VS TRUST

Operated by OXY USA INC. (P-5 630591) 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 43616District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.5 M
Sep 2012 – Jan 2020
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
89
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
OilDisposition17,010 bbl$1,303,494
Casinghead gasProduction43,830 Mcf$152,569
Total$1,456,064

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 31.9913, -101.6141. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.99126, -101.61407 · 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
10,457 ft
2 wells filed one
Completion to plug
6.2 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 10,355 and 10,559 ft, median 10,457 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2012 – Apr 2013
2 of 2 wells
Plug dates filed
Feb 2019 – Mar 2019
2 of 2 wells

Last completion to plug: a median of 6.2 years across the 2 wells that filed both dates, with the middle half between 6.0 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-17335532210,559 ftApr 2013Mar 2019Yes
42-17335076110,355 ftOct 2012Feb 2019Yes

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 (89)

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

89 months

Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019258055.302.75$14,267
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019182046.033.23$8,377
Dec 20180346.594.19$13
Nov 20180552.934.24$21
Oct 20180961.443.40$31
Sep 201802459.543.11$75
Aug 201803259.403.07$98
Jul 2018016165.142.93$472
Jun 2018033460.183.08$1,028
May 201818432965.382.90$12,984
Apr 2018043563.842.90$1,262
Mar 2018145861.222.79$1,338
Feb 201817536761.782.77$11,827
Jan 201818846262.874.01$13,672
Dec 201716931757.272.92$10,605
Nov 2017029255.423.12$911
Oct 201717442549.292.98$9,845
Sep 2017046547.523.09$1,436
Aug 2017053145.373.00$1,595
Jul 201734165043.873.09$16,966
Jun 2017060542.493.09$1,868
May 201718356245.373.26$10,137
Apr 2017022047.933.21$707
Mar 201734720246.772.98$16,832
Feb 2017045550.452.95$1,343
Jan 201705349.413.42$181
Dec 201608448.763.72$313
Nov 20163449542.492.64$14,868
Oct 2016019546.193.09$603
Sep 2016059041.553.10$1,829
Aug 201632357141.442.92$15,055
Jul 20161060341.622.92$2,180
Jun 2016062145.352.69$1,668
May 201635364142.521.99$16,286
Apr 2016060736.561.99$1,209
Mar 201634764733.011.79$12,615
Feb 2016061526.472.06$1,269
Jan 201636064027.352.36$11,359
Dec 2015064732.362.00$1,295
Nov 2015171038.792.17$1,578
Oct 201535842543.552.43$16,622
Sep 2015078742.992.76$2,171
Aug 201535670840.162.87$16,331
Jul 2015081348.152.95$2,394
Jun 201517781156.152.88$12,277
May 2015085355.212.96$2,521
Apr 201517781349.822.71$11,019
Mar 201517682042.892.93$9,955
Feb 201535080044.662.98$18,012
Jan 20151751,25043.433.10$11,476
Dec 20141771,18754.693.59$13,943
Nov 20143501,17170.464.25$29,640
Oct 20143491,10378.303.90$31,629
Sep 20147171,30786.164.05$67,064
Aug 2014081689.394.04$3,293
Jul 2014072496.564.18$3,026
Jun 201417096398.164.74$21,249
May 2014090394.734.73$4,268
Apr 201452489495.944.81$54,572
Mar 20143571,08295.895.06$39,704
Feb 201435089097.406.19$39,601
Jan 201435546890.404.86$34,367
Dec 201351924291.824.35$48,708
Nov 201336931988.853.74$33,978
Oct 20131694297.423.78$16,623
Sep 20135340104.113.72$55,595
Aug 20137131,527104.253.52$79,709
Jul 20133301,070102.523.72$37,810
Jun 20131,0772,49894.403.93$111,494
May 20131,0872,11694.834.15$111,860
Apr 20131,3661,18493.964.28$133,420
Mar 201321523993.623.91$21,063
Feb 201334824391.233.42$32,579
Jan 201317410091.603.42$16,280
Dec 2012181086.773.42$15,705
Nov 2012687086.953.62$59,735
Oct 2012183089.383.40$16,357
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.

Nov 2019 — as filed, then multipliedworked
Oil                  258 bbl  × $ 55.30 =    $14,267
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                  $14,267

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/43616 is the state's own key, not one this site invented.