TEXFEL-WEST

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the REB (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115914District 7BField 75095500CondensateGasSaveExport
Value, all time
$23 k
Jan 1993 – Dec 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
192
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 431 leases and 525 wells, and the rule below applies to all of them.

Discovered
1982-03-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-01-01.

The Commission's schedule remark for this field reads: EFF. 09-10-84 PER DOCKET #7B-82,934

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
CondensateDisposition26 bbl$487
GasProduction16,566 Mcf$22,807
Total$23,294

8,836 Mcf of this lease's gas, across 47 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 32.4610, -98.8284. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46096, -98.82838 · 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
3,940 ft
1 wells filed one
Completion to plug
24.8 years
median over 1 well

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 3,940 ft.

Completions filed
Mar 1984
1 of 1 wells
Plug dates filed
Dec 2008
1 of 1 wells

Last completion to plug: a median of 24.8 years across the 1 well that filed both dates, with the middle half between 24.8 years and 24.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333553213,940 ftMar 1984Dec 2008Yes

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 (192)

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

192 months

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 20010124.873.05$3
Jul 200104323.933.20$137
Jun 200102224.563.82$84
May 20010025.524.31$0
Apr 200105824.685.34$309
Mar 20010024.545.38$0
Feb 200108927.755.77$513
Jan 2001011727.478.40$983
Dec 2000012526.889.12$1,140
Nov 2000012332.215.66$696
Oct 2000013131.235.15$674
Sep 2000012431.875.19$643
Aug 2000013029.644.54$590
Jul 2000013628.534.09$556
Jun 2000013329.304.40$585
May 2000012227.263.68$449
Apr 2000012324.513.12$383
Mar 2000012128.422.86$346
Feb 2000010627.622.73$289
Jan 2000026925.272.48$667
Dec 1999623424.282.42$713
Nov 1999018423.192.43$448
Oct 1999023420.982.80$656
Sep 1999028321.752.62$741
Aug 1999019119.262.88$549
Jul 1999014317.892.37$339
Jun 1999014515.942.36$343
May 1999014215.792.32$330
Apr 1999013815.102.21$305
Mar 1999014412.471.84$265
Feb 199901459.981.82$264
Jan 1999010110.381.90$192
Dec 199801709.201.77$301
Nov 199808710.892.19$190
Oct 1998014612.421.97$288
Sep 1998014312.592.08$298
Aug 1998014911.301.91$284
Jul 1998016511.742.24$369
Jun 1998016211.242.24$362
May 1998011112.622.21$245
Apr 1998015913.042.51$398
Mar 1998018112.802.31$418
Feb 1998013113.952.30$301
Jan 1998015214.702.15$328
Dec 1997015016.322.41$362
Nov 1997015018.193.09$463
Oct 1997016719.253.15$526
Sep 1997015917.742.95$470
Aug 1997015317.862.55$391
Jul 1997015817.582.25$355
Jun 1997016017.242.26$361
May 1997015818.972.31$365
Apr 1997015017.882.08$312
Mar 1997015618.951.94$303
Feb 1997014320.492.21$315
Jan 1997021323.483.54$754
Dec 1996016123.32$0
Nov 1996017121.97$0
Oct 1996016723.31$0
Sep 1996017622.22$0
Aug 1996017120.26$0
Jul 1996017119.55$0
Jun 1996014318.73$0
May 1996020019.43$0
Apr 1996017121.51$0
Mar 1996019619.38$0
Feb 1996020416.98$0
Jan 19962023217.07$341
Dec 1995021617.19$0
Nov 199508716.00$0
Oct 1995011115.43$0
Sep 199501116.18$0
Aug 199501215.92$0
Jul 199507215.24$0
Jun 1995020116.41$0
May 1995020317.56$0
Apr 1995020117.73$0
Mar 1995021516.44$0
Feb 1995018716.58$0
Jan 1995021315.92$0
Dec 1994022015.03$0
Nov 1994020215.90$0
Oct 1994022315.58$0
Sep 1994020015.29$0
Aug 1994023716.13$0
Jul 1994023017.56$0
Jun 1994022617.09$0
May 1994023515.88$0
Apr 1994022314.14$0
Mar 1994019412.46$0
Feb 1994013612.50$0
Jan 1994020412.66$0
Dec 1993021612.33$0
Nov 1993021714.49$0
Oct 1993022215.85$0
Sep 1993021915.03$0
Aug 1993020915.66$0
Jul 1993023115.46$0
Jun 1993023316.79$0
May 1993023317.68$0
Apr 1993021918.05$0
Mar 19930018.14$0
Feb 1993019617.90$0
Jan 1993021916.93$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.

Aug 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.87 =         $0
Gas                    1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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. 7B/G/115914 is the state's own key, not one this site invented.