RUBY 50

Operated by CLEAR FORK, INCORPORATED (P-5 159500) in the E 115 (MISS. CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260484District 7BField 27054500CondensateGasSaveExport
Value, all time
$22 k
Mar 2011 – Feb 2013
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
24
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 15 leases and 17 wells, and the rule below applies to all of them.

Discovered
1997-02-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-06-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2000.

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
CondensateDisposition13 bbl$1,087
GasProduction5,956 Mcf$20,575
Total$21,662

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 32.6915, -99.3080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.69148, -99.30804 · 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
0.0%
0 of 1 wells
Median depth
4,580 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 4,580 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-4173810214,580 ftFeb 2013Yes

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 (24)

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

24 months

Feb 20130091.233.42$0
Jan 201301391.603.42$44
Dec 2012011686.773.42$397
Nov 2012029186.953.62$1,055
Oct 2012030789.383.40$1,044
Sep 2012030294.672.92$881
Aug 2012032892.662.91$954
Jul 2012014585.133.02$438
Jun 2012010279.822.52$257
May 2012018791.612.49$465
Apr 20120228101.652.00$455
Mar 20120279105.052.22$620
Feb 20120229101.102.57$589
Jan 2012028498.092.73$776
Dec 2011033396.873.24$1,079
Nov 2011033295.723.31$1,099
Oct 2011035184.983.65$1,281
Sep 20111334083.623.99$2,442
Aug 2011033483.404.15$1,386
Jul 2011034294.144.52$1,545
Jun 2011034492.904.64$1,596
May 2011018798.134.40$824
Apr 20110267105.964.33$1,157
Mar 2011031596.364.06$1,278

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.

Jan 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.60 =         $0
Gas                   13 Mcf  × $  3.42 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/260484 is the state's own key, not one this site invented.