RAMSEY, G. E. -34-

Operated by RING ENERGY, INC. (P-5 712382) in the GERALDINE (DELAWARE 3400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42810District 08Field 34529200OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 2012 – Oct 2023
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
142
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 15 leases and 61 wells, and the rule below applies to all of them.

Discovered
1982-03-17
as the register files it
Field class
Oil and gas
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 field rule took effect on 2010-08-10.

The Commission's schedule remark for this field reads: SPACING,CONSOLIDATED THE GERALDINE(DELAWARE 4000)INTO THIS 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
OilDisposition17,268 bbl$1,174,014
Casinghead gasProduction13,611 Mcf$44,354
Total$1,218,369

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 31.9144, -104.0600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91442, -104.05997 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,400 ft
1 wells filed one
Completion to plug
10.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 4,400 ft.

Completions filed
Jan 2012
1 of 1 wells
Plug dates filed
Oct 2022
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1093174814,400 ftJan 2012Oct 2022Yes

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 (142)

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

142 months

Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023179074.852.64$13,398
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020188049.881.98$9,377
Jan 20200057.252.09$0
Dec 2019189059.012.30$11,153
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019188055.052.66$10,349
Aug 20190053.112.30$0
Jul 2019177056.272.46$9,960
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019183056.803.06$10,394
Feb 2019192050.852.79$9,763
Jan 2019190046.033.23$8,746
Dec 2018181046.594.19$8,433
Nov 2018182052.934.24$9,633
Oct 2018183061.443.40$11,244
Sep 20180059.543.11$0
Aug 2018186059.403.07$11,048
Jul 2018187065.142.93$12,181
Jun 2018186060.183.08$11,193
May 2018184065.382.90$12,030
Apr 2018176063.842.90$11,236
Mar 2018179061.222.79$10,958
Feb 2018185061.782.77$11,429
Jan 2018192062.874.01$12,071
Dec 2017179057.272.92$10,251
Nov 20170055.423.12$0
Oct 2017188049.292.98$9,267
Sep 2017186047.523.09$8,839
Aug 2017314045.373.00$14,246
Jul 20171043.873.09$44
Jun 2017177042.493.09$7,521
May 2017170045.373.26$7,713
Apr 2017181047.933.21$8,675
Mar 2017190046.772.98$8,886
Feb 2017181050.452.95$9,131
Jan 2017176049.413.42$8,696
Dec 2016175048.763.72$8,533
Nov 2016192042.492.64$8,158
Oct 2016169046.193.09$7,806
Sep 2016186041.553.10$7,728
Aug 2016187041.442.92$7,749
Jul 2016188041.622.92$7,825
Jun 20160045.352.69$0
May 2016366042.521.99$15,562
Apr 201618936836.561.99$7,643
Mar 201618439633.011.79$6,784
Feb 201617130526.472.06$5,156
Jan 201618844327.352.36$6,189
Dec 2015026732.362.00$534
Nov 201516937238.792.17$7,362
Oct 201517123743.552.43$8,022
Sep 201517022442.992.76$7,926
Aug 201517722440.162.87$7,752
Jul 201520219948.152.95$10,312
Jun 201516925056.152.88$10,210
May 201517022155.212.96$10,039
Apr 201516824149.822.71$9,022
Mar 201534829442.892.93$15,789
Feb 201504044.662.98$119
Jan 201533238143.433.10$15,600
Dec 201417225954.693.59$10,337
Nov 201416623970.464.25$12,713
Oct 201417226278.303.90$14,490
Sep 201416725286.164.05$15,408
Aug 201417426289.394.04$16,611
Jul 201417027596.564.18$17,565
Jun 201416926098.164.74$17,821
May 201416929794.734.73$17,413
Apr 201416821395.944.81$17,142
Mar 201412522795.895.06$13,134
Feb 201414023497.406.19$15,085
Jan 201430526990.404.86$28,880
Dec 20131475491.824.35$13,733
Nov 201328629088.853.74$26,495
Oct 201316924597.423.78$17,390
Sep 2013170239104.113.72$18,587
Aug 2013167191104.253.52$18,083
Jul 2013174207102.523.72$18,608
Jun 201317024194.403.93$16,996
May 201333719494.834.15$32,763
Apr 201317024493.964.28$17,018
Mar 201353831393.623.91$51,592
Feb 201307591.233.42$256
Jan 2013011891.603.42$404
Dec 201233116486.773.42$29,282
Nov 201217631286.953.62$16,434
Oct 201237412889.383.40$33,863
Sep 201219116894.672.92$18,572
Aug 201219554892.662.91$19,662
Jul 201218191085.133.02$18,157
Jun 201234515679.822.52$27,931
May 201237559091.612.49$35,822
Apr 2012361624101.652.00$37,942
Mar 201259389105.052.22$62,492
Feb 201200101.102.57$0
Jan 20120098.092.73$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.

Jul 2023 — as filed, then multipliedworked
Oil                  179 bbl  × $ 74.85 =    $13,398
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                  $13,398

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/42810 is the state's own key, not one this site invented.