RAGLAND, S.R.

Operated by CRESWELL, R.G. (P-5 189953) in the MORELAND (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25040District 09Field 62839700OilCasinghead gasSaveExport
Value, all time
$643 k
Jan 1993 – Feb 2013
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
242
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1983-04-30
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition17,804 bbl$643,462
Casinghead gasProduction4,281 Mcf$0
Total$643,462

4,281 Mcf of this lease's gas, across 21 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 33.1378, -98.5596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.13782, -98.55961 · 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
4,664 ft
2 wells filed one
Completion to plug
27.2 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 4,640 and 4,687 ft, median 4,664 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1985 – Jun 1986
2 of 2 wells
Plug dates filed
Nov 2012
2 of 2 wells

Last completion to plug: a median of 27.2 years across the 2 wells that filed both dates, with the middle half between 26.8 years and 27.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-5033699344,640 ftJun 1986Nov 2012Yes
42-5033699134,687 ftJan 1985Nov 2012Yes

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 (242)

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

242 months

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 2012109092.662.91$10,100
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 2011160083.623.99$13,379
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 2011167096.364.06$16,092
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 2010147081.694.12$12,008
Mar 2010175078.394.39$13,718
Feb 2010176073.585.44$12,950
Jan 20100074.365.96$0
Dec 2009181071.445.48$12,931
Nov 2009170074.593.75$12,680
Oct 20090072.544.11$0
Sep 2009174065.543.06$11,404
Aug 2009176067.423.22$11,866
Jul 20090061.133.46$0
Jun 2009175066.163.90$11,578
May 2009175054.743.93$9,580
Apr 2009174046.773.59$8,138
Mar 2009175042.144.06$7,375
Feb 2009172032.814.63$5,643
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008176075.246.92$13,242
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081770131.3313.03$23,245
May 200800123.1711.57$0
Apr 20081810110.3110.45$19,966
Mar 20081750101.909.66$17,833
Feb 2008176092.538.77$16,285
Jan 2008176090.388.21$15,907
Dec 2007362088.337.30$31,975
Nov 20070091.677.29$0
Oct 2007176082.856.92$14,582
Sep 2007345075.846.24$26,165
Aug 2007176069.066.39$12,155
Jul 2007350070.906.39$24,815
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 2006176066.016.42$11,618
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 2005178054.6910.59$9,735
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005174061.519.80$10,703
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 2004176038.286.08$6,737
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 2003166028.174.76$4,676
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 2002165026.914.85$4,440
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 2001160016.932.36$2,709
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001174023.933.20$4,164
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000170026.889.12$4,570
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000174029.644.54$5,157
Jul 20000028.534.09$0
Jun 2000172029.304.40$5,040
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000172027.622.73$4,751
Jan 20000025.272.48$0
Dec 1999173024.282.42$4,200
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999173021.752.62$3,763
Aug 1999175019.262.88$3,371
Jul 1999164017.892.37$2,934
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999171015.102.21$2,582
Mar 1999170012.471.84$2,120
Feb 1999009.981.82$0
Jan 1999176010.381.90$1,827
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998172011.742.24$2,019
Jun 19980011.242.24$0
May 1998161012.622.21$2,032
Apr 19980013.042.51$0
Mar 1998177012.802.31$2,266
Feb 19980013.952.30$0
Jan 1998185014.702.15$2,720
Dec 19970016.322.41$0
Nov 1997173018.193.09$3,147
Oct 1997183019.253.15$3,523
Sep 1997183017.742.95$3,246
Aug 1997187017.862.55$3,340
Jul 1997187017.582.25$3,287
Jun 1997185017.242.26$3,189
May 1997181018.972.31$3,434
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997181020.492.21$3,709
Jan 1997181023.483.54$4,250
Dec 1996159023.32$3,708
Nov 1996181021.97$3,977
Oct 1996170023.31$3,963
Sep 1996363022.22$8,066
Aug 1996171020.26$3,464
Jul 1996180019.55$3,519
Jun 1996158018.73$2,959
May 1996172019.43$3,342
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996182016.98$3,090
Jan 1996176017.07$3,004
Dec 1995164017.19$2,819
Nov 19950016.00$0
Oct 1995150015.43$2,315
Sep 1995183016.18$2,961
Aug 1995185015.92$2,945
Jul 1995183015.24$2,789
Jun 19950016.41$0
May 1995185017.56$3,249
Apr 1995180017.73$3,191
Mar 1995182016.44$2,992
Feb 1995171016.58$2,835
Jan 1995349015.92$5,556
Dec 19940015.03$0
Nov 19941802815.90$2,862
Oct 19940015.58$0
Sep 19940015.29$0
Aug 1994014516.13$0
Jul 199418017917.56$3,161
Jun 199418216317.09$3,110
May 199418114215.88$2,874
Apr 199418021214.14$2,545
Mar 199417825212.46$2,218
Feb 199418628112.50$2,325
Jan 199418431112.66$2,329
Dec 199318438612.33$2,269
Nov 199318421714.49$2,666
Oct 199318322315.85$2,901
Sep 199336730915.03$5,516
Aug 199318147915.66$2,834
Jul 199318431315.46$2,845
Jun 199317942716.79$3,005
May 199317515317.68$3,094
Apr 19931775818.05$3,195
Mar 19930118.14$0
Feb 19930117.90$0
Jan 1993124116.93$2,099

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                  109 bbl  × $ 92.66 =    $10,100
Casinghead gas         0 Mcf  × $  2.91 =         $0

────────────────────────────────────────────────────
Month total                                  $10,100

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/25040 is the state's own key, not one this site invented.