BUCKY 711

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 70810District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.6 M
Sep 2018 – May 2026
Value, last 12 filed months
$929 k
at the published price for each month
Months reported
93
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
OilDisposition209,941 bbl$13,044,501
Casinghead gasProduction449,438 Mcf$1,604,391
Total$14,648,892

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 33.0660, -103.0155. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06596, -103.01553 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,275 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
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.
1100.0%

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 5,275 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-501369401H5,275 ftSep 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 (93)

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

93 months

May 20261,3346,308106.413.05$161,164
Apr 20266533,89298.932.87$75,770
Mar 20264754,23989.753.15$55,982
Feb 20264404,07963.503.75$43,238
Jan 20265834,04159.138.00$66,792
Dec 20254924,57356.664.41$48,059
Nov 20258974,55958.593.93$70,456
Oct 20251,2515,00559.383.30$90,825
Sep 20257555,17062.743.08$63,276
Aug 20257565,61763.933.01$65,265
Jul 20251,2245,82666.743.32$101,004
Jun 20259857,07866.483.13$87,628
May 20251,0527,57560.553.23$88,183
Apr 20251,4148,53062.363.54$118,400
Mar 20251,4088,43667.704.27$131,329
Feb 20251,4666,90670.884.34$133,888
Jan 20255853,65974.324.28$59,133
Dec 20241,6478,39568.993.12$139,830
Nov 20241,4146,84969.052.20$112,694
Oct 20241,7617,05171.372.28$141,769
Sep 20241,3275,03369.612.36$104,272
Aug 20244312175.632.06$3,502
Jul 20248412,87479.932.15$73,390
Jun 20249983,80078.082.63$87,933
May 20241,4085,01678.812.20$121,992
Apr 20241,2234,74284.451.66$111,150
Mar 20241,7647,32780.301.55$152,970
Feb 20241,3415,66676.091.78$112,143
Jan 20241,7005,67573.023.30$142,848
Dec 20231,4104,36471.262.61$111,870
Nov 20231,5704,94377.892.81$136,165
Oct 20231,5275,04385.443.09$146,036
Sep 20231,6274,63689.042.74$157,548
Aug 20231,5645,06580.522.67$139,471
Jul 20237532,10674.852.64$61,926
Jun 20239532,43668.962.26$71,221
May 20231,2862,18770.622.23$95,689
Apr 20239741,88478.122.24$80,305
Mar 20231,2012,01172.852.39$92,305
Feb 20231,1891,80175.112.47$93,746
Jan 20231,3445,52876.533.39$121,584
Dec 20221,3155,27876.415.73$130,717
Nov 20221,3736,54685.005.65$153,665
Oct 20221,0025,56487.185.86$119,980
Sep 20221,1154,33084.888.16$129,990
Aug 20221,4145,61994.529.13$184,937
Jul 20221,6074,992101.587.54$200,889
Jun 20221,6856,136115.097.98$242,875
May 20221,5814,628109.378.43$211,942
Apr 20221,5686,469104.226.84$207,649
Mar 20222,4707,473108.885.08$306,870
Feb 20221,6475,38391.054.86$176,114
Jan 20222,2714,81481.844.54$207,703
Dec 20211,8415,39371.323.90$152,328
Nov 20212,1835,17277.435.24$196,115
Oct 20212,0105,40079.795.71$191,233
Sep 20212,2355,44869.865.35$185,289
Aug 20212,5815,18366.024.22$192,273
Jul 20212,6824,63970.783.98$208,305
Jun 20212,7013,42769.493.38$199,278
May 20212,5694,46563.483.02$176,554
Apr 20212,4024,76160.362.76$158,118
Mar 20212,6384,29061.302.72$173,365
Feb 20212,7354,30657.805.55$181,972
Jan 20212,0523,84650.412.81$114,250
Dec 20203,2745,30744.642.68$160,350
Nov 20203,1324,05138.772.71$132,392
Oct 20203,1225,20036.972.48$128,308
Sep 20203,0883,21137.091.99$120,927
Aug 20203,3294,32739.982.39$143,414
Jul 20202,8734,19638.371.83$117,895
Jun 20201,0132,85134.901.69$40,173
May 202001,13016.921.81$2,051
Apr 20201,8873,51614.751.80$34,177
Mar 20202,6154,60230.341.86$87,881
Feb 20202,3144,24649.881.98$123,832
Jan 20202,6995,33857.252.09$165,699
Dec 20192,8204,58259.012.30$176,967
Nov 20191,9393,99255.302.75$118,207
Oct 20192,0875,20953.472.42$124,190
Sep 20192,99910,72055.052.66$193,581
Aug 20194,0649,96953.112.30$238,811
Jul 20194,6316,43356.272.46$276,412
Jun 20195,5156,72952.782.49$307,845
May 20196,1717,05958.482.74$380,224
Apr 20196,7705,45662.632.75$439,013
Mar 20198,3907,09356.803.06$498,271
Feb 20195,73186750.852.79$293,842
Jan 20197,7423,27046.033.23$366,920
Dec 20188,4932346.594.19$395,785
Nov 20188,438052.934.24$446,623
Oct 20187,2024,97761.443.40$459,403
Sep 20183,2911,47659.543.11$200,534

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                1,334 bbl  × $106.41 =   $141,951
Casinghead gas     6,308 Mcf  × $  3.05 =    $19,213

────────────────────────────────────────────────────
Month total                                 $161,164

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/70810 is the state's own key, not one this site invented.