RADER

Name: RADER lease production and value, Apr 2014 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SOJOURNER DRILLING CORPORATION (P-5 800750) in the RICE BROS. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31476District 7BField 76360500OilCasinghead gasSave Export

Value, all time

$2.1 M

Apr 2014 – Aug 2021

Value, last 12 filed months

$21 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The RICE BROS. (CANYON) field

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 15 leases and 50 wells, and the rule below applies to all of them.

Discovered

1975-08-12

as the register files it

Field class

Oil

the register's own label

Between wells

600 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-07-29.

The Commission's schedule remark for this field reads: “FIELD RULES AMENDED PER DOCKET #7B-0255298 EFF 7/29/08.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	35,517 bbl	$2,019,247
Casinghead gas	Production	40,397 Mcf	$112,211
Total			$2,131,458

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 32.8694, -100.1744. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.86939, -100.17445 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

5,330 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

1100.0%

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.

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 5,330 ft.

Completions filed

Apr 2014

1 of 1 wells

1 well


42-15132975	1	5,330 ft	Apr 2014	—	Yes

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 (89)

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

89 months


Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	319	613	36.97	2.48	$13,313
Sep 2020	183	627	37.09	1.99	$8,036
Aug 2020	349	688	39.98	2.39	$15,594
Jul 2020	371	680	38.37	1.83	$15,476
Jun 2020	184	639	34.90	1.69	$7,502
May 2020	168	652	16.92	1.81	$4,026
Apr 2020	173	622	14.75	1.80	$3,674
Mar 2020	174	651	30.34	1.86	$6,488
Feb 2020	189	600	49.88	1.98	$10,616
Jan 2020	357	628	57.25	2.09	$21,754
Dec 2019	180	631	59.01	2.30	$12,076
Nov 2019	186	610	55.30	2.75	$11,964
Oct 2019	361	677	53.47	2.42	$20,940
Sep 2019	173	743	55.05	2.66	$11,498
Aug 2019	179	769	53.11	2.30	$11,279
Jul 2019	355	647	56.27	2.46	$21,568
Jun 2019	168	0	52.78	2.49	$8,867
May 2019	351	647	58.48	2.74	$22,299
Apr 2019	351	650	62.63	2.75	$23,771
Mar 2019	358	801	56.80	3.06	$22,787
Feb 2019	170	729	50.85	2.79	$10,680
Jan 2019	173	830	46.03	3.23	$10,643
Dec 2018	175	682	46.59	4.19	$11,008
Nov 2018	357	603	52.93	4.24	$21,451
Oct 2018	362	833	61.44	3.40	$25,072
Sep 2018	168	833	59.54	3.11	$12,592
Aug 2018	350	837	59.40	3.07	$23,357
Jul 2018	326	844	65.14	2.93	$23,710
Jun 2018	339	671	60.18	3.08	$22,466
May 2018	349	735	65.38	2.90	$24,950
Apr 2018	346	710	63.84	2.90	$24,148
Mar 2018	331	755	61.22	2.79	$22,368
Feb 2018	518	738	61.78	2.77	$34,043
Jan 2018	0	341	62.87	4.01	$1,367
Dec 2017	180	341	57.27	2.92	$11,305
Nov 2017	357	764	55.42	3.12	$22,167
Oct 2017	526	753	49.29	2.98	$28,173
Sep 2017	171	738	47.52	3.09	$10,404
Aug 2017	318	1,157	45.37	3.00	$17,904
Jul 2017	515	780	43.87	3.09	$25,001
Jun 2017	341	196	42.49	3.09	$15,094
May 2017	352	754	45.37	3.26	$18,431
Apr 2017	356	879	47.93	3.21	$19,886
Mar 2017	349	745	46.77	2.98	$18,546
Feb 2017	362	800	50.45	2.95	$20,625
Jan 2017	365	1,308	49.41	3.42	$22,506
Dec 2016	546	715	48.76	3.72	$29,285
Nov 2016	353	715	42.49	2.64	$16,890
Oct 2016	511	715	46.19	3.09	$25,813
Sep 2016	337	715	41.55	3.10	$16,219
Aug 2016	511	715	41.44	2.92	$23,267
Jul 2016	351	678	41.62	2.92	$16,591
Jun 2016	703	714	45.35	2.69	$33,799
May 2016	354	768	42.52	1.99	$16,581
Apr 2016	539	744	36.56	1.99	$21,187
Mar 2016	526	769	33.01	1.79	$18,743
Feb 2016	538	116	26.47	2.06	$14,480
Jan 2016	545	490	27.35	2.36	$16,064
Dec 2015	540	124	32.36	2.00	$17,723
Nov 2015	527	120	38.79	2.17	$20,702
Oct 2015	701	124	43.55	2.43	$30,829
Sep 2015	534	120	42.99	2.76	$23,288
Aug 2015	534	124	40.16	2.87	$21,802
Jul 2015	703	0	48.15	2.95	$33,849
Jun 2015	541	0	56.15	2.88	$30,377
May 2015	720	0	55.21	2.96	$39,751
Apr 2015	717	0	49.82	2.71	$35,721
Mar 2015	742	0	42.89	2.93	$31,824
Feb 2015	726	0	44.66	2.98	$32,423
Jan 2015	728	0	43.43	3.10	$31,617
Dec 2014	546	0	54.69	3.59	$29,861
Nov 2014	908	0	70.46	4.25	$63,978
Oct 2014	904	0	78.30	3.90	$70,783
Sep 2014	908	0	86.16	4.05	$78,233
Aug 2014	1,071	0	89.39	4.04	$95,737
Jul 2014	1,210	0	96.56	4.18	$116,838
Jun 2014	1,806	0	98.16	4.74	$177,277
May 2014	998	0	94.73	4.73	$94,541
Apr 2014	354	0	95.94	4.81	$33,963

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.

Oct 2020 — as filed, then multipliedworked

Oil                  319 bbl  × $ 36.97 =    $11,793
Casinghead gas       613 Mcf  × $  2.48 =     $1,519

────────────────────────────────────────────────────
Month total                                  $13,313

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/31476 is the state's own key, not one this site invented.