SIGHT FOR SORE EYES

Name: SIGHT FOR SORE EYES lease production and value, Jul 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 37352District 08Field 60137001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$8.8 M

Jul 2004 – Nov 2014

Value, last 12 filed months

$383 k

at the published price for each month

Months reported

125

no gaps in the span

Streams

oil, casinghead gas

The MEANS field

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 70 leases and 1,755 wells, and the rule below applies to all of them.

Discovered

1934-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 ft

minimum

From a lease line

510 ft

minimum

A drilling unit in this field needs at least 20 acres.

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: “SURVEYS”

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.

Stream	Basis	Volume	Value
Oil	Disposition	119,885 bbl	$8,472,979
Casinghead gas	Production	56,205 Mcf	$358,429
Total			$8,831,408

Wells on this lease (6)

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 32.5012, -102.6149. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.50102, -102.61620 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

6 of 6 wells

With a plug date

0.0%

0 of 6 wells

Median depth

5,177 ft

6 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

6100.0%

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.

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 4,930 and 5,270 ft, median 5,177 ft, over the 6 wells that filed a depth.

Completions filed

Aug 2004 – Apr 2006

6 of 6 wells

6 wells


42-00339809	6	5,200 ft	Apr 2006	—	Yes
42-00339679	5	5,153 ft	Jan 2006	—	Yes
42-00339491	3	5,270 ft	May 2005	—	Yes
42-00339490	4	5,200 ft	Apr 2005	—	Yes
42-00339376	2	5,000 ft	Nov 2004	—	Yes
42-00339262	1	4,930 ft	Aug 2004	—	Yes

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 (125)

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

125 months


Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	837	155	94.73	4.73	$80,022
Apr 2014	510	152	95.94	4.81	$49,660
Mar 2014	556	0	95.89	5.06	$53,315
Feb 2014	527	147	97.40	6.19	$52,240
Jan 2014	699	148	90.40	4.86	$63,909
Dec 2013	901	154	91.82	4.35	$83,400
Nov 2013	360	93	88.85	3.74	$32,334
Oct 2013	355	88	97.42	3.78	$34,917
Sep 2013	528	107	104.11	3.72	$55,368
Aug 2013	688	90	104.25	3.52	$72,041
Jul 2013	694	70	102.52	3.72	$71,409
Jun 2013	539	58	94.40	3.93	$51,110
May 2013	900	70	94.83	4.15	$85,637
Apr 2013	482	218	93.96	4.28	$46,222
Mar 2013	543	167	93.62	3.91	$51,489
Feb 2013	328	191	91.23	3.42	$30,577
Jan 2013	663	207	91.60	3.42	$61,439
Dec 2012	510	207	86.77	3.42	$44,961
Nov 2012	715	305	86.95	3.62	$63,275
Oct 2012	713	319	89.38	3.40	$64,812
Sep 2012	524	363	94.67	2.92	$50,666
Aug 2012	686	305	92.66	2.91	$64,452
Jul 2012	689	401	85.13	3.02	$59,866
Jun 2012	519	363	79.82	2.52	$42,341
May 2012	700	389	91.61	2.49	$65,095
Apr 2012	714	261	101.65	2.00	$73,099
Mar 2012	505	196	105.05	2.22	$53,486
Feb 2012	519	134	101.10	2.57	$52,815
Jan 2012	878	613	98.09	2.73	$87,799
Dec 2011	698	306	96.87	3.24	$68,607
Nov 2011	585	302	95.72	3.31	$56,996
Oct 2011	697	441	84.98	3.65	$60,840
Sep 2011	518	638	83.62	3.99	$45,858
Aug 2011	802	703	83.40	4.15	$69,804
Jul 2011	512	740	94.14	4.52	$51,542
Jun 2011	678	325	92.90	4.64	$64,494
May 2011	850	322	98.13	4.40	$84,829
Apr 2011	846	157	105.96	4.33	$90,322
Mar 2011	515	148	96.36	4.06	$50,226
Feb 2011	504	360	85.64	4.18	$44,667
Jan 2011	694	462	86.50	4.59	$62,151
Dec 2010	495	365	85.73	4.35	$44,023
Nov 2010	832	456	80.84	3.80	$68,990
Oct 2010	808	213	78.10	3.51	$63,852
Sep 2010	692	98	72.63	3.98	$50,650
Aug 2010	688	313	73.68	4.42	$52,075
Jul 2010	847	376	72.55	4.74	$63,231
Jun 2010	616	312	70.36	4.91	$44,874
May 2010	859	207	71.12	4.24	$61,969
Apr 2010	691	285	81.69	4.12	$57,623
Mar 2010	835	312	78.39	4.39	$66,825
Feb 2010	850	253	73.58	5.44	$63,920
Jan 2010	860	200	74.36	5.96	$65,142
Dec 2009	680	201	71.44	5.48	$49,681
Nov 2009	837	402	74.59	3.75	$63,940
Oct 2009	700	171	72.54	4.11	$51,481
Sep 2009	870	369	65.54	3.06	$58,151
Aug 2009	1,020	336	67.42	3.22	$69,850
Jul 2009	664	474	61.13	3.46	$42,232
Jun 2009	859	451	66.16	3.90	$58,588
May 2009	837	358	54.74	3.93	$47,223
Apr 2009	816	339	46.77	3.59	$39,380
Mar 2009	993	390	42.14	4.06	$43,428
Feb 2009	820	411	32.81	4.63	$28,808
Jan 2009	866	430	35.86	5.37	$33,364
Dec 2008	1,177	542	37.10	5.98	$46,906
Nov 2008	681	419	55.49	6.86	$40,663
Oct 2008	978	573	75.24	6.92	$77,551
Sep 2008	1,011	26	101.76	7.88	$103,084
Aug 2008	1,034	387	114.22	8.48	$121,386
Jul 2008	886	665	131.08	11.39	$123,711
Jun 2008	851	582	131.33	13.03	$119,347
May 2008	1,126	530	123.17	11.57	$144,824
Apr 2008	933	345	110.31	10.45	$106,526
Mar 2008	1,043	254	101.90	9.66	$108,736
Feb 2008	1,012	435	92.53	8.77	$97,456
Jan 2008	1,193	442	90.38	8.21	$111,450
Dec 2007	1,228	593	88.33	7.30	$112,799
Nov 2007	1,021	667	91.67	7.29	$98,459
Oct 2007	1,049	747	82.85	6.92	$92,080
Sep 2007	1,227	807	75.84	6.24	$98,095
Aug 2007	1,045	868	69.06	6.39	$77,712
Jul 2007	1,213	872	70.90	6.39	$91,572
Jun 2007	1,046	730	62.00	7.55	$70,362
May 2007	1,411	834	58.74	7.85	$89,426
Apr 2007	1,193	817	59.61	7.81	$77,492
Mar 2007	1,382	880	56.92	7.30	$85,089
Feb 2007	1,359	643	55.10	8.22	$80,164
Jan 2007	1,222	701	50.30	6.73	$66,182
Dec 2006	1,348	830	56.65	6.92	$82,107
Nov 2006	1,535	897	54.20	7.62	$90,030
Oct 2006	1,524	849	54.90	6.01	$88,773
Sep 2006	1,537	988	60.08	5.04	$97,320
Aug 2006	1,695	896	68.71	7.34	$123,040
Jul 2006	1,538	1,019	69.37	6.34	$113,154
Jun 2006	1,344	854	66.28	6.38	$94,532
May 2006	1,863	948	66.01	6.42	$129,068
Apr 2006	1,872	964	64.39	7.36	$127,634
Mar 2006	2,044	907	56.70	7.08	$122,319
Feb 2006	2,418	964	57.59	7.75	$146,725
Jan 2006	2,052	1,052	60.59	8.93	$133,729
Dec 2005	1,543	614	54.94	13.42	$93,009
Nov 2005	1,537	483	54.69	10.59	$89,173
Oct 2005	849	401	58.34	13.80	$55,063
Sep 2005	1,733	650	61.45	12.08	$114,344
Aug 2005	1,717	685	61.51	9.80	$112,324
Jul 2005	2,208	556	55.69	7.84	$127,325
Jun 2005	2,739	1,178	52.33	7.38	$152,027
May 2005	3,066	933	45.22	6.65	$144,850
Apr 2005	1,473	457	49.20	7.36	$75,835
Mar 2005	1,718	635	50.37	7.15	$91,079
Feb 2005	1,366	700	45.22	6.31	$66,189
Jan 2005	1,546	860	43.16	6.32	$72,162
Dec 2004	1,813	985	39.86	6.75	$78,916
Nov 2004	840	508	45.28	6.33	$41,251
Oct 2004	1,216	802	49.70	6.52	$65,660
Sep 2004	1,532	762	43.24	5.28	$70,270
Aug 2004	1,182	660	42.37	5.55	$53,745
Jul 2004	0	212	38.28	6.08	$1,290

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 2014 — as filed, then multipliedworked

Oil                  837 bbl  × $ 94.73 =    $79,289
Casinghead gas       155 Mcf  × $  4.73 =       $733

────────────────────────────────────────────────────
Month total                                  $80,022

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/37352 is the state's own key, not one this site invented.