NANCE 19

Operated by AVID ENERGY ASSETS LLC (P-5 101508) 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 43532District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$22.1 M
Jan 2013 – May 2026
Value, last 12 filed months
$271 k
at the published price for each month
Months reported
161
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
OilDisposition321,083 bbl$20,960,192
Casinghead gasProduction360,551 Mcf$1,181,919
Total$22,142,111

Wells on this lease (7)

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 32.4160, -101.8838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.41649, -101.88641 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
11,200 ft
7 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.
7100.0%

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 9,719 and 11,262 ft, median 11,200 ft, over the 7 wells that filed a depth.

Completions filed
Jan 2013 – Mar 2014
7 of 7 wells

7 wells

42-317391173R11,152 ftMar 2014
42-31739018211,262 ftJan 2014
42-31738613511,218 ftDec 2013
42-3173891039,719 ftNov 2013
42-31738626411,200 ftSep 2013
42-31738610111,178 ftJun 2013
42-31738069611,220 ftJan 2013

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 (161)

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

161 months

May 20261440106.413.05$15,323
Apr 2026161098.932.87$15,928
Mar 20260089.753.15$0
Feb 2026340063.503.75$21,590
Jan 2026355059.138.00$20,991
Dec 20253601,45256.664.41$26,806
Nov 20251781,38158.593.93$15,851
Oct 2025357059.383.30$21,199
Sep 20255121,60462.743.08$37,058
Aug 20255431,63863.933.01$39,652
Jul 20251841,36366.743.32$16,799
Jun 20255411,27066.483.13$39,939
May 20253651,16760.553.23$25,873
Apr 202534098262.363.54$24,682
Mar 202517023267.704.27$12,499
Feb 20255481,04670.884.34$43,383
Jan 202531974574.324.28$26,896
Dec 202433377268.993.12$25,383
Nov 2024761069.052.20$52,547
Oct 2024527071.372.28$37,612
Sep 2024131069.612.36$9,119
Aug 20243529475.632.06$26,816
Jul 2024868079.932.15$69,379
Jun 2024926078.082.63$72,302
May 20241,0551,01978.812.20$85,385
Apr 202468752484.451.66$58,887
Mar 2024380080.301.55$30,514
Feb 2024367076.091.78$27,925
Jan 2024192073.023.30$14,020
Dec 2023377071.262.61$26,865
Nov 2023757077.892.81$58,963
Oct 2023368085.443.09$31,442
Sep 2023928089.042.74$82,629
Aug 2023921080.522.67$74,159
Jul 20232,444074.852.64$182,933
Jun 2023305068.962.26$21,033
May 2023176070.622.23$12,429
Apr 2023750078.122.24$58,590
Mar 2023858072.852.39$62,505
Feb 20231,531075.112.47$114,993
Jan 20231,271076.533.39$97,270
Dec 2022698076.415.73$53,334
Nov 2022709085.005.65$60,265
Oct 2022707087.185.86$61,636
Sep 2022342084.888.16$29,029
Aug 2022351094.529.13$33,177
Jul 20221,130160101.587.54$115,992
Jun 2022851974115.097.98$105,711
May 20221,206536109.378.43$136,420
Apr 20221,1451,169104.226.84$127,325
Mar 20221,6571,017108.885.08$185,577
Feb 20221,846091.054.86$168,078
Jan 20222,15555381.844.54$178,875
Dec 2021295071.323.90$21,039
Nov 2021751077.435.24$58,150
Oct 20211,808079.795.71$144,260
Sep 20211,82655369.865.35$130,523
Aug 20211,875066.024.22$123,788
Jul 20211,6582,64770.783.98$127,894
Jun 20211,6232,45769.493.38$121,088
May 20212,036063.483.02$129,245
Apr 20212,4573,21160.362.76$157,162
Mar 20212,6883,45761.302.72$174,167
Feb 20211,9843,65557.805.55$134,953
Jan 20212,0842,22050.412.81$111,293
Dec 20207231,67444.642.68$36,753
Nov 20201,3472,58838.772.71$59,228
Oct 20201,9793,34036.972.48$81,442
Sep 20202,3473,95537.091.99$94,925
Aug 20203,2994,44939.982.39$142,505
Jul 20203,108038.371.83$119,254
Jun 202087046634.901.69$31,151
May 2020059316.921.81$1,076
Apr 20205772,36014.751.80$12,769
Mar 20201,9403,27030.341.86$64,929
Feb 20201,892049.881.98$94,373
Jan 20205651,66457.252.09$35,832
Dec 20191,936059.012.30$114,243
Nov 20191,913055.302.75$105,789
Oct 20191,215053.472.42$64,966
Sep 2019964055.052.66$53,068
Aug 20191,487053.112.30$78,975
Jul 20191,191056.272.46$67,018
Jun 20190052.782.49$0
May 20191,2183,63158.482.74$81,179
Apr 20191,8613,87462.632.75$127,211
Mar 20191,7674,07756.803.06$112,850
Feb 20191,9143,75150.852.79$107,801
Jan 20192,2524,21246.033.23$117,257
Dec 20182,5954,60746.594.19$140,183
Nov 20182,3413,58252.934.24$139,087
Oct 20182,3234,07961.443.40$156,586
Sep 20182,3844,98159.543.11$157,424
Aug 20182,2283,75559.403.07$143,858
Jul 20181,5463,60265.142.93$111,267
Jun 20181,5343,72760.183.08$103,784
May 20182,2324,42765.382.90$158,770
Apr 20181,2334,10163.842.90$90,611
Mar 20182,7704,67761.222.79$182,613
Feb 20181,7464,11261.782.77$119,242
Jan 20182,3044,87762.874.01$164,406
Dec 20172,1735,99157.272.92$141,951
Nov 20172,2634,35055.423.12$138,980
Oct 20171,9374,23449.292.98$108,108
Sep 20172,7943,55947.523.09$143,759
Aug 20172,2195,15345.373.00$116,158
Jul 20172,7715,31443.873.09$137,970
Jun 20172,4955,63842.493.09$123,419
May 20172,4383,48145.373.26$121,972
Apr 20172,0232,22547.933.21$104,108
Mar 20172,3522,96546.772.98$118,850
Feb 20172,0923,39650.452.95$115,568
Jan 20172,8863,79649.413.42$155,575
Dec 20162,6663,55648.763.72$143,233
Nov 20163,0022,97342.492.64$135,417
Oct 20162,4853,40546.193.09$125,304
Sep 20162,4493,51941.553.10$112,667
Aug 20162,9503,64141.442.92$132,896
Jul 20162,4323,85641.622.92$112,496
Jun 20162,6733,31545.352.69$130,124
May 20163,0473,86042.521.99$137,244
Apr 20164,8113,96836.561.99$183,791
Mar 20161,0243,12733.011.79$39,412
Feb 20163,2213,14926.472.06$91,758
Jan 20163,1875,69827.352.36$100,637
Dec 20153,0072,87332.362.00$103,057
Nov 20153,5614,57638.792.17$148,049
Oct 20152,3844,90543.552.43$115,726
Sep 20153,3735,22142.992.76$159,407
Aug 20153,5733,87840.162.87$154,631
Jul 20154,0333,82148.152.95$205,442
Jun 20153,6532,58656.152.88$212,571
May 20154,1294,71055.212.96$241,882
Apr 20153,3731,41149.822.71$171,862
Mar 20154,0885,28342.892.93$190,838
Feb 20152,8394,98244.662.98$141,617
Jan 20154,6013,94843.433.10$212,063
Dec 20144,2365,73254.693.59$252,253
Nov 20144,9226,83970.464.25$375,882
Oct 20145,6036,79378.303.90$465,214
Sep 20145,3944,91486.164.05$484,626
Aug 20147,5807,48289.394.04$707,767
Jul 20146,1985,73096.564.18$622,428
Jun 20146,4886,62498.164.74$668,239
May 20146,8516,10594.734.73$677,851
Apr 20146,8753,29295.944.81$675,419
Mar 20146,4864395.895.06$622,160
Feb 20144,273097.406.19$416,190
Jan 20144,0853,13890.404.86$384,537
Dec 20134,2274,44191.824.35$407,461
Nov 20133,2974,12288.853.74$308,348
Oct 20130097.423.78$0
Sep 20133,4663,274104.113.72$373,017
Aug 201302,329104.253.52$8,204
Jul 20133,2662,066102.523.72$342,511
Jun 20131,6582,11494.403.93$164,830
May 20132,3822,54394.834.15$236,436
Apr 20133,4613,55893.964.28$340,433
Mar 20133,6012,86093.623.91$348,316
Feb 20132,8161,62991.233.42$262,475
Jan 201374923191.603.42$69,398

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.

May 2026 — as filed, then multipliedworked
Oil                  144 bbl  × $106.41 =    $15,323
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $15,323

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/43532 is the state's own key, not one this site invented.