RESERVE

Operated by RAM OIL AND GAS, INC. (P-5 101516) in the THROCKMORTON COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31247District 7BField 89812001OilSaveExport
Value, all time
$1.1 M
Feb 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
160
no gaps in the span
Streams
1
oil

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 1,000 leases and 3,227 wells, and the rule below applies to all of them.

Discovered
1924-12-31
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

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 81 = 6000 TO 8000'

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
OilDisposition15,077 bbl$1,058,778
Total$1,058,778

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 33.3021, -99.0615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.30207, -99.06148 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,879 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 4,879 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-4473645414,879 ftFeb 2013

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 (160)

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

160 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 202312268.962.26$8,413
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 202215385.005.65$13,005
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 2022154101.587.54$15,643
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 20218971.323.90$6,347
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 202116069.493.38$11,118
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 202116750.412.81$8,418
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 202017438.371.83$6,676
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 202017130.341.86$5,188
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 201916852.782.49$8,867
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 20182846.594.19$1,305
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 201812459.543.11$7,383
Aug 201813259.403.07$7,841
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 201815661.222.79$9,550
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 201716549.292.98$8,133
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 201717543.873.09$7,677
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 20179246.772.98$4,303
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 20168048.763.72$3,901
Nov 2016042.492.64$0
Oct 201613946.193.09$6,420
Sep 2016041.553.10$0
Aug 201616741.442.92$6,920
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 201615542.521.99$6,591
Apr 2016036.561.99$0
Mar 201631933.011.79$10,530
Feb 2016026.472.06$0
Jan 201615227.352.36$4,157
Dec 201533932.362.00$10,970
Nov 201517238.792.17$6,672
Oct 201551143.552.43$22,254
Sep 201533742.992.76$14,488
Aug 20151,12440.162.87$45,140
Jul 201514648.152.95$7,030
Jun 201517156.152.88$9,602
May 201534555.212.96$19,047
Apr 201534649.822.71$17,238
Mar 201534342.892.93$14,711
Feb 201517144.662.98$7,637
Jan 201517043.433.10$7,383
Dec 201433754.693.59$18,431
Nov 201416870.464.25$11,837
Oct 201434578.303.90$27,014
Sep 201417186.164.05$14,733
Aug 201433089.394.04$29,499
Jul 201434596.564.18$33,313
Jun 201416998.164.74$16,589
May 201433894.734.73$32,019
Apr 201434395.944.81$32,907
Mar 201433895.895.06$32,411
Feb 201433897.406.19$32,921
Jan 201434190.404.86$30,826
Dec 201324591.824.35$22,496
Nov 201333988.853.74$30,120
Oct 201334897.423.78$33,902
Sep 2013320104.113.72$33,315
Aug 2013351104.253.52$36,592
Jul 2013528102.523.72$54,131
Jun 201335494.403.93$33,418
May 201353494.834.15$50,639
Apr 201353993.964.28$50,644
Mar 201353993.623.91$50,461
Feb 2013091.233.42$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.

Jun 2023 — as filed, then multipliedworked
Oil                  122 bbl  × $ 68.96 =     $8,413

────────────────────────────────────────────────────
Month total                                   $8,413

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/31247 is the state's own key, not one this site invented.