FRASER

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

Oil lease lease 70574District 8AField 11308666Hydrogen sulphide fieldOilSaveExport
Value, all time
$3.8 M
Jul 2016 – May 2026
Value, last 12 filed months
$547 k
at the published price for each month
Months reported
119
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 12 leases and 13 wells, and the rule below applies to all of them.

Discovered
1957-08-25
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

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
OilDisposition58,932 bbl$3,778,149
Total$3,778,149

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 33.2205, -102.9238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.22048, -102.92381 · 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
100.0%
1 of 1 wells
Median depth
11,930 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
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 11,930 ft.

Completions filed
Jul 2016
1 of 1 wells
Plug dates filed
Oct 1989
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50133073111,930 ftJul 2016Oct 1989

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 (119)

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

119 months

May 2026651106.413.05$69,273
Apr 202651598.932.87$50,949
Mar 202669989.753.15$62,735
Feb 202668563.503.75$43,498
Jan 202669359.138.00$40,977
Dec 202550356.664.41$28,500
Nov 202585558.593.93$50,094
Oct 202549359.383.30$29,274
Sep 202567062.743.08$42,036
Aug 202565463.933.01$41,810
Jul 202567166.743.32$44,783
Jun 202565366.483.13$43,411
May 202581660.553.23$49,409
Apr 202567062.363.54$41,781
Mar 202566167.704.27$44,750
Feb 202582970.884.34$58,760
Jan 202580074.324.28$59,456
Dec 20241,03168.993.12$71,129
Nov 20241,02069.052.20$70,431
Oct 202453271.372.28$37,969
Sep 2024069.612.36$0
Aug 202431275.632.06$23,597
Jul 2024079.932.15$0
Jun 202450178.082.63$39,118
May 202453278.812.20$41,927
Apr 202435584.451.66$29,980
Mar 202435980.301.55$28,828
Feb 202433476.091.78$25,414
Jan 202453873.023.30$39,285
Dec 202335371.262.61$25,155
Nov 202335277.892.81$27,417
Oct 202350785.443.09$43,318
Sep 202336389.042.74$32,322
Aug 202353480.522.67$42,998
Jul 202334974.852.64$26,123
Jun 202335068.962.26$24,136
May 202353770.622.23$37,923
Apr 202336178.122.24$28,201
Mar 202336772.852.39$26,736
Feb 202355275.112.47$41,461
Jan 202337076.533.39$28,316
Dec 202252776.415.73$40,268
Nov 202235985.005.65$30,515
Oct 202253487.185.86$46,554
Sep 202235184.888.16$29,793
Aug 202252394.529.13$49,434
Jul 2022354101.587.54$35,959
Jun 2022535115.097.98$61,573
May 2022539109.378.43$58,950
Apr 2022350104.226.84$36,477
Mar 2022546108.885.08$59,448
Feb 202253991.054.86$49,076
Jan 202237581.844.54$30,690
Dec 202154171.323.90$38,584
Nov 202135877.435.24$27,720
Oct 202153879.795.71$42,927
Sep 202136569.865.35$25,499
Aug 202152866.024.22$34,859
Jul 202155170.783.98$39,000
Jun 202134569.493.38$23,974
May 202153663.483.02$34,025
Apr 202135560.362.76$21,428
Mar 202154161.302.72$33,163
Feb 202155757.805.55$32,195
Jan 202134950.412.81$17,593
Dec 202054644.642.68$24,373
Nov 202054538.772.71$21,130
Oct 202054236.972.48$20,038
Sep 202054937.091.99$20,362
Aug 202036039.982.39$14,393
Jul 202074038.371.83$28,394
Jun 202073034.901.69$25,477
May 2020016.921.81$0
Apr 202054614.751.80$8,054
Mar 202055530.341.86$16,839
Feb 202036849.881.98$18,356
Jan 202036257.252.09$20,725
Dec 201956359.012.30$33,223
Nov 201955655.302.75$30,747
Oct 201937553.472.42$20,051
Sep 201954155.052.66$29,782
Aug 201955053.112.30$29,211
Jul 201956756.272.46$31,905
Jun 201955652.782.49$29,346
May 201972458.482.74$42,340
Apr 201955662.632.75$34,822
Mar 201954456.803.06$30,899
Feb 201957750.852.79$29,340
Jan 201956146.033.23$25,823
Dec 201856346.594.19$26,230
Nov 201855452.934.24$29,323
Oct 201836961.443.40$22,671
Sep 201855059.543.11$32,747
Aug 201855159.403.07$32,729
Jul 201854565.142.93$35,501
Jun 201854360.183.08$32,678
May 201854465.382.90$35,567
Apr 201854263.842.90$34,601
Mar 201834761.222.79$21,243
Feb 201855061.782.77$33,979
Jan 201835562.874.01$22,319
Dec 201736657.272.92$20,961
Nov 201752255.423.12$28,929
Oct 201734149.292.98$16,808
Sep 201735547.523.09$16,870
Aug 201751745.373.00$23,456
Jul 201753343.873.09$23,383
Jun 201735542.493.09$15,084
May 201750745.373.26$23,003
Apr 201752347.933.21$25,067
Mar 201755346.772.98$25,864
Feb 201736750.452.95$18,515
Jan 201718249.413.42$8,993
Dec 201618448.763.72$8,972
Nov 201618042.492.64$7,648
Oct 201636546.193.09$16,859
Sep 201653841.553.10$22,354
Aug 201636141.442.92$14,960
Jul 201653441.622.92$22,225

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                  651 bbl  × $106.41 =    $69,273

────────────────────────────────────────────────────
Month total                                  $69,273

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/70574 is the state's own key, not one this site invented.