SCIPIO

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 48963District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.9 M
Jul 2017 – May 2026
Value, last 12 filed months
$315 k
at the published price for each month
Months reported
107
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
OilDisposition100,575 bbl$5,860,566
Casinghead gasProduction19,818 Mcf$59,926
Total$5,920,493

Every month this lease reported (107)

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

107 months

May 2026386396106.413.05$42,280
Apr 202633834598.932.87$34,428
Mar 202638822689.753.15$35,535
Feb 202620650463.503.75$14,971
Jan 202628117859.138.00$18,039
Dec 202537322456.664.41$22,123
Nov 202526462358.593.93$17,914
Oct 202528354159.383.30$18,592
Sep 202537753762.743.08$25,305
Aug 202535545663.933.01$24,070
Jul 202536539966.743.32$25,683
Jun 202552246766.483.13$36,164
May 202542636160.553.23$26,961
Apr 202538735562.363.54$25,391
Mar 202536946867.704.27$26,979
Feb 202534042370.884.34$25,935
Jan 202537061474.324.28$30,126
Dec 202430431968.993.12$21,969
Nov 202421840369.052.20$15,939
Oct 20243451,09771.372.28$27,125
Sep 20243991,57769.612.36$31,503
Aug 202448475075.632.06$38,153
Jul 202443123179.932.15$34,946
Jun 202435011378.082.63$27,626
May 20242352178.812.20$18,567
Apr 2024112884.451.66$9,472
Mar 2024177980.301.55$14,227
Feb 202431933676.091.78$24,872
Jan 202455829573.023.30$41,718
Dec 202344325171.262.61$32,223
Nov 202340423677.892.81$32,130
Oct 202337528985.443.09$32,932
Sep 202337418189.042.74$33,796
Aug 202328137180.522.67$23,618
Jul 202340523874.852.64$30,943
Jun 202339529868.962.26$27,912
May 202349528270.622.23$35,585
Apr 202341933478.122.24$33,480
Mar 20233843372.852.39$28,053
Feb 20234053675.112.47$30,508
Jan 2023396076.533.39$30,306
Dec 2022419076.415.73$32,016
Nov 2022510085.005.65$43,350
Oct 2022406087.185.86$35,395
Sep 2022489084.888.16$41,506
Aug 2022357094.529.13$33,744
Jul 20222950101.587.54$29,966
Jun 20222470115.097.98$28,427
May 20222700109.378.43$29,530
Apr 20222100104.226.84$21,886
Mar 20224130108.885.08$44,967
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021269071.323.90$19,185
Nov 2021375077.435.24$29,036
Oct 2021532079.795.71$42,448
Sep 2021708069.865.35$49,461
Aug 2021372066.024.22$24,559
Jul 2021787070.783.98$55,704
Jun 2021721069.493.38$50,102
May 2021725063.483.02$46,023
Apr 2021725060.362.76$43,761
Mar 2021852061.302.72$52,228
Feb 2021326057.805.55$18,843
Jan 2021541050.412.81$27,272
Dec 2020676044.642.68$30,177
Nov 2020570038.772.71$22,099
Oct 2020794036.972.48$29,354
Sep 2020919037.091.99$34,086
Aug 2020802039.982.39$32,064
Jul 2020881038.371.83$33,804
Jun 2020145034.901.69$5,061
May 20200016.921.81$0
Apr 2020599014.751.80$8,835
Mar 2020812030.341.86$24,636
Feb 2020696049.881.98$34,716
Jan 2020925057.252.09$52,956
Dec 20191,000059.012.30$59,010
Nov 2019961055.302.75$53,143
Oct 2019928053.472.42$49,620
Sep 20191,276055.052.66$70,244
Aug 20191,043053.112.30$55,394
Jul 20191,107056.272.46$62,291
Jun 20191,411052.782.49$74,473
May 20191,433058.482.74$83,802
Apr 20191,315062.632.75$82,358
Mar 20191,311056.803.06$74,465
Feb 20191,097050.852.79$55,782
Jan 20191,518046.033.23$69,874
Dec 20181,28732346.594.19$61,313
Nov 20181,503052.934.24$79,554
Oct 20188763261.443.40$53,930
Sep 20181,76772059.543.11$107,445
Aug 20181,9741,01759.403.07$120,374
Jul 201878643665.142.93$52,478
Jun 201832213260.183.08$19,784
May 20181,83948365.382.90$121,635
Apr 20182,59575363.842.90$167,849
Mar 20182,9791,09761.222.79$185,432
Feb 20182,182061.782.77$134,804
Jan 20183,897062.874.01$245,004
Dec 20175,459057.272.92$312,637
Nov 20173,848055.423.12$213,256
Oct 20175,797049.292.98$285,734
Sep 20176,405047.523.09$304,366
Aug 20176,703045.373.00$304,115
Jul 20172,850043.873.09$125,030

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                  386 bbl  × $106.41 =    $41,074
Casinghead gas       396 Mcf  × $  3.05 =     $1,206

────────────────────────────────────────────────────
Month total                                  $42,280

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/48963 is the state's own key, not one this site invented.