UL13 OSSIPEE

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 46470District 08Field 82572666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.7 M
Aug 2014 – May 2026
Value, last 12 filed months
$87 k
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 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
OilDisposition46,906 bbl$2,660,848
Casinghead gasProduction23,928 Mcf$77,525
Total$2,738,373

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 32.4207, -102.7414. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42071, -102.74142 · 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
4,710 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 4,710 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-003462254411H4,710 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 20266837106.413.05$7,349
Apr 2026573398.932.87$5,734
Mar 2026633989.753.15$5,777
Feb 2026978363.503.75$6,471
Jan 20269711059.138.00$6,615
Dec 20258610456.664.41$5,332
Nov 2025146058.593.93$8,554
Oct 202513211359.383.30$8,212
Sep 202512210762.743.08$7,984
Aug 202512316263.933.01$8,352
Jul 202512215466.743.32$8,653
Jun 202510713966.483.13$7,548
May 202517115560.553.23$10,855
Apr 202515813462.363.54$10,328
Mar 202519514267.704.27$13,808
Feb 202513211970.884.34$9,873
Jan 202513512974.324.28$10,585
Dec 202411011168.993.12$7,935
Nov 2024807069.052.20$5,678
Oct 2024827171.372.28$6,014
Sep 2024746969.612.36$5,314
Aug 20241379775.632.06$10,561
Jul 202416416979.932.15$13,471
Jun 202416215178.082.63$13,047
May 202415614878.812.20$12,620
Apr 2024584984.451.66$4,979
Mar 20241049380.301.55$8,495
Feb 20241319076.091.78$10,128
Jan 20241079273.023.30$8,117
Dec 202313010371.262.61$9,533
Nov 202315813077.892.81$12,672
Oct 202314111785.443.09$12,408
Sep 202316513789.042.74$15,066
Aug 202319615080.522.67$16,183
Jul 202319515374.852.64$15,000
Jun 20231169168.962.26$8,205
May 202315211370.622.23$10,986
Apr 202316712778.122.24$13,330
Mar 202316915272.852.39$12,675
Feb 202316411475.112.47$12,599
Jan 202316514076.533.39$13,102
Dec 202219114976.415.73$15,448
Nov 202218814785.005.65$16,810
Oct 20221209387.185.86$11,007
Sep 2022513984.888.16$4,647
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20229158115.097.98$10,936
May 2022155128109.378.43$18,032
Apr 2022166121104.226.84$18,128
Mar 2022173141108.885.08$19,552
Feb 202215213291.054.86$14,481
Jan 202220116181.844.54$17,180
Dec 202121316971.323.90$15,850
Nov 202120517577.435.24$16,790
Oct 202121316379.795.71$17,927
Sep 202121314969.865.35$15,677
Aug 202122517566.024.22$15,593
Jul 202127619870.783.98$20,324
Jun 202131320269.493.38$22,433
May 202130618663.483.02$19,986
Apr 202129618860.362.76$18,385
Mar 202117310061.302.72$10,877
Feb 20211428157.805.55$8,657
Jan 20211709750.412.81$8,842
Dec 20201116044.642.68$5,116
Nov 2020985038.772.71$3,935
Oct 20201357536.972.48$5,177
Sep 20201438237.091.99$5,467
Aug 20201277439.982.39$5,254
Jul 20201604638.371.83$6,223
Jun 202022912134.901.69$8,197
May 20209720116.921.81$2,006
Apr 2020907914.751.80$1,470
Mar 202024011030.341.86$7,486
Feb 202020811949.881.98$10,611
Jan 202025013457.252.09$14,593
Dec 201925011859.012.30$15,024
Nov 201920912755.302.75$11,907
Oct 201923213553.472.42$12,732
Sep 201919713555.052.66$11,204
Aug 201921014153.112.30$11,478
Jul 201922015556.272.46$12,761
Jun 201924215352.782.49$13,154
May 201924115758.482.74$14,524
Apr 201922714462.632.75$14,613
Mar 201924215156.803.06$14,208
Feb 201921914850.852.79$11,549
Jan 201925614846.033.23$12,261
Dec 201828315346.594.19$13,825
Nov 201825616052.934.24$14,228
Oct 201828614661.443.40$18,068
Sep 201829814959.543.11$18,206
Aug 201831319059.403.07$19,175
Jul 201829526265.142.93$19,984
Jun 201825420560.183.08$15,916
May 201832923865.382.90$22,200
Apr 201837628763.842.90$24,836
Mar 201832730461.222.79$20,866
Feb 201823713361.782.77$15,010
Jan 201830716162.874.01$19,947
Dec 201729012857.272.92$16,982
Nov 201735714255.423.12$20,228
Oct 201730814249.292.98$15,605
Sep 201719630747.523.09$10,262
Aug 201740617445.373.00$18,943
Jul 201738617043.873.09$17,459
Jun 201737616442.493.09$16,483
May 201731125045.373.26$14,926
Apr 201738520447.933.21$19,108
Mar 201745819646.772.98$22,005
Feb 201740618550.452.95$21,029
Jan 201738516149.413.42$19,573
Dec 20162179048.763.72$10,916
Nov 20160042.492.64$0
Oct 201627113346.193.09$12,928
Sep 201644320741.553.10$19,048
Aug 201652842041.442.92$23,109
Jul 201652018841.622.92$22,192
Jun 201657023445.352.69$26,478
May 201645618342.521.99$19,753
Apr 201656925636.561.99$21,312
Mar 201669328233.011.79$23,382
Feb 201665916426.472.06$17,782
Jan 201680214427.352.36$22,275
Dec 201574819732.362.00$24,600
Nov 201591430238.792.17$36,109
Oct 20151,19429043.552.43$52,702
Sep 20151,26223642.992.76$54,904
Aug 20151,49457440.162.87$61,648
Jul 20155849548.152.95$28,399
Jun 201553110756.152.88$30,124
May 201564114055.212.96$35,803
Apr 201572912549.822.71$36,657
Mar 201573462142.892.93$33,304
Feb 201519130944.662.98$9,450
Jan 20151,43543343.433.10$63,665
Dec 20142,15169754.693.59$120,141
Nov 20141,87681770.464.25$135,657
Oct 20142,5891,00278.303.90$206,627
Sep 20141,94757786.164.05$170,088
Aug 20141738289.394.04$15,795

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                   68 bbl  × $106.41 =     $7,236
Casinghead gas        37 Mcf  × $  3.05 =       $113

────────────────────────────────────────────────────
Month total                                   $7,349

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/46470 is the state's own key, not one this site invented.