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RAGIN BULL 1716

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49977District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$38.6 M
Jan 2018 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
101
no gaps in the span
Streams
2
oil, casinghead gas

The HOEFS T-K (WOLFCAMP) 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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

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: “COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.”

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
OilDisposition462,720 bbl$28,704,778
Casinghead gasProduction2,890,982 Mcf$9,857,042
Total$38,561,820

Wells on this lease (3)

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 31.0344, -103.2280. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

31.03358, -103.23195 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,245 ft
3 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
3100.0%

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 10,145 and 10,307 ft, median 10,245 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2017 – Apr 2018
3 of 3 wells

3 wells

42-371396012H10,307 ftApr 2018——
42-371396133H10,245 ftJan 2018——
42-371395181H10,145 ftNov 2017——

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 (101)

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

101 months

May 202600106.413.05$0
Apr 20261,09814,23498.932.87$149,473
Mar 20261,26313,96189.753.15$157,324
Feb 20261,24814,54863.503.75$133,808
Jan 20261,11313,80859.138.00$176,247
Dec 20252,17229,04256.664.41$251,238
Nov 20251,96241,49058.593.93$277,862
Oct 20251,84133,86059.383.30$221,220
Sep 20252,20635,62662.743.08$248,023
Aug 20252,23153,49663.933.01$303,905
Jul 20253,05250,07266.743.32$369,689
Jun 20252,57143,75666.483.13$307,820
May 20251,26523,63160.553.23$152,979
Apr 20252,09439,39062.363.54$270,145
Mar 20252,07846,12167.704.27$337,540
Feb 20252,69450,90270.884.34$411,908
Jan 20252,85257,59874.324.28$458,404
Dec 20243,60067,55968.993.12$459,241
Nov 20243,00952,08469.052.20$322,275
Oct 20242,64354,41671.372.28$312,776
Sep 20244,14766,59769.612.36$446,132
Aug 20247,47976,59575.632.06$723,701
Jul 20245,03324,56879.932.15$455,025
Jun 20243693,75778.082.63$38,707
May 20242,0341,50878.812.20$163,615
Apr 202457519184.451.66$48,876
Mar 20242,03840680.301.55$164,279
Feb 202475749876.091.78$58,488
Jan 20245821,29473.023.30$46,765
Dec 20231,1531,77371.262.61$86,792
Nov 20239487,13377.892.81$93,866
Oct 20232,27616,66585.443.09$245,911
Sep 20233,37716,49789.042.74$345,808
Aug 20232,05114,07180.522.67$202,757
Jul 20233,34212,40074.852.64$282,907
Jun 20231,4976,79368.962.26$118,575
May 20232,45712,79670.622.23$202,015
Apr 20231,5235,08878.122.24$130,362
Mar 20233,4186,46772.852.39$264,478
Feb 20231,3394,33375.112.47$111,256
Jan 20231,72612,35976.533.39$173,960
Dec 20222,11915,70376.415.73$251,877
Nov 20221946,48785.005.65$53,117
Oct 20221,52816,84087.185.86$231,957
Sep 20222,67215,82684.888.16$355,998
Aug 20222,83525,40294.529.13$499,812
Jul 20223,67423,409101.587.54$549,757
Jun 20223,17631,199115.097.98$614,407
May 20224,48244,425109.378.43$864,834
Apr 20223,94227,428104.226.84$598,377
Mar 20223,34322,827108.885.08$479,865
Feb 20223,02617,35391.054.86$359,833
Jan 20221,53714,20481.844.54$190,241
Dec 20213,89230,01071.323.90$394,590
Nov 20214,93429,94277.435.24$538,841
Oct 20213,96832,64179.795.71$503,113
Sep 20213,18523,58969.865.35$348,727
Aug 20212,08319,70066.024.22$220,665
Jul 20213,34536,52370.783.98$382,197
Jun 20213,36330,99769.493.38$338,484
May 20214,31927,10863.483.02$355,973
Apr 20213,80726,16160.362.76$301,954
Mar 20214,91728,52261.302.72$378,905
Feb 20212,15817,22757.805.55$220,307
Jan 20214,62730,88550.412.81$320,042
Dec 20205,67736,15444.642.68$350,150
Nov 20202,70524,34938.772.71$170,775
Oct 20204,35327,94136.972.48$230,180
Sep 20205,03429,34037.091.99$245,128
Aug 20205,05131,41239.982.39$276,860
Jul 20205,47133,94838.371.83$271,881
Jun 20205,81328,02834.901.69$250,250
May 20202,17615,45216.921.81$64,859
Apr 20205,27027,49414.751.80$127,342
Mar 20205,71037,38930.341.86$242,644
Feb 20203,62817,68249.881.98$215,987
Jan 20207,05939,76857.252.09$487,431
Dec 20195,43445,47459.012.30$425,449
Nov 20197,22838,95255.302.75$506,854
Oct 20196,59240,39753.472.42$450,176
Sep 20196,50639,14155.052.66$462,164
Aug 20197,91929,70053.112.30$489,018
Jul 20197,42437,97056.272.46$511,157
Jun 20198,95438,98552.782.49$569,712
May 20198,04441,70658.482.74$584,701
Apr 20197,68837,29262.632.75$584,079
Mar 20199,25641,64056.803.06$653,247
Feb 20198,93641,91750.852.79$571,437
Jan 20199,87125,64146.033.23$537,136
Dec 20189,36734,11346.594.19$579,186
Nov 201811,15237,84752.934.24$750,642
Oct 201810,99440,61161.443.40$813,471
Sep 201812,66839,25259.543.11$876,248
Aug 201812,83340,48459.403.07$886,427
Jul 201814,21146,34865.142.93$1,061,591
Jun 20189,21348,95360.183.08$705,063
May 201810,17154,18465.382.90$822,157
Apr 201819,14045,75363.842.90$1,354,618
Mar 201817,61733,75761.222.79$1,172,588
Feb 201817,31639,76361.782.77$1,179,772
Jan 2018035462.874.01$1,419

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.

Apr 2026 — as filed, then multipliedworked
Oil                1,098 bbl  × $ 98.93 =   $108,625
Casinghead gas    14,234 Mcf  × $  2.87 =    $40,848

────────────────────────────────────────────────────
Month total                                 $149,473

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/49977 is the state's own key, not one this site invented.