STEPHENS

Operated by OVINTIV USA INC. (P-5 628658) in the BREEDLOVE, EAST (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27023District 08Field 11752666NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
401
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 33 leases and 50 wells, and the rule below applies to all of them.

Discovered
1962-09-09
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 80 ACRE OPTIONAL, DIAG: 3250

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
OilDisposition35,792 bbl$1,622,950
Casinghead gasProduction91,866 Mcf$243,962
Total$1,866,912

32,882 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 32.4772, -101.9741. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47725, -101.97414 · 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
9,400 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 9,400 ft.

Completions filed
Dec 1981
1 of 1 wells

1 well

42-3173242919,400 ftDec 1981

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026186098.932.87$18,401
Mar 20260089.753.15$0
Feb 20261003063.503.75$6,463
Jan 20260059.138.00$0
Dec 202518811756.664.41$11,168
Nov 202506258.593.93$243
Oct 2025015759.383.30$519
Sep 202518020162.743.08$11,912
Aug 2025025963.933.01$781
Jul 202517812366.743.32$12,287
Jun 202505866.483.13$181
May 202517111160.553.23$10,713
Apr 202501262.363.54$43
Mar 20250067.704.27$0
Feb 2025187070.884.34$13,255
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024177069.612.36$12,321
Aug 20240075.632.06$0
Jul 20242079.932.15$160
Jun 2024183078.082.63$14,289
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024188080.301.55$15,096
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023187071.262.61$13,326
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023150080.522.67$12,078
Jul 20230074.852.64$0
Jun 2023191068.962.26$13,171
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023194072.852.39$14,133
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022181085.005.65$15,385
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022186094.529.13$17,581
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20221910109.378.43$20,890
Apr 202200104.226.84$0
Mar 20221800108.885.08$19,598
Feb 20220091.054.86$0
Jan 2022186081.844.54$15,222
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021172066.024.22$11,355
Jul 20210070.783.98$0
Jun 2021178069.493.38$12,369
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021185061.302.72$11,341
Feb 20210057.805.55$0
Jan 2021192050.412.81$9,679
Dec 20200044.642.68$0
Nov 2020175038.772.71$6,785
Oct 2020163036.972.48$6,026
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202007014.751.80$126
Mar 2020184030.341.86$5,583
Feb 2020178049.881.98$8,879
Jan 2020012457.252.09$260
Dec 2019012459.012.30$286
Nov 2019012055.302.75$330
Oct 2019012453.472.42$300
Sep 20191759255.052.66$9,878
Aug 2019012453.112.30$286
Jul 201917710056.272.46$10,206
Jun 2019010652.782.49$264
May 2019016958.482.74$463
Apr 20191832462.632.75$11,527
Mar 2019012456.803.06$380
Feb 2019011250.852.79$313
Jan 201933812446.033.23$15,958
Dec 2018014746.594.19$615
Nov 201808552.934.24$360
Oct 201815016461.443.40$9,773
Sep 2018019259.543.11$597
Aug 201813318459.403.07$8,464
Jul 2018017865.142.93$522
Jun 201813915060.183.08$8,827
May 2018022065.382.90$638
Apr 201813613063.842.90$9,059
Mar 2018018661.222.79$518
Feb 201814315161.782.77$9,252
Jan 201814316662.874.01$9,656
Dec 2017021757.272.92$634
Nov 201716211455.423.12$9,334
Oct 2017015049.292.98$448
Sep 2017013947.523.09$429
Aug 20171763945.373.00$8,102
Jul 201705743.873.09$176
Jun 201703942.493.09$120
May 20171705345.373.26$7,886
Apr 201702447.933.21$77
Mar 2017166246.772.98$7,770
Feb 20170050.452.95$0
Jan 2017167049.413.42$8,251
Dec 20160048.763.72$0
Nov 2016180042.492.64$7,648
Oct 20160046.193.09$0
Sep 2016159041.553.10$6,606
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016164045.352.69$7,437
May 20160042.521.99$0
Apr 2016160036.561.99$5,850
Mar 20163133.011.79$101
Feb 201663026.472.06$1,668
Jan 2016163027.352.36$4,458
Dec 20150032.362.00$0
Nov 2015163038.792.17$6,323
Oct 20150043.552.43$0
Sep 2015168042.992.76$7,222
Aug 20150040.162.87$0
Jul 2015159048.152.95$7,656
Jun 20151056.152.88$56
May 20150055.212.96$0
Apr 2015174049.822.71$8,669
Mar 20152042.892.93$86
Feb 2015167044.662.98$7,458
Jan 20150043.433.10$0
Dec 2014174054.693.59$9,516
Nov 20142070.464.25$141
Oct 2014186078.303.90$14,564
Sep 20142086.164.05$172
Aug 2014188089.394.04$16,805
Jul 20141096.564.18$97
Jun 2014169098.164.74$16,589
May 201402694.734.73$123
Apr 20141545995.944.81$15,059
Mar 201401395.895.06$66
Feb 20141641797.406.19$16,079
Jan 20140590.404.86$24
Dec 2013172991.824.35$15,832
Nov 201304388.853.74$161
Oct 201316910897.423.78$16,872
Sep 2013058104.113.72$216
Aug 201316776104.253.52$17,677
Jul 2013055102.523.72$204
Jun 2013168094.403.93$15,859
May 20130094.834.15$0
Apr 2013167093.964.28$15,691
Mar 20130293.623.91$8
Feb 2013168091.233.42$15,327
Jan 20130191.603.42$3
Dec 20121672186.773.42$14,562
Nov 20120086.953.62$0
Oct 20121679889.383.40$15,260
Sep 2012011694.672.92$339
Aug 201216913492.662.91$16,049
Jul 2012018885.133.02$568
Jun 2012018379.822.52$461
May 201216418191.612.49$15,474
Apr 2012166176101.652.00$17,225
Mar 20120263105.052.22$584
Feb 2012172172101.102.57$17,831
Jan 2012022798.092.73$621
Dec 2011021896.873.24$706
Nov 201116811695.723.31$16,465
Oct 201113324984.983.65$12,211
Sep 201116523883.623.99$14,746
Aug 2011021983.404.15$909
Jul 201116522994.144.52$16,568
Jun 2011023092.904.64$1,067
May 20113318798.134.40$4,062
Apr 2011172325105.964.33$19,633
Mar 2011117596.364.06$806
Feb 201116923285.644.18$15,443
Jan 201117015286.504.59$15,402
Dec 201007085.734.35$304
Nov 2010022480.843.80$850
Oct 201017929178.103.51$15,001
Sep 2010025572.633.98$1,015
Aug 201016321973.684.42$12,978
Jul 201016622272.554.74$13,095
Jun 2010016470.364.91$805
May 201016725271.124.24$12,944
Apr 2010129281.694.12$1,286
Mar 201017431178.394.39$15,005
Feb 2010029473.585.44$1,600
Jan 201017333774.365.96$14,874
Dec 200916235871.445.48$13,536
Nov 200916838574.593.75$13,975
Oct 200916519572.544.11$12,771
Sep 200917418965.543.06$11,983
Aug 2009012867.423.22$412
Jul 20091709961.133.46$10,735
Jun 2009021066.163.90$818
May 200917221354.743.93$10,251
Apr 2009014946.773.59$535
Mar 200916614742.144.06$7,592
Feb 200916723532.814.63$6,568
Jan 2009026235.865.37$1,407
Dec 200836724537.105.98$15,080
Nov 200802255.496.86$151
Oct 200801675.246.92$111
Sep 200800101.767.88$0
Aug 2008175110114.228.48$20,922
Jul 200800131.0811.39$0
Jun 2008097131.3313.03$1,264
May 2008071123.1711.57$822
Apr 200802110.3110.45$21
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20081752190.388.21$15,989
Dec 2007013688.337.30$993
Nov 2007015691.677.29$1,138
Oct 20071751782.856.92$14,616
Sep 2007018775.846.24$1,168
Aug 200701269.066.39$77
Jul 200701270.906.39$77
Jun 20071743662.007.55$11,060
May 2007013958.747.85$1,091
Apr 200706059.617.81$468
Mar 2007015056.927.30$1,095
Feb 200717610655.108.22$10,569
Jan 2007012750.306.73$854
Dec 200608456.656.92$581
Nov 2006024354.207.62$1,851
Oct 200617517054.906.01$10,630
Sep 2006029460.085.04$1,481
Aug 2006020268.717.34$1,483
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200605266.016.42$334
Apr 200618230664.397.36$13,971
Mar 2006029456.707.08$2,082
Feb 200618012757.597.75$11,351
Jan 200602260.598.93$197
Dec 200518319254.9413.42$12,630
Nov 2005014654.6910.59$1,546
Oct 200518125858.3413.80$14,119
Sep 2005031061.4512.08$3,744
Aug 200518134761.519.80$14,533
Jul 2005024155.697.84$1,890
Jun 20051787052.337.38$9,831
May 2005011245.226.65$745
Apr 200517922849.207.36$10,485
Mar 2005032850.377.15$2,347
Feb 200518430145.226.31$10,220
Jan 200518334143.166.32$10,054
Dec 2004030039.866.75$2,025
Nov 200418133645.286.33$10,323
Oct 2004037049.706.52$2,411
Sep 200417736643.245.28$9,587
Aug 2004036542.375.55$2,026
Jul 200417827738.286.08$8,499
Jun 2004033836.106.43$2,174
May 200417436037.486.49$8,860
Apr 2004034734.475.86$2,033
Mar 200417935534.365.53$8,114
Feb 2004031432.455.51$1,730
Jan 200417835732.036.30$7,950
Dec 2003027630.266.30$1,739
Nov 200317910028.804.60$5,615
Oct 2003012828.174.76$609
Sep 200317728126.314.75$5,991
Aug 2003036229.765.13$1,857
Jul 200317638429.415.17$7,162
Jun 200307928.565.98$473
May 200318037026.595.97$6,996
Apr 200318135426.675.41$6,741
Mar 2003036231.146.10$2,207
Feb 200318432333.487.93$8,720
Jan 2003036630.315.58$2,043
Dec 200218436826.914.85$6,738
Nov 2002036124.664.14$1,493
Oct 200218237826.464.23$6,414
Sep 2002034327.443.64$1,247
Aug 200217935325.963.16$5,764
Jul 2002033324.583.06$1,020
Jun 200218336023.733.34$5,544
May 2002036324.663.58$1,301
Apr 200218035223.653.51$5,493
Mar 2002036522.003.10$1,132
Feb 200217934118.222.38$4,071
Jan 2002038117.172.38$905
Dec 200118439316.932.36$4,044
Nov 200117837318.072.41$4,114
Oct 2001040119.782.53$1,014
Sep 200117938524.262.25$5,209
Aug 2001038124.873.05$1,163
Jul 200118630023.933.20$5,410
Jun 200118039024.563.82$5,912
May 2001033325.524.31$1,434
Apr 200118138024.685.34$6,495
Mar 2001034624.545.38$1,860
Feb 200118535027.755.77$7,152
Jan 2001030127.478.40$2,528
Dec 200017935726.889.12$8,068
Nov 2000037032.215.66$2,093
Oct 200018340331.235.15$7,789
Sep 200018139031.875.19$7,791
Aug 2000041029.644.54$1,862
Jul 200018041628.534.09$6,837
Jun 2000035929.304.40$1,579
May 200018140927.263.68$6,439
Apr 200018339824.513.12$5,726
Mar 2000039128.422.86$1,118
Feb 200019039627.622.73$6,327
Jan 2000042125.272.48$1,044
Dec 199918542724.282.42$5,527
Nov 1999042123.192.43$1,025
Oct 199918144320.982.80$5,039
Sep 199918342321.752.62$5,088
Aug 1999042719.262.88$1,228
Jul 199918142017.892.37$4,234
Jun 1999039415.942.36$931
May 199918440515.792.32$3,845
Apr 199917936815.102.21$3,515
Mar 1999041012.471.84$754
Feb 19991913679.981.82$2,573
Jan 199918240510.381.90$2,659
Dec 199803999.201.77$708
Nov 199818333610.892.19$2,727
Oct 199818742112.421.97$3,152
Sep 1998038812.592.08$808
Aug 199818242011.301.91$2,858
Jul 1998046111.742.24$1,031
Jun 199818344711.242.24$3,057
May 199818342112.622.21$3,238
Apr 1998039613.042.51$992
Mar 199817643312.802.31$3,253
Feb 199817939913.952.30$3,414
Jan 1998048014.702.15$1,034
Dec 199718551116.322.41$4,251
Nov 199718750518.193.09$4,961
Oct 1997053519.253.15$1,685
Sep 199718152117.742.95$4,750
Aug 199718841917.862.55$4,428
Jul 199718850017.582.25$4,429
Jun 1997050917.242.26$1,149
May 1997052018.972.31$1,200
Apr 199718450417.882.08$4,340
Mar 199718551818.951.94$4,510
Feb 1997048020.492.21$1,059
Jan 199719458323.483.54$6,619
Dec 199619155923.32$4,454
Nov 199618051121.97$3,955
Oct 1996073423.31$0
Sep 199617077422.22$3,777
Aug 1996059120.26$0
Jul 199617560719.55$3,421
Jun 199617757118.73$3,315
May 199617560219.43$3,400
Apr 1996066921.51$0
Mar 199618060019.38$3,488
Feb 199617853816.98$3,022
Jan 199617749417.07$3,021
Dec 1995050317.19$0
Nov 199517849916.00$2,848
Oct 199518052115.43$2,777
Sep 199518751516.18$3,026
Aug 1995053715.92$0
Jul 199518454115.24$2,804
Jun 199518951616.41$3,101
May 199519341717.56$3,389
Apr 1995052317.73$0
Mar 199516153916.44$2,647
Feb 199518248116.58$3,018
Jan 199517151915.92$2,722
Dec 199417753615.03$2,660
Nov 199419148915.90$3,037
Oct 1994057015.58$0
Sep 199436754115.29$5,611
Aug 1994048716.13$0
Jul 199416954917.56$2,968
Jun 199416255117.09$2,769
May 199417456115.88$2,763
Apr 199436353414.14$5,133
Mar 1994054612.46$0
Feb 199435352812.50$4,413
Jan 1994059212.66$0
Dec 1993053212.33$0
Nov 199317549514.49$2,536
Oct 199318661315.85$2,948
Sep 19931611,11515.03$2,420
Aug 19931631,11215.66$2,553
Jul 19931652,02915.46$2,551
Jun 19931631,46816.79$2,737
May 19931611,65817.68$2,846
Apr 199317597818.05$3,159
Mar 19931681,05018.14$3,048
Feb 19931731,09717.90$3,097
Jan 199316289016.93$2,743

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
Oil                  186 bbl  × $ 98.93 =    $18,401
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $18,401

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/27023 is the state's own key, not one this site invented.