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Texas oil lease

Producing

KEELE 4

Keele 4 is an oil lease in Midland County, Texas, operated by Petroplex Energy Inc. in the Spraberry (Trend Area) field.

1 well

14,372bbl oil, last 12 months
Operator
Petroplex Energy Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-64709

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
23,328 mcf
Oil in Jul 2026
1,023 bbl

Production by month

Oil output fell 64% since Apr 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 64% since Apr 2025Monthly oil production and gas for KEELE 4, Apr 2025 to Jul 2026. Oil output fell 64% since Apr 2025. Monthly average of 1,047 bbl in the latest 3 months, against 2,940 bbl in the first 3.bbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Apr 25JulOctJan 26AprJul
Oil output fell 64% since Apr 2025Monthly oil production and gas for KEELE 4, Apr 2025 to Jul 2026. Oil output fell 64% since Apr 2025. Monthly average of 1,047 bbl in the latest 3 months, against 2,940 bbl in the first 3.bbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of KEELE 4 gas by disposition code each month, Apr 2025 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 25JulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of KEELE 4 gas by disposition code each month, Apr 2025 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on KEELE 4
API numberWell no.Status
42-329-466491Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Apr 4, 2025
Dcp Operating Company, LPCasinghead gasBuys100Apr 4, 2025
Dcp Operating Company, LPCasinghead gasGathers100Apr 4, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

80 acres on the newest permit

Permits for Keele 4
API numberWell no.Acreson the permit
42-329-46649180

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

16 months, newest first

Ledger for KEELE 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,0238651,2231,2230$80.46$2.89
Jun 20269811,221000$84.81$3.15
May 20261,1371,043000$102.13$2.94
Apr 20261,4211,407000$100.32$2.77
Mar 20262391712042040$91.38$3.04
Feb 20269261,0422,6352,6350$64.51$3.62
Jan 20261,2941,3853,6333,6330$60.04$7.72
Dec 20251,3841,2042,1102,1100$57.97$4.26
Nov 20251,2181,0362,3902,3900$60.06$3.79
Oct 20251,5921,7352,9722,9720$60.89$3.19
Sep 20251,3871,3853,3153,3150$63.96$2.97
Aug 20251,7701,7184,8464,8460$64.86$2.91
Jul 20252,1752,2745,5775,5770$68.39$3.20
Jun 20252,4762,4105,7215,7210$68.17$3.02
May 20252,8753,1265,7015,7010$62.17$3.12
Apr 20253,4682,9604,6704,6700$63.54$3.42

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorPetroplex Energy Inc.FieldSpraberry (Trend Area)CountyMidland County

Petroplex Energy Inc. in Midland County

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Spraberry (Trend Area) field

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