SPENCER, D. D.

Operated by PETROLEUM RECOVERY SYSTEMS, L.C. (P-5 660795) in the SALT FLAT, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7016District 01Field 79912100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$830 k
Jan 1993 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
401
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 141 leases and 399 wells, and the rule below applies to all of them.

Discovered
1981-03-01
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2.06 acres.

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: 2.06 OP ACRES - 500' DIAG

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
OilDisposition18,906 bbl$814,513
Casinghead gasProduction11,638 Mcf$15,138
Total$829,652

6,308 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (5)

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 29.6936, -97.6649. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.69346, -97.66497 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
2,685 ft
5 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.
5100.0%

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

Between 2,600 and 2,692 ft, median 2,685 ft, over the 5 wells that filed a depth.

Completions filed
May 1981 – Jun 1985
5 of 5 wells

5 wells

42-0553388652,685 ftJun 1985
42-0553249232,600 ftMar 1982
42-0553252142,655 ftMar 1982
42-0553225922,692 ftSep 1981
42-0553191712,690 ftMay 1981

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202665089.753.15$5,834
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202576056.664.41$4,306
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202588062.363.54$5,488
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202559074.324.28$4,385
Dec 20240068.993.12$0
Nov 202453069.052.20$3,660
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202477075.632.06$5,824
Jul 20240079.932.15$0
Jun 202470078.082.63$5,466
May 20240078.812.20$0
Apr 202471084.451.66$5,996
Mar 20240080.301.55$0
Feb 202462076.091.78$4,718
Jan 202457073.023.30$4,162
Dec 202364071.262.61$4,561
Nov 202398077.892.81$7,633
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202369068.962.26$4,758
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202370072.852.39$5,100
Feb 202363075.112.47$4,732
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022560101.587.54$5,688
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202285091.054.86$7,739
Jan 20220081.844.54$0
Dec 2021117071.323.90$8,344
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202158069.493.38$4,030
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021105050.412.81$5,293
Dec 20200044.642.68$0
Nov 2020169038.772.71$6,552
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202075039.982.39$2,999
Jul 202029038.371.83$1,113
Jun 2020110034.901.69$3,839
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202058049.881.98$2,893
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201943055.302.75$2,378
Oct 20190053.472.42$0
Sep 201954055.052.66$2,973
Aug 201954053.112.30$2,868
Jul 201930056.272.46$1,688
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019103056.803.06$5,850
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018115059.543.11$6,847
Aug 20180059.403.07$0
Jul 201874065.142.93$4,820
Jun 201874060.183.08$4,453
May 20180065.382.90$0
Apr 2018114063.842.90$7,278
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201860062.874.01$3,772
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201741049.292.98$2,021
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201765045.373.26$2,949
Apr 20170047.933.21$0
Mar 201768046.772.98$3,180
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016115048.763.72$5,607
Nov 20160042.492.64$0
Oct 201681046.193.09$3,741
Sep 20160041.553.10$0
Aug 2016102041.442.92$4,227
Jul 20160041.622.92$0
Jun 201654045.352.69$2,449
May 20160042.521.99$0
Apr 201660036.561.99$2,194
Mar 20160033.011.79$0
Feb 201639026.472.06$1,032
Jan 201656027.352.36$1,532
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201551043.552.43$2,221
Sep 20150042.992.76$0
Aug 201562040.162.87$2,490
Jul 20150048.152.95$0
Jun 201530056.152.88$1,685
May 201599055.212.96$5,466
Apr 20150049.822.71$0
Mar 201563042.892.93$2,702
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201462054.693.59$3,391
Nov 20140070.464.25$0
Oct 201466078.303.90$5,168
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201475096.564.18$7,242
Jun 20140098.164.74$0
May 201469094.734.73$6,536
Apr 20140095.944.81$0
Mar 201482095.895.06$7,863
Feb 20140097.406.19$0
Jan 201470090.404.86$6,328
Dec 20130091.824.35$0
Nov 201377088.853.74$6,841
Oct 20130097.423.78$0
Sep 2013840104.113.72$8,745
Aug 201300104.253.52$0
Jul 2013570102.523.72$5,844
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201392093.623.91$8,613
Feb 20130091.233.42$0
Jan 201384091.603.42$7,694
Dec 20120086.773.42$0
Nov 201279086.953.62$6,869
Oct 20120089.383.40$0
Sep 201291094.672.92$8,615
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201271079.822.52$5,667
May 20120091.612.49$0
Apr 2012710101.652.00$7,217
Mar 201200105.052.22$0
Feb 2012460101.102.57$4,651
Jan 20120098.092.73$0
Dec 201197096.873.24$9,396
Nov 20110095.723.31$0
Oct 201169084.983.65$5,864
Sep 20110083.623.99$0
Aug 201177083.404.15$6,422
Jul 20110094.144.52$0
Jun 201182092.904.64$7,618
May 20110098.134.40$0
Apr 2011820105.964.33$8,689
Mar 20110096.364.06$0
Feb 2011115085.644.18$9,849
Jan 201170086.504.59$6,055
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201087078.103.51$6,795
Sep 20100072.633.98$0
Aug 201080073.684.42$5,894
Jul 20100072.554.74$0
Jun 201080070.364.91$5,629
May 20100071.124.24$0
Apr 2010105081.694.12$8,577
Mar 20100078.394.39$0
Feb 201075073.585.44$5,519
Jan 20100074.365.96$0
Dec 2009117071.445.48$8,358
Nov 200974074.593.75$5,520
Oct 20090072.544.11$0
Sep 2009127065.543.06$8,324
Aug 2009114067.423.22$7,686
Jul 2009123061.133.46$7,519
Jun 2009176066.163.90$11,644
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008105055.496.86$5,826
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081710114.228.48$19,532
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 2008740123.1711.57$9,115
Apr 200800110.3110.45$0
Mar 20081780101.909.66$18,138
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007158088.337.30$13,956
Nov 20070091.677.29$0
Oct 200771082.856.92$5,882
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007158070.906.39$11,202
Jun 20070062.007.55$0
May 2007183058.747.85$10,749
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006169060.085.04$10,154
Aug 20060068.717.34$0
Jul 2006169069.376.34$11,724
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006146056.707.08$8,278
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005156058.3413.80$9,101
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005178055.697.84$9,913
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005183049.207.36$9,004
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004177039.866.75$7,055
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004176042.375.55$7,457
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004180037.486.49$6,746
Apr 20040034.475.86$0
Mar 2004152034.365.53$5,223
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003161030.266.30$4,872
Nov 2003160028.804.60$4,608
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003171028.565.98$4,884
May 2003177026.595.97$4,706
Apr 2003168026.675.41$4,481
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002172025.963.16$4,465
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001161016.932.36$2,726
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001160024.262.25$3,882
Aug 20010024.873.05$0
Jul 20016012523.933.20$1,835
Jun 2001012424.563.82$474
May 200110612625.524.31$3,248
Apr 2001017124.685.34$912
Mar 20019110824.545.38$2,814
Feb 2001543927.755.77$1,723
Jan 2001282827.478.40$1,004
Dec 2000331526.889.12$1,024
Nov 200037932.215.66$1,243
Oct 2000532731.235.15$1,794
Sep 2000725031.875.19$2,554
Aug 2000749029.644.54$2,602
Jul 2000594828.534.09$1,880
Jun 200007529.304.40$330
May 2000397827.263.68$1,350
Apr 20001066024.513.12$2,785
Mar 200002228.422.86$63
Feb 20005310327.622.73$1,745
Jan 2000635825.272.48$1,736
Dec 1999392724.282.42$1,012
Nov 1999729123.192.43$1,891
Oct 1999436020.982.80$1,070
Sep 1999434621.752.62$1,056
Aug 19995010019.262.88$1,251
Jul 19994510317.892.37$1,049
Jun 19995012215.942.36$1,085
May 19995914115.792.32$1,259
Apr 19994915015.102.21$1,071
Mar 19995312612.471.84$893
Feb 199956889.981.82$719
Jan 19996116210.381.90$941
Dec 199846929.201.77$586
Nov 19984412710.892.19$757
Oct 1998548312.421.97$834
Sep 1998758012.592.08$1,111
Aug 19986310111.301.91$905
Jul 19985513111.742.24$939
Jun 1998548511.242.24$797
May 19986115312.622.21$1,107
Apr 19985812013.042.51$1,057
Mar 19986911012.802.31$1,137
Feb 19987212513.952.30$1,292
Jan 19988313014.702.15$1,500
Dec 1997798216.322.41$1,487
Nov 19971198918.193.09$2,439
Oct 19975014019.253.15$1,403
Sep 19975510317.742.95$1,280
Aug 1997797917.862.55$1,613
Jul 19977712017.582.25$1,623
Jun 1997779917.242.26$1,551
May 19978214018.972.31$1,879
Apr 19978520217.882.08$1,941
Mar 19979015018.951.94$1,996
Feb 1997786720.492.21$1,746
Jan 19976315023.483.54$2,010
Dec 19969015423.32$2,099
Nov 19967810821.97$1,714
Oct 19968111023.31$1,888
Sep 19968113722.22$1,800
Aug 19968513420.26$1,722
Jul 19969011819.55$1,760
Jun 19968711118.73$1,630
May 19968115119.43$1,574
Apr 19969612821.51$2,065
Mar 1996909919.38$1,744
Feb 19969317716.98$1,579
Jan 19969113517.07$1,553
Dec 19959616517.19$1,650
Nov 1995946916.00$1,504
Oct 1995928615.43$1,420
Sep 19959110216.18$1,472
Aug 19959611415.92$1,528
Jul 19959512015.24$1,448
Jun 199510011416.41$1,641
May 19958911317.56$1,563
Apr 199510014617.73$1,773
Mar 199510811416.44$1,776
Feb 19959710516.58$1,608
Jan 19951078615.92$1,703
Dec 19941087115.03$1,623
Nov 19941069415.90$1,685
Oct 199410311715.58$1,605
Sep 19941118715.29$1,697
Aug 19949611616.13$1,548
Jul 199411215617.56$1,967
Jun 199411112917.09$1,897
May 199411513915.88$1,826
Apr 199412311614.14$1,739
Mar 199412012912.46$1,495
Feb 199410811112.50$1,350
Jan 199412111112.66$1,532
Dec 199312115112.33$1,492
Nov 199313416114.49$1,942
Oct 199311515015.85$1,823
Sep 199311219415.03$1,683
Aug 199314814815.66$2,318
Jul 199311322615.46$1,747
Jun 199312420516.79$2,082
May 199324315317.68$4,296
Apr 1993015918.05$0
Mar 199313313918.14$2,413
Feb 199312317317.90$2,202
Jan 199313117716.93$2,218

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.

Mar 2026 — as filed, then multipliedworked
Oil                   65 bbl  × $ 89.75 =     $5,834
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $5,834

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. 01/O/7016 is the state's own key, not one this site invented.