AUGUSTUS

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 48252District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.4 M
Oct 2016 – May 2026
Value, last 12 filed months
$727 k
at the published price for each month
Months reported
116
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
OilDisposition233,722 bbl$13,318,296
Casinghead gasProduction27,860 Mcf$86,888
Total$13,405,185

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 32.5271, -102.6458. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52708, -102.64583 · 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
4,800 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 4,800 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-003473711H4,800 ftOct 2016

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 (116)

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

116 months

May 2026855539106.413.05$92,622
Apr 202680828398.932.87$80,748
Mar 20261,11225889.753.15$100,615
Feb 20261,04772563.503.75$69,203
Jan 202675930759.138.00$47,335
Dec 202564555856.664.41$39,008
Nov 202571590558.593.93$45,445
Oct 202587961259.383.30$54,218
Sep 202580378062.743.08$52,780
Aug 202577866063.933.01$51,727
Jul 202549963866.743.32$35,418
Jun 202583280766.483.13$57,836
May 202561651860.553.23$38,973
Apr 202556549162.363.54$36,973
Mar 202578361167.704.27$55,617
Feb 202551649570.884.34$38,723
Jan 202548394274.324.28$39,927
Dec 202460248368.993.12$43,040
Nov 202448964069.052.20$35,172
Oct 202441859071.372.28$31,179
Sep 202424135169.612.36$17,606
Aug 202446448675.632.06$36,095
Jul 202479959879.932.15$65,148
Jun 202479166378.082.63$63,508
May 202458748878.812.20$47,334
Apr 202483063484.451.66$71,145
Mar 202484669480.301.55$69,006
Feb 202467233376.091.78$51,726
Jan 202474128873.023.30$55,058
Dec 202354130771.262.61$39,353
Nov 202381132377.892.81$64,076
Oct 202376650085.443.09$66,991
Sep 20231,08128589.042.74$97,032
Aug 20231,13020580.522.67$91,536
Jul 20231,19985274.852.64$91,996
Jun 20231,3156868.962.26$90,836
May 20231,1192370.622.23$79,075
Apr 20231,3262678.122.24$103,645
Mar 20231,161572.852.39$84,591
Feb 20231,15616475.112.47$87,232
Jan 202374315476.533.39$57,384
Dec 202264322576.415.73$50,421
Nov 20225569585.005.65$47,796
Oct 20221,1883387.185.86$103,763
Sep 20221,0021184.888.16$85,140
Aug 20229572794.529.13$90,702
Jul 20221,2550101.587.54$127,483
Jun 20221,5900115.097.98$182,993
May 20221,6965109.378.43$185,534
Apr 20221,4820104.226.84$154,454
Mar 20227910108.885.08$86,124
Feb 2022626091.054.86$56,997
Jan 20221,257081.844.54$102,873
Dec 20211,283071.323.90$91,504
Nov 20211,489077.435.24$115,293
Oct 20211,217079.795.71$97,104
Sep 20211,278069.865.35$89,281
Aug 2021783066.024.22$51,694
Jul 2021904070.783.98$63,985
Jun 20211,727069.493.38$120,009
May 20211,682063.483.02$106,773
Apr 20211,750060.362.76$105,630
Mar 20211,765061.302.72$108,195
Feb 2021850057.805.55$49,130
Jan 20211,511050.412.81$76,170
Dec 20201,620044.642.68$72,317
Nov 20201,768038.772.71$68,545
Oct 20201,727036.972.48$63,847
Sep 20201,773037.091.99$65,761
Aug 20202,079039.982.39$83,118
Jul 20202,243038.371.83$86,064
Jun 2020988034.901.69$34,481
May 20200016.921.81$0
Apr 20201,829014.751.80$26,978
Mar 20202,003030.341.86$60,771
Feb 20202,951049.881.98$147,196
Jan 20201,466057.252.09$83,929
Dec 20191,946059.012.30$114,833
Nov 20191,85830455.302.75$103,584
Oct 20191,6111,10153.472.42$88,803
Sep 20191,82269455.052.66$102,145
Aug 20192,044053.112.30$108,557
Jul 20191,941056.272.46$109,220
Jun 20192,149052.782.49$113,424
May 20192,394058.482.74$140,001
Apr 20192,3416362.632.75$146,790
Mar 20192,39433456.803.06$137,002
Feb 20191,59230550.852.79$81,805
Jan 20191,911046.033.23$87,963
Dec 20181,65731046.594.19$78,497
Nov 20182,15974852.934.24$117,445
Oct 20182,79140861.443.40$172,865
Sep 20182,64558859.543.11$159,311
Aug 20183,0101,24359.403.07$182,606
Jul 20182,79271465.142.93$183,964
Jun 20182,26722660.183.08$137,123
May 20183,01818665.382.90$197,856
Apr 20183,40920563.842.90$218,225
Mar 20182,79574661.222.79$173,189
Feb 2018785061.782.77$48,497
Jan 20182,623062.874.01$164,908
Dec 20173,279057.272.92$187,788
Nov 20173,032055.423.12$168,033
Oct 20173,905049.292.98$192,477
Sep 20173,607047.523.09$171,405
Aug 20174,488045.373.00$203,621
Jul 20175,431043.873.09$238,258
Jun 20175,816042.493.09$247,122
May 20176,890045.373.26$312,599
Apr 20177,536047.933.21$361,200
Mar 20177,571046.772.98$354,096
Feb 20178,932050.452.95$450,619
Jan 201711,054049.413.42$546,178
Dec 201611,948048.763.72$582,584
Nov 201612,515042.492.64$531,762
Oct 20161,512046.193.09$69,839

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                  855 bbl  × $106.41 =    $90,981
Casinghead gas       539 Mcf  × $  3.05 =     $1,642

────────────────────────────────────────────────────
Month total                                  $92,622

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/48252 is the state's own key, not one this site invented.