RAMSEY

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the MARSHALL (MIDDLE WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195501District 02Field 577193742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Dec 2002 – May 2026
Value, last 12 filed months
$297 k
at the published price for each month
Months reported
282
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 81 leases and 81 wells, and the rule below applies to all of them.

Discovered
2001-06-16
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-01-15.

The Commission's schedule remark for this field reads: MARSHALL (MIDDLE WILCOX) FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112005-08-19154576
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition7,658 bbl$345,062
GasProduction233,127 Mcf$1,302,911
Total$1,647,973

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 28.6956, -97.5322. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.69555, -97.53220 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,450 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 12,450 ft.

Completions filed
Feb 2003
1 of 1 wells

1 well

42-17533461B 112,450 ftFeb 2003

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 (282)

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

282 months

May 202600106.413.05$0
Apr 202637017,00498.932.87$85,401
Mar 2026010389.753.15$324
Feb 20261971,13563.503.75$16,766
Jan 20261942,20959.138.00$29,139
Dec 202501,58256.664.41$6,982
Nov 202502558.593.93$98
Oct 20251951,99859.383.30$18,182
Sep 2025011,30162.743.08$34,772
Aug 20251969,43163.933.01$40,962
Jul 202506,49966.743.32$21,545
Jun 20253595,95166.483.13$42,485
May 20251841,61160.553.23$16,348
Apr 202501,00262.363.54$3,550
Mar 2025062867.704.27$2,681
Feb 2025087170.884.34$3,781
Jan 202501,02874.324.28$4,398
Dec 202401,09268.993.12$3,409
Nov 20240769.052.20$15
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024010278.812.20$224
Apr 2024012984.451.66$214
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
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 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200959074.593.75$4,401
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200908054.743.93$314
Apr 200906646.773.59$237
Mar 200902242.144.06$89
Feb 200904532.814.63$208
Jan 200901435.865.37$75
Dec 200803737.105.98$221
Nov 200807455.496.86$508
Oct 200802875.246.92$194
Sep 2008042101.767.88$331
Aug 2008053114.228.48$450
Jul 2008058131.0811.39$661
Jun 2008027131.3313.03$352
May 20080133123.1711.57$1,539
Apr 20083644110.3110.45$4,431
Mar 2008051101.909.66$493
Feb 2008010592.538.77$921
Jan 200809890.388.21$804
Dec 2007015088.337.30$1,095
Nov 2007044291.677.29$3,223
Oct 2007077182.856.92$5,337
Sep 200701,20375.846.24$7,512
Aug 20071781,38869.066.39$21,159
Jul 2007069470.906.39$4,433
Jun 200701,21762.007.55$9,186
May 200701,32958.747.85$10,428
Apr 2007071659.617.81$5,589
Mar 200701,39656.927.30$10,194
Feb 2007087355.108.22$7,173
Jan 2007087950.306.73$5,913
Dec 20061841,33656.656.92$19,667
Nov 200601,43754.207.62$10,946
Oct 200601,52854.906.01$9,189
Sep 200601,38360.085.04$6,966
Aug 200601,60168.717.34$11,751
Jul 200601,80869.376.34$11,468
Jun 20061721,44966.286.38$20,650
May 200601,32966.016.42$8,539
Apr 200601,23164.397.36$9,061
Mar 20061471,66456.707.08$20,121
Feb 200601,43657.597.75$11,131
Jan 200601,91160.598.93$17,072
Dec 20051901,78554.9413.42$34,385
Nov 200502,66354.6910.59$28,197
Oct 200501,77658.3413.80$24,501
Sep 200501,00161.4512.08$12,091
Aug 200516423761.519.80$12,409
Jul 2005067155.697.84$5,263
Jun 200502,86852.337.38$21,169
May 200501,27345.226.65$8,467
Apr 20051882,39149.207.36$26,849
Mar 200501,23550.377.15$8,836
Feb 200501,87945.226.31$11,860
Jan 20051913,64543.166.32$31,288
Dec 20041914,53639.866.75$38,236
Nov 20041873,77945.286.33$32,390
Oct 200401,97449.706.52$12,861
Sep 2004190043.245.28$8,216
Aug 20040042.375.55$0
Jul 200402338.286.08$140
Jun 200401,14136.106.43$7,340
May 20041933,12137.486.49$27,503
Apr 2004068834.475.86$4,031
Mar 200409634.365.53$531
Feb 20041922,31932.455.51$19,007
Jan 200401,98732.036.30$12,517
Dec 20031904,02030.266.30$31,082
Nov 20031893,69628.804.60$22,427
Oct 200342,16728.174.76$10,427
Sep 20030026.314.75$0
Aug 20031991,50829.765.13$13,658
Jul 200354,76829.415.17$24,802
Jun 200357810,81128.565.98$81,189
May 200357416,85526.595.97$115,932
Apr 20031,17623,11526.675.41$156,353
Mar 200358631,24331.146.10$208,707
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$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.

Apr 2026 — as filed, then multipliedworked
Condensate           370 bbl  × $ 98.93 =    $36,604
Gas               17,004 Mcf  × $  2.87 =    $48,797

────────────────────────────────────────────────────
Month total                                  $85,401

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/195501 is the state's own key, not one this site invented.