CRONUS

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 50457District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.5 M
May 2018 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
97
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
OilDisposition154,549 bbl$9,391,894
Casinghead gasProduction27,391 Mcf$79,678
Total$9,471,572

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 32.4939, -102.6264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49385, -102.62644 · 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
4,688 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 4,688 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-003477801H4,688 ftMay 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 (97)

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

97 months

May 20269528106.413.05$10,194
Apr 20261151698.932.87$11,423
Mar 20261891689.753.15$17,013
Feb 20262937263.503.75$18,876
Jan 2026101059.138.00$671
Dec 2025431456.664.41$2,498
Nov 2025261958.593.93$1,598
Oct 20255759.383.30$320
Sep 2025573662.743.08$3,687
Aug 2025814863.933.01$5,323
Jul 202519113466.743.32$13,192
Jun 20251066.483.13$66
May 2025548060.553.23$3,528
Apr 202521416662.363.54$13,933
Mar 2025433767.704.27$3,069
Feb 202517116570.884.34$12,837
Jan 202532357074.324.28$26,444
Dec 202415012768.993.12$10,745
Nov 202410818869.052.20$7,871
Oct 202448830371.372.28$35,520
Sep 202445036269.612.36$32,180
Aug 20241,01922575.632.06$77,531
Jul 202441427979.932.15$33,690
Jun 202416510978.082.63$13,170
May 202433426778.812.20$26,910
Apr 202425717184.451.66$21,987
Mar 202444673180.301.55$36,943
Feb 202449464776.091.78$38,742
Jan 20248545673.023.30$7,710
Dec 202383080671.262.61$61,250
Nov 202397546677.892.81$77,251
Oct 202350164385.443.09$44,791
Sep 202337545589.042.74$34,634
Aug 202368686080.522.67$57,535
Jul 20236061,22374.852.64$48,590
Jun 20236961,22568.962.26$50,763
May 20235421,23370.622.23$41,022
Apr 20235761,31578.122.24$47,940
Mar 20236811,86472.852.39$54,072
Feb 2023381075.112.47$28,617
Jan 20236141576.533.39$6,074
Dec 202253195476.415.73$46,039
Nov 202227052385.005.65$25,903
Oct 2022958087.185.86$83,518
Sep 20221,152084.888.16$97,782
Aug 20221,37475994.529.13$136,798
Jul 20221,4080101.587.54$143,025
Jun 20221,34946115.097.98$155,623
May 20221,42017109.378.43$155,449
Apr 20221,2770104.226.84$133,089
Mar 20221,5010108.885.08$163,429
Feb 2022220091.054.86$20,031
Jan 202279081.844.54$6,465
Dec 2021562971.323.90$4,107
Nov 2021802677.435.24$62,130
Oct 20211,2814079.795.71$102,440
Sep 20211,468069.865.35$102,554
Aug 20211,676066.024.22$110,650
Jul 20211,939070.783.98$137,242
Jun 20212,143069.493.38$148,917
May 20212,051063.483.02$130,197
Apr 20211,919060.362.76$115,831
Mar 20211,510061.302.72$92,563
Feb 2021334057.805.55$19,305
Jan 2021899050.412.81$45,319
Dec 20201,6362344.642.68$73,093
Nov 20201,8204838.772.71$70,691
Oct 20201,8077836.972.48$66,998
Sep 20202,087037.091.99$77,407
Aug 20202,4814739.982.39$99,302
Jul 20202,71031238.371.83$104,552
Jun 20207272334.901.69$25,411
May 20200016.921.81$0
Apr 20201,5817914.751.80$23,462
Mar 20202,47810830.341.86$75,383
Feb 20201,59951849.881.98$80,784
Jan 20202,34139557.252.09$134,850
Dec 20192,74620259.012.30$162,507
Nov 20192,64917355.302.75$146,966
Oct 20192,54416953.472.42$136,436
Sep 20192,4736255.052.66$136,303
Aug 20192,7589753.112.30$146,701
Jul 20193,2312,20656.272.46$187,235
Jun 20193,7252,16652.782.49$202,001
May 20194,0091,55358.482.74$238,702
Apr 20194,252362.632.75$266,311
Mar 20192,9868556.803.06$169,865
Feb 20193,90225650.852.79$199,132
Jan 20194,52935746.033.23$209,622
Dec 20183,940046.594.19$183,565
Nov 20184,369052.934.24$231,251
Oct 20185,398061.443.40$331,653
Sep 20185,773059.543.11$343,724
Aug 20186,195059.403.07$367,983
Jul 20187,239065.142.93$471,548
Jun 201811,5972460.183.08$697,981
May 20188,11924565.382.90$531,531

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                   95 bbl  × $106.41 =    $10,109
Casinghead gas        28 Mcf  × $  3.05 =        $85

────────────────────────────────────────────────────
Month total                                  $10,194

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/50457 is the state's own key, not one this site invented.