HOOK'EM 361 A

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 71023District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.3 M
Jun 2020 – May 2026
Value, last 12 filed months
$330 k
at the published price for each month
Months reported
72
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
OilDisposition29,709 bbl$2,150,699
Casinghead gasProduction26,446 Mcf$105,629
Total$2,256,328

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 33.2262, -103.0005. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
5,316 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 5,316 ft.

Completions filed
Nov 2017
1 of 1 wells

1 well

42-501368141H5,316 ftNov 2017

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 (72)

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

72 months

May 2026369192106.413.05$39,850
Apr 202633118498.932.87$33,274
Mar 202634424889.753.15$31,655
Feb 202639428663.503.75$26,092
Jan 202635334859.138.00$23,656
Dec 202529425856.664.41$17,797
Nov 202533729358.593.93$20,895
Oct 202540734759.383.30$25,314
Sep 202543532362.743.08$28,286
Aug 202544132663.933.01$29,176
Jul 202528442066.743.32$20,347
Jun 202548053666.483.13$33,587
May 202552856160.553.23$33,784
Apr 202559954162.363.54$39,270
Mar 202576994667.704.27$56,099
Feb 202563977470.884.34$48,652
Jan 202524142074.324.28$19,708
Dec 202439829768.993.12$28,385
Nov 202446535369.052.20$32,884
Oct 202451439871.372.28$37,592
Sep 202437726869.612.36$26,877
Aug 202448134175.632.06$37,082
Jul 202450037179.932.15$40,761
Jun 202446028078.082.63$36,654
May 202447625178.812.20$38,065
Apr 202439524484.451.66$33,763
Mar 202423612480.301.55$19,142
Feb 20241262176.091.78$9,625
Jan 2024167073.023.30$12,194
Dec 202317744371.262.61$13,770
Nov 202325555577.892.81$21,420
Oct 202322572385.443.09$21,456
Sep 202324960089.042.74$23,812
Aug 202323553280.522.67$20,344
Jul 202326148774.852.64$20,822
Jun 202322845468.962.26$16,748
May 202328151370.622.23$20,987
Apr 202327664078.122.24$22,993
Mar 202318746872.852.39$14,743
Feb 202330151675.112.47$23,880
Jan 202333335476.533.39$26,684
Dec 202228632976.415.73$23,738
Nov 202231731985.005.65$28,746
Oct 202234350087.185.86$32,835
Sep 202257763584.888.16$54,160
Aug 202260685394.529.13$65,065
Jul 202247329101.587.54$7,256
Jun 202213127115.097.98$2,509
May 2022520384109.378.43$60,111
Apr 2022694489104.226.84$75,672
Mar 2022533491108.885.08$60,526
Feb 202252938691.054.86$50,041
Jan 202271738481.844.54$60,422
Dec 202174940471.323.90$54,994
Nov 202171445677.435.24$57,673
Oct 202152749579.795.71$44,878
Sep 202169650869.865.35$51,341
Aug 202173743766.024.22$50,501
Jul 202170438470.783.98$51,358
Jun 202154323669.493.38$38,531
May 202154733063.483.02$35,719
Apr 202170929360.362.76$43,603
Mar 202153522761.302.72$33,412
Feb 202154215057.805.55$32,160
Jan 202153923350.412.81$27,826
Dec 202036016244.642.68$16,504
Nov 202035411138.772.71$14,025
Oct 202035916936.972.48$13,691
Sep 202037110937.091.99$13,977
Aug 202017913739.982.39$7,483
Jul 202036011038.371.83$14,014
Jun 20201543334.901.69$5,430

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                  369 bbl  × $106.41 =    $39,265
Casinghead gas       192 Mcf  × $  3.05 =       $585

────────────────────────────────────────────────────
Month total                                  $39,850

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/71023 is the state's own key, not one this site invented.