HADRIAN

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 48608District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.6 M
Feb 2017 – May 2026
Value, last 12 filed months
$706 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
OilDisposition229,353 bbl$13,152,360
Casinghead gasProduction139,285 Mcf$421,004
Total$13,573,364

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 32.5003, -102.6014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50030, -102.60145 · 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
4,645 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 4,645 ft.

Completions filed
Feb 2017
1 of 1 wells

1 well

42-003474361H4,645 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 20266461,528106.413.05$73,395
Apr 20267891,80698.932.87$83,238
Mar 20267511,91789.753.15$73,440
Feb 20267224,02563.503.75$60,942
Jan 20265771,57759.138.00$46,731
Dec 202527573756.664.41$18,834
Nov 20258863,72458.593.93$66,533
Oct 20259093,50359.383.30$65,553
Sep 20258233,37262.743.08$62,010
Aug 20255182,50463.933.01$40,665
Jul 20255713,68766.743.32$50,332
Jun 20257015,63466.483.13$64,230
May 20257302,64860.553.23$52,761
Apr 20256532,40362.363.54$49,235
Mar 20258072,45167.704.27$65,096
Feb 20255871,36470.884.34$47,527
Jan 20255562,90074.324.28$53,730
Dec 20241,1522,37168.993.12$86,877
Nov 20245183,13169.052.20$42,651
Oct 20247932,82871.372.28$63,048
Sep 20247162,54869.612.36$55,865
Aug 20247752,09875.632.06$62,943
Jul 20248002,32679.932.15$68,937
Jun 20248841,99078.082.63$74,264
May 20249901,17678.812.20$80,607
Apr 202493733384.451.66$79,682
Mar 20246651,15580.301.55$55,184
Feb 20246611,36976.091.78$52,737
Jan 20249621,93073.023.30$76,610
Dec 20231,0261,78271.262.61$77,765
Nov 20239301,93577.892.81$77,870
Oct 20238631,85385.443.09$79,455
Sep 20231,1031,96089.042.74$103,572
Aug 20231,1062,67480.522.67$96,202
Jul 20231,1763,07774.852.64$96,152
Jun 20235911,70068.962.26$44,595
May 20237342,48770.622.23$57,375
Apr 20231,1183,20978.122.24$94,519
Mar 20231,228072.852.39$89,460
Feb 20238421375.112.47$63,275
Jan 20234692376.533.39$35,970
Dec 2022448076.415.73$34,232
Nov 2022701085.005.65$59,585
Oct 2022953087.185.86$83,083
Sep 20221,2811084.888.16$108,813
Aug 20222784094.529.13$26,642
Jul 20221,1651,198101.587.54$127,376
Jun 20221,31583115.097.98$152,005
May 20221,1660109.378.43$127,525
Apr 20221,0400104.226.84$108,389
Mar 20221,5120108.885.08$164,627
Feb 20221,185091.054.86$107,894
Jan 2022557081.844.54$45,585
Dec 20211,815071.323.90$129,446
Nov 20211,600077.435.24$123,888
Oct 20211,398779.795.71$111,586
Sep 20211,1344369.865.35$79,451
Aug 20211,0762666.024.22$71,147
Jul 20211,21663570.783.98$88,597
Jun 20211,2971,10069.493.38$93,847
May 20211,7543,32063.483.02$121,363
Apr 20211,5382,67160.362.76$100,201
Mar 20218052,06161.302.72$54,946
Feb 2021558057.805.55$32,252
Jan 20211,322050.412.81$66,642
Dec 20201,543044.642.68$68,880
Nov 20201,700038.772.71$65,909
Oct 20201,858036.972.48$68,690
Sep 20201,854037.091.99$68,765
Aug 20202,101039.982.39$83,998
Jul 20202,241038.371.83$85,987
Jun 2020719034.901.69$25,093
May 20200016.921.81$0
Apr 20201,09715414.751.80$16,459
Mar 20201,723030.341.86$52,276
Feb 20201,54515149.881.98$77,364
Jan 20201,5691,34057.252.09$92,632
Dec 20191,9601,09659.012.30$118,185
Nov 20191,9371,26955.302.75$110,607
Oct 20191,6252,06653.472.42$91,885
Sep 20191,8271,94555.052.66$105,745
Aug 20191,2502,96853.112.30$73,227
Jul 20191,3222,60156.272.46$80,788
Jun 20191,2431,79052.782.49$70,065
May 20191,3641,62558.482.74$84,220
Apr 20191,3291,48862.632.75$87,328
Mar 201958561256.803.06$35,102
Feb 20191,10296450.852.79$58,728
Jan 20191,5831,18446.033.23$76,688
Dec 20181,6901,11946.594.19$83,421
Nov 20181,644052.934.24$87,017
Oct 20182,3921,21461.443.40$151,090
Sep 20183,1461,62059.543.11$192,348
Aug 20183,8171,78259.403.07$232,194
Jul 20184,2981,58465.142.93$284,616
Jun 20184,1741,77160.183.08$256,641
May 20182,5931,55665.382.90$174,044
Apr 20184,7432,97363.842.90$311,417
Mar 20184,5503,47161.222.79$288,224
Feb 20184,021061.782.77$248,417
Jan 20182,941062.874.01$184,901
Dec 20174,269057.272.92$244,486
Nov 20175,630055.423.12$312,015
Oct 20176,878049.292.98$339,017
Sep 20175,475047.523.09$260,172
Aug 20177,030045.373.00$318,951
Jul 20178,018043.873.09$351,750
Jun 20179,813042.493.09$416,954
May 201711,563045.373.26$524,613
Apr 201715,381047.933.21$737,211
Mar 201719,238046.772.98$899,761
Feb 20171,318050.452.95$66,493

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                  646 bbl  × $106.41 =    $68,741
Casinghead gas     1,528 Mcf  × $  3.05 =     $4,654

────────────────────────────────────────────────────
Month total                                  $73,395

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/48608 is the state's own key, not one this site invented.