MATADOR 646 C

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 70793District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$23.2 M
Aug 2018 – May 2026
Value, last 12 filed months
$4.0 M
at the published price for each month
Months reported
94
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
OilDisposition316,333 bbl$21,527,080
Casinghead gasProduction433,988 Mcf$1,701,361
Total$23,228,441

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 33.0810, -102.9982. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.08087, -102.99722 · centre of 1 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
5,288 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 5,273 and 5,302 ft, median 5,288 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2018 – Feb 2024
2 of 2 wells

2 wells

42-501371742H5,302 ftFeb 2024
42-501369851H5,273 ftAug 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 (94)

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

94 months

May 20263,9017,645106.413.05$438,391
Apr 20263,9067,33898.932.87$407,479
Mar 20264,58414,18389.753.15$456,083
Feb 20264,27217,33163.503.75$336,269
Jan 20264,96715,75859.138.00$419,730
Dec 20254,5456,48356.664.41$286,132
Nov 20254,8739,33958.593.93$322,178
Oct 20254,1998,03759.383.30$275,898
Sep 20254,6675,32662.743.08$309,195
Aug 20255,0634,81863.933.01$338,203
Jul 20253,6624,95166.743.32$260,815
Jun 20252,2163,33066.483.13$157,738
May 20252,2553,77460.553.23$148,739
Apr 20252,8713,82262.363.54$192,577
Mar 20254,4293,58367.704.27$315,137
Feb 20255,0633,50170.884.34$374,063
Jan 20256,2283,28274.324.28$476,908
Dec 20243,3744,44768.993.12$246,653
Nov 20244,8036,69169.052.20$346,357
Oct 20244,9687,18471.372.28$370,956
Sep 20245,4837,14069.612.36$398,553
Aug 20245,8186,22175.632.06$452,853
Jul 20247,3637,75379.932.15$605,167
Jun 20247,5827,71578.082.63$612,324
May 20247,4386,30878.812.20$600,057
Apr 20248,8435,16884.451.66$755,366
Mar 202410,1085,32480.301.55$819,899
Feb 20246,5553,41776.091.78$504,865
Jan 20241,7808473.023.30$130,253
Dec 20231,41920071.262.61$101,640
Nov 20231,7611,46277.892.81$141,269
Oct 20231,4173,92785.443.09$133,192
Sep 20231,5974,34289.042.74$154,072
Aug 20231,5874,38680.522.67$139,508
Jul 20231,7524,57574.852.64$143,223
Jun 20231,6004,87568.962.26$121,346
May 20231,6124,87770.622.23$124,702
Apr 20231,7864,80178.122.24$150,266
Mar 20231,7745,16472.852.39$141,594
Feb 20231,6174,64475.112.47$132,903
Jan 20232,1436,09976.533.39$184,665
Dec 20222,2856,85476.415.73$213,864
Nov 20222,1337,34585.005.65$222,776
Oct 20222,2776,65187.185.86$237,509
Sep 20221,4096,12784.888.16$169,615
Aug 20222,2177,80994.529.13$280,825
Jul 20222,1197,145101.587.54$269,136
Jun 20222,1176,248115.097.98$293,487
May 20221,9786,530109.378.43$271,402
Apr 20221,9906,640104.226.84$252,799
Mar 20222,3316,811108.885.08$288,375
Feb 20221,9625,71291.054.86$206,394
Jan 20222,1236,72881.844.54$204,276
Dec 20212,2946,70271.323.90$189,740
Nov 20212,3785,64577.435.24$213,691
Oct 20212,2925,24179.795.71$212,825
Sep 20211,8215,31269.865.35$155,639
Aug 20212,6754,97066.024.22$197,580
Jul 20212,0175,17870.783.98$163,382
Jun 20212,3123,78969.493.38$173,470
May 20212,1954,57263.483.02$153,135
Apr 20212,1314,23560.362.76$140,309
Mar 20212,3364,09061.302.72$154,309
Feb 20212,3073,04957.805.55$150,260
Jan 20211,9233,35050.412.81$106,353
Dec 20201,9713,00144.642.68$96,015
Nov 20202,1521,95338.772.71$88,719
Oct 20202,1172,40236.972.48$84,219
Sep 20201,7672,00537.091.99$69,530
Aug 20202,1482,18939.982.39$91,098
Jul 20202,0142,22538.371.83$81,338
Jun 20201,0971,43134.901.69$40,704
May 20200016.921.81$0
Apr 2020361914.751.80$5,341
Mar 20202,34991330.341.86$72,963
Feb 20202,4131,16049.881.98$122,658
Jan 20202,5552,68457.252.09$151,896
Dec 20192,1992,28659.012.30$135,031
Nov 20192,3401,09955.302.75$132,425
Oct 20192,8913,16153.472.42$162,227
Sep 20193,5423,78555.052.66$205,045
Aug 20193,5761,09853.112.30$192,452
Jul 20194,0632,87156.272.46$235,688
Jun 20193,97548552.782.49$211,009
May 20191,7661,27658.482.74$106,772
Apr 20195,4453,45262.632.75$350,516
Mar 20194,5441,47656.803.06$262,619
Feb 20195,72490050.852.79$293,578
Jan 20195,21268946.033.23$242,133
Dec 20188,227046.594.19$383,296
Nov 20188,329052.934.24$440,854
Oct 20188,5237,92361.443.40$550,576
Sep 20186,3856,46659.543.11$400,259
Aug 20181,1451,01159.403.07$71,113

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                3,901 bbl  × $106.41 =   $415,105
Casinghead gas     7,645 Mcf  × $  3.05 =    $23,285

────────────────────────────────────────────────────
Month total                                 $438,391

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/70793 is the state's own key, not one this site invented.