RAY 'A'

Operated by STRAND ENERGY, L.C. (P-5 824758) in the CROW (PALUXY, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15886District 06Field 21971410OilCasinghead gasSaveExport
Value, all time
$435 k
Apr 2022 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
50
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 8 leases and 14 wells, and the rule below applies to all of them.

Discovered
1991-03-04
as the register files it
Field class
Oil
the register's own label
Between wells
933 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 1991-03-04.

The Commission's schedule remark for this field reads: 8/21/12.

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
OilDisposition4,572 bbl$420,469
Casinghead gasProduction2,275 Mcf$14,194
Total$434,663

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 32.6080, -95.3103. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60802, -95.31028 · 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
7,338 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 7,338 ft.

Completions filed
Jan 2024
1 of 1 wells

1 well

42-4993220137,338 ftJan 2024

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 (50)

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

50 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202455069.612.36$3,829
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202471073.023.30$5,184
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230985.443.09$28
Sep 202303889.042.74$104
Aug 20231698780.522.67$13,840
Jul 202316210474.852.64$12,400
Jun 20231408668.962.26$9,849
May 202302770.622.23$60
Apr 20231604278.122.24$12,593
Mar 202309572.852.39$227
Feb 202308475.112.47$207
Jan 20231619576.533.39$12,643
Dec 20221658776.415.73$13,106
Nov 202232510385.005.65$28,207
Oct 202232012087.185.86$28,601
Sep 202264912884.888.16$56,132
Aug 202264340394.529.13$64,455
Jul 2022807403101.587.54$85,015
Jun 2022664364115.097.98$79,323
May 2022810109.378.43$8,859
Apr 202200104.226.84$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.

Sep 2024 — as filed, then multipliedworked
Oil                   55 bbl  × $ 69.61 =     $3,829
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $3,829

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/15886 is the state's own key, not one this site invented.