RAYBURN

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

Operated by PRIME OPERATING COMPANY (P-5 677770) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28330District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – Jan 2016

Value, last 12 filed months

at the published price for each month

Months reported

277

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	29,594 bbl	$961,279
Casinghead gas	Production	85,879 Mcf	$223,403
Total			$1,184,681

31,759 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 (2)

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 31.9311, -102.0025. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.93235, -102.00488 · centre of 1 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

9,400 ft

2 wells filed one

Completion to plug

25.2 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 9,400 and 9,400 ft, median 9,400 ft, over the 2 wells that filed a depth.

Completions filed

Aug 1983 – Apr 1984

2 of 2 wells

Plug dates filed

Apr 2002 – Dec 2015

2 of 2 wells

Last completion to plug: a median of 25.2 years across the 2 wells that filed both dates, with the middle half between 21.6 years and 28.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32931309	2	9,400 ft	Apr 1984	Apr 2002	Yes
42-32931173	1	9,400 ft	Aug 1983	Dec 2015	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 (277)

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

277 months


Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	55	0	86.77	3.42	$4,772
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	173	35	92.66	2.91	$16,132
Jul 2012	0	130	85.13	3.02	$393
Jun 2012	0	128	79.82	2.52	$322
May 2012	174	0	91.61	2.49	$15,940
Apr 2012	180	0	101.65	2.00	$18,297
Mar 2012	0	78	105.05	2.22	$173
Feb 2012	0	85	101.10	2.57	$218
Jan 2012	0	118	98.09	2.73	$323
Dec 2011	167	117	96.87	3.24	$16,556
Nov 2011	0	81	95.72	3.31	$268
Oct 2011	170	77	84.98	3.65	$14,728
Sep 2011	0	59	83.62	3.99	$235
Aug 2011	169	63	83.40	4.15	$14,356
Jul 2011	0	52	94.14	4.52	$235
Jun 2011	162	5	92.90	4.64	$15,073
May 2011	0	85	98.13	4.40	$374
Apr 2011	0	120	105.96	4.33	$520
Mar 2011	161	124	96.36	4.06	$16,017
Feb 2011	0	119	85.64	4.18	$497
Jan 2011	168	151	86.50	4.59	$15,225
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	106	131	80.84	3.80	$9,066
Oct 2010	185	131	78.10	3.51	$14,908
Sep 2010	0	93	72.63	3.98	$370
Aug 2010	147	100	73.68	4.42	$11,273
Jul 2010	0	16	72.55	4.74	$76
Jun 2010	0	40	70.36	4.91	$196
May 2010	177	22	71.12	4.24	$12,681
Apr 2010	0	153	81.69	4.12	$631
Mar 2010	162	162	78.39	4.39	$13,410
Feb 2010	0	137	73.58	5.44	$746
Jan 2010	159	196	74.36	5.96	$12,992
Dec 2009	0	200	71.44	5.48	$1,097
Nov 2009	159	160	74.59	3.75	$12,460
Oct 2009	0	178	72.54	4.11	$732
Sep 2009	0	172	65.54	3.06	$527
Aug 2009	177	121	67.42	3.22	$12,323
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	180	0	66.16	3.90	$11,909
May 2009	0	0	54.74	3.93	$0
Apr 2009	178	0	46.77	3.59	$8,325
Mar 2009	0	64	42.14	4.06	$260
Feb 2009	187	135	32.81	4.63	$6,761
Jan 2009	0	146	35.86	5.37	$784
Dec 2008	0	179	37.10	5.98	$1,070
Nov 2008	159	158	55.49	6.86	$9,907
Oct 2008	180	181	75.24	6.92	$14,796
Sep 2008	0	126	101.76	7.88	$993
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	176	145	131.08	11.39	$24,722
Jun 2008	0	150	131.33	13.03	$1,955
May 2008	0	179	123.17	11.57	$2,072
Apr 2008	177	173	110.31	10.45	$21,334
Mar 2008	178	186	101.90	9.66	$19,936
Feb 2008	0	188	92.53	8.77	$1,649
Jan 2008	0	118	90.38	8.21	$968
Dec 2007	183	175	88.33	7.30	$17,442
Nov 2007	0	174	91.67	7.29	$1,269
Oct 2007	0	179	82.85	6.92	$1,239
Sep 2007	152	185	75.84	6.24	$12,683
Aug 2007	0	195	69.06	6.39	$1,246
Jul 2007	161	191	70.90	6.39	$12,635
Jun 2007	0	188	62.00	7.55	$1,419
May 2007	112	193	58.74	7.85	$8,093
Apr 2007	181	180	59.61	7.81	$12,194
Mar 2007	0	193	56.92	7.30	$1,409
Feb 2007	180	182	55.10	8.22	$11,413
Jan 2007	0	183	50.30	6.73	$1,231
Dec 2006	1	184	56.65	6.92	$1,330
Nov 2006	108	160	54.20	7.62	$7,072
Oct 2006	45	200	54.90	6.01	$3,673
Sep 2006	85	192	60.08	5.04	$6,074
Aug 2006	146	200	68.71	7.34	$11,500
Jul 2006	168	184	69.37	6.34	$12,821
Jun 2006	1	100	66.28	6.38	$705
May 2006	0	201	66.01	6.42	$1,291
Apr 2006	167	198	64.39	7.36	$12,211
Mar 2006	2	211	56.70	7.08	$1,608
Feb 2006	160	189	57.59	7.75	$10,679
Jan 2006	1	211	60.59	8.93	$1,946
Dec 2005	155	197	54.94	13.42	$11,159
Nov 2005	1	196	54.69	10.59	$2,130
Oct 2005	176	152	58.34	13.80	$12,365
Sep 2005	0	182	61.45	12.08	$2,198
Aug 2005	180	211	61.51	9.80	$13,139
Jul 2005	0	213	55.69	7.84	$1,671
Jun 2005	60	219	52.33	7.38	$4,756
May 2005	153	208	45.22	6.65	$8,302
Apr 2005	0	176	49.20	7.36	$1,295
Mar 2005	122	218	50.37	7.15	$7,705
Feb 2005	70	208	45.22	6.31	$4,478
Jan 2005	100	227	43.16	6.32	$5,751
Dec 2004	99	233	39.86	6.75	$5,519
Nov 2004	62	221	45.28	6.33	$4,206
Oct 2004	118	200	49.70	6.52	$7,168
Sep 2004	82	195	43.24	5.28	$4,576
Aug 2004	72	142	42.37	5.55	$3,839
Jul 2004	77	156	38.28	6.08	$3,897
Jun 2004	59	198	36.10	6.43	$3,404
May 2004	101	153	37.48	6.49	$4,779
Apr 2004	70	173	34.47	5.86	$3,426
Mar 2004	103	206	34.36	5.53	$4,678
Feb 2004	84	196	32.45	5.51	$3,806
Jan 2004	84	216	32.03	6.30	$4,051
Dec 2003	88	225	30.26	6.30	$4,081
Nov 2003	88	198	28.80	4.60	$3,444
Oct 2003	106	208	28.17	4.76	$3,976
Sep 2003	67	211	26.31	4.75	$2,765
Aug 2003	96	152	29.76	5.13	$3,637
Jul 2003	74	188	29.41	5.17	$3,148
Jun 2003	100	176	28.56	5.98	$3,909
May 2003	63	196	26.59	5.97	$2,846
Apr 2003	96	189	26.67	5.41	$3,582
Mar 2003	83	175	31.14	6.10	$3,651
Feb 2003	88	202	33.48	7.93	$4,547
Jan 2003	60	223	30.31	5.58	$3,063
Dec 2002	141	228	26.91	4.85	$4,901
Nov 2002	72	230	24.66	4.14	$2,727
Oct 2002	105	237	26.46	4.23	$3,781
Sep 2002	62	216	27.44	3.64	$2,486
Aug 2002	109	219	25.96	3.16	$3,523
Jul 2002	79	230	24.58	3.06	$2,646
Jun 2002	110	225	23.73	3.34	$3,361
May 2002	45	238	24.66	3.58	$1,963
Apr 2002	159	237	23.65	3.51	$4,593
Mar 2002	46	122	22.00	3.10	$1,391
Feb 2002	129	185	18.22	2.38	$2,790
Jan 2002	74	242	17.17	2.38	$1,845
Dec 2001	64	229	16.93	2.36	$1,625
Nov 2001	146	225	18.07	2.41	$3,179
Oct 2001	83	217	19.78	2.53	$2,191
Sep 2001	86	219	24.26	2.25	$2,579
Aug 2001	89	235	24.87	3.05	$2,931
Jul 2001	104	245	23.93	3.20	$3,272
Jun 2001	93	392	24.56	3.82	$3,783
May 2001	157	526	25.52	4.31	$6,272
Apr 2001	65	519	24.68	5.34	$4,373
Mar 2001	86	482	24.54	5.38	$4,702
Feb 2001	96	430	27.75	5.77	$5,144
Jan 2001	102	455	27.47	8.40	$6,623
Dec 2000	157	494	26.88	9.12	$8,727
Nov 2000	1	289	32.21	5.66	$1,667
Oct 2000	144	559	31.23	5.15	$7,373
Sep 2000	112	403	31.87	5.19	$5,660
Aug 2000	95	665	29.64	4.54	$5,835
Jul 2000	86	681	28.53	4.09	$5,239
Jun 2000	86	588	29.30	4.40	$5,105
May 2000	86	609	27.26	3.68	$4,585
Apr 2000	70	571	24.51	3.12	$3,495
Mar 2000	143	657	28.42	2.86	$5,943
Feb 2000	90	551	27.62	2.73	$3,988
Jan 2000	194	639	25.27	2.48	$6,487
Dec 1999	30	759	24.28	2.42	$2,568
Nov 1999	122	676	23.19	2.43	$4,475
Oct 1999	78	494	20.98	2.80	$3,021
Sep 1999	84	589	21.75	2.62	$3,370
Aug 1999	160	560	19.26	2.88	$4,692
Jul 1999	75	1,373	17.89	2.37	$4,599
Jun 1999	110	974	15.94	2.36	$4,054
May 1999	93	1,130	15.79	2.32	$4,091
Apr 1999	96	1,096	15.10	2.21	$3,870
Mar 1999	107	953	12.47	1.84	$3,086
Feb 1999	211	753	9.98	1.82	$3,475
Jan 1999	2	573	10.38	1.90	$1,109
Dec 1998	178	331	9.20	1.77	$2,225
Nov 1998	179	350	10.89	2.19	$2,714
Oct 1998	183	559	12.42	1.97	$3,374
Sep 1998	228	447	12.59	2.08	$3,801
Aug 1998	182	504	11.30	1.91	$3,018
Jul 1998	179	586	11.74	2.24	$3,413
Jun 1998	181	896	11.24	2.24	$4,039
May 1998	180	951	12.62	2.21	$4,370
Apr 1998	180	699	13.04	2.51	$4,098
Mar 1998	189	630	12.80	2.31	$3,874
Feb 1998	384	869	13.95	2.30	$7,355
Jan 1998	183	582	14.70	2.15	$3,944
Dec 1997	181	593	16.32	2.41	$4,384
Nov 1997	176	483	18.19	3.09	$4,693
Oct 1997	177	495	19.25	3.15	$4,966
Sep 1997	179	442	17.74	2.95	$4,482
Aug 1997	177	502	17.86	2.55	$4,444
Jul 1997	181	376	17.58	2.25	$4,027
Jun 1997	343	507	17.24	2.26	$7,058
May 1997	173	467	18.97	2.31	$4,360
Apr 1997	182	578	17.88	2.08	$4,458
Mar 1997	234	636	18.95	1.94	$5,668
Feb 1997	182	485	20.49	2.21	$4,799
Jan 1997	177	479	23.48	3.54	$5,851
Dec 1996	182	569	23.32	—	$4,244
Nov 1996	245	601	21.97	—	$5,383
Oct 1996	219	639	23.31	—	$5,105
Sep 1996	174	746	22.22	—	$3,866
Aug 1996	345	804	20.26	—	$6,990
Jul 1996	175	544	19.55	—	$3,421
Jun 1996	179	666	18.73	—	$3,353
May 1996	173	675	19.43	—	$3,361
Apr 1996	209	556	21.51	—	$4,496
Mar 1996	182	485	19.38	—	$3,527
Feb 1996	247	528	16.98	—	$4,194
Jan 1996	238	558	17.07	—	$4,063
Dec 1995	238	606	17.19	—	$4,091
Nov 1995	176	733	16.00	—	$2,816
Oct 1995	222	855	15.43	—	$3,425
Sep 1995	293	745	16.18	—	$4,741
Aug 1995	192	724	15.92	—	$3,057
Jul 1995	211	1,016	15.24	—	$3,216
Jun 1995	175	878	16.41	—	$2,872
May 1995	223	767	17.56	—	$3,916
Apr 1995	249	839	17.73	—	$4,415
Mar 1995	201	852	16.44	—	$3,304
Feb 1995	185	522	16.58	—	$3,067
Jan 1995	308	589	15.92	—	$4,903
Dec 1994	203	605	15.03	—	$3,051
Nov 1994	183	597	15.90	—	$2,910
Oct 1994	238	634	15.58	—	$3,708
Sep 1994	291	613	15.29	—	$4,449
Aug 1994	176	659	16.13	—	$2,839
Jul 1994	233	637	17.56	—	$4,091
Jun 1994	257	624	17.09	—	$4,392
May 1994	173	629	15.88	—	$2,747
Apr 1994	239	622	14.14	—	$3,379
Mar 1994	238	624	12.46	—	$2,965
Feb 1994	337	552	12.50	—	$4,213
Jan 1994	446	611	12.66	—	$5,646
Dec 1993	1	616	12.33	—	$12
Nov 1993	180	604	14.49	—	$2,608
Oct 1993	273	633	15.85	—	$4,327
Sep 1993	216	630	15.03	—	$3,246
Aug 1993	233	664	15.66	—	$3,649
Jul 1993	345	677	15.46	—	$5,334
Jun 1993	172	662	16.79	—	$2,888
May 1993	260	691	17.68	—	$4,597
Apr 1993	344	672	18.05	—	$6,209
Mar 1993	177	703	18.14	—	$3,211
Feb 1993	278	618	17.90	—	$4,976
Jan 1993	182	685	16.93	—	$3,081

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.

Dec 2012 — as filed, then multipliedworked

Oil                   55 bbl  × $ 86.77 =     $4,772
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $4,772

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/28330 is the state's own key, not one this site invented.