RINGO 9

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18970District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$31.9 M
Nov 2014 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
139
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 721 leases and 1,413 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2024-02-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 02/01/2024.

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
OilDisposition424,680 bbl$21,826,577
Casinghead gasProduction3,023,750 Mcf$10,035,089
Total$31,861,666

Wells on this lease (4)

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 31.4356, -101.7184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.43603, -101.71701 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,756 ft
4 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.
4100.0%

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 8,600 and 10,916 ft, median 8,756 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2014 – Mar 2016
4 of 4 wells

4 wells

42-383383781H8,650 ftMar 2016
42-38339308410,916 ftMar 2015
42-383388193H8,862 ftNov 2014
42-383388152H8,600 ftNov 2014

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 (139)

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

139 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 2025166063.933.01$10,612
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20253772,02960.553.23$29,386
Apr 20251674,77462.363.54$27,329
Mar 20253934,64667.704.27$46,437
Feb 202563210,86470.884.34$91,955
Jan 202536014,15774.324.28$87,328
Dec 202454010,71368.993.12$70,694
Nov 20241233,62069.052.20$16,452
Oct 20243237,55371.372.28$40,284
Sep 20242948,79369.612.36$41,255
Aug 202441017,12575.632.06$66,348
Jul 202468317,49979.932.15$92,155
Jun 202457616,46378.082.63$88,337
May 202447215,70078.812.20$71,714
Apr 202461118,81684.451.66$82,818
Mar 202458713,19580.301.55$67,524
Feb 202494616,77776.091.78$101,905
Jan 202490015,95473.023.30$118,329
Dec 202376216,91671.262.61$98,463
Nov 202336720,23777.892.81$85,402
Oct 202360828,27185.443.09$139,228
Sep 202344325,60889.042.74$109,484
Aug 202369426,47380.522.67$126,640
Jul 202349426,78074.852.64$107,723
Jun 202382127,62868.962.26$119,013
May 202374028,57570.622.23$115,907
Apr 202363525,54278.122.24$106,763
Mar 202353025,66672.852.39$100,033
Feb 202370922,76775.112.47$109,389
Jan 202361526,07576.533.39$135,401
Dec 202269720,19976.415.73$168,979
Nov 202283224,26985.005.65$207,748
Oct 202292826,92787.185.86$238,797
Sep 202293327,12784.888.16$300,649
Aug 202291227,20694.529.13$334,516
Jul 202291027,473101.587.54$299,641
Jun 20221,08327,190115.097.98$341,543
May 202297026,124109.378.43$326,394
Apr 202299124,324104.226.84$269,600
Mar 202295823,646108.885.08$224,344
Feb 202281020,29391.054.86$172,351
Jan 20221,15725,05881.844.54$208,394
Dec 20211,17523,72271.323.90$176,296
Nov 20211,23722,63877.435.24$214,333
Oct 20211,33423,69179.795.71$241,807
Sep 20211,13323,07869.865.35$202,640
Aug 20211,22224,05466.024.22$182,199
Jul 20211,42023,90670.783.98$195,703
Jun 20211,25322,19769.493.38$162,111
May 20211,60122,07263.483.02$168,237
Apr 20211,68921,79160.362.76$162,057
Mar 202190512,17361.302.72$88,550
Feb 20217127,08257.805.55$80,444
Jan 202186013,51350.412.81$81,328
Dec 20201,62022,94544.642.68$133,705
Nov 20201,64520,09138.772.71$118,154
Oct 20201,39317,88636.972.48$95,828
Sep 202096913,01137.091.99$61,846
Aug 202085818,11939.982.39$77,518
Jul 202090722,91338.371.83$76,621
Jun 20201,34018,63534.901.69$78,265
May 20201,38013,98516.921.81$48,729
Apr 20201,23519,46614.751.80$53,340
Mar 20201,44819,29730.341.86$79,752
Feb 202099122,00249.881.98$93,010
Jan 20201,69235,63557.252.09$171,513
Dec 20191,86136,68759.012.30$194,358
Nov 20191,75533,46955.302.75$189,115
Oct 20192,01137,01853.472.42$197,058
Sep 20191,98338,34255.052.66$211,050
Aug 20192,14439,05053.112.30$203,853
Jul 20192,07339,29656.272.46$213,318
Jun 20192,19935,37452.782.49$204,187
May 20192,45039,04358.482.74$250,266
Apr 20192,63339,48162.632.75$273,505
Mar 20193,07739,76356.803.06$296,532
Feb 20192,59434,94650.852.79$229,482
Jan 20192,61240,77646.033.23$251,863
Dec 20183,30437,41746.594.19$310,540
Nov 20183,02332,89852.934.24$299,404
Oct 20183,23234,32461.443.40$315,210
Sep 20183,61637,56759.543.11$332,055
Aug 20184,00936,47259.403.07$349,978
Jul 20184,45534,77365.142.93$392,149
Jun 20185,28029,82660.183.08$409,523
May 20185,11923,25865.382.90$402,147
Apr 20184,11311,20863.842.90$295,086
Mar 20181,4447,40261.222.79$109,030
Feb 20183,40738,70261.782.77$317,539
Jan 20184,35842,88762.874.01$445,935
Dec 20174,28339,95457.272.92$362,014
Nov 20174,58841,39055.423.12$383,336
Oct 20174,78942,09449.292.98$361,645
Sep 20174,88735,00647.523.09$340,304
Aug 20175,57935,25545.373.00$359,039
Jul 20175,65831,69943.873.09$346,080
Jun 20175,51731,28642.493.09$331,006
May 20175,87830,04645.373.26$364,737
Apr 20175,76126,82747.933.21$362,282
Mar 20175,93425,69646.772.98$354,202
Feb 20174,04014,98950.452.95$248,075
Jan 20172,63012,36349.413.42$172,215
Dec 20163,84429,97348.763.72$299,018
Nov 20165,97845,55242.492.64$374,461
Oct 20167,13748,87246.193.09$480,685
Sep 20167,71251,69641.553.10$480,724
Aug 201610,00237,90941.442.92$525,342
Jul 201610,08724,35541.622.92$491,043
Jun 20168,06318,80345.352.69$416,159
May 20168,80811,94742.521.99$398,303
Apr 20167,58190436.561.99$278,961
Mar 20165,43577133.011.79$180,793
Feb 20161,61282626.472.06$44,374
Jan 201636493327.352.36$12,161
Dec 20152,0753,91832.362.00$74,989
Nov 20153,5943,15038.792.17$146,238
Oct 20155,2117,49043.552.43$245,114
Sep 201510,85127,34842.992.76$541,922
Aug 201510,06130,09940.162.87$490,509
Jul 201513,38345,63248.152.95$778,781
Jun 201514,60131,59956.152.88$910,942
May 201514,52831,56655.212.96$895,383
Apr 201516,53516,31249.822.71$867,923
Mar 20156,6292,58042.892.93$291,889
Feb 201513,93531,93244.662.98$717,373
Jan 201516,98917,69643.433.10$792,701
Dec 201427,84728,97954.693.59$1,627,026
Nov 20142,3443,37070.464.25$179,487

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.

Aug 2025 — as filed, then multipliedworked
Oil                  166 bbl  × $ 63.93 =    $10,612
Casinghead gas         0 Mcf  × $  3.01 =         $0

────────────────────────────────────────────────────
Month total                                  $10,612

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/18970 is the state's own key, not one this site invented.