ARMSTRONG

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 38884District 08Field 60137001Hydrogen sulphide fieldOilSaveExport
Value, all time
$1.5 M
Aug 2008 – Nov 2019
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
136
no gaps in the span
Streams
1
oil

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.

StreamBasisVolumeValue
OilDisposition21,705 bbl$1,525,777
Total$1,525,777

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 32.3704, -102.5682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37044, -102.56822 · 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
0.0%
0 of 1 wells
Median depth
4,737 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 4,737 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-0034043914,737 ftAug 2008Yes

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 (136)

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

136 months

Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 201925152.782.49$13,248
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 201917156.803.06$9,713
Feb 2019050.852.79$0
Jan 201914946.033.23$6,858
Dec 2018046.594.19$0
Nov 2018152.934.24$53
Oct 201816061.443.40$9,830
Sep 201815659.543.11$9,288
Aug 201817259.403.07$10,217
Jul 201851465.142.93$33,482
Jun 201815360.183.08$9,208
May 201816565.382.90$10,788
Apr 2018063.842.90$0
Mar 201815061.222.79$9,183
Feb 201816861.782.77$10,379
Jan 201816662.874.01$10,436
Dec 201732257.272.92$18,441
Nov 2017055.423.12$0
Oct 201716149.292.98$7,936
Sep 201716047.523.09$7,603
Aug 2017045.373.00$0
Jul 201716343.873.09$7,151
Jun 201716842.493.09$7,138
May 201715145.373.26$6,851
Apr 201716947.933.21$8,100
Mar 2017046.772.98$0
Feb 201716150.452.95$8,122
Jan 201716949.413.42$8,350
Dec 2016048.763.72$0
Nov 201616242.492.64$6,883
Oct 201615646.193.09$7,206
Sep 201615941.553.10$6,606
Aug 201616041.442.92$6,630
Jul 201616641.622.92$6,909
Jun 2016045.352.69$0
May 201633642.521.99$14,287
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 201616126.472.06$4,262
Jan 201618127.352.36$4,950
Dec 201518432.362.00$5,954
Nov 201515838.792.17$6,129
Oct 201517443.552.43$7,578
Sep 201517242.992.76$7,394
Aug 2015040.162.87$0
Jul 201517348.152.95$8,330
Jun 201517056.152.88$9,546
May 201517055.212.96$9,386
Apr 201516949.822.71$8,420
Mar 201516842.892.93$7,206
Feb 2015044.662.98$0
Jan 201517743.433.10$7,687
Dec 201417254.693.59$9,407
Nov 201418170.464.25$12,753
Oct 2014078.303.90$0
Sep 201417786.164.05$15,250
Aug 201417589.394.04$15,643
Jul 201417396.564.18$16,705
Jun 201416298.164.74$15,902
May 201417694.734.73$16,672
Apr 201417895.944.81$17,077
Mar 2014095.895.06$0
Feb 201417297.406.19$16,753
Jan 201417190.404.86$15,458
Dec 201317991.824.35$16,436
Nov 201318388.853.74$16,260
Oct 201317697.423.78$17,146
Sep 2013175104.113.72$18,219
Aug 2013163104.253.52$16,993
Jul 20132102.523.72$205
Jun 201317694.403.93$16,614
May 201317294.834.15$16,311
Apr 201317393.964.28$16,255
Mar 201317593.623.91$16,384
Feb 201317491.233.42$15,874
Jan 201317591.603.42$16,030
Dec 201218586.773.42$16,052
Nov 201217686.953.62$15,303
Oct 201217389.383.40$15,463
Sep 201217594.672.92$16,567
Aug 201217692.662.91$16,308
Jul 201217485.133.02$14,813
Jun 201217379.822.52$13,809
May 2012091.612.49$0
Apr 2012175101.652.00$17,789
Mar 2012173105.052.22$18,174
Feb 2012173101.102.57$17,490
Jan 201217598.092.73$17,166
Dec 201133496.873.24$32,355
Nov 2011095.723.31$0
Oct 201117584.983.65$14,872
Sep 201135683.623.99$29,769
Aug 201117283.404.15$14,345
Jul 201117294.144.52$16,192
Jun 201117392.904.64$16,072
May 201118198.134.40$17,762
Apr 2011179105.964.33$18,967
Mar 201117496.364.06$16,767
Feb 201117485.644.18$14,901
Jan 201117686.504.59$15,224
Dec 201017585.734.35$15,003
Nov 201017380.843.80$13,985
Oct 201032978.103.51$25,695
Sep 201017372.633.98$12,565
Aug 201017373.684.42$12,747
Jul 201017472.554.74$12,624
Jun 201017370.364.91$12,172
May 201035671.124.24$25,319
Apr 201017381.694.12$14,132
Mar 201017878.394.39$13,953
Feb 201035073.585.44$25,753
Jan 201017574.365.96$13,013
Dec 200917371.445.48$12,359
Nov 200917474.593.75$12,979
Oct 200917472.544.11$12,622
Sep 200935965.543.06$23,529
Aug 200917467.423.22$11,731
Jul 200917461.133.46$10,637
Jun 200917466.163.90$11,512
May 200917454.743.93$9,525
Apr 200935646.773.59$16,650
Mar 200917642.144.06$7,417
Feb 200917932.814.63$5,873
Jan 200935835.865.37$12,838
Dec 200834937.105.98$12,948
Nov 200818255.496.86$10,099
Oct 200835475.246.92$26,635
Sep 2008523101.767.88$53,220
Aug 20080114.228.48$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.

Jun 2019 — as filed, then multipliedworked
Oil                  251 bbl  × $ 52.78 =    $13,248

────────────────────────────────────────────────────
Month total                                  $13,248

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/38884 is the state's own key, not one this site invented.