UNDERWOOD -C-

Operated by RING ENERGY, INC. (P-5 712382) in the BLOCK A-34 (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25381District 08Field 08958500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$19.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$762 k
at the published price for each month
Months reported
401
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 160 leases and 433 wells, and the rule below applies to all of them.

Discovered
1979-03-16
as the register files it
Field class
Oil
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 10 acres. The field rule took effect on 2016-11-01.

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: OPTIONAL ACRES 10,NO MAX DIAGONAL, SALVAGE FIELD

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
NGPA4none

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
OilDisposition336,138 bbl$19,540,763
Casinghead gasProduction85,866 Mcf$300,260
Total$19,841,023

4,867 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 (7)

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 32.4609, -102.6424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.46072, -102.64232 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
4,711 ft
7 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.
7100.0%

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 4,696 and 4,996 ft, median 4,711 ft, over the 7 wells that filed a depth.

Completions filed
Mar 1979 – Nov 2017
7 of 7 wells

7 wells

42-003476393H4,711 ftNov 2017
42-003475902H4,701 ftAug 2017
42-003474761H4,708 ftMay 2017
42-0034620254,985 ftJul 2014
42-0034620144,996 ftJul 2014
42-0033216334,696 ftJan 1980
42-0033179424,755 ftMar 1979

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 (401)

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

401 months

May 2026957410106.413.05$103,083
Apr 202693444198.932.87$93,666
Mar 20261,10837189.753.15$100,611
Feb 202682878963.503.75$55,537
Jan 202665529259.138.00$41,066
Dec 20251,05938356.664.41$61,693
Nov 202555567158.593.93$35,152
Oct 202552670659.383.30$33,567
Sep 202558279262.743.08$38,952
Aug 202597260563.933.01$63,964
Jul 202596936466.743.32$65,878
Jun 20251,01155066.483.13$68,932
May 202559149260.553.23$37,375
Apr 202575146962.363.54$48,494
Mar 202568850567.704.27$48,733
Feb 202564957470.884.34$48,493
Jan 202571589974.324.28$56,985
Dec 202479852268.993.12$56,683
Nov 20241,00269969.052.20$70,725
Oct 202495972971.372.28$70,107
Sep 20241,13494669.612.36$81,174
Aug 20241,22764275.632.06$94,123
Jul 20241,32869179.932.15$107,630
Jun 20241,09460578.082.63$87,013
May 20241,15249478.812.20$91,875
Apr 20241,27454584.451.66$108,494
Mar 20241,18061180.301.55$95,698
Feb 2024177076.091.78$13,468
Jan 2024176073.023.30$12,852
Dec 20231,6261,15771.262.61$118,889
Nov 20231,7121,12577.892.81$136,506
Oct 20231,51384985.443.09$131,892
Sep 20231,48072189.042.74$133,751
Aug 20231,4461,04380.522.67$119,220
Jul 20231,7621,03474.852.64$134,617
Jun 20231,64873768.962.26$115,311
May 20231,72987170.622.23$124,042
Apr 20232,0971,25678.122.24$166,628
Mar 20232,72283372.852.39$200,291
Feb 20231,97856275.112.47$149,953
Jan 20231,74691276.533.39$136,711
Dec 20221,8961,46176.415.73$153,244
Nov 20221,59998685.005.65$141,482
Oct 20222,0441,20387.185.86$185,250
Sep 20221,9041,12884.888.16$170,820
Aug 20221,87093894.529.13$185,314
Jul 20221,830886101.587.54$192,574
Jun 20221,8811,051115.097.98$224,868
May 20228911,539109.378.43$110,427
Apr 20221,0541,232104.226.84$118,272
Mar 2022920698108.885.08$103,713
Feb 202272656691.054.86$68,852
Jan 202266364181.844.54$57,169
Dec 202143375671.323.90$33,829
Nov 202157191677.435.24$49,009
Oct 20217291,20179.795.71$65,029
Sep 202184161969.865.35$62,064
Aug 202185055766.024.22$58,468
Jul 202184662270.783.98$62,357
Jun 20211,16442469.493.38$82,320
May 20212,0329063.483.02$129,263
Apr 20212,372060.362.76$143,174
Mar 20212,173061.302.72$133,205
Feb 20211,832057.805.55$105,890
Jan 20212,300050.412.81$115,943
Dec 20202,735044.642.68$122,090
Nov 20203,197038.772.71$123,948
Oct 20202,662036.972.48$98,414
Sep 20202,751037.091.99$102,035
Aug 20203,170039.982.39$126,737
Jul 20202,10948438.371.83$81,806
Jun 20205988834.901.69$21,019
May 202004116.921.81$74
Apr 20202,02013514.751.80$30,039
Mar 20202,56214930.341.86$78,008
Feb 20202,7799949.881.98$138,813
Jan 20203,36245257.252.09$193,421
Dec 20193,32580859.012.30$198,070
Nov 20193,70989255.302.75$207,561
Oct 20193,30360553.472.42$178,075
Sep 20193,00252555.052.66$166,655
Aug 20193,65561453.112.30$195,532
Jul 20195,26895156.272.46$298,770
Jun 20194,32855352.782.49$229,809
May 20194,0241,51258.482.74$239,467
Apr 20193,9401,51562.632.75$250,930
Mar 20195,4561,36056.803.06$314,065
Feb 20195,3421,82550.852.79$276,737
Jan 20196,3442,51646.033.23$300,136
Dec 20186,4533,23146.594.19$314,168
Nov 20185,4763,32452.934.24$303,929
Oct 20186,5661,69461.443.40$409,171
Sep 20186,4242,14459.543.11$389,149
Aug 20185,3311,88359.403.07$322,436
Jul 20184,30995165.142.93$283,476
Jun 20185,6851,26660.183.08$346,019
May 20188,0952,44865.382.90$536,352
Apr 20188,7062,11963.842.90$561,938
Mar 20189,8142,36861.222.79$607,412
Feb 20189,310061.782.77$575,172
Jan 20188,745062.874.01$549,798
Dec 201712,286057.272.92$703,619
Nov 20178,853055.423.12$490,633
Oct 20179,798049.292.98$482,943
Sep 20177,286047.523.09$346,231
Aug 20175,781045.373.00$262,284
Jul 20177,587043.873.09$332,842
Jun 20177,838042.493.09$333,037
May 20171,312045.373.26$59,525
Apr 2017963047.933.21$46,157
Mar 2017809046.772.98$37,837
Feb 2017167050.452.95$8,425
Jan 2017163049.413.42$8,054
Dec 2016162048.763.72$7,899
Nov 2016484042.492.64$20,565
Oct 2016516046.193.09$23,834
Sep 2016164041.553.10$6,814
Aug 2016161041.442.92$6,672
Jul 20160041.622.92$0
Jun 2016635045.352.69$28,797
May 2016349042.521.99$14,839
Apr 2016344036.561.99$12,577
Mar 2016342033.011.79$11,289
Feb 2016736026.472.06$19,482
Jan 2016701027.352.36$19,172
Dec 2015737032.362.00$23,849
Nov 2015169038.792.17$6,556
Oct 2015339043.552.43$14,763
Sep 2015513042.992.76$22,054
Aug 2015526040.162.87$21,124
Jul 20151,070048.152.95$51,521
Jun 2015693056.152.88$38,912
May 2015169055.212.96$9,330
Apr 2015357049.822.71$17,786
Mar 2015191042.892.93$8,192
Feb 2015488044.662.98$21,794
Jan 2015550043.433.10$23,887
Dec 2014882054.693.59$48,237
Nov 20141,125070.464.25$79,268
Oct 20143078.303.90$235
Sep 2014719086.164.05$61,949
Aug 2014177089.394.04$15,822
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014169095.944.81$16,214
Mar 20140095.895.06$0
Feb 20143097.406.19$292
Jan 20140090.404.86$0
Dec 20132091.824.35$184
Nov 20130088.853.74$0
Oct 2013174097.423.78$16,951
Sep 201310104.113.72$104
Aug 201330104.253.52$313
Jul 201300102.523.72$0
Jun 2013172094.403.93$16,237
May 20130094.834.15$0
Apr 2013170093.964.28$15,973
Mar 20135093.623.91$468
Feb 20130091.233.42$0
Jan 2013163091.603.42$14,931
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012157089.383.40$14,033
Sep 20120094.672.92$0
Aug 2012168092.662.91$15,567
Jul 20121085.133.02$85
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121690101.652.00$17,179
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011150083.623.99$12,543
Aug 20111083.404.15$83
Jul 20110094.144.52$0
Jun 2011168092.904.64$15,607
May 20110098.134.40$0
Apr 201110105.964.33$106
Mar 2011173096.364.06$16,670
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010173072.633.98$12,565
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010165081.694.12$13,479
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009171074.593.75$12,755
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20092067.423.22$135
Jul 2009162061.133.46$9,903
Jun 20090066.163.90$0
May 20091054.743.93$55
Apr 20090046.773.59$0
Mar 2009173042.144.06$7,290
Feb 20090032.814.63$0
Jan 2009170035.865.37$6,096
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081590114.228.48$18,161
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081610123.1711.57$19,830
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008148092.538.77$13,694
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007154091.677.29$14,117
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007172069.066.39$11,878
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007175058.747.85$10,280
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007139050.306.73$6,992
Dec 20060056.656.92$0
Nov 2006165054.207.62$8,943
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006167069.376.34$11,585
Jun 20060066.286.38$0
May 20061066.016.42$66
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20061057.597.75$58
Jan 2006170060.598.93$10,300
Dec 20051054.9413.42$55
Nov 2005172054.6910.59$9,407
Oct 20051058.3413.80$58
Sep 20050061.4512.08$0
Aug 20051061.519.80$62
Jul 2005136055.697.84$7,574
Jun 20050052.337.38$0
May 2005153045.226.65$6,919
Apr 20051049.207.36$49
Mar 2005147050.377.15$7,404
Feb 20052045.226.31$90
Jan 20050043.166.32$0
Dec 2004148039.866.75$5,899
Nov 20041045.286.33$45
Oct 2004161049.706.52$8,002
Sep 20042043.245.28$86
Aug 20042042.375.55$85
Jul 2004127038.286.08$4,862
Jun 20042036.106.43$72
May 2004164037.486.49$6,147
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004167032.455.51$5,419
Jan 20040032.036.30$0
Dec 2003156030.266.30$4,721
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003146026.314.75$3,841
Aug 20030029.765.13$0
Jul 2003169029.415.17$4,970
Jun 20030028.565.98$0
May 20031026.595.97$27
Apr 2003163026.675.41$4,347
Mar 20036031.146.10$187
Feb 2003162033.487.93$5,424
Jan 20034030.315.58$121
Dec 20021026.914.85$27
Nov 20022024.664.14$49
Oct 2002150026.464.23$3,969
Sep 2002161027.443.64$4,418
Aug 20025025.963.16$130
Jul 2002167024.583.06$4,105
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002155023.653.51$3,666
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002144017.172.38$2,472
Dec 2001157016.932.36$2,658
Nov 20010018.072.41$0
Oct 2001365019.782.53$7,220
Sep 20013024.262.25$73
Aug 20015024.873.05$124
Jul 20012023.933.20$48
Jun 20011024.563.82$25
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 200194027.755.77$2,609
Jan 20010027.478.40$0
Dec 2000128026.889.12$3,441
Nov 20000032.215.66$0
Oct 2000119031.235.15$3,716
Sep 20000031.875.19$0
Aug 2000171029.644.54$5,068
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997168020.492.21$3,442
Jan 199703623.483.54$127
Dec 199606323.32$0
Nov 19961901521.97$4,174
Oct 199602723.31$0
Sep 19961841522.22$4,088
Aug 199608820.26$0
Jul 199615914519.55$3,108
Jun 199614114118.73$2,641
May 199615019719.43$2,915
Apr 19961679321.51$3,592
Mar 19968910519.38$1,725
Feb 19961769516.98$2,988
Jan 19968510817.07$1,451
Dec 19951959517.19$3,352
Nov 19959219216.00$1,472
Oct 19951468315.43$2,253
Sep 19951548216.18$2,492
Aug 19951835215.92$2,913
Jul 19951363015.24$2,073
Jun 19952143316.41$3,512
May 19951143217.56$2,002
Apr 19951558817.73$2,748
Mar 1995889716.44$1,447
Feb 19951588716.58$2,620
Jan 19952719415.92$4,314
Dec 19941035615.03$1,548
Nov 19941897315.90$3,005
Oct 199413810015.58$2,150
Sep 199418910115.29$2,890
Aug 19947010216.13$1,129
Jul 19941479917.56$2,581
Jun 19942634817.09$4,495
May 199472815.88$1,143
Apr 19941361114.14$1,923
Mar 19941687312.46$2,093
Feb 199411814712.50$1,475
Jan 199417416412.66$2,203
Dec 199321116012.33$2,602
Nov 199311918314.49$1,724
Oct 199319619015.85$3,107
Sep 199326920215.03$4,043
Aug 19938622915.66$1,347
Jul 199313220515.46$2,041
Jun 199311122116.79$1,864
May 19931294117.68$2,281
Apr 19931186118.05$2,130
Mar 19931209618.14$2,177
Feb 199322312117.90$3,992
Jan 199310711916.93$1,812

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 2026 — as filed, then multipliedworked
Oil                  957 bbl  × $106.41 =   $101,834
Casinghead gas       410 Mcf  × $  3.05 =     $1,249

────────────────────────────────────────────────────
Month total                                 $103,083

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. 08/O/25381 is the state's own key, not one this site invented.