REED 7

Operated by BAYSWATER OPERATING COMPANY LLC (P-5 58827) 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 42021District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$3.9 M
Jul 2011 – Aug 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
146
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
OilDisposition48,699 bbl$3,587,161
Casinghead gasProduction89,955 Mcf$273,946
Total$3,861,107

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 32.3767, -101.3003. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.37669, -101.30031 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,121 ft
2 wells filed one
Completion to plug
8.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,025 and 9,217 ft, median 9,121 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2011 – Aug 2013
2 of 2 wells
Plug dates filed
Dec 2020 – Jan 2022
2 of 2 wells

Last completion to plug: a median of 8.9 years across the 2 wells that filed both dates, with the middle half between 8.1 years and 9.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2273709839,025 ftAug 2013Dec 2020Yes
42-2273665029,217 ftAug 2011Jan 2022Yes

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 (146)

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

146 months

Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021194063.483.02$12,315
Apr 2021375060.362.76$22,635
Mar 2021183061.302.72$11,218
Feb 2021180057.805.55$10,404
Jan 2021350050.412.81$17,644
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020117036.972.48$4,325
Sep 20200037.091.99$0
Aug 2020354039.982.39$14,153
Jul 20200038.371.83$0
Jun 2020179034.901.69$6,247
May 2020158016.921.81$2,673
Apr 2020381014.751.80$5,620
Mar 2020349030.341.86$10,589
Feb 2020367049.881.98$18,306
Jan 2020172057.252.09$9,847
Dec 201918010859.012.30$10,871
Nov 20191695955.302.75$9,508
Oct 201934924053.472.42$19,241
Sep 201920434055.052.66$12,134
Aug 201932728853.112.30$18,031
Jul 20191577056.272.46$9,007
Jun 20191824152.782.49$1,550
May 20193738658.482.74$22,049
Apr 20192048762.632.75$13,016
Mar 201956223856.803.06$32,650
Feb 201935015150.852.79$18,219
Jan 201954712246.033.23$25,572
Dec 20181,02121246.594.19$48,456
Nov 201853536752.934.24$29,873
Oct 201808761.443.40$296
Sep 201819512459.543.11$11,996
Aug 201820463259.403.07$14,056
Jul 201819261365.142.93$14,304
Jun 201817842660.183.08$12,023
May 201838567765.382.90$27,135
Apr 201818537063.842.90$12,884
Mar 201816697561.222.79$12,880
Feb 201832871161.782.77$22,231
Jan 201818760962.874.01$14,198
Dec 201718380557.272.92$12,832
Nov 201718574055.423.12$12,560
Oct 201734665049.292.98$18,994
Sep 201718367247.523.09$10,771
Aug 201735865245.373.00$18,201
Jul 20171741,05743.873.09$10,897
Jun 201717473142.493.09$9,650
May 201734670845.373.26$18,009
Apr 201717386147.933.21$11,057
Mar 20173381,02246.772.98$18,858
Feb 201734599150.452.95$20,331
Jan 201734795649.413.42$20,414
Dec 201616477448.763.72$10,878
Nov 201634372542.492.64$16,491
Oct 20161651,03246.193.09$10,811
Sep 201633496841.553.10$16,879
Aug 201617396741.442.92$9,997
Jul 20163361,18541.622.92$17,450
Jun 20163391,01545.352.69$18,100
May 201633992642.521.99$16,258
Apr 201617274136.561.99$7,764
Mar 201634099633.011.79$13,010
Feb 201634285926.472.06$10,825
Jan 20160027.352.36$0
Dec 201519974132.362.00$7,923
Nov 20153411,13438.792.17$15,685
Oct 201517188943.552.43$9,604
Sep 20153501,32842.992.76$18,710
Aug 20153511,17440.162.87$17,468
Jul 20155221,73548.152.95$30,244
Jun 20153391,32856.152.88$22,863
May 201534152555.212.96$20,378
Apr 201535381349.822.71$19,787
Mar 201517574542.892.93$9,692
Feb 201553168144.662.98$25,741
Jan 201516819143.433.10$7,888
Dec 201417535554.693.59$10,846
Nov 201417646870.464.25$14,391
Oct 201434389478.303.90$30,344
Sep 201450177586.164.05$46,301
Aug 201435687389.394.04$35,346
Jul 201449365296.564.18$50,329
Jun 201433775598.164.74$36,656
May 201451468994.734.73$51,948
Apr 201452678995.944.81$54,259
Mar 201435058295.895.06$36,505
Feb 201451978197.406.19$55,387
Jan 20141,1241,02690.404.86$106,597
Dec 201373077691.824.35$70,408
Nov 201352788988.853.74$50,147
Oct 20137201,20997.423.78$74,712
Sep 20134511,061104.113.72$50,898
Aug 20135861,129104.253.52$65,068
Jul 20133651,312102.523.72$42,297
Jun 20134611,20194.403.93$48,242
May 20133721,35294.834.15$40,886
Apr 20138651,24393.964.28$86,599
Mar 20133911,08393.623.91$40,843
Feb 20133761,39891.233.42$39,084
Jan 20137471,26791.603.42$72,758
Dec 20125711,12786.773.42$53,400
Nov 201256452486.953.62$50,939
Oct 20127371,17289.383.40$69,857
Sep 20125601,13994.672.92$56,339
Aug 201273583292.662.91$70,525
Jul 20125591,15385.133.02$51,071
Jun 20127371,10879.822.52$61,618
May 20129162,37691.612.49$89,827
Apr 20129272,475101.652.00$99,172
Mar 20121,54114,192105.052.22$193,418
Feb 20128232,148101.102.57$88,726
Jan 2012895098.092.73$87,791
Dec 2011500096.873.24$48,435
Nov 20111,052095.723.31$100,697
Oct 20111,479084.983.65$125,685
Sep 20111,911083.623.99$159,798
Aug 20111,772083.404.15$147,785
Jul 20110094.144.52$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 2021 — as filed, then multipliedworked
Oil                  194 bbl  × $ 63.48 =    $12,315
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                  $12,315

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/42021 is the state's own key, not one this site invented.