RAYMOND

Operated by PETEX (P-5 659782) in the BLOOMQUIST (LAKE SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172582District 7BField 09689500CondensateGasSaveExport
Value, all time
$245 k
Apr 1999 – May 2012
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
158
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 25 leases and 34 wells, and the rule below applies to all of them.

Discovered
1951-10-23
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 1990-07-09.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2006.

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
CondensateDisposition242 bbl$10,455
GasProduction45,456 Mcf$234,212
Total$244,667

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 32.5310, -99.0923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53096, -99.09226 · 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
4,121 ft
1 wells filed one
Completion to plug
21.3 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 4,121 ft.

Completions filed
Jan 1991
1 of 1 wells
Plug dates filed
May 2012
1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293525924,121 ftJan 1991May 2012Yes

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 (158)

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

158 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201204101.102.57$10
Jan 2012012798.092.73$347
Dec 2011016396.873.24$528
Nov 2011014195.723.31$467
Oct 2011012484.983.65$452
Sep 201109483.623.99$375
Aug 2011054783.404.15$2,270
Jul 20110094.144.52$0
Jun 20110892.904.64$37
May 201102698.134.40$115
Apr 2011028105.964.33$121
Mar 201103196.364.06$126
Feb 201102585.644.18$105
Jan 201108986.504.59$408
Dec 2010011885.734.35$513
Nov 2010017080.843.80$645
Oct 201005878.103.51$204
Sep 201003972.633.98$155
Aug 201003573.684.42$155
Jul 201003972.554.74$185
Jun 201002370.364.91$113
May 201003471.124.24$144
Apr 201002781.694.12$111
Mar 201001778.394.39$75
Feb 201003373.585.44$180
Jan 201007374.365.96$435
Dec 2009014371.445.48$784
Nov 200904674.593.75$173
Oct 200905372.544.11$218
Sep 200901765.543.06$52
Aug 200907067.423.22$225
Jul 20090061.133.46$0
Jun 200901966.163.90$74
May 2009030054.743.93$1,178
Apr 2009037746.773.59$1,352
Mar 2009031042.144.06$1,258
Feb 2009023432.814.63$1,084
Jan 2009457535.865.37$2,017
Dec 200804037.105.98$239
Nov 200803055.496.86$206
Oct 200802075.246.92$138
Sep 2008037101.767.88$291
Aug 2008094114.228.48$797
Jul 20080383131.0811.39$4,362
Jun 20080152131.3313.03$1,981
May 2008096123.1711.57$1,111
Apr 20080289110.3110.45$3,021
Mar 2008023101.909.66$222
Feb 2008023192.538.77$2,026
Jan 2008022090.388.21$1,805
Dec 200708788.337.30$635
Nov 2007021791.677.29$1,582
Oct 2007024182.856.92$1,668
Sep 2007020175.846.24$1,255
Aug 2007015869.066.39$1,009
Jul 20077117370.906.39$6,139
Jun 2007017662.007.55$1,329
May 2007020958.747.85$1,640
Apr 200704759.617.81$367
Mar 20070256.927.30$15
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200601454.207.62$107
Oct 2006019454.906.01$1,167
Sep 2006026160.085.04$1,315
Aug 2006020168.717.34$1,475
Jul 2006035369.376.34$2,239
Jun 2006032666.286.38$2,081
May 2006031966.016.42$2,050
Apr 2006033564.397.36$2,466
Mar 2006030356.707.08$2,146
Feb 2006025857.597.75$2,000
Jan 200603160.598.93$277
Dec 2005024754.9413.42$3,314
Nov 2005024654.6910.59$2,605
Oct 2005028358.3413.80$3,904
Sep 2005023261.4512.08$2,802
Aug 2005030961.519.80$3,027
Jul 2005033955.697.84$2,659
Jun 2005030252.337.38$2,229
May 2005032645.226.65$2,168
Apr 2005033449.207.36$2,458
Mar 2005037750.377.15$2,697
Feb 2005033945.226.31$2,140
Jan 2005019243.166.32$1,214
Dec 200409439.866.75$635
Nov 2004014845.286.33$937
Oct 2004018149.706.52$1,179
Sep 2004023543.245.28$1,242
Aug 2004051242.375.55$2,842
Jul 2004052738.286.08$3,206
Jun 2004046536.106.43$2,991
May 2004035337.486.49$2,293
Apr 2004049934.475.86$2,923
Mar 2004046734.365.53$2,583
Feb 2004044032.455.51$2,424
Jan 2004053132.036.30$3,345
Dec 2003050430.266.30$3,176
Nov 2003043428.804.60$1,994
Oct 2003049428.174.76$2,351
Sep 2003047326.314.75$2,246
Aug 2003048129.765.13$2,467
Jul 20036740029.415.17$4,039
Jun 2003035628.565.98$2,130
May 2003056426.595.97$3,369
Apr 2003054426.675.41$2,942
Mar 20035957731.146.10$5,355
Feb 2003051533.487.93$4,082
Jan 2003043030.315.58$2,400
Dec 2002057326.914.85$2,781
Nov 2002057624.664.14$2,383
Oct 2002037626.464.23$1,590
Sep 2002047227.443.64$1,716
Aug 2002060725.963.16$1,921
Jul 2002057424.583.06$1,757
Jun 2002057223.733.34$1,909
May 2002064824.663.58$2,322
Apr 2002063623.653.51$2,234
Mar 2002060922.003.10$1,890
Feb 2002051318.222.38$1,219
Jan 2002061517.172.38$1,461
Dec 2001062316.932.36$1,473
Nov 2001058418.072.41$1,405
Oct 2001018019.782.53$455
Sep 2001022124.262.25$498
Aug 2001015924.873.05$485
Jul 2001052723.933.20$1,685
Jun 2001064324.563.82$2,459
May 2001051525.524.31$2,218
Apr 2001072624.685.34$3,873
Mar 2001077024.545.38$4,140
Feb 2001035827.755.77$2,065
Jan 2001019827.478.40$1,663
Dec 2000064426.889.12$5,875
Nov 2000069232.215.66$3,915
Oct 2000064331.235.15$3,309
Sep 2000068631.875.19$3,558
Aug 2000054429.644.54$2,470
Jul 2000064328.534.09$2,630
Jun 2000034329.304.40$1,508
May 2000066327.263.68$2,440
Apr 2000060324.513.12$1,879
Mar 2000046628.422.86$1,333
Feb 2000020227.622.73$551
Jan 2000014125.272.48$350
Dec 1999049524.282.42$1,200
Nov 1999056023.192.43$1,363
Oct 1999047820.982.80$1,340
Sep 1999024921.752.62$652
Aug 199903019.262.88$86
Jul 199908017.892.37$190
Jun 1999047215.942.36$1,115
May 1999071115.792.32$1,650
Apr 1999064815.102.21$1,431

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.

Feb 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $101.10 =         $0
Gas                    4 Mcf  × $  2.57 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/172582 is the state's own key, not one this site invented.