RAY, JENNIE, -A-

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 19888District 08Field 69357333OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jan 2001
Value, last 12 filed months
$96 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
OilDisposition62,480 bbl$1,079,718
Casinghead gasProduction21 Mcf$0
Total$1,079,718

21 Mcf of this lease's gas, across 21 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 (4)

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 31.8053, -101.2060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.80488, -101.20594 · 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%
4 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
1,401 ft
4 wells filed one
Completion to plug
38.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
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

Between 1,395 and 2,326 ft, median 1,401 ft, over the 4 wells that filed a depth.

Completions filed
Sep 1980 – Sep 2000
3 of 4 wells; 1 filed none
Plug dates filed
Aug 2018 – Sep 2018
2 of 4 wells; 2 filed none

Last completion to plug: a median of 38.0 years across the 1 well that filed both dates, with the middle half between 38.0 years and 38.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4311047531,400 ftAug 2018Yes
42-4311044721,401 ftSep 2000Yes
42-4311030611,395 ftJul 1994Yes
42-431308884A2,326 ftSep 1980Sep 2018Yes

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 2000906029.304.40$26,546
May 2000640027.263.68$17,446
Apr 2000651024.513.12$15,956
Mar 2000650028.422.86$18,473
Feb 2000619027.622.73$17,097
Jan 2000817025.272.48$20,646
Dec 1999683024.282.42$16,583
Nov 1999662023.192.43$15,352
Oct 1999800020.982.80$16,784
Sep 1999645021.752.62$14,029
Aug 1999666019.262.88$12,827
Jul 1999682017.892.37$12,201
Jun 1999696015.942.36$11,094
May 1999509015.792.32$8,037
Apr 1999546015.102.21$8,245
Mar 1999510012.471.84$6,360
Feb 199950409.981.82$5,030
Jan 1999354010.381.90$3,675
Dec 199851409.201.77$4,729
Nov 1998351010.892.19$3,822
Oct 1998325012.421.97$4,037
Sep 1998485012.592.08$6,106
Aug 1998504011.301.91$5,695
Jul 1998324011.742.24$3,804
Jun 1998292011.242.24$3,282
May 1998349012.622.21$4,404
Apr 1998510013.042.51$6,650
Mar 1998656012.802.31$8,397
Feb 1998532013.952.30$7,421
Jan 1998518014.702.15$7,615
Dec 1997530016.322.41$8,650
Nov 1997670018.193.09$12,187
Oct 1997554019.253.15$10,665
Sep 1997663017.742.95$11,762
Aug 1997638017.862.55$11,395
Jul 1997474017.582.25$8,333
Jun 1997328017.242.26$5,655
May 1997514018.972.31$9,751
Apr 1997421017.882.08$7,527
Mar 1997495018.951.94$9,380
Feb 1997496020.492.21$10,163
Jan 1997497023.483.54$11,670
Dec 1996615023.32$14,342
Nov 1996513021.97$11,271
Oct 1996512023.31$11,935
Sep 1996495022.22$10,999
Aug 1996323020.26$6,544
Jul 1996490019.55$9,580
Jun 1996457018.73$8,560
May 1996484019.43$9,404
Apr 1996660021.51$14,197
Mar 1996343019.38$6,647
Feb 1996487016.98$8,269
Jan 1996655017.07$11,181
Dec 1995498017.19$8,561
Nov 1995644016.00$10,304
Oct 1995489015.43$7,545
Sep 1995651016.18$10,533
Aug 1995822015.92$13,086
Jul 1995795015.24$12,116
Jun 1995599016.41$9,830
May 1995640017.56$11,238
Apr 1995806017.73$14,290
Mar 1995787016.44$12,938
Feb 1995636016.58$10,545
Jan 1995798015.92$12,704
Dec 1994815015.03$12,249
Nov 19941,134015.90$18,031
Oct 1994816015.58$12,713
Sep 1994984115.29$15,045
Aug 1994989116.13$15,953
Jul 1994808117.56$14,188
Jun 1994990117.09$16,919
May 1994806115.88$12,799
Apr 19941,115114.14$15,766
Mar 19941,131112.46$14,092
Feb 1994811112.50$10,138
Jan 19941,148112.66$14,534
Dec 1993806112.33$9,938
Nov 19931,410114.49$20,431
Oct 1993975115.85$15,454
Sep 1993687115.03$10,326
Aug 19931,235115.66$19,340
Jul 19931,054115.46$16,295
Jun 19931,219116.79$20,467
May 19931,582117.68$27,970
Apr 19931,033118.05$18,646
Mar 1993842118.14$15,274
Feb 19931,193117.90$21,355
Jan 19931,518116.93$25,700

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                  906 bbl  × $ 29.30 =    $26,546
Casinghead gas         0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                  $26,546

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/19888 is the state's own key, not one this site invented.