UL 14 OBERON

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 46617District 08Field 82572666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$23.9 M
Sep 2014 – May 2026
Value, last 12 filed months
$793 k
at the published price for each month
Months reported
141
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
OilDisposition418,292 bbl$22,884,302
Casinghead gasProduction339,990 Mcf$1,062,593
Total$23,946,895

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 32.4275, -102.7167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.42779, -102.71589 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
4,699 ft
5 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.
5100.0%

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 4,692 and 4,761 ft, median 4,699 ft, over the 5 wells that filed a depth.

Completions filed
Sep 2014 – Oct 2018
5 of 5 wells

5 wells

42-003478625H4,692 ftOct 2018
42-003475513122H4,699 ftNov 2017
42-003472911122H4,698 ftJan 2016
42-003465122122AH4,711 ftJul 2015
42-003466224122H4,761 ftSep 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 (141)

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

141 months

May 20268291,161106.413.05$91,750
Apr 20267591,21298.932.87$78,566
Mar 20261,1031,16289.753.15$102,654
Feb 202686198963.503.75$58,383
Jan 202670489759.138.00$48,802
Dec 20257791,17456.664.41$49,319
Nov 20251,1581,07558.593.93$72,068
Oct 20258401,04659.383.30$53,336
Sep 20251,02295762.743.08$67,065
Aug 20256721,08463.933.01$46,229
Jul 202579676266.743.32$55,651
Jun 20251,00192666.483.13$69,444
May 202584495160.553.23$54,178
Apr 202576797662.363.54$51,288
Mar 20258931,04767.704.27$64,925
Feb 202576571970.884.34$57,344
Jan 202567280174.324.28$53,370
Dec 20249811,38168.993.12$71,990
Nov 20249681,31369.052.20$69,727
Oct 20241,0041,17371.372.28$74,332
Sep 20249921,02769.612.36$71,481
Aug 202477594675.632.06$60,565
Jul 202496488379.932.15$78,948
Jun 202498497278.082.63$79,391
May 20241,0511,13378.812.20$85,320
Apr 20241,3471,20284.451.66$115,749
Mar 20241,2851,27580.301.55$105,156
Feb 20241,3261,22976.091.78$103,087
Jan 20241,1761,12973.023.30$89,595
Dec 20231,0361,11171.262.61$76,726
Nov 20231,1471,12277.892.81$92,490
Oct 20231,2711,17385.443.09$112,216
Sep 20231,4541,27689.042.74$132,954
Aug 20231,4341,44580.522.67$119,328
Jul 20231,7311,46674.852.64$133,438
Jun 20231,4381,18168.962.26$101,832
May 20231,4341,52670.622.23$104,668
Apr 20231,5931,25678.122.24$127,256
Mar 20231,5481,33772.852.39$115,971
Feb 20231,3751,22275.112.47$106,289
Jan 20231,5931,42076.533.39$126,723
Dec 20221,4421,36876.415.73$118,021
Nov 20221,3641,28885.005.65$123,212
Oct 20221,6471,36387.185.86$151,578
Sep 20221,8591,58384.888.16$170,715
Aug 20221,9541,79294.529.13$201,048
Jul 20221,5481,652101.587.54$169,705
Jun 20221,7951,751115.097.98$220,555
May 20222,0491,988109.378.43$240,864
Apr 20221,7521,950104.226.84$195,927
Mar 20221,8541,844108.885.08$211,224
Feb 20221,7891,67991.054.86$171,046
Jan 20221,9951,89081.844.54$171,847
Dec 20212,2621,84371.323.90$168,512
Nov 20212,0541,69377.435.24$167,907
Oct 20211,7211,59979.795.71$146,455
Sep 20211,8421,22569.865.35$135,237
Aug 20211,7671,69566.024.22$123,811
Jul 20211,6341,40470.783.98$121,245
Jun 20212,9102,33069.493.38$210,093
May 20212,8902,41063.483.02$190,730
Apr 20212,6502,05560.362.76$165,623
Mar 20212,1531,56361.302.72$136,225
Feb 20211,54498857.805.55$94,725
Jan 20212,5382,18350.412.81$134,075
Dec 20203,2582,33244.642.68$151,676
Nov 20202,1671,44138.772.71$87,915
Oct 20203,2832,40136.972.48$127,323
Sep 20203,1142,11637.091.99$119,711
Aug 20203,4112,45239.982.39$142,220
Jul 20202,8142,10738.371.83$111,819
Jun 20202,8522,26434.901.69$103,362
May 20208591,15316.921.81$16,627
Apr 20201,6071,70114.751.80$26,773
Mar 20203,0282,75730.341.86$96,987
Feb 20202,9722,87349.881.98$153,934
Jan 20203,3933,15757.252.09$200,862
Dec 20193,6883,27659.012.30$225,178
Nov 20193,5973,11255.302.75$207,474
Oct 20193,9693,18253.472.42$219,918
Sep 20193,8663,06655.052.66$220,971
Aug 20193,4823,20253.112.30$192,308
Jul 20193,9874,32956.272.46$234,998
Jun 20195,0534,82752.782.49$278,722
May 20195,4985,61658.482.74$336,913
Apr 20195,4255,31362.632.75$354,382
Mar 20195,8245,84656.803.06$348,704
Feb 20195,8225,33450.852.79$310,942
Jan 20197,3866,26346.033.23$360,196
Dec 20188,7066,40046.594.19$432,399
Nov 20187,3274,56952.934.24$407,178
Oct 20184,6834,96761.443.40$304,602
Sep 20183,5423,96359.543.11$223,208
Aug 20183,6003,68759.403.07$225,146
Jul 20184,2593,73165.142.93$288,370
Jun 20183,8524,30960.183.08$245,072
May 20183,3822,87465.382.90$229,452
Apr 20182,3802,34063.842.90$158,727
Mar 20183,6343,40761.222.79$231,968
Feb 20185,6814,45961.782.77$363,306
Jan 20186,8955,53462.874.01$455,676
Dec 20178,0195,95957.272.92$476,657
Nov 20178,3446,66955.423.12$483,221
Oct 20172,7142,84149.292.98$142,250
Sep 20172,4952,92547.523.09$127,593
Aug 20172,6553,01945.373.00$129,528
Jul 20172,7073,11143.873.09$128,361
Jun 20172,7282,79342.493.09$124,535
May 20173,1542,66945.373.26$151,807
Apr 20172,8312,62247.933.21$144,111
Mar 20173,2522,80746.772.98$160,471
Feb 20173,0782,57350.452.95$162,882
Jan 20173,6222,82949.413.42$188,635
Dec 20163,5242,73448.763.72$182,008
Nov 20163,6222,76442.492.64$161,208
Oct 20163,4602,62546.193.09$167,929
Sep 20163,5802,80241.553.10$157,437
Aug 20163,4132,62341.442.92$149,105
Jul 20164,5253,19441.622.92$197,671
Jun 20164,0053,07745.352.69$189,891
May 20164,9543,57042.521.99$217,752
Apr 20164,9313,89136.561.99$188,025
Mar 20165,9144,41333.011.79$203,138
Feb 20165,6153,56426.472.06$155,984
Jan 20168,9545,32127.352.36$257,473
Dec 20155,0413,77832.362.00$170,688
Nov 20155,6734,48038.792.17$229,765
Oct 20157,0205,62043.552.43$319,358
Sep 20159,6865,98342.992.76$432,905
Aug 201514,7668,26840.162.87$616,752
Jul 20152,9872,43348.152.95$150,989
Jun 20152,7042,06956.152.88$157,794
May 20152,6842,10055.212.96$154,390
Apr 20153,23596049.822.71$163,766
Mar 20154,31073442.892.93$187,010
Feb 20153,68599844.662.98$167,542
Jan 20152,8751,00543.433.10$127,977
Dec 20142,61425954.693.59$143,890
Nov 20143,98579670.464.25$284,168
Oct 20143,9361,12378.303.90$312,570
Sep 20141,31435686.164.05$114,654

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                  829 bbl  × $106.41 =    $88,214
Casinghead gas     1,161 Mcf  × $  3.05 =     $3,536

────────────────────────────────────────────────────
Month total                                  $91,750

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/46617 is the state's own key, not one this site invented.