BILLINGTON "23"

Operated by BLACK ARROW OPERATING, LLC (P-5 72503) 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 46404District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$5.9 M
Mar 2015 – May 2026
Value, last 12 filed months
$387 k
at the published price for each month
Months reported
135
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
OilDisposition94,481 bbl$5,624,066
Casinghead gasProduction97,287 Mcf$272,527
Total$5,896,593

Wells on this lease (1)

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 32.1234, -101.7982. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12341, -101.79820 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,825 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 10,825 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-31740011210,825 ftMar 2015

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 (135)

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

135 months

May 20263430106.413.05$36,499
Apr 2026554098.932.87$54,807
Mar 2026551089.753.15$49,452
Feb 2026369063.503.75$23,432
Jan 2026365059.138.00$21,582
Dec 2025544056.664.41$30,823
Nov 2025361058.593.93$21,151
Oct 2025543059.383.30$32,243
Sep 2025358062.743.08$22,461
Aug 2025551063.933.01$35,225
Jul 2025356066.743.32$23,759
Jun 2025541066.483.13$35,966
May 2025535060.553.23$32,394
Apr 2025536062.363.54$33,425
Mar 2025379067.704.27$25,658
Feb 2025377070.884.34$26,722
Jan 2025578074.324.28$42,957
Dec 2024561068.993.12$38,703
Nov 2024556069.052.20$38,392
Oct 2024371071.372.28$26,478
Sep 2024551069.612.36$38,355
Aug 2024545075.632.06$41,218
Jul 2024549079.932.15$43,882
Jun 2024558078.082.63$43,569
May 2024555078.812.20$43,740
Apr 2024567084.451.66$47,883
Mar 2024556080.301.55$44,647
Feb 2024581076.091.78$44,208
Jan 2024727073.023.30$53,086
Dec 2023550071.262.61$39,193
Nov 2023733077.892.81$57,093
Oct 2023512085.443.09$43,745
Sep 2023722089.042.74$64,287
Aug 2023703080.522.67$56,606
Jul 2023880074.852.64$65,868
Jun 2023343068.962.26$23,653
May 2023674070.622.23$47,598
Apr 2023717078.122.24$56,012
Mar 2023741072.852.39$53,982
Feb 20231,096075.112.47$82,321
Jan 2023749076.533.39$57,321
Dec 2022899076.415.73$68,693
Nov 2022538085.005.65$45,730
Oct 2022709087.185.86$61,811
Sep 2022530084.888.16$44,986
Aug 2022707094.529.13$66,826
Jul 20224860101.587.54$49,368
Jun 20227240115.097.98$83,325
May 20225420109.378.43$59,279
Apr 20225340104.226.84$55,653
Mar 20227460108.885.08$81,224
Feb 2022561091.054.86$51,079
Jan 2022735081.844.54$60,152
Dec 20218581,11271.323.90$65,528
Nov 20211,0311,19077.435.24$86,062
Oct 202157959779.795.71$49,610
Sep 20211,070069.865.35$74,750
Aug 2021876066.024.22$57,834
Jul 20210070.783.98$0
Jun 2021498069.493.38$34,606
May 2021179063.483.02$11,363
Apr 2021888060.362.76$53,600
Mar 2021702061.302.72$43,033
Feb 20216926757.805.55$40,369
Jan 20213,92526050.412.81$198,590
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202008234.901.69$139
May 20200016.921.81$0
Apr 202059950014.751.80$9,737
Mar 20206047030.341.86$18,455
Feb 202097941649.881.98$49,656
Jan 202079549457.252.09$46,549
Dec 201940867059.012.30$25,620
Nov 201940551655.302.75$23,816
Oct 201959474753.472.42$33,568
Sep 20190055.052.66$0
Aug 201960529253.112.30$32,804
Jul 201979555156.272.46$46,090
Jun 201992195952.782.49$50,999
May 20191,7541,22958.482.74$105,942
Apr 20191,16665562.632.75$74,828
Mar 201981673256.803.06$48,590
Feb 20191,2131,75050.852.79$66,567
Jan 20191,4121,24046.033.23$68,997
Dec 2018041646.594.19$1,741
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018647065.382.90$42,301
Apr 2018685063.842.90$43,730
Mar 2018690061.222.79$42,242
Feb 2018703061.782.77$43,431
Jan 2018884062.874.01$55,577
Dec 2017510057.272.92$29,208
Nov 201784158955.423.12$48,445
Oct 20176681,85849.292.98$38,469
Sep 20177641,68447.523.09$41,504
Aug 20176571,83745.373.00$35,327
Jul 20178302,02343.873.09$42,658
Jun 20176571,73142.493.09$33,260
May 20175321,18145.373.26$27,991
Apr 201769524847.933.21$34,108
Mar 20177012,18346.772.98$39,299
Feb 20176992,12950.452.95$41,551
Jan 20176962,40849.413.42$42,622
Dec 20168702,19548.763.72$50,593
Nov 20168771,78342.492.64$41,979
Oct 20166992,53546.193.09$40,121
Sep 20168642,55141.553.10$43,809
Aug 20168662,67441.442.92$43,707
Jul 20161,0212,61241.622.92$50,132
Jun 20168682,68245.352.69$46,567
May 20168782,85742.521.99$43,021
Apr 20161,0202,31736.561.99$41,904
Mar 20168482,30433.011.79$32,126
Feb 20161,1552,75726.472.06$36,262
Jan 20161,0453,20727.352.36$36,163
Dec 20151,0502,06932.362.00$38,119
Nov 20151,3873,62838.792.17$61,665
Oct 20151,1853,10743.552.43$59,146
Sep 20151,5502,46642.992.76$73,437
Aug 20151,9333,58840.162.87$87,936
Jul 20151,5603,12348.152.95$84,311
Jun 20151,8823,53156.152.88$115,854
May 20152,2014,07955.212.96$133,572
Apr 20152,3984,86049.822.71$132,622
Mar 20151,4523,94642.892.93$73,857

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                  343 bbl  × $106.41 =    $36,499
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $36,499

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/46404 is the state's own key, not one this site invented.