CRAVEN, P.L.

Operated by P1 ENERGY, LLC (P-5 631633) 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 43797District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$6.0 M
Apr 2013 – May 2026
Value, last 12 filed months
$171 k
at the published price for each month
Months reported
158
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
OilDisposition69,220 bbl$4,677,729
Casinghead gasProduction401,437 Mcf$1,362,038
Total$6,039,767

Wells on this lease (4)

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 31.6830, -101.2697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.68299, -101.26972 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,945 ft
4 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.
4100.0%

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 8,500 and 9,435 ft, median 8,945 ft, over the 4 wells that filed a depth.

Completions filed
Apr 2013 – Jul 2014
4 of 4 wells

4 wells

42-1733129728,530 ftJul 2014
42-1733109918,500 ftJun 2014
42-1733553649,435 ftApr 2013
42-1733553539,360 ftApr 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 (158)

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

158 months

May 202600106.413.05$0
Apr 202601,21798.932.87$3,492
Mar 202601,30789.753.15$4,116
Feb 20261821,22163.503.75$16,136
Jan 202601,42459.138.00$11,389
Dec 2025951,51556.664.41$12,069
Nov 202517149658.593.93$11,966
Oct 20253541,85659.383.30$27,154
Sep 202502,02162.743.08$6,218
Aug 20255332,37563.933.01$41,235
Jul 20253542,56366.743.32$32,123
Jun 202501,66566.483.13$5,209
May 20253452,00860.553.23$27,380
Apr 20251822,44362.363.54$20,005
Mar 20253562,49267.704.27$34,738
Feb 20253542,23570.884.34$34,793
Jan 20253562,60374.324.28$37,595
Dec 20245403,05468.993.12$46,787
Nov 20243582,99669.052.20$31,306
Oct 20243681,83871.372.28$30,457
Sep 20241701,33969.612.36$15,000
Aug 20241701,42375.632.06$15,794
Jul 20241881,34879.932.15$17,920
Jun 20241831,64878.082.63$18,629
May 20241591,68678.812.20$16,237
Apr 20241841,70984.451.66$18,374
Mar 20243531,80380.301.55$31,132
Feb 20241891,62876.091.78$17,285
Jan 20241871,67173.023.30$19,165
Dec 20233681,51471.262.61$30,176
Nov 20231691,51777.892.81$17,422
Oct 20231861,67885.443.09$21,072
Sep 20231761,54489.042.74$19,894
Aug 20233601,65680.522.67$33,413
Jul 20233501,71674.852.64$30,731
Jun 20231861,40768.962.26$16,004
May 20231921,50870.622.23$16,918
Apr 20231911,34978.122.24$17,940
Mar 20233801,32072.852.39$30,842
Feb 20232011,17675.112.47$17,997
Jan 20231941,30976.533.39$19,281
Dec 202216984876.415.73$17,772
Nov 2022087885.005.65$4,957
Oct 20223701,54587.185.86$41,316
Sep 20223601,63284.888.16$43,880
Aug 20221761,67594.529.13$31,924
Jul 20221781,527101.587.54$29,598
Jun 20223621,580115.097.98$54,267
May 20223601,744109.378.43$54,080
Apr 20221831,658104.226.84$30,409
Mar 20221761,375108.885.08$26,143
Feb 20223551,76591.054.86$40,899
Jan 20223661,92381.844.54$38,679
Dec 20215452,18771.323.90$47,397
Nov 20211771,82477.435.24$23,257
Oct 20211792,16879.795.71$26,670
Sep 20215361,94869.865.35$47,869
Aug 202101,97066.024.22$8,315
Jul 20213592,30170.783.98$34,573
Jun 20215322,34369.493.38$44,889
May 20213552,40163.483.02$29,781
Apr 20219072,31060.362.76$61,118
Mar 2021046461.302.72$1,261
Feb 2021067357.805.55$3,734
Jan 202118399350.412.81$12,016
Dec 202001,01844.642.68$2,724
Nov 202018597638.772.71$9,814
Oct 2020067636.972.48$1,675
Sep 20203651,27837.091.99$16,082
Aug 20209172,22039.982.39$41,957
Jul 2020065138.371.83$1,188
Jun 202018855834.901.69$7,504
May 2020059216.921.81$1,074
Apr 2020067514.751.80$1,218
Mar 202018281230.341.86$7,029
Feb 2020082649.881.98$1,636
Jan 202018366157.252.09$11,861
Dec 201918074359.012.30$12,334
Nov 2019069155.302.75$1,901
Oct 201918083853.472.42$11,651
Sep 2019066555.052.66$1,767
Aug 201917983753.112.30$11,435
Jul 2019087156.272.46$2,143
Jun 201917790652.782.49$11,599
May 201918294358.482.74$13,227
Apr 201901,06962.632.75$2,941
Mar 20195461,51756.803.06$35,658
Feb 201901,12850.852.79$3,150
Jan 20191751,26246.033.23$12,129
Dec 20181801,53746.594.19$14,819
Nov 20181871,54152.934.24$16,428
Oct 20181913,11561.443.40$22,320
Sep 20181811,58659.543.11$15,706
Aug 20183664,77159.403.07$36,371
Jul 20181781,84465.142.93$17,001
Jun 20181634,64460.183.08$24,099
May 20181822,15065.382.90$18,136
Apr 20181861,10663.842.90$15,083
Mar 20182092,29861.222.79$19,199
Feb 20181883,82161.782.77$22,184
Jan 20183592,92762.874.01$34,306
Dec 20173682,75757.272.92$29,130
Nov 20173593,11855.423.12$29,619
Oct 20175343,17849.292.98$35,803
Sep 20173602,61347.523.09$25,174
Aug 20173613,26745.373.00$26,194
Jul 20177093,38943.873.09$41,567
Jun 20173642,88642.493.09$24,376
May 20175563,59645.373.26$36,961
Apr 20173513,11347.933.21$26,821
Mar 20175213,70746.772.98$35,428
Feb 20175393,93650.452.95$38,814
Jan 20177304,15449.413.42$50,271
Dec 20167324,25248.763.72$51,522
Nov 20163633,96842.492.64$25,917
Oct 20165484,08546.193.09$37,936
Sep 20167024,21041.553.10$42,222
Aug 20165343,95241.442.92$33,686
Jul 20167084,61341.622.92$42,957
Jun 20165423,10945.352.69$32,930
May 20165394,26042.521.99$31,400
Apr 20167075,02336.561.99$35,849
Mar 20167265,40533.011.79$33,662
Feb 20167275,15126.472.06$29,873
Jan 20167295,29427.352.36$32,455
Dec 20157424,97032.362.00$33,958
Nov 20159094,80738.792.17$45,678
Oct 20159054,97943.552.43$51,495
Sep 20155404,66342.992.76$36,077
Aug 20158955,05740.162.87$50,469
Jul 20157054,63148.152.95$47,584
Jun 20158484,18956.152.88$59,692
May 20158715,31155.212.96$63,784
Apr 20159685,17949.822.71$62,243
Mar 20151,0545,69842.892.93$61,928
Feb 20156965,45744.662.98$47,324
Jan 20151,4015,05043.433.10$76,504
Dec 20141,0405,01254.693.59$74,878
Nov 20141,0595,20070.464.25$96,727
Oct 20141,2244,29678.303.90$112,598
Sep 20141,6345,14586.164.05$161,599
Aug 20142,0406,33389.394.04$207,910
Jul 20143,0656,00296.564.18$321,042
Jun 20148734,75098.164.74$108,194
May 20141,1343,95794.734.73$126,127
Apr 20149813,85995.944.81$112,676
Mar 20144511,66095.895.06$51,641
Feb 20147033,70897.406.19$91,432
Jan 20141,1746,28090.404.86$136,655
Dec 20134693,83191.824.35$59,746
Nov 20135253,53788.853.74$59,869
Oct 20137554,07797.423.78$88,961
Sep 20137065,185104.113.72$92,778
Aug 20139824,585104.253.52$118,525
Jul 20131,0533,103102.523.72$119,490
Jun 20131,6233,82194.403.93$168,241
May 20131,5611,28794.834.15$153,370
Apr 201341993.964.28$457

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas     1,217 Mcf  × $  2.87 =     $3,492

────────────────────────────────────────────────────
Month total                                   $3,492

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/43797 is the state's own key, not one this site invented.