ABRAXAS '16'

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 43403District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$10.9 M
Sep 2012 – May 2026
Value, last 12 filed months
$200 k
at the published price for each month
Months reported
165
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
OilDisposition154,500 bbl$10,632,016
Casinghead gasProduction81,977 Mcf$260,696
Total$10,892,711

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 32.4864, -101.8399. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.48645, -101.83988 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,572 ft
2 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.
2100.0%

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 10,543 and 10,600 ft, median 10,572 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2012 – Jul 2013
2 of 2 wells

2 wells

42-31738519210,600 ftJul 2013
42-31737828110,543 ftSep 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 (165)

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

165 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 202560233156.664.41$35,570
Nov 202556757158.593.93$35,463
Oct 202572846059.383.30$44,749
Sep 202554333462.743.08$35,096
Aug 20251891563.933.01$12,128
Jul 20253806466.743.32$25,573
Jun 202517212366.483.13$11,819
May 20252001460.553.23$12,155
Apr 2025179062.363.54$11,162
Mar 20250067.704.27$0
Feb 2025585070.884.34$41,465
Jan 2025535074.324.28$39,761
Dec 2024739068.993.12$50,984
Nov 2024179069.052.20$12,360
Oct 2024694071.372.28$49,531
Sep 2024380069.612.36$26,452
Aug 2024537075.632.06$40,613
Jul 2024539079.932.15$43,082
Jun 2024716078.082.63$55,905
May 2024912078.812.20$71,875
Apr 2024548084.451.66$46,279
Mar 2024169080.301.55$13,571
Feb 2024370076.091.78$28,153
Jan 2024920073.023.30$67,178
Dec 20235845871.262.61$41,767
Nov 2023933077.892.81$72,671
Oct 2023553085.443.09$47,248
Sep 2023586089.042.74$52,177
Aug 2023744080.522.67$59,907
Jul 2023864074.852.64$64,670
Jun 20231,127668.962.26$77,731
May 2023962070.622.23$67,936
Apr 2023581078.122.24$45,388
Mar 2023197072.852.39$14,351
Feb 20230075.112.47$0
Jan 20230576.533.39$17
Dec 20225742276.415.73$43,985
Nov 202296312885.005.65$82,578
Oct 20224132387.185.86$36,140
Sep 20221,297084.888.16$110,089
Aug 20221,35340594.529.13$131,582
Jul 20223880101.587.54$39,413
Jun 20227520115.097.98$86,548
May 20229570109.378.43$104,667
Apr 20221870104.226.84$19,489
Mar 20221,5080108.885.08$164,191
Feb 2022794091.054.86$72,294
Jan 20221,162081.844.54$95,098
Dec 20211,085071.323.90$77,382
Nov 2021921077.435.24$71,313
Oct 20210079.795.71$0
Sep 2021194069.865.35$13,553
Aug 2021736066.024.22$48,591
Jul 202169919870.783.98$50,264
Jun 202118518869.493.38$13,491
May 20211,055063.483.02$66,971
Apr 2021922060.362.76$55,652
Mar 2021141061.302.72$8,643
Feb 2021186057.805.55$10,751
Jan 20211,093050.412.81$55,098
Dec 20205671,45544.642.68$29,204
Nov 202093462638.772.71$37,905
Oct 202051562636.972.48$20,591
Sep 202050963837.091.99$20,149
Aug 20201,24966439.982.39$51,519
Jul 20201,01070038.371.83$40,031
Jun 202036061534.901.69$13,604
May 20200016.921.81$0
Apr 2020170014.751.80$2,508
Mar 2020718030.341.86$21,784
Feb 20205171149.881.98$25,810
Jan 202093531257.252.09$54,182
Dec 201936317359.012.30$21,819
Nov 201918612055.302.75$10,616
Oct 20191,09964553.472.42$60,323
Sep 20191,11553255.052.66$62,794
Aug 201985137653.112.30$46,063
Jul 20191,57264256.272.46$90,036
Jun 201986747152.782.49$46,934
May 201987968058.482.74$53,267
Apr 201952543562.632.75$34,077
Mar 20191,30365156.803.06$76,004
Feb 20191,33085350.852.79$70,012
Jan 201996283146.033.23$46,963
Dec 20181,52347646.594.19$72,949
Nov 20181,16484452.934.24$65,187
Oct 20183801,79661.443.40$29,450
Sep 20181,1441,19559.543.11$71,828
Aug 20181,3271,48259.403.07$83,368
Jul 20181,23197965.142.93$83,058
Jun 20181,10392160.183.08$69,212
May 201894077965.382.90$63,717
Apr 201892751463.842.90$60,671
Mar 201839411861.222.79$24,450
Feb 201836811261.782.77$23,045
Jan 201839315562.874.01$25,329
Dec 201752927957.272.92$31,111
Nov 201771845755.423.12$41,217
Oct 20171,07761549.292.98$54,920
Sep 201753666347.523.09$27,518
Aug 201788778745.373.00$42,608
Jul 20171,22266343.873.09$55,656
Jun 201789275742.493.09$40,238
May 20177011,24045.373.26$35,851
Apr 201771172047.933.21$36,391
Mar 20171,43290246.772.98$69,666
Feb 201771272550.452.95$38,061
Jan 20177171,19949.413.42$39,526
Dec 20161,4351,13548.763.72$74,196
Nov 20161,0761,34142.492.64$49,265
Oct 20166981,30546.193.09$36,273
Sep 20161,4061,50441.553.10$63,083
Aug 20161,0881,48341.442.92$49,424
Jul 20161,0711,17641.622.92$48,014
Jun 20161,0601,03545.352.69$50,851
May 20161,0671,10842.521.99$47,575
Apr 20167121,11136.561.99$28,243
Mar 20161,4361,17233.011.79$49,505
Feb 20161,0821,08926.472.06$30,888
Jan 20161,4251,11527.352.36$41,610
Dec 20151,4031,17032.362.00$47,743
Nov 20151,0651,27238.792.17$44,068
Oct 20151,4111,28743.552.43$64,572
Sep 20151,0541,27442.992.76$48,826
Aug 20151,7461,52840.162.87$74,509
Jul 20151,0591,10948.152.95$54,257
Jun 20151,05465256.152.88$61,062
May 20151,05398455.212.96$61,044
Apr 20151,4381,33949.822.71$75,265
Mar 20152,14075242.892.93$93,992
Feb 20151,05959444.662.98$49,063
Jan 20151,79125243.433.10$78,564
Dec 20141,05612454.693.59$58,198
Nov 20141,76686770.464.25$128,119
Oct 20142,1231,22178.303.90$170,994
Sep 20141,4121,24186.164.05$126,678
Aug 20142,45247989.394.04$221,117
Jul 20141,76412496.564.18$170,850
Jun 20141,74854598.164.74$174,165
May 20141,39339794.734.73$133,835
Apr 20142,16625395.944.81$209,023
Mar 20142,19530395.895.06$212,011
Feb 20142,27845997.406.19$224,719
Jan 20143,37385090.404.86$309,051
Dec 20132,8311,73591.824.35$267,497
Nov 20132,8691,90388.853.74$262,025
Oct 20133,6142,52997.423.78$361,634
Sep 20133,8153,164104.113.72$408,943
Aug 20133,1111,996104.253.52$331,353
Jul 2013688780102.523.72$73,434
Jun 20131,39588594.403.93$135,169
May 20132,09254294.834.15$200,633
Apr 20131,41013293.964.28$133,049
Mar 20131,75316893.623.91$164,773
Feb 201368522791.233.42$63,269
Jan 201367829191.603.42$63,100
Dec 201236133986.773.42$32,483
Nov 2012013386.953.62$482
Oct 2012012489.383.40$422
Sep 20120094.672.92$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.

Dec 2025 — as filed, then multipliedworked
Oil                  602 bbl  × $ 56.66 =    $34,109
Casinghead gas       331 Mcf  × $  4.41 =     $1,461

────────────────────────────────────────────────────
Month total                                  $35,570

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/43403 is the state's own key, not one this site invented.