RANCH HAND "7"

Name: RANCH HAND "7" lease production and value, Jan 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OXY USA INC. (P-5 630591) in the WORLD, EAST (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181782District 7CField 98797450Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$569 k

Jan 2001 – Mar 2016

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

183

no gaps in the span

Streams

condensate, gas

The WORLD, EAST (STRAWN) 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 16 leases and 29 wells, and the rule below applies to all of them.

Discovered

1999-04-14

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2001-07-24.

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: “FIELD APPROVED TO GO AOF PER AOF 2 SIGNED BY EACH OPERATOR.”

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
Condensate	Disposition	326 bbl	$19,791
Gas	Production	90,417 Mcf	$548,842
Total			$568,633

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 31.0273, -101.6015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02730, -101.60147 · 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

100.0%

1 of 1 wells

Median depth

8,293 ft

1 wells filed one

Completion to plug

12.8 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 8,293 ft.

Completions filed

Nov 2002

1 of 1 wells

Plug dates filed

Sep 2015

1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10538492	1	8,293 ft	Nov 2002	Sep 2015	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 (183)

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

183 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	1	26.47	2.06	$2
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	37	42.99	2.76	$102
Aug 2015	0	77	40.16	2.87	$221
Jul 2015	0	68	48.15	2.95	$200
Jun 2015	0	100	56.15	2.88	$288
May 2015	0	71	55.21	2.96	$210
Apr 2015	0	103	49.82	2.71	$279
Mar 2015	0	111	42.89	2.93	$326
Feb 2015	0	102	44.66	2.98	$304
Jan 2015	0	112	43.43	3.10	$347
Dec 2014	0	110	54.69	3.59	$395
Nov 2014	0	107	70.46	4.25	$455
Oct 2014	0	114	78.30	3.90	$445
Sep 2014	0	113	86.16	4.05	$457
Aug 2014	0	130	89.39	4.04	$525
Jul 2014	0	141	96.56	4.18	$589
Jun 2014	0	148	98.16	4.74	$701
May 2014	0	169	94.73	4.73	$799
Apr 2014	0	174	95.94	4.81	$837
Mar 2014	0	212	95.89	5.06	$1,072
Feb 2014	0	221	97.40	6.19	$1,368
Jan 2014	0	199	90.40	4.86	$967
Dec 2013	0	275	91.82	4.35	$1,197
Nov 2013	0	313	88.85	3.74	$1,170
Oct 2013	0	364	97.42	3.78	$1,376
Sep 2013	0	333	104.11	3.72	$1,238
Aug 2013	0	412	104.25	3.52	$1,451
Jul 2013	0	397	102.52	3.72	$1,476
Jun 2013	0	366	94.40	3.93	$1,440
May 2013	0	325	94.83	4.15	$1,348
Apr 2013	0	362	93.96	4.28	$1,550
Mar 2013	0	323	93.62	3.91	$1,264
Feb 2013	0	328	91.23	3.42	$1,122
Jan 2013	0	398	91.60	3.42	$1,361
Dec 2012	0	382	86.77	3.42	$1,307
Nov 2012	0	407	86.95	3.62	$1,475
Oct 2012	0	441	89.38	3.40	$1,499
Sep 2012	0	273	94.67	2.92	$797
Aug 2012	0	343	92.66	2.91	$998
Jul 2012	0	403	85.13	3.02	$1,217
Jun 2012	0	412	79.82	2.52	$1,038
May 2012	0	543	91.61	2.49	$1,351
Apr 2012	0	468	101.65	2.00	$935
Mar 2012	0	377	105.05	2.22	$838
Feb 2012	0	225	101.10	2.57	$578
Jan 2012	0	513	98.09	2.73	$1,403
Dec 2011	6	648	96.87	3.24	$2,681
Nov 2011	0	532	95.72	3.31	$1,762
Oct 2011	0	432	84.98	3.65	$1,576
Sep 2011	0	500	83.62	3.99	$1,993
Aug 2011	0	521	83.40	4.15	$2,162
Jul 2011	0	534	94.14	4.52	$2,412
Jun 2011	108	4	92.90	4.64	$10,052
May 2011	0	308	98.13	4.40	$1,357
Apr 2011	0	330	105.96	4.33	$1,430
Mar 2011	0	364	96.36	4.06	$1,477
Feb 2011	0	299	85.64	4.18	$1,250
Jan 2011	0	474	86.50	4.59	$2,175
Dec 2010	0	409	85.73	4.35	$1,778
Nov 2010	0	425	80.84	3.80	$1,613
Oct 2010	0	407	78.10	3.51	$1,428
Sep 2010	0	430	72.63	3.98	$1,711
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	421	72.55	4.74	$1,994
Jun 2010	0	350	70.36	4.91	$1,719
May 2010	0	506	71.12	4.24	$2,143
Apr 2010	0	506	81.69	4.12	$2,086
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	445	73.58	5.44	$2,422
Jan 2010	0	551	74.36	5.96	$3,286
Dec 2009	0	632	71.44	5.48	$3,466
Nov 2009	0	819	74.59	3.75	$3,072
Oct 2009	0	807	72.54	4.11	$3,317
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	7	54.74	3.93	$27
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	72	481	55.49	6.86	$7,295
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	2,166	101.76	7.88	$17,062
Aug 2008	0	626	114.22	8.48	$5,310
Jul 2008	0	715	131.08	11.39	$8,143
Jun 2008	0	565	131.33	13.03	$7,363
May 2008	0	583	123.17	11.57	$6,748
Apr 2008	0	559	110.31	10.45	$5,844
Mar 2008	0	651	101.90	9.66	$6,291
Feb 2008	0	524	92.53	8.77	$4,596
Jan 2008	0	471	90.38	8.21	$3,865
Dec 2007	0	444	88.33	7.30	$3,242
Nov 2007	0	560	91.67	7.29	$4,083
Oct 2007	0	548	82.85	6.92	$3,793
Sep 2007	0	157	75.84	6.24	$980
Aug 2007	0	573	69.06	6.39	$3,660
Jul 2007	0	513	70.90	6.39	$3,277
Jun 2007	0	581	62.00	7.55	$4,386
May 2007	0	596	58.74	7.85	$4,676
Apr 2007	0	1,181	59.61	7.81	$9,218
Mar 2007	0	517	56.92	7.30	$3,775
Feb 2007	0	411	55.10	8.22	$3,377
Jan 2007	0	792	50.30	6.73	$5,328
Dec 2006	0	644	56.65	6.92	$4,455
Nov 2006	0	1,159	54.20	7.62	$8,829
Oct 2006	0	1,789	54.90	6.01	$10,759
Sep 2006	0	1,444	60.08	5.04	$7,274
Aug 2006	0	1,603	68.71	7.34	$11,766
Jul 2006	0	1,929	69.37	6.34	$12,235
Jun 2006	4	1,023	66.28	6.38	$6,796
May 2006	0	1,556	66.01	6.42	$9,997
Apr 2006	0	305	64.39	7.36	$2,245
Mar 2006	0	679	56.70	7.08	$4,809
Feb 2006	0	125	57.59	7.75	$969
Jan 2006	0	1,061	60.59	8.93	$9,478
Dec 2005	0	577	54.94	13.42	$7,741
Nov 2005	0	727	54.69	10.59	$7,698
Oct 2005	0	13	58.34	13.80	$179
Sep 2005	0	243	61.45	12.08	$2,935
Aug 2005	0	999	61.51	9.80	$9,787
Jul 2005	0	959	55.69	7.84	$7,522
Jun 2005	0	1,148	52.33	7.38	$8,473
May 2005	0	676	45.22	6.65	$4,496
Apr 2005	0	653	49.20	7.36	$4,806
Mar 2005	0	9	50.37	7.15	$64
Feb 2005	0	1,516	45.22	6.31	$9,569
Jan 2005	0	845	43.16	6.32	$5,342
Dec 2004	0	587	39.86	6.75	$3,963
Nov 2004	0	324	45.28	6.33	$2,051
Oct 2004	0	676	49.70	6.52	$4,404
Sep 2004	0	2,004	43.24	5.28	$10,589
Aug 2004	1	1,194	42.37	5.55	$6,670
Jul 2004	0	1,363	38.28	6.08	$8,293
Jun 2004	135	2,177	36.10	6.43	$18,878
May 2004	0	1,429	37.48	6.49	$9,281
Apr 2004	0	1,182	34.47	5.86	$6,925
Mar 2004	0	1,024	34.36	5.53	$5,663
Feb 2004	0	1,443	32.45	5.51	$7,950
Jan 2004	0	1,531	32.03	6.30	$9,645
Dec 2003	0	1,239	30.26	6.30	$7,808
Nov 2003	0	724	28.80	4.60	$3,327
Oct 2003	0	1,308	28.17	4.76	$6,226
Sep 2003	0	1,299	26.31	4.75	$6,169
Aug 2003	0	1,551	29.76	5.13	$7,956
Jul 2003	0	1,398	29.41	5.17	$7,229
Jun 2003	0	1,381	28.56	5.98	$8,262
May 2003	0	1,503	26.59	5.97	$8,977
Apr 2003	0	1,068	26.67	5.41	$5,775
Mar 2003	0	1,362	31.14	6.10	$8,303
Feb 2003	0	1,520	33.48	7.93	$12,047
Jan 2003	0	1,970	30.31	5.58	$10,997
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$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.

Feb 2016 — as filed, then multipliedworked

Condensate             0 bbl  × $ 26.47 =         $0
Gas                    1 Mcf  × $  2.06 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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. 7C/G/181782 is the state's own key, not one this site invented.