PRICE, RUTH, GAS UNIT NO. 1

Operated by OLSEN ENERGY INC. (P-5 621750) in the EL CINCO (WICHITA ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 48481District 08Field 27946664Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1970-03-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/96.

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
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
GasProduction440,207 Mcf$1,540,613
Total$1,540,613

85,359 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 31.0232, -102.2451. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02322, -102.24508 · 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
5,390 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 5,390 ft.

Completions filed
May 1990
1 of 1 wells

1 well

42-371303281 U5,390 ftMay 1990

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 (401)

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

401 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 20201,29034.901.69$2,181
May 202053316.921.81$967
Apr 202057014.751.80$1,029
Mar 202082330.341.86$1,528
Feb 202098049.881.98$1,941
Jan 20201,14157.252.09$2,390
Dec 20191,20859.012.30$2,784
Nov 20191,14455.302.75$3,147
Oct 20191,07353.472.42$2,595
Sep 20191,17855.052.66$3,130
Aug 20191,16853.112.30$2,691
Jul 20191,16256.272.46$2,859
Jun 20191,27752.782.49$3,181
May 201945258.482.74$1,239
Apr 201983162.632.75$2,286
Mar 20191,05256.803.06$3,221
Feb 201992450.852.79$2,580
Jan 20191,20246.033.23$3,880
Dec 20181,16546.594.19$4,876
Nov 20181,30752.934.24$5,538
Oct 201840861.443.40$1,386
Sep 201855759.543.11$1,731
Aug 201889659.403.07$2,748
Jul 201872565.142.93$2,126
Jun 201882660.183.08$2,542
May 201897165.382.90$2,817
Apr 201895063.842.90$2,756
Mar 20181,00861.222.79$2,809
Feb 201888161.782.77$2,437
Jan 201861062.874.01$2,446
Dec 201768757.272.92$2,007
Nov 20171,06455.423.12$3,318
Oct 20171,26149.292.98$3,762
Sep 201776447.523.09$2,359
Aug 20171,16645.373.00$3,503
Jul 20171,30743.873.09$4,035
Jun 20171,20442.493.09$3,717
May 20171,31945.373.26$4,304
Apr 20171,43247.933.21$4,599
Mar 20171,46546.772.98$4,371
Feb 20171,00950.452.95$2,979
Jan 20171,21249.413.42$4,144
Dec 20161,40948.763.72$5,245
Nov 20161,39542.492.64$3,689
Oct 20161,24846.193.09$3,857
Sep 201667241.553.10$2,084
Aug 20161,33041.442.92$3,889
Jul 20161,14641.622.92$3,351
Jun 20161,31145.352.69$3,521
May 20161,25942.521.99$2,507
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 201620526.472.06$423
Jan 20161,20227.352.36$2,842
Dec 20151,60932.362.00$3,220
Nov 20151,34738.792.17$2,919
Oct 20151,49743.552.43$3,633
Sep 20151,44042.992.76$3,972
Aug 20151,54940.162.87$4,449
Jul 20151,36848.152.95$4,029
Jun 20151,25156.152.88$3,606
May 201584455.212.96$2,494
Apr 201580749.822.71$2,184
Mar 20151,19542.892.93$3,507
Feb 201574344.662.98$2,211
Jan 20151,00643.433.10$3,119
Dec 201498554.693.59$3,537
Nov 201472370.464.25$3,074
Oct 20141,60778.303.90$6,269
Sep 20141,67086.164.05$6,756
Aug 20141,23789.394.04$4,991
Jul 20141,37996.564.18$5,764
Jun 20141,38898.164.74$6,575
May 20141,29294.734.73$6,107
Apr 201482595.944.81$3,968
Mar 20141,37995.895.06$6,973
Feb 20141,87197.406.19$11,585
Jan 20142,07390.404.86$10,076
Dec 20131,51291.824.35$6,584
Nov 20137688.853.74$284
Oct 201356897.423.78$2,147
Sep 20131,121104.113.72$4,168
Aug 20131,446104.253.52$5,094
Jul 20131,471102.523.72$5,469
Jun 20131,67394.403.93$6,581
May 20131,69394.834.15$7,024
Apr 20131,54993.964.28$6,634
Mar 20131,93893.623.91$7,583
Feb 20131,72891.233.42$5,910
Jan 20131,83591.603.42$6,276
Dec 20121,35886.773.42$4,645
Nov 20121,80886.953.62$6,554
Oct 20122,31189.383.40$7,857
Sep 20122,29394.672.92$6,692
Aug 201264792.662.91$1,882
Jul 20121,09885.133.02$3,317
Jun 20121,72279.822.52$4,338
May 20121,49791.612.49$3,725
Apr 20121,621101.652.00$3,237
Mar 20121,339105.052.22$2,975
Feb 20121,115101.102.57$2,866
Jan 20121,43298.092.73$3,915
Dec 20111,14496.873.24$3,706
Nov 20111,37295.723.31$4,543
Oct 20111,32484.983.65$4,831
Sep 20111,31783.623.99$5,249
Aug 20111,28183.404.15$5,315
Jul 20111,57594.144.52$7,115
Jun 20111,47392.904.64$6,835
May 20111,55098.134.40$6,827
Apr 20111,384105.964.33$5,997
Mar 20111,26396.364.06$5,124
Feb 20111,61385.644.18$6,742
Jan 201126286.504.59$1,202
Dec 201032585.734.35$1,413
Nov 201098280.843.80$3,727
Oct 20101,15178.103.51$4,039
Sep 20101,20072.633.98$4,775
Aug 20101,25673.684.42$5,551
Jul 20101,09372.554.74$5,177
Jun 20101,21870.364.91$5,981
May 20101,08371.124.24$4,587
Apr 201095681.694.12$3,941
Mar 20101,06978.394.39$4,691
Feb 20101,00073.585.44$5,442
Jan 20101,19474.365.96$7,121
Dec 200996971.445.48$5,314
Nov 200983274.593.75$3,121
Oct 20091,04272.544.11$4,283
Sep 20091,16365.543.06$3,564
Aug 20091,39967.423.22$4,503
Jul 200983661.133.46$2,896
Jun 200966266.163.90$2,578
May 200998354.743.93$3,859
Apr 20091,36546.773.59$4,897
Mar 200999442.144.06$4,035
Feb 200985232.814.63$3,947
Jan 20091,12335.865.37$6,032
Dec 200888337.105.98$5,278
Nov 200889055.496.86$6,106
Oct 200877075.246.92$5,330
Sep 20081,149101.767.88$9,051
Aug 2008962114.228.48$8,161
Jul 2008768131.0811.39$8,747
Jun 2008997131.3313.03$12,994
May 20081,161123.1711.57$13,438
Apr 20081,209110.3110.45$12,640
Mar 20081,318101.909.66$12,737
Feb 20081,36192.538.77$11,937
Jan 20081,25190.388.21$10,265
Dec 200797788.337.30$7,134
Nov 200790891.677.29$6,621
Oct 200795582.856.92$6,610
Sep 20071,48775.846.24$9,285
Aug 200790569.066.39$5,781
Jul 20071,18470.906.39$7,563
Jun 20071,28262.007.55$9,677
May 20071,39158.747.85$10,914
Apr 20071,12059.617.81$8,742
Mar 20071,05256.927.30$7,682
Feb 20071,32555.108.22$10,886
Jan 20071,13750.306.73$7,648
Dec 20061,24056.656.92$8,579
Nov 200669654.207.62$5,302
Oct 200698454.906.01$5,918
Sep 20061,03160.085.04$5,193
Aug 20061,35168.717.34$9,916
Jul 20061,60169.376.34$10,155
Jun 20061,23966.286.38$7,910
May 20061,40766.016.42$9,040
Apr 20061,46864.397.36$10,805
Mar 20061,15456.707.08$8,174
Feb 20061,26357.597.75$9,790
Jan 20061,87060.598.93$16,705
Dec 20051,71354.9413.42$22,981
Nov 20051,42254.6910.59$15,057
Oct 20051,33458.3413.80$18,404
Sep 20051,10961.4512.08$13,396
Aug 200598161.519.80$9,611
Jul 20051,40755.697.84$11,036
Jun 20051,27552.337.38$9,411
May 20051,29545.226.65$8,613
Apr 20051,12649.207.36$8,288
Mar 20051,05050.377.15$7,513
Feb 20051,47545.226.31$9,310
Jan 20051,67043.166.32$10,558
Dec 20041,51439.866.75$10,221
Nov 20041,39745.286.33$8,844
Oct 20041,45549.706.52$9,479
Sep 20041,08743.245.28$5,744
Aug 20041,33842.375.55$7,427
Jul 20041,52338.286.08$9,266
Jun 20041,15136.106.43$7,404
May 20041,00037.486.49$6,495
Apr 20041,09434.475.86$6,409
Mar 20041,34934.365.53$7,460
Feb 20041,09632.455.51$6,039
Jan 20041,34532.036.30$8,473
Dec 200394530.266.30$5,955
Nov 20031,06028.804.60$4,871
Oct 20031,45828.174.76$6,940
Sep 20031,28326.314.75$6,093
Aug 20031,39429.765.13$7,151
Jul 20031,66929.415.17$8,630
Jun 20031,67528.565.98$10,021
May 20031,90326.595.97$11,366
Apr 20031,47326.675.41$7,965
Mar 20031,76631.146.10$10,766
Feb 20031,07533.487.93$8,520
Jan 200396130.315.58$5,364
Dec 20021,20226.914.85$5,834
Nov 20021,28124.664.14$5,299
Oct 200289926.464.23$3,802
Sep 20021,19727.443.64$4,351
Aug 20021,11925.963.16$3,541
Jul 20021,15324.583.06$3,530
Jun 20021,26623.733.34$4,226
May 20021,25124.663.58$4,484
Apr 20021,47123.653.51$5,167
Mar 20021,60722.003.10$4,986
Feb 20021,57518.222.38$3,742
Jan 20021,85317.172.38$4,402
Dec 200196816.932.36$2,289
Nov 200110518.072.41$253
Oct 20011,95419.782.53$4,941
Sep 20012,13624.262.25$4,809
Aug 20011,79224.873.05$5,471
Jul 20011,24023.933.20$3,964
Jun 20011,22524.563.82$4,685
May 20011,34625.524.31$5,798
Apr 20011,62524.685.34$8,670
Mar 20011,47024.545.38$7,903
Feb 20011,59527.755.77$9,198
Jan 20011,51327.478.40$12,707
Dec 20001,34126.889.12$12,233
Nov 20001,63332.215.66$9,240
Oct 20002,11331.235.15$10,872
Sep 20002,28931.875.19$11,872
Aug 20001,61329.644.54$7,324
Jul 20001,75928.534.09$7,194
Jun 20001,58129.304.40$6,952
May 200025727.263.68$946
Apr 200026624.513.12$829
Mar 20001,53428.422.86$4,387
Feb 20001,82727.622.73$4,981
Jan 20001,99925.272.48$4,959
Dec 19991,92524.282.42$4,666
Nov 19991,87323.192.43$4,559
Oct 19991,95820.982.80$5,490
Sep 19991,36921.752.62$3,585
Aug 19991,21919.262.88$3,505
Jul 19991,41317.892.37$3,352
Jun 19991,61315.942.36$3,810
May 19991,57415.792.32$3,653
Apr 19991,45115.102.21$3,204
Mar 19991,39212.471.84$2,559
Feb 19991,3419.981.82$2,438
Jan 19991,57610.381.90$2,994
Dec 19981,4759.201.77$2,616
Nov 19981,29110.892.19$2,822
Oct 19981,69112.421.97$3,330
Sep 19981,43412.592.08$2,986
Aug 19981,74411.301.91$3,326
Jul 19981,85911.742.24$4,159
Jun 19981,60211.242.24$3,584
May 19981,63312.622.21$3,603
Apr 19981,24813.042.51$3,127
Mar 19981,42712.802.31$3,296
Feb 19981,39813.952.30$3,214
Jan 19981,78014.702.15$3,836
Dec 19971,83616.322.41$4,427
Nov 19972,12018.193.09$6,547
Oct 19972,26319.253.15$7,128
Sep 19971,68017.742.95$4,964
Aug 19971,03917.862.55$2,654
Jul 19971,22717.582.25$2,757
Jun 19971,23317.242.26$2,783
May 19971,57618.972.31$3,638
Apr 19971,16017.882.08$2,416
Mar 19971,16718.951.94$2,263
Feb 19971,03020.492.21$2,272
Jan 199794223.483.54$3,334
Dec 19961,61923.32$0
Nov 19961,60221.97$0
Oct 19962,16723.31$0
Sep 199668122.22$0
Aug 19961,34120.26$0
Jul 19961,78019.55$0
Jun 19961,79118.73$0
May 19961,91319.43$0
Apr 19961,26721.51$0
Mar 19961,15719.38$0
Feb 19961,63716.98$0
Jan 19961,08917.07$0
Dec 19951,25117.19$0
Nov 19951,75716.00$0
Oct 19951,47115.43$0
Sep 19951,31716.18$0
Aug 19951,54515.92$0
Jul 19951,81315.24$0
Jun 19951,73616.41$0
May 19951,60317.56$0
Apr 19951,29117.73$0
Mar 19951,72216.44$0
Feb 19951,62416.58$0
Jan 19951,68715.92$0
Dec 19941,89315.03$0
Nov 19941,90915.90$0
Oct 19941,99815.58$0
Sep 19941,94215.29$0
Aug 19941,83516.13$0
Jul 19942,17117.56$0
Jun 19941,79917.09$0
May 19942,03915.88$0
Apr 19942,17514.14$0
Mar 19942,25012.46$0
Feb 19941,95012.50$0
Jan 19942,07812.66$0
Dec 19932,09112.33$0
Nov 19931,59514.49$0
Oct 19931,19615.85$0
Sep 19931,84415.03$0
Aug 19932,25815.66$0
Jul 19932,30715.46$0
Jun 19932,25816.79$0
May 19932,36017.68$0
Apr 19932,22218.05$0
Mar 19932,18118.14$0
Feb 19931,92817.90$0
Jan 19932,21916.93$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.

Jun 2020 — as filed, then multipliedworked
Gas                1,290 Mcf  × $  1.69 =     $2,181

────────────────────────────────────────────────────
Month total                                   $2,181

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/48481 is the state's own key, not one this site invented.