FORTUNE

Operated by LARIO OIL & GAS COMPANY (P-5 486710) 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 34982District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.4 M
Jun 1996 – Aug 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
327
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
OilDisposition177,009 bbl$8,072,568
Casinghead gasProduction274,762 Mcf$1,284,506
Total$9,357,074

11,058 Mcf of this lease's gas, across 7 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 (4)

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 32.3020, -101.9026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.30188, -101.90268 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
9,108 ft
4 wells filed one
Completion to plug
21.8 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 9,100 and 9,115 ft, median 9,108 ft, over the 4 wells that filed a depth.

Completions filed
Sep 2000 – May 2025
4 of 4 wells
Plug dates filed
Jun 2022 – Feb 2026
4 of 4 wells

Last completion to plug: a median of 21.8 years across the 4 wells that filed both dates, with the middle half between 16.4 years and 22.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3173400919,100 ftMay 2025Jan 2026Yes
42-3173429149,115 ftOct 2000Jun 2022Yes
42-3173429339,115 ftOct 2000Feb 2026Yes
42-3173429029,100 ftSep 2000Jun 2022Yes

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 (327)

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

327 months

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 2020167016.921.81$2,826
Apr 2020346714.751.80$5,116
Mar 2020357030.341.86$10,831
Feb 20200049.881.98$0
Jan 2020164057.252.09$9,389
Dec 2019176059.012.30$10,386
Nov 2019184055.302.75$10,175
Oct 2019179053.472.42$9,571
Sep 2019360055.052.66$19,818
Aug 2019174053.112.30$9,241
Jul 20191806456.272.46$10,286
Jun 20191787152.782.49$9,572
May 201934115858.482.74$20,375
Apr 201935529962.632.75$23,056
Mar 2019359056.803.06$20,391
Feb 2019184650.852.79$9,373
Jan 2019346046.033.23$15,926
Dec 2018176046.594.19$8,200
Nov 2018179852.934.24$9,508
Oct 201836014261.443.40$22,601
Sep 201818020259.543.11$11,345
Aug 201818040559.403.07$11,934
Jul 201817123565.142.93$11,828
Jun 201836132060.183.08$22,710
May 201844744765.382.90$30,522
Apr 201836222863.842.90$23,771
Mar 2018183061.222.79$11,203
Feb 20183611261.782.77$22,336
Jan 2018364562.874.01$22,905
Dec 201718430157.272.92$11,417
Nov 201736357655.423.12$21,914
Oct 201736168849.292.98$19,846
Sep 201717966447.523.09$10,556
Aug 201734668245.373.00$17,747
Jul 201735169243.873.09$17,535
Jun 201735868042.493.09$17,311
May 201735971245.373.26$18,611
Apr 2017358047.933.21$17,159
Mar 201735960746.772.98$18,602
Feb 201718147450.452.95$10,531
Jan 201735063049.413.42$19,447
Dec 201635158748.763.72$19,300
Nov 201635057442.492.64$16,389
Oct 201633866046.193.09$17,652
Sep 201635763541.553.10$16,802
Aug 201634468841.442.92$16,267
Jul 201633572641.622.92$16,066
Jun 201633358845.352.69$16,681
May 201653261742.521.99$23,849
Apr 201634760236.561.99$13,885
Mar 201617747033.011.79$6,686
Feb 201618333626.472.06$5,537
Jan 201634644127.352.36$10,506
Dec 201517240432.362.00$6,374
Nov 201535444038.792.17$14,685
Oct 201535939143.552.43$16,583
Sep 2015029542.992.76$814
Aug 201518133640.162.87$8,234
Jul 201515335548.152.95$8,412
Jun 2015034756.152.88$1,000
May 201517940755.212.96$11,085
Apr 201518037649.822.71$9,985
Mar 201517941742.892.93$8,901
Feb 201518235444.662.98$9,182
Jan 201518233343.433.10$8,937
Dec 201436153354.693.59$21,657
Nov 201417759070.464.25$14,980
Oct 201436368778.303.90$31,103
Sep 201436374486.164.05$34,286
Aug 201435569689.394.04$34,542
Jul 201435977096.564.18$37,883
Jun 201436167798.164.74$38,643
May 201418067394.734.73$20,232
Apr 201417955795.944.81$19,852
Mar 201436070295.895.06$38,070
Feb 201436058497.406.19$38,680
Jan 201417669090.404.86$19,264
Dec 201335860191.824.35$35,489
Nov 201336256188.853.74$34,261
Oct 201333366497.423.78$34,950
Sep 20131681,032104.113.72$21,327
Aug 2013495685104.253.52$54,017
Jul 2013337546102.523.72$36,579
Jun 201333494594.403.93$35,247
May 201350296594.834.15$51,609
Apr 20136561,03293.964.28$66,057
Mar 201366877993.623.91$65,586
Feb 201333564291.233.42$32,758
Jan 201316950891.603.42$17,218
Dec 201250663686.773.42$46,081
Nov 201234150786.953.62$31,488
Oct 201233654389.383.40$31,878
Sep 201233679894.672.92$34,138
Aug 201233577692.662.91$33,298
Jul 201250297485.133.02$45,678
Jun 201231393679.822.52$27,341
May 20126751,04191.612.49$64,427
Apr 2012504907101.652.00$53,043
Mar 2012338801105.052.22$37,287
Feb 2012500828101.102.57$52,678
Jan 201250782998.092.73$51,998
Dec 201143481896.873.24$44,692
Nov 201135089795.723.31$36,472
Oct 201150298884.983.65$46,265
Sep 201148878683.623.99$43,939
Aug 201149194483.404.15$44,866
Jul 2011681094.144.52$64,109
Jun 201164091692.904.64$63,706
May 20113421,07298.134.40$38,282
Apr 20113371,027105.964.33$40,159
Mar 20115041,05096.364.06$52,826
Feb 201133781785.644.18$32,276
Jan 201166084886.504.59$60,981
Dec 20105191,02685.734.35$48,955
Nov 201068883980.843.80$58,802
Oct 20103621,02878.103.51$31,879
Sep 201034699772.633.98$29,098
Aug 20106821,12273.684.42$55,208
Jul 20105111,09672.554.74$42,264
Jun 20106791,15670.364.91$53,451
May 20103341,17471.124.24$28,726
Apr 20106741,08581.694.12$59,532
Mar 20105161,15878.394.39$45,531
Feb 201034689173.585.44$30,308
Jan 201050993274.365.96$43,408
Dec 20096631,09271.445.48$53,353
Nov 20093361,08674.593.75$29,136
Oct 20094981,19772.544.11$41,045
Sep 20095051,16265.543.06$36,659
Aug 20096741,25867.423.22$49,490
Jul 20095031,20661.133.46$34,927
Jun 20096661,18666.163.90$48,682
May 20095091,15254.743.93$32,385
Apr 20095021,20546.773.59$27,801
Mar 20096891,22442.144.06$34,003
Feb 200952068132.814.63$20,216
Jan 200969186435.865.37$29,420
Dec 20085161,03937.105.98$25,354
Nov 200864375955.496.86$40,887
Oct 200867110275.246.92$51,192
Sep 2008509357101.767.88$54,608
Aug 20086911,265114.228.48$89,657
Jul 20086861,291131.0811.39$104,625
Jun 20086761,246131.3313.03$105,018
May 20085181,352123.1711.57$79,451
Apr 20087061,249110.3110.45$90,937
Mar 20085121,051101.909.66$62,330
Feb 20086931,05292.538.77$73,350
Jan 20088521,13390.388.21$86,301
Dec 20076901,11288.337.30$69,067
Nov 20075181,10091.677.29$55,506
Oct 20076831,15382.856.92$64,568
Sep 20076671,14575.846.24$57,735
Aug 20076991,16669.066.39$55,721
Jul 200767191170.906.39$53,393
Jun 200769580562.007.55$49,167
May 200751396958.747.85$37,737
Apr 200770699459.617.81$49,843
Mar 200768082556.927.30$44,730
Feb 200753499955.108.22$37,631
Jan 20077151,13150.306.73$43,573
Dec 20065381,17956.656.92$38,635
Nov 20067031,17954.207.62$47,084
Oct 200669785854.906.01$43,425
Sep 200667919760.085.04$41,787
Aug 200667080068.717.34$51,908
Jul 20066811,23769.376.34$55,087
Jun 20065181,06066.286.38$41,100
May 20065261,15966.016.42$42,168
Apr 20067121,42264.397.36$56,312
Mar 20066911,22556.707.08$47,856
Feb 20066981,19157.597.75$49,429
Jan 20067071,27560.598.93$54,227
Dec 200570593154.9413.42$51,222
Nov 20057161,12254.6910.59$51,038
Oct 20057011,10358.3413.80$56,113
Sep 200568697961.4512.08$53,980
Aug 20056881,32161.519.80$55,261
Jul 20057061,22155.697.84$48,894
Jun 20057031,33652.337.38$46,649
May 20058721,40545.226.65$48,777
Apr 20058771,46849.207.36$53,954
Mar 20051,0541,51250.377.15$63,908
Feb 20057091,36945.226.31$40,702
Jan 20058641,29043.166.32$45,446
Dec 20048681,13239.866.75$42,241
Nov 20048461,21845.286.33$46,017
Oct 20048671,49849.706.52$52,850
Sep 20048641,06043.245.28$42,960
Aug 20048661,47542.375.55$44,880
Jul 20048671,46538.286.08$42,102
Jun 20048441,47736.106.43$39,970
May 20048701,50237.486.49$42,362
Apr 20048601,44334.475.86$38,098
Mar 20048711,42934.365.53$37,830
Feb 20048441,18432.455.51$33,911
Jan 20041,0321,15432.036.30$40,325
Dec 20038381,33930.266.30$33,796
Nov 20038451,24928.804.60$30,075
Oct 20031,0161,63428.174.76$36,398
Sep 20038541,47726.314.75$29,484
Aug 20037031,54329.765.13$28,836
Jul 20038461,72529.415.17$33,801
Jun 20038881,64828.565.98$35,221
May 20038941,77426.595.97$34,367
Apr 20031,0731,62626.675.41$37,409
Mar 20031,0771,47531.146.10$42,529
Feb 20038831,21433.487.93$39,185
Jan 20031,0671,48330.315.58$40,619
Dec 20021,0781,43926.914.85$35,994
Nov 20021,0821,54324.664.14$33,065
Oct 20021,2441,66826.464.23$39,970
Sep 20021,2391,76427.443.64$40,411
Aug 20021,0681,77825.963.16$33,351
Jul 20021,2431,83924.583.06$36,184
Jun 20021,0431,85823.733.34$30,953
May 20021,0711,82124.663.58$32,937
Apr 20021,4241,63323.653.51$39,413
Mar 20029001,54322.003.10$24,588
Feb 20021,2261,61718.222.38$26,179
Jan 20021,0401,61617.172.38$21,696
Dec 20011,2162,08216.932.36$25,510
Nov 20011,3182,19318.072.41$29,092
Oct 20011,5492,32219.782.53$36,511
Sep 20011,0562,48224.262.25$31,206
Aug 20011,5543,26324.873.05$48,610
Jul 20011,8653,86523.933.20$56,986
Jun 20011,2442,53924.563.82$40,262
May 20011,5222,94325.524.31$51,518
Apr 20011,7823,57424.685.34$63,048
Mar 20011,9223,25324.545.38$64,655
Feb 20012,1333,42027.755.77$78,914
Jan 20012,5032,72327.478.40$91,627
Dec 20002,8723,26626.889.12$106,993
Nov 20002,8583,45932.215.66$111,627
Oct 20001,7651,85231.235.15$64,650
Sep 200052564931.875.19$20,098
Aug 200034762829.644.54$13,137
Jul 200050659228.534.09$16,857
Jun 200050659129.304.40$17,425
May 200034864127.263.68$11,845
Apr 200051656724.513.12$14,414
Mar 200033761028.422.86$11,322
Feb 200051050127.622.73$15,452
Jan 200034555025.272.48$10,082
Dec 199969254524.282.42$18,123
Nov 199952457223.192.43$13,544
Oct 199934645420.982.80$8,532
Sep 199917241621.752.62$4,830
Aug 199951170719.262.88$11,875
Jul 199951662817.892.37$10,721
Jun 199936063515.942.36$7,238
May 199951564215.792.32$9,622
Apr 199952652415.102.21$9,100
Mar 1999504012.471.84$6,285
Feb 19995104599.981.82$5,924
Jan 199949254610.381.90$6,144
Dec 19985246039.201.77$5,890
Nov 199853152410.892.19$6,928
Oct 199853059012.421.97$7,744
Sep 199851865812.592.08$7,892
Aug 199851668711.301.91$7,141
Jul 199842375311.742.24$6,651
Jun 199853467011.242.24$7,501
May 199851981912.622.21$8,357
Apr 199853480713.042.51$8,985
Mar 199850272512.802.31$8,100
Feb 199868665613.952.30$11,078
Jan 199853874614.702.15$9,516
Dec 199767165616.322.41$12,532
Nov 199769078718.193.09$14,982
Oct 19975221,07319.253.15$13,428
Sep 19976921,16117.742.95$15,707
Aug 199768683817.862.55$14,393
Jul 199769658617.582.25$13,552
Jun 199786390417.242.26$16,919
May 199769394818.972.31$15,335
Apr 199780189317.882.08$16,182
Mar 19971,0461,09318.951.94$21,941
Feb 19976971,02120.492.21$16,534
Jan 19978821,31223.483.54$25,353
Dec 19961,0551,72223.32$24,603
Nov 19961,2212,00821.97$26,825
Oct 19968791,37923.31$20,489
Sep 19961,0511,55022.22$23,353
Aug 19961,5531,76120.26$31,464
Jul 19961,9042,19619.55$37,223
Jun 199617044218.73$3,184

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 2020 — as filed, then multipliedworked
Oil                  167 bbl  × $ 16.92 =     $2,826
Casinghead gas         0 Mcf  × $  1.81 =         $0

────────────────────────────────────────────────────
Month total                                   $2,826

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/34982 is the state's own key, not one this site invented.