BARRON 4

Operated by KING OPERATING CORPORATION (P-5 465296) 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 42538District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$794 k
Nov 2011 – May 2026
Value, last 12 filed months
$0
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 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
OilDisposition10,287 bbl$792,527
Casinghead gasProduction365 Mcf$1,208
Total$793,735

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 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 20241,055080.301.55$84,717
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
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 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020152039.982.39$6,077
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020153016.921.81$2,589
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020155049.881.98$7,731
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019165053.472.42$8,823
Sep 20190055.052.66$0
Aug 2019161053.112.30$8,551
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018173059.543.11$10,300
Aug 2018184059.403.07$10,930
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017169057.272.92$9,679
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017179043.873.09$7,853
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017179047.933.21$8,579
Mar 2017151046.772.98$7,062
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016314048.763.72$15,311
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015359042.992.76$15,433
Aug 20150040.162.87$0
Jul 2015396048.152.95$19,067
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20151049.822.71$50
Mar 2015334042.892.93$14,325
Feb 20154044.662.98$179
Jan 20153043.433.10$130
Dec 2014340054.693.59$18,595
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014326089.394.04$29,141
Jul 20140096.564.18$0
Jun 2014171098.164.74$16,785
May 2014165094.734.73$15,630
Apr 2014167095.944.81$16,022
Mar 20140095.895.06$0
Feb 2014163097.406.19$15,876
Jan 2014319090.404.86$28,838
Dec 2013315091.824.35$28,923
Nov 20130088.853.74$0
Oct 2013164097.423.78$15,977
Sep 20131680104.113.72$17,490
Aug 20133280104.253.52$34,194
Jul 201300102.523.72$0
Jun 20131652094.403.93$15,655
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013510093.623.91$47,746
Feb 201301391.233.42$44
Jan 20131616091.603.42$14,953
Dec 201250614186.773.42$44,388
Nov 201202286.953.62$80
Oct 201214589.383.40$242
Sep 20121094.672.92$95
Aug 2012344092.662.91$31,875
Jul 20123411485.133.02$29,072
Jun 201202379.822.52$58
May 2012140191.612.49$12,828
Apr 20123125101.652.00$31,725
Mar 20123555105.052.22$37,304
Feb 2012016101.102.57$41
Jan 2012538098.092.73$52,772
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.

Mar 2024 — as filed, then multipliedworked
Oil                1,055 bbl  × $ 80.30 =    $84,717
Casinghead gas         0 Mcf  × $  1.55 =         $0

────────────────────────────────────────────────────
Month total                                  $84,717

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/42538 is the state's own key, not one this site invented.