DRAKE -A-

Operated by CUTBOW OPERATING, LLC (P-5 195763) 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 31728District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.4 M
Jan 1993 – Nov 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
359
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
OilDisposition50,945 bbl$1,906,013
Casinghead gasProduction157,206 Mcf$526,977
Total$2,432,991

39,016 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 31.9365, -102.0163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93650, -102.01629 · 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
9,400 ft
1 wells filed one
Completion to plug
33.7 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 9,400 ft.

Completions filed
Mar 1988
1 of 1 wells
Plug dates filed
Nov 2021
1 of 1 wells

Last completion to plug: a median of 33.7 years across the 1 well that filed both dates, with the middle half between 33.7 years and 33.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293196719,400 ftMar 1988Nov 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 (359)

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

359 months

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 201801065.382.90$29
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017142047.523.09$6,748
Aug 20170045.373.00$0
Jul 2017026143.873.09$806
Jun 201717823042.493.09$8,273
May 2017023145.373.26$754
Apr 201716520047.933.21$8,551
Mar 201717132046.772.98$8,952
Feb 2017034250.452.95$1,010
Jan 2017039349.413.42$1,344
Dec 201617440548.763.72$9,992
Nov 201617339842.492.64$8,403
Oct 2016039746.193.09$1,227
Sep 201616439541.553.10$8,039
Aug 201616643241.442.92$8,142
Jul 2016042641.622.92$1,246
Jun 201618142745.352.69$9,355
May 201617846742.521.99$8,498
Apr 2016042936.561.99$854
Mar 201617047233.011.79$6,458
Feb 201617442726.472.06$5,487
Jan 201616846227.352.36$5,687
Dec 201516941432.362.00$6,297
Nov 2015038238.792.17$828
Oct 201515833543.552.43$7,694
Sep 2015032442.992.76$894
Aug 201517333740.162.87$7,916
Jul 2015033848.152.95$995
Jun 201518232856.152.88$11,165
May 2015033655.212.96$993
Apr 201517936049.822.71$9,892
Mar 201518339942.892.93$9,020
Feb 2015036144.662.98$1,074
Jan 201516540043.433.10$8,406
Dec 201417739754.693.59$11,106
Nov 2014037170.464.25$1,577
Oct 201417635878.303.90$15,177
Sep 201418226286.164.05$16,741
Aug 2014014189.394.04$569
Jul 2014033396.564.18$1,392
Jun 201417031798.164.74$18,189
May 201417334794.734.73$18,028
Apr 2014130295.944.81$1,548
Mar 201417415795.895.06$17,479
Feb 2014028097.406.19$1,734
Jan 201418230990.404.86$17,955
Dec 2013027991.824.35$1,215
Nov 2013027088.853.74$1,009
Oct 201316827997.423.78$17,421
Sep 20130256104.113.72$952
Aug 20130276104.253.52$972
Jul 2013183287102.523.72$19,828
Jun 20131666494.403.93$15,922
May 2013167094.834.15$15,837
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013024091.233.42$821
Jan 201317026691.603.42$16,482
Dec 201217532586.773.42$16,296
Nov 2012029886.953.62$1,080
Oct 201216530689.383.40$15,788
Sep 201216628394.672.92$16,541
Aug 2012035492.662.91$1,029
Jul 201217133885.133.02$15,578
Jun 2012034079.822.52$856
May 201216934091.612.49$16,328
Apr 20120332101.652.00$663
Mar 2012173337105.052.22$18,922
Feb 2012179303101.102.57$18,876
Jan 201217931898.092.73$18,428
Dec 201117230996.873.24$17,663
Nov 201116629595.723.31$16,866
Oct 2011033484.983.65$1,219
Sep 201116733083.623.99$15,280
Aug 201116734083.404.15$15,339
Jul 201116533794.144.52$17,055
Jun 2011032592.904.64$1,508
May 2011029098.134.40$1,277
Apr 2011336222105.964.33$36,565
Mar 2011031596.364.06$1,278
Feb 2011027685.644.18$1,154
Jan 2011028486.504.59$1,303
Dec 2010024585.734.35$1,065
Nov 2010021980.843.80$831
Oct 2010020778.103.51$726
Sep 20105912072.633.98$4,763
Aug 20101661673.684.42$12,302
Jul 2010012372.554.74$583
Jun 2010043070.364.91$2,111
May 201017350571.124.24$14,443
Apr 2010050081.694.12$2,061
Mar 201016850778.394.39$15,395
Feb 201018344373.585.44$15,876
Jan 2010049274.365.96$2,934
Dec 200916249271.445.48$14,271
Nov 200917347574.593.75$14,686
Oct 200916850672.544.11$14,267
Sep 200916350065.543.06$12,215
Aug 200917052867.423.22$13,161
Jul 2009052561.133.46$1,819
Jun 200916752666.163.90$13,097
May 200916233754.743.93$10,191
Apr 200916620446.773.59$8,496
Mar 2009020342.144.06$824
Feb 200917815132.814.63$6,540
Jan 2009021935.865.37$1,176
Dec 200817125337.105.98$7,856
Nov 200817328455.496.86$11,548
Oct 200816941475.246.92$15,581
Sep 2008174543101.767.88$21,984
Aug 20080561114.228.48$4,759
Jul 2008162587131.0811.39$27,921
Jun 2008173534131.3313.03$29,680
May 20080570123.1711.57$6,597
Apr 2008173542110.3110.45$24,750
Mar 2008171562101.909.66$22,856
Feb 200817049092.538.77$20,028
Jan 200817355190.388.21$20,157
Dec 200717261388.337.30$19,669
Nov 2007044591.677.29$3,245
Oct 200717335382.856.92$16,777
Sep 200716852975.846.24$16,044
Aug 2007026569.066.39$1,693
Jul 200717856070.906.39$16,197
Jun 200717343562.007.55$14,010
May 200717350858.747.85$14,148
Apr 200717852759.617.81$14,724
Mar 200717953156.927.30$14,066
Feb 200719047355.108.22$14,355
Jan 2007050750.306.73$3,411
Dec 200617451456.656.92$13,413
Nov 200618349154.207.62$13,659
Oct 200618252554.906.01$13,149
Sep 200617251160.085.04$12,908
Aug 200617454368.717.34$15,941
Jul 200618254769.376.34$16,095
Jun 200617353266.286.38$14,863
May 2006055466.016.42$3,559
Apr 200617254564.397.36$15,087
Mar 200617555056.707.08$13,818
Feb 200617849457.597.75$14,080
Jan 200617555660.598.93$15,570
Dec 200534753154.9413.42$26,188
Nov 2005052754.6910.59$5,580
Oct 200516855958.3413.80$17,513
Sep 200518454861.4512.08$17,926
Aug 200533951561.519.80$25,897
Jul 200516456655.697.84$13,573
Jun 200517253152.337.38$12,920
May 200517743045.226.65$10,864
Apr 200517440149.207.36$11,512
Mar 200518746050.377.15$12,710
Feb 200517740745.226.31$10,573
Jan 200517844543.166.32$10,496
Dec 200417143039.866.75$9,719
Nov 200416738845.286.33$10,018
Oct 200417738349.706.52$11,292
Sep 200417138343.245.28$9,418
Aug 200417117642.375.55$8,222
Jul 200417837638.286.08$9,101
Jun 200417539836.106.43$8,878
May 200417242337.486.49$9,194
Apr 200417341334.475.86$8,383
Mar 200417139934.365.53$8,082
Feb 200417336732.455.51$7,636
Jan 200435237732.036.30$13,650
Dec 200317138330.266.30$7,588
Nov 200317037428.804.60$6,615
Oct 200317139728.174.76$6,707
Sep 200317040326.314.75$6,387
Aug 200316742129.765.13$7,130
Jul 200317739529.415.17$7,248
Jun 200317836928.565.98$7,291
May 200335544526.595.97$12,097
Apr 200317945326.675.41$7,223
Mar 200317742531.146.10$8,103
Feb 200318240433.487.93$9,295
Jan 200318041430.315.58$7,767
Dec 200217442726.914.85$6,755
Nov 200218042324.664.14$6,189
Oct 200218045026.464.23$6,666
Sep 200217535527.443.64$6,093
Aug 200218027125.963.16$5,530
Jul 200218146624.583.06$5,876
Jun 200217244423.733.34$5,564
May 200218026224.663.58$5,378
Apr 200215934723.653.51$4,979
Mar 2002031122.003.10$965
Feb 200217330318.222.38$3,872
Jan 200218632517.172.38$3,966
Dec 200118230916.932.36$3,812
Nov 200118136218.072.41$4,141
Oct 200117935619.782.53$4,441
Sep 200118238524.262.25$5,282
Aug 200117960424.873.05$6,296
Jul 200136657423.933.20$10,594
Jun 2001066424.563.82$2,539
May 200118245025.524.31$6,583
Apr 200117932624.685.34$6,157
Mar 200118744624.545.38$6,987
Feb 200118339527.755.77$7,356
Jan 200118997027.478.40$13,339
Dec 200018588926.889.12$13,083
Nov 200018156332.215.66$9,015
Oct 200018287031.235.15$10,160
Sep 200017981331.875.19$9,921
Aug 200017980529.644.54$8,961
Jul 200018384128.534.09$8,660
Jun 200018983229.304.40$9,196
May 200017876127.263.68$7,653
Apr 200018583024.513.12$7,121
Mar 200018195228.422.86$7,867
Feb 200018486527.622.73$7,441
Jan 200018772225.272.48$6,516
Dec 199936195824.282.42$11,087
Nov 199918097423.192.43$6,545
Oct 199901,02720.982.80$2,879
Sep 199919293721.752.62$6,630
Aug 199918192819.262.88$6,155
Jul 19991811,09417.892.37$5,833
Jun 19991871,03915.942.36$5,435
May 19991821,42115.792.32$6,172
Apr 19991811,24915.102.21$5,491
Mar 199918698512.471.84$4,130
Feb 19991811,0649.981.82$3,741
Jan 199936678410.381.90$5,289
Dec 19981886779.201.77$2,930
Nov 199818296310.892.19$4,087
Oct 199818295212.421.97$4,135
Sep 19983641,11912.592.08$6,913
Aug 199818238111.301.91$2,783
Jul 199817960911.742.24$3,464
Jun 199817794211.242.24$4,097
May 199836073412.622.21$6,163
Apr 199817759313.042.51$3,794
Mar 199835373312.802.31$6,211
Feb 199817070513.952.30$3,992
Jan 199834159514.702.15$6,295
Dec 199716949516.322.41$3,952
Nov 199734151918.193.09$7,806
Oct 199717452519.253.15$5,003
Sep 199717550917.742.95$4,609
Aug 19973451,12517.862.55$9,036
Jul 19971731,23417.582.25$5,814
Jun 19973611,00817.242.26$8,499
May 199717599518.972.31$5,617
Apr 19971801,03317.882.08$5,370
Mar 19975261,04818.951.94$12,000
Feb 199718452220.492.21$4,922
Jan 19971781,19823.483.54$8,420
Dec 19963631,13523.32$8,465
Nov 199635386421.97$7,755
Oct 19963461,07323.31$8,065
Sep 199617241522.22$3,822
Aug 199618060720.26$3,647
Jul 199634566619.55$6,745
Jun 19961791,14718.73$3,353
May 199635596019.43$6,898
Apr 19961771,07421.51$3,807
Mar 199635589019.38$6,880
Feb 19963541,23416.98$6,011
Jan 19963641,13017.07$6,213
Dec 19951791,11917.19$3,077
Nov 19953591,40916.00$5,744
Oct 19953651,45915.43$5,632
Sep 199518077016.18$2,912
Aug 19953571,50315.92$5,683
Jul 19951771,03415.24$2,697
Jun 199518246716.41$2,987
May 199517658417.56$3,091
Apr 199536382417.73$6,436
Mar 19953611,08616.44$5,935
Feb 19951801,13916.58$2,984
Jan 199518171315.92$2,882
Dec 199435768415.03$5,366
Nov 199436475115.90$5,788
Oct 199418474515.58$2,867
Sep 199435885415.29$5,474
Aug 199435886016.13$5,775
Jul 199435183017.56$6,164
Jun 199434269617.09$5,845
May 199417969015.88$2,843
Apr 199436064614.14$5,090
Mar 199435369712.46$4,398
Feb 199417950012.50$2,238
Jan 199435863712.66$4,532
Dec 199335874012.33$4,414
Nov 199335572914.49$5,144
Oct 199318174015.85$2,869
Sep 199335766615.03$5,366
Aug 199335658315.66$5,575
Jul 199335759815.46$5,519
Jun 199317861316.79$2,989
May 199335753117.68$6,312
Apr 199334451418.05$6,209
Mar 199336249118.14$6,567
Feb 199318045517.90$3,222
Jan 199334046416.93$5,756

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.

May 2018 — as filed, then multipliedworked
Oil                    0 bbl  × $ 65.38 =         $0
Casinghead gas        10 Mcf  × $  2.90 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/31728 is the state's own key, not one this site invented.