LEASES · O-10-46985 · OIL · DISTRICT 08

East Keystone (San a Holt Unit)

Reporting

Formentera Operations LLC · Winkler County · Keystone (Consolidated) field

East Keystone (San A Holt Unit) is an RRC oil lease (O-10-46985) in Winkler County operated by Formentera Operations LLC, with 76 wells completed on it.

It has reported 264K barrels of oil and 109K mcf of gas since September 2015, last reporting volume in April 2026 (statewide data runs through April 2026).

The last 12 reported months total 6.97K barrels of oil, down 13% on the year before; the lease peaked at 4.66K barrels in January 2019.

4 operators have filed production on it, most recently Formentera Operations LLC since May 2024.

264K
bbl oil, all reported
109K
mcf gas incl. casinghead
6.97K
bbl oil, last 12 reported
-13%
vs the 12 before
76
wells completed on it
4.66K
peak month, bbl (Jan 2019)

PDQ LEASE REPORTS · FIRST SEP 2015 · 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 6,968 · prior 12 7,996(-13%)

02K4K6K2017201820192020202120222023202420252026

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 2,310 · prior 12 1,854(+25%)

02K4K2017201820192020202120222023202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps exponential curve fitted to the 86 reporting months of oil since the peak in Jan 2019. 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.

25%
first-year decline from the peak (nominal Di 29%)
0.0
b factor (exponential)
0.81
fit R²
18.3K
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 6,968 · prior 12 7,996(-13%)

02K4K6K2019202020212022202320242025202620272028

Fitted exponential curve from the Jan 2019 peak, dashed 24 months past the last report

Projected monthOct 2026Apr 2027Oct 2027Apr 2028
On the curve, bbl per month386333288249

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. Merit Energy CompanySep 2015 → Nov 2016 · 15 mo
  2. Blackbeard Operating, LLCDec 2016 → May 2021 · 54 mo
  3. Saddleback Exploration, LLCJun 2021 → Apr 2024 · 35 mo
  4. Formentera Operations LLCMay 2024 → Jul 2026 · 27 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

76

wells completed on the lease

Shut IN
32
Injection
19
Plugged
16
Producing
9

Newest permits

All 76 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.

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