RUTH 23

Name: RUTH 23 lease production and value, Mar 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEWFIELD EXPL. MID-CON. INC (P-5 606616) in the HOOVER, NE (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 163145District 10Field 42512300Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$3.6 M

Mar 1997 – Nov 2004

Value, last 12 filed months

$888

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The HOOVER, NE (GRANITE WASH) field

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 13 leases and 17 wells, and the rule below applies to all of them.

Discovered

1996-12-23

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 40 acres. The field rule took effect on 2003-02-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “40 ACS. OPTIONS.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,507 bbl	$40,838
Gas	Production	1,233,554 Mcf	$3,541,063
Total			$3,581,901

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 35.5948, -100.8353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59482, -100.83532 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,013 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 9,013 ft.

Completions filed

Feb 2023

1 of 1 wells

1 well


42-17932223	5 C	9,013 ft	Feb 2023	—	Yes

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 (93)

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

93 months


Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	43	34.47	5.86	$252
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	38	32.03	6.30	$239
Dec 2003	0	63	30.26	6.30	$397
Nov 2003	0	44	28.80	4.60	$202
Oct 2003	0	2,406	28.17	4.76	$11,452
Sep 2003	0	3,570	26.31	4.75	$16,955
Aug 2003	0	4,899	29.76	5.13	$25,131
Jul 2003	0	4,312	29.41	5.17	$22,297
Jun 2003	0	7,330	28.56	5.98	$43,855
May 2003	0	5,938	26.59	5.97	$35,466
Apr 2003	0	12,271	26.67	5.41	$66,353
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	6,615	26.46	4.23	$27,976
Sep 2002	0	4,897	27.44	3.64	$17,802
Aug 2002	0	1,577	25.96	3.16	$4,990
Jul 2002	0	5,070	24.58	3.06	$15,523
Jun 2002	0	5,341	23.73	3.34	$17,830
May 2002	0	2,708	24.66	3.58	$9,705
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	634	16.93	2.36	$1,499
Nov 2001	0	621	18.07	2.41	$1,494
Oct 2001	0	722	19.78	2.53	$1,826
Sep 2001	0	12,686	24.26	2.25	$28,560
Aug 2001	0	13,945	24.87	3.05	$42,576
Jul 2001	0	11,563	23.93	3.20	$36,968
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	712	24.54	5.38	$3,828
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	7,475	27.47	8.40	$62,781
Dec 2000	0	17,876	26.88	9.12	$163,074
Nov 2000	0	13,865	32.21	5.66	$78,448
Oct 2000	0	13,419	31.23	5.15	$69,047
Sep 2000	0	27,037	31.87	5.19	$140,227
Aug 2000	0	49,568	29.64	4.54	$225,076
Jul 2000	0	12,716	28.53	4.09	$52,005
Jun 2000	0	1,542	29.30	4.40	$6,781
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	93	28.42	2.86	$266
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	160	24,291	25.27	2.48	$64,297
Dec 1999	0	26,868	24.28	2.42	$65,121
Nov 1999	0	27,402	23.19	2.43	$66,696
Oct 1999	0	29,485	20.98	2.80	$82,667
Sep 1999	233	29,868	21.75	2.62	$83,288
Aug 1999	0	34,091	19.26	2.88	$98,032
Jul 1999	0	33,546	17.89	2.37	$79,584
Jun 1999	0	34,253	15.94	2.36	$80,909
May 1999	0	37,925	15.79	2.32	$88,025
Apr 1999	0	34,800	15.10	2.21	$76,840
Mar 1999	0	39,475	12.47	1.84	$72,568
Feb 1999	0	40,738	9.98	1.82	$74,053
Jan 1999	0	39,150	10.38	1.90	$74,383
Dec 1998	0	23,786	9.20	1.77	$42,180
Nov 1998	182	26,095	10.89	2.19	$59,018
Oct 1998	0	27,537	12.42	1.97	$54,226
Sep 1998	1	26,697	12.59	2.08	$55,612
Aug 1998	2	26,662	11.30	1.91	$50,876
Jul 1998	118	6,707	11.74	2.24	$16,391
Jun 1998	87	22,758	11.24	2.24	$51,894
May 1998	158	38,689	12.62	2.21	$87,355
Apr 1998	172	31,753	13.04	2.51	$81,795
Mar 1998	0	34,954	12.80	2.31	$80,724
Feb 1998	292	23,550	13.95	2.30	$58,218
Jan 1998	228	42,471	14.70	2.15	$94,868
Dec 1997	172	38,596	16.32	2.41	$95,866
Nov 1997	0	39,330	18.19	3.09	$121,461
Oct 1997	270	40,436	19.25	3.15	$132,564
Sep 1997	294	35,728	17.74	2.95	$110,788
Aug 1997	138	38,237	17.86	2.55	$100,150
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	26,080	18.95	1.94	$50,573

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.

Apr 2004 — as filed, then multipliedworked

Condensate             0 bbl  × $ 34.47 =         $0
Gas                   43 Mcf  × $  5.86 =       $252

────────────────────────────────────────────────────
Month total                                     $252

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. 10/G/163145 is the state's own key, not one this site invented.