RAY, L. C.

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 213076District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Apr 2005 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
254
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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112006-10-26164740
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
CondensateDisposition707 bbl$41,643
GasProduction419,788 Mcf$2,705,816
Total$2,747,459

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 32.2028, -95.0422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20282, -95.04215 · 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
11,800 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 11,800 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-42331848211,800 ftApr 2005

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 (254)

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

254 months

May 202600106.413.05$0
Apr 2026019898.932.87$568
Mar 2026023689.753.15$743
Feb 2026017463.503.75$653
Jan 2026019559.138.00$1,560
Dec 2025039456.664.41$1,739
Nov 2025040258.593.93$1,578
Oct 2025023959.383.30$790
Sep 2025024462.743.08$751
Aug 2025020963.933.01$630
Jul 2025021166.743.32$700
Jun 2025021566.483.13$673
May 2025022360.553.23$721
Apr 2025020362.363.54$719
Mar 2025035267.704.27$1,502
Feb 2025018270.884.34$790
Jan 2025025574.324.28$1,091
Dec 2024015368.993.12$478
Nov 2024023669.052.20$519
Oct 2024024371.372.28$554
Sep 2024025269.612.36$596
Aug 20240075.632.06$0
Jul 2024024479.932.15$524
Jun 2024025478.082.63$669
May 2024026778.812.20$587
Apr 2024026184.451.66$433
Mar 2024025480.301.55$392
Feb 2024022976.091.78$408
Jan 2024026473.023.30$871
Dec 2023026971.262.61$702
Nov 2023028777.892.81$806
Oct 2023026585.443.09$818
Sep 2023028389.042.74$774
Aug 2023028780.522.67$767
Jul 2023030374.852.64$800
Jun 2023029768.962.26$671
May 20230070.622.23$0
Apr 2023031378.122.24$700
Mar 2023033272.852.39$795
Feb 2023027475.112.47$676
Jan 2023031976.533.39$1,081
Dec 2022033076.415.73$1,891
Nov 2022031685.005.65$1,784
Oct 20220087.185.86$0
Sep 2022035484.888.16$2,890
Aug 2022033194.529.13$3,021
Jul 202200101.587.54$0
Jun 20220382115.097.98$3,047
May 20220377109.378.43$3,179
Apr 20220373104.226.84$2,550
Mar 20220391108.885.08$1,985
Feb 2022031791.054.86$1,540
Jan 2022034581.844.54$1,566
Dec 2021039971.323.90$1,556
Nov 2021038677.435.24$2,021
Oct 2021042179.795.71$2,406
Sep 2021037069.865.35$1,980
Aug 2021037866.024.22$1,595
Jul 2021037770.783.98$1,501
Jun 2021036069.493.38$1,217
May 2021041963.483.02$1,264
Apr 2021044660.362.76$1,230
Mar 2021042761.302.72$1,160
Feb 2021044057.805.55$2,441
Jan 2021048350.412.81$1,357
Dec 2020046244.642.68$1,236
Nov 2020045238.772.71$1,223
Oct 2020049936.972.48$1,237
Sep 2020066537.091.99$1,324
Aug 2020029239.982.39$696
Jul 2020050838.371.83$927
Jun 202001,64234.901.69$2,775
May 2020055516.921.81$1,007
Apr 202015653514.751.80$3,266
Mar 2020048630.341.86$902
Feb 2020048949.881.98$969
Jan 2020040057.252.09$838
Dec 2019048959.012.30$1,127
Nov 2019054255.302.75$1,491
Oct 2019048653.472.42$1,175
Sep 2019057455.052.66$1,525
Aug 2019036753.112.30$846
Jul 2019065556.272.46$1,611
Jun 2019054652.782.49$1,360
May 2019060458.482.74$1,655
Apr 2019057862.632.75$1,590
Mar 2019060656.803.06$1,856
Feb 2019042650.852.79$1,189
Jan 2019061246.033.23$1,976
Dec 2018068746.594.19$2,875
Nov 2018054152.934.24$2,292
Oct 2018061561.443.40$2,090
Sep 2018058059.543.11$1,803
Aug 2018057359.403.07$1,757
Jul 2018059365.142.93$1,739
Jun 2018057060.183.08$1,754
May 2018056265.382.90$1,630
Apr 2018054863.842.90$1,590
Mar 2018040861.222.79$1,137
Feb 2018040661.782.77$1,123
Jan 2018092362.874.01$3,701
Dec 2017015357.272.92$447
Nov 2017035855.423.12$1,116
Oct 2017069349.292.98$2,068
Sep 2017096747.523.09$2,985
Aug 2017094945.373.00$2,851
Jul 201701,32043.873.09$4,075
Jun 201701,38342.493.09$4,270
May 201701,52345.373.26$4,970
Apr 201701,48947.933.21$4,782
Mar 201701,40446.772.98$4,189
Feb 201701,18450.452.95$3,496
Jan 2017097549.413.42$3,333
Dec 201601,26848.763.72$4,721
Nov 201601,87442.492.64$4,956
Oct 2016041546.193.09$1,282
Sep 2016044641.553.10$1,383
Aug 2016067641.442.92$1,977
Jul 201601,01841.622.92$2,977
Jun 2016032645.352.69$876
May 2016044242.521.99$880
Apr 2016053136.561.99$1,057
Mar 2016059433.011.79$1,066
Feb 2016060026.472.06$1,238
Jan 2016075827.352.36$1,792
Dec 2015073732.362.00$1,475
Nov 2015067538.792.17$1,463
Oct 2015088843.552.43$2,155
Sep 2015098042.992.76$2,703
Aug 201501,15140.162.87$3,306
Jul 2015047048.152.95$1,384
Jun 2015043656.152.88$1,257
May 2015068555.212.96$2,024
Apr 2015075349.822.71$2,038
Mar 2015085942.892.93$2,521
Feb 2015094144.662.98$2,801
Jan 2015076243.433.10$2,363
Dec 2014075554.693.59$2,711
Nov 2014059470.464.25$2,526
Oct 2014076678.303.90$2,988
Sep 2014077886.164.05$3,147
Aug 2014083989.394.04$3,385
Jul 2014093796.564.18$3,916
Jun 2014067298.164.74$3,183
May 2014065194.734.73$3,077
Apr 201401,26095.944.81$6,059
Mar 201401,17695.895.06$5,947
Feb 2014075097.406.19$4,644
Jan 2014082590.404.86$4,010
Dec 2013077391.824.35$3,366
Nov 2013062788.853.74$2,344
Oct 2013062997.423.78$2,377
Sep 20130719104.113.72$2,673
Aug 201301,410104.253.52$4,967
Jul 201301,775102.523.72$6,599
Jun 2013030994.403.93$1,215
May 201301,50294.834.15$6,232
Apr 201301,68893.964.28$7,229
Mar 201301,41193.623.91$5,521
Feb 201301,50091.233.42$5,130
Jan 201301,35291.603.42$4,624
Dec 201201,23086.773.42$4,207
Nov 201201,01686.953.62$3,683
Oct 2012074789.383.40$2,540
Sep 2012094194.672.92$2,746
Aug 2012085192.662.91$2,475
Jul 2012084385.133.02$2,547
Jun 2012096479.822.52$2,428
May 201201,29091.612.49$3,210
Apr 201201,110101.652.00$2,216
Mar 20120688105.052.22$1,529
Feb 201201,005101.102.57$2,583
Jan 201201,06398.092.73$2,906
Dec 201101,69696.873.24$5,495
Nov 201101,55195.723.31$5,136
Oct 201101,30484.983.65$4,758
Sep 20111351,38083.623.99$16,789
Aug 201101,57783.404.15$6,543
Jul 201101,77094.144.52$7,996
Jun 201101,76692.904.64$8,194
May 201101,90998.134.40$8,409
Apr 201101,015105.964.33$4,398
Mar 2011074796.364.06$3,031
Feb 2011070685.644.18$2,951
Jan 2011080686.504.59$3,699
Dec 2010091085.734.35$3,956
Nov 201001,64480.843.80$6,240
Oct 201001,38078.103.51$4,842
Sep 201001,76572.633.98$7,024
Aug 201001,45873.684.42$6,443
Jul 201001,74972.554.74$8,284
Jun 201001,90970.364.91$9,374
May 201001,82671.124.24$7,734
Apr 201001,43181.694.12$5,900
Mar 201001,68578.394.39$7,395
Feb 201001,87373.585.44$10,194
Jan 201002,43574.365.96$14,523
Dec 200901,57871.445.48$8,653
Nov 200901,96974.593.75$7,387
Oct 200902,28972.544.11$9,408
Sep 200902,38465.543.06$7,306
Aug 200902,24667.423.22$7,229
Jul 200902,40761.133.46$8,339
Jun 200902,48766.163.90$9,687
May 200902,63054.743.93$10,325
Apr 200902,64446.773.59$9,485
Mar 200902,43242.144.06$9,871
Feb 200902,14732.814.63$9,947
Jan 200902,81335.865.37$15,109
Dec 200802,95437.105.98$17,656
Nov 200802,14055.496.86$14,681
Oct 200802,44875.246.92$16,945
Sep 200802,045101.767.88$16,109
Aug 200802,876114.228.48$24,397
Jul 200802,703131.0811.39$30,786
Jun 200802,753131.3313.03$35,879
May 200802,961123.1711.57$34,271
Apr 200803,040110.3110.45$31,783
Mar 200803,705101.909.66$35,805
Feb 2008043592.538.77$3,815
Jan 200803,47790.388.21$28,531
Dec 200703,74088.337.30$27,309
Nov 200703,35791.677.29$24,478
Oct 20071413,79782.856.92$37,965
Sep 2007282,79875.846.24$19,595
Aug 200703,45169.066.39$22,045
Jul 200702,95570.906.39$18,876
Jun 200703,04062.007.55$22,947
May 200704,21058.747.85$33,033
Apr 200744,22159.617.81$33,184
Mar 2007165,18256.927.30$38,750
Feb 200703,92955.108.22$32,281
Jan 2007010,37350.306.73$69,778
Dec 2006016156.656.92$1,114
Nov 20060054.207.62$0
Oct 200661,47354.906.01$9,188
Sep 200624,65360.085.04$23,558
Aug 200604,58668.717.34$33,661
Jul 200605,19369.376.34$32,938
Jun 200615,24266.286.38$33,531
May 200645,85966.016.42$37,908
Apr 200646,02864.397.36$44,627
Mar 20061646,52456.707.08$55,508
Feb 200655,95357.597.75$46,430
Jan 200607,44560.598.93$66,509
Dec 200507,93854.9413.42$106,491
Nov 200508,61254.6910.59$91,187
Oct 2005119,81158.3413.80$135,992
Sep 20051311,66461.4512.08$141,688
Aug 20051512,31161.519.80$121,532
Jul 2005214,33255.697.84$112,526
Jun 2005016,22352.337.38$119,743
May 2005027,63345.226.65$183,792
Apr 200506,39449.207.36$47,063

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  198 Mcf  × $  2.87 =       $568

────────────────────────────────────────────────────
Month total                                     $568

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. 06/G/213076 is the state's own key, not one this site invented.