RALEY, S. W.

Operated by THREE P OPERATING CO.,GP, L.L.C. (P-5 857738) in the RALEY (4120 CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20811District 09Field 74288300NGPA filingOilCasinghead gasSaveExport
Value, all time
$211 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
239
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1979-06-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 4-1-80 PER AMENDMENT TO SWR 28 & 29

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
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
OilDisposition832 bbl$28,426
Casinghead gasProduction58,812 Mcf$182,596
Total$211,021

17,629 Mcf of this lease's gas, across 41 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 (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 33.0261, -98.1358. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.02607, -98.13577 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
4,581 ft
2 wells filed one
Completion to plug
16.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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

Between 4,141 and 5,020 ft, median 4,581 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1979 – Jun 2006
2 of 2 wells
Plug dates filed
Feb 2023
1 of 2 wells; 1 filed none

Last completion to plug: a median of 16.7 years across the 1 well that filed both dates, with the middle half between 16.7 years and 16.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2373431455,020 ftJun 2006Feb 2023Yes
42-2370010124,141 ftJun 1979Yes

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 (239)

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

239 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201289092.662.91$8,247
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 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009154042.144.06$6,490
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006035966.016.42$2,307
Apr 2006076364.397.36$5,616
Mar 2006075756.707.08$5,362
Feb 2006037657.597.75$2,914
Jan 2006060360.598.93$5,387
Dec 2005071554.9413.42$9,592
Nov 2005066454.6910.59$7,031
Oct 2005058658.3413.80$8,084
Sep 2005039661.4512.08$4,783
Aug 2005038561.519.80$3,772
Jul 200501355.697.84$102
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 200501450.377.15$100
Feb 200502845.226.31$177
Jan 200502343.166.32$145
Dec 200401839.866.75$122
Nov 200401345.286.33$82
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004015042.375.55$833
Jul 200413633738.286.08$7,256
Jun 2004033236.106.43$2,136
May 2004033837.486.49$2,195
Apr 2004031734.475.86$1,857
Mar 2004033634.365.53$1,858
Feb 2004032232.455.51$1,774
Jan 2004035732.036.30$2,249
Dec 2003034930.266.30$2,199
Nov 2003029328.804.60$1,346
Oct 2003634328.174.76$1,802
Sep 2003736126.314.75$1,899
Aug 2003037629.765.13$1,929
Jul 2003032129.415.17$1,660
Jun 2003026528.565.98$1,585
May 2003031826.595.97$1,899
Apr 2003031726.675.41$1,714
Mar 2003033031.146.10$2,012
Feb 2003030033.487.93$2,378
Jan 2003037030.315.58$2,065
Dec 2002035726.914.85$1,733
Nov 2002036024.664.14$1,489
Oct 2002036126.464.23$1,527
Sep 2002035927.443.64$1,305
Aug 2002037725.963.16$1,193
Jul 2002038424.583.06$1,176
Jun 2002036523.733.34$1,218
May 2002033624.663.58$1,204
Apr 2002035623.653.51$1,250
Mar 2002038922.003.10$1,207
Feb 2002035418.222.38$841
Jan 2002040517.172.38$962
Dec 2001032916.932.36$778
Nov 2001017718.072.41$426
Oct 2001038319.782.53$969
Sep 2001036624.262.25$824
Aug 200110441024.873.05$3,838
Jul 2001040923.933.20$1,308
Jun 2001038024.563.82$1,453
May 2001041225.524.31$1,775
Apr 2001040224.685.34$2,145
Mar 2001042124.545.38$2,263
Feb 2001037027.755.77$2,134
Jan 2001039727.478.40$3,334
Dec 2000036526.889.12$3,330
Nov 2000036132.215.66$2,043
Oct 2000041531.235.15$2,135
Sep 2000039131.875.19$2,028
Aug 2000044429.644.54$2,016
Jul 2000024728.534.09$1,010
Jun 2000024729.304.40$1,086
May 2000024527.263.68$902
Apr 2000036224.513.12$1,128
Mar 2000044728.422.86$1,278
Feb 2000040627.622.73$1,107
Jan 2000039425.272.48$977
Dec 1999040624.282.42$984
Nov 1999041823.192.43$1,017
Oct 1999044720.982.80$1,253
Sep 1999043721.752.62$1,144
Aug 1999037119.262.88$1,067
Jul 1999039317.892.37$932
Jun 1999040415.942.36$954
May 199910441115.792.32$2,596
Apr 1999042915.102.21$947
Mar 1999042412.471.84$779
Feb 199903789.981.82$687
Jan 1999045710.381.90$868
Dec 199804679.201.77$828
Nov 1998046810.892.19$1,023
Oct 1998047312.421.97$931
Sep 1998046212.592.08$962
Aug 1998041811.301.91$797
Jul 1998043811.742.24$980
Jun 1998043411.242.24$971
May 1998044012.622.21$971
Apr 1998041913.042.51$1,050
Mar 1998045712.802.31$1,055
Feb 1998040713.952.30$936
Jan 1998046214.702.15$996
Dec 1997047016.322.41$1,133
Nov 1997046718.193.09$1,442
Oct 1997048919.253.15$1,540
Sep 1997347217.742.95$1,448
Aug 1997448217.862.55$1,303
Jul 1997049117.582.25$1,103
Jun 199711747017.242.26$3,078
May 1997050718.972.31$1,170
Apr 1997048217.882.08$1,004
Mar 1997047518.951.94$921
Feb 1997041020.492.21$904
Jan 1997032023.483.54$1,133
Dec 1996050623.32$0
Nov 1996042221.97$0
Oct 1996046823.31$0
Sep 1996044022.22$0
Aug 1996045820.26$0
Jul 1996045119.55$0
Jun 1996045418.73$0
May 1996044519.43$0
Apr 1996033121.51$0
Mar 1996039519.38$0
Feb 1996041716.98$0
Jan 1996044417.07$0
Dec 1995044917.19$0
Nov 1995044816.00$0
Oct 1995046915.43$0
Sep 1995045916.18$0
Aug 19951843915.92$287
Jul 1995062115.24$0
Jun 19958942416.41$1,460
May 1995044817.56$0
Apr 1995040517.73$0
Mar 1995040716.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 199407015.58$0
Sep 199408815.29$0
Aug 199408916.13$0
Jul 1994034217.56$0
Jun 1994013817.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 199419112.50$13
Jan 199408612.66$0
Dec 1993049912.33$0
Nov 1993049314.49$0
Oct 1993058615.85$0
Sep 1993058515.03$0
Aug 1993053315.66$0
Jul 1993065315.46$0
Jun 1993059616.79$0
May 1993064817.68$0
Apr 1993064218.05$0
Mar 1993059218.14$0
Feb 1993051917.90$0
Jan 1993057916.93$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.

Aug 2012 — as filed, then multipliedworked
Oil                   89 bbl  × $ 92.66 =     $8,247
Casinghead gas         0 Mcf  × $  2.91 =         $0

────────────────────────────────────────────────────
Month total                                   $8,247

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/O/20811 is the state's own key, not one this site invented.