LEASES · O-10-45515 · OIL · DISTRICT 08

Keystone

Reporting

COG Operating LLC · Midland County · Spraberry (Trend Area) field

Keystone is an RRC oil lease (O-10-45515) in Midland County operated by Cog Operating LLC, with 9 wells completed on it.

It has reported 3.37M barrels of oil and 4.57M mcf of gas since April 2014, last reporting volume in April 2026 (statewide data runs through April 2026).

The last 12 reported months total 124K barrels of oil, down 12% on the year before; the lease peaked at 120K barrels in June 2018.

2 operators have filed production on it, most recently Cog Operating LLC since August 2018.

3.37M
bbl oil, all reported
4.57M
mcf gas incl. casinghead
124K
bbl oil, last 12 reported
-12%
vs the 12 before
9
wells completed on it
120K
peak month, bbl (Jun 2018)

PDQ LEASE REPORTS · FIRST APR 2014 · LAST VOLUME APR 2026 · STATEWIDE DATA THROUGH APR 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

Last 12 months 123,897 · prior 12 141,367(-12%)

050K100K150K2017201820192020202120222023202420252026

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

Last 12 months 636,137 · prior 12 469,310(+36%)

050K100K2017201820192020202120222023202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps hyperbolic curve fitted to the 95 reporting months of oil since the peak in Jun 2018. The dashed line below is that curve, drawn over the months it was fitted to and then 24 months past the last report; where it parts from the columns is where the model stops describing the lease. It describes the trend of past reports. It does not know about recompletions, shut-ins, or new wells, and it is shown only when the lease reported within the last year and the curve explains most of the history.

69%
first-year decline from the peak (nominal Di 315%)
1.5
b factor (hyperbolic)
0.91
fit R²
2.6M
bbl remaining on the curve, to 1 per month

Oil, barrels reported months since the peak, with the fitted curve and its projection

Last 12 months 123,897 · prior 12 141,367(-12%)

050K100K150K2019202020212022202320242025202620272028

Fitted hyperbolic curve from the Jun 2018 peak, dashed 24 months past the last report

Projected monthOct 2026Apr 2027Oct 2027Apr 2028
On the curve, bbl per month9,2428,8998,5858,298

Quoting a projected figure as if it were reported would be wrong; the reported figures are the ones in the charts and the table view. How production is reported →

Who reported it

Each run of months one operator filed the production report, oldest first.

  1. RSP Permian, LLCApr 2014 → Jul 2018 · 52 mo
  2. COG Operating LLCAug 2018 → Jul 2026 · 96 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

9

wells completed on the lease

Producing
9

Operates them now

Newest permits

All 9 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.

Developers: this page as JSON is GET /v1/data/leases/tx/o-10-45515, documented in the API reference.