EDWARDS 3

Operated by APACHE CORPORATION (P-5 27200) 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 45968District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$20.3 M
Feb 2014 – May 2026
Value, last 12 filed months
$687 k
at the published price for each month
Months reported
148
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
OilDisposition276,827 bbl$17,768,240
Casinghead gasProduction758,210 Mcf$2,539,234
Total$20,307,473

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 32.0071, -101.4602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.00714, -101.46023 · 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
9,307 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 9,293 and 9,321 ft, median 9,307 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2014
2 of 2 wells

2 wells

42-173361632H9,293 ftFeb 2014
42-173361663H9,321 ftFeb 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 (148)

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

148 months

May 20269573,078106.413.05$111,209
Apr 20261,0213,10698.932.87$109,921
Mar 20269491,66589.753.15$90,417
Feb 202619289663.503.75$15,552
Jan 202631789359.138.00$25,886
Dec 20255981,13556.664.41$38,892
Nov 20255861,95258.593.93$41,998
Oct 20252583,09759.383.30$25,555
Sep 20258192,44962.743.08$58,919
Aug 20257792,65163.933.01$57,794
Jul 20251,3183,14366.743.32$98,383
Jun 2025343,40266.483.13$12,904
May 20253331,78460.553.23$25,930
Apr 20251,2573,25162.363.54$89,905
Mar 20251,0473,26267.704.27$84,805
Feb 20253561,22170.884.34$30,533
Jan 20253841,42474.324.28$34,632
Dec 20247412,99368.993.12$60,464
Nov 20247243,08669.052.20$56,777
Oct 20247243,11771.372.28$58,783
Sep 20247493,31769.612.36$59,980
Aug 20246893,33975.632.06$59,000
Jul 20247783,21579.932.15$69,087
Jun 20247093,25178.082.63$63,922
May 20247323,52978.812.20$65,447
Apr 20247023,44684.451.66$65,002
Mar 20241,1343,42780.301.55$96,355
Feb 20247473,32476.091.78$62,768
Jan 20247323,28873.023.30$64,293
Dec 20237413,65971.262.61$62,356
Nov 20231,1583,15677.892.81$99,057
Oct 20237313,77585.443.09$74,111
Sep 20237503,65289.042.74$76,768
Aug 20237883,53380.522.67$72,893
Jul 20231,1453,79574.852.64$95,729
Jun 20233963,63868.962.26$35,525
May 20231,1533,86870.622.23$90,040
Apr 20237773,77678.122.24$69,149
Mar 20237643,83572.852.39$64,835
Feb 20231,1683,41575.112.47$96,149
Jan 20237973,73076.533.39$73,631
Dec 20227833,58576.415.73$80,368
Nov 20221,1623,70685.005.65$119,695
Oct 20227323,66187.185.86$85,283
Sep 20227703,93884.888.16$97,506
Aug 20221,1504,16794.529.13$146,731
Jul 20227814,203101.587.54$111,033
Jun 20221,1714,037115.097.98$166,974
May 20227974,234109.378.43$122,873
Apr 20227513,994104.226.84$105,579
Mar 20221,1234,064108.885.08$142,903
Feb 20227613,22491.054.86$84,954
Jan 20221,1633,83981.844.54$112,600
Dec 20211,1473,94071.323.90$97,167
Nov 20217383,75577.435.24$76,808
Oct 20211,1324,13979.795.71$113,972
Sep 20217644,13269.865.35$75,483
Aug 20211,4544,28866.024.22$114,091
Jul 20217264,13670.783.98$67,856
Jun 20211,0244,15369.493.38$85,197
May 20211,0984,17563.483.02$82,300
Apr 20211,0504,26160.362.76$75,132
Mar 20211,4144,70061.302.72$99,448
Feb 20217352,50157.805.55$56,358
Jan 20211,1594,25750.412.81$70,389
Dec 20201,4804,25844.642.68$77,459
Nov 20207364,29838.772.71$40,168
Oct 20201,0944,53336.972.48$51,680
Sep 20201,3924,50237.091.99$60,593
Aug 20207064,59839.982.39$39,193
Jul 20201,0804,56838.371.83$49,777
Jun 20201,3944,45234.901.69$56,176
May 20201,2314,62016.921.81$29,213
Apr 20201,0174,45914.751.80$23,046
Mar 20201,4614,66130.341.86$52,979
Feb 20201,0864,37949.881.98$62,843
Jan 20201,5234,76157.252.09$97,165
Dec 20191,1464,80659.012.30$78,700
Nov 20191,1754,71855.302.75$77,955
Oct 20191,5084,93053.472.42$92,556
Sep 20191,1304,86655.052.66$75,137
Aug 20191,5135,09053.112.30$92,085
Jul 20191,1045,17656.272.46$74,855
Jun 20191,3885,04352.782.49$85,822
May 20191,4765,27758.482.74$100,777
Apr 20191,4975,28962.632.75$108,306
Mar 20191,0675,10456.803.06$76,235
Feb 20191,4884,12750.852.79$87,188
Jan 20191,4625,19346.033.23$84,060
Dec 20181,3835,30146.594.19$86,621
Nov 20181,7265,17752.934.24$113,293
Oct 20181,4125,53061.443.40$105,545
Sep 20181,3765,51759.543.11$99,074
Aug 20181,7185,81459.403.07$119,878
Jul 20181,3755,98865.142.93$107,124
Jun 20181,4186,00060.183.08$103,797
May 20182,0236,02565.382.90$149,741
Apr 20181,4515,84563.842.90$109,587
Mar 20181,4466,32061.222.79$106,137
Feb 20181,6185,59361.782.77$115,431
Jan 20181,8336,49162.874.01$141,265
Dec 20171,7316,72057.272.92$118,767
Nov 20171,6636,75155.423.12$113,216
Oct 20172,0417,72049.292.98$123,635
Sep 20171,3658,35947.523.09$90,671
Aug 20172,02411,09445.373.00$125,160
Jul 20172,0408,38243.873.09$115,372
Jun 20171,8945,56442.493.09$97,654
May 20171,7955,42145.373.26$99,130
Apr 20172,1355,71247.933.21$120,675
Mar 20172,0495,34546.772.98$111,780
Feb 20172,3165,01750.452.95$131,655
Jan 20171,8715,66149.413.42$111,800
Dec 20162,1176,14248.763.72$126,091
Nov 20162,4925,90942.492.64$121,511
Oct 20162,0717,20746.193.09$117,931
Sep 20162,2985,54641.553.10$112,678
Aug 20162,6906,67241.442.92$130,985
Jul 20162,0946,63841.622.92$106,564
Jun 20162,5787,22945.352.69$136,328
May 20162,7538,86842.521.99$134,714
Apr 20163,40010,75236.561.99$145,712
Mar 20162,0304,94533.011.79$75,882
Feb 20162,9565,21426.472.06$89,005
Jan 20163,0686,63527.352.36$99,597
Dec 20153,2764,22932.362.00$114,475
Nov 20153,4045,36938.792.17$143,678
Oct 20152,8246,36143.552.43$138,421
Sep 20153,1265,78942.992.76$150,355
Aug 20153,2687,87540.162.87$153,864
Jul 20153,6477,61648.152.95$198,033
Jun 20153,8776,95856.152.88$237,752
May 20153,6736,00655.212.96$220,537
Apr 20154,2306,97949.822.71$229,628
Mar 20154,3937,53142.892.93$210,517
Feb 20153,9336,02244.662.98$193,570
Jan 20155,1726,82543.433.10$245,782
Dec 20144,6587,27354.693.59$280,866
Nov 20144,52510,36670.464.25$362,906
Oct 20145,43410,10078.303.90$464,882
Sep 20145,08711,81186.164.05$486,077
Aug 20147,61112,76389.394.04$731,848
Jul 20146,84812,18796.564.18$712,180
Jun 20147,44715,06798.164.74$802,368
May 20149,54114,26394.734.73$971,234
Apr 201410,39910,94995.944.81$1,050,335
Mar 201411,73310,83995.895.06$1,179,888
Feb 20141,9981,55897.406.19$204,252

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                  957 bbl  × $106.41 =   $101,834
Casinghead gas     3,078 Mcf  × $  3.05 =     $9,375

────────────────────────────────────────────────────
Month total                                 $111,209

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/45968 is the state's own key, not one this site invented.