LOMAX

Operated by RED HIGHLAND RESOURCES LLC (P-5 103722) 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 43938District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$7.9 M
Apr 2013 – May 2026
Value, last 12 filed months
$26 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
OilDisposition100,541 bbl$6,931,263
Casinghead gasProduction287,674 Mcf$1,012,596
Total$7,943,860

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 32.1322, -101.6550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.13241, -101.65381 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
10,392 ft
4 wells filed one
Completion to plug
8.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 10,381 and 10,480 ft, median 10,392 ft, over the 4 wells that filed a depth.

Completions filed
Aug 2013 – Jan 2017
4 of 4 wells
Plug dates filed
Jan 2024 – Feb 2024
2 of 4 wells; 2 filed none

Last completion to plug: a median of 8.4 years across the 2 wells that filed both dates, with the middle half between 7.8 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-22737332304210,385 ftJan 2017Feb 2024Yes
42-22737381303210,480 ftApr 2014Jan 2024Yes
42-22737412303410,381 ftDec 2013
42-22737233304110,398 ftAug 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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20251907159.383.30$11,517
Sep 202505362.743.08$163
Aug 202508263.933.01$247
Jul 202519212366.743.32$13,222
Jun 2025011866.483.13$369
May 202518212660.553.23$11,427
Apr 2025011762.363.54$415
Mar 20251759867.704.27$12,266
Feb 202518525670.884.34$14,224
Jan 202518842674.324.28$15,795
Dec 202417543368.993.12$13,425
Nov 202418243869.052.20$13,530
Oct 202436644371.372.28$27,132
Sep 2024012169.612.36$286
Aug 202418531075.632.06$14,631
Jul 202436545179.932.15$30,143
Jun 202418245978.082.63$15,420
May 202454639778.812.20$43,903
Apr 2024010084.451.66$166
Mar 20240080.301.55$0
Feb 20241792576.091.78$13,665
Jan 202418750473.023.30$15,317
Dec 202373773171.262.61$54,427
Nov 202374292177.892.81$60,380
Oct 20231,0831,67685.443.09$97,706
Sep 202318161889.042.74$17,806
Aug 20237131,09480.522.67$60,335
Jul 202301,10174.852.64$2,909
Jun 20235211,01468.962.26$38,218
May 20235491,05270.622.23$41,114
Apr 20233671,17878.122.24$31,306
Mar 20236881,05772.852.39$52,650
Feb 202335980875.112.47$28,957
Jan 202337293876.533.39$31,647
Dec 202236161476.415.73$31,102
Nov 202234198085.005.65$34,518
Oct 202218595187.185.86$21,705
Sep 20225171,14284.888.16$53,206
Aug 20223411,11394.529.13$42,390
Jul 20225391,196101.587.54$63,772
Jun 20221681,097115.097.98$28,086
May 20225321,179109.378.43$68,127
Apr 20223931,118104.226.84$48,603
Mar 20223661,202108.885.08$45,952
Feb 20223781,07791.054.86$39,650
Jan 20223561,15281.844.54$34,362
Dec 20213481,16971.323.90$29,377
Nov 20215191,09577.435.24$45,921
Oct 20218471,21079.795.71$74,496
Sep 2021080669.865.35$4,313
Aug 2021028866.024.22$1,216
Jul 202116966770.783.98$14,618
Jun 20213591,26269.493.38$29,213
May 202132982463.483.02$23,371
Apr 202117387460.362.76$12,853
Mar 202168735261.302.72$43,069
Feb 2021067157.805.55$3,723
Jan 202151285150.412.81$28,201
Dec 20203581,04444.642.68$18,774
Nov 202034492738.772.71$15,846
Oct 20203471,26036.972.48$15,951
Sep 20203411,36037.091.99$15,356
Aug 20203391,15339.982.39$16,303
Jul 202017188938.371.83$8,184
Jun 202017262534.901.69$7,059
May 20203391,32316.921.81$8,137
Apr 20203461,22014.751.80$7,305
Mar 20203661,44930.341.86$13,794
Feb 20203531,32749.881.98$20,236
Jan 20203611,51657.252.09$23,843
Dec 20195361,42859.012.30$34,920
Nov 20191701,48555.302.75$13,486
Oct 20195351,44053.472.42$32,089
Sep 20192741,54955.052.66$19,200
Aug 20193591,29353.112.30$22,046
Jul 20193451,42856.272.46$22,926
Jun 20193621,26752.782.49$22,263
May 20195501,49158.482.74$36,250
Apr 20197171,63762.632.75$49,409
Mar 20191951,60156.803.06$15,978
Feb 201919096350.852.79$12,350
Jan 20195491,45246.033.23$29,958
Dec 20185571,76446.594.19$33,334
Nov 20183521,74952.934.24$26,042
Oct 20183561,82261.443.40$28,064
Sep 20185161,87659.543.11$36,553
Aug 20185291,86659.403.07$37,145
Jul 20183641,51865.142.93$28,162
Jun 20185391,79160.183.08$37,948
May 20186901,93165.382.90$50,714
Apr 20183841,31663.842.90$28,332
Mar 20182871,35961.222.79$21,357
Feb 20183431,34461.782.77$24,908
Jan 20187191,46962.874.01$51,093
Dec 20174011,56257.272.92$27,529
Nov 20176721,37555.423.12$41,530
Oct 20175091,91949.292.98$30,814
Sep 20175191,92247.523.09$30,597
Aug 20173431,67745.373.00$20,600
Jul 20178401,92543.873.09$42,794
Jun 20176782,23442.493.09$35,705
May 20176682,28445.373.26$37,761
Apr 20176932,17347.933.21$40,194
Mar 20177062,28146.772.98$39,825
Feb 20175151,89350.452.95$31,571
Jan 20175481,96249.413.42$33,784
Dec 20167022,18648.763.72$42,368
Nov 20168811,97042.492.64$42,643
Oct 20166942,58746.193.09$40,050
Sep 20166812,40141.553.10$35,740
Aug 20166762,61341.442.92$35,655
Jul 20166802,90641.622.92$36,800
Jun 20161,0252,98045.352.69$54,488
May 20163452,73642.521.99$20,117
Apr 20161,0122,96236.561.99$42,896
Mar 20166813,26233.011.79$28,332
Feb 20161,0243,17226.472.06$33,651
Jan 20161,3713,34427.352.36$45,403
Dec 20151,0323,19432.362.00$39,788
Nov 20157022,41938.792.17$32,473
Oct 20158561,82743.552.43$41,712
Sep 20151,1972,89042.992.76$59,431
Aug 20158823,17240.162.87$44,533
Jul 20158823,40048.152.95$52,482
Jun 20151,3883,58256.152.88$88,263
May 20158784,15355.212.96$60,748
Apr 20151,2084,19949.822.71$71,547
Mar 20151,5744,11842.892.93$79,594
Feb 20151,2124,35144.662.98$67,077
Jan 20151,5925,44843.433.10$86,033
Dec 20141,7546,40654.693.59$118,933
Nov 20141,9467,39370.464.25$168,549
Oct 20142,4387,55778.303.90$220,375
Sep 20142,4289,12386.164.05$246,103
Aug 20143,1319,04489.394.04$316,374
Jul 20143,3086,25596.564.18$345,564
Jun 20143,9518,75398.164.74$429,292
May 20144,41710,05094.734.73$465,924
Apr 20143,3467,85295.944.81$358,776
Mar 20141,5583,94895.895.06$169,361
Feb 20141,5493,25897.406.19$171,046
Jan 20141,2213,16490.404.86$125,758
Dec 20131,0452,62091.824.35$107,361
Nov 20138731,85888.853.74$84,512
Oct 20131,2193,80697.423.78$133,139
Sep 20132,4584,394104.113.72$272,238
Aug 20135181,200104.253.52$58,229
Jul 2013210298102.523.72$22,637
Jun 201317315094.403.93$16,921
May 201320615594.834.15$20,178
Apr 20135915093.964.28$6,186

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.

Oct 2025 — as filed, then multipliedworked
Oil                  190 bbl  × $ 59.38 =    $11,282
Casinghead gas        71 Mcf  × $  3.30 =       $235

────────────────────────────────────────────────────
Month total                                  $11,517

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/43938 is the state's own key, not one this site invented.