RAMSEY STATE FARM

Operated by CERBERUS ENGINEERING, LLC (P-5 141992) in the LOCHRIDGE (K) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28138District 03Field 54268300OilSaveExport
Value, all time
$692 k
Nov 2023 – May 2026
Value, last 12 filed months
$164 k
at the published price for each month
Months reported
31
no gaps in the span
Streams
1
oil

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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1944-03-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres.

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
OilDisposition9,565 bbl$692,227
Total$692,227

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 29.3188, -95.5666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.31881, -95.56662 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,450 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
00.0%
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.
1100.0%

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 6,450 ft.

Completions filed
Aug 2020
1 of 1 wells

1 well

42-0393328076,450 ftAug 2020

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 (31)

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

31 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 202649989.753.15$44,785
Feb 202631663.503.75$20,066
Jan 202616359.138.00$9,638
Dec 202548556.664.41$27,480
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 202533362.743.08$20,892
Aug 202530663.933.01$19,563
Jul 202532866.743.32$21,891
Jun 2025066.483.13$0
May 202515960.553.23$9,627
Apr 202531662.363.54$19,706
Mar 202531167.704.27$21,055
Feb 202515970.884.34$11,270
Jan 202548974.324.28$36,342
Dec 202415868.993.12$10,900
Nov 2024069.052.20$0
Oct 202462571.372.28$44,606
Sep 202482669.612.36$57,498
Aug 2024075.632.06$0
Jul 202415879.932.15$12,629
Jun 202425478.082.63$19,832
May 202449578.812.20$39,011
Apr 202448484.451.66$40,874
Mar 202475380.301.55$60,466
Feb 202447076.091.78$35,762
Jan 202450173.023.30$36,583
Dec 202365671.262.61$46,747
Nov 202332177.892.81$25,003

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.

Mar 2026 — as filed, then multipliedworked
Oil                  499 bbl  × $ 89.75 =    $44,785

────────────────────────────────────────────────────
Month total                                  $44,785

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/28138 is the state's own key, not one this site invented.