VENUS

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 48429District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.3 M
Feb 2017 – May 2026
Value, last 12 filed months
$904 k
at the published price for each month
Months reported
112
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
OilDisposition236,206 bbl$13,894,318
Casinghead gasProduction152,900 Mcf$447,651
Total$14,341,969

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 32.4991, -102.6046. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49906, -102.60463 · 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
4,657 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 4,657 ft.

Completions filed
Feb 2017
1 of 1 wells

1 well

42-003474371H4,657 ftFeb 2017

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 (112)

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

112 months

May 20268451,914106.413.05$95,746
Apr 20268611,93698.932.87$90,735
Mar 20268931,92289.753.15$86,200
Feb 20269113,99563.503.75$72,831
Jan 20268551,97859.138.00$66,376
Dec 20251,0072,12856.664.41$66,448
Nov 20258252,94158.593.93$59,884
Oct 20258602,37259.383.30$58,906
Sep 20257732,95562.743.08$57,590
Aug 20259393,42463.933.01$70,353
Jul 20251,0204,41366.743.32$82,705
Jun 20251,1246,74666.483.13$95,830
May 20258432,10460.553.23$57,844
Apr 20258102,18462.363.54$58,250
Mar 20251,0282,68267.704.27$81,043
Feb 20257691,63370.884.34$61,595
Jan 20259741,43974.324.28$78,545
Dec 20241,4921,28968.993.12$106,957
Nov 20248631,35169.052.20$62,560
Oct 20243851,41871.372.28$30,712
Sep 202427975869.612.36$21,213
Aug 20241,0572,09775.632.06$84,268
Jul 20241,1032,38379.932.15$93,278
Jun 20241,1372,04578.082.63$94,163
May 20241,2721,17278.812.20$102,823
Apr 20241,394084.451.66$117,723
Mar 20241,2211,35380.301.55$100,137
Feb 20241,2372,67976.091.78$98,902
Jan 20241,2552,72673.023.30$100,630
Dec 20231,3033,73671.262.61$102,605
Nov 20231,1642,58477.892.81$97,919
Oct 20239131,98285.443.09$84,126
Sep 20231,0831,96889.042.74$101,813
Aug 20231,0612,58280.522.67$92,333
Jul 20239082,40574.852.64$74,317
Jun 20231,1282,51968.962.26$83,476
May 20239433,19770.622.23$73,716
Apr 20231,4124,04778.122.24$119,362
Mar 202392631972.852.39$68,223
Feb 20231,1523875.112.47$86,620
Jan 202347844576.533.39$38,089
Dec 202220373376.415.73$19,711
Nov 202285031185.005.65$74,006
Oct 20221,52557987.185.86$136,345
Sep 20221,4567984.888.16$124,230
Aug 2022298094.529.13$28,167
Jul 2022828980101.587.54$91,499
Jun 20221,5730115.097.98$181,037
May 20221,5610109.378.43$170,727
Apr 20221,5030104.226.84$156,643
Mar 20221,4720108.885.08$160,271
Feb 20221,266091.054.86$115,269
Jan 20221,730081.844.54$141,583
Dec 20211,350071.323.90$96,282
Nov 20211,172077.435.24$90,748
Oct 20211,784079.795.71$142,345
Sep 20211,920069.865.35$134,131
Aug 20212,067066.024.22$136,463
Jul 20211,978070.783.98$140,003
Jun 20212,191069.493.38$152,253
May 20211,9791663.483.02$125,675
Apr 20212,0581,79360.362.76$129,167
Mar 20211,52566961.302.72$95,300
Feb 20211,112057.805.55$64,274
Jan 20211,835050.412.81$92,502
Dec 20201,896044.642.68$84,637
Nov 20202,075038.772.71$80,448
Oct 20201,960036.972.48$72,461
Sep 20201,966037.091.99$72,919
Aug 20201,155039.982.39$46,177
Jul 20201,226038.371.83$47,042
Jun 2020318034.901.69$11,098
May 2020060516.921.81$1,098
Apr 20208903,41914.751.80$19,297
Mar 20201,9414,85830.341.86$67,908
Feb 20201,5973,93549.881.98$87,452
Jan 20201,8294,27757.252.09$113,669
Dec 20191,9963,96759.012.30$126,925
Nov 20191,8833,22955.302.75$113,012
Oct 20191,8942,50053.472.42$107,319
Sep 20192,0371,21655.052.66$115,368
Aug 20191,6802,28553.112.30$94,490
Jul 20191,8431,60856.272.46$107,661
Jun 20191,8571,62852.782.49$102,068
May 20199842,07158.482.74$63,220
Apr 20191,6921,99662.632.75$111,460
Mar 20191,5571,31156.803.06$92,452
Feb 20191,6171,63950.852.79$86,801
Jan 20192,2881,83446.033.23$111,237
Dec 20182,9201,65446.594.19$142,966
Nov 20181,435052.934.24$75,955
Oct 20182,551061.443.40$156,733
Sep 20182,555059.543.11$152,125
Aug 20181,9921,33259.403.07$122,409
Jul 20183,0621,56365.142.93$204,041
Jun 20182,1251,42860.183.08$132,276
May 20184,6332,55265.382.90$310,308
Apr 20182,0461,99963.842.90$136,415
Mar 20185,1192,97561.222.79$321,676
Feb 20183,518061.782.77$217,342
Jan 20183,776062.874.01$237,397
Dec 20174,955057.272.92$283,773
Nov 20174,698055.423.12$260,363
Oct 20175,225049.292.98$257,540
Sep 20175,293047.523.09$251,523
Aug 20176,525045.373.00$296,039
Jul 20176,853043.873.09$300,641
Jun 20177,698042.493.09$327,088
May 20179,723045.373.26$441,133
Apr 201711,813047.933.21$566,197
Mar 201717,097046.772.98$799,627
Feb 20176,674050.452.95$336,703

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                  845 bbl  × $106.41 =    $89,916
Casinghead gas     1,914 Mcf  × $  3.05 =     $5,830

────────────────────────────────────────────────────
Month total                                  $95,746

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/48429 is the state's own key, not one this site invented.