LONG RANCH

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) in the STRAWN, NW. (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27887District 7BField 86577200OilCasinghead gasSave
Value, all time
$15.7 M
Jul 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
359
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
OilDisposition584,125 bbl$9,716,072
Casinghead gasProduction1,964,408 Mcf$5,964,766
Total$15,680,839

70,438 Mcf of this lease's gas, across 6 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 (16)

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 32.6135, -98.4234. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

32.61277, -98.42473 · 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
81.3%
13 of 16 wells
With a plug date
62.5%
10 of 16 wells
Median depth
3,714 ft
16 wells filed one
Completion to plug
21.9 years
median over 10 wells

What the state filed about each well

On the RRC proration schedule
1381.3%
A plug date is filed
1062.5%
BothOn the schedule and plugged. Neither fact cancels the other.
1062.5%
NeitherNo plug date, and not on the schedule.
318.8%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 16 of 16 wells. Median 3,714 ft, with the middle half between 3,657 and 3,874 ft; the shallowest is 3,582 ft and the deepest 5,852 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

90s
00s
10s
20s

Last completion by decade, 16 of 16 wells, Feb 1997 – Oct 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1997 – Oct 2024
16 of 16 wells
Plug dates filed
Apr 2023 – Jul 2024
10 of 16 wells; 6 filed none

Last completion to plug: a median of 21.9 years across the 10 wells that filed both dates, with the middle half between 15.9 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.

16 wells

42-36334690243,724 ftOct 2024
42-36334583173,600 ftJul 2019Jun 2023Yes
42-36334552143,640 ftNov 2017Yes
42-36334654213,659 ftSep 2009Yes
42-36334653223,650 ftJul 2009Aug 2023Yes
42-36334722323,690 ftMar 2008Jun 2023Yes
42-36334696255,852 ftJul 2006Jul 2024Yes
42-36334695263,892 ftJun 2003Feb 2024Yes
42-36334400113,582 ftApr 2000Jun 2023Yes
42-36334720303,718 ftJan 1998Jul 2024Yes
42-36334723313,846 ftJan 1998
42-36334719293,681 ftJan 1998Yes
42-36334698283,868 ftNov 1997
42-36334694273,890 ftOct 1997Aug 2023Yes
42-36334673233,960 ftAug 1997Aug 2023Yes
42-36334600183,709 ftFeb 1997Apr 2023Yes

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 (359)

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

359 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
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 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 2017019045.373.26$620
Apr 2017018347.933.21$588
Mar 2017019446.772.98$579
Feb 2017016750.452.95$493
Jan 2017018849.413.42$643
Dec 2016019748.763.72$733
Nov 2016019542.492.64$516
Oct 2016019446.193.09$600
Sep 2016019541.553.10$605
Aug 2016020441.442.92$597
Jul 2016020041.622.92$585
Jun 2016029845.352.69$800
May 2016031842.521.99$633
Apr 2016029836.561.99$593
Mar 2016032233.011.79$578
Feb 2016027026.472.06$557
Jan 2016019127.352.36$452
Dec 2015017632.362.00$352
Nov 2015017138.792.17$371
Oct 2015024743.552.43$599
Sep 2015026642.992.76$734
Aug 2015034340.162.87$985
Jul 2015071348.152.95$2,100
Jun 2015079456.152.88$2,289
May 201501,18155.212.96$3,490
Apr 201501,32649.822.71$3,589
Mar 2015075842.892.93$2,225
Feb 2015072844.662.98$2,167
Jan 201501,25743.433.10$3,897
Dec 2014081154.693.59$2,913
Nov 2014024570.464.25$1,042
Oct 2014025878.303.90$1,006
Sep 2014025686.164.05$1,036
Aug 2014026789.394.04$1,077
Jul 2014027496.564.18$1,145
Jun 2014026698.164.74$1,260
May 2014029294.734.73$1,380
Apr 2014028795.944.81$1,380
Mar 2014024095.895.06$1,214
Feb 2014027197.406.19$1,678
Jan 2014027390.404.86$1,327
Dec 2013023491.824.35$1,019
Nov 2013029688.853.74$1,107
Oct 2013028797.423.78$1,085
Sep 20130281104.113.72$1,045
Aug 20130307104.253.52$1,081
Jul 20130297102.523.72$1,104
Jun 2013029294.403.93$1,149
May 2013029794.834.15$1,232
Apr 2013028993.964.28$1,238
Mar 2013033793.623.91$1,319
Feb 2013033691.233.42$1,149
Jan 2013037091.603.42$1,265
Dec 2012039686.773.42$1,354
Nov 2012035086.953.62$1,269
Oct 2012038089.383.40$1,292
Sep 2012039994.672.92$1,164
Aug 2012039892.662.91$1,157
Jul 2012040385.133.02$1,217
Jun 2012039979.822.52$1,005
May 2012044991.612.49$1,117
Apr 2012179428101.652.00$19,050
Mar 20120480105.052.22$1,067
Feb 20120425101.102.57$1,092
Jan 2012045498.092.73$1,241
Dec 2011049296.873.24$1,594
Nov 2011047695.723.31$1,576
Oct 2011044384.983.65$1,616
Sep 2011045283.623.99$1,802
Aug 2011049383.404.15$2,046
Jul 2011045294.144.52$2,042
Jun 2011050692.904.64$2,348
May 2011054198.134.40$2,383
Apr 20110523105.964.33$2,266
Mar 2011053896.364.06$2,183
Feb 2011038685.644.18$1,613
Jan 2011050286.504.59$2,304
Dec 2010057185.734.35$2,483
Nov 2010055980.843.80$2,122
Oct 2010064778.103.51$2,270
Sep 2010057772.633.98$2,296
Aug 201017164773.684.42$15,459
Jul 2010066872.554.74$3,164
Jun 2010069670.364.91$3,418
May 2010072771.124.24$3,079
Apr 2010073081.694.12$3,010
Mar 2010076978.394.39$3,375
Feb 2010077973.585.44$4,240
Jan 2010087974.365.96$5,242
Dec 200901,02271.445.48$5,604
Nov 200901,02974.593.75$3,860
Oct 2009084772.544.11$3,481
Sep 2009089265.543.06$2,734
Aug 20093431,44367.423.22$27,769
Jul 200901,10361.133.46$3,821
Jun 200901,69266.163.90$6,590
May 200901,74354.743.93$6,843
Apr 200901,88046.773.59$6,745
Mar 200901,82942.144.06$7,424
Feb 200901,83232.814.63$8,488
Jan 200902,03535.865.37$10,930
Dec 200802,22837.105.98$13,317
Nov 200802,46755.496.86$16,925
Oct 200802,66775.246.92$18,461
Sep 200801,491101.767.88$11,745
Aug 200802,064114.228.48$17,509
Jul 20083492,119131.0811.39$69,881
Jun 200801,978131.3313.03$25,779
May 200802,320123.1711.57$26,852
Apr 200802,417110.3110.45$25,269
Mar 20081833,189101.909.66$49,466
Feb 200803,93492.538.77$34,503
Jan 20081741,28190.388.21$26,238
Dec 200701,29788.337.30$9,471
Nov 200701,42191.677.29$10,362
Oct 20071811,20882.856.92$23,358
Sep 200701,46375.846.24$9,135
Aug 200701,72269.066.39$11,000
Jul 20071663,08870.906.39$31,495
Jun 200703,66062.007.55$27,627
May 20071791,26058.747.85$20,401
Apr 200701,51559.617.81$11,825
Mar 200701,51756.927.30$11,077
Feb 2007081455.108.22$6,688
Jan 2007075950.306.73$5,106
Dec 200614852856.656.92$12,037
Nov 2006040954.207.62$3,116
Oct 2006045854.906.01$2,754
Sep 200617843260.085.04$12,870
Aug 2006080768.717.34$5,923
Jul 200604,53969.376.34$28,790
Jun 2006043466.286.38$2,771
May 200618252766.016.42$15,400
Apr 200617769164.397.36$16,483
Mar 2006072056.707.08$5,100
Feb 2006083557.597.75$6,472
Jan 20061781,00060.598.93$19,718
Dec 200501,04554.9413.42$14,019
Nov 200518283154.6910.59$18,753
Oct 20051871,03458.3413.80$25,174
Sep 200501,19161.4512.08$14,386
Aug 20051811,31061.519.80$23,967
Jul 20051781,54855.697.84$22,055
Jun 20051741,75052.337.38$22,022
May 20051821,86245.226.65$20,615
Apr 200502,07249.207.36$15,251
Mar 20051801,89650.377.15$22,632
Feb 20053581,69145.226.31$26,862
Jan 200501,87843.166.32$11,873
Dec 20043492,15839.866.75$28,480
Nov 20041792,24245.286.33$22,298
Oct 20043492,61949.706.52$34,408
Sep 200402,66143.245.28$14,060
Aug 20043642,81642.375.55$31,053
Jul 20045462,90638.286.08$38,582
Jun 20041813,03136.106.43$26,033
May 20043703,03637.486.49$33,585
Apr 20043612,79734.475.86$28,830
Mar 20043683,02634.365.53$29,379
Feb 20043712,86432.455.51$27,819
Jan 20043643,33432.036.30$32,662
Dec 20031803,73230.266.30$28,965
Nov 20033653,87028.804.60$28,295
Oct 20035534,86428.174.76$38,729
Sep 20033555,10626.314.75$33,590
Aug 20033625,47829.765.13$38,874
Jul 20035425,84029.415.17$46,138
Jun 20035415,72428.565.98$49,697
May 20033686,54026.595.97$48,846
Apr 20035386,05026.675.41$47,063
Mar 20037346,29531.146.10$61,231
Feb 20031845,92833.487.93$53,145
Jan 20039136,67330.315.58$64,922
Dec 20025407,31026.914.85$50,012
Nov 20025417,97624.664.14$46,337
Oct 20025478,35426.464.23$49,804
Sep 20025428,88527.443.64$47,171
Aug 20025239,86825.963.16$44,801
Jul 200254610,00324.583.06$44,047
Jun 200253610,54623.733.34$47,924
May 200235911,82224.663.58$51,223
Apr 200253912,29523.653.51$55,931
Mar 200273712,85922.003.10$56,112
Feb 200290710,46118.222.38$41,378
Jan 200255012,08617.172.38$38,156
Dec 200155412,68616.932.36$39,374
Nov 200154912,55118.072.41$40,112
Oct 20011,10014,28319.782.53$57,878
Sep 200173614,38524.262.25$50,241
Aug 200191115,43324.873.05$69,776
Jul 200187915,32823.933.20$70,039
Jun 20011,09413,91324.563.82$80,074
May 200192710,78225.524.31$70,099
Apr 200172510,12724.685.34$71,924
Mar 20011,24710,14224.545.38$85,129
Feb 20011,2399,38127.755.77$88,483
Jan 200173110,67327.478.40$109,721
Dec 20001,27911,16726.889.12$136,250
Nov 200090512,40232.215.66$99,321
Oct 20001,43512,79331.235.15$110,641
Sep 20001,62712,73631.875.19$117,908
Aug 20001,76714,30129.644.54$117,311
Jul 20001,61416,57628.534.09$113,839
Jun 20001,82415,55929.304.40$121,860
May 20001,81019,07327.263.68$119,524
Apr 20002,17617,26824.513.12$107,141
Mar 20002,37618,03828.422.86$119,110
Feb 20002,02620,90927.622.73$112,967
Jan 20002,66532,88925.272.48$148,926
Dec 19993,61625,17924.282.42$148,823
Nov 19993,15925,93923.192.43$136,392
Oct 19993,50627,00820.982.80$149,278
Sep 19994,07428,44821.752.62$163,111
Aug 19994,48829,44519.262.88$171,111
Jul 19994,12127,70917.892.37$139,461
Jun 19995,80828,36215.942.36$159,573
May 19996,04628,50115.792.32$161,618
Apr 19995,54028,38315.102.21$146,325
Mar 19997,94627,60412.471.84$149,832
Feb 19996,19724,9819.981.82$107,256
Jan 19997,77526,70210.381.90$131,437
Dec 19986,93430,7879.201.77$118,388
Nov 19988,20336,73210.892.19$169,617
Oct 199811,93946,13312.421.97$239,128
Sep 199814,60051,69512.592.08$291,475
Aug 199815,89851,47111.301.91$277,821
Jul 199821,84053,96611.742.24$377,138
Jun 199821,11352,93811.242.24$355,747
May 199828,42662,52912.622.21$496,696
Apr 199834,98169,80613.042.51$631,039
Mar 199838,17169,28512.802.31$648,598
Feb 199836,73159,84913.952.30$649,998
Jan 199844,26955,91614.702.15$771,242
Dec 199735,12138,81816.322.41$666,769
Nov 199730,25132,84418.193.09$651,697
Oct 199719,28326,14619.253.15$453,553
Sep 199712,52718,80417.742.95$277,793
Aug 199711,41417,53517.862.55$248,651
Jul 199710,83614,68017.582.25$223,482
Jun 19978,43612,45217.242.26$173,543
May 19979,29214,03618.972.31$208,671
Apr 19977,56610,60717.882.08$157,372
Mar 19976,0357,49818.951.94$128,903
Feb 19975,26412,20320.492.21$134,778
Jan 19975,30710,67423.483.54$162,391
Dec 19964,8528,99823.32$113,149
Nov 19964,4788,76921.97$98,382
Oct 19964,75113,61223.31$110,746
Sep 19963,74412,06422.22$83,192
Aug 19964,09015,75120.26$82,863
Jul 19962,58711,24419.55$50,576

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 2017 — as filed, then multipliedworked
Oil                    0 bbl  × $ 45.37 =         $0
Casinghead gas       190 Mcf  × $  3.26 =       $620

────────────────────────────────────────────────────
Month total                                     $620

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/27887 is the state's own key, not one this site invented.