STEPHENS '7'

Operated by OVINTIV USA INC. (P-5 628658) in the BREEDLOVE (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 41975District 08Field 11751200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.6 M
Nov 2011 – May 2026
Value, last 12 filed months
$91 k
at the published price for each month
Months reported
175
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 37 leases and 62 wells, and the rule below applies to all of them.

Discovered
1962-02-07
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OP. 80 ACRE DIAG. 3250

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
OilDisposition21,047 bbl$1,527,157
Casinghead gasProduction27,413 Mcf$96,224
Total$1,623,381

Every month this lease reported (175)

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

175 months

May 20261770106.413.05$18,835
Apr 20260098.932.87$0
Mar 2026192089.753.15$17,232
Feb 20260063.503.75$0
Jan 2026174059.138.00$10,289
Dec 20250056.664.41$0
Nov 2025183058.593.93$10,722
Oct 20250059.383.30$0
Sep 2025176062.743.08$11,042
Aug 20250063.933.01$0
Jul 2025172066.743.32$11,479
Jun 2025178066.483.13$11,833
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025186067.704.27$12,592
Feb 20250070.884.34$0
Jan 2025170074.324.28$12,634
Dec 20240068.993.12$0
Nov 2024189069.052.20$13,050
Oct 20240071.372.28$0
Sep 2024187069.612.36$13,017
Aug 20240075.632.06$0
Jul 2024194079.932.15$15,506
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024187080.301.55$15,016
Feb 20240076.091.78$0
Jan 2024193073.023.30$14,093
Dec 20230071.262.61$0
Nov 2023183077.892.81$14,254
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023180080.522.67$14,494
Jul 20230074.852.64$0
Jun 2023179068.962.26$12,344
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023180072.852.39$13,113
Feb 20230075.112.47$0
Jan 2023180076.533.39$13,775
Dec 20220076.415.73$0
Nov 2022178085.005.65$15,130
Oct 20220087.185.86$0
Sep 2022177084.888.16$15,024
Aug 20220094.529.13$0
Jul 20221770101.587.54$17,980
Jun 202200115.097.98$0
May 20221800109.378.43$19,687
Apr 202200104.226.84$0
Mar 20221850108.885.08$20,143
Feb 20220091.054.86$0
Jan 2022177081.844.54$14,486
Dec 20210071.323.90$0
Nov 2021174077.435.24$13,473
Oct 20210079.795.71$0
Sep 2021182069.865.35$12,715
Aug 20210066.024.22$0
Jul 2021182070.783.98$12,882
Jun 20210069.493.38$0
May 2021184063.483.02$11,680
Apr 2021190060.362.76$11,468
Mar 2021180061.302.72$11,034
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020183044.642.68$8,169
Nov 20200038.772.71$0
Oct 2020180036.972.48$6,655
Sep 2020173037.091.99$6,417
Aug 2020169039.982.39$6,757
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020177016.921.81$2,995
Apr 2020179014.751.80$2,640
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20201799157.252.09$10,438
Dec 201906259.012.30$143
Nov 201918616955.302.75$10,751
Oct 201917313653.472.42$9,579
Sep 201902355.052.66$61
Aug 2019181053.112.30$9,613
Jul 2019182056.272.46$10,241
Jun 201903352.782.49$82
May 20191796558.482.74$10,646
Apr 201903962.632.75$107
Mar 20191763556.803.06$10,104
Feb 201906650.852.79$184
Jan 201918013846.033.23$8,731
Dec 2018015246.594.19$636
Nov 201817914552.934.24$10,089
Oct 201809961.443.40$336
Sep 201817318959.543.11$10,888
Aug 2018016259.403.07$497
Jul 201818519265.142.93$12,614
Jun 2018016460.183.08$505
May 201817621565.382.90$12,131
Apr 201818916863.842.90$12,553
Mar 201807761.222.79$215
Feb 20181805861.782.77$11,281
Jan 201802262.874.01$88
Dec 201717522857.272.92$10,688
Nov 2017022655.423.12$705
Oct 201717927549.292.98$9,643
Sep 2017016247.523.09$500
Aug 201717026345.373.00$8,503
Jul 2017027343.873.09$843
Jun 201719827942.493.09$9,274
May 2017028745.373.26$937
Apr 201720113347.933.21$10,061
Mar 2017026546.772.98$791
Feb 201720329150.452.95$11,101
Jan 2017033349.413.42$1,138
Dec 201620434648.763.72$11,235
Nov 2016025542.492.64$674
Oct 201619812146.193.09$9,520
Sep 201619933241.553.10$9,298
Aug 2016025741.442.92$752
Jul 201607641.622.92$222
Jun 20161984545.352.69$9,100
May 2016025642.521.99$510
Apr 201619930036.561.99$7,873
Mar 2016030033.011.79$538
Feb 201617027726.472.06$5,072
Jan 201620032627.352.36$6,241
Dec 2015026432.362.00$528
Nov 201520018738.792.17$8,163
Oct 2015035343.552.43$857
Sep 201519935142.992.76$9,523
Aug 2015035440.162.87$1,017
Jul 201519733348.152.95$10,466
Jun 20154336556.152.88$3,467
May 201519827255.212.96$11,735
Apr 2015026549.822.71$717
Mar 201519925742.892.93$9,289
Feb 201520138244.662.98$10,114
Jan 2015035543.433.10$1,101
Dec 201420245754.693.59$12,689
Nov 2014044870.464.25$1,905
Oct 201420147078.303.90$17,572
Sep 201420342086.164.05$19,190
Aug 201420043989.394.04$19,649
Jul 2014043896.564.18$1,831
Jun 201419845098.164.74$21,567
May 2014047594.734.73$2,245
Apr 201419846595.944.81$21,232
Mar 201419953595.895.06$21,788
Feb 201420550297.406.19$23,075
Jan 201420265390.404.86$21,435
Dec 201320470591.824.35$21,801
Nov 2013058888.853.74$2,198
Oct 201320059297.423.78$21,721
Sep 2013397597104.113.72$43,551
Aug 2013196641104.253.52$22,691
Jul 2013198707102.523.72$22,927
Jun 201319653494.403.93$20,603
May 201319745794.834.15$20,578
Apr 201319867493.964.28$21,491
Mar 201340654293.623.91$40,131
Feb 201340671991.233.42$39,498
Jan 201320318691.603.42$19,231
Dec 201219851386.773.42$18,935
Nov 201240164286.953.62$37,194
Oct 201220061089.383.40$19,950
Sep 201220081094.672.92$21,298
Aug 2012396092.662.91$36,693
Jul 2012790085.133.02$67,253
Jun 2012200079.822.52$15,964
May 20120091.612.49$0
Apr 20123550101.652.00$36,086
Mar 20127620105.052.22$80,048
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$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.

May 2026 — as filed, then multipliedworked
Oil                  177 bbl  × $106.41 =    $18,835
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,835

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/41975 is the state's own key, not one this site invented.