MURTIA

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 51712District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.8 M
Sep 2018 – May 2026
Value, last 12 filed months
$506 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
OilDisposition66,794 bbl$4,267,245
Casinghead gasProduction133,846 Mcf$533,140
Total$4,800,385

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 20264081,227106.413.05$47,153
Apr 20263841,38998.932.87$41,975
Mar 20265921,19189.753.15$56,883
Feb 20262812,65563.503.75$27,801
Jan 202631268659.138.00$23,935
Dec 20256541,27056.664.41$42,661
Nov 20254762,18558.593.93$36,468
Oct 20255702,43059.383.30$41,877
Sep 20255872,33762.743.08$44,019
Aug 20255791,40463.933.01$41,248
Jul 20256041,61866.743.32$45,675
Jun 20257462,13566.483.13$56,274
May 202526056560.553.23$17,569
Apr 20256081,25762.363.54$42,369
Mar 202538372767.704.27$29,032
Feb 202533670070.884.34$26,854
Jan 202538590874.324.28$32,498
Dec 202476157768.993.12$54,302
Nov 202451782169.052.20$37,504
Oct 202439980671.372.28$30,315
Sep 20246081,36069.612.36$45,538
Aug 20244691,75875.632.06$39,098
Jul 202445496179.932.15$38,351
Jun 202444078478.082.63$36,420
May 202444483678.812.20$36,830
Apr 202432086284.451.66$28,454
Mar 202446877480.301.55$38,776
Feb 202447346276.091.78$36,815
Jan 20244521,03473.023.30$36,415
Dec 20233861,13571.262.61$30,470
Nov 20233341,01077.892.81$28,851
Oct 202340095785.443.09$37,131
Sep 202365867789.042.74$60,440
Aug 20234181,06480.522.67$36,501
Jul 20233961,21674.852.64$32,853
Jun 202338192668.962.26$28,365
May 20233761,27270.622.23$29,386
Apr 2023410078.122.24$32,029
Mar 20235041,99372.852.39$41,486
Feb 20234451,71675.112.47$37,655
Jan 20234911,84176.533.39$43,813
Dec 20225271,71676.415.73$50,099
Nov 202242372585.005.65$40,048
Oct 20224992,24287.185.86$56,649
Sep 20227182,13884.888.16$78,398
Aug 20224262,67394.529.13$64,662
Jul 20227222,355101.587.54$91,102
Jun 20225842,094115.097.98$83,917
May 20227183,876109.378.43$111,214
Apr 20225154,226104.226.84$82,569
Mar 20226942,494108.885.08$88,223
Feb 20225871,42491.054.86$60,365
Jan 20226101,85581.844.54$58,340
Dec 20216222,36171.323.90$53,567
Nov 20216602,91977.435.24$66,390
Oct 20217143,51679.795.71$77,060
Sep 20217801,77969.865.35$64,010
Aug 2021789066.024.22$52,090
Jul 2021638070.783.98$45,158
Jun 2021451069.493.38$31,340
May 2021544063.483.02$34,533
Apr 2021579060.362.76$34,948
Mar 2021728061.302.72$44,626
Feb 2021161057.805.55$9,306
Jan 2021456050.412.81$22,987
Dec 2020743044.642.68$33,168
Nov 2020935038.772.71$36,250
Oct 2020510036.972.48$18,855
Sep 2020588037.091.99$21,809
Aug 2020875039.982.39$34,983
Jul 20201,043038.371.83$40,020
Jun 2020870034.901.69$30,363
May 20200016.921.81$0
Apr 202054014.751.80$797
Mar 20201,084030.341.86$32,889
Feb 2020899049.881.98$44,842
Jan 20201,202057.252.09$68,815
Dec 20191,352059.012.30$79,782
Nov 20191,2341,85555.302.75$73,343
Oct 20191,1494,64553.472.42$72,671
Sep 20191,2643,49155.052.66$78,860
Aug 20191,3724,25553.112.30$82,672
Jul 20191,3463,21356.272.46$83,644
Jun 20191,3693,81652.782.49$81,762
May 20191,4694,31958.482.74$97,743
Apr 20191,4062,69462.632.75$95,468
Mar 20191,5901,96256.803.06$96,320
Feb 20191,6382,43650.852.79$90,094
Jan 20191,9892,71546.033.23$100,318
Dec 20182,1723,68946.594.19$116,634
Nov 20181,9593,92352.934.24$120,313
Oct 20182,2291,58161.443.40$142,322
Sep 20181,1391,33359.543.11$71,959

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                  408 bbl  × $106.41 =    $43,415
Casinghead gas     1,227 Mcf  × $  3.05 =     $3,737

────────────────────────────────────────────────────
Month total                                  $47,153

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/51712 is the state's own key, not one this site invented.