THUNDERWOLVES 774

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 71263District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.9 M
May 2022 – May 2026
Value, last 12 filed months
$748 k
at the published price for each month
Months reported
49
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
OilDisposition45,990 bbl$3,691,147
Casinghead gasProduction62,375 Mcf$229,156
Total$3,920,304

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 33.0227, -103.0079. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02269, -103.00789 · 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
5,346 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 5,346 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-501373648H5,346 ftMay 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 (49)

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

49 months

May 20261,0962,948106.413.05$125,605
Apr 20261,2902,19598.932.87$133,919
Mar 202623554289.753.15$22,798
Feb 202619213163.503.75$12,683
Jan 20264181,59659.138.00$37,481
Dec 202548190756.664.41$31,256
Nov 20256472,72558.593.93$48,607
Oct 20258162,87359.383.30$57,949
Sep 20259272,95862.743.08$67,262
Aug 20257012,76863.933.01$53,160
Jul 20259563,34666.743.32$74,896
Jun 20251,1162,54466.483.13$82,151
May 20251,0452,89460.553.23$72,629
Apr 20251,0413,17762.363.54$76,173
Mar 20251,2753,18567.704.27$99,912
Feb 20259162,22470.884.34$74,580
Jan 20258282,25974.324.28$71,203
Dec 20249502,00168.993.12$71,786
Nov 202473293869.052.20$52,607
Oct 20241,1641,43171.372.28$86,339
Sep 20241,1951,86169.612.36$87,584
Aug 20243935175.632.06$3,674
Jul 20245571,10579.932.15$46,893
Jun 2024687078.082.63$53,641
May 2024722078.812.20$56,901
Apr 2024924084.451.66$78,032
Mar 2024995080.301.55$79,899
Feb 2024858076.091.78$65,285
Jan 2024659073.023.30$48,120
Dec 202353552671.262.61$39,497
Nov 202355740077.892.81$44,508
Oct 202364677285.443.09$57,578
Sep 202375977189.042.74$69,690
Aug 202384768480.522.67$70,029
Jul 20231,00160374.852.64$76,518
Jun 202394386468.962.26$66,981
May 20231,0881,17170.622.23$79,443
Apr 20231,2711,60878.122.24$102,889
Mar 20231,4111,57172.852.39$106,551
Feb 202373141375.112.47$55,924
Jan 202368064376.533.39$54,219
Dec 20221,03363076.415.73$82,541
Nov 202272256485.005.65$64,554
Oct 20221,06750787.185.86$95,994
Sep 20221,55151884.888.16$135,878
Aug 20221,32174994.529.13$131,697
Jul 20221,976925101.587.54$207,699
Jun 20222,233726115.097.98$262,787
May 20222,156771109.378.43$242,304

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                1,096 bbl  × $106.41 =   $116,625
Casinghead gas     2,948 Mcf  × $  3.05 =     $8,979

────────────────────────────────────────────────────
Month total                                 $125,605

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/71263 is the state's own key, not one this site invented.