STATE -KK-

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

Oil lease lease 40034District 08Field 92618625Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.5 M
Nov 2009 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
199
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 13 leases and 20 wells, and the rule below applies to all of them.

Discovered
1958-11-10
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
OilDisposition19,472 bbl$1,437,752
Casinghead gasProduction10,009 Mcf$37,992
Total$1,475,744

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 31.5093, -102.4569. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50926, -102.45690 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,300 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
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.
1100.0%

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 9,300 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-10310136139,300 ftNov 2009

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 (199)

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

199 months

May 20261014106.413.05$10,760
Apr 2026135798.932.87$13,376
Mar 2026166089.753.15$14,899
Feb 202670063.503.75$4,445
Jan 202657559.138.00$3,410
Dec 2025811356.664.41$4,647
Nov 2025851058.593.93$5,019
Oct 2025611459.383.30$3,668
Sep 2025801762.743.08$5,072
Aug 2025882763.933.01$5,707
Jul 2025492666.743.32$3,356
Jun 2025372566.483.13$2,538
May 2025402060.553.23$2,487
Apr 2025813462.363.54$5,172
Mar 2025391867.704.27$2,717
Feb 20252471770.884.34$17,581
Jan 2025404474.324.28$30,042
Dec 2024128068.993.12$8,831
Nov 202422469.052.20$1,528
Oct 202429471.372.28$2,079
Sep 202430369.612.36$2,095
Aug 2024441075.632.06$3,348
Jul 2024591979.932.15$4,757
Jun 2024401778.082.63$3,168
May 2024421478.812.20$3,341
Apr 2024751084.451.66$6,350
Mar 2024521080.301.55$4,191
Feb 202472876.091.78$5,493
Jan 202446373.023.30$3,369
Dec 202331871.262.61$2,230
Nov 2023321077.892.81$2,521
Oct 2023331485.443.09$2,863
Sep 2023392189.042.74$3,530
Aug 2023502480.522.67$4,090
Jul 2023522874.852.64$3,966
Jun 2023512068.962.26$3,562
May 2023381670.622.23$2,719
Apr 2023361478.122.24$2,844
Mar 2023391172.852.39$2,867
Feb 202328075.112.47$2,103
Jan 202361376.533.39$4,678
Dec 2022751576.415.73$5,817
Nov 2022751585.005.65$6,460
Oct 2022601487.185.86$5,313
Sep 2022431084.888.16$3,731
Aug 2022501494.529.13$4,854
Jul 20225619101.587.54$5,832
Jun 20225618115.097.98$6,589
May 20226118109.378.43$6,823
Apr 20225520104.226.84$5,869
Mar 20225417108.885.08$5,966
Feb 2022492291.054.86$4,568
Jan 2022771881.844.54$6,383
Dec 2021571571.323.90$4,124
Nov 2021501277.435.24$3,934
Oct 202137879.795.71$2,998
Sep 202131969.865.35$2,214
Aug 202130466.024.22$1,997
Jul 2021261870.783.98$1,912
Jun 2021451469.493.38$3,174
May 202165963.483.02$4,153
Apr 202174960.362.76$4,491
Mar 202169961.302.72$4,254
Feb 202156557.805.55$3,265
Jan 2021831050.412.81$4,212
Dec 202051644.642.68$2,293
Nov 202038738.772.71$1,492
Oct 202035036.972.48$1,294
Sep 202013037.091.99$482
Aug 202042039.982.39$1,679
Jul 202048038.371.83$1,842
Jun 202040934.901.69$1,411
May 20200016.921.81$0
Apr 202081314.751.80$1,200
Mar 202094030.341.86$2,852
Feb 202094049.881.98$4,689
Jan 2020102057.252.09$5,840
Dec 2019122059.012.30$7,199
Nov 2019223055.302.75$12,332
Oct 2019186453.472.42$9,955
Sep 201921155.052.66$1,159
Aug 20195053.112.30$266
Jul 201950056.272.46$2,814
Jun 2019114052.782.49$6,017
May 201987058.482.74$5,088
Apr 20191111162.632.75$6,982
Mar 20191111256.803.06$6,342
Feb 20191281550.852.79$6,551
Jan 20191041846.033.23$4,845
Dec 20181281746.594.19$6,035
Nov 20181052552.934.24$5,664
Oct 20181643161.443.40$10,182
Sep 2018904859.543.11$5,508
Aug 20186511859.403.07$4,223
Jul 2018546565.142.93$3,708
Jun 20180060.183.08$0
May 201813065.382.90$850
Apr 201832063.842.90$2,043
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201814062.874.01$880
Dec 20170057.272.92$0
Nov 2017271355.423.12$1,537
Oct 20177049.292.98$345
Sep 201726747.523.09$1,257
Aug 201704145.373.00$123
Jul 2017738743.873.09$3,471
Jun 201711510042.493.09$5,195
May 20171049645.373.26$5,032
Apr 20179811347.933.21$5,060
Mar 2017344246.772.98$1,715
Feb 2017883150.452.95$4,531
Jan 201714649.413.42$712
Dec 2016631248.763.72$3,117
Nov 2016781642.492.64$3,357
Oct 2016691246.193.09$3,224
Sep 201658041.553.10$2,410
Aug 201668041.442.92$2,818
Jul 201662041.622.92$2,580
Jun 2016482045.352.69$2,231
May 20169042.521.99$383
Apr 2016472736.561.99$1,772
Mar 2016875833.011.79$2,976
Feb 2016705426.472.06$1,964
Jan 20161005927.352.36$2,875
Dec 2015878632.362.00$2,987
Nov 2015777438.792.17$3,147
Oct 2015887943.552.43$4,024
Sep 20159612142.992.76$4,461
Aug 20158813040.162.87$3,908
Jul 20158214548.152.95$4,375
Jun 20151015756.152.88$5,835
May 20151034855.212.96$5,828
Apr 2015699949.822.71$3,706
Mar 201513311042.892.93$6,027
Feb 2015967044.662.98$4,496
Jan 20151305643.433.10$5,820
Dec 201414110954.693.59$8,103
Nov 20141346470.464.25$9,714
Oct 20141515678.303.90$12,042
Sep 20141034186.164.05$9,040
Aug 20141356289.394.04$12,318
Jul 201413411596.564.18$13,420
Jun 20141055898.164.74$10,582
May 2014774794.734.73$7,516
Apr 2014836695.944.81$8,280
Mar 2014966895.895.06$9,549
Feb 2014828097.406.19$8,482
Jan 20141147990.404.86$10,690
Dec 20131447591.824.35$13,549
Nov 20131088188.853.74$9,899
Oct 201310610397.423.78$10,716
Sep 2013100120104.113.72$10,857
Aug 201394100104.253.52$10,152
Jul 201310290102.523.72$10,792
Jun 20137510294.403.93$7,481
May 20131039194.834.15$10,145
Apr 2013504793.964.28$4,899
Mar 2013382593.623.91$3,655
Feb 2013957291.233.42$8,913
Jan 20131077891.603.42$10,068
Dec 20121397386.773.42$12,311
Nov 20121307286.953.62$11,565
Oct 20121818389.383.40$16,460
Sep 201216611494.672.92$16,048
Aug 201215316292.662.91$14,648
Jul 20121379685.133.02$11,953
Jun 2012978379.822.52$7,952
May 2012563091.612.49$5,205
Apr 20129980101.652.00$10,223
Mar 201214477105.052.22$15,298
Feb 201215672101.102.57$15,957
Jan 20121939998.092.73$19,202
Dec 201117310396.873.24$17,092
Nov 201118010295.723.31$17,567
Oct 201119712084.983.65$17,179
Sep 201122614683.623.99$19,480
Aug 201122016383.404.15$19,024
Jul 201122816194.144.52$22,191
Jun 201120241392.904.64$20,682
May 201113521198.134.40$14,177
Apr 2011160203105.964.33$17,833
Mar 201119529396.364.06$19,979
Feb 201121014085.644.18$18,570
Jan 201127015886.504.59$24,080
Dec 201034221285.734.35$30,241
Nov 201035014980.843.80$28,860
Oct 201035017478.103.51$27,946
Sep 2010291072.633.98$21,135
Aug 201017911273.684.42$13,684
Jul 201019512572.554.74$14,739
Jun 201019112370.364.91$14,043
May 201017712671.124.24$13,122
Apr 201018217481.694.12$15,585
Mar 201030316678.394.39$24,481
Feb 201033214273.585.44$25,201
Jan 201036314874.365.96$27,875
Dec 200934918271.445.48$25,931
Nov 20090074.593.75$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.

May 2026 — as filed, then multipliedworked
Oil                  101 bbl  × $106.41 =    $10,747
Casinghead gas         4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                  $10,760

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/40034 is the state's own key, not one this site invented.