STATE LUCKY STRIKE

Name: STATE LUCKY STRIKE lease production and value, Jun 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RING ENERGY, INC. (P-5 712382) in the MEANS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37113District 08Field 60137001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.6 M

Jun 2003 – Nov 2014

Value, last 12 filed months

$72 k

at the published price for each month

Months reported

138

no gaps in the span

Streams

oil, casinghead gas

The MEANS 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 70 leases and 1,755 wells, and the rule below applies to all of them.

Discovered

1934-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 ft

minimum

From a lease line

510 ft

minimum

A drilling unit in this field needs at least 20 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: “SURVEYS”

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	25,971 bbl	$1,489,054
Casinghead gas	Production	11,272 Mcf	$65,990
Total			$1,555,044

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 32.4961, -102.6247. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49610, -102.62473 · 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

4,904 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 4,904 ft.

Completions filed

Jul 2003

1 of 1 wells

1 well


42-00339085	1	4,904 ft	Jul 2003	—	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 (138)

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

138 months


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	250	0	94.73	4.73	$23,683
Apr 2014	163	6	95.94	4.81	$15,667
Mar 2014	0	6	95.89	5.06	$30
Feb 2014	172	6	97.40	6.19	$16,790
Jan 2014	0	16	90.40	4.86	$78
Dec 2013	176	16	91.82	4.35	$16,230
Nov 2013	0	10	88.85	3.74	$37
Oct 2013	0	10	97.42	3.78	$38
Sep 2013	173	11	104.11	3.72	$18,052
Aug 2013	0	10	104.25	3.52	$35
Jul 2013	171	9	102.52	3.72	$17,564
Jun 2013	0	11	94.40	3.93	$43
May 2013	171	5	94.83	4.15	$16,237
Apr 2013	0	21	93.96	4.28	$90
Mar 2013	172	18	93.62	3.91	$16,173
Feb 2013	0	34	91.23	3.42	$116
Jan 2013	174	51	91.60	3.42	$16,113
Dec 2012	0	51	86.77	3.42	$174
Nov 2012	169	51	86.95	3.62	$14,879
Oct 2012	0	28	89.38	3.40	$95
Sep 2012	168	40	94.67	2.92	$16,021
Aug 2012	0	57	92.66	2.91	$166
Jul 2012	172	75	85.13	3.02	$14,869
Jun 2012	173	68	79.82	2.52	$13,980
May 2012	0	73	91.61	2.49	$182
Apr 2012	0	49	101.65	2.00	$98
Mar 2012	175	37	105.05	2.22	$18,466
Feb 2012	174	25	101.10	2.57	$17,656
Jan 2012	0	67	98.09	2.73	$183
Dec 2011	172	68	96.87	3.24	$16,882
Nov 2011	0	50	95.72	3.31	$166
Oct 2011	166	54	84.98	3.65	$14,304
Sep 2011	0	1	83.62	3.99	$4
Aug 2011	0	20	83.40	4.15	$83
Jul 2011	157	20	94.14	4.52	$14,870
Jun 2011	0	3	92.90	4.64	$14
May 2011	171	8	98.13	4.40	$16,815
Apr 2011	0	14	105.96	4.33	$61
Mar 2011	169	5	96.36	4.06	$16,305
Feb 2011	0	10	85.64	4.18	$42
Jan 2011	170	14	86.50	4.59	$14,769
Dec 2010	0	8	85.73	4.35	$35
Nov 2010	177	13	80.84	3.80	$14,358
Oct 2010	161	37	78.10	3.51	$12,704
Sep 2010	0	16	72.63	3.98	$64
Aug 2010	161	3	73.68	4.42	$11,876
Jul 2010	174	13	72.55	4.74	$12,685
Jun 2010	174	1	70.36	4.91	$12,248
May 2010	0	9	71.12	4.24	$38
Apr 2010	149	9	81.69	4.12	$12,209
Mar 2010	172	21	78.39	4.39	$13,575
Feb 2010	173	21	73.58	5.44	$12,844
Jan 2010	170	26	74.36	5.96	$12,796
Dec 2009	0	3	71.44	5.48	$16
Nov 2009	169	8	74.59	3.75	$12,636
Oct 2009	180	6	72.54	4.11	$13,082
Sep 2009	174	43	65.54	3.06	$11,536
Aug 2009	159	27	67.42	3.22	$10,807
Jul 2009	0	9	61.13	3.46	$31
Jun 2009	174	28	66.16	3.90	$11,621
May 2009	174	25	54.74	3.93	$9,623
Apr 2009	0	18	46.77	3.59	$65
Mar 2009	173	22	42.14	4.06	$7,380
Feb 2009	173	30	32.81	4.63	$5,815
Jan 2009	169	30	35.86	5.37	$6,221
Dec 2008	173	38	37.10	5.98	$6,645
Nov 2008	173	22	55.49	6.86	$9,751
Oct 2008	0	47	75.24	6.92	$325
Sep 2008	170	43	101.76	7.88	$17,638
Aug 2008	171	22	114.22	8.48	$19,718
Jul 2008	173	43	131.08	11.39	$23,167
Jun 2008	178	39	131.33	13.03	$23,885
May 2008	171	31	123.17	11.57	$21,421
Apr 2008	173	17	110.31	10.45	$19,261
Mar 2008	0	15	101.90	9.66	$145
Feb 2008	159	26	92.53	8.77	$14,940
Jan 2008	169	29	90.38	8.21	$15,512
Dec 2007	177	54	88.33	7.30	$16,029
Nov 2007	173	44	91.67	7.29	$16,180
Oct 2007	172	44	82.85	6.92	$14,555
Sep 2007	175	41	75.84	6.24	$13,528
Aug 2007	172	48	69.06	6.39	$12,185
Jul 2007	181	45	70.90	6.39	$13,120
Jun 2007	172	36	62.00	7.55	$10,936
May 2007	171	46	58.74	7.85	$10,405
Apr 2007	173	45	59.61	7.81	$10,664
Mar 2007	171	48	56.92	7.30	$10,084
Feb 2007	170	46	55.10	8.22	$9,745
Jan 2007	174	43	50.30	6.73	$9,041
Dec 2006	168	44	56.65	6.92	$9,822
Nov 2006	172	44	54.20	7.62	$9,658
Oct 2006	171	24	54.90	6.01	$9,532
Sep 2006	169	53	60.08	5.04	$10,420
Aug 2006	170	47	68.71	7.34	$12,026
Jul 2006	168	52	69.37	6.34	$11,984
Jun 2006	315	36	66.28	6.38	$21,108
May 2006	165	78	66.01	6.42	$11,393
Apr 2006	173	80	64.39	7.36	$11,728
Mar 2006	170	81	56.70	7.08	$10,213
Feb 2006	176	46	57.59	7.75	$10,492
Jan 2006	341	78	60.59	8.93	$21,358
Dec 2005	171	101	54.94	13.42	$10,750
Nov 2005	172	40	54.69	10.59	$9,830
Oct 2005	174	48	58.34	13.80	$10,813
Sep 2005	318	64	61.45	12.08	$20,314
Aug 2005	179	141	61.51	9.80	$12,392
Jul 2005	342	97	55.69	7.84	$19,807
Jun 2005	170	118	52.33	7.38	$9,767
May 2005	345	152	45.22	6.65	$16,612
Apr 2005	176	66	49.20	7.36	$9,145
Mar 2005	347	104	50.37	7.15	$18,223
Feb 2005	169	113	45.22	6.31	$8,355
Jan 2005	351	143	43.16	6.32	$16,053
Dec 2004	339	150	39.86	6.75	$14,525
Nov 2004	177	170	45.28	6.33	$9,091
Oct 2004	341	195	49.70	6.52	$18,218
Sep 2004	345	158	43.24	5.28	$15,753
Aug 2004	341	195	42.37	5.55	$15,531
Jul 2004	355	263	38.28	6.08	$15,190
Jun 2004	343	224	36.10	6.43	$13,823
May 2004	173	79	37.48	6.49	$6,997
Apr 2004	355	246	34.47	5.86	$13,678
Mar 2004	345	279	34.36	5.53	$13,397
Feb 2004	528	255	32.45	5.51	$18,539
Jan 2004	518	431	32.03	6.30	$19,307
Dec 2003	533	377	30.26	6.30	$18,504
Nov 2003	524	445	28.80	4.60	$17,136
Oct 2003	515	264	28.17	4.76	$15,764
Sep 2003	523	447	26.31	4.75	$15,883
Aug 2003	1,054	708	29.76	5.13	$34,999
Jul 2003	2,536	1,509	29.41	5.17	$82,387
Jun 2003	349	561	28.56	5.98	$13,324

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.

May 2014 — as filed, then multipliedworked

Oil                  250 bbl  × $ 94.73 =    $23,683
Casinghead gas         0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                  $23,683

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/37113 is the state's own key, not one this site invented.