SOUTHERN CROSS 31

Operated by HALVEY ENERGY, LLC (P-5 347241) 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 40464District 08Field 85280300OilSaveExport
Value, all time
$4.6 M
Jul 2010 – May 2026
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
191
no gaps in the span
Streams
1
oil

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
OilDisposition65,263 bbl$4,585,414
Total$4,585,414

Every month this lease reported (191)

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

191 months

May 2026183106.413.05$19,473
Apr 202618598.932.87$18,302
Mar 202618689.753.15$16,694
Feb 202618763.503.75$11,875
Jan 202619159.138.00$11,294
Dec 2025056.664.41$0
Nov 202517258.593.93$10,077
Oct 202519159.383.30$11,342
Sep 202518562.743.08$11,607
Aug 202517663.933.01$11,252
Jul 202518966.743.32$12,614
Jun 2025066.483.13$0
May 202518460.553.23$11,141
Apr 202517962.363.54$11,162
Mar 202519067.704.27$12,863
Feb 202518370.884.34$12,971
Jan 202518074.324.28$13,378
Dec 202417868.993.12$12,280
Nov 202419269.052.20$13,258
Oct 2024071.372.28$0
Sep 202417569.612.36$12,182
Aug 202418675.632.06$14,067
Jul 202417879.932.15$14,228
Jun 202436178.082.63$28,187
May 2024078.812.20$0
Apr 202437284.451.66$31,415
Mar 202418780.301.55$15,016
Feb 202438076.091.78$28,914
Jan 2024073.023.30$0
Dec 202335171.262.61$25,012
Nov 2023077.892.81$0
Oct 202334885.443.09$29,733
Sep 202334689.042.74$30,808
Aug 202335380.522.67$28,424
Jul 2023074.852.64$0
Jun 202317968.962.26$12,344
May 202319070.622.23$13,418
Apr 202318178.122.24$14,140
Mar 202318772.852.39$13,623
Feb 202336075.112.47$27,040
Jan 202317876.533.39$13,622
Dec 202235776.415.73$27,278
Nov 202234785.005.65$29,495
Oct 2022087.185.86$0
Sep 202235084.888.16$29,708
Aug 202217694.529.13$16,636
Jul 2022332101.587.54$33,725
Jun 2022176115.097.98$20,256
May 2022500109.378.43$54,685
Apr 2022169104.226.84$17,613
Mar 2022342108.885.08$37,237
Feb 202251691.054.86$46,982
Jan 202217581.844.54$14,322
Dec 202134171.323.90$24,320
Nov 2021077.435.24$0
Oct 202134179.795.71$27,208
Sep 202152469.865.35$36,607
Aug 202116866.024.22$11,091
Jul 202116570.783.98$11,679
Jun 202133769.493.38$23,418
May 202133263.483.02$21,075
Apr 202116760.362.76$10,080
Mar 202151361.302.72$31,447
Feb 202117057.805.55$9,826
Jan 202149150.412.81$24,751
Dec 202017144.642.68$7,633
Nov 202033438.772.71$12,949
Oct 202033736.972.48$12,459
Sep 202017337.091.99$6,417
Aug 202050639.982.39$20,230
Jul 202032738.371.83$12,547
Jun 202050834.901.69$17,729
May 202016616.921.81$2,809
Apr 202049314.751.80$7,272
Mar 202017030.341.86$5,158
Feb 202016749.881.98$8,330
Jan 202033057.252.09$18,893
Dec 201934059.012.30$20,063
Nov 201933855.302.75$18,691
Oct 201932253.472.42$17,217
Sep 201933555.052.66$18,442
Aug 201949353.112.30$26,183
Jul 201916456.272.46$9,228
Jun 201948352.782.49$25,493
May 201933558.482.74$19,591
Apr 201932762.632.75$20,480
Mar 201933256.803.06$18,858
Feb 201952150.852.79$26,493
Jan 201932746.033.23$15,052
Dec 201834346.594.19$15,980
Nov 201851352.934.24$27,153
Oct 201816561.443.40$10,138
Sep 201834859.543.11$20,720
Aug 201851259.403.07$30,413
Jul 201832365.142.93$21,040
Jun 201832660.183.08$19,619
May 201852965.382.90$34,586
Apr 201834863.842.90$22,216
Mar 201852261.222.79$31,957
Feb 201833861.782.77$20,882
Jan 201836362.874.01$22,822
Dec 201736957.272.92$21,133
Nov 201751855.423.12$28,708
Oct 201753449.292.98$26,321
Sep 201716547.523.09$7,841
Aug 201733145.373.00$15,017
Jul 201733343.873.09$14,609
Jun 201749442.493.09$20,990
May 201733945.373.26$15,380
Apr 201733747.933.21$16,152
Mar 201751046.772.98$23,853
Feb 201733550.452.95$16,901
Jan 201733649.413.42$16,602
Dec 201665148.763.72$31,743
Nov 201633142.492.64$14,064
Oct 201649846.193.09$23,003
Sep 201632641.553.10$13,545
Aug 201649741.442.92$20,596
Jul 201650341.622.92$20,935
Jun 201631645.352.69$14,331
May 201633342.521.99$14,159
Apr 201646936.561.99$17,147
Mar 201616233.011.79$5,348
Feb 201617526.472.06$4,632
Jan 201634227.352.36$9,354
Dec 201536232.362.00$11,714
Nov 201518638.792.17$7,215
Oct 201551643.552.43$22,472
Sep 201516742.992.76$7,179
Aug 201552840.162.87$21,204
Jul 201552648.152.95$25,327
Jun 201552256.152.88$29,310
May 201534055.212.96$18,771
Apr 201534549.822.71$17,188
Mar 201571342.892.93$30,581
Feb 201534944.662.98$15,586
Jan 201551743.433.10$22,453
Dec 201454854.693.59$29,970
Nov 201418170.464.25$12,753
Oct 201431578.303.90$24,665
Sep 201450986.164.05$43,855
Aug 201434189.394.04$30,482
Jul 201416996.564.18$16,319
Jun 201448798.164.74$47,804
May 201444694.734.73$42,250
Apr 201453795.944.81$51,520
Mar 201435595.895.06$34,041
Feb 201452597.406.19$51,135
Jan 201434990.404.86$31,550
Dec 201355291.824.35$50,685
Nov 201336588.853.74$32,430
Oct 201354297.423.78$52,802
Sep 2013543104.113.72$56,532
Aug 2013541104.253.52$56,399
Jul 2013177102.523.72$18,146
Jun 201336494.403.93$34,362
May 201370194.834.15$66,476
Apr 201318093.964.28$16,913
Mar 201355593.623.91$51,959
Feb 201336991.233.42$33,664
Jan 201372091.603.42$65,952
Dec 201237986.773.42$32,886
Nov 201238386.953.62$33,302
Oct 201237489.383.40$33,428
Sep 201254794.672.92$51,784
Aug 201244992.662.91$41,604
Jul 201255285.133.02$46,992
Jun 201236779.822.52$29,294
May 201255191.612.49$50,477
Apr 2012369101.652.00$37,509
Mar 2012507105.052.22$53,260
Feb 2012553101.102.57$55,908
Jan 201255498.092.73$54,342
Dec 201138496.873.24$37,198
Nov 201155795.723.31$53,316
Oct 201175784.983.65$64,330
Sep 201155983.623.99$46,744
Aug 201118683.404.15$15,512
Jul 201152194.144.52$49,047
Jun 201152092.904.64$48,308
May 201154198.134.40$53,088
Apr 2011366105.964.33$38,781
Mar 201172196.364.06$69,476
Feb 201136285.644.18$31,002
Jan 201136486.504.59$31,486
Dec 201053885.734.35$46,123
Nov 201035080.843.80$28,294
Oct 201052978.103.51$41,315
Sep 201035272.633.98$25,566
Aug 201016473.684.42$12,084
Jul 2010072.554.74$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                  183 bbl  × $106.41 =    $19,473

────────────────────────────────────────────────────
Month total                                  $19,473

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/40464 is the state's own key, not one this site invented.