TRITON

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 50003District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.8 M
Dec 2017 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
102
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
OilDisposition48,350 bbl$2,765,216
Casinghead gasProduction27,397 Mcf$81,781
Total$2,846,997

Every month this lease reported (102)

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

102 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 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202320070.622.23$1,412
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202117549079.795.71$16,763
Sep 202124837169.865.35$19,310
Aug 202124827566.024.22$17,534
Jul 202135152870.783.98$26,946
Jun 202136164369.493.38$27,260
May 20214421,51763.483.02$32,636
Apr 20213371,81860.362.76$25,356
Mar 2021317061.302.72$19,432
Feb 202126689457.805.55$20,335
Jan 20213651,85450.412.81$23,610
Dec 20205231,50544.642.68$27,373
Nov 20204681,47038.772.71$22,123
Oct 20204151,28836.972.48$18,535
Sep 20204591,38237.091.99$19,776
Aug 20204961,28839.982.39$22,902
Jul 20205471,49338.371.83$23,713
Jun 202015979034.901.69$6,884
May 20200016.921.81$0
Apr 2020535014.751.80$7,891
Mar 2020753030.341.86$22,846
Feb 2020629049.881.98$31,375
Jan 2020812057.252.09$46,487
Dec 2019900059.012.30$53,109
Nov 2019807055.302.75$44,627
Oct 2019830053.472.42$44,380
Sep 20199376655.052.66$51,757
Aug 20191,04366753.112.30$56,931
Jul 20191,01338056.272.46$57,936
Jun 201994916752.782.49$50,504
May 201995670058.482.74$57,825
Apr 201996573462.632.75$62,457
Mar 20191,02430956.803.06$59,109
Feb 201988011850.852.79$45,077
Jan 201987019946.033.23$40,689
Dec 20181,17340546.594.19$56,345
Nov 20189731,14452.934.24$56,348
Oct 20181,2111,02961.443.40$77,900
Sep 20181,4551,41059.543.11$91,013
Aug 20181,5831,01159.403.07$97,130
Jul 20181,4121,24965.142.93$95,640
Jun 20182,13714760.183.08$129,057
May 20182,371065.382.90$155,016
Apr 20182,5104163.842.90$160,357
Mar 20183,4091561.222.79$208,741
Feb 20182,969061.782.77$183,425
Jan 20184,918062.874.01$309,195
Dec 20172,129057.272.92$121,928

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 2023 — as filed, then multipliedworked
Oil                   20 bbl  × $ 70.62 =     $1,412
Casinghead gas         0 Mcf  × $  2.23 =         $0

────────────────────────────────────────────────────
Month total                                   $1,412

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/50003 is the state's own key, not one this site invented.