READ

Operated by RING ENERGY, INC. (P-5 712382) in the SABLE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 65708District 8AField 79393750Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – Sep 2020
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
333
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 69 leases and 165 wells, and the rule below applies to all of them.

Discovered
1957-12-23
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2016-12-06.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET OG-19-00002099.

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
OilDisposition56,932 bbl$2,434,637
Casinghead gasProduction23,118 Mcf$67,916
Total$2,502,553

7,218 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 33.2364, -102.9287. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23637, -102.92871 · 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
0.0%
0 of 1 wells
Median depth
5,265 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
1100.0%
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.
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 5,265 ft.

Completions filed
Feb 1986
1 of 1 wells

1 well

42-5013299515,265 ftFeb 1986Yes

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 (333)

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

333 months

Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020178016.921.81$3,012
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201937050.852.79$1,881
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017170047.933.21$8,148
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016171048.763.72$8,338
Nov 2016174042.492.64$7,393
Oct 2016176046.193.09$8,129
Sep 2016337041.553.10$14,002
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016171045.352.69$7,755
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016170027.352.36$4,650
Dec 2015346032.362.00$11,197
Nov 2015170038.792.17$6,594
Oct 2015169043.552.43$7,360
Sep 2015166042.992.76$7,136
Aug 2015340040.162.87$13,654
Jul 2015168048.152.95$8,089
Jun 2015172056.152.88$9,658
May 2015172055.212.96$9,496
Apr 2015170049.822.71$8,469
Mar 2015161042.892.93$6,905
Feb 2015153044.662.98$6,833
Jan 2015168043.433.10$7,296
Dec 2014168054.693.59$9,188
Nov 2014339070.464.25$23,886
Oct 20140078.303.90$0
Sep 2014170086.164.05$14,647
Aug 2014168089.394.04$15,018
Jul 2014164096.564.18$15,836
Jun 2014164098.164.74$16,098
May 20140094.734.73$0
Apr 2014331095.944.81$31,756
Mar 2014179095.895.06$17,164
Feb 20140097.406.19$0
Jan 2014369090.404.86$33,358
Dec 2013184091.824.35$16,895
Nov 2013184088.853.74$16,348
Oct 2013180097.423.78$17,536
Sep 20131830104.113.72$19,052
Aug 20133660104.253.52$38,156
Jul 20131770102.523.72$18,146
Jun 2013184094.403.93$17,370
May 2013179094.834.15$16,975
Apr 20130093.964.28$0
Mar 2013183093.623.91$17,132
Feb 20130091.233.42$0
Jan 2013362091.603.42$33,159
Dec 2012176086.773.42$15,272
Nov 2012186086.953.62$16,173
Oct 2012179089.383.40$15,999
Sep 2012177094.672.92$16,757
Aug 2012173092.662.91$16,030
Jul 2012344085.133.02$29,285
Jun 2012179079.822.52$14,288
May 2012181091.612.49$16,581
Apr 201200101.652.00$0
Mar 20121780105.052.22$18,699
Feb 201200101.102.57$0
Jan 2012361098.092.73$35,410
Dec 20110096.873.24$0
Nov 2011179095.723.31$17,134
Oct 2011178084.983.65$15,126
Sep 2011176083.623.99$14,717
Aug 2011181083.404.15$15,095
Jul 2011180094.144.52$16,945
Jun 2011362092.904.64$33,630
May 20110098.134.40$0
Apr 20111780105.964.33$18,861
Mar 2011181096.364.06$17,441
Feb 2011176085.644.18$15,073
Jan 2011180086.504.59$15,570
Dec 2010175085.734.35$15,003
Nov 2010176080.843.80$14,228
Oct 2010181078.103.51$14,136
Sep 20100072.633.98$0
Aug 2010361073.684.42$26,598
Jul 2010182072.554.74$13,204
Jun 2010181070.364.91$12,735
May 2010173071.124.24$12,304
Apr 2010180081.694.12$14,704
Mar 2010173078.394.39$13,561
Feb 2010180073.585.44$13,244
Jan 2010179074.365.96$13,310
Dec 2009177071.445.48$12,645
Nov 2009178074.593.75$13,277
Oct 2009355072.544.11$25,752
Sep 2009181065.543.06$11,863
Aug 20090067.423.22$0
Jul 2009174061.133.46$10,637
Jun 2009356066.163.90$23,553
May 2009180054.743.93$9,853
Apr 2009176046.773.59$8,232
Mar 2009181042.144.06$7,627
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008179037.105.98$6,641
Nov 2008196055.496.86$10,876
Oct 2008173075.246.92$13,017
Sep 20083390101.767.88$34,497
Aug 20081760114.228.48$20,103
Jul 20081660131.0811.39$21,759
Jun 20081720131.3313.03$22,589
May 200800123.1711.57$0
Apr 20081710110.3110.45$18,863
Mar 20081690101.909.66$17,221
Feb 2008170092.538.77$15,730
Jan 2008169090.388.21$15,274
Dec 2007171088.337.30$15,104
Nov 2007170091.677.29$15,584
Oct 2007175082.856.92$14,499
Sep 20070075.846.24$0
Aug 2007170069.066.39$11,740
Jul 20070070.906.39$0
Jun 2007175062.007.55$10,850
May 2007175058.747.85$10,280
Apr 20070059.617.81$0
Mar 2007192056.927.30$10,929
Feb 2007171055.108.22$9,422
Jan 20070050.306.73$0
Dec 2006175056.656.92$9,914
Nov 20060054.207.62$0
Oct 20061054.906.01$55
Sep 2006172060.085.04$10,334
Aug 20060068.717.34$0
Jul 2006180069.376.34$12,487
Jun 20060066.286.38$0
May 2006176066.016.42$11,618
Apr 2006176064.397.36$11,333
Mar 2006179056.707.08$10,149
Feb 2006174057.597.75$10,021
Jan 2006172060.598.93$10,421
Dec 2005176054.9413.42$9,669
Nov 20050054.6910.59$0
Oct 200517315058.3413.80$12,162
Sep 200517415061.4512.08$12,504
Aug 200534715061.519.80$22,814
Jul 200517615055.697.84$10,978
Jun 200516815052.337.38$9,899
May 200516915045.226.65$8,640
Apr 200516015049.207.36$8,976
Mar 200534415050.377.15$18,401
Feb 200517415045.226.31$8,815
Jan 200517715043.166.32$8,588
Dec 200417715039.866.75$8,068
Nov 200417615045.286.33$8,919
Oct 200435315049.706.52$18,521
Sep 200417615043.245.28$8,403
Aug 200417415042.375.55$8,205
Jul 200435215038.286.08$14,387
Jun 2004015036.106.43$965
May 200435115037.486.49$14,130
Apr 200417815034.475.86$7,014
Mar 200435515034.365.53$13,027
Feb 200418415032.455.51$6,797
Jan 200417615032.036.30$6,582
Dec 200317715030.266.30$6,301
Nov 200317715028.804.60$5,787
Oct 200335315028.174.76$10,658
Sep 200317415026.314.75$5,290
Aug 200317715029.765.13$6,037
Jul 200317415029.415.17$5,893
Jun 200332815028.565.98$10,265
May 200317215026.595.97$5,469
Apr 200317615026.675.41$5,505
Mar 200317615031.146.10$6,395
Feb 200335415033.487.93$13,041
Jan 200317715030.315.58$6,202
Dec 200218015026.914.85$5,572
Nov 200217715024.664.14$4,985
Oct 200234315026.464.23$9,710
Sep 200218015027.443.64$5,484
Aug 200217715025.963.16$5,070
Jul 200235315024.583.06$9,136
Jun 200217515023.733.34$4,653
May 200235015024.663.58$9,169
Apr 200216815023.653.51$4,500
Mar 200217515022.003.10$4,315
Feb 200217215018.222.38$3,490
Jan 200234315017.172.38$6,246
Dec 200117715016.932.36$3,351
Nov 200134615018.072.41$6,613
Oct 200116315019.782.53$3,603
Sep 200117515024.262.25$4,583
Aug 200134515024.873.05$9,038
Jul 200117615023.933.20$4,691
Jun 200117815024.563.82$4,945
May 200117615025.524.31$5,138
Apr 200135015024.685.34$9,438
Mar 200117915024.545.38$5,199
Feb 200117815027.755.77$5,805
Jan 200136615027.478.40$11,314
Dec 200019015026.889.12$6,476
Nov 200018015032.215.66$6,647
Oct 200018315031.235.15$6,487
Sep 200034515031.875.19$11,773
Aug 200017415029.644.54$5,838
Jul 200018115028.534.09$5,777
Jun 200035415029.304.40$11,032
May 200018115027.263.68$5,486
Apr 200017715024.513.12$4,806
Mar 200036615028.422.86$10,831
Feb 200017915027.622.73$5,353
Jan 200019615025.272.48$5,325
Dec 199936415024.282.42$9,201
Nov 199917815023.192.43$4,493
Oct 199917715020.982.80$4,134
Sep 199936315021.752.62$8,288
Aug 199917815019.262.88$3,860
Jul 199917815017.892.37$3,540
Jun 199936215015.942.36$6,125
May 199918015015.792.32$3,190
Apr 199918015015.102.21$3,049
Mar 199935315012.471.84$4,678
Feb 19991771509.981.82$2,039
Jan 199918015010.381.90$2,153
Dec 19981851509.201.77$1,968
Nov 199835815010.892.19$4,226
Oct 199818715012.421.97$2,618
Sep 199818415012.592.08$2,629
Aug 199834415011.301.91$4,173
Jul 199816515011.742.24$2,273
Jun 199834015011.242.24$4,157
May 199817115012.622.21$2,489
Apr 199816915013.042.51$2,580
Mar 199833015012.802.31$4,570
Feb 199817015013.952.30$2,716
Jan 199816615014.702.15$2,763
Dec 199733315016.322.41$5,796
Nov 199716515018.193.09$3,465
Oct 199716515019.253.15$3,649
Sep 199732915017.742.95$6,280
Aug 199716715017.862.55$3,366
Jul 199717315017.582.25$3,378
Jun 199733615017.242.26$6,131
May 199716715018.972.31$3,514
Apr 199734915017.882.08$6,553
Mar 199717715018.951.94$3,645
Feb 199733615020.492.21$7,216
Jan 1997015023.483.54$531
Dec 199633415023.32$7,789
Nov 199616815021.97$3,691
Oct 199635915023.31$8,368
Sep 199618515022.22$4,111
Aug 199634415020.26$6,969
Jul 199617115019.55$3,343
Jun 199617215018.73$3,222
May 199617115019.43$3,323
Apr 199634315021.51$7,378
Mar 199616615019.38$3,217
Feb 199633615016.98$5,705
Jan 199616915017.07$2,885
Dec 199517015017.19$2,922
Nov 199532415016.00$5,184
Oct 199531915015.43$4,922
Sep 199516715016.18$2,702
Aug 199516515015.92$2,627
Jul 199533615015.24$5,121
Jun 199533515016.41$5,497
May 199516015017.56$2,810
Apr 199517115017.73$3,032
Mar 199516315016.44$2,680
Feb 199532715016.58$5,422
Jan 199515915015.92$2,531
Dec 199432815015.03$4,930
Nov 199416815015.90$2,671
Oct 199432615015.58$5,079
Sep 199416615015.29$2,538
Aug 199416415016.13$2,645
Jul 199433015017.56$5,795
Jun 199416415017.09$2,803
May 199432615015.88$5,177
Apr 199416115014.14$2,277
Mar 199427415012.46$3,414
Feb 199416815012.50$2,100
Jan 199417015012.66$2,152
Dec 199333315012.33$4,106
Nov 199316015014.49$2,318
Oct 199332715015.85$5,183
Sep 199317015015.03$2,555
Aug 199318015015.66$2,819
Jul 199351115015.46$7,900
Jun 1993015316.79$0
May 199334615317.68$6,117
Apr 199317915318.05$3,231
Mar 199334215318.14$6,204
Feb 199317415317.90$3,115
Jan 199334115316.93$5,773

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 2020 — as filed, then multipliedworked
Oil                  178 bbl  × $ 16.92 =     $3,012
Casinghead gas         0 Mcf  × $  1.81 =         $0

────────────────────────────────────────────────────
Month total                                   $3,012

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. 8A/O/65708 is the state's own key, not one this site invented.