HAIR OF THE DOG

Name: HAIR OF THE DOG lease production and value, Dec 2005 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 37672District 08Field 60137001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$3.2 M

Dec 2005 – Oct 2014

Value, last 12 filed months

$127 k

at the published price for each month

Months reported

107

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	41,620 bbl	$3,056,379
Casinghead gas	Production	20,117 Mcf	$126,320
Total			$3,182,700

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 32.5055, -102.6159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.50552, -102.61590 · 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%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

5,200 ft

2 wells filed one

Completion to plug

11.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

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

150.0%

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 5,200 and 5,200 ft, median 5,200 ft, over the 2 wells that filed a depth.

Completions filed

May 2006 – Oct 2006

2 of 2 wells

Plug dates filed

Apr 2018

1 of 2 wells; 1 filed none

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-00339680	1	5,200 ft	Oct 2006	Apr 2018	Yes
42-00339832	2	5,200 ft	May 2006	—	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 (107)

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

107 months


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	282	14	94.73	4.73	$26,780
Apr 2014	173	34	95.94	4.81	$16,761
Mar 2014	175	0	95.89	5.06	$16,781
Feb 2014	175	33	97.40	6.19	$17,249
Jan 2014	178	40	90.40	4.86	$16,286
Dec 2013	363	38	91.82	4.35	$33,496
Nov 2013	0	22	88.85	3.74	$82
Oct 2013	177	25	97.42	3.78	$17,338
Sep 2013	347	24	104.11	3.72	$36,215
Aug 2013	177	26	104.25	3.52	$18,544
Jul 2013	167	18	102.52	3.72	$17,188
Jun 2013	173	26	94.40	3.93	$16,433
May 2013	184	17	94.83	4.15	$17,519
Apr 2013	187	43	93.96	4.28	$17,755
Mar 2013	175	59	93.62	3.91	$16,614
Feb 2013	176	113	91.23	3.42	$16,443
Jan 2013	177	94	91.60	3.42	$16,535
Dec 2012	185	94	86.77	3.42	$16,374
Nov 2012	171	88	86.95	3.62	$15,187
Oct 2012	348	99	89.38	3.40	$31,441
Sep 2012	174	99	94.67	2.92	$16,762
Aug 2012	179	94	92.66	2.91	$16,860
Jul 2012	359	124	85.13	3.02	$30,936
Jun 2012	173	112	79.82	2.52	$14,091
May 2012	174	120	91.61	2.49	$16,239
Apr 2012	182	81	101.65	2.00	$18,662
Mar 2012	183	61	105.05	2.22	$19,360
Feb 2012	173	41	101.10	2.57	$17,596
Jan 2012	357	210	98.09	2.73	$35,592
Dec 2011	175	171	96.87	3.24	$17,506
Nov 2011	177	124	95.72	3.31	$17,353
Oct 2011	344	146	84.98	3.65	$29,766
Sep 2011	181	216	83.62	3.99	$15,996
Aug 2011	175	166	83.40	4.15	$15,284
Jul 2011	175	244	94.14	4.52	$17,577
Jun 2011	339	2	92.90	4.64	$31,502
May 2011	351	131	98.13	4.40	$35,021
Apr 2011	166	329	105.96	4.33	$19,015
Mar 2011	343	470	96.36	4.06	$34,958
Feb 2011	173	182	85.64	4.18	$15,576
Jan 2011	336	198	86.50	4.59	$29,973
Dec 2010	0	136	85.73	4.35	$591
Nov 2010	322	245	80.84	3.80	$26,960
Oct 2010	163	71	78.10	3.51	$12,979
Sep 2010	348	32	72.63	3.98	$25,403
Aug 2010	351	31	73.68	4.42	$25,999
Jul 2010	0	23	72.55	4.74	$109
Jun 2010	358	39	70.36	4.91	$25,380
May 2010	173	24	71.12	4.24	$12,405
Apr 2010	329	91	81.69	4.12	$27,251
Mar 2010	352	69	78.39	4.39	$27,896
Feb 2010	174	42	73.58	5.44	$13,032
Jan 2010	364	83	74.36	5.96	$27,562
Dec 2009	349	56	71.44	5.48	$25,240
Nov 2009	174	87	74.59	3.75	$13,305
Oct 2009	355	20	72.54	4.11	$25,834
Sep 2009	348	46	65.54	3.06	$22,949
Aug 2009	349	103	67.42	3.22	$23,861
Jul 2009	355	91	61.13	3.46	$22,016
Jun 2009	350	90	66.16	3.90	$23,507
May 2009	174	88	54.74	3.93	$9,870
Apr 2009	540	70	46.77	3.59	$25,507
Mar 2009	163	93	42.14	4.06	$7,246
Feb 2009	534	86	32.81	4.63	$17,919
Jan 2009	172	56	35.86	5.37	$6,469
Dec 2008	563	131	37.10	5.98	$21,670
Nov 2008	186	153	55.49	6.86	$11,371
Oct 2008	382	212	75.24	6.92	$30,209
Sep 2008	556	109	101.76	7.88	$57,437
Aug 2008	348	32	114.22	8.48	$40,020
Jul 2008	349	181	131.08	11.39	$47,808
Jun 2008	361	179	131.33	13.03	$49,743
May 2008	516	168	123.17	11.57	$65,500
Apr 2008	531	90	110.31	10.45	$59,516
Mar 2008	351	90	101.90	9.66	$36,637
Feb 2008	480	154	92.53	8.77	$45,765
Jan 2008	533	186	90.38	8.21	$49,699
Dec 2007	534	293	88.33	7.30	$49,308
Nov 2007	525	338	91.67	7.29	$50,591
Oct 2007	532	381	82.85	6.92	$46,713
Sep 2007	708	422	75.84	6.24	$56,330
Aug 2007	545	466	69.06	6.39	$40,614
Jul 2007	720	452	70.90	6.39	$53,935
Jun 2007	530	610	62.00	7.55	$37,465
May 2007	738	573	58.74	7.85	$47,846
Apr 2007	877	561	59.61	7.81	$56,657
Mar 2007	927	604	56.92	7.30	$57,175
Feb 2007	867	576	55.10	8.22	$52,504
Jan 2007	1,246	741	50.30	6.73	$67,658
Dec 2006	1,235	757	56.65	6.92	$75,200
Nov 2006	1,779	1,006	54.20	7.62	$104,085
Oct 2006	2,968	1,218	54.90	6.01	$170,268
Sep 2006	1,206	637	60.08	5.04	$75,665
Aug 2006	695	402	68.71	7.34	$50,704
Jul 2006	536	180	69.37	6.34	$38,324
Jun 2006	701	354	66.28	6.38	$48,722
May 2006	880	595	66.01	6.42	$61,912
Apr 2006	155	236	64.39	7.36	$11,718
Mar 2006	352	319	56.70	7.08	$22,218
Feb 2006	326	250	57.59	7.75	$20,712
Jan 2006	694	290	60.59	8.93	$44,640
Dec 2005	512	171	54.94	13.42	$30,423

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                  282 bbl  × $ 94.73 =    $26,714
Casinghead gas        14 Mcf  × $  4.73 =        $66

────────────────────────────────────────────────────
Month total                                  $26,780

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/37672 is the state's own key, not one this site invented.