RATLIFF "18"

Operated by GREAT WESTERN DRILLING COMPANY (P-5 328780) in the LINKER (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68862District 8AField 53759333Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.2 M
Nov 2005 – Jun 2016
Value, last 12 filed months
$914 k
at the published price for each month
Months reported
128
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 56 leases and 187 wells, and the rule below applies to all of them.

Discovered
1961-04-06
as the register files it
Field class
Oil
the register's own label
Between wells
880 ft
minimum
From a lease line
440 ft
minimum

A drilling unit in this field needs at least 21.25 acres. The field rule took effect on 1992-12-01.

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: 250 BBLS PER WELL. FIELD RULES STILL IN PLACE.

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
OilDisposition397,336 bbl$29,690,462
Casinghead gasProduction93,800 Mcf$524,029
Total$30,214,490

Wells on this lease (5)

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 33.5410, -102.3711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.54090, -102.37112 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
7,600 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
5100.0%

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 7,478 and 7,624 ft, median 7,600 ft, over the 5 wells that filed a depth.

Completions filed
Nov 2005 – May 2016
5 of 5 wells

5 wells

42-2193686237,600 ftMay 2016
42-2193698047,600 ftMay 2016
42-2193700657,624 ftDec 2007
42-2193683527,478 ftMar 2006
42-2193681917,600 ftNov 2005

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 (128)

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

128 months

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 20164,37254127.352.36$120,853
Dec 20153,54251732.362.00$115,654
Nov 20153,85350238.792.17$150,546
Oct 2015074443.552.43$1,805
Sep 20154,01367742.992.76$174,386
Aug 20154,03073540.162.87$163,956
Jul 20153,83668548.152.95$186,721
Jun 20153,51355256.152.88$198,846
May 20154,17240255.212.96$231,524
Apr 20154,18535349.822.71$209,452
Mar 20154,07242442.892.93$175,892
Feb 20153,51956744.662.98$158,846
Jan 20154,50362743.433.10$197,509
Dec 20143,85653854.693.59$212,817
Nov 20143,52949370.464.25$250,750
Oct 20143,86853978.303.90$304,967
Sep 20144,28049886.164.05$370,779
Aug 20143,03060389.394.04$273,285
Jul 20143,69555496.564.18$359,105
Jun 20143,68662898.164.74$364,793
May 20143,43658994.734.73$328,276
Apr 20143,69149695.944.81$356,500
Mar 20143,50663795.895.06$339,412
Feb 20142,85849797.406.19$281,447
Jan 20143,16346190.404.86$288,176
Dec 20133,04347491.824.35$281,472
Nov 20132,70544788.853.74$242,010
Oct 20133,04036097.423.78$297,517
Sep 20132,664610104.113.72$279,617
Aug 20133,043755104.253.52$319,892
Jul 20132,869782102.523.72$297,037
Jun 20132,99472594.403.93$285,485
May 20132,83967594.834.15$272,023
Apr 20133,01560293.964.28$285,868
Mar 20132,94464293.623.91$278,129
Feb 20132,87751491.233.42$264,227
Jan 20132,86350791.603.42$263,985
Dec 20123,34561486.773.42$292,346
Nov 20122,54443986.953.62$222,792
Oct 20122,69241389.383.40$242,015
Sep 20122,71749294.672.92$258,654
Aug 20122,68855592.662.91$250,684
Jul 20122,71462285.133.02$232,922
Jun 20122,72159979.822.52$218,699
May 20122,72646791.612.49$250,891
Apr 20122,676417101.652.00$272,848
Mar 20122,693427105.052.22$283,848
Feb 20122,363365101.102.57$239,837
Jan 20122,72742698.092.73$268,656
Dec 20112,70936496.873.24$263,600
Nov 20112,39039295.723.31$230,069
Oct 20112,53155384.983.65$217,102
Sep 20112,47544783.623.99$208,741
Aug 20112,30664583.404.15$194,997
Jul 20112,37468494.144.52$226,578
Jun 20112,34953492.904.64$220,700
May 20112,20657098.134.40$218,986
Apr 20112,220548105.964.33$237,606
Mar 20112,22639796.364.06$216,108
Feb 20112,00937985.644.18$173,635
Jan 20112,19737886.504.59$191,775
Dec 20102,18540985.734.35$189,098
Nov 20102,37139580.843.80$193,171
Oct 20102,04547378.103.51$161,374
Sep 20102,18653772.633.98$160,906
Aug 20102,37648873.684.42$177,220
Jul 20102,36350872.554.74$173,842
Jun 20102,22058770.364.91$159,082
May 20102,39866571.124.24$173,362
Apr 20102,55754581.694.12$211,128
Mar 20102,36352478.394.39$187,535
Feb 20102,16364173.585.44$162,642
Jan 20102,33177874.365.96$177,973
Dec 20092,36366671.445.48$172,465
Nov 20092,56888174.593.75$194,852
Oct 20092,36582672.544.11$174,952
Sep 20092,49668565.543.06$165,687
Aug 20092,71680367.423.22$185,697
Jul 20092,57657861.133.46$159,473
Jun 20092,5511,10466.163.90$173,074
May 20092,58682554.743.93$144,796
Apr 20092,73974746.773.59$130,783
Mar 20092,74069442.144.06$118,281
Feb 20092,56662132.814.63$87,068
Jan 20092,87483335.865.37$107,536
Dec 20082,72979637.105.98$106,004
Nov 20082,89277155.496.86$165,766
Oct 20082,90361075.246.92$222,644
Sep 20082,906777101.767.88$301,835
Aug 20082,909874114.228.48$339,680
Jul 20083,077678131.0811.39$411,055
Jun 20083,079979131.3313.03$417,124
May 20083,2581,161123.1711.57$414,726
Apr 20083,2691,079110.3110.45$371,884
Mar 20083,5681,302101.909.66$376,162
Feb 20083,38089992.538.77$320,636
Jan 20084,0591,52590.388.21$379,366
Dec 20073,6911,14488.337.30$334,379
Nov 20073,0791,26391.677.29$291,461
Oct 20073,0871,41882.856.92$265,573
Sep 20073,2401,08975.846.24$252,521
Aug 20073,3961,12469.066.39$241,708
Jul 20073,6091,79670.906.39$267,351
Jun 20073,7441,31462.007.55$242,047
May 20074,4241,25758.747.85$269,729
Apr 20073,20977759.617.81$197,353
Mar 20073,8621,07856.927.30$227,697
Feb 20073,18397555.108.22$183,394
Jan 20074,02395150.306.73$208,754
Dec 20064,2031,48056.656.92$248,339
Nov 20064,7551,60954.207.62$269,978
Oct 20064,9411,44054.906.01$279,921
Sep 20065,6651,76660.085.04$349,249
Aug 20066,2082,04568.717.34$441,562
Jul 20067,1941,93169.376.34$511,296
Jun 20068,2112,34766.286.38$559,208
May 20069,5872,89166.016.42$651,413
Apr 20069,9092,21464.397.36$654,337
Mar 20066,9531,15656.707.08$402,423
Feb 20061,35520857.597.75$79,647
Jan 20061,37458460.598.93$88,468
Dec 20052,005054.9413.42$110,155
Nov 20050054.6910.59$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.

Jan 2016 — as filed, then multipliedworked
Oil                4,372 bbl  × $ 27.35 =   $119,574
Casinghead gas       541 Mcf  × $  2.36 =     $1,279

────────────────────────────────────────────────────
Month total                                 $120,853

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. 8A/O/68862 is the state's own key, not one this site invented.