ABRAXAS "27"

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 38506District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$6.2 M
Jul 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
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
OilDisposition88,870 bbl$5,850,838
Casinghead gasProduction82,691 Mcf$316,367
Total$6,167,206

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 32.4566, -101.8326. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.45744, -101.83228 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
10,570 ft
4 wells filed one
Completion to plug
13.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 10,533 and 10,588 ft, median 10,570 ft, over the 4 wells that filed a depth.

Completions filed
Jul 2007 – Nov 2014
4 of 4 wells
Plug dates filed
Nov 2024
2 of 4 wells; 2 filed none

Last completion to plug: a median of 13.7 years across the 2 wells that filed both dates, with the middle half between 11.8 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-31739627510,533 ftNov 2014Nov 2024Yes
42-31738749210,588 ftNov 2013
42-31737299410,558 ftJan 2012
42-31734839110,581 ftJul 2007Nov 2024Yes

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 (227)

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

227 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 2025130062.363.54$8,107
Mar 20250067.704.27$0
Feb 2025119070.884.34$8,435
Jan 2025166074.324.28$12,337
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 20243079.932.15$240
Jun 20242078.082.63$156
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20249073.023.30$657
Dec 2023175071.262.61$12,471
Nov 2023189077.892.81$14,721
Oct 20230085.443.09$0
Sep 2023193089.042.74$17,185
Aug 2023186080.522.67$14,977
Jul 20230074.852.64$0
Jun 2023379068.962.26$26,136
May 2023384070.622.23$27,118
Apr 20230078.122.24$0
Mar 2023192072.852.39$13,987
Feb 20230075.112.47$0
Jan 20234076.533.39$306
Dec 20220076.415.73$0
Nov 2022164085.005.65$13,940
Oct 20220087.185.86$0
Sep 2022188084.888.16$15,957
Aug 2022395094.529.13$37,335
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20223870104.226.84$40,333
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021532071.323.90$37,942
Nov 20210077.435.24$0
Oct 20212079.795.71$160
Sep 2021360069.865.35$25,150
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202102369.493.38$78
May 202135617063.483.02$23,112
Apr 202175222360.362.76$46,006
Mar 202136420661.302.72$22,873
Feb 202153310057.805.55$31,362
Jan 202136713950.412.81$18,891
Dec 202073031344.642.68$33,425
Nov 202092331338.772.71$36,632
Oct 20203325236.972.48$12,403
Sep 20203191437.091.99$11,860
Aug 20200639.982.39$14
Jul 20200638.371.83$11
Jun 202002334.901.69$39
May 20200016.921.81$0
Apr 202018512514.751.80$2,954
Mar 20205522730.341.86$16,798
Feb 202056218349.881.98$28,395
Jan 202057348357.252.09$33,816
Dec 201934345959.012.30$21,298
Nov 201953732655.302.75$30,593
Oct 201935444353.472.42$20,000
Sep 201971442855.052.66$40,443
Aug 201955245953.112.30$30,374
Jul 201917745956.272.46$11,089
Jun 20191,06546052.782.49$57,357
May 2019047258.482.74$1,293
Apr 201953145162.632.75$34,497
Mar 201921046656.803.06$13,355
Feb 201939746950.852.79$21,497
Jan 20191,11654346.033.23$53,122
Dec 2018050746.594.19$2,122
Nov 201876745652.934.24$42,529
Oct 201838045961.443.40$24,907
Sep 201838144459.543.11$24,065
Aug 201888061459.403.07$54,155
Jul 201852660565.142.93$36,037
Jun 201837455260.183.08$24,206
May 201856057265.382.90$38,272
Apr 201855446463.842.90$36,713
Mar 201874156161.222.79$46,927
Feb 201836945561.782.77$24,055
Jan 201873649762.874.01$48,265
Dec 201755850757.272.92$33,438
Nov 201752547555.423.12$30,577
Oct 201769949349.292.98$35,925
Sep 201752243847.523.09$26,158
Aug 201752049145.373.00$25,068
Jul 201751764443.873.09$24,669
Jun 201769168342.493.09$31,469
May 201734388645.373.26$18,453
Apr 201768977847.933.21$35,522
Mar 201769574646.772.98$34,731
Feb 201769268050.452.95$36,919
Jan 201770085849.413.42$37,520
Dec 201634888748.763.72$20,271
Nov 201670586542.492.64$32,243
Oct 20161,03591246.193.09$50,625
Sep 201634587841.553.10$17,057
Aug 201669056541.442.92$30,246
Jul 201669485241.622.92$31,376
Jun 201669581145.352.69$33,696
May 20166921,01942.521.99$31,453
Apr 20166931,01636.561.99$27,359
Mar 20161,05785433.011.79$36,424
Feb 20166961,11826.472.06$20,730
Jan 201670670927.352.36$20,985
Dec 201569597232.362.00$24,436
Nov 20151,0541,14938.792.17$43,375
Oct 20156851,21443.552.43$32,778
Sep 20156831,29742.992.76$32,940
Aug 20151,3711,30640.162.87$58,811
Jul 20156061,38048.152.95$33,243
Jun 20151,36682656.152.88$79,082
May 20156901,21655.212.96$41,689
Apr 20151,3771,51949.822.71$72,713
Mar 20151,3861,26042.892.93$63,143
Feb 20151,08357544.662.98$50,078
Jan 20151,79153143.433.10$79,430
Dec 20141,63736554.693.59$90,838
Nov 201451938170.464.25$38,189
Oct 201470057478.303.90$57,049
Sep 201468121186.164.05$59,529
Aug 201468640089.394.04$62,936
Jul 201435321496.564.18$34,980
Jun 201469946598.164.74$70,816
May 201468983094.734.73$69,192
Apr 20141,05783695.944.81$105,429
Mar 20146971,02395.895.06$72,008
Feb 20141,37692797.406.19$139,762
Jan 20141,03779790.404.86$97,619
Dec 20131,06441891.824.35$99,517
Nov 201336530488.853.74$33,567
Oct 201370144997.423.78$69,988
Sep 2013344386104.113.72$37,249
Aug 2013338358104.253.52$36,498
Jul 2013331385102.523.72$35,365
Jun 201317536994.403.93$17,971
May 201352535194.834.15$51,242
Apr 201335233193.964.28$34,491
Mar 201368134593.623.91$65,105
Feb 201335933191.233.42$33,884
Jan 201335023791.603.42$32,871
Dec 201270334986.773.42$62,193
Nov 201250942886.953.62$45,809
Oct 201252444089.383.40$48,331
Sep 201235342894.672.92$34,668
Aug 201270047192.662.91$66,232
Jul 201271841685.133.02$62,380
Jun 201269460779.822.52$56,924
May 201268570791.612.49$64,512
Apr 2012684787101.652.00$71,100
Mar 20121,4031,419105.052.22$150,538
Feb 2012698537101.102.57$71,948
Jan 20121519098.092.73$1,991
Dec 201135117696.873.24$34,572
Nov 2011020095.723.31$662
Oct 2011020784.983.65$755
Sep 20113529983.623.99$29,829
Aug 20113449683.404.15$29,088
Jul 201133212894.144.52$31,833
Jun 201134713592.904.64$32,863
May 2011013098.134.40$573
Apr 20110120105.964.33$520
Mar 2011011496.364.06$463
Feb 201134313685.644.18$29,943
Jan 2011015386.504.59$702
Dec 201018113485.734.35$16,100
Nov 201018113980.843.80$15,160
Oct 201036215578.103.51$28,816
Sep 2010015872.633.98$629
Aug 201036116873.684.42$27,341
Jul 2010014872.554.74$701
Jun 201036215470.364.91$26,227
May 201018218071.124.24$13,706
Apr 201018320781.694.12$15,803
Mar 201035017578.394.39$28,205
Feb 201018116473.585.44$14,211
Jan 201018219074.365.96$14,667
Dec 200918522671.445.48$14,456
Nov 200936420574.593.75$27,920
Oct 2009019872.544.11$814
Sep 200935845365.543.06$24,852
Aug 200934748267.423.22$24,946
Jul 2009049361.133.46$1,708
Jun 200935050866.163.90$25,135
May 200935846054.743.93$21,403
Apr 2009147146.773.59$1,736
Mar 200971850842.144.06$32,318
Feb 200936547532.814.63$14,176
Jan 2009043935.865.37$2,358
Dec 200836648337.105.98$16,466
Nov 200835960955.496.86$24,099
Oct 2008134475.246.92$2,456
Sep 2008359334101.767.88$39,163
Aug 2008360389114.228.48$44,419
Jul 2008358585131.0811.39$53,589
Jun 20081495131.3313.03$6,582
May 2008357508123.1711.57$49,851
Apr 2008367537110.3110.45$46,098
Mar 2008360395101.909.66$40,501
Feb 200836355892.538.77$38,482
Jan 200872660190.388.21$70,548
Dec 200736164888.337.30$36,619
Nov 200772171091.677.29$71,271
Oct 200772886382.856.92$66,288
Sep 20077762,54575.846.24$74,743
Aug 20070069.066.39$0
Jul 20070070.906.39$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.

Apr 2025 — as filed, then multipliedworked
Oil                  130 bbl  × $ 62.36 =     $8,107
Casinghead gas         0 Mcf  × $  3.54 =         $0

────────────────────────────────────────────────────
Month total                                   $8,107

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/38506 is the state's own key, not one this site invented.