VESTA

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 50785District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.1 M
Jul 2018 – May 2026
Value, last 12 filed months
$603 k
at the published price for each month
Months reported
95
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
OilDisposition137,766 bbl$8,922,826
Casinghead gasProduction56,966 Mcf$211,528
Total$9,134,354

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 32.3576, -102.5652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35756, -102.56522 · 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
4,602 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 4,602 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-003477281H4,602 ftJul 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 (95)

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

95 months

May 2026747133106.413.05$79,893
Apr 202655214498.932.87$55,023
Mar 202670015189.753.15$63,301
Feb 202663931963.503.75$41,773
Jan 202662211159.138.00$37,667
Dec 20257808556.664.41$44,570
Nov 202573619458.593.93$43,884
Oct 202564331059.383.30$39,206
Sep 202567028362.743.08$42,907
Aug 202570416863.933.01$45,513
Jul 202573412866.743.32$49,412
Jun 202587845966.483.13$59,806
May 202595821660.553.23$58,705
Apr 202588823062.363.54$56,191
Mar 202579221167.704.27$54,519
Feb 202566024270.884.34$47,831
Jan 202597741174.324.28$74,369
Dec 202496213968.993.12$66,802
Nov 202494227869.052.20$65,656
Oct 20241,33836671.372.28$96,328
Sep 20241,22835969.612.36$86,330
Aug 202499031475.632.06$75,522
Jul 20241,13631579.932.15$91,477
Jun 202499125678.082.63$78,052
May 20241,11828778.812.20$88,741
Apr 20241,15435584.451.66$98,044
Mar 20241,23029980.301.55$99,231
Feb 202497223576.091.78$74,379
Jan 202481820773.023.30$60,413
Dec 20231,07534571.262.61$77,505
Nov 20231,12335577.892.81$88,467
Oct 20231,04933285.443.09$90,652
Sep 20231,23828089.042.74$110,997
Aug 20231,24339880.522.67$101,150
Jul 20231,14344574.852.64$86,729
Jun 202398230668.962.26$68,410
May 202371632270.622.23$51,281
Apr 20231,23340778.122.24$97,233
Mar 20231,20962772.852.39$89,576
Feb 20231,09252375.112.47$83,310
Jan 20231,27849876.533.39$99,492
Dec 20221,07834576.415.73$84,347
Nov 20221,14031785.005.65$98,690
Oct 20221,08579487.185.86$99,246
Sep 20221,32694984.888.16$120,298
Aug 20221,45395594.529.13$146,054
Jul 20221,2960101.587.54$131,648
Jun 20221,180662115.097.98$141,087
May 20221,183933109.378.43$137,253
Apr 2022778804104.226.84$86,581
Mar 20221,226206108.885.08$134,533
Feb 20221,04645591.054.86$97,449
Jan 20221,11568981.844.54$94,378
Dec 20211,30586671.323.90$96,449
Nov 20211,0611,05577.435.24$87,678
Oct 20211,1351,30379.795.71$98,007
Sep 20211,15371969.865.35$84,396
Aug 20211,31775166.024.22$90,118
Jul 20211,44494170.783.98$105,953
Jun 20211,57486769.493.38$112,308
May 20211,4421,28063.483.02$95,401
Apr 20211,3771,23160.362.76$86,511
Mar 20211,4481,97861.302.72$94,137
Feb 20217021,73257.805.55$50,185
Jan 20211,2631,75950.412.81$68,611
Dec 20201,3791,73744.642.68$66,206
Nov 20201,1651,66938.772.71$49,684
Oct 20201,1441,37136.972.48$45,692
Sep 20201,1441,47137.091.99$45,360
Aug 20208871,29339.982.39$38,546
Jul 20201,0591,59438.371.83$43,543
Jun 202035637734.901.69$13,062
May 20200016.921.81$0
Apr 2020923014.751.80$13,614
Mar 20201,242030.341.86$37,682
Feb 20202,479049.881.98$123,653
Jan 20203,647057.252.09$208,791
Dec 20191,981059.012.30$116,899
Nov 20191,666055.302.75$92,130
Oct 20191,874053.472.42$100,203
Sep 201993419955.052.66$51,946
Aug 20191,01634553.112.30$54,755
Jul 20190956.272.46$22
Jun 201934815952.782.49$18,764
May 20192,33490358.482.74$138,967
Apr 20192,5991,47262.632.75$166,824
Mar 20193,02498856.803.06$174,789
Feb 20192,86999450.852.79$148,664
Jan 20193,6941,26646.033.23$174,122
Dec 20185,0672,51346.594.19$246,590
Nov 20185,4623,07652.934.24$302,137
Oct 20185,7211,49061.443.40$356,561
Sep 20186,35540659.543.11$379,639
Aug 20187,649059.403.07$454,351
Jul 20181,681065.142.93$109,500

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                  747 bbl  × $106.41 =    $79,488
Casinghead gas       133 Mcf  × $  3.05 =       $405

────────────────────────────────────────────────────
Month total                                  $79,893

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/50785 is the state's own key, not one this site invented.