TRUE GRIT 712

Operated by RILEY PERMIAN OPERATING CO, LLC (P-5 712217) 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 71137District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$25.6 M
Nov 2020 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
67
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
OilDisposition294,792 bbl$23,704,259
Casinghead gasProduction485,762 Mcf$1,910,626
Total$25,614,885

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 33.0658, -103.0296. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.06584, -103.02960 · 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
5,311 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 5,292 and 5,329 ft, median 5,311 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2021 – Oct 2021
2 of 2 wells

2 wells

42-501372904H5,329 ftOct 2021
42-501371541H5,292 ftAug 2021

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 (67)

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

67 months

May 20263,1039,683106.413.05$359,683
Apr 20262,8319,08098.932.87$306,128
Mar 20263,2508,43189.753.15$318,240
Feb 20262,7797,09863.503.75$203,086
Jan 20262,7216,82159.138.00$215,447
Dec 20252,8157,42056.664.41$192,245
Nov 20252,0604,91258.593.93$139,982
Oct 20252,5646,57959.383.30$173,993
Sep 20252,5846,54362.743.08$182,252
Aug 20252,6906,82563.933.01$192,547
Jul 20252,5456,97066.743.32$192,960
Jun 20252,8886,91366.483.13$213,623
May 20253,1797,32060.553.23$216,149
Apr 20252,6006,46562.363.54$185,042
Mar 20253,2517,65867.704.27$252,779
Feb 20252,4366,46570.884.34$200,727
Jan 20253,0787,07674.324.28$259,033
Dec 20243,7708,98268.993.12$288,128
Nov 20242,5596,65369.052.20$191,325
Oct 20243,2638,79171.372.28$252,936
Sep 20243,1538,92769.612.36$240,587
Aug 20243,7619,48375.632.06$304,014
Jul 20243,5189,00979.932.15$300,532
Jun 20243,5899,13378.082.63$304,285
May 20243,6999,36078.812.20$312,096
Apr 20243,6248,74184.451.66$320,550
Mar 20244,1559,06080.301.55$347,645
Feb 20243,5977,86576.091.78$287,724
Jan 20243,7978,87173.023.30$306,510
Dec 20234,2468,12371.262.61$323,777
Nov 20234,2119,38977.892.81$354,355
Oct 20233,7188,83485.443.09$344,939
Sep 20234,7119,77889.042.74$446,211
Aug 20234,4639,55980.522.67$384,911
Jul 20234,5669,01374.852.64$365,576
Jun 20234,7808,17668.962.26$348,094
May 20235,1067,60670.622.23$377,527
Apr 20234,8747,23078.122.24$396,936
Mar 20234,6216,53372.852.39$352,274
Feb 20234,5086,44475.112.47$354,485
Jan 20234,9437,34276.533.39$403,160
Dec 20225,5657,56476.415.73$468,556
Nov 20225,6216,77985.005.65$516,061
Oct 20225,7236,69987.185.86$538,212
Sep 20226,0956,62584.888.16$571,428
Aug 20224,4665,43994.529.13$471,769
Jul 20226,3898,241101.587.54$711,149
Jun 20224,8886,766115.097.98$616,534
May 20228,39711,979109.378.43$1,019,399
Apr 20228,53310,785104.226.84$963,053
Mar 20229,47110,840108.885.08$1,086,231
Feb 20229,62010,83691.054.86$928,551
Jan 202212,30813,48081.844.54$1,068,455
Dec 202115,90615,59971.323.90$1,195,238
Nov 202119,05916,96177.435.24$1,564,561
Oct 202112,32911,65779.795.71$1,050,337
Sep 20219,5917,22469.865.35$708,682
Aug 20216,2253,12766.024.22$424,172
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0

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                3,103 bbl  × $106.41 =   $330,190
Casinghead gas     9,683 Mcf  × $  3.05 =    $29,493

────────────────────────────────────────────────────
Month total                                 $359,683

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/71137 is the state's own key, not one this site invented.