Jun 1998032511.242.24$727
May 1998027612.622.21$609
Apr 1998047213.042.51$1,183
Mar 1998031412.802.31$725
Feb 1998035613.952.30$818
Jan 1998035014.702.15$754
Dec 1997020416.322.41$492
Nov 1997026318.193.09$812
Oct 1997030619.253.15$964
Sep 1997036117.742.95$1,067
Aug 1997035017.862.55$894
Jul 1997046717.582.25$1,049
Jun 1997043517.242.26$982
May 1997049018.972.31$1,131
Apr 1997044017.882.08$916
Mar 1997053118.951.94$1,030
Feb 1997039820.492.21$878
Jan 1997028623.483.54$1,012
Dec 1996036223.32$0
Nov 1996046421.97$0
Oct 1996047623.31$0
Sep 1996038622.22$0
Aug 1996049820.26$0
Jul 1996052819.55$0
Jun 1996038418.73$0
May 1996050719.43$0
Apr 1996052521.51$0
Mar 1996051019.38$0
Feb 1996048416.98$0
Jan 1996048917.07$0
Dec 1995028717.19$0
Nov 1995039516.00$0
Oct 1995057215.43$0
Sep 1995049316.18$0
Aug 1995048915.92$0
Jul 1995049915.24$0
Jun 1995041416.41$0
May 1995057717.56$0
Apr 1995043117.73$0
Mar 1995053216.44$0
Feb 1995037116.58$0
Jan 1995050615.92$0
Dec 1994058915.03$0
Nov 1994058715.90$0
Oct 1994063115.58$0
Sep 1994057715.29$0
Aug 1994052916.13$0
Jul 1994061617.56$0
Jun 1994063217.09$0
May 1994052215.88$0
Apr 1994045514.14$0
Mar 1994041412.46$0
Feb 1994033012.50$0
Jan 1994049812.66$0
Dec 1993038012.33$0
Nov 1993051514.49$0
Oct 1993061015.85$0
Sep 1993055015.03$0
Aug 1993066915.66$0
Jul 1993055015.46$0
Jun 1993056016.79$0
May 1993067117.68$0
Apr 1993061918.05$0
Mar 1993064018.14$0
Feb 19938156917.90$1,450
Jan 1993048016.93$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.

Oct 2014 — as filed, then multipliedworked
Condensate           104 bbl  × $ 78.30 =     $8,143
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $8,143

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. 09/G/128885 is the state's own key, not one this site invented.