STRAIN "24"

Name: STRAIN "24" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PRIME OPERATING COMPANY (P-5 677770) 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 29332District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$880 k

Jan 1993 – Sep 2016

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

285

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.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	20,485 bbl	$795,031
Casinghead gas	Production	28,176 Mcf	$85,300
Total			$880,331

10,221 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 32.2391, -101.8153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.23906, -101.81528 · 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

8,678 ft

2 wells filed one

Completion to plug

20.2 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 8,620 and 8,735 ft, median 8,678 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1984 – May 1985

2 of 2 wells

Plug dates filed

Dec 1993 – Jul 2016

2 of 2 wells

Last completion to plug: a median of 20.2 years across the 2 wells that filed both dates, with the middle half between 14.7 years and 25.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31733046	2	8,735 ft	May 1985	Jul 2016	Yes
42-31733005	1	8,620 ft	Oct 1984	Dec 1993	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 (285)

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

285 months


Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	97	0	45.35	2.69	$4,399
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	123	0	94.83	4.15	$11,664
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	180	0	101.65	2.00	$18,297
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	180	0	98.09	2.73	$17,656
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	181	0	95.72	3.31	$17,325
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	182	0	83.40	4.15	$15,179
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	182	0	92.90	4.64	$16,908
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	178	0	96.36	4.06	$17,152
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	189	0	86.50	4.59	$16,349
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	178	0	78.10	3.51	$13,902
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	179	0	73.68	4.42	$13,189
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	182	0	70.36	4.91	$12,806
May 2010	0	0	71.12	4.24	$0
Apr 2010	178	0	81.69	4.12	$14,541
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	168	0	73.58	5.44	$12,361
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	183	0	74.59	3.75	$13,650
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	177	0	65.54	3.06	$11,601
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	180	0	61.13	3.46	$11,003
Jun 2009	0	0	66.16	3.90	$0
May 2009	181	0	54.74	3.93	$9,908
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	181	0	32.81	4.63	$5,939
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	187	0	37.10	5.98	$6,938
Nov 2008	1	0	55.49	6.86	$55
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	174	0	101.76	7.88	$17,706
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	177	0	131.08	11.39	$23,201
Jun 2008	0	0	131.33	13.03	$0
May 2008	175	0	123.17	11.57	$21,555
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	179	101	101.90	9.66	$19,216
Feb 2008	0	103	92.53	8.77	$903
Jan 2008	0	98	90.38	8.21	$804
Dec 2007	179	98	88.33	7.30	$16,527
Nov 2007	0	105	91.67	7.29	$766
Oct 2007	178	111	82.85	6.92	$15,516
Sep 2007	0	103	75.84	6.24	$643
Aug 2007	0	120	69.06	6.39	$767
Jul 2007	165	116	70.90	6.39	$12,440
Jun 2007	178	112	62.00	7.55	$11,881
May 2007	0	111	58.74	7.85	$871
Apr 2007	0	114	59.61	7.81	$890
Mar 2007	182	113	56.92	7.30	$11,185
Feb 2007	0	92	55.10	8.22	$756
Jan 2007	0	106	50.30	6.73	$713
Dec 2006	178	111	56.65	6.92	$10,852
Nov 2006	0	112	54.20	7.62	$853
Oct 2006	172	180	54.90	6.01	$10,525
Sep 2006	0	182	60.08	5.04	$917
Aug 2006	49	151	68.71	7.34	$4,475
Jul 2006	95	160	69.37	6.34	$7,605
Jun 2006	40	91	66.28	6.38	$3,232
May 2006	109	89	66.01	6.42	$7,767
Apr 2006	157	103	64.39	7.36	$10,867
Mar 2006	0	104	56.70	7.08	$737
Feb 2006	95	92	57.59	7.75	$6,184
Jan 2006	85	99	60.59	8.93	$6,035
Dec 2005	155	103	54.94	13.42	$9,897
Nov 2005	0	148	54.69	10.59	$1,567
Oct 2005	178	159	58.34	13.80	$12,578
Sep 2005	0	68	61.45	12.08	$821
Aug 2005	67	142	61.51	9.80	$5,512
Jul 2005	0	61	55.69	7.84	$478
Jun 2005	78	146	52.33	7.38	$5,159
May 2005	71	149	45.22	6.65	$4,202
Apr 2005	84	135	49.20	7.36	$5,126
Mar 2005	72	136	50.37	7.15	$4,600
Feb 2005	76	118	45.22	6.31	$4,182
Jan 2005	91	130	43.16	6.32	$4,749
Dec 2004	67	128	39.86	6.75	$3,535
Nov 2004	87	119	45.28	6.33	$4,693
Oct 2004	84	133	49.70	6.52	$5,041
Sep 2004	85	131	43.24	5.28	$4,368
Aug 2004	69	140	42.37	5.55	$3,701
Jul 2004	57	129	38.28	6.08	$2,967
Jun 2004	83	143	36.10	6.43	$3,916
May 2004	86	150	37.48	6.49	$4,197
Apr 2004	82	137	34.47	5.86	$3,629
Mar 2004	80	141	34.36	5.53	$3,529
Feb 2004	85	128	32.45	5.51	$3,463
Jan 2004	82	139	32.03	6.30	$3,502
Dec 2003	92	141	30.26	6.30	$3,672
Nov 2003	85	130	28.80	4.60	$3,045
Oct 2003	66	124	28.17	4.76	$2,449
Sep 2003	79	132	26.31	4.75	$2,705
Aug 2003	85	135	29.76	5.13	$3,222
Jul 2003	86	119	29.41	5.17	$3,145
Jun 2003	90	135	28.56	5.98	$3,378
May 2003	70	147	26.59	5.97	$2,739
Apr 2003	84	140	26.67	5.41	$2,997
Mar 2003	83	136	31.14	6.10	$3,414
Feb 2003	89	117	33.48	7.93	$3,907
Jan 2003	94	130	30.31	5.58	$3,575
Dec 2002	81	127	26.91	4.85	$2,796
Nov 2002	80	136	24.66	4.14	$2,535
Oct 2002	88	148	26.46	4.23	$2,954
Sep 2002	87	136	27.44	3.64	$2,882
Aug 2002	79	96	25.96	3.16	$2,355
Jul 2002	75	123	24.58	3.06	$2,220
Jun 2002	85	119	23.73	3.34	$2,414
May 2002	81	134	24.66	3.58	$2,478
Apr 2002	87	139	23.65	3.51	$2,546
Mar 2002	83	128	22.00	3.10	$2,223
Feb 2002	88	122	18.22	2.38	$1,893
Jan 2002	98	139	17.17	2.38	$2,013
Dec 2001	81	118	16.93	2.36	$1,650
Nov 2001	85	139	18.07	2.41	$1,870
Oct 2001	87	85	19.78	2.53	$1,936
Sep 2001	87	49	24.26	2.25	$2,221
Aug 2001	93	92	24.87	3.05	$2,594
Jul 2001	75	137	23.93	3.20	$2,233
Jun 2001	69	146	24.56	3.82	$2,253
May 2001	81	150	25.52	4.31	$2,713
Apr 2001	85	138	24.68	5.34	$2,834
Mar 2001	62	144	24.54	5.38	$2,296
Feb 2001	162	100	27.75	5.77	$5,072
Jan 2001	72	104	27.47	8.40	$2,851
Dec 2000	89	89	26.88	9.12	$3,204
Nov 2000	77	96	32.21	5.66	$3,023
Oct 2000	60	120	31.23	5.15	$2,491
Sep 2000	116	125	31.87	5.19	$4,345
Aug 2000	0	128	29.64	4.54	$581
Jul 2000	165	154	28.53	4.09	$5,337
Jun 2000	70	142	29.30	4.40	$2,675
May 2000	64	154	27.26	3.68	$2,311
Apr 2000	80	132	24.51	3.12	$2,372
Mar 2000	85	125	28.42	2.86	$2,773
Feb 2000	66	114	27.62	2.73	$2,134
Jan 2000	156	111	25.27	2.48	$4,217
Dec 1999	78	112	24.28	2.42	$2,165
Nov 1999	82	137	23.19	2.43	$2,235
Oct 1999	107	166	20.98	2.80	$2,710
Sep 1999	69	173	21.75	2.62	$1,954
Aug 1999	42	181	19.26	2.88	$1,329
Jul 1999	142	118	17.89	2.37	$2,820
Jun 1999	76	160	15.94	2.36	$1,589
May 1999	119	175	15.79	2.32	$2,285
Apr 1999	66	152	15.10	2.21	$1,332
Mar 1999	90	146	12.47	1.84	$1,391
Feb 1999	76	124	9.98	1.82	$984
Jan 1999	146	131	10.38	1.90	$1,764
Dec 1998	101	124	9.20	1.77	$1,149
Nov 1998	162	121	10.89	2.19	$2,029
Oct 1998	5	166	12.42	1.97	$389
Sep 1998	148	166	12.59	2.08	$2,209
Aug 1998	75	154	11.30	1.91	$1,141
Jul 1998	176	177	11.74	2.24	$2,462
Jun 1998	2	156	11.24	2.24	$371
May 1998	90	120	12.62	2.21	$1,401
Apr 1998	89	174	13.04	2.51	$1,596
Mar 1998	205	141	12.80	2.31	$2,950
Feb 1998	3	137	13.95	2.30	$357
Jan 1998	95	145	14.70	2.15	$1,709
Dec 1997	83	129	16.32	2.41	$1,666
Nov 1997	77	136	18.19	3.09	$1,821
Oct 1997	60	195	19.25	3.15	$1,769
Sep 1997	158	204	17.74	2.95	$3,406
Aug 1997	74	217	17.86	2.55	$1,876
Jul 1997	79	218	17.58	2.25	$1,879
Jun 1997	109	194	17.24	2.26	$2,317
May 1997	81	200	18.97	2.31	$1,998
Apr 1997	175	161	17.88	2.08	$3,464
Mar 1997	3	198	18.95	1.94	$441
Feb 1997	155	168	20.49	2.21	$3,547
Jan 1997	36	164	23.48	3.54	$1,426
Dec 1996	170	177	23.32	—	$3,964
Nov 1996	89	175	21.97	—	$1,955
Oct 1996	52	199	23.31	—	$1,212
Sep 1996	93	195	22.22	—	$2,066
Aug 1996	146	218	20.26	—	$2,958
Jul 1996	67	207	19.55	—	$1,310
Jun 1996	80	212	18.73	—	$1,498
May 1996	113	256	19.43	—	$2,196
Apr 1996	80	191	21.51	—	$1,721
Mar 1996	99	195	19.38	—	$1,919
Feb 1996	93	167	16.98	—	$1,579
Jan 1996	112	188	17.07	—	$1,912
Dec 1995	103	188	17.19	—	$1,771
Nov 1995	103	200	16.00	—	$1,648
Oct 1995	160	216	15.43	—	$2,469
Sep 1995	69	220	16.18	—	$1,116
Aug 1995	85	232	15.92	—	$1,353
Jul 1995	101	233	15.24	—	$1,539
Jun 1995	115	211	16.41	—	$1,887
May 1995	82	211	17.56	—	$1,440
Apr 1995	106	204	17.73	—	$1,879
Mar 1995	133	207	16.44	—	$2,187
Feb 1995	64	180	16.58	—	$1,061
Jan 1995	119	195	15.92	—	$1,894
Dec 1994	114	204	15.03	—	$1,713
Nov 1994	95	205	15.90	—	$1,511
Oct 1994	121	228	15.58	—	$1,885
Sep 1994	83	232	15.29	—	$1,269
Aug 1994	114	261	16.13	—	$1,839
Jul 1994	88	259	17.56	—	$1,545
Jun 1994	135	247	17.09	—	$2,307
May 1994	79	244	15.88	—	$1,255
Apr 1994	136	236	14.14	—	$1,923
Mar 1994	85	218	12.46	—	$1,059
Feb 1994	117	182	12.50	—	$1,463
Jan 1994	336	176	12.66	—	$4,254
Dec 1993	1	155	12.33	—	$12
Nov 1993	1	162	14.49	—	$14
Oct 1993	126	186	15.85	—	$1,997
Sep 1993	124	195	15.03	—	$1,864
Aug 1993	170	221	15.66	—	$2,662
Jul 1993	66	244	15.46	—	$1,020
Jun 1993	74	241	16.79	—	$1,242
May 1993	138	256	17.68	—	$2,440
Apr 1993	176	244	18.05	—	$3,177
Mar 1993	125	207	18.14	—	$2,268
Feb 1993	277	261	17.90	—	$4,958
Jan 1993	1	280	16.93	—	$17

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.

Jun 2016 — as filed, then multipliedworked

Oil                   97 bbl  × $ 45.35 =     $4,399
Casinghead gas         0 Mcf  × $  2.69 =         $0

────────────────────────────────────────────────────
Month total                                   $4,399

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/29332 is the state's own key, not one this site invented.