SOONER 662 B

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 71259District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17.9 M
Jul 2022 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
47
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
OilDisposition208,232 bbl$16,222,759
Casinghead gasProduction512,272 Mcf$1,723,685
Total$17,946,444

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 33.0806, -103.0092. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08064, -103.00915 · 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
5,268 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 5,268 ft.

Completions filed
Jul 2022
1 of 1 wells

1 well

42-501373565H5,268 ftJul 2022

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 (47)

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

47 months

May 20263,03113,054106.413.05$362,289
Apr 20263,11916,87398.932.87$356,983
Mar 20263,29117,58889.753.15$350,760
Feb 20262,5949,35663.503.75$199,807
Jan 20262,28210,97559.138.00$222,712
Dec 20252,59314,58656.664.41$211,293
Nov 20253,45715,21658.593.93$262,290
Oct 20253,59815,39159.383.30$264,514
Sep 20252,84714,18862.743.08$222,276
Aug 20252,70413,73663.933.01$214,277
Jul 20254,07417,77566.743.32$330,826
Jun 20253,77712,96866.483.13$291,668
May 20254,31313,98760.553.23$306,363
Apr 20253,59911,20662.363.54$264,138
Mar 20251,6764,64567.704.27$133,292
Feb 20252,2328,00970.884.34$192,970
Jan 20254,32917,18974.324.28$395,278
Dec 20244,10813,46468.993.12$325,437
Nov 20243,50812,28769.052.20$269,240
Oct 20244,20914,56371.372.28$333,620
Sep 20243,0907,63469.612.36$233,144
Aug 20245,23222,89475.632.06$442,941
Jul 20245,06020,16279.932.15$447,725
Jun 20245,71417,20778.082.63$491,472
May 20245,53616,50978.812.20$472,586
Apr 20242,9148,30684.451.66$259,869
Mar 20243,2287,65180.301.55$271,030
Feb 20243,0577,90176.091.78$246,700
Jan 20243,3207,32973.023.30$266,595
Dec 20234,3019,82371.262.61$332,134
Nov 20233,4477,00777.892.81$288,159
Oct 20233,5035,86385.443.09$317,397
Sep 20233,4465,71689.042.74$322,465
Aug 20233,6186,12880.522.67$307,701
Jul 20233,4276,25974.852.64$273,046
Jun 20233,7126,45768.962.26$270,563
May 20233,8737,08570.622.23$289,292
Apr 20234,2757,34278.122.24$350,393
Mar 20234,6197,88772.852.39$355,369
Feb 20234,8256,70975.112.47$378,948
Jan 20236,1718,94776.533.39$502,577
Dec 20226,7409,07176.415.73$566,972
Nov 20228,6788,44585.005.65$785,312
Oct 20228,6258,76387.185.86$803,312
Sep 202211,4628,60184.888.16$1,043,110
Aug 202214,1646,80694.529.13$1,400,901
Jul 20226,8542,714101.587.54$716,699

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                3,031 bbl  × $106.41 =   $322,529
Casinghead gas    13,054 Mcf  × $  3.05 =    $39,760

────────────────────────────────────────────────────
Month total                                 $362,289

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/71259 is the state's own key, not one this site invented.