RICHARDS -G-

Operated by MOMENTUM ENERGY, LLC (P-5 574323) 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 26669District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$313 k
Jan 1993 – Mar 2003
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
123
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition13,298 bbl$251,801
Casinghead gasProduction36,915 Mcf$61,295
Total$313,096

16,857 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 32.2055, -101.7961. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20550, -101.79609 · 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
8,775 ft
1 wells filed one
Completion to plug
21.7 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 8,775 ft.

Completions filed
Jul 1981
1 of 1 wells
Plug dates filed
Mar 2003
1 of 1 wells

Last completion to plug: a median of 21.7 years across the 1 well that filed both dates, with the middle half between 21.7 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3173233418,775 ftJul 1981Mar 2003Yes

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 (123)

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

123 months

Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200301530.315.58$84
Dec 200202126.914.85$102
Nov 200218913924.664.14$5,236
Oct 2002026326.464.23$1,112
Sep 200221225727.443.64$6,752
Aug 2002226125.963.16$878
Jul 200213325724.583.06$4,056
Jun 2002022623.733.34$754
May 200222522824.663.58$6,366
Apr 2002024723.653.51$868
Mar 200223124622.003.10$5,845
Feb 2002023518.222.38$558
Jan 200219626017.172.38$3,983
Dec 2001026416.932.36$624
Nov 200118925718.072.41$4,033
Oct 2001026119.782.53$660
Sep 200117324824.262.25$4,755
Aug 2001025024.873.05$763
Jul 200120421923.933.20$5,582
Jun 2001024724.563.82$945
May 200118825325.524.31$5,888
Apr 2001026824.685.34$1,430
Mar 200117827624.545.38$5,852
Feb 2001023927.755.77$1,378
Jan 200121327527.478.40$8,161
Dec 2000027026.889.12$2,463
Nov 200021726232.215.66$8,472
Oct 2000027031.235.15$1,389
Sep 200021725231.875.19$8,223
Aug 2000023429.644.54$1,063
Jul 200019619328.534.09$6,381
Jun 2000021529.304.40$945
May 200013823627.263.68$4,630
Apr 200019825124.513.12$5,635
Mar 2000025928.422.86$741
Feb 200017725227.622.73$5,576
Jan 2000026425.272.48$655
Dec 199914425024.282.42$4,102
Nov 199916427623.192.43$4,475
Oct 1999028120.982.80$788
Sep 199916926721.752.62$4,375
Aug 199917527619.262.88$4,164
Jul 1999032117.892.37$762
Jun 199922431815.942.36$4,322
May 1999033715.792.32$782
Apr 199920633615.102.21$3,853
Mar 1999134312.471.84$643
Feb 19991483139.981.82$2,046
Jan 199925234410.381.90$3,269
Dec 199823199.201.77$584
Nov 1998329910.892.19$686
Oct 199822329112.421.97$3,343
Sep 1998130312.592.08$644
Aug 199819833111.301.91$2,869
Jul 1998033711.742.24$754
Jun 199825533311.242.24$3,611
May 1998135312.622.21$791
Apr 199824034513.042.51$3,994
Mar 1998235412.802.31$843
Feb 199821332713.952.30$3,723
Jan 1998135114.702.15$771
Dec 199720533916.322.41$4,163
Nov 1997234818.193.09$1,111
Oct 199714735419.253.15$3,945
Sep 199716134917.742.95$3,887
Aug 1997136417.862.55$948
Jul 199718839117.582.25$4,184
Jun 199723927817.242.26$4,748
May 1997315418.972.31$412
Apr 1997122717.882.08$491
Mar 199716134518.951.94$3,720
Feb 199716831720.492.21$4,142
Jan 1997431723.483.54$1,216
Dec 199627031423.32$6,296
Nov 1996235721.97$44
Oct 199625936823.31$6,037
Sep 1996135522.22$22
Aug 199621237020.26$4,295
Jul 1996135919.55$20
Jun 199613035518.73$2,435
May 199614537119.43$2,817
Apr 199615636521.51$3,356
Mar 199625436819.38$4,923
Feb 1996034916.98$0
Jan 1996035517.07$0
Dec 199520933717.19$3,593
Nov 1995137516.00$16
Oct 199518836715.43$2,901
Sep 199521437116.18$3,463
Aug 1995138015.92$16
Jul 199526438615.24$4,023
Jun 1995036316.41$0
May 199514238617.56$2,494
Apr 199524337717.73$4,308
Mar 1995137616.44$16
Feb 199526733916.58$4,427
Jan 1995037715.92$0
Dec 199426438415.03$3,968
Nov 1994137315.90$16
Oct 199425338315.58$3,942
Sep 1994037715.29$0
Aug 199425632016.13$4,129
Jul 199408417.56$0
Jun 1994116317.09$17
May 199426331715.88$4,176
Apr 1994037914.14$0
Mar 199425432712.46$3,165
Feb 1994030012.50$0
Jan 199418834412.66$2,380
Dec 199324235512.33$2,984
Nov 1993037014.49$0
Oct 199326236815.85$4,153
Sep 1993032915.03$0
Aug 199326036415.66$4,072
Jul 1993034115.46$0
Jun 199323239216.79$3,895
May 1993134517.68$18
Apr 199324639118.05$4,440
Mar 1993039518.14$0
Feb 199323736417.90$4,242
Jan 1993037216.93$0

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.

Jan 2003 — as filed, then multipliedworked
Oil                    0 bbl  × $ 30.31 =         $0
Casinghead gas        15 Mcf  × $  5.58 =        $84

────────────────────────────────────────────────────
Month total                                      $84

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/26669 is the state's own key, not one this site invented.