RAY 26

Operated by DISCOVERY NATURAL RESOURCES LLC (P-5 220855) 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 40685District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$48.4 M
Dec 2010 – May 2026
Value, last 12 filed months
$624 k
at the published price for each month
Months reported
186
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
OilDisposition448,247 bbl$36,512,184
Casinghead gasProduction3,496,239 Mcf$11,896,868
Total$48,409,052

Wells on this lease (7)

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 31.7229, -101.3482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.72255, -101.34830 · 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
14.3%
1 of 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
9,682 ft
7 wells filed one
Completion to plug
7.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
114.3%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
114.3%
NeitherNo plug date, and not on the schedule.
685.7%

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 9,402 and 9,853 ft, median 9,682 ft, over the 7 wells that filed a depth.

Completions filed
Dec 2010 – Jul 2016
7 of 7 wells
Plug dates filed
Dec 2018
1 of 7 wells; 6 filed none

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-1733493949,853 ftJul 2016
42-1733556626J9,743 ftMay 2016
42-1733555126B9,682 ftApr 2016
42-1733556526H9,743 ftApr 2015
42-1733428139,609 ftAug 2011Dec 2018Yes
42-1733402729,450 ftMay 2011
42-1733374419,402 ftDec 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 (186)

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

186 months

May 20266456,867106.413.05$89,550
Apr 20262096,39898.932.87$39,037
Mar 20264207,62189.753.15$61,697
Feb 20266198,36763.503.75$70,685
Jan 20262048,30059.138.00$78,445
Dec 20252206,63656.664.41$41,752
Nov 20253975,56958.593.93$45,127
Oct 202505,55459.383.30$18,355
Sep 20251986,32062.743.08$31,869
Aug 20251998,49463.933.01$38,329
Jul 202543510,25666.743.32$63,033
Jun 20252429,62766.483.13$46,208
May 202548511,28560.553.23$65,843
Apr 202548010,75262.363.54$68,028
Mar 202572510,33467.704.27$93,191
Feb 202576310,11970.884.34$98,006
Jan 202573711,52774.324.28$104,094
Dec 202419511,51268.993.12$49,386
Nov 202470011,33169.052.20$73,246
Oct 202468711,72671.372.28$75,783
Sep 202447011,29769.612.36$59,427
Aug 202443611,24075.632.06$56,170
Jul 202467312,36679.932.15$80,338
Jun 202464512,83278.082.63$84,161
May 202423615,40578.812.20$52,466
Apr 20241,45915,54784.451.66$149,008
Mar 202465915,93980.301.55$77,546
Feb 202474115,12476.091.78$83,358
Jan 20241,18115,93973.023.30$138,798
Dec 20231,40116,54971.262.61$143,040
Nov 20231,16316,57177.892.81$137,110
Oct 20231,18617,95985.443.09$156,776
Sep 202339515,93289.042.74$78,745
Aug 20231,59915,72080.522.67$170,769
Jul 20231,05617,13974.852.64$124,319
Jun 20232,27415,57768.962.26$191,995
May 202336216,15670.622.23$61,550
Apr 20231,75015,90378.122.24$172,297
Mar 20231,37014,12972.852.39$133,617
Feb 20231,09612,48675.112.47$113,107
Jan 20231,43812,50076.533.39$152,397
Dec 20221,0058,90176.415.73$127,787
Nov 20222506,60085.005.65$58,515
Oct 20226877,93487.185.86$106,416
Sep 20225588,53384.888.16$117,024
Aug 20225585,91194.529.13$106,693
Jul 202206,008101.587.54$45,313
Jun 202214,883115.097.98$39,068
May 20225205,795109.378.43$105,742
Apr 20225486,497104.226.84$101,536
Mar 20221916,620108.885.08$54,402
Feb 20225776,12491.054.86$82,291
Jan 20221986,95381.844.54$47,755
Dec 20215937,46371.323.90$71,392
Nov 20213529,38877.435.24$76,419
Oct 202154,15679.795.71$24,146
Sep 20213833,92769.865.35$47,769
Aug 20211855,03666.024.22$33,469
Jul 20211875,35770.783.98$34,568
Jun 20213764,43669.493.38$41,125
May 20215185,81363.483.02$50,424
Apr 20213446,49160.362.76$38,669
Mar 20213384,74761.302.72$33,617
Feb 20211785,12957.805.55$38,744
Jan 20215438,45250.412.81$51,125
Dec 20203599,39944.642.68$41,172
Nov 202003,73938.772.71$10,120
Oct 20201754,69136.972.48$18,096
Sep 2020184,82537.091.99$10,274
Aug 20201905,23739.982.39$20,087
Jul 20201735,39038.371.83$16,475
Jun 20203505,51234.901.69$21,532
May 20201816,33416.921.81$14,557
Apr 20205306,93114.751.80$20,324
Mar 202071410,67730.341.86$41,482
Feb 20201,24110,71949.881.98$83,132
Jan 202070714,33357.252.09$70,500
Dec 201952910,99459.012.30$56,550
Nov 201970312,30655.302.75$72,726
Oct 201968011,87853.472.42$65,087
Sep 201933612,45355.052.66$51,588
Aug 201969013,27653.112.30$67,239
Jul 201970913,84656.272.46$73,957
Jun 20191,54514,77752.782.49$118,358
May 201970613,83058.482.74$79,186
Apr 20191,33815,08662.632.75$125,296
Mar 2019313,94056.803.06$42,856
Feb 20198276,27450.852.79$59,571
Jan 20191,20911,89046.033.23$94,033
Dec 20181,25612,64046.594.19$111,421
Nov 20181,04711,62652.934.24$104,680
Oct 201868516,77961.443.40$99,103
Sep 20181,00216,26359.543.11$110,204
Aug 201869118,85759.403.07$98,872
Jul 20181,33319,21765.142.93$143,174
Jun 201885921,46960.183.08$117,753
May 20181,57621,17665.382.90$164,466
Apr 20181,72419,93463.842.90$167,885
Mar 20182,09222,69961.222.79$191,331
Feb 20181,02419,43261.782.77$117,014
Jan 20181,44717,88062.874.01$162,660
Dec 20171,42517,97857.272.92$134,133
Nov 20171,42917,64955.423.12$134,231
Oct 201751918,58849.292.98$81,042
Sep 201789617,34247.523.09$96,118
Aug 20171,44420,50845.373.00$127,129
Jul 20171,41422,74643.873.09$132,255
Jun 20171,82623,18342.493.09$149,159
May 20171,44824,74145.373.26$146,436
Apr 20171,13622,09047.933.21$125,393
Mar 20171,42721,48846.772.98$130,854
Feb 20171,45319,10350.452.95$129,707
Jan 20171,48121,25249.413.42$145,833
Dec 20161,52422,47048.763.72$157,962
Nov 20161,68920,65642.492.64$126,387
Oct 20161,47420,78946.193.09$132,327
Sep 20162,01522,60841.553.10$153,822
Aug 20161,29624,33041.442.92$124,855
Jul 20162,03626,09941.622.92$161,061
Jun 20163,26425,88145.352.69$217,534
May 20161,84325,55642.521.99$129,247
Apr 20162,21922,69936.561.99$126,321
Mar 20161,83228,36933.011.79$111,369
Feb 20161,81524,28026.472.06$98,148
Jan 20161,63024,73327.352.36$103,058
Dec 20152,52228,19132.362.00$138,034
Nov 20152,37228,78738.792.17$154,401
Oct 20152,26428,90243.552.43$168,730
Sep 20151,98130,58342.992.76$169,524
Aug 20153,57530,89240.162.87$232,309
Jul 20153,01932,32548.152.95$240,565
Jun 20153,07431,93956.152.88$264,681
May 20152,69231,98455.212.96$243,152
Apr 20153,39125,89949.822.71$239,037
Mar 20152,68126,90842.892.93$193,955
Feb 20152,24321,61844.662.98$164,512
Jan 20151,90726,11443.433.10$163,791
Dec 20144,24236,76154.693.59$364,017
Nov 20143,08931,70370.464.25$352,447
Oct 20143,55336,00178.303.90$418,638
Sep 20144,22140,97786.164.05$529,451
Aug 20143,91040,20189.394.04$511,731
Jul 20143,27042,16696.564.18$491,988
Jun 20144,78945,35498.164.74$684,925
May 20146,44948,79294.734.73$841,532
Apr 20145,29048,02595.944.81$738,481
Mar 20144,15243,60195.895.06$618,617
Feb 20145,05139,90897.406.19$739,078
Jan 20146,92850,46190.404.86$871,568
Dec 20138,19554,91991.824.35$991,609
Nov 20137,71359,57888.853.74$908,019
Oct 201312,18566,30497.423.78$1,437,649
Sep 201310,72567,812104.113.72$1,368,687
Aug 201313,12653,400104.253.52$1,556,493
Jul 201314,49633,584102.523.72$1,610,987
Jun 201311,45820,61894.403.93$1,162,734
May 20134,40723,70794.834.15$516,278
Apr 20132,23311,97393.964.28$261,088
Mar 20133,48816,76393.623.91$392,138
Feb 20131,91913,19491.233.42$220,193
Jan 20133,03016,39391.603.42$333,611
Dec 20122,33511,61186.773.42$242,319
Nov 20124,23421,60386.953.62$446,456
Oct 20123,70915,92089.383.40$385,633
Sep 20126,02024,97894.672.92$642,809
Aug 20125,86827,75292.662.91$624,436
Jul 20125,23219,54685.133.02$504,445
Jun 20122,86517,01779.822.52$271,551
May 20125,78622,94291.612.49$587,143
Apr 20124,84122,654101.652.00$537,323
Mar 20125,09824,870105.052.22$590,808
Feb 20125,29426,315101.102.57$602,859
Jan 20127,32431,42098.092.73$804,316
Dec 20117,42232,99096.873.24$825,848
Nov 201111,24537,41295.723.31$1,200,253
Oct 201110,83735,05284.983.65$1,048,817
Sep 201113,19837,44683.623.99$1,252,869
Aug 20119,04929,13383.404.15$875,569
Jul 201110,10031,11894.144.52$1,091,381
Jun 201110,73828,26592.904.64$1,128,706
May 20114,21813,33898.134.40$472,664
Apr 20114,74214,931105.964.33$567,163
Mar 20116,02217,09696.364.06$649,644
Feb 20117,38016,76885.644.18$702,113
Jan 20118,26614,55286.504.59$781,785
Dec 20103551,66785.734.35$37,682

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                  645 bbl  × $106.41 =    $68,634
Casinghead gas     6,867 Mcf  × $  3.05 =    $20,916

────────────────────────────────────────────────────
Month total                                  $89,550

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/40685 is the state's own key, not one this site invented.