SOONER 662 B
SOONER 662 B is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Ring Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2022 to August 2026, totalling 208,385 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $7.1M, with roughly $2.1M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,219 barrels a month. Its strongest month on the record we hold was August 2022, at 14,124 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SOONER 662 B
- Who operates SOONER 662 B?
- SOONER 662 B is operated by Ring Energy, Inc., Railroad Commission of Texas operator number 712382.
- Where is SOONER 662 B?
- SOONER 662 B is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71259.
- Is SOONER 662 B still producing?
- SOONER 662 B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOONER 662 B is August 2026.
- How much has SOONER 662 B produced?
- SOONER 662 B has reported 208,385 barrels of oil (bbl) to the Railroad Commission of Texas between July 2022 and August 2026, from 1 wellbore.
- How much is SOONER 662 B worth?
- The remaining production from SOONER 662 B is estimated to be worth about $7.1M in total as of 27 August 2026, within a range of $5.9M to $8.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOONER 662 B is a fraction of it. The estimate fits an Arps decline curve to the production SOONER 662 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOONER 662 B is an estimate of value, not an offer and not an appraisal.
- How much income does SOONER 662 B generate in a year?
- SOONER 662 B is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOONER 662 B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ring Energy, Inc. |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 71259 |
| Wellbores | 1 |
| Reported production | 208,385 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.1M |
Where SOONER 662 B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.