MineralRecord
Log inSign up

MORGAN RANCH

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 46462District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$74.8 M
May 2015 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
133
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
OilDisposition1,003,963 bbl$54,944,258
Casinghead gasProduction6,488,132 Mcf$19,898,999
Total$74,843,257

Wells on this lease (11)

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 32.1713, -101.3754. A lease has no coordinate of its own — that point is the mean of its wells, and they span 4.0 miles.

32.17077, -101.37129 · 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 11 wells
With a plug date
0.0%
0 of 11 wells
Median depth
9,730 ft
11 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.
11100.0%

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

Total depth in feet, 11 of 11 wells. Median 9,730 ft, with the middle half between 9,673 and 9,771 ft; the shallowest is 9,527 ft and the deepest 9,880 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 11 wells, May 2015 – Jan 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2015 – Jan 2020
11 of 11 wells

11 wells

42-2273862338029,725 ftJan 2020——
42-2274007348019,795 ftJun 2019——
42-2273971643029,527 ftJan 2019——
42-2273971543019,590 ftJan 2019——
42-2273937138039,740 ftFeb 2018——
42-2273920134029,880 ftNov 2017——
42-2273883036029,625 ftNov 2016——
42-2273871535029,730 ftApr 2016——
42-2273848838019,720 ftMay 2015——
42-2273766034019,840 ftMay 2015——
42-2273803036019,746 ftMay 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 (133)

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

133 months

May 20263,36714,030106.413.05$401,016
Apr 20262,08510,11098.932.87$235,282
Mar 20262,7257,76489.753.15$269,021
Feb 20261,9485,80663.503.75$145,472
Jan 20262,2335,31759.138.00$174,562
Dec 202570710,08756.664.41$84,576
Nov 202573612,12658.593.93$90,734
Oct 20251,29712,75559.383.30$119,169
Sep 20251,49111,87262.743.08$130,075
Aug 20252,09916,14063.933.01$182,847
Jul 20251,93716,29366.743.32$183,290
Jun 20252,37214,02366.483.13$201,565
May 20252,88523,02860.553.23$249,121
Apr 20253,33720,35962.363.54$280,230
Mar 20253,17017,63767.704.27$289,889
Feb 20252,04411,25670.884.34$193,739
Jan 20254,06111,42574.324.28$350,697
Dec 20242,77314,98568.993.12$238,083
Nov 20241,78410,17969.052.20$145,563
Oct 20241,3038,41171.372.28$112,184
Sep 20241,3029,03169.612.36$111,985
Aug 20242,43714,58275.632.06$214,402
Jul 20242,95112,86179.932.15$263,481
Jun 20242,85015,24178.082.63$262,672
May 20242,76316,14678.812.20$253,248
Apr 20243,44417,52184.451.66$319,917
Mar 20244,04413,15280.301.55$345,055
Feb 20244,86031,54076.091.78$426,053
Jan 20242,37720,26073.023.30$240,379
Dec 20232,69925,69871.262.61$259,421
Nov 20232,73120,93177.892.81$271,483
Oct 20231,62517,97985.443.09$194,346
Sep 20231,60422,37189.042.74$204,006
Aug 20233,29428,68080.522.67$341,891
Jul 20232,95529,67374.852.64$299,572
Jun 20233,53927,92668.962.26$307,120
May 20231,74428,01270.622.23$185,555
Apr 20233,15833,12478.122.24$320,827
Mar 20234,11437,65372.852.39$389,815
Feb 20234,61329,16375.112.47$418,389
Jan 20234,43429,75276.533.39$440,125
Dec 20224,25527,48376.415.73$482,577
Nov 20223,65327,85585.005.65$467,780
Oct 20224,34132,21187.185.86$567,326
Sep 20225,94224,05784.888.16$700,751
Aug 20223,99628,42394.529.13$637,123
Jul 20223,28927,506101.587.54$541,549
Jun 20223,47221,318115.097.98$569,650
May 20223,79416,182109.378.43$551,413
Apr 20225,25440,503104.226.84$824,515
Mar 20225,57538,446108.885.08$802,173
Feb 20224,47335,70391.054.86$580,742
Jan 20223,91542,97981.844.54$515,429
Dec 20214,90445,85371.323.90$528,540
Nov 20213,64851,27277.435.24$550,968
Oct 20215,08551,73279.795.71$701,322
Sep 20215,20057,57169.865.35$671,330
Aug 20215,73560,63066.024.22$634,519
Jul 20215,43764,93170.783.98$643,391
Jun 20215,51967,49869.493.38$611,700
May 20215,65472,72463.483.02$578,373
Apr 20216,28274,94760.362.76$585,917
Mar 20215,22576,40461.302.72$527,878
Feb 20213,17850,15657.805.55$461,951
Jan 20216,59271,95950.412.81$534,527
Dec 20204,85939,56744.642.68$322,766
Nov 20206,75977,32638.772.71$471,335
Oct 20206,16585,46636.972.48$439,742
Sep 20207,08579,11237.091.99$420,298
Aug 20207,20087,93639.982.39$497,592
Jul 20206,63085,99638.371.83$411,346
Jun 20207,56472,67934.901.69$386,834
May 20202,97056,81016.921.81$153,348
Apr 20206,94977,49514.751.80$242,328
Mar 20207,89094,56330.341.86$414,913
Feb 20208,32189,51549.881.98$592,351
Jan 202010,492106,18457.252.09$823,095
Dec 20199,70889,97359.012.30$780,199
Nov 20199,90979,66355.302.75$767,097
Oct 20198,70372,32353.472.42$640,265
Sep 201910,200110,63855.052.66$855,506
Aug 201911,723124,42053.112.30$909,317
Jul 201915,662125,98156.272.46$1,191,222
Jun 2019102,373102,49052.782.49$5,658,570
May 201915,302130,34358.482.74$1,252,042
Apr 201917,141112,51262.632.75$1,383,028
Mar 201920,744108,31656.803.06$1,509,934
Feb 201920,14968,84650.852.79$1,216,810
Jan 201910,56865,26246.033.23$697,123
Dec 20186,40267,48746.594.19$580,732
Nov 20186,35064,46952.934.24$609,276
Oct 20187,08868,40761.443.40$667,939
Sep 20187,94671,45359.543.11$695,181
Aug 20188,98358,24959.403.07$712,214
Jul 20187,86769,28965.142.93$715,603
Jun 201810,64576,57560.183.08$876,231
May 201813,32574,45965.382.90$1,087,179
Apr 201812,00368,66963.842.90$965,467
Mar 20188,93549,80661.222.79$685,802
Feb 20187,83940,48761.782.77$596,285
Jan 20187,53241,63262.874.01$640,453
Dec 20179,64055,14657.272.92$713,193
Nov 20174,39951,20455.423.12$403,465
Oct 20174,01157,37849.292.98$368,900
Sep 20174,05059,18747.523.09$375,183
Aug 20175,14259,03945.373.00$410,669
Jul 20176,09963,76543.873.09$464,424
Jun 20175,06347,08042.493.09$360,476
May 20176,72366,04245.373.26$520,544
Apr 20176,61464,77247.933.21$525,031
Mar 20177,96967,97646.772.98$575,529
Feb 201710,15968,54450.452.95$714,905
Jan 201711,87468,05449.413.42$819,357
Dec 20169,92892,46648.763.72$828,324
Nov 20167,55472,29742.492.64$512,148
Oct 20169,55180,60146.193.09$690,239
Sep 20168,47955,84541.553.10$525,457
Aug 20169,53158,54341.442.92$566,164
Jul 201610,36594,77741.622.92$708,551
Jun 201612,15666,38145.352.69$729,563
May 201617,22170,37742.521.99$872,360
Apr 201611,66342,08236.561.99$510,186
Mar 201613,37043,85033.011.79$520,011
Feb 201612,40534,89726.472.06$400,375
Jan 201615,54940,57327.352.36$521,194
Dec 201515,37042,28232.362.00$581,997
Nov 201516,08737,95938.792.17$706,284
Oct 201518,02339,28543.552.43$880,230
Sep 201518,15540,43842.992.76$892,028
Aug 201520,29444,12140.162.87$941,744
Jul 201524,60948,88448.152.95$1,328,891
Jun 20159,61916,47056.152.88$587,588
May 2015017755.212.96$523

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                3,367 bbl  × $106.41 =   $358,282
Casinghead gas    14,030 Mcf  × $  3.05 =    $42,733

────────────────────────────────────────────────────
Month total                                 $401,016

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/46462 is the state's own key, not one this site invented.