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TEXAS CONSOLIDATED #1

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

Oil lease lease 47183District 08Field 92618625Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$140 k
Oct 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead gas

The UNIVERSITY WADDELL (PENN.) field

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 13 leases and 20 wells, and the rule below applies to all of them.

Discovered
1958-11-10
as the register files it
Field class
Oil
the register's own label
Between wells
—
no field rule filed
From a lease line
—
no field rule filed

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.

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
OilDisposition2,734 bbl$127,297
Casinghead gasProduction4,481 Mcf$13,148
Total$140,445

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 31.5270, -102.4694. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52705, -102.46935 · 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
9,250 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 9,250 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-10330828H 10H9,250 ftOct 2015——

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 (128)

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

128 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20191055.302.75$55
Oct 20193053.472.42$160
Sep 20192010755.052.66$1,385
Aug 2019229153.112.30$1,378
Jul 20193113056.272.46$2,064
Jun 20195117052.782.49$3,115
May 20198318458.482.74$5,358
Apr 201911019262.632.75$7,417
Mar 201910820756.803.06$6,768
Feb 201912218050.852.79$6,706
Jan 201910420346.033.23$5,442
Dec 201812819346.594.19$6,771
Nov 20187518352.934.24$4,745
Oct 2018262061.443.40$1,665
Sep 2018365059.543.11$2,299
Aug 20187819259.403.07$5,222
Jul 2018208465.142.93$1,549
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180463.842.90$12
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20188062.874.01$503
Dec 20170057.272.92$0
Nov 2017488555.423.12$2,925
Oct 2017126149.292.98$773
Sep 20176047.523.09$285
Aug 20170045.373.00$0
Jul 20175112143.873.09$2,611
Jun 20179321542.493.09$4,615
May 20175014245.373.26$2,732
Apr 2017729547.933.21$3,756
Mar 2017777646.772.98$3,828
Feb 2017818550.452.95$4,337
Jan 2017589349.413.42$3,184
Dec 2016939748.763.72$4,896
Nov 2016879042.492.64$3,935
Oct 20161039046.193.09$5,036
Sep 2016859441.553.10$3,823
Aug 201610112441.442.92$4,548
Jul 20169312041.622.92$4,222
Jun 20168211645.352.69$4,030
May 20169012342.521.99$4,072
Apr 2016829336.561.99$3,183
Mar 2016879433.011.79$3,041
Feb 2016709326.472.06$2,045
Jan 20161008927.352.36$2,945
Dec 2015879532.362.00$3,005
Nov 20150038.792.17$0
Oct 20150043.552.43$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.

Nov 2019 — as filed, then multipliedworked
Oil                    1 bbl  × $ 55.30 =        $55
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                      $55

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/47183 is the state's own key, not one this site invented.