KEETER RANCHES "2109"

Name: KEETER RANCHES "2109" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ASHTOLA EXPLORATION COMPANY,INC. (P-5 35060) in the ELBERT, N. (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24277District 7BField 28261500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.2 M

Jan 1993 – Feb 2010

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

206

no gaps in the span

Streams

oil, casinghead gas

The ELBERT, N. (MISS.) field

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 7 leases and 13 wells, and the rule below applies to all of them.

Discovered

1983-12-27

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1994-11-21.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “NOV. 21, 1994.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	87,611 bbl	$2,199,721
Casinghead gas	Production	13,412 Mcf	$22,887
Total			$2,222,608

6,720 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 33.2912, -98.9981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.29116, -98.99807 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,789 ft

1 wells filed one

Completion to plug

22.8 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 4,789 ft.

Completions filed

Mar 1987

1 of 1 wells

Plug dates filed

Dec 2009

1 of 1 wells

Last completion to plug: a median of 22.8 years across the 1 well that filed both dates, with the middle half between 22.8 years and 22.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-44734707	1	4,789 ft	Mar 1987	Dec 2009	Yes

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 (206)

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

206 months


Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	39	0	71.44	5.48	$2,786
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	94	0	32.81	4.63	$3,084
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	1	0	37.10	5.98	$37
Nov 2008	1	0	55.49	6.86	$55
Oct 2008	1	0	75.24	6.92	$75
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	6	0	131.08	11.39	$786
Jun 2008	17	0	131.33	13.03	$2,233
May 2008	4	0	123.17	11.57	$493
Apr 2008	2	0	110.31	10.45	$221
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	1	0	92.53	8.77	$93
Jan 2008	1	0	90.38	8.21	$90
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	2	15	91.67	7.29	$293
Oct 2007	183	0	82.85	6.92	$15,162
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	3	25	69.06	6.39	$367
Jul 2007	181	25	70.90	6.39	$12,993
Jun 2007	530	25	62.00	7.55	$33,049
May 2007	534	25	58.74	7.85	$31,563
Apr 2007	897	25	59.61	7.81	$53,665
Mar 2007	1,063	25	56.92	7.30	$60,689
Feb 2007	892	25	55.10	8.22	$49,355
Jan 2007	1,079	25	50.30	6.73	$54,442
Dec 2006	902	25	56.65	6.92	$51,271
Nov 2006	907	25	54.20	7.62	$49,350
Oct 2006	699	25	54.90	6.01	$38,525
Sep 2006	140	25	60.08	5.04	$8,537
Aug 2006	176	25	68.71	7.34	$12,276
Jul 2006	352	25	69.37	6.34	$24,577
Jun 2006	1,419	25	66.28	6.38	$94,211
May 2006	1,424	25	66.01	6.42	$94,159
Apr 2006	1,612	25	64.39	7.36	$103,981
Mar 2006	175	25	56.70	7.08	$10,100
Feb 2006	1	25	57.59	7.75	$251
Jan 2006	0	25	60.59	8.93	$223
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	4	25	58.34	13.80	$578
Sep 2005	15	25	61.45	12.08	$1,224
Aug 2005	196	25	61.51	9.80	$12,301
Jul 2005	357	25	55.69	7.84	$20,077
Jun 2005	2	25	52.33	7.38	$289
May 2005	188	25	45.22	6.65	$8,668
Apr 2005	185	25	49.20	7.36	$9,286
Mar 2005	185	25	50.37	7.15	$9,497
Feb 2005	197	25	45.22	6.31	$9,066
Jan 2005	191	25	43.16	6.32	$8,402
Dec 2004	347	25	39.86	6.75	$14,000
Nov 2004	361	25	45.28	6.33	$16,504
Oct 2004	367	25	49.70	6.52	$18,403
Sep 2004	359	0	43.24	5.28	$15,523
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	180	25	38.28	6.08	$7,043
Jun 2004	203	25	36.10	6.43	$7,489
May 2004	352	25	37.48	6.49	$13,355
Apr 2004	897	25	34.47	5.86	$31,066
Mar 2004	694	25	34.36	5.53	$23,984
Feb 2004	521	25	32.45	5.51	$17,044
Jan 2004	700	25	32.03	6.30	$22,578
Dec 2003	877	25	30.26	6.30	$26,696
Nov 2003	171	25	28.80	4.60	$5,040
Oct 2003	168	25	28.17	4.76	$4,852
Sep 2003	178	25	26.31	4.75	$4,802
Aug 2003	173	25	29.76	5.13	$5,277
Jul 2003	176	25	29.41	5.17	$5,305
Jun 2003	167	25	28.56	5.98	$4,919
May 2003	175	25	26.59	5.97	$4,803
Apr 2003	0	25	26.67	5.41	$135
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	178	30	26.91	4.85	$4,936
Nov 2002	0	30	24.66	4.14	$124
Oct 2002	0	30	26.46	4.23	$127
Sep 2002	0	30	27.44	3.64	$109
Aug 2002	0	30	25.96	3.16	$95
Jul 2002	0	30	24.58	3.06	$92
Jun 2002	0	30	23.73	3.34	$100
May 2002	174	30	24.66	3.58	$4,398
Apr 2002	0	30	23.65	3.51	$105
Mar 2002	0	30	22.00	3.10	$93
Feb 2002	0	30	18.22	2.38	$71
Jan 2002	0	30	17.17	2.38	$71
Dec 2001	179	30	16.93	2.36	$3,101
Nov 2001	0	30	18.07	2.41	$72
Oct 2001	0	30	19.78	2.53	$76
Sep 2001	0	30	24.26	2.25	$68
Aug 2001	0	30	24.87	3.05	$92
Jul 2001	0	30	23.93	3.20	$96
Jun 2001	0	30	24.56	3.82	$115
May 2001	179	30	25.52	4.31	$4,697
Apr 2001	0	30	24.68	5.34	$160
Mar 2001	0	30	24.54	5.38	$161
Feb 2001	0	30	27.75	5.77	$173
Jan 2001	0	30	27.47	8.40	$252
Dec 2000	178	30	26.88	9.12	$5,058
Nov 2000	0	30	32.21	5.66	$170
Oct 2000	0	30	31.23	5.15	$154
Sep 2000	0	30	31.87	5.19	$156
Aug 2000	173	30	29.64	4.54	$5,264
Jul 2000	0	30	28.53	4.09	$123
Jun 2000	0	30	29.30	4.40	$132
May 2000	172	30	27.26	3.68	$4,799
Apr 2000	0	30	24.51	3.12	$93
Mar 2000	0	30	28.42	2.86	$86
Feb 2000	0	30	27.62	2.73	$82
Jan 2000	169	30	25.27	2.48	$4,345
Dec 1999	0	8	24.28	2.42	$19
Nov 1999	178	8	23.19	2.43	$4,147
Oct 1999	176	8	20.98	2.80	$3,715
Sep 1999	0	8	21.75	2.62	$21
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	140	17.89	2.37	$332
Jun 1999	0	140	15.94	2.36	$331
May 1999	168	140	15.79	2.32	$2,978
Apr 1999	0	140	15.10	2.21	$309
Mar 1999	169	140	12.47	1.84	$2,365
Feb 1999	0	140	9.98	1.82	$254
Jan 1999	0	140	10.38	1.90	$266
Dec 1998	0	140	9.20	1.77	$248
Nov 1998	176	140	10.89	2.19	$2,223
Oct 1998	0	140	12.42	1.97	$276
Sep 1998	0	140	12.59	2.08	$292
Aug 1998	178	140	11.30	1.91	$2,278
Jul 1998	0	140	11.74	2.24	$313
Jun 1998	169	140	11.24	2.24	$2,213
May 1998	0	140	12.62	2.21	$309
Apr 1998	170	140	13.04	2.51	$2,568
Mar 1998	0	140	12.80	2.31	$323
Feb 1998	178	140	13.95	2.30	$2,805
Jan 1998	0	140	14.70	2.15	$302
Dec 1997	287	140	16.32	2.41	$5,021
Nov 1997	0	140	18.19	3.09	$432
Oct 1997	167	140	19.25	3.15	$3,656
Sep 1997	178	140	17.74	2.95	$3,571
Aug 1997	0	140	17.86	2.55	$358
Jul 1997	169	140	17.58	2.25	$3,286
Jun 1997	175	140	17.24	2.26	$3,333
May 1997	347	140	18.97	2.31	$6,906
Apr 1997	360	140	17.88	2.08	$6,728
Mar 1997	364	140	18.95	1.94	$7,169
Feb 1997	724	140	20.49	2.21	$15,144
Jan 1997	1,246	140	23.48	3.54	$29,752
Dec 1996	995	140	23.32	—	$23,203
Nov 1996	0	140	21.97	—	$0
Oct 1996	179	140	23.31	—	$4,172
Sep 1996	0	140	22.22	—	$0
Aug 1996	171	140	20.26	—	$3,464
Jul 1996	357	140	19.55	—	$6,979
Jun 1996	359	140	18.73	—	$6,724
May 1996	358	140	19.43	—	$6,956
Apr 1996	546	140	21.51	—	$11,744
Mar 1996	730	140	19.38	—	$14,147
Feb 1996	732	140	16.98	—	$12,429
Jan 1996	1,039	140	17.07	—	$17,736
Dec 1995	1,027	140	17.19	—	$17,654
Nov 1995	352	140	16.00	—	$5,632
Oct 1995	174	140	15.43	—	$2,685
Sep 1995	165	140	16.18	—	$2,670
Aug 1995	160	140	15.92	—	$2,547
Jul 1995	358	140	15.24	—	$5,456
Jun 1995	178	140	16.41	—	$2,921
May 1995	178	140	17.56	—	$3,126
Apr 1995	182	140	17.73	—	$3,227
Mar 1995	536	140	16.44	—	$8,812
Feb 1995	730	140	16.58	—	$12,103
Jan 1995	1,283	140	15.92	—	$20,425
Dec 1994	2,180	140	15.03	—	$32,765
Nov 1994	2,352	140	15.90	—	$37,397
Oct 1994	2,346	140	15.58	—	$36,551
Sep 1994	2,154	140	15.29	—	$32,935
Aug 1994	2,302	140	16.13	—	$37,131
Jul 1994	2,316	140	17.56	—	$40,669
Jun 1994	2,167	140	17.09	—	$37,034
May 1994	2,330	140	15.88	—	$37,000
Apr 1994	2,330	140	14.14	—	$32,946
Mar 1994	2,159	140	12.46	—	$26,901
Feb 1994	2,168	140	12.50	—	$27,100
Jan 1994	2,507	140	12.66	—	$31,739
Dec 1993	2,325	140	12.33	—	$28,667
Nov 1993	2,368	140	14.49	—	$34,312
Oct 1993	2,215	140	15.85	—	$35,108
Sep 1993	2,125	140	15.03	—	$31,939
Aug 1993	1,923	140	15.66	—	$30,114
Jul 1993	1,562	140	15.46	—	$24,149
Jun 1993	1,233	140	16.79	—	$20,702
May 1993	1,253	140	17.68	—	$22,153
Apr 1993	1,427	140	18.05	—	$25,757
Mar 1993	1,262	140	18.14	—	$22,893
Feb 1993	1,266	140	17.90	—	$22,661
Jan 1993	1,647	140	16.93	—	$27,884

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.

Dec 2009 — as filed, then multipliedworked

Oil                   39 bbl  × $ 71.44 =     $2,786
Casinghead gas         0 Mcf  × $  5.48 =         $0

────────────────────────────────────────────────────
Month total                                   $2,786

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. 7B/O/24277 is the state's own key, not one this site invented.