RED ONION "60"

Operated by RAW OIL & GAS, INC. (P-5 694863) in the CY-JACK (LWCC) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 69941District 8AField 22588500OilCasinghead gasSaveExport
Value, all time
$726 k
Sep 2011 – Jun 2015
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
46
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 23 leases and 26 wells, and the rule below applies to all of them.

Discovered
2012-08-21
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 40 acres. The field rule took effect on 2014-05-01.

The Commission's schedule remark for this field reads: RECINDED AND STATEWIDE RULES IN EFFECT.

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
OilDisposition7,786 bbl$720,180
Casinghead gasProduction1,533 Mcf$5,532
Total$725,712

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 33.0925, -102.5371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09250, -102.53712 · 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
12,200 ft
1 wells filed one
Completion to plug
3.3 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 12,200 ft.

Completions filed
Sep 2011
1 of 1 wells
Plug dates filed
Dec 2014
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-44532286112,200 ftSep 2011Dec 2014Yes

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 (46)

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

46 months

Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201561042.892.93$2,616
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20141973554.693.59$10,900
Nov 201406570.464.25$276
Oct 20142046578.303.90$16,227
Sep 201402986.164.05$117
Aug 20143887289.394.04$34,974
Jul 201405896.564.18$242
Jun 201406498.164.74$303
May 20141585994.734.73$15,246
Apr 201405795.944.81$274
Mar 20141554695.895.06$15,096
Feb 20141612697.406.19$15,842
Jan 20141592490.404.86$14,490
Dec 201302391.824.35$100
Nov 2013160788.853.74$14,242
Oct 20131601597.423.78$15,644
Sep 201316019104.113.72$16,728
Aug 20131697104.253.52$17,643
Jul 2013022102.523.72$82
Jun 20131614894.403.93$15,387
May 20131633794.834.15$15,611
Apr 20135015493.964.28$47,305
Mar 20131722693.623.91$16,204
Feb 201303491.233.42$116
Jan 20131754791.603.42$16,191
Dec 20123322286.773.42$28,883
Nov 20122621086.953.62$22,817
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012163092.662.91$15,104
Jul 20123384085.133.02$28,895
Jun 201235652279.822.52$29,731
May 2012173091.612.49$15,849
Apr 20121640101.652.00$16,671
Mar 20123510105.052.22$36,873
Feb 20121820101.102.57$18,400
Jan 20121,063098.092.73$104,270
Dec 20111,098096.873.24$106,363
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$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.

Mar 2015 — as filed, then multipliedworked
Oil                   61 bbl  × $ 42.89 =     $2,616
Casinghead gas         0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $2,616

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/69941 is the state's own key, not one this site invented.