RAY, GEORGE A.

Operated by OWL CREEK PRODUCTION CO., INC. (P-5 629887) in the TULSITA-WILCOX (ERA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8039District 02Field 91775015OilCasinghead gasSaveExport
Value, all time
$859 k
Dec 1994 – Sep 2003
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
106
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1990-05-26
as the register files it
Field class
Oil and 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: AOF-1 AND AOF-2 EFFECTIVE 09/01/1999.

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
OilDisposition29,554 bbl$570,837
Casinghead gasProduction192,519 Mcf$287,765
Total$858,602

91,961 Mcf of this lease's gas, across 25 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 28.6537, -97.7663. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.65368, -97.76633 · 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
9,752 ft
1 wells filed one
Completion to plug
20 months
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 9,752 ft.

Completions filed
May 2008
1 of 1 wells
Plug dates filed
Jan 2010
1 of 1 wells

Last completion to plug: a median of 20 months across the 1 well that filed both dates, with the middle half between 20 months and 20 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0253256519,752 ftMay 2008Jan 2010Yes

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 (106)

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

106 months

Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003323026.675.41$8,614
Mar 2003190031.146.10$5,917
Feb 20030033.487.93$0
Jan 2003185030.315.58$5,607
Dec 20020026.914.85$0
Nov 2002184024.664.14$4,537
Oct 200209626.464.23$406
Sep 200233823627.443.64$10,133
Aug 2002058025.963.16$1,835
Jul 2002056724.583.06$1,736
Jun 200236485123.733.34$11,479
May 2002075324.663.58$2,699
Apr 2002097323.653.51$3,417
Mar 200255154622.003.10$13,816
Feb 2002049318.222.38$1,171
Jan 200218639817.172.38$4,139
Dec 2001077816.932.36$1,840
Nov 200150672218.072.41$10,880
Oct 2001084919.782.53$2,147
Sep 2001095124.262.25$2,141
Aug 200118764024.873.05$6,605
Jul 2001083423.933.20$2,666
Jun 20013511,11624.563.82$12,888
May 2001080325.524.31$3,459
Apr 20011861,11624.685.34$10,545
Mar 20013681,24224.545.38$15,708
Feb 200118675627.755.77$9,521
Jan 200101,04227.478.40$8,752
Dec 20001861,16126.889.12$15,591
Nov 200054351132.215.66$20,381
Oct 20001901,02231.235.15$11,192
Sep 2000287331.875.19$4,592
Aug 20003591,01229.644.54$15,236
Jul 20001811,11528.534.09$9,724
Jun 200036196329.304.40$14,812
May 20001841,15727.263.68$9,273
Apr 20003711,10324.513.12$12,530
Mar 20001741,16428.422.86$8,274
Feb 20003601,54127.622.73$14,145
Jan 20005621,10925.272.48$16,953
Dec 19991821,03124.282.42$6,918
Nov 19993571,18123.192.43$11,153
Oct 19993681,39720.982.80$11,637
Sep 19993641,70321.752.62$12,377
Aug 19991791,89819.262.88$8,905
Jul 19993591,31117.892.37$9,533
Jun 19993621,04215.942.36$8,232
May 19991841,48215.792.32$6,345
Apr 19993611,43115.102.21$8,611
Mar 19993601,92512.471.84$8,028
Feb 19993661,3229.981.82$6,056
Jan 19993481,54810.381.90$6,553
Dec 19987241,9149.201.77$10,055
Nov 199801,41410.892.19$3,091
Oct 19985231,79812.421.97$10,036
Sep 19983622,47612.592.08$9,714
Aug 19981881,76511.301.91$5,491
Jul 19981941,73111.742.24$6,150
Jun 19983662,22811.242.24$9,098
May 199832,49412.622.21$5,540
Apr 19984031,99013.042.51$10,241
Mar 19983562,25812.802.31$9,772
Feb 19982001,65113.952.30$6,586
Jan 19985792,12814.702.15$13,097
Dec 199731,96416.322.41$4,784
Nov 19971952,44618.193.09$11,101
Oct 19975592,39319.253.15$18,298
Sep 19973832,26517.742.95$13,487
Aug 199743,38417.862.55$8,717
Jul 19975542,75317.582.25$15,925
Jun 199732,39417.242.26$5,455
May 19975902,44818.972.31$16,844
Apr 19972022,45717.882.08$8,729
Mar 19971972,62518.951.94$8,823
Feb 19973982,49920.492.21$13,668
Jan 19975882,73923.483.54$23,501
Dec 19963972,74923.32$9,258
Nov 19964013,04521.97$8,810
Oct 19965572,97723.31$12,984
Sep 19962002,55022.22$4,444
Aug 19963662,65320.26$7,415
Jul 199663,05319.55$117
Jun 19963433,40818.73$6,424
May 19965923,67819.43$11,503
Apr 19963652,45321.51$7,851
Mar 19962002,65519.38$3,876
Feb 19963662,85416.98$6,215
Jan 19961913,89817.07$3,260
Dec 19955693,76317.19$9,781
Nov 19955674,16316.00$9,072
Oct 19955874,47315.43$9,057
Sep 19955724,57616.18$9,255
Aug 19955425,00415.92$8,629
Jul 19953584,01215.24$5,456
Jun 19955954,18116.41$9,764
May 19955594,58317.56$9,816
Apr 19957463,66217.73$13,227
Mar 1995134,97116.44$214
Feb 19955764,05016.58$9,550
Jan 19955874,37715.92$9,345
Dec 19943574,17315.03$5,366

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 2003 — as filed, then multipliedworked
Oil                  323 bbl  × $ 26.67 =     $8,614
Casinghead gas         0 Mcf  × $  5.41 =         $0

────────────────────────────────────────────────────
Month total                                   $8,614

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/O/8039 is the state's own key, not one this site invented.