UNDERWOOD D

Operated by RING ENERGY, INC. (P-5 712382) in the BLOCK A-34 (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45352District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$27.9 M
Aug 2014 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
142
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 160 leases and 433 wells, and the rule below applies to all of them.

Discovered
1979-03-16
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 2016-11-01.

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: OPTIONAL ACRES 10,NO MAX DIAGONAL, SALVAGE 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
OilDisposition443,300 bbl$27,517,521
Casinghead gasProduction113,132 Mcf$358,805
Total$27,876,326

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 32.4663, -102.6339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.46859, -102.63393 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
4,847 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
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.
6100.0%

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 4,683 and 6,134 ft, median 4,847 ft, over the 6 wells that filed a depth.

Completions filed
Aug 2014 – Sep 2018
6 of 6 wells

6 wells

42-003476462H4,683 ftSep 2018
42-003476473H4,717 ftJul 2018
42-003474791H4,707 ftJun 2018
42-0034679245,008 ftDec 2014
42-0034634336,134 ftDec 2014
42-0034632714,977 ftAug 2014

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 (142)

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

142 months

May 20262,569677106.413.05$275,429
Apr 20262,63771998.932.87$262,942
Mar 20262,84158589.753.15$256,822
Feb 20262,4131,28263.503.75$158,033
Jan 20262,06247959.138.00$125,757
Dec 20252,53252256.664.41$145,767
Nov 20252,14697758.593.93$129,570
Oct 20252,2121,20459.383.30$135,328
Sep 20252,4351,11162.743.08$156,190
Aug 20252,83167963.933.01$183,033
Jul 20251,71250866.743.32$115,943
Jun 20251,82478566.483.13$123,716
May 20251,60589460.553.23$100,072
Apr 20251,62264862.363.54$103,444
Mar 20251,58772667.704.27$110,539
Feb 20251,68870670.884.34$122,710
Jan 20251,50282674.324.28$115,163
Dec 20241,95658268.993.12$136,761
Nov 20241,72156269.052.20$120,071
Oct 20241,62049771.372.28$116,753
Sep 20241,43252469.612.36$100,920
Aug 20242,68552975.632.06$204,158
Jul 20242,60376979.932.15$209,709
Jun 20242,0621,02978.082.63$163,711
May 20242,25249278.812.20$178,562
Apr 20242,41216584.451.66$203,967
Mar 20242,09510880.301.55$168,395
Feb 2024176076.091.78$13,392
Jan 20240073.023.30$0
Dec 20232,95319571.262.61$210,940
Nov 20232,6721,39877.892.81$212,047
Oct 20232,83117285.443.09$242,412
Sep 20232,99815189.042.74$267,355
Aug 20233,79721580.522.67$306,309
Jul 20233,71922974.852.64$278,972
Jun 20233,81720068.962.26$263,672
May 20232,40821170.622.23$170,523
Apr 20233,28427378.122.24$257,157
Mar 20232,25839772.852.39$165,445
Feb 20231,97033675.112.47$148,795
Jan 20232,15062176.533.39$166,643
Dec 20222,6921,18176.415.73$212,462
Nov 20222,54680285.005.65$220,938
Oct 20222,69517087.185.86$235,947
Sep 20222,70211384.888.16$230,268
Aug 20222,40413394.529.13$228,440
Jul 20223,427124101.587.54$349,050
Jun 20223,444196115.097.98$397,933
May 20223,811340109.378.43$419,676
Apr 20223,423401104.226.84$359,487
Mar 20224,055200108.885.08$442,524
Feb 20223,45091091.054.86$318,544
Jan 20223,2321,61981.844.54$271,853
Dec 20212,0171,21071.323.90$148,570
Nov 20212,9581,54177.435.24$237,108
Oct 20214,4632,16779.795.71$368,485
Sep 20214,8551,10469.865.35$345,078
Aug 20214,9061,16266.024.22$328,798
Jul 20213,9051,12370.783.98$280,868
Jun 20215,05271769.493.38$353,487
May 20214,40859063.483.02$281,600
Apr 20214,64637660.362.76$281,470
Mar 20215,43344361.302.72$334,247
Feb 20212,55221757.805.55$148,710
Jan 20215,39849150.412.81$273,493
Dec 20206,30838944.642.68$282,630
Nov 20206,31954038.772.71$246,449
Oct 20204,6054,13536.972.48$180,495
Sep 20205,4941337.091.99$203,798
Aug 20204,0141,08239.982.39$163,060
Jul 20207,3914,48338.371.83$291,775
Jun 20202,1083,38134.901.69$79,284
May 2020053516.921.81$971
Apr 20203,5942,56614.751.80$57,642
Mar 20206,4782,38630.341.86$200,971
Feb 20207,5112,14949.881.98$378,905
Jan 20205,2342,07457.252.09$303,991
Dec 20196,0422,78559.012.30$362,956
Nov 20196,1522,63855.302.75$347,462
Oct 20195,8992,60453.472.42$321,717
Sep 20196,3011,41655.052.66$350,633
Aug 20196,8831,65553.112.30$369,370
Jul 20195,0702,07956.272.46$290,403
Jun 20196,7213,05652.782.49$362,347
May 20197,2913,14958.482.74$435,007
Apr 20199,2682,85962.632.75$588,319
Mar 20198,9471,36356.803.06$512,363
Feb 20198,29794150.852.79$424,530
Jan 20196,6871,71246.033.23$313,329
Dec 201810,7314,07846.594.19$517,026
Nov 201813,0296,51352.934.24$717,222
Oct 201821,5943,98161.443.40$1,340,263
Sep 201817,3952,87559.543.11$1,044,634
Aug 201814,8263,91059.403.07$892,655
Jul 201810,6581,47265.142.93$698,578
Jun 20185,107060.183.08$307,339
May 2018816065.382.90$53,350
Apr 2018497063.842.90$31,728
Mar 2018980061.222.79$59,996
Feb 2018346061.782.77$21,376
Jan 2018161062.874.01$10,122
Dec 2017316057.272.92$18,097
Nov 2017325055.423.12$18,012
Oct 2017322049.292.98$15,871
Sep 2017162047.523.09$7,698
Aug 2017321045.373.00$14,564
Jul 2017326043.873.09$14,302
Jun 2017486042.493.09$20,650
May 2017317045.373.26$14,382
Apr 2017320047.933.21$15,338
Mar 2017795046.772.98$37,182
Feb 2017488050.452.95$24,620
Jan 2017319049.413.42$15,762
Dec 2016501048.763.72$24,429
Nov 2016323042.492.64$13,724
Oct 2016485046.193.09$22,402
Sep 2016473041.553.10$19,653
Aug 2016319041.442.92$13,219
Jul 2016467041.622.92$19,437
Jun 2016158045.352.69$7,165
May 2016602042.521.99$25,597
Apr 2016316036.561.99$11,553
Mar 2016321033.011.79$10,596
Feb 2016646026.472.06$17,100
Jan 2016659027.352.36$18,024
Dec 2015486032.362.00$15,727
Nov 2015666038.792.17$25,834
Oct 2015988043.552.43$43,027
Sep 2015636042.992.76$27,342
Aug 2015639040.162.87$25,662
Jul 2015971048.152.95$46,754
Jun 20151,295056.152.88$72,714
May 20151,126055.212.96$62,166
Apr 20151,330049.822.71$66,261
Mar 20151,643042.892.93$70,468
Feb 20151,319044.662.98$58,907
Jan 20151,307043.433.10$56,763
Dec 2014481054.693.59$26,306
Nov 2014498070.464.25$35,089
Oct 2014831078.303.90$65,067
Sep 20140086.164.05$0
Aug 20140089.394.04$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                2,569 bbl  × $106.41 =   $273,367
Casinghead gas       677 Mcf  × $  3.05 =     $2,062

────────────────────────────────────────────────────
Month total                                 $275,429

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/45352 is the state's own key, not one this site invented.