SHERROD OIL UNIT

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 43135District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.0 M
Jul 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
167
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
OilDisposition20,941 bbl$1,610,326
Casinghead gasProduction115,491 Mcf$412,097
Total$2,022,423

Wells on this lease (1)

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 31.6629, -101.4593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66292, -101.45927 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,922 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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

The one well that filed a depth was drilled to 9,922 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-1733490939M9,922 ftJul 2012

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 (167)

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

167 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 20240080.301.55$0
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 20200039.982.39$0
Jul 20208038.371.83$307
Jun 2020182334.901.69$667
May 2020245716.921.81$510
Apr 2020293314.751.80$487
Mar 2020418230.341.86$1,396
Feb 20203525649.881.98$2,253
Jan 20201926357.252.09$1,639
Dec 20194934259.012.30$3,680
Nov 20195016855.302.75$3,227
Oct 20194026053.472.42$2,768
Sep 20193738055.052.66$3,047
Aug 20192654753.112.30$2,641
Jul 20193793456.272.46$4,380
Jun 20196759952.782.49$5,028
May 201911878958.482.74$9,063
Apr 20197045662.632.75$5,638
Mar 20198272156.803.06$6,865
Feb 2019018150.852.79$505
Jan 2019021046.033.23$678
Dec 20188659646.594.19$6,501
Nov 2018039552.934.24$1,674
Oct 2018029161.443.40$989
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20189317365.382.90$6,582
Apr 20188544663.842.90$6,720
Mar 20189050961.222.79$6,928
Feb 201817136761.782.77$11,580
Jan 20187841762.874.01$6,576
Dec 201715229457.272.92$9,564
Nov 20178138555.423.12$5,690
Oct 201718228349.292.98$9,815
Sep 20179535847.523.09$5,620
Aug 20176137545.373.00$3,894
Jul 201714959643.873.09$8,377
Jun 20179070542.493.09$6,001
May 201717563945.373.26$10,025
Apr 201718175947.933.21$11,113
Mar 201724080146.772.98$13,615
Feb 20172881,08350.452.95$17,727
Jan 2017022649.413.42$773
Dec 201606248.763.72$231
Nov 20167642.492.64$313
Oct 20166924246.193.09$3,935
Sep 201615561741.553.10$8,353
Aug 201613842741.442.92$6,967
Jul 20167550841.622.92$4,607
Jun 201616064845.352.69$8,996
May 201615848042.521.99$7,674
Apr 201614620736.561.99$5,750
Mar 201613835333.011.79$5,189
Feb 201614942626.472.06$4,823
Jan 201615558727.352.36$5,627
Dec 201515460932.362.00$6,202
Nov 201515961438.792.17$7,498
Oct 201517075743.552.43$9,240
Sep 201519474942.992.76$10,406
Aug 201517785040.162.87$9,550
Jul 20156492248.152.95$5,797
Jun 201530277556.152.88$19,192
May 2015621,61855.212.96$8,205
Apr 2015961,76349.822.71$9,554
Mar 20153461,72142.892.93$19,891
Feb 20152371,64644.662.98$15,483
Jan 20151161,68643.433.10$10,266
Dec 20143761,99454.693.59$27,725
Nov 20142522,05470.464.25$26,489
Oct 20142452,22478.303.90$27,859
Sep 20143662,35186.164.05$41,045
Aug 20142362,59089.394.04$31,547
Jul 20142322,65496.564.18$33,495
Jun 20143082,01198.164.74$39,759
May 20142031,46394.734.73$26,145
Apr 20141971,47095.944.81$25,970
Mar 20143151,73095.895.06$38,954
Feb 20141812,89097.406.19$35,524
Jan 20142311,35590.404.86$27,469
Dec 201313890491.824.35$16,608
Nov 20132851,58588.853.74$31,247
Oct 20132281,96097.423.78$29,619
Sep 20132751,774104.113.72$35,226
Aug 20132771,683104.253.52$34,806
Jul 20133002,648102.523.72$40,601
Jun 20133543,58494.403.93$47,515
May 20133573,26394.834.15$47,393
Apr 20134463,51093.964.28$56,938
Mar 20135193,87793.623.91$63,759
Feb 20135833,61491.233.42$65,547
Jan 20138624,82691.603.42$95,464
Dec 20128286,47886.773.42$94,001
Nov 20121,0994,92886.953.62$113,422
Oct 20129263,00189.383.40$92,968
Sep 20121,2963,70894.672.92$133,514
Aug 20121,5144,46692.662.91$153,275
Jul 20121,03862485.133.02$90,250

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.

Jul 2020 — as filed, then multipliedworked
Oil                    8 bbl  × $ 38.37 =       $307
Casinghead gas         0 Mcf  × $  1.83 =         $0

────────────────────────────────────────────────────
Month total                                     $307

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/43135 is the state's own key, not one this site invented.