RANKIN, RAY

Operated by BAYOU OPERATING COMPANY, INC. (P-5 58851) in the HARDY (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19081District 7BField 39035500NGPA filingOilCasinghead gasSaveExport
Value, all time
$95 k
Jan 1993 – Mar 2025
Value, last 12 filed months
$818
at the published price for each month
Months reported
387
no gaps in the span
Streams
2
oil, casinghead 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 6 leases and 8 wells, and the rule below applies to all of them.

Discovered
1981-10-21
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: EFFECTIVE 01/01/21, FIELD CHANGED FROM ONE WELL TO EXEMPT.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition499 bbl$24,474
Casinghead gasProduction21,682 Mcf$70,941
Total$95,416

4,816 Mcf of this lease's gas, across 48 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 32.0270, -98.9537. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02699, -98.95374 · 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
3,264 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 3,264 ft.

Completions filed
Nov 1982
1 of 1 wells

1 well

42-0493327123,264 ftNov 1982Yes

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 (387)

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

387 months

Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202511074.324.28$818
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202003549.881.98$69
Jan 202003757.252.09$78
Dec 201903159.012.30$71
Nov 201903955.302.75$107
Oct 201904953.472.42$119
Sep 20191064955.052.66$5,966
Aug 201904753.112.30$108
Jul 201905056.272.46$123
Jun 201904952.782.49$122
May 201904858.482.74$132
Apr 201905062.632.75$138
Mar 201905156.803.06$156
Feb 201904250.852.79$117
Jan 201904046.033.23$129
Dec 201803546.594.19$146
Nov 201804552.934.24$191
Oct 201804961.443.40$167
Sep 201805359.543.11$165
Aug 201805759.403.07$175
Jul 201805765.142.93$167
Jun 201805460.183.08$166
May 201805865.382.90$168
Apr 201805263.842.90$151
Mar 201805161.222.79$142
Feb 201804561.782.77$124
Jan 201805062.874.01$200
Dec 201705457.272.92$158
Nov 201705755.423.12$178
Oct 201706149.292.98$182
Sep 201705647.523.09$173
Aug 201705945.373.00$177
Jul 201705943.873.09$182
Jun 201705842.493.09$179
May 201705645.373.26$183
Apr 201705847.933.21$186
Mar 201705946.772.98$176
Feb 201704850.452.95$142
Jan 201705749.413.42$195
Dec 201604548.763.72$168
Nov 201604842.492.64$127
Oct 201605446.193.09$167
Sep 201605341.553.10$164
Aug 201605341.442.92$155
Jul 201605541.622.92$161
Jun 201605345.352.69$142
May 201605142.521.99$102
Apr 201605336.561.99$106
Mar 201605633.011.79$100
Feb 201605326.472.06$109
Jan 201604827.352.36$113
Dec 201505132.362.00$102
Nov 201505638.792.17$121
Oct 201504943.552.43$119
Sep 201505542.992.76$152
Aug 201506540.162.87$187
Jul 201506348.152.95$186
Jun 201506356.152.88$182
May 201506655.212.96$195
Apr 201506449.822.71$173
Mar 201506542.892.93$191
Feb 201505644.662.98$167
Jan 201505643.433.10$174
Dec 201405954.693.59$212
Nov 201406270.464.25$264
Oct 201406778.303.90$261
Sep 201406586.164.05$263
Aug 201406189.394.04$246
Jul 201406296.564.18$259
Jun 201405998.164.74$279
May 201406494.734.73$303
Apr 201406095.944.81$289
Mar 201406395.895.06$319
Feb 201405897.406.19$359
Jan 201405390.404.86$258
Dec 201306991.824.35$300
Nov 201305688.853.74$209
Oct 201306197.423.78$231
Sep 2013059104.113.72$219
Aug 2013067104.253.52$236
Jul 2013060102.523.72$223
Jun 201306594.403.93$256
May 201305994.834.15$245
Apr 201303993.964.28$167
Mar 201302593.623.91$98
Feb 201305491.233.42$185
Jan 201305991.603.42$202
Dec 201206386.773.42$215
Nov 201205486.953.62$196
Oct 201206689.383.40$224
Sep 201205894.672.92$169
Aug 201205892.662.91$169
Jul 201206785.133.02$202
Jun 201205579.822.52$139
May 201205891.612.49$144
Apr 2012060101.652.00$120
Mar 2012053105.052.22$118
Feb 2012049101.102.57$126
Jan 201203398.092.73$90
Dec 201105296.873.24$168
Nov 201105495.723.31$179
Oct 201106384.983.65$230
Sep 201106083.623.99$239
Aug 201105583.404.15$228
Jul 201105894.144.52$262
Jun 201106192.904.64$283
May 201106298.134.40$273
Apr 2011061105.964.33$264
Mar 201106696.364.06$268
Feb 201105785.644.18$238
Jan 201105986.504.59$271
Dec 201006685.734.35$287
Nov 201005780.843.80$216
Oct 201005778.103.51$200
Sep 201005672.633.98$223
Aug 20101656673.684.42$12,449
Jul 201005272.554.74$246
Jun 201007270.364.91$354
May 201007171.124.24$301
Apr 201006681.694.12$272
Mar 201006378.394.39$276
Feb 201005773.585.44$310
Jan 201005474.365.96$322
Dec 200904871.445.48$263
Nov 200905774.593.75$214
Oct 200905272.544.11$214
Sep 200905665.543.06$172
Aug 200905767.423.22$183
Jul 200906661.133.46$229
Jun 200907666.163.90$296
May 200905754.743.93$224
Apr 200906546.773.59$233
Mar 200906842.144.06$276
Feb 200905732.814.63$264
Jan 200905335.865.37$285
Dec 200805937.105.98$353
Nov 200805255.496.86$357
Oct 200807075.246.92$485
Sep 2008064101.767.88$504
Aug 2008083114.228.48$704
Jul 2008050131.0811.39$569
Jun 2008085131.3313.03$1,108
May 2008072123.1711.57$833
Apr 2008058110.3110.45$606
Mar 2008060101.909.66$580
Feb 200805092.538.77$439
Jan 200805690.388.21$460
Dec 200705488.337.30$394
Nov 200705491.677.29$394
Oct 200703482.856.92$235
Sep 200705075.846.24$312
Aug 200704869.066.39$307
Jul 200702770.906.39$172
Jun 200704862.007.55$362
May 200702258.747.85$173
Apr 200704659.617.81$359
Mar 200704656.927.30$336
Feb 200703955.108.22$320
Jan 200704450.306.73$296
Dec 200605056.656.92$346
Nov 200604854.207.62$366
Oct 200605054.906.01$301
Sep 200605060.085.04$252
Aug 200605068.717.34$367
Jul 200605069.376.34$317
Jun 200604666.286.38$294
May 200604766.016.42$302
Apr 200604664.397.36$339
Mar 200604556.707.08$319
Feb 200603857.597.75$295
Jan 200604560.598.93$402
Dec 200504554.9413.42$604
Nov 200504954.6910.59$519
Oct 200505458.3413.80$745
Sep 200504961.4512.08$592
Aug 200505261.519.80$509
Jul 200505455.697.84$424
Jun 200505352.337.38$391
May 200505645.226.65$372
Apr 200505249.207.36$383
Mar 200505050.377.15$358
Feb 200505045.226.31$316
Jan 200505043.166.32$316
Dec 200405339.866.75$358
Nov 200406245.286.33$392
Oct 200405349.706.52$345
Sep 200405443.245.28$285
Aug 200407042.375.55$389
Jul 200406338.286.08$383
Jun 200406236.106.43$399
May 2004665937.486.49$2,857
Apr 200406034.475.86$352
Mar 200404234.365.53$232
Feb 200405332.455.51$292
Jan 200405432.036.30$340
Dec 200305330.266.30$334
Nov 200305328.804.60$244
Oct 200306328.174.76$300
Sep 200306626.314.75$313
Aug 200306729.765.13$344
Jul 200306429.415.17$331
Jun 200305128.565.98$305
May 200306826.595.97$406
Apr 200306526.675.41$351
Mar 200306331.146.10$384
Feb 200305433.487.93$428
Jan 200305430.315.58$301
Dec 200205926.914.85$286
Nov 200206024.664.14$248
Oct 200207526.464.23$317
Sep 200207227.443.64$262
Aug 200206525.963.16$206
Jul 200201224.583.06$37
Jun 200206723.733.34$224
May 200207524.663.58$269
Apr 200207623.653.51$267
Mar 200207522.003.10$233
Feb 200207218.222.38$171
Jan 200207517.172.38$178
Dec 200106116.932.36$144
Nov 200104118.072.41$99
Oct 200106319.782.53$159
Sep 200106524.262.25$146
Aug 200106124.873.05$186
Jul 200107223.933.20$230
Jun 200107524.563.82$287
May 200105025.524.31$215
Apr 200106224.685.34$331
Mar 200105824.545.38$312
Feb 200104827.755.77$277
Jan 200105327.478.40$445
Dec 200004526.889.12$411
Nov 200005232.215.66$294
Oct 200006631.235.15$340
Sep 200007231.875.19$373
Aug 200007429.644.54$336
Jul 200007828.534.09$319
Jun 200007829.304.40$343
May 200007927.263.68$291
Apr 200007424.513.12$231
Mar 200007028.422.86$200
Feb 200007527.622.73$204
Jan 200007825.272.48$193
Dec 199907724.282.42$187
Nov 199908123.192.43$197
Oct 199908520.982.80$238
Sep 199908421.752.62$220
Aug 199908319.262.88$239
Jul 199908517.892.37$202
Jun 199907415.942.36$175
May 199909215.792.32$214
Apr 199909115.102.21$201
Mar 199907412.471.84$136
Feb 19990759.981.82$136
Jan 199909510.381.90$181
Dec 19980889.201.77$156
Nov 199809310.892.19$203
Oct 1998010112.421.97$199
Sep 199809912.592.08$206
Aug 1998010411.301.91$198
Jul 1998010511.742.24$235
Jun 199809611.242.24$215
May 199809812.622.21$216
Apr 199809213.042.51$230
Mar 199808912.802.31$206
Feb 199807713.952.30$177
Jan 199808014.702.15$172
Dec 199708116.322.41$195
Nov 199708718.193.09$269
Oct 199709819.253.15$309
Sep 1997010117.742.95$298
Aug 1997010117.862.55$258
Jul 1997010717.582.25$240
Jun 199709717.242.26$219
May 199709718.972.31$224
Apr 199708317.882.08$173
Mar 199708418.951.94$163
Feb 199707520.492.21$165
Jan 199707523.483.54$265
Dec 1996888323.32$2,052
Nov 199608721.97$0
Oct 199608323.31$0
Sep 199608322.22$0
Aug 1996010020.26$0
Jul 1996010619.55$0
Jun 199608518.73$0
May 1996010219.43$0
Apr 199609921.51$0
Mar 1996010019.38$0
Feb 199608516.98$0
Jan 199609317.07$0
Dec 199509717.19$0
Nov 199508816.00$0
Oct 199509515.43$0
Sep 199509316.18$0
Aug 1995010815.92$0
Jul 1995010615.24$0
Jun 199509616.41$0
May 1995010917.56$0
Apr 1995010317.73$0
Mar 199509816.44$0
Feb 199509616.58$0
Jan 199509515.92$0
Dec 199408815.03$0
Nov 199407015.90$0
Oct 199409815.58$0
Sep 1994010415.29$0
Aug 1994010616.13$0
Jul 199409417.56$0
Jun 1994010217.09$0
May 199409015.88$0
Apr 199409314.14$0
Mar 199409912.46$0
Feb 199408312.50$0
Jan 199409212.66$0
Dec 1993011512.33$0
Nov 199306614.49$0
Oct 1993010515.85$0
Sep 1993012115.03$0
Aug 1993011715.66$0
Jul 1993011015.46$0
Jun 1993010816.79$0
May 1993011617.68$0
Apr 19934721818.05$848
Mar 19931611618.14$290
Feb 1993012117.90$0
Jan 199309416.93$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.

Jan 2025 — as filed, then multipliedworked
Oil                   11 bbl  × $ 74.32 =       $818
Casinghead gas         0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                     $818

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/O/19081 is the state's own key, not one this site invented.