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BILLY 135

Operated by OWL OPS LLC (P-5 100332) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 44935District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.8 M
Apr 2014 – May 2026
Value, last 12 filed months
$115 k
at the published price for each month
Months reported
146
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 581 leases and 1,079 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2016-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition97,215 bbl$5,581,603
Casinghead gasProduction378,145 Mcf$1,190,481
Total$6,772,085

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 32.3153, -102.0753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.31534, -102.07528 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,709 ft
2 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.
2100.0%

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 11,703 and 11,715 ft, median 11,709 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2014 – Oct 2014
2 of 2 wells

2 wells

42-31739756211,715 ftOct 2014——
42-31739151111,703 ftApr 2014——

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 (146)

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

146 months

May 202600106.413.05$0
Apr 2026256098.932.87$25,326
Mar 202611768089.753.15$12,642
Feb 202611047663.503.75$8,770
Jan 20269451259.138.00$9,653
Dec 202513849856.664.41$10,017
Nov 202512352958.593.93$9,284
Oct 202512365459.383.30$9,465
Sep 20257950362.743.08$6,504
Aug 20255848263.933.01$5,161
Jul 202512956566.743.32$10,483
Jun 20259644066.483.13$7,759
May 202511866260.553.23$9,285
Apr 20256659162.363.54$6,210
Mar 202516367467.704.27$13,912
Feb 202517153070.884.34$14,421
Jan 202524263374.324.28$20,694
Dec 202442773268.993.12$31,744
Nov 20241261,07169.052.20$11,055
Oct 202425065171.372.28$19,328
Sep 202426155269.612.36$19,473
Aug 202425674275.632.06$20,892
Jul 202436697279.932.15$31,341
Jun 202424674878.082.63$21,178
May 202422575778.812.20$19,396
Apr 202412263184.451.66$11,350
Mar 202425579380.301.55$21,702
Feb 202427668076.091.78$22,214
Jan 202453979373.023.30$41,973
Dec 202317242171.262.61$13,356
Nov 202327563277.892.81$23,194
Oct 202323535085.443.09$21,159
Sep 202315613389.042.74$14,254
Aug 202315911080.522.67$13,097
Jul 20231729274.852.64$13,117
Jun 202319730668.962.26$14,276
May 2023671070.622.23$47,386
Apr 202385078.122.24$6,640
Mar 20230072.852.39$0
Feb 202319519175.112.47$15,117
Jan 202315553176.533.39$13,661
Dec 202210434776.415.73$9,935
Nov 202228343385.005.65$26,500
Oct 202229952687.185.86$29,151
Sep 202211355184.888.16$14,090
Aug 20222152,05394.529.13$39,060
Jul 2022266693101.587.54$32,247
Jun 2022178748115.097.98$26,453
May 2022277771109.378.43$36,797
Apr 2022250352104.226.84$28,462
Mar 2022226450108.885.08$26,891
Feb 202222554091.054.86$23,110
Jan 202238561481.844.54$34,295
Dec 202142540671.323.90$31,894
Nov 202143577.435.24$3,356
Oct 202124972079.795.71$23,982
Sep 20213531,23069.865.35$31,242
Aug 20213271,27066.024.22$26,949
Jul 20213651,47270.783.98$31,696
Jun 20213661,32069.493.38$29,896
May 20213601,37263.483.02$26,993
Apr 20216231,25960.362.76$41,077
Mar 20213831,35961.302.72$27,170
Feb 202123395757.805.55$18,777
Jan 202153798150.412.81$29,827
Dec 20203671,17044.642.68$19,513
Nov 202032384738.772.71$14,815
Oct 20203701,28436.972.48$16,861
Sep 20205071,42237.091.99$21,636
Aug 20205071,68339.982.39$24,284
Jul 20202581,28838.371.83$12,250
Jun 20205151,40634.901.69$20,350
May 20201751,98316.921.81$6,560
Apr 20205612,13314.751.80$12,123
Mar 20204582,56930.341.86$18,664
Feb 20203552,20749.881.98$22,079
Jan 20204662,30857.252.09$31,513
Dec 20194922,62859.012.30$35,089
Nov 20196442,53655.302.75$42,589
Oct 20193781,96653.472.42$24,967
Sep 20193872,02555.052.66$26,685
Aug 20193772,28453.112.30$25,286
Jul 20199144,27956.272.46$61,957
Jun 20191,0474,49152.782.49$66,449
May 20193802,61958.482.74$29,399
Apr 20195602,19162.632.75$41,100
Mar 20195152,25056.803.06$36,142
Feb 20195992,53550.852.79$37,537
Jan 20196143,00846.033.23$37,973
Dec 20184921,96746.594.19$31,155
Nov 20185591,82052.934.24$37,300
Oct 20189081,26461.443.40$60,083
Sep 20185882,87459.543.11$43,942
Aug 20187422,82959.403.07$52,750
Jul 20187512,52965.142.93$56,335
Jun 20184942,40060.183.08$37,114
May 20188403,38565.382.90$64,738
Apr 20188195,09363.842.90$67,059
Mar 20186452,64561.222.79$46,858
Feb 20185162,36861.782.77$38,429
Jan 20185663,07862.874.01$47,925
Dec 20177112,92357.272.92$49,259
Nov 20176912,96455.423.12$47,538
Oct 20176933,26649.292.98$43,903
Sep 20171,0363,73247.523.09$60,752
Aug 20176872,33745.373.00$38,190
Jul 20176803,24943.873.09$39,862
Jun 20176853,22342.493.09$39,056
May 20176733,54545.373.26$42,103
Apr 20171,0403,48247.933.21$61,030
Mar 20176733,58246.772.98$42,164
Feb 20176893,27750.452.95$44,436
Jan 20171,0383,44449.413.42$63,062
Dec 20166803,66548.763.72$46,801
Nov 20161,0453,57542.492.64$53,856
Oct 20161,0954,04146.193.09$63,066
Sep 20167234,08641.553.10$42,710
Aug 20161,1064,32941.442.92$58,492
Jul 20167294,46941.622.92$43,410
Jun 20161,2434,35045.352.69$68,053
May 20167094,62442.521.99$39,353
Apr 20161,5714,56136.561.99$66,517
Mar 20167214,91533.011.79$32,618
Feb 20161,4174,75526.472.06$47,321
Jan 20161,7565,32527.352.36$60,617
Dec 20151,2425,51032.362.00$51,219
Nov 20151,2215,74238.792.17$59,807
Oct 20151,1116,44243.552.43$64,016
Sep 20151,0395,92742.992.76$61,016
Aug 20151,6047,11940.162.87$84,866
Jul 20151,0638,03848.152.95$74,856
Jun 20152,2828,38556.152.88$152,307
May 20151,6579,40555.212.96$119,279
Apr 20152,42111,52549.822.71$151,807
Mar 20152,58510,20442.892.93$140,816
Feb 20152,38710,84244.662.98$138,871
Jan 20153,4479,80743.433.10$180,111
Dec 20143,15711,21754.693.59$212,941
Nov 20145,13113,23270.464.25$417,791
Oct 20141,3683,29378.303.90$119,960
Sep 20143494,00386.164.05$46,264
Aug 20148725,07089.394.04$98,406
Jul 20141,5465,68296.564.18$173,030
Jun 20142,0027,54298.164.74$232,242
May 20141,3835,65194.734.73$157,721
Apr 20142,5795,68095.944.81$274,745

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                  256 bbl  × $ 98.93 =    $25,326
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $25,326

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/44935 is the state's own key, not one this site invented.