RINGO -E-

Operated by JM COX RESOURCES, L.P. (P-5 433075) 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 4087District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – Jan 2010
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
205
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition27,459 bbl$776,195
Casinghead gasProduction204,150 Mcf$620,197
Total$1,396,392

72,397 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 (2)

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 31.4313, -101.7098. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.43135, -101.70977 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,775 ft
2 wells filed one
Completion to plug
34.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 7,500 and 8,050 ft, median 7,775 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1963 – Apr 1985
2 of 2 wells
Plug dates filed
Nov 2007 – Nov 2009
2 of 2 wells

Last completion to plug: a median of 34.7 years across the 2 wells that filed both dates, with the middle half between 29.7 years and 39.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3833335028,050 ftApr 1985Nov 2009Yes
42-3831005917,500 ftFeb 1963Nov 2007Yes

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 (205)

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

205 months

Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200906467.423.22$206
Jul 2009019761.133.46$683
Jun 2009057266.163.90$2,228
May 2009054354.743.93$2,132
Apr 200934944546.773.59$17,919
Mar 2009054642.144.06$2,216
Feb 2009054332.814.63$2,516
Jan 2009058735.865.37$3,153
Dec 2008060737.105.98$3,628
Nov 200835961555.496.86$24,140
Oct 2008063475.246.92$4,389
Sep 20080634101.767.88$4,994
Aug 20080507114.228.48$4,301
Jul 20080147131.0811.39$1,674
Jun 20080479131.3313.03$6,243
May 20080534123.1711.57$6,181
Apr 2008150605110.3110.45$22,872
Mar 20080596101.909.66$5,760
Feb 200817952192.538.77$21,132
Jan 2008053590.388.21$4,390
Dec 200717854288.337.30$19,680
Nov 2007045091.677.29$3,281
Oct 2007070882.856.92$4,901
Sep 200717762375.846.24$17,314
Aug 2007052669.066.39$3,360
Jul 200717816070.906.39$13,642
Jun 2007046262.007.55$3,487
May 200717864058.747.85$15,477
Apr 2007060159.617.81$4,691
Mar 200717674656.927.30$15,465
Feb 200718061555.108.22$14,971
Jan 2007068150.306.73$4,581
Dec 200617769456.656.92$14,828
Nov 200617578454.207.62$15,457
Oct 2006085954.906.01$5,166
Sep 200617880460.085.04$14,744
Aug 200617382068.717.34$17,906
Jul 2006091369.376.34$5,791
Jun 200617188466.286.38$16,977
May 200618089366.016.42$17,619
Apr 2006067164.397.36$4,939
Mar 200617667456.707.08$14,753
Feb 200617560857.597.75$14,791
Jan 200617962760.598.93$16,447
Dec 2005058054.9413.42$7,781
Nov 200517577354.6910.59$17,756
Oct 200516777558.3413.80$20,434
Sep 200516879761.4512.08$19,951
Aug 2005085261.519.80$8,347
Jul 200517475955.697.84$15,643
Jun 2005064752.337.38$4,776
May 200517760145.226.65$12,001
Apr 2005070949.207.36$5,219
Mar 200517966250.377.15$13,753
Feb 2005061645.226.31$3,888
Jan 200517971243.166.32$12,227
Dec 200417870539.866.75$11,855
Nov 2004062645.286.33$3,963
Oct 200418675849.706.52$14,183
Sep 2004070643.245.28$3,730
Aug 200417861142.375.55$10,933
Jul 200416464638.286.08$10,208
Jun 2004064936.106.43$4,175
May 200418164637.486.49$10,979
Apr 2004067534.475.86$3,954
Mar 200417971434.365.53$10,099
Feb 2004069432.455.51$3,824
Jan 200418670632.036.30$10,405
Dec 200318171230.266.30$9,964
Nov 200318075428.804.60$8,649
Oct 2003067228.174.76$3,198
Sep 200317669226.314.75$7,917
Aug 2003079029.765.13$4,052
Jul 200317575329.415.17$9,040
Jun 2003074528.565.98$4,457
May 200317194326.595.97$10,179
Apr 200317989626.675.41$9,619
Mar 200301,09031.146.10$6,645
Feb 200317998433.487.93$13,792
Jan 200301,06130.315.58$5,923
Dec 20021801,02426.914.85$9,814
Nov 20021781,04324.664.14$8,704
Oct 200201,05926.464.23$4,479
Sep 20021791,03227.443.64$8,663
Aug 20021761,11125.963.16$8,084
Jul 200201,18324.583.06$3,622
Jun 20021741,16923.733.34$8,031
May 20021801,21024.663.58$8,775
Apr 20021731,14823.653.51$8,124
Mar 20021781,03222.003.10$7,118
Feb 2002099818.222.38$2,371
Jan 20023471,09917.172.38$8,569
Dec 200101,14416.932.36$2,705
Nov 20011761,15418.072.41$5,956
Oct 20011761,21719.782.53$6,559
Sep 20011711,00824.262.25$6,418
Aug 200101,19624.873.05$3,652
Jul 20011801,25423.933.20$8,317
Jun 20011741,19724.563.82$8,851
May 20011711,22725.524.31$9,649
Apr 20011801,11024.685.34$10,365
Mar 20011721,13124.545.38$10,302
Feb 20011721,03427.755.77$10,736
Jan 20011741,07027.478.40$13,766
Dec 20001821,09626.889.12$14,890
Nov 20001731,08332.215.66$11,700
Oct 20001771,10631.235.15$11,219
Sep 20001731,11231.875.19$11,281
Aug 20001821,35329.644.54$11,538
Jul 20001871,31228.534.09$10,701
Jun 2000099729.304.40$4,384
May 20001811,29527.263.68$9,699
Apr 20003531,28624.513.12$12,659
Mar 20003521,32928.422.86$13,804
Feb 20003611,24627.622.73$13,368
Jan 200001,19825.272.48$2,972
Dec 199918596224.282.42$6,823
Nov 199917596123.192.43$6,397
Oct 1999099620.982.80$2,793
Sep 19991791,06921.752.62$6,693
Aug 199901,16819.262.88$3,359
Jul 199917259417.892.37$4,486
Jun 1999048915.942.36$1,155
May 199913455015.792.32$3,392
Apr 1999067315.102.21$1,486
Mar 199918389312.471.84$3,924
Feb 199901,0319.981.82$1,874
Jan 19991731,07710.381.90$3,842
Dec 199801,1049.201.77$1,958
Nov 199816399710.892.19$3,954
Oct 1998094712.421.97$1,865
Sep 199817697112.592.08$4,238
Aug 199801,01511.301.91$1,936
Jul 19981741,08311.742.24$4,466
Jun 199801,10511.242.24$2,472
May 19981791,22212.622.21$4,955
Apr 199801,15613.042.51$2,896
Mar 199818097312.802.31$4,551
Feb 1998096713.952.30$2,223
Jan 19981831,06714.702.15$4,989
Dec 1997098016.322.41$2,363
Nov 199716896318.193.09$6,030
Oct 19971751,17219.253.15$7,060
Sep 19971711,24417.742.95$6,709
Aug 19971671,22417.862.55$6,110
Jul 199701,27817.582.25$2,872
Jun 19971791,34617.242.26$6,124
May 19971711,33618.972.31$6,328
Apr 19971881,31417.882.08$6,098
Mar 19971821,37118.951.94$6,107
Feb 19971821,25720.492.21$6,502
Jan 19971881,32823.483.54$9,115
Dec 19961951,19823.32$4,547
Nov 19961881,40321.97$4,130
Oct 19961851,35323.31$4,312
Sep 19961831,47222.22$4,066
Aug 19961831,57320.26$3,708
Jul 19961751,39219.55$3,421
Jun 199618578318.73$3,465
May 199616557419.43$3,206
Apr 199618862521.51$4,044
Mar 199618081219.38$3,488
Feb 199618684316.98$3,158
Jan 199618695917.07$3,175
Dec 19951861,20517.19$3,197
Nov 19951811,37116.00$2,896
Oct 19951811,55215.43$2,793
Sep 19951821,56316.18$2,945
Aug 19951851,60515.92$2,945
Jul 19951881,67915.24$2,865
Jun 19951711,72516.41$2,806
May 19951851,58417.56$3,249
Apr 19951861,58017.73$3,298
Mar 19951871,50716.44$3,074
Feb 19951861,41216.58$3,084
Jan 19951841,55315.92$2,929
Dec 19943521,66615.03$5,291
Nov 19941851,66915.90$2,942
Oct 19941831,58715.58$2,851
Sep 19941821,67715.29$2,783
Aug 19941771,88716.13$2,855
Jul 19943631,77917.56$6,374
Jun 19941801,71817.09$3,076
May 19941841,81015.88$2,922
Apr 19941791,58514.14$2,531
Mar 19943671,71412.46$4,573
Feb 19941841,44212.50$2,300
Jan 19941821,58612.66$2,304
Dec 19931861,67412.33$2,293
Nov 19933641,74014.49$5,274
Oct 19931711,89715.85$2,710
Sep 19931801,93415.03$2,705
Aug 19933551,81215.66$5,559
Jul 19931771,90015.46$2,736
Jun 19931791,78916.79$3,005
May 19933621,73017.68$6,400
Apr 19931831,62518.05$3,303
Mar 19933641,50618.14$6,603
Feb 19931861,58017.90$3,329
Jan 19933741,76716.93$6,332

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.

Aug 2009 — as filed, then multipliedworked
Oil                    0 bbl  × $ 67.42 =         $0
Casinghead gas        64 Mcf  × $  3.22 =       $206

────────────────────────────────────────────────────
Month total                                     $206

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/4087 is the state's own key, not one this site invented.