BOOMER 727 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 71314District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.6 M
May 2023 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
37
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
OilDisposition115,909 bbl$8,451,081
Casinghead gasProduction351,255 Mcf$1,114,856
Total$9,565,937

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 33.0305, -103.0016. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03047, -103.00164 · 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
5,304 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 5,304 ft.

Completions filed
May 2023
1 of 1 wells

1 well

42-501374042XH5,304 ftMay 2023

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 (37)

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

37 months

May 20269754,708106.413.05$118,090
Apr 20261,0796,47098.932.87$125,313
Mar 20261,0646,04889.753.15$114,542
Feb 20261,3967,17163.503.75$115,540
Jan 20261,92812,12059.138.00$210,937
Dec 20252,12812,48756.664.41$175,682
Nov 20252,54612,93258.593.93$199,947
Oct 20252,75713,50059.383.30$208,326
Sep 20252,69113,91462.743.08$211,646
Aug 20252,38012,37063.933.01$189,446
Jul 20252,65413,20766.743.32$220,912
Jun 20253,06912,68966.483.13$243,727
May 20253,06812,02860.553.23$224,646
Apr 20253,01710,64062.363.54$225,839
Mar 20253,4409,32467.704.27$272,686
Feb 20252,1969,38270.884.34$196,378
Jan 20252,33410,69474.324.28$219,219
Dec 20243,62110,42968.993.12$282,366
Nov 20242,76910,22369.052.20$213,674
Oct 20243,3198,38671.372.28$256,009
Sep 20242,9556,54269.612.36$221,165
Aug 20242,4417,16675.632.06$199,401
Jul 20242,3286,47779.932.15$199,981
Jun 20242,8366,51978.082.63$238,606
May 20243,5027,43278.812.20$292,331
Apr 20244,0208,05684.451.66$352,856
Mar 20244,0167,60980.301.55$334,242
Feb 20243,9909,39776.091.78$320,360
Jan 20243,73510,29673.023.30$306,682
Dec 20235,14512,27871.262.61$398,687
Nov 20235,37312,76377.892.81$454,336
Oct 20233,5068,29685.443.09$325,165
Sep 20234,5409,70589.042.74$430,785
Aug 20233,1998,57480.522.67$280,501
Jul 20235,8538,38474.852.64$460,246
Jun 20237,6119,91068.962.26$547,236
May 20232,4283,12970.622.23$178,435

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                  975 bbl  × $106.41 =   $103,750
Casinghead gas     4,708 Mcf  × $  3.05 =    $14,340

────────────────────────────────────────────────────
Month total                                 $118,090

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/71314 is the state's own key, not one this site invented.