RAMSEY, CAL -B-

Operated by M2 SQUARED OPERATING, LLC (P-5 519348) in the CALLAHAN COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 446District 7BField 14820001OilCasinghead gasSaveExport
Value, all time
$539 k
Jan 1993 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
401
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 751 leases and 3,583 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 (B) 6,000 - 8,000 467' - 1200' 40 AC 85 BARRELS

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
OilDisposition14,540 bbl$538,648
Casinghead gasProduction116 Mcf$502
Total$539,150

19 Mcf of this lease's gas, across 19 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (13)

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 32.3942, -99.1268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles. 1 well has no surveyed location and is left out of it.

32.39436, -99.12958 · centre of 12 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
38.5%
5 of 13 wells
With a plug date
23.1%
3 of 13 wells
Median depth
384 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
538.5%
A plug date is filed
323.1%
BothOn the schedule and plugged. Neither fact cancels the other.
323.1%
NeitherNo plug date, and not on the schedule.
861.5%

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

Total depth in feet, 7 of 13 wells. Median 384 ft, with the middle half between 378 and 410 ft; the shallowest is 375 ft and the deepest 869 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 4 of 13 wells, May 1965 – Jan 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1965 – Jan 2024
4 of 13 wells; 9 filed none
Plug dates filed
Feb 1986 – Sep 2001
3 of 13 wells; 10 filed none

13 wells

42-059051381W378 ftJan 1990Yes
42-059805361384 ftSep 2001Yes
42-059805469375 ftFeb 1986Yes
42-0598054711WYes
42-059805392
42-059805425
42-059805436
42-059805447
42-059805458
42-0593641710869 ftJan 2024
42-059805414405 ftSep 1985
42-059805403415 ftJan 1984
42-059805371I378 ftMay 1965Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202665089.753.15$5,834
Feb 202666063.503.75$4,191
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202460079.932.15$4,796
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202374071.262.61$5,273
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023105068.962.26$7,241
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
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 2019152053.112.30$8,073
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 201994046.033.23$4,327
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018108059.403.07$6,415
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018121063.842.90$7,725
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201736055.423.12$1,995
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201790045.373.00$4,083
Jul 201760043.873.09$2,632
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 201631046.193.09$1,432
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 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201497196.564.18$9,371
Jun 201488198.164.74$8,643
May 20140194.734.73$5
Apr 20140195.944.81$5
Mar 20140195.895.06$5
Feb 20140197.406.19$6
Jan 20140190.404.86$5
Dec 20130191.824.35$4
Nov 20130188.853.74$4
Oct 20130197.423.78$4
Sep 2013921104.113.72$9,582
Aug 201301104.253.52$4
Jul 201301102.523.72$4
Jun 201395194.403.93$8,972
May 20130194.834.15$4
Apr 20130193.964.28$4
Mar 20130193.623.91$4
Feb 20130191.233.42$3
Jan 20130191.603.42$3
Dec 20120186.773.42$3
Nov 20120186.953.62$4
Oct 20120189.383.40$3
Sep 20120194.672.92$3
Aug 20120192.662.91$3
Jul 20120185.133.02$3
Jun 201287179.822.52$6,947
May 20120191.612.49$2
Apr 2012871101.652.00$8,846
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120198.092.73$3
Dec 20110196.873.24$3
Nov 20110195.723.31$3
Oct 20110184.983.65$4
Sep 20110183.623.99$4
Aug 20110183.404.15$4
Jul 20110194.144.52$5
Jun 20110192.904.64$5
May 2011117198.134.40$11,486
Apr 201101105.964.33$4
Mar 20110196.364.06$4
Feb 20110185.644.18$4
Jan 20110186.504.59$5
Dec 20100185.734.35$4
Nov 201079080.843.80$6,386
Oct 20100178.103.51$4
Sep 20100172.633.98$4
Aug 20100173.684.42$4
Jul 20100172.554.74$5
Jun 20100170.364.91$5
May 20100171.124.24$4
Apr 20100181.694.12$4
Mar 2010119178.394.39$9,333
Feb 201069173.585.44$5,082
Jan 20100174.365.96$6
Dec 20090171.445.48$5
Nov 20090174.593.75$4
Oct 20090172.544.11$4
Sep 20090165.543.06$3
Aug 2009102167.423.22$6,880
Jul 20090161.133.46$3
Jun 20090166.163.90$4
May 20090154.743.93$4
Apr 20090146.773.59$4
Mar 2009126142.144.06$5,314
Feb 20090132.814.63$5
Jan 20090135.865.37$5
Dec 200883137.105.98$3,085
Nov 20080155.496.86$7
Oct 20080175.246.92$7
Sep 200801101.767.88$8
Aug 200801114.228.48$8
Jul 20081071131.0811.39$14,037
Jun 200801131.3313.03$13
May 200801123.1711.57$12
Apr 20081321110.3110.45$14,571
Mar 200801101.909.66$10
Feb 20080192.538.77$9
Jan 2008129190.388.21$11,667
Dec 20070188.337.30$7
Nov 2007125191.677.29$11,466
Oct 20070182.856.92$7
Sep 2007131175.846.24$9,941
Aug 20070169.066.39$6
Jul 20070170.906.39$6
Jun 20070162.007.55$8
May 2007118158.747.85$6,939
Apr 20070159.617.81$8
Mar 2007128156.927.30$7,293
Feb 20070155.108.22$8
Jan 2007115050.306.73$5,785
Dec 2006129056.656.92$7,308
Nov 20060054.207.62$0
Oct 200692154.906.01$5,057
Sep 2006134160.085.04$8,056
Aug 20060168.717.34$7
Jul 2006134169.376.34$9,302
Jun 20060166.286.38$6
May 2006132166.016.42$8,720
Apr 20060164.397.36$7
Mar 20060156.707.08$7
Feb 20060057.597.75$0
Jan 2006113060.598.93$6,847
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200597058.3413.80$5,659
Sep 20050061.4512.08$0
Aug 2005120061.519.80$7,381
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005127045.226.65$5,743
Apr 2005110049.207.36$5,412
Mar 20050050.377.15$0
Feb 2005122045.226.31$5,517
Jan 20050043.166.32$0
Dec 2004128039.866.75$5,102
Nov 20040045.286.33$0
Oct 200444049.706.52$2,187
Sep 200495043.245.28$4,108
Aug 2004122042.375.55$5,169
Jul 20040038.286.08$0
Jun 2004129036.106.43$4,657
May 20040037.486.49$0
Apr 2004129034.475.86$4,447
Mar 2004126034.365.53$4,329
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003129028.804.60$3,715
Oct 20030028.174.76$0
Sep 2003128026.314.75$3,368
Aug 20030029.765.13$0
Jul 2003127029.415.17$3,735
Jun 20030028.565.98$0
May 2003130026.595.97$3,457
Apr 2003129026.675.41$3,440
Mar 20030031.146.10$0
Feb 2003131033.487.93$4,386
Jan 2003133030.315.58$4,031
Dec 20020026.914.85$0
Nov 2002131024.664.14$3,230
Oct 20020026.464.23$0
Sep 2002128027.443.64$3,512
Aug 20020025.963.16$0
Jul 2002128024.583.06$3,146
Jun 2002131023.733.34$3,109
May 20020024.663.58$0
Apr 2002127023.653.51$3,004
Mar 2002130022.003.10$2,860
Feb 20020018.222.38$0
Jan 2002128017.172.38$2,198
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001129019.782.53$2,552
Sep 20010024.262.25$0
Aug 2001127024.873.05$3,158
Jul 20010023.933.20$0
Jun 2001128024.563.82$3,144
May 2001126025.524.31$3,216
Apr 20010024.685.34$0
Mar 2001132024.545.38$3,239
Feb 2001130027.755.77$3,608
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000125032.215.66$4,026
Oct 2000126031.235.15$3,935
Sep 200063031.875.19$2,008
Aug 2000129029.644.54$3,824
Jul 20000028.534.09$0
Jun 2000127029.304.40$3,721
May 2000126027.263.68$3,435
Apr 200058024.513.12$1,422
Mar 200065028.422.86$1,847
Feb 200071027.622.73$1,961
Jan 200081025.272.48$2,047
Dec 199964024.282.42$1,554
Nov 199998023.192.43$2,273
Oct 199985020.982.80$1,783
Sep 199971021.752.62$1,544
Aug 199996019.262.88$1,849
Jul 199972017.892.37$1,288
Jun 1999141015.942.36$2,248
May 199963015.792.32$995
Apr 19990015.102.21$0
Mar 199975012.471.84$935
Feb 199916709.981.82$1,667
Jan 19990010.381.90$0
Dec 19986609.201.77$607
Nov 199878010.892.19$849
Oct 199866012.421.97$820
Sep 19980012.592.08$0
Aug 199899011.301.91$1,119
Jul 199860011.742.24$704
Jun 199877011.242.24$865
May 19980012.622.21$0
Apr 199863013.042.51$822
Mar 199883012.802.31$1,062
Feb 19980013.952.30$0
Jan 1998104014.702.15$1,529
Dec 19970016.322.41$0
Nov 1997121018.193.09$2,201
Oct 19970019.253.15$0
Sep 199795017.742.95$1,685
Aug 19970017.862.55$0
Jul 1997100017.582.25$1,758
Jun 199758017.242.26$1,000
May 19970018.972.31$0
Apr 1997106017.882.08$1,895
Mar 199795018.951.94$1,800
Feb 199757020.492.21$1,168
Jan 199758023.483.54$1,362
Dec 199656023.32$1,306
Nov 199654021.97$1,186
Oct 199649023.31$1,142
Sep 1996129022.22$2,866
Aug 199684020.26$1,702
Jul 1996122019.55$2,385
Jun 19960018.73$0
May 1996119019.43$2,312
Apr 199672021.51$1,549
Mar 1996119019.38$2,306
Feb 199675016.98$1,274
Jan 19960017.07$0
Dec 19950017.19$0
Nov 199586016.00$1,376
Oct 199556015.43$864
Sep 19950016.18$0
Aug 1995127015.92$2,022
Jul 1995100015.24$1,524
Jun 199589016.41$1,460
May 19950017.56$0
Apr 199584017.73$1,489
Mar 199588016.44$1,447
Feb 199586016.58$1,426
Jan 199571015.92$1,130
Dec 199477015.03$1,157
Nov 1994102015.90$1,622
Oct 199473015.58$1,137
Sep 199493015.29$1,422
Aug 199454016.13$871
Jul 199479117.56$1,387
Jun 199484117.09$1,436
May 199469115.88$1,096
Apr 199496114.14$1,357
Mar 199454112.46$673
Feb 199452112.50$650
Jan 19940112.66$0
Dec 199374112.33$912
Nov 199376114.49$1,101
Oct 199373115.85$1,157
Sep 199369115.03$1,037
Aug 199374115.66$1,159
Jul 199363115.46$974
Jun 199367116.79$1,125
May 199367117.68$1,185
Apr 199378118.05$1,408
Mar 199349118.14$889
Feb 199357117.90$1,020
Jan 199352116.93$880

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.

Mar 2026 — as filed, then multipliedworked
Oil                   65 bbl  × $ 89.75 =     $5,834
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $5,834

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/446 is the state's own key, not one this site invented.