PRICE, YOUNG

Operated by DELRAY OIL, INC. (P-5 213275) in the RACHEL (GUNSIGHT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28672District 7BField 74128210OilCasinghead gasSaveExport
Value, all time
$785 k
Sep 1999 – Jan 2021
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
257
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 8 leases and 20 wells, and the rule below applies to all of them.

Discovered
1997-01-12
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition22,978 bbl$710,174
Casinghead gasProduction15,375 Mcf$75,050
Total$785,224

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 31.7318, -99.6839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.73176, -99.68392 · 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
2,373 ft
2 wells filed one
Completion to plug
19.6 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 2,370 and 2,375 ft, median 2,373 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1999 – Oct 2000
2 of 2 wells
Plug dates filed
Oct 2019
2 of 2 wells

Last completion to plug: a median of 19.6 years across the 2 wells that filed both dates, with the middle half between 19.3 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

42-0833561532,375 ftOct 2000Oct 2019Yes
42-0833559212,370 ftSep 1999Oct 2019Yes

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 (257)

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

257 months

Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202048038.772.71$1,861
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 201775049.292.98$3,697
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 2014154070.464.25$10,851
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 2013114091.233.42$10,400
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 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012166098.092.73$16,283
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 2010167080.843.80$13,500
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201003372.554.74$156
Jun 20100970.364.91$44
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 2009151074.593.75$11,263
Oct 20090072.544.11$0
Sep 20090465.543.06$12
Aug 20090167.423.22$3
Jul 20090361.133.46$10
Jun 20090366.163.90$12
May 20090554.743.93$20
Apr 20090446.773.59$14
Mar 20090842.144.06$32
Feb 20090532.814.63$23
Jan 2009166735.865.37$5,990
Dec 20080437.105.98$24
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 200817025110.3110.45$19,014
Mar 200802101.909.66$19
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200701691.677.29$117
Oct 200703582.856.92$242
Sep 20071737375.846.24$13,576
Aug 200706369.066.39$402
Jul 200707470.906.39$473
Jun 200703262.007.55$242
May 200704158.747.85$322
Apr 200704459.617.81$343
Mar 20071744256.927.30$10,211
Feb 200703655.108.22$296
Jan 200705250.306.73$350
Dec 2006011156.656.92$768
Nov 200609854.207.62$747
Oct 200617810654.906.01$10,410
Sep 200605960.085.04$297
Aug 200601768.717.34$125
Jul 200603669.376.34$228
Jun 200605866.286.38$370
May 200607266.016.42$463
Apr 20061707164.397.36$11,469
Mar 200608356.707.08$588
Feb 200606357.597.75$488
Jan 200604460.598.93$393
Dec 200504354.9413.42$577
Nov 20051816754.6910.59$10,608
Oct 200507058.3413.80$966
Sep 200505761.4512.08$689
Aug 200508061.519.80$784
Jul 200506955.697.84$541
Jun 20051778752.337.38$9,905
May 200508045.226.65$532
Apr 200509249.207.36$677
Mar 20051756650.377.15$9,287
Feb 200506145.226.31$385
Jan 200506643.166.32$417
Dec 200407139.866.75$479
Nov 20041807845.286.33$8,644
Oct 200406949.706.52$450
Sep 200407443.245.28$391
Aug 20041757842.375.55$7,848
Jul 200408438.286.08$511
Jun 200409136.106.43$585
May 200416613237.486.49$7,079
Apr 2004016634.475.86$973
Mar 200418113234.365.53$6,949
Feb 2004013532.455.51$744
Jan 2004014932.036.30$939
Dec 200317314930.266.30$6,174
Nov 2003016428.804.60$754
Oct 200317818928.174.76$5,914
Sep 2003017126.314.75$812
Aug 200317911129.765.13$5,896
Jul 2003011529.415.17$595
Jun 200318115328.565.98$6,085
May 2003015226.595.97$908
Apr 200317612926.675.41$5,391
Mar 200318016131.146.10$6,587
Feb 2003014133.487.93$1,118
Jan 200318017730.315.58$6,444
Dec 200218618026.914.85$5,879
Nov 2002018824.664.14$778
Oct 200218222026.464.23$5,746
Sep 200218321227.443.64$5,792
Aug 200218121625.963.16$5,382
Jul 200217524824.583.06$5,061
Jun 200217922023.733.34$4,982
May 200217321324.663.58$5,030
Apr 200218121723.653.51$5,043
Mar 200217721422.003.10$4,558
Feb 200235819418.222.38$6,984
Jan 200218020617.172.38$3,580
Dec 200135520416.932.36$6,492
Nov 200135225118.072.41$6,964
Oct 200117025819.782.53$4,015
Sep 200136729424.262.25$9,565
Aug 200135631124.873.05$9,803
Jul 200135931223.933.20$9,588
Jun 200136230724.563.82$10,065
May 200152726525.524.31$14,590
Apr 200152928124.685.34$14,555
Mar 200154730324.545.38$15,052
Feb 200154024827.755.77$16,415
Jan 200171327127.478.40$21,862
Dec 200090532326.889.12$27,273
Nov 200055523532.215.66$19,206
Oct 20001,06339131.235.15$35,209
Sep 200087343331.875.19$30,068
Aug 200069640329.644.54$22,459
Jul 200052929528.534.09$16,299
Jun 200070627429.304.40$21,891
May 200053518027.263.68$15,246
Apr 200054022424.513.12$13,933
Mar 200072220228.422.86$21,097
Feb 200035715727.622.73$10,288
Jan 200072426425.272.48$18,950
Dec 19991,09425424.282.42$27,178
Nov 199989825623.192.43$21,448
Oct 19991,06130320.982.80$23,109
Sep 19990021.752.62$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.

Nov 2020 — as filed, then multipliedworked
Oil                   48 bbl  × $ 38.77 =     $1,861
Casinghead gas         0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $1,861

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/28672 is the state's own key, not one this site invented.