HORTON 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 43229District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$8.5 M
Aug 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
154
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
OilDisposition111,508 bbl$7,366,634
Casinghead gasProduction323,127 Mcf$1,171,345
Total$8,537,979

Wells on this lease (3)

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 31.9631, -101.9586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.96319, -101.95865 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
11,280 ft
3 wells filed one
Completion to plug
10.4 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 10,937 and 11,298 ft, median 11,280 ft, over the 3 wells that filed a depth.

Completions filed
Sep 2011 – Dec 2012
3 of 3 wells
Plug dates filed
Sep 2019 – Jun 2023
3 of 3 wells

Last completion to plug: a median of 10.4 years across the 3 wells that filed both dates, with the middle half between 9.3 years and 10.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-32938141411,298 ftDec 2012May 2023Yes
42-329377862HM11,280 ftFeb 2012Jun 2023Yes
42-329373691HM10,937 ftSep 2011Sep 2019Yes

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 (154)

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

154 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 2023290068.962.26$19,998
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202303572.852.39$84
Feb 202318161275.112.47$15,104
Jan 20235451,00876.533.39$45,124
Dec 20222821,06976.415.73$27,672
Nov 20221811,30285.005.65$22,736
Oct 20223581,33187.185.86$39,015
Sep 20223561,36184.888.16$41,328
Aug 20225341,55594.529.13$64,666
Jul 20223711,404101.587.54$48,275
Jun 20225471,247115.097.98$72,902
May 20223631,030109.378.43$48,387
Apr 2022181650104.226.84$23,308
Mar 2022359535108.885.08$41,804
Feb 202218155491.054.86$19,172
Jan 202218251581.844.54$17,232
Dec 202117955371.323.90$14,922
Nov 202117823277.435.24$14,997
Oct 2021355079.795.71$28,325
Sep 2021345069.865.35$24,102
Aug 2021353066.024.22$23,305
Jul 2021184070.783.98$13,024
Jun 20213544369.493.38$24,745
May 20213591,12963.483.02$26,196
Apr 20213641,19660.362.76$25,270
Mar 202136562661.302.72$24,075
Feb 2021091057.805.55$5,049
Jan 20217261,80850.412.81$41,679
Dec 20205411,52644.642.68$28,233
Nov 20207131,05138.772.71$30,488
Oct 202018011136.972.48$6,930
Sep 20200037.091.99$0
Aug 202002839.982.39$67
Jul 2020010138.371.83$184
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 2019362052.782.49$19,106
May 2019024858.482.74$680
Apr 20197191,10762.632.75$48,076
Mar 201918177656.803.06$12,657
Feb 20197221,29050.852.79$40,316
Jan 20199101,45846.033.23$46,594
Dec 20187181,55446.594.19$39,956
Nov 20187231,27152.934.24$43,654
Oct 20187181,33961.443.40$48,664
Sep 20187191,86559.543.11$48,606
Aug 20181,0562,01159.403.07$68,893
Jul 20181,6202,13965.142.93$111,798
Jun 20181,4391,25760.183.08$90,467
May 20181,2572,56365.382.90$89,617
Apr 20181,4332,70563.842.90$99,329
Mar 20181,4503,01761.222.79$97,177
Feb 20181,4542,09961.782.77$95,634
Jan 20181,4562,12462.874.01$100,055
Dec 20171,1011,53557.272.92$67,539
Nov 20172,1612,32955.423.12$127,025
Oct 20177271,12549.292.98$39,190
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201735560442.493.09$16,949
May 20171,4473,42745.373.26$76,834
Apr 20177221,10947.933.21$38,167
Mar 20171,0923,18446.772.98$60,573
Feb 20171,0942,17250.452.95$61,605
Jan 20171,0862,24849.413.42$61,345
Dec 20167281,94048.763.72$42,720
Nov 2016087242.492.64$2,306
Oct 20161,0844,24446.193.09$63,185
Sep 20161,2464,58441.553.10$65,985
Aug 20161,5855,07441.442.92$80,521
Jul 20161,4385,20341.622.92$75,065
Jun 20161,6014,88545.352.69$85,726
May 20161,6035,03642.521.99$78,186
Apr 20161,4304,39536.561.99$61,031
Mar 20161,4454,60733.011.79$55,964
Feb 20161,6194,63626.472.06$52,422
Jan 20161,9874,48927.352.36$64,958
Dec 20151,4233,72932.362.00$53,512
Nov 20151,0793,95738.792.17$50,431
Oct 20151,7714,91943.552.43$89,063
Sep 20151,5986,54042.992.76$86,738
Aug 20151,9226,44840.162.87$95,709
Jul 20151,0664,00048.152.95$63,108
Jun 20152,1395,44156.152.88$135,790
May 20151,4234,84355.212.96$92,877
Apr 20152,0965,50249.822.71$119,314
Mar 20151,9017,03542.892.93$102,180
Feb 20151,5517,16944.662.98$90,604
Jan 20151,7383,15743.433.10$85,270
Dec 20141,3987,68154.693.59$104,042
Nov 20141,8467,42370.464.25$161,631
Oct 20141,9067,65078.303.90$179,082
Sep 20141,9068,91686.164.05$200,290
Aug 20141,76314,86789.394.04$217,585
Jul 20142,28010,32896.564.18$263,324
Jun 20141,9268,68998.164.74$230,215
May 20142,2639,07394.734.73$257,258
Apr 20142,2838,35895.944.81$259,226
Mar 20142,3079,38395.895.06$268,666
Feb 20142,2565,63897.406.19$254,645
Jan 20142,6866,65990.404.86$275,182
Dec 20131,7475,39791.824.35$183,911
Nov 20132,9777,78488.853.74$293,605
Oct 20133,1718,18297.423.78$339,842
Sep 20132,8976,133104.113.72$324,408
Aug 20133,5948,183104.253.52$403,500

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 2023 — as filed, then multipliedworked
Oil                  290 bbl  × $ 68.96 =    $19,998
Casinghead gas         0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                  $19,998

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/43229 is the state's own key, not one this site invented.