REED 6

Operated by BAYSWATER OPERATING COMPANY LLC (P-5 58827) 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 43527District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$975 k
Feb 2012 – Jan 2021
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
108
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
OilDisposition12,770 bbl$910,342
Casinghead gasProduction20,118 Mcf$64,625
Total$974,967

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 32.3883, -101.3099. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38834, -101.30987 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,285 ft
1 wells filed one
Completion to plug
8.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 9,285 ft.

Completions filed
Feb 2012
1 of 1 wells
Plug dates filed
Jun 2020
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273672619,285 ftFeb 2012Jun 2020Yes

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 (108)

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

108 months

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 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020187030.341.86$5,674
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20193058759.012.30$18,199
Nov 201928455.302.75$342
Oct 20191978753.472.42$10,744
Sep 201919055.052.66$1,046
Aug 2019178053.112.30$9,454
Jul 2019189056.272.46$10,635
Jun 2019366052.782.49$19,317
May 2019182058.482.74$10,643
Apr 2019172162.632.75$10,775
Mar 2019114456.803.06$760
Feb 201937116050.852.79$19,312
Jan 201937716546.033.23$17,886
Dec 201854124646.594.19$26,235
Nov 201820422852.934.24$11,764
Oct 201809361.443.40$316
Sep 201811059.543.11$655
Aug 2018180059.403.07$10,692
Jul 20186065.142.93$391
Jun 201818210760.183.08$11,282
May 2018149165.382.90$1,179
Apr 201818010263.842.90$11,787
Mar 201827061.222.79$318
Feb 201819961.782.77$336
Jan 20181115462.874.01$1,309
Dec 201717814157.272.92$10,606
Nov 20171320655.423.12$1,363
Oct 2017021449.292.98$639
Sep 20171753447.523.09$8,421
Aug 20173245.373.00$142
Jul 2017165043.873.09$7,239
Jun 201717642.493.09$277
May 201745645.373.26$364
Apr 201717015547.933.21$8,646
Mar 2017015846.772.98$471
Feb 201717422750.452.95$9,449
Jan 2017013349.413.42$455
Dec 201603848.763.72$141
Nov 201609842.492.64$259
Oct 201617010046.193.09$8,161
Sep 2016013641.553.10$422
Aug 201616911541.442.92$7,340
Jul 2016015441.622.92$450
Jun 201616914345.352.69$8,048
May 2016012042.521.99$239
Apr 201617118536.561.99$6,620
Mar 2016017733.011.79$318
Feb 201616316226.472.06$4,649
Jan 20160027.352.36$0
Dec 201505432.362.00$108
Nov 201516915538.792.17$6,891
Oct 2015016143.552.43$391
Sep 201516921842.992.76$7,867
Aug 2015014540.162.87$417
Jul 201516918948.152.95$8,694
Jun 2015020156.152.88$579
May 201518415355.212.96$10,611
Apr 2015021749.822.71$587
Mar 201517114542.892.93$7,760
Feb 2015017444.662.98$518
Jan 2015016943.433.10$524
Dec 201418520554.693.59$10,854
Nov 2014023570.464.25$999
Oct 201417722478.303.90$14,733
Sep 201417316586.164.05$15,573
Aug 2014019189.394.04$771
Jul 201417724396.564.18$18,107
Jun 201418723598.164.74$19,469
May 2014021994.734.73$1,035
Apr 201419121795.944.81$19,368
Mar 2014021895.895.06$1,102
Feb 201418620697.406.19$19,392
Jan 2014026590.404.86$1,288
Dec 201318219891.824.35$17,573
Nov 2013023188.853.74$864
Oct 201319430897.423.78$20,064
Sep 2013187306104.113.72$20,606
Aug 20130369104.253.52$1,300
Jul 2013177423102.523.72$19,719
Jun 201318138294.403.93$18,589
May 201319835094.834.15$20,229
Apr 201319534993.964.28$19,817
Mar 2013339193.623.91$1,811
Feb 201319540591.233.42$19,175
Jan 201320339691.603.42$19,949
Dec 201218740086.773.42$17,594
Nov 201219730186.953.62$18,220
Oct 201219356189.383.40$19,158
Sep 201219861594.672.92$20,539
Aug 201219444292.662.91$19,261
Jul 201237136285.133.02$32,677
Jun 201219030779.822.52$15,939
May 201237292391.612.49$36,376
Apr 20123631,192101.652.00$39,279
Mar 20121,0391,655105.052.22$112,824
Feb 201200101.102.57$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.

Mar 2020 — as filed, then multipliedworked
Oil                  187 bbl  × $ 30.34 =     $5,674
Casinghead gas         0 Mcf  × $  1.86 =         $0

────────────────────────────────────────────────────
Month total                                   $5,674

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/43527 is the state's own key, not one this site invented.