KELLEY HEIRS

Operated by LAKOTA ENERGY, LTD. (P-5 483657) 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 283897District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Jan 2018 – May 2026
Value, last 12 filed months
$276 k
at the published price for each month
Months reported
101
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 Gas112018-07-27222641
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
CondensateDisposition11,207 bbl$681,294
GasProduction1,057,273 Mcf$3,558,754
Total$4,240,048

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 33.0825, -97.7445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08249, -97.74445 · 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
6,919 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 6,919 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-497379341H6,919 ftJan 2018

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 (101)

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

101 months

May 202606,782106.413.05$20,657
Apr 202606,33398.932.87$18,174
Mar 202607,08589.753.15$22,314
Feb 202604,62263.503.75$17,334
Jan 202605,27059.138.00$42,149
Dec 202506,32056.664.41$27,892
Nov 202505,69758.593.93$22,369
Oct 202506,02959.383.30$19,925
Sep 202506,46962.743.08$19,905
Aug 202506,85963.933.01$20,678
Jul 202506,92166.743.32$22,945
Jun 202506,85366.483.13$21,441
May 202505,29860.553.23$17,125
Apr 202506,27862.363.54$22,244
Mar 202506,56767.704.27$28,030
Feb 20252016,02970.884.34$40,418
Jan 202507,08974.324.28$30,332
Dec 202407,06568.993.12$22,052
Nov 202406,69469.052.20$14,716
Oct 20241857,08671.372.28$29,369
Sep 202406,77269.612.36$16,011
Aug 202407,28475.632.06$15,031
Jul 202407,73479.932.15$16,602
Jun 202408,10578.082.63$21,348
May 202406,37878.812.20$14,022
Apr 202406,93184.451.66$11,500
Mar 202408,87480.301.55$13,711
Feb 2024011,98076.091.78$21,368
Jan 20240073.023.30$0
Dec 202301,04971.262.61$2,739
Nov 202308,35777.892.81$23,463
Oct 202309,15385.443.09$28,258
Sep 202307,52589.042.74$20,581
Aug 202308,57180.522.67$22,909
Jul 202308,70774.852.64$23,002
Jun 20231778,38868.962.26$31,150
May 202308,37970.622.23$18,663
Apr 2023013,88978.122.24$31,080
Mar 2023013,73972.852.39$32,880
Feb 202308,99975.112.47$22,189
Jan 20231789,11976.533.39$44,515
Dec 202207,79576.415.73$44,658
Nov 202208,77785.005.65$49,557
Oct 202209,79987.185.86$57,459
Sep 202209,49484.888.16$77,506
Aug 202217610,10494.529.13$108,856
Jul 202209,279101.587.54$69,983
Jun 202207,662115.097.98$61,121
May 202209,053109.378.43$76,344
Apr 202208,914104.226.84$60,950
Mar 20221709,071108.885.08$64,558
Feb 2022011,02091.054.86$53,544
Jan 202206,67181.844.54$30,271
Dec 202106,39271.323.90$24,923
Nov 20211738,70277.435.24$58,966
Oct 202118110,14279.795.71$72,392
Sep 202109,97769.865.35$53,386
Aug 202109,06266.024.22$38,247
Jul 20211789,38470.783.98$49,967
Jun 202109,68569.493.38$32,741
May 202117110,53763.483.02$42,652
Apr 2021010,57960.362.76$29,181
Mar 202118511,84461.302.72$43,520
Feb 202118411,47357.805.55$74,287
Jan 20211798,67150.412.81$33,391
Dec 202009,01144.642.68$24,109
Nov 20203549,51838.772.71$39,486
Oct 202009,24636.972.48$22,916
Sep 2020010,22737.091.99$20,362
Aug 20201799,82239.982.39$30,583
Jul 20201809,98138.371.83$25,123
Jun 2020010,90334.901.69$18,429
May 2020015,94416.921.81$28,934
Apr 202001,83614.751.80$3,313
Mar 202004,34030.341.86$8,056
Feb 2020010,43149.881.98$20,660
Jan 202017911,42957.252.09$34,189
Dec 201918111,66359.012.30$37,557
Nov 2019011,57155.302.75$31,828
Oct 201936012,21853.472.42$48,799
Sep 201918211,96455.052.66$41,811
Aug 201917212,33453.112.30$37,557
Jul 2019012,59956.272.46$30,994
Jun 201918112,99752.782.49$41,931
May 2019014,24358.482.74$39,030
Apr 201936014,52262.632.75$62,492
Mar 201937615,87456.803.06$69,965
Feb 201919214,51550.852.79$50,292
Jan 201918816,66246.033.23$62,442
Dec 201836917,21946.594.19$89,261
Nov 201818817,34452.934.24$83,442
Oct 201837218,32261.443.40$85,115
Sep 201837218,11559.543.11$78,450
Aug 201837019,59859.403.07$82,076
Jul 201818520,62365.142.93$72,515
Jun 201855421,41060.183.08$99,217
May 201873324,12665.382.90$117,908
Apr 201856025,58863.842.90$109,976
Mar 20181,13630,03761.222.79$153,254
Feb 201857231,84861.782.77$123,434
Jan 201837417,82762.874.01$94,988

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             0 bbl  × $106.41 =         $0
Gas                6,782 Mcf  × $  3.05 =    $20,657

────────────────────────────────────────────────────
Month total                                  $20,657

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/283897 is the state's own key, not one this site invented.