FORTUNA

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 50783District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.2 M
Sep 2018 – May 2026
Value, last 12 filed months
$492 k
at the published price for each month
Months reported
93
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
OilDisposition76,647 bbl$4,838,119
Casinghead gasProduction112,552 Mcf$386,460
Total$5,224,579

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 32.4480, -102.6441. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44803, -102.64414 · 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
4,710 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 4,710 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-003477451H4,710 ftSep 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 (93)

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

93 months

May 2026503725106.413.05$55,732
Apr 202645287598.932.87$47,227
Mar 202657470189.753.15$53,724
Feb 20265751,86963.503.75$43,522
Jan 202634944359.138.00$24,179
Dec 202555765056.664.41$34,428
Nov 20255411,22858.593.93$36,519
Oct 20255391,29959.383.30$36,299
Sep 20257191,23362.743.08$48,904
Aug 202551269063.933.01$34,812
Jul 202556459166.743.32$39,601
Jun 202551696066.483.13$37,307
May 202550476560.553.23$32,990
Apr 202541470362.363.54$28,308
Mar 202548387067.704.27$36,413
Feb 202545171370.884.34$35,062
Jan 20254001,26474.324.28$35,136
Dec 202431061868.993.12$23,316
Nov 202454796269.052.20$39,885
Oct 202453583071.372.28$40,077
Sep 202454490169.612.36$39,998
Aug 202458578175.632.06$45,855
Jul 202455882579.932.15$46,372
Jun 202447870978.082.63$39,190
May 202464761878.812.20$52,349
Apr 202462056484.451.66$53,295
Mar 202456649680.301.55$46,216
Feb 202453855676.091.78$41,928
Jan 202444553173.023.30$34,245
Dec 202357061571.262.61$42,224
Nov 202337264277.892.81$30,778
Oct 202349955185.443.09$44,336
Sep 202358056889.042.74$53,197
Aug 202341960480.522.67$35,352
Jul 202354461074.852.64$42,330
Jun 202382783468.962.26$58,913
May 20234741,03470.622.23$35,777
Apr 202350886478.122.24$41,618
Mar 202333490272.852.39$26,491
Feb 202328654675.112.47$22,828
Jan 202338296476.533.39$32,500
Dec 202247762776.415.73$40,040
Nov 202251055685.005.65$46,489
Oct 20225231,03387.185.86$51,652
Sep 202251493484.888.16$51,253
Aug 20226101,36694.529.13$70,125
Jul 20226221,102101.587.54$71,494
Jun 20226971,020115.097.98$88,354
May 20227401,377109.378.43$92,546
Apr 20225831,252104.226.84$69,321
Mar 2022584990108.885.08$68,612
Feb 202242079191.054.86$42,084
Jan 202250079181.844.54$44,509
Dec 20214311,00371.323.90$34,650
Nov 20214011,06177.435.24$36,606
Oct 20214331,59779.795.71$43,674
Sep 202151184969.865.35$40,241
Aug 202127494666.024.22$22,082
Jul 20215077670.783.98$36,188
Jun 202159682969.493.38$44,219
May 20217472,15463.483.02$53,920
Apr 20217401,90960.362.76$49,932
Mar 20218053,58261.302.72$59,079
Feb 20213812,28057.805.55$34,671
Jan 20216113,46550.412.81$40,538
Dec 20206692,63144.642.68$36,903
Nov 20208502,63738.772.71$40,092
Oct 20208672,31236.972.48$37,783
Sep 20207582,48337.091.99$33,058
Aug 20201,0522,25539.982.39$47,437
Jul 20201,3501,44038.371.83$54,428
Jun 20205001,93634.901.69$20,722
May 2020052916.921.81$960
Apr 20205771,89514.751.80$11,930
Mar 20209682,49130.341.86$33,993
Feb 20209411,99649.881.98$50,891
Jan 20207761,93957.252.09$48,488
Dec 20191,1652,37459.012.30$74,217
Nov 20191,5122,47455.302.75$90,419
Oct 20191,2092,26853.472.42$70,130
Sep 20191,35024455.052.66$74,966
Aug 20191,48711653.112.30$79,242
Jul 20191,73263656.272.46$99,024
Jun 201985266052.782.49$46,613
May 20192,11310358.482.74$123,850
Apr 20191,7161,06662.632.75$110,405
Mar 20191,36334356.803.06$78,469
Feb 201999866450.852.79$52,602
Jan 20191,6411,83246.033.23$81,449
Dec 20182,4333,27346.594.19$127,052
Nov 20182,9555,00952.934.24$177,632
Oct 20185,1342,65261.443.40$324,445
Sep 20185,641059.543.11$335,865

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                  503 bbl  × $106.41 =    $53,524
Casinghead gas       725 Mcf  × $  3.05 =     $2,208

────────────────────────────────────────────────────
Month total                                  $55,732

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/50783 is the state's own key, not one this site invented.