MILLARD "D"

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

Oil lease lease 34423District 08Field 70537660Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.5 M
Feb 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
376
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 3 leases and 6 wells, and the rule below applies to all of them.

Discovered
1952-09-05
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

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
OilDisposition211,085 bbl$5,877,823
Casinghead gasProduction226,969 Mcf$667,020
Total$6,544,842

69,156 Mcf of this lease's gas, across 23 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 (4)

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 31.7376, -102.6359. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.73732, -102.63504 · 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
75.0%
3 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
8,639 ft
4 wells filed one
Completion to plug
4.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 8,583 and 8,885 ft, median 8,639 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1995 – Dec 2022
4 of 4 wells
Plug dates filed
Nov 2001
1 of 4 wells; 3 filed none

Last completion to plug: a median of 4.3 years across the 1 well that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-135072671W8,640 ftDec 2022Yes
42-1350727048,638 ftApr 2002Yes
42-1350727158,885 ftJul 1997Nov 2001Yes
42-1350726828,583 ftFeb 1995

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 (376)

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

376 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20181063.842.90$64
Mar 2018169861.222.79$1,253
Feb 20182722761.782.77$2,296
Jan 20184217262.874.01$3,330
Dec 20174129557.272.92$3,210
Nov 20171723655.423.12$1,678
Oct 20173316449.292.98$2,116
Sep 20172916347.523.09$1,881
Aug 20173031645.373.00$2,310
Jul 20174025143.873.09$2,530
Jun 20173019142.493.09$1,864
May 20171010145.373.26$783
Apr 20173020847.933.21$2,106
Mar 20172122846.772.98$1,662
Feb 20172919550.452.95$2,039
Jan 20174119049.413.42$2,675
Dec 20162110948.763.72$1,430
Nov 2016148342.492.64$814
Oct 201681346.193.09$410
Sep 2016306341.553.10$1,442
Aug 201612614441.442.92$5,643
Jul 201615111941.622.92$6,633
Jun 201610411345.352.69$5,020
May 201610412342.521.99$4,667
Apr 20161759636.561.99$6,589
Mar 20161007333.011.79$3,432
Feb 201613225626.472.06$4,022
Jan 201616912027.352.36$4,906
Dec 201515710432.362.00$5,289
Nov 20151284438.792.17$5,060
Oct 20151612643.552.43$7,075
Sep 20151594742.992.76$6,965
Aug 20151063940.162.87$4,369
Jul 20151416448.152.95$6,978
Jun 20151277556.152.88$7,347
May 2015154055.212.96$8,502
Apr 2015838749.822.71$4,371
Mar 20152242.892.93$92
Feb 20150044.662.98$0
Jan 2015111043.433.10$4,821
Dec 20141067354.693.59$6,059
Nov 2014965970.464.25$7,015
Oct 2014892078.303.90$7,047
Sep 2014905486.164.05$7,973
Aug 2014853889.394.04$7,751
Jul 20141845996.564.18$18,014
Jun 20141406298.164.74$14,036
May 20141035994.734.73$10,036
Apr 2014974895.944.81$9,537
Mar 20141232595.895.06$11,921
Feb 2014701797.406.19$6,923
Jan 2014881990.404.86$8,048
Dec 20131334291.824.35$12,395
Nov 20131022188.853.74$9,141
Oct 20131486997.423.78$14,679
Sep 20137352104.113.72$7,793
Aug 201321493104.253.52$22,637
Jul 201316996102.523.72$17,683
Jun 20132028894.403.93$19,415
May 20131124994.834.15$10,824
Apr 20131111793.964.28$10,502
Mar 20131021293.623.91$9,596
Feb 2013802591.233.42$7,384
Jan 2013791191.603.42$7,274
Dec 2012591386.773.42$5,164
Nov 2012981786.953.62$8,583
Oct 20121223389.383.40$11,017
Sep 20121081094.672.92$10,254
Aug 2012982392.662.91$9,148
Jul 2012983485.133.02$8,445
Jun 2012972379.822.52$7,800
May 20121163391.612.49$10,709
Apr 201211628101.652.00$11,847
Mar 20129780105.052.22$10,368
Feb 201291102101.102.57$9,462
Jan 201211211198.092.73$11,290
Dec 20116013296.873.24$6,240
Nov 2011729595.723.31$7,206
Oct 20119111584.983.65$8,153
Sep 20118512083.623.99$7,586
Aug 20117513083.404.15$6,794
Jul 20117315194.144.52$7,554
Jun 2011398492.904.64$4,013
May 2011285698.134.40$2,994
Apr 20112726105.964.33$2,974
Mar 2011286196.364.06$2,946
Feb 2011284085.644.18$2,565
Jan 2011245986.504.59$2,347
Dec 2010396985.734.35$3,643
Nov 2010564580.843.80$4,698
Oct 2010644978.103.51$5,170
Sep 2010696972.633.98$5,286
Aug 201015714073.684.42$12,186
Jul 201016013672.554.74$12,252
Jun 201011713570.364.91$8,895
May 201016314371.124.24$12,198
Apr 201016314881.694.12$13,926
Mar 201016414978.394.39$13,510
Feb 201012212773.585.44$9,668
Jan 201016413374.365.96$12,988
Dec 200917113071.445.48$12,929
Nov 200912616874.593.75$10,029
Oct 200911617872.544.11$9,146
Sep 200911416165.543.06$7,965
Aug 200914216867.423.22$10,114
Jul 20098611761.133.46$5,663
Jun 200911115366.163.90$7,940
May 20099111754.743.93$5,441
Apr 20097814046.773.59$4,150
Mar 2009759742.144.06$3,554
Feb 20097512732.814.63$3,049
Jan 2009775235.865.37$3,041
Dec 20088214237.105.98$3,891
Nov 200812415655.496.86$7,951
Oct 200817314075.246.92$13,986
Sep 200810382101.767.88$11,127
Aug 2008136139114.228.48$16,713
Jul 2008102147131.0811.39$15,044
Jun 2008112101131.3313.03$16,025
May 2008100130123.1711.57$13,822
Apr 20085431110.3110.45$6,281
Mar 2008113138101.909.66$12,848
Feb 200811916392.538.77$12,441
Jan 200819421090.388.21$19,257
Dec 20075513588.337.30$5,844
Nov 2007569891.677.29$5,848
Oct 2007389982.856.92$3,834
Sep 200711511675.846.24$9,446
Aug 200753073969.066.39$41,322
Jul 200771565970.906.39$54,903
Jun 200770867862.007.55$49,014
May 200768069058.747.85$45,357
Apr 200729952359.617.81$21,906
Mar 200763684356.927.30$42,357
Feb 200762579455.108.22$40,961
Jan 200760775350.306.73$35,597
Dec 200661290156.656.92$40,903
Nov 200670158354.207.62$42,435
Oct 200624463254.906.01$17,196
Sep 2006201060.085.04$12,076
Aug 20065791,00368.717.34$47,145
Jul 20066481,11769.376.34$52,037
Jun 200686970866.286.38$62,117
May 200685966466.016.42$60,969
Apr 20069291,28564.397.36$69,277
Mar 20061,0911,25856.707.08$70,770
Feb 20069251,00357.597.75$61,045
Jan 20061,2161,34560.598.93$85,693
Dec 20051,0441,22454.9413.42$73,778
Nov 20051,1811,27054.6910.59$78,036
Oct 20051,1941,53758.3413.80$90,862
Sep 20051,2001,33761.4512.08$89,890
Aug 20059071,31061.519.80$68,623
Jul 20051,2431,36255.697.84$79,906
Jun 20059351,48152.337.38$59,860
May 20051,0891,37345.226.65$58,377
Apr 20051,1431,04749.207.36$63,942
Mar 20051,5422,01150.377.15$92,059
Feb 20051,0061,21545.226.31$53,160
Jan 20059231,18743.166.32$47,341
Dec 20041,04895739.866.75$48,234
Nov 200473291945.286.33$38,963
Oct 20041,1751,05149.706.52$65,245
Sep 20041,20698043.245.28$57,326
Aug 20041,02198442.375.55$48,722
Jul 20041,0081,10938.286.08$45,334
Jun 200490597536.106.43$38,943
May 20041,13292837.486.49$48,454
Apr 20041,00288634.475.86$39,730
Mar 200429616934.365.53$11,105
Feb 200437615032.455.51$13,028
Jan 20041,02980032.036.30$37,999
Dec 20031,07078930.266.30$37,350
Nov 20031,16783428.804.60$37,442
Oct 20031,23393428.174.76$39,179
Sep 20031,2831,01726.314.75$38,586
Aug 20031,5921,16029.765.13$53,328
Jul 20032,2611,29829.415.17$73,208
Jun 20032,16810228.565.98$62,528
May 20031,72688926.595.97$51,204
Apr 200312414926.675.41$4,113
Mar 200311815531.146.10$4,619
Feb 200312214733.487.93$5,250
Jan 200313819330.315.58$5,260
Dec 200218823626.914.85$6,205
Nov 200216423224.664.14$5,004
Oct 200215523826.464.23$5,108
Sep 200210612327.443.64$3,356
Aug 200213914225.963.16$4,058
Jul 200214420924.583.06$4,179
Jun 20029517523.733.34$2,839
May 200213415224.663.58$3,849
Apr 200216612523.653.51$4,365
Mar 200221516722.003.10$5,248
Feb 200218918018.222.38$3,871
Jan 200223518917.172.38$4,484
Dec 200123824816.932.36$4,616
Nov 200122233318.072.41$4,813
Oct 200126730619.782.53$6,055
Sep 200127828124.262.25$7,377
Aug 200139439124.873.05$10,993
Jul 200137043723.933.20$10,251
Jun 200147243224.563.82$13,244
May 200147531125.524.31$13,462
Apr 200147126024.685.34$13,011
Mar 200152226024.545.38$14,208
Feb 200158522527.755.77$17,531
Jan 200163220727.478.40$19,100
Dec 200057030826.889.12$18,131
Nov 200042525232.215.66$15,115
Oct 200049428731.235.15$16,904
Sep 200068676831.875.19$25,846
Aug 200061555229.644.54$20,735
Jul 200051637828.534.09$16,267
Jun 200084657429.304.40$27,312
May 20001,32658527.263.68$38,299
Apr 20002,1451,48724.513.12$57,207
Mar 20002,3302,78628.422.86$74,186
Feb 20002,0943,26727.622.73$66,744
Jan 20002,1673,12525.272.48$62,512
Dec 19992,1401,13524.282.42$54,710
Nov 19992,1871,06723.192.43$53,314
Oct 19992,3671,19820.982.80$53,019
Sep 19992,3771,13821.752.62$54,680
Aug 19992,1491,22319.262.88$44,907
Jul 19992,1421,19217.892.37$41,148
Jun 19992,13982815.942.36$36,051
May 19992,43087515.792.32$40,401
Apr 19992,5701,11115.102.21$41,260
Mar 19993,0031,78612.471.84$40,731
Feb 19993,3441,9429.981.82$36,903
Jan 19993,9222,18310.381.90$44,858
Dec 19983,2161,8719.201.77$32,905
Nov 19983,7522,32510.892.19$45,941
Oct 19983,9762,58812.421.97$54,478
Sep 19982,9162,01312.592.08$40,905
Aug 19982,9902,13511.301.91$37,859
Jul 19982,7702,43011.742.24$37,956
Jun 19982,0661,83711.242.24$27,332
May 19981,7771,72812.622.21$26,238
Apr 19981,6201,68213.042.51$25,339
Mar 19981,4352,00312.802.31$22,994
Feb 19981,0321,97813.952.30$18,944
Jan 19989962,35314.702.15$19,711
Dec 19978922,23916.322.41$19,956
Nov 19971,1172,32918.193.09$27,511
Oct 19971,2142,39119.253.15$30,901
Sep 19979832,96417.742.95$26,197
Aug 19978062,76417.862.55$21,456
Jul 19971,0683,72517.582.25$27,145
Jun 19971,4403,49217.242.26$32,708
May 19971,3023,31918.972.31$32,361
Apr 19971,2202,24817.882.08$26,496
Mar 19971,4832,58018.951.94$33,106
Feb 19971,5152,88320.492.21$37,402
Jan 19971,5903,42623.483.54$49,460
Dec 19961,6573,45923.32$38,641
Nov 19961,6833,78121.97$36,976
Oct 19961,8103,99723.31$42,191
Sep 19961,4933,30122.22$33,174
Aug 19961,5032,55320.26$30,451
Jul 19961,7562,69219.55$34,330
Jun 19961,6472,33718.73$30,848
May 19961,8932,56219.43$36,781
Apr 19961,9302,73521.51$41,514
Mar 19962,2262,35219.38$43,140
Feb 19962,0212,63016.98$34,317
Jan 19962,2742,58917.07$38,817
Dec 19952,2362,42517.19$38,437
Nov 19952,6902,67816.00$43,040
Oct 19952,2472,25715.43$34,671
Sep 19952,6542,28516.18$42,942
Aug 19952,0613,22315.92$32,811
Jul 19952,6522,49315.24$40,416
Jun 19952,9966,42516.41$49,164
May 19953,7123,73117.56$65,183
Apr 19954,6044,29917.73$81,629
Mar 19953,9723,06616.44$65,300
Feb 19951,4251,28616.58$23,627

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.

Apr 2018 — as filed, then multipliedworked
Oil                    1 bbl  × $ 63.84 =        $64
Casinghead gas         0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                      $64

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/34423 is the state's own key, not one this site invented.