RAMEY, A. J.

Operated by LRE OPERATING, LLC (P-5 511727) in the REKLAW (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14345District 06Field 75839625OilCasinghead gasSaveExport
Value, all time
$156 k
Aug 2004 – Feb 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
103
no gaps in the span
Streams
2
oil, casinghead 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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1979-12-10
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 40 acres. The field rule took effect on 2006-01-10.

The Commission's schedule remark for this field reads: #06-0244735. ALLOCATION FORMULA REMAINS SUSPENDED.

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
OilDisposition1,616 bbl$85,506
Casinghead gasProduction9,156 Mcf$70,968
Total$156,474

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 31.7560, -95.0507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75605, -95.05071 · 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
10,340 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 10,340 ft.

Plug dates filed
Mar 2011
1 of 1 wells

1 well

42-07330131110,340 ftMar 2011Yes

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 (103)

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

103 months

Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
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 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009137042.144.06$5,773
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200806131.0811.39$68
Jun 2008020131.3313.03$261
May 2008040123.1711.57$463
Apr 20080112110.3110.45$1,171
Mar 2008017101.909.66$164
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200701869.066.39$115
Jul 200703570.906.39$224
Jun 200701462.007.55$106
May 20070558.747.85$39
Apr 200701259.617.81$94
Mar 200704156.927.30$299
Feb 200702655.108.22$214
Jan 200705850.306.73$390
Dec 200607056.656.92$484
Nov 200608354.207.62$632
Oct 2006035054.906.01$2,105
Sep 200616314960.085.04$10,544
Aug 2006022568.717.34$1,651
Jul 2006024869.376.34$1,573
Jun 200615128366.286.38$11,815
May 2006014866.016.42$951
Apr 2006030864.397.36$2,267
Mar 2006032456.707.08$2,295
Feb 200617243357.597.75$13,262
Jan 200609660.598.93$858
Dec 2005015554.9413.42$2,079
Nov 2005025854.6910.59$2,732
Oct 200516731458.3413.80$14,075
Sep 2005038561.4512.08$4,650
Aug 2005044861.519.80$4,389
Jul 200517247855.697.84$13,328
Jun 2005053052.337.38$3,912
May 2005065445.226.65$4,350
Apr 200514963649.207.36$12,012
Mar 200517032250.377.15$10,867
Feb 2005017045.226.31$1,073
Jan 20051698043.166.32$7,800
Dec 2004025139.866.75$1,695
Nov 200416644745.286.33$10,346
Oct 2004045249.706.52$2,945
Sep 2004045543.245.28$2,404
Aug 20040042.375.55$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.

Mar 2009 — as filed, then multipliedworked
Oil                  137 bbl  × $ 42.14 =     $5,773
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $5,773

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/O/14345 is the state's own key, not one this site invented.