KEITH UNIT

Operated by EOG RESOURCES, INC. (P-5 253162) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278930District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Sep 2013 – May 2026
Value, last 12 filed months
$229 k
at the published price for each month
Months reported
153
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112017-03-27220184
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition22,873 bbl$1,694,702
GasProduction1,438,333 Mcf$4,844,737
Total$6,539,439

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 33.6536, -97.5465. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.65364, -97.54650 · 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
8,219 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 8,219 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-337343742H8,219 ftSep 2013

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 (153)

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

153 months

May 202634,995106.413.05$15,533
Apr 20261864,88598.932.87$32,420
Mar 202644,64589.753.15$14,988
Feb 202683,64863.503.75$14,189
Jan 20261864,30259.138.00$45,405
Dec 202511,14956.664.41$5,128
Nov 20251752,98558.593.93$21,974
Oct 202523,60759.383.30$12,039
Sep 202515,78262.743.08$17,853
Aug 202574,78063.933.01$14,858
Jul 20251722,83966.743.32$20,891
Jun 202524,26166.483.13$13,464
May 202513,64060.553.23$11,826
Apr 20251512,78762.363.54$19,291
Mar 202516,37667.704.27$27,283
Feb 20251646,26470.884.34$38,815
Jan 202517,14374.324.28$30,637
Dec 20241757,00868.993.12$33,948
Nov 202416,85569.052.20$15,139
Oct 20241537,14371.372.28$27,216
Sep 202416,89869.612.36$16,379
Aug 202417,37975.632.06$15,303
Jul 20241607,13679.932.15$28,107
Jun 202426,83378.082.63$18,154
May 20241607,10178.812.20$28,221
Apr 202407,08084.451.66$11,747
Mar 20241587,51080.301.55$24,291
Feb 20241796,84276.091.78$25,824
Jan 202437,37573.023.30$24,539
Dec 20231777,47971.262.61$32,139
Nov 202316,72777.892.81$18,964
Oct 202318,21985.443.09$25,460
Sep 20231668,43989.042.74$37,862
Aug 202336,91180.522.67$18,714
Jul 20231656,81474.852.64$30,351
Jun 202336,16668.962.26$14,133
May 20231726,11570.622.23$25,767
Apr 202335,22078.122.24$11,915
Mar 202345,04172.852.39$12,355
Feb 20231653,98375.112.47$22,214
Jan 202324,61276.533.39$15,777
Dec 202233,74076.415.73$21,656
Nov 20221685,33985.005.65$44,425
Oct 202238,20887.185.86$48,391
Sep 20221698,68184.888.16$85,214
Aug 202256,59694.529.13$60,675
Jul 202211,776101.587.54$13,496
Jun 20221497,126115.097.98$73,994
May 202229,045109.378.43$76,496
Apr 20221699,171104.226.84$80,321
Mar 20221737,135108.885.08$55,056
Feb 202204,04291.054.86$19,639
Jan 2022210,09981.844.54$45,990
Dec 20211639,06771.323.90$46,978
Nov 202109,18277.435.24$48,085
Oct 20211689,50479.795.71$67,709
Sep 202115,67569.865.35$30,436
Aug 202113,70966.024.22$15,720
Jul 20211617,73870.783.98$42,209
Jun 202128,58369.493.38$29,155
May 20211548,87163.483.02$36,546
Apr 202118,62660.362.76$23,854
Mar 20211669,23561.302.72$35,267
Feb 202106,47657.805.55$35,929
Jan 20211639,11650.412.81$33,835
Dec 202008,95044.642.68$23,945
Nov 20203238,20438.772.71$34,727
Oct 20203108,52136.972.48$32,579
Sep 202018,41237.091.99$16,786
Aug 202008,08339.982.39$19,279
Jul 202009,06638.371.83$16,547
Jun 202019,02634.901.69$15,292
May 202009,50016.921.81$17,240
Apr 20201649,24514.751.80$19,100
Mar 202019,48730.341.86$17,640
Feb 20201598,69249.881.98$25,147
Jan 202039,50557.252.09$20,082
Dec 2019839,40859.012.30$26,577
Nov 20191509,08555.302.75$33,285
Oct 201909,59253.472.42$23,199
Sep 2019459,35955.052.66$27,347
Aug 20191559,87653.112.30$30,990
Jul 20191579,95756.272.46$33,329
Jun 201909,83052.782.49$24,489
May 201916510,16058.482.74$37,491
Apr 20191689,78162.632.75$37,426
Mar 201909,75756.803.06$29,877
Feb 20191649,49450.852.79$34,849
Jan 201916210,62446.033.23$41,753
Dec 2018311,11246.594.19$46,648
Nov 201815910,50152.934.24$52,911
Oct 201817010,47861.443.40$46,050
Sep 2018011,33759.543.11$35,235
Aug 20181769,40959.403.07$39,308
Jul 201828,58265.142.93$25,292
Jun 201818311,06860.183.08$45,068
May 20181858,36665.382.90$36,363
Apr 2018110,58463.842.90$30,766
Mar 201816611,02361.222.79$40,882
Feb 20181739,70561.782.77$37,533
Jan 2018111,42762.874.01$45,877
Dec 201717512,84357.272.92$47,543
Nov 201726,71455.423.12$21,048
Oct 20171768,95949.292.98$35,406
Sep 201724,53247.523.09$14,087
Aug 201717111,27645.373.00$41,636
Jul 201729,47243.873.09$29,330
Jun 20171708,93242.493.09$34,799
May 20171738,70145.373.26$36,244
Apr 2017210,22547.933.21$32,934
Mar 201717611,38246.772.98$42,192
Feb 20171739,96750.452.95$38,156
Jan 201749,47749.413.42$32,598
Dec 201625710,82748.763.72$52,838
Nov 201617310,00742.492.64$33,813
Oct 2016110,59146.193.09$32,775
Sep 201617111,11441.553.10$41,565
Aug 201617311,51941.442.92$40,855
Jul 201617011,59641.622.92$40,986
Jun 201617311,91645.352.69$39,850
May 2016012,00942.521.99$23,910
Apr 201618413,61636.561.99$33,837
Mar 201618414,30333.011.79$31,734
Feb 2016313,19626.472.06$27,311
Jan 201617914,46627.352.36$39,098
Dec 201518314,90732.362.00$35,757
Nov 201518314,85938.792.17$39,303
Oct 2015215,33443.552.43$37,296
Sep 201517415,01942.992.76$48,909
Aug 201517314,56340.162.87$48,780
Jul 2015216,13648.152.95$47,618
Jun 201517815,06856.152.88$53,434
May 201517615,76355.212.96$56,304
Apr 201517215,32149.822.71$50,036
Mar 201517315,65042.892.93$53,348
Feb 2015013,95144.662.98$41,521
Jan 201518216,41443.433.10$58,798
Dec 201434616,90754.693.59$79,642
Nov 201417116,24370.464.25$81,111
Oct 201417816,85378.303.90$79,680
Sep 201433515,68286.164.05$92,304
Aug 201417017,69289.394.04$86,586
Jul 201434318,17596.564.18$109,084
Jun 201434919,22298.164.74$125,310
May 201453322,49494.734.73$156,810
Apr 201436123,17795.944.81$146,095
Mar 201489623,86195.895.06$206,578
Feb 20141,10322,38797.406.19$246,053
Jan 20147417,40690.404.86$102,985
Dec 20135395,71691.824.35$74,381
Nov 20138995,14388.853.74$99,102
Oct 20131,8145,88897.423.78$198,973
Sep 20131,4291,942104.113.72$155,993

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
Condensate             3 bbl  × $106.41 =       $319
Gas                4,995 Mcf  × $  3.05 =    $15,214

────────────────────────────────────────────────────
Month total                                  $15,533

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/278930 is the state's own key, not one this site invented.