SUGG -A-

Operated by P1 ENERGY, LLC (P-5 631633) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 289458District 08Field 85280300CondensateGasSaveExport
Value, all time
$20 k
May 2020 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
73
no gaps in the span
Streams
2
condensate, 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
CondensateDisposition47 bbl$3,656
GasProduction4,319 Mcf$16,436
Total$20,092

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 31.5699, -101.1924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56994, -101.19243 · 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
8,060 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 8,060 ft.

Completions filed
Feb 2005
1 of 1 wells

1 well

42-4313194117028,060 ftFeb 2005

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 (73)

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

73 months

May 202600106.413.05$0
Apr 202604998.932.87$141
Mar 202604989.753.15$154
Feb 202604463.503.75$165
Jan 202604459.138.00$352
Dec 202504156.664.41$181
Nov 202503458.593.93$134
Oct 202503659.383.30$119
Sep 202503962.743.08$120
Aug 202504663.933.01$139
Jul 202504766.743.32$156
Jun 202504566.483.13$141
May 202505960.553.23$191
Apr 202503762.363.54$131
Mar 202505667.704.27$239
Feb 202504570.884.34$195
Jan 202504074.324.28$171
Dec 202403868.993.12$119
Nov 202403469.052.20$75
Oct 202402971.372.28$66
Sep 202402969.612.36$69
Aug 202403075.632.06$62
Jul 202403479.932.15$73
Jun 202403878.082.63$100
May 202444778.812.20$419
Apr 202444884.451.66$417
Mar 202405580.301.55$85
Feb 202444676.091.78$386
Jan 202444973.023.30$454
Dec 202344371.262.61$397
Nov 202344577.892.81$438
Oct 202304685.443.09$142
Sep 202384089.042.74$822
Aug 202304780.522.67$126
Jul 202385074.852.64$731
Jun 202346068.962.26$411
May 202305270.622.23$116
Apr 202305778.122.24$128
Mar 202316172.852.39$219
Feb 202324675.112.47$264
Jan 202303976.533.39$132
Dec 202204376.415.73$246
Nov 202204785.005.65$265
Oct 202205287.185.86$305
Sep 202205384.888.16$433
Aug 202206294.529.13$566
Jul 2022061101.587.54$460
Jun 2022068115.097.98$542
May 2022087109.378.43$734
Apr 2022091104.226.84$622
Mar 2022098108.885.08$497
Feb 202207991.054.86$384
Jan 202209681.844.54$436
Dec 202109171.323.90$355
Nov 202109077.435.24$471
Oct 202108179.795.71$463
Sep 202107569.865.35$401
Aug 202109866.024.22$414
Jul 202109370.783.98$370
Jun 202107669.493.38$257
May 202107863.483.02$235
Apr 202107160.362.76$196
Mar 202108861.302.72$239
Feb 202108657.805.55$477
Jan 202108650.412.81$242
Dec 202006844.642.68$182
Nov 202006138.772.71$165
Oct 202009736.972.48$240
Sep 2020010037.091.99$199
Aug 2020010339.982.39$246
Jul 2020010238.371.83$186
Jun 202009534.901.69$161
May 202006916.921.81$125

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
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   49 Mcf  × $  2.87 =       $141

────────────────────────────────────────────────────
Month total                                     $141

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. 08/G/289458 is the state's own key, not one this site invented.