KELLY RANCH 'M'

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

Oil lease lease 31686District 7BField 53738125OilCasinghead gasSaveExport
Value, all time
$802 k
Sep 2014 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
141
no gaps in the span
Streams
2
oil, casinghead 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 8 leases and 9 wells, and the rule below applies to all of them.

Discovered
1992-09-15
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 2012-08-01.

The Commission's schedule remark for this field reads: PSUEDO RULES FOR HORIZONTALS

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
OilDisposition7,268 bbl$409,748
Casinghead gasProduction120,480 Mcf$392,129
Total$801,876

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 32.7429, -98.6231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74292, -98.62311 · 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
4,589 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 4,589 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-4293689614,589 ftOct 2014

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 (141)

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

141 months

May 20260804106.413.05$2,449
Apr 2026077798.932.87$2,230
Mar 202616880989.753.15$17,626
Feb 2026070863.503.75$2,655
Jan 2026084559.138.00$6,758
Dec 2025081756.664.41$3,606
Nov 2025080058.593.93$3,141
Oct 2025081859.383.30$2,703
Sep 202516679662.743.08$12,864
Aug 2025083663.933.01$2,520
Jul 2025085666.743.32$2,838
Jun 2025084866.483.13$2,653
May 2025087160.553.23$2,815
Apr 202516684662.363.54$13,349
Mar 2025087467.704.27$3,731
Feb 2025079970.884.34$3,468
Jan 2025089074.324.28$3,808
Dec 202416387568.993.12$13,977
Nov 2024086269.052.20$1,895
Oct 2024088971.372.28$2,028
Sep 202416684069.612.36$13,541
Aug 2024087175.632.06$1,797
Jul 2024088879.932.15$1,906
Jun 2024084278.082.63$2,218
May 202416387778.812.20$14,774
Apr 2024086684.451.66$1,437
Mar 2024089580.301.55$1,383
Feb 2024079676.091.78$1,420
Jan 2024086373.023.30$2,846
Dec 202316588871.262.61$14,076
Nov 2023082577.892.81$2,316
Oct 2023088785.443.09$2,738
Sep 2023079489.042.74$2,172
Aug 2023086880.522.67$2,320
Jul 202316387774.852.64$14,517
Jun 2023083868.962.26$1,893
May 2023086570.622.23$1,927
Apr 2023081778.122.24$1,828
Mar 202316680172.852.39$14,010
Feb 2023073675.112.47$1,815
Jan 2023086276.533.39$2,920
Dec 20227882176.415.73$10,664
Nov 2022080985.005.65$4,568
Oct 2022083287.185.86$4,879
Sep 202217379784.888.16$21,191
Aug 2022082994.529.13$7,566
Jul 20220835101.587.54$6,298
Jun 20220787115.097.98$6,278
May 2022170821109.378.43$25,516
Apr 20220811104.226.84$5,545
Mar 20220827108.885.08$4,198
Feb 2022071591.054.86$3,474
Jan 202216280481.844.54$16,906
Dec 2021064471.323.90$2,511
Nov 2021075577.435.24$3,954
Oct 2021080579.795.71$4,600
Sep 202116873969.865.35$15,691
Aug 2021076366.024.22$3,220
Jul 2021081470.783.98$3,241
Jun 2021077369.493.38$2,613
May 202117080463.483.02$13,218
Apr 2021082360.362.76$2,270
Mar 2021078161.302.72$2,122
Feb 202117165857.805.55$13,534
Jan 2021078850.412.81$2,214
Dec 2020083844.642.68$2,242
Nov 2020082638.772.71$2,236
Oct 202016785336.972.48$8,288
Sep 2020082737.091.99$1,647
Aug 2020084639.982.39$2,018
Jul 2020087538.371.83$1,597
Jun 202016776934.901.69$7,128
May 2020075216.921.81$1,365
Apr 2020074814.751.80$1,350
Mar 2020075830.341.86$1,407
Feb 202017171049.881.98$9,936
Jan 2020077757.252.09$1,628
Dec 2019078459.012.30$1,807
Nov 2019057155.302.75$1,571
Oct 201916867853.472.42$10,623
Sep 2019071655.052.66$1,903
Aug 2019073953.112.30$1,703
Jul 201916777956.272.46$11,313
Jun 2019072752.782.49$1,811
May 2019077758.482.74$2,129
Apr 20197473562.632.75$6,656
Mar 2019075056.803.06$2,297
Feb 2019067350.852.79$1,879
Jan 201912564646.033.23$7,839
Dec 2018079246.594.19$3,315
Nov 201817079952.934.24$12,384
Oct 2018086561.443.40$2,939
Sep 2018083359.543.11$2,589
Aug 201816885159.403.07$12,589
Jul 2018083065.142.93$2,433
Jun 2018077260.183.08$2,375
May 201816983565.382.90$13,471
Apr 2018081763.842.90$2,370
Mar 2018067761.222.79$1,887
Feb 201817269361.782.77$12,543
Jan 2018085662.874.01$3,432
Dec 2017089757.272.92$2,621
Nov 201717085555.423.12$12,088
Oct 20176393349.292.98$5,889
Sep 2017092847.523.09$2,865
Aug 201712595845.373.00$8,549
Jul 201716695943.873.09$10,243
Jun 2017085442.493.09$2,637
May 201717192845.373.26$10,787
Apr 2017095747.933.21$3,074
Mar 2017083846.772.98$2,500
Feb 201716984850.452.95$11,030
Jan 2017087849.413.42$3,002
Dec 201617093448.763.72$11,766
Nov 201617092442.492.64$9,667
Oct 20166486246.193.09$5,620
Sep 201616993041.553.10$9,906
Aug 201601,04041.442.92$3,041
Jul 201617097141.622.92$9,915
Jun 20161731,02845.352.69$10,607
May 20161731,02242.521.99$9,391
Apr 201601,05736.561.99$2,105
Mar 20161721,14133.011.79$7,725
Feb 201601,15926.472.06$2,392
Jan 20161691,40827.352.36$7,951
Dec 20151671,47732.362.00$8,360
Nov 20151701,65138.792.17$10,173
Oct 201501,47443.552.43$3,577
Sep 201501,03242.992.76$2,847
Aug 2015069140.162.87$1,985
Jul 201516998848.152.95$11,047
Jun 2015092356.152.88$2,661
May 201501,94755.212.96$5,754
Apr 2015072949.822.71$1,973
Mar 201517267642.892.93$9,361
Feb 2015060244.662.98$1,792
Jan 2015069743.433.10$2,161
Dec 2014075154.693.59$2,697
Nov 2014090270.464.25$3,835
Oct 201401,04378.303.90$4,069
Sep 2014056386.164.05$2,278

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                    0 bbl  × $106.41 =         $0
Casinghead gas       804 Mcf  × $  3.05 =     $2,449

────────────────────────────────────────────────────
Month total                                   $2,449

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/31686 is the state's own key, not one this site invented.