RANKIN, S. L.

Operated by TORCH OPERATING LLC (P-5 862620) in the SIPE SPRINGS (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 18305District 7BField 83788333GasSaveExport
Value, all time
$88 k
Jan 1993 – Mar 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
303
no gaps in the span
Streams
1
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 59 leases and 59 wells, and the rule below applies to all of them.

Discovered
1921-03-09
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The Commission's schedule remark for this field reads: RULES RESCINDED PER ORD NO 7B-92656 EFFECTIVE 3/13/89.

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
GasProduction56,365 Mcf$87,527
Total$87,527

27,756 Mcf of this lease's gas, across 45 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 32.0712, -98.9327. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07120, -98.93268 · 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
3,013 ft
1 wells filed one
Completion to plug
57.7 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 3,013 ft.

Completions filed
Jul 1960
1 of 1 wells
Plug dates filed
Mar 2018
1 of 1 wells

Last completion to plug: a median of 57.7 years across the 1 well that filed both dates, with the middle half between 57.7 years and 57.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0490100413,013 ftJul 1960Mar 2018Yes

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 (303)

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

303 months

Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 20021524.663.58$54
Apr 200227523.653.51$966
Mar 20025922.003.10$183
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001619.782.53$15
Sep 20017424.262.25$167
Aug 20018824.873.05$269
Jul 200126923.933.20$860
Jun 200126824.563.82$1,025
May 200138325.524.31$1,650
Apr 200139524.685.34$2,107
Mar 200139124.545.38$2,102
Feb 200136827.755.77$2,122
Jan 200159527.478.40$4,997
Dec 200067926.889.12$6,194
Nov 200063432.215.66$3,587
Oct 200014731.235.15$756
Sep 20007331.875.19$379
Aug 200026929.644.54$1,221
Jul 200043528.534.09$1,779
Jun 200030429.304.40$1,337
May 200055727.263.68$2,050
Apr 200054524.513.12$1,698
Mar 200057328.422.86$1,639
Feb 200046527.622.73$1,268
Jan 200064625.272.48$1,602
Dec 199914024.282.42$339
Nov 199950623.192.43$1,232
Oct 199961020.982.80$1,710
Sep 199959521.752.62$1,558
Aug 199962019.262.88$1,783
Jul 199911917.892.37$282
Jun 199951715.942.36$1,221
May 199952815.792.32$1,226
Apr 199951815.102.21$1,144
Mar 199955712.471.84$1,024
Feb 19995019.981.82$911
Jan 199955510.381.90$1,054
Dec 19985669.201.77$1,004
Nov 199857010.892.19$1,246
Oct 199865412.421.97$1,288
Sep 199888712.592.08$1,847
Aug 199819111.301.91$364
Jul 199824311.742.24$544
Jun 199860611.242.24$1,356
May 199861912.622.21$1,366
Apr 199860413.042.51$1,513
Mar 199860212.802.31$1,390
Feb 199854613.952.30$1,255
Jan 199860614.702.15$1,306
Dec 199760516.322.41$1,459
Nov 199761718.193.09$1,905
Oct 199762319.253.15$1,962
Sep 199762517.742.95$1,847
Aug 199764217.862.55$1,640
Jul 199765217.582.25$1,465
Jun 199765417.242.26$1,476
May 199772618.972.31$1,676
Apr 199759217.882.08$1,233
Mar 199766418.951.94$1,288
Feb 199759220.492.21$1,306
Jan 199764423.483.54$2,280
Dec 199669323.32$0
Nov 199665921.97$0
Oct 199667223.31$0
Sep 199666322.22$0
Aug 199670620.26$0
Jul 199672619.55$0
Jun 199670818.73$0
May 199674119.43$0
Apr 199670821.51$0
Mar 199672719.38$0
Feb 199670416.98$0
Jan 199671117.07$0
Dec 199565417.19$0
Nov 199565216.00$0
Oct 199568015.43$0
Sep 199566016.18$0
Aug 199567315.92$0
Jul 199561715.24$0
Jun 199563016.41$0
May 199569917.56$0
Apr 199559617.73$0
Mar 199565116.44$0
Feb 199561816.58$0
Jan 199566815.92$0
Dec 199469615.03$0
Nov 199469015.90$0
Oct 199445615.58$0
Sep 1994015.29$0
Aug 19945916.13$0
Jul 1994617.56$0
Jun 19943917.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 199439112.46$0
Feb 199451112.50$0
Jan 199458212.66$0
Dec 199358412.33$0
Nov 199356614.49$0
Oct 199358815.85$0
Sep 199357215.03$0
Aug 199358215.66$0
Jul 199363015.46$0
Jun 199348816.79$0
May 199369317.68$0
Apr 199385218.05$0
Mar 199389818.14$0
Feb 199378717.90$0
Jan 199387016.93$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.

May 2002 — as filed, then multipliedworked
Gas                   15 Mcf  × $  3.58 =        $54

────────────────────────────────────────────────────
Month total                                      $54

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/18305 is the state's own key, not one this site invented.