REED -21-

Operated by APACHE CORPORATION (P-5 27200) 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 28709District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 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
NGPA2none

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
OilDisposition77,000 bbl$4,003,080
Casinghead gasProduction272,195 Mcf$922,950
Total$4,926,029

68,642 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 (3)

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 31.7742, -101.7104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.77424, -101.71045 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
8,500 ft
3 wells filed one
Completion to plug
27.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 8,492 and 8,518 ft, median 8,500 ft, over the 3 wells that filed a depth.

Completions filed
Feb 1984 – Jan 2007
3 of 3 wells
Plug dates filed
Feb 2002 – Jun 2021
2 of 3 wells; 1 filed none

Last completion to plug: a median of 27.7 years across the 2 wells that filed both dates, with the middle half between 22.8 years and 32.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-173332683TM8,492 ftJan 2007
42-1733154228,518 ftFeb 1984Feb 2002Yes
42-1733154518,500 ftFeb 1984Jun 2021Yes

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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
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 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180262.874.01$8
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017183047.523.09$8,696
Aug 20170045.373.00$0
Jul 20175043.873.09$219
Jun 2017178042.493.09$7,563
May 201704845.373.26$157
Apr 201718424447.933.21$9,603
Mar 201717032146.772.98$8,909
Feb 201717931750.452.95$9,967
Jan 201734025149.413.42$17,658
Dec 201635447548.763.72$19,029
Nov 201653518042.492.64$23,208
Oct 20163626846.193.09$16,931
Sep 201635224841.553.10$15,395
Aug 201653335741.442.92$23,132
Jul 201634849841.622.92$15,940
Jun 2016032045.352.69$859
May 201616429142.521.99$7,553
Apr 2016029036.561.99$577
Mar 201617728033.011.79$6,345
Feb 201618229926.472.06$5,435
Jan 2016027927.352.36$660
Dec 201518927232.362.00$6,660
Nov 201518726938.792.17$7,837
Oct 201535664343.552.43$17,064
Sep 201554077842.992.76$25,361
Aug 201553675540.162.87$23,694
Jul 201553777048.152.95$28,124
Jun 201572177856.152.88$42,727
May 201537454055.212.96$22,244
Apr 201555878649.822.71$29,927
Mar 201536378242.892.93$17,864
Feb 201574581344.662.98$35,691
Jan 201555677543.433.10$26,550
Dec 201437477254.693.59$23,227
Nov 201471657270.464.25$52,881
Oct 201437475978.303.90$32,245
Sep 201437155586.164.05$34,211
Aug 2014013589.394.04$545
Jul 201455271896.564.18$56,302
Jun 201419266398.164.74$21,987
May 201420147794.734.73$21,295
Apr 2014738895.944.81$2,538
Mar 201419235895.895.06$20,221
Feb 2014137497.406.19$2,413
Jan 201417540490.404.86$17,784
Dec 2013338191.824.35$1,935
Nov 201318850188.853.74$18,577
Oct 201336155497.423.78$37,262
Sep 2013192534104.113.72$21,974
Aug 20134554104.253.52$2,369
Jul 2013358550102.523.72$38,747
Jun 201318160494.403.93$19,462
May 201320663394.834.15$22,161
Apr 201319362893.964.28$20,824
Mar 201317640793.623.91$18,070
Feb 201319653591.233.42$19,711
Jan 201319562991.603.42$20,013
Dec 201236562086.773.42$33,792
Nov 201218858386.953.62$18,460
Oct 201236565989.383.40$34,864
Sep 2012766094.672.92$2,589
Aug 201269083792.662.91$66,370
Jul 201254783785.133.02$49,095
Jun 201235482279.822.52$30,327
May 2012483491.612.49$2,442
Apr 2012374805101.652.00$39,625
Mar 2012722914105.052.22$77,877
Feb 2012366849101.102.57$39,185
Jan 201237691498.092.73$39,381
Dec 201172287096.873.24$72,759
Nov 201137587095.723.31$38,776
Oct 201136692984.983.65$34,492
Sep 201172687783.623.99$64,204
Aug 20117211,03683.404.15$64,430
Jul 20113611,07994.144.52$38,859
Jun 20117411,01492.904.64$73,544
May 201135993698.134.40$39,352
Apr 2011369702105.964.33$42,141
Mar 2011029396.364.06$1,189
Feb 20111842285.644.18$15,850
Jan 201136924086.504.59$33,020
Dec 2010073285.734.35$3,183
Nov 201055380480.843.80$47,756
Oct 201071895478.103.51$59,423
Sep 2010096372.633.98$3,832
Aug 20105311,07273.684.42$43,862
Jul 20105501,12372.554.74$45,222
Jun 20107181,11470.364.91$55,989
May 20103571,29471.124.24$30,870
Apr 2010097881.694.12$4,032
Mar 20103711,30478.394.39$34,806
Feb 20107391,15073.585.44$60,634
Jan 20101801,14074.365.96$20,184
Dec 20093651,07971.445.48$31,993
Nov 20093561,20174.593.75$31,060
Oct 20093591,20472.544.11$30,991
Sep 20093741,23265.543.06$28,288
Aug 20091851,30367.423.22$16,666
Jul 20095521,38761.133.46$38,549
Jun 20095431,39666.163.90$41,362
May 20091791,36054.743.93$15,137
Apr 20093671,24246.773.59$21,620
Mar 20095441,42042.144.06$28,688
Feb 20095481,30832.814.63$24,040
Jan 20093601,48835.865.37$20,902
Dec 200836281237.105.98$18,284
Nov 200836554955.496.86$24,020
Oct 200818094875.246.92$20,105
Sep 2008364826101.767.88$43,547
Aug 2008347923114.228.48$47,464
Jul 2008180964131.0811.39$34,574
Jun 2008345868131.3313.03$56,621
May 20083261,208123.1711.57$54,135
Apr 20083621,210110.3110.45$52,583
Mar 20083581,306101.909.66$49,101
Feb 20085431,24192.538.77$61,128
Jan 20083551,33490.388.21$43,031
Dec 20075431,36788.337.30$57,945
Nov 20075391,45191.677.29$59,990
Oct 20077231,41982.856.92$69,723
Sep 20073601,74975.846.24$38,223
Aug 20075161,56569.066.39$45,632
Jul 20077151,73170.906.39$61,751
Jun 20073571,63462.007.55$34,468
May 20077151,73758.747.85$55,628
Apr 20077161,74359.617.81$56,285
Mar 20071,0742,27856.927.30$77,766
Feb 20071,0832,04155.108.22$76,442
Jan 200717866050.306.73$13,393
Dec 2006062856.656.92$4,345
Nov 200618061254.207.62$14,418
Oct 2006042054.906.01$2,526
Sep 2006049760.085.04$2,503
Aug 200618063668.717.34$17,036
Jul 2006063969.376.34$4,053
Jun 200615761866.286.38$14,351
May 2006065966.016.42$4,234
Apr 200617763664.397.36$16,078
Mar 2006064956.707.08$4,597
Feb 200617457157.597.75$14,447
Jan 2006063860.598.93$5,699
Dec 200517861054.9413.42$17,963
Nov 2005032454.6910.59$3,431
Oct 20051753058.3413.80$10,623
Sep 200503061.4512.08$362
Aug 20051683061.519.80$10,628
Jul 200503055.697.84$235
Jun 20051813752.337.38$9,745
May 2005029145.226.65$1,935
Apr 200517055249.207.36$12,427
Mar 200517659950.377.15$13,151
Feb 2005054045.226.31$3,408
Jan 200517260843.166.32$11,267
Dec 2004059039.866.75$3,983
Nov 200417958745.286.33$11,821
Oct 2004063149.706.52$4,111
Sep 200417969043.245.28$11,386
Aug 2004072342.375.55$4,013
Jul 200417773238.286.08$11,229
Jun 200417971536.106.43$11,062
May 2004072837.486.49$4,728
Apr 200418168434.475.86$10,246
Mar 2004067534.365.53$3,733
Feb 200416762932.455.51$8,885
Jan 200418266432.036.30$10,012
Dec 2003068730.266.30$4,329
Nov 200317766628.804.60$8,158
Oct 2003056528.174.76$2,689
Sep 200317271826.314.75$7,935
Aug 200317777729.765.13$9,253
Jul 2003076929.415.17$3,976
Jun 200316876128.565.98$9,351
May 2003078626.595.97$4,695
Apr 200316975126.675.41$8,568
Mar 200317575131.146.10$10,028
Feb 2003064433.487.93$5,104
Jan 200318376530.315.58$9,817
Dec 200218176726.914.85$8,594
Nov 200217975724.664.14$7,546
Oct 2002081926.464.23$3,464
Sep 200217782627.443.64$7,860
Aug 2002086525.963.16$2,737
Jul 200217786824.583.06$7,008
Jun 200217485023.733.34$6,967
May 200234985624.663.58$11,674
Apr 2002083023.653.51$2,915
Mar 200217170522.003.10$5,949
Feb 200217272418.222.38$4,854
Jan 200217257517.172.38$4,319
Dec 200116954016.932.36$4,138
Nov 200117440318.072.41$4,114
Oct 200117257519.782.53$4,856
Sep 2001086824.262.25$1,954
Aug 200117190224.873.05$7,007
Jul 2001092523.933.20$2,957
Jun 200117190524.563.82$7,661
May 2001091625.524.31$3,946
Apr 200117490624.685.34$9,128
Mar 2001091624.545.38$4,925
Feb 200117483627.755.77$9,650
Jan 200117992627.478.40$12,694
Dec 2000091626.889.12$8,356
Nov 200017490732.215.66$10,736
Oct 2000094331.235.15$4,852
Sep 200017282731.875.19$9,771
Aug 2000099429.644.54$4,514
Jul 20001681,00828.534.09$8,916
Jun 200017795329.304.40$9,377
May 200001,02927.263.68$3,786
Apr 200017899724.513.12$7,469
Mar 20001761,08028.422.86$8,090
Feb 200017575627.622.73$6,895
Jan 2000052125.272.48$1,292
Dec 199917672424.282.42$6,028
Nov 199917056323.192.43$5,313
Oct 199917762420.982.80$5,463
Sep 199917078821.752.62$5,761
Aug 199917698719.262.88$6,228
Jul 19991731,11717.892.37$5,745
Jun 19991791,07415.942.36$5,390
May 19991721,17515.792.32$5,443
Apr 19991711,23015.102.21$5,298
Mar 19993401,31112.471.84$6,650
Feb 19991771,1839.981.82$3,917
Jan 19991711,12810.381.90$3,918
Dec 19981821,2899.201.77$3,960
Nov 19983481,34810.892.19$6,736
Oct 19981871,35712.421.97$4,995
Sep 19981801,30712.592.08$4,988
Aug 19981741,35611.301.91$4,553
Jul 19983461,31711.742.24$7,009
Jun 19981721,25011.242.24$4,730
May 19981771,32512.622.21$5,157
Apr 19983621,28113.042.51$7,930
Mar 19981831,25812.802.31$5,248
Feb 19981821,11613.952.30$5,105
Jan 19983491,23314.702.15$7,787
Dec 19971761,12516.322.41$5,585
Nov 19973581,19018.193.09$10,187
Oct 19971791,29419.253.15$7,522
Sep 19973491,26717.742.95$9,935
Aug 19971701,31417.862.55$6,393
Jul 19971761,34417.582.25$6,114
Jun 19973411,30417.242.26$8,822
May 19971691,33418.972.31$6,285
Apr 19973471,30317.882.08$8,918
Mar 19971741,35918.951.94$5,933
Feb 19973481,21020.492.21$9,800
Jan 19971691,17723.483.54$8,134
Dec 19963431,33323.32$7,999
Nov 19961741,54321.97$3,823
Oct 19963411,38423.31$7,949
Sep 19963511,37322.22$7,799
Aug 19961711,43720.26$3,464
Jul 19961701,33519.55$3,324
Jun 19963401,41618.73$6,368
May 19963391,43219.43$6,587
Apr 19961841,36021.51$3,958
Mar 19963641,42619.38$7,054
Feb 19961931,24716.98$3,277
Jan 19963661,08117.07$6,248
Dec 19951781,36517.19$3,060
Nov 19953651,38916.00$5,840
Oct 19951831,52515.43$2,824
Sep 19953581,56516.18$5,792
Aug 19951811,42115.92$2,882
Jul 19953571,45315.24$5,441
Jun 19951811,46416.41$2,970
May 19953591,52817.56$6,304
Apr 19953581,44617.73$6,347
Mar 19951801,46516.44$2,959
Feb 19953661,33016.58$6,068
Jan 19953591,45815.92$5,715
Dec 19941381,53415.03$2,074
Nov 19943561,50315.90$5,660
Oct 19943641,59415.58$5,671
Sep 19941881,56115.29$2,875
Aug 19943521,39516.13$5,678
Jul 19941801,24117.56$3,161
Jun 19943641,56017.09$6,221
May 19943661,59515.88$5,812
Apr 19941821,52414.14$2,573
Mar 19943651,56712.46$4,548
Feb 19943571,39012.50$4,463
Jan 19943691,42012.66$4,672
Dec 19931811,44712.33$2,232
Nov 19933221,46314.49$4,666
Oct 19933491,36515.85$5,532
Sep 19931801,53615.03$2,705
Aug 199336275115.66$5,669
Jul 199335588115.46$5,488
Jun 19933661,60816.79$6,145
May 19931831,66617.68$3,235
Apr 19933671,64418.05$6,624
Mar 19933471,63318.14$6,295
Feb 19933181,42617.90$5,692
Jan 19933471,56216.93$5,875

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 2018 — as filed, then multipliedworked
Oil                    0 bbl  × $ 62.87 =         $0
Casinghead gas         2 Mcf  × $  4.01 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/28709 is the state's own key, not one this site invented.