LAKE SAND UNIT

Operated by RAY HERRING OPERATING CO., LLC (P-5 695232) in the STEPHENS COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31880District 7BField 85948001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$376 k
Sep 2015 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
129
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 1,255 leases and 4,008 wells, and the rule below applies to all of them.

Discovered
1916-12-31
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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 150 = 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
OilDisposition4,957 bbl$283,081
Casinghead gasProduction30,093 Mcf$92,712
Total$375,793

Wells on this lease (7)

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 32.5904, -98.8956. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.59018, -98.89579 · 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 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
4,270 ft
7 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
685.7%

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 3,990 and 4,390 ft, median 4,270 ft, over the 7 wells that filed a depth.

Completions filed
Jun 1981 – Sep 2013
7 of 7 wells
Plug dates filed
Aug 2006
1 of 7 wells; 6 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-42936243K 54,125 ftSep 2013Aug 2006
42-42934002K 14,390 ftMar 1984
42-42933789D 44,285 ftMar 1984
42-42933591D 33,990 ftJan 1984
42-42933081D 24,300 ftNov 1981
42-42932897D 14,270 ftJul 1981
42-42932888B 14,246 ftJun 1981

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 (129)

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

129 months

May 20260137106.413.05$417
Apr 2026312598.932.87$656
Mar 2026515789.753.15$943
Feb 20261669963.503.75$10,912
Jan 2026513159.138.00$1,343
Dec 2025013156.664.41$578
Nov 2025412658.593.93$729
Oct 2025210559.383.30$466
Sep 2025310262.743.08$502
Aug 202509663.933.01$289
Jul 2025010966.743.32$361
Jun 2025010066.483.13$313
May 2025213060.553.23$541
Apr 2025613762.363.54$860
Mar 202516213567.704.27$11,544
Feb 202569170.884.34$820
Jan 2025115474.324.28$733
Dec 20241651268.993.12$11,421
Nov 202431769.052.20$245
Oct 202423171.372.28$213
Sep 202413869.612.36$159
Aug 20241731775.632.06$13,119
Jul 202402779.932.15$58
Jun 202401878.082.63$47
May 202402578.812.20$55
Apr 202462884.451.66$553
Mar 202401180.301.55$17
Feb 20241631976.091.78$12,437
Jan 202438973.023.30$513
Dec 202303971.262.61$102
Nov 2023013377.892.81$373
Oct 2023015785.443.09$485
Sep 202304289.042.74$115
Aug 2023015880.522.67$422
Jul 2023012674.852.64$333
Jun 20231714168.962.26$11,885
May 202332270.622.23$261
Apr 202319978.122.24$300
Mar 2023322172.852.39$747
Feb 20231722775.112.47$12,985
Jan 2023020176.533.39$681
Dec 2022218976.415.73$1,236
Nov 2022021785.005.65$1,225
Oct 2022222487.185.86$1,488
Sep 2022022384.888.16$1,821
Aug 202216711494.529.13$16,825
Jul 2022428101.587.54$618
Jun 2022620115.097.98$850
May 2022476109.378.43$1,078
Apr 2022167133104.226.84$18,314
Mar 20220200108.885.08$1,015
Feb 202209091.054.86$437
Jan 20221676381.844.54$13,953
Dec 202104871.323.90$187
Nov 2021016377.435.24$854
Oct 202108779.795.71$497
Sep 2021010269.865.35$546
Aug 2021214666.024.22$748
Jul 2021316870.783.98$881
Jun 202129869.493.38$470
May 20211697563.483.02$10,954
Apr 2021010060.362.76$276
Mar 2021020061.302.72$543
Feb 2021013757.805.55$760
Jan 2021012050.412.81$337
Dec 202017114944.642.68$8,032
Nov 202015038.772.71$174
Oct 202004636.972.48$114
Sep 202005837.091.99$115
Aug 202032939.982.39$189
Jul 202003138.371.83$57
Jun 20201678834.901.69$5,977
May 202009916.921.81$180
Apr 202025014.751.80$120
Mar 2020622030.341.86$590
Feb 2020010049.881.98$198
Jan 2020210057.252.09$324
Dec 2019010559.012.30$242
Nov 201917110655.302.75$9,748
Oct 201916015153.472.42$8,920
Sep 2019119955.052.66$584
Aug 201907453.112.30$171
Jul 201901656.272.46$39
Jun 201923852.782.49$200
May 2019010058.482.74$274
Apr 2019116962.632.75$528
Mar 2019025356.803.06$775
Feb 2019027650.852.79$771
Jan 2019232746.033.23$1,148
Dec 2018031246.594.19$1,306
Nov 2018124152.934.24$1,074
Oct 201805161.443.40$173
Sep 2018170059.543.11$10,122
Aug 201801559.403.07$46
Jul 201804765.142.93$138
Jun 2018011360.183.08$348
May 2018029965.382.90$867
Apr 2018233563.842.90$1,099
Mar 2018011761.222.79$326
Feb 2018420961.782.77$825
Jan 2018013362.874.01$533
Dec 2017029257.272.92$853
Nov 2017530955.423.12$1,241
Oct 2017030049.292.98$895
Sep 2017032347.523.09$997
Aug 201732930045.373.00$15,828
Jul 2017136543.873.09$1,171
Jun 2017150442.493.09$1,598
May 2017067245.373.26$2,193
Apr 201716774847.933.21$10,407
Mar 2017179346.772.98$2,413
Feb 2017068050.452.95$2,008
Jan 2017179949.413.42$2,781
Dec 201617080048.763.72$11,267
Nov 2016075542.492.64$1,996
Oct 201633383946.193.09$17,974
Sep 2016191541.553.10$2,879
Aug 2016088041.442.92$2,573
Jul 2016091541.622.92$2,676
Jun 201617182545.352.69$9,971
May 2016090642.521.99$1,804
Apr 2016088736.561.99$1,766
Mar 201616587533.011.79$7,016
Feb 2016087426.472.06$1,804
Jan 201616974127.352.36$6,374
Dec 2015075132.362.00$1,503
Nov 2015080238.792.17$1,738
Oct 201517043343.552.43$8,454
Sep 201548142042.992.76$21,837

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 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       137 Mcf  × $  3.05 =       $417

────────────────────────────────────────────────────
Month total                                     $417

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/31880 is the state's own key, not one this site invented.