READ "A"

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 68587District 8AField 79393750Hydrogen sulphide fieldOilSaveExport
Value, all time
$1.3 M
Jun 2003 – Sep 2020
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
208
no gaps in the span
Streams
1
oil

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.

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
OilDisposition19,417 bbl$1,303,640
Total$1,303,640

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, -102.9254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23644, -102.92538 · 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
5,311 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 5,311 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-5013481115,311 ftMay 2003Yes

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 (208)

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

208 months

Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 20208716.921.81$1,472
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 201617233.011.79$5,678
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 201518132.362.00$5,857
Nov 2015038.792.17$0
Oct 201516443.552.43$7,142
Sep 201517142.992.76$7,351
Aug 201516940.162.87$6,787
Jul 2015048.152.95$0
Jun 201517156.152.88$9,602
May 201518055.212.96$9,938
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 201523944.662.98$10,674
Jan 2015043.433.10$0
Dec 201416954.693.59$9,243
Nov 201416870.464.25$11,837
Oct 2014078.303.90$0
Sep 201417386.164.05$14,906
Aug 2014089.394.04$0
Jul 201416996.564.18$16,319
Jun 201416798.164.74$16,393
May 2014094.734.73$0
Apr 201416695.944.81$15,926
Mar 201418095.895.06$17,260
Feb 2014097.406.19$0
Jan 201418490.404.86$16,634
Dec 201318291.824.35$16,711
Nov 2013088.853.74$0
Oct 201318097.423.78$17,536
Sep 2013182104.113.72$18,948
Aug 20130104.253.52$0
Jul 2013181102.523.72$18,556
Jun 201318594.403.93$17,464
May 2013094.834.15$0
Apr 201318093.964.28$16,913
Mar 201318093.623.91$16,852
Feb 2013091.233.42$0
Jan 201317791.603.42$16,213
Dec 201217786.773.42$15,358
Nov 201218686.953.62$16,173
Oct 2012089.383.40$0
Sep 201218094.672.92$17,041
Aug 201217292.662.91$15,938
Jul 201218085.133.02$15,323
Jun 201218179.822.52$14,447
May 2012091.612.49$0
Apr 2012176101.652.00$17,890
Mar 2012176105.052.22$18,489
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 201117496.873.24$16,855
Nov 2011095.723.31$0
Oct 201117984.983.65$15,211
Sep 2011083.623.99$0
Aug 201115983.404.15$13,261
Jul 201117894.144.52$16,757
Jun 2011092.904.64$0
May 201118298.134.40$17,860
Apr 2011179105.964.33$18,967
Mar 201118096.364.06$17,345
Feb 2011085.644.18$0
Jan 201117486.504.59$15,051
Dec 201018085.734.35$15,431
Nov 201018080.843.80$14,551
Oct 201018078.103.51$14,058
Sep 201017372.633.98$12,565
Aug 2010073.684.42$0
Jul 201017972.554.74$12,986
Jun 201017570.364.91$12,313
May 201017871.124.24$12,659
Apr 201018081.694.12$14,704
Mar 201018078.394.39$14,110
Feb 201018073.585.44$13,244
Jan 201018074.365.96$13,385
Dec 200918171.445.48$12,931
Nov 200918074.593.75$13,426
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 200918142.144.06$7,627
Feb 2009032.814.63$0
Jan 200917035.865.37$6,096
Dec 2008037.105.98$0
Nov 200817155.496.86$9,489
Oct 2008075.246.92$0
Sep 2008172101.767.88$17,503
Aug 2008172114.228.48$19,646
Jul 20080131.0811.39$0
Jun 2008171131.3313.03$22,457
May 2008172123.1711.57$21,185
Apr 20080110.3110.45$0
Mar 2008169101.909.66$17,221
Feb 2008092.538.77$0
Jan 200817490.388.21$15,726
Dec 200717288.337.30$15,193
Nov 200717091.677.29$15,584
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 200734269.066.39$23,619
Jul 2007070.906.39$0
Jun 200717362.007.55$10,726
May 200717258.747.85$10,103
Apr 200717159.617.81$10,193
Mar 2007056.927.30$0
Feb 200716755.108.22$9,202
Jan 200717050.306.73$8,551
Dec 2006056.656.92$0
Nov 200617754.207.62$9,593
Oct 200618254.906.01$9,992
Sep 200617760.085.04$10,634
Aug 200621568.717.34$14,773
Jul 2006069.376.34$0
Jun 200618366.286.38$12,129
May 200617766.016.42$11,684
Apr 2006064.397.36$0
Mar 200617456.707.08$9,866
Feb 200617557.597.75$10,078
Jan 2006060.598.93$0
Dec 200516654.9413.42$9,120
Nov 200517554.6910.59$9,571
Oct 200516558.3413.80$9,626
Sep 200516461.4512.08$10,078
Aug 2005061.519.80$0
Jul 200517755.697.84$9,857
Jun 200516552.337.38$8,634
May 200516645.226.65$7,507
Apr 200516549.207.36$8,118
Mar 200516950.377.15$8,513
Feb 200517245.226.31$7,778
Jan 200517343.166.32$7,467
Dec 200417239.866.75$6,856
Nov 200417845.286.33$8,060
Oct 2004049.706.52$0
Sep 200417443.245.28$7,524
Aug 200417342.375.55$7,330
Jul 200417538.286.08$6,699
Jun 200417336.106.43$6,245
May 200417737.486.49$6,634
Apr 200417634.475.86$6,067
Mar 200416834.365.53$5,772
Feb 200418232.455.51$5,906
Jan 200435332.036.30$11,307
Dec 2003030.266.30$0
Nov 200335728.804.60$10,282
Oct 200316728.174.76$4,704
Sep 200334626.314.75$9,103
Aug 200317529.765.13$5,208
Jul 200334929.415.17$10,264
Jun 2003028.565.98$0

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                   87 bbl  × $ 16.92 =     $1,472

────────────────────────────────────────────────────
Month total                                   $1,472

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/68587 is the state's own key, not one this site invented.