RAGLE

Operated by G & F OIL, INC. (P-5 292000) in the STRAWN (MARBLE FALLS 4060) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31634District 09Field 86585300OilCasinghead gasSaveExport
Value, all time
$1.8 M
Nov 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
199
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 6 wells, and the rule below applies to all of them.

Discovered
1982-01-03
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: AOF-1 AND AOF-2 EFFECTIVE 06/01/2018.

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
OilDisposition12,051 bbl$1,024,880
Casinghead gasProduction214,192 Mcf$787,876
Total$1,812,755

Every month this lease reported (199)

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

199 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023016777.892.81$469
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
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 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020054830.341.86$1,017
Feb 2020043549.881.98$862
Jan 2020055157.252.09$1,154
Dec 2019065859.012.30$1,516
Nov 2019024555.302.75$674
Oct 2019053853.472.42$1,301
Sep 2019067555.052.66$1,794
Aug 2019067853.112.30$1,562
Jul 2019087656.272.46$2,155
Jun 2019089252.782.49$2,222
May 201901,51458.482.74$4,149
Apr 201901,07462.632.75$2,954
Mar 2019045256.803.06$1,384
Feb 2019028050.852.79$782
Jan 2019031046.033.23$1,001
Dec 2018032146.594.19$1,344
Nov 2018032752.934.24$1,386
Oct 2018034261.443.40$1,162
Sep 2018032059.543.11$995
Aug 2018026959.403.07$825
Jul 2018032465.142.93$950
Jun 20180060.183.08$0
May 201891565.382.90$5,964
Apr 2018030263.842.90$876
Mar 2018016961.222.79$471
Feb 2018010661.782.77$293
Jan 2018024262.874.01$970
Dec 2017041357.272.92$1,207
Nov 2017027355.423.12$851
Oct 2017055349.292.98$1,650
Sep 2017084447.523.09$2,606
Aug 2017070345.373.00$2,112
Jul 201701,11843.873.09$3,452
Jun 201701,17142.493.09$3,615
May 2017095045.373.26$3,100
Apr 20170047.933.21$0
Mar 2017033746.772.98$1,006
Feb 201704350.452.95$127
Jan 2017047549.413.42$1,624
Dec 2016071048.763.72$2,643
Nov 2016064242.492.64$1,698
Oct 2016043746.193.09$1,350
Sep 201617066941.553.10$9,138
Aug 2016057541.442.92$1,682
Jul 2016061641.622.92$1,801
Jun 2016020245.352.69$543
May 2016051642.521.99$1,027
Apr 2016075536.561.99$1,503
Mar 2016076433.011.79$1,371
Feb 2016080126.472.06$1,653
Jan 2016062127.352.36$1,468
Dec 2015078932.362.00$1,579
Nov 2015076338.792.17$1,654
Oct 2015072843.552.43$1,767
Sep 201501,15742.992.76$3,191
Aug 201501,01240.162.87$2,907
Jul 201501,11048.152.95$3,269
Jun 2015092056.152.88$2,652
May 201515876955.212.96$10,996
Apr 201501,71049.822.71$4,628
Mar 201501,35542.892.93$3,977
Feb 201501,46344.662.98$4,354
Jan 2015099343.433.10$3,079
Dec 201402,94554.693.59$10,577
Nov 20141773,68870.464.25$28,152
Oct 201404,17578.303.90$16,287
Sep 201404,18086.164.05$16,910
Aug 20141683,63589.394.04$29,685
Jul 201402,83396.564.18$11,841
Jun 201403,26498.164.74$15,461
May 201403,62594.734.73$17,134
Apr 201403,59895.944.81$17,303
Mar 20141734,73895.895.06$40,548
Feb 201403,93697.406.19$24,372
Jan 20141853,38090.404.86$33,153
Dec 201301,25091.824.35$5,443
Nov 20131831,60388.853.74$22,252
Oct 201302,56397.423.78$9,687
Sep 201301,951104.113.72$7,253
Aug 20131394,760104.253.52$31,258
Jul 20131705,484102.523.72$37,816
Jun 20131664,74694.403.93$34,338
May 20131743,65494.834.15$31,661
Apr 20131866,45893.964.28$45,134
Mar 20131796,76593.623.91$43,229
Feb 20133506,35291.233.42$53,654
Jan 20131716,42791.603.42$37,643
Dec 20125157,69886.773.42$71,015
Nov 20121684,52186.953.62$30,996
Oct 20123607,41689.383.40$57,389
Sep 20123426,92194.672.92$52,575
Aug 20121647,41492.662.91$36,757
Jul 20123356,81385.133.02$49,099
Jun 20121503,28479.822.52$20,246
May 201216048991.612.49$15,874
Apr 201257439101.652.00$6,671
Mar 20123281,755105.052.22$38,356
Feb 2012083101.102.57$213
Jan 201212550298.092.73$13,634
Dec 2011078696.873.24$2,546
Nov 201116895295.723.31$19,233
Oct 20113451,00484.983.65$32,981
Sep 20111591,09083.623.99$17,640
Aug 20111641,32783.404.15$19,184
Jul 20111721,80394.144.52$24,337
Jun 20113451,42992.904.64$38,681
May 20111691,30698.134.40$22,337
Apr 20114072,098105.964.33$52,217
Mar 20111761,81996.364.06$24,340
Feb 20111731,19985.644.18$19,828
Jan 20113581,50086.504.59$37,850
Dec 20101801,37385.734.35$21,401
Nov 20102741,23180.843.80$26,822
Oct 20103611,58478.103.51$33,752
Sep 20105172,07172.633.98$45,791
Aug 20102541,20973.684.42$24,058
Jul 20103721,16072.554.74$32,483
Jun 20105401,12570.364.91$43,519
May 20103611,18371.124.24$30,685
Apr 201018076381.694.12$17,850
Mar 20103411,02378.394.39$31,221
Feb 20103231,36973.585.44$31,217
Jan 201016886674.365.96$17,657
Dec 20090071.445.48$0
Nov 20090074.593.75$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.

Nov 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 77.89 =         $0
Casinghead gas       167 Mcf  × $  2.81 =       $469

────────────────────────────────────────────────────
Month total                                     $469

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/31634 is the state's own key, not one this site invented.