WADE ESTATE

Operated by OVINTIV USA INC. (P-5 628658) 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 41101District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.8 M
Apr 2011 – May 2026
Value, last 12 filed months
$852 k
at the published price for each month
Months reported
182
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
OilDisposition320,649 bbl$23,817,654
Casinghead gasProduction265,915 Mcf$946,250
Total$24,763,904

Wells on this lease (8)

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 32.4988, -102.0087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

32.49921, -102.01068 · centre of 7 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
11,577 ft
8 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.
8100.0%

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

Total depth in feet, 8 of 8 wells. Median 11,577 ft, with the middle half between 11,460 and 11,653 ft; the shallowest is 11,283 ft and the deepest 11,813 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Apr 2011 – Jun 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 2011 – Jun 2021
8 of 8 wells

8 wells

42-3173815517211,330 ftJun 2021
42-3173809318211,283 ftFeb 2013
42-3173618824111,784 ftNov 2011
42-3173618418111,813 ftOct 2011
42-3173618514111,609 ftJul 2011
42-3173619016111,574 ftJun 2011
42-3173618717111,503 ftApr 2011
42-3173618915111,580 ftApr 2011

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 (182)

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

182 months

May 20269661,135106.413.05$106,249
Apr 20261,00893898.932.87$102,413
Mar 202667571489.753.15$62,830
Feb 202681453563.503.75$53,695
Jan 202663851159.138.00$41,812
Dec 202567167256.664.41$40,985
Nov 202596886158.593.93$60,096
Oct 20259431,13659.383.30$59,750
Sep 20251,0311,08462.743.08$68,020
Aug 20251,23781163.933.01$81,526
Jul 20251,4761,45366.743.32$103,325
Jun 20259781,86766.483.13$70,859
May 20251,1901,08360.553.23$75,555
Apr 20256516462.363.54$40,823
Mar 202577176467.704.27$55,458
Feb 20251,1671,36870.884.34$88,655
Jan 20251,55882674.324.28$119,325
Dec 20241,2041,33568.993.12$87,231
Nov 202498492769.052.20$69,983
Oct 202498292071.372.28$72,184
Sep 20241,44297169.612.36$102,673
Aug 20241,2341,37075.632.06$96,155
Jul 20241,1031,58179.932.15$91,557
Jun 20248661,00378.082.63$70,259
May 20241,041078.812.20$82,041
Apr 20241,408084.451.66$118,906
Mar 20241,034080.301.55$83,030
Feb 2024966076.091.78$73,503
Jan 20241,028073.023.30$75,065
Dec 20231,068071.262.61$76,106
Nov 20231,0271577.892.81$80,035
Oct 20231,64820285.443.09$141,429
Sep 20231,06433289.042.74$95,647
Aug 202344922680.522.67$36,758
Jul 20231,1553674.852.64$86,547
Jun 20235766068.962.26$39,856
May 20235762,81970.622.23$46,956
Apr 20238312,35078.122.24$70,176
Mar 202348528272.852.39$36,007
Feb 20231,16913475.112.47$88,134
Jan 202370132076.533.39$54,732
Dec 202221522476.415.73$17,711
Nov 20221,19854585.005.65$104,907
Oct 202258388587.185.86$56,015
Sep 20221,0631,11384.888.16$99,314
Aug 20221,2281,27294.529.13$127,680
Jul 20221,0401,255101.587.54$115,109
Jun 20221,4511,068115.097.98$175,515
May 2022756594109.378.43$87,693
Apr 20221,2861,445104.226.84$143,907
Mar 20221,2061,595108.885.08$139,406
Feb 202247570191.054.86$46,655
Jan 20221,2581,10781.844.54$107,978
Dec 20211,7591,81771.323.90$132,537
Nov 20214711,18277.435.24$42,659
Oct 202185146479.795.71$70,553
Sep 20211,67937869.865.35$119,318
Aug 20211,09640866.024.22$74,080
Jul 2021429070.783.98$30,365
Jun 202176533769.493.38$54,299
May 20217511,26263.483.02$51,482
Apr 20211,5081,41260.362.76$94,918
Mar 20211,2731,48461.302.72$82,067
Feb 20216491,21757.805.55$44,264
Jan 20211,00667250.412.81$52,601
Dec 20201,178644.642.68$52,602
Nov 2020411438.772.71$15,945
Oct 2020421436.972.48$15,574
Sep 20206427237.091.99$23,955
Aug 20201,1791,73539.982.39$51,275
Jul 20201,2691,66838.371.83$51,736
Jun 20201,1272,59634.901.69$43,720
May 20201,1432,20716.921.81$23,345
Apr 20201,0412,41114.751.80$19,705
Mar 20201,5651,47630.341.86$50,222
Feb 20201,71145149.881.98$86,238
Jan 20201,17613757.252.09$67,613
Dec 20191,3737959.012.30$81,203
Nov 20191,2661955.302.75$70,062
Oct 20191,5041453.472.42$80,453
Sep 20191,344555.052.66$74,000
Aug 20191,33073353.112.30$72,325
Jul 20191,5011,06256.272.46$87,074
Jun 20191,20091452.782.49$65,613
May 20191,1671,52858.482.74$72,433
Apr 20191,1521,39562.632.75$75,987
Mar 20191,4261,75256.803.06$86,362
Feb 20191,41356550.852.79$73,429
Jan 20191,345046.033.23$61,910
Dec 20181,562046.594.19$72,774
Nov 20181,149052.934.24$60,817
Oct 20181,047061.443.40$64,328
Sep 20181,7661759.543.11$105,200
Aug 20181,7012259.403.07$101,107
Jul 20185891,36365.142.93$42,364
Jun 20181,1501,35460.183.08$73,373
May 20181,51778065.382.90$101,444
Apr 20181,44331063.842.90$93,020
Mar 20181,2341,64661.222.79$80,133
Feb 20181,2331,44861.782.77$80,180
Jan 20181,9051,15662.874.01$124,402
Dec 20171,1852,38557.272.92$74,833
Nov 20171,3451,82455.423.12$80,228
Oct 20171,1162,06549.292.98$61,169
Sep 20171,7762,11347.523.09$90,919
Aug 20171,3232,45145.373.00$67,388
Jul 20171,6512,15443.873.09$79,079
Jun 20171,5212,18642.493.09$71,376
May 20171,5662,21145.373.26$78,265
Apr 20171,5812,05247.933.21$82,368
Mar 20171,8802,32846.772.98$94,874
Feb 20171,9452,21050.452.95$104,651
Jan 20172,3862,67649.413.42$127,041
Dec 20161,62115648.763.72$79,621
Nov 20162,18425342.492.64$93,467
Oct 20161,7552,71646.193.09$89,457
Sep 20161,6992,95141.553.10$79,743
Aug 20161,8633,01641.442.92$86,023
Jul 20161,8733,04441.622.92$86,856
Jun 20161,8852,54945.352.69$92,331
May 20161,8611,82642.521.99$82,765
Apr 20162,0391,94636.561.99$78,420
Mar 20161,0051,89833.011.79$36,580
Feb 20161,4771,47626.472.06$42,142
Jan 20161,2191,59827.352.36$37,118
Dec 20151,4252,20032.362.00$50,516
Nov 20151,7342,22038.792.17$72,073
Oct 20152,0472,13843.552.43$94,335
Sep 20151,8712,05742.992.76$86,108
Aug 20151,8352,20740.162.87$80,033
Jul 20151,7342,53848.152.95$90,967
Jun 20152,0692,39456.152.88$123,076
May 20152,3522,16655.212.96$136,255
Apr 20151,9512,42249.822.71$103,754
Mar 20152,0452,29242.892.93$94,436
Feb 20151,9322,21844.662.98$92,884
Jan 20151,9451,67343.433.10$89,659
Dec 20141,7421,43654.693.59$100,427
Nov 20142,1802,99570.464.25$166,337
Oct 20141,9982,90778.303.90$167,783
Sep 20142,5813,34786.164.05$235,919
Aug 20142,2333,01689.394.04$211,778
Jul 20142,6223,67296.564.18$268,528
Jun 20142,2782,99598.164.74$237,795
May 20142,6254,58194.734.73$270,319
Apr 20143,1784,63895.944.81$327,202
Mar 20142,1045,48995.895.06$229,509
Feb 20142,4503,15197.406.19$258,141
Jan 20142,9643,61190.404.86$285,498
Dec 20132,7313,35291.824.35$265,357
Nov 20132,7113,40688.853.74$253,605
Oct 20132,7103,40697.423.78$276,881
Sep 20132,7353,546104.113.72$297,924
Aug 20133,3593,342104.253.52$361,948
Jul 20133,4863,096102.523.72$368,895
Jun 20133,1763,45194.403.93$313,389
May 20133,9764,24294.834.15$394,644
Apr 20133,6903,90193.964.28$363,419
Mar 20135,0574,42893.623.91$490,763
Feb 20132,8601,31991.233.42$265,429
Jan 20133,8311,31991.603.42$355,430
Dec 20122,70332186.773.42$235,637
Nov 20123,7703,51986.953.62$340,558
Oct 20121,5351,47689.383.40$142,216
Sep 20123,44882994.672.92$328,842
Aug 20123,0471,06192.662.91$285,421
Jul 20123,28957085.133.02$281,714
Jun 20123,2222,18879.822.52$262,692
May 20123,140491.612.49$287,665
Apr 20125,1360101.652.00$522,074
Mar 20124,08145105.052.22$428,809
Feb 20125,508525101.102.57$558,208
Jan 20124,343298.092.73$426,010
Dec 20114,439596.873.24$430,022
Nov 20115,037095.723.31$482,142
Oct 20113,6612,03984.983.65$318,551
Sep 20114,0542,03983.623.99$347,123
Aug 20114,8952,94083.404.15$420,442
Jul 20116,4134,73994.144.52$625,127
Jun 20114,3043,05292.904.64$414,003
May 20112,6901,20098.134.40$269,255
Apr 2011235105.964.33$364

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                  966 bbl  × $106.41 =   $102,792
Casinghead gas     1,135 Mcf  × $  3.05 =     $3,457

────────────────────────────────────────────────────
Month total                                 $106,249

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/41101 is the state's own key, not one this site invented.