RANCHO GRANDE FARMS

Name: RANCHO GRANDE FARMS lease production and value, Apr 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by INLAND OCEAN, INC. (P-5 424607) in the WHARTON, WEST (4440) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24862District 03Field 96728605OilCasinghead gasSave Export

Value, all time

$4.7 M

Apr 2006 – Sep 2022

Value, last 12 filed months

at the published price for each month

Months reported

198

no gaps in the span

Streams

oil, casinghead gas

The WHARTON, WEST (4440) field

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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1980-09-23

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: “ALLOCATION FORMULA EFF. 03-1-81 PER AMENDMENT TO SWR 28 & 29”

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.

Stream	Basis	Volume	Value
Oil	Disposition	65,382 bbl	$4,646,561
Casinghead gas	Production	6,446 Mcf	$41,246
Total			$4,687,807

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 29.3133, -96.1702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.31329, -96.17022 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

5,000 ft

1 wells filed one

Completion to plug

16.2 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 5,000 ft.

Completions filed

Apr 2006

1 of 1 wells

Plug dates filed

Jun 2022

1 of 1 wells

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48134825	3	5,000 ft	Apr 2006	Jun 2022	Yes

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 (198)

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

198 months


Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	165	0	55.30	2.75	$9,125
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	172	0	52.78	2.49	$9,078
May 2019	0	0	58.48	2.74	$0
Apr 2019	170	0	62.63	2.75	$10,647
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	168	0	46.03	3.23	$7,733
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	167	0	59.54	3.11	$9,943
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	167	0	65.14	2.93	$10,878
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	165	0	61.22	2.79	$10,101
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	170	0	62.87	4.01	$10,688
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	158	0	49.29	2.98	$7,788
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	162	0	43.87	3.09	$7,107
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	154	0	47.93	3.21	$7,381
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	150	0	48.76	3.72	$7,314
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	152	0	46.19	3.09	$7,021
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	170	0	41.44	2.92	$7,045
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	156	0	42.52	1.99	$6,633
Apr 2016	151	0	36.56	1.99	$5,521
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	146	0	32.36	2.00	$4,725
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	158	0	43.55	2.43	$6,881
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	154	0	48.15	2.95	$7,415
Jun 2015	0	0	56.15	2.88	$0
May 2015	174	0	55.21	2.96	$9,607
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	162	0	42.89	2.93	$6,948
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	162	0	43.43	3.10	$7,036
Dec 2014	165	0	54.69	3.59	$9,024
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	153	0	89.39	4.04	$13,677
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	181	0	98.16	4.74	$17,767
May 2014	0	0	94.73	4.73	$0
Apr 2014	162	0	95.94	4.81	$15,542
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	165	0	97.40	6.19	$16,071
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	136	0	91.82	4.35	$12,488
Nov 2013	166	0	88.85	3.74	$14,749
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	163	0	104.11	3.72	$16,970
Aug 2013	167	0	104.25	3.52	$17,410
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	177	0	94.83	4.15	$16,785
Apr 2013	176	0	93.96	4.28	$16,537
Mar 2013	162	0	93.62	3.91	$15,166
Feb 2013	165	0	91.23	3.42	$15,053
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	213	0	86.95	3.62	$18,520
Oct 2012	182	0	89.38	3.40	$16,267
Sep 2012	173	0	94.67	2.92	$16,378
Aug 2012	177	0	92.66	2.91	$16,401
Jul 2012	180	0	85.13	3.02	$15,323
Jun 2012	177	0	79.82	2.52	$14,128
May 2012	181	0	91.61	2.49	$16,581
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	181	0	105.05	2.22	$19,014
Feb 2012	182	0	101.10	2.57	$18,400
Jan 2012	182	0	98.09	2.73	$17,852
Dec 2011	183	0	96.87	3.24	$17,727
Nov 2011	183	0	95.72	3.31	$17,517
Oct 2011	182	0	84.98	3.65	$15,466
Sep 2011	179	0	83.62	3.99	$14,968
Aug 2011	343	0	83.40	4.15	$28,606
Jul 2011	161	0	94.14	4.52	$15,157
Jun 2011	161	0	92.90	4.64	$14,957
May 2011	167	0	98.13	4.40	$16,388
Apr 2011	164	0	105.96	4.33	$17,377
Mar 2011	340	0	96.36	4.06	$32,762
Feb 2011	184	0	85.64	4.18	$15,758
Jan 2011	184	0	86.50	4.59	$15,916
Dec 2010	343	0	85.73	4.35	$29,405
Nov 2010	164	0	80.84	3.80	$13,258
Oct 2010	182	0	78.10	3.51	$14,214
Sep 2010	362	0	72.63	3.98	$26,292
Aug 2010	165	0	73.68	4.42	$12,157
Jul 2010	181	0	72.55	4.74	$13,132
Jun 2010	344	0	70.36	4.91	$24,204
May 2010	162	0	71.12	4.24	$11,521
Apr 2010	499	0	81.69	4.12	$40,763
Mar 2010	346	0	78.39	4.39	$27,123
Feb 2010	366	0	73.58	5.44	$26,930
Jan 2010	348	0	74.36	5.96	$25,877
Dec 2009	334	0	71.44	5.48	$23,861
Nov 2009	332	0	74.59	3.75	$24,764
Oct 2009	520	0	72.54	4.11	$37,721
Sep 2009	361	0	65.54	3.06	$23,660
Aug 2009	350	0	67.42	3.22	$23,597
Jul 2009	522	0	61.13	3.46	$31,910
Jun 2009	343	0	66.16	3.90	$22,693
May 2009	500	0	54.74	3.93	$27,370
Apr 2009	526	0	46.77	3.59	$24,601
Mar 2009	515	0	42.14	4.06	$21,702
Feb 2009	509	0	32.81	4.63	$16,700
Jan 2009	711	0	35.86	5.37	$25,496
Dec 2008	687	0	37.10	5.98	$25,488
Nov 2008	498	0	55.49	6.86	$27,634
Oct 2008	861	0	75.24	6.92	$64,782
Sep 2008	503	0	101.76	7.88	$51,185
Aug 2008	697	0	114.22	8.48	$79,611
Jul 2008	666	0	131.08	11.39	$87,299
Jun 2008	1,027	0	131.33	13.03	$134,876
May 2008	812	0	123.17	11.57	$100,014
Apr 2008	1,147	0	110.31	10.45	$126,526
Mar 2008	821	0	101.90	9.66	$83,660
Feb 2008	885	0	92.53	8.77	$81,889
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	1,017	0	88.33	7.30	$89,832
Nov 2007	1,663	0	91.67	7.29	$152,447
Oct 2007	1,705	0	82.85	6.92	$141,259
Sep 2007	1,670	0	75.84	6.24	$126,653
Aug 2007	1,871	0	69.06	6.39	$129,211
Jul 2007	1,579	0	70.90	6.39	$111,951
Jun 2007	1,512	0	62.00	7.55	$93,744
May 2007	1,618	0	58.74	7.85	$95,041
Apr 2007	1,859	0	59.61	7.81	$110,815
Mar 2007	1,645	0	56.92	7.30	$93,633
Feb 2007	1,930	1	55.10	8.22	$106,351
Jan 2007	2,035	67	50.30	6.73	$102,811
Dec 2006	2,205	223	56.65	6.92	$126,456
Nov 2006	2,357	592	54.20	7.62	$132,259
Oct 2006	2,331	643	54.90	6.01	$131,839
Sep 2006	2,218	756	60.08	5.04	$137,066
Aug 2006	2,451	476	68.71	7.34	$171,902
Jul 2006	1,945	792	69.37	6.34	$139,948
Jun 2006	1,975	1,557	66.28	6.38	$140,843
May 2006	1,593	1,339	66.01	6.42	$113,757
Apr 2006	664	0	64.39	7.36	$42,755

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.

Nov 2019 — as filed, then multipliedworked

Oil                  165 bbl  × $ 55.30 =     $9,125
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $9,125

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/24862 is the state's own key, not one this site invented.