RATLIFF & BEDFORD

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the THREE BAR (WICHITA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45550District 08Field 89690750OilCasinghead gasSaveExport
Value, all time
$11.6 M
Jul 2014 – May 2026
Value, last 12 filed months
$474 k
at the published price for each month
Months reported
143
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 32 leases and 89 wells, and the rule below applies to all of them.

Discovered
1972-02-12
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 40 acres. The field rule took effect on 2015-02-24.

The Commission's schedule remark for this field reads: AMENDED HORIRZONTAL AND STACKED LATERAL RULES.

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
OilDisposition196,945 bbl$11,207,212
Casinghead gasProduction124,009 Mcf$395,938
Total$11,603,150

Wells on this lease (6)

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 32.1515, -102.8989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.8 miles.

32.14807, -102.90342 · 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
33.3%
2 of 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
9,258 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
233.3%
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.
466.7%

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 7,369 and 9,890 ft, median 9,258 ft, over the 6 wells that filed a depth.

Completions filed
Jul 2014 – Jul 2022
6 of 6 wells

6 wells

42-00338631469,143 ftJul 2022Yes
42-00338644479,250 ftMay 2022Yes
42-0030512123W9,265 ftDec 2016
42-0034729248HZ7,369 ftMay 2016
42-00305111139,890 ftOct 2014
42-00305124269,305 ftJul 2014

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 (143)

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

143 months

May 20265015106.413.05$53,327
Apr 2026439098.932.87$43,430
Mar 20265721089.753.15$51,368
Feb 20265078463.503.75$32,510
Jan 20265358459.138.00$32,306
Dec 2025675056.664.41$38,246
Nov 2025443058.593.93$25,955
Oct 202553038959.383.30$32,757
Sep 202569038662.743.08$44,478
Aug 2025640063.933.01$40,915
Jul 2025606066.743.32$40,444
Jun 2025576066.483.13$38,292
May 2025713860.553.23$43,198
Apr 20257701562.363.54$48,070
Mar 20256864867.704.27$46,647
Feb 202566421870.884.34$48,011
Jan 2025657774.324.28$48,858
Dec 202457727768.993.12$40,672
Nov 202464822269.052.20$45,232
Oct 202473829871.372.28$53,351
Sep 202481418669.612.36$57,102
Aug 202465519275.632.06$49,934
Jul 20243634879.932.15$29,118
Jun 202470832278.082.63$56,129
May 202475027278.812.20$59,705
Apr 202471133284.451.66$60,595
Mar 20248309580.301.55$66,796
Feb 2024808076.091.78$61,481
Jan 2024918473.023.30$67,046
Dec 20231,0792171.262.61$76,944
Nov 2023333077.892.81$25,937
Oct 2023539085.443.09$46,052
Sep 20237881489.042.74$70,202
Aug 2023916080.522.67$73,756
Jul 2023666074.852.64$49,850
Jun 2023439568.962.26$30,285
May 20236884370.622.23$48,682
Apr 20237709678.122.24$60,367
Mar 202363929272.852.39$47,250
Feb 202340720375.112.47$31,070
Jan 202352921676.533.39$41,216
Dec 202253525576.415.73$42,340
Nov 202297746785.005.65$85,682
Oct 202286844287.185.86$78,264
Sep 20221,05763184.888.16$94,869
Aug 202294249894.529.13$93,583
Jul 2022773509101.587.54$82,360
Jun 2022612259115.097.98$72,501
May 2022652133109.378.43$72,431
Apr 2022739280104.226.84$78,933
Mar 20228210108.885.08$89,390
Feb 202298934591.054.86$91,725
Jan 20221,05136681.844.54$87,675
Dec 20211,04325971.323.90$75,397
Nov 202199837277.435.24$79,223
Oct 20211,05244779.795.71$86,493
Sep 20211,11244969.865.35$80,087
Aug 20211,14246166.024.22$77,341
Jul 20211,20056970.783.98$87,202
Jun 20211,15352269.493.38$81,887
May 20211,18453663.483.02$76,778
Apr 20211,39646860.362.76$85,554
Mar 20211,55019561.302.72$95,545
Feb 202152514257.805.55$31,133
Jan 202176014550.412.81$38,719
Dec 202080615844.642.68$36,403
Nov 202082630938.772.71$32,860
Oct 202084828636.972.48$32,059
Sep 202084933337.091.99$32,152
Aug 20201,24673839.982.39$51,575
Jul 20202,55578338.371.83$99,464
Jun 20201,05661434.901.69$37,892
May 20201,46344016.921.81$25,552
Apr 20201,09337614.751.80$16,800
Mar 20201,58536630.341.86$48,768
Feb 20201,28755249.881.98$65,289
Jan 20201,80552957.252.09$104,444
Dec 20191,19513459.012.30$70,826
Nov 2019463355.302.75$2,635
Oct 2019895153.472.42$4,882
Sep 20191,2841,09055.052.66$73,581
Aug 20191,3911,57853.112.30$77,512
Jul 20191,6231,49056.272.46$94,992
Jun 20191,6261,51252.782.49$89,587
May 20191,9921,49958.482.74$120,600
Apr 20191,7931,75862.632.75$117,131
Mar 20192,0521,97256.803.06$122,592
Feb 20191,5731,47350.852.79$84,100
Jan 201926422546.033.23$12,878
Dec 20182,1971,89946.594.19$110,306
Nov 20181,9791,76452.934.24$112,223
Oct 20182,7451,97361.443.40$175,357
Sep 20182,1722,04359.543.11$135,671
Aug 20182,1142,31059.403.07$132,655
Jul 20182,4632,07265.142.93$166,515
Jun 20181,9392,10160.183.08$123,154
May 20182,4712,31965.382.90$168,281
Apr 20182,3272,62963.842.90$156,182
Mar 20182,6762,66861.222.79$171,260
Feb 20182,5932,54661.782.77$167,238
Jan 20183,1892,96462.874.01$212,376
Dec 20172,9622,59357.272.92$177,209
Nov 20173,5233,24055.423.12$205,348
Oct 201714515249.292.98$7,601
Sep 201714615547.523.09$7,416
Aug 201716817245.373.00$8,139
Jul 20173,3933,30643.873.09$159,057
Jun 20173,3953,31042.493.09$154,472
May 20174,1534,11345.373.26$201,844
Apr 20174,2594,34647.933.21$218,091
Mar 20174,6944,44046.772.98$232,786
Feb 20173,6682,79350.452.95$193,297
Jan 20173,4802,54949.413.42$180,661
Dec 20163,9683,05648.763.72$204,857
Nov 20165,2393,06142.492.64$230,699
Oct 20164,2733,92246.193.09$209,490
Sep 20165,8941,29441.553.10$248,908
Aug 20167,4981,49541.442.92$315,089
Jul 201628324741.622.92$12,501
Jun 201655540745.352.69$26,262
May 201654931842.521.99$23,977
Apr 201619026136.561.99$7,466
Mar 201656549733.011.79$19,542
Feb 201665451526.472.06$18,374
Jan 201682663527.352.36$24,092
Dec 201569060432.362.00$23,537
Nov 201546264938.792.17$19,328
Oct 20151,44893743.552.43$65,334
Sep 20158971,01742.992.76$41,367
Aug 201553571340.162.87$23,534
Jul 201585980948.152.95$43,743
Jun 20151,3951,08956.152.88$81,469
May 20151,2721,21155.212.96$73,806
Apr 20151,2381,27449.822.71$65,125
Mar 20151,47593742.892.93$66,013
Feb 20151,3911,29344.662.98$65,970
Jan 20152,9231,70843.433.10$132,242
Dec 20141,5911,26554.693.59$91,555
Nov 20142,3522,26770.464.25$175,361
Oct 20142,1442,63078.303.90$178,135
Sep 20141,073086.164.05$92,450
Aug 20141,547089.394.04$138,286
Jul 2014313096.564.18$30,223

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 2026 — as filed, then multipliedworked
Oil                  501 bbl  × $106.41 =    $53,311
Casinghead gas         5 Mcf  × $  3.05 =        $15

────────────────────────────────────────────────────
Month total                                  $53,327

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/45550 is the state's own key, not one this site invented.