RAY 'A'

Name: RAY 'A' lease production and value, Apr 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 144847District 08Field 20097700CondensateGasSave Export

Value, all time

$68 k

Apr 1993 – Jun 1998

Value, last 12 filed months

$32 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	950 bbl	$16,307
Gas	Production	116,847 Mcf	$52,074
Total			$68,382

96,132 Mcf of this lease's gas, across 45 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 31.7854, -101.2111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78540, -101.21109 · 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

8,280 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 8,280 ft.

Completions filed

Jan 1983

1 of 1 wells

1 well


42-43131268	931	8,280 ft	Jan 1983	—	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 (63)

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

63 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	20	1,236	13.95	2.30	$3,121
Jan 1998	22	1,383	14.70	2.15	$3,303
Dec 1997	19	1,363	16.32	2.41	$3,596
Nov 1997	18	1,362	18.19	3.09	$4,534
Oct 1997	18	1,513	19.25	3.15	$5,112
Sep 1997	15	1,503	17.74	2.95	$4,707
Aug 1997	15	1,536	17.86	2.55	$4,192
Jul 1997	15	1,551	17.58	2.25	$3,749
Jun 1997	15	1,539	17.24	2.26	$3,732
May 1997	17	1,551	18.97	2.31	$3,903
Apr 1997	21	1,519	17.88	2.08	$3,539
Mar 1997	24	1,649	18.95	1.94	$3,652
Feb 1997	22	1,444	20.49	2.21	$3,636
Jan 1997	19	1,566	23.48	3.54	$5,989
Dec 1996	27	1,684	23.32	—	$630
Nov 1996	19	1,711	21.97	—	$417
Oct 1996	22	1,806	23.31	—	$513
Sep 1996	17	1,772	22.22	—	$378
Aug 1996	13	1,855	20.26	—	$263
Jul 1996	8	1,875	19.55	—	$156
Jun 1996	6	1,838	18.73	—	$112
May 1996	6	1,936	19.43	—	$117
Apr 1996	13	1,847	21.51	—	$280
Mar 1996	16	1,925	19.38	—	$310
Feb 1996	15	1,785	16.98	—	$255
Jan 1996	18	1,890	17.07	—	$307
Dec 1995	16	1,969	17.19	—	$275
Nov 1995	13	1,914	16.00	—	$208
Oct 1995	11	2,038	15.43	—	$170
Sep 1995	8	2,060	16.18	—	$129
Aug 1995	6	2,198	15.92	—	$96
Jul 1995	7	2,164	15.24	—	$107
Jun 1995	12	2,115	16.41	—	$197
May 1995	12	2,093	17.56	—	$211
Apr 1995	15	2,066	17.73	—	$266
Mar 1995	20	2,089	16.44	—	$329
Feb 1995	19	1,857	16.58	—	$315
Jan 1995	21	2,052	15.92	—	$334
Dec 1994	19	2,109	15.03	—	$286
Nov 1994	13	2,093	15.90	—	$207
Oct 1994	8	2,207	15.58	—	$125
Sep 1994	7	2,203	15.29	—	$107
Aug 1994	8	2,300	16.13	—	$129
Jul 1994	11	2,344	17.56	—	$193
Jun 1994	12	2,289	17.09	—	$205
May 1994	22	2,389	15.88	—	$349
Apr 1994	17	2,322	14.14	—	$240
Mar 1994	21	2,443	12.46	—	$262
Feb 1994	19	2,158	12.50	—	$238
Jan 1994	22	2,388	12.66	—	$279
Dec 1993	25	2,416	12.33	—	$308
Nov 1993	26	2,384	14.49	—	$377
Oct 1993	19	2,494	15.85	—	$301
Sep 1993	17	2,471	15.03	—	$256
Aug 1993	15	2,553	15.66	—	$235
Jul 1993	18	2,566	15.46	—	$278
Jun 1993	17	2,501	16.79	—	$285
May 1993	15	2,507	17.68	—	$265
Apr 1993	14	2,456	18.05	—	$253

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/144847 is the state's own key, not one this site invented.