RUTH UNIT

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15341District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.0 M
Jan 1993 – Apr 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
292
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition34,188 bbl$1,156,010
Casinghead gasProduction813,377 Mcf$2,833,412
Total$3,989,422

207,408 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 30.3488, -96.6188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.34883, -96.61880 · 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
0.0%
0 of 1 wells
Median depth
9,515 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
1100.0%
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.
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 9,515 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-0513182719,515 ftFeb 2016Yes

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 (292)

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

292 months

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 2015063442.992.76$1,749
Aug 201502640.162.87$75
Jul 201509748.152.95$286
Jun 2015017156.152.88$493
May 2015016755.212.96$494
Apr 2015024749.822.71$669
Mar 2015028142.892.93$825
Feb 2015026344.662.98$783
Jan 2015032643.433.10$1,011
Dec 2014032154.693.59$1,153
Nov 2014029670.464.25$1,259
Oct 2014010178.303.90$394
Sep 2014026586.164.05$1,072
Aug 2014070189.394.04$2,829
Jul 201401,12696.564.18$4,706
Jun 201401,19698.164.74$5,665
May 20141621,60694.734.73$22,937
Apr 201401,64395.944.81$7,901
Mar 2014077595.895.06$3,919
Feb 201401,00497.406.19$6,217
Jan 20141701,77790.404.86$24,006
Dec 201302,11491.824.35$9,205
Nov 20131741,72288.853.74$21,897
Oct 201301,62297.423.78$6,130
Sep 201301,978104.113.72$7,354
Aug 20131832,370104.253.52$27,426
Jul 201302,205102.523.72$8,198
Jun 20131872,13894.403.93$26,062
May 201303,28294.834.15$13,617
Apr 201301,52093.964.28$6,510
Mar 201301,57093.623.91$6,143
Feb 20131842,39691.233.42$24,980
Jan 201302,59091.603.42$8,858
Dec 201202,56886.773.42$8,783
Nov 20121662,85386.953.62$24,776
Oct 201203,03989.383.40$10,332
Sep 20121872,90694.672.92$26,184
Aug 20120092.662.91$0
Jul 20121852,31985.133.02$22,754
Jun 201202,15979.822.52$5,439
May 201202,27891.612.49$5,668
Apr 20121842,274101.652.00$23,244
Mar 201202,421105.052.22$5,380
Feb 20121802,258101.102.57$24,002
Jan 201202,41298.092.73$6,595
Dec 201102,30796.873.24$7,474
Nov 20111882,33795.723.31$25,734
Oct 201102,38984.983.65$8,716
Sep 20111732,59183.623.99$24,793
Aug 201102,80783.404.15$11,647
Jul 201102,89294.144.52$13,064
Jun 20111812,43492.904.64$28,108
May 201102,50698.134.40$11,038
Apr 201102,741105.964.33$11,878
Mar 20111652,79296.364.06$27,227
Feb 201102,40385.644.18$10,044
Jan 20111912,29886.504.59$27,067
Dec 201002,25685.734.35$9,809
Nov 201002,31980.843.80$8,801
Oct 20101662,63978.103.51$22,225
Sep 201002,65172.633.98$10,550
Aug 201002,93973.684.42$12,989
Jul 20101523,04672.554.74$25,455
Jun 201002,87470.364.91$14,112
May 20101932,96771.124.24$26,292
Apr 201001,30781.694.12$5,388
Mar 201002,47178.394.39$10,844
Feb 201002,33273.585.44$12,692
Jan 20101842,64074.365.96$29,427
Dec 200902,81571.445.48$15,437
Nov 20091902,63174.593.75$24,042
Oct 200902,69672.544.11$11,081
Sep 200902,65065.543.06$8,122
Aug 200902,50267.423.22$8,053
Jul 20091892,60661.133.46$20,582
Jun 200902,36066.163.90$9,192
May 20091842,30954.743.93$19,137
Apr 200901,85846.773.59$6,666
Mar 200902,23842.144.06$9,084
Feb 20091782,07532.814.63$15,454
Jan 200912,25035.865.37$12,121
Dec 20081742,33037.105.98$20,382
Nov 200802,19355.496.86$15,045
Oct 200802,50875.246.92$17,360
Sep 20081962,061101.767.88$36,180
Aug 200802,414114.228.48$20,478
Jul 200812,321131.0811.39$26,566
Jun 20081782,019131.3313.03$49,690
May 200812,314123.1711.57$26,906
Apr 200812,249110.3110.45$23,623
Mar 200812,544101.909.66$24,687
Feb 20081792,41192.538.77$37,709
Jan 200802,55690.388.21$20,974
Dec 200702,44488.337.30$17,846
Nov 200702,46391.677.29$17,959
Oct 20071782,69782.856.92$33,416
Sep 200702,48475.846.24$15,510
Aug 20071862,93669.066.39$31,600
Jul 200703,40170.906.39$21,725
Jun 20071982,29262.007.55$29,577
May 200702,19258.747.85$17,199
Apr 200702,48159.617.81$19,365
Mar 20071713,28556.927.30$33,720
Feb 20071893,22155.108.22$36,878
Jan 200703,54150.306.73$23,820
Dec 200602,85856.656.92$19,773
Nov 20061872,97254.207.62$32,775
Oct 20061933,15654.906.01$29,575
Sep 200602,85660.085.04$14,386
Aug 20061833,23368.717.34$36,304
Jul 200602,77369.376.34$17,588
Jun 200602,45366.286.38$15,660
May 20061762,52466.016.42$27,834
Apr 200612,87264.397.36$21,204
Mar 20061823,67756.707.08$36,363
Feb 20061823,23657.597.75$35,564
Jan 20061964,04560.598.93$48,011
Dec 200502,66154.9413.42$35,698
Nov 20051812,09354.6910.59$32,060
Oct 200522,03558.3413.80$28,191
Sep 20051891,34261.4512.08$27,824
Aug 200511,82261.519.80$17,911
Jul 200521,67255.697.84$13,226
Jun 200521,56852.337.38$11,678
May 20051711,70645.226.65$19,080
Apr 200521,88649.207.36$13,980
Mar 200502,24450.377.15$16,056
Feb 20051742,25245.226.31$22,083
Jan 20051922,39043.166.32$23,397
Dec 20041902,50039.866.75$24,451
Nov 20041752,62045.286.33$24,510
Oct 200412,92449.706.52$19,100
Sep 20041933,72143.245.28$28,007
Aug 20041954,84942.375.55$35,177
Jul 200404,74138.286.08$28,845
Jun 20041914,40536.106.43$35,233
May 20041974,62337.486.49$37,408
Apr 20041944,29734.475.86$31,861
Mar 20041944,50934.365.53$31,601
Feb 20042014,23432.455.51$29,850
Jan 200413,41232.036.30$21,526
Dec 20033844,30830.266.30$38,767
Nov 20031943,80128.804.60$23,053
Oct 20031934,52828.174.76$26,988
Sep 20031944,42126.314.75$26,101
Aug 20031934,67929.765.13$29,746
Jul 200304,42729.415.17$22,891
Jun 20033794,31728.565.98$36,653
May 20031884,22526.595.97$30,233
Apr 20031923,38026.675.41$23,397
Mar 20032003,00731.146.10$24,559
Feb 20031942,98933.487.93$30,186
Jan 200343,06030.315.58$17,202
Dec 20021942,73626.914.85$18,500
Nov 20023802,83724.664.14$21,107
Oct 20023832,84326.464.23$22,158
Sep 20021892,83327.443.64$15,485
Aug 20021882,68325.963.16$13,370
Jul 20023763,78524.583.06$20,831
Jun 20023732,96323.733.34$18,743
May 20021783,16924.663.58$15,747
Apr 20021965,81323.653.51$25,053
Mar 20021935,10022.003.10$20,070
Feb 20021915,39918.222.38$16,306
Jan 20023815,28217.172.38$19,090
Dec 20013914,93516.932.36$18,288
Nov 200103,71118.072.41$8,927
Oct 20011874,24619.782.53$14,436
Sep 200103,46824.262.25$7,808
Aug 20011902,19624.873.05$11,430
Jul 20011902,61623.933.20$12,910
Jun 200102,38324.563.82$9,113
May 200112,59425.524.31$11,199
Apr 20011912,52224.685.34$18,170
Mar 200112,51024.545.38$13,519
Feb 20013822,30127.755.77$23,871
Jan 200112,64027.478.40$22,200
Dec 200002,59026.889.12$23,627
Nov 20001962,57032.215.66$20,854
Oct 200012,78331.235.15$14,351
Sep 20001912,69231.875.19$20,049
Aug 20001783,04829.644.54$19,116
Jul 20001922,44328.534.09$15,469
Jun 200002,48929.304.40$10,945
May 200002,87327.263.68$10,572
Apr 20003492,99124.513.12$17,874
Mar 200003,05328.422.86$8,731
Feb 20001922,44827.622.73$11,978
Jan 200012,88525.272.48$7,182
Dec 19992133,00824.282.42$12,462
Nov 1999212,86623.192.43$7,463
Oct 19993902,95320.982.80$16,462
Sep 199992,87221.752.62$7,717
Aug 19991913,01519.262.88$12,349
Jul 199912,85917.892.37$6,801
Jun 19991932,98615.942.36$10,130
May 19991903,25615.792.32$10,557
Apr 19991903,27515.102.21$10,100
Mar 199973,33012.471.84$6,209
Feb 19991953,2249.981.82$7,807
Jan 19992053,42110.381.90$8,628
Dec 199823,1589.201.77$5,619
Nov 19981903,29910.892.19$9,280
Oct 19981843,44412.421.97$9,067
Sep 19981993,39112.592.08$9,568
Aug 19981963,59611.301.91$9,074
Jul 199863,49311.742.24$7,885
Jun 19981853,15011.242.24$9,127
May 19981933,50812.622.21$10,176
Apr 19981973,27313.042.51$10,769
Mar 19982043,51812.802.31$10,736
Feb 199892,86113.952.30$6,703
Jan 19983713,52214.702.15$13,043
Dec 19971933,64516.322.41$11,938
Nov 19971993,27718.193.09$13,740
Oct 19972053,62919.253.15$15,377
Sep 199783,55917.742.95$10,658
Aug 19973802,82417.862.55$14,001
Jul 1997133,61717.582.25$8,356
Jun 19973783,79517.242.26$15,083
May 1997113,73918.972.31$8,840
Apr 1997143,50317.882.08$7,546
Mar 19972033,76518.951.94$11,148
Feb 19971983,43820.492.21$11,641
Jan 19971923,86523.483.54$18,189
Dec 19961964,00923.32$4,571
Nov 19963744,03821.97$8,217
Oct 19961913,80323.31$4,452
Sep 19961854,28722.22$4,111
Aug 1996123,80920.26$243
Jul 19963713,70619.55$7,253
Jun 19961184,36418.73$2,210
May 19961984,09519.43$3,847
Apr 19961903,61921.51$4,087
Mar 19961923,96019.38$3,721
Feb 19963873,94016.98$6,571
Jan 19963854,94417.07$6,572
Dec 1995132,14517.19$223
Nov 19952064,23816.00$3,296
Oct 19951863,77015.43$2,870
Sep 19951924,12816.18$3,107
Aug 19953784,51115.92$6,018
Jul 199584,07715.24$122
Jun 19952004,10416.41$3,282
May 19953774,25217.56$6,620
Apr 19952054,15917.73$3,635
Mar 19951994,31016.44$3,272
Feb 19951893,78716.58$3,134
Jan 19951854,09315.92$2,945
Dec 19941854,11315.03$2,781
Nov 19942014,02815.90$3,196
Oct 19941923,92115.58$2,991
Sep 19941914,18515.29$2,920
Aug 19941884,39616.13$3,032
Jul 19941894,52217.56$3,319
Jun 19941804,43117.09$3,076
May 19941824,23315.88$2,890
Apr 19941904,27414.14$2,687
Mar 19943714,51912.46$4,623
Feb 19941894,22912.50$2,363
Jan 19941874,85712.66$2,367
Dec 19933744,90312.33$4,611
Nov 19931895,59114.49$2,739
Oct 199343,69915.85$63
Sep 19933674,78715.03$5,516
Aug 19931844,77315.66$2,881
Jul 19931815,04315.46$2,798
Jun 19933644,77016.79$6,112
May 19931945,12117.68$3,430
Apr 19931825,21218.05$3,285
Mar 19931824,89218.14$3,301
Feb 19931895,09217.90$3,383
Jan 19931925,66916.93$3,251

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.

Sep 2015 — as filed, then multipliedworked
Oil                    0 bbl  × $ 42.99 =         $0
Casinghead gas       634 Mcf  × $  2.76 =     $1,749

────────────────────────────────────────────────────
Month total                                   $1,749

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/15341 is the state's own key, not one this site invented.