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KEYHOLE 43

Keyhole 43 is an oil lease in Reeves County, Texas, operated by PDC Permian, Inc. in the Phantom (Wolfcamp) field.

1 well

11,770bbl oil, last 12 months−17% vs prior year
Operator
PDC Permian, Inc.
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-48650

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
25,975 mcf
Oil in Jul 2026
303 bbl

Production by month

Oil output fell 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for KEYHOLE 43, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 11,770 bbl in the 12 months through Jul 2026, against 14,175 bbl in the 12 months before.Last 12 months: 11,770 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for KEYHOLE 43, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 11,770 bbl in the 12 months through Jul 2026, against 14,175 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2023 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Dec 2023 the lease's gas goes to a transmission line instead of lease fuelShare of KEYHOLE 43 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2023 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2023: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2023 the lease's gas goes to a transmission line instead of lease fuelShare of KEYHOLE 43 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2023 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Dec 23: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 25,974 mcf

  • Flared (4)

    0.0% · 1 mcf

1 well on this lease

Wells on KEYHOLE 43
API numberWell no.Status
42-389-351331HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Badlands Tank Lines, LLCOilGathers50Jan 1, 2024–
Oryx Delaware Oil Transport LLCOilGathers50Jan 1, 2024–
Kinetik Holdings LPCasinghead gasBuys100Jan 1, 2024–
Kinetik Holdings LPCasinghead gasGathers100Jan 1, 2024–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Dec 1, 2018Jan 1, 2024
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Dec 7, 2016Jan 1, 2024
Badlands Tank Lines, LLCOilGathers100Nov 7, 2022Jan 1, 2024
Pilot Travel Centers LLCOilGathers50Nov 1, 2020Nov 7, 2022
Rocky Mountain Crude Oil LLCOilGathers50Nov 1, 2020Nov 7, 2022
Pilot Travel Centers LLCOilGathers100Oct 1, 2019Nov 1, 2020

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

Who buys my oilOil price check

640 acres on the newest permit

Check your decimal on this lease
Permits for Keyhole 43
API numberWell no.Acreson the permit
42-389-351331H640

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

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36 months, newest first

Ledger for KEYHOLE 43
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263033875255241$80.46$2.89
Jun 20268337511,7241,7240$84.81$3.15
May 20261,0049422,0012,0010$102.13$2.94
Apr 20261,0131,1181,7341,7340$100.32$2.77
Mar 20268699121,4521,4520$91.38$3.04
Feb 20269708931,9801,9800$64.51$3.62
Jan 20269731,1372,1472,1470$60.04$7.72
Dec 20259819492,0202,0200$57.97$4.26
Nov 20251,1271,1013,2363,2360$60.06$3.79
Oct 20251,2601,4773,6443,6440$60.89$3.19
Sep 20251,2291,0233,2243,2240$63.96$2.97
Aug 20251,2081,1222,2882,2880$64.86$2.91
Jul 20251,0511,2509799790$68.39$3.20
Jun 20251,1741,1401,3201,3200$68.17$3.02
May 20251,0399217987980$62.17$3.12
Apr 20251,4021,3422,8182,8180$63.54$3.42
Mar 20251,4171,3293,1803,1800$68.24$4.12
Feb 20259591,0161,7841,7840$71.53$4.19
Jan 20257939591901900$75.74$4.13
Dec 20241,3481,3393293290$70.12$3.01
Nov 20241,3171,1388908900$69.95$2.12
Oct 20241,2261,3298538530$71.99$2.20
Sep 20241,1619534602930$70.24$2.28
Aug 20241,2881,4117735424$76.68$1.99
Jul 20241,3581,4481,7531,57511$81.80$2.07
Jun 20241,1571,1171,9251,9241$79.77$2.54
May 20241,2681,1172,0292,0263$80.02$2.12
Apr 20241,2171,4012,1742,15519$85.35$1.60
Mar 20241,4361,5012,0121,9821$81.28$1.49
Feb 20241,5971,4942,4052,35055$77.25$1.72
Jan 20241,6221,9062,7122,30614$74.15$3.18
Dec 20231,9171,8872,1562,11937$71.90$2.52
Nov 20231,0557617101684$77.69$2.71
Oct 20232,5552,8282,9682,9680$85.64$2.98
Sep 20234,7014,8117,7747,7290$89.43$2.64
Aug 20233,6923,2734,7554,58322$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorPDC Permian, Inc.FieldPhantom (Wolfcamp)CountyReeves County

PDC Permian, Inc. in Reeves County

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Phantom (Wolfcamp) field

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