RAYMOND

Operated by MCCLYMOND, LTD. (P-5 541455) in the BLOOMQUIST (LAKE SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24767District 7BField 09689500OilCasinghead gasSaveExport
Value, all time
$244 k
Jan 1993 – Mar 2003
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
123
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 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
OilDisposition4,080 bbl$70,759
Casinghead gasProduction198,160 Mcf$172,752
Total$243,511

138,503 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 (3)

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 32.5327, -99.0792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

32.53355, -99.08226 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,135 ft
3 wells filed one
Completion to plug
21.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 4,121 and 4,300 ft, median 4,135 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1986 – Feb 1991
3 of 3 wells
Plug dates filed
Jan 2009 – May 2012
3 of 3 wells

Last completion to plug: a median of 21.3 years across the 3 wells that filed both dates, with the middle half between 19.7 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4293526634,135 ftFeb 1991Jan 2009Yes
42-4293525924,121 ftJan 1991May 2012Yes
42-4293477414,300 ftOct 1986Jan 2009Yes

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 (123)

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

123 months

Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002156024.663.58$3,847
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001068325.524.31$2,942
Apr 2001068324.685.34$3,644
Mar 200117170624.545.38$7,992
Feb 2001064727.755.77$3,731
Jan 2001072427.478.40$6,081
Dec 2000072226.889.12$6,586
Nov 2000075032.215.66$4,244
Oct 2000075131.235.15$3,864
Sep 2000069631.875.19$3,610
Aug 2000075129.644.54$3,410
Jul 2000074628.534.09$3,051
Jun 2000076429.304.40$3,360
May 2000080127.263.68$2,947
Apr 200017878424.513.12$6,806
Mar 2000081028.422.86$2,316
Feb 2000077127.622.73$2,102
Jan 2000075925.272.48$1,883
Dec 1999083624.282.42$2,026
Nov 1999080123.192.43$1,950
Oct 1999094720.982.80$2,655
Sep 1999082521.752.62$2,161
Aug 1999098519.262.88$2,832
Jul 19991611,04517.892.37$5,359
Jun 199917097015.942.36$5,001
May 1999095515.792.32$2,217
Apr 1999092315.102.21$2,038
Mar 199901,31512.471.84$2,417
Feb 199901,1669.981.82$2,120
Jan 1999058110.381.90$1,104
Dec 199808019.201.77$1,420
Nov 1998073910.892.19$1,615
Oct 1998081712.421.97$1,609
Sep 1998078912.592.08$1,643
Aug 199812584311.301.91$3,020
Jul 1998088711.742.24$1,984
Jun 1998072611.242.24$1,624
May 199801,18112.622.21$2,606
Apr 199801,82813.042.51$4,580
Mar 199801,85812.802.31$4,291
Feb 199801,71513.952.30$3,943
Jan 19981771,85414.702.15$6,597
Dec 199701,90616.322.41$4,596
Nov 199701,86118.193.09$5,747
Oct 199701,93919.253.15$6,108
Sep 199701,81817.742.95$5,372
Aug 199701,72917.862.55$4,417
Jul 199701,96017.582.25$4,404
Jun 199702,22517.242.26$5,022
May 199702,03218.972.31$4,691
Apr 19971741,62117.882.08$6,487
Mar 199701,64718.951.94$3,194
Feb 199701,46620.492.21$3,234
Jan 199701,51823.483.54$5,373
Dec 199602,08923.32$0
Nov 199601,72721.97$0
Oct 199602,06823.31$0
Sep 199602,01622.22$0
Aug 199602,06820.26$0
Jul 199602,10919.55$0
Jun 199602,07218.73$0
May 19961721,77519.43$3,342
Apr 19961782,30121.51$3,829
Mar 199602,46519.38$0
Feb 199602,09316.98$0
Jan 199602,22117.07$0
Dec 19951692,10817.19$2,905
Nov 199502,04416.00$0
Oct 199502,05815.43$0
Sep 19951732,05816.18$2,799
Aug 199502,34615.92$0
Jul 199502,72315.24$0
Jun 199502,75216.41$0
May 199502,40117.56$0
Apr 19951692,30317.73$2,996
Mar 199502,81916.44$0
Feb 199502,59116.58$0
Jan 199502,89115.92$0
Dec 199402,88215.03$0
Nov 19941782,90115.90$2,830
Oct 199402,89615.58$0
Sep 199402,69515.29$0
Aug 19941652,58416.13$2,661
Jul 199402,39417.56$0
Jun 199403,27617.09$0
May 199403,16115.88$0
Apr 199403,05114.14$0
Mar 19943412,63812.46$4,249
Feb 199403,21612.50$0
Jan 199403,52512.66$0
Dec 199304,24512.33$0
Nov 19931723,81514.49$2,492
Oct 19931704,91615.85$2,695
Sep 19931744,12215.03$2,615
Aug 199304,35615.66$0
Jul 19931784,71515.46$2,752
Jun 199304,61416.79$0
May 19931794,71817.68$3,165
Apr 199303,94918.05$0
Mar 19931733,29518.14$3,138
Feb 19931772,76917.90$3,168
Jan 199303,67216.93$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
Oil                  156 bbl  × $ 24.66 =     $3,847
Casinghead gas         0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                   $3,847

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/24767 is the state's own key, not one this site invented.