KEETON

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204055District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Aug 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
262
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
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 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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 Gas112005-01-27159512
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
CondensateDisposition3,542 bbl$188,040
GasProduction414,176 Mcf$2,818,754
Total$3,006,794

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 35.6802, -100.3164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.68022, -100.31638 · 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
11,790 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 11,790 ft.

Completions filed
Aug 2004
1 of 1 wells

1 well

42-211329995615P11,790 ftAug 2004

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 (262)

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

262 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202388085.443.09$7,519
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201605641.442.92$164
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015018556.152.88$533
May 2015019055.212.96$562
Apr 2015021249.822.71$574
Mar 2015029142.892.93$854
Feb 2015060344.662.98$1,795
Jan 2015022043.433.10$682
Dec 2014024454.693.59$876
Nov 2014021970.464.25$931
Oct 2014018678.303.90$726
Sep 2014023586.164.05$951
Aug 2014026389.394.04$1,061
Jul 2014022996.564.18$957
Jun 2014019698.164.74$928
May 2014022494.734.73$1,059
Apr 2014028195.944.81$1,351
Mar 2014020995.895.06$1,057
Feb 2014021097.406.19$1,300
Jan 2014021190.404.86$1,026
Dec 2013021491.824.35$932
Nov 2013021088.853.74$785
Oct 2013028697.423.78$1,081
Sep 20130276104.113.72$1,026
Aug 20130317104.253.52$1,117
Jul 20130257102.523.72$955
Jun 2013028894.403.93$1,133
May 2013023594.834.15$975
Apr 2013022393.964.28$955
Mar 2013027993.623.91$1,092
Feb 2013021491.233.42$732
Jan 2013028091.603.42$958
Dec 2012126286.773.42$983
Nov 2012024786.953.62$895
Oct 2012123789.383.40$895
Sep 20124224694.672.92$4,694
Aug 2012127292.662.91$884
Jul 2012529085.133.02$1,302
Jun 2012328779.822.52$962
May 2012236691.612.49$1,094
Apr 201201101.652.00$2
Mar 20121252105.052.22$665
Feb 20120333101.102.57$856
Jan 2012025198.092.73$686
Dec 2011025496.873.24$823
Nov 2011019095.723.31$629
Oct 2011023384.983.65$850
Sep 2011020683.623.99$821
Aug 2011021183.404.15$876
Jul 2011023094.144.52$1,039
Jun 2011019292.904.64$891
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 201008073.684.42$354
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010775471.124.24$5,705
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 200904865.543.06$147
Aug 20090067.423.22$0
Jul 200904361.133.46$149
Jun 200903966.163.90$152
May 200903754.743.93$145
Apr 200908446.773.59$301
Mar 200904642.144.06$187
Feb 200903732.814.63$171
Jan 200904135.865.37$220
Dec 200804737.105.98$281
Nov 200804355.496.86$295
Oct 200804375.246.92$298
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 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007096791.677.29$7,051
Oct 200703,21482.856.92$22,247
Sep 200703,46375.846.24$21,624
Aug 200704,14269.066.39$26,459
Jul 20071714,26770.906.39$39,381
Jun 200704,15362.007.55$31,349
May 200704,50458.747.85$35,340
Apr 200704,34059.617.81$33,875
Mar 200704,76556.927.30$34,794
Feb 200704,03155.108.22$33,119
Jan 200704,76950.306.73$32,080
Dec 20061675,09656.656.92$44,717
Nov 200605,19454.207.62$39,565
Oct 200605,82354.906.01$35,018
Sep 200626,21660.085.04$31,431
Aug 200627,01368.717.34$51,612
Jul 20061864,62969.376.34$42,263
Jun 200607,37066.286.38$47,049
May 200607,47866.016.42$48,046
Apr 20061857,24464.397.36$65,231
Mar 200607,74156.707.08$54,829
Feb 200606,92557.597.75$53,677
Jan 200607,44660.598.93$66,518
Dec 20051815,02654.9413.42$77,370
Nov 200501,47354.6910.59$15,597
Oct 200505,09758.3413.80$70,317
Sep 20051808,68461.4512.08$115,955
Aug 200509,35761.519.80$91,669
Jul 2005010,02555.697.84$78,632
Jun 200518710,27552.337.38$85,626
May 2005011,13945.226.65$74,087
Apr 2005011,63449.207.36$85,632
Mar 200518713,08050.377.15$103,005
Feb 200518412,69845.226.31$88,469
Jan 200537015,35943.166.32$113,072
Dec 200418918,40239.866.75$131,767
Nov 2004630,21945.286.33$191,571
Oct 200437930,18649.706.52$215,501
Sep 200455552,79043.245.28$302,935
Aug 200419035,19742.375.55$203,417

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 2023 — as filed, then multipliedworked
Condensate            88 bbl  × $ 85.44 =     $7,519
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $7,519

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. 10/G/204055 is the state's own key, not one this site invented.