RAGSDALE

Operated by PARAGON OIL & GAS, LLC (P-5 639006) in the COMANCHE COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29385District 7BField 19872001OilCasinghead gasSaveExport
Value, all time
$92 k
Dec 2003 – Feb 2010
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
75
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 143 leases and 248 wells, and the rule below applies to all of them.

Discovered
1918-12-31
as the register files it
Field class
Oil and gas
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
OilDisposition692 bbl$26,816
Casinghead gasProduction10,223 Mcf$64,831
Total$91,647

Wells on this lease (1)

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 32.0963, -98.7903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09631, -98.79028 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,975 ft
1 wells filed one
Completion to plug
5.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 2,975 ft.

Completions filed
Jun 2003
1 of 1 wells
Plug dates filed
Nov 2008
1 of 1 wells

Last completion to plug: a median of 5.4 years across the 1 well that filed both dates, with the middle half between 5.4 years and 5.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0933150512,975 ftJun 2003Nov 2008Yes

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 (75)

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

75 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200949071.445.48$3,501
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 200800101.909.66$0
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 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200604566.016.42$289
Apr 200607664.397.36$559
Mar 200606256.707.08$439
Feb 200605957.597.75$457
Jan 200607060.598.93$625
Dec 200506754.9413.42$899
Nov 200507654.6910.59$805
Oct 200505358.3413.80$731
Sep 200506061.4512.08$725
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005020549.207.36$1,509
Mar 2005023950.377.15$1,710
Feb 20051278245.226.31$6,261
Jan 2005035343.166.32$2,232
Dec 2004064839.866.75$4,375
Nov 2004074745.286.33$4,729
Oct 2004082849.706.52$5,395
Sep 2004080243.245.28$4,238
Aug 2004049942.375.55$2,770
Jul 20040038.286.08$0
Jun 200416961236.106.43$10,038
May 2004071837.486.49$4,663
Apr 20041174634.475.86$4,750
Mar 200415181834.365.53$9,712
Feb 2004966232.455.51$3,939
Jan 200416290932.036.30$10,915
Dec 20031478730.266.30$5,383

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.

Dec 2009 — as filed, then multipliedworked
Oil                   49 bbl  × $ 71.44 =     $3,501
Casinghead gas         0 Mcf  × $  5.48 =         $0

────────────────────────────────────────────────────
Month total                                   $3,501

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/29385 is the state's own key, not one this site invented.