KNOTTS -B-

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 42777District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.8 M
Mar 2012 – Jun 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
124
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
OilDisposition24,786 bbl$2,146,748
Casinghead gasProduction179,314 Mcf$623,157
Total$2,769,905

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 32.3505, -101.6402. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.35049, -101.64016 · 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
10,488 ft
2 wells filed one
Completion to plug
4.7 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 10,361 and 10,615 ft, median 10,488 ft, over the 2 wells that filed a depth.

Completions filed
May 2016 – Sep 2018
2 of 2 wells
Plug dates filed
Feb 2022 – Mar 2022
2 of 2 wells

Last completion to plug: a median of 4.7 years across the 2 wells that filed both dates, with the middle half between 4.1 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-22736620210,615 ftSep 2018Mar 2022Yes
42-22736623110,361 ftMay 2016Feb 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 (124)

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

124 months

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 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
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 20180059.543.11$0
Aug 20180059.403.07$0
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 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
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 201611045.352.69$499
May 201620042.521.99$850
Apr 2016056336.561.99$1,121
Mar 20163455233.011.79$2,113
Feb 201614478026.472.06$5,421
Jan 201615584927.352.36$6,247
Dec 2015621,37632.362.00$4,760
Nov 20151131,15038.792.17$6,876
Oct 20151121,68343.552.43$8,962
Sep 20152411,45742.992.76$14,380
Aug 20151721,91340.162.87$12,403
Jul 2015771,31948.152.95$7,592
Jun 20152141,49956.152.88$16,338
May 20151961,72855.212.96$15,928
Apr 20151341,64449.822.71$11,125
Mar 20151132,24542.892.93$11,435
Feb 20151741,81144.662.98$13,161
Jan 20151902,17243.433.10$14,986
Dec 20143371,41554.693.59$23,512
Nov 20141581,82870.464.25$18,905
Oct 20142671,79178.303.90$27,893
Sep 20143302,86186.164.05$40,007
Aug 20143603,05989.394.04$44,524
Jul 20143263,63496.564.18$46,667
Jun 20142715,74998.164.74$53,834
May 20142903,12994.734.73$42,261
Apr 20142022,73895.944.81$32,547
Mar 20143023,72095.895.06$47,770
Feb 20143803,83697.406.19$60,765
Jan 20144424,22790.404.86$60,503
Dec 20135063,57291.824.35$62,015
Nov 20135834,34088.853.74$68,024
Oct 20135004,74097.423.78$66,624
Sep 20135003,351104.113.72$64,513
Aug 20133841,885104.253.52$46,672
Jul 20133642,771102.523.72$47,619
Jun 20134564,39894.403.93$60,346
May 20135605,15094.834.15$74,473
Apr 20133423,69093.964.28$47,937
Mar 20136604,20793.623.91$78,251
Feb 20136705,15191.233.42$78,740
Jan 20138766,18191.603.42$101,380
Dec 20128105,55786.773.42$89,290
Nov 20129515,00586.953.62$100,832
Oct 20126947,35189.383.40$87,021
Sep 20128195,93094.672.92$94,841
Aug 20121,1157,24992.662.91$124,397
Jul 20121,4508,10685.133.02$147,925
Jun 20121,4078,92679.822.52$134,792
May 20124,75313,43091.612.49$468,840
Apr 20125597,596101.652.00$71,990
Mar 201200105.052.22$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.

Jun 2016 — as filed, then multipliedworked
Oil                   11 bbl  × $ 45.35 =       $499
Casinghead gas         0 Mcf  × $  2.69 =         $0

────────────────────────────────────────────────────
Month total                                     $499

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/42777 is the state's own key, not one this site invented.