STALLINGS ADKINS

Operated by OWL OPS LLC (P-5 100332) 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 40963District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$10.0 M
Jan 2011 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
185
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
OilDisposition106,737 bbl$8,476,287
Casinghead gasProduction454,434 Mcf$1,540,877
Total$10,017,165

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 32.1014, -101.6618. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.10164, -101.66265 · 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
75.0%
3 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
10,507 ft
4 wells filed one
Completion to plug
4.7 years
median over 3 wells

What the state filed about each well

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

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 10,020 and 10,735 ft, median 10,507 ft, over the 4 wells that filed a depth.

Completions filed
Jan 2011 – Nov 2019
4 of 4 wells
Plug dates filed
Sep 2015 – Oct 2022
3 of 4 wells; 1 filed none

Last completion to plug: a median of 4.7 years across the 3 wells that filed both dates, with the middle half between 3.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-22737954373210,735 ftNov 2019Oct 2022Yes
42-22737653374310,440 ftMar 2014
42-22736780210,574 ftDec 2011Sep 2022Yes
42-22736419110,020 ftJan 2011Sep 2015Yes

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 (185)

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

185 months

May 202600106.413.05$0
Apr 2026069998.932.87$2,006
Mar 2026041289.753.15$1,298
Feb 202616958663.503.75$12,929
Jan 2026061759.138.00$4,935
Dec 202518465556.664.41$13,316
Nov 2025062158.593.93$2,438
Oct 2025067959.383.30$2,244
Sep 202518367762.743.08$13,564
Aug 2025068863.933.01$2,074
Jul 202517270266.743.32$13,807
Jun 2025068866.483.13$2,153
May 202518345560.553.23$12,551
Apr 202518884162.363.54$14,703
Mar 2025098567.704.27$4,204
Feb 20250070.884.34$0
Jan 20250574.324.28$21
Dec 20240068.993.12$0
Nov 2024181069.052.20$12,498
Oct 2024185071.372.28$13,203
Sep 2024070669.612.36$1,669
Aug 2024075575.632.06$1,558
Jul 202417676079.932.15$15,699
Jun 2024074178.082.63$1,952
May 202417270478.812.20$15,103
Apr 2024069784.451.66$1,156
Mar 202417474080.301.55$15,116
Feb 2024070776.091.78$1,261
Jan 202417672873.023.30$15,252
Dec 202316877371.262.61$13,990
Nov 2023029877.892.81$837
Oct 202317329185.443.09$15,680
Sep 2023066989.042.74$1,830
Aug 202333581980.522.67$29,163
Jul 2023086174.852.64$2,275
Jun 202335178768.962.26$25,982
May 2023091370.622.23$2,034
Apr 202301,05478.122.24$2,359
Mar 202351884072.852.39$39,747
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022048976.415.73$2,802
Nov 202217378685.005.65$19,143
Oct 202218365187.185.86$19,771
Sep 202201,04984.888.16$8,564
Aug 20221651,14694.529.13$26,056
Jul 202201,518101.587.54$11,449
Jun 20223401,465115.097.98$50,817
May 20221731,545109.378.43$31,950
Apr 20221721,529104.226.84$28,381
Mar 202201,097108.885.08$5,569
Feb 20223551,30091.054.86$38,639
Jan 202201,54981.844.54$7,029
Dec 20211681,52271.323.90$17,916
Nov 20211691,38677.435.24$20,344
Oct 20213421,46979.795.71$35,682
Sep 202101,46169.865.35$7,818
Aug 20211711,68366.024.22$18,393
Jul 20211871,45170.783.98$19,014
Jun 202101,46469.493.38$4,949
May 20213401,53763.483.02$26,221
Apr 202101,39660.362.76$3,851
Mar 20213421,03061.302.72$23,763
Feb 202101,16957.805.55$6,486
Jan 20213471,59150.412.81$21,963
Dec 20201681,69344.642.68$12,029
Nov 20201721,65038.772.71$11,134
Oct 20201721,74836.972.48$10,691
Sep 20201661,69537.091.99$9,532
Aug 20203431,77639.982.39$17,949
Jul 202001,78438.371.83$3,256
Jun 20201661,22834.901.69$7,869
May 20201471,80916.921.81$5,770
Apr 20201781,76914.751.80$5,817
Mar 20203621,85030.341.86$14,417
Feb 20201761,70649.881.98$12,158
Jan 20201781,92957.252.09$14,231
Dec 20191701,89559.012.30$14,398
Nov 20191811,82455.302.75$15,027
Oct 20193401,99353.472.42$23,000
Sep 20191781,82055.052.66$14,635
Aug 20191801,80853.112.30$13,726
Jul 20191801,83956.272.46$14,653
Jun 20191771,93552.782.49$14,163
May 20193482,14958.482.74$26,240
Apr 20193641,81262.632.75$27,782
Mar 20191701,86256.803.06$15,358
Feb 20191732,08450.852.79$14,616
Jan 20195302,41946.033.23$32,205
Dec 20185292,55446.594.19$35,336
Nov 20182012,52752.934.24$21,346
Oct 20185212,66761.443.40$41,073
Sep 20181702,64059.543.11$18,327
Aug 20185092,94759.403.07$39,272
Jul 20185172,66765.142.93$41,497
Jun 201802,26560.183.08$6,969
May 20186812,65165.382.90$52,214
Apr 201802,69963.842.90$7,829
Mar 20185142,92561.222.79$39,619
Feb 20183482,49561.782.77$28,401
Jan 20181712,85062.874.01$22,177
Dec 20173682,98357.272.92$29,790
Nov 20176683,16855.423.12$46,900
Oct 20171763,30249.292.98$18,527
Sep 20173433,21347.523.09$26,219
Aug 20176833,29645.373.00$40,890
Jul 20173413,75943.873.09$26,565
Jun 20176813,65042.493.09$40,204
May 20171723,78345.373.26$20,149
Apr 20171,0223,57347.933.21$60,460
Mar 20173373,68746.772.98$26,762
Feb 20171703,46350.452.95$18,801
Jan 20171,0173,74149.413.42$63,040
Dec 20168533,87648.763.72$56,022
Nov 20165103,58742.492.64$31,155
Oct 20161,0155,29046.193.09$63,230
Sep 20168624,60841.553.10$50,104
Aug 20166844,00341.442.92$40,051
Jul 20162674,13741.622.92$23,211
Jun 20163424,11345.352.69$26,557
May 20161313,92742.521.99$13,389
Apr 20164013,87036.561.99$22,366
Mar 20161994,07433.011.79$13,878
Feb 20163353,79726.472.06$16,703
Jan 20166274,30427.352.36$27,325
Dec 20152824,23732.362.00$17,605
Nov 20151674,54638.792.17$16,331
Oct 20159803,64443.552.43$51,521
Sep 20155804,38442.992.76$37,027
Aug 20154614,84640.162.87$32,434
Jul 20153153,85248.152.95$26,512
Jun 20153085,44756.152.88$32,997
May 20157835,83455.212.96$60,472
Apr 20156644,92749.822.71$46,416
Mar 20154826,05942.892.93$38,454
Feb 20158545,62744.662.98$54,887
Jan 20157306,78043.433.10$52,726
Dec 20141,0677,02754.693.59$83,591
Nov 20141,0477,81670.464.25$107,004
Oct 20141,0372,18278.303.90$89,709
Sep 20141,6872,93886.164.05$157,237
Aug 20141,56010,05689.394.04$180,026
Jul 20141,5598,40896.564.18$185,679
Jun 20141,5488,63798.164.74$192,864
May 20142,4066,65494.734.73$259,371
Apr 20142,5618,32895.944.81$285,753
Mar 20141,3944,44795.895.06$156,158
Feb 20144862,87797.406.19$65,151
Jan 20148613,56090.404.86$95,139
Dec 20138583,50391.824.35$94,035
Nov 20136773,54688.853.74$73,407
Oct 20136873,61997.423.78$80,605
Sep 20138373,836104.113.72$101,401
Aug 20138353,951104.253.52$100,967
Jul 20131,1964,007102.523.72$137,511
Jun 20138402,56194.403.93$89,369
May 20131,1244,32594.834.15$124,534
Apr 20131,2383,92893.964.28$133,144
Mar 20137223,62093.623.91$81,758
Feb 20131,4414,36491.233.42$146,387
Jan 20131,6064,79391.603.42$163,501
Dec 20121,0904,85586.773.42$111,184
Nov 20121,6234,94586.953.62$159,045
Oct 20121,4534,85489.383.40$146,371
Sep 20121,5885,58694.672.92$166,638
Aug 20122,2425,99692.662.91$225,181
Jul 20122,0674,65185.133.02$190,013
Jun 20121,6254,29379.822.52$140,522
May 20123,3204,58791.612.49$315,559
Apr 20121,7412,222101.652.00$181,410
Mar 20125291,677105.052.22$59,298
Feb 20122,283423101.102.57$231,899
Jan 20122,833498.092.73$277,900
Dec 20111,440096.873.24$139,493
Nov 2011873095.723.31$83,564
Oct 2011881084.983.65$74,867
Sep 20111,168083.623.99$97,668
Aug 20112,2961,23883.404.15$196,623
Jul 201187357694.144.52$84,786
Jun 20112,2671,15692.904.64$215,968
May 20111,6871,75398.134.40$173,267
Apr 20112,4221,352105.964.33$262,494
Mar 20113,6172,51696.364.06$358,742
Feb 20112,04098085.644.18$178,802
Jan 20110086.504.59$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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas       699 Mcf  × $  2.87 =     $2,006

────────────────────────────────────────────────────
Month total                                   $2,006

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/40963 is the state's own key, not one this site invented.