MAR-DAW 39

Operated by RAFTER T RESOURCES LLC (P-5 102775) 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 38997District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$6.4 M
Oct 2008 – May 2026
Value, last 12 filed months
$165 k
at the published price for each month
Months reported
212
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
OilDisposition88,746 bbl$6,124,415
Casinghead gasProduction72,947 Mcf$263,869
Total$6,388,284

Wells on this lease (1)

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 32.5223, -101.9440. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52230, -101.94403 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,880 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 10,880 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-31735360110,880 ftOct 2008

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 (212)

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

212 months

May 202600106.413.05$0
Apr 2026175098.932.87$17,313
Mar 2026180089.753.15$16,155
Feb 2026179063.503.75$11,367
Jan 2026176059.138.00$10,407
Dec 2025166056.664.41$9,406
Nov 2025179058.593.93$10,488
Oct 2025362059.383.30$21,496
Sep 2025185062.743.08$11,607
Aug 2025341063.933.01$21,800
Jul 2025341066.743.32$22,758
Jun 2025181066.483.13$12,033
May 2025179060.553.23$10,838
Apr 2025182062.363.54$11,350
Mar 2025353067.704.27$23,898
Feb 2025179070.884.34$12,688
Jan 2025346074.324.28$25,715
Dec 2024352068.993.12$24,284
Nov 2024278069.052.20$19,196
Oct 2024355071.372.28$25,336
Sep 2024359069.612.36$24,990
Aug 2024353075.632.06$26,697
Jul 2024480079.932.15$38,366
Jun 20240078.082.63$0
May 2024180078.812.20$14,186
Apr 2024167084.451.66$14,103
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024166073.023.30$12,121
Dec 2023184071.262.61$13,112
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20233812089.042.74$33,979
Aug 2023363780.522.67$29,247
Jul 2023364074.852.64$27,245
Jun 2023169068.962.26$11,654
May 2023363070.622.23$25,635
Apr 2023353078.122.24$27,576
Mar 2023521072.852.39$37,955
Feb 2023540075.112.47$40,559
Jan 2023542076.533.39$41,479
Dec 2022185076.415.73$14,136
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022183084.888.16$15,533
Aug 20223625294.529.13$34,691
Jul 20223640101.587.54$36,975
Jun 202235617115.097.98$41,108
May 20223540109.378.43$38,717
Apr 202219452104.226.84$20,574
Mar 20223620108.885.08$39,415
Feb 2022360091.054.86$32,778
Jan 2022366081.844.54$29,953
Dec 2021390071.323.90$27,815
Nov 20213743377.435.24$29,132
Oct 2021359079.795.71$28,645
Sep 2021368069.865.35$25,708
Aug 2021372066.024.22$24,559
Jul 20213551570.783.98$25,187
Jun 20213573969.493.38$24,940
May 20213615663.483.02$23,085
Apr 2021350060.362.76$21,126
Mar 20213543361.302.72$21,790
Feb 202118618257.805.55$11,761
Jan 202153328550.412.81$27,669
Dec 20203668744.642.68$16,571
Nov 202036234238.772.71$14,960
Oct 202035832836.972.48$14,048
Sep 202034229637.091.99$13,274
Aug 20203564639.982.39$14,343
Jul 202035215238.371.83$13,784
Jun 202053515034.901.69$18,925
May 2020016116.921.81$292
Apr 202017944614.751.80$3,445
Mar 202056249930.341.86$17,977
Feb 202035643649.881.98$18,621
Jan 202034747457.252.09$20,859
Dec 201937350459.012.30$23,172
Nov 201935752055.302.75$21,172
Oct 201935155353.472.42$20,105
Sep 201953556555.052.66$30,953
Aug 201917864353.112.30$10,935
Jul 201971417456.272.46$40,605
Jun 201906552.782.49$162
May 201935311958.482.74$20,970
Apr 20193606562.632.75$22,726
Mar 20193586856.803.06$20,543
Feb 201935626050.852.79$18,829
Jan 201956327246.033.23$26,793
Dec 20183658946.594.19$17,378
Nov 201836914052.934.24$20,124
Oct 201836316861.443.40$22,874
Sep 20183554159.543.11$21,264
Aug 201835922359.403.07$22,008
Jul 201854814865.142.93$36,131
Jun 201818218960.183.08$11,534
May 201853312265.382.90$35,201
Apr 201835518363.842.90$23,194
Mar 201837746661.222.79$24,379
Feb 201835441161.782.77$23,007
Jan 201854346162.874.01$35,987
Dec 201737633257.272.92$22,503
Nov 201736347255.423.12$21,589
Oct 201755254949.292.98$28,846
Sep 201734753547.523.09$18,141
Aug 201752544545.373.00$25,156
Jul 201717055343.873.09$9,165
Jun 201738050642.493.09$17,708
May 201758436045.373.26$27,671
Apr 201739024547.933.21$19,480
Mar 201739655046.772.98$20,162
Feb 201739333250.452.95$20,807
Jan 201739652049.413.42$21,344
Dec 201658546948.763.72$30,271
Nov 201619726342.492.64$9,066
Oct 201619340846.193.09$10,176
Sep 201658451741.553.10$25,868
Aug 201620356441.442.92$10,062
Jul 201657652541.622.92$25,508
Jun 201638545245.352.69$18,674
May 201638951442.521.99$17,564
Apr 201658350036.561.99$22,310
Mar 201639055733.011.79$13,873
Feb 201638743926.472.06$11,150
Jan 201659651527.352.36$17,518
Dec 201559138732.362.00$19,899
Nov 201540152238.792.17$16,686
Oct 201558753343.552.43$26,857
Sep 201559045342.992.76$26,614
Aug 2015013840.162.87$396
Jul 201538930948.152.95$19,640
Jun 201538935156.152.88$22,854
May 201539417555.212.96$22,270
Apr 20152018349.822.71$10,238
Mar 20154115642.892.93$17,792
Feb 201539853644.662.98$19,370
Jan 201540432043.433.10$18,538
Dec 201438750354.693.59$22,971
Nov 201478552970.464.25$57,560
Oct 201420041678.303.90$17,283
Sep 201477436386.164.05$68,156
Aug 201459152889.394.04$54,960
Jul 201419725096.564.18$20,067
Jun 20141729398.164.74$17,324
May 201436036794.734.73$35,837
Apr 201455349095.944.81$55,411
Mar 201406695.895.06$334
Feb 201453646897.406.19$55,104
Jan 201456560590.404.86$54,017
Dec 201336828591.824.35$35,031
Nov 201354354688.853.74$50,287
Oct 201375964997.423.78$76,395
Sep 2013375634104.113.72$41,398
Aug 2013379549104.253.52$41,445
Jul 2013667666102.523.72$70,857
Jun 201337662894.403.93$37,965
May 201353366094.834.15$53,283
Apr 201371457293.964.28$69,537
Mar 201371662993.623.91$69,493
Feb 201335445191.233.42$33,838
Jan 201370747191.603.42$66,372
Dec 201235545686.773.42$32,363
Nov 20121,01344986.953.62$89,708
Oct 2012055189.383.40$1,873
Sep 201268335294.672.92$65,687
Aug 201269530892.662.91$65,294
Jul 201268756585.133.02$60,191
Jun 201234760379.822.52$29,217
May 201270967691.612.49$66,634
Apr 2012711653101.652.00$73,577
Mar 20121,062585105.052.22$112,863
Feb 2012358649101.102.57$37,862
Jan 201271371998.092.73$71,904
Dec 201171883396.873.24$72,251
Nov 20111,06499595.723.31$105,141
Oct 201170950684.983.65$62,097
Sep 201135868283.623.99$32,654
Aug 20111,04872883.404.15$90,424
Jul 201135769994.144.52$36,766
Jun 20111,0551,03792.904.64$102,821
May 201170377298.134.40$72,386
Apr 2011367127105.964.33$39,438
Mar 2011064196.364.06$2,601
Feb 201127625385.644.18$24,694
Jan 201135847086.504.59$33,124
Dec 201072052985.734.35$64,026
Nov 201036252280.843.80$31,245
Oct 201035956578.103.51$30,020
Sep 201035558372.633.98$28,104
Aug 201035260173.684.42$28,591
Jul 201035460172.554.74$28,529
Jun 201035437370.364.91$26,739
May 201028862671.124.24$23,134
Apr 201051658781.694.12$44,572
Mar 201047264178.394.39$39,813
Feb 201039051873.585.44$31,515
Jan 201057665474.365.96$46,732
Dec 200945467371.445.48$36,124
Nov 200951970074.593.75$41,338
Oct 200963872072.544.11$49,240
Sep 20094691,32165.543.06$34,787
Aug 20095501,23967.423.22$41,069
Jul 20096651,18061.133.46$44,740
Jun 20095741,16166.163.90$42,498
May 20096191,37554.743.93$39,282
Apr 20098651,21646.773.59$44,818
Mar 200980769442.144.06$36,824
Feb 200985656232.814.63$30,689
Jan 200973063335.865.37$29,578
Dec 20081,09496037.105.98$46,325
Nov 20081,6351,19455.496.86$98,917
Oct 20081,5861,15075.246.92$127,291

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 2026 — as filed, then multipliedworked
Oil                  175 bbl  × $ 98.93 =    $17,313
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,313

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/38997 is the state's own key, not one this site invented.