VICTORIA

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 51881District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.6 M
Nov 2018 – May 2026
Value, last 12 filed months
$606 k
at the published price for each month
Months reported
91
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
OilDisposition68,121 bbl$4,284,697
Casinghead gasProduction98,703 Mcf$282,168
Total$4,566,865

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 32.3629, -102.5775. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36292, -102.57749 · 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
4,583 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 4,583 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-003479081H4,583 ftNov 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 (91)

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

91 months

May 20261,081214106.413.05$115,681
Apr 202646217498.932.87$46,205
Mar 202666925089.753.15$60,830
Feb 202663959263.503.75$42,797
Jan 202661032059.138.00$38,629
Dec 202573234856.664.41$43,011
Nov 202563370558.593.93$39,856
Oct 20255881,04859.383.30$38,379
Sep 20256261,23962.743.08$43,088
Aug 202565670063.933.01$44,048
Jul 202567463366.743.32$47,081
Jun 202565693966.483.13$46,549
May 202559280160.553.23$38,435
Apr 202561573862.363.54$40,966
Mar 202556693767.704.27$42,318
Feb 202547983570.884.34$37,576
Jan 20256031,54074.324.28$51,404
Dec 202456916468.993.12$39,767
Nov 202457520869.052.20$40,161
Oct 202454519771.372.28$39,346
Sep 202454021769.612.36$38,102
Aug 202450445975.632.06$39,065
Jul 20247201,16179.932.15$60,042
Jun 202466798778.082.63$54,679
May 20246221,05178.812.20$51,330
Apr 20246111,24584.451.66$53,665
Mar 202457062680.301.55$46,738
Feb 2024212076.091.78$16,131
Jan 2024229273.023.30$16,728
Dec 20234061071.262.61$28,958
Nov 20234222977.892.81$32,951
Oct 20234496085.443.09$38,548
Sep 20235451789.042.74$48,573
Aug 2023458080.522.67$36,878
Jul 2023422074.852.64$31,587
Jun 202348014868.962.26$33,435
May 202362661570.622.23$45,578
Apr 202346542878.122.24$37,284
Mar 202352889772.852.39$40,611
Feb 202342597575.112.47$34,326
Jan 202345684676.533.39$37,764
Dec 202261087676.415.73$51,629
Nov 202250655285.005.65$46,127
Oct 202251891087.185.86$50,495
Sep 202254897484.888.16$54,466
Aug 202249184094.529.13$54,076
Jul 20225750101.587.54$58,409
Jun 2022523567115.097.98$64,715
May 202236746109.378.43$40,527
Apr 20224620104.226.84$48,150
Mar 20221440108.885.08$15,679
Feb 20224206791.054.86$38,567
Jan 202247933981.844.54$40,740
Dec 202145428471.323.90$33,487
Nov 2021454077.435.24$35,153
Oct 2021521079.795.71$41,571
Sep 2021485069.865.35$33,882
Aug 2021450066.024.22$29,709
Jul 2021520070.783.98$36,806
Jun 2021562069.493.38$39,053
May 2021616063.483.02$39,104
Apr 2021549060.362.76$33,138
Mar 2021457061.302.72$28,014
Feb 2021211057.805.55$12,196
Jan 2021513050.412.81$25,860
Dec 2020458044.642.68$20,445
Nov 2020383038.772.71$14,849
Oct 2020525036.972.48$19,409
Sep 20207743737.091.99$28,781
Aug 202097034239.982.39$39,596
Jul 202034570938.371.83$14,532
Jun 20207912734.901.69$2,972
May 20200016.921.81$0
Apr 20208485,01914.751.80$21,564
Mar 20201,3615,06630.341.86$50,696
Feb 20201,0163,82749.881.98$58,258
Jan 20208155,24057.252.09$57,635
Dec 20191,7055,93759.012.30$114,293
Nov 20191,4566,25155.302.75$97,711
Oct 20191,3666,48553.472.42$88,724
Sep 20191,6694,56055.052.66$103,996
Aug 20191,5555,87253.112.30$96,117
Jul 20191,7004,20156.272.46$105,994
Jun 20191,8132,15252.782.49$101,051
May 20195231,15758.482.74$33,756
Apr 20192,2232,56262.632.75$146,274
Mar 20192,4042,20956.803.06$143,311
Feb 20192,5392,58550.852.79$136,326
Jan 20193,7342,46346.033.23$179,827
Dec 20183,4984,09246.594.19$180,099
Nov 20180052.934.24$0

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                1,081 bbl  × $106.41 =   $115,029
Casinghead gas       214 Mcf  × $  3.05 =       $652

────────────────────────────────────────────────────
Month total                                 $115,681

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/51881 is the state's own key, not one this site invented.