ABRAXAS "28"

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 38612District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.2 M
Aug 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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
OilDisposition56,238 bbl$3,983,176
Casinghead gasProduction48,396 Mcf$229,129
Total$4,212,305

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 32.4520, -101.8399. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.45202, -101.83990 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,150 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 9,695 and 10,605 ft, median 10,150 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2007 – Aug 2008
2 of 2 wells

2 wells

42-3173516229,695 ftAug 2008
42-31734840110,605 ftAug 2007

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 (226)

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

226 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 20230085.443.09$0
Sep 20230089.042.74$0
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 202325072.852.39$1,821
Feb 202355075.112.47$4,131
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022139085.005.65$11,815
Oct 202231087.185.86$2,703
Sep 202254084.888.16$4,584
Aug 202264094.529.13$6,049
Jul 20221020101.587.54$10,361
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202261091.054.86$5,554
Jan 2022363081.844.54$29,708
Dec 2021248071.323.90$17,687
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20211631569.865.35$11,467
Aug 202110066.024.22$660
Jul 20210870.783.98$32
Jun 20212454969.493.38$17,191
May 20213035663.483.02$19,403
Apr 20212095160.362.76$12,756
Mar 20213446361.302.72$21,258
Feb 2021855657.805.55$5,224
Jan 20213774550.412.81$19,131
Dec 20203054644.642.68$13,738
Nov 20201716438.772.71$6,803
Oct 20203496436.972.48$13,061
Sep 20203911237.091.99$14,526
Aug 202077039.982.39$3,078
Jul 20200038.371.83$0
Jun 202001234.901.69$20
May 20200016.921.81$0
Apr 2020169014.751.80$2,493
Mar 2020226030.341.86$6,857
Feb 202052049.881.98$2,594
Jan 20204118657.252.09$23,710
Dec 20192328659.012.30$13,888
Nov 20192218455.302.75$12,452
Oct 20192088653.472.42$11,330
Sep 20192128455.052.66$11,894
Aug 20192448653.112.30$13,157
Jul 20191068756.272.46$6,179
Jun 20191768952.782.49$9,511
May 201927112958.482.74$16,202
Apr 201914810562.632.75$9,558
Mar 20197411456.803.06$4,552
Feb 201912113150.852.79$6,519
Jan 201924615246.033.23$11,814
Dec 20183911246.594.19$2,286
Nov 201824611552.934.24$13,508
Oct 201820012961.443.40$12,726
Sep 20181623359.543.11$9,748
Aug 20182786959.403.07$16,725
Jul 20181567565.142.93$10,382
Jun 20181987160.183.08$12,134
May 20181765865.382.90$11,675
Apr 20182687963.842.90$17,338
Mar 201819612761.222.79$12,353
Feb 20182319361.782.77$14,528
Jan 201828710062.874.01$18,445
Dec 201718111457.272.92$10,699
Nov 20171858755.423.12$10,524
Oct 201724511849.292.98$12,428
Sep 20171547847.523.09$7,559
Aug 201718113245.373.00$8,609
Jul 201715812343.873.09$7,311
Jun 201717416042.493.09$7,887
May 201717325445.373.26$8,678
Apr 201715226247.933.21$8,127
Mar 201720223946.772.98$10,161
Feb 201717424250.452.95$9,493
Jan 201718581749.413.42$11,934
Dec 201631224048.763.72$16,107
Nov 201623327942.492.64$10,638
Oct 201620129746.193.09$10,202
Sep 201621529241.553.10$9,839
Aug 201615926241.442.92$7,355
Jul 201614926741.622.92$6,982
Jun 20168326145.352.69$4,465
May 201616627542.521.99$7,606
Apr 201612425436.561.99$5,039
Mar 201617926033.011.79$6,375
Feb 201619125126.472.06$5,574
Jan 201625126627.352.36$7,494
Dec 201525525932.362.00$8,770
Nov 201517328438.792.17$7,326
Oct 201527229943.552.43$12,571
Sep 201520828342.992.76$9,723
Aug 201528330740.162.87$12,247
Jul 201523427848.152.95$12,086
Jun 201525518656.152.88$14,854
May 201515523455.212.96$9,249
Apr 201530323649.822.71$15,734
Mar 201521415642.892.93$9,636
Feb 201526312544.662.98$12,118
Jan 201530810243.433.10$13,693
Dec 20141958754.693.59$10,977
Nov 201428814570.464.25$20,909
Oct 201423721678.303.90$19,400
Sep 201422617986.164.05$20,196
Aug 201426119689.394.04$24,122
Jul 20143099996.564.18$30,251
Jun 201429312598.164.74$29,353
May 201428223694.734.73$27,829
Apr 201422323895.944.81$22,539
Mar 201421723595.895.06$21,996
Feb 201440222797.406.19$40,560
Jan 201428725290.404.86$27,170
Dec 201316722191.824.35$16,296
Nov 201314023588.853.74$13,318
Oct 201323422097.423.78$23,628
Sep 2013251269104.113.72$27,132
Aug 2013203288104.253.52$22,177
Jul 201310136102.523.72$1,531
Jun 201323313594.403.93$22,526
May 201324525194.834.15$24,275
Apr 201346829293.964.28$45,224
Mar 201324730793.623.91$24,325
Feb 201323326791.233.42$22,170
Jan 201335225991.603.42$33,129
Dec 201247424286.773.42$41,957
Nov 201222425786.953.62$20,408
Oct 201245123489.383.40$41,106
Sep 201223724294.672.92$23,143
Aug 201222526492.662.91$21,616
Jul 201242819685.133.02$37,028
Jun 201224523679.822.52$20,150
May 201235332491.612.49$33,145
Apr 2012240299101.652.00$24,993
Mar 2012457200105.052.22$48,452
Feb 2012243210101.102.57$25,107
Jan 201223430998.092.73$23,798
Dec 201151612096.873.24$50,374
Nov 201148427195.723.31$47,226
Oct 201148124184.983.65$41,755
Sep 201112116083.623.99$10,756
Aug 201149918683.404.15$42,388
Jul 201174837894.144.52$72,124
Jun 201111727992.904.64$12,164
May 201123343598.134.40$24,780
Apr 2011481371105.964.33$52,574
Mar 201124836096.364.06$25,358
Feb 201150319285.644.18$43,879
Jan 201150128486.504.59$44,640
Dec 201025530585.734.35$23,187
Nov 201049535080.843.80$41,344
Oct 201050630678.103.51$40,592
Sep 201047518572.633.98$35,235
Aug 201023435473.684.42$18,806
Jul 201072946272.554.74$55,077
Jun 201049246470.364.91$36,896
May 201049749071.124.24$37,422
Apr 201043350981.694.12$37,470
Mar 201021323078.394.39$17,706
Feb 201045942373.585.44$36,075
Jan 201075248274.365.96$58,793
Dec 200925549771.445.48$20,943
Nov 200950147274.593.75$39,140
Oct 200974817972.544.11$54,996
Sep 200948754865.543.06$33,597
Aug 200974867467.423.22$52,599
Jul 200936999061.133.46$25,987
Jun 200962285866.163.90$44,493
May 200974162954.743.93$43,032
Apr 200973266746.773.59$36,629
Mar 20097811,00842.144.06$37,003
Feb 20091,1321,52332.814.63$44,197
Jan 20091,4251,53435.865.37$59,340
Dec 200885582137.105.98$36,628
Nov 20081,3321,02455.496.86$80,938
Oct 200887688275.246.92$72,015
Sep 2008469562101.767.88$52,152
Aug 2008280543114.228.48$36,588
Jul 2008272579131.0811.39$42,248
Jun 200895405131.3313.03$17,755
May 2008755518123.1711.57$98,989
Apr 2008362527110.3110.45$45,442
Mar 2008357550101.909.66$41,694
Feb 20081,08782592.538.77$107,816
Jan 2008021990.388.21$1,797
Dec 200735850288.337.30$35,288
Nov 20071,0721,12091.677.29$106,437
Oct 20071,4461,44882.856.92$129,824
Sep 200772082775.846.24$59,769
Aug 20070069.066.39$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.

Mar 2023 — as filed, then multipliedworked
Oil                   25 bbl  × $ 72.85 =     $1,821
Casinghead gas         0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                   $1,821

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/38612 is the state's own key, not one this site invented.