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RINGO 8-9-D

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 21123District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$16.8 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 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
OilDisposition193,588 bbl$9,557,339
Casinghead gasProduction1,979,614 Mcf$7,223,142
Total$16,780,481

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 31.4165, -101.7297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41650, -101.72973 · 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
8,723 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 8,723 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-383406944307H8,723 ftMar 2020——

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 202649423,699106.413.05$124,750
Apr 202646816,01698.932.87$92,261
Mar 202650321,08089.753.15$111,534
Feb 202645318,34863.503.75$97,576
Jan 202647616,43359.138.00$159,576
Dec 202581023,92956.664.41$151,502
Nov 202547322,32358.593.93$115,363
Oct 202541722,65959.383.30$99,646
Sep 202558123,15962.743.08$107,710
Aug 202559022,03463.933.01$104,146
Jul 202561922,66966.743.32$116,464
Jun 202560423,54266.483.13$113,810
May 202562924,10560.553.23$116,001
Apr 202565724,02962.363.54$126,108
Mar 202569024,60467.704.27$151,731
Feb 202560820,81670.884.34$133,454
Jan 202573121,53374.324.28$146,461
Dec 202471321,47668.993.12$116,224
Nov 202434719,87369.052.20$67,650
Oct 202476521,58971.372.28$103,851
Sep 202476320,04569.612.36$100,506
Aug 202481222,33475.632.06$107,501
Jul 202483221,93279.932.15$113,581
Jun 202474121,46878.082.63$114,404
May 202482823,71778.812.20$117,395
Apr 202489424,11084.451.66$115,502
Mar 202493724,58380.301.55$113,225
Feb 202494821,62176.091.78$110,697
Jan 20241,08621,66173.023.30$150,730
Dec 20231,12523,24571.262.61$140,854
Nov 202397822,81977.892.81$140,242
Oct 202371723,26385.443.09$133,080
Sep 202375024,85589.042.74$134,759
Aug 202391826,60080.522.67$145,016
Jul 202397427,01874.852.64$144,280
Jun 202394226,51068.962.26$124,833
May 202391027,33970.622.23$125,159
Apr 20231,04526,38278.122.24$140,672
Mar 20231,15027,61072.852.39$149,853
Feb 20231,05924,83275.112.47$140,769
Jan 20231,06829,88376.533.39$182,969
Dec 202276926,55076.415.73$210,866
Nov 202293829,31485.005.65$245,243
Oct 20221,17130,70887.185.86$282,152
Sep 20221,33529,16784.888.16$351,425
Aug 20221,45829,62994.529.13$408,239
Jul 20221,69127,616101.587.54$380,054
Jun 202296415,628115.097.98$235,614
May 20221,26126,172109.378.43$358,625
Apr 20221,56028,767104.226.84$359,280
Mar 20221,50427,894108.885.08$305,357
Feb 20221,55626,77091.054.86$271,745
Jan 20221,72932,38181.844.54$288,436
Dec 20212,17232,54971.323.90$281,820
Nov 20212,01830,63077.435.24$316,658
Oct 20212,51032,71979.795.71$387,225
Sep 20212,81134,51269.865.35$381,047
Aug 20213,10836,90066.024.22$360,930
Jul 20213,23537,88470.783.98$379,830
Jun 20213,32637,87669.493.38$359,168
May 20213,64039,59863.483.02$350,561
Apr 20213,93340,35760.362.76$348,717
Mar 20214,76917,53461.302.72$339,979
Feb 20212,75420,15857.805.55$271,017
Jan 20214,34537,39050.412.81$324,107
Dec 20205,25644,25244.642.68$353,022
Nov 20206,26422,51238.772.71$303,786
Oct 20205,03426,75836.972.48$252,425
Sep 20207,34139,64337.091.99$351,208
Aug 20209,34139,66239.982.39$468,051
Jul 202011,19536,23638.371.83$495,687
Jun 202012,60430,13834.901.69$490,822
May 202016,21624,97816.921.81$319,704
Apr 202018,03023,19014.751.80$307,786
Mar 202016,64517,79930.341.86$538,048

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                  494 bbl  × $106.41 =    $52,567
Casinghead gas    23,699 Mcf  × $  3.05 =    $72,183

────────────────────────────────────────────────────
Month total                                 $124,750

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/21123 is the state's own key, not one this site invented.