STATE OF TEXAS 'AV'

Operated by MERIT ENERGY COMPANY (P-5 561136) 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 39604District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$452 k
Jul 2008 – Feb 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
92
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
OilDisposition6,194 bbl$450,114
Casinghead gasProduction555 Mcf$2,382
Total$452,496

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 32.4723, -102.3020. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47235, -102.30204 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,560 ft
1 wells filed one
Completion to plug
6.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 12,560 ft.

Completions filed
Jul 2008
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 6.1 years across the 1 well that filed both dates, with the middle half between 6.1 years and 6.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00307237112,560 ftJul 2008Aug 2014Yes

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 (92)

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

92 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014127086.164.05$10,942
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014160094.734.73$15,157
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014337090.404.86$30,465
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013350094.834.15$33,191
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012172089.383.40$15,373
Sep 20120094.672.92$0
Aug 2012164492.662.91$15,208
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012173091.612.49$15,849
Apr 201200101.652.00$0
Mar 20121730105.052.22$18,174
Feb 201210101.102.57$101
Jan 2012169098.092.73$16,577
Dec 20110096.873.24$0
Nov 2011178095.723.31$17,038
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011176083.404.15$14,678
Jul 20110094.144.52$0
Jun 2011177192.904.64$16,448
May 2011180098.134.40$17,663
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011186885.644.18$15,962
Jan 201101286.504.59$55
Dec 20101951585.734.35$16,783
Nov 201001380.843.80$49
Oct 201001378.103.51$46
Sep 20101911472.633.98$13,928
Aug 201001973.684.42$84
Jul 20101823672.554.74$13,375
Jun 201004370.364.91$211
May 20101694471.124.24$12,206
Apr 201004081.694.12$165
Mar 20101764278.394.39$13,981
Feb 20101723573.585.44$12,846
Jan 20101074.365.96$74
Dec 20091803271.445.48$13,035
Nov 200902274.593.75$83
Oct 2009183672.544.11$13,299
Sep 200906265.543.06$190
Aug 20091761867.423.22$11,924
Jul 200902361.133.46$80
Jun 20091821166.163.90$12,084
May 2009186054.743.93$10,182
Apr 20090046.773.59$0
Mar 2009190142.144.06$8,011
Feb 20091841132.814.63$6,088
Jan 20091833035.865.37$6,724
Dec 2008921037.105.98$34,169
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$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.

Sep 2014 — as filed, then multipliedworked
Oil                  127 bbl  × $ 86.16 =    $10,942
Casinghead gas         0 Mcf  × $  4.05 =         $0

────────────────────────────────────────────────────
Month total                                  $10,942

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/39604 is the state's own key, not one this site invented.