GRAY

Operated by APACHE CORPORATION (P-5 27200) 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 42896District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.3 M
Feb 2012 – May 2026
Value, last 12 filed months
$193 k
at the published price for each month
Months reported
172
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
OilDisposition57,303 bbl$4,146,055
Casinghead gasProduction58,811 Mcf$187,245
Total$4,333,300

Every month this lease reported (172)

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

172 months

May 20261770106.413.05$18,835
Apr 2026191098.932.87$18,896
Mar 2026191089.753.15$17,142
Feb 202618925263.503.75$12,947
Jan 202634127959.138.00$22,395
Dec 202536627956.664.41$21,969
Nov 202517027058.593.93$11,020
Oct 202537127959.383.30$22,952
Sep 2025353062.743.08$22,147
Aug 2025190063.933.01$12,147
Jul 202507566.743.32$249
Jun 202516920066.483.13$11,861
May 202537713560.553.23$23,264
Apr 202537415662.363.54$23,875
Mar 202502867.704.27$120
Feb 202538726570.884.34$28,581
Jan 202519527974.324.28$15,686
Dec 202437527968.993.12$26,742
Nov 202457630369.052.20$40,439
Oct 202475130471.372.28$54,292
Sep 20241,11925769.612.36$78,501
Aug 202455718075.632.06$42,497
Jul 202401779.932.15$36
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024189084.451.66$15,961
Mar 2024571080.301.55$45,851
Feb 2024389076.091.78$29,599
Jan 2024186073.023.30$13,582
Dec 2023192071.262.61$13,682
Nov 2023381077.892.81$29,676
Oct 2023379085.443.09$32,382
Sep 2023500089.042.74$44,520
Aug 2023376080.522.67$30,276
Jul 2023375074.852.64$28,069
Jun 202337928968.962.26$26,789
May 202357242770.622.23$41,346
Apr 202318942078.122.24$15,705
Mar 202357637372.852.39$42,854
Feb 202318220575.112.47$14,175
Jan 20233842976.533.39$29,486
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 20221800108.885.08$19,598
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 2021170066.024.22$11,223
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021175061.302.72$10,728
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202040044.642.68$1,786
Nov 20200038.772.71$0
Oct 2020181036.972.48$6,692
Sep 2020330037.091.99$12,240
Aug 2020163039.982.39$6,517
Jul 2020339038.371.83$13,007
Jun 2020179034.901.69$6,247
May 2020181016.921.81$3,063
Apr 2020360014.751.80$5,310
Mar 2020167030.341.86$5,067
Feb 202018217649.881.98$9,427
Jan 202035315157.252.09$20,526
Dec 201917727859.012.30$11,085
Nov 201934638655.302.75$20,196
Oct 201917740753.472.42$10,449
Sep 201917538455.052.66$10,654
Aug 201935618753.112.30$19,338
Jul 201916339156.272.46$10,134
Jun 201917727252.782.49$10,020
May 201933627258.482.74$20,395
Apr 20191743262.632.75$10,986
Mar 20193527456.803.06$20,220
Feb 201916230750.852.79$9,095
Jan 201935939846.033.23$17,810
Dec 201817940846.594.19$10,047
Nov 201834843752.934.24$20,271
Oct 201816642461.443.40$11,640
Sep 201834410759.543.11$20,814
Aug 201817227059.403.07$11,045
Jul 20183386065.142.93$22,193
Jun 2018169060.183.08$10,170
May 20183575665.382.90$23,503
Apr 201818314163.842.90$12,092
Mar 201835042261.222.79$22,603
Feb 20183488061.782.77$21,721
Jan 20181696862.874.01$10,898
Dec 201717915957.272.92$10,716
Nov 201734824055.423.12$20,035
Oct 201735231449.292.98$18,287
Sep 201716918347.523.09$8,596
Aug 201734749645.373.00$17,234
Jul 201734252043.873.09$16,609
Jun 201716551342.493.09$8,595
May 201734753945.373.26$17,502
Apr 201717652847.933.21$10,131
Mar 201734556846.772.98$17,830
Feb 201737343450.452.95$20,099
Jan 201734957149.413.42$19,196
Dec 201616951148.763.72$10,143
Nov 201665153542.492.64$29,076
Oct 2016060346.193.09$1,863
Sep 201631941441.553.10$14,538
Aug 201634567641.442.92$16,274
Jul 2016018441.622.92$538
Jun 201635060745.352.69$17,503
May 201635156242.521.99$16,043
Apr 201618353936.561.99$7,764
Mar 201635357533.011.79$12,684
Feb 201635355626.472.06$10,491
Jan 201634758927.352.36$10,883
Dec 201533655132.362.00$11,976
Nov 2015330038.792.17$12,801
Oct 2015368043.552.43$16,026
Sep 20151712642.992.76$7,423
Aug 201532844740.162.87$14,456
Jul 201548746748.152.95$24,824
Jun 201531053956.152.88$18,960
May 201533261155.212.96$20,136
Apr 201534757949.822.71$18,855
Mar 201534054542.892.93$16,182
Feb 201550054744.662.98$23,958
Jan 201533751743.433.10$16,239
Dec 201436864954.693.59$22,457
Nov 201434957170.464.25$27,018
Oct 201435264578.303.90$30,078
Sep 201432071686.164.05$30,468
Aug 201470464089.394.04$65,513
Jul 201432973696.564.18$34,844
Jun 201435173898.164.74$37,950
May 201435175994.734.73$36,838
Apr 201433026695.944.81$32,939
Mar 201468539395.895.06$67,672
Feb 2014042997.406.19$2,656
Jan 20141,03852490.404.86$96,382
Dec 201333356591.824.35$33,036
Nov 201333739788.853.74$31,427
Oct 201333452397.423.78$34,515
Sep 2013677553104.113.72$72,538
Aug 2013333526104.253.52$36,568
Jul 2013658615102.523.72$69,745
Jun 201334567794.403.93$35,231
May 201369583994.834.15$69,388
Apr 201368889793.964.28$68,486
Mar 201370396993.623.91$69,606
Feb 201334990791.233.42$34,941
Jan 20131,0521,00891.603.42$99,810
Dec 201235596786.773.42$34,111
Nov 20121,0371,09386.953.62$94,129
Oct 20121,0591,17689.383.40$98,651
Sep 20123531,01694.672.92$36,384
Aug 20121,0861,41492.662.91$104,741
Jul 20121,4391,56585.133.02$127,230
Jun 20121,1001,77779.822.52$92,278
May 20121,4312,87191.612.49$138,238
Apr 20122,8823,302101.652.00$299,549
Mar 20121,46575105.052.22$154,065
Feb 201200101.102.57$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/42896 is the state's own key, not one this site invented.