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RINGO 8-9-C

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 21129District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$16.8 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.3 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
OilDisposition240,257 bbl$13,422,895
Casinghead gasProduction961,364 Mcf$3,350,069
Total$16,772,963

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 31.4160, -101.7318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41601, -101.73176 · 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
8,455 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 8,455 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-383407214205H8,455 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 202688520,340106.413.05$156,125
Apr 202694718,81598.932.87$147,680
Mar 20261,10418,42289.753.15$157,103
Feb 20261,29214,92763.503.75$138,023
Jan 20264546,11459.138.00$75,744
Dec 202590211,39956.664.41$101,415
Nov 20257426,75358.593.93$69,989
Oct 20254929,77759.383.30$61,526
Sep 202569011,65562.743.08$79,152
Aug 202566411,93863.933.01$78,440
Jul 202578812,09866.743.32$92,698
Jun 202585511,72866.483.13$93,534
May 202592612,31060.553.23$95,859
Apr 202595711,53962.363.54$100,563
Mar 202594910,79967.704.27$110,341
Feb 20256729,08770.884.34$87,077
Jan 20251,00910,96174.324.28$121,887
Dec 20241,12512,02468.993.12$115,145
Nov 20241,08711,00469.052.20$99,249
Oct 20241,18611,54471.372.28$110,981
Sep 20241,40510,34869.612.36$122,268
Aug 20241,61710,23475.632.06$143,413
Jul 20241,6129,96479.932.15$150,236
Jun 20241,62010,27378.082.63$153,548
May 20241,3948,80978.812.20$129,227
Apr 20241,1098,14284.451.66$107,164
Mar 20241,54511,22080.301.55$141,400
Feb 20241,49210,30676.091.78$131,908
Jan 20241,51210,69973.023.30$145,688
Dec 20231,64713,74171.262.61$153,239
Nov 20231,59314,51377.892.81$164,825
Oct 20231,75315,08085.443.09$196,333
Sep 20231,69013,02689.042.74$186,104
Aug 20231,73313,25780.522.67$174,976
Jul 20231,84613,20674.852.64$173,061
Jun 20231,82611,48468.962.26$151,857
May 20231,95711,85470.622.23$164,607
Apr 20231,98012,13178.122.24$181,824
Mar 20232,10512,06072.852.39$182,211
Feb 20231,95810,21775.112.47$172,257
Jan 20232,01211,56376.533.39$193,151
Dec 20222,13712,40376.415.73$234,346
Nov 20222,15312,03585.005.65$250,957
Oct 20222,27112,61787.185.86$271,969
Sep 20222,39312,52084.888.16$305,327
Aug 20222,54712,62294.529.13$355,945
Jul 20222,69614,635101.587.54$384,238
Jun 20222,83312,834115.097.98$428,429
May 20222,85712,338109.378.43$416,517
Apr 20222,99812,024104.226.84$394,667
Mar 20223,23012,995108.885.08$417,650
Feb 20223,07711,21591.054.86$334,653
Jan 20223,28113,82481.844.54$331,246
Dec 20213,62112,03271.323.90$305,164
Nov 20213,77210,69077.435.24$348,048
Oct 20214,41810,07579.795.71$410,079
Sep 20215,9759,19869.865.35$466,631
Aug 20211,5591,41966.024.22$108,914
Jul 202164070.783.98$4,530
Jun 20212,1565,76469.493.38$169,306
May 20214,71216,90763.483.02$350,138
Apr 20215,22617,00860.362.76$362,357
Mar 20215,06713,98261.302.72$348,595
Feb 20214,16711,74557.805.55$306,013
Jan 20215,98916,80750.412.81$349,138
Dec 20206,63917,66944.642.68$343,638
Nov 20206,56818,09738.772.71$303,622
Oct 20207,46419,02236.972.48$323,089
Sep 20207,90518,55937.091.99$330,148
Aug 20209,04719,23539.982.39$407,576
Jul 202010,49618,82038.371.83$437,080
Jun 202011,48119,40034.901.69$433,479
May 202014,00321,80416.921.81$276,500
Apr 202017,55725,98514.751.80$305,853
Mar 202016,76619,72330.341.86$545,291

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                  885 bbl  × $106.41 =    $94,173
Casinghead gas    20,340 Mcf  × $  3.05 =    $61,952

────────────────────────────────────────────────────
Month total                                 $156,125

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/21129 is the state's own key, not one this site invented.