RIAZUL

Operated by GORDY OIL COMPANY (P-5 317150) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 54545District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$24.6 M
Feb 2020 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
76
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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
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 2015-04-08.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition313,151 bbl$21,230,506
Casinghead gasProduction1,156,067 Mcf$3,393,859
Total$24,624,364

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 30.9286, -102.8338. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.92863, -102.83384 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,584 ft
2 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.
2100.0%

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 8,395 and 8,772 ft, median 8,584 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2020 – Oct 2022
2 of 2 wells

2 wells

42-371403832H8,772 ftOct 2022
42-371400941H8,395 ftFeb 2020

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 (76)

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

76 months

May 20261,6822,624106.413.05$186,974
Apr 20261,8792,40098.932.87$192,777
Mar 20261,8621,90389.753.15$173,108
Feb 20261,0961,29963.503.75$74,468
Jan 20261,26555059.138.00$79,198
Dec 20251,6441,15856.664.41$98,260
Nov 20251,8971,86658.593.93$118,472
Oct 20252,0822,07559.383.30$130,487
Sep 20251,5418,05862.743.08$121,476
Aug 20251,7381,54663.933.01$115,771
Jul 20251,7431,54366.743.32$121,443
Jun 20251,3411,79266.483.13$94,756
May 20251,06966260.553.23$66,868
Apr 20251,0232,39662.363.54$72,284
Mar 20258835567.704.27$60,014
Feb 202587596070.884.34$66,187
Jan 20251,57510,13474.324.28$160,414
Dec 20242,16727,20068.993.12$234,403
Nov 20241,74928,34869.052.20$183,090
Oct 20242,29027,21171.372.28$225,516
Sep 20242,26225,73069.612.36$218,293
Aug 20242,46530,57575.632.06$249,523
Jul 20242,37531,23979.932.15$256,891
Jun 20242,48532,87578.082.63$280,621
May 20243,06435,96378.812.20$320,536
Apr 20243,23936,28384.451.66$333,734
Mar 20243,37638,15480.301.55$330,046
Feb 20243,17037,07676.091.78$307,336
Jan 20244,18839,21073.023.30$435,109
Dec 20234,18841,43571.262.61$406,612
Nov 20234,53840,42077.892.81$466,946
Oct 20235,83441,99885.443.09$628,117
Sep 20235,70843,97989.042.74$628,525
Aug 20235,72646,54280.522.67$585,459
Jul 20236,82440,22174.852.64$617,032
Jun 202310,54952,10068.962.26$845,126
May 20239,97532,87770.622.23$777,665
Apr 202310,17628,36378.122.24$858,419
Mar 202310,24120,84172.852.39$795,933
Feb 20237,47315,49675.112.47$599,505
Jan 20238,11512,17676.533.39$662,290
Dec 20226,6359,48876.415.73$561,338
Nov 20228,51510,89585.005.65$785,290
Oct 20225,5717,36587.185.86$528,866
Sep 20221,3684,01784.888.16$148,909
Aug 20222,9169,92594.529.13$366,207
Jul 20223,38410,211101.587.54$420,759
Jun 20223,2375,102115.097.98$413,246
May 20223,43810,199109.378.43$462,023
Apr 20223,11710,067104.226.84$393,688
Mar 20224,0779,526108.885.08$492,262
Feb 20223,3237,25191.054.86$337,791
Jan 20222,9916,68681.844.54$275,122
Dec 20213,6117,53271.323.90$286,905
Nov 20213,6525,77677.435.24$313,022
Oct 20213,9714,54379.795.71$342,804
Sep 20213,9948,44869.865.35$324,225
Aug 20214,1598,01666.024.22$308,409
Jul 20214,7258,86670.783.98$369,741
Jun 20214,5368,92769.493.38$345,385
May 20214,5838,70963.483.02$317,210
Apr 20214,7189,76660.362.76$311,717
Mar 20215,2619,15561.302.72$347,373
Feb 20213,6227,05157.805.55$248,470
Jan 20214,84710,00850.412.81$272,462
Dec 20205,34710,00844.642.68$265,466
Nov 20205,83610,75138.772.71$255,360
Oct 20208,0289,39036.972.48$320,068
Sep 20205,2769,42837.091.99$214,458
Aug 20207,74110,19639.982.39$333,804
Jul 20205,98810,53638.371.83$248,989
Jun 20204937234.901.69$17,327
May 202021,87016.921.81$3,427
Apr 20207,32521,06114.751.80$146,046
Mar 202018,31025,87030.341.86$603,546
Feb 20201,1822,02349.881.98$62,965

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                1,682 bbl  × $106.41 =   $178,982
Casinghead gas     2,624 Mcf  × $  3.05 =     $7,992

────────────────────────────────────────────────────
Month total                                 $186,974

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/54545 is the state's own key, not one this site invented.