PFLUGER -F-

Operated by INDEPENDENCE RESOURCES MGMT, LLC (P-5 423716) in the LOWER HALF (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37526District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.2 M
Feb 2005 – Mar 2020
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
182
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 46 leases and 237 wells, and the rule below applies to all of them.

Discovered
1985-05-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-10-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition24,636 bbl$1,641,165
Casinghead gasProduction121,383 Mcf$565,230
Total$2,206,395

Every month this lease reported (182)

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

182 months

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 201910062155.052.66$7,155
Aug 2019056853.112.30$1,309
Jul 20194053656.272.46$3,569
Jun 2019042352.782.49$1,054
May 2019035358.482.74$967
Apr 20196045762.632.75$5,015
Mar 2019051156.803.06$1,565
Feb 20197759350.852.79$5,571
Jan 20199881046.033.23$7,126
Dec 20181011,04846.594.19$9,092
Nov 201801,01852.934.24$4,314
Oct 2018781,00761.443.40$8,214
Sep 2018851,14059.543.11$8,604
Aug 2018661,13059.403.07$7,386
Jul 2018691,40165.142.93$8,602
Jun 201801,13560.183.08$3,492
May 2018711,18365.382.90$8,074
Apr 2018771,59463.842.90$9,540
Mar 2018781,63561.222.79$9,332
Feb 2018701,45561.782.77$8,349
Jan 2018741,48362.874.01$10,598
Dec 2017741,53057.272.92$8,708
Nov 2017881,23755.423.12$8,734
Oct 20171011,50249.292.98$9,460
Sep 201701,39747.523.09$4,313
Aug 2017981,17445.373.00$7,973
Jul 201710980943.873.09$7,279
Jun 201711968042.493.09$7,156
May 201713676945.373.26$8,680
Apr 201710868247.933.21$7,367
Mar 20172973746.772.98$3,555
Feb 201713088650.452.95$9,175
Jan 201713091849.413.42$9,562
Dec 20161301,05048.763.72$10,248
Nov 20161281,35742.492.64$9,027
Oct 20162401,44646.193.09$15,554
Sep 201611982841.553.10$7,512
Aug 201613086641.442.92$7,920
Jul 20169398241.622.92$6,742
Jun 201610153145.352.69$6,007
May 20161031,09042.521.99$6,550
Apr 2016981,05636.561.99$5,685
Mar 201623577233.011.79$9,142
Feb 201610441826.472.06$3,615
Jan 201618738627.352.36$6,027
Dec 201519434832.362.00$6,974
Nov 201512140538.792.17$5,571
Oct 201502543.552.43$61
Sep 20157128942.992.76$3,849
Aug 2015083140.162.87$2,387
Jul 2015031548.152.95$928
Jun 20156627256.152.88$4,490
May 2015081255.212.96$2,400
Apr 20156864449.822.71$5,131
Mar 20156154542.892.93$4,216
Feb 2015067444.662.98$2,006
Jan 201511078343.433.10$7,205
Dec 2014072854.693.59$2,615
Nov 20147178270.464.25$8,328
Oct 20141001,02178.303.90$11,813
Sep 201420890986.164.05$21,599
Aug 20141871,14089.394.04$21,316
Jul 201401,22796.564.18$5,128
Jun 201413182598.164.74$16,767
May 20141321,19694.734.73$18,157
Apr 20141941,31995.944.81$24,956
Mar 20141211,01695.895.06$16,740
Feb 201439789797.406.19$44,222
Jan 201427164290.404.86$27,619
Dec 2013020391.824.35$884
Nov 201310027588.853.74$9,913
Oct 201310531697.423.78$11,423
Sep 201376425104.113.72$9,492
Aug 20130322104.253.52$1,134
Jul 2013153533102.523.72$17,667
Jun 20136835194.403.93$7,800
May 20136442294.834.15$7,820
Apr 20136743593.964.28$8,158
Mar 20136046693.623.91$7,441
Feb 20135924291.233.42$6,210
Jan 20136025091.603.42$6,351
Dec 20126320586.773.42$6,168
Nov 20126428386.953.62$6,591
Oct 20126228889.383.40$6,521
Sep 201217137294.672.92$17,274
Aug 201211647492.662.91$12,127
Jul 20126915885.133.02$6,351
Jun 20127549079.822.52$7,221
May 20126851991.612.49$7,521
Apr 201271548101.652.00$8,311
Mar 2012151560105.052.22$17,107
Feb 201279496101.102.57$9,262
Jan 201215756398.092.73$16,939
Dec 20117754696.873.24$9,228
Nov 201115555595.723.31$16,674
Oct 201116661084.983.65$16,332
Sep 20118651583.623.99$9,244
Aug 20119550483.404.15$10,014
Jul 201115646294.144.52$16,773
Jun 20115952592.904.64$7,917
May 20116439798.134.40$8,029
Apr 201173487105.964.33$9,845
Mar 20117461696.364.06$9,630
Feb 20115540285.644.18$6,391
Jan 20116826886.504.59$7,112
Dec 201014167785.734.35$15,031
Nov 20106960780.843.80$7,882
Oct 201015464678.103.51$14,294
Sep 201015687372.633.98$14,804
Aug 20104549873.684.42$5,516
Jul 20109727772.554.74$8,349
Jun 20107026670.364.91$6,231
May 201016938471.124.24$13,646
Apr 20107535181.694.12$7,574
Mar 201010933678.394.39$10,019
Feb 20102964473.585.44$5,639
Jan 20101726574.365.96$2,845
Dec 20096232171.445.48$6,190
Nov 20098838674.593.75$8,012
Oct 20096229372.544.11$5,702
Sep 200921542065.543.06$15,378
Aug 200911348767.423.22$9,186
Jul 200919756561.133.46$14,000
Jun 200911453766.163.90$9,634
May 200922581754.743.93$15,524
Apr 200925441546.773.59$13,368
Mar 20091031,02742.144.06$8,509
Feb 200914890132.814.63$9,030
Jan 2009641,08235.865.37$8,106
Dec 200812594337.105.98$10,274
Nov 200813598355.496.86$14,235
Oct 20088980175.246.92$12,241
Sep 200879788101.767.88$14,246
Aug 2008178739114.228.48$26,600
Jul 2008105852131.0811.39$23,467
Jun 2008210758131.3313.03$37,458
May 2008200744123.1711.57$33,245
Apr 2008188865110.3110.45$29,782
Mar 2008185754101.909.66$26,138
Feb 20087560092.538.77$12,202
Jan 200816165890.388.21$19,951
Dec 200718181688.337.30$21,946
Nov 200729787691.677.29$33,614
Oct 200710182582.856.92$14,078
Sep 200719974575.846.24$19,744
Aug 200719672669.066.39$18,173
Jul 200731577170.906.39$27,259
Jun 200720283162.007.55$18,797
May 200727174958.747.85$21,795
Apr 200718170759.617.81$16,308
Mar 20074341,43656.927.30$35,189
Feb 200711849955.108.22$10,602
Jan 200714256950.306.73$10,970
Dec 20062771,07856.656.92$23,150
Nov 20063621,13754.207.62$28,281
Oct 20063801,10054.906.01$27,477
Sep 20063241,28960.085.04$25,959
Aug 200629349068.717.34$23,729
Jul 200613540969.376.34$11,959
Jun 200617641366.286.38$14,302
May 200612155566.016.42$11,553
Apr 200613940964.397.36$11,961
Mar 200617249456.707.08$13,251
Feb 200616945457.597.75$13,252
Jan 200624251060.598.93$19,219
Dec 200524651754.9413.42$20,451
Nov 200516649154.6910.59$14,277
Oct 200525255558.3413.80$22,358
Sep 200523234661.4512.08$18,436
Aug 200566239461.519.80$44,580
Jul 200548438455.697.84$29,966
Jun 200530239552.337.38$18,719
May 200532740545.226.65$17,481
Apr 200567244249.207.36$36,316
Mar 200584853150.377.15$46,513
Feb 200598954345.226.31$48,150

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.

Sep 2019 — as filed, then multipliedworked
Oil                  100 bbl  × $ 55.05 =     $5,505
Casinghead gas       621 Mcf  × $  2.66 =     $1,650

────────────────────────────────────────────────────
Month total                                   $7,155

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/37526 is the state's own key, not one this site invented.