JONES "252"

Operated by AVID ENERGY ASSETS LLC (P-5 101508) 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 38348District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$6.3 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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
OilDisposition75,995 bbl$5,874,389
Casinghead gasProduction92,638 Mcf$466,580
Total$6,340,969

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 32.4455, -101.9863. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.44450, -101.98754 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
11,014 ft
4 wells filed one
Completion to plug
12.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 11,000 and 11,810 ft, median 11,014 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2007 – May 2017
4 of 4 wells
Plug dates filed
Mar 2020
1 of 4 wells; 3 filed none

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-31734780111,810 ftMay 2017
42-31735076411,000 ftSep 2008
42-31734980311,008 ftApr 2008
42-31734888211,020 ftNov 2007Mar 2020Yes

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 (229)

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

229 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230685.443.09$19
Sep 20231853089.042.74$16,554
Aug 2023182080.522.67$14,655
Jul 20233074.852.64$225
Jun 2023177068.962.26$12,206
May 20231829570.622.23$13,064
Apr 202349378.122.24$521
Mar 202336526672.852.39$27,227
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022186085.005.65$15,810
Oct 20221087.185.86$87
Sep 2022168084.888.16$14,260
Aug 20220094.529.13$0
Jul 20221680101.587.54$17,065
Jun 20221620115.097.98$18,645
May 202210109.378.43$109
Apr 202234226104.226.84$35,821
Mar 2022062108.885.08$315
Feb 20221555791.054.86$14,390
Jan 20223516281.844.54$29,007
Dec 20211666271.323.90$12,081
Nov 202106077.435.24$314
Oct 20213288079.795.71$26,628
Sep 202111969.865.35$172
Aug 20210066.024.22$0
Jul 2021169070.783.98$11,962
Jun 202102969.493.38$98
May 20211573163.483.02$10,060
Apr 202103060.362.76$83
Mar 2021170061.302.72$10,421
Feb 20210057.805.55$0
Jan 2021139050.412.81$7,007
Dec 2020169044.642.68$7,544
Nov 20200038.772.71$0
Oct 2020175036.972.48$6,470
Sep 20200037.091.99$0
Aug 2020137039.982.39$5,477
Jul 2020155038.371.83$5,947
Jun 20200034.901.69$0
May 2020165016.921.81$2,792
Apr 2020162014.751.80$2,390
Mar 20200030.341.86$0
Feb 2020179049.881.98$8,929
Jan 2020168757.252.09$9,633
Dec 201919911059.012.30$11,996
Nov 201915855.302.75$215
Oct 2019163653.472.42$8,730
Sep 20191741655.052.66$9,621
Aug 2019010753.112.30$247
Jul 201917110556.272.46$9,880
Jun 20191203152.782.49$6,411
May 201918411858.482.74$11,084
Apr 201917515762.632.75$11,392
Mar 201917214656.803.06$10,217
Feb 201917715250.852.79$9,425
Jan 2019014146.033.23$455
Dec 201817916546.594.19$9,030
Nov 201816914052.934.24$9,538
Oct 201817619861.443.40$11,486
Sep 2018026159.543.11$811
Aug 201817132559.403.07$11,154
Jul 201833642765.142.93$23,139
Jun 201816642560.183.08$11,298
May 201816545465.382.90$12,105
Apr 201834540563.842.90$23,200
Mar 201816540461.222.79$11,227
Feb 201815433161.782.77$10,430
Jan 201832831262.874.01$21,872
Dec 201716940557.272.92$10,862
Nov 201716445855.423.12$10,517
Oct 201734344149.292.98$18,222
Sep 201717046147.523.09$9,502
Aug 201715842845.373.00$8,454
Jul 201734161343.873.09$16,852
Jun 201717220442.493.09$7,938
May 201716944545.373.26$9,120
Apr 201735441947.933.21$18,313
Mar 201716729346.772.98$8,685
Feb 201717433650.452.95$9,770
Jan 201733731349.413.42$17,721
Dec 201617033148.763.72$9,521
Nov 201633645242.492.64$15,472
Oct 201617551246.193.09$9,665
Sep 201631642541.553.10$14,448
Aug 201615839141.442.92$7,691
Jul 201631130141.622.92$13,824
Jun 201615425045.352.69$7,655
May 201651728642.521.99$22,552
Apr 201621540536.561.99$8,667
Mar 201651819233.011.79$17,444
Feb 20169739426.472.06$3,381
Jan 201636637027.352.36$10,885
Dec 2015348032.362.00$11,261
Nov 20153288438.792.17$12,905
Oct 201533935843.552.43$15,632
Sep 201553325242.992.76$23,609
Aug 201534120940.162.87$14,295
Jul 20151736048.152.95$8,507
Jun 201517315756.152.88$10,167
May 201515826855.212.96$9,515
Apr 201527324449.822.71$14,261
Mar 201533223942.892.93$14,941
Feb 201533638544.662.98$16,152
Jan 201535128643.433.10$16,131
Dec 201433737554.693.59$19,777
Nov 201435743170.464.25$26,987
Oct 201449346878.303.90$40,428
Sep 201433752286.164.05$31,148
Aug 201416569289.394.04$17,542
Jul 201453179596.564.18$54,596
Jun 2014178598.164.74$17,496
May 201435738694.734.73$35,643
Apr 201433166195.944.81$34,935
Mar 201452275495.895.06$53,867
Feb 201435752397.406.19$38,010
Jan 201433678590.404.86$34,190
Dec 201333322491.824.35$31,551
Nov 2013531088.853.74$47,179
Oct 201333427497.423.78$33,574
Sep 2013365387104.113.72$39,439
Aug 201333862104.253.52$35,455
Jul 20136520102.523.72$66,843
Jun 201333417794.403.93$32,226
May 201333760594.834.15$34,468
Apr 201370471893.964.28$69,223
Mar 2013041493.623.91$1,620
Feb 201334048991.233.42$32,691
Jan 201366257491.603.42$62,602
Dec 201235974186.773.42$33,685
Nov 201234978886.953.62$33,202
Oct 201267483189.383.40$63,067
Sep 20123701,05894.672.92$38,116
Aug 20123401,16392.662.91$34,887
Jul 20126741,21685.133.02$61,051
Jun 20125061,35479.822.52$43,800
May 20126741,66691.612.49$65,891
Apr 20128582,037101.652.00$91,283
Mar 2012330717105.052.22$36,260
Feb 2012491127101.102.57$49,967
Jan 2012358098.092.73$35,116
Dec 2011675096.873.24$65,387
Nov 20113355095.723.31$32,232
Oct 2011480084.983.65$40,790
Sep 2011332083.623.99$27,762
Aug 201165434483.404.15$55,971
Jul 201168711894.144.52$65,207
Jun 2011719892.904.64$1,569
May 201152525598.134.40$52,641
Apr 2011672436105.964.33$73,094
Mar 201131351096.364.06$32,230
Feb 201169046985.644.18$61,052
Jan 201135751886.504.59$33,257
Dec 201052759085.734.35$47,745
Nov 201051355380.843.80$43,570
Oct 201049458778.103.51$40,641
Sep 201067757472.633.98$51,455
Aug 201051255473.684.42$40,172
Jul 201051060172.554.74$39,847
Jun 201050977470.364.91$39,614
May 201049667271.124.24$38,122
Apr 201063760381.694.12$54,523
Mar 201066747478.394.39$54,366
Feb 201046662173.585.44$37,668
Jan 201065671774.365.96$53,056
Dec 200964685271.445.48$50,822
Nov 20096691,03874.593.75$53,795
Oct 20096761,10472.544.11$53,575
Sep 20095231,13865.543.06$37,765
Aug 20097691,29967.423.22$56,027
Jul 20098471,47461.133.46$56,884
Jun 20098441,28466.163.90$60,840
May 20098941,61754.743.93$55,286
Apr 20098751,11846.773.59$44,935
Mar 20096691,26942.144.06$33,343
Feb 20091,0501,20432.814.63$40,029
Jan 20098761,33735.865.37$38,594
Dec 20081,1891,59937.105.98$53,669
Nov 20081,0031,62155.496.86$66,777
Oct 20081,2191,98975.246.92$105,485
Sep 20081,6261,704101.767.88$178,884
Aug 20081,7882,668114.228.48$226,858
Jul 20081,3351,901131.0811.39$196,643
Jun 20081,5051,776131.3313.03$220,798
May 20081,3681,055123.1711.57$180,707
Apr 20089891,206110.3110.45$121,705
Mar 2008690796101.909.66$78,004
Feb 200886498192.538.77$88,550
Jan 20081,1971,62390.388.21$121,503
Dec 20071,0312,08488.337.30$106,286
Nov 20078681,62291.677.29$91,397
Oct 20078831,57582.856.92$84,059
Sep 20078671,18275.846.24$73,134
Aug 20078851,00969.066.39$67,564
Jul 200735443270.906.39$27,858
Jun 200769369162.007.55$48,182
May 2007047758.747.85$3,743

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.

Oct 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 85.44 =         $0
Casinghead gas         6 Mcf  × $  3.09 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/38348 is the state's own key, not one this site invented.