12TH MAN 660

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 70761District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.2 M
Apr 2018 – May 2026
Value, last 12 filed months
$2.0 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
OilDisposition217,970 bbl$14,179,797
Casinghead gasProduction325,529 Mcf$1,049,932
Total$15,229,729

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 33.0791, -103.0449. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.07916, -103.04490 · 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
5,325 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 5,310 and 5,339 ft, median 5,325 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2018 – Aug 2024
2 of 2 wells

2 wells

42-501370272H5,339 ftAug 2024
42-501368121H5,310 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 20261,4253,578106.413.05$162,532
Apr 20261,3803,57998.932.87$146,794
Mar 20261,2553,76689.753.15$124,497
Feb 20261,4584,03863.503.75$107,727
Jan 20261,6024,77159.138.00$132,884
Dec 20252,0644,88456.664.41$138,501
Nov 20252,9117,85058.593.93$201,378
Oct 20251,5665,16659.383.30$110,062
Sep 20252,4356,49962.743.08$172,769
Aug 20252,4796,74463.933.01$178,814
Jul 20253,3908,16766.743.32$253,324
Jun 20253,5427,02566.483.13$257,451
May 20251,9553,53160.553.23$129,789
Apr 20252,4054,89162.363.54$167,305
Mar 20253,1337,02467.704.27$242,085
Feb 20253,5026,17470.884.34$275,022
Jan 20253,5486,74774.324.28$292,556
Dec 20244,7197,86468.993.12$350,110
Nov 20244,4266,67469.052.20$320,288
Oct 20244,9768,13971.372.28$373,705
Sep 20247,2818,68669.612.36$527,367
Aug 20244,4315,52275.632.06$346,512
Jul 20241575,64279.932.15$24,660
Jun 20245652,06778.082.63$49,560
May 20241,0512,89678.812.20$89,196
Apr 20241,1233,40884.451.66$100,492
Mar 20241,7513,16580.301.55$145,496
Feb 20241,9314,39276.091.78$154,764
Jan 20247834,56773.023.30$72,235
Dec 2023628071.262.61$44,751
Nov 20231,680077.892.81$130,855
Oct 20231,9741,31185.443.09$172,706
Sep 20231,7613,27389.042.74$165,751
Aug 20238743,05680.522.67$78,543
Jul 20237104,62374.852.64$65,357
Jun 20238764,60268.962.26$70,802
May 20231,0584,57370.622.23$84,902
Apr 20238891,95678.122.24$73,826
Mar 20238982,18172.852.39$70,639
Feb 20231,0691,89475.112.47$84,963
Jan 20231,0801,99576.533.39$89,411
Dec 20221,0192,10076.415.73$89,893
Nov 20221,4162,30985.005.65$133,397
Oct 20221,2332,33187.185.86$121,161
Sep 20221,3892,10084.888.16$135,042
Aug 20221,0492,24894.529.13$119,669
Jul 20221,0421,402101.587.54$116,420
Jun 20221,0551,023115.097.98$129,581
May 20221,6011,837109.378.43$190,593
Apr 20221,0342,242104.226.84$123,093
Mar 20229351,406108.885.08$108,940
Feb 20221,04364991.054.86$98,119
Jan 20221,22752881.844.54$102,814
Dec 20211,44825671.323.90$104,270
Nov 20211,4031,47777.435.24$116,369
Oct 20211,2631,42979.795.71$108,940
Sep 20211,45249969.865.35$104,107
Aug 20211,64367966.024.22$111,337
Jul 20211,43261070.783.98$103,786
Jun 20211,7461,71369.493.38$127,121
May 20211,0951,29263.483.02$73,409
Apr 20211,65422760.362.76$100,462
Mar 20211,9413661.302.72$119,081
Feb 20218802,11357.805.55$62,587
Jan 20211,7433,51450.412.81$97,740
Dec 20201,7713,29344.642.68$87,868
Nov 20201,5962,85638.772.71$69,607
Oct 20201,7573,76436.972.48$74,285
Sep 20202,1132,59437.091.99$83,536
Aug 20202,1583,13839.982.39$93,761
Jul 20202,1723,04638.371.83$88,899
Jun 20202,8973,35034.901.69$106,768
May 2020079716.921.81$1,446
Apr 20201,4772,19014.751.80$25,737
Mar 20202,1693,34130.341.86$72,009
Feb 20202,4212,78649.881.98$126,278
Jan 20202,2353,94157.252.09$136,209
Dec 20193,1353,30859.012.30$192,619
Nov 20193,9432,90555.302.75$226,039
Oct 20193531,12653.472.42$21,598
Sep 2019019655.052.66$521
Aug 20192,7083,44153.112.30$151,751
Jul 20192,8853,39656.272.46$170,693
Jun 20193,1583,27652.782.49$174,840
May 20194,6294,60858.482.74$283,331
Apr 20193,6882,53462.632.75$237,950
Mar 201987526556.803.06$50,511
Feb 20191,37125950.852.79$70,439
Jan 20192,48132046.033.23$115,233
Dec 2018517046.594.19$24,087
Nov 20181,562052.934.24$82,677
Oct 20184,1343,99961.443.40$267,582
Sep 20184,8444,61059.543.11$302,740
Aug 20182,9003,40059.403.07$182,686
Jul 20185,3714,88065.142.93$364,175
Jun 20187,6267,54060.183.08$482,133
May 201810,2449,33065.382.90$696,817
Apr 201810,29610,10063.842.90$686,595

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                1,425 bbl  × $106.41 =   $151,634
Casinghead gas     3,578 Mcf  × $  3.05 =    $10,898

────────────────────────────────────────────────────
Month total                                 $162,532

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/70761 is the state's own key, not one this site invented.