KEETON

Operated by MUIRFIELD EXPLORATION, LTD. (P-5 593025) in the KEETON (BENNETT SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34098District 09Field 48481100OilSave
Value, all time
$26.2 M
Feb 2022 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
52
no gaps in the span
Streams
1
oil

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
OilDisposition334,391 bbl$26,155,628
Total$26,155,628

Wells on this lease (28)

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 34.0075, -98.1836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

34.00740, -98.18368 · 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
3.6%
1 of 28 wells
With a plug date
3.6%
1 of 28 wells
Median depth
1,982 ft
28 wells filed one
Completion to plug
10 months
median over 1 wells

What the state filed about each well

On the RRC proration schedule
13.6%
A plug date is filed
13.6%
BothOn the schedule and plugged. Neither fact cancels the other.
13.6%
NeitherNo plug date, and not on the schedule.
2796.4%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 28 of 28 wells. Median 1,982 ft, with the middle half between 1,968 and 1,997 ft; the shallowest is 1,840 ft and the deepest 2,768 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

20s

Last completion by decade, 28 of 28 wells, Feb 2022 – May 2026. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 2022 – May 2026
28 of 28 wells
Plug dates filed
Oct 2024
1 of 28 wells; 27 filed none

Last completion to plug: a median of 10 months across the 1 well that filed both dates, with the middle half between 10 months and 10 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

28 wells

42-07735420371,925 ftMay 2026
42-07735419361,969 ftFeb 2026
42-07735334101,997 ftJan 2026
42-07735409341,936 ftAug 2025
42-07735407332,000 ftAug 2025
42-07735337131,964 ftAug 2025
42-07735400321,998 ftJul 2025
42-07735340151,980 ftJul 2025
42-0773532761,955 ftDec 2024
42-07735366312,000 ftDec 2023Oct 2024Yes
42-07735364301,998 ftOct 2023
42-07735360291,996 ftSep 2023
42-07735353271,995 ftJul 2023
42-07735343231,981 ftJun 2023
42-07735344191,980 ftMay 2023
42-07735349251,894 ftMay 2023
42-07735346201,995 ftMay 2023
42-0773533391,965 ftApr 2023
42-07735347161,999 ftMar 2023
42-07735342171,979 ftMar 2023
42-0773533281,996 ftMar 2023
42-07735341181,840 ftJan 2023
42-07735335111,981 ftJan 2023
42-07735338141,982 ftJan 2023
42-07735336121,980 ftDec 2022
42-0773532121,996 ftMay 2022
42-0773532451,998 ftApr 2022
42-0773531612,768 ftFeb 2022

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 (52)

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

52 months

May 20263,798106.413.05$404,145
Apr 20263,62998.932.87$359,017
Mar 20263,45189.753.15$309,727
Feb 20262,91063.503.75$184,785
Jan 20263,85659.138.00$228,005
Dec 20254,17556.664.41$236,556
Nov 20253,81758.593.93$223,638
Oct 20254,88659.383.30$290,131
Sep 20253,97062.743.08$249,078
Aug 20254,15663.933.01$265,693
Jul 20254,31366.743.32$287,850
Jun 20254,13466.483.13$274,828
May 20254,35360.553.23$263,574
Apr 20255,10662.363.54$318,410
Mar 20254,91467.704.27$332,678
Feb 20254,74570.884.34$336,326
Jan 20255,69474.324.28$423,178
Dec 20244,57968.993.12$315,905
Nov 20244,91669.052.20$339,450
Oct 20245,42971.372.28$387,468
Sep 20245,42069.612.36$377,286
Aug 20245,51675.632.06$417,175
Jul 20246,07779.932.15$485,735
Jun 20246,73078.082.63$525,478
May 20247,54678.812.20$594,700
Apr 20247,60584.451.66$642,242
Mar 20248,06880.301.55$647,860
Feb 20249,52376.091.78$724,605
Jan 20247,52773.023.30$549,622
Dec 20238,30271.262.61$591,601
Nov 20238,76577.892.81$682,706
Oct 202310,06485.443.09$859,868
Sep 202310,79589.042.74$961,187
Aug 20239,04780.522.67$728,464
Jul 20239,06574.852.64$678,515
Jun 20239,74268.962.26$671,808
May 202311,65770.622.23$823,217
Apr 202313,57678.122.24$1,060,557
Mar 202311,57572.852.39$843,239
Feb 202312,42975.112.47$933,542
Jan 202312,13076.533.39$928,309
Dec 20226,58476.415.73$503,083
Nov 20226,27785.005.65$533,545
Oct 20226,72187.185.86$585,937
Sep 20224,84184.888.16$410,904
Aug 20227,27494.529.13$687,538
Jul 20227,899101.587.54$802,380
Jun 20227,475115.097.98$860,298
May 20227,261109.378.43$794,136
Apr 20221,207104.226.84$125,794
Mar 2022862108.885.08$93,855
Feb 2022091.054.86$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.

May 2026 — as filed, then multipliedworked
Oil                3,798 bbl  × $106.41 =   $404,145

────────────────────────────────────────────────────
Month total                                 $404,145

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/O/34098 is the state's own key, not one this site invented.