HOLY GRAIL 43

Operated by OVINTIV USA INC. (P-5 628658) 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 38323District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.8 M
Jun 2007 – Oct 2020
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
161
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
OilDisposition20,661 bbl$1,542,769
Casinghead gasProduction39,995 Mcf$238,221
Total$1,780,990

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 32.0769, -101.8604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 40.5 miles, so treat it as the lease's centre and not as its location.

32.07687, -101.86042 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,715 ft
2 wells filed one
Completion to plug
6.7 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 8,920 and 10,510 ft, median 9,715 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2007 – Jul 2007
2 of 2 wells
Plug dates filed
Jun 2008 – Oct 2019
2 of 2 wells

Last completion to plug: a median of 6.7 years across the 2 wells that filed both dates, with the middle half between 3.8 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-32935671210,510 ftJul 2007Jun 2008Yes
42-2273605618,920 ftJun 2007Oct 2019Yes

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 (161)

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

161 months

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 201995059.012.30$5,606
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 201857061.443.40$3,502
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201893361.782.77$5,754
Jan 201803462.874.01$136
Dec 201702057.272.92$58
Nov 201704655.423.12$143
Oct 201705049.292.98$149
Sep 201705247.523.09$161
Aug 201705645.373.00$168
Jul 2017965843.873.09$4,391
Jun 201705842.493.09$179
May 201705945.373.26$193
Apr 201705247.933.21$167
Mar 201701046.772.98$30
Feb 2017945050.452.95$4,890
Jan 201715549.413.42$237
Dec 201605448.763.72$201
Nov 201605242.492.64$138
Oct 20161912846.193.09$8,909
Sep 2016136241.553.10$732
Aug 20161365541.442.92$5,797
Jul 20161285341.622.92$5,482
Jun 20161825045.352.69$8,388
May 2016504342.521.99$2,212
Apr 20161791436.561.99$6,572
Mar 201653933.011.79$235
Feb 2016788626.472.06$2,242
Jan 2016110727.352.36$280
Dec 20151435932.362.00$4,746
Nov 201503238.792.17$69
Oct 201528724243.552.43$13,086
Sep 2015038442.992.76$1,059
Aug 2015023240.162.87$666
Jul 201514940548.152.95$8,367
Jun 20150056.152.88$0
May 20159726155.212.96$6,127
Apr 201510543949.822.71$6,419
Mar 20159935742.892.93$5,294
Feb 201510929344.662.98$5,740
Jan 201569443.433.10$552
Dec 2014062754.693.59$2,252
Nov 201410625770.464.25$8,561
Oct 2014943978.303.90$7,512
Sep 201407686.164.05$307
Aug 201406389.394.04$254
Jul 201402096.564.18$84
Jun 201413511498.164.74$13,792
May 2014514194.734.73$1,140
Apr 2014408095.944.81$39,144
Mar 2014125095.895.06$11,986
Feb 20141197.406.19$104
Jan 20147990.404.86$677
Dec 2013156891.824.35$14,359
Nov 20133288.853.74$274
Oct 20131097.423.78$97
Sep 20136713104.113.72$7,024
Aug 20135441104.253.52$5,774
Jul 201312141102.523.72$12,557
Jun 20138815994.403.93$8,933
May 201322416594.834.15$21,927
Apr 2013719993.964.28$7,095
Mar 20134414193.623.91$4,671
Feb 20131029791.233.42$9,637
Jan 20136212791.603.42$6,114
Dec 2012869786.773.42$7,794
Nov 20125530586.953.62$5,888
Oct 201211238889.383.40$11,330
Sep 20124543094.672.92$5,515
Aug 20125741092.662.91$6,474
Jul 201212548385.133.02$12,100
Jun 20127230579.822.52$6,515
May 20127417491.612.49$7,212
Apr 20128396101.652.00$8,629
Mar 201210599105.052.22$11,250
Feb 201263117101.102.57$6,670
Jan 201210118598.092.73$10,413
Dec 2011568696.873.24$5,703
Nov 201113519195.723.31$13,555
Oct 2011015184.983.65$551
Sep 20118919983.623.99$8,235
Aug 20118418983.404.15$7,790
Jul 20114821994.144.52$5,508
Jun 20111620992.904.64$2,456
May 20117620798.134.40$8,370
Apr 20111312105.964.33$13,889
Mar 201122312596.364.06$21,995
Feb 2011654885.644.18$5,767
Jan 20111886.504.59$123
Dec 20101485.734.35$103
Nov 20102080.843.80$162
Oct 201031278.103.51$2,428
Sep 20100072.633.98$0
Aug 201018273.684.42$1,335
Jul 20104172.554.74$295
Jun 201017170.364.91$1,201
May 201032171.124.24$2,280
Apr 20102281.694.12$172
Mar 201041078.394.39$357
Feb 2010152173.585.44$1,218
Jan 2010332974.365.96$2,627
Dec 20097814871.445.48$6,384
Nov 200910234874.593.75$8,914
Oct 200917843172.544.11$14,684
Sep 200917348565.543.06$12,825
Aug 200936352567.423.22$26,163
Jul 200951055061.133.46$33,082
Jun 200959334566.163.90$40,577
May 200972837854.743.93$41,335
Apr 200941137546.773.59$20,568
Mar 200941742742.144.06$19,306
Feb 200934041232.814.63$13,064
Jan 200935944835.865.37$15,280
Dec 200830931037.105.98$13,317
Nov 200830033155.496.86$18,918
Oct 200830837675.246.92$25,777
Sep 2008169192101.767.88$18,710
Aug 2008279386114.228.48$35,142
Jul 2008332375131.0811.39$47,790
Jun 2008165563131.3313.03$29,007
May 2008496933123.1711.57$71,891
Apr 20081741,014110.3110.45$29,795
Mar 20083311,127101.909.66$44,620
Feb 20083381,09392.538.77$40,861
Jan 20083411,23990.388.21$40,986
Dec 20075211,35588.337.30$55,914
Nov 20075162,20991.677.29$63,409
Oct 20078603,43882.856.92$95,049
Sep 20071,0393,48875.846.24$100,577
Aug 20071,8803,21569.066.39$150,370
Jul 20071,7222,39970.906.39$137,414
Jun 20070062.007.55$0

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.

Dec 2019 — as filed, then multipliedworked
Oil                   95 bbl  × $ 59.01 =     $5,606
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $5,606

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/38323 is the state's own key, not one this site invented.