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Texas oil lease

Producing

KEY, E.

Key, E. is an oil lease in Gray County, Texas, operated by Large Operating LLC in the Panhandle Gray County Field field.

20 wells

1,702bbl oil, last 12 months−32% vs prior year
RRC lease
10-00644

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Oil in Jul 2026
32 bbl
Reporting since
Jan 2020

Did a relative own a share of this lease?

Pick the year they passed and see what the lease has sold since.

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Aug 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Aug 2026.

See why checks stop on this lease

Wells on this lease and around it

Where the state's map puts this lease's 20 wells, and what has been drilled or permitted within about 2 miles of them.
Map of the Key, E. lease in Gray County, Texas: its 20 wells ringed, among 323 wells and 0 recent drilling locations in a picture about 6 miles across.
  • This lease20Its wells, ringed on the map: 11 producing, 9 plugged
  • Drilling locations0Permits issued in the last two years
  • Producing wells178On a lease reporting production now
  • Not producing35Shut in, inactive or no lease on record
  • Plugged110The state's wellbore record says plugged

The 20 ringed dots are this lease's wells, each where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 6 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines, base map from USGS The National Map.

See the whole Texas well map

A one-page map of this lease to print, for a lawyer, a buyer or a probate file.

Use this map on your site

You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.

Download the picture (WebP)
<a href="https://royaltyclerk.com/texas/leases/key-e-10-00644"><img src="https://royaltyclerk.com/maps/lease-wells/key-e-10-00644.svg" alt="Map of the Key, E. lease in Gray County, Texas: its 20 wells ringed, among 323 wells and 0 recent drilling locations in a picture about 6 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/key-e-10-00644">Wells on the Key, E. lease, Gray County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>

Production by month

Oil output fell 32% over the last 12 months

Aug 2026 was not reported.

  • Oil (bars)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production for KEY, E., Sep 2023 to Aug 2026. Oil output fell 32% over the last 12 months. 1,476 bbl in the 12 months through Aug 2026, against 2,170 bbl in the 12 months before.Last 12 months: 1,476 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production for KEY, E., Sep 2023 to Aug 2026. Oil output fell 32% over the last 12 months. 1,476 bbl in the 12 months through Aug 2026, against 2,170 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

From the state record

What owners ask about Key, E.

When is the check for June 2026 due?
June 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Aug 29, 2026, unless the lease sets another time.
Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
See your next three checks
Which Texas production tax rate applies?
The Texas Comptroller lists low producing leases for this lease, from Feb 1, 2016. Its file does not give the rate, so we compare your stub with the full 4.6%. That is for June 2026.
Source: Texas Comptroller, approved severance tax exemptions.
Check the tax on your stub
Who buys the oil and gas?
Oil: Eastex Crude Company, LLC, Kimrad Transport, LP, Mission Petroleum Carriers, Inc. and Plains Marketing, L.p. gather it. The buyer's price is what a royalty check is figured on.
Source: Railroad Commission Form P-4, gatherers and purchasers.
See every buyer and past buyers
How many 1099s should an owner expect for 2025?
One company, Large Operating LLC, filed this lease's reports behind every 2025 check, so most owners get one form. The operator is not always the company that pays, so go by the name on the stubs.
Source: Railroad Commission production reports, operator of record by month.
Check your 1099 against it

33 years of state records, 1993–2026

KEY, E. since 1993

We read every monthly report the Railroad Commission holds, back to January 1993, and this lease was already producing then. It filed 403 monthly reports through August 2026.

Sold since 1993

$9.4 million

What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.

A relative owned a share? See what it earned after they died
Oil sold
206,278 bbl
Gas sold
80,435 mcf
Best year
2008$620,000 sold
Last report
Jul 2026First: Jan 1993

Its best year was 2008: $620,000 of oil and gas sold

Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.

  • Oil
  • Gas
Its best year was 2008: $620,000 of oil and gas soldKey, E.: oil and gas sold each year from 1993 to 2026, at each month's prices. Its best year was 2008: $620,000 of oil and gas sold.Sold each year, at each month’s prices$0$250k$500k$750kPeak 2008: $620k'93'95'00'05'10'15'20'26
Its best year was 2008: $620,000 of oil and gas soldKey, E.: oil and gas sold each year from 1993 to 2026, at each month's prices. Its best year was 2008: $620,000 of oil and gas sold.Sold each year, at each month’s prices$0$250k$500k$750kPeak 2008: $620k'93'00'05'10'15'20'26

SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.

Every year as a table
Key, E.: oil and gas sold each year
YearMonthsOil sold, bblGas sold, mcfSold for
2026 *76560$58,594
2025122,2320$146,491
2024122,1210$161,864
2023122,8120$217,949
2022122,7700$258,525
2021122,7760$191,090
2020122,291436$88,772
2019122,5111,508$146,682
2018123,5961,519$237,587
2017121,000641$54,205
2016122,3711,756$108,038
2015122,5572,089$129,668
2014124,3222,189$421,503
2013124,7732,004$474,955
2012126,1802,148$587,347
2011125,1001,225$489,545
2010125,8032,229$470,389
2009126,2291,809$393,553
2008126,0191,685$620,028
2007126,5412,251$496,101
2006127,0232,325$481,439
2005126,8772,267$408,958
2004126,8891,867$291,546
2003127,4022,213$242,970
2002125,9770$155,856
2001127,2802,848$206,671
20001210,3504,524$330,767
1999129,6053,065$196,798
1998129,0745,124$142,328
19971211,1465,683$243,152
19961213,4966,909$314,913
19951213,8636,953$265,855
19941211,5146,409$209,033
19931213,1226,759$255,073

* Part of the year: the records run through August 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Nov 2021

Operators of this lease over timeXTO Energy Inc., Jan 2020 to Oct 2021; Large Operating LLC, Nov 2021 to Jul 20262020202120222023202420252026Changed Nov 2021XTO Energy Inc.Jan 2020 to Oct 2021Large Operating LLCNov 2021 to now
Operators of this lease over timeXTO Energy Inc., Jan 2020 to Oct 2021; Large Operating LLC, Nov 2021 to Jul 20262020202120222023202420252026Changed Nov 2021XTO Energy Inc.Jan 2020 to Oct 2021Large Operating LLCNov 2021 to now

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

20 wells on this lease

Wells on KEY, E.
API numberWellStatusCompleted
42-179-01193Key, E. 13PluggedJan 12, 1984
42-179-01207Key, E. 21Plugged–
42-179-01208Key, E. 15PluggedJan 12, 1984
42-179-01209Key, E. 14Shut inFeb 7, 1957
42-179-01210Key, E. 12ActiveMar 21, 1956
42-179-01211Key, E. 17Shut inSep 17, 1957
42-179-01213Key, E. 19PluggedJan 12, 1984
42-179-01214Key, E. 16ActiveSep 12, 1957
42-179-01718Key, E. 5PluggedJan 12, 1984
42-179-01722Key, E. 8ActiveJun 20, 1949
42-179-01723Key, E. 9PluggedJan 12, 1984
42-179-01724Key, E. 10Shut inOct 18, 1949
42-179-01725Key, E. 11PluggedJan 12, 1984
42-179-01727Key, E. 23ActiveNov 16, 1958
42-179-01728Key, E. 24ActiveAug 15, 1959
42-179-32114Key, E. 25ActiveJun 11, 1995
42-179-32160Key, E. 26ActiveApr 4, 1996
42-179-83314Key, E. 6PluggedJan 7, 1998
42-179-83325Key, E. 18WActiveDec 17, 1969
42-179-83327Key, E. 20PluggedJan 12, 1984

9 of the 20 wells are marked plugged in the Railroad Commission's wellbore records. 11 are not plugged. A plugged well is closed for good. A well that is not plugged can be put back on production, and its operator still owes the plugging.

SourceTexas Railroad Commission production records and full wellbore file.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers25Jan 1, 2023–
Kimrad Transport, LPOilGathers25Feb 1, 2022–
Mission Petroleum Carriers, Inc.OilGathers25Feb 1, 2022–
Plains Marketing, L.p.OilGathers25Feb 1, 2022–
Iacx Rock Creek LLCCasinghead gasGathers100Sep 1, 2022Jan 1, 2023
Iacx Rock Creek LLCCasinghead gasBuys100Sep 1, 2022Jan 1, 2023
Eastex Crude CompanyOilGathers25Feb 1, 2022Jan 1, 2023
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2021Feb 1, 2022
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Feb 1, 2022
Eastex Crude CompanyOilGathers100Feb 1, 2006Feb 1, 2022

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

280 acres on the newest permit

  • Good to know

    27 well completions are on file for this lease

    The count is of completions in the wellbore records, so a well completed more than once is counted each time. Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Key, E.
API numberWell no.Acreson the permit
42-179-3216026280
42-179-3211425280
42-179-0119313–
42-179-0120721–
42-179-0120815–
42-179-0120914–
42-179-0120914W–
42-179-0121012–
42-179-0121117–
42-179-0121319–
42-179-0121416–
42-179-017122–

SourceRailroad Commission drilling permits, Oct 31, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for KEY, E.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Aug 2026No report––$83.90$2.78
Jul 2026Large Operating320$80.46$2.89
Jun 2026Large Operating200155$84.81$3.15
May 2026Large Operating158349$102.13$2.94
Apr 2026Large Operating1380$100.32$2.77
Mar 2026Large Operating470$91.38$3.04
Feb 2026Large Operating69152$64.51$3.62
Jan 2026Large Operating270$60.04$7.72
Dec 2025Large Operating195161$57.97$4.26
Nov 2025Large Operating172151$60.06$3.79
Oct 2025Large Operating215305$60.89$3.19
Sep 2025Large Operating223155$63.96$2.97
Aug 2025Large Operating226168$64.86$2.91
Jul 2025Large Operating169301$68.39$3.20
Jun 2025Large Operating173170$68.17$3.02
May 2025Large Operating185160$62.17$3.12
Apr 2025Large Operating143174$63.54$3.42
Mar 2025Large Operating1150$68.24$4.12
Feb 2025Large Operating154322$71.53$4.19
Jan 2025Large Operating228165$75.74$4.13
Dec 2024Large Operating226171$70.12$3.01
Nov 2024Large Operating194165$69.95$2.12
Oct 2024Large Operating171148$71.99$2.20
Sep 2024Large Operating186171$70.24$2.28
Aug 2024Large Operating116274$76.68$1.99
Jul 2024Large Operating410$81.80$2.07
Jun 2024Large Operating141176$79.77$2.54
May 2024Large Operating234168$80.02$2.12
Apr 2024Large Operating233172$85.35$1.60
Mar 2024Large Operating188332$81.28$1.49
Feb 2024Large Operating1470$77.25$1.72
Jan 2024Large Operating177344$74.15$3.18
Dec 2023Large Operating216174$71.90$2.52
Nov 2023Large Operating217153$77.69$2.71
Oct 2023Large Operating245333$85.64$2.98
Sep 2023Large Operating255178$89.43$2.64

No report filed

SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.

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Nearby

Large Operating LLC in Gray County

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Panhandle Gray County Field field

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