LEE, RUBY

Name: LEE, RUBY lease production and value, Nov 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DOMINION OKLAHOMA TEXAS E&P, INC (P-5 222282) in the B & B (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7004District 10Field 04660500OilCasinghead gasSave Export

Value, all time

$1.1 M

Nov 1994 – Apr 2007

Value, last 12 filed months

$69 k

at the published price for each month

Months reported

150

no gaps in the span

Streams

oil, casinghead gas

The B & B (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 66 leases and 69 wells, and the rule below applies to all of them.

Discovered

1982-01-04

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 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 2009-01-15.

The Commission's schedule remark for this field reads: “P-15'S AND PLATS ARE REQUIRED FOR HORIZONTAL WELLS.”

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
Oil	Disposition	13,872 bbl	$394,658
Casinghead gas	Production	158,416 Mcf	$663,942
Total			$1,058,600

33,472 Mcf of this lease's gas, across 26 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 (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 35.5334, -100.1313. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53341, -100.13128 · 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

12,500 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 12,500 ft.

Completions filed

Aug 2006

1 of 1 wells

1 well


42-48331407	204	12,500 ft	Aug 2006	—	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 (150)

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

150 months


Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	185	0	68.71	7.34	$12,711
Jul 2006	184	1,261	69.37	6.34	$20,762
Jun 2006	0	1,388	66.28	6.38	$8,861
May 2006	192	2,143	66.01	6.42	$26,443
Apr 2006	0	1,775	64.39	7.36	$13,065
Mar 2006	196	1,738	56.70	7.08	$23,423
Feb 2006	194	1,460	57.59	7.75	$22,489
Jan 2006	0	1,606	60.59	8.93	$14,347
Dec 2005	0	1,668	54.94	13.42	$22,377
Nov 2005	185	1,434	54.69	10.59	$25,301
Oct 2005	0	1,954	58.34	13.80	$26,957
Sep 2005	193	2,338	61.45	12.08	$40,101
Aug 2005	181	2,450	61.51	9.80	$35,136
Jul 2005	0	2,036	55.69	7.84	$15,970
Jun 2005	182	2,445	52.33	7.38	$27,571
May 2005	0	2,284	45.22	6.65	$15,191
Apr 2005	187	2,087	49.20	7.36	$24,562
Mar 2005	191	2,573	50.37	7.15	$28,030
Feb 2005	0	2,144	45.22	6.31	$13,533
Jan 2005	192	2,285	43.16	6.32	$22,733
Dec 2004	0	1,845	39.86	6.75	$12,456
Nov 2004	192	1,879	45.28	6.33	$20,589
Oct 2004	185	2,159	49.70	6.52	$23,261
Sep 2004	0	2,450	43.24	5.28	$12,946
Aug 2004	192	2,892	42.37	5.55	$24,188
Jul 2004	0	1,659	38.28	6.08	$10,094
Jun 2004	213	1,157	36.10	6.43	$15,132
May 2004	182	1,004	37.48	6.49	$13,342
Apr 2004	0	693	34.47	5.86	$4,060
Mar 2004	195	448	34.36	5.53	$9,178
Feb 2004	0	700	32.45	5.51	$3,857
Jan 2004	0	783	32.03	6.30	$4,933
Dec 2003	185	830	30.26	6.30	$10,828
Nov 2003	0	832	28.80	4.60	$3,823
Oct 2003	0	713	28.17	4.76	$3,394
Sep 2003	189	631	26.31	4.75	$7,969
Aug 2003	0	791	29.76	5.13	$4,058
Jul 2003	0	1,013	29.41	5.17	$5,238
Jun 2003	185	1,264	28.56	5.98	$12,846
May 2003	0	1,121	26.59	5.97	$6,695
Apr 2003	187	871	26.67	5.41	$9,697
Mar 2003	184	1,282	31.14	6.10	$13,545
Feb 2003	0	1,286	33.48	7.93	$10,193
Jan 2003	190	1,271	30.31	5.58	$12,854
Dec 2002	0	1,131	26.91	4.85	$5,490
Nov 2002	193	1,314	24.66	4.14	$10,195
Oct 2002	0	718	26.46	4.23	$3,037
Sep 2002	192	870	27.44	3.64	$8,431
Aug 2002	0	824	25.96	3.16	$2,607
Jul 2002	191	926	24.58	3.06	$7,530
Jun 2002	0	886	23.73	3.34	$2,958
May 2002	191	942	24.66	3.58	$8,086
Apr 2002	180	322	23.65	3.51	$5,388
Mar 2002	0	350	22.00	3.10	$1,086
Feb 2002	176	249	18.22	2.38	$3,798
Jan 2002	184	279	17.17	2.38	$3,822
Dec 2001	0	641	16.93	2.36	$1,516
Nov 2001	0	263	18.07	2.41	$633
Oct 2001	0	394	19.78	2.53	$996
Sep 2001	168	365	24.26	2.25	$4,897
Aug 2001	0	650	24.87	3.05	$1,985
Jul 2001	0	415	23.93	3.20	$1,327
Jun 2001	192	230	24.56	3.82	$5,595
May 2001	0	347	25.52	4.31	$1,495
Apr 2001	0	353	24.68	5.34	$1,883
Mar 2001	0	401	24.54	5.38	$2,156
Feb 2001	181	505	27.75	5.77	$7,935
Jan 2001	0	1,200	27.47	8.40	$10,079
Dec 2000	187	993	26.88	9.12	$14,085
Nov 2000	194	565	32.21	5.66	$9,446
Oct 2000	0	654	31.23	5.15	$3,365
Sep 2000	185	283	31.87	5.19	$7,364
Aug 2000	177	419	29.64	4.54	$7,149
Jul 2000	0	646	28.53	4.09	$2,642
Jun 2000	181	644	29.30	4.40	$8,135
May 2000	188	748	27.26	3.68	$7,877
Apr 2000	0	552	24.51	3.12	$1,720
Mar 2000	63	1	28.42	2.86	$1,793
Feb 2000	0	172	27.62	2.73	$469
Jan 2000	0	417	25.27	2.48	$1,034
Dec 1999	157	563	24.28	2.42	$5,177
Nov 1999	0	119	23.19	2.43	$290
Oct 1999	0	393	20.98	2.80	$1,102
Sep 1999	0	568	21.75	2.62	$1,488
Aug 1999	191	909	19.26	2.88	$6,293
Jul 1999	0	252	17.89	2.37	$598
Jun 1999	0	320	15.94	2.36	$756
May 1999	0	234	15.79	2.32	$543
Apr 1999	381	739	15.10	2.21	$7,385
Mar 1999	182	1,017	12.47	1.84	$4,139
Feb 1999	0	1,444	9.98	1.82	$2,625
Jan 1999	246	941	10.38	1.90	$4,341
Dec 1998	0	1,060	9.20	1.77	$1,880
Nov 1998	193	1,121	10.89	2.19	$4,552
Oct 1998	0	963	12.42	1.97	$1,896
Sep 1998	197	1,042	12.59	2.08	$4,650
Aug 1998	0	1,142	11.30	1.91	$2,178
Jul 1998	0	1,123	11.74	2.24	$2,512
Jun 1998	0	1,120	11.24	2.24	$2,506
May 1998	198	807	12.62	2.21	$4,279
Apr 1998	0	1,010	13.04	2.51	$2,530
Mar 1998	189	1,623	12.80	2.31	$6,167
Feb 1998	195	1,398	13.95	2.30	$5,934
Jan 1998	0	905	14.70	2.15	$1,950
Dec 1997	195	951	16.32	2.41	$5,475
Nov 1997	196	3,006	18.19	3.09	$12,849
Oct 1997	0	2,080	19.25	3.15	$6,552
Sep 1997	0	1,518	17.74	2.95	$4,486
Aug 1997	195	1,409	17.86	2.55	$7,082
Jul 1997	0	1,094	17.58	2.25	$2,458
Jun 1997	173	1,233	17.24	2.26	$5,766
May 1997	0	1,263	18.97	2.31	$2,916
Apr 1997	195	1,052	17.88	2.08	$5,678
Mar 1997	51	1,633	18.95	1.94	$4,133
Feb 1997	198	1,015	20.49	2.21	$6,296
Jan 1997	0	565	23.48	3.54	$2,000
Dec 1996	134	56	23.32	—	$3,125
Nov 1996	0	1,289	21.97	—	$0
Oct 1996	132	1,468	23.31	—	$3,077
Sep 1996	174	1,858	22.22	—	$3,866
Aug 1996	195	1,112	20.26	—	$3,951
Jul 1996	0	1,052	19.55	—	$0
Jun 1996	0	1,224	18.73	—	$0
May 1996	136	1,436	19.43	—	$2,642
Apr 1996	171	1,524	21.51	—	$3,678
Mar 1996	181	1,708	19.38	—	$3,508
Feb 1996	189	1,705	16.98	—	$3,209
Jan 1996	0	769	17.07	—	$0
Dec 1995	181	1,739	17.19	—	$3,111
Nov 1995	0	1,550	16.00	—	$0
Oct 1995	227	1,671	15.43	—	$3,503
Sep 1995	181	2,132	16.18	—	$2,929
Aug 1995	0	304	15.92	—	$0
Jul 1995	175	864	15.24	—	$2,667
Jun 1995	0	1,457	16.41	—	$0
May 1995	183	1,311	17.56	—	$3,213
Apr 1995	163	1,475	17.73	—	$2,890
Mar 1995	180	1,531	16.44	—	$2,959
Feb 1995	185	1,199	16.58	—	$3,067
Jan 1995	184	1,243	15.92	—	$2,929
Dec 1994	5	1,429	15.03	—	$75
Nov 1994	0	366	15.90	—	$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.

Aug 2006 — as filed, then multipliedworked

Oil                  185 bbl  × $ 68.71 =    $12,711
Casinghead gas         0 Mcf  × $  7.34 =         $0

────────────────────────────────────────────────────
Month total                                  $12,711

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/7004 is the state's own key, not one this site invented.