KEATHLEY, G. W.

Operated by BRAKA OPERATING, L.L.C. (P-5 88563) 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 3923District 7BField 85948001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
401
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 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'

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
NGPA2none

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
OilDisposition84,557 bbl$3,913,387
Casinghead gasProduction912 Mcf$371
Total$3,913,759

758 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 (6)

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 32.7328, -98.8491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.73405, -98.84954 · 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
66.7%
4 of 6 wells
With a plug date
50.0%
3 of 6 wells
Median depth
3,240 ft
5 wells filed one
Completion to plug
16.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
466.7%
A plug date is filed
350.0%
BothOn the schedule and plugged. Neither fact cancels the other.
350.0%
NeitherNo plug date, and not on the schedule.
233.3%

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

Between 2,415 and 4,200 ft, median 3,240 ft, over the 5 wells that filed a depth.

Completions filed
Aug 1985 – Sep 1992
3 of 6 wells; 3 filed none
Plug dates filed
Jun 1995 – Nov 2003
3 of 6 wells; 3 filed none

Last completion to plug: a median of 16.1 years across the 1 well that filed both dates, with the middle half between 16.1 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-42902862112,415 ftJun 1995Yes
42-429809356Yes
42-42980936102,466 ftNov 2003Yes
42-42935119153,240 ftSep 1992
42-42935237164,125 ftMar 1991
42-4293412114,200 ftAug 1985Sep 2001Yes

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 (401)

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

401 months

May 20261660106.413.05$17,664
Apr 2026171098.932.87$16,917
Mar 2026178089.753.15$15,976
Feb 2026173063.503.75$10,986
Jan 20260059.138.00$0
Dec 2025172056.664.41$9,746
Nov 2025169058.593.93$9,902
Oct 2025172059.383.30$10,213
Sep 2025159062.743.08$9,976
Aug 2025171063.933.01$10,932
Jul 2025168066.743.32$11,212
Jun 2025171066.483.13$11,368
May 20250060.553.23$0
Apr 2025170062.363.54$10,601
Mar 2025166067.704.27$11,238
Feb 20250070.884.34$0
Jan 2025166074.324.28$12,337
Dec 2024172068.993.12$11,866
Nov 2024170069.052.20$11,739
Oct 2024173071.372.28$12,347
Sep 2024172069.612.36$11,973
Aug 2024167075.632.06$12,630
Jul 2024167079.932.15$13,348
Jun 2024164078.082.63$12,805
May 2024171078.812.20$13,477
Apr 2024166084.451.66$14,019
Mar 2024163080.301.55$13,089
Feb 2024165076.091.78$12,555
Jan 2024168073.023.30$12,267
Dec 2023169071.262.61$12,043
Nov 2023166077.892.81$12,930
Oct 2023171085.443.09$14,610
Sep 20230089.042.74$0
Aug 2023160080.522.67$12,883
Jul 2023166074.852.64$12,425
Jun 2023169068.962.26$11,654
May 2023160070.622.23$11,299
Apr 2023172078.122.24$13,437
Mar 2023171072.852.39$12,457
Feb 2023171075.112.47$12,844
Jan 20230076.533.39$0
Dec 2022167076.415.73$12,760
Nov 2022167085.005.65$14,195
Oct 2022164087.185.86$14,298
Sep 2022169084.888.16$14,345
Aug 2022175094.529.13$16,541
Jul 20221660101.587.54$16,862
Jun 20221730115.097.98$19,911
May 20221780109.378.43$19,468
Apr 20221730104.226.84$18,030
Mar 20221730108.885.08$18,836
Feb 20220091.054.86$0
Jan 2022172081.844.54$14,076
Dec 2021168071.323.90$11,982
Nov 2021335077.435.24$25,939
Oct 20210079.795.71$0
Sep 2021171069.865.35$11,946
Aug 2021169066.024.22$11,157
Jul 2021169070.783.98$11,962
Jun 2021163069.493.38$11,327
May 2021178063.483.02$11,299
Apr 2021170060.362.76$10,261
Mar 2021171061.302.72$10,482
Feb 2021166057.805.55$9,595
Jan 2021166050.412.81$8,368
Dec 2020172044.642.68$7,678
Nov 2020164038.772.71$6,358
Oct 2020169036.972.48$6,248
Sep 20200037.091.99$0
Aug 2020329039.982.39$13,153
Jul 2020169038.371.83$6,485
Jun 2020171034.901.69$5,968
May 2020167016.921.81$2,826
Apr 20200014.751.80$0
Mar 2020172030.341.86$5,218
Feb 2020171049.881.98$8,529
Jan 2020170057.252.09$9,733
Dec 2019171059.012.30$10,091
Nov 2019173055.302.75$9,567
Oct 2019168053.472.42$8,983
Sep 2019167055.052.66$9,193
Aug 2019334053.112.30$17,739
Jul 2019170056.272.46$9,566
Jun 2019169052.782.49$8,920
May 2019171058.482.74$10,000
Apr 2019171062.632.75$10,710
Mar 2019169056.803.06$9,599
Feb 2019159050.852.79$8,085
Jan 2019175046.033.23$8,055
Dec 2018172046.594.19$8,013
Nov 20180052.934.24$0
Oct 2018174061.443.40$10,691
Sep 2018173059.543.11$10,300
Aug 2018171059.403.07$10,157
Jul 2018169065.142.93$11,009
Jun 2018173060.183.08$10,411
May 2018174065.382.90$11,376
Apr 2018173063.842.90$11,044
Mar 2018346061.222.79$21,182
Feb 2018172061.782.77$10,626
Jan 2018172062.874.01$10,814
Dec 2017173057.272.92$9,908
Nov 2017175055.423.12$9,699
Oct 2017173049.292.98$8,527
Sep 2017172047.523.09$8,173
Aug 2017171045.373.00$7,758
Jul 2017172043.873.09$7,546
Jun 2017342042.493.09$14,532
May 2017169045.373.26$7,668
Apr 2017172047.933.21$8,244
Mar 2017171046.772.98$7,998
Feb 2017167050.452.95$8,425
Jan 2017170049.413.42$8,400
Dec 2016344048.763.72$16,773
Nov 2016170042.492.64$7,223
Oct 2016169046.193.09$7,806
Sep 2016170041.553.10$7,064
Aug 2016174041.442.92$7,211
Jul 2016168041.622.92$6,992
Jun 2016170045.352.69$7,710
May 2016173042.521.99$7,356
Apr 2016340036.561.99$12,430
Mar 2016175033.011.79$5,777
Feb 2016343026.472.06$9,079
Jan 2016169027.352.36$4,622
Dec 2015171032.362.00$5,534
Nov 2015173038.792.17$6,711
Oct 2015171043.552.43$7,447
Sep 2015174042.992.76$7,480
Aug 2015172040.162.87$6,908
Jul 2015346048.152.95$16,660
Jun 2015168056.152.88$9,433
May 2015171055.212.96$9,441
Apr 2015342049.822.71$17,038
Mar 2015168042.892.93$7,206
Feb 20150044.662.98$0
Jan 2015346043.433.10$15,027
Dec 2014171054.693.59$9,352
Nov 2014339070.464.25$23,886
Oct 2014172078.303.90$13,468
Sep 2014177086.164.05$15,250
Aug 2014343089.394.04$30,661
Jul 2014173096.564.18$16,705
Jun 2014170098.164.74$16,687
May 2014341094.734.73$32,303
Apr 2014176095.944.81$16,885
Mar 2014345095.895.06$33,082
Feb 2014170097.406.19$16,558
Jan 2014169090.404.86$15,278
Dec 2013170091.824.35$15,609
Nov 2013351088.853.74$31,186
Oct 2013347097.423.78$33,805
Sep 20131770104.113.72$18,427
Aug 20131730104.253.52$18,035
Jul 20133410102.523.72$34,959
Jun 2013347094.403.93$32,757
May 2013348094.834.15$33,001
Apr 2013176093.964.28$16,537
Mar 2013351093.623.91$32,861
Feb 2013172091.233.42$15,692
Jan 2013349091.603.42$31,968
Dec 2012351086.773.42$30,456
Nov 2012171086.953.62$14,868
Oct 2012352089.383.40$31,462
Sep 2012355094.672.92$33,608
Aug 2012177092.662.91$16,401
Jul 2012533085.133.02$45,374
Jun 2012354079.822.52$28,256
May 2012170091.612.49$15,574
Apr 201200101.652.00$0
Mar 20121700105.052.22$17,859
Feb 20121790101.102.57$18,097
Jan 2012349098.092.73$34,233
Dec 2011184096.873.24$17,824
Nov 20110095.723.31$0
Oct 2011174084.983.65$14,787
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011175094.144.52$16,475
Jun 20110092.904.64$0
May 2011173098.134.40$16,976
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011175085.644.18$14,987
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010180080.843.80$14,551
Oct 2010178078.103.51$13,902
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010178072.554.74$12,914
Jun 2010167070.364.91$11,750
May 20100071.124.24$0
Apr 2010177081.694.12$14,459
Mar 2010172078.394.39$13,483
Feb 20100073.585.44$0
Jan 2010176074.365.96$13,087
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009178072.544.11$12,912
Sep 20090065.543.06$0
Aug 2009168067.423.22$11,327
Jul 2009172061.133.46$10,514
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009176046.773.59$8,232
Mar 2009177042.144.06$7,459
Feb 20090032.814.63$0
Jan 2009177035.865.37$6,347
Dec 2008177037.105.98$6,567
Nov 20080055.496.86$0
Oct 2008173075.246.92$13,017
Sep 20081800101.767.88$18,317
Aug 20081740114.228.48$19,874
Jul 200800131.0811.39$0
Jun 20081760131.3313.03$23,114
May 20081720123.1711.57$21,185
Apr 200800110.3110.45$0
Mar 20081760101.909.66$17,934
Feb 20080092.538.77$0
Jan 2008179090.388.21$16,178
Dec 2007181088.337.30$15,988
Nov 20070091.677.29$0
Oct 2007179082.856.92$14,830
Sep 2007173075.846.24$13,120
Aug 20070069.066.39$0
Jul 2007176070.906.39$12,478
Jun 2007169062.007.55$10,478
May 2007179058.747.85$10,514
Apr 2007178059.617.81$10,611
Mar 20070056.927.30$0
Feb 2007177055.108.22$9,753
Jan 2007173050.306.73$8,702
Dec 20060056.656.92$0
Nov 2006351054.207.62$19,024
Oct 2006348054.906.01$19,105
Sep 2006174060.085.04$10,454
Aug 2006343068.717.34$23,568
Jul 2006180069.376.34$12,487
Jun 2006344066.286.38$22,800
May 2006354066.016.42$23,368
Apr 2006171064.397.36$11,011
Mar 2006345056.707.08$19,562
Feb 2006183057.597.75$10,539
Jan 2006354060.598.93$21,449
Dec 2005180054.9413.42$9,889
Nov 2005350054.6910.59$19,142
Oct 2005178058.3413.80$10,385
Sep 2005352061.4512.08$21,630
Aug 2005168061.519.80$10,334
Jul 2005344055.697.84$19,157
Jun 2005350052.337.38$18,316
May 2005175045.226.65$7,914
Apr 2005339049.207.36$16,679
Mar 2005179050.377.15$9,016
Feb 2005351045.226.31$15,872
Jan 2005173043.166.32$7,467
Dec 2004350039.866.75$13,951
Nov 2004176045.286.33$7,969
Oct 2004342049.706.52$16,997
Sep 2004177043.245.28$7,653
Aug 2004342042.375.55$14,491
Jul 2004177038.286.08$6,776
Jun 2004349036.106.43$12,599
May 2004170037.486.49$6,372
Apr 2004171034.475.86$5,894
Mar 2004349034.365.53$11,992
Feb 2004173032.455.51$5,614
Jan 2004178032.036.30$5,701
Dec 2003335030.266.30$10,137
Nov 2003170028.804.60$4,896
Oct 2003349028.174.76$9,831
Sep 2003164026.314.75$4,315
Aug 2003346029.765.13$10,297
Jul 2003338029.415.17$9,941
Jun 2003167028.565.98$4,770
May 2003345026.595.97$9,174
Apr 2003350026.675.41$9,335
Mar 2003545031.146.10$16,971
Feb 2003171033.487.93$5,725
Jan 2003353030.315.58$10,699
Dec 2002338026.914.85$9,096
Nov 2002356024.664.14$8,779
Oct 2002174026.464.23$4,604
Sep 2002344027.443.64$9,439
Aug 2002338025.963.16$8,774
Jul 2002161024.583.06$3,957
Jun 2002340023.733.34$8,068
May 2002337024.663.58$8,310
Apr 2002169023.653.51$3,997
Mar 2002343022.003.10$7,546
Feb 2002343018.222.38$6,249
Jan 2002177017.172.38$3,039
Dec 2001172016.932.36$2,912
Nov 2001173018.072.41$3,126
Oct 2001172019.782.53$3,402
Sep 2001168024.262.25$4,076
Aug 2001166024.873.05$4,128
Jul 2001169023.933.20$4,044
Jun 2001344024.563.82$8,449
May 2001164025.524.31$4,185
Apr 2001332024.685.34$8,194
Mar 2001161024.545.38$3,951
Feb 2001343027.755.77$9,518
Jan 2001160027.478.40$4,395
Dec 2000175026.889.12$4,704
Nov 2000174032.215.66$5,605
Oct 2000323031.235.15$10,087
Sep 2000160031.875.19$5,099
Aug 2000166029.644.54$4,920
Jul 2000326028.534.09$9,301
Jun 2000158029.304.40$4,629
May 2000157027.263.68$4,280
Apr 2000327024.513.12$8,015
Mar 2000158028.422.86$4,490
Feb 2000158027.622.73$4,364
Jan 2000340025.272.48$8,592
Dec 1999161024.282.42$3,909
Nov 1999339023.192.43$7,861
Oct 1999158020.982.80$3,315
Sep 1999172021.752.62$3,741
Aug 1999321019.262.88$6,182
Jul 1999163017.892.37$2,916
Jun 1999326015.942.36$5,196
May 1999155015.792.32$2,447
Apr 1999346015.102.21$5,225
Mar 1999168012.471.84$2,095
Feb 199916609.981.82$1,657
Jan 1999331210.381.90$3,440
Dec 199816729.201.77$1,540
Nov 19980110.892.19$2
Oct 1998353112.421.97$4,386
Sep 1998320212.592.08$4,033
Aug 19980211.301.91$4
Jul 1998324211.742.24$3,808
Jun 1998337111.242.24$3,790
May 1998164312.622.21$2,076
Apr 1998340613.042.51$4,449
Mar 1998163712.802.31$2,103
Feb 1998167413.952.30$2,339
Jan 1998248214.702.15$3,650
Dec 1997173316.322.41$2,831
Nov 1997170218.193.09$3,098
Oct 1997348519.253.15$6,715
Sep 1997167717.742.95$2,983
Aug 1997342817.862.55$6,129
Jul 19971661517.582.25$2,952
Jun 19971661417.242.26$2,893
May 19973451318.972.31$6,575
Apr 19971661517.882.08$2,999
Mar 19973561218.951.94$6,769
Feb 19971721120.492.21$3,549
Jan 19973551423.483.54$8,385
Dec 1996167823.32$3,894
Nov 1996345821.97$7,580
Oct 1996170723.31$3,963
Sep 1996171522.22$3,800
Aug 1996337620.26$6,828
Jul 1996172719.55$3,363
Jun 1996350918.73$6,556
May 1996169719.43$3,284
Apr 1996348721.51$7,485
Mar 1996350919.38$6,783
Feb 1996174516.98$2,955
Jan 1996350817.07$5,975
Dec 1995352617.19$6,051
Nov 1995354816.00$5,664
Oct 1995347915.43$5,354
Sep 1995347816.18$5,614
Aug 19953471015.92$5,524
Jul 1995341915.24$5,197
Jun 19953431116.41$5,629
May 19953421317.56$6,006
Apr 19953441117.73$6,099
Mar 19955241016.44$8,615
Feb 19953481416.58$5,770
Jan 19953481415.92$5,540
Dec 19943491215.03$5,245
Nov 19943451115.90$5,486
Oct 19945211215.58$8,117
Sep 19943481315.29$5,321
Aug 19943411416.13$5,500
Jul 19945241217.56$9,201
Jun 19943391117.09$5,794
May 19945281315.88$8,385
Apr 19943451614.14$4,878
Mar 19945301712.46$6,604
Feb 19943472112.50$4,338
Jan 19943362912.66$4,254
Dec 19933213012.33$3,958
Nov 19934121914.49$5,970
Oct 19933211315.85$5,088
Sep 19933212015.03$4,825
Aug 19933223015.66$5,043
Jul 19934042415.46$6,246
Jun 19934062216.79$6,817
May 19933262817.68$5,764
Apr 19932365518.05$4,260
Mar 19933278118.14$5,932
Feb 19932362717.90$4,224
Jan 19932381916.93$4,029

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                  166 bbl  × $106.41 =    $17,664
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,664

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/3923 is the state's own key, not one this site invented.