GRAHAM

Operated by MIDLAND ENERGY, INC. (P-5 565460) 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 39225District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$8.6 M
Dec 2007 – May 2026
Value, last 12 filed months
$235 k
at the published price for each month
Months reported
222
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
OilDisposition110,957 bbl$8,003,957
Casinghead gasProduction145,117 Mcf$635,968
Total$8,639,924

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 32.0588, -101.9309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05882, -101.93086 · 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
11,500 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 11,500 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-32935605111,500 ftMay 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 (222)

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

222 months

May 2026174452106.413.05$19,892
Apr 2026171098.932.87$16,917
Mar 2026336089.753.15$30,156
Feb 2026173063.503.75$10,986
Jan 2026340059.138.00$20,104
Dec 2025172056.664.41$9,746
Nov 2025510058.593.93$29,881
Oct 2025157059.383.30$9,323
Sep 2025338062.743.08$21,206
Aug 2025340063.933.01$21,736
Jul 2025341066.743.32$22,758
Jun 2025342066.483.13$22,736
May 2025335060.553.23$20,284
Apr 2025336062.363.54$20,953
Mar 2025358067.704.27$24,237
Feb 2025513070.884.34$36,361
Jan 2025337074.324.28$25,046
Dec 202417252068.993.12$13,489
Nov 202434342869.052.20$24,625
Oct 202417752871.372.28$13,837
Sep 202435076769.612.36$26,177
Aug 202434878375.632.06$27,935
Jul 202452585579.932.15$43,799
Jun 202435474478.082.63$29,600
May 202452179178.812.20$42,799
Apr 202452280884.451.66$45,424
Mar 202434987880.301.55$29,381
Feb 202434357176.091.78$27,117
Jan 202469184573.023.30$53,243
Dec 202316285271.262.61$13,768
Nov 202370582977.892.81$57,240
Oct 202335683785.443.09$33,001
Sep 202336150689.042.74$33,527
Aug 202354377880.522.67$45,802
Jul 202336582674.852.64$29,502
Jun 202356375268.962.26$40,523
May 202354275970.622.23$39,967
Apr 202355995178.122.24$45,797
Mar 202354977972.852.39$41,859
Feb 202356882375.112.47$44,692
Jan 202352897176.533.39$43,697
Dec 202254893576.415.73$47,229
Nov 202253852985.005.65$48,717
Oct 202254484587.185.86$52,381
Sep 202251272584.888.16$49,377
Aug 202270948994.529.13$71,478
Jul 2022745292101.587.54$77,879
Jun 2022723853115.097.98$90,015
May 2022704965109.378.43$85,134
Apr 2022701937104.226.84$79,465
Mar 2022804971108.885.08$92,469
Feb 202287997491.054.86$84,765
Jan 20221,0351,09281.844.54$89,660
Dec 202173452971.323.90$54,412
Nov 202154030477.435.24$43,404
Oct 202133626979.795.71$28,346
Sep 202153837069.865.35$39,565
Aug 202153037066.024.22$36,552
Jul 202167232870.783.98$48,870
Jun 202107069.493.38$237
May 2021180363.483.02$11,435
Apr 20210060.362.76$0
Mar 202135227361.302.72$22,319
Feb 202150840557.805.55$31,609
Jan 202133643950.412.81$18,171
Dec 202052758144.642.68$25,080
Nov 202050855238.772.71$21,189
Oct 202056657136.972.48$22,340
Sep 202053060937.091.99$20,870
Aug 202054151439.982.39$22,855
Jul 202057119638.371.83$22,267
Jun 202054232534.901.69$19,465
May 202036365016.921.81$7,322
Apr 202054768514.751.80$9,304
Mar 202063714230.341.86$19,590
Feb 2020499049.881.98$24,890
Jan 2020517057.252.09$29,598
Dec 2019526059.012.30$31,039
Nov 201953534855.302.75$30,543
Oct 201952352753.472.42$29,239
Sep 201954848755.052.66$31,462
Aug 201952835953.112.30$28,869
Jul 201937243956.272.46$22,012
Jun 201934354252.782.49$19,454
May 201953554558.482.74$32,780
Apr 201953349262.632.75$34,735
Mar 201934962956.803.06$21,749
Feb 201953453850.852.79$28,656
Jan 201952338746.033.23$25,323
Dec 2018337046.594.19$15,701
Nov 201860767452.934.24$34,984
Oct 201851945161.443.40$33,420
Sep 201850859959.543.11$32,108
Aug 201851148959.403.07$31,853
Jul 2018834065.142.93$54,327
Jun 2018517060.183.08$31,113
May 2018850065.382.90$55,573
Apr 2018339063.842.90$21,642
Mar 201833337861.222.79$21,440
Feb 201816843761.782.77$11,588
Jan 201833844362.874.01$23,026
Dec 201734349957.272.92$21,101
Nov 201751346855.423.12$29,890
Oct 201734247949.292.98$18,286
Sep 201734541847.523.09$17,685
Aug 201734651245.373.00$17,236
Jul 201734755043.873.09$16,921
Jun 201751052842.493.09$23,300
May 201717155045.373.26$9,553
Apr 201736553747.933.21$19,219
Mar 201735156346.772.98$18,096
Feb 201736151050.452.95$19,718
Jan 201754757149.413.42$28,979
Dec 201635555648.763.72$19,380
Nov 201652855442.492.64$23,900
Oct 201635359346.193.09$18,138
Sep 201635158541.553.10$16,398
Aug 201652962141.442.92$23,738
Jul 201654154641.622.92$24,113
Jun 201636462045.352.69$18,173
May 201673178742.521.99$32,649
Apr 201634931636.561.99$13,389
Mar 201635651833.011.79$12,681
Feb 201637550426.472.06$10,966
Jan 201618047927.352.36$6,056
Dec 201535644932.362.00$12,419
Nov 201536410938.792.17$14,356
Oct 201518042843.552.43$8,878
Sep 2015141642.992.76$1,190
Aug 201535738640.162.87$15,446
Jul 201537142548.152.95$19,115
Jun 201518042256.152.88$11,324
May 201519227055.212.96$11,398
Apr 201553251649.822.71$27,901
Mar 201517640042.892.93$8,723
Feb 20151742844.662.98$7,854
Jan 201535919443.433.10$16,193
Dec 201418534854.693.59$11,367
Nov 201418932870.464.25$14,712
Oct 201418534878.303.90$15,843
Sep 201420136886.164.05$18,807
Aug 201449835889.394.04$45,961
Jul 201419440596.564.18$20,425
Jun 201436640398.164.74$37,836
May 201418528994.734.73$18,891
Apr 201436038695.944.81$36,395
Mar 201422148395.895.06$23,634
Feb 201439347697.406.19$41,226
Jan 201431042290.404.86$30,075
Dec 201343844991.824.35$42,172
Nov 201339541988.853.74$36,662
Oct 201323147297.423.78$24,288
Sep 2013388492104.113.72$42,224
Aug 2013395455104.253.52$42,782
Jul 2013197468102.523.72$21,936
Jun 201337141094.403.93$36,635
May 201334736794.834.15$34,429
Apr 2013368093.964.28$34,577
Mar 201336449093.623.91$35,995
Feb 2013356091.233.42$32,478
Jan 201337830991.603.42$35,682
Dec 201237234486.773.42$33,455
Nov 201218650986.953.62$18,018
Oct 201235454289.383.40$33,483
Sep 201236638994.672.92$35,784
Aug 201236745692.662.91$35,332
Jul 201239354985.133.02$35,115
Jun 201240243879.822.52$33,191
May 201240445991.612.49$38,153
Apr 201240035101.652.00$40,730
Mar 20122149105.052.22$22,501
Feb 2012380289101.102.57$39,161
Jan 201239047698.092.73$39,557
Dec 201140260196.873.24$40,889
Nov 201139457995.723.31$39,631
Oct 201136763884.983.65$33,515
Sep 201155756883.623.99$48,840
Aug 201119768683.404.15$19,276
Jul 201137570294.144.52$38,474
Jun 201140172992.904.64$40,635
May 201156775798.134.40$58,974
Apr 2011376833105.964.33$43,451
Mar 201152789496.364.06$54,409
Feb 201136982485.644.18$35,045
Jan 20115471,03686.504.59$52,069
Dec 201054297585.734.35$50,705
Nov 201054199380.843.80$47,503
Oct 20107081,07978.103.51$59,081
Sep 20103711,06472.633.98$31,180
Aug 20105501,13673.684.42$45,544
Jul 20101,1181,35672.554.74$87,534
Jun 20105811,45370.364.91$48,014
May 20105631,45471.124.24$46,199
Apr 20107261,50081.694.12$65,491
Mar 20107381,61278.394.39$64,926
Feb 20107861,62773.585.44$66,689
Jan 20101,1771,37774.365.96$95,734
Dec 20095511,81971.445.48$49,338
Nov 20097591,88474.593.75$63,682
Oct 20099372,08372.544.11$76,532
Sep 20098992,09665.543.06$65,344
Aug 20097491,83467.423.22$56,400
Jul 20091,1021,95961.133.46$74,152
Jun 20091,0971,91466.163.90$80,033
May 20091,1101,98454.743.93$68,550
Apr 20098832,09746.773.59$48,821
Mar 20091,1172,69542.144.06$58,009
Feb 20091,2953,02832.814.63$56,518
Jan 20091,4732,58535.865.37$66,706
Dec 20081,4712,42637.105.98$69,075
Nov 20081,0901,90455.496.86$73,546
Oct 20082,0142,58575.246.92$169,427
Sep 20081,8283,056101.767.88$210,090
Aug 20082,4293,044114.228.48$303,263
Jul 20082,1691,981131.0811.39$306,875
Jun 20081,4631,487131.3313.03$211,515
May 20081,1241,096123.1711.57$151,129
Apr 20087137110.3110.45$2,204
Mar 2008373282101.909.66$40,734
Feb 200801,13292.538.77$9,928
Jan 20080090.388.21$0
Dec 20074088.337.30$353

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.

May 2026 — as filed, then multipliedworked
Oil                  174 bbl  × $106.41 =    $18,515
Casinghead gas       452 Mcf  × $  3.05 =     $1,377

────────────────────────────────────────────────────
Month total                                  $19,892

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/39225 is the state's own key, not one this site invented.