RINGO

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11688District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$860 k
Jan 1993 – Feb 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
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 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition17,151 bbl$420,533
Casinghead gasProduction134,928 Mcf$439,139
Total$859,671

38,718 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.4248, -101.6855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42476, -101.68551 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,250 ft
1 wells filed one
Completion to plug
2.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,250 ft.

Completions filed
Sep 2008
1 of 1 wells
Plug dates filed
Jan 2011
1 of 1 wells

Last completion to plug: a median of 2.3 years across the 1 well that filed both dates, with the middle half between 2.3 years and 2.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833359218,250 ftSep 2008Jan 2011Yes

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 (230)

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

230 months

Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200701770.906.39$109
Jun 200717446462.007.55$14,290
May 2007052558.747.85$4,119
Apr 200718255259.617.81$15,157
Mar 2007059956.927.30$4,374
Feb 200717852155.108.22$14,088
Jan 2007053750.306.73$3,612
Dec 200617854156.656.92$13,827
Nov 2006085054.207.62$6,475
Oct 2006086954.906.01$5,226
Sep 200617871660.085.04$14,301
Aug 200601,02668.717.34$7,531
Jul 2006069169.376.34$4,383
Jun 200617362166.286.38$15,431
May 2006078066.016.42$5,012
Apr 2006075264.397.36$5,535
Mar 200615862956.707.08$13,414
Feb 2006056257.597.75$4,356
Jan 200617793860.598.93$19,104
Dec 2005062154.9413.42$8,331
Nov 2005056754.6910.59$6,004
Oct 200518365958.3413.80$19,768
Sep 2005060761.4512.08$7,332
Aug 2005074761.519.80$7,318
Jul 200518173755.697.84$15,861
Jun 2005065052.337.38$4,798
May 2005068345.226.65$4,543
Apr 200517968949.207.36$13,878
Mar 2005070750.377.15$5,059
Feb 2005063345.226.31$3,995
Jan 200518468643.166.32$12,278
Dec 2004067539.866.75$4,557
Nov 200418269145.286.33$12,615
Oct 2004064549.706.52$4,202
Sep 2004058643.245.28$3,096
Aug 200418447042.375.55$10,405
Jul 2004065438.286.08$3,979
Jun 2004067736.106.43$4,355
May 200417876437.486.49$11,633
Apr 2004044234.475.86$2,589
Mar 2004059934.365.53$3,313
Feb 200418053132.455.51$8,767
Jan 2004057632.036.30$3,629
Dec 2003064230.266.30$4,046
Nov 200317957528.804.60$7,797
Oct 2003073028.174.76$3,475
Sep 200317577526.314.75$8,285
Aug 2003049229.765.13$2,524
Jul 2003069829.415.17$3,609
Jun 200318058028.565.98$8,611
May 2003085126.595.97$5,083
Apr 200318450626.675.41$7,643
Mar 2003069531.146.10$4,237
Feb 2003039033.487.93$3,091
Jan 200318356430.315.58$8,695
Dec 2002079826.914.85$3,873
Nov 200217962624.664.14$7,004
Oct 2002077726.464.23$3,286
Sep 2002070427.443.64$2,559
Aug 200217574125.963.16$6,888
Jul 200217873324.583.06$6,620
Jun 2002076523.733.34$2,554
May 200217782324.663.58$7,314
Apr 2002084423.653.51$2,964
Mar 200218269422.003.10$6,157
Feb 2002065318.222.38$1,551
Jan 2002093017.172.38$2,209
Dec 200117867416.932.36$4,607
Nov 200118581918.072.41$5,313
Oct 2001069019.782.53$1,745
Sep 200118088024.262.25$6,348
Aug 2001080524.873.05$2,458
Jul 2001054923.933.20$1,755
Jun 2001013924.563.82$532
May 200118154625.524.31$6,971
Apr 2001079324.685.34$4,231
Mar 2001061724.545.38$3,317
Feb 200117771127.755.77$9,012
Jan 200117963427.478.40$10,242
Dec 2000061826.889.12$5,638
Nov 200018066032.215.66$9,532
Oct 2000070131.235.15$3,607
Sep 200017754831.875.19$8,483
Aug 2000072429.644.54$3,288
Jul 200017864128.534.09$7,700
Jun 2000060129.304.40$2,643
May 2000069927.263.68$2,572
Apr 200018653824.513.12$6,235
Mar 2000066628.422.86$1,905
Feb 200018257427.622.73$6,592
Jan 2000064725.272.48$1,605
Dec 199918474824.282.42$6,280
Nov 1999069123.192.43$1,682
Oct 199918171120.982.80$5,791
Sep 1999081621.752.62$2,137
Aug 199918384119.262.88$5,943
Jul 1999071317.892.37$1,692
Jun 199918068415.942.36$4,485
May 1999069615.792.32$1,615
Apr 199918682215.102.21$4,624
Mar 1999087312.471.84$1,605
Feb 19991828859.981.82$3,425
Jan 1999088910.381.90$1,689
Dec 19981799379.201.77$3,308
Nov 199817756110.892.19$3,154
Oct 1998075112.421.97$1,479
Sep 199817574912.592.08$3,763
Aug 1998079111.301.91$1,509
Jul 199818285811.742.24$4,056
Jun 1998078411.242.24$1,754
May 199818979412.622.21$4,137
Apr 1998072713.042.51$1,821
Mar 199818656412.802.31$3,683
Feb 199808413.952.30$193
Jan 199818973814.702.15$4,369
Dec 199718972216.322.41$4,825
Nov 1997071718.193.09$2,214
Oct 199719269619.253.15$5,888
Sep 1997078217.742.95$2,311
Aug 199719580117.862.55$5,529
Jul 1997078017.582.25$1,753
Jun 199718959117.242.26$4,592
May 1997084018.972.31$1,939
Apr 199719276717.882.08$5,030
Mar 199718675718.951.94$4,993
Feb 1997069520.492.21$1,533
Jan 199716310,80923.483.54$42,088
Dec 1996074123.32$0
Nov 199616983821.97$3,713
Oct 199618486723.31$4,289
Sep 1996081822.22$0
Aug 199617594720.26$3,546
Jul 199618379319.55$3,578
Jun 1996074218.73$0
May 199618466119.43$3,575
Apr 1996064421.51$0
Mar 199618860419.38$3,643
Feb 1996060816.98$0
Jan 199618655117.07$3,175
Dec 199517852217.19$3,060
Nov 1995064116.00$0
Oct 199519189615.43$2,947
Sep 199518878616.18$3,042
Aug 1995090515.92$0
Jul 199517485115.24$2,652
Jun 199518278916.41$2,987
May 199518985217.56$3,319
Apr 1995073117.73$0
Mar 199519193216.44$3,140
Feb 199519188416.58$3,167
Jan 199518389715.92$2,913
Dec 199418093215.03$2,705
Nov 1994082015.90$0
Oct 199418782115.58$2,913
Sep 199418881915.29$2,875
Aug 199419062316.13$3,065
Jul 199417985717.56$3,143
Jun 199416666817.09$2,837
May 1994073915.88$0
Apr 199419184714.14$2,701
Mar 199418962512.46$2,355
Feb 199418171812.50$2,263
Jan 199418366712.66$2,317
Dec 199319867312.33$2,441
Nov 199319383314.49$2,797
Oct 19931801,09215.85$2,853
Sep 1993074515.03$0
Aug 199319676515.66$3,069
Jul 199319084315.46$2,937
Jun 199317878016.79$2,989
May 199319479217.68$3,430
Apr 19931851,21418.05$3,339
Mar 19931851,22318.14$3,356
Feb 19931881,18417.90$3,365
Jan 199319193816.93$3,234

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.

Jul 2007 — as filed, then multipliedworked
Oil                    0 bbl  × $ 70.90 =         $0
Casinghead gas        17 Mcf  × $  6.39 =       $109

────────────────────────────────────────────────────
Month total                                     $109

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. 7C/O/11688 is the state's own key, not one this site invented.