GOLDEN

Operated by CHEVRON U. S. A. INC. (P-5 148113) 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 40940District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$17.8 M
Mar 2011 – Jul 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
125
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
OilDisposition204,703 bbl$16,140,489
Casinghead gasProduction477,863 Mcf$1,690,311
Total$17,830,800

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 31.7115, -101.9277. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.71224, -101.92776 · 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
100.0%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
10,905 ft
7 wells filed one
Completion to plug
9.7 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,805 and 10,955 ft, median 10,905 ft, over the 7 wells that filed a depth.

Completions filed
Mar 2011 – Mar 2012
7 of 7 wells
Plug dates filed
May 2021 – Jun 2021
7 of 7 wells

Last completion to plug: a median of 9.7 years across the 7 wells that filed both dates, with the middle half between 9.5 years and 9.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-32937474290810,905 ftMar 2012Jun 2021Yes
42-32937476290610,905 ftFeb 2012Jun 2021Yes
42-32937475290510,952 ftOct 2011Jun 2021Yes
42-32936999290410,955 ftOct 2011Jun 2021Yes
42-32936997290210,860 ftSep 2011May 2021Yes
42-32936996290310,873 ftMar 2011Jun 2021Yes
42-32936998290110,805 ftMar 2011May 2021Yes

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 (125)

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

125 months

Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020332034.901.69$11,587
May 202017416116.921.81$3,236
Apr 202018424814.751.80$3,161
Mar 202035131030.341.86$11,225
Feb 202054062549.881.98$28,173
Jan 202054488057.252.09$32,987
Dec 201954685659.012.30$34,192
Nov 201954358955.302.75$31,648
Oct 201955280453.472.42$31,460
Sep 201918165655.052.66$11,707
Aug 201949758453.112.30$27,741
Jul 201935545656.272.46$21,098
Jun 201936152352.782.49$20,356
May 201952072758.482.74$32,402
Apr 201952562062.632.75$34,586
Mar 201952776856.803.06$32,285
Feb 201935945950.852.79$19,537
Jan 201918142046.033.23$9,687
Dec 201853557546.594.19$27,332
Nov 201897777052.934.24$54,975
Oct 20181,0551,03061.443.40$68,319
Sep 201887598759.543.11$55,165
Aug 201852399559.403.07$34,117
Jul 201849846365.142.93$33,797
Jun 201834723360.183.08$21,599
May 20186961,10365.382.90$48,704
Apr 201887962063.842.90$57,914
Mar 201852360361.222.79$33,699
Feb 201817637661.782.77$11,913
Jan 201835979962.874.01$25,774
Dec 20177411,12957.272.92$45,735
Nov 201773386255.423.12$43,311
Oct 20171,1171,40549.292.98$59,249
Sep 20171,2801,96047.523.09$66,877
Aug 20179071,81945.373.00$46,616
Jul 20171,2391,91443.873.09$60,264
Jun 20178951,23342.493.09$41,835
May 201767999145.373.26$34,040
Apr 20171,0422,53647.933.21$58,088
Mar 20171,5542,49146.772.98$80,113
Feb 20171,0581,97050.452.95$59,193
Jan 20171,6182,76949.413.42$89,412
Dec 20169292,33748.763.72$53,998
Nov 20161,0442,02642.492.64$49,717
Oct 20161,2442,39646.193.09$64,865
Sep 20161,5892,29641.553.10$73,142
Aug 20161,5712,62841.442.92$72,787
Jul 20161,0302,44341.622.92$50,013
Jun 20161,5763,12845.352.69$79,873
May 20162,0713,54642.521.99$95,119
Apr 20161,8913,81936.561.99$76,739
Mar 20161,8802,92833.011.79$67,312
Feb 20162,1523,23326.472.06$63,635
Jan 20162,0583,23327.352.36$63,930
Dec 20152,0253,33332.362.00$72,200
Nov 20151,3692,20238.792.17$57,876
Oct 20157441,84843.552.43$36,886
Sep 20157672,08342.992.76$38,719
Aug 20159372,45140.162.87$44,670
Jul 20157401,38148.152.95$39,698
Jun 20157161,84656.152.88$45,525
May 20159353,39755.212.96$61,661
Apr 20151,2734,47049.822.71$75,519
Mar 20152,2355,97042.892.93$113,379
Feb 20151,6175,45944.662.98$88,462
Jan 20151,9035,88243.433.10$100,885
Dec 20141,7007,18054.693.59$118,759
Nov 20142,3778,00570.464.25$201,519
Oct 20141,5988,66578.303.90$158,925
Sep 20142,3869,83286.164.05$245,353
Aug 20142,63910,79689.394.04$279,463
Jul 20141,88810,64596.564.18$226,797
Jun 20142,94311,11298.164.74$341,521
May 20142,03410,16594.734.73$240,726
Apr 20143,90110,88595.944.81$426,609
Mar 20141,8937,24195.895.06$218,136
Feb 20142,4396,70297.406.19$279,057
Jan 20142,2874,11190.404.86$226,727
Dec 20131,2455,20591.824.35$136,981
Nov 20132,1116,30088.853.74$211,114
Oct 20132,1464,82497.423.78$227,295
Sep 20132,7108,667104.113.72$314,360
Aug 20131,7145,646104.253.52$198,573
Jul 20132,7818,062102.523.72$315,081
Jun 20134,4739,46194.403.93$459,465
May 20131,5786,28694.834.15$175,723
Apr 20133,8357,21293.964.28$391,223
Mar 20132,9756,19493.623.91$302,756
Feb 20132,7015,02391.233.42$263,590
Jan 20134,0677,89891.603.42$399,548
Dec 20123,1696,91986.773.42$298,638
Nov 20124,3245,74086.953.62$396,779
Oct 20125,0229,91089.383.40$482,557
Sep 20123,1166,65094.672.92$314,399
Aug 20125,08210,16792.662.91$500,465
Jul 20122,5855,79985.133.02$237,579
Jun 20122,6176,26679.822.52$224,673
May 20124,3869,19991.612.49$424,692
Apr 20124,3327,769101.652.00$455,861
Mar 20126,56911,832105.052.22$716,365
Feb 20123,1957,455101.102.57$342,176
Jan 20122,1947,72798.092.73$236,336
Dec 20113,54010,92396.873.24$378,307
Nov 20115,25812,98695.723.31$546,296
Oct 20113,64910,19384.983.65$347,282
Sep 20114,0116,36383.623.99$360,761
Aug 20111,7345,60383.404.15$167,864
Jul 20112,6998,78394.144.52$293,759
Jun 20113,4288,96192.904.64$360,039
May 20113,9938,66898.134.40$430,014
Apr 20115,0437,388105.964.33$566,371
Mar 20112,4622,79196.364.06$248,562

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.

Jun 2020 — as filed, then multipliedworked
Oil                  332 bbl  × $ 34.90 =    $11,587
Casinghead gas         0 Mcf  × $  1.69 =         $0

────────────────────────────────────────────────────
Month total                                  $11,587

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/40940 is the state's own key, not one this site invented.