BAILEY, RUTH

Operated by STAMPER OPERATING CO., INC. (P-5 812133) in the BRYSON, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24018District 09Field 12800001NGPA filingOilCasinghead gasSaveExport
Value, all time
$33 k
Jan 1993 – Apr 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
184
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 174 leases and 413 wells, and the rule below applies to all of them.

Discovered
1915-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
NGPA2none

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
OilDisposition498 bbl$13,092
Casinghead gasProduction20,310 Mcf$20,283
Total$33,375

13,186 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 (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 33.1529, -98.4205. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.15284, -98.42048 · 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
100.0%
2 of 2 wells
Median depth
3,565 ft
2 wells filed one
Completion to plug
19.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 3,530 and 3,600 ft, median 3,565 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1984 – Nov 1985
2 of 2 wells
Plug dates filed
Jul 2001 – Dec 2007
2 of 2 wells

Last completion to plug: a median of 19.8 years across the 2 wells that filed both dates, with the middle half between 17.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2373658233,530 ftNov 1985Jul 2001Yes
42-2373550223,600 ftJan 1984Dec 2007Yes

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 (184)

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

184 months

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 200797055.108.22$5,345
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 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010224.262.25$5
Aug 2001015524.873.05$473
Jul 2001022823.933.20$729
Jun 200113426324.563.82$4,297
May 2001044125.524.31$1,900
Apr 2001019324.685.34$1,030
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 200007031.235.15$360
Sep 200008531.875.19$441
Aug 2000010529.644.54$477
Jul 200009828.534.09$401
Jun 200009529.304.40$418
May 200009427.263.68$346
Apr 200008924.513.12$277
Mar 200008028.422.86$229
Feb 200007227.622.73$196
Jan 200007725.272.48$191
Dec 199909324.282.42$225
Nov 1999010223.192.43$248
Oct 1999011220.982.80$314
Sep 1999011621.752.62$304
Aug 1999012419.262.88$357
Jul 1999012117.892.37$287
Jun 1999011515.942.36$272
May 1999013215.792.32$306
Apr 1999011915.102.21$263
Mar 1999012412.471.84$228
Feb 199901129.981.82$204
Jan 1999012910.381.90$245
Dec 199801089.201.77$192
Nov 1998012910.892.19$282
Oct 1998013412.421.97$264
Sep 1998014112.592.08$294
Aug 1998013711.301.91$261
Jul 1998013411.742.24$300
Jun 199807611.242.24$170
May 1998014812.622.21$327
Apr 1998012713.042.51$318
Mar 1998015912.802.31$367
Feb 1998015113.952.30$347
Jan 1998012814.702.15$276
Dec 1997014216.322.41$342
Nov 1997016318.193.09$503
Oct 1997018119.253.15$570
Sep 1997014417.742.95$426
Aug 1997015717.862.55$401
Jul 1997019417.582.25$436
Jun 1997015417.242.26$348
May 1997016818.972.31$388
Apr 1997018917.882.08$394
Mar 1997015918.951.94$308
Feb 1997016220.492.21$357
Jan 1997019323.483.54$683
Dec 1996016223.32$0
Nov 1996017321.97$0
Oct 1996021323.31$0
Sep 1996019322.22$0
Aug 1996025420.26$0
Jul 1996020519.55$0
Jun 1996020618.73$0
May 1996026819.43$0
Apr 1996021721.51$0
Mar 1996025319.38$0
Feb 1996015616.98$0
Jan 1996020517.07$0
Dec 1995020517.19$0
Nov 1995025716.00$0
Oct 1995023015.43$0
Sep 1995023016.18$0
Aug 1995029815.92$0
Jul 1995023815.24$0
Jun 1995027516.41$0
May 1995028017.56$0
Apr 1995023117.73$0
Mar 1995023116.44$0
Feb 1995023516.58$0
Jan 1995028415.92$0
Dec 1994026615.03$0
Nov 199417327215.90$2,751
Oct 1994031815.58$0
Sep 1994033615.29$0
Aug 1994043416.13$0
Jul 1994035917.56$0
Jun 1994032617.09$0
May 1994028015.88$0
Apr 1994033914.14$0
Mar 1994028012.46$0
Feb 1994019612.50$0
Jan 1994025312.66$0
Dec 1993024412.33$0
Nov 1993032614.49$0
Oct 1993036415.85$0
Sep 1993085815.03$0
Aug 1993085815.66$0
Jul 1993021315.46$0
Jun 1993020416.79$0
May 1993020817.68$0
Apr 1993018818.05$0
Mar 19939419518.14$1,705
Feb 1993016317.90$0
Jan 1993020716.93$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.

Feb 2007 — as filed, then multipliedworked
Oil                   97 bbl  × $ 55.10 =     $5,345
Casinghead gas         0 Mcf  × $  8.22 =         $0

────────────────────────────────────────────────────
Month total                                   $5,345

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/24018 is the state's own key, not one this site invented.