CRANFORD, L. A. ET AL

Operated by RAYLEE OPERATING COMPANY (P-5 695579) in the YOWELL (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26108District 09Field 99540500OilCasinghead gasSaveExport
Value, all time
$63 k
Jan 1993 – Sep 2007
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
177
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1978-07-15
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 100 acres.

The Commission's schedule remark for this field reads: FIELD RETURNED TO ALLOCATION FORMULA EFFECTIVE 08/01/83

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
OilDisposition680 bbl$14,733
Casinghead gasProduction44,755 Mcf$48,664
Total$63,396

27,313 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 33.0734, -98.0482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07344, -98.04821 · 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
0.0%
0 of 1 wells
Median depth
6,015 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 6,015 ft.

Completions filed
Apr 1979
1 of 1 wells

1 well

42-2373232216,015 ftApr 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 (177)

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

177 months

Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200724070.906.39$1,702
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 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 2005024645.226.65$1,636
Apr 2005021549.207.36$1,583
Mar 2005015550.377.15$1,109
Feb 2005011545.226.31$726
Jan 2005013143.166.32$828
Dec 2004013339.866.75$898
Nov 2004014745.286.33$931
Oct 20040049.706.52$0
Sep 20042412543.245.28$1,698
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 200449037.486.49$1,837
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 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200102424.685.34$128
Mar 200103224.545.38$172
Feb 200103327.755.77$190
Jan 200103527.478.40$294
Dec 200003126.889.12$283
Nov 200002032.215.66$113
Oct 200005131.235.15$262
Sep 200008731.875.19$451
Aug 2000011029.644.54$499
Jul 2000010628.534.09$434
Jun 2000011929.304.40$523
May 2000012427.263.68$456
Apr 20009151324.513.12$3,829
Mar 2000054928.422.86$1,570
Feb 2000031027.622.73$845
Jan 2000014425.272.48$357
Dec 1999012524.282.42$303
Nov 199909023.192.43$219
Oct 1999012220.982.80$342
Sep 1999035421.752.62$927
Aug 1999042819.262.88$1,231
Jul 1999039217.892.37$930
Jun 1999050015.942.36$1,181
May 1999059815.792.32$1,388
Apr 1999051415.102.21$1,135
Mar 1999048512.471.84$892
Feb 199905319.981.82$965
Jan 1999054910.381.90$1,043
Dec 199803949.201.77$699
Nov 1998055610.892.19$1,215
Oct 1998054112.421.97$1,065
Sep 19988955912.592.08$2,285
Aug 1998038611.301.91$736
Jul 1998062811.742.24$1,405
Jun 1998027411.242.24$613
May 1998037012.622.21$816
Apr 1998031013.042.51$777
Mar 1998036112.802.31$834
Feb 1998039213.952.30$901
Jan 1998042814.702.15$922
Dec 1997041916.322.41$1,010
Nov 1997031618.193.09$976
Oct 1997031019.253.15$976
Sep 1997024017.742.95$709
Aug 1997038217.862.55$976
Jul 1997026217.582.25$589
Jun 1997033117.242.26$747
May 1997018718.972.31$432
Apr 1997039117.882.08$814
Mar 1997027018.951.94$524
Feb 1997037420.492.21$825
Jan 1997051823.483.54$1,834
Dec 1996050623.32$0
Nov 1996050221.97$0
Oct 199612563023.31$2,914
Sep 1996068222.22$0
Aug 1996059420.26$0
Jul 1996060719.55$0
Jun 1996069418.73$0
May 1996063519.43$0
Apr 1996066621.51$0
Mar 1996078219.38$0
Feb 1996065816.98$0
Jan 1996073117.07$0
Dec 1995066617.19$0
Nov 1995054216.00$0
Oct 1995068615.43$0
Sep 1995070116.18$0
Aug 199512252315.92$1,942
Jul 1995061915.24$0
Jun 1995058216.41$0
May 1995061617.56$0
Apr 1995056717.73$0
Mar 1995064216.44$0
Feb 1995047416.58$0
Jan 1995028915.92$0
Dec 1994037815.03$0
Nov 1994045015.90$0
Oct 1994069215.58$0
Sep 1994067015.29$0
Aug 1994028016.13$0
Jul 1994021717.56$0
Jun 1994070617.09$0
May 1994054515.88$0
Apr 1994042114.14$0
Mar 1994041312.46$0
Feb 199415646112.50$1,950
Jan 1994040412.66$0
Dec 1993044812.33$0
Nov 1993059514.49$0
Oct 1993051215.85$0
Sep 1993074915.03$0
Aug 1993035515.66$0
Jul 1993048115.46$0
Jun 1993050816.79$0
May 1993049817.68$0
Apr 1993057318.05$0
Mar 1993071118.14$0
Feb 1993069217.90$0
Jan 1993096016.93$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.

Jul 2007 — as filed, then multipliedworked
Oil                   24 bbl  × $ 70.90 =     $1,702
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $1,702

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/26108 is the state's own key, not one this site invented.