PERSEPHONE

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 48959District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.4 M
Jun 2017 – May 2026
Value, last 12 filed months
$699 k
at the published price for each month
Months reported
108
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
OilDisposition266,329 bbl$15,745,512
Casinghead gasProduction171,464 Mcf$614,201
Total$16,359,713

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 32.5179, -102.6201. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.51791, -102.62008 · 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
4,662 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 4,662 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-003475321H4,662 ftJun 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 (108)

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

108 months

May 20268811,319106.413.05$97,765
Apr 20268461,34998.932.87$87,566
Mar 20269651,21689.753.15$90,438
Feb 20267632,66363.503.75$58,438
Jan 202670190559.138.00$48,688
Dec 20251,0971,34656.664.41$68,096
Nov 20258652,55358.593.93$60,705
Oct 20257922,02559.383.30$53,721
Sep 202538586662.743.08$26,820
Aug 20257511,17763.933.01$51,560
Jul 202547694866.743.32$34,911
Jun 20252461,17966.483.13$20,043
May 202517882160.553.23$13,432
Apr 202528449962.363.54$19,478
Mar 20251,0581,89567.704.27$79,715
Feb 20259652,05070.884.34$77,298
Jan 20259882,92874.324.28$85,956
Dec 20241,1201,39168.993.12$81,611
Nov 20249192,35769.052.20$68,639
Oct 20241,0322,33371.372.28$78,976
Sep 20241,0392,24569.612.36$77,633
Aug 20241,0312,15075.632.06$82,411
Jul 20241,2612,20379.932.15$105,521
Jun 20241,1901,82578.082.63$97,722
May 20241,1131,95078.812.20$92,002
Apr 20241,0671,91784.451.66$93,289
Mar 20241,0091,50780.301.55$83,351
Feb 20248433,26176.091.78$69,960
Jan 20241,2682,23673.023.30$99,963
Dec 20231,4251,50771.262.61$105,480
Nov 20231,2202,10677.892.81$100,939
Oct 20231,3241,95785.443.09$119,164
Sep 20231,4261,75589.042.74$131,771
Aug 20231,4832,07780.522.67$124,963
Jul 20231,3672,53574.852.64$109,017
Jun 20239701,81368.962.26$70,986
May 20231,5462,51870.622.23$114,787
Apr 20239231,87278.122.24$76,294
Mar 20231,1663,18972.852.39$92,575
Feb 20239563,09475.112.47$79,434
Jan 20239562,02876.533.39$80,033
Dec 20221,0042,94376.415.73$93,576
Nov 20221,3681,87285.005.65$126,850
Oct 20221,4281,60387.185.86$133,893
Sep 20221,4363,62484.888.16$151,473
Aug 20221,2403,16194.529.13$146,056
Jul 20221,5663,077101.587.54$182,281
Jun 20221,7081,929115.097.98$211,962
May 20221,2470109.378.43$136,384
Apr 20221,3711,602104.226.84$153,839
Mar 20222,0122,718108.885.08$232,864
Feb 20221,8052,39191.054.86$175,963
Jan 20221,5991,91081.844.54$139,529
Dec 20211,6022,07371.323.90$122,338
Nov 20211,3513,14877.435.24$121,094
Oct 20211,90161679.795.71$155,201
Sep 20212,00534969.865.35$141,937
Aug 20212,1911,86566.024.22$152,521
Jul 20211,9913,28370.783.98$153,996
Jun 20212,1433,35669.493.38$160,262
May 20212,2182,48863.483.02$148,307
Apr 20212,44634560.362.76$148,592
Mar 20211,86615061.302.72$114,793
Feb 20211,370057.805.55$79,186
Jan 20212,08575950.412.81$107,238
Dec 20202,33763144.642.68$106,012
Nov 20202,2968738.772.71$89,251
Oct 20202,05474336.972.48$77,778
Sep 20202,7321,60337.091.99$104,522
Aug 20203,2494,80439.982.39$141,353
Jul 20202,4934,45638.371.83$103,789
Jun 202025849734.901.69$9,844
May 2020052116.921.81$945
Apr 20201,5263914.751.80$22,579
Mar 20202,149030.341.86$65,201
Feb 20202,243049.881.98$111,881
Jan 20202,239057.252.09$128,183
Dec 20192,617059.012.30$154,429
Nov 20192,413055.302.75$133,439
Oct 20192,027053.472.42$108,384
Sep 20192,255055.052.66$124,138
Aug 20192,051153.112.30$108,931
Jul 20192,1021,56956.272.46$122,139
Jun 20192,3752,03752.782.49$130,427
May 20192,5682,60958.482.74$157,326
Apr 20192,7032,10862.632.75$175,087
Mar 20193,0211,24456.803.06$175,402
Feb 20191,90987650.852.79$99,519
Jan 20193,4801,59546.033.23$165,333
Dec 20184,2332,52346.594.19$207,775
Nov 20183,5892,81652.934.24$201,898
Oct 20183,9421,44561.443.40$247,107
Sep 20184,3231,92559.543.11$263,374
Aug 20183,0502,13859.403.07$187,726
Jul 20182,9511,23165.142.93$195,837
Jun 20183,7181,38860.183.08$228,020
May 20185,1382,76565.382.90$343,943
Apr 20185,1253,50463.842.90$337,344
Mar 20185,8703,48261.222.79$369,065
Feb 20185,778061.782.77$356,965
Jan 20185,761062.874.01$362,194
Dec 20177,176057.272.92$410,970
Nov 20177,322055.423.12$405,785
Oct 20179,054049.292.98$446,272
Sep 201711,063047.523.09$525,714
Aug 201714,788045.373.00$670,932
Jul 201720,314043.873.09$891,175
Jun 20179,189042.493.09$390,441

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                  881 bbl  × $106.41 =    $93,747
Casinghead gas     1,319 Mcf  × $  3.05 =     $4,017

────────────────────────────────────────────────────
Month total                                  $97,765

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/48959 is the state's own key, not one this site invented.