RANCH, RAY

Operated by MARQUEE CORPORATION (P-5 526675) in the PETTUS, E. (REKLAW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144333District 02Field 70988450CondensateGasSaveExport
Value, all time
$1.4 M
Jan 1993 – Jun 2011
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
222
no gaps in the span
Streams
2
condensate, 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1989-07-24
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: SUSPENDED ALLOCATION FORMULA 8/1/93

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
CondensateDisposition4,339 bbl$80,861
GasProduction627,099 Mcf$1,279,291
Total$1,360,152

292,988 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

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 28.6381, -97.7485. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.63808, -97.74851 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,209 ft
1 wells filed one
Completion to plug
18.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 8,209 ft.

Completions filed
Nov 1992
1 of 1 wells
Plug dates filed
Jun 2011
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753266818,209 ftNov 1992Jun 2011Yes

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 (222)

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

222 months

Jun 201104592.904.64$209
May 201104998.134.40$216
Apr 2011056105.964.33$243
Mar 201103296.364.06$130
Feb 20110085.644.18$0
Jan 201106186.504.59$280
Dec 201002985.734.35$126
Nov 201001280.843.80$46
Oct 201004078.103.51$140
Sep 201006372.633.98$251
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201001071.124.24$42
Apr 20100581.694.12$21
Mar 20100778.394.39$31
Feb 201002073.585.44$109
Jan 201001074.365.96$60
Dec 2009017471.445.48$954
Nov 2009015174.593.75$566
Oct 2009011772.544.11$481
Sep 200902365.543.06$70
Aug 200905267.423.22$167
Jul 200905061.133.46$173
Jun 2009015466.163.90$600
May 200904454.743.93$173
Apr 2009014746.773.59$527
Mar 2009015342.144.06$621
Feb 2009014832.814.63$686
Jan 2009010935.865.37$585
Dec 2008017237.105.98$1,028
Nov 2008015055.496.86$1,029
Oct 2008023675.246.92$1,634
Sep 20080236101.767.88$1,859
Aug 20080163114.228.48$1,383
Jul 20080173131.0811.39$1,970
Jun 20080163131.3313.03$2,124
May 20080164123.1711.57$1,898
Apr 20080177110.3110.45$1,851
Mar 20080164101.909.66$1,585
Feb 2008015692.538.77$1,368
Jan 2008021490.388.21$1,756
Dec 2007021688.337.30$1,577
Nov 2007021891.677.29$1,590
Oct 2007019982.856.92$1,377
Sep 2007017275.846.24$1,074
Aug 2007014969.066.39$952
Jul 2007027970.906.39$1,782
Jun 2007017262.007.55$1,298
May 2007027158.747.85$2,126
Apr 2007024959.617.81$1,943
Mar 2007019556.927.30$1,424
Feb 2007023155.108.22$1,898
Jan 2007027450.306.73$1,843
Dec 2006029656.656.92$2,048
Nov 2006026454.207.62$2,011
Oct 2006032254.906.01$1,936
Sep 2006028660.085.04$1,441
Aug 2006027568.717.34$2,018
Jul 2006039269.376.34$2,486
Jun 2006046566.286.38$2,969
May 2006039566.016.42$2,538
Apr 2006041064.397.36$3,018
Mar 2006047856.707.08$3,386
Feb 2006046957.597.75$3,635
Jan 2006050260.598.93$4,485
Dec 2005058654.9413.42$7,861
Nov 2005058854.6910.59$6,226
Oct 2005062658.3413.80$8,636
Sep 2005062861.4512.08$7,586
Aug 2005043361.519.80$4,242
Jul 2005051855.697.84$4,063
Jun 2005076452.337.38$5,639
May 2005064345.226.65$4,277
Apr 2005092049.207.36$6,772
Mar 2005084850.377.15$6,067
Feb 2005083845.226.31$5,289
Jan 200501,00143.166.32$6,329
Dec 2004098339.866.75$6,636
Nov 200401,09545.286.33$6,932
Oct 200401,17249.706.52$7,636
Sep 200401,21243.245.28$6,404
Aug 200401,29942.375.55$7,210
Jul 200401,32538.286.08$8,062
Jun 200401,41236.106.43$9,083
May 200401,69237.486.49$10,989
Apr 2004060034.475.86$3,515
Mar 200401,66434.365.53$9,202
Feb 200401,47032.455.51$8,099
Jan 200401,91332.036.30$12,051
Dec 200302,06930.266.30$13,038
Nov 200301,99628.804.60$9,172
Oct 200302,31228.174.76$11,004
Sep 200302,28726.314.75$10,862
Aug 200302,54529.765.13$13,055
Jul 200302,48029.415.17$12,824
Jun 200302,75228.565.98$16,465
May 200302,75126.595.97$16,431
Apr 200303,11726.675.41$16,854
Mar 20031814,43731.146.10$32,684
Feb 200303,51333.487.93$27,844
Jan 200302,54430.315.58$14,201
Dec 200201,70426.914.85$8,271
Nov 2002015924.664.14$658
Oct 2002039726.464.23$1,679
Sep 2002073227.443.64$2,661
Aug 200203,50125.963.16$11,078
Jul 200202,89724.583.06$8,870
Jun 200202,86123.733.34$9,551
May 200204,21624.663.58$15,110
Apr 200204,55823.653.51$16,009
Mar 20021664,21022.003.10$16,714
Feb 200202,86718.222.38$6,811
Jan 200202,84717.172.38$6,764
Dec 200104,80416.932.36$11,359
Nov 200102,28218.072.41$5,489
Oct 200102,84619.782.53$7,197
Sep 200102,47624.262.25$5,574
Aug 200102,94024.873.05$8,976
Jul 200104,46623.933.20$14,278
Jun 200102,78424.563.82$10,646
May 200104,63825.524.31$19,977
Apr 20011724,52624.685.34$28,393
Mar 200103,72524.545.38$20,027
Feb 200103,41927.755.77$19,718
Jan 200105,00427.478.40$42,027
Dec 200004,25926.889.12$38,853
Nov 200003,04432.215.66$17,223
Oct 20001784,49831.235.15$28,703
Sep 200003,72731.875.19$19,330
Aug 200003,85529.644.54$17,505
Jul 200004,59628.534.09$18,796
Jun 200004,10029.304.40$18,029
May 200004,69927.263.68$17,291
Apr 20001594,41724.513.12$17,660
Mar 200004,19528.422.86$11,997
Feb 200003,36027.622.73$9,161
Jan 200004,42825.272.48$10,984
Dec 199904,20024.282.42$10,180
Nov 19991615,03723.192.43$15,994
Oct 199903,98520.982.80$11,173
Sep 199903,78921.752.62$9,923
Aug 199903,78919.262.88$10,896
Jul 199903,90617.892.37$9,266
Jun 199903,44915.942.36$8,147
May 199905,25915.792.32$12,206
Apr 19991582,14515.102.21$7,122
Mar 199901,73512.471.84$3,190
Feb 199901,7279.981.82$3,139
Jan 199902,86310.381.90$5,440
Dec 199802,9889.201.77$5,299
Nov 19981603,88310.892.19$10,230
Oct 199804,40312.421.97$8,670
Sep 199803,81912.592.08$7,954
Aug 199803,66511.301.91$6,990
Jul 199804,12211.742.24$9,222
Jun 199803,78311.242.24$8,464
May 19981295,80812.622.21$14,442
Apr 199803,73513.042.51$9,357
Mar 199804,30612.802.31$9,944
Feb 199803,80513.952.30$8,748
Jan 19981324,20814.702.15$11,008
Dec 199704,50716.322.41$10,867
Nov 199704,17818.193.09$12,903
Oct 19971704,56019.253.15$17,636
Sep 199703,92117.742.95$11,586
Aug 199704,18517.862.55$10,692
Jul 199703,67117.582.25$8,249
Jun 199704,32917.242.26$9,771
May 199704,98718.972.31$11,512
Apr 199704,56717.882.08$9,512
Mar 19971334,39618.951.94$11,045
Feb 199703,62620.492.21$7,999
Jan 199704,59723.483.54$16,272
Dec 19961203,98323.32$2,798
Nov 199604,35021.97$0
Oct 199607,02723.31$0
Sep 199603,07522.22$0
Aug 199604,01920.26$0
Jul 1996573,86119.55$1,114
Jun 199604,07718.73$0
May 19961453,89219.43$2,817
Apr 199603,90621.51$0
Mar 199604,29219.38$0
Feb 199603,97016.98$0
Jan 199604,20217.07$0
Dec 1995874,45917.19$1,496
Nov 199504,26516.00$0
Oct 199504,46915.43$0
Sep 199504,50016.18$0
Aug 199509,51615.92$0
Jul 19951505,09315.24$2,286
Jun 199504,81016.41$0
May 199504,16017.56$0
Apr 199504,63217.73$0
Mar 19951754,12316.44$2,877
Feb 199503,81516.58$0
Jan 199505,16215.92$0
Dec 199405,14315.03$0
Nov 199404,64815.90$0
Oct 199405,12815.58$0
Sep 19941365,39815.29$2,079
Aug 199404,82216.13$0
Jul 199405,20717.56$0
Jun 199425,05717.09$34
May 19941176,38115.88$1,858
Apr 199403,51814.14$0
Mar 199406,57812.46$0
Feb 19941516,38712.50$1,888
Jan 199407,17912.66$0
Dec 19931788,13712.33$2,195
Nov 199307,98414.49$0
Oct 199307,44415.85$0
Sep 19931428,94315.03$2,134
Aug 199306,65815.66$0
Jul 199314010,82015.46$2,164
Jun 199317610,42816.79$2,955
May 199309,80617.68$0
Apr 199317111,22518.05$3,087
Mar 199317113,91318.14$3,102
Feb 199332213,86017.90$5,764
Jan 199308,66616.93$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.

Jun 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 92.90 =         $0
Gas                   45 Mcf  × $  4.64 =       $209

────────────────────────────────────────────────────
Month total                                     $209

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. 02/G/144333 is the state's own key, not one this site invented.