RANCH

Operated by RAY HERRING OPERATING CO., LLC (P-5 695232) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29977District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 2002 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
293
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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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

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
OilDisposition16,354 bbl$858,580
Casinghead gasProduction71,371 Mcf$438,267
Total$1,296,847

Wells on this lease (3)

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 33.2687, -98.4481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.26896, -98.44850 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
4,795 ft
3 wells filed one
Completion to plug
22.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 4,789 and 5,190 ft, median 4,795 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2002 – Aug 2024
3 of 3 wells
Plug dates filed
Dec 2024
1 of 3 wells; 2 filed none

Last completion to plug: a median of 22.9 years across the 1 well that filed both dates, with the middle half between 22.9 years and 22.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-5034060015,190 ftAug 2024
42-5030074824,789 ftNov 2014
42-5034112244,795 ftJan 2002Dec 2024Yes

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 (293)

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

293 months

May 20261650106.413.05$17,558
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026167063.503.75$10,605
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025171058.593.93$10,019
Oct 20254059.383.30$238
Sep 20256062.743.08$376
Aug 202569063.933.01$4,411
Jul 2025182066.743.32$12,147
Jun 2025126066.483.13$8,376
May 2025256060.553.23$15,501
Apr 2025130062.363.54$8,107
Mar 2025101067.704.27$6,838
Feb 2025252070.884.34$17,862
Jan 2025260074.324.28$19,323
Dec 2024171068.993.12$11,797
Nov 2024314069.052.20$21,682
Oct 2024294071.372.28$20,983
Sep 2024536069.612.36$37,311
Aug 2024284075.632.06$21,479
Jul 20243079.932.15$240
Jun 20240078.082.63$0
May 20248078.812.20$630
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20247073.023.30$511
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20232085.443.09$171
Sep 20236089.042.74$534
Aug 20230080.522.67$0
Jul 20234074.852.64$299
Jun 202390068.962.26$6,206
May 20233070.622.23$212
Apr 20237078.122.24$547
Mar 20236072.852.39$437
Feb 20237075.112.47$526
Jan 20230076.533.39$0
Dec 20226076.415.73$458
Nov 20224085.005.65$340
Oct 20222087.185.86$174
Sep 20223084.888.16$255
Aug 20223094.529.13$284
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20221690109.378.43$18,484
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20203036.972.48$111
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020122034.901.69$4,258
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019141062.632.75$8,831
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201803246.594.19$134
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018108060.183.08$6,499
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201772057.272.92$4,123
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017171042.493.09$7,266
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016161041.622.92$6,701
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015127042.892.93$5,447
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201480078.303.90$6,264
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20141095.895.06$96
Feb 2014118097.406.19$11,493
Jan 20141090.404.86$90
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131150102.523.72$11,790
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 20121079.822.52$80
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 2010112078.103.51$8,747
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010118072.554.74$8,561
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010111081.694.12$9,068
Mar 2010117078.394.39$9,172
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009121071.445.48$8,644
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009114065.543.06$7,472
Aug 20090067.423.22$0
Jul 2009113061.133.46$6,908
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009123046.773.59$5,753
Mar 20090042.144.06$0
Feb 2009130032.814.63$4,265
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008126055.496.86$6,992
Oct 20080075.246.92$0
Sep 20081290101.767.88$13,127
Aug 2008021114.228.48$178
Jul 2008130107131.0811.39$18,259
Jun 20080155131.3313.03$2,020
May 2008125109123.1711.57$16,658
Apr 2008098110.3110.45$1,025
Mar 200812529101.909.66$13,018
Feb 20080392.538.77$26
Jan 200803690.388.21$295
Dec 20071302088.337.30$11,629
Nov 2007010191.677.29$736
Oct 200712931182.856.92$12,840
Sep 200712933175.846.24$11,850
Aug 200712433969.066.39$10,729
Jul 200712737270.906.39$11,381
Jun 200711734162.007.55$9,828
May 200711547558.747.85$10,482
Apr 200712246959.617.81$10,933
Mar 200718350756.927.30$14,118
Feb 2007041755.108.22$3,426
Jan 200711746150.306.73$8,986
Dec 200624151456.656.92$17,209
Nov 200618050554.207.62$13,603
Oct 200633358454.906.01$21,794
Sep 200633866960.085.04$23,677
Aug 200616260668.717.34$15,579
Jul 2006059069.376.34$3,742
Jun 200611257266.286.38$11,075
May 2006076466.016.42$4,909
Apr 20065566464.397.36$8,429
Mar 2006072656.707.08$5,142
Feb 20065089657.597.75$9,825
Jan 20065594760.598.93$11,792
Dec 2005063354.9413.42$8,492
Nov 20054672754.6910.59$10,214
Oct 20054785258.3413.80$14,496
Sep 2005431,20461.4512.08$17,185
Aug 2005481,32961.519.80$15,972
Jul 2005521,37055.697.84$13,642
Jun 20055190052.337.38$9,312
May 2005991,10845.226.65$11,846
Apr 20051181,50549.207.36$16,883
Mar 20051251,42950.377.15$16,521
Feb 2005531,39345.226.31$11,189
Jan 20051371,65243.166.32$16,357
Dec 2004981,64439.866.75$15,005
Nov 2004501,65645.286.33$12,747
Oct 20041001,69149.706.52$15,987
Sep 20044991943.245.28$6,975
Aug 2004511,01042.375.55$7,767
Jul 2004501,11638.286.08$8,704
Jun 20044896236.106.43$7,921
May 20045098237.486.49$8,252
Apr 2004501,05534.475.86$7,904
Mar 20041021,05834.365.53$9,356
Feb 20045295032.455.51$6,922
Jan 2004551,07132.036.30$8,509
Dec 2003541,08330.266.30$8,459
Nov 20031201,20428.804.60$8,989
Oct 20031041,27928.174.76$9,017
Sep 2003551,25426.314.75$7,403
Aug 20031001,36729.765.13$9,988
Jul 2003511,32429.415.17$8,346
Jun 20031021,29328.565.98$10,649
May 20031021,13526.595.97$9,491
Apr 2003901,43826.675.41$10,176
Mar 20032591,33731.146.10$16,216
Feb 20031711,40633.487.93$16,869
Jan 20031821,18630.315.58$12,137
Dec 20021721,04926.914.85$9,720
Nov 20021711,28824.664.14$9,545
Oct 20022551,34726.464.23$12,444
Sep 20021791,10927.443.64$8,943
Aug 20023411,42625.963.16$13,364
Jul 20022331,48024.583.06$10,259
Jun 20023831,33523.733.34$13,545
May 20021351,17924.663.58$7,555
Apr 20024501,29023.653.51$15,173
Mar 20024931,27722.003.10$14,808
Feb 20024901,20918.222.38$11,800
Jan 20025361,08917.172.38$11,790

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.

May 2026 — as filed, then multipliedworked
Oil                  165 bbl  × $106.41 =    $17,558
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,558

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/29977 is the state's own key, not one this site invented.