VENTI

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 51929District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.1 M
Dec 2018 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
90
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
OilDisposition59,322 bbl$3,053,440
Casinghead gasProduction33,840 Mcf$91,770
Total$3,145,210

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 32.3646, -102.5711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36465, -102.57109 · 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
4,580 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 4,580 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-003479101H4,580 ftDec 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 (90)

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

90 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20238070.622.23$565
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220801101.587.54$6,041
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221165104.226.84$1,591
Mar 202281119108.885.08$9,423
Feb 2022919391.054.86$8,737
Jan 202212114281.844.54$10,547
Dec 20216071.323.90$428
Nov 202184077.435.24$6,504
Oct 2021398079.795.71$31,756
Sep 2021177069.865.35$12,365
Aug 2021965066.024.22$63,709
Jul 2021696070.783.98$49,263
Jun 2021159069.493.38$11,049
May 2021950063.483.02$60,306
Apr 20211,238060.362.76$74,726
Mar 2021488061.302.72$29,914
Feb 20215331,44657.805.55$38,830
Jan 20211,3221,98150.412.81$72,209
Dec 20201,2311,60544.642.68$59,246
Nov 20201,3431,58438.772.71$56,355
Oct 20201,3191,51436.972.48$52,516
Sep 20201,3701,56937.091.99$53,937
Aug 20201,3361,18739.982.39$56,244
Jul 20201,4891,45038.371.83$59,779
Jun 202057956734.901.69$21,166
May 202006516.921.81$118
Apr 20201,1711,59314.751.80$20,147
Mar 20201,8711,79730.341.86$60,102
Feb 20201,1471,34049.881.98$59,866
Jan 20201,0361,96457.252.09$63,425
Dec 20192,2442,41559.012.30$137,983
Nov 20191,8211,15755.302.75$103,884
Oct 20191,72414153.472.42$92,523
Sep 20191,38037755.052.66$76,971
Aug 20191,22219053.112.30$65,338
Jul 20192,4591,30756.272.46$141,583
Jun 20192,6691,39852.782.49$144,353
May 20194,7432,05158.482.74$282,991
Apr 20193,47566062.632.75$219,455
Mar 20193,9523256.803.06$224,572
Feb 20194,73141950.852.79$241,741
Jan 20197,1952,81146.033.23$340,260
Dec 2018487046.594.19$22,689

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 2023 — as filed, then multipliedworked
Oil                    8 bbl  × $ 70.62 =       $565
Casinghead gas         0 Mcf  × $  2.23 =         $0

────────────────────────────────────────────────────
Month total                                     $565

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/51929 is the state's own key, not one this site invented.