TEXAS MMM

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

Oil lease lease 48899District 08Field 28899166Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.4 M
May 2017 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
109
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 68 leases and 115 wells, and the rule below applies to all of them.

Discovered
1954-11-27
as the register files it
Field class
Oil and gas
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 40 acres. The field rule took effect on 2017-11-07.

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: ALLOCATION FORMULA EFFECTIVE 05/01/2018.

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
OilDisposition20,580 bbl$1,292,625
Casinghead gasProduction36,156 Mcf$119,933
Total$1,412,559

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 32.1720, -102.6016. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17201, -102.60155 · 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
12,600 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 12,600 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-00301639112,600 ftMay 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 (109)

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

109 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 20258410970.884.34$6,427
Jan 20258248174.324.28$8,152
Dec 202416426468.993.12$12,138
Nov 202411225569.052.20$8,294
Oct 202410824371.372.28$8,262
Sep 202410424369.612.36$7,814
Aug 202410525775.632.06$8,472
Jul 202410723979.932.15$9,066
Jun 202415622378.082.63$12,768
May 202410124378.812.20$8,494
Apr 20247923884.451.66$7,066
Mar 20248225280.301.55$6,974
Feb 20248225476.091.78$6,692
Jan 20248219373.023.30$6,624
Dec 20238037671.262.61$6,682
Nov 20237838977.892.81$7,168
Oct 202315235385.443.09$14,077
Sep 20237523589.042.74$7,321
Aug 202313913780.522.67$11,558
Jul 202320914974.852.64$16,037
Jun 202313414068.962.26$9,557
May 202313714570.622.23$9,998
Apr 202319214478.122.24$15,321
Mar 202315419772.852.39$11,690
Feb 202315732775.112.47$12,599
Jan 202328137276.533.39$22,765
Dec 202218423576.415.73$15,406
Nov 202217817685.005.65$16,124
Oct 202228219587.185.86$25,728
Sep 202210017784.888.16$9,933
Aug 202226430694.529.13$27,746
Jul 2022191391101.587.54$22,351
Jun 2022274324115.097.98$34,119
May 2022188256109.378.43$22,720
Apr 2022191228104.226.84$21,465
Mar 2022258268108.885.08$29,452
Feb 202217522191.054.86$17,008
Jan 202227317881.844.54$23,150
Dec 202118721571.323.90$14,175
Nov 202125120977.435.24$20,529
Oct 202117125479.795.71$15,095
Sep 202130229069.865.35$22,649
Aug 202130033466.024.22$21,216
Jul 202135041170.783.98$26,410
Jun 20215191,07369.493.38$39,693
May 202115074463.483.02$11,767
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 20201067416.921.81$1,928
Apr 202015437014.751.80$2,939
Mar 202022953630.341.86$7,943
Feb 20205019349.881.98$2,876
Jan 202018217157.252.09$10,778
Dec 201916927959.012.30$10,616
Nov 201917930555.302.75$10,738
Oct 201927238353.472.42$15,470
Sep 201929151755.052.66$17,393
Aug 201929948353.112.30$16,993
Jul 201918851356.272.46$11,841
Jun 201927749252.782.49$15,846
May 201928450958.482.74$18,003
Apr 201919650562.632.75$13,665
Mar 201934050856.803.06$20,868
Feb 201934755550.852.79$19,195
Jan 201923242246.033.23$12,041
Dec 201810140646.594.19$6,405
Nov 201820851852.934.24$13,204
Oct 201821264461.443.40$15,214
Sep 201828065759.543.11$18,713
Aug 201822965359.403.07$15,605
Jul 201834241765.142.93$23,500
Jun 2018222860.183.08$1,410
May 201834341865.382.90$23,638
Apr 201843264463.842.90$29,447
Mar 201842768061.222.79$28,036
Feb 201873177461.782.77$47,302
Jan 20180062.874.01$0
Dec 20179320257.272.92$5,916
Nov 201727352255.423.12$16,757
Oct 201745485649.292.98$24,932
Sep 201745071447.523.09$23,588
Aug 20175921,14645.373.00$30,302
Jul 20176921,59143.873.09$35,270
Jun 20171,0042,15942.493.09$49,325
May 20171,8763,36945.373.26$96,109

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.

Feb 2025 — as filed, then multipliedworked
Oil                   84 bbl  × $ 70.88 =     $5,954
Casinghead gas       109 Mcf  × $  4.34 =       $473

────────────────────────────────────────────────────
Month total                                   $6,427

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/48899 is the state's own key, not one this site invented.