BIA

Operated by RING ENERGY, INC. (P-5 712382) in the HARRIS (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70799District 8AField 39342375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$288 k
Feb 2018 – Sep 2019
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
20
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 76 leases and 558 wells, and the rule below applies to all of them.

Discovered
1998-02-25
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 10 acres. The field rule took effect on 2016-03-08.

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: 2112020. P-16'S AND LEASE PLATS REQUIRED.

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
OilDisposition4,653 bbl$279,031
Casinghead gasProduction2,936 Mcf$8,475
Total$287,506

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 32.5629, -102.6523. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56292, -102.65232 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,697 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
1100.0%
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.
00.0%

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 4,697 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-165386511H4,697 ftFeb 2018Yes

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 (20)

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

20 months

Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201925062.632.75$1,566
Mar 201951056.803.06$2,897
Feb 2019169050.852.79$8,594
Jan 2019202046.033.23$9,298
Dec 20181865846.594.19$8,909
Nov 2018162052.934.24$8,575
Oct 2018244261.443.40$14,998
Sep 2018411059.543.11$24,471
Aug 2018158059.403.07$9,385
Jul 2018211065.142.93$13,745
Jun 201823912360.183.08$14,761
May 201842293565.382.90$30,303
Apr 201848460363.842.90$32,648
Mar 20186681,21561.222.79$44,281
Feb 20181,021061.782.77$63,077

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.

Apr 2019 — as filed, then multipliedworked
Oil                   25 bbl  × $ 62.63 =     $1,566
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $1,566

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/70799 is the state's own key, not one this site invented.