RAGSDALE, VIRGINIA

Operated by TAURUS MINERALS, INC. (P-5 837190) in the LABBE (2500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 11241District 04Field 51124855CondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – Jan 2012
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
229
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1947-04-08
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: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 1/1/94.

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
CondensateDisposition3 bbl$38
GasProduction489,456 Mcf$1,183,087
Total$1,183,125

230,368 Mcf of this lease's gas, across 44 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 28.0536, -98.4596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05364, -98.45964 · 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
8,804 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
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 8,804 ft.

Plug dates filed
Jan 2012
1 of 1 wells

1 well

42-1310091948,804 ftJan 2012Yes

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 (229)

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

229 months

Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110648105.964.33$2,808
Mar 2011058896.364.06$2,386
Feb 2011032485.644.18$1,354
Jan 2011022386.504.59$1,023
Dec 2010064085.734.35$2,783
Nov 2010074980.843.80$2,843
Oct 2010070778.103.51$2,481
Sep 2010058672.633.98$2,332
Aug 2010068873.684.42$3,041
Jul 2010071472.554.74$3,382
Jun 2010057070.364.91$2,799
May 2010075071.124.24$3,176
Apr 2010047681.694.12$1,962
Mar 2010046778.394.39$2,050
Feb 2010034573.585.44$1,878
Jan 2010045374.365.96$2,702
Dec 2009043271.445.48$2,369
Nov 2009069774.593.75$2,615
Oct 2009039372.544.11$1,615
Sep 2009086165.543.06$2,639
Aug 2009084067.423.22$2,704
Jul 2009078561.133.46$2,720
Jun 2009096766.163.90$3,766
May 2009084454.743.93$3,313
Apr 2009062746.773.59$2,249
Mar 200901,13142.144.06$4,591
Feb 2009074532.814.63$3,452
Jan 2009077635.865.37$4,168
Dec 200801,00537.105.98$6,007
Nov 200801,15955.496.86$7,951
Oct 200801,05975.246.92$7,330
Sep 200801,094101.767.88$8,618
Aug 200801,189114.228.48$10,086
Jul 20080954131.0811.39$10,866
Jun 200801,200131.3313.03$15,639
May 20080951123.1711.57$11,007
Apr 20080741110.3110.45$7,747
Mar 20080404101.909.66$3,904
Feb 200801,13092.538.77$9,911
Jan 200801,01890.388.21$8,353
Dec 2007075988.337.30$5,542
Nov 2007016591.677.29$1,203
Oct 2007073782.856.92$5,102
Sep 2007092075.846.24$5,745
Aug 2007092869.066.39$5,928
Jul 2007089270.906.39$5,698
Jun 2007094062.007.55$7,096
May 2007092958.747.85$7,289
Apr 2007093759.617.81$7,313
Mar 2007096256.927.30$7,025
Feb 2007084255.108.22$6,918
Jan 200701,02350.306.73$6,882
Dec 2006089756.656.92$6,206
Nov 2006059154.207.62$4,502
Oct 2006093454.906.01$5,617
Sep 200601,02960.085.04$5,183
Aug 200601,04868.717.34$7,692
Jul 200601,07369.376.34$6,806
Jun 200601,05666.286.38$6,741
May 200601,00866.016.42$6,476
Apr 2006076964.397.36$5,660
Mar 2006081056.707.08$5,737
Feb 2006079457.597.75$6,154
Jan 200601,08260.598.93$9,666
Dec 2005094454.9413.42$12,664
Nov 2005097554.6910.59$10,324
Oct 200501,28158.3413.80$17,672
Sep 200501,21561.4512.08$14,676
Aug 2005096261.519.80$9,425
Jul 200501,62955.697.84$12,777
Jun 2005019352.337.38$1,425
May 2005095745.226.65$6,365
Apr 200501,41149.207.36$10,386
Mar 200501,35450.377.15$9,688
Feb 200501,12245.226.31$7,082
Jan 200501,64743.166.32$10,413
Dec 200401,10139.866.75$7,433
Nov 200401,45345.286.33$9,198
Oct 200401,67949.706.52$10,939
Sep 200401,91243.245.28$10,103
Aug 200401,62142.375.55$8,998
Jul 200401,48838.286.08$9,053
Jun 200401,71636.106.43$11,039
May 200401,85137.486.49$12,021
Apr 200401,44134.475.86$8,442
Mar 2004086234.365.53$4,767
Feb 200402,78632.455.51$15,350
Jan 200403,67132.036.30$23,126
Dec 200302,44730.266.30$15,420
Nov 200301,83028.804.60$8,409
Oct 200302,50328.174.76$11,913
Sep 200302,96726.314.75$14,091
Aug 200302,36229.765.13$12,116
Jul 200302,45529.415.17$12,694
Jun 200301,47328.565.98$8,813
May 200301,82126.595.97$10,876
Apr 200302,25526.675.41$12,193
Mar 200301,84231.146.10$11,229
Feb 200301,53833.487.93$12,190
Jan 200301,95930.315.58$10,935
Dec 200202,07526.914.85$10,072
Nov 200201,64224.664.14$6,793
Oct 200202,34626.464.23$9,922
Sep 200202,02127.443.64$7,347
Aug 200202,52125.963.16$7,977
Jul 200202,18924.583.06$6,702
Jun 200201,43723.733.34$4,797
May 200201,37624.663.58$4,932
Apr 200201,29223.653.51$4,538
Mar 200201,34022.003.10$4,158
Feb 200201,21018.222.38$2,875
Jan 200201,23517.172.38$2,934
Dec 2001076016.932.36$1,797
Nov 200101,29318.072.41$3,110
Oct 200102,14719.782.53$5,430
Sep 2001090724.262.25$2,042
Aug 2001081724.873.05$2,494
Jul 2001081323.933.20$2,599
Jun 2001075824.563.82$2,899
May 200101,76725.524.31$7,611
Apr 200102,19824.685.34$11,727
Mar 200101,82824.545.38$9,828
Feb 200102,05727.755.77$11,863
Jan 200101,92127.478.40$16,134
Dec 200001,82826.889.12$16,676
Nov 200001,63032.215.66$9,223
Oct 200001,83031.235.15$9,416
Sep 200001,93631.875.19$10,041
Aug 200001,99129.644.54$9,041
Jul 200001,91828.534.09$7,844
Jun 200001,77129.304.40$7,788
May 200002,90927.263.68$10,704
Apr 200002,04124.513.12$6,360
Mar 200001,91328.422.86$5,471
Feb 200001,86027.622.73$5,071
Jan 200002,20225.272.48$5,462
Dec 199902,06124.282.42$4,995
Nov 199902,08923.192.43$5,085
Oct 199902,44420.982.80$6,852
Sep 199902,21721.752.62$5,806
Aug 199902,27519.262.88$6,542
Jul 199902,58317.892.37$6,128
Jun 199902,51415.942.36$5,938
May 199902,14715.792.32$4,983
Apr 199902,02615.102.21$4,474
Mar 199902,46412.471.84$4,530
Feb 199901,9599.981.82$3,561
Jan 199902,39610.381.90$4,552
Dec 199802,2749.201.77$4,033
Nov 199802,60010.892.19$5,683
Oct 199802,83912.421.97$5,591
Sep 199801,77012.592.08$3,686
Aug 199802,56511.301.91$4,892
Jul 199802,29411.742.24$5,132
Jun 199802,36311.242.24$5,287
May 199802,53012.622.21$5,582
Apr 199802,53313.042.51$6,346
Mar 199832,47412.802.31$5,752
Feb 199802,67713.952.30$6,155
Jan 199802,20314.702.15$4,747
Dec 199702,62816.322.41$6,336
Nov 199702,99618.193.09$9,252
Oct 199702,99919.253.15$9,446
Sep 199702,95517.742.95$8,732
Aug 199703,25017.862.55$8,303
Jul 199703,07717.582.25$6,914
Jun 199701,36817.242.26$3,088
May 199701,40918.972.31$3,253
Apr 199701,64017.882.08$3,416
Mar 199701,72218.951.94$3,339
Feb 199701,78220.492.21$3,931
Jan 199703,40823.483.54$12,063
Dec 199601,65323.32$0
Nov 199603,04521.97$0
Oct 199602,74023.31$0
Sep 199602,81122.22$0
Aug 199603,00720.26$0
Jul 199604,41319.55$0
Jun 199604,05518.73$0
May 199603,62019.43$0
Apr 199604,15221.51$0
Mar 199603,52519.38$0
Feb 199603,44616.98$0
Jan 199604,35117.07$0
Dec 199504,36317.19$0
Nov 199503,62416.00$0
Oct 199506,89015.43$0
Sep 199506,92916.18$0
Aug 199504,23215.92$0
Jul 199503,11815.24$0
Jun 199507,16116.41$0
May 199507,98817.56$0
Apr 199508,66217.73$0
Mar 199509,41916.44$0
Feb 199507,98116.58$0
Jan 199508,90915.92$0
Dec 199404,19315.03$0
Nov 199404,16415.90$0
Oct 199403,29715.58$0
Sep 199404,01115.29$0
Aug 199406,15916.13$0
Jul 199406,74417.56$0
Jun 199403,52217.09$0
May 199402,93915.88$0
Apr 199407,40814.14$0
Mar 199408,06312.46$0
Feb 199406,46612.50$0
Jan 199406,29012.66$0
Dec 199306,71612.33$0
Nov 199307,70614.49$0
Oct 199307,04415.85$0
Sep 199307,18315.03$0
Aug 199309,11315.66$0
Jul 199307,37715.46$0
Jun 1993032516.79$0
May 199301,55417.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$0

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.

Apr 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $105.96 =         $0
Gas                  648 Mcf  × $  4.33 =     $2,808

────────────────────────────────────────────────────
Month total                                   $2,808

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. 04/G/11241 is the state's own key, not one this site invented.