KEENEY

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

Operated by CHEVRON MIDCONTINENT, L.P. (P-5 147862) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8732District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$2.1 M

Jan 1993 – Oct 2013

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

250

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

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 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	48,613 bbl	$1,772,593
Casinghead gas	Production	159,110 Mcf	$371,553
Total			$2,144,146

72,537 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 (3)

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 31.6109, -101.9484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.61072, -101.94714 · 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

9,200 ft

3 wells filed one

Completion to plug

11.7 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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

Between 9,175 and 9,665 ft, median 9,200 ft, over the 3 wells that filed a depth.

Completions filed

Feb 1981 – May 2001

3 of 3 wells

Plug dates filed

Sep 1992 – Feb 2013

3 of 3 wells

Last completion to plug: a median of 11.7 years across the 3 wells that filed both dates, with the middle half between 11.7 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-46134135	5	9,665 ft	May 2001	Jan 2013	Yes
42-46131724	3	9,200 ft	May 1981	Feb 2013	Yes
42-46131704	4	9,175 ft	Feb 1981	Sep 1992	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 (250)

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

250 months


Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	37	0	91.23	3.42	$3,376
Jan 2013	29	0	91.60	3.42	$2,656
Dec 2012	0	3	86.77	3.42	$10
Nov 2012	0	31	86.95	3.62	$112
Oct 2012	0	13	89.38	3.40	$44
Sep 2012	0	19	94.67	2.92	$55
Aug 2012	0	8	92.66	2.91	$23
Jul 2012	0	5	85.13	3.02	$15
Jun 2012	0	13	79.82	2.52	$33
May 2012	0	66	91.61	2.49	$164
Apr 2012	193	230	101.65	2.00	$20,078
Mar 2012	368	195	105.05	2.22	$39,092
Feb 2012	184	183	101.10	2.57	$19,073
Jan 2012	0	164	98.09	2.73	$448
Dec 2011	188	32	96.87	3.24	$18,315
Nov 2011	0	39	95.72	3.31	$129
Oct 2011	0	5	84.98	3.65	$18
Sep 2011	0	25	83.62	3.99	$100
Aug 2011	0	79	83.40	4.15	$328
Jul 2011	189	182	94.14	4.52	$18,615
Jun 2011	0	170	92.90	4.64	$789
May 2011	181	105	98.13	4.40	$18,224
Apr 2011	0	101	105.96	4.33	$438
Mar 2011	184	94	96.36	4.06	$18,112
Feb 2011	0	50	85.64	4.18	$209
Jan 2011	0	2	86.50	4.59	$9
Dec 2010	0	31	85.73	4.35	$135
Nov 2010	183	73	80.84	3.80	$15,071
Oct 2010	0	60	78.10	3.51	$211
Sep 2010	0	75	72.63	3.98	$298
Aug 2010	184	171	73.68	4.42	$14,313
Jul 2010	184	185	72.55	4.74	$14,225
Jun 2010	181	172	70.36	4.91	$13,580
May 2010	0	85	71.12	4.24	$360
Apr 2010	0	82	81.69	4.12	$338
Mar 2010	178	166	78.39	4.39	$14,682
Feb 2010	0	108	73.58	5.44	$588
Jan 2010	364	217	74.36	5.96	$28,361
Dec 2009	187	210	71.44	5.48	$14,511
Nov 2009	182	243	74.59	3.75	$14,487
Oct 2009	185	298	72.54	4.11	$14,645
Sep 2009	159	262	65.54	3.06	$11,224
Aug 2009	368	274	67.42	3.22	$25,692
Jul 2009	162	375	61.13	3.46	$11,202
Jun 2009	351	354	66.16	3.90	$24,601
May 2009	362	355	54.74	3.93	$21,210
Apr 2009	167	221	46.77	3.59	$8,603
Mar 2009	342	358	42.14	4.06	$15,865
Feb 2009	177	200	32.81	4.63	$6,734
Jan 2009	186	165	35.86	5.37	$7,556
Dec 2008	0	29	37.10	5.98	$173
Nov 2008	147	99	55.49	6.86	$8,836
Oct 2008	0	33	75.24	6.92	$228
Sep 2008	0	98	101.76	7.88	$772
Aug 2008	181	105	114.22	8.48	$21,565
Jul 2008	0	91	131.08	11.39	$1,036
Jun 2008	152	162	131.33	13.03	$22,073
May 2008	158	143	123.17	11.57	$21,116
Apr 2008	174	397	110.31	10.45	$23,345
Mar 2008	333	332	101.90	9.66	$37,141
Feb 2008	0	84	92.53	8.77	$737
Jan 2008	343	322	90.38	8.21	$33,643
Dec 2007	358	431	88.33	7.30	$34,769
Nov 2007	175	287	91.67	7.29	$18,135
Oct 2007	168	305	82.85	6.92	$16,030
Sep 2007	340	462	75.84	6.24	$28,670
Aug 2007	175	366	69.06	6.39	$14,423
Jul 2007	0	83	70.90	6.39	$530
Jun 2007	0	59	62.00	7.55	$445
May 2007	0	49	58.74	7.85	$384
Apr 2007	157	141	59.61	7.81	$10,459
Mar 2007	0	167	56.92	7.30	$1,219
Feb 2007	181	373	55.10	8.22	$13,038
Jan 2007	180	216	50.30	6.73	$10,507
Dec 2006	161	67	56.65	6.92	$9,584
Nov 2006	166	0	54.20	7.62	$8,997
Oct 2006	146	182	54.90	6.01	$9,110
Sep 2006	180	230	60.08	5.04	$11,973
Aug 2006	0	79	68.71	7.34	$580
Jul 2006	179	268	69.37	6.34	$14,117
Jun 2006	175	273	66.28	6.38	$13,342
May 2006	155	356	66.01	6.42	$12,519
Apr 2006	157	360	64.39	7.36	$12,759
Mar 2006	353	468	56.70	7.08	$23,330
Feb 2006	165	406	57.59	7.75	$12,649
Jan 2006	355	469	60.59	8.93	$25,699
Dec 2005	352	498	54.94	13.42	$26,020
Nov 2005	184	509	54.69	10.59	$15,452
Oct 2005	176	248	58.34	13.80	$13,689
Sep 2005	178	597	61.45	12.08	$18,149
Aug 2005	350	580	61.51	9.80	$27,211
Jul 2005	312	642	55.69	7.84	$22,411
Jun 2005	349	451	52.33	7.38	$21,592
May 2005	352	638	45.22	6.65	$20,161
Apr 2005	526	734	49.20	7.36	$31,282
Mar 2005	182	342	50.37	7.15	$11,614
Feb 2005	133	388	45.22	6.31	$8,463
Jan 2005	357	503	43.16	6.32	$18,588
Dec 2004	182	333	39.86	6.75	$9,503
Nov 2004	357	390	45.28	6.33	$18,634
Oct 2004	358	679	49.70	6.52	$22,216
Sep 2004	173	381	43.24	5.28	$9,494
Aug 2004	181	244	42.37	5.55	$9,023
Jul 2004	180	708	38.28	6.08	$11,198
Jun 2004	356	713	36.10	6.43	$17,438
May 2004	356	620	37.48	6.49	$17,370
Apr 2004	357	517	34.47	5.86	$15,335
Mar 2004	181	543	34.36	5.53	$9,222
Feb 2004	361	891	32.45	5.51	$16,624
Jan 2004	379	633	32.03	6.30	$16,127
Dec 2003	183	680	30.26	6.30	$9,823
Nov 2003	361	444	28.80	4.60	$12,437
Oct 2003	369	595	28.17	4.76	$13,227
Sep 2003	361	619	26.31	4.75	$12,438
Aug 2003	175	764	29.76	5.13	$9,127
Jul 2003	356	665	29.41	5.17	$13,909
Jun 2003	352	499	28.56	5.98	$13,039
May 2003	356	536	26.59	5.97	$12,667
Apr 2003	538	545	26.67	5.41	$17,295
Mar 2003	182	433	31.14	6.10	$8,307
Feb 2003	366	522	33.48	7.93	$16,391
Jan 2003	369	576	30.31	5.58	$14,400
Dec 2002	186	578	26.91	4.85	$7,811
Nov 2002	568	620	24.66	4.14	$16,572
Oct 2002	183	766	26.46	4.23	$8,082
Sep 2002	361	812	27.44	3.64	$12,858
Aug 2002	540	879	25.96	3.16	$16,800
Jul 2002	361	800	24.58	3.06	$11,323
Jun 2002	178	772	23.73	3.34	$6,801
May 2002	494	889	24.66	3.58	$15,368
Apr 2002	359	628	23.65	3.51	$10,696
Mar 2002	539	724	22.00	3.10	$14,104
Feb 2002	183	540	18.22	2.38	$4,617
Jan 2002	385	794	17.17	2.38	$8,497
Dec 2001	729	782	16.93	2.36	$14,191
Nov 2001	181	687	18.07	2.41	$4,923
Oct 2001	361	696	19.78	2.53	$8,901
Sep 2001	536	801	24.26	2.25	$14,807
Aug 2001	354	756	24.87	3.05	$11,112
Jul 2001	705	1,153	23.93	3.20	$20,557
Jun 2001	353	913	24.56	3.82	$12,161
May 2001	716	1,014	25.52	4.31	$22,640
Apr 2001	0	66	24.68	5.34	$352
Mar 2001	0	150	24.54	5.38	$806
Feb 2001	0	170	27.75	5.77	$980
Jan 2001	162	120	27.47	8.40	$5,458
Dec 2000	0	150	26.88	9.12	$1,368
Nov 2000	181	431	32.21	5.66	$8,269
Oct 2000	177	563	31.23	5.15	$8,425
Sep 2000	178	578	31.87	5.19	$8,671
Aug 2000	176	582	29.64	4.54	$7,859
Jul 2000	178	504	28.53	4.09	$7,140
Jun 2000	0	423	29.30	4.40	$1,860
May 2000	111	47	27.26	3.68	$3,199
Apr 2000	178	261	24.51	3.12	$5,176
Mar 2000	182	664	28.42	2.86	$7,071
Feb 2000	0	618	27.62	2.73	$1,685
Jan 2000	369	656	25.27	2.48	$10,952
Dec 1999	0	674	24.28	2.42	$1,634
Nov 1999	186	527	23.19	2.43	$5,596
Oct 1999	186	709	20.98	2.80	$5,890
Sep 1999	181	782	21.75	2.62	$5,985
Aug 1999	183	807	19.26	2.88	$5,845
Jul 1999	169	659	17.89	2.37	$4,587
Jun 1999	180	659	15.94	2.36	$4,426
May 1999	184	773	15.79	2.32	$4,700
Apr 1999	183	684	15.10	2.21	$4,274
Mar 1999	0	702	12.47	1.84	$1,291
Feb 1999	182	559	9.98	1.82	$2,833
Jan 1999	185	696	10.38	1.90	$3,243
Dec 1998	175	546	9.20	1.77	$2,578
Nov 1998	188	601	10.89	2.19	$3,361
Oct 1998	180	656	12.42	1.97	$3,527
Sep 1998	0	240	12.59	2.08	$500
Aug 1998	0	100	11.30	1.91	$191
Jul 1998	181	740	11.74	2.24	$3,781
Jun 1998	0	786	11.24	2.24	$1,758
May 1998	175	868	12.62	2.21	$4,124
Apr 1998	176	942	13.04	2.51	$4,655
Mar 1998	176	1,015	12.80	2.31	$4,597
Feb 1998	0	940	13.95	2.30	$2,161
Jan 1998	181	1,015	14.70	2.15	$4,848
Dec 1997	184	1,031	16.32	2.41	$5,489
Nov 1997	185	991	18.19	3.09	$6,426
Oct 1997	0	1,110	19.25	3.15	$3,496
Sep 1997	177	1,133	17.74	2.95	$6,488
Aug 1997	185	1,185	17.86	2.55	$6,331
Jul 1997	190	1,132	17.58	2.25	$5,884
Jun 1997	0	1,146	17.24	2.26	$2,587
May 1997	191	1,190	18.97	2.31	$6,370
Apr 1997	189	1,005	17.88	2.08	$5,473
Mar 1997	369	1,362	18.95	1.94	$9,634
Feb 1997	0	1,334	20.49	2.21	$2,943
Jan 1997	0	1,481	23.48	3.54	$5,242
Dec 1996	379	1,548	23.32	—	$8,838
Nov 1996	186	1,481	21.97	—	$4,086
Oct 1996	178	1,469	23.31	—	$4,149
Sep 1996	178	1,457	22.22	—	$3,955
Aug 1996	176	1,490	20.26	—	$3,566
Jul 1996	186	50	19.55	—	$3,636
Jun 1996	185	1,252	18.73	—	$3,465
May 1996	179	1,561	19.43	—	$3,478
Apr 1996	184	1,538	21.51	—	$3,958
Mar 1996	364	1,609	19.38	—	$7,054
Feb 1996	190	1,504	16.98	—	$3,226
Jan 1996	194	1,540	17.07	—	$3,312
Dec 1995	194	1,568	17.19	—	$3,335
Nov 1995	186	1,560	16.00	—	$2,976
Oct 1995	356	1,473	15.43	—	$5,493
Sep 1995	186	1,172	16.18	—	$3,009
Aug 1995	195	1,202	15.92	—	$3,104
Jul 1995	367	1,004	15.24	—	$5,593
Jun 1995	195	1,307	16.41	—	$3,200
May 1995	198	1,457	17.56	—	$3,477
Apr 1995	193	1,318	17.73	—	$3,422
Mar 1995	186	1,504	16.44	—	$3,058
Feb 1995	189	1,491	16.58	—	$3,134
Jan 1995	182	1,504	15.92	—	$2,897
Dec 1994	384	1,617	15.03	—	$5,772
Nov 1994	192	1,520	15.90	—	$3,053
Oct 1994	188	1,714	15.58	—	$2,929
Sep 1994	179	1,645	15.29	—	$2,737
Aug 1994	355	1,562	16.13	—	$5,726
Jul 1994	362	1,756	17.56	—	$6,357
Jun 1994	177	1,748	17.09	—	$3,025
May 1994	182	1,768	15.88	—	$2,890
Apr 1994	707	1,705	14.14	—	$9,997
Mar 1994	0	1,757	12.46	—	$0
Feb 1994	707	1,472	12.50	—	$8,838
Jan 1994	0	1,706	12.66	—	$0
Dec 1993	0	1,660	12.33	—	$0
Nov 1993	180	1,617	14.49	—	$2,608
Oct 1993	350	1,649	15.85	—	$5,548
Sep 1993	176	1,519	15.03	—	$2,645
Aug 1993	364	1,736	15.66	—	$5,700
Jul 1993	176	1,745	15.46	—	$2,721
Jun 1993	348	1,581	16.79	—	$5,843
May 1993	184	1,484	17.68	—	$3,253
Apr 1993	338	1,733	18.05	—	$6,101
Mar 1993	344	1,722	18.14	—	$6,240
Feb 1993	346	1,500	17.90	—	$6,193
Jan 1993	174	1,562	16.93	—	$2,946

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.

Feb 2013 — as filed, then multipliedworked

Oil                   37 bbl  × $ 91.23 =     $3,376
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $3,376

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. 7C/O/8732 is the state's own key, not one this site invented.