RATLIFF "B"

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12555District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – Mar 2018
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
303
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition39,423 bbl$1,377,950
Casinghead gasProduction172,476 Mcf$479,256
Total$1,857,206

64,679 Mcf of this lease's gas, across 48 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 (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 31.5768, -101.9939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57678, -101.99395 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,600 ft
1 wells filed one
Completion to plug
28.7 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 8,600 ft.

Completions filed
Sep 1988
1 of 1 wells
Plug dates filed
May 2017
1 of 1 wells

Last completion to plug: a median of 28.7 years across the 1 well that filed both dates, with the middle half between 28.7 years and 28.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613282818,600 ftSep 1988May 2017Yes

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 (303)

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

303 months

Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017132045.373.26$5,989
Apr 20175047.933.21$240
Mar 20175046.772.98$234
Feb 20175050.452.95$252
Jan 20175049.413.42$247
Dec 20165048.763.72$244
Nov 20165042.492.64$212
Oct 20165046.193.09$231
Sep 20165041.553.10$208
Aug 20165041.442.92$207
Jul 20165041.622.92$208
Jun 20165045.352.69$227
May 20165042.521.99$213
Apr 20165036.561.99$183
Mar 20165033.011.79$165
Feb 20165026.472.06$132
Jan 20165027.352.36$137
Dec 20155032.362.00$162
Nov 20155038.792.17$194
Oct 20152043.552.43$87
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 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201301102.523.72$4
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013349093.623.91$32,673
Feb 20130091.233.42$0
Jan 201303991.603.42$133
Dec 201205186.773.42$174
Nov 20120286.953.62$7
Oct 20123425989.383.40$30,769
Sep 20120094.672.92$0
Aug 2012168092.662.91$15,567
Jul 20120085.133.02$0
Jun 2012331079.822.52$26,420
May 20120091.612.49$0
Apr 2012042101.652.00$84
Mar 2012072105.052.22$160
Feb 2012339475101.102.57$35,494
Jan 2012054798.092.73$1,496
Dec 2011057896.873.24$1,873
Nov 201133158695.723.31$33,624
Oct 2011059884.983.65$2,182
Sep 201116856683.623.99$16,304
Aug 2011057483.404.15$2,382
Jul 2011558394.144.52$3,104
Jun 2011557092.904.64$3,109
May 2011056698.134.40$2,493
Apr 2011160626105.964.33$19,666
Mar 2011064996.364.06$2,633
Feb 201118360085.644.18$18,180
Jan 2011067786.504.59$3,107
Dec 201031667185.734.35$30,008
Nov 2010064580.843.80$2,448
Oct 201017468878.103.51$16,004
Sep 2010164272.633.98$2,627
Aug 201016467273.684.42$15,053
Jul 201017169672.554.74$15,703
Jun 2010159870.364.91$3,007
May 201015573471.124.24$14,132
Apr 201015469081.694.12$15,425
Mar 201016595978.394.39$17,143
Feb 201016473273.585.44$16,051
Jan 201016981774.365.96$17,440
Dec 200935693671.445.48$30,565
Nov 200918060574.593.75$15,696
Oct 200913729872.544.11$11,163
Sep 2009031665.543.06$968
Aug 200916633667.423.22$12,273
Jul 2009033861.133.46$1,171
Jun 200915438766.163.90$11,696
May 200916837754.743.93$10,676
Apr 2009033846.773.59$1,213
Mar 200915632542.144.06$7,893
Feb 2009026932.814.63$1,246
Jan 200919123535.865.37$8,111
Dec 2008730937.105.98$2,107
Nov 200815727055.496.86$10,564
Oct 200817229875.246.92$15,004
Sep 20082242101.767.88$2,110
Aug 2008176340114.228.48$22,987
Jul 20086377131.0811.39$5,080
Jun 2008159419131.3313.03$26,342
May 2008161428123.1711.57$24,784
Apr 20080397110.3110.45$4,151
Mar 2008163380101.909.66$20,282
Feb 2008134792.538.77$3,136
Jan 200816036290.388.21$17,431
Dec 200718334688.337.30$18,691
Nov 2007034691.677.29$2,523
Oct 200718340482.856.92$17,958
Sep 2007037075.846.24$2,310
Aug 200715342769.066.39$13,294
Jul 200717545270.906.39$15,295
Jun 2007041962.007.55$3,163
May 200716140658.747.85$12,643
Apr 200717639359.617.81$13,559
Mar 200717339356.927.30$12,717
Feb 2007233155.108.22$2,830
Jan 200718335850.306.73$11,613
Dec 200617837156.656.92$12,650
Nov 2006031254.207.62$2,377
Oct 200617944154.906.01$12,479
Sep 200617644760.085.04$12,826
Aug 2006050168.717.34$3,677
Jul 200618150269.376.34$15,740
Jun 200619348266.286.38$15,869
May 200617949066.016.42$14,964
Apr 2006047764.397.36$3,511
Mar 2006049856.707.08$3,527
Feb 200615944257.597.75$12,583
Jan 200614849560.598.93$13,389
Dec 200528438854.9413.42$20,808
Nov 200533931254.6910.59$21,843
Oct 2005033358.3413.80$4,594
Sep 2005034761.4512.08$4,191
Aug 2005045461.519.80$4,448
Jul 2005157555.697.84$4,566
Jun 2005144252.337.38$3,315
May 200534841845.226.65$18,517
Apr 2005252649.207.36$3,970
Mar 200536053950.377.15$21,990
Feb 2005046745.226.31$2,948
Jan 200518452843.166.32$11,280
Dec 200418754239.866.75$11,113
Nov 200418255245.286.33$11,735
Oct 2004048649.706.52$3,166
Sep 2004045443.245.28$2,399
Aug 200418150742.375.55$10,483
Jul 200418355638.286.08$10,388
Jun 2004357836.106.43$3,827
May 200418458537.486.49$10,696
Apr 200418154534.475.86$9,432
Mar 2004056034.365.53$3,097
Feb 200419152132.455.51$9,068
Jan 200410256332.036.30$6,814
Dec 200317856730.266.30$8,959
Nov 200318155228.804.60$7,749
Oct 2003047228.174.76$2,247
Sep 200317050426.314.75$6,866
Aug 200318355329.765.13$8,283
Jul 200318554729.415.17$8,269
Jun 200319150028.565.98$8,446
May 200318548326.595.97$7,804
Apr 2003033426.675.41$1,806
Mar 200317633331.146.10$7,511
Feb 200317731433.487.93$8,415
Jan 2003033930.315.58$1,892
Dec 200217515326.914.85$5,452
Nov 200233343224.664.14$9,999
Oct 2002052126.464.23$2,203
Sep 200217654427.443.64$6,807
Aug 200217862525.963.16$6,598
Jul 200218154724.583.06$6,124
Jun 2002052623.733.34$1,756
May 200217958324.663.58$6,504
Apr 2002052323.653.51$1,837
Mar 200217255522.003.10$5,506
Feb 200218350318.222.38$4,529
Jan 200218053217.172.38$4,354
Dec 2001054116.932.36$1,279
Nov 200118252218.072.41$4,544
Oct 200118156919.782.53$5,019
Sep 2001153924.262.25$1,238
Aug 200117956024.873.05$6,162
Jul 2001060223.933.20$1,925
Jun 200116755724.563.82$6,232
May 200118148125.524.31$6,691
Apr 2001056824.685.34$3,030
Mar 200117258924.545.38$7,388
Feb 200117352027.755.77$7,800
Jan 200116658227.478.40$9,448
Dec 200016960526.889.12$10,062
Nov 200016560032.215.66$8,709
Oct 2000066931.235.15$3,442
Sep 200016568331.875.19$8,801
Aug 200016865029.644.54$7,931
Jul 200024072428.534.09$9,808
Jun 200016573229.304.40$8,053
May 200016877027.263.68$7,413
Apr 200016870024.513.12$6,299
Mar 200016968328.422.86$6,756
Feb 2000066027.622.73$1,799
Jan 200034241925.272.48$9,682
Dec 199917578624.282.42$6,154
Nov 199917676323.192.43$5,939
Oct 1999080620.982.80$2,260
Sep 199917261621.752.62$5,354
Aug 199917881119.262.88$5,760
Jul 199917658617.892.37$4,539
Jun 199917561315.942.36$4,237
May 199917560915.792.32$4,177
Apr 199917384915.102.21$4,487
Mar 199917388912.471.84$3,792
Feb 19991768409.981.82$3,283
Jan 199917991910.381.90$3,604
Dec 19981849439.201.77$3,365
Nov 199835791810.892.19$5,894
Oct 199851398612.421.97$8,313
Sep 199834696012.592.08$6,355
Aug 1998098411.301.91$1,877
Jul 199801,06211.742.24$2,376
Jun 199801,02911.242.24$2,302
May 19981691,05512.622.21$4,460
Apr 19981721,01313.042.51$4,781
Mar 19981771,01912.802.31$4,619
Feb 199817393213.952.30$4,556
Jan 19981781,03214.702.15$4,840
Dec 199716898816.322.41$5,124
Nov 19971681,00918.193.09$6,172
Oct 19973481,09219.253.15$10,139
Sep 19971711,07517.742.95$6,210
Aug 19971781,15317.862.55$6,125
Jul 19973421,06717.582.25$8,410
Jun 199701,08617.242.26$2,451
May 19973371,12918.972.31$8,999
Apr 19971671,11317.882.08$5,304
Mar 19971671,12918.951.94$5,354
Feb 199716897720.492.21$5,597
Jan 19971811,07723.483.54$8,062
Dec 19961701,12623.32$3,964
Nov 19961821,09221.97$3,999
Oct 19961781,15323.31$4,149
Sep 19961731,15422.22$3,844
Aug 19961871,23820.26$3,789
Jul 19961761,23019.55$3,441
Jun 19961671,27418.73$3,128
May 19963491,21919.43$6,781
Apr 199601,15521.51$0
Mar 19963411,25219.38$6,609
Feb 19961721,26016.98$2,921
Jan 19963531,23817.07$6,026
Dec 19951771,36617.19$3,043
Nov 19951751,27016.00$2,800
Oct 19953021,39115.43$4,660
Sep 19953421,32116.18$5,534
Aug 19951651,69715.92$2,627
Jul 19953121,43415.24$4,755
Jun 19953411,43016.41$5,596
May 19951731,37317.56$3,038
Apr 19951711,23017.73$3,032
Mar 19953431,48216.44$5,639
Feb 19951741,45016.58$2,885
Jan 19953131,45415.92$4,983
Dec 19943451,65615.03$5,185
Nov 19941711,45115.90$2,719
Oct 19945121,71315.58$7,977
Sep 19941681,62315.29$2,569
Aug 19943361,78416.13$5,420
Jul 19943341,65417.56$5,865
Jun 19943421,31817.09$5,845
May 19943461,30015.88$5,494
Apr 19941701,22014.14$2,404
Mar 19943391,13612.46$4,224
Feb 19943311,01012.50$4,138
Jan 19943191,26212.66$4,039
Dec 19933321,29212.33$4,094
Nov 19934781,22214.49$6,926
Oct 19933411,30715.85$5,405
Sep 19931701,25215.03$2,555
Aug 19933301,40915.66$5,168
Jul 19933391,46815.46$5,241
Jun 19933241,30516.79$5,440
May 19933211,37217.68$5,675
Apr 19935081,20118.05$9,169
Mar 19933481,51918.14$6,313
Feb 19935281,37117.90$9,451
Jan 19933531,54516.93$5,976

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 2017 — as filed, then multipliedworked
Oil                  132 bbl  × $ 45.37 =     $5,989
Casinghead gas         0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $5,989

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/O/12555 is the state's own key, not one this site invented.