RANSON

Name: RANSON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HOFCO, INC. (P-5 390898) in the WARNER (GARDNER, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24801District 7BField 95272332OilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – Nov 2016

Value, last 12 filed months

at the published price for each month

Months reported

287

no gaps in the span

Streams

oil, casinghead gas

The WARNER (GARDNER, LOWER) field

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 8 leases and 20 wells, and the rule below applies to all of them.

Discovered

1955-06-01

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 20 acres. The field rule took effect on 1987-10-01.

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.

Stream	Basis	Volume	Value
Oil	Disposition	33,317 bbl	$1,101,391
Casinghead gas	Production	24,939 Mcf	$79,205
Total			$1,180,596

7,599 Mcf of this lease's gas, across 28 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 (2)

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 31.8441, -99.5333. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.84412, -99.53327 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

3,550 ft

2 wells filed one

Completion to plug

26.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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 3,150 and 3,950 ft, median 3,550 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1987

1 of 2 wells; 1 filed none

Plug dates filed

Oct 2013 – Nov 2015

2 of 2 wells

Last completion to plug: a median of 26.0 years across the 1 well that filed both dates, with the middle half between 26.0 years and 26.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-08334963	2	3,150 ft	—	Nov 2015	Yes
42-08334859	1	3,950 ft	Oct 1987	Oct 2013	Yes

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 (287)

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

287 months


Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	120	0	98.09	2.73	$11,771
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	159	0	83.40	4.15	$13,261
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	156	0	105.96	4.33	$16,530
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	153	0	86.50	4.59	$13,235
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	169	0	78.10	3.51	$13,199
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	163	0	72.55	4.74	$11,826
Jun 2010	0	0	70.36	4.91	$0
May 2010	157	0	71.12	4.24	$11,166
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	164	0	73.58	5.44	$12,067
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	175	0	74.59	3.75	$13,053
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	165	0	65.54	3.06	$10,814
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	172	0	61.13	3.46	$10,514
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	168	0	46.77	3.59	$7,857
Mar 2009	173	0	42.14	4.06	$7,290
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	171	0	35.86	5.37	$6,132
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	138	0	55.49	6.86	$7,658
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	168	0	101.76	7.88	$17,096
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	153	0	123.17	11.57	$18,845
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	173	0	101.90	9.66	$17,629
Feb 2008	170	0	92.53	8.77	$15,730
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	173	0	88.33	7.30	$15,281
Nov 2007	179	4	91.67	7.29	$16,438
Oct 2007	177	0	82.85	6.92	$14,664
Sep 2007	0	2	75.84	6.24	$12
Aug 2007	177	41	69.06	6.39	$12,486
Jul 2007	0	72	70.90	6.39	$460
Jun 2007	175	70	62.00	7.55	$11,378
May 2007	176	142	58.74	7.85	$11,452
Apr 2007	177	0	59.61	7.81	$10,551
Mar 2007	0	33	56.92	7.30	$241
Feb 2007	178	146	55.10	8.22	$11,007
Jan 2007	180	115	50.30	6.73	$9,828
Dec 2006	0	177	56.65	6.92	$1,225
Nov 2006	168	158	54.20	7.62	$10,309
Oct 2006	334	276	54.90	6.01	$19,996
Sep 2006	177	274	60.08	5.04	$12,014
Aug 2006	173	182	68.71	7.34	$13,223
Jul 2006	0	105	69.37	6.34	$666
Jun 2006	0	70	66.28	6.38	$447
May 2006	171	83	66.01	6.42	$11,821
Apr 2006	169	138	64.39	7.36	$11,898
Mar 2006	0	119	56.70	7.08	$843
Feb 2006	0	70	57.59	7.75	$543
Jan 2006	170	147	60.59	8.93	$11,614
Dec 2005	171	149	54.94	13.42	$11,394
Nov 2005	151	157	54.69	10.59	$9,921
Oct 2005	174	156	58.34	13.80	$12,303
Sep 2005	161	149	61.45	12.08	$11,693
Aug 2005	168	163	61.51	9.80	$11,931
Jul 2005	150	158	55.69	7.84	$9,593
Jun 2005	168	129	52.33	7.38	$9,744
May 2005	0	80	45.22	6.65	$532
Apr 2005	171	184	49.20	7.36	$9,768
Mar 2005	172	202	50.37	7.15	$10,109
Feb 2005	352	199	45.22	6.31	$17,174
Jan 2005	176	239	43.16	6.32	$9,107
Dec 2004	357	276	39.86	6.75	$16,093
Nov 2004	345	275	45.28	6.33	$17,362
Oct 2004	177	144	49.70	6.52	$9,735
Sep 2004	0	75	43.24	5.28	$396
Aug 2004	170	91	42.37	5.55	$7,708
Jul 2004	0	82	38.28	6.08	$499
Jun 2004	154	81	36.10	6.43	$6,080
May 2004	172	92	37.48	6.49	$7,044
Apr 2004	0	93	34.47	5.86	$545
Mar 2004	171	93	34.36	5.53	$6,390
Feb 2004	174	34	32.45	5.51	$5,834
Jan 2004	0	42	32.03	6.30	$265
Dec 2003	173	31	30.26	6.30	$5,430
Nov 2003	176	35	28.80	4.60	$5,230
Oct 2003	0	48	28.17	4.76	$228
Sep 2003	177	48	26.31	4.75	$4,885
Aug 2003	173	56	29.76	5.13	$5,436
Jul 2003	0	52	29.41	5.17	$269
Jun 2003	168	53	28.56	5.98	$5,115
May 2003	173	59	26.59	5.97	$4,952
Apr 2003	171	62	26.67	5.41	$4,896
Mar 2003	167	60	31.14	6.10	$5,566
Feb 2003	0	114	33.48	7.93	$904
Jan 2003	176	105	30.31	5.58	$5,921
Dec 2002	164	55	26.91	4.85	$4,680
Nov 2002	175	81	24.66	4.14	$4,651
Oct 2002	173	73	26.46	4.23	$4,886
Sep 2002	172	76	27.44	3.64	$4,996
Aug 2002	156	72	25.96	3.16	$4,278
Jul 2002	177	68	24.58	3.06	$4,559
Jun 2002	156	71	23.73	3.34	$3,939
May 2002	340	74	24.66	3.58	$8,650
Apr 2002	178	69	23.65	3.51	$4,452
Mar 2002	173	71	22.00	3.10	$4,026
Feb 2002	175	62	18.22	2.38	$3,336
Jan 2002	171	73	17.17	2.38	$3,109
Dec 2001	332	70	16.93	2.36	$5,786
Nov 2001	174	69	18.07	2.41	$3,310
Oct 2001	330	77	19.78	2.53	$6,722
Sep 2001	167	83	24.26	2.25	$4,238
Aug 2001	171	233	24.87	3.05	$4,964
Jul 2001	344	176	23.93	3.20	$8,795
Jun 2001	171	103	24.56	3.82	$4,594
May 2001	171	89	25.52	4.31	$4,747
Apr 2001	345	97	24.68	5.34	$9,032
Mar 2001	159	90	24.54	5.38	$4,386
Feb 2001	347	92	27.75	5.77	$10,160
Jan 2001	177	99	27.47	8.40	$5,694
Dec 2000	354	91	26.88	9.12	$10,346
Nov 2000	174	94	32.21	5.66	$6,136
Oct 2000	346	117	31.23	5.15	$11,408
Sep 2000	166	102	31.87	5.19	$5,819
Aug 2000	347	107	29.64	4.54	$10,771
Jul 2000	175	127	28.53	4.09	$5,512
Jun 2000	173	104	29.30	4.40	$5,526
May 2000	343	173	27.26	3.68	$9,987
Apr 2000	174	322	24.51	3.12	$5,268
Mar 2000	354	157	28.42	2.86	$10,510
Feb 2000	357	121	27.62	2.73	$10,190
Jan 2000	173	55	25.27	2.48	$4,508
Dec 1999	347	22	24.28	2.42	$8,478
Nov 1999	175	24	23.19	2.43	$4,117
Oct 1999	0	18	20.98	2.80	$50
Sep 1999	151	4	21.75	2.62	$3,295
Aug 1999	175	27	19.26	2.88	$3,448
Jul 1999	175	37	17.89	2.37	$3,219
Jun 1999	173	43	15.94	2.36	$2,859
May 1999	174	56	15.79	2.32	$2,877
Apr 1999	356	32	15.10	2.21	$5,446
Mar 1999	0	22	12.47	1.84	$40
Feb 1999	179	31	9.98	1.82	$1,843
Jan 1999	358	48	10.38	1.90	$3,807
Dec 1998	0	46	9.20	1.77	$82
Nov 1998	176	54	10.89	2.19	$2,035
Oct 1998	186	45	12.42	1.97	$2,399
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	345	136	11.74	2.24	$4,355
Jun 1998	180	164	11.24	2.24	$2,390
May 1998	177	281	12.62	2.21	$2,854
Apr 1998	173	269	13.04	2.51	$2,930
Mar 1998	352	352	12.80	2.31	$5,319
Feb 1998	163	332	13.95	2.30	$3,037
Jan 1998	343	364	14.70	2.15	$5,826
Dec 1997	357	360	16.32	2.41	$6,694
Nov 1997	339	359	18.19	3.09	$7,275
Oct 1997	357	373	19.25	3.15	$8,047
Sep 1997	179	362	17.74	2.95	$4,245
Aug 1997	322	434	17.86	2.55	$6,860
Jul 1997	356	474	17.58	2.25	$7,324
Jun 1997	358	460	17.24	2.26	$7,210
May 1997	539	470	18.97	2.31	$11,310
Apr 1997	184	426	17.88	2.08	$4,177
Mar 1997	345	408	18.95	1.94	$7,329
Feb 1997	182	207	20.49	2.21	$4,186
Jan 1997	357	417	23.48	3.54	$9,858
Dec 1996	535	435	23.32	—	$12,476
Nov 1996	182	413	21.97	—	$3,999
Oct 1996	516	481	23.31	—	$12,028
Sep 1996	502	530	22.22	—	$11,154
Aug 1996	321	915	20.26	—	$6,503
Jul 1996	357	649	19.55	—	$6,979
Jun 1996	549	2	18.73	—	$10,283
May 1996	381	0	19.43	—	$7,403
Apr 1996	350	0	21.51	—	$7,529
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	140	0	17.73	—	$2,482
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	166	0	15.58	—	$2,586
Sep 1994	0	5	15.29	—	$0
Aug 1994	0	29	16.13	—	$0
Jul 1994	0	123	17.56	—	$0
Jun 1994	160	206	17.09	—	$2,734
May 1994	0	212	15.88	—	$0
Apr 1994	170	252	14.14	—	$2,404
Mar 1994	0	265	12.46	—	$0
Feb 1994	170	233	12.50	—	$2,125
Jan 1994	0	270	12.66	—	$0
Dec 1993	168	257	12.33	—	$2,071
Nov 1993	0	24	14.49	—	$0
Oct 1993	0	1	15.85	—	$0
Sep 1993	178	79	15.03	—	$2,675
Aug 1993	0	281	15.66	—	$0
Jul 1993	174	282	15.46	—	$2,690
Jun 1993	0	293	16.79	—	$0
May 1993	170	294	17.68	—	$3,006
Apr 1993	177	259	18.05	—	$3,195
Mar 1993	0	282	18.14	—	$0
Feb 1993	0	248	17.90	—	$0
Jan 1993	175	279	16.93	—	$2,963

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 2012 — as filed, then multipliedworked

Oil                  120 bbl  × $ 98.09 =    $11,771
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                  $11,771

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/24801 is the state's own key, not one this site invented.