BADGER 709 B

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 70734District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$31.0 M
Apr 2018 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
98
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
OilDisposition422,784 bbl$28,984,495
Casinghead gasProduction560,825 Mcf$2,030,041
Total$31,014,536

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, -102.9768. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.04467, -102.97677 · 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
5,194 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 5,179 and 5,209 ft, median 5,194 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2018 – Jan 2021
2 of 2 wells

2 wells

42-501372006XH5,209 ftJan 2021
42-501369323XH5,179 ftApr 2018

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 (98)

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

98 months

May 20261,6928,062106.413.05$204,601
Apr 20262,5678,75598.932.87$279,078
Mar 20262,4218,59989.753.15$244,367
Feb 20262,6737,62463.503.75$198,328
Jan 20262,2486,73359.138.00$186,774
Dec 20252,9228,09756.664.41$201,296
Nov 20253,3277,54358.593.93$224,546
Oct 20252,4116,51359.383.30$164,690
Sep 20252,5087,23962.743.08$179,626
Aug 20252,7806,99163.933.01$198,802
Jul 20252,4057,24066.743.32$184,512
Jun 20252,8397,29166.483.13$211,548
May 20252,8808,07060.553.23$200,469
Apr 20253,7309,96762.363.54$267,917
Mar 20253,48010,20967.704.27$279,171
Feb 20252,9397,56270.884.34$241,142
Jan 20253,5338,82774.324.28$300,340
Dec 20243,66810,00268.993.12$284,275
Nov 20242,9759,89169.052.20$227,169
Oct 20243,54711,55671.372.28$279,513
Sep 20243,94113,24769.612.36$305,654
Aug 20244,11613,32275.632.06$338,785
Jul 20243,50812,21979.932.15$306,624
Jun 20243,41812,64178.082.63$300,174
May 20244,05211,01078.812.20$343,543
Apr 20244,3435,77084.451.66$376,340
Mar 20243,813080.301.55$306,184
Feb 20243,717076.091.78$282,827
Jan 20244,0273,65973.023.30$306,118
Dec 20234,5053171.262.61$321,107
Nov 20233,974077.892.81$309,535
Oct 20233,6181,56085.443.09$313,938
Sep 20233,3831,28289.042.74$304,729
Aug 20233,4882,11080.522.67$286,494
Jul 20233,6271,47974.852.64$275,388
Jun 20233,9232,40168.962.26$275,953
May 20233,6046,14570.622.23$268,202
Apr 20234,0165,58878.122.24$326,235
Mar 20233,8976,38772.852.39$299,182
Feb 20233,6025,43075.112.47$283,935
Jan 20234,3936,03776.533.39$356,648
Dec 20224,6756,55676.415.73$394,777
Nov 20224,5066,78585.005.65$421,319
Oct 20224,3006,46787.185.86$412,795
Sep 20224,0486,30084.888.16$395,025
Aug 20224,1936,55594.529.13$456,151
Jul 20224,1346,594101.587.54$469,664
Jun 20224,3485,816115.097.98$546,807
May 20224,1075,146109.378.43$492,579
Apr 20224,1315,541104.226.84$468,420
Mar 20225,8007,382108.885.08$668,978
Feb 20224,1605,10291.054.86$403,558
Jan 20224,9356,26681.844.54$432,314
Dec 20214,9856,76771.323.90$381,916
Nov 20216,0477,54177.435.24$507,710
Oct 20216,5058,75979.795.71$569,082
Sep 20217,2999,98469.865.35$563,332
Aug 20219,0808,83466.024.22$636,746
Jul 20219,5387,50570.783.98$704,985
Jun 20219,6923,15869.493.38$684,173
May 20219,3945,33863.483.02$612,439
Apr 202111,4376,15960.362.76$707,326
Mar 202114,3258,86561.302.72$902,208
Feb 20217,1925,02257.805.55$443,559
Jan 20219254,81750.412.81$60,166
Dec 20201,9715,21544.642.68$101,938
Nov 20202,0974,55338.772.71$93,624
Oct 20201,7794,90236.972.48$77,919
Sep 20201,9212,80337.091.99$76,831
Aug 20201,9663,81839.982.39$87,707
Jul 20202,6773,15738.371.83$108,478
Jun 20202,1411,57034.901.69$77,375
May 202001,02316.921.81$1,856
Apr 20201,1765,02414.751.80$26,411
Mar 20203,4586,06530.341.86$116,174
Feb 20202,8012,87749.881.98$145,412
Jan 20202,9722,49757.252.09$175,378
Dec 20193,6422,64159.012.30$221,000
Nov 20193,3052,07055.302.75$188,460
Oct 20193,2582,71053.472.42$180,760
Sep 20193,6192,55955.052.66$206,026
Aug 20191,8381,71553.112.30$101,568
Jul 20193,0772,62956.272.46$179,610
Jun 20191,61776952.782.49$87,261
May 20194,8825,39358.482.74$300,278
Apr 20194,2454,99762.632.75$279,610
Mar 20195,5067,09456.803.06$334,463
Feb 20196,2202,59750.852.79$323,538
Jan 20196,6584,79746.033.23$321,953
Dec 20185,779346.594.19$269,256
Nov 20186,220052.934.24$329,225
Oct 20187,6437,37961.443.40$494,660
Sep 20188,1528,00359.543.11$510,243
Aug 20185,5625,70459.403.07$347,874
Jul 2018690065.142.93$44,947
Jun 20185,9935,60660.183.08$377,908
May 20189,9858,45065.382.90$677,331
Apr 201811,6687,85763.842.90$767,677

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                1,692 bbl  × $106.41 =   $180,046
Casinghead gas     8,062 Mcf  × $  3.05 =    $24,556

────────────────────────────────────────────────────
Month total                                 $204,601

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/70734 is the state's own key, not one this site invented.