RUTH 23

Operated by SEEK ENERGY, LLC (P-5 763160) in the HOOVER, NE (VIRGIL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 282205District 10Field 42512400CondensateGasSaveExport
Value, all time
$3.4 M
Mar 2017 – Nov 2021
Value, last 12 filed months
$762 k
at the published price for each month
Months reported
57
no gaps in the span
Streams
2
condensate, 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
2017-03-03
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: EFFECTIVE 5/1/19 FIELD CHANGED FROM PRORATED TO 49(B).

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
CondensateDisposition2,393 bbl$146,608
GasProduction1,122,708 Mcf$3,262,015
Total$3,408,622

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 35.5891, -100.8261. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58911, -100.82613 · 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
100.0%
1 of 1 wells
Median depth
9,210 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 9,210 ft.

Completions filed
Oct 2023
1 of 1 wells
Plug dates filed
Dec 1978
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1793060669,210 ftOct 2023Dec 1978Yes

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 (57)

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

57 months

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 202172146,78869.493.38$208,275
May 202138835,04163.483.02$130,372
Apr 202134837,40160.362.76$124,173
Mar 202111324,35361.302.72$73,093
Feb 202146522,42257.805.55$151,273
Jan 202118817,89350.412.81$59,761
Dec 20201702,60944.642.68$14,569
Nov 2020016,08238.772.71$43,527
Oct 2020016,02936.972.48$39,727
Sep 2020013,07737.091.99$26,037
Aug 2020025,51439.982.39$60,853
Jul 2020026,39438.371.83$48,172
Jun 2020026,73334.901.69$45,187
May 2020012,51616.921.81$22,713
Apr 2020012,73214.751.80$22,973
Mar 2020012,39330.341.86$23,004
Feb 2020017,74349.881.98$35,143
Jan 2020017,50157.252.09$36,660
Dec 2019017,76159.012.30$40,928
Nov 2019018,05255.302.75$49,656
Oct 2019019,91353.472.42$48,160
Sep 2019020,78655.052.66$55,234
Aug 201909,98153.112.30$23,000
Jul 2019016,18656.272.46$39,819
Jun 2019017,76852.782.49$44,264
May 2019018,67858.482.74$51,184
Apr 2019019,01362.632.75$52,299
Mar 2019016,07556.803.06$49,223
Feb 2019016,72750.852.79$46,705
Jan 2019020,70446.033.23$66,836
Dec 2018021,73446.594.19$90,966
Nov 2018016,17852.934.24$68,550
Oct 2018024,57961.443.40$83,521
Sep 2018023,21059.543.11$72,137
Aug 2018026,58959.403.07$81,537
Jul 2018024,57965.142.93$72,063
Jun 201803,44660.183.08$10,603
May 2018022,65365.382.90$65,712
Apr 2018020,71063.842.90$60,076
Mar 2018022,55861.222.79$62,866
Feb 2018021,17861.782.77$58,581
Jan 2018021,39162.874.01$85,763
Dec 201705,03257.272.92$14,701
Nov 2017019,78055.423.12$61,681
Oct 2017015,31949.292.98$45,707
Sep 2017021,89747.523.09$67,602
Aug 2017032,18445.373.00$96,694
Jul 2017037,78143.873.09$116,641
Jun 2017037,64842.493.09$116,230
May 2017033,22345.373.26$108,420
Apr 2017037,17347.933.21$119,385
Mar 2017039,00146.772.98$116,367

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.

Jun 2021 — as filed, then multipliedworked
Condensate           721 bbl  × $ 69.49 =    $50,102
Gas               46,788 Mcf  × $  3.38 =   $158,172

────────────────────────────────────────────────────
Month total                                 $208,275

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/282205 is the state's own key, not one this site invented.