HEALD

Name: HEALD lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 23494District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$684 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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.

Stream	Basis	Volume	Value
Oil	Disposition	23,333 bbl	$472,462
Casinghead gas	Production	112,968 Mcf	$211,697
Total			$684,159

52,895 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 (2)

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 32.0448, -101.8629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.04478, -101.86294 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

8,980 ft

2 wells filed one

Completion to plug

31.3 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 8,975 and 8,985 ft, median 8,980 ft, over the 2 wells that filed a depth.

Completions filed

Feb 1975 – Mar 1975

2 of 2 wells

Plug dates filed

Jun 2005 – Jul 2007

2 of 2 wells

Last completion to plug: a median of 31.3 years across the 2 wells that filed both dates, with the middle half between 30.8 years and 31.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32930333	2	8,985 ft	Mar 1975	Jul 2007	Yes
42-32930326	1	8,975 ft	Feb 1975	Jun 2005	Yes

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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	79	0	66.01	6.42	$5,215
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	1	57.59	7.75	$8
Jan 2006	0	1	60.59	8.93	$9
Dec 2005	0	1	54.94	13.42	$13
Nov 2005	0	1	54.69	10.59	$11
Oct 2005	0	1	58.34	13.80	$14
Sep 2005	0	1	61.45	12.08	$12
Aug 2005	0	1	61.51	9.80	$10
Jul 2005	0	1	55.69	7.84	$8
Jun 2005	2	15	52.33	7.38	$215
May 2005	1	120	45.22	6.65	$843
Apr 2005	3	251	49.20	7.36	$1,995
Mar 2005	164	294	50.37	7.15	$10,364
Feb 2005	0	256	45.22	6.31	$1,616
Jan 2005	1	128	43.16	6.32	$852
Dec 2004	0	273	39.86	6.75	$1,843
Nov 2004	0	234	45.28	6.33	$1,481
Oct 2004	138	318	49.70	6.52	$8,930
Sep 2004	180	359	43.24	5.28	$9,680
Aug 2004	0	214	42.37	5.55	$1,188
Jul 2004	0	352	38.28	6.08	$2,142
Jun 2004	0	355	36.10	6.43	$2,284
May 2004	161	469	37.48	6.49	$9,080
Apr 2004	0	546	34.47	5.86	$3,199
Mar 2004	184	369	34.36	5.53	$8,363
Feb 2004	0	289	32.45	5.51	$1,592
Jan 2004	0	345	32.03	6.30	$2,173
Dec 2003	119	360	30.26	6.30	$5,870
Nov 2003	185	349	28.80	4.60	$6,932
Oct 2003	0	342	28.17	4.76	$1,628
Sep 2003	0	344	26.31	4.75	$1,634
Aug 2003	178	334	29.76	5.13	$7,011
Jul 2003	0	387	29.41	5.17	$2,001
Jun 2003	0	397	28.56	5.98	$2,375
May 2003	169	416	26.59	5.97	$6,978
Apr 2003	0	404	26.67	5.41	$2,185
Mar 2003	0	392	31.14	6.10	$2,390
Feb 2003	139	357	33.48	7.93	$7,483
Jan 2003	0	273	30.31	5.58	$1,524
Dec 2002	172	365	26.91	4.85	$6,400
Nov 2002	0	371	24.66	4.14	$1,535
Oct 2002	162	412	26.46	4.23	$6,029
Sep 2002	0	415	27.44	3.64	$1,509
Aug 2002	0	423	25.96	3.16	$1,338
Jul 2002	167	427	24.58	3.06	$5,412
Jun 2002	0	442	23.73	3.34	$1,476
May 2002	168	213	24.66	3.58	$4,906
Apr 2002	0	363	23.65	3.51	$1,275
Mar 2002	0	389	22.00	3.10	$1,207
Feb 2002	179	338	18.22	2.38	$4,064
Jan 2002	0	373	17.17	2.38	$886
Dec 2001	157	520	16.93	2.36	$3,888
Nov 2001	0	353	18.07	2.41	$849
Oct 2001	178	220	19.78	2.53	$4,077
Sep 2001	180	531	24.26	2.25	$5,562
Aug 2001	162	694	24.87	3.05	$6,148
Jul 2001	179	737	23.93	3.20	$6,640
Jun 2001	151	765	24.56	3.82	$6,634
May 2001	180	793	25.52	4.31	$8,009
Apr 2001	182	715	24.68	5.34	$8,307
Mar 2001	323	689	24.54	5.38	$11,631
Feb 2001	179	626	27.75	5.77	$8,577
Jan 2001	183	684	27.47	8.40	$10,772
Dec 2000	192	662	26.88	9.12	$11,200
Nov 2000	180	703	32.21	5.66	$9,775
Oct 2000	188	760	31.23	5.15	$9,782
Sep 2000	305	748	31.87	5.19	$13,600
Aug 2000	175	784	29.64	4.54	$8,747
Jul 2000	178	742	28.53	4.09	$8,113
Jun 2000	160	429	29.30	4.40	$6,574
May 2000	311	783	27.26	3.68	$11,359
Apr 2000	180	440	24.51	3.12	$5,783
Mar 2000	183	595	28.42	2.86	$6,902
Feb 2000	185	588	27.62	2.73	$6,713
Jan 2000	184	729	25.27	2.48	$6,458
Dec 1999	172	773	24.28	2.42	$6,050
Nov 1999	164	646	23.19	2.43	$5,376
Oct 1999	180	727	20.98	2.80	$5,815
Sep 1999	161	749	21.75	2.62	$5,463
Aug 1999	183	753	19.26	2.88	$5,690
Jul 1999	179	936	17.89	2.37	$5,423
Jun 1999	364	783	15.94	2.36	$7,652
May 1999	180	706	15.79	2.32	$4,481
Apr 1999	158	716	15.10	2.21	$3,967
Mar 1999	180	640	12.47	1.84	$3,421
Feb 1999	188	777	9.98	1.82	$3,289
Jan 1999	183	956	10.38	1.90	$3,716
Dec 1998	368	806	9.20	1.77	$4,815
Nov 1998	0	782	10.89	2.19	$1,709
Oct 1998	367	1,009	12.42	1.97	$6,545
Sep 1998	0	949	12.59	2.08	$1,976
Aug 1998	360	1,137	11.30	1.91	$6,237
Jul 1998	0	1,049	11.74	2.24	$2,347
Jun 1998	367	1,020	11.24	2.24	$6,407
May 1998	0	1,072	12.62	2.21	$2,365
Apr 1998	363	944	13.04	2.51	$7,099
Mar 1998	0	858	12.80	2.31	$1,982
Feb 1998	341	738	13.95	2.30	$6,454
Jan 1998	0	936	14.70	2.15	$2,017
Dec 1997	344	928	16.32	2.41	$7,852
Nov 1997	174	896	18.19	3.09	$5,932
Oct 1997	0	959	19.25	3.15	$3,021
Sep 1997	341	801	17.74	2.95	$8,416
Aug 1997	0	774	17.86	2.55	$1,977
Jul 1997	175	853	17.58	2.25	$4,993
Jun 1997	329	721	17.24	2.26	$7,299
May 1997	176	887	18.97	2.31	$5,386
Apr 1997	173	679	17.88	2.08	$4,507
Mar 1997	183	989	18.95	1.94	$5,386
Feb 1997	182	886	20.49	2.21	$5,684
Jan 1997	274	867	23.48	3.54	$9,502
Dec 1996	178	1,037	23.32	—	$4,151
Nov 1996	176	968	21.97	—	$3,867
Oct 1996	180	1,147	23.31	—	$4,196
Sep 1996	181	1,097	22.22	—	$4,022
Aug 1996	179	1,303	20.26	—	$3,627
Jul 1996	353	1,133	19.55	—	$6,901
Jun 1996	0	1,138	18.73	—	$0
May 1996	348	1,115	19.43	—	$6,762
Apr 1996	181	1,028	21.51	—	$3,893
Mar 1996	175	961	19.38	—	$3,392
Feb 1996	182	1,072	16.98	—	$3,090
Jan 1996	184	905	17.07	—	$3,141
Dec 1995	180	1,002	17.19	—	$3,094
Nov 1995	179	1,013	16.00	—	$2,864
Oct 1995	181	1,302	15.43	—	$2,793
Sep 1995	181	1,153	16.18	—	$2,929
Aug 1995	183	1,216	15.92	—	$2,913
Jul 1995	181	1,234	15.24	—	$2,758
Jun 1995	180	1,130	16.41	—	$2,954
May 1995	3	861	17.56	—	$53
Apr 1995	176	1,146	17.73	—	$3,120
Mar 1995	368	1,145	16.44	—	$6,050
Feb 1995	0	932	16.58	—	$0
Jan 1995	367	1,141	15.92	—	$5,843
Dec 1994	184	1,133	15.03	—	$2,766
Nov 1994	181	1,126	15.90	—	$2,878
Oct 1994	178	1,219	15.58	—	$2,773
Sep 1994	179	1,199	15.29	—	$2,737
Aug 1994	181	1,259	16.13	—	$2,920
Jul 1994	183	857	17.56	—	$3,213
Jun 1994	360	1,081	17.09	—	$6,152
May 1994	181	1,151	15.88	—	$2,874
Apr 1994	178	1,104	14.14	—	$2,517
Mar 1994	180	1,109	12.46	—	$2,243
Feb 1994	181	985	12.50	—	$2,263
Jan 1994	360	1,076	12.66	—	$4,558
Dec 1993	179	1,062	12.33	—	$2,207
Nov 1993	178	1,014	14.49	—	$2,579
Oct 1993	177	1,108	15.85	—	$2,805
Sep 1993	185	1,108	15.03	—	$2,781
Aug 1993	172	1,150	15.66	—	$2,694
Jul 1993	175	1,227	15.46	—	$2,706
Jun 1993	347	1,189	16.79	—	$5,826
May 1993	173	1,184	17.68	—	$3,059
Apr 1993	185	1,128	18.05	—	$3,339
Mar 1993	180	1,148	18.14	—	$3,265
Feb 1993	174	967	17.90	—	$3,115
Jan 1993	351	1,132	16.93	—	$5,942

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 2006 — as filed, then multipliedworked

Oil                   79 bbl  × $ 66.01 =     $5,215
Casinghead gas         0 Mcf  × $  6.42 =         $0

────────────────────────────────────────────────────
Month total                                   $5,215

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/23494 is the state's own key, not one this site invented.