SPENCE, OLA EST. ET AL UNIT

Operated by REBEL PRODUCTION COMPANY (P-5 696251) in the GOOD SPRINGS, W. (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5500District 06Field 35806500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$113 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 20 leases and 31 wells, and the rule below applies to all of them.

Discovered
1970-02-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1992-09-28.

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: UNITS ADOPTED W/ 1500 FT. DIAGONAL.

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
OilDisposition252,688 bbl$10,546,399
Casinghead gasProduction21 Mcf$0
Total$10,546,399

21 Mcf of this lease's gas, across 21 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 (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 32.0672, -94.9624. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06716, -94.96243 · 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
3,825 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 3,825 ft.

Completions filed
Mar 1971
1 of 1 wells

1 well

42-4013006313,825 ftMar 1971

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 2026165098.932.87$16,323
Mar 2026161089.753.15$14,450
Feb 2026162063.503.75$10,287
Jan 2026160059.138.00$9,461
Dec 2025176056.664.41$9,972
Nov 2025169058.593.93$9,902
Oct 2025158059.383.30$9,382
Sep 20250062.743.08$0
Aug 2025174063.933.01$11,124
Jul 2025168066.743.32$11,212
Jun 2025159066.483.13$10,570
May 20250060.553.23$0
Apr 2025333062.363.54$20,766
Mar 2025155067.704.27$10,494
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024179068.993.12$12,349
Nov 20240069.052.20$0
Oct 2024164071.372.28$11,705
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024173079.932.15$13,828
Jun 2024165078.082.63$12,883
May 2024162078.812.20$12,767
Apr 2024167084.451.66$14,103
Mar 2024168080.301.55$13,490
Feb 2024168076.091.78$12,783
Jan 2024173073.023.30$12,632
Dec 2023175071.262.61$12,471
Nov 2023169077.892.81$13,163
Oct 2023167085.443.09$14,268
Sep 2023165089.042.74$14,692
Aug 2023168080.522.67$13,527
Jul 2023309074.852.64$23,129
Jun 2023180068.962.26$12,413
May 2023176070.622.23$12,429
Apr 2023495078.122.24$38,669
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022336076.415.73$25,674
Nov 2022312085.005.65$26,520
Oct 2022166087.185.86$14,472
Sep 2022336084.888.16$28,520
Aug 20220094.529.13$0
Jul 20223180101.587.54$32,302
Jun 202200115.097.98$0
May 20221590109.378.43$17,390
Apr 20223410104.226.84$35,539
Mar 202200108.885.08$0
Feb 2022329091.054.86$29,955
Jan 2022176081.844.54$14,404
Dec 2021330071.323.90$23,536
Nov 2021156077.435.24$12,079
Oct 2021333079.795.71$26,570
Sep 20210069.865.35$0
Aug 2021344066.024.22$22,711
Jul 2021346070.783.98$24,490
Jun 2021183069.493.38$12,717
May 2021337063.483.02$21,393
Apr 2021172060.362.76$10,382
Mar 2021353061.302.72$21,639
Feb 2021176057.805.55$10,173
Jan 2021170050.412.81$8,570
Dec 2020348044.642.68$15,535
Nov 2020180038.772.71$6,979
Oct 2020176036.972.48$6,507
Sep 2020333037.091.99$12,351
Aug 20200039.982.39$0
Jul 2020188038.371.83$7,214
Jun 2020158034.901.69$5,514
May 20200016.921.81$0
Apr 2020190014.751.80$2,803
Mar 2020147030.341.86$4,460
Feb 2020158049.881.98$7,881
Jan 2020477057.252.09$27,308
Dec 2019333059.012.30$19,650
Nov 2019318055.302.75$17,585
Oct 2019338053.472.42$18,073
Sep 2019172055.052.66$9,469
Aug 2019346053.112.30$18,376
Jul 2019185056.272.46$10,410
Jun 2019184052.782.49$9,712
May 2019183058.482.74$10,702
Apr 2019355062.632.75$22,234
Mar 2019365056.803.06$20,732
Feb 20190050.852.79$0
Jan 2019367046.033.23$16,893
Dec 2018178046.594.19$8,293
Nov 2018187052.934.24$9,898
Oct 2018180061.443.40$11,059
Sep 2018374059.543.11$22,268
Aug 2018180059.403.07$10,692
Jul 2018181065.142.93$11,790
Jun 2018337060.183.08$20,281
May 2018177065.382.90$11,572
Apr 2018358063.842.90$22,855
Mar 2018182061.222.79$11,142
Feb 20180061.782.77$0
Jan 2018361062.874.01$22,696
Dec 2017532057.272.92$30,468
Nov 2017373055.423.12$20,672
Oct 2017177049.292.98$8,724
Sep 2017326047.523.09$15,492
Aug 2017178045.373.00$8,076
Jul 2017178043.873.09$7,809
Jun 2017366042.493.09$15,551
May 2017361045.373.26$16,379
Apr 2017353047.933.21$16,919
Mar 2017360046.772.98$16,837
Feb 2017175050.452.95$8,829
Jan 2017352049.413.42$17,392
Dec 2016182048.763.72$8,874
Nov 2016166042.492.64$7,053
Oct 2016193046.193.09$8,915
Sep 2016353041.553.10$14,667
Aug 20160041.442.92$0
Jul 2016356041.622.92$14,817
Jun 2016174045.352.69$7,891
May 2016527042.521.99$22,408
Apr 2016359036.561.99$13,125
Mar 2016193033.011.79$6,371
Feb 2016359026.472.06$9,503
Jan 2016183027.352.36$5,005
Dec 2015363032.362.00$11,747
Nov 2015357038.792.17$13,848
Oct 2015462043.552.43$20,120
Sep 2015536042.992.76$23,043
Aug 2015349040.162.87$14,016
Jul 2015539048.152.95$25,953
Jun 2015369056.152.88$20,719
May 2015356055.212.96$19,655
Apr 2015538049.822.71$26,803
Mar 2015180042.892.93$7,720
Feb 2015176044.662.98$7,860
Jan 20150043.433.10$0
Dec 2014176054.693.59$9,625
Nov 2014163070.464.25$11,485
Oct 2014339078.303.90$26,544
Sep 2014190086.164.05$16,370
Aug 2014176089.394.04$15,733
Jul 2014367096.564.18$35,438
Jun 2014152098.164.74$14,920
May 2014178094.734.73$16,862
Apr 2014161095.944.81$15,446
Mar 2014341095.895.06$32,698
Feb 2014368097.406.19$35,843
Jan 2014353090.404.86$31,911
Dec 2013161091.824.35$14,783
Nov 2013182088.853.74$16,171
Oct 2013458097.423.78$44,618
Sep 20132330104.113.72$24,258
Aug 20134630104.253.52$48,268
Jul 20133480102.523.72$35,677
Jun 2013212094.403.93$20,013
May 2013125094.834.15$11,854
Apr 2013231093.964.28$21,705
Mar 2013425093.623.91$39,789
Feb 2013333091.233.42$30,380
Jan 2013455091.603.42$41,678
Dec 2012338086.773.42$29,328
Nov 2012442086.953.62$38,432
Oct 2012342089.383.40$30,568
Sep 2012335094.672.92$31,714
Aug 2012359092.662.91$33,265
Jul 2012488085.133.02$41,543
Jun 2012370079.822.52$29,533
May 2012466091.612.49$42,690
Apr 20124610101.652.00$46,861
Mar 20124870105.052.22$51,159
Feb 20123700101.102.57$37,407
Jan 2012480098.092.73$47,083
Dec 2011460096.873.24$44,560
Nov 2011379095.723.31$36,278
Oct 2011487084.983.65$41,385
Sep 2011350083.623.99$29,267
Aug 2011366083.404.15$30,524
Jul 2011382094.144.52$35,961
Jun 2011384092.904.64$35,674
May 2011489098.134.40$47,986
Apr 20116260105.964.33$66,331
Mar 2011499096.364.06$48,084
Feb 2011361085.644.18$30,916
Jan 2011664086.504.59$57,436
Dec 2010245085.734.35$21,004
Nov 2010443080.843.80$35,812
Oct 2010611078.103.51$47,719
Sep 2010266072.633.98$19,320
Aug 2010341073.684.42$25,125
Jul 2010622072.554.74$45,126
Jun 2010529070.364.91$37,220
May 2010582071.124.24$41,392
Apr 2010628081.694.12$51,301
Mar 2010647078.394.39$50,718
Feb 2010636073.585.44$46,797
Jan 2010377074.365.96$28,034
Dec 2009592071.445.48$42,292
Nov 2009478074.593.75$35,654
Oct 2009485072.544.11$35,182
Sep 2009633065.543.06$41,487
Aug 2009505067.423.22$34,047
Jul 2009621061.133.46$37,962
Jun 2009630066.163.90$41,681
May 2009481054.743.93$26,330
Apr 2009603046.773.59$28,202
Mar 2009706042.144.06$29,751
Feb 2009541032.814.63$17,750
Jan 2009764035.865.37$27,397
Dec 2008537037.105.98$19,923
Nov 2008642055.496.86$35,625
Oct 2008614075.246.92$46,197
Sep 20086390101.767.88$65,025
Aug 20088470114.228.48$96,744
Jul 20086800131.0811.39$89,134
Jun 20086000131.3313.03$78,798
May 20087070123.1711.57$87,081
Apr 20087380110.3110.45$81,409
Mar 20087590101.909.66$77,342
Feb 2008613092.538.77$56,721
Jan 2008607090.388.21$54,861
Dec 2007833088.337.30$73,579
Nov 2007856091.677.29$78,470
Oct 2007747082.856.92$61,889
Sep 2007867075.846.24$65,753
Aug 2007968069.066.39$66,850
Jul 2007830070.906.39$58,847
Jun 2007711062.007.55$44,082
May 2007870058.747.85$51,104
Apr 2007742059.617.81$44,231
Mar 2007948056.927.30$53,960
Feb 2007763055.108.22$42,041
Jan 2007978050.306.73$49,193
Dec 2006917056.656.92$51,948
Nov 2006926054.207.62$50,189
Oct 20061,144054.906.01$62,806
Sep 20061,106060.085.04$66,448
Aug 20061,197068.717.34$82,246
Jul 20061,232069.376.34$85,464
Jun 20061,227066.286.38$81,326
May 20061,428066.016.42$94,262
Apr 20061,430064.397.36$92,078
Mar 2006881056.707.08$49,953
Feb 2006746057.597.75$42,962
Jan 2006856060.598.93$51,865
Dec 20051,025054.9413.42$56,314
Nov 2005870054.6910.59$47,580
Oct 2005977058.3413.80$56,998
Sep 2005993061.4512.08$61,020
Aug 20051,057061.519.80$65,016
Jul 20051,074055.697.84$59,811
Jun 2005723052.337.38$37,835
May 20051,105045.226.65$49,968
Apr 2005993049.207.36$48,856
Mar 20051,087050.377.15$54,752
Feb 2005961045.226.31$43,456
Jan 20051,013043.166.32$43,721
Dec 20041,137039.866.75$45,321
Nov 20041,123045.286.33$50,849
Oct 20041,269049.706.52$63,069
Sep 20041,119043.245.28$48,386
Aug 20041,003042.375.55$42,497
Jul 20041,212038.286.08$46,395
Jun 20041,212036.106.43$43,753
May 20041,207037.486.49$45,238
Apr 20041,227034.475.86$42,295
Mar 20041,442034.365.53$49,547
Feb 20041,232032.455.51$39,978
Jan 20041,278032.036.30$40,934
Dec 20031,327030.266.30$40,155
Nov 20031,232028.804.60$35,482
Oct 20031,520028.174.76$42,818
Sep 20031,317026.314.75$34,650
Aug 20031,139029.765.13$33,897
Jul 20031,494029.415.17$43,939
Jun 20031,195028.565.98$34,129
May 20031,358026.595.97$36,109
Apr 20031,452026.675.41$38,725
Mar 20031,102031.146.10$34,316
Feb 20031,231033.487.93$41,214
Jan 20031,187030.315.58$35,978
Dec 20021,227026.914.85$33,019
Nov 20021,101024.664.14$27,151
Oct 20021,345026.464.23$35,589
Sep 20021,309027.443.64$35,919
Aug 20021,307025.963.16$33,930
Jul 20021,424024.583.06$35,002
Jun 20021,355023.733.34$32,154
May 20021,451024.663.58$35,782
Apr 20021,350023.653.51$31,928
Mar 20021,479022.003.10$32,538
Feb 20021,386018.222.38$25,253
Jan 20021,637017.172.38$28,107
Dec 20011,347016.932.36$22,805
Nov 20011,515018.072.41$27,376
Oct 20011,489019.782.53$29,452
Sep 20011,714024.262.25$41,582
Aug 20011,650024.873.05$41,036
Jul 20011,855023.933.20$44,390
Jun 20011,635024.563.82$40,156
May 20011,621025.524.31$41,368
Apr 20011,610024.685.34$39,735
Mar 20011,778024.545.38$43,632
Feb 20011,223027.755.77$33,938
Jan 20011,657027.478.40$45,518
Dec 20001,284026.889.12$34,514
Nov 20001,336032.215.66$43,033
Oct 20001,341031.235.15$41,879
Sep 20001,315031.875.19$41,909
Aug 20001,498029.644.54$44,401
Jul 20001,213028.534.09$34,607
Jun 20001,248029.304.40$36,566
May 20001,079027.263.68$29,414
Apr 20001,237024.513.12$30,319
Mar 20001,080028.422.86$30,694
Feb 20001,160027.622.73$32,039
Jan 20001,274025.272.48$32,194
Dec 19991,127024.282.42$27,364
Nov 19991,087023.192.43$25,208
Oct 19991,292020.982.80$27,106
Sep 1999996021.752.62$21,663
Aug 19991,298019.262.88$24,999
Jul 19991,056017.892.37$18,892
Jun 19991,295015.942.36$20,642
May 19991,199015.792.32$18,932
Apr 19991,257015.102.21$18,981
Mar 1999889012.471.84$11,086
Feb 19991,06809.981.82$10,659
Jan 19991,450010.381.90$15,051
Dec 199848309.201.77$4,444
Nov 1998814010.892.19$8,864
Oct 1998823012.421.97$10,222
Sep 1998920012.592.08$11,583
Aug 1998628011.301.91$7,096
Jul 1998742011.742.24$8,711
Jun 1998784011.242.24$8,812
May 1998772012.622.21$9,743
Apr 1998643013.042.51$8,385
Mar 1998966012.802.31$12,365
Feb 1998630013.952.30$8,789
Jan 1998815014.702.15$11,981
Dec 1997893016.322.41$14,574
Nov 1997697018.193.09$12,678
Oct 1997856019.253.15$16,478
Sep 1997884017.742.95$15,682
Aug 1997664017.862.55$11,859
Jul 1997878017.582.25$15,435
Jun 1997886017.242.26$15,275
May 19971,034018.972.31$19,615
Apr 1997820017.882.08$14,662
Mar 19971,102018.951.94$20,883
Feb 19971,049020.492.21$21,494
Jan 19971,293023.483.54$30,360
Dec 1996866023.32$20,195
Nov 19961,025021.97$22,519
Oct 19961,057023.31$24,639
Sep 1996861022.22$19,131
Aug 19961,184020.26$23,988
Jul 19961,046019.55$20,449
Jun 19961,176018.73$22,026
May 1996976019.43$18,964
Apr 19961,053021.51$22,650
Mar 19961,234019.38$23,915
Feb 1996974016.98$16,539
Jan 1996830017.07$14,168
Dec 1995932017.19$16,021
Nov 1995905016.00$14,480
Oct 1995560015.43$8,641
Sep 1995759016.18$12,281
Aug 1995776015.92$12,354
Jul 1995718015.24$10,942
Jun 1995691016.41$11,339
May 1995471017.56$8,271
Apr 1995538017.73$9,539
Mar 1995459016.44$7,546
Feb 1995471016.58$7,809
Jan 1995375015.92$5,970
Dec 1994461015.03$6,929
Nov 1994531015.90$8,443
Oct 1994487015.58$7,587
Sep 1994526115.29$8,043
Aug 1994804116.13$12,969
Jul 1994727117.56$12,766
Jun 1994723117.09$12,356
May 1994544115.88$8,639
Apr 1994617114.14$8,724
Mar 1994710112.46$8,847
Feb 1994407112.50$5,088
Jan 1994621112.66$7,862
Dec 1993659112.33$8,125
Nov 1993754114.49$10,925
Oct 1993629115.85$9,970
Sep 1993497115.03$7,470
Aug 1993570115.66$8,926
Jul 1993668115.46$10,327
Jun 1993571116.79$9,587
May 1993581117.68$10,272
Apr 1993680118.05$12,274
Mar 1993692118.14$12,553
Feb 1993603117.90$10,794
Jan 1993816116.93$13,815

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                  165 bbl  × $ 98.93 =    $16,323
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $16,323

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/5500 is the state's own key, not one this site invented.