PALLAS

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 50273District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.4 M
Jan 2018 – May 2026
Value, last 12 filed months
$745 k
at the published price for each month
Months reported
101
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
OilDisposition139,780 bbl$9,169,972
Casinghead gasProduction69,262 Mcf$274,492
Total$9,444,464

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 32.4912, -102.6374. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49123, -102.63739 · 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
4,719 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 4,719 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-003476741H4,719 ftJan 2018

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 (101)

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

101 months

May 20269161,048106.413.05$100,664
Apr 202668678798.932.87$70,124
Mar 202697169189.753.15$89,324
Feb 20266571,38963.503.75$46,929
Jan 202665750559.138.00$42,887
Dec 202589367156.664.41$53,559
Nov 20257501,20258.593.93$48,662
Oct 20259801,27759.383.30$62,413
Sep 20258231,28062.743.08$55,573
Aug 202582573963.933.01$54,970
Jul 202583382866.743.32$58,339
Jun 20258751,14166.483.13$61,740
May 20259651,08460.553.23$61,935
Apr 20259591,01662.363.54$63,403
Mar 20251,1341,09167.704.27$81,429
Feb 202566283770.884.34$50,556
Jan 20258521,27274.324.28$68,763
Dec 20241,17473968.993.12$83,301
Nov 202493797069.052.20$66,832
Oct 202497693271.372.28$71,783
Sep 202497996469.612.36$70,427
Aug 202472093875.632.06$56,389
Jul 20248681,04979.932.15$71,631
Jun 20241,06284878.082.63$85,155
May 202461853678.812.20$49,883
Apr 2024605084.451.66$51,092
Mar 202471192580.301.55$58,523
Feb 202488694476.091.78$69,100
Jan 202490272973.023.30$68,268
Dec 202390483171.262.61$66,589
Nov 20231,07780277.892.81$86,139
Oct 20231,10387385.443.09$96,936
Sep 202397473689.042.74$88,738
Aug 20231,0131,01480.522.67$84,277
Jul 20231,1051,17274.852.64$85,805
Jun 20231,2831,21168.962.26$91,211
May 20231,02568870.622.23$73,918
Apr 2023288078.122.24$22,499
Mar 20239691,62072.852.39$74,469
Feb 20236831,52975.112.47$55,070
Jan 20237391,50876.533.39$61,664
Dec 20225471,16276.415.73$48,453
Nov 20226841,04485.005.65$64,035
Oct 202297363987.185.86$88,573
Sep 202295267184.888.16$86,284
Aug 202299262094.529.13$99,423
Jul 20221,065554101.587.54$112,361
Jun 20221,124634115.097.98$134,419
May 20229771,601109.378.43$120,356
Apr 20227461,875104.226.84$90,569
Mar 20221,1811,371108.885.08$135,547
Feb 20221,5711,32791.054.86$149,487
Jan 20221,6931,42281.844.54$145,008
Dec 20211,5241,92471.323.90$116,194
Nov 20211,0773,09977.435.24$99,621
Oct 20219123,99179.795.71$95,573
Sep 20219761,00969.865.35$73,582
Aug 202196524966.024.22$64,760
Jul 20211,021070.783.98$72,266
Jun 20211,096069.493.38$76,161
May 20211,240063.483.02$78,715
Apr 20211,186060.362.76$71,587
Mar 2021937061.302.72$57,438
Feb 2021457057.805.55$26,415
Jan 20211,034050.412.81$52,124
Dec 20201,308044.642.68$58,389
Nov 20201,445038.772.71$56,023
Oct 20209038536.972.48$33,595
Sep 2020169037.091.99$6,268
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202024213134.901.69$8,667
May 20200016.921.81$0
Apr 202091621614.751.80$13,901
Mar 20201,289030.341.86$39,108
Feb 20201,346049.881.98$67,138
Jan 20201,475057.252.09$84,444
Dec 20191,762759.012.30$103,992
Nov 20191,460255.302.75$80,744
Oct 20193794053.472.42$20,362
Sep 20191,274055.052.66$70,134
Aug 20191,022053.112.30$54,278
Jul 2019103056.272.46$5,796
Jun 20192,05931152.782.49$109,449
May 20191,58512658.482.74$93,036
Apr 20191,5763662.632.75$98,804
Mar 20192,4795856.803.06$140,985
Feb 20192,3296450.852.79$118,608
Jan 20191,9576246.033.23$90,281
Dec 20182,63529646.594.19$124,004
Nov 20182,47343052.934.24$132,718
Oct 20183,44025361.443.40$212,213
Sep 20183,66527659.543.11$219,072
Aug 20183,57026659.403.07$212,874
Jul 20183,174065.142.93$206,754
Jun 20185,14715160.183.08$310,211
May 20185,3141,22565.382.90$350,983
Apr 20187,5281,99163.842.90$486,363
Mar 20186,8511,62861.222.79$423,955
Feb 20186,915061.782.77$427,209
Jan 20181,021062.874.01$64,190

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                  916 bbl  × $106.41 =    $97,472
Casinghead gas     1,048 Mcf  × $  3.05 =     $3,192

────────────────────────────────────────────────────
Month total                                 $100,664

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/50273 is the state's own key, not one this site invented.