RICKY

Operated by TAYLOR, GORDON OIL COMPANY, LP (P-5 837701) in the PANHANDLE MOORE COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5207District 10Field 68901001NGPA filingOilCasinghead gasSaveExport
Value, all time
$403 k
Jan 1993 – Jan 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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 334 leases and 1,458 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SEPTEMBER, AND OCTOBER.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition5,726 bbl$103,239
Casinghead gasProduction363,832 Mcf$300,115
Total$403,354

245,031 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 (4)

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 35.9621, -101.8221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.96213, -101.82201 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
3,590 ft
4 wells filed one
Completion to plug
26.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 3,249 and 5,024 ft, median 3,590 ft, over the 4 wells that filed a depth.

Completions filed
Dec 1981 – Dec 2000
4 of 4 wells
Plug dates filed
Apr 2010 – Apr 2011
4 of 4 wells

Last completion to plug: a median of 26.3 years across the 4 wells that filed both dates, with the middle half between 21.8 years and 27.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3413076755,024 ftDec 2000Apr 2010Yes
42-3413130143,563 ftMay 1985Apr 2011Yes
42-3413114383,617 ftJul 1984Apr 2011Yes
42-3413070813,249 ftDec 1981Apr 2010Yes

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 (229)

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

229 months

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 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
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 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
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 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 200017026.889.12$457
Nov 2000124232.215.66$4,005
Oct 20000731.235.15$36
Sep 2000078831.875.19$4,087
Aug 20001762,33529.644.54$15,819
Jul 200001,53228.534.09$6,266
Jun 200002,11129.304.40$9,283
May 200002,27827.263.68$8,382
Apr 200001,28924.513.12$4,017
Mar 20001352,23428.422.86$10,225
Feb 200001,92227.622.73$5,240
Jan 20001642,26325.272.48$9,758
Dec 199901,49624.282.42$3,626
Nov 199902,08623.192.43$5,077
Oct 199901,95320.982.80$5,476
Sep 199902,51821.752.62$6,594
Aug 199902,03519.262.88$5,852
Jul 19991432,73617.892.37$9,049
Jun 19991532,73415.942.36$8,897
May 199902,48415.792.32$5,765
Apr 199902,65115.102.21$5,854
Mar 199902,95712.471.84$5,436
Feb 199902,4999.981.82$4,543
Jan 199902,87510.381.90$5,462
Dec 199802,4979.201.77$4,428
Nov 199804,08710.892.19$8,933
Oct 199803,15912.421.97$6,221
Sep 19981341,79712.592.08$5,430
Aug 199802,24811.301.91$4,288
Jul 199803,45511.742.24$7,730
Jun 19981523,23311.242.24$8,942
May 199802,72512.622.21$6,012
Apr 199803,02913.042.51$7,589
Mar 199802,33512.802.31$5,393
Feb 199802,76313.952.30$6,353
Jan 199802,23014.702.15$4,805
Dec 199702,68616.322.41$6,476
Nov 19971462,03018.193.09$8,925
Oct 199703,32619.253.15$10,476
Sep 19971623,10617.742.95$12,052
Aug 199703,13317.862.55$8,004
Jul 199703,05617.582.25$6,867
Jun 19973403,34117.242.26$13,403
May 199703,65018.972.31$8,426
Apr 199703,69117.882.08$7,688
Mar 199703,56518.951.94$6,913
Feb 199703,65920.492.21$8,071
Jan 19971674,21523.483.54$18,841
Dec 199603,84323.32$0
Nov 199603,85121.97$0
Oct 199604,18723.31$0
Sep 199603,64222.22$0
Aug 19961734,02820.26$3,505
Jul 199604,42619.55$0
Jun 19961733,48118.73$3,240
May 199604,85119.43$0
Apr 199604,61521.51$0
Mar 19961635,28519.38$3,159
Feb 19961664,88016.98$2,819
Jan 199605,39717.07$0
Dec 199504,55117.19$0
Nov 19951744,38816.00$2,784
Oct 199505,29915.43$0
Sep 19951674,81116.18$2,702
Aug 199505,28115.92$0
Jul 199505,15915.24$0
Jun 19951713,76716.41$2,806
May 199505,51817.56$0
Apr 19951604,25017.73$2,837
Mar 199504,99316.44$0
Feb 19951734,91416.58$2,868
Jan 199505,43015.92$0
Dec 199403,97815.03$0
Nov 199404,60215.90$0
Oct 19941645,35415.58$2,555
Sep 19941725,16215.29$2,630
Aug 199405,57016.13$0
Jul 199405,16617.56$0
Jun 19943375,48117.09$5,759
May 199406,10215.88$0
Apr 199404,39014.14$0
Mar 199405,51212.46$0
Feb 19941765,35712.50$2,200
Jan 199405,56712.66$0
Dec 199305,11412.33$0
Nov 19933265,87514.49$4,724
Oct 19931755,15815.85$2,774
Sep 199305,54215.03$0
Aug 199306,06915.66$0
Jul 19931715,45715.46$2,644
Jun 19931786,08316.79$2,989
May 199306,41317.68$0
Apr 19933246,37818.05$5,848
Mar 199306,96818.14$0
Feb 19931705,98417.90$3,043
Jan 199306,90216.93$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.

Dec 2000 — as filed, then multipliedworked
Oil                   17 bbl  × $ 26.88 =       $457
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                     $457

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/O/5207 is the state's own key, not one this site invented.