SPENCER

Operated by COUCH, GILBERT (P-5 182140) in the CARTHAGE (BURNETT SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14214District 06Field 16032116OilCasinghead gasSaveExport
Value, all time
$2.5 M
Oct 2002 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
284
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 28 leases and 40 wells, and the rule below applies to all of them.

Discovered
1955-06-09
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 8000/1 NET GOR FOR GAS DIVERTED TO LEGAL USE

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
OilDisposition26,479 bbl$1,653,523
Casinghead gasProduction176,907 Mcf$891,392
Total$2,544,915

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 32.3537, -94.3097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35365, -94.30971 · 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
6,500 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 6,500 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-2033274216,500 ftMar 2003

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 (284)

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

284 months

May 202600106.413.05$0
Apr 2026169098.932.87$16,719
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025172058.593.93$10,077
Oct 2025166059.383.30$9,857
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 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024175069.612.36$12,182
Aug 2024155075.632.06$11,723
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024173084.451.66$14,610
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023170089.042.74$15,137
Aug 2023175080.522.67$14,091
Jul 20230074.852.64$0
Jun 2023162068.962.26$11,172
May 2023162070.622.23$11,440
Apr 20230078.122.24$0
Mar 2023341072.852.39$24,842
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022168076.415.73$12,837
Nov 2022173085.005.65$14,705
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221470115.097.98$16,918
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221610108.885.08$17,530
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021169071.323.90$12,053
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021170070.783.98$12,033
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021165060.362.76$9,959
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020164044.642.68$7,321
Nov 2020160038.772.71$6,203
Oct 20200036.972.48$0
Sep 2020160037.091.99$5,934
Aug 20200039.982.39$0
Jul 2020174038.371.83$6,676
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019167059.012.30$9,855
Nov 2019031055.302.75$853
Oct 201916748753.472.42$10,107
Sep 2019046855.052.66$1,244
Aug 201916343053.112.30$9,648
Jul 201904056.272.46$98
Jun 201915660552.782.49$9,741
May 201930345358.482.74$18,961
Apr 201905062.632.75$138
Mar 2019156056.803.06$8,861
Feb 20190050.852.79$0
Jan 2019020146.033.23$649
Dec 2018056546.594.19$2,365
Nov 2018028052.934.24$1,186
Oct 201815452061.443.40$11,229
Sep 2018060759.543.11$1,887
Aug 201815764159.403.07$11,291
Jul 201816834365.142.93$11,949
Jun 2018035060.183.08$1,077
May 2018045165.382.90$1,308
Apr 201817167363.842.90$12,869
Mar 201815962161.222.79$11,465
Feb 2018059861.782.77$1,654
Jan 201816556362.874.01$12,631
Dec 2017057557.272.92$1,680
Nov 201715674055.423.12$10,953
Oct 2017038549.292.98$1,149
Sep 201716386047.523.09$10,401
Aug 2017085045.373.00$2,554
Jul 201715698043.873.09$9,869
Jun 201715179042.493.09$8,855
May 2017099845.373.26$3,257
Apr 20171611,04347.933.21$11,066
Mar 201701,36146.772.98$4,061
Feb 20171691,22250.452.95$12,134
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016156046.193.09$7,206
Sep 20160041.553.10$0
Aug 20161712241.442.92$7,151
Jul 2016086641.622.92$2,532
Jun 20161531,14845.352.69$10,022
May 20161571,00142.521.99$8,669
Apr 201616999836.561.99$8,166
Mar 20161561,20133.011.79$7,304
Feb 20161671,29626.472.06$7,095
Jan 20161651,65027.352.36$8,414
Dec 20151531,38032.362.00$7,713
Nov 2015026938.792.17$583
Oct 201501143.552.43$27
Sep 20151722542.992.76$7,463
Aug 201501040.162.87$29
Jul 2015021048.152.95$618
Jun 201517228456.152.88$10,477
May 2015018255.212.96$538
Apr 2015022549.822.71$609
Mar 2015035542.892.93$1,042
Feb 201516224344.662.98$7,958
Jan 2015036643.433.10$1,135
Dec 2014035554.693.59$1,275
Nov 2014029570.464.25$1,254
Oct 2014025778.303.90$1,003
Sep 201416139786.164.05$15,478
Aug 201416459589.394.04$17,061
Jul 2014067696.564.18$2,825
Jun 201415863498.164.74$18,512
May 201416670294.734.73$19,043
Apr 2014067295.944.81$3,232
Mar 201416767295.895.06$19,412
Feb 201416661497.406.19$19,970
Jan 201416261390.404.86$17,624
Dec 2013037691.824.35$1,637
Nov 201307288.853.74$269
Oct 201304597.423.78$170
Sep 20130398104.113.72$1,480
Aug 2013171537104.253.52$19,718
Jul 2013174533102.523.72$19,820
Jun 2013062994.403.93$2,474
May 201317456694.834.15$18,849
Apr 2013057993.964.28$2,480
Mar 201316867993.623.91$18,385
Feb 201316851091.233.42$17,071
Jan 2013054391.603.42$1,857
Dec 2012052186.773.42$1,782
Nov 201216368486.953.62$16,652
Oct 201201,35089.383.40$4,590
Sep 201217769394.672.92$18,779
Aug 201217621792.662.91$16,939
Jul 2012045585.133.02$1,374
Jun 2012050179.822.52$1,262
May 201233959291.612.49$32,529
Apr 20120524101.652.00$1,046
Mar 20120580105.052.22$1,289
Feb 2012180564101.102.57$19,648
Jan 2012067498.092.73$1,843
Dec 201116975796.873.24$18,824
Nov 2011084395.723.31$2,791
Oct 20110084.983.65$0
Sep 201116149883.623.99$15,448
Aug 2011049483.404.15$2,050
Jul 2011069694.144.52$3,144
Jun 201117271792.904.64$19,306
May 2011071798.134.40$3,158
Apr 2011174356105.964.33$19,980
Mar 201115551896.364.06$17,038
Feb 2011045185.644.18$1,885
Jan 201117135186.504.59$16,402
Dec 2010052285.734.35$2,270
Nov 201018138880.843.80$16,105
Oct 2010055478.103.51$1,944
Sep 201017453972.633.98$14,783
Aug 201017469273.684.42$15,879
Jul 2010040772.554.74$1,928
Jun 201017757570.364.91$15,277
May 201015780471.124.24$14,571
Apr 201018185181.694.12$18,294
Mar 201017991778.394.39$18,056
Feb 2010026273.585.44$1,426
Jan 2010039474.365.96$2,350
Dec 200917563071.445.48$15,957
Nov 200917992874.593.75$16,833
Oct 200917854572.544.11$15,152
Sep 200901,05165.543.06$3,221
Aug 200917821967.423.22$12,706
Jul 200917383861.133.46$13,479
Jun 2009045266.163.90$1,761
May 200917491054.743.93$13,097
Apr 200917759346.773.59$10,406
Mar 200917792242.144.06$11,201
Feb 2009028532.814.63$1,320
Jan 200916462235.865.37$9,222
Dec 200834774937.105.98$17,351
Nov 2008081655.496.86$5,598
Oct 20081781,00375.246.92$20,335
Sep 2008181205101.767.88$20,033
Aug 20080433114.228.48$3,673
Jul 2008174476131.0811.39$28,229
Jun 2008176438131.3313.03$28,822
May 20080264123.1711.57$3,056
Apr 20080209110.3110.45$2,185
Mar 200817482101.909.66$18,523
Feb 2008010092.538.77$877
Jan 2008033390.388.21$2,733
Dec 200715865588.337.30$18,739
Nov 20071781,04191.677.29$23,908
Oct 200715993082.856.92$19,611
Sep 200715391575.846.24$17,317
Aug 20073481,12669.066.39$31,226
Jul 2007046570.906.39$2,970
Jun 200717760862.007.55$15,563
May 2007030558.747.85$2,393
Apr 200714853159.617.81$12,967
Mar 200733678956.927.30$24,886
Feb 200716930555.108.22$11,818
Jan 200701,07850.306.73$7,252
Dec 200616838456.656.92$12,174
Nov 200617045154.207.62$12,649
Oct 2006050454.906.01$3,031
Sep 200616875960.085.04$13,917
Aug 2006061968.717.34$4,543
Jul 200617564969.376.34$16,256
Jun 200617787866.286.38$17,337
May 2006062066.016.42$3,984
Apr 200615852064.397.36$14,001
Mar 20061721,07256.707.08$17,345
Feb 200633968857.597.75$24,856
Jan 200601,37460.598.93$12,274
Dec 20051711,09554.9413.42$24,085
Nov 2005161054.6910.59$8,805
Oct 200516157058.3413.80$17,256
Sep 200518296061.4512.08$22,780
Aug 20051671,14161.519.80$21,450
Jul 200501,61655.697.84$12,675
Jun 20051601,32452.337.38$18,145
May 20051761,77545.226.65$19,765
Apr 20051811,61349.207.36$20,778
Mar 200534062050.377.15$21,562
Feb 20051711,84145.226.31$19,353
Jan 200516885443.166.32$12,650
Dec 200418690039.866.75$13,490
Nov 200401,38045.286.33$8,736
Oct 2004056849.706.52$3,701
Sep 20041662,15843.245.28$18,581
Aug 2004177042.375.55$7,499
Jul 20041611,16438.286.08$13,245
Jun 200401,27036.106.43$8,170
May 20043412,08137.486.49$26,296
Apr 200402,10134.475.86$12,309
Mar 20043402,18934.365.53$23,788
Feb 200401,77032.455.51$9,752
Jan 20041782,68932.036.30$22,641
Dec 200302,78730.266.30$17,563
Nov 20033423,03028.804.60$23,773
Oct 200302,80028.174.76$13,327
Sep 200303,00026.314.75$14,248
Aug 20033353,02829.765.13$25,502
Jul 20030029.415.17$0
Jun 20033384,18228.565.98$34,674
May 20037025,15126.595.97$49,431
Apr 200303,25726.675.41$17,612
Mar 20038059631.146.10$6,124
Feb 2003098633.487.93$7,815
Jan 20035091,32730.315.58$22,835
Dec 20023433,71626.914.85$27,267
Nov 2002014,04024.664.14$58,083
Oct 200203,55026.464.23$15,013

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.

Apr 2026 — as filed, then multipliedworked
Oil                  169 bbl  × $ 98.93 =    $16,719
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $16,719

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. 06/O/14214 is the state's own key, not one this site invented.