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Texas oil lease

Producing

KEYSTONE HOLT UNIT

Keystone Holt Unit is an oil lease in Winkler County, Texas, operated by Basin Oil & Gas Operating, LLC in the Keystone (Consolidated) field.

137 wells

276,402bbl oil, last 12 months−21% vs prior year
RRC lease
08-47085

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas, last 12 months
310,905 mcf
Oil in Jul 2026
23,706 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for KEYSTONE HOLT UNIT, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 276,402 bbl in the 12 months through Jul 2026, against 351,457 bbl in the 12 months before.Last 12 months: 276,402 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for KEYSTONE HOLT UNIT, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 276,402 bbl in the 12 months through Jul 2026, against 351,457 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

61% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Feb 2025.

  • Processing plant (3)
  • Flared (4)
61% of the gas went to flaring in the last 12 monthsShare of KEYSTONE HOLT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 61% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
61% of the gas went to flaring in the last 12 monthsShare of KEYSTONE HOLT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 61% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    61% · 188,843 mcf

  • Processing plant (3)

    39% · 122,062 mcf

60.7% of the gas flared in the last 12 months. 21 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Apr 2022

Operators of this lease over timeXTO Energy Inc., Jan 2020 to Apr 2020; Meco IV, LLC, May 2020 to Jun 2021; Meco IV Holdco, LLC, Jul 2021 to Mar 2022; Basin Oil & Gas Operating, LLC, Apr 2022 to Jul 20262020202120222023202420252026Changed May 2020Changed Jul 2021Changed Apr 2022XTO Energy Inc.Jan 2020 to Apr 2020Meco IV, LLCMay 2020 to Jun 2021Meco IV Holdco, LLCJul 2021 to Mar 2022Basin Oil & Gas Operating, LLCApr 2022 to now
Operators of this lease over timeXTO Energy Inc., Jan 2020 to Apr 2020; Meco IV, LLC, May 2020 to Jun 2021; Meco IV Holdco, LLC, Jul 2021 to Mar 2022; Basin Oil & Gas Operating, LLC, Apr 2022 to Jul 20262020202120222023202420252026Changed May 2020Changed Jul 2021Changed Apr 2022XTO Energy Inc.Jan 2020 to Apr 2020Meco IV, LLCMay 2020 to Jun 2021Meco IV Holdco, LLCJul 2021 to Mar 2022Basin Oil & Gas Operating, LLCApr 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

137 wells on this lease

Wells on KEYSTONE HOLT UNIT
API numberWell no.Status
42-495-00399711Shut-in
42-495-00404710Shut-in
42-495-00413708WActive
42-495-00417712Active
42-495-00432706WActive
42-495-00444701Active
42-495-00446702WActive
42-495-00449707WActive
42-495-00459703WActive
42-495-00460709WActive
42-495-00881103Shut-in
42-495-00884102Shut-in
42-495-00888105Active
42-495-00892107WActive
42-495-00904104Shut-in
42-495-01164984WActive
42-495-01166986Active
42-495-01168988Shut-in
42-495-01171991WActive
42-495-01183948WActive
42-495-01207930WActive
42-495-01211917Active
42-495-01217923WActive
42-495-01221927Active
42-495-01225910Active
42-495-01226911WActive
42-495-01227912Shut-in
42-495-01228913WActive
42-495-01240901Active
42-495-01248994WActive
42-495-01251997WActive
42-495-012549100WActive
42-495-012559101Active
42-495-012579103WActive
42-495-012589104Active
42-495-012649110WActive
42-495-012689114Active
42-495-012719117Active
42-495-012749120Active
42-495-012769122Shut-in
42-495-012779123Shut-in
42-495-012789124WActive
42-495-013759228WActive
42-495-01887801WActive
42-495-025611403Active
42-495-025621401Active
42-495-034161111WActive
42-495-034201112Active
42-495-034211108WActive
42-495-034271109Active
42-495-034301203Shut-in
42-495-034311204Active
42-495-034681303WActive
42-495-034691304Shut-in
42-495-03689249Active
42-495-03690250WActive
42-495-03691251Active
42-495-03692252WActive
42-495-03693253HActive
42-495-03694254WActive
42-495-03700240WActive
42-495-03701241WActive
42-495-03705245WActive
42-495-03708248Shut-in
42-495-03760403Shut-in
42-495-03855304Shut-in
42-495-03912636WActive
42-495-03913637WActive
42-495-03914638WActive
42-495-03915639WActive
42-495-03916640HShut-in
42-495-03917641Active
42-495-03920644Active
42-495-03921645Active
42-495-03922646WActive
42-495-03923647Shut-in
42-495-03924648WActive
42-495-03925649WActive
42-495-03927651WActive
42-495-03928652WActive
42-495-03929653WActive
42-495-03930654Active
42-495-03931655WActive
42-495-03936660WActive
42-495-03941665Active
42-495-03942666WActive
42-495-03958611WActive
42-495-03964602WActive
42-495-03966604WActive
42-495-04120503Shut-in
42-495-04121504WActive
42-495-04123506Shut-in
42-495-04125509Active
42-495-04129514WActive
42-495-042851001Shut-in
42-495-042891002WActive
42-495-045631502WActive
42-495-06438704WActive
42-495-06439705WActive
42-495-301969317WActive
42-495-301989316WActive
42-495-30232668WActive
42-495-303629318Shut-in
42-495-303639319WActive
42-495-303949321WActive
42-495-304379323Shut-in
42-495-304399322Active
42-495-304419324Active
42-495-305069326Active
42-495-305079325WActive
42-495-305359327Shut-in
42-495-305369328Active
42-495-308949330Active
42-495-308959329Active
42-495-309049331Active
42-495-309899333WActive
42-495-309909332Active
42-495-310899334Active
42-495-310939335Shut-in
42-495-310979337Active
42-495-314099338Active
42-495-314139341Active
42-495-314149339Active
42-495-314189340Active
42-495-317509344WActive
42-495-324279346Active
42-495-324359345Active
42-495-324579349Shut-in
42-495-327429350WActive
42-495-327539354Active
42-495-327549351Shut-in
42-495-327559357Shut-in
42-495-327569358Active
42-495-327579355Shut-in
42-495-327589352Active
42-495-327599356HActive
42-495-327609353Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Nov 1, 2021–
Gibson Energy Marketing, LLCOilGathers50Nov 1, 2021–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Sep 1, 2015–
Energy Transfer CompanyCasinghead gasBuys100Sep 1, 2015Oct 1, 2023
Gibson Energy Marketing, LLCOilGathers100Jul 2, 2021Nov 1, 2021
Enterprise Crude Oil LLCOilGathers50May 1, 2020Jul 2, 2021
Gibson Energy Marketing, LLCOilGathers50May 1, 2020Jul 2, 2021
Shell Trading (Us) CompanyOilGathers100Mar 1, 2020May 1, 2020
Enterprise Crude Oil LLCOilGathers100Nov 1, 2019Mar 1, 2020

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

5,640 acres on the newest permit

The wells on this lease state different acreage

The permits state between 1,040 and 5,640 acres.

140 wells are listed on this lease

Permits for Keystone Holt Unit
API numberWell no.Acreson the permit
42-495-100519359H5,640
42-495-03693253H5,640
42-495-327599356H5,640
42-495-037112351,040
42-495-0343112045,640
42-495-3276093535,640
42-495-3275693585,640
42-495-3275893525,640
42-495-3275593575,640
42-495-3275793555,640
42-495-3275393545,640
42-495-3275493515,640

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

Estimate your royalty

36 months, newest first

Ledger for KEYSTONE HOLT UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Basin Oil23,70624,60830,713030,713$80.46$2.89
Jun 2026Basin Oil22,32522,60327,60024927,351$84.81$3.15
May 2026Basin Oil24,05624,13225,015025,015$102.13$2.94
Apr 2026Basin Oil30,19227,58619,8544,16015,694$100.32$2.77
Mar 2026Basin Oil27,02925,57020,6447,97212,672$91.38$3.04
Feb 2026Basin Oil20,29819,95925,71419,1566,558$64.51$3.62
Jan 2026Basin Oil23,11822,53227,35418,9148,440$60.04$7.72
Dec 2025Basin Oil22,38122,81819,53618,922614$57.97$4.26
Nov 2025Basin Oil19,46418,64119,21016,2602,950$60.06$3.79
Oct 2025Basin Oil22,28621,53723,09322,553540$60.89$3.19
Sep 2025Basin Oil21,18622,05331,37513,76517,610$63.96$2.97
Aug 2025Basin Oil20,36119,82640,79711140,686$64.86$2.91
Jul 2025Basin Oil25,61525,20142,01351341,500$68.39$3.20
Jun 2025Basin Oil24,26824,24845,53453445,000$68.17$3.02
May 2025Basin Oil27,26327,16047,46496446,500$62.17$3.12
Apr 2025Basin Oil29,26029,46945,0676745,000$63.54$3.42
Mar 2025Basin Oil30,33730,51239,950039,950$68.24$4.12
Feb 2025Basin Oil28,27627,4487,59707,597$71.53$4.19
Jan 2025Basin Oil31,11831,42520,62912,2878,342$75.74$4.13
Dec 2024Basin Oil33,40133,84318,11718,1170$70.12$3.01
Nov 2024Basin Oil31,19931,64628,15418,6999,455$69.95$2.12
Oct 2024Basin Oil30,36629,74125,70214,22311,479$71.99$2.20
Sep 2024Basin Oil29,01229,72023,91712,63911,278$70.24$2.28
Aug 2024Basin Oil31,34231,11912,40612,4060$76.68$1.99
Jul 2024Basin Oil33,50831,08811,69111,6910$81.80$2.07
Jun 2024Basin Oil29,38729,29912,00712,0070$79.77$2.54
May 2024Basin Oil26,64327,05213,81013,8100$80.02$2.12
Apr 2024Basin Oil27,34226,83613,90013,9000$85.35$1.60
Mar 2024Basin Oil25,97025,57516,37016,3700$81.28$1.49
Feb 2024Basin Oil23,32522,39417,83617,8360$77.25$1.72
Jan 2024Basin Oil25,34625,81425,17525,1750$74.15$3.18
Dec 2023Basin Oil24,93626,26625,87725,8770$71.90$2.52
Nov 2023Basin Oil27,71126,02014,00814,0080$77.69$2.71
Oct 2023Basin Oil22,41423,49514,57214,5720$85.64$2.98
Sep 2023Basin Oil25,57924,55831,09931,0990$89.43$2.64
Aug 2023Basin Oil24,69125,10429,51229,5120$81.39$2.58

Flared above 3%

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

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Nearby

Basin Oil & Gas Operating, LLC in Winkler County

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