CAESAR

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 48381District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.6 M
Oct 2016 – May 2026
Value, last 12 filed months
$172 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
OilDisposition97,615 bbl$5,528,940
Casinghead gasProduction17,615 Mcf$54,147
Total$5,583,086

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 32.5289, -102.6369. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52887, -102.63695 · 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

42-003473731H4,800 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 2026190194106.413.05$20,809
Apr 202614117398.932.87$14,446
Mar 2026291289.753.15$2,641
Feb 20260063.503.75$0
Jan 20261093559.138.00$6,725
Dec 2025374656.664.41$2,299
Nov 20250058.593.93$0
Oct 202522332559.383.30$14,316
Sep 202539861862.743.08$26,872
Aug 202540544263.933.01$27,224
Jul 202534235966.743.32$24,015
Jun 202547447566.483.13$32,998
May 202544156760.553.23$28,535
Apr 202538946162.363.54$25,891
Mar 202533526767.704.27$23,819
Feb 202524360170.884.34$19,833
Jan 202529783874.324.28$25,659
Dec 202444941668.993.12$32,275
Nov 202437259469.052.20$26,992
Oct 202443850271.372.28$32,405
Sep 202450252669.612.36$36,188
Aug 202448636675.632.06$37,511
Jul 202457438479.932.15$46,704
Jun 202438031978.082.63$30,511
May 202430343878.812.20$24,842
Apr 202417768084.451.66$16,076
Mar 20248821380.301.55$7,396
Feb 202410743276.091.78$8,912
Jan 20241494273.023.30$11,018
Dec 20232833571.262.61$20,258
Nov 202340617277.892.81$32,106
Oct 202338328785.443.09$33,610
Sep 202326520589.042.74$24,156
Aug 202324515680.522.67$20,144
Jul 20232834274.852.64$21,294
Jun 20233223268.962.26$22,277
May 20233512470.622.23$24,841
Apr 20233981178.122.24$31,116
Mar 2023360072.852.39$26,226
Feb 20235481975.112.47$41,207
Jan 202352210976.533.39$40,318
Dec 20223698176.415.73$28,659
Nov 2022319685.005.65$27,149
Oct 20224202287.185.86$36,745
Sep 202248910884.888.16$42,388
Aug 20225705694.529.13$54,388
Jul 2022722130101.587.54$74,321
Jun 202262994115.097.98$73,141
May 2022616226109.378.43$69,278
Apr 20228040104.226.84$83,793
Mar 20226640108.885.08$72,296
Feb 2022697091.054.86$63,462
Jan 2022947081.844.54$77,502
Dec 2021784071.323.90$55,915
Nov 2021306077.435.24$23,694
Oct 202118079.795.71$1,436
Sep 20210069.865.35$0
Aug 2021124066.024.22$8,186
Jul 202155919570.783.98$40,343
Jun 202141620569.493.38$29,601
May 202134863563.483.02$24,007
Apr 20213371,10560.362.76$23,389
Mar 2021387061.302.72$23,723
Feb 2021199057.805.55$11,502
Jan 2021541050.412.81$27,272
Dec 2020489044.642.68$21,829
Nov 2020621038.772.71$24,076
Oct 2020423036.972.48$15,638
Sep 2020492037.091.99$18,248
Aug 2020491039.982.39$19,630
Jul 2020527038.371.83$20,221
Jun 2020270034.901.69$9,423
May 20200016.921.81$0
Apr 2020409014.751.80$6,033
Mar 2020649030.341.86$19,691
Feb 2020259049.881.98$12,919
Jan 2020218057.252.09$12,481
Dec 201922580659.012.30$15,135
Nov 201927558655.302.75$16,819
Oct 2019046053.472.42$1,113
Sep 2019028555.052.66$757
Aug 201915135353.112.30$8,833
Jul 20197549356.272.46$42,656
Jun 2019738052.782.49$38,952
May 2019747058.482.74$43,685
Apr 2019912062.632.75$57,119
Mar 2019889056.803.06$50,495
Feb 201951920850.852.79$26,972
Jan 201974217146.033.23$34,706
Dec 201865716946.594.19$31,317
Nov 2018733052.934.24$38,798
Oct 2018840061.443.40$51,610
Sep 2018847059.543.11$50,430
Aug 20181,516059.403.07$90,050
Jul 20181,909065.142.93$124,352
Jun 201831060.183.08$1,866
May 2018725465.382.90$47,412
Apr 201840814063.842.90$26,453
Mar 20181,6596061.222.79$101,731
Feb 20181,137061.782.77$70,244
Jan 2018924062.874.01$58,092
Dec 20171,149057.272.92$65,803
Nov 2017881055.423.12$48,825
Oct 20171,234049.292.98$60,824
Sep 20171,446047.523.09$68,714
Aug 20171,909045.373.00$86,611
Jul 20172,536043.873.09$111,254
Jun 20174,157042.493.09$176,631
May 20174,414045.373.26$200,263
Apr 20173,239047.933.21$155,245
Mar 20175,496046.772.98$257,048
Feb 20175,928050.452.95$299,068
Jan 20177,704049.413.42$380,655
Dec 20168,093048.763.72$394,615
Nov 20163,283042.492.64$139,495
Oct 2016251046.193.09$11,594

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                  190 bbl  × $106.41 =    $20,218
Casinghead gas       194 Mcf  × $  3.05 =       $591

────────────────────────────────────────────────────
Month total                                  $20,809

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/48381 is the state's own key, not one this site invented.