RAYWOOD INVESTMENTS

Operated by BALLARD EXPLORATION COMPANY,INC. (P-5 48169) in the RAYWOOD (EAST COOK MOUNTAIN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 185403District 03Field 74993575CondensateGasSaveExport
Value, all time
$24.6 M
Jun 2001 – Mar 2006
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
58
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
2001-06-10
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: AOF-1 AND AOF-2 EFFECTIVE 06/01/2002.

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
CondensateDisposition212,222 bbl$6,014,467
GasProduction3,886,585 Mcf$18,567,304
Total$24,581,771

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 30.0041, -94.6433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.00406, -94.64335 · 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
13,915 ft
1 wells filed one
Completion to plug
9.8 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 13,915 ft.

Completions filed
Feb 2016
1 of 1 wells
Plug dates filed
Nov 2025
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29132390113,915 ftFeb 2016Nov 2025Yes

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 (58)

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

58 months

Mar 20060056.707.08$0
Feb 2006112057.597.75$6,450
Jan 200641920060.598.93$27,174
Dec 2005020054.9413.42$2,683
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 200558211,93161.4512.08$179,878
Aug 200583019,38861.519.80$240,994
Jul 200599519,40155.697.84$207,586
Jun 200555719,28352.337.38$171,476
May 20051,08819,06645.226.65$176,010
Apr 20051,27519,94149.207.36$209,505
Mar 200586020,32750.377.15$188,755
Feb 200595617,50245.226.31$153,702
Jan 200573516,83243.166.32$138,138
Dec 20041,09723,66539.866.75$203,491
Nov 20041,27330,06545.286.33$247,966
Oct 20041,80937,18649.706.52$332,178
Sep 20041,90738,74543.245.28$287,183
Aug 20041,70042,80942.375.55$309,647
Jul 20041,90643,33838.286.08$336,638
Jun 20041,83743,14236.106.43$343,849
May 20042,44545,68637.486.49$388,350
Apr 20042,08147,69034.475.86$351,122
Mar 20043,07355,98334.365.53$415,182
Feb 20044,33070,32432.455.51$527,967
Jan 20044,87995,30932.036.30$756,687
Dec 20035,978112,78730.266.30$891,637
Nov 20036,733123,72828.804.60$762,460
Oct 20037,299144,57728.174.76$893,747
Sep 20037,283148,23626.314.75$895,642
Aug 20038,533153,16129.765.13$1,039,615
Jul 20038,536155,38029.415.17$1,054,489
Jun 20037,759137,49428.565.98$1,044,218
May 20036,397118,55226.595.97$878,169
Apr 20036,159112,19026.675.41$770,903
Mar 20036,603114,70431.146.10$904,858
Feb 20035,32894,08733.487.93$924,104
Jan 20035,886109,26530.315.58$788,326
Dec 20026,338115,48226.914.85$731,077
Nov 20026,354117,75524.664.14$643,837
Oct 20026,500117,05126.464.23$667,013
Sep 20026,112114,47527.443.64$583,853
Aug 20026,186117,47325.963.16$532,292
Jul 20027,663136,27224.583.06$605,589
Jun 20026,663120,71323.733.34$561,082
May 20025,82688,98024.663.58$462,573
Apr 20027,534133,73623.653.51$647,903
Mar 20029,297156,21722.003.10$689,232
Feb 20028,523131,00418.222.38$466,513
Jan 200210,892188,20917.172.38$634,140
Dec 20014,31381,64716.932.36$266,065
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20017815,39724.563.82$39,820

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.

Feb 2006 — as filed, then multipliedworked
Condensate           112 bbl  × $ 57.59 =     $6,450
Gas                    0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $6,450

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. 03/G/185403 is the state's own key, not one this site invented.