RAGAN CREEK

Operated by DOUGLAS PETROLEUM INC. (P-5 227401) in the IOLA (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13329District 03Field 44640275NGPA filingOilCasinghead gasSaveExport
Value, all time
$345 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
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 69 leases and 70 wells, and the rule below applies to all of them.

Discovered
1980-09-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1998-06-30.

The Commission's schedule remark for this field reads: PER DOCKET 3-0219357 EFF 6-30-98, RULES MADE PERMANENT.

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
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
OilDisposition20,478 bbl$344,749
Casinghead gasProduction8,221 Mcf$499
Total$345,248

8,026 Mcf of this lease's gas, across 47 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 30.7661, -96.0992. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.76611, -96.09920 · 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
11,185 ft
1 wells filed one
Completion to plug
20.2 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 11,185 ft.

Completions filed
May 1980
1 of 1 wells
Plug dates filed
Jul 2000
1 of 1 wells

Last completion to plug: a median of 20.2 years across the 1 well that filed both dates, with the middle half between 20.2 years and 20.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18530240111,185 ftMay 1980Jul 2000Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
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 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000112028.534.09$3,195
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 1999222015.792.32$3,505
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970717.862.55$18
Jul 19970917.582.25$20
Jun 19970717.242.26$16
May 19970018.972.31$0
Apr 19971866017.882.08$3,451
Mar 199702618.951.94$50
Feb 199702620.492.21$57
Jan 19971806023.483.54$4,439
Dec 19961826023.32$4,244
Nov 19961906021.97$4,174
Oct 199605723.31$0
Sep 19961879922.22$4,155
Aug 199636517420.26$7,395
Jul 199653820619.55$10,518
Jun 199654522518.73$10,208
May 199672224019.43$14,028
Apr 199618717621.51$4,022
Mar 199636819619.38$7,132
Feb 199656222016.98$9,543
Jan 199618718517.07$3,192
Dec 199535317217.19$6,068
Nov 1995019116.00$0
Oct 199519217415.43$2,963
Sep 199552821316.18$8,543
Aug 199535217215.92$5,604
Jul 199535119915.24$5,349
Jun 199519019916.41$3,118
May 199537720717.56$6,620
Apr 199589124117.73$15,797
Mar 19951946216.44$3,189
Feb 199555820516.58$9,252
Jan 19951,60727315.92$25,583
Dec 199469927715.03$10,506
Nov 19941,26228915.90$20,066
Oct 19941,25228915.58$19,506
Sep 19941,28124815.29$19,586
Aug 199437024716.13$5,968
Jul 199417316317.56$3,038
Jun 199436018717.09$6,152
May 199451122315.88$8,115
Apr 199435119914.14$4,963
Mar 199453821312.46$6,703
Feb 19941884712.50$2,350
Jan 19940012.66$0
Dec 199305812.33$0
Nov 19935367114.49$7,767
Oct 199308015.85$0
Sep 199318317115.03$2,750
Aug 19933456815.66$5,403
Jul 1993018615.46$0
Jun 199335118616.79$5,893
May 199335719517.68$6,312
Apr 1993018318.05$0
Mar 19933598218.14$6,512
Feb 19936887817.90$12,315
Jan 19933488016.93$5,892

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.

Jul 2000 — as filed, then multipliedworked
Oil                  112 bbl  × $ 28.53 =     $3,195
Casinghead gas         0 Mcf  × $  4.09 =         $0

────────────────────────────────────────────────────
Month total                                   $3,195

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/O/13329 is the state's own key, not one this site invented.