NEWTON 43

Operated by OVINTIV USA INC. (P-5 628658) 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 43348District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$3.6 M
Nov 2012 – Mar 2024
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
137
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
OilDisposition36,391 bbl$2,682,249
Casinghead gasProduction249,017 Mcf$911,117
Total$3,593,366

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 32.3614, -101.5168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.36146, -101.51681 · 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
9,999 ft
2 wells filed one
Completion to plug
9.6 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 9,990 and 10,007 ft, median 9,999 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2012
2 of 2 wells
Plug dates filed
May 2022 – Jul 2022
2 of 2 wells

Last completion to plug: a median of 9.6 years across the 2 wells that filed both dates, with the middle half between 9.6 years and 9.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-22737160210,007 ftNov 2012Jul 2022Yes
42-2273712319,990 ftNov 2012May 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 (137)

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

137 months

Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023122071.262.61$8,694
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 20215069.493.38$347
May 20210063.483.02$0
Apr 2021104060.362.76$6,277
Mar 20210061.302.72$0
Feb 202102857.805.55$155
Jan 202109050.412.81$253
Dec 2020011744.642.68$313
Nov 202016815438.772.71$6,930
Oct 2020010636.972.48$263
Sep 2020013737.091.99$273
Aug 2020017739.982.39$422
Jul 2020020438.371.83$372
Jun 202016752534.901.69$6,716
May 2020040416.921.81$733
Apr 202017335614.751.80$3,194
Mar 2020033430.341.86$620
Feb 2020033549.881.98$664
Jan 202033622357.252.09$19,703
Dec 2019030359.012.30$698
Nov 2019027255.302.75$748
Oct 2019028353.472.42$684
Sep 201916731655.052.66$10,033
Aug 20193421,04053.112.30$20,560
Jul 201934479556.272.46$21,313
Jun 201933878252.782.49$19,788
May 201916569958.482.74$11,565
Apr 201934361762.632.75$23,179
Mar 2019039956.803.06$1,222
Feb 201917540450.852.79$10,027
Jan 201916851046.033.23$9,379
Dec 2018033246.594.19$1,390
Nov 201817841052.934.24$11,159
Oct 201816645161.443.40$11,732
Sep 20181711359.543.11$1,363
Aug 20183059.403.07$178
Jul 201817743265.142.93$12,796
Jun 2018093560.183.08$2,877
May 2018035465.382.90$1,027
Apr 201818278963.842.90$13,908
Mar 20183712,66961.222.79$30,151
Feb 20183491,96361.782.77$26,991
Jan 20183351,93762.874.01$28,828
Dec 20173492,07757.272.92$26,055
Nov 201721,15855.423.12$3,722
Oct 2017033949.292.98$1,011
Sep 201717178647.523.09$10,553
Aug 20173292,06845.373.00$21,140
Jul 20174972,37143.873.09$29,123
Jun 20173402,43542.493.09$21,964
May 20173382,89345.373.26$24,776
Apr 20175072,80147.933.21$33,296
Mar 20176822,97846.772.98$40,783
Feb 20171712,20050.452.95$15,123
Jan 20176952,55849.413.42$43,085
Dec 20166792,62448.763.72$42,877
Nov 20163481,89442.492.64$19,795
Oct 20168463,51146.193.09$49,927
Sep 20166981,64841.553.10$34,112
Aug 20161701,45441.442.92$11,297
Jul 2016055841.622.92$1,632
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016027336.561.99$544
Mar 2016028433.011.79$510
Feb 2016026326.472.06$543
Jan 20161791,24827.352.36$7,846
Dec 20155322,49232.362.00$22,203
Nov 201502,48738.792.17$5,390
Oct 20155302,55643.552.43$29,284
Sep 20153652,26742.992.76$21,945
Aug 201501,14140.162.87$3,278
Jul 2015038248.152.95$1,125
Jun 2015062756.152.88$1,808
May 20151652,30255.212.96$15,913
Apr 20151742,98349.822.71$16,742
Mar 20153654,18142.892.93$27,925
Feb 20153592,54244.662.98$23,598
Jan 20153483,28143.433.10$25,287
Dec 20143533,14954.693.59$30,615
Nov 20145294,00070.464.25$54,281
Oct 20143495,19378.303.90$47,584
Sep 20147315,04186.164.05$83,376
Aug 20145286,09089.394.04$71,772
Jul 20145386,91896.564.18$80,864
Jun 20148867,05698.164.74$120,393
May 20147083,79194.734.73$84,987
Apr 20147102,67195.944.81$80,963
Mar 20143708,10995.895.06$76,485
Feb 20141,2866,83297.406.19$167,560
Jan 20143536,09090.404.86$61,513
Dec 20139056,56891.824.35$111,697
Nov 20131,2719,90388.853.74$149,949
Oct 20131,2909,78297.423.78$162,642
Sep 20132342,589104.113.72$33,987
Aug 20132591,649104.253.52$32,810
Jul 20133971,476102.523.72$46,188
Jun 20134082,64994.403.93$48,935
May 20134622,32494.834.15$53,454
Apr 20133062,41093.964.28$39,073
Mar 20135843,28193.623.91$67,512
Feb 20135384,17291.233.42$63,350
Jan 20132,9139,08291.603.42$297,890
Dec 20122,12214,53886.773.42$233,848
Nov 20122,62727,99786.953.62$329,906

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.

Dec 2023 — as filed, then multipliedworked
Oil                  122 bbl  × $ 71.26 =     $8,694
Casinghead gas         0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                   $8,694

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/43348 is the state's own key, not one this site invented.