THOMAS

Operated by AVID ENERGY ASSETS LLC (P-5 101508) 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 40981District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$6.6 M
Dec 2010 – May 2026
Value, last 12 filed months
$0
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
OilDisposition90,386 bbl$6,283,620
Casinghead gasProduction77,613 Mcf$268,387
Total$6,552,007

Wells on this lease (2)

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 32.4095, -101.9595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.40946, -101.95947 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,361 ft
2 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.
2100.0%

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 10,995 and 11,727 ft, median 11,361 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2010 – Mar 2014
2 of 2 wells

2 wells

42-31738577154211,727 ftMar 2014
42-31736309154110,995 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024326173.023.30$1,080
Dec 202319752071.262.61$15,396
Nov 202319546977.892.81$16,505
Oct 202337452685.443.09$33,578
Sep 202321846289.042.74$20,674
Aug 202338043480.522.67$31,758
Jul 202318538874.852.64$14,872
Jun 202319235368.962.26$14,038
May 202338426370.622.23$27,704
Apr 2023811678.122.24$885
Mar 202335022872.852.39$26,043
Feb 20235819775.112.47$43,878
Jan 2023188076.533.39$14,388
Dec 20225076.415.73$382
Nov 2022395085.005.65$33,575
Oct 20220087.185.86$0
Sep 20221,299084.888.16$110,259
Aug 20225094.529.13$473
Jul 202270101.587.54$711
Jun 20222000115.097.98$23,018
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022197091.054.86$17,937
Jan 2022183081.844.54$14,977
Dec 20210071.323.90$0
Nov 2021180077.435.24$13,937
Oct 2021373079.795.71$29,762
Sep 2021356069.865.35$24,870
Aug 2021170066.024.22$11,223
Jul 2021371070.783.98$26,259
Jun 2021185069.493.38$12,856
May 2021365063.483.02$23,170
Apr 2021381060.362.76$22,997
Mar 2021381061.302.72$23,355
Feb 2021370057.805.55$21,386
Jan 2021372050.412.81$18,753
Dec 2020498044.642.68$22,231
Nov 20200038.772.71$0
Oct 2020524036.972.48$19,372
Sep 2020351037.091.99$13,019
Aug 2020335039.982.39$13,393
Jul 2020677038.371.83$25,976
Jun 2020184034.901.69$6,422
May 20200016.921.81$0
Apr 2020902014.751.80$13,305
Mar 20200030.341.86$0
Feb 2020362049.881.98$18,057
Jan 202017912057.252.09$10,499
Dec 201954812459.012.30$32,623
Nov 201936812055.302.75$20,680
Oct 201936312453.472.42$19,710
Sep 201936212055.052.66$20,247
Aug 201935912453.112.30$19,352
Jul 201935712456.272.46$20,393
Jun 201936512052.782.49$19,564
May 2019360458.482.74$21,064
Apr 2019371462.632.75$23,247
Mar 2019342056.803.06$19,426
Feb 2019546050.852.79$27,764
Jan 2019367046.033.23$16,893
Dec 2018723446.594.19$33,701
Nov 2018366052.934.24$19,372
Oct 201835111061.443.40$21,939
Sep 201818924959.543.11$12,027
Aug 201867841459.403.07$41,543
Jul 20181,04384165.142.93$70,407
Jun 201818612160.183.08$11,566
May 201851512465.382.90$34,030
Apr 201834722063.842.90$22,791
Mar 20181,03435961.222.79$64,302
Feb 201834416861.782.77$21,717
Jan 201854327462.874.01$35,237
Dec 201769518657.272.92$40,346
Nov 201768018655.423.12$38,266
Oct 201769422749.292.98$34,885
Sep 201767632747.523.09$33,133
Aug 201751441845.373.00$24,576
Jul 201768268143.873.09$32,022
Jun 201784675042.493.09$38,262
May 201766684745.373.26$32,981
Apr 201784879847.933.21$43,208
Mar 201770384546.772.98$35,401
Feb 201768176250.452.95$36,606
Jan 201785083749.413.42$44,860
Dec 201669775848.763.72$36,808
Nov 201685082442.492.64$38,295
Oct 201670547846.193.09$34,041
Sep 201650778041.553.10$23,484
Aug 201684692041.442.92$37,749
Jul 201651075941.622.92$23,446
Jun 201668295345.352.69$33,488
May 201668782642.521.99$30,856
Apr 201650895836.561.99$20,480
Mar 201667897533.011.79$24,130
Feb 201652062626.472.06$15,056
Jan 20161,0361,00627.352.36$30,713
Dec 201550494832.362.00$18,207
Nov 201567973538.792.17$27,931
Oct 201569263043.552.43$31,665
Sep 20156791,19042.992.76$32,473
Aug 20156841,16340.162.87$30,810
Jul 20151,0341,19148.152.95$53,295
Jun 20156811,07856.152.88$41,346
May 20157191,22455.212.96$43,313
Apr 20151,0811,11849.822.71$56,881
Mar 201572095142.892.93$33,672
Feb 2015870044.662.98$38,854
Jan 20151,26931043.433.10$56,074
Dec 20141,09231054.693.59$60,835
Nov 201486130070.464.25$61,942
Oct 20141,07331078.303.90$85,225
Sep 20141,39330086.164.05$121,235
Aug 20141,30486189.394.04$120,039
Jul 20141,8691,53996.564.18$186,903
Jun 20141,7173,90398.164.74$187,029
May 20142,9704,54194.734.73$302,811
Apr 20143,2083,26695.944.81$323,482
Mar 20142,3812,01595.895.06$238,504
Feb 201437038497.406.19$38,416
Jan 201436644990.404.86$35,269
Dec 201317146291.824.35$17,713
Nov 201317044088.853.74$16,749
Oct 201334254097.423.78$35,358
Sep 2013341557104.113.72$37,572
Aug 2013369527104.253.52$40,325
Jul 2013351483102.523.72$37,780
Jun 201318120294.403.93$17,881
May 201334223194.834.15$33,390
Apr 201351346293.964.28$50,180
Mar 201317328793.623.91$17,319
Feb 201317243291.233.42$17,169
Jan 201352558491.603.42$50,087
Dec 201235360986.773.42$32,713
Nov 201235762386.953.62$33,300
Oct 201235467189.383.40$33,922
Sep 201269568694.672.92$67,798
Aug 201234162392.662.91$33,409
Jul 201234868685.133.02$31,698
Jun 201269173679.822.52$57,010
May 201235658091.612.49$34,056
Apr 2012346620101.652.00$36,409
Mar 2012687704105.052.22$73,734
Feb 2012173675101.102.57$19,225
Jan 20126851,11398.092.73$70,235
Dec 20113441,62396.873.24$38,581
Nov 20115121,40195.723.31$53,648
Oct 201151655484.983.65$45,871
Sep 201185560383.623.99$73,899
Aug 201151453283.404.15$45,075
Jul 201151723994.144.52$49,750
Jun 201173289892.904.64$72,169
May 20111,0901,44498.134.40$113,322
Apr 20111,0862,054105.964.33$123,973
Mar 20111,6171,08396.364.06$160,208
Feb 20111,9981685.644.18$171,176
Jan 20112,50315086.504.59$217,198
Dec 201005585.734.35$239

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.

Jan 2024 — as filed, then multipliedworked
Oil                    3 bbl  × $ 73.02 =       $219
Casinghead gas       261 Mcf  × $  3.30 =       $861

────────────────────────────────────────────────────
Month total                                   $1,080

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/40981 is the state's own key, not one this site invented.