Petrora

LEASES · O-10-7060 · OIL · DISTRICT 08

Texas Consolidated #1

Reporting

Ring Energy, Inc. · Crane County · University Waddell (Devonian) field

Texas Consolidated #1 is an RRC oil lease (O-10-7060) in Crane County operated by Ring Energy, Inc., with 28 wells completed on it.

It has reported 2.48M barrels of oil and 2.8M mcf of gas since January 1993, last reporting volume in April 2026 (statewide data runs through April 2026).

The last 12 reported months total 10.6K barrels of oil, down 47% on the year before; the lease peaked at 19.6K barrels in September 1993.

6 operators have filed production on it, most recently Ring Energy, Inc. since September 2022.

2.48M
bbl oil, all reported
2.8M
mcf gas incl. casinghead
10.6K
bbl oil, last 12 reported
-47%
vs the 12 before
28
wells completed on it
19.6K
peak month, bbl (Sep 1993)

PDQ LEASE REPORTS · FIRST JAN 1993 · LAST VOLUME APR 2026 · STATEWIDE DATA THROUGH APR 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

Last 12 months 10,596 · prior 12 19,832(-47%)

02K4K2017201820192020202120222023202420252026

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

Last 12 months 13,250 · prior 12 21,572(-39%)

02K4K2017201820192020202120222023202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps exponential curve fitted to the 59 reporting months of oil since the peak in Jun 2021. The dashed line below is that curve, drawn over the months it was fitted to and then 24 months past the last report; where it parts from the columns is where the model stops describing the lease. It describes the trend of past reports. It does not know about recompletions, shut-ins, or new wells, and it is shown only when the lease reported within the last year and the curve explains most of the history.

25%
first-year decline from the peak (nominal Di 28%)
0.0
b factor (exponential)
0.72
fit R²
35.2K
bbl remaining on the curve, to 1 per month

Oil, barrels reported months since the peak, with the fitted curve and its projection

Last 12 months 10,596 · prior 12 19,832(-47%)

02K4K2022202320242025202620272028

Fitted exponential curve from the Jun 2021 peak, dashed 24 months past the last report

Projected monthOct 2026Apr 2027Oct 2027Apr 2028
On the curve, bbl per month718624542471

Quoting a projected figure as if it were reported would be wrong; the reported figures are the ones in the charts and the table view. How production is reported →

Who reported it

Each run of months one operator filed the production report, oldest first.

  1. Pennzoil Petroleum CompanyJan 1993 → Jan 1995 · 25 mo
  2. Pennzoil Exploration & Prod. Co.Feb 1995 → Feb 1999 · 49 mo
  3. Pennzenergy Exp. & Prod., L.L.C.Mar 1999 → Mar 2000 · 13 mo
  4. Devon Energy Production Co, L.P.Apr 2000 → Dec 2018 · 225 mo
  5. Stronghold Energy II Oper, LLCJan 2019 → Aug 2022 · 44 mo
  6. Ring Energy, Inc.Sep 2022 → Jul 2026 · 47 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

28

wells completed on the lease

Shut IN
10
NO Type on File
8
Plugged
6
Producing
4

Operates them now

Ring Energy Inc.
20
Pennzoil Exploration & Prod. Co.
2
Chevron U. S. A. Inc.
2
Ring Energy, Inc.
2
Gulf Oil Corp.
1

Newest permits

All 28 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.

Developers: this page as JSON is GET /v1/data/leases/tx/o-10-7060, documented in the API reference.