JACKSON

Operated by PED OIL CORPORATION (P-5 649480) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21754District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$176 k
Jan 1993 – Jul 1998
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
67
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 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
OilDisposition9,751 bbl$167,212
Casinghead gasProduction29,143 Mcf$8,607
Total$175,819

25,778 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 (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 32.0717, -101.9503. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07169, -101.95027 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,450 ft
1 wells filed one
Completion to plug
27.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,450 ft.

Completions filed
Oct 1970
1 of 1 wells
Plug dates filed
May 1998
1 of 1 wells

Last completion to plug: a median of 27.6 years across the 1 well that filed both dates, with the middle half between 27.6 years and 27.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32930050110,450 ftOct 1970May 1998Yes

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 (67)

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

67 months

Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 199846012.622.21$581
Apr 19980113.042.51$3
Mar 199853112.802.31$681
Feb 19981413.952.30$23
Jan 199822114.702.15$326
Dec 19970116.322.41$2
Nov 19978914118.193.09$2,054
Oct 199727038919.253.15$6,423
Sep 199717616817.742.95$3,619
Aug 1997728317.862.55$848
Jul 199714926817.582.25$3,222
Jun 199716126717.242.26$3,378
May 199717132518.972.31$3,994
Apr 199715733817.882.08$3,511
Mar 199730539018.951.94$6,536
Feb 199718637220.492.21$4,632
Jan 1997141623.483.54$1,496
Dec 199618338723.32$4,268
Nov 199618337321.97$4,021
Oct 19969938123.31$2,308
Sep 199614539622.22$3,222
Aug 199616641620.26$3,363
Jul 199613542819.55$2,639
Jun 199616237018.73$3,034
May 199617132619.43$3,323
Apr 199614125521.51$3,033
Mar 199617135119.38$3,314
Feb 199617832816.98$3,022
Jan 199618350817.07$3,124
Dec 19959448017.19$1,616
Nov 199517750316.00$2,832
Oct 199533480715.43$5,154
Sep 1995050616.18$0
Aug 199531023215.92$4,935
Jul 1995036315.24$0
Jun 199525839416.41$4,234
May 1995051317.56$0
Apr 199546144117.73$8,174
Mar 1995043516.44$0
Feb 199540840416.58$6,765
Jan 1995044215.92$0
Dec 1994048315.03$0
Nov 199446066215.90$7,314
Oct 1994060015.58$0
Sep 1994254415.29$31
Aug 199443655216.13$7,033
Jul 1994038917.56$0
Jun 1994046917.09$0
May 199444751615.88$7,098
Apr 1994046814.14$0
Mar 199444146412.46$5,495
Feb 1994039712.50$0
Jan 1994056212.66$0
Dec 19934013,20112.33$4,944
Nov 1993054714.49$0
Oct 1993059315.85$0
Sep 199346355215.03$6,959
Aug 1993059915.66$0
Jul 1993058915.46$0
Jun 199345052116.79$7,556
May 1993065117.68$0
Apr 199342959618.05$7,743
Mar 1993060718.14$0
Feb 1993055917.90$0
Jan 199346961816.93$7,940

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.

May 1998 — as filed, then multipliedworked
Oil                   46 bbl  × $ 12.62 =       $581
Casinghead gas         0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                     $581

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/O/21754 is the state's own key, not one this site invented.