RAY "A"

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

Operated by WAGNER & BROWN, LTD. (P-5 891075) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138772District 08Field 20097700CondensateGasSave Export

Value, all time

$79 k

Jan 1993 – Jun 1998

Value, last 12 filed months

$36 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The CONGER (PENN) 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 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered

1978-01-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: “OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810”

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	1,195 bbl	$20,462
Gas	Production	130,805 Mcf	$58,438
Total			$78,900

107,508 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 31.7938, -101.2035. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79382, -101.20352 · 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

0.0%

0 of 1 wells

Median depth

8,175 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

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 8,175 ft.

Completions filed

Jul 1978

1 of 1 wells

1 well


42-43130668	530	8,175 ft	Jul 1978	—	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 (66)

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

66 months


Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	5	0	12.80	2.31	$64
Feb 1998	17	1,515	13.95	2.30	$3,720
Jan 1998	19	1,602	14.70	2.15	$3,731
Dec 1997	16	1,563	16.32	2.41	$4,030
Nov 1997	20	1,553	18.19	3.09	$5,160
Oct 1997	20	1,682	19.25	3.15	$5,683
Sep 1997	15	1,662	17.74	2.95	$5,177
Aug 1997	14	1,716	17.86	2.55	$4,634
Jul 1997	14	1,717	17.58	2.25	$4,104
Jun 1997	14	1,655	17.24	2.26	$3,977
May 1997	16	1,783	18.97	2.31	$4,420
Apr 1997	19	1,692	17.88	2.08	$3,864
Mar 1997	22	1,823	18.95	1.94	$3,952
Feb 1997	17	1,668	20.49	2.21	$4,028
Jan 1997	16	1,666	23.48	3.54	$6,273
Dec 1996	24	1,759	23.32	—	$560
Nov 1996	17	1,747	21.97	—	$373
Oct 1996	19	1,870	23.31	—	$443
Sep 1996	15	1,880	22.22	—	$333
Aug 1996	13	1,997	20.26	—	$263
Jul 1996	13	2,070	19.55	—	$254
Jun 1996	14	2,010	18.73	—	$262
May 1996	16	2,105	19.43	—	$311
Apr 1996	23	2,028	21.51	—	$495
Mar 1996	23	2,076	19.38	—	$446
Feb 1996	21	1,957	16.98	—	$357
Jan 1996	16	1,817	17.07	—	$273
Dec 1995	20	1,835	17.19	—	$344
Nov 1995	21	2,018	16.00	—	$336
Oct 1995	16	2,100	15.43	—	$247
Sep 1995	18	2,135	16.18	—	$291
Aug 1995	17	2,273	15.92	—	$271
Jul 1995	17	2,397	15.24	—	$259
Jun 1995	21	1,902	16.41	—	$345
May 1995	18	2,314	17.56	—	$316
Apr 1995	13	2,258	17.73	—	$230
Mar 1995	23	2,308	16.44	—	$378
Feb 1995	23	2,135	16.58	—	$381
Jan 1995	24	2,370	15.92	—	$382
Dec 1994	28	2,450	15.03	—	$421
Nov 1994	27	2,289	15.90	—	$429
Oct 1994	22	2,423	15.58	—	$343
Sep 1994	21	2,366	15.29	—	$321
Aug 1994	21	2,524	16.13	—	$339
Jul 1994	25	2,555	17.56	—	$439
Jun 1994	26	2,434	17.09	—	$444
May 1994	29	2,551	15.88	—	$461
Apr 1994	7	1,714	14.14	—	$99
Mar 1994	18	2,346	12.46	—	$224
Feb 1994	20	2,062	12.50	—	$250
Jan 1994	21	2,321	12.66	—	$266
Dec 1993	20	2,376	12.33	—	$247
Nov 1993	25	2,347	14.49	—	$362
Oct 1993	22	2,474	15.85	—	$349
Sep 1993	21	2,438	15.03	—	$316
Aug 1993	16	2,584	15.66	—	$251
Jul 1993	17	2,596	15.46	—	$263
Jun 1993	19	2,576	16.79	—	$319
May 1993	18	2,615	17.68	—	$318
Apr 1993	20	2,503	18.05	—	$361
Mar 1993	22	2,600	18.14	—	$399
Feb 1993	20	2,370	17.90	—	$358
Jan 1993	21	2,633	16.93	—	$356

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 1998 — as filed, then multipliedworked

Condensate             5 bbl  × $ 12.80 =        $64
Gas                    0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                      $64

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. 08/G/138772 is the state's own key, not one this site invented.