RANCH HOUSE

Operated by RANGER OPERATING CO. (P-5 691776) in the PALO PINTO CO. REG. (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 185507District 7BField 68707333CondensateGasSaveExport
Value, all time
$211 k
Oct 2001 – Oct 2008
Value, last 12 filed months
$142
at the published price for each month
Months reported
85
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 710 leases and 710 wells, and the rule below applies to all of them.

Discovered
1957-10-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition1 bbl$131
GasProduction38,322 Mcf$211,366
Total$211,497

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 32.9708, -98.3942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.97083, -98.39418 · 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
1,850 ft
1 wells filed one
Completion to plug
7.0 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 1,850 ft.

Completions filed
Oct 2001
1 of 1 wells
Plug dates filed
Oct 2008
1 of 1 wells

Last completion to plug: a median of 7.0 years across the 1 well that filed both dates, with the middle half between 7.0 years and 7.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36334932711,850 ftOct 2001Oct 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 (85)

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

85 months

Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200811131.0811.39$142
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 2007040956.927.30$2,987
Feb 2007042355.108.22$3,475
Jan 2007044050.306.73$2,960
Dec 2006046256.656.92$3,196
Nov 2006043554.207.62$3,314
Oct 2006046254.906.01$2,778
Sep 2006046460.085.04$2,337
Aug 2006050068.717.34$3,670
Jul 2006051369.376.34$3,254
Jun 2006047966.286.38$3,058
May 2006051566.016.42$3,309
Apr 2006049964.397.36$3,673
Mar 2006047856.707.08$3,386
Feb 2006044057.597.75$3,410
Jan 2006048460.598.93$4,324
Dec 2005048354.9413.42$6,480
Nov 2005047554.6910.59$5,029
Oct 2005045958.3413.80$6,332
Sep 2005048361.4512.08$5,834
Aug 2005055361.519.80$5,418
Jul 2005051355.697.84$4,024
Jun 2005049152.337.38$3,624
May 2005049745.226.65$3,306
Apr 2005044949.207.36$3,305
Mar 2005047950.377.15$3,427
Feb 2005046245.226.31$2,916
Jan 2005049143.166.32$3,104
Dec 2004055639.866.75$3,754
Nov 2004048945.286.33$3,096
Oct 2004051949.706.52$3,381
Sep 2004048143.245.28$2,542
Aug 2004052642.375.55$2,920
Jul 2004052738.286.08$3,206
Jun 2004051836.106.43$3,332
May 2004053937.486.49$3,501
Apr 2004040134.475.86$2,349
Mar 2004042734.365.53$2,361
Feb 2004039332.455.51$2,165
Jan 2004046132.036.30$2,904
Dec 2003047430.266.30$2,987
Nov 2003047628.804.60$2,187
Oct 2003049028.174.76$2,332
Sep 2003050626.314.75$2,403
Aug 2003052229.765.13$2,678
Jul 2003050029.415.17$2,585
Jun 2003050228.565.98$3,003
May 2003049226.595.97$2,939
Apr 2003049026.675.41$2,650
Mar 2003054431.146.10$3,316
Feb 2003050733.487.93$4,018
Jan 2003054930.315.58$3,065
Dec 2002054526.914.85$2,645
Nov 2002052624.664.14$2,176
Oct 2002056226.464.23$2,377
Sep 2002054827.443.64$1,992
Aug 2002054025.963.16$1,709
Jul 2002054124.583.06$1,656
Jun 2002051823.733.34$1,729
May 2002054524.663.58$1,953
Apr 2002062623.653.51$2,199
Mar 2002073922.003.10$2,293
Feb 2002078618.222.38$1,867
Jan 200201,47817.172.38$3,511
Dec 200101,98316.932.36$4,689
Nov 200102,38818.072.41$5,744
Oct 200101,26919.782.53$3,209

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.

Jul 2008 — as filed, then multipliedworked
Condensate             1 bbl  × $131.08 =       $131
Gas                    1 Mcf  × $ 11.39 =        $11

────────────────────────────────────────────────────
Month total                                     $142

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/185507 is the state's own key, not one this site invented.