CLAY 17

Operated by LAGUNA TEXAS RESOURCES, LLC (P-5 104003) 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 44683District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$3.8 M
Oct 2013 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
152
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
OilDisposition55,882 bbl$3,700,816
Casinghead gasProduction37,000 Mcf$118,950
Total$3,819,766

Every month this lease reported (152)

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

152 months

May 202612126106.413.05$12,955
Apr 20261371198.932.87$13,585
Mar 202653089.753.15$4,757
Feb 2026634263.503.75$4,158
Jan 20262356759.138.00$14,431
Dec 20251264456.664.41$7,333
Nov 20252257658.593.93$13,481
Oct 202508959.383.30$294
Sep 20256062.743.08$376
Aug 20250563.933.01$15
Jul 20255566.743.32$350
Jun 20250566.483.13$16
May 20257560.553.23$440
Apr 202515562.363.54$953
Mar 20250567.704.27$21
Feb 202570570.884.34$4,983
Jan 2025823174.324.28$6,227
Dec 202401168.993.12$34
Nov 2024704169.052.20$4,924
Oct 202412410771.372.28$9,094
Sep 2024689169.612.36$4,949
Aug 202414714275.632.06$11,411
Jul 202421612879.932.15$17,540
Jun 202421818478.082.63$17,506
May 202442320678.812.20$33,790
Apr 202424822384.451.66$21,314
Mar 202421816280.301.55$17,756
Feb 20241077376.091.78$8,272
Jan 20242482973.023.30$18,205
Dec 202311112371.262.61$8,231
Nov 202314712577.892.81$11,801
Oct 202328716685.443.09$25,034
Sep 202319111489.042.74$17,318
Aug 20231459280.522.67$11,921
Jul 202320313374.852.64$15,546
Jun 202324913068.962.26$17,465
May 202320310170.622.23$14,561
Apr 20232462778.122.24$19,278
Mar 20232102472.852.39$15,356
Feb 20236016475.112.47$4,911
Jan 20236711476.533.39$5,514
Dec 20221364876.415.73$10,667
Nov 20223641885.005.65$31,042
Oct 20222662387.185.86$23,325
Sep 20221761284.888.16$15,037
Aug 2022141594.529.13$13,373
Jul 20227211101.587.54$7,397
Jun 20221350115.097.98$15,537
May 20221770109.378.43$19,358
Apr 2022930104.226.84$9,692
Mar 2022750108.885.08$8,166
Feb 202284091.054.86$7,648
Jan 202264081.844.54$5,238
Dec 2021912071.323.90$6,568
Nov 2021812077.435.24$6,377
Oct 2021511679.795.71$4,161
Sep 2021331569.865.35$2,386
Aug 2021481366.024.22$3,224
Jul 2021491470.783.98$3,524
Jun 2021631669.493.38$4,432
May 2021642063.483.02$4,123
Apr 2021822060.362.76$5,005
Mar 2021731861.302.72$4,524
Feb 20216820057.805.55$5,040
Jan 2021809150.412.81$4,289
Dec 20205812844.642.68$2,932
Nov 20209111938.772.71$3,850
Oct 202013213236.972.48$5,207
Sep 202017412437.091.99$6,701
Aug 20207811139.982.39$3,383
Jul 202012214938.371.83$4,953
Jun 202011417534.901.69$4,274
May 202014216516.921.81$2,702
Apr 202019129114.751.80$3,342
Mar 202018045230.341.86$6,300
Feb 202020167049.881.98$11,353
Jan 202016334857.252.09$10,061
Dec 2019211059.012.30$12,451
Nov 2019184055.302.75$10,175
Oct 2019176053.472.42$9,411
Sep 2019182055.052.66$10,019
Aug 2019411053.112.30$21,828
Jul 20192707256.272.46$15,370
Jun 201928326852.782.49$15,604
May 201928831158.482.74$17,694
Apr 201931416562.632.75$20,120
Mar 201934512956.803.06$19,991
Feb 201944614850.852.79$23,092
Jan 201917714846.033.23$8,625
Dec 201824516746.594.19$12,114
Nov 201827612952.934.24$15,155
Oct 201816519461.443.40$10,797
Sep 201826111959.543.11$15,910
Aug 201827330959.403.07$17,164
Jul 201811825765.142.93$8,440
Jun 201824530860.183.08$15,692
May 20189320965.382.90$6,687
Apr 20182169563.842.90$14,065
Mar 201831327661.222.79$19,931
Feb 201820719061.782.77$13,314
Jan 201837523062.874.01$24,498
Dec 201717541257.272.92$11,226
Nov 201734050455.423.12$20,414
Oct 201728560549.292.98$15,853
Sep 201716631147.523.09$8,848
Aug 201720845645.373.00$10,807
Jul 201722247043.873.09$11,190
Jun 201730834642.493.09$14,155
May 201718037045.373.26$9,374
Apr 201732722147.933.21$16,383
Mar 201723218246.772.98$11,394
Feb 201723021650.452.95$12,241
Jan 201726833349.413.42$14,380
Dec 201623433548.763.72$12,657
Nov 201654544542.492.64$24,334
Oct 201662663646.193.09$30,880
Sep 201642475541.553.10$19,958
Aug 201641052341.442.92$18,520
Jul 201670826941.622.92$30,254
Jun 201664959645.352.69$31,033
May 201652625642.521.99$22,875
Apr 201671532836.561.99$26,793
Mar 201652523633.011.79$17,754
Feb 20161,04135526.472.06$28,288
Jan 201674848527.352.36$21,605
Dec 201582924232.362.00$27,311
Nov 201538124038.792.17$15,299
Oct 201571964643.552.43$32,880
Sep 201576553042.992.76$34,349
Aug 20151,09073240.162.87$45,877
Jul 201591066848.152.95$45,784
Jun 201584518756.152.88$47,986
May 20159041,38355.212.96$53,997
Apr 201588291949.822.71$46,429
Mar 20159381,31942.892.93$44,102
Feb 20151,0911,29844.662.98$52,587
Jan 201566945943.433.10$30,478
Dec 20141,22478954.693.59$69,774
Nov 20141,03759470.464.25$75,593
Oct 20141,15654978.303.90$92,656
Sep 20141,29453186.164.05$113,639
Aug 20141,27354089.394.04$115,972
Jul 20141,59040396.564.18$155,215
Jun 20141,51840398.164.74$150,916
May 20141,78445994.734.73$171,168
Apr 20141,81178995.944.81$177,542
Mar 20142,84691795.895.06$277,540
Feb 20141,79270697.406.19$178,912
Jan 20141,55789090.404.86$145,079
Dec 20131,14682891.824.35$108,831
Nov 20131023588.853.74$9,194
Oct 20130097.423.78$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.

May 2026 — as filed, then multipliedworked
Oil                  121 bbl  × $106.41 =    $12,876
Casinghead gas        26 Mcf  × $  3.05 =        $79

────────────────────────────────────────────────────
Month total                                  $12,955

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/44683 is the state's own key, not one this site invented.