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RUTH 23

Operated by SEEK ENERGY, LLC (P-5 763160) in the HOOVER, NE (VIRGIL LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9720District 10Field 42512500OilCasinghead gasSaveExport
Value, all time
$25.1 M
Mar 2020 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
oil, casinghead gas

The HOOVER, NE (VIRGIL LIME) field

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 9 leases and 10 wells, and the rule below applies to all of them.

Discovered
1967-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1998-09-22.

The Commission's schedule remark for this field reads: “ONE WELL FIELD EFF 05/01/22”

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
OilDisposition339,352 bbl$23,720,693
Casinghead gasProduction428,278 Mcf$1,405,906
Total$25,126,599

Wells on this lease (2)

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 35.5925, -100.8338. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.59250, -100.83381 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,469 ft
2 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.
2100.0%

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

Between 5,688 and 9,250 ft, median 7,469 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2021 – Aug 2024
2 of 2 wells

2 wells

42-1793263785,688 ftAug 2024——
42-179324287029,250 ftOct 2021——

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 (75)

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

75 months

May 20262,9572,700106.413.05$322,878
Apr 20262,9432,61998.932.87$298,667
Mar 20262,9572,77689.753.15$274,134
Feb 20262,6262,46263.503.75$175,984
Jan 20263,1622,76259.138.00$209,059
Dec 20253,0042,91656.664.41$183,076
Nov 20253,1072,72358.593.93$192,731
Oct 20252,9352,85259.383.30$183,706
Sep 20252,9172,89362.743.08$191,914
Aug 20253,2972,63063.933.01$218,706
Jul 20253,2371,80366.743.32$222,015
Jun 20253,4332,72766.483.13$236,758
May 20253,4422,66760.553.23$217,034
Apr 20253,2552,21562.363.54$210,830
Mar 20251,5191,19967.704.27$107,954
Feb 20253,3171,98870.884.34$243,739
Jan 20253,8482,38274.324.28$296,175
Dec 20244,1812,93168.993.12$297,596
Nov 20243,8222,38969.052.20$269,161
Oct 20244,2262,94571.372.28$308,328
Sep 20242,8252,34969.612.36$202,202
Aug 20243,2452,51875.632.06$250,616
Jul 20243,3602,58679.932.15$274,116
Jun 20243,0202,17678.082.63$241,533
May 20243,3772,36878.812.20$271,347
Apr 20248921,10284.451.66$77,158
Mar 20243,3822,46380.301.55$275,380
Feb 20242,3381,97276.091.78$181,416
Jan 20242,2552,55673.023.30$173,089
Dec 20234,0982,40671.262.61$298,305
Nov 20233,6212,17677.892.81$288,149
Oct 20234,3302,54885.443.09$377,822
Sep 20233,4322,15289.042.74$311,471
Aug 20233,0571,86880.522.67$251,143
Jul 20235,7212,90674.852.64$435,894
Jun 20235,2963,17168.962.26$372,374
May 20235,0733,28670.622.23$365,575
Apr 20235,5543,26078.122.24$441,174
Mar 20234,9863,16372.852.39$370,800
Feb 20233,8002,37475.112.47$291,272
Jan 20235,1913,08476.533.39$407,715
Dec 20223,7972,15976.415.73$302,498
Nov 20225,1942,73085.005.65$456,904
Oct 20225,5282,83787.185.86$498,567
Sep 20225,7233,32084.888.16$512,872
Aug 20226,1003,19494.529.13$605,724
Jul 20225,9733,429101.587.54$632,599
Jun 20226,0651,672115.097.98$711,359
May 20227,0041,985109.378.43$782,767
Apr 20226,118300104.226.84$639,669
Mar 20226,616215108.885.08$721,442
Feb 20226,4592,67591.054.86$601,089
Jan 20226,6466,65181.844.54$574,089
Dec 20216,5628,21871.323.90$500,045
Nov 20216,8096,47377.435.24$561,119
Oct 20214,0112,74279.795.71$335,705
Sep 20212,6757,42369.865.35$226,595
Aug 20214,6898,56066.024.22$345,696
Jul 20218,82222,14870.783.98$712,616
Jun 20212,1542,10769.493.38$156,804
May 20213,6387,93463.483.02$254,882
Apr 20215,97415,28960.362.76$402,764
Mar 20216,02515,22161.302.72$410,687
Feb 20216,27216,09557.805.55$451,816
Jan 20216,83825,36350.412.81$415,980
Dec 20207,53427,39444.642.68$409,609
Nov 20207,55531,31838.772.71$377,672
Oct 20206,32231,21436.972.48$311,086
Sep 20205,58826,15437.091.99$259,333
Aug 20207,09119,35539.982.39$329,662
Jul 20205,8776,11838.371.83$236,667
Jun 20205,4486,19734.901.69$200,610
May 20205,8092,90116.921.81$103,553
Apr 20201,9672,95114.751.80$34,338
Mar 20207,4312,87330.341.86$230,789

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                2,957 bbl  × $106.41 =   $314,654
Casinghead gas     2,700 Mcf  × $  3.05 =     $8,224

────────────────────────────────────────────────────
Month total                                 $322,878

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. 10/O/9720 is the state's own key, not one this site invented.