MILLARD -B-

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

Oil lease lease 44923District 08Field 70537264OilCasinghead gasSaveExport
Value, all time
$6.3 M
Jun 2013 – May 2026
Value, last 12 filed months
$340 k
at the published price for each month
Months reported
156
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 6 leases and 10 wells, and the rule below applies to all of them.

Discovered
1959-01-07
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 10 acres. The field rule took effect on 2024-06-25.

The Commission's schedule remark for this field reads: AUTHORITY SWR10; NOT THE REPORTING FIELD

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
OilDisposition85,855 bbl$5,592,194
Casinghead gasProduction212,843 Mcf$725,003
Total$6,317,196

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 31.7293, -102.6402. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72933, -102.64015 · 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
8,747 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 8,747 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-13542273258,747 ftJun 2013

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 (156)

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

156 months

May 202600106.413.05$0
Apr 20263331,29298.932.87$36,651
Mar 20264131,53289.753.15$41,892
Feb 20263891,40063.503.75$29,952
Jan 20264051,39659.138.00$35,113
Dec 20254081,56356.664.41$30,015
Nov 20254221,43658.593.93$30,363
Oct 20253891,13259.383.30$26,840
Sep 20253761,16462.743.08$27,172
Aug 20254121,25863.933.01$30,132
Jul 20253711,10366.743.32$28,417
Jun 20253041,07266.483.13$23,564
May 202531799660.553.23$22,414
Apr 20253891,32962.363.54$28,967
Mar 20254101,19467.704.27$32,853
Feb 202533690470.884.34$27,740
Jan 20253861,11674.324.28$33,463
Dec 20243661,09868.993.12$28,678
Nov 20243601,05169.052.20$27,169
Oct 20243091,04671.372.28$24,440
Sep 202435795569.612.36$27,109
Aug 202428096875.632.06$23,174
Jul 2024091279.932.15$1,958
Jun 202472,56078.082.63$7,290
May 202432573378.812.20$27,225
Apr 202436069284.451.66$31,550
Mar 202439173880.301.55$32,538
Feb 202437472476.091.78$29,749
Jan 202450886373.023.30$39,940
Dec 202350465771.262.61$37,630
Nov 20234921,33377.892.81$42,064
Oct 202335776385.443.09$32,858
Sep 202333170589.042.74$31,400
Aug 202331958780.522.67$27,255
Jul 202338912474.852.64$29,444
Jun 2023403368.962.26$27,798
May 2023564070.622.23$39,830
Apr 202356939678.122.24$45,336
Mar 202345437772.852.39$33,976
Feb 202349534275.112.47$38,023
Jan 202368025176.533.39$52,891
Dec 2022454076.415.73$34,690
Nov 2022379085.005.65$32,215
Oct 202240936687.185.86$37,803
Sep 2022358084.888.16$30,387
Aug 202230410494.529.13$29,683
Jul 202200101.587.54$0
Jun 2022281224115.097.98$34,127
May 2022456620109.378.43$55,101
Apr 20226271,011104.226.84$72,259
Mar 2022731845108.885.08$83,881
Feb 20224911,51991.054.86$52,086
Jan 20224161,59481.844.54$41,279
Dec 20215282,07971.323.90$45,763
Nov 20215661,68877.435.24$52,665
Oct 20216161,79979.795.71$59,430
Sep 202153686269.865.35$42,057
Aug 20214071,09066.024.22$31,471
Jul 202135430570.783.98$26,271
Jun 202141084469.493.38$31,344
May 2021954063.483.02$60,560
Apr 20217421,33660.362.76$48,472
Mar 202145776361.302.72$30,087
Feb 202128264857.805.55$19,895
Jan 20215191,44250.412.81$30,215
Dec 20205361,29144.642.68$27,381
Nov 20205161,38538.772.71$23,754
Oct 20204561,48336.972.48$20,534
Sep 20206281,24837.091.99$25,777
Aug 20208131,44639.982.39$35,953
Jul 202099298938.371.83$39,868
Jun 20201,03894534.901.69$37,824
May 20205241,17216.921.81$10,993
Apr 20205111,32414.751.80$9,926
Mar 20206741,46430.341.86$23,167
Feb 20206921,70649.881.98$37,896
Jan 20208722,02857.252.09$54,170
Dec 20191,0592,23959.012.30$67,651
Nov 20199762,24455.302.75$60,145
Oct 20191,1222,37953.472.42$65,747
Sep 20191,5351,38655.052.66$88,185
Aug 20191,2012,88453.112.30$70,431
Jul 20191,2382,72356.272.46$76,361
Jun 20192,0733,87552.782.49$119,066
May 20195101,85758.482.74$34,914
Apr 201936162862.632.75$24,337
Mar 201918154156.803.06$11,937
Feb 201949862750.852.79$27,074
Jan 201936479246.033.23$19,312
Dec 201854181446.594.19$28,612
Nov 201837184752.934.24$23,226
Oct 20183621,07861.443.40$25,904
Sep 201833093459.543.11$22,551
Aug 20185421,28159.403.07$36,123
Jul 20183571,10965.142.93$26,506
Jun 201834970360.183.08$23,166
May 20185151,02665.382.90$36,647
Apr 201854674663.842.90$37,021
Mar 201836774961.222.79$24,555
Feb 201817846361.782.77$12,278
Jan 201835732462.874.01$23,744
Dec 201755494457.272.92$34,485
Nov 20173771,04955.423.12$24,165
Oct 201752997149.292.98$28,972
Sep 201736382947.523.09$19,809
Aug 201741282045.373.00$21,156
Jul 201728389943.873.09$15,191
Jun 201734572142.493.09$16,885
May 20173491,13645.373.26$19,541
Apr 201712391947.933.21$8,847
Mar 20173671,23846.772.98$20,858
Feb 20176621,10750.452.95$36,666
Jan 20171921,11249.413.42$13,288
Dec 201653394948.763.72$29,522
Nov 20163331,20342.492.64$17,330
Oct 20165221,26446.193.09$28,017
Sep 201652873241.553.10$24,208
Aug 20163501,12841.442.92$17,803
Jul 20165221,27441.622.92$25,451
Jun 2016166045.352.69$7,528
May 2016520042.521.99$22,110
Apr 2016166036.561.99$6,069
Mar 2016354033.011.79$11,686
Feb 2016682026.472.06$18,053
Jan 20165221,34627.352.36$17,459
Dec 20158741,73732.362.00$31,759
Nov 20155311,95038.792.17$24,824
Oct 20155201,09243.552.43$25,296
Sep 2015516042.992.76$22,183
Aug 20157214,28540.162.87$41,264
Jul 20158624,06148.152.95$53,465
Jun 20158474,30056.152.88$59,955
May 20155183,86355.212.96$40,016
Apr 20158053,27449.822.71$48,966
Mar 20157552,18842.892.93$38,803
Feb 20154632,50744.662.98$28,139
Jan 20155782,89643.433.10$34,082
Dec 20147063,70654.693.59$51,921
Nov 20147093,44470.464.25$64,599
Oct 20144682,42778.303.90$46,112
Sep 20141,2323,35486.164.05$119,718
Aug 2014779089.394.04$69,635
Jul 20141,0781,15596.564.18$108,919
Jun 20141,0123,61498.164.74$116,457
May 20148622,64994.734.73$94,178
Apr 20149632,42195.944.81$104,033
Mar 20141,2304,25395.895.06$139,451
Feb 20141,0833,58797.406.19$127,695
Jan 20141,2644,33190.404.86$135,317
Dec 20131,6083,78591.824.35$164,128
Nov 20139222,38788.853.74$90,843
Oct 2013230097.423.78$22,407
Sep 20138383,479104.113.72$100,178
Aug 20131,3115,382104.253.52$155,630
Jul 20131,0444,372102.523.72$123,285
Jun 2013561,06994.403.93$9,491

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 2026 — as filed, then multipliedworked
Oil                  333 bbl  × $ 98.93 =    $32,944
Casinghead gas     1,292 Mcf  × $  2.87 =     $3,708

────────────────────────────────────────────────────
Month total                                  $36,651

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/44923 is the state's own key, not one this site invented.