BARNETT HEIRS

Operated by RAYCO OPERATING, INC. (P-5 695568) in the NOVICE, NORTH (GRAY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27729District 7BField 66255333OilCasinghead gasSave
Value, all time
$1.5 M
Sep 1995 – Feb 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
306
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition51,326 bbl$1,141,638
Casinghead gasProduction154,616 Mcf$374,003
Total$1,515,641

28,096 Mcf of this lease's gas, across 11 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 31.9907, -99.6123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.99069, -99.61229 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,769 ft
2 wells filed one
Completion to plug
16.1 years
median over 2 wells

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 3,745 and 3,792 ft, median 3,769 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1995 – Jul 1997
2 of 2 wells
Plug dates filed
Jul 2004 – Nov 2020
2 of 2 wells

Last completion to plug: a median of 16.1 years across the 2 wells that filed both dates, with the middle half between 12.5 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0833530023,745 ftJul 1997Nov 2020Yes
42-0833544013,792 ftSep 1995Jul 2004Yes

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 (306)

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

306 months

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 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201261091.612.49$5,588
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081760101.909.66$17,934
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 2007178058.747.85$10,456
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007175050.306.73$8,803
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006177054.906.01$9,717
Sep 20060060.085.04$0
Aug 2006173068.717.34$11,887
Jul 20060069.376.34$0
Jun 2006172066.286.38$11,400
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006174056.707.08$9,866
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005175054.6910.59$9,571
Oct 2005175058.3413.80$10,210
Sep 2005173061.4512.08$10,631
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005173049.207.36$8,512
Mar 20050050.377.15$0
Feb 2005175045.226.31$7,914
Jan 20050043.166.32$0
Dec 2004176039.866.75$7,015
Nov 2004145045.286.33$6,566
Oct 20040049.706.52$0
Sep 2004181043.245.28$7,826
Aug 2004173042.375.55$7,330
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004351037.486.49$13,155
Apr 20040034.475.86$0
Mar 2004177034.365.53$6,082
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003165028.804.60$4,752
Oct 2003179028.174.76$5,042
Sep 20030026.314.75$0
Aug 2003178029.765.13$5,297
Jul 2003181029.415.17$5,323
Jun 20030028.565.98$0
May 2003163026.595.97$4,334
Apr 2003141026.675.41$3,760
Mar 2003151031.146.10$4,702
Feb 2003154033.487.93$5,156
Jan 2003165030.315.58$5,001
Dec 2002175026.914.85$4,709
Nov 2002359024.664.14$8,853
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002125025.963.16$3,245
Jul 2002163024.583.06$4,007
Jun 2002166023.733.34$3,939
May 2002174024.663.58$4,291
Apr 2002170023.653.51$4,021
Mar 2002183022.003.10$4,026
Feb 2002356018.222.38$6,486
Jan 20020017.172.38$0
Dec 2001534016.932.36$9,041
Nov 2001165018.072.41$2,982
Oct 2001234019.782.53$4,629
Sep 2001531024.262.25$12,882
Aug 2001352024.873.05$8,754
Jul 2001709023.933.20$16,966
Jun 2001352024.563.82$8,645
May 20017021,45325.524.31$24,174
Apr 20013381,52424.685.34$16,473
Mar 20011,0361,54224.545.38$33,714
Feb 20013561,51027.755.77$18,587
Jan 20015261,25527.478.40$24,990
Dec 20006741,83526.889.12$34,857
Nov 20008712,11032.215.66$39,993
Oct 20003532,04031.235.15$21,521
Sep 20006842,13631.875.19$32,877
Aug 2000532029.644.54$15,768
Jul 20001,0422,49228.534.09$39,920
Jun 20006892,44829.304.40$30,952
May 20003511,88127.263.68$16,490
Apr 20008752,31724.513.12$28,666
Mar 20007002,40928.422.86$26,783
Feb 20008712,08727.622.73$29,747
Jan 20006991,55025.272.48$21,509
Dec 19998942,37524.282.42$27,463
Nov 19991,2352,30223.192.43$34,243
Oct 19996992,27120.982.80$21,032
Sep 19997022,17621.752.62$20,967
Aug 19996982,48819.262.88$20,598
Jul 19998712,58217.892.37$21,708
Jun 19991,1932,48815.942.36$24,893
May 19991,0602,56115.792.32$22,682
Apr 19997042,46215.102.21$16,067
Mar 19991,2292,80012.471.84$20,473
Feb 19991,0392,2689.981.82$14,492
Jan 19996942,65510.381.90$12,248
Dec 19987012,6819.201.77$11,203
Nov 19981,2192,46210.892.19$18,656
Oct 19988872,81112.421.97$16,552
Sep 19985282,89512.592.08$12,677
Aug 19987112,98111.301.91$13,720
Jul 19986782,88411.742.24$14,412
Jun 19985283,07211.242.24$12,808
May 19988813,13412.622.21$18,033
Apr 19987171,82013.042.51$13,909
Mar 19986922,90312.802.31$15,562
Feb 19987133,54213.952.30$18,090
Jan 19987084,01114.702.15$19,050
Dec 19977123,77816.322.41$20,729
Nov 19978983,91318.193.09$28,419
Oct 19975304,55219.253.15$24,540
Sep 19973511,73217.742.95$11,345
Aug 19971761,90117.862.55$8,000
Jul 19975192,04417.582.25$13,717
Jun 19973542,14317.242.26$10,940
May 19977002,43618.972.31$18,903
Apr 19973471,11817.882.08$8,533
Mar 19971601,24118.951.94$5,438
Feb 19971741,33120.492.21$6,501
Jan 19971775,11823.483.54$22,272
Dec 19963456,06723.32$8,045
Nov 19963395,76221.97$7,448
Oct 19963494,65323.31$8,135
Sep 19963511,58122.22$7,799
Aug 19965181,68720.26$10,495
Jul 19966871,73119.55$13,431
Jun 19965162,38718.73$9,665
May 19963471,65319.43$6,742
Apr 19963391,37121.51$7,292
Mar 19963491,14519.38$6,764
Feb 19963505916.98$5,943
Jan 1996351017.07$5,992
Dec 1995361017.19$6,206
Nov 19950016.00$0
Oct 1995161015.43$2,484
Sep 19950016.18$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 2012 — as filed, then multipliedworked
Oil                   61 bbl  × $ 91.61 =     $5,588
Casinghead gas         0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $5,588

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/27729 is the state's own key, not one this site invented.