RAY, JENNIE

Operated by MARATHON OIL COMPANY (P-5 525380) in the PAROCHIAL-BADE, W. (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19360District 08Field 69357333OilCasinghead gasSaveExport
Value, all time
$553 k
Jan 1993 – Jan 2001
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
97
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 3 leases and 13 wells, and the rule below applies to all of them.

Discovered
1965-04-12
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: CONS. TO PAROCHIAL BADE W. (CONS.) FIELD

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
OilDisposition31,305 bbl$553,485
Casinghead gasProduction6 Mcf$0
Total$553,485

6 Mcf of this lease's gas, across 6 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 (3)

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 31.8076, -101.2045. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.80761, -101.20455 · 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%
3 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
2,366 ft
3 wells filed one
Completion to plug
18.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
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

Between 1,412 and 2,460 ft, median 2,366 ft, over the 3 wells that filed a depth.

Completions filed
Apr 1968 – Sep 2000
3 of 3 wells
Plug dates filed
Aug 1986
1 of 3 wells; 2 filed none

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4311004612,460 ftSep 2000Yes
42-4311012321,412 ftApr 1994Yes
42-431100473D2,366 ftApr 1968Aug 1986Yes

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 (97)

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

97 months

Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000482029.304.40$14,123
May 2000324027.263.68$8,832
Apr 2000319024.513.12$7,819
Mar 2000154028.422.86$4,377
Feb 2000340027.622.73$9,391
Jan 2000322025.272.48$8,137
Dec 1999323024.282.42$7,842
Nov 1999345023.192.43$8,001
Oct 1999487020.982.80$10,217
Sep 1999317021.752.62$6,895
Aug 1999331019.262.88$6,375
Jul 1999345017.892.37$6,172
Jun 1999345015.942.36$5,499
May 1999344015.792.32$5,432
Apr 1999174015.102.21$2,627
Mar 1999498012.471.84$6,210
Feb 199934709.981.82$3,463
Jan 1999317010.381.90$3,290
Dec 199833109.201.77$3,045
Nov 1998504010.892.19$5,489
Oct 1998339012.421.97$4,210
Sep 1998168012.592.08$2,115
Aug 1998304011.301.91$3,435
Jul 1998532011.742.24$6,246
Jun 19980011.242.24$0
May 1998237012.622.21$2,991
Apr 1998477013.042.51$6,220
Mar 1998255012.802.31$3,264
Feb 1998501013.952.30$6,989
Jan 1998513014.702.15$7,541
Dec 1997447016.322.41$7,295
Nov 1997304018.193.09$5,530
Oct 1997310019.253.15$5,968
Sep 1997646017.742.95$11,460
Aug 1997269017.862.55$4,804
Jul 1997486017.582.25$8,544
Jun 1997525017.242.26$9,051
May 1997480018.972.31$9,106
Apr 1997505017.882.08$9,029
Mar 1997485018.951.94$9,191
Feb 1997164020.492.21$3,360
Jan 1997481023.483.54$11,294
Dec 1996613023.32$14,295
Nov 1996329021.97$7,228
Oct 1996494023.31$11,515
Sep 1996510022.22$11,332
Aug 1996504020.26$10,211
Jul 1996473019.55$9,247
Jun 1996475018.73$8,897
May 1996481019.43$9,346
Apr 1996476021.51$10,239
Mar 1996324019.38$6,279
Feb 1996462016.98$7,845
Jan 1996634017.07$10,822
Dec 1995328017.19$5,638
Nov 1995670016.00$10,720
Oct 1995464015.43$7,160
Sep 1995635016.18$10,274
Aug 1995477015.92$7,594
Jul 1995490015.24$7,468
Jun 1995472016.41$7,746
May 1995776017.56$13,627
Apr 1995631017.73$11,188
Mar 1995629016.44$10,341
Feb 1995308016.58$5,107
Jan 1995454015.92$7,228
Dec 1994473015.03$7,109
Nov 1994634015.90$10,081
Oct 1994311015.58$4,845
Sep 1994627115.29$9,587
Aug 1994324116.13$5,226
Jul 1994482117.56$8,464
Jun 1994486117.09$8,306
May 1994476115.88$7,559
Apr 19946114.14$85
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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 2000 — as filed, then multipliedworked
Oil                  482 bbl  × $ 29.30 =    $14,123
Casinghead gas         0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                  $14,123

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/O/19360 is the state's own key, not one this site invented.