SCHARBAUER -36-

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) 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 29398District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$223 k
Jan 1993 – Jan 1998
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
61
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.

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
OilDisposition12,899 bbl$221,756
Casinghead gasProduction1,755 Mcf$804
Total$222,560

1,440 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 32.0035, -102.1706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00348, -102.17061 · 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
0.0%
0 of 1 wells
Median depth
13,310 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
1100.0%
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.
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 13,310 ft.

Completions filed
Sep 1984
1 of 1 wells

1 well

42-32931307113,310 ftSep 1984Yes

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 (61)

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

61 months

Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19971201518.193.09$2,229
Oct 19971803019.253.15$3,559
Sep 19973153017.742.95$5,677
Aug 19971853017.862.55$3,381
Jul 19971793017.582.25$3,214
Jun 19971833017.242.26$3,223
May 19971873018.972.31$3,617
Apr 19971823017.882.08$3,317
Mar 19971853018.951.94$3,564
Feb 19971883020.492.21$3,918
Jan 19972053023.483.54$4,920
Dec 19961813023.32$4,221
Nov 19963703021.97$8,129
Oct 19961913023.31$4,452
Sep 19961803022.22$4,000
Aug 19961893020.26$3,829
Jul 19961743019.55$3,402
Jun 19961813018.73$3,390
May 19961803019.43$3,497
Apr 19961763021.51$3,786
Mar 19963443019.38$6,667
Feb 19961903016.98$3,226
Jan 19961843017.07$3,141
Dec 19951883017.19$3,232
Nov 19951853016.00$2,960
Oct 19953503015.43$5,401
Sep 19951853016.18$2,993
Aug 19951823015.92$2,897
Jul 19951863015.24$2,835
Jun 19951863016.41$3,052
May 19953673017.56$6,445
Apr 19951833017.73$3,245
Mar 19951823016.44$2,992
Feb 19951843016.58$3,051
Jan 19951773015.92$2,818
Dec 19943503015.03$5,261
Nov 19941843015.90$2,926
Oct 19941793015.58$2,789
Sep 19943543015.29$5,413
Aug 19941783016.13$2,871
Jul 19941763017.56$3,091
Jun 19941773017.09$3,025
May 19943283015.88$5,209
Apr 19941833014.14$2,588
Mar 19943533012.46$4,398
Feb 19941813012.50$2,263
Jan 19941853012.66$2,342
Dec 19933383012.33$4,168
Nov 19931793014.49$2,594
Oct 19931813015.85$2,869
Sep 19933583015.03$5,381
Aug 19931803015.66$2,819
Jul 19931683015.46$2,597
Jun 19933603016.79$6,044
May 19931843017.68$3,253
Apr 19931863018.05$3,357
Mar 19933623018.14$6,567
Feb 19931853017.90$3,312
Jan 19931863016.93$3,149

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.

Nov 1997 — as filed, then multipliedworked
Oil                  120 bbl  × $ 18.19 =     $2,183
Casinghead gas        15 Mcf  × $  3.09 =        $46

────────────────────────────────────────────────────
Month total                                   $2,229

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/29398 is the state's own key, not one this site invented.