STERLING 15

Operated by HIGHPEAK ENERGY HOLDINGS, LLC (P-5 385826) 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 39742District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.6 M
Oct 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
200
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
OilDisposition17,727 bbl$1,405,707
Casinghead gasProduction43,566 Mcf$177,872
Total$1,583,579

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 32.4630, -101.1914. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46297, -101.19137 · 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
6,445 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 6,445 ft.

Completions filed
Nov 2024
1 of 1 wells

1 well

42-2273625616,445 ftNov 2024

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 (200)

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

200 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 202347072.852.39$3,424
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202291084.888.16$7,724
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202275081.844.54$6,138
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202191066.024.22$6,008
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202190061.302.72$5,517
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202076036.972.48$2,810
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202076034.901.69$2,652
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202086049.881.98$4,290
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201980053.472.42$4,278
Sep 20192055.052.66$110
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201940058.482.74$2,339
Apr 20191062.632.75$63
Mar 20190056.803.06$0
Feb 20192050.852.79$102
Jan 201930046.033.23$1,381
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201844065.142.93$2,866
Jun 20180060.183.08$0
May 20181065.382.90$65
Apr 20180063.842.90$0
Mar 201851061.222.79$3,122
Feb 20180061.782.77$0
Jan 201852062.874.01$3,269
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201749045.373.00$2,223
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201749047.933.21$2,349
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201747049.413.42$2,322
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201654046.193.09$2,494
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201641045.352.69$1,859
May 20160042.521.99$0
Apr 201635036.561.99$1,280
Mar 201605633.011.79$100
Feb 201605826.472.06$120
Jan 2016355227.352.36$1,080
Dec 201506232.362.00$124
Nov 201506038.792.17$130
Oct 2015315243.552.43$1,476
Sep 201507242.992.76$199
Aug 201506440.162.87$184
Jul 2015449348.152.95$2,392
Jun 201509556.152.88$274
May 201509655.212.96$284
Apr 2015688649.822.71$3,621
Mar 201509942.892.93$291
Feb 20154625444.662.98$2,810
Jan 20153415143.433.10$1,945
Dec 201409154.693.59$327
Nov 201409770.464.25$412
Oct 20144618778.303.90$4,331
Sep 20145026286.164.05$5,368
Aug 20144728889.394.04$5,363
Jul 2014016296.564.18$677
Jun 20143827098.164.74$5,009
May 20145533594.734.73$6,794
Apr 2014023395.944.81$1,121
Mar 20145021695.895.06$5,887
Feb 20144532897.406.19$6,414
Jan 201410342990.404.86$11,396
Dec 20135367691.824.35$7,810
Nov 20134644588.853.74$5,751
Oct 20136235597.423.78$7,382
Sep 2013103330104.113.72$11,950
Aug 2013111451104.253.52$13,160
Jul 2013115486102.523.72$13,597
Jun 20137551994.403.93$9,121
May 20133236794.834.15$4,557
Apr 20138715593.964.28$8,838
Mar 20137927793.623.91$8,480
Feb 2013027891.233.42$951
Jan 20137930891.603.42$8,290
Dec 20128630486.773.42$8,502
Nov 2012952086.953.62$8,333
Oct 201218344089.383.40$17,852
Sep 20129644994.672.92$10,399
Aug 20129533292.662.91$9,768
Jul 201217425185.133.02$15,571
Jun 20128051979.822.52$7,693
May 201217063091.612.49$17,141
Apr 201248549101.652.00$5,975
Mar 201265330105.052.22$7,562
Feb 201296143101.102.57$10,073
Jan 201221773498.092.73$23,292
Dec 201122783596.873.24$24,695
Nov 201133379595.723.31$34,507
Oct 201121687884.983.65$21,559
Sep 201131680483.623.99$29,629
Aug 201120484383.404.15$20,511
Jul 201139382094.144.52$40,701
Jun 201120067792.904.64$21,721
May 20113013,94798.134.40$46,923
Apr 2011283534105.964.33$32,301
Mar 20113135,14596.364.06$51,036
Feb 201132558285.644.18$30,266
Jan 20113386,07386.504.59$57,105
Dec 201038447585.734.35$34,986
Nov 201023330480.843.80$19,990
Oct 201023648078.103.51$20,116
Sep 201036456372.633.98$28,678
Aug 201043765973.684.42$35,111
Jul 201063072172.554.74$49,122
Jun 201067765170.364.91$50,830
May 201085666171.124.24$63,678
Apr 201070142381.694.12$59,009
Mar 201089958478.394.39$73,036
Feb 201054224473.585.44$41,208
Jan 20101,05758274.365.96$82,070
Dec 20099141,23771.445.48$72,080
Nov 20091,28745374.593.75$97,697
Oct 2009912072.544.11$66,156

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                   47 bbl  × $ 72.85 =     $3,424
Casinghead gas         0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                   $3,424

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/39742 is the state's own key, not one this site invented.