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HIGGINS 1

Operated by HIGHPEAK ENERGY HOLDINGS, LLC (P-5 385826) 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 45178District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$12.0 M
Aug 2014 – May 2026
Value, last 12 filed months
$447 k
at the published price for each month
Months reported
142
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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
OilDisposition156,903 bbl$8,981,136
Casinghead gasProduction937,049 Mcf$3,013,458
Total$11,994,594

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 32.2514, -101.3895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.25133, -101.38962 · 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
9,513 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 9,420 and 9,550 ft, median 9,513 ft, over the 4 wells that filed a depth.

Completions filed
Aug 2014 – Oct 2017
4 of 4 wells

4 wells

42-2273919449,550 ftOct 2017——
42-2273894739,490 ftFeb 2017——
42-2273876829,535 ftAug 2016——
42-2273805819,420 ftAug 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 (142)

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

142 months

May 20263303,186106.413.05$44,819
Apr 20265373,87198.932.87$64,234
Mar 20263623,71489.753.15$44,187
Feb 20267234,02363.503.75$60,998
Jan 20265363,44959.138.00$59,279
Dec 20251824,40956.664.41$29,771
Nov 20251793,90058.593.93$25,801
Oct 2025689059.383.30$40,913
Sep 20250062.743.08$0
Aug 2025334063.933.01$21,353
Jul 2025334066.743.32$22,291
Jun 2025500066.483.13$33,240
May 2025352060.553.23$21,314
Apr 2025361062.363.54$22,512
Mar 2025365067.704.27$24,711
Feb 2025361070.884.34$25,588
Jan 2025366074.324.28$27,201
Dec 20240068.993.12$0
Nov 2024340069.052.20$23,477
Oct 2024346071.372.28$24,694
Sep 2024528069.612.36$36,754
Aug 2024166075.632.06$12,555
Jul 2024695079.932.15$55,551
Jun 2024527078.082.63$41,148
May 2024490078.812.20$38,617
Apr 2024687084.451.66$58,017
Mar 2024512080.301.55$41,114
Feb 2024543076.091.78$41,317
Jan 2024530073.023.30$38,701
Dec 2023500071.262.61$35,630
Nov 2023511077.892.81$39,802
Oct 2023341085.443.09$29,135
Sep 2023542089.042.74$48,260
Aug 2023441080.522.67$35,509
Jul 2023506074.852.64$37,874
Jun 2023685068.962.26$47,238
May 2023341070.622.23$24,081
Apr 2023516078.122.24$40,310
Mar 2023684072.852.39$49,829
Feb 2023867075.112.47$65,120
Jan 2023522076.533.39$39,949
Dec 2022427076.415.73$32,627
Nov 2022514085.005.65$43,690
Oct 20221,0253,30587.185.86$108,739
Sep 20228665,57384.888.16$119,002
Aug 202202,34494.529.13$21,394
Jul 20221692,862101.587.54$38,752
Jun 20223354,562115.097.98$74,947
May 20223435,245109.378.43$81,745
Apr 20226956,199104.226.84$114,819
Mar 20221765,101108.885.08$45,058
Feb 20226945,46691.054.86$89,747
Jan 20227066,31681.844.54$86,439
Dec 20216928,08971.323.90$80,893
Nov 20218707,70177.435.24$107,693
Oct 20216858,28279.795.71$101,978
Sep 20217106,59169.865.35$84,869
Aug 20216722,53866.024.22$55,077
Jul 20211,0676,12270.783.98$99,901
Jun 20213546,88069.493.38$47,858
May 20218728,31163.483.02$80,434
Apr 20218769,14660.362.76$78,104
Mar 20218869,60061.302.72$80,394
Feb 20215126,36457.805.55$64,901
Jan 20218758,72950.412.81$68,640
Dec 20208569,76044.642.68$64,324
Nov 20201,0139,67938.772.71$65,471
Oct 202084710,17336.972.48$56,527
Sep 20201,02710,61137.091.99$59,218
Aug 20206489,88739.982.39$49,489
Jul 20201,01510,63938.371.83$58,363
Jun 20201,51711,69034.901.69$72,703
May 202006,06316.921.81$11,003
Apr 20208316,62014.751.80$24,202
Mar 20201,01210,09830.341.86$49,448
Feb 20201,2576,16649.881.98$74,912
Jan 20205116,81757.252.09$43,535
Dec 20191,16210,70459.012.30$93,235
Nov 20191,1268,88355.302.75$86,702
Oct 20196807,50553.472.42$54,511
Sep 20196638,40755.052.66$58,838
Aug 20191,17112,18553.112.30$90,270
Jul 20191,15011,52856.272.46$93,070
Jun 201978010,26052.782.49$66,728
May 20191,29711,08158.482.74$106,214
Apr 20191,3419,99062.632.75$111,466
Mar 20191,53712,11956.803.06$124,411
Feb 20191,18210,53650.852.79$89,524
Jan 20191,66611,82046.033.23$114,843
Dec 20181,32311,98246.594.19$111,789
Nov 20181,6558,34152.934.24$122,942
Oct 20181,7307,36361.443.40$131,311
Sep 20181,6208,70559.543.11$123,510
Aug 20181,76110,39559.403.07$136,480
Jul 20181,66512,22765.142.93$144,306
Jun 20181,60113,21760.183.08$137,016
May 20182,31913,19365.382.90$189,886
Apr 20182,66517,12663.842.90$219,813
Mar 20182,69316,76561.222.79$211,587
Feb 20182,81613,54261.782.77$211,431
Jan 20183,46315,87162.874.01$281,351
Dec 20173,83418,75457.272.92$274,363
Nov 20174,48313,99855.423.12$292,099
Oct 20172,0209,89549.292.98$129,089
Sep 20172,01615,43447.523.09$143,449
Aug 20172,55219,87745.373.00$175,503
Jul 20172,85620,11343.873.09$187,387
Jun 20173,73523,48042.493.09$231,189
May 20173,86617,99645.373.26$234,129
Apr 20174,22114,42347.933.21$248,633
Mar 20173,81311,15046.772.98$211,602
Feb 20171,3967,32050.452.95$92,041
Jan 20172,55012,37649.413.42$168,307
Dec 20163,22718,52448.763.72$226,310
Nov 20164,10020,50642.492.64$228,434
Oct 20166,35513,07046.193.09$333,927
Sep 20161,57910441.553.10$65,930
Aug 201605041.442.92$146
Jul 20163415,50141.622.92$30,279
Jun 20163478,10345.352.69$37,500
May 20165477,66242.521.99$38,514
Apr 20163597,78936.561.99$28,633
Mar 20163788,05133.011.79$26,921
Feb 20165438,13026.472.06$31,151
Jan 20169367,49727.352.36$43,325
Dec 20157557,69932.362.00$39,841
Nov 20151881,27438.792.17$10,054
Oct 20151735643.552.43$7,670
Sep 20153655,28642.992.76$30,272
Aug 20155436,66040.162.87$40,938
Jul 20157337,39748.152.95$57,079
Jun 20155404,41356.152.88$43,043
May 20157365,81155.212.96$57,809
Apr 20155612,96249.822.71$35,966
Mar 20159594,99342.892.93$55,785
Feb 20151,2005,11244.662.98$68,806
Jan 20155593,42543.433.10$34,897
Dec 20141,6758,69654.693.59$122,836
Nov 20141,4758,09170.464.25$138,330
Oct 20141,86714,79978.303.90$203,916
Sep 20145,56815,09486.164.05$540,801
Aug 201401,65289.394.04$6,666

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                  330 bbl  × $106.41 =    $35,115
Casinghead gas     3,186 Mcf  × $  3.05 =     $9,704

────────────────────────────────────────────────────
Month total                                  $44,819

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/45178 is the state's own key, not one this site invented.