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FEE "AA"

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) 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 40483District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$136.0 M
Jul 2010 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
191
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition1,490,380 bbl$118,817,356
Casinghead gasProduction4,941,878 Mcf$17,180,281
Total$135,997,637

Wells on this lease (21)

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 32.0187, -102.2225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.01863, -102.22284 · 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 21 wells
With a plug date
0.0%
0 of 21 wells
Median depth
11,000 ft
21 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.
21100.0%

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

Total depth in feet, 21 of 21 wells. Median 11,000 ft, with the middle half between 10,832 and 11,070 ft; the shallowest is 10,685 ft and the deepest 13,365 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 21 of 21 wells, Aug 2010 – Mar 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 2010 – Mar 2022
21 of 21 wells

21 wells

42-32931214113,365 ftMar 2022——
42-32936598211010,984 ftDec 2015——
42-32936590210810,755 ftOct 2015——
42-32936929211911,162 ftOct 2014——
42-32936603211411,070 ftSep 2014——
42-32936928211811,000 ftFeb 2014——
42-32936592210710,755 ftApr 2013——
42-32936607211311,161 ftJun 2011——
42-32936606211211,200 ftMay 2011——
42-32936597211111,001 ftMay 2011——
42-32936608210511,000 ftMay 2011——
42-32936593211611,017 ftApr 2011——
42-32936961212011,085 ftApr 2011——
42-32936596210411,000 ftApr 2011——
42-32936595210610,970 ftMar 2011——
42-32936594211510,960 ftMar 2011——
42-32936927211711,000 ftMar 2011——
42-329369072102X10,764 ftMar 2011——
42-32936602210310,800 ftJan 2011——
42-32936601210910,685 ftJan 2011——
42-32936543210110,832 ftAug 2010——

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 (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 20262,6107,405106.413.05$300,285
Apr 20262,7857,22698.932.87$296,257
Mar 20262,9416,56789.753.15$284,637
Feb 20262,2715,56763.503.75$165,087
Jan 20262,6056,48159.138.00$205,868
Dec 20253,1547,45556.664.41$211,607
Nov 20252,9146,85858.593.93$197,659
Oct 20252,8276,82959.383.30$190,436
Sep 20253,0496,80562.743.08$212,233
Aug 20253,0056,41163.933.01$211,437
Jul 20253,4866,54866.743.32$254,364
Jun 20253,2785,65066.483.13$235,599
May 20253,4826,01460.553.23$230,274
Apr 20253,7146,20962.363.54$253,604
Mar 20253,4895,21367.704.27$258,456
Feb 20251,9512,37270.884.34$148,583
Jan 20251281,03574.324.28$13,941
Dec 20242,0665,66168.993.12$160,203
Nov 20242,8589,04169.052.20$217,221
Oct 20243,0559,58871.372.28$239,909
Sep 20243,3119,40769.612.36$252,720
Aug 20242,3509,74275.632.06$197,834
Jul 20243,0479,68279.932.15$264,330
Jun 20242,8569,26078.082.63$247,387
May 20243,2309,36578.812.20$275,145
Apr 20242,8608,62084.451.66$255,829
Mar 20243,0729,15380.301.55$260,824
Feb 20242,7968,44876.091.78$227,816
Jan 20243,5889,31873.023.30$292,723
Dec 20233,0418,53271.262.61$238,976
Nov 20233,0269,21777.892.81$261,572
Oct 20233,4529,81585.443.09$325,241
Sep 20232,9429,46089.042.74$287,829
Aug 20233,1449,85080.522.67$279,483
Jul 20233,2179,70274.852.64$266,423
Jun 20233,0319,55568.962.26$230,598
May 20233,5619,60770.622.23$272,876
Apr 20233,2558,87678.122.24$274,143
Mar 20233,2458,97372.852.39$257,872
Feb 20233,2677,98775.112.47$265,078
Jan 20233,8848,87176.533.39$327,295
Dec 20223,5908,67976.415.73$324,035
Nov 20222,8107,16485.005.65$279,299
Oct 20223,9169,31187.185.86$395,994
Sep 20223,6999,89784.888.16$394,767
Aug 20222,9219,41094.529.13$361,980
Jul 20222,8729,851101.587.54$366,035
Jun 20223,4669,866115.097.98$477,605
May 20223,81010,234109.378.43$503,003
Apr 20223,7429,931104.226.84$457,895
Mar 20223,8159,920108.885.08$465,735
Feb 20223,6848,84291.054.86$378,390
Jan 20224,4379,69581.844.54$407,117
Dec 20213,9769,52371.323.90$320,700
Nov 20213,7879,18877.435.24$341,344
Oct 20214,5039,88179.795.71$415,753
Sep 20213,2228,64769.865.35$271,358
Aug 20213,8619,74166.024.22$296,016
Jul 20213,80210,60870.783.98$311,347
Jun 20214,36710,59569.493.38$339,281
May 20214,45510,67663.483.02$315,020
Apr 20215,20110,15860.362.76$341,952
Mar 20215,8659,88661.302.72$386,384
Feb 20213,0138,95857.805.55$223,850
Jan 20215175050.412.81$26,202
Dec 20202,3536,39344.642.68$122,142
Nov 20204,71910,15238.772.71$210,433
Oct 20204,92110,12536.972.48$207,023
Sep 20205,45210,45137.091.99$223,023
Aug 20205,4439,77439.982.39$240,923
Jul 20204,3897,97038.371.83$182,952
Jun 20203,3346,93234.901.69$128,074
May 20209325,30116.921.81$25,389
Apr 20209454,46914.751.80$22,003
Mar 20201,0306,22730.341.86$42,809
Feb 20203,13114,61249.881.98$185,116
Jan 20203,83017,65757.252.09$256,254
Dec 20194,14417,77359.012.30$285,493
Nov 20193,54517,20755.302.75$243,370
Oct 20193,89918,21153.472.42$252,524
Sep 20194,01618,17855.052.66$269,385
Aug 20193,51418,63853.112.30$229,577
Jul 20193,95218,80256.272.46$268,633
Jun 20193,44418,27952.782.49$227,311
May 20194,19119,26558.482.74$297,882
Apr 20193,65217,76862.632.75$277,599
Mar 20194,09718,26156.803.06$288,627
Feb 20194,14216,93850.852.79$257,915
Jan 20193,63718,66546.033.23$227,665
Dec 20181,40818,35646.594.19$142,427
Nov 20184,37618,92352.934.24$311,803
Oct 20183,93517,30061.443.40$300,553
Sep 20184,03519,25059.543.11$300,073
Aug 20184,03720,11159.403.07$301,469
Jul 20183,94520,67865.142.93$317,603
Jun 20183,78919,70360.183.08$288,647
May 20184,08121,12065.382.90$328,081
Apr 20184,21120,19463.842.90$327,409
Mar 20184,27321,63061.222.79$321,872
Feb 20183,96618,78361.782.77$296,976
Jan 20183,95017,56362.874.01$318,752
Dec 20174,55121,94057.272.92$324,734
Nov 20174,49021,43055.423.12$315,662
Oct 20174,64022,71549.292.98$296,480
Sep 20174,36022,31847.523.09$276,089
Aug 20174,68523,44445.373.00$282,994
Jul 20174,58423,72043.873.09$274,330
Jun 20174,67322,90842.493.09$269,279
May 20174,95423,21745.373.26$300,529
Apr 20174,45823,04747.933.21$287,690
Mar 20175,12224,14146.772.98$311,585
Feb 20174,43121,34650.452.95$286,570
Jan 20175,16324,21249.413.42$337,880
Dec 20165,27024,31648.763.72$347,490
Nov 20165,12724,72942.492.64$283,238
Oct 20165,36126,35846.193.09$329,078
Sep 20165,23325,06441.553.10$295,145
Aug 20165,46927,17641.442.92$306,107
Jul 20165,42427,33241.622.92$305,675
Jun 20165,43026,67745.352.69$317,900
May 20165,94128,09942.521.99$308,558
Apr 20165,20126,80136.561.99$243,510
Mar 20166,13628,79433.011.79$254,206
Feb 20165,48427,28926.472.06$201,476
Jan 20166,46429,52327.352.36$246,593
Dec 20156,48230,30632.362.00$270,412
Nov 20155,89929,38838.792.17$292,516
Oct 20156,31431,73943.552.43$351,992
Sep 20155,94331,86342.992.76$343,381
Aug 20156,06133,15940.162.87$338,659
Jul 20156,11733,57648.152.95$393,418
Jun 20156,58833,71056.152.88$467,097
May 20157,49136,26355.212.96$520,752
Apr 20157,11235,73949.822.71$451,050
Mar 20157,81037,62642.892.93$445,392
Feb 20157,23834,61544.662.98$426,270
Jan 20158,56038,40343.433.10$490,834
Dec 20149,22541,08854.693.59$652,077
Nov 20148,98840,70970.464.25$806,383
Oct 20148,83940,74778.303.90$851,046
Sep 20148,11539,70786.164.05$859,821
Aug 201411,27546,48989.394.04$1,195,461
Jul 20149,77644,02196.564.18$1,127,961
Jun 20147,10340,89898.164.74$890,959
May 20148,12945,02794.734.73$982,883
Apr 20147,99946,15895.944.81$989,403
Mar 20148,89749,61895.895.06$1,104,042
Feb 20148,82846,25897.406.19$1,146,277
Jan 20149,63351,63490.404.86$1,121,802
Dec 20139,84155,77291.824.35$1,146,459
Nov 20139,29961,04388.853.74$1,054,412
Oct 201311,01665,70197.423.78$1,321,486
Sep 201310,71266,125104.113.72$1,361,062
Aug 201310,41160,695104.253.52$1,299,152
Jul 201311,37063,169102.523.72$1,400,498
Jun 201312,47863,98694.403.93$1,429,606
May 201312,01054,06894.834.15$1,363,241
Apr 201311,31352,79593.964.28$1,289,069
Mar 201312,14050,10093.623.91$1,332,582
Feb 201310,70946,68291.233.42$1,136,630
Jan 201313,60057,88291.603.42$1,443,711
Dec 201213,98258,51986.773.42$1,413,362
Nov 201215,07760,04986.953.62$1,528,620
Oct 201215,38257,11289.383.40$1,569,006
Sep 201215,13557,87994.672.92$1,601,745
Aug 201216,25562,36992.662.91$1,687,567
Jul 201217,64567,04585.133.02$1,704,648
Jun 201217,99660,21179.822.52$1,588,115
May 201219,16156,39191.612.49$1,895,658
Apr 201220,23259,317101.652.00$2,175,027
Mar 201220,61761,926105.052.22$2,303,420
Feb 201220,90564,218101.102.57$2,278,551
Jan 201225,24273,68398.092.73$2,677,443
Dec 201128,73078,88796.873.24$3,038,648
Nov 201130,61084,82795.723.31$3,210,875
Oct 201135,69690,73784.983.65$3,364,504
Sep 201138,73594,01783.623.99$3,613,754
Aug 201152,564111,04483.404.15$4,844,595
Jul 201166,304113,71294.144.52$6,755,523
Jun 201169,794100,65592.904.64$6,950,890
May 201146,03262,58898.134.40$4,792,809
Apr 201132,74732,171105.964.33$3,609,278
Mar 201121,56328,26296.364.06$2,192,479
Feb 201121,53428,58985.644.18$1,963,673
Jan 201116,20416,72986.504.59$1,478,412
Dec 20107,6558,89185.734.35$694,919
Nov 20102,6854,42080.843.80$233,831
Oct 20104,3016,78478.103.51$359,712
Sep 20105,4344,72372.633.98$413,466
Aug 20101,9621,84273.684.42$152,701
Jul 201033718172.554.74$25,307

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                2,610 bbl  × $106.41 =   $277,730
Casinghead gas     7,405 Mcf  × $  3.05 =    $22,554

────────────────────────────────────────────────────
Month total                                 $300,285

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/40483 is the state's own key, not one this site invented.