RANEY -3

Name: RANEY -3 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by REPUBLIC ENERGY INC. (P-5 702645) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 131221District 09Field 105745202 tax incentive programmesCondensateGasSave Export

Value, all time

$544 k

Jan 1993 – Jun 2010

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

210

no gaps in the span

Streams

condensate, gas

The BOONSVILLE (BEND CONGL., GAS) 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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered

1945-05-01

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

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: “AMOUNT HAD BEEN CALCULATED FOR 5/1/97.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2002-05-06	146981
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Condensate	Disposition	862 bbl	$21,041
Gas	Production	252,432 Mcf	$522,579
Total			$543,620

131,120 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.3159, -97.5611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31593, -97.56108 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,760 ft

1 wells filed one

Completion to plug

21.2 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 6,760 ft.

Completions filed

Apr 1989

1 of 1 wells

Plug dates filed

Jun 2010

1 of 1 wells

Last completion to plug: a median of 21.2 years across the 1 well that filed both dates, with the middle half between 21.2 years and 21.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49733393	3	6,760 ft	Apr 1989	Jun 2010	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 (210)

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

210 months


Jun 2010	0	0	70.36	4.91	$0
May 2010	79	4	71.12	4.24	$5,635
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	93	32.81	4.63	$431
Jan 2009	0	60	35.86	5.37	$322
Dec 2008	0	38	37.10	5.98	$227
Nov 2008	0	17	55.49	6.86	$117
Oct 2008	0	22	75.24	6.92	$152
Sep 2008	0	17	101.76	7.88	$134
Aug 2008	0	76	114.22	8.48	$645
Jul 2008	0	37	131.08	11.39	$421
Jun 2008	0	31	131.33	13.03	$404
May 2008	0	48	123.17	11.57	$556
Apr 2008	0	29	110.31	10.45	$303
Mar 2008	0	61	101.90	9.66	$590
Feb 2008	0	87	92.53	8.77	$763
Jan 2008	0	229	90.38	8.21	$1,879
Dec 2007	0	277	88.33	7.30	$2,023
Nov 2007	0	318	91.67	7.29	$2,319
Oct 2007	0	321	82.85	6.92	$2,222
Sep 2007	0	307	75.84	6.24	$1,917
Aug 2007	0	300	69.06	6.39	$1,916
Jul 2007	0	335	70.90	6.39	$2,140
Jun 2007	0	447	62.00	7.55	$3,374
May 2007	0	582	58.74	7.85	$4,567
Apr 2007	0	319	59.61	7.81	$2,490
Mar 2007	0	422	56.92	7.30	$3,081
Feb 2007	0	355	55.10	8.22	$2,917
Jan 2007	0	405	50.30	6.73	$2,724
Dec 2006	0	481	56.65	6.92	$3,328
Nov 2006	0	607	54.20	7.62	$4,624
Oct 2006	0	473	54.90	6.01	$2,845
Sep 2006	0	608	60.08	5.04	$3,063
Aug 2006	0	628	68.71	7.34	$4,609
Jul 2006	0	937	69.37	6.34	$5,943
Jun 2006	0	362	66.28	6.38	$2,311
May 2006	0	433	66.01	6.42	$2,782
Apr 2006	0	600	64.39	7.36	$4,416
Mar 2006	0	612	56.70	7.08	$4,335
Feb 2006	0	535	57.59	7.75	$4,147
Jan 2006	0	712	60.59	8.93	$6,361
Dec 2005	0	484	54.94	13.42	$6,493
Nov 2005	0	670	54.69	10.59	$7,094
Oct 2005	0	392	58.34	13.80	$5,408
Sep 2005	0	489	61.45	12.08	$5,907
Aug 2005	0	972	61.51	9.80	$9,523
Jul 2005	0	768	55.69	7.84	$6,024
Jun 2005	0	1,165	52.33	7.38	$8,599
May 2005	0	570	45.22	6.65	$3,791
Apr 2005	0	877	49.20	7.36	$6,455
Mar 2005	0	779	50.37	7.15	$5,574
Feb 2005	0	796	45.22	6.31	$5,024
Jan 2005	0	859	43.16	6.32	$5,431
Dec 2004	0	509	39.86	6.75	$3,436
Nov 2004	81	1,013	45.28	6.33	$10,080
Oct 2004	0	1,025	49.70	6.52	$6,678
Sep 2004	0	889	43.24	5.28	$4,697
Aug 2004	0	884	42.37	5.55	$4,907
Jul 2004	0	626	38.28	6.08	$3,809
Jun 2004	0	760	36.10	6.43	$4,889
May 2004	0	912	37.48	6.49	$5,923
Apr 2004	0	1,028	34.47	5.86	$6,023
Mar 2004	0	1,002	34.36	5.53	$5,541
Feb 2004	0	759	32.45	5.51	$4,182
Jan 2004	0	401	32.03	6.30	$2,526
Dec 2003	0	749	30.26	6.30	$4,720
Nov 2003	0	473	28.80	4.60	$2,174
Oct 2003	0	1,025	28.17	4.76	$4,879
Sep 2003	0	957	26.31	4.75	$4,545
Aug 2003	0	644	29.76	5.13	$3,304
Jul 2003	0	1,104	29.41	5.17	$5,709
Jun 2003	0	1,230	28.56	5.98	$7,359
May 2003	0	930	26.59	5.97	$5,555
Apr 2003	0	865	26.67	5.41	$4,677
Mar 2003	0	960	31.14	6.10	$5,852
Feb 2003	0	729	33.48	7.93	$5,778
Jan 2003	0	713	30.31	5.58	$3,980
Dec 2002	0	796	26.91	4.85	$3,864
Nov 2002	0	866	24.66	4.14	$3,583
Oct 2002	0	1,152	26.46	4.23	$4,872
Sep 2002	0	482	27.44	3.64	$1,752
Aug 2002	0	951	25.96	3.16	$3,009
Jul 2002	0	1,220	24.58	3.06	$3,735
Jun 2002	2	740	23.73	3.34	$2,518
May 2002	0	1,564	24.66	3.58	$5,605
Apr 2002	0	1,138	23.65	3.51	$3,997
Mar 2002	0	300	22.00	3.10	$931
Feb 2002	0	603	18.22	2.38	$1,433
Jan 2002	0	524	17.17	2.38	$1,245
Dec 2001	0	665	16.93	2.36	$1,572
Nov 2001	0	352	18.07	2.41	$847
Oct 2001	0	1,058	19.78	2.53	$2,676
Sep 2001	0	916	24.26	2.25	$2,062
Aug 2001	0	1,137	24.87	3.05	$3,471
Jul 2001	0	1,279	23.93	3.20	$4,089
Jun 2001	0	1,209	24.56	3.82	$4,623
May 2001	0	890	25.52	4.31	$3,834
Apr 2001	0	694	24.68	5.34	$3,703
Mar 2001	0	974	24.54	5.38	$5,237
Feb 2001	0	777	27.75	5.77	$4,481
Jan 2001	0	728	27.47	8.40	$6,114
Dec 2000	0	774	26.88	9.12	$7,061
Nov 2000	0	985	32.21	5.66	$5,573
Oct 2000	0	1,031	31.23	5.15	$5,305
Sep 2000	0	987	31.87	5.19	$5,119
Aug 2000	0	945	29.64	4.54	$4,291
Jul 2000	0	1,184	28.53	4.09	$4,842
Jun 2000	0	1,278	29.30	4.40	$5,620
May 2000	0	986	27.26	3.68	$3,628
Apr 2000	0	839	24.51	3.12	$2,614
Mar 2000	0	983	28.42	2.86	$2,811
Feb 2000	0	890	27.62	2.73	$2,427
Jan 2000	0	860	25.27	2.48	$2,133
Dec 1999	0	937	24.28	2.42	$2,271
Nov 1999	0	961	23.19	2.43	$2,339
Oct 1999	0	1,103	20.98	2.80	$3,092
Sep 1999	0	1,076	21.75	2.62	$2,818
Aug 1999	0	1,105	19.26	2.88	$3,178
Jul 1999	0	1,208	17.89	2.37	$2,866
Jun 1999	82	1,163	15.94	2.36	$4,054
May 1999	0	1,370	15.79	2.32	$3,180
Apr 1999	0	1,111	15.10	2.21	$2,453
Mar 1999	0	1,294	12.47	1.84	$2,379
Feb 1999	0	1,169	9.98	1.82	$2,125
Jan 1999	0	1,229	10.38	1.90	$2,335
Dec 1998	0	1,453	9.20	1.77	$2,577
Nov 1998	0	1,112	10.89	2.19	$2,431
Oct 1998	0	1,089	12.42	1.97	$2,144
Sep 1998	0	1,266	12.59	2.08	$2,637
Aug 1998	0	1,396	11.30	1.91	$2,663
Jul 1998	10	1,499	11.74	2.24	$3,471
Jun 1998	0	1,323	11.24	2.24	$2,960
May 1998	0	1,238	12.62	2.21	$2,731
Apr 1998	0	1,196	13.04	2.51	$2,996
Mar 1998	0	1,549	12.80	2.31	$3,577
Feb 1998	0	1,230	13.95	2.30	$2,828
Jan 1998	0	1,889	14.70	2.15	$4,070
Dec 1997	50	1,375	16.32	2.41	$4,131
Nov 1997	2	1,470	18.19	3.09	$4,576
Oct 1997	0	1,824	19.25	3.15	$5,745
Sep 1997	0	1,063	17.74	2.95	$3,141
Aug 1997	0	1,513	17.86	2.55	$3,865
Jul 1997	0	1,343	17.58	2.25	$3,018
Jun 1997	0	1,394	17.24	2.26	$3,147
May 1997	0	1,610	18.97	2.31	$3,717
Apr 1997	0	1,677	17.88	2.08	$3,493
Mar 1997	33	1,174	18.95	1.94	$2,902
Feb 1997	0	1,243	20.49	2.21	$2,742
Jan 1997	2	1,670	23.48	3.54	$5,958
Dec 1996	0	2,052	23.32	—	$0
Nov 1996	0	1,466	21.97	—	$0
Oct 1996	0	2,125	23.31	—	$0
Sep 1996	0	1,738	22.22	—	$0
Aug 1996	0	1,735	20.26	—	$0
Jul 1996	0	2,033	19.55	—	$0
Jun 1996	0	1,956	18.73	—	$0
May 1996	0	1,766	19.43	—	$0
Apr 1996	0	2,161	21.51	—	$0
Mar 1996	0	1,545	19.38	—	$0
Feb 1996	95	1,412	16.98	—	$1,613
Jan 1996	0	2,093	17.07	—	$0
Dec 1995	0	2,875	17.19	—	$0
Nov 1995	0	844	16.00	—	$0
Oct 1995	0	2,122	15.43	—	$0
Sep 1995	0	1,980	16.18	—	$0
Aug 1995	115	1,752	15.92	—	$1,831
Jul 1995	0	2,712	15.24	—	$0
Jun 1995	1	2,272	16.41	—	$16
May 1995	0	3,230	17.56	—	$0
Apr 1995	0	3,387	17.73	—	$0
Mar 1995	0	3,296	16.44	—	$0
Feb 1995	0	2,726	16.58	—	$0
Jan 1995	1	2,240	15.92	—	$16
Dec 1994	0	2,798	15.03	—	$0
Nov 1994	0	2,176	15.90	—	$0
Oct 1994	0	3,658	15.58	—	$0
Sep 1994	0	2,872	15.29	—	$0
Aug 1994	0	3,883	16.13	—	$0
Jul 1994	122	4,212	17.56	—	$2,142
Jun 1994	0	2,347	17.09	—	$0
May 1994	0	3,259	15.88	—	$0
Apr 1994	0	3,162	14.14	—	$0
Mar 1994	0	3,614	12.46	—	$0
Feb 1994	0	3,394	12.50	—	$0
Jan 1994	0	1,727	12.66	—	$0
Dec 1993	0	2,674	12.33	—	$0
Nov 1993	0	3,323	14.49	—	$0
Oct 1993	0	2,756	15.85	—	$0
Sep 1993	0	4,509	15.03	—	$0
Aug 1993	0	3,251	15.66	—	$0
Jul 1993	0	4,715	15.46	—	$0
Jun 1993	187	5,108	16.79	—	$3,140
May 1993	0	5,196	17.68	—	$0
Apr 1993	0	3,387	18.05	—	$0
Mar 1993	0	1,022	18.14	—	$0
Feb 1993	0	3,559	17.90	—	$0
Jan 1993	0	3,000	16.93	—	$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.

May 2010 — as filed, then multipliedworked

Condensate            79 bbl  × $ 71.12 =     $5,618
Gas                    4 Mcf  × $  4.24 =        $17

────────────────────────────────────────────────────
Month total                                   $5,635

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. 09/G/131221 is the state's own key, not one this site invented.