RALLY

Operated by RED ARROW ENERGY, LLC (P-5 696640) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15051District 01Field 69981125OilCasinghead gasSaveExport
Value, all time
$1.8 M
Jun 2008 – Jul 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
98
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-06-17.

The Commission's schedule remark for this field reads: LEASE PLAT. PRORATION PLAT IS NOT REQUIRED.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition21,180 bbl$1,724,153
Casinghead gasProduction15,889 Mcf$102,256
Total$1,826,410

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.7205, -99.2752. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

28.72046, -99.27518 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,772 ft
2 wells filed one
Completion to plug
7.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 6,456 and 11,087 ft, median 8,772 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2008
2 of 2 wells
Plug dates filed
Apr 2014 – Aug 2017
2 of 2 wells

Last completion to plug: a median of 7.5 years across the 2 wells that filed both dates, with the middle half between 6.7 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-163333611H6,456 ftJun 2008Apr 2014Yes
42-16333064211,087 ftJun 2008Aug 2017Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (98)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

98 months

Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011562098.134.40$55,149
Apr 20113340105.964.33$35,391
Mar 2011341096.364.06$32,859
Feb 2011339085.644.18$29,032
Jan 2011515086.504.59$44,548
Dec 2010337085.734.35$28,891
Nov 20101,006080.843.80$81,325
Oct 20101,233078.103.51$96,297
Sep 2010354072.633.98$25,711
Aug 2010163073.684.42$12,010
Jul 2010356072.554.74$25,828
Jun 2010316070.364.91$22,234
May 2010164071.124.24$11,664
Apr 2010356081.694.12$29,082
Mar 2010359078.394.39$28,142
Feb 2010180073.585.44$13,244
Jan 20100074.365.96$0
Dec 2009150071.445.48$10,716
Nov 2009184074.593.75$13,725
Oct 2009551072.544.11$39,970
Sep 2009340065.543.06$22,284
Aug 2009202067.423.22$13,619
Jul 2009212061.133.46$12,960
Jun 20093834866.163.90$25,526
May 200934019654.743.93$19,381
Apr 200937418746.773.59$18,163
Mar 20093741,24742.144.06$20,822
Feb 20097341,66932.814.63$31,815
Jan 200936542235.865.37$15,355
Dec 20085511,26537.105.98$28,003
Nov 20081,1273,51355.496.86$86,638
Oct 20082,0294,38975.246.92$183,043
Sep 20082,8672,515101.767.88$311,557
Aug 20083,482438114.228.48$401,430
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2011 — as filed, then multipliedworked
Oil                  562 bbl  × $ 98.13 =    $55,149
Casinghead gas         0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                  $55,149

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/O/15051 is the state's own key, not one this site invented.