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Texas gas well

Producing

STATE RAY 12

State Ray 12 is a gas well in Culberson County, Texas, operated by Capitan Energy, Incorporated in the Ford, West (Wolfcamp) field.

1 well

112,897mcf gas, last 12 months+24% vs prior year
Operator
Capitan Energy, Incorporated
County
Culberson County
Field
Ford, West (Wolfcamp)
RRC lease
08-286245

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Where it sits

This county

Culberson CountyCulbersonCulberson County
Culberson County
Oil, last 12 months
3,841 bbl
Gas in Jul 2026
8,009 mcf

Checks stopped on this lease?

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Jul 23, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output rose 24% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 24% over the last 12 monthsMonthly gas production and oil for STATE RAY 12, Aug 2023 to Jul 2026. Gas output rose 24% over the last 12 months. 112,897 mcf in the 12 months through Jul 2026, against 90,966 mcf in the 12 months before.Last 12 months: 112,897 mcfmcf per monthbbl per month0010k25020k50030k75040k1,00050k1,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 24% over the last 12 monthsMonthly gas production and oil for STATE RAY 12, Aug 2023 to Jul 2026. Gas output rose 24% over the last 12 months. 112,897 mcf in the 12 months through Jul 2026, against 90,966 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010k25020k50030k75040k1,00050k1,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2025 the lease's gas goes to a transmission line instead of other uses

Flaring peaked at 77.8% of the gas in May 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Other (5 to 8)
  • Flared (4)
Since Dec 2025 the lease's gas goes to a transmission line instead of other usesShare of STATE RAY 12 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of other uses. Flaring peaked at 77.8% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2025: other to lineFlared 77.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2025 the lease's gas goes to a transmission line instead of other usesShare of STATE RAY 12 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of other uses. Flaring peaked at 77.8% of the gas in May 2026.Share of gas by disposition code0%50%100%Dec 25: other to lineFlared 77.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    58% · 65,816 mcf

  • Other (5 to 8)

    19% · 21,298 mcf

  • Flared (4)

    14% · 15,391 mcf

  • Processing plant (3)

    5.1% · 5,811 mcf

  • Lease fuel (1)

    4.1% · 4,581 mcf

13.6% of the gas flared in the last 12 months. 7 months above 3%.

1 well on this lease

Wells on STATE RAY 12
API numberWell no.Status
42-109-330451HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Pinnacle Midstream, LLCCondensateGathers100Jul 10, 2017–
Delaware Basin Midstream, LLCGas-well gasBuys50Feb 1, 2019–
Pinnacle Midstream, LLCGas-well gasBuys50Feb 1, 2019–
Delaware Basin Midstream, LLCGas-well gasGathers50Jul 10, 2017–
Pinnacle Midstream, LLCGas-well gasGathers50Jul 10, 2017–
Conocophillips CompanyGas-well gasBuys100Jul 10, 2017Feb 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

320 acres on the newest permit

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Permits for State Ray 12
API numberWell no.Acreson the permit
42-109-330451H320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for STATE RAY 12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263733648,0097,1270$80.46$2.89
Jun 20263703967,9141,8614,271$84.81$3.15
May 20264464548,4495616,571$102.13$2.94
Apr 20263833838,5495,8111,489$100.32$2.77
Mar 20264854718,9788,5280$91.38$3.04
Feb 20262832768,7497,81927$64.51$3.62
Jan 202632828213,39911,2701,320$60.04$7.72
Dec 202539036610,3138,94464$57.97$4.26
Nov 202547157,0241,74979$60.06$3.79
Oct 202555658,8223,6881,442$60.89$3.19
Sep 20251741859,0565,13156$63.96$2.97
Aug 202550756613,6359,13872$64.86$2.91
Jul 202528924211,6446,243202$68.39$3.20
Jun 20251374912,4764,4651,721$68.17$3.02
May 20250922,2461,39391$62.17$3.12
Apr 2025094500$63.54$3.42
Mar 20251021205,7603,8940$68.24$4.12
Feb 20253872387,8336,9610$71.53$4.19
Jan 202538336110,2309,5750$75.74$4.13
Dec 202442845911,68711,0039$70.12$3.01
Nov 20243913309,8389,1880$69.95$2.12
Oct 20242632699,7539,0530$71.99$2.20
Sep 20243553858,8768,1690$70.24$2.28
Aug 202437431757800$76.68$1.99
Jul 202435133467900$81.80$2.07
Jun 202423720662200$79.77$2.54
May 2024716429,73817,2000$80.02$2.12
Apr 20244524475,9935,1030$85.35$1.60
Mar 202456656613,00910,5550$81.28$1.49
Feb 202450751712,3989,9570$77.25$1.72
Jan 202448747711,1099,2980$74.15$3.18
Dec 202323981712,70810,6010$71.90$2.52
Nov 202360049811,1074350$77.69$2.71
Oct 202361859023,2517,5850$85.64$2.98
Sep 202343153513,70910,9400$89.43$2.64
Aug 20231,05379521,74416,8290$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorCapitan Energy, IncorporatedFieldFord, West (Wolfcamp)CountyCulberson County

Capitan Energy, Incorporated in Culberson County

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Ford, West (Wolfcamp) field

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