BADGER 709

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

Oil lease lease 70488District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$28.6 M
May 2016 – May 2026
Value, last 12 filed months
$4.2 M
at the published price for each month
Months reported
121
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 277 leases and 646 wells, and the rule below applies to all of them.

Discovered
1955-05-15
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 80 acres. The field rule took effect on 2026-06-02.

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: AND VERTICAL WELLS ARE INDEPENDENT AND MAY OVERLAP.

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
OilDisposition430,020 bbl$26,451,975
Casinghead gasProduction609,860 Mcf$2,118,599
Total$28,570,575

Wells on this lease (2)

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 33.0447, -102.9899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.04470, -102.98985 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
5,278 ft
2 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.
2100.0%

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 5,228 and 5,328 ft, median 5,278 ft, over the 2 wells that filed a depth.

Completions filed
May 2016 – Aug 2024
2 of 2 wells

2 wells

42-501375547XH5,328 ftAug 2024
42-501366521XH5,228 ftMay 2016

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 (121)

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

121 months

May 20263,5663,887106.413.05$391,297
Apr 20263,7585,10398.932.87$386,423
Mar 20263,4016,08489.753.15$324,401
Feb 20263,4166,59163.503.75$241,634
Jan 20263,0917,86759.138.00$245,690
Dec 20254,1486,10356.664.41$261,960
Nov 20253,8006,63958.593.93$248,710
Oct 20254,83915,09559.383.30$337,226
Sep 20254,74113,84462.743.08$340,047
Aug 20255,70815,24963.933.01$410,885
Jul 20256,57617,13266.743.32$495,678
Jun 20257,52616,76166.483.13$552,769
May 20257,19514,84460.553.23$483,638
Apr 20257,26413,80662.363.54$501,899
Mar 20256,73915,68667.704.27$523,183
Feb 20255,93414,39970.884.34$483,106
Jan 20255,1109,63774.324.28$421,009
Dec 20243,2055,88668.993.12$239,485
Nov 20243,0435,17769.052.20$221,500
Oct 20242,3074,65971.372.28$175,280
Sep 20241,02153169.612.36$72,327
Aug 202457576775.632.06$45,070
Jul 20241,8686,50879.932.15$163,279
Jun 20241,6005,94978.082.63$140,598
May 20241,9786,55778.812.20$170,301
Apr 20241,9829284.451.66$167,533
Mar 20241,989080.301.55$159,717
Feb 20241,4403,11176.091.78$115,119
Jan 20241,6034,64973.023.30$132,382
Dec 20232,0261,00171.262.61$146,986
Nov 20232,7531,54677.892.81$218,772
Oct 20232,3774,70685.443.09$217,620
Sep 20232,1505,96989.042.74$207,761
Aug 20232,0374,65180.522.67$176,451
Jul 20231,8113,09774.852.64$143,735
Jun 20232,0492,89768.962.26$147,842
May 20232,3074,15470.622.23$172,173
Apr 20232,0375,11278.122.24$170,570
Mar 20232,5746,13272.852.39$202,191
Feb 20232,0945,03675.112.47$169,698
Jan 20232,5225,27576.533.39$210,879
Dec 20222,3567,49676.415.73$222,967
Nov 20222,2789,38785.005.65$246,631
Oct 20222,7117,15087.185.86$278,271
Sep 20222,3577,15584.888.16$258,473
Aug 20222,9205,93394.529.13$330,150
Jul 20222,8664,890101.587.54$328,009
Jun 20222,5163,080115.097.98$314,136
May 20222,7790109.378.43$303,939
Apr 20222,5074,211104.226.84$290,073
Mar 20223,1046,332108.885.08$370,107
Feb 20222,3185,10891.054.86$235,873
Jan 20222,7804,51681.844.54$248,007
Dec 20212,5804,66671.323.90$202,199
Nov 20213,0654,11977.435.24$258,894
Oct 20212,22027979.795.71$178,728
Sep 20212,2254,05569.865.35$177,136
Aug 20212,9683,84666.024.22$212,180
Jul 20212,6963,23270.783.98$203,693
Jun 20212,7341,71269.493.38$195,773
May 20213,1493,69863.483.02$211,058
Apr 20213,4084,09860.362.76$217,011
Mar 20213,5903,46361.302.72$229,476
Feb 20212,3763,07857.805.55$154,409
Jan 20211,5602,86950.412.81$86,702
Dec 20202,8984,69444.642.68$141,925
Nov 20204,7105,78138.772.71$198,253
Oct 20204,6176,50636.972.48$186,815
Sep 20205,1894,18237.091.99$200,787
Aug 20205,0835,58439.982.39$216,537
Jul 20205,0015,24738.371.83$201,465
Jun 20203,7063,87434.901.69$135,888
May 20200016.921.81$0
Apr 20202,4222,58814.751.80$40,394
Mar 20203,1317,55130.341.86$109,011
Feb 20202,3686,93849.881.98$131,858
Jan 20204,46114,40057.252.09$285,557
Dec 20195,95310,29659.012.30$375,012
Nov 20193,8448,68455.302.75$236,460
Oct 20193,89160153.472.42$209,505
Sep 20194,239055.052.66$233,357
Aug 20193,2511,12653.112.30$175,255
Jul 20194,1786,69156.272.46$251,556
Jun 20194,5785,63052.782.49$255,652
May 20194,9786,34458.482.74$308,498
Apr 20194,70310062.632.75$294,824
Mar 20195,89813,50756.803.06$376,366
Feb 20193,9766,44150.852.79$220,164
Jan 20195,4425,10246.033.23$266,965
Dec 20182,287246.594.19$106,560
Nov 20185,404052.934.24$286,034
Oct 20186,1318,26061.443.40$404,757
Sep 20184,1734,84959.543.11$263,531
Aug 20182,7294,12059.403.07$174,737
Jul 20184,8974,77865.142.93$332,999
Jun 20183,3452,92660.183.08$210,305
May 20184,4194,03165.382.90$300,607
Apr 20183,2113,01063.842.90$213,722
Mar 20184,0934,27061.222.79$262,473
Feb 20182,7462,77061.782.77$177,310
Jan 20185,4726,10062.874.01$368,481
Dec 20179,7236,18957.272.92$574,918
Nov 20173,7942,72755.423.12$218,767
Oct 20173,5182,60749.292.98$181,181
Sep 20171,7201,02747.523.09$84,905
Aug 20176,1012,56645.373.00$284,512
Jul 20175,3354,15243.873.09$246,865
Jun 20177,4264,51342.493.09$329,464
May 20179,5494,00645.373.26$446,311
Apr 20179,4923,92047.933.21$467,541
Mar 20175,3573,43046.772.98$260,781
Feb 20171,5381,12950.452.95$80,926
Jan 201751717949.413.42$26,157
Dec 20161,6891,12048.763.72$86,525
Nov 20161,9101,04242.492.64$83,911
Oct 20162,7521,50446.193.09$131,763
Sep 20163,2851,56941.553.10$141,357
Aug 20162,7631,20841.442.92$118,031
Jul 20163,6712,22241.622.92$159,285
Jun 20161,7401,10145.352.69$81,866
May 201649310442.521.99$21,169

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                3,566 bbl  × $106.41 =   $379,458
Casinghead gas     3,887 Mcf  × $  3.05 =    $11,839

────────────────────────────────────────────────────
Month total                                 $391,297

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/70488 is the state's own key, not one this site invented.