STARK

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

Oil lease lease 50298District 08Field 82572666OilCasinghead gasSave
Value, all time
$44.9 M
Apr 2018 – May 2026
Value, last 12 filed months
$3.7 M
at the published price for each month
Months reported
98
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition620,429 bbl$43,586,322
Casinghead gasProduction362,470 Mcf$1,311,175
Total$44,897,497

Wells on this lease (3)

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 32.4440, -102.5829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.44402, -102.58285 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
4,629 ft
3 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.
3100.0%

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

Between 4,627 and 4,684 ft, median 4,629 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2018 – Nov 2021
3 of 3 wells

3 wells

42-003479862H4,629 ftNov 2021
42-003478483H4,684 ftOct 2018
42-003475571H4,627 ftApr 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 (98)

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

98 months

May 20264,0733,210106.413.05$443,185
Apr 20264,4293,21898.932.87$447,396
Mar 20265,5103,89289.753.15$506,780
Feb 20265,6563,30863.503.75$371,562
Jan 20264,7253,12059.138.00$304,343
Dec 20252,9562,02156.664.41$176,406
Nov 20253,6911,30658.593.93$221,384
Oct 20253,8962,87359.383.30$240,839
Sep 20253,5072,30662.743.08$227,125
Aug 20253,4582,52863.933.01$228,691
Jul 20254,6213,14066.743.32$318,815
Jun 20253,7193,27866.483.13$257,495
May 20255,1263,87160.553.23$322,892
Apr 20256,1424,37362.363.54$398,509
Mar 20256,6224,32867.704.27$466,783
Feb 20255,8303,87070.884.34$430,029
Jan 20254,1063,00174.324.28$317,998
Dec 20242,8491,91368.993.12$202,524
Nov 20245,9184,03569.052.20$417,509
Oct 20246,3784,40871.372.28$465,254
Sep 20246,8524,45069.612.36$487,489
Aug 20245,6984,04975.632.06$439,295
Jul 20246,7404,65079.932.15$548,710
Jun 20247,0614,71478.082.63$563,739
May 20247,0774,97978.812.20$568,684
Apr 20246,0114,28384.451.66$514,735
Mar 20245,1273,63580.301.55$417,315
Feb 20245,5613,56576.091.78$429,495
Jan 20245,8943,25373.023.30$441,107
Dec 20236,4884,00971.262.61$472,801
Nov 20236,2833,84177.892.81$500,167
Oct 20238,7604,19685.443.09$761,409
Sep 20237,6054,33189.042.74$688,995
Aug 20239,1266,13480.522.67$751,221
Jul 20239,4845,48274.852.64$724,360
Jun 20238,3514,61568.962.26$586,308
May 20239,3775,72670.622.23$674,958
Apr 20239,0835,60578.122.24$722,107
Mar 20237,0454,85272.852.39$524,840
Feb 20236,3593,44675.112.47$486,121
Jan 20237,3254,46676.533.39$575,712
Dec 20228,2765,25276.415.73$662,458
Nov 20228,1585,25885.005.65$723,118
Oct 20229,0365,28387.185.86$818,737
Sep 20228,6775,43484.888.16$780,865
Aug 20229,0295,46294.529.13$903,274
Jul 20229,7045,617101.587.54$1,028,096
Jun 20229,4395,166115.097.98$1,127,545
May 202210,3505,929109.378.43$1,181,979
Apr 20229,2535,336104.226.84$1,000,833
Mar 20228,9865,045108.885.08$1,004,006
Feb 20228,9855,03091.054.86$842,524
Jan 202211,4175,87581.844.54$961,026
Dec 202111,5177,15371.323.90$849,283
Nov 20213,1832,54377.435.24$259,777
Oct 20213,2161,87879.795.71$267,335
Sep 20213,1521,86469.865.35$230,173
Aug 20213,4021,94166.024.22$232,792
Jul 20213,5031,99670.783.98$255,891
Jun 20213,7332,10069.493.38$266,505
May 20213,9342,41963.483.02$257,030
Apr 20213,8312,36460.362.76$237,760
Mar 20213,9573,04861.302.72$250,845
Feb 20212,7092,07457.805.55$168,087
Jan 20213,3502,76250.412.81$176,635
Dec 20203,7772,82044.642.68$176,150
Nov 20203,4322,58338.772.71$140,050
Oct 20203,2492,36736.972.48$125,982
Sep 20203,6512,50737.091.99$140,407
Aug 20204,3782,83739.982.39$181,799
Jul 20204,4962,85638.371.83$177,724
Jun 20203,9352,56234.901.69$141,662
May 202015938016.921.81$3,380
Apr 20202,7971,90614.751.80$44,695
Mar 20204,4353,12230.341.86$140,353
Feb 20204,1572,83049.881.98$212,956
Jan 20204,6273,23657.252.09$271,674
Dec 20194,8963,60159.012.30$297,211
Nov 20194,6593,77455.302.75$268,024
Oct 20195,5414,28353.472.42$306,636
Sep 20195,8604,30155.052.66$334,022
Aug 20197,3944,76753.112.30$403,680
Jul 20196,0583,46756.272.46$349,413
Jun 20194,9872,73652.782.49$270,030
May 20196,5042,72158.482.74$387,810
Apr 20196,0142,52162.632.75$383,591
Mar 20197,2252,98056.803.06$419,505
Feb 20198,1803,16450.852.79$424,788
Jan 201910,3883,78746.033.23$490,385
Dec 201811,7914,07346.594.19$566,390
Nov 201813,7344,94352.934.24$747,885
Oct 201817,5826,35961.443.40$1,101,846
Sep 20185,0281,99559.543.11$305,568
Aug 20188,5463,23159.403.07$517,540
Jul 20189,2973,33865.142.93$615,393
Jun 201810,7154,14860.183.08$657,592
May 201810,3784,38165.382.90$691,222
Apr 20187,2432,78563.842.90$470,472

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                4,073 bbl  × $106.41 =   $433,408
Casinghead gas     3,210 Mcf  × $  3.05 =     $9,777

────────────────────────────────────────────────────
Month total                                 $443,185

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/50298 is the state's own key, not one this site invented.