SOONER 662

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 70691District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.5 M
Jun 2017 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
108
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
OilDisposition202,603 bbl$13,038,702
Casinghead gasProduction398,714 Mcf$1,456,323
Total$14,495,025

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 33.0795, -103.0138. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07952, -103.01381 · 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
5,264 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 5,264 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-501367851H5,264 ftJun 2017

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 (108)

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

108 months

May 20262,0909,561106.413.05$251,518
Apr 20261,6586,75498.932.87$183,408
Mar 20261,8217,68289.753.15$187,629
Feb 20261,3537,30663.503.75$113,315
Jan 20261,0075,20959.138.00$101,205
Dec 20251,0846,31156.664.41$89,272
Nov 20251,3576,05558.593.93$103,281
Oct 20251,2444,97459.383.30$90,307
Sep 20251,2184,50162.743.08$90,267
Aug 20254352,98063.933.01$36,794
Jul 20251,3675,37566.743.32$109,053
Jun 20251,3384,99466.483.13$104,575
May 20259502,66660.553.23$66,140
Apr 20251,7313,79462.363.54$121,388
Mar 20251,5744,61467.704.27$126,254
Feb 20251,2214,08270.884.34$104,264
Jan 20258183,30574.324.28$74,935
Dec 20248983,81768.993.12$73,867
Nov 20249084,25369.052.20$72,047
Oct 20248823,37571.372.28$70,648
Sep 20241,0213,44569.612.36$79,217
Aug 20249124,16775.632.06$77,574
Jul 20249984,04279.932.15$88,447
Jun 20244081,68278.082.63$36,287
May 20241,8645,28178.812.20$158,512
Apr 20241,2863,94984.451.66$115,155
Mar 20241,2732,94580.301.55$106,772
Feb 20241,3943,58276.091.78$112,458
Jan 20242,4255,43173.023.30$194,983
Dec 20232,6005,85771.262.61$200,567
Nov 20232,6395,39077.892.81$220,684
Oct 20232,1233,42985.443.09$191,975
Sep 20233,0255,03989.042.74$283,128
Aug 20233,3585,74580.522.67$285,742
Jul 20233,3806,11174.852.64$269,137
Jun 20233,3825,79268.962.26$246,304
May 20233,5036,27070.622.23$261,348
Apr 20233,3835,87778.122.24$277,431
Mar 20233,5456,00572.852.39$272,624
Feb 20232,1014,15375.112.47$168,046
Jan 20231,3238,98276.533.39$131,678
Dec 20221,3689,06276.415.73$156,446
Nov 20221,4468,43685.005.65$170,541
Oct 20221,4498,98287.185.86$178,992
Sep 20221,4028,59784.888.16$189,185
Aug 20221,5776,80294.529.13$211,141
Jul 20228342,732101.587.54$105,323
Jun 20227882,824115.097.98$113,219
May 20222,1136,295109.378.43$284,185
Apr 20221,5052,679104.226.84$175,169
Mar 20221,2382,962108.885.08$149,830
Feb 20221,2252,70791.054.86$124,689
Jan 20221,0592,65781.844.54$98,725
Dec 20211,5583,40971.323.90$124,409
Nov 20211,5802,83777.435.24$137,196
Oct 20211,0642,36479.795.71$98,404
Sep 20211,2352,43669.865.35$99,312
Aug 20211,6841,99166.024.22$119,581
Jul 20211,4371,77870.783.98$108,791
Jun 20211,5231,72869.493.38$111,675
May 20211,2322,31763.483.02$85,199
Apr 20211,4401,51660.362.76$91,100
Mar 20211,4232,01761.302.72$92,710
Feb 20211,2281,48757.805.55$79,228
Jan 20211,5572,18450.412.81$84,626
Dec 20201,5421,78044.642.68$73,597
Nov 20201,4301,08938.772.71$58,389
Oct 20201,7351,61436.972.48$68,143
Sep 20201,3781,59537.091.99$54,286
Aug 20201,9492,23439.982.39$83,249
Jul 20201,6042,07638.371.83$65,334
Jun 20201,1251,23434.901.69$41,348
May 2020078216.921.81$1,419
Apr 20201,0841,69514.751.80$19,047
Mar 20201,6472,90130.341.86$55,355
Feb 20207572,43149.881.98$42,574
Jan 20201,8033,63257.252.09$110,830
Dec 20192,1702,38559.012.30$133,548
Nov 20191,8362,94655.302.75$109,634
Oct 20191,6152,05053.472.42$91,312
Sep 20191,8392,18455.052.66$107,040
Aug 20191,7701,16653.112.30$96,692
Jul 20191,8331,85856.272.46$107,714
Jun 20191,6191,49952.782.49$89,185
May 20191,7752,08758.482.74$109,521
Apr 20191,9911,69662.632.75$129,362
Mar 20191,9011,77556.803.06$113,412
Feb 20191,76356650.852.79$91,229
Jan 20191,7551,60146.033.23$85,951
Dec 20182,976046.594.19$138,652
Nov 20182,575052.934.24$136,295
Oct 20182,6923,05661.443.40$175,781
Sep 201868349259.543.11$42,195
Aug 20183,9564,56659.403.07$248,988
Jul 20182,2433,24365.142.93$155,617
Jun 20181,8182,00460.183.08$115,573
May 20182,5462,75065.382.90$174,435
Apr 20183,8594,61263.842.90$259,737
Mar 20183,6294,52061.222.79$234,764
Feb 20182,4732,44061.782.77$159,531
Jan 201867090862.874.01$45,763
Dec 201795982757.272.92$57,338
Nov 20173,7233,75955.423.12$218,051
Oct 20174,4644,68049.292.98$233,994
Sep 20174,1053,90647.523.09$207,129
Aug 20174,7284,59045.373.00$228,300
Jul 20176,9086,30343.873.09$322,513
Jun 20175,8135,60142.493.09$264,286

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                2,090 bbl  × $106.41 =   $222,397
Casinghead gas     9,561 Mcf  × $  3.05 =    $29,121

────────────────────────────────────────────────────
Month total                                 $251,518

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/70691 is the state's own key, not one this site invented.