KELLY, R.J. ESTATE "K"

Name: KELLY, R.J. ESTATE "K" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DELTA OIL & GAS LTD. (P-5 213703) in the STEPHENS COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24288District 7BField 85948001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$184 k

Jan 1993 – Feb 2017

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

290

no gaps in the span

Streams

oil, casinghead gas

The STEPHENS COUNTY REGULAR 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 1,255 leases and 4,008 wells, and the rule below applies to all of them.

Discovered

1916-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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: “CLASS 4 W/DAILY 150 = 6000 TO 8000'”

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	2,782 bbl	$100,947
Casinghead gas	Production	31,461 Mcf	$83,221
Total			$184,168

10,006 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 32.7311, -98.5834. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.73113, -98.58344 · 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

4,440 ft

1 wells filed one

Completion to plug

28.6 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 4,440 ft.

Completions filed

Mar 1987

1 of 1 wells

Plug dates filed

Oct 2015

1 of 1 wells

Last completion to plug: a median of 28.6 years across the 1 well that filed both dates, with the middle half between 28.6 years and 28.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42934755	1	4,440 ft	Mar 1987	Oct 2015	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 (290)

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

290 months


Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	108	0	46.19	3.09	$4,989
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	10	40.16	2.87	$29
Jul 2015	0	10	48.15	2.95	$29
Jun 2015	0	10	56.15	2.88	$29
May 2015	0	10	55.21	2.96	$30
Apr 2015	0	10	49.82	2.71	$27
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	10	44.66	2.98	$30
Jan 2015	0	10	43.43	3.10	$31
Dec 2014	0	10	54.69	3.59	$36
Nov 2014	0	10	70.46	4.25	$43
Oct 2014	0	10	78.30	3.90	$39
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	10	89.39	4.04	$40
Jul 2014	0	10	96.56	4.18	$42
Jun 2014	0	10	98.16	4.74	$47
May 2014	0	10	94.73	4.73	$47
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	10	97.40	6.19	$62
Jan 2014	0	10	90.40	4.86	$49
Dec 2013	0	4	91.82	4.35	$17
Nov 2013	0	6	88.85	3.74	$22
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	3	104.11	3.72	$11
Aug 2013	0	8	104.25	3.52	$28
Jul 2013	0	25	102.52	3.72	$93
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	33	94.83	4.15	$137
Apr 2013	0	3	93.96	4.28	$13
Mar 2013	0	33	93.62	3.91	$129
Feb 2013	0	16	91.23	3.42	$55
Jan 2013	0	15	91.60	3.42	$51
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	10	89.38	3.40	$34
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	173	0	91.61	2.49	$15,849
Apr 2012	0	10	101.65	2.00	$20
Mar 2012	0	10	105.05	2.22	$22
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	10	96.87	3.24	$32
Nov 2011	0	10	95.72	3.31	$33
Oct 2011	0	10	84.98	3.65	$36
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	10	94.14	4.52	$45
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	10	98.13	4.40	$44
Apr 2011	0	10	105.96	4.33	$43
Mar 2011	0	7	96.36	4.06	$28
Feb 2011	0	7	85.64	4.18	$29
Jan 2011	0	75	86.50	4.59	$344
Dec 2010	0	92	85.73	4.35	$400
Nov 2010	0	10	80.84	3.80	$38
Oct 2010	0	6	78.10	3.51	$21
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	171	0	73.68	4.42	$12,599
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	18	70.36	4.91	$88
May 2010	0	6	71.12	4.24	$25
Apr 2010	0	2	81.69	4.12	$8
Mar 2010	0	22	78.39	4.39	$97
Feb 2010	0	21	73.58	5.44	$114
Jan 2010	0	20	74.36	5.96	$119
Dec 2009	0	20	71.44	5.48	$110
Nov 2009	0	2,000	74.59	3.75	$7,503
Oct 2009	0	10	72.54	4.11	$41
Sep 2009	0	19	65.54	3.06	$58
Aug 2009	0	20	67.42	3.22	$64
Jul 2009	0	20	61.13	3.46	$69
Jun 2009	0	18	66.16	3.90	$70
May 2009	0	23	54.74	3.93	$90
Apr 2009	0	22	46.77	3.59	$79
Mar 2009	0	20	42.14	4.06	$81
Feb 2009	0	20	32.81	4.63	$93
Jan 2009	173	18	35.86	5.37	$6,300
Dec 2008	0	17	37.10	5.98	$102
Nov 2008	0	18	55.49	6.86	$123
Oct 2008	0	19	75.24	6.92	$132
Sep 2008	0	18	101.76	7.88	$142
Aug 2008	0	17	114.22	8.48	$144
Jul 2008	0	15	131.08	11.39	$171
Jun 2008	0	14	131.33	13.03	$182
May 2008	0	12	123.17	11.57	$139
Apr 2008	0	14	110.31	10.45	$146
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	4	90.38	8.21	$33
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	167	0	70.90	6.39	$11,840
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	12	58.74	7.85	$94
Apr 2007	0	7	59.61	7.81	$55
Mar 2007	0	16	56.92	7.30	$117
Feb 2007	0	13	55.10	8.22	$107
Jan 2007	0	22	50.30	6.73	$148
Dec 2006	0	21	56.65	6.92	$145
Nov 2006	0	40	54.20	7.62	$305
Oct 2006	0	22	54.90	6.01	$132
Sep 2006	0	28	60.08	5.04	$141
Aug 2006	0	6	68.71	7.34	$44
Jul 2006	0	18	69.37	6.34	$114
Jun 2006	0	20	66.28	6.38	$128
May 2006	0	20	66.01	6.42	$129
Apr 2006	0	21	64.39	7.36	$155
Mar 2006	0	18	56.70	7.08	$127
Feb 2006	168	16	57.59	7.75	$9,799
Jan 2006	0	28	60.59	8.93	$250
Dec 2005	0	22	54.94	13.42	$295
Nov 2005	0	3	54.69	10.59	$32
Oct 2005	0	5	58.34	13.80	$69
Sep 2005	0	12	61.45	12.08	$145
Aug 2005	0	33	61.51	9.80	$323
Jul 2005	0	15	55.69	7.84	$118
Jun 2005	0	16	52.33	7.38	$118
May 2005	0	5	45.22	6.65	$33
Apr 2005	0	29	49.20	7.36	$213
Mar 2005	0	23	50.37	7.15	$165
Feb 2005	0	39	45.22	6.31	$246
Jan 2005	0	4	43.16	6.32	$25
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	151	21	49.70	6.52	$7,642
Sep 2004	0	79	43.24	5.28	$417
Aug 2004	0	161	42.37	5.55	$894
Jul 2004	0	181	38.28	6.08	$1,101
Jun 2004	0	229	36.10	6.43	$1,473
May 2004	0	237	37.48	6.49	$1,539
Apr 2004	0	125	34.47	5.86	$732
Mar 2004	0	23	34.36	5.53	$127
Feb 2004	0	81	32.45	5.51	$446
Jan 2004	0	102	32.03	6.30	$643
Dec 2003	0	111	30.26	6.30	$699
Nov 2003	0	69	28.80	4.60	$317
Oct 2003	0	131	28.17	4.76	$624
Sep 2003	0	131	26.31	4.75	$622
Aug 2003	160	0	29.76	5.13	$4,762
Jul 2003	0	169	29.41	5.17	$874
Jun 2003	0	198	28.56	5.98	$1,185
May 2003	0	201	26.59	5.97	$1,201
Apr 2003	0	233	26.67	5.41	$1,260
Mar 2003	0	255	31.14	6.10	$1,554
Feb 2003	0	173	33.48	7.93	$1,371
Jan 2003	0	261	30.31	5.58	$1,457
Dec 2002	0	229	26.91	4.85	$1,112
Nov 2002	0	164	24.66	4.14	$678
Oct 2002	0	186	26.46	4.23	$787
Sep 2002	0	208	27.44	3.64	$756
Aug 2002	0	239	25.96	3.16	$756
Jul 2002	0	232	24.58	3.06	$710
Jun 2002	0	215	23.73	3.34	$718
May 2002	166	213	24.66	3.58	$4,857
Apr 2002	0	223	23.65	3.51	$783
Mar 2002	0	208	22.00	3.10	$645
Feb 2002	0	191	18.22	2.38	$454
Jan 2002	0	254	17.17	2.38	$603
Dec 2001	0	231	16.93	2.36	$546
Nov 2001	0	179	18.07	2.41	$431
Oct 2001	0	189	19.78	2.53	$478
Sep 2001	0	212	24.26	2.25	$477
Aug 2001	0	98	24.87	3.05	$299
Jul 2001	0	138	23.93	3.20	$441
Jun 2001	0	132	24.56	3.82	$505
May 2001	0	221	25.52	4.31	$952
Apr 2001	0	187	24.68	5.34	$998
Mar 2001	166	202	24.54	5.38	$5,160
Feb 2001	0	239	27.75	5.77	$1,378
Jan 2001	0	262	27.47	8.40	$2,200
Dec 2000	0	268	26.88	9.12	$2,445
Nov 2000	0	221	32.21	5.66	$1,250
Oct 2000	0	252	31.23	5.15	$1,297
Sep 2000	0	254	31.87	5.19	$1,317
Aug 2000	0	250	29.64	4.54	$1,135
Jul 2000	0	255	28.53	4.09	$1,043
Jun 2000	0	219	29.30	4.40	$963
May 2000	0	256	27.26	3.68	$942
Apr 2000	0	216	24.51	3.12	$673
Mar 2000	0	200	28.42	2.86	$572
Feb 2000	0	169	27.62	2.73	$461
Jan 2000	0	205	25.27	2.48	$509
Dec 1999	0	261	24.28	2.42	$633
Nov 1999	0	209	23.19	2.43	$509
Oct 1999	0	217	20.98	2.80	$608
Sep 1999	0	186	21.75	2.62	$487
Aug 1999	0	246	19.26	2.88	$707
Jul 1999	0	258	17.89	2.37	$612
Jun 1999	0	247	15.94	2.36	$583
May 1999	0	265	15.79	2.32	$615
Apr 1999	184	178	15.10	2.21	$3,171
Mar 1999	0	187	12.47	1.84	$344
Feb 1999	0	205	9.98	1.82	$373
Jan 1999	0	185	10.38	1.90	$351
Dec 1998	0	148	9.20	1.77	$262
Nov 1998	0	273	10.89	2.19	$597
Oct 1998	0	287	12.42	1.97	$565
Sep 1998	0	168	12.59	2.08	$350
Aug 1998	0	53	11.30	1.91	$101
Jul 1998	0	129	11.74	2.24	$289
Jun 1998	0	111	11.24	2.24	$248
May 1998	0	225	12.62	2.21	$496
Apr 1998	0	169	13.04	2.51	$423
Mar 1998	0	259	12.80	2.31	$598
Feb 1998	0	219	13.95	2.30	$504
Jan 1998	0	236	14.70	2.15	$509
Dec 1997	0	248	16.32	2.41	$598
Nov 1997	0	168	18.19	3.09	$519
Oct 1997	0	210	19.25	3.15	$661
Sep 1997	0	182	17.74	2.95	$538
Aug 1997	0	205	17.86	2.55	$524
Jul 1997	0	258	17.58	2.25	$580
Jun 1997	0	153	17.24	2.26	$345
May 1997	0	194	18.97	2.31	$448
Apr 1997	0	141	17.88	2.08	$294
Mar 1997	0	79	18.95	1.94	$153
Feb 1997	0	130	20.49	2.21	$287
Jan 1997	0	204	23.48	3.54	$722
Dec 1996	0	213	23.32	—	$0
Nov 1996	0	218	21.97	—	$0
Oct 1996	0	224	23.31	—	$0
Sep 1996	176	147	22.22	—	$3,911
Aug 1996	0	175	20.26	—	$0
Jul 1996	0	190	19.55	—	$0
Jun 1996	0	187	18.73	—	$0
May 1996	0	213	19.43	—	$0
Apr 1996	0	109	21.51	—	$0
Mar 1996	0	172	19.38	—	$0
Feb 1996	0	155	16.98	—	$0
Jan 1996	0	168	17.07	—	$0
Dec 1995	0	168	17.19	—	$0
Nov 1995	0	177	16.00	—	$0
Oct 1995	0	183	15.43	—	$0
Sep 1995	0	186	16.18	—	$0
Aug 1995	0	246	15.92	—	$0
Jul 1995	146	183	15.24	—	$2,225
Jun 1995	0	182	16.41	—	$0
May 1995	0	170	17.56	—	$0
Apr 1995	0	172	17.73	—	$0
Mar 1995	0	207	16.44	—	$0
Feb 1995	0	166	16.58	—	$0
Jan 1995	0	203	15.92	—	$0
Dec 1994	0	224	15.03	—	$0
Nov 1994	165	230	15.90	—	$2,624
Oct 1994	0	183	15.58	—	$0
Sep 1994	0	195	15.29	—	$0
Aug 1994	0	203	16.13	—	$0
Jul 1994	0	247	17.56	—	$0
Jun 1994	0	229	17.09	—	$0
May 1994	0	221	15.88	—	$0
Apr 1994	174	220	14.14	—	$2,460
Mar 1994	0	230	12.46	—	$0
Feb 1994	0	214	12.50	—	$0
Jan 1994	0	229	12.66	—	$0
Dec 1993	0	236	12.33	—	$0
Nov 1993	171	237	14.49	—	$2,478
Oct 1993	0	277	15.85	—	$0
Sep 1993	0	254	15.03	—	$0
Aug 1993	0	179	15.66	—	$0
Jul 1993	0	250	15.46	—	$0
Jun 1993	0	214	16.79	—	$0
May 1993	163	223	17.68	—	$2,882
Apr 1993	0	273	18.05	—	$0
Mar 1993	0	275	18.14	—	$0
Feb 1993	0	260	17.90	—	$0
Jan 1993	0	289	16.93	—	$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.

Oct 2016 — as filed, then multipliedworked

Oil                  108 bbl  × $ 46.19 =     $4,989
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $4,989

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/24288 is the state's own key, not one this site invented.