LANE TRUST -B-

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 41976District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$11.3 M
Oct 2011 – May 2026
Value, last 12 filed months
$82 k
at the published price for each month
Months reported
176
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
OilDisposition130,549 bbl$9,634,813
Casinghead gasProduction481,311 Mcf$1,642,068
Total$11,276,880

Wells on this lease (5)

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 31.6607, -101.5111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

31.66114, -101.50818 · 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
10,039 ft
5 wells filed one
Completion to plug
7.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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 522 and 10,520 ft, median 10,039 ft, over the 5 wells that filed a depth.

Completions filed
Oct 2011 – Apr 2014
5 of 5 wells
Plug dates filed
Apr 2017 – Dec 2025
2 of 5 wells; 3 filed none

Last completion to plug: a median of 7.8 years across the 2 wells that filed both dates, with the middle half between 5.3 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1733593231N522 ftApr 2014Apr 2017Yes
42-1733572842D10,520 ftJul 2013Dec 2025Yes
42-1733528837A10,317 ftNov 2012
42-1733476642H10,039 ftMay 2012
42-1733447437H8,831 ftOct 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 (176)

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

176 months

May 20260350106.413.05$1,066
Apr 2026034598.932.87$990
Mar 202618539289.753.15$17,838
Feb 2026036163.503.75$1,354
Jan 202619344759.138.00$14,987
Dec 2025041956.664.41$1,849
Nov 202519441258.593.93$12,984
Oct 2025042959.383.30$1,418
Sep 2025041862.743.08$1,286
Aug 202518741463.933.01$13,203
Jul 2025041466.743.32$1,372
Jun 202518739066.483.13$13,652
May 2025042160.553.23$1,361
Apr 202518442362.363.54$12,973
Mar 2025047567.704.27$2,027
Feb 202518548070.884.34$15,196
Jan 2025065674.324.28$2,807
Dec 202417662768.993.12$14,099
Nov 2024060569.052.20$1,330
Oct 202418358871.372.28$14,402
Sep 2024151769.612.36$1,292
Aug 202418445975.632.06$14,863
Jul 2024046179.932.15$990
Jun 202418446078.082.63$15,578
May 2024049078.812.20$1,077
Apr 202418948684.451.66$16,767
Mar 2024050080.301.55$773
Feb 202419046176.091.78$15,279
Jan 2024249473.023.30$1,775
Dec 202318950471.262.61$14,784
Nov 2023047577.892.81$1,334
Oct 202319351285.443.09$18,071
Sep 202316850089.042.74$16,326
Aug 20231701,03980.522.67$16,466
Jul 202301,61774.852.64$4,272
Jun 20235071,92468.962.26$39,308
May 2023077770.622.23$1,731
Apr 202318883178.122.24$16,546
Mar 202301,21572.852.39$2,908
Feb 20231841,32775.112.47$17,092
Jan 20231901,60176.533.39$19,964
Dec 20221741,76776.415.73$23,419
Nov 20221921,88685.005.65$26,969
Oct 20221731,93787.185.86$26,440
Sep 20223361,81784.888.16$43,353
Aug 202201,51494.529.13$13,819
Jul 20221861,546101.587.54$30,554
Jun 202201,628115.097.98$12,987
May 20221901,833109.378.43$36,238
Apr 20221911,786104.226.84$32,118
Mar 20221931,816108.885.08$30,233
Feb 20221841,67691.054.86$24,897
Jan 20221711,89981.844.54$22,612
Dec 20213601,93371.323.90$33,212
Nov 20211841,83177.435.24$23,836
Oct 20211921,96379.795.71$26,536
Sep 20211881,98869.865.35$23,771
Aug 20211872,07066.024.22$21,082
Jul 20211802,08470.783.98$21,039
Jun 20213602,02469.493.38$31,859
May 20211932,09463.483.02$18,571
Apr 20211672,01360.362.76$15,633
Mar 20215702,09161.302.72$40,622
Feb 202101,53057.805.55$8,488
Jan 20211821,97950.412.81$14,736
Dec 20203792,00344.642.68$22,278
Nov 20201841,96438.772.71$12,449
Oct 20201932,06936.972.48$12,263
Sep 20203591,97337.091.99$17,244
Aug 20201772,14139.982.39$12,183
Jul 20203472,18838.371.83$17,308
Jun 20201822,12534.901.69$9,944
May 20201902,21716.921.81$7,238
Apr 20203732,20014.751.80$9,471
Mar 20201812,36230.341.86$9,876
Feb 20203512,14549.881.98$21,756
Jan 20201822,27857.252.09$15,191
Dec 20193832,19159.012.30$27,650
Nov 20193712,17755.302.75$26,505
Oct 20191832,19053.472.42$15,082
Sep 20193422,33555.052.66$25,032
Aug 20193702,42053.112.30$25,227
Jul 20191882,39756.272.46$16,476
Jun 20193732,23052.782.49$25,242
May 20193642,23858.482.74$27,420
Apr 20191821,80462.632.75$16,361
Mar 20193862,12856.803.06$28,441
Feb 20193771,91250.852.79$24,509
Jan 20191942,08346.033.23$15,654
Dec 20183712,11346.594.19$26,129
Nov 20183662,06352.934.24$28,114
Oct 20183702,21561.443.40$30,260
Sep 20183652,22859.543.11$28,657
Aug 20183642,32559.403.07$28,751
Jul 20183612,34265.142.93$30,382
Jun 20181792,28460.183.08$17,800
May 20183692,34665.382.90$30,931
Apr 20183672,12063.842.90$29,579
Mar 20185563,25761.222.79$43,115
Feb 20187623,18861.782.77$55,895
Jan 20187763,54862.874.01$63,012
Dec 20177793,70857.272.92$55,446
Nov 20177643,70855.423.12$53,904
Oct 20177553,59549.292.98$47,940
Sep 20179404,00047.523.09$57,018
Aug 20179334,32045.373.00$55,309
Jul 20175604,09743.873.09$37,216
Jun 20177334,04842.493.09$43,642
May 20177364,40245.373.26$47,758
Apr 20179344,08247.933.21$57,876
Mar 20178974,65646.772.98$55,845
Feb 20179124,24250.452.95$58,535
Jan 20171,1083,38649.413.42$66,322
Dec 20167513,89648.763.72$51,123
Nov 20169513,57242.492.64$49,854
Oct 20167384,01646.193.09$46,499
Sep 20161,1084,11341.553.10$58,790
Aug 20169144,01041.442.92$49,603
Jul 20168984,49741.622.92$50,526
Jun 20169154,34745.352.69$53,171
May 20169044,26242.521.99$46,924
Apr 20161,1054,22036.561.99$48,801
Mar 20161,0924,16433.011.79$43,517
Feb 20169243,54426.472.06$31,772
Jan 20161,0993,96827.352.36$39,439
Dec 20151,2874,35632.362.00$50,365
Nov 20151,0964,48438.792.17$52,232
Oct 20151,1164,36743.552.43$59,199
Sep 20151,4544,52442.992.76$74,987
Aug 20151,0873,60540.162.87$54,009
Jul 20151,2864,09948.152.95$73,993
Jun 20151,4804,18256.152.88$95,158
May 20157463,44955.212.96$51,380
Apr 20151,1423,89749.822.71$67,442
Mar 20151,5354,67342.892.93$79,550
Feb 20151,6604,18044.662.98$86,576
Jan 20151,7044,50043.433.10$87,958
Dec 20141,3193,51154.693.59$84,745
Nov 20141,0563,05170.464.25$87,378
Oct 20141,6973,21078.303.90$145,397
Sep 20141,3345,14086.164.05$135,731
Aug 20141,4614,79289.394.04$149,935
Jul 20141,2083,61496.564.18$131,750
Jun 20141,5865,26798.164.74$180,631
May 20141,9427,80994.734.73$220,875
Apr 20142,2336,92995.944.81$247,556
Mar 20141,9806,35795.895.06$222,008
Feb 20142,1635,63797.406.19$245,581
Jan 20142,1484,10590.404.86$214,132
Dec 20133,0446,92591.824.35$309,655
Nov 20131,7474,43988.853.74$171,815
Oct 20131,9116,20897.423.78$209,632
Sep 20133,46010,490104.113.72$399,220
Aug 20133,11911,422104.253.52$365,391
Jul 20132,0534,940102.523.72$228,839
Jun 20131,7316,36294.403.93$188,431
May 20132,2595,13694.834.15$235,531
Apr 20131,2023,11293.964.28$126,267
Mar 20132,3797,80793.623.91$253,270
Feb 20132,4465,06891.233.42$240,481
Jan 20132,4642,02191.603.42$232,614
Dec 20124,23253286.773.42$369,030
Nov 20121,2523,34486.953.62$120,983
Oct 20121,9814,33089.383.40$191,782
Sep 20121,4474,48094.672.92$150,062
Aug 20122,6607,55592.662.91$268,447
Jul 20121,4734,95585.133.02$140,365
Jun 20123,1925,39479.822.52$268,373
May 20122,1052,90591.612.49$200,068
Apr 20121,0541,561101.652.00$110,256
Mar 20125461,735105.052.22$61,213
Feb 20128771,589101.102.57$92,749
Jan 20121,5842,35598.092.73$161,813
Dec 20111,0894,40496.873.24$119,759
Nov 20111,0893,43195.723.31$115,600
Oct 20110084.983.65$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                    0 bbl  × $106.41 =         $0
Casinghead gas       350 Mcf  × $  3.05 =     $1,066

────────────────────────────────────────────────────
Month total                                   $1,066

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/41976 is the state's own key, not one this site invented.