RANEY

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 149064District 09Field 105745202 tax incentive programmesCondensateGasSaveExport
Value, all time
$896 k
Mar 1994 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
no gaps in the span
Streams
2
condensate, 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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111995-08-15132534
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition2,006 bbl$35,761
GasProduction446,920 Mcf$859,897
Total$895,658

234,361 Mcf of this lease's gas, across 33 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 33.3261, -97.5482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32608, -97.54825 · 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
6,600 ft
1 wells filed one
Completion to plug
19.6 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 6,600 ft.

Completions filed
Mar 1994
1 of 1 wells
Plug dates filed
Oct 2013
1 of 1 wells

Last completion to plug: a median of 19.6 years across the 1 well that filed both dates, with the middle half between 19.6 years and 19.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973384766,600 ftMar 1994Oct 2013Yes

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 (236)

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

236 months

Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009028272.544.11$1,159
Sep 2009075565.543.06$2,314
Aug 2009082967.423.22$2,668
Jul 2009091861.133.46$3,180
Jun 2009052066.163.90$2,025
May 2009047854.743.93$1,877
Apr 2009043646.773.59$1,564
Mar 2009042842.144.06$1,737
Feb 2009041532.814.63$1,923
Jan 2009038935.865.37$2,089
Dec 2008048837.105.98$2,917
Nov 2008046355.496.86$3,176
Oct 2008056175.246.92$3,883
Sep 20080425101.767.88$3,348
Aug 20080593114.228.48$5,030
Jul 20080486131.0811.39$5,535
Jun 20080406131.3313.03$5,291
May 20080386123.1711.57$4,468
Apr 20080489110.3110.45$5,112
Mar 20080649101.909.66$6,272
Feb 2008060192.538.77$5,271
Jan 2008061290.388.21$5,022
Dec 2007068388.337.30$4,987
Nov 2007072591.677.29$5,286
Oct 2007070482.856.92$4,873
Sep 2007071275.846.24$4,446
Aug 2007079069.066.39$5,046
Jul 2007082270.906.39$5,251
Jun 2007073562.007.55$5,548
May 2007076758.747.85$6,018
Apr 2007050359.617.81$3,926
Mar 2007069356.927.30$5,060
Feb 2007043055.108.22$3,533
Jan 2007052750.306.73$3,545
Dec 200601,11756.656.92$7,728
Nov 2006061754.207.62$4,700
Oct 2006054054.906.01$3,247
Sep 2006048860.085.04$2,458
Aug 2006053268.717.34$3,905
Jul 2006062369.376.34$3,952
Jun 2006057066.286.38$3,639
May 2006068966.016.42$4,427
Apr 2006095864.397.36$7,051
Mar 2006099656.707.08$7,055
Feb 2006083657.597.75$6,480
Jan 2006099160.598.93$8,853
Dec 2005090554.9413.42$12,141
Nov 2005074154.6910.59$7,846
Oct 2005075658.3413.80$10,430
Sep 2005070361.4512.08$8,492
Aug 2005076261.519.80$7,465
Jul 2005063955.697.84$5,012
Jun 2005065552.337.38$4,835
May 2005048145.226.65$3,199
Apr 2005067249.207.36$4,946
Mar 2005069450.377.15$4,965
Feb 2005077745.226.31$4,904
Jan 2005088443.166.32$5,589
Dec 2004084239.866.75$5,684
Nov 2004076445.286.33$4,836
Oct 2004079249.706.52$5,160
Sep 2004076543.245.28$4,042
Aug 2004088742.375.55$4,923
Jul 200401,01938.286.08$6,200
Jun 2004094236.106.43$6,060
May 2004096437.486.49$6,261
Apr 2004086134.475.86$5,044
Mar 2004077434.365.53$4,280
Feb 2004073132.455.51$4,028
Jan 2004079032.036.30$4,977
Dec 2003095530.266.30$6,018
Nov 2003032028.804.60$1,470
Oct 2003068828.174.76$3,275
Sep 2003080226.314.75$3,809
Aug 2003096529.765.13$4,950
Jul 2003083729.415.17$4,328
Jun 2003063828.565.98$3,817
May 2003052926.595.97$3,160
Apr 2003065526.675.41$3,542
Mar 200301,14931.146.10$7,004
Feb 200301,45333.487.93$11,516
Jan 200301,56130.315.58$8,714
Dec 200201,37926.914.85$6,693
Nov 200201,75724.664.14$7,269
Oct 200201,54026.464.23$6,513
Sep 20021621,02427.443.64$8,168
Aug 200201,12825.963.16$3,569
Jul 200201,51324.583.06$4,632
Jun 200201,33523.733.34$4,457
May 200211,69024.663.58$6,082
Apr 200201,73923.653.51$6,108
Mar 2002093422.003.10$2,898
Feb 200201,50318.222.38$3,571
Jan 200201,97017.172.38$4,680
Dec 200101,39616.932.36$3,301
Nov 2001071318.072.41$1,715
Oct 200131,41719.782.53$3,643
Sep 200101,45424.262.25$3,273
Aug 200101,84724.873.05$5,639
Jul 200101,63223.933.20$5,218
Jun 200131,79224.563.82$6,927
May 200101,83825.524.31$7,917
Apr 200101,13424.685.34$6,050
Mar 200101,80324.545.38$9,694
Feb 200101,72327.755.77$9,937
Jan 200101,22527.478.40$10,288
Dec 200001,95826.889.12$17,862
Nov 200002,26232.215.66$12,798
Oct 200001,78931.235.15$9,205
Sep 200001,66631.875.19$8,641
Aug 200001,90529.644.54$8,650
Jul 20001161,56628.534.09$9,714
Jun 200051,69129.304.40$7,582
May 200001,97727.263.68$7,275
Apr 200001,52224.513.12$4,743
Mar 200001,87028.422.86$5,348
Feb 200001,71627.622.73$4,679
Jan 200001,90625.272.48$4,728
Dec 199961,89424.282.42$4,736
Nov 199902,01823.192.43$4,912
Oct 199902,41820.982.80$6,779
Sep 199901,84521.752.62$4,832
Aug 199902,13819.262.88$6,148
Jul 199902,12017.892.37$5,029
Jun 199901,99915.942.36$4,722
May 199902,32815.792.32$5,403
Apr 1999632,19515.102.21$5,798
Mar 199902,31512.471.84$4,256
Feb 199902,2699.981.82$4,125
Jan 199902,46210.381.90$4,678
Dec 199802,2829.201.77$4,047
Nov 199802,38810.892.19$5,220
Oct 199802,57012.421.97$5,061
Sep 199802,73812.592.08$5,702
Aug 19981352,88011.301.91$7,019
Jul 199802,65211.742.24$5,933
Jun 199802,86411.242.24$6,408
May 199802,68712.622.21$5,928
Apr 199802,86413.042.51$7,175
Mar 199802,90212.802.31$6,702
Feb 199802,96913.952.30$6,826
Jan 199802,46814.702.15$5,318
Dec 199702,66416.322.41$6,423
Nov 199702,43818.193.09$7,529
Oct 199702,75619.253.15$8,681
Sep 199702,77317.742.95$8,194
Aug 1997813,21717.862.55$9,665
Jul 199703,22417.582.25$7,244
Jun 199703,21217.242.26$7,250
May 199703,73918.972.31$8,631
Apr 199703,80817.882.08$7,931
Mar 19971603,78218.951.94$10,366
Feb 199703,69220.492.21$8,144
Jan 199723,66623.483.54$13,024
Dec 199603,21023.32$0
Nov 199603,73021.97$0
Oct 199603,82723.31$0
Sep 199603,49022.22$0
Aug 199604,03720.26$0
Jul 199603,87619.55$0
Jun 1996913,71118.73$1,704
May 199604,21519.43$0
Apr 199604,30621.51$0
Mar 199604,39919.38$0
Feb 19961323,88416.98$2,241
Jan 199604,93217.07$0
Dec 199505,14517.19$0
Nov 199505,39316.00$0
Oct 1995716,39515.43$1,096
Sep 199506,72116.18$0
Aug 199505,41915.92$0
Jul 19951945,80515.24$2,957
Jun 199516,81616.41$16
May 199506,31817.56$0
Apr 199507,12017.73$0
Mar 19951966,55016.44$3,222
Feb 199517,21816.58$17
Jan 1995010,26915.92$0
Dec 19941979,18715.03$2,961
Nov 199407,43715.90$0
Oct 1994010,07015.58$0
Sep 199419311,46015.29$2,951
Aug 1994013,91916.13$0
Jul 199419315,93517.56$3,389
Jun 1994017,15217.09$0
May 1994021,88015.88$0
Apr 19940014.14$0
Mar 1994053512.46$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.

Oct 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 72.54 =         $0
Gas                  282 Mcf  × $  4.11 =     $1,159

────────────────────────────────────────────────────
Month total                                   $1,159

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/149064 is the state's own key, not one this site invented.