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UL 14 CONWAY

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 45866District 08Field 82572666OilCasinghead gasSave
Value, all time
$44.1 M
Aug 2014 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
142
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition775,693 bbl$42,830,123
Casinghead gasProduction388,338 Mcf$1,249,465
Total$44,079,588

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 32.4267, -102.7161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.42674, -102.71622 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
4,702 ft
5 wells filed one
Completion to plug
3.4 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 4,563 and 4,740 ft, median 4,702 ft, over the 5 wells that filed a depth.

Completions filed
Jul 2014 – Sep 2021
5 of 5 wells
Plug dates filed
May 2024
1 of 5 wells; 4 filed none

Last completion to plug: a median of 3.4 years across the 1 well that filed both dates, with the middle half between 3.4 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-003462574421H4,740 ftSep 2021——
42-003468973421H4,735 ftDec 2020May 2024Yes
42-003478115H4,563 ftAug 2018——
42-003469131421H4,682 ftJul 2015——
42-003463602421H4,702 ftJul 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 20262,4842,656106.413.05$272,412
Apr 20263,0202,87698.932.87$307,022
Mar 20263,1972,61289.753.15$295,157
Feb 20262,7652,42163.503.75$184,657
Jan 20263,1082,72459.138.00$205,562
Dec 20254,2632,84756.664.41$254,106
Nov 20258,3223,01958.593.93$499,440
Oct 20251,5712,22759.383.30$100,646
Sep 20251,3741,98062.743.08$92,297
Aug 20251,6302,34663.933.01$111,279
Jul 20251,5792,06366.743.32$112,222
Jun 20251,8431,95466.483.13$128,636
May 20251,7852,17460.553.23$115,109
Apr 20251,8722,08962.363.54$124,140
Mar 20251,7901,86067.704.27$129,122
Feb 20251,6051,52170.884.34$120,365
Jan 20251,6561,76274.324.28$130,613
Dec 20241,8451,90268.993.12$133,223
Nov 20241,5121,72569.052.20$108,196
Oct 20241,9201,84771.372.28$141,244
Sep 20241,5071,62369.612.36$108,740
Aug 20241,7841,75775.632.06$138,550
Jul 20241,7241,90079.932.15$141,878
Jun 20242,0451,94178.082.63$164,786
May 20242,1201,90278.812.20$171,259
Apr 20242,3302,12884.451.66$200,299
Mar 20241,9541,84980.301.55$159,763
Feb 20241,9742,06976.091.78$153,892
Jan 20242,0712,05473.023.30$157,998
Dec 20232,1632,09171.262.61$159,594
Nov 20232,2272,15477.892.81$179,509
Oct 20232,4792,31585.443.09$218,953
Sep 20232,2112,11389.042.74$202,647
Aug 20232,7452,12080.522.67$226,694
Jul 20232,2292,26474.852.64$172,822
Jun 20232,4372,09968.962.26$172,796
May 20232,5452,06770.622.23$184,332
Apr 20231,7631,75778.122.24$141,657
Mar 20232,0071,79372.852.39$150,501
Feb 20232,3332,01175.112.47$180,190
Jan 20232,5652,15476.533.39$203,597
Dec 20222,4192,08476.415.73$196,775
Nov 20222,4961,98885.005.65$223,385
Oct 20222,6982,14287.185.86$247,772
Sep 20222,7872,12584.888.16$253,908
Aug 20222,9022,28094.529.13$295,107
Jul 20222,5912,195101.587.54$279,749
Jun 20222,6412,361115.097.98$322,787
May 20222,9042,239109.378.43$336,492
Apr 20222,7472,244104.226.84$301,636
Mar 20223,0432,259108.885.08$342,789
Feb 20222,9422,09291.054.86$278,034
Jan 20222,8462,29481.844.54$243,326
Dec 20213,1022,21671.323.90$229,875
Nov 20213,5212,33277.435.24$284,843
Oct 20213,6912,43579.795.71$308,418
Sep 20214,1062,48969.865.35$300,164
Aug 20213,2812,48666.024.22$227,104
Jul 20213,2182,29570.783.98$236,909
Jun 20212,8722,16969.493.38$206,908
May 20212,8882,23363.483.02$190,069
Apr 20213,0931,83360.362.76$191,750
Mar 20212,8061,83761.302.72$176,999
Feb 20212,2241,19457.805.55$135,171
Jan 20211,43386650.412.81$74,671
Dec 202090629744.642.68$41,238
Nov 20202,7721,66238.772.71$111,969
Oct 20203,5162,50936.972.48$136,205
Sep 20203,2902,26937.091.99$126,544
Aug 20203,5902,33239.982.39$149,090
Jul 20204,3312,54838.371.83$170,831
Jun 20204,9142,92234.901.69$176,438
May 202066394216.921.81$12,927
Apr 20202,0151,65214.751.80$32,702
Mar 20205,6384,13730.341.86$178,736
Feb 20205,4543,67149.881.98$279,317
Jan 20206,0243,93257.252.09$353,111
Dec 20196,0433,99759.012.30$365,808
Nov 20196,0313,81455.302.75$344,005
Oct 20196,4614,45753.472.42$356,249
Sep 20196,2714,35655.052.66$356,794
Aug 20196,2453,17453.112.30$338,986
Jul 20197,2393,05656.272.46$414,856
Jun 20197,3843,14952.782.49$397,572
May 20197,8193,27858.482.74$466,238
Apr 20197,2353,41762.632.75$462,527
Mar 20197,7693,34756.803.06$451,528
Feb 20197,8783,09950.852.79$409,249
Jan 20198,1803,27746.033.23$387,104
Dec 20189,4823,72046.594.19$457,336
Nov 20189,8353,37452.934.24$534,863
Oct 201811,8634,62861.443.40$744,589
Sep 201815,4685,85659.543.11$939,165
Aug 201813,7746,11759.403.07$836,934
Jul 20184,1422,34865.142.93$276,694
Jun 20183,8933,28360.183.08$244,382
May 20183,9282,70565.382.90$264,659
Apr 20184,0172,62263.842.90$264,051
Mar 20184,2132,52061.222.79$264,943
Feb 20184,1642,37061.782.77$263,808
Jan 20184,4822,08262.874.01$290,131
Dec 20174,3821,96757.272.92$256,704
Nov 20174,6771,91255.423.12$265,162
Oct 20175,0802,25449.292.98$257,118
Sep 20174,9602,32447.523.09$242,874
Aug 20175,4582,51645.373.00$255,189
Jul 20175,7862,51343.873.09$261,590
Jun 20174,8302,29642.493.09$212,315
May 20175,8802,92145.373.26$276,308
Apr 20175,9532,81347.933.21$294,362
Mar 20176,1773,31846.772.98$298,798
Feb 20176,3542,98450.452.95$329,370
Jan 20176,3153,10049.413.42$322,622
Dec 20167,2753,18748.763.72$366,594
Nov 20165,2562,41142.492.64$229,703
Oct 20167,3593,96746.193.09$352,171
Sep 20167,4613,25841.553.10$320,106
Aug 20167,1863,27341.442.92$307,359
Jul 20168,1413,72841.622.92$349,730
Jun 20168,4603,81845.352.69$393,916
May 201610,1644,30042.521.99$440,735
Apr 20168,9914,06336.561.99$336,801
Mar 201611,1574,67633.011.79$376,681
Feb 201610,3383,48826.472.06$280,845
Jan 201611,5052,85727.352.36$321,417
Dec 201512,1223,85632.362.00$399,985
Nov 201514,7583,88638.792.17$580,885
Oct 201516,7204,93243.552.43$740,124
Sep 201520,4957,48742.992.76$901,732
Aug 201525,1917,54840.162.87$1,033,352
Jul 201521,6399,06248.152.95$1,068,606
Jun 201512,9693,19356.152.88$737,414
May 201512,1643,44255.212.96$681,747
Apr 20159,8152,50349.822.71$495,758
Mar 201511,53552842.892.93$496,286
Feb 201510,8732,18644.662.98$492,094
Jan 20158,6972,45243.433.10$385,313
Dec 20148,07996154.693.59$445,292
Nov 201411,3562,82570.464.25$812,155
Oct 201411,6273,83578.303.90$925,354
Sep 201410,9342,98786.164.05$954,157
Aug 20147,0402,33889.394.04$638,740

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                2,484 bbl  × $106.41 =   $264,322
Casinghead gas     2,656 Mcf  × $  3.05 =     $8,090

────────────────────────────────────────────────────
Month total                                 $272,412

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/45866 is the state's own key, not one this site invented.