RINGGOLD FARMS

Name: RINGGOLD FARMS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MORTIMER PRODUCTION COMPANY (P-5 589954) in the ARROYO LOS OLMOS (YEGUA 25) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124576District 04Field 03945500NGPA filingCondensateGasSave Export

Value, all time

$692 k

Jan 1993 – Sep 2015

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

273

no gaps in the span

Streams

condensate, gas

The ARROYO LOS OLMOS (YEGUA 25) 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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered

1985-03-03

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 SUSPENDED EFFECTIVE 2/1/93. TMH”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	8 bbl	$254
Gas	Production	216,054 Mcf	$692,237
Total			$692,491

60,726 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 26.3748, -98.7802. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.37482, -98.78016 · 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

6,000 ft

1 wells filed one

Completion to plug

28.5 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 6,000 ft.

Completions filed

Mar 1987

1 of 1 wells

Plug dates filed

Sep 2015

1 of 1 wells

Last completion to plug: a median of 28.5 years across the 1 well that filed both dates, with the middle half between 28.5 years and 28.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42732171	2	6,000 ft	Mar 1987	Sep 2015	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 (273)

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

273 months


Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	624	40.16	2.87	$1,792
Jul 2015	0	552	48.15	2.95	$1,626
Jun 2015	0	395	56.15	2.88	$1,139
May 2015	0	563	55.21	2.96	$1,664
Apr 2015	0	518	49.82	2.71	$1,402
Mar 2015	0	563	42.89	2.93	$1,652
Feb 2015	0	651	44.66	2.98	$1,938
Jan 2015	0	569	43.43	3.10	$1,764
Dec 2014	0	704	54.69	3.59	$2,528
Nov 2014	0	746	70.46	4.25	$3,172
Oct 2014	0	817	78.30	3.90	$3,187
Sep 2014	0	591	86.16	4.05	$2,391
Aug 2014	0	617	89.39	4.04	$2,490
Jul 2014	0	491	96.56	4.18	$2,052
Jun 2014	0	693	98.16	4.74	$3,283
May 2014	0	807	94.73	4.73	$3,814
Apr 2014	0	634	95.94	4.81	$3,049
Mar 2014	0	520	95.89	5.06	$2,630
Feb 2014	0	557	97.40	6.19	$3,449
Jan 2014	0	628	90.40	4.86	$3,053
Dec 2013	0	501	91.82	4.35	$2,182
Nov 2013	0	490	88.85	3.74	$1,832
Oct 2013	0	529	97.42	3.78	$1,999
Sep 2013	0	516	104.11	3.72	$1,918
Aug 2013	0	558	104.25	3.52	$1,966
Jul 2013	0	672	102.52	3.72	$2,498
Jun 2013	0	558	94.40	3.93	$2,195
May 2013	0	473	94.83	4.15	$1,963
Apr 2013	0	442	93.96	4.28	$1,893
Mar 2013	0	468	93.62	3.91	$1,831
Feb 2013	0	552	91.23	3.42	$1,888
Jan 2013	0	450	91.60	3.42	$1,539
Dec 2012	0	697	86.77	3.42	$2,384
Nov 2012	0	619	86.95	3.62	$2,244
Oct 2012	0	594	89.38	3.40	$2,019
Sep 2012	0	532	94.67	2.92	$1,553
Aug 2012	0	715	92.66	2.91	$2,079
Jul 2012	0	505	85.13	3.02	$1,526
Jun 2012	0	496	79.82	2.52	$1,249
May 2012	0	455	91.61	2.49	$1,132
Apr 2012	0	526	101.65	2.00	$1,050
Mar 2012	0	513	105.05	2.22	$1,140
Feb 2012	0	487	101.10	2.57	$1,252
Jan 2012	0	504	98.09	2.73	$1,378
Dec 2011	0	516	96.87	3.24	$1,672
Nov 2011	0	529	95.72	3.31	$1,752
Oct 2011	0	442	84.98	3.65	$1,613
Sep 2011	0	479	83.62	3.99	$1,909
Aug 2011	0	631	83.40	4.15	$2,618
Jul 2011	0	404	94.14	4.52	$1,825
Jun 2011	0	621	92.90	4.64	$2,881
May 2011	0	521	98.13	4.40	$2,295
Apr 2011	0	525	105.96	4.33	$2,275
Mar 2011	0	553	96.36	4.06	$2,244
Feb 2011	0	530	85.64	4.18	$2,215
Jan 2011	0	406	86.50	4.59	$1,863
Dec 2010	0	709	85.73	4.35	$3,083
Nov 2010	0	571	80.84	3.80	$2,167
Oct 2010	0	539	78.10	3.51	$1,891
Sep 2010	0	542	72.63	3.98	$2,157
Aug 2010	0	597	73.68	4.42	$2,638
Jul 2010	0	598	72.55	4.74	$2,832
Jun 2010	0	586	70.36	4.91	$2,877
May 2010	0	380	71.12	4.24	$1,609
Apr 2010	0	591	81.69	4.12	$2,437
Mar 2010	0	577	78.39	4.39	$2,532
Feb 2010	0	501	73.58	5.44	$2,727
Jan 2010	0	569	74.36	5.96	$3,394
Dec 2009	0	586	71.44	5.48	$3,213
Nov 2009	0	581	74.59	3.75	$2,180
Oct 2009	0	787	72.54	4.11	$3,235
Sep 2009	0	329	65.54	3.06	$1,008
Aug 2009	0	688	67.42	3.22	$2,214
Jul 2009	0	496	61.13	3.46	$1,718
Jun 2009	0	633	66.16	3.90	$2,466
May 2009	0	595	54.74	3.93	$2,336
Apr 2009	0	512	46.77	3.59	$1,837
Mar 2009	0	597	42.14	4.06	$2,423
Feb 2009	0	488	32.81	4.63	$2,261
Jan 2009	5	599	35.86	5.37	$3,397
Dec 2008	0	525	37.10	5.98	$3,138
Nov 2008	0	662	55.49	6.86	$4,542
Oct 2008	0	610	75.24	6.92	$4,222
Sep 2008	0	562	101.76	7.88	$4,427
Aug 2008	0	605	114.22	8.48	$5,132
Jul 2008	0	562	131.08	11.39	$6,401
Jun 2008	0	623	131.33	13.03	$8,119
May 2008	0	555	123.17	11.57	$6,424
Apr 2008	0	512	110.31	10.45	$5,353
Mar 2008	0	536	101.90	9.66	$5,180
Feb 2008	0	592	92.53	8.77	$5,192
Jan 2008	0	554	90.38	8.21	$4,546
Dec 2007	0	420	88.33	7.30	$3,067
Nov 2007	0	508	91.67	7.29	$3,704
Oct 2007	0	254	82.85	6.92	$1,758
Sep 2007	0	383	75.84	6.24	$2,392
Aug 2007	0	378	69.06	6.39	$2,415
Jul 2007	0	386	70.90	6.39	$2,466
Jun 2007	0	308	62.00	7.55	$2,325
May 2007	0	408	58.74	7.85	$3,201
Apr 2007	0	388	59.61	7.81	$3,028
Mar 2007	0	448	56.92	7.30	$3,271
Feb 2007	0	435	55.10	8.22	$3,574
Jan 2007	0	551	50.30	6.73	$3,706
Dec 2006	0	398	56.65	6.92	$2,754
Nov 2006	0	533	54.20	7.62	$4,060
Oct 2006	0	590	54.90	6.01	$3,548
Sep 2006	0	719	60.08	5.04	$3,622
Aug 2006	0	1,143	68.71	7.34	$8,390
Jul 2006	0	513	69.37	6.34	$3,254
Jun 2006	0	165	66.28	6.38	$1,053
May 2006	0	828	66.01	6.42	$5,320
Apr 2006	0	594	64.39	7.36	$4,372
Mar 2006	0	707	56.70	7.08	$5,008
Feb 2006	0	644	57.59	7.75	$4,992
Jan 2006	0	624	60.59	8.93	$5,574
Dec 2005	0	486	54.94	13.42	$6,520
Nov 2005	0	620	54.69	10.59	$6,565
Oct 2005	0	648	58.34	13.80	$8,940
Sep 2005	0	696	61.45	12.08	$8,407
Aug 2005	0	595	61.51	9.80	$5,829
Jul 2005	0	594	55.69	7.84	$4,659
Jun 2005	0	573	52.33	7.38	$4,229
May 2005	0	219	45.22	6.65	$1,457
Apr 2005	0	288	49.20	7.36	$2,120
Mar 2005	0	560	50.37	7.15	$4,007
Feb 2005	0	334	45.22	6.31	$2,108
Jan 2005	0	633	43.16	6.32	$4,002
Dec 2004	0	541	39.86	6.75	$3,652
Nov 2004	0	363	45.28	6.33	$2,298
Oct 2004	0	682	49.70	6.52	$4,443
Sep 2004	0	614	43.24	5.28	$3,244
Aug 2004	0	608	42.37	5.55	$3,375
Jul 2004	0	808	38.28	6.08	$4,916
Jun 2004	0	626	36.10	6.43	$4,027
May 2004	0	959	37.48	6.49	$6,228
Apr 2004	0	755	34.47	5.86	$4,423
Mar 2004	0	678	34.36	5.53	$3,749
Feb 2004	0	661	32.45	5.51	$3,642
Jan 2004	0	718	32.03	6.30	$4,523
Dec 2003	0	599	30.26	6.30	$3,775
Nov 2003	0	684	28.80	4.60	$3,143
Oct 2003	0	687	28.17	4.76	$3,270
Sep 2003	0	899	26.31	4.75	$4,270
Aug 2003	0	817	29.76	5.13	$4,191
Jul 2003	0	781	29.41	5.17	$4,038
Jun 2003	0	844	28.56	5.98	$5,050
May 2003	0	744	26.59	5.97	$4,444
Apr 2003	0	971	26.67	5.41	$5,250
Mar 2003	0	816	31.14	6.10	$4,974
Feb 2003	0	657	33.48	7.93	$5,207
Jan 2003	0	1,157	30.31	5.58	$6,458
Dec 2002	0	802	26.91	4.85	$3,893
Nov 2002	0	634	24.66	4.14	$2,623
Oct 2002	0	674	26.46	4.23	$2,850
Sep 2002	0	777	27.44	3.64	$2,825
Aug 2002	0	748	25.96	3.16	$2,367
Jul 2002	0	759	24.58	3.06	$2,324
Jun 2002	0	637	23.73	3.34	$2,126
May 2002	0	885	24.66	3.58	$3,172
Apr 2002	0	953	23.65	3.51	$3,347
Mar 2002	0	971	22.00	3.10	$3,013
Feb 2002	0	785	18.22	2.38	$1,865
Jan 2002	0	969	17.17	2.38	$2,302
Dec 2001	0	961	16.93	2.36	$2,272
Nov 2001	0	877	18.07	2.41	$2,110
Oct 2001	0	957	19.78	2.53	$2,420
Sep 2001	0	668	24.26	2.25	$1,504
Aug 2001	0	713	24.87	3.05	$2,177
Jul 2001	0	884	23.93	3.20	$2,826
Jun 2001	0	972	24.56	3.82	$3,717
May 2001	0	927	25.52	4.31	$3,993
Apr 2001	0	896	24.68	5.34	$4,780
Mar 2001	0	848	24.54	5.38	$4,559
Feb 2001	0	715	27.75	5.77	$4,123
Jan 2001	0	845	27.47	8.40	$7,097
Dec 2000	0	928	26.88	9.12	$8,466
Nov 2000	0	712	32.21	5.66	$4,029
Oct 2000	0	922	31.23	5.15	$4,744
Sep 2000	1	828	31.87	5.19	$4,326
Aug 2000	0	871	29.64	4.54	$3,955
Jul 2000	0	573	28.53	4.09	$2,343
Jun 2000	0	789	29.30	4.40	$3,469
May 2000	0	1,138	27.26	3.68	$4,188
Apr 2000	0	927	24.51	3.12	$2,889
Mar 2000	0	1,242	28.42	2.86	$3,552
Feb 2000	0	557	27.62	2.73	$1,519
Jan 2000	0	748	25.27	2.48	$1,855
Dec 1999	0	1,324	24.28	2.42	$3,209
Nov 1999	0	654	23.19	2.43	$1,592
Oct 1999	0	762	20.98	2.80	$2,136
Sep 1999	0	948	21.75	2.62	$2,483
Aug 1999	0	597	19.26	2.88	$1,717
Jul 1999	0	1,058	17.89	2.37	$2,510
Jun 1999	0	936	15.94	2.36	$2,211
May 1999	0	1,138	15.79	2.32	$2,641
Apr 1999	0	1,101	15.10	2.21	$2,431
Mar 1999	0	1,067	12.47	1.84	$1,962
Feb 1999	0	882	9.98	1.82	$1,603
Jan 1999	0	1,106	10.38	1.90	$2,101
Dec 1998	0	753	9.20	1.77	$1,335
Nov 1998	0	1,054	10.89	2.19	$2,304
Oct 1998	0	1,159	12.42	1.97	$2,282
Sep 1998	0	1,160	12.59	2.08	$2,416
Aug 1998	0	1,186	11.30	1.91	$2,262
Jul 1998	0	865	11.74	2.24	$1,935
Jun 1998	0	675	11.24	2.24	$1,510
May 1998	0	1,242	12.62	2.21	$2,740
Apr 1998	0	799	13.04	2.51	$2,002
Mar 1998	0	1,277	12.80	2.31	$2,949
Feb 1998	0	887	13.95	2.30	$2,039
Jan 1998	0	1,257	14.70	2.15	$2,709
Dec 1997	0	881	16.32	2.41	$2,124
Nov 1997	0	918	18.19	3.09	$2,835
Oct 1997	0	1,332	19.25	3.15	$4,196
Sep 1997	0	1,049	17.74	2.95	$3,100
Aug 1997	0	1,126	17.86	2.55	$2,877
Jul 1997	0	1,066	17.58	2.25	$2,395
Jun 1997	0	1,169	17.24	2.26	$2,639
May 1997	0	1,192	18.97	2.31	$2,752
Apr 1997	0	1,000	17.88	2.08	$2,083
Mar 1997	0	1,224	18.95	1.94	$2,374
Feb 1997	0	1,123	20.49	2.21	$2,477
Jan 1997	0	1,231	23.48	3.54	$4,357
Dec 1996	0	1,336	23.32	—	$0
Nov 1996	0	1,284	21.97	—	$0
Oct 1996	0	1,270	23.31	—	$0
Sep 1996	0	997	22.22	—	$0
Aug 1996	0	1,533	20.26	—	$0
Jul 1996	0	1,199	19.55	—	$0
Jun 1996	0	968	18.73	—	$0
May 1996	0	1,116	19.43	—	$0
Apr 1996	2	1,179	21.51	—	$43
Mar 1996	0	1,971	19.38	—	$0
Feb 1996	0	893	16.98	—	$0
Jan 1996	0	1,204	17.07	—	$0
Dec 1995	0	823	17.19	—	$0
Nov 1995	0	1,418	16.00	—	$0
Oct 1995	0	1,549	15.43	—	$0
Sep 1995	0	978	16.18	—	$0
Aug 1995	0	988	15.92	—	$0
Jul 1995	0	1,547	15.24	—	$0
Jun 1995	0	1,255	16.41	—	$0
May 1995	0	1,054	17.56	—	$0
Apr 1995	0	1,111	17.73	—	$0
Mar 1995	0	1,256	16.44	—	$0
Feb 1995	0	928	16.58	—	$0
Jan 1995	0	833	15.92	—	$0
Dec 1994	0	1,976	15.03	—	$0
Nov 1994	0	1,891	15.90	—	$0
Oct 1994	0	1,090	15.58	—	$0
Sep 1994	0	1,012	15.29	—	$0
Aug 1994	0	1,093	16.13	—	$0
Jul 1994	0	825	17.56	—	$0
Jun 1994	0	698	17.09	—	$0
May 1994	0	1,009	15.88	—	$0
Apr 1994	0	1,300	14.14	—	$0
Mar 1994	0	1,104	12.46	—	$0
Feb 1994	0	1,224	12.50	—	$0
Jan 1994	0	878	12.66	—	$0
Dec 1993	0	1,268	12.33	—	$0
Nov 1993	0	2,050	14.49	—	$0
Oct 1993	0	1,450	15.85	—	$0
Sep 1993	0	1,351	15.03	—	$0
Aug 1993	0	1,294	15.66	—	$0
Jul 1993	0	1,332	15.46	—	$0
Jun 1993	0	1,230	16.79	—	$0
May 1993	0	1,350	17.68	—	$0
Apr 1993	0	1,236	18.05	—	$0
Mar 1993	0	1,677	18.14	—	$0
Feb 1993	0	972	17.90	—	$0
Jan 1993	0	2,726	16.93	—	$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.

Aug 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 40.16 =         $0
Gas                  624 Mcf  × $  2.87 =     $1,792

────────────────────────────────────────────────────
Month total                                   $1,792

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/124576 is the state's own key, not one this site invented.