MEARES ALLEN

Operated by WTG EXPLORATION (P-5 945220) 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 43097District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.3 M
Mar 2012 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
171
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
OilDisposition32,671 bbl$2,285,161
Casinghead gasProduction4,710 Mcf$16,049
Total$2,301,210

Every month this lease reported (171)

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

171 months

May 202617330106.413.05$18,500
Apr 202603098.932.87$86
Mar 20261703089.753.15$15,352
Feb 20261683063.503.75$10,781
Jan 20261723059.138.00$10,410
Dec 202503056.664.41$132
Nov 20251753058.593.93$10,371
Oct 20251673059.383.30$10,016
Sep 20251653062.743.08$10,444
Aug 202503063.933.01$90
Jul 20251653066.743.32$11,112
Jun 20251643066.483.13$10,997
May 20251623060.553.23$9,906
Apr 202503062.363.54$106
Mar 20251573067.704.27$10,757
Feb 20251583070.884.34$11,329
Jan 20251673074.324.28$12,540
Dec 20241683068.993.12$11,684
Nov 202403069.052.20$66
Oct 202403071.372.28$68
Sep 20241533069.612.36$10,721
Aug 20241663075.632.06$12,616
Jul 202403079.932.15$64
Jun 20241773078.082.63$13,899
May 20241763078.812.20$13,937
Apr 20241653084.451.66$13,984
Mar 20241683080.301.55$13,537
Feb 202463076.091.78$510
Jan 20241663073.023.30$12,220
Dec 20231863071.262.61$13,333
Nov 20231833077.892.81$14,338
Oct 202303085.443.09$93
Sep 20231703089.042.74$15,219
Aug 20231773080.522.67$14,332
Jul 20231783074.852.64$13,403
Jun 20231783068.962.26$12,343
May 202303070.622.23$67
Apr 20231723078.122.24$13,504
Mar 20231823072.852.39$13,330
Feb 20231793075.112.47$13,519
Jan 202303076.533.39$102
Dec 20221693076.415.73$13,085
Nov 20221823085.005.65$15,639
Oct 202203087.185.86$176
Sep 20221623084.888.16$13,995
Aug 20221843094.529.13$17,665
Jul 2022030101.587.54$226
Jun 2022230115.097.98$470
May 2022030109.378.43$253
Apr 202216930104.226.84$17,818
Mar 202218430108.885.08$20,186
Feb 20221883091.054.86$17,263
Jan 202203081.844.54$136
Dec 20211893071.323.90$13,596
Nov 20211863077.435.24$14,559
Oct 20211873079.795.71$15,092
Sep 20211733069.865.35$12,246
Aug 202103066.024.22$127
Jul 20211783070.783.98$12,718
Jun 20211783069.493.38$12,471
May 20211793063.483.02$11,453
Apr 20211823060.362.76$11,068
Mar 20211753061.302.72$10,809
Feb 20211833057.805.55$10,744
Jan 20211703050.412.81$8,654
Dec 202003044.642.68$80
Nov 20203463038.772.71$13,496
Oct 202003036.972.48$74
Sep 20201723037.091.99$6,439
Aug 20201833039.982.39$7,388
Jul 20201743038.371.83$6,731
Jun 20205253034.901.69$18,373
May 202003016.921.81$54
Apr 202003014.751.80$54
Mar 202003030.341.86$56
Feb 20201733049.881.98$8,689
Jan 20201773057.252.09$10,196
Dec 20191703059.012.30$10,101
Nov 20191763055.302.75$9,815
Oct 20191753053.472.42$9,430
Sep 201903055.052.66$80
Aug 20191733053.112.30$9,257
Jul 20191763056.272.46$9,977
Jun 201903052.782.49$75
May 20191833058.482.74$10,784
Apr 201913062.632.75$145
Mar 20191703056.803.06$9,748
Feb 20191743050.852.79$8,932
Jan 20191713046.033.23$7,968
Dec 20181753046.594.19$8,279
Nov 20181763052.934.24$9,443
Oct 20181693061.443.40$10,485
Sep 20181763059.543.11$10,572
Aug 20181703059.403.07$10,190
Jul 20181763065.142.93$11,553
Jun 20181653060.183.08$10,022
May 20181773065.382.90$11,659
Apr 20181783063.842.90$11,451
Mar 20181673061.222.79$10,307
Feb 20181753061.782.77$10,894
Jan 20181783062.874.01$11,311
Dec 20171723057.272.92$9,938
Nov 20171773055.423.12$9,903
Oct 20171743049.292.98$8,666
Sep 20171673047.523.09$8,028
Aug 20171653045.373.00$7,576
Jul 20171733043.873.09$7,682
Jun 20171743042.493.09$7,486
May 20171733045.373.26$7,947
Apr 20171873047.933.21$9,059
Mar 20171733046.772.98$8,181
Feb 20171693050.452.95$8,615
Jan 20171873049.413.42$9,342
Dec 20161733048.763.72$8,547
Nov 20161823042.492.64$7,813
Oct 20161703046.193.09$7,945
Sep 20163473041.553.10$14,511
Aug 20161803041.442.92$7,547
Jul 201603041.622.92$88
Jun 20163513045.352.69$15,998
May 20161833042.521.99$7,841
Apr 20161663036.561.99$6,129
Mar 20161773033.011.79$5,897
Feb 20161783026.472.06$4,774
Jan 20163663027.352.36$10,081
Dec 20151853032.362.00$6,047
Nov 20153563038.792.17$13,874
Oct 201503043.552.43$73
Sep 20151753042.992.76$7,606
Aug 20153513040.162.87$14,182
Jul 20153583048.152.95$17,326
Jun 20153553056.152.88$20,020
May 20151853055.212.96$10,303
Apr 20151743049.822.71$8,750
Mar 20151783042.892.93$7,722
Feb 20151683044.662.98$7,592
Jan 20151703043.433.10$7,476
Dec 20143463054.693.59$19,030
Nov 20141733070.464.25$12,317
Oct 20141733078.303.90$13,663
Sep 20141783086.164.05$15,458
Aug 20141733089.394.04$15,586
Jul 20143543096.564.18$34,308
Jun 20141753098.164.74$17,320
May 20141723094.734.73$16,435
Apr 20141743095.944.81$16,838
Mar 20143423095.895.06$32,946
Feb 20143503097.406.19$34,276
Jan 20143493090.404.86$31,695
Dec 20131723091.824.35$15,924
Nov 20131783088.853.74$15,927
Oct 20133663097.423.78$35,769
Sep 201318030104.113.72$18,851
Aug 201335630104.253.52$37,219
Jul 201316730102.523.72$17,232
Jun 20135163094.403.93$48,828
May 20133563094.834.15$33,884
Apr 2013174093.964.28$16,349
Mar 2013519093.623.91$48,589
Feb 2013359091.233.42$32,752
Jan 2013361091.603.42$33,068
Dec 2012357086.773.42$30,977
Nov 2012531086.953.62$46,170
Oct 2012695089.383.40$62,119
Sep 2012528094.672.92$49,986
Aug 2012345092.662.91$31,968
Jul 20121,028085.133.02$87,514
Jun 2012523079.822.52$41,746
May 2012507091.612.49$46,446
Apr 20125160101.652.00$52,451
Mar 2012250105.052.22$2,626

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                  173 bbl  × $106.41 =    $18,409
Casinghead gas        30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                  $18,500

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/43097 is the state's own key, not one this site invented.