RINGO

Name: RINGO lease production and value, Nov 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KIRKPATRICK OIL COMPANY (P-5 468890) 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 14027District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$531 k

Nov 1995 – Jan 2010

Value, last 12 filed months

at the published price for each month

Months reported

171

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	8,251 bbl	$225,900
Casinghead gas	Production	82,100 Mcf	$305,109
Total			$531,008

11,041 Mcf of this lease's gas, across 14 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 (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 31.4351, -101.6617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.43505, -101.66170 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

8,108 ft

2 wells filed one

Completion to plug

36.5 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 8,100 and 8,115 ft, median 8,108 ft, over the 2 wells that filed a depth.

Completions filed

Aug 1971 – Nov 1972

2 of 2 wells

Plug dates filed

Aug 2007 – Nov 2009

2 of 2 wells

Last completion to plug: a median of 36.5 years across the 2 wells that filed both dates, with the middle half between 36.3 years and 36.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38301493	3	8,115 ft	Nov 1972	Nov 2009	Yes
42-38301262	2	8,100 ft	Aug 1971	Aug 2007	Yes

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 (171)

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

171 months


Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	162	0	82.85	6.92	$13,422
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	8	59.61	7.81	$62
Mar 2007	0	91	56.92	7.30	$664
Feb 2007	1	74	55.10	8.22	$663
Jan 2007	167	99	50.30	6.73	$9,066
Dec 2006	0	111	56.65	6.92	$768
Nov 2006	0	371	54.20	7.62	$2,826
Oct 2006	0	112	54.90	6.01	$674
Sep 2006	0	111	60.08	5.04	$559
Aug 2006	0	95	68.71	7.34	$697
Jul 2006	0	113	69.37	6.34	$717
Jun 2006	0	222	66.28	6.38	$1,417
May 2006	165	397	66.01	6.42	$13,442
Apr 2006	0	339	64.39	7.36	$2,495
Mar 2006	0	368	56.70	7.08	$2,607
Feb 2006	166	334	57.59	7.75	$12,149
Jan 2006	0	369	60.59	8.93	$3,296
Dec 2005	1	426	54.94	13.42	$5,770
Nov 2005	0	440	54.69	10.59	$4,659
Oct 2005	0	456	58.34	13.80	$6,291
Sep 2005	0	481	61.45	12.08	$5,810
Aug 2005	156	516	61.51	9.80	$14,651
Jul 2005	0	439	55.69	7.84	$3,443
Jun 2005	0	469	52.33	7.38	$3,462
May 2005	168	516	45.22	6.65	$11,029
Apr 2005	0	462	49.20	7.36	$3,401
Mar 2005	0	431	50.37	7.15	$3,084
Feb 2005	0	415	45.22	6.31	$2,619
Jan 2005	160	417	43.16	6.32	$9,542
Dec 2004	0	386	39.86	6.75	$2,606
Nov 2004	0	526	45.28	6.33	$3,330
Oct 2004	0	605	49.70	6.52	$3,942
Sep 2004	162	549	43.24	5.28	$9,906
Aug 2004	0	738	42.37	5.55	$4,096
Jul 2004	0	523	38.28	6.08	$3,182
Jun 2004	0	158	36.10	6.43	$1,016
May 2004	163	492	37.48	6.49	$9,305
Apr 2004	0	553	34.47	5.86	$3,240
Mar 2004	164	456	34.36	5.53	$8,157
Feb 2004	0	611	32.45	5.51	$3,366
Jan 2004	0	623	32.03	6.30	$3,925
Dec 2003	159	569	30.26	6.30	$8,397
Nov 2003	0	603	28.80	4.60	$2,771
Oct 2003	0	558	28.17	4.76	$2,656
Sep 2003	165	558	26.31	4.75	$6,991
Aug 2003	0	679	29.76	5.13	$3,483
Jul 2003	0	632	29.41	5.17	$3,268
Jun 2003	144	477	28.56	5.98	$6,967
May 2003	0	606	26.59	5.97	$3,619
Apr 2003	168	692	26.67	5.41	$8,222
Mar 2003	0	720	31.14	6.10	$4,389
Feb 2003	171	629	33.48	7.93	$10,710
Jan 2003	0	667	30.31	5.58	$3,723
Dec 2002	0	736	26.91	4.85	$3,572
Nov 2002	0	325	24.66	4.14	$1,345
Oct 2002	180	399	26.46	4.23	$6,450
Sep 2002	0	736	27.44	3.64	$2,676
Aug 2002	0	738	25.96	3.16	$2,335
Jul 2002	0	739	24.58	3.06	$2,263
Jun 2002	177	710	23.73	3.34	$6,570
May 2002	0	756	24.66	3.58	$2,710
Apr 2002	1	680	23.65	3.51	$2,412
Mar 2002	182	669	22.00	3.10	$6,080
Feb 2002	0	589	18.22	2.38	$1,399
Jan 2002	0	701	17.17	2.38	$1,665
Dec 2001	156	702	16.93	2.36	$4,301
Nov 2001	0	654	18.07	2.41	$1,573
Oct 2001	0	646	19.78	2.53	$1,634
Sep 2001	184	687	24.26	2.25	$6,011
Aug 2001	0	774	24.87	3.05	$2,363
Jul 2001	1	705	23.93	3.20	$2,278
Jun 2001	174	773	24.56	3.82	$7,230
May 2001	0	667	25.52	4.31	$2,873
Apr 2001	191	676	24.68	5.34	$8,321
Mar 2001	0	675	24.54	5.38	$3,629
Feb 2001	1	645	27.75	5.77	$3,748
Jan 2001	186	747	27.47	8.40	$11,383
Dec 2000	1	719	26.88	9.12	$6,586
Nov 2000	0	678	32.21	5.66	$3,836
Oct 2000	170	652	31.23	5.15	$8,664
Sep 2000	0	653	31.87	5.19	$3,387
Aug 2000	0	507	29.64	4.54	$2,302
Jul 2000	174	592	28.53	4.09	$7,385
Jun 2000	1	824	29.30	4.40	$3,653
May 2000	0	578	27.26	3.68	$2,127
Apr 2000	176	108	24.51	3.12	$4,650
Mar 2000	0	18	28.42	2.86	$51
Feb 2000	0	133	27.62	2.73	$363
Jan 2000	195	585	25.27	2.48	$6,379
Dec 1999	0	671	24.28	2.42	$1,626
Nov 1999	181	737	23.19	2.43	$5,991
Oct 1999	0	601	20.98	2.80	$1,685
Sep 1999	3	762	21.75	2.62	$2,061
Aug 1999	182	958	19.26	2.88	$6,260
Jul 1999	0	655	17.89	2.37	$1,554
Jun 1999	0	637	15.94	2.36	$1,505
May 1999	170	754	15.79	2.32	$4,434
Apr 1999	1	980	15.10	2.21	$2,179
Mar 1999	180	839	12.47	1.84	$3,787
Feb 1999	1	692	9.98	1.82	$1,268
Jan 1999	0	761	10.38	1.90	$1,446
Dec 1998	189	563	9.20	1.77	$2,737
Nov 1998	0	481	10.89	2.19	$1,051
Oct 1998	0	519	12.42	1.97	$1,022
Sep 1998	0	738	12.59	2.08	$1,537
Aug 1998	166	700	11.30	1.91	$3,211
Jul 1998	0	493	11.74	2.24	$1,103
Jun 1998	0	613	11.24	2.24	$1,371
May 1998	178	656	12.62	2.21	$3,694
Apr 1998	0	615	13.04	2.51	$1,541
Mar 1998	0	597	12.80	2.31	$1,379
Feb 1998	179	853	13.95	2.30	$4,458
Jan 1998	0	515	14.70	2.15	$1,110
Dec 1997	0	809	16.32	2.41	$1,951
Nov 1997	181	851	18.19	3.09	$5,921
Oct 1997	0	878	19.25	3.15	$2,766
Sep 1997	0	777	17.74	2.95	$2,296
Aug 1997	167	742	17.86	2.55	$4,878
Jul 1997	0	765	17.58	2.25	$1,719
Jun 1997	0	899	17.24	2.26	$2,029
May 1997	185	924	18.97	2.31	$5,643
Apr 1997	0	904	17.88	2.08	$1,883
Mar 1997	190	996	18.95	1.94	$5,532
Feb 1997	0	864	20.49	2.21	$1,906
Jan 1997	0	792	23.48	3.54	$2,803
Dec 1996	201	853	23.32	—	$4,687
Nov 1996	193	632	21.97	—	$4,240
Oct 1996	0	889	23.31	—	$0
Sep 1996	0	852	22.22	—	$0
Aug 1996	183	837	20.26	—	$3,708
Jul 1996	0	920	19.55	—	$0
Jun 1996	0	851	18.73	—	$0
May 1996	185	871	19.43	—	$3,595
Apr 1996	1	788	21.51	—	$22
Mar 1996	171	804	19.38	—	$3,314
Feb 1996	1	637	16.98	—	$17
Jan 1996	187	706	17.07	—	$3,192
Dec 1995	0	584	17.19	—	$0
Nov 1995	384	817	16.00	—	$6,144

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.

Oct 2007 — as filed, then multipliedworked

Oil                  162 bbl  × $ 82.85 =    $13,422
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                  $13,422

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/14027 is the state's own key, not one this site invented.