UL13 KEENE

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

Oil lease lease 44406District 08Field 82572666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$27.6 M
Sep 2012 – May 2026
Value, last 12 filed months
$349 k
at the published price for each month
Months reported
165
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 77 leases and 314 wells, and the rule below applies to all of them.

Discovered
1952-10-03
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 5 acres. The field rule took effect on 2015-01-27.

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: AMENDED, P15'S, ACRES LIST, AND LEASE PLAT REQUIRED.

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
OilDisposition418,227 bbl$26,968,279
Casinghead gasProduction184,791 Mcf$604,210
Total$27,572,489

Wells on this lease (5)

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 32.4229, -102.7317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.42292, -102.73146 · 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
4,669 ft
5 wells filed one
Completion to plug
4.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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 4,622 and 4,772 ft, median 4,669 ft, over the 5 wells that filed a depth.

Completions filed
Sep 2012 – Nov 2020
5 of 5 wells
Plug dates filed
Mar 2018 – May 2024
2 of 5 wells; 3 filed none

Last completion to plug: a median of 4.5 years across the 2 wells that filed both dates, with the middle half between 4.0 years and 5.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-003456941412H4,622 ftNov 2020May 2024Yes
42-003469532412AH4,707 ftJul 2015
42-003463112412H4,772 ftSep 2014
42-003459294412AH4,669 ftMay 2014
42-003446473412H4,643 ftSep 2012Mar 2018Yes

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 (165)

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

165 months

May 2026394343106.413.05$42,970
Apr 202643337898.932.87$43,921
Mar 202647344289.753.15$43,844
Feb 202641640563.503.75$27,935
Jan 202646546659.138.00$31,222
Dec 202555861056.664.41$34,308
Nov 202575769758.593.93$47,089
Oct 20259111559.383.30$5,784
Sep 20258111662.743.08$5,439
Aug 202530638363.933.01$20,717
Jul 202530036966.743.32$21,245
Jun 202535438066.483.13$24,723
May 202533438960.553.23$21,481
Apr 202567364962.363.54$44,268
Mar 202570661967.704.27$50,438
Feb 202558555170.884.34$43,857
Jan 202557761674.324.28$45,518
Dec 202455157568.993.12$39,808
Nov 202446844769.052.20$33,298
Oct 202431327371.372.28$22,962
Sep 202433429169.612.36$23,938
Aug 202450341475.632.06$38,896
Jul 202448550279.932.15$39,844
Jun 202453651078.082.63$43,194
May 202438734278.812.20$31,251
Apr 202435426584.451.66$30,335
Mar 202451046680.301.55$41,673
Feb 202452447376.091.78$40,715
Jan 202454549673.023.30$41,432
Dec 202355451571.262.61$40,823
Nov 202360052777.892.81$48,214
Oct 202360852485.443.09$53,565
Sep 202356950889.042.74$52,053
Aug 202366650980.522.67$54,987
Jul 202350045974.852.64$38,638
Jun 202349642268.962.26$35,157
May 202331826270.622.23$23,041
Apr 202356743378.122.24$45,263
Mar 202361361472.852.39$46,126
Feb 202365449475.112.47$50,340
Jan 202363954376.533.39$50,742
Dec 202261151876.415.73$49,654
Nov 202258347485.005.65$52,231
Oct 202253342387.185.86$48,947
Sep 202242535484.888.16$38,964
Aug 202230723594.529.13$31,163
Jul 2022343277101.587.54$36,931
Jun 2022534350115.097.98$64,250
May 2022744589109.378.43$86,338
Apr 2022735569104.226.84$80,492
Mar 2022752564108.885.08$84,741
Feb 202267652791.054.86$64,110
Jan 202272057381.844.54$61,525
Dec 202171047771.323.90$52,497
Nov 202163341577.435.24$51,186
Oct 202157539379.795.71$48,125
Sep 202149136469.865.35$36,249
Aug 202174453466.024.22$51,373
Jul 202199672070.783.98$73,364
Jun 202186961369.493.38$62,459
May 202186661263.483.02$56,820
Apr 202186758760.362.76$53,951
Mar 202166337861.302.72$41,669
Feb 202139822357.805.55$24,242
Jan 202144324550.412.81$23,020
Dec 202046324944.642.68$21,335
Nov 202083656238.772.71$33,933
Oct 20201,09468336.972.48$42,138
Sep 20201,12370837.091.99$43,062
Aug 202091960939.982.39$38,194
Jul 202092855738.371.83$36,624
Jun 20201,42277034.901.69$50,929
May 202074396016.921.81$14,314
Apr 202065056014.751.80$10,598
Mar 20201,31689430.341.86$41,587
Feb 20201,29183749.881.98$66,053
Jan 20201,46089757.252.09$85,464
Dec 20191,46289859.012.30$88,342
Nov 20191,32488355.302.75$75,646
Oct 20191,5311,02053.472.42$84,329
Sep 20191,49592455.052.66$84,755
Aug 20191,51580653.112.30$82,319
Jul 20191,57879156.272.46$90,740
Jun 20191,58878952.782.49$85,780
May 20191,63383858.482.74$97,794
Apr 20191,41273962.632.75$90,466
Mar 20191,55781356.803.06$90,927
Feb 20191,4691,01450.852.79$77,530
Jan 20191,50486346.033.23$72,015
Dec 20181,70486246.594.19$82,997
Nov 20181,41168352.934.24$77,578
Oct 20181,56971061.443.40$98,812
Sep 20181,67173059.543.11$101,760
Aug 20181,33594059.403.07$82,182
Jul 20181,3451,00865.142.93$90,569
Jun 20181,06777460.183.08$66,594
May 20181,5171,06665.382.90$102,274
Apr 20181,6731,14963.842.90$110,137
Mar 20181,6881,20861.222.79$106,706
Feb 20181,64497461.782.77$104,261
Jan 20181,90191762.874.01$123,192
Dec 20171,86782357.272.92$109,328
Nov 20172,12785755.423.12$120,551
Oct 20172,23399849.292.98$113,042
Sep 20172,2601,01147.523.09$110,516
Aug 20172,3941,04745.373.00$111,761
Jul 20172,5471,13843.873.09$115,250
Jun 20172,6221,15542.493.09$114,975
May 20173,0252,04645.373.26$143,921
Apr 20172,6211,47947.933.21$130,374
Mar 20172,8531,58646.772.98$138,167
Feb 20172,8601,44550.452.95$148,554
Jan 20173,2611,55149.413.42$166,429
Dec 20163,6821,61548.763.72$185,547
Nov 20163,3271,53942.492.64$145,434
Oct 20163,7691,74746.193.09$179,489
Sep 20164,2101,82041.553.10$180,569
Aug 20163,6572,30441.442.92$158,284
Jul 20163,4271,48041.622.92$146,960
Jun 20163,5901,53445.352.69$166,927
May 20164,2101,71142.521.99$182,416
Apr 20164,2621,93136.561.99$159,663
Mar 20165,1462,18133.011.79$173,782
Feb 20165,1752,21426.472.06$141,551
Jan 20166,0782,17427.352.36$171,373
Dec 20155,7783,05732.362.00$193,094
Nov 20157,3513,70338.792.17$293,171
Oct 20157,8123,66543.552.43$349,106
Sep 20158,0293,93442.992.76$356,018
Aug 201510,2124,03640.162.87$421,707
Jul 201510,7323,03948.152.95$525,696
Jun 20156,9402,05756.152.88$395,611
May 20157,3682,64855.212.96$414,613
Apr 20156,4761,91249.822.71$327,809
Mar 20159,0294,70542.892.93$401,062
Feb 20157,9153,19944.662.98$363,005
Jan 20157,8323,22243.433.10$350,134
Dec 20148,9004,53254.693.59$503,017
Nov 201411,2205,17570.464.25$812,564
Oct 201414,7785,73878.303.90$1,179,501
Sep 20149,6253,03786.164.05$841,576
Aug 20149,6633,44789.394.04$877,685
Jul 201411,0702,94396.564.18$1,081,220
Jun 201417,2541,08198.164.74$1,698,773
May 20145,50275794.734.73$524,782
Apr 20142,5571,02095.944.81$250,224
Mar 20143,9501,24595.895.06$385,061
Feb 20144,2831,21797.406.19$424,700
Jan 20144,96093090.404.86$452,904
Dec 20132,4231,44991.824.35$228,790
Nov 20132,4421,12488.853.74$221,174
Oct 20132,7591,30397.423.78$273,706
Sep 20132,7791,235104.113.72$293,913
Aug 20133,5771,529104.253.52$378,288
Jul 20133,9421,476102.523.72$409,621
Jun 20134,3491,56394.403.93$416,694
May 20135,3981,02294.834.15$516,133
Apr 20135,99199893.964.28$567,188
Mar 20137,3532,13193.623.91$696,726
Feb 20136,0541,67891.233.42$558,045
Jan 20134,6571,49191.603.42$431,680
Dec 20122,17096786.773.42$191,598
Nov 2012414986.953.62$3,743
Oct 20120089.383.40$0
Sep 20120094.672.92$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                  394 bbl  × $106.41 =    $41,926
Casinghead gas       343 Mcf  × $  3.05 =     $1,045

────────────────────────────────────────────────────
Month total                                  $42,970

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/44406 is the state's own key, not one this site invented.