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MERCER-B-

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 43564District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.2 M
Feb 2013 – May 2026
Value, last 12 filed months
$827 k
at the published price for each month
Months reported
160
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition340,002 bbl$24,130,424
Casinghead gasProduction606,662 Mcf$2,113,767
Total$26,244,191

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 31.6224, -101.1885. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles.

31.61885, -101.18874 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,218 ft
3 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.
3100.0%

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 6,622 and 8,682 ft, median 7,218 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2013 – Sep 2013
3 of 3 wells

3 wells

42-43133424131HU6,622 ftSep 2013——
42-4313340662HM7,218 ftJul 2013——
42-4313338661H8,682 ftFeb 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 (160)

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

160 months

May 20267052,130106.413.05$81,507
Apr 20261,0692,07498.932.87$111,708
Mar 20261,0652,23789.753.15$102,629
Feb 20269001,96863.503.75$64,531
Jan 20269051,93159.138.00$68,957
Dec 20251,0692,28956.664.41$70,672
Nov 20251,2442,34458.593.93$82,090
Oct 20251,0382,53759.383.30$70,021
Sep 20251,0342,25762.743.08$71,818
Aug 20257111,43363.933.01$49,774
Jul 202535295366.743.32$26,652
Jun 202535877066.483.13$26,209
May 202536093860.553.23$24,830
Apr 202535297362.363.54$25,398
Mar 20255211,21767.704.27$40,466
Feb 20251861,67470.884.34$20,450
Jan 202525574374.324.28$22,131
Dec 202455184368.993.12$40,645
Nov 20247561,74869.052.20$56,045
Oct 20245711,69471.372.28$44,617
Sep 20241,2372,11369.612.36$91,103
Aug 20249672,62675.632.06$78,553
Jul 20249102,80879.932.15$78,764
Jun 20241,4784,05078.082.63$126,070
May 20243771,30278.812.20$32,574
Apr 20245591,98284.451.66$50,496
Mar 20245652,07080.301.55$48,568
Feb 20249522,90576.091.78$77,619
Jan 20241,1162,71973.023.30$90,457
Dec 20231,3462,79071.262.61$103,200
Nov 20231,1382,16177.892.81$94,706
Oct 20237611,76185.443.09$70,457
Sep 20231,0981,51389.042.74$101,904
Aug 20237501,58080.522.67$64,613
Jul 20231,0781,63574.852.64$85,008
Jun 20239181,57768.962.26$66,867
May 20239062,46170.622.23$69,463
Apr 20237693,04278.122.24$66,882
Mar 20231,1473,37372.852.39$91,631
Feb 20231,5382,94175.112.47$122,771
Jan 20237732,77076.533.39$68,542
Dec 20227771,68576.415.73$69,024
Nov 20221,1332,99285.005.65$113,198
Oct 20229763,16387.185.86$103,635
Sep 20221,5063,25284.888.16$154,378
Aug 20229553,11494.529.13$118,689
Jul 20221,1153,234101.587.54$137,653
Jun 20221,3203,166115.097.98$177,175
May 20223803,380109.378.43$70,064
Apr 20221,3364,112104.226.84$167,354
Mar 20221,7513,560108.885.08$208,721
Feb 20229643,15091.054.86$103,078
Jan 20221,5073,88581.844.54$140,962
Dec 20211,3453,61271.323.90$110,009
Nov 20219733,71377.435.24$94,784
Oct 20211,7073,50979.795.71$156,252
Sep 20211,3083,54069.865.35$110,319
Aug 20211,1433,69866.024.22$91,069
Jul 20211,4794,06970.783.98$120,887
Jun 20211,2633,68269.493.38$100,213
May 20211,1222,62263.483.02$79,137
Apr 20211,1413,43560.362.76$78,346
Mar 20211,5004,36161.302.72$103,799
Feb 20211,4994,13857.805.55$109,600
Jan 20211,6594,00450.412.81$94,883
Dec 20201,4764,26244.642.68$77,291
Nov 20201,4814,12838.772.71$68,591
Oct 20201,7985,14036.972.48$79,211
Sep 20201,6695,41337.091.99$72,681
Aug 20201,6384,60739.982.39$76,475
Jul 20201,4714,20938.371.83$64,124
Jun 20201,1074,23134.901.69$45,786
May 20201,6924,60716.921.81$36,989
Apr 20201,6563,89914.751.80$31,461
Mar 20201,4603,47530.341.86$50,747
Feb 20209032,23049.881.98$49,459
Jan 20201,4542,99657.252.09$89,517
Dec 20191,5453,71659.012.30$99,733
Nov 20191,3473,51855.302.75$84,166
Oct 20191,5303,85453.472.42$91,130
Sep 20191,4894,26055.052.66$93,289
Aug 20191,6765,90453.112.30$102,617
Jul 20191,5135,25156.272.46$98,054
Jun 20191,4935,04552.782.49$91,369
May 20191,8944,61658.482.74$123,410
Apr 20191,5034,45462.632.75$106,385
Mar 20191,8394,78156.803.06$119,095
Feb 20191,5754,28350.852.79$92,048
Jan 20191,7864,96046.033.23$98,221
Dec 20181,7444,53946.594.19$100,251
Nov 20181,7674,26652.934.24$111,603
Oct 20181,5933,76161.443.40$110,654
Sep 20181,2243,71459.543.11$84,420
Aug 20181,5624,01159.403.07$105,083
Jul 20181,2813,89165.142.93$94,852
Jun 20181,8973,68860.183.08$125,509
May 20181,6374,10565.382.90$118,935
Apr 20181,6944,59663.842.90$121,477
Mar 20181,2873,79661.222.79$89,369
Feb 20181,7283,72261.782.77$117,051
Jan 20181,8734,11362.874.01$134,246
Dec 20172,0764,81957.272.92$132,971
Nov 20171,5224,37755.423.12$97,998
Oct 20172,1044,70949.292.98$117,756
Sep 20172,0724,95947.523.09$113,771
Aug 20172,0483,79245.373.00$104,310
Jul 20171,4913,53143.873.09$76,311
Jun 20171,8674,25742.493.09$92,471
May 20172,2324,69945.373.26$116,601
Apr 20171,8342,96347.933.21$97,420
Mar 20171,8181,47346.772.98$89,423
Feb 20172,2093,03050.452.95$120,390
Jan 20171,8542,09249.413.42$98,758
Dec 20161,7343,30248.763.72$96,843
Nov 20162,3193,53642.492.64$107,885
Oct 20161,9323,26346.193.09$99,323
Sep 20162,2884,52541.553.10$109,097
Aug 20162,2454,77941.442.92$107,008
Jul 20161,8593,67141.622.92$88,107
Jun 20162,0424,02545.352.69$103,415
May 20162,1784,05042.521.99$100,672
Apr 20162,2383,14936.561.99$88,091
Mar 20162,1703,03033.011.79$77,068
Feb 20162,2382,16326.472.06$63,703
Jan 20161,4785,11627.352.36$52,519
Dec 20152,4005,38432.362.00$88,440
Nov 20152,4425,03138.792.17$105,629
Oct 20153,1606,02043.552.43$152,226
Sep 20153,2665,56142.992.76$155,745
Aug 20152,5816,31740.162.87$121,798
Jul 20152,7864,13248.152.95$146,315
Jun 20152,4363,38256.152.88$146,531
May 20152,6033,82555.212.96$155,016
Apr 20152,7653,06849.822.71$146,056
Mar 20153,1823,13942.892.93$145,688
Feb 20153,4682,45144.662.98$162,176
Jan 20153,2272,41043.433.10$147,621
Dec 20142,9953,62954.693.59$176,830
Nov 20144,3817,58770.464.25$340,944
Oct 20145,2067,94778.303.90$438,631
Sep 20146,1609,48686.164.05$569,121
Aug 20145,2558,65989.394.04$504,685
Jul 20145,9687,34896.564.18$606,982
Jun 20146,9478,40798.164.74$721,740
May 20149,82011,17894.734.73$983,082
Apr 20146,3658,04595.944.81$649,347
Mar 20148,6088,39495.895.06$867,868
Feb 20144,7964,31297.406.19$493,830
Jan 201410,7759,76990.404.86$1,021,544
Dec 20136,5334,61591.824.35$619,956
Nov 20138,8037,22088.853.74$809,137
Oct 20138,86310,39797.423.78$902,727
Sep 20135,2667,076104.113.72$574,550
Aug 20136,3457,945104.253.52$689,453
Jul 20136,2475,585102.523.72$661,206
Jun 20134,237094.403.93$399,973
May 20134,2323,52394.834.15$415,938
Apr 20133,8972,92993.964.28$378,706
Mar 20135,5044,33693.623.91$532,251
Feb 201310919691.233.42$10,614

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                  705 bbl  × $106.41 =    $75,019
Casinghead gas     2,130 Mcf  × $  3.05 =     $6,488

────────────────────────────────────────────────────
Month total                                  $81,507

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/43564 is the state's own key, not one this site invented.