PFLUGER -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 289908District 08Field 85280300CondensateGasSaveExport
Value, all time
$33 k
May 2020 – May 2026
Value, last 12 filed months
$3 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
CondensateDisposition38 bbl$3,588
GasProduction7,921 Mcf$29,738
Total$33,327

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 202608398.932.87$238
Mar 202608189.753.15$255
Feb 202607763.503.75$289
Jan 202607859.138.00$624
Dec 202508756.664.41$384
Nov 202508058.593.93$314
Oct 202507459.383.30$245
Sep 202506562.743.08$200
Aug 202507563.933.01$226
Jul 202507266.743.32$239
Jun 202507666.483.13$238
May 202509260.553.23$297
Apr 202507362.363.54$259
Mar 2025011567.704.27$491
Feb 202508970.884.34$386
Jan 202509774.324.28$415
Dec 2024010668.993.12$331
Nov 202409869.052.20$215
Oct 202409271.372.28$210
Sep 202409069.612.36$213
Aug 2024011175.632.06$229
Jul 2024011479.932.15$245
Jun 2024011378.082.63$298
May 2024011878.812.20$259
Apr 2024012384.451.66$204
Mar 202409980.301.55$153
Feb 202408076.091.78$143
Jan 2024010573.023.30$346
Dec 2023011071.262.61$287
Nov 2023011177.892.81$312
Oct 2023011585.443.09$355
Sep 2023012889.042.74$350
Aug 2023014780.522.67$393
Jul 2023015074.852.64$396
Jun 2023014968.962.26$337
May 2023015970.622.23$354
Apr 2023015378.122.24$342
Mar 2023016672.852.39$397
Feb 2023018075.112.47$444
Jan 2023022076.533.39$745
Dec 2022012676.415.73$722
Nov 2022010985.005.65$615
Oct 2022112187.185.86$797
Sep 2022013784.888.16$1,118
Aug 2022313794.529.13$1,534
Jul 20220128101.587.54$965
Jun 20220124115.097.98$989
May 20225109109.378.43$1,466
Apr 20220130104.226.84$889
Mar 202211157108.885.08$1,995
Feb 2022012891.054.86$622
Jan 20221812181.844.54$2,022
Dec 2021012371.323.90$480
Nov 2021011877.435.24$618
Oct 2021010479.795.71$594
Sep 2021010169.865.35$540
Aug 2021011866.024.22$498
Jul 2021011770.783.98$466
Jun 2021010069.493.38$338
May 2021010963.483.02$329
Apr 2021011460.362.76$314
Mar 2021012261.302.72$331
Feb 202109357.805.55$516
Jan 2021012150.412.81$340
Dec 202009344.642.68$249
Nov 202009438.772.71$254
Oct 2020010936.972.48$270
Sep 202009037.091.99$179
Aug 202008739.982.39$208
Jul 202008238.371.83$150
Jun 202007334.901.69$123
May 202007516.921.81$136

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                   83 Mcf  × $  2.87 =       $238

────────────────────────────────────────────────────
Month total                                     $238

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/289908 is the state's own key, not one this site invented.