BEST "12"

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 39545District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$7.7 M
Apr 2009 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
206
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
OilDisposition97,466 bbl$6,894,180
Casinghead gasProduction229,828 Mcf$818,733
Total$7,712,913

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 32.1554, -101.7785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15544, -101.77846 · 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
10,450 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 10,450 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-31735457110,450 ftAug 2011

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 (206)

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

206 months

May 20260296106.413.05$902
Apr 202616321298.932.87$16,734
Mar 202615431289.753.15$14,804
Feb 202617038763.503.75$12,246
Jan 2026026159.138.00$2,087
Dec 202517131856.664.41$11,092
Nov 202517432758.593.93$11,479
Oct 2025035059.383.30$1,157
Sep 20251751162.743.08$11,013
Aug 202517138863.933.01$12,102
Jul 202516738866.743.32$12,432
Jun 2025034866.483.13$1,089
May 202516530760.553.23$10,983
Apr 202517332262.363.54$11,929
Mar 2025623967.704.27$1,426
Feb 202517143270.884.34$13,996
Jan 202516534574.324.28$13,739
Dec 202416930468.993.12$12,608
Nov 202417428169.052.20$12,632
Oct 202417045971.372.28$13,180
Sep 2024031169.612.36$735
Aug 202416834675.632.06$13,420
Jul 202417136279.932.15$14,445
Jun 202417236978.082.63$14,402
May 202416926378.812.20$13,897
Apr 202417534284.451.66$15,346
Mar 202416834480.301.55$14,022
Feb 2024052076.091.78$927
Jan 202433149173.023.30$25,789
Dec 202315829371.262.61$12,024
Nov 202317232477.892.81$14,307
Oct 202304985.443.09$151
Sep 2023169089.042.74$15,048
Aug 20231831380.522.67$14,770
Jul 202316017074.852.64$12,425
Jun 202308968.962.26$201
May 202316016470.622.23$11,664
Apr 20231669478.122.24$13,178
Mar 2023177172.852.39$12,897
Feb 2023163075.112.47$12,243
Jan 2023160276.533.39$12,252
Dec 20221752476.415.73$13,509
Nov 2022177085.005.65$15,045
Oct 2022177187.185.86$15,437
Sep 20221699784.888.16$15,137
Aug 202216327394.529.13$17,898
Jul 2022166126101.587.54$17,813
Jun 20221800115.097.98$20,716
May 20221691109.378.43$18,492
Apr 20221680104.226.84$17,509
Mar 20221743108.885.08$18,960
Feb 20221745691.054.86$16,115
Jan 20223216181.844.54$26,547
Dec 2021173071.323.90$12,338
Nov 2021156077.435.24$12,079
Oct 2021320379.795.71$25,550
Sep 20211717869.865.35$12,363
Aug 202116715366.024.22$11,671
Jul 202132924070.783.98$24,242
Jun 202116835069.493.38$12,858
May 202134711963.483.02$22,387
Apr 20213301060.362.76$19,946
Mar 2021345061.302.72$21,149
Feb 20213489157.805.55$20,619
Jan 20213398450.412.81$17,325
Dec 202034115844.642.68$15,645
Nov 202050718238.772.71$20,149
Oct 202050721236.972.48$19,269
Sep 202070435437.091.99$26,816
Aug 202018610139.982.39$7,677
Jul 202087862238.371.83$34,824
Jun 20205344434.901.69$18,711
May 202053646416.921.81$9,911
Apr 20201,00678414.751.80$16,253
Mar 202089023730.341.86$27,443
Feb 2020352749.881.98$17,572
Jan 20201803257.252.09$10,372
Dec 20190059.012.30$0
Nov 20191695955.302.75$9,508
Oct 20196992353.472.42$37,431
Sep 2019711855.052.66$39,162
Aug 201950720853.112.30$27,406
Jul 201918327356.272.46$10,969
Jun 201917458052.782.49$10,629
May 201920372858.482.74$13,866
Apr 201916060762.632.75$11,690
Mar 20193351,15656.803.06$22,568
Feb 20193271,00050.852.79$19,420
Jan 20193391,10946.033.23$19,184
Dec 2018349046.594.19$16,260
Nov 201816649452.934.24$10,880
Oct 20183561,13061.443.40$25,712
Sep 20181741,18859.543.11$14,052
Aug 20183361,10959.403.07$23,359
Jul 20183331,09265.142.93$24,893
Jun 20183421,07560.183.08$23,889
May 20181641,53065.382.90$15,161
Apr 20183391,29263.842.90$25,390
Mar 20183311,19061.222.79$23,580
Feb 20183191,46861.782.77$23,768
Jan 20183221,20762.874.01$25,083
Dec 20173411,20057.272.92$23,035
Nov 20175111,44455.423.12$32,823
Oct 20171731,32449.292.98$12,478
Sep 201751493347.523.09$27,306
Aug 20171671,23345.373.00$11,281
Jul 20175131,66643.873.09$27,649
Jun 20171771,46442.493.09$12,041
May 20173441,46745.373.26$20,395
Apr 20173681,43447.933.21$22,244
Mar 20171751,48046.772.98$12,601
Feb 20171851,36850.452.95$13,372
Jan 20173731,69949.413.42$24,238
Dec 20163581,70648.763.72$23,807
Nov 20163641,27542.492.64$18,838
Oct 20163511,90846.193.09$22,109
Sep 20163551,84441.553.10$20,468
Aug 20163541,91141.442.92$20,258
Jul 20165461,82041.622.92$28,047
Jun 20163761,77945.352.69$21,830
May 20163681,70542.521.99$19,042
Apr 20163571,63736.561.99$16,311
Mar 20165511,63833.011.79$21,127
Feb 20163551,12526.472.06$11,718
Jan 20163491,49427.352.36$13,078
Dec 20153651,40832.362.00$14,629
Nov 20153571,14538.792.17$16,330
Oct 20153601,08643.552.43$18,313
Sep 20153561,37942.992.76$19,108
Aug 20153511,45240.162.87$18,267
Jul 20153551,55548.152.95$21,673
Jun 20153451,45156.152.88$23,555
May 20153481,61855.212.96$23,995
Apr 20153561,56049.822.71$21,958
Mar 20155331,37842.892.93$26,904
Feb 201517484544.662.98$10,286
Jan 20153611,27743.433.10$19,638
Dec 20143891,84154.693.59$27,886
Nov 20143852,02870.464.25$35,750
Oct 20145592,15078.303.90$52,157
Sep 20143751,71186.164.05$39,232
Aug 20143682,25389.394.04$41,987
Jul 201434561496.564.18$35,879
Jun 20143642,33098.164.74$46,767
May 20145502,57994.734.73$64,291
Apr 20145462,44395.944.81$64,132
Mar 20145322,01395.895.06$61,193
Feb 20143721,48797.406.19$45,440
Jan 20145541,63190.404.86$58,009
Dec 20133811,83991.824.35$42,991
Nov 20135641,65688.853.74$56,302
Oct 20135541,97197.423.78$61,420
Sep 20133652,079104.113.72$45,729
Aug 20136892,116104.253.52$79,282
Jul 20133442,478102.523.72$44,479
Jun 20135122,35094.403.93$57,576
May 201352668194.834.15$52,706
Apr 20135222,23693.964.28$58,623
Mar 20135342,36693.623.91$59,251
Feb 20135411,13791.233.42$53,244
Jan 20135202,39891.603.42$55,833
Dec 20125322,18886.773.42$53,645
Nov 20127202,48286.953.62$71,601
Oct 20128782,65489.383.40$87,498
Sep 20123391,79094.672.92$37,317
Aug 20126822,86392.662.91$71,520
Jul 20129332,89085.133.02$88,156
Jun 20121791,87879.822.52$19,019
May 20125513,07091.612.49$58,116
Apr 2012724464101.652.00$74,521
Mar 20127532,679105.052.22$85,056
Feb 20127432,452101.102.57$81,420
Jan 20127881,05598.092.73$80,179
Dec 201172874296.873.24$72,925
Nov 201172641095.723.31$70,850
Oct 20117312,92384.983.65$72,785
Sep 20111,0351,89283.623.99$94,088
Aug 20118992,40283.404.15$84,943
Jul 20119062,53894.144.52$96,756
Jun 20117432,13792.904.64$78,940
May 20111,0092,66998.134.40$110,770
Apr 20119242,484105.964.33$108,671
Mar 20119162,08396.364.06$96,717
Feb 20111,0021,60285.644.18$92,508
Jan 20119381,90486.504.59$89,874
Dec 20101,0962,07485.734.35$102,977
Nov 20109362,06780.843.80$83,511
Oct 20101,0872,06578.103.51$92,141
Sep 20101,2661,47072.633.98$97,799
Aug 20108821,24373.684.42$70,479
Jul 20101,0762,11672.554.74$88,086
Jun 20101,0862,86270.364.91$90,465
May 20101,4432,95271.124.24$115,129
Apr 20101,2521,53681.694.12$108,608
Mar 20101,0802,13878.394.39$94,044
Feb 20101,6772,76473.585.44$138,436
Jan 20101,1232,19674.365.96$96,603
Dec 20091,4982,40271.445.48$120,189
Nov 20091,7922,58774.593.75$143,370
Oct 20091,6732,99472.544.11$133,666
Sep 20092,1942,77565.543.06$152,299
Aug 20092,0242,24367.423.22$143,677
Jul 20092,5942,61061.133.46$167,614
Jun 20092,5412,40966.163.90$177,496
May 20091,6652,65254.743.93$101,553
Apr 20090046.773.59$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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       296 Mcf  × $  3.05 =       $902

────────────────────────────────────────────────────
Month total                                     $902

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/39545 is the state's own key, not one this site invented.