BILLINGSLEY

Operated by NEW HEIGHT ENERGY, LLC (P-5 100152) 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 40587District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$10.5 M
Oct 2010 – May 2026
Value, last 12 filed months
$124 k
at the published price for each month
Months reported
188
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
OilDisposition132,857 bbl$9,495,150
Casinghead gasProduction278,254 Mcf$967,563
Total$10,462,713

Wells on this lease (4)

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 32.3397, -101.8030. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.33966, -101.80291 · 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 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
10,996 ft
4 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
375.0%

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

Between 10,933 and 11,055 ft, median 10,996 ft, over the 4 wells that filed a depth.

Completions filed
Oct 2010 – Feb 2014
4 of 4 wells
Plug dates filed
Dec 1985
1 of 4 wells; 3 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3173884719O11,055 ftFeb 2014
42-3173884819I11,041 ftFeb 2014
42-3173745319P10,933 ftJun 2012
42-31733271190110,950 ftOct 2010Dec 1985

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 (188)

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

188 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202601263.503.75$45
Jan 2026026759.138.00$2,135
Dec 20251811,22956.664.41$15,679
Nov 202501,26158.593.93$4,951
Oct 20251871,37959.383.30$15,661
Sep 20253441,35462.743.08$25,749
Aug 202541,38463.933.01$4,428
Jul 20253221,34566.743.32$25,949
Jun 20253851,24266.483.13$29,481
May 20251831,16560.553.23$14,846
Apr 202518369562.363.54$13,874
Mar 202555380667.704.27$40,878
Feb 202538289070.884.34$30,940
Jan 202556881274.324.28$45,688
Dec 20241811668.993.12$12,537
Nov 20243501069.052.20$24,189
Oct 202435793971.372.28$27,621
Sep 2024536669.612.36$37,325
Aug 20245151075.632.06$38,970
Jul 20241823279.932.15$14,616
Jun 20245502778.082.63$43,015
May 202471867478.812.20$58,067
Apr 202417273284.451.66$15,740
Mar 202454585580.301.55$45,085
Feb 202455477876.091.78$43,542
Jan 202453871473.023.30$41,639
Dec 202335570271.262.61$27,130
Nov 202336184477.892.81$30,488
Oct 202353893985.443.09$48,866
Sep 202329251089.042.74$27,395
Aug 20237021,12980.522.67$59,543
Jul 20233621,08774.852.64$29,967
Jun 20235431,12968.962.26$39,995
May 202356066970.622.23$41,037
Apr 202318433778.122.24$15,128
Mar 202354672772.852.39$41,516
Feb 202317744075.112.47$14,379
Jan 202336790476.533.39$31,149
Dec 202235231976.415.73$28,724
Nov 202265060085.005.65$58,638
Oct 202218764487.185.86$20,079
Sep 202252561084.888.16$49,542
Aug 202271456594.529.13$72,644
Jul 2022545568101.587.54$59,645
Jun 2022551842115.097.98$70,131
May 20221,0701,421109.378.43$129,009
Apr 20226880104.226.84$71,703
Mar 20228721,238108.885.08$101,228
Feb 202218692891.054.86$21,444
Jan 202235092881.844.54$32,855
Dec 202152996571.323.90$41,491
Nov 202136995277.435.24$33,557
Oct 20217171,09379.795.71$63,455
Sep 20215091,19669.865.35$41,958
Aug 20215311,19666.024.22$40,104
Jul 20218941,53770.783.98$69,398
Jun 20211,0391,55369.493.38$77,450
May 20213271,26363.483.02$24,569
Apr 20217111,13560.362.76$46,047
Mar 202152691761.302.72$34,735
Feb 202170946857.805.55$43,577
Jan 20219031,19650.412.81$48,881
Dec 20201761,10644.642.68$10,816
Nov 20207071,16138.772.71$30,553
Oct 20203411,27036.972.48$15,754
Sep 20205181,26637.091.99$21,733
Aug 20206781,54939.982.39$30,801
Jul 20206811,57538.371.83$29,005
Jun 20207181,63034.901.69$27,813
May 20206851,61816.921.81$14,526
Apr 20201,0601,70114.751.80$18,704
Mar 20208821,70730.341.86$29,928
Feb 20203511,31949.881.98$20,120
Jan 20201,0771,57857.252.09$64,964
Dec 20191,0711,29159.012.30$66,175
Nov 20198841,39155.302.75$52,711
Oct 20191,0431,02953.472.42$58,258
Sep 20191,05382255.052.66$60,152
Aug 20191,73972953.112.30$94,038
Jul 201933766856.272.46$20,606
Jun 20193351,06752.782.49$20,339
May 201951728158.482.74$31,004
Apr 20195211,46962.632.75$36,671
Mar 20195051,52356.803.06$33,348
Feb 20195371,36350.852.79$31,112
Jan 20197001,48646.033.23$37,018
Dec 20185401,51346.594.19$31,491
Nov 20185361,51652.934.24$34,794
Oct 20185161,61861.443.40$37,201
Sep 20187161,58959.543.11$47,569
Aug 20183671,62659.403.07$26,786
Jul 20185491,67765.142.93$40,679
Jun 2018481060.183.08$28,947
May 2018508065.382.90$33,213
Apr 20185161,68963.842.90$37,841
Mar 20186801,73161.222.79$46,454
Feb 20185141,55561.782.77$36,056
Jan 20185401,75262.874.01$40,974
Dec 20175631,84657.272.92$37,636
Nov 20175411,72955.423.12$35,374
Oct 20175221,71349.292.98$30,840
Sep 20175221,95347.523.09$30,835
Aug 20176862,05145.373.00$37,286
Jul 20176672,08643.873.09$35,701
Jun 20175091,87342.493.09$27,410
May 20177011,89845.373.26$37,998
Apr 20175141,91447.933.21$30,783
Mar 20175171,93946.772.98$29,965
Feb 20176951,74850.452.95$40,224
Jan 20175062,00049.413.42$31,839
Dec 20166962,02448.763.72$41,472
Nov 20168362,12142.492.64$41,130
Oct 20166832,19246.193.09$38,322
Sep 20165392,12041.553.10$28,969
Aug 20165672,23141.442.92$30,021
Jul 20169042,38141.622.92$44,587
Jun 20165632,19945.352.69$31,438
May 20167482,30142.521.99$36,386
Apr 20169222,35036.561.99$38,387
Mar 20167582,43833.011.79$29,395
Feb 20165572,10126.472.06$19,079
Jan 20161,1162,46127.352.36$36,341
Dec 20151,0442,59632.362.00$38,980
Nov 20155292,71738.792.17$26,409
Oct 20151,0472,54843.552.43$51,780
Sep 20157522,74542.992.76$39,900
Aug 20157252,85440.162.87$37,314
Jul 20151,0902,86748.152.95$60,927
Jun 20158842,78856.152.88$57,674
May 20158703,30755.212.96$57,806
Apr 20151,0353,26649.822.71$60,403
Mar 20157203,33542.892.93$40,668
Feb 20151,2713,16944.662.98$66,194
Jan 20159083,54343.433.10$50,420
Dec 20141,0603,62754.693.59$70,997
Nov 20141,0732,86570.464.25$87,785
Oct 20141,4373,48378.303.90$126,104
Sep 20141,2813,54686.164.05$124,716
Aug 20141,0603,79189.394.04$110,051
Jul 20141,6174,76196.564.18$176,037
Jun 20141,4495,41298.164.74$167,870
May 20142,2758,29494.734.73$254,713
Apr 20142,5339,54695.944.81$288,924
Mar 20143,6137,23595.895.06$383,037
Feb 20141,6323,84197.406.19$182,740
Jan 20147261,35290.404.86$72,202
Dec 20137181,36091.824.35$71,849
Nov 20131,0961,11588.853.74$101,548
Oct 201335465197.423.78$36,947
Sep 2013361933104.113.72$41,052
Aug 2013954794104.253.52$102,251
Jul 2013455525102.523.72$48,598
Jun 201347356694.403.93$46,878
May 20139181,02994.834.15$91,323
Apr 201350399593.964.28$51,523
Mar 20139121,02993.623.91$89,408
Feb 201373992991.233.42$70,596
Jan 20139131,02991.603.42$87,150
Dec 20121,1521,02986.773.42$103,478
Nov 201255394386.953.62$51,502
Oct 20121,1161,67889.383.40$105,453
Sep 20121,2792,14594.672.92$127,343
Aug 20121,5651,12692.662.91$148,287
Jul 20123,0671,25685.133.02$264,888
Jun 201258089079.822.52$48,538
May 201255357691.612.49$52,094
Apr 2012181675101.652.00$19,746
Mar 2012895413105.052.22$94,937
Feb 2012549637101.102.57$57,141
Jan 20127321,05398.092.73$74,681
Dec 201118585796.873.24$20,697
Nov 201154660095.723.31$54,250
Oct 20117253084.983.65$61,720
Sep 20111,29116683.623.99$108,615
Aug 201136663983.404.15$33,176
Jul 20111,9983,57994.144.52$204,259
Jun 20111022092.904.64$1,950
May 20111,0531,56698.134.40$110,229
Apr 20111,068873105.964.33$116,948
Mar 20112,1992,96796.364.06$223,934
Feb 20111,09798085.644.18$98,043
Jan 20112,0402,04586.504.59$185,844
Dec 20101,10714985.734.35$95,551
Nov 2010573080.843.80$46,321
Oct 20108078.103.51$625

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.

Feb 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 63.50 =         $0
Casinghead gas        12 Mcf  × $  3.75 =        $45

────────────────────────────────────────────────────
Month total                                      $45

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/40587 is the state's own key, not one this site invented.