LAZY HORSE 581

Operated by RILEY PERMIAN OPERATING CO, LLC (P-5 712217) 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 70697District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$37.5 M
May 2017 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
109
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
OilDisposition515,794 bbl$32,435,636
Casinghead gasProduction1,442,890 Mcf$5,037,543
Total$37,473,179

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 33.1099, -102.9771. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.10994, -102.97714 · 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
5,245 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 5,235 and 5,254 ft, median 5,245 ft, over the 2 wells that filed a depth.

Completions filed
May 2017 – Jun 2018
2 of 2 wells

2 wells

42-501369632H5,254 ftJun 2018
42-501366931H5,235 ftMay 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 (109)

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

109 months

May 20261,55312,885106.413.05$204,500
Apr 20261,27612,50198.932.87$162,109
Mar 20261,43413,08289.753.15$169,902
Feb 20261,40812,01663.503.75$134,472
Jan 20261,80413,88459.138.00$217,714
Dec 20251,76014,05356.664.41$161,743
Nov 20252,00314,50458.593.93$174,305
Oct 20252,14615,66259.383.30$179,190
Sep 20252,62316,63462.743.08$215,749
Aug 20253,08116,11163.933.01$245,539
Jul 20252,77015,84666.743.32$237,402
Jun 20252,74514,97566.483.13$229,340
May 20252,77716,13760.553.23$220,307
Apr 20253,09615,10562.363.54$246,585
Mar 20253,38215,30767.704.27$294,297
Feb 20252,49913,42170.884.34$235,388
Jan 20252,54615,31774.324.28$254,755
Dec 20242,76515,75068.993.12$239,919
Nov 20242,41517,34369.052.20$204,883
Oct 20242,09715,42571.372.28$184,853
Sep 20241,3818,66169.612.36$116,609
Aug 20243,10320,12775.632.06$276,215
Jul 20243,32921,50979.932.15$312,258
Jun 20242,96420,54878.082.63$285,552
May 20243,31517,93678.812.20$300,686
Apr 20243,21818,23484.451.66$302,014
Mar 20243,10220,05180.301.55$280,072
Feb 20243,30218,74876.091.78$284,689
Jan 20243,45320,63673.023.30$320,189
Dec 20234,34817,23571.262.61$354,834
Nov 20233,66219,12977.892.81$338,939
Oct 20233,60019,76785.443.09$368,610
Sep 20234,17317,10289.042.74$418,339
Aug 20235,32821,97580.522.67$487,747
Jul 20235,38020,83774.852.64$457,740
Jun 20235,08121,16368.962.26$398,182
May 20233,34217,28470.622.23$274,510
Apr 20233,98122,56578.122.24$361,491
Mar 20234,56221,86372.852.39$384,663
Feb 20234,06317,28675.112.47$347,794
Jan 20234,67320,04376.533.39$425,525
Dec 20224,97317,34176.415.73$479,335
Nov 20223,68913,45585.005.65$389,535
Oct 20223,09812,04887.185.86$340,730
Sep 20223,41712,50884.888.16$392,146
Aug 20223,74713,06394.529.13$473,395
Jul 20223,90913,161101.587.54$496,338
Jun 20223,89612,724115.097.98$549,893
May 20224,09415,051109.378.43$574,686
Apr 20224,01617,326104.226.84$537,016
Mar 20224,21116,457108.885.08$542,036
Feb 20224,03614,86291.054.86$439,690
Jan 20224,75118,01681.844.54$470,573
Dec 20214,64919,22171.323.90$406,512
Nov 20213,86016,60177.435.24$385,817
Oct 20214,97718,33179.795.71$501,856
Sep 20215,41618,56669.865.35$477,707
Aug 20214,30017,80666.024.22$359,038
Jul 20214,43616,61270.783.98$380,130
Jun 20214,43115,00969.493.38$358,650
May 20214,07017,02963.483.02$309,752
Apr 20214,75121,28560.362.76$345,483
Mar 20215,02013,18961.302.72$343,560
Feb 20214,73710,35657.805.55$331,253
Jan 20215,17810,86650.412.81$291,559
Dec 20205,6879,96744.642.68$280,534
Nov 20206,94010,24338.772.71$296,787
Oct 20205,8138,23636.972.48$235,319
Sep 20206,24610,83737.091.99$253,241
Aug 20203,3836,02939.982.39$149,632
Jul 20202,1613,70338.371.83$89,676
Jun 20202,2393,93134.901.69$84,786
May 20201,9944,28616.921.81$41,517
Apr 20202,3924,49714.751.80$43,396
Mar 20203,6936,36030.341.86$123,851
Feb 20203,7166,37249.881.98$197,975
Jan 20205,55410,12557.252.09$339,176
Dec 20195,1579,65459.012.30$326,561
Nov 20197,16511,05955.302.75$426,644
Oct 20197,12613,38853.472.42$413,407
Sep 20198,63714,86955.052.66$514,978
Aug 20197,20512,67753.112.30$411,870
Jul 20198,34713,91556.272.46$503,917
Jun 20196,89113,54052.782.49$397,438
May 201910,30417,61458.482.74$650,846
Apr 20198,38815,97362.632.75$569,277
Mar 201911,69018,33556.803.06$720,136
Feb 201911,24116,29650.852.79$617,107
Jan 201913,277046.033.23$611,140
Dec 201814,45417,49046.594.19$746,615
Nov 201814,81019,22152.934.24$865,337
Oct 201815,44718,56961.443.40$1,012,163
Sep 201814,98217,30259.543.11$945,803
Aug 201813,05513,45759.403.07$816,734
Jul 20185,2215,21565.142.93$355,386
Jun 201868285060.183.08$43,658
May 20184,0695,90865.382.90$283,169
Apr 20182,7073,22263.842.90$182,161
Mar 20183,8334,70361.222.79$247,763
Feb 20184,7784,58761.782.77$307,873
Jan 20182,9263,18662.874.01$196,731
Dec 20173,7104,64457.272.92$226,039
Nov 20173,2183,77555.423.12$190,113
Oct 20173,8184,24549.292.98$200,855
Sep 20174,7165,07047.523.09$239,757
Aug 20173,987045.373.00$180,890
Jul 20175,472043.873.09$240,057
Jun 20177,875042.493.09$334,609
May 20171,586045.373.26$71,957

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                1,553 bbl  × $106.41 =   $165,255
Casinghead gas    12,885 Mcf  × $  3.05 =    $39,246

────────────────────────────────────────────────────
Month total                                 $204,500

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/70697 is the state's own key, not one this site invented.