HORSE SENSE

Operated by NEW HEIGHT ENERGY, LLC (P-5 100152) 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 46954District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.4 M
Aug 2015 – May 2026
Value, last 12 filed months
$98
at the published price for each month
Months reported
130
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
OilDisposition38,371 bbl$2,165,640
Casinghead gasProduction67,706 Mcf$223,237
Total$2,388,877

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 32.2226, -101.4300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22256, -101.43004 · 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
10,139 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 10,139 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-22738490110,139 ftMay 2022

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 (130)

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

130 months

May 202600106.413.05$0
Apr 202603498.932.87$98
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202401868.993.12$56
Nov 202401269.052.20$26
Oct 2024027671.372.28$630
Sep 202417182669.612.36$13,856
Aug 202433261275.632.06$26,372
Jul 2024049479.932.15$1,060
Jun 202417225878.082.63$14,109
May 202435081378.812.20$29,371
Apr 2024098984.451.66$1,641
Mar 20243541,10480.301.55$30,132
Feb 202417588376.091.78$14,891
Jan 202417976073.023.30$15,577
Dec 20233621,00471.262.61$28,417
Nov 20231791,38877.892.81$17,839
Oct 202333962985.443.09$30,906
Sep 202319582589.042.74$19,619
Aug 202333463980.522.67$28,602
Jul 20233461,48374.852.64$29,816
Jun 20231731,42668.962.26$15,151
May 20231721,15170.622.23$14,710
Apr 20236331,06778.122.24$51,838
Mar 20233261,04272.852.39$26,243
Feb 20233341,20175.112.47$28,048
Jan 202336999076.533.39$31,593
Dec 20220176.415.73$6
Nov 20223361,70985.005.65$38,209
Oct 20225151,88287.185.86$55,933
Sep 20226931,54384.888.16$71,418
Aug 202233084694.529.13$38,913
Jul 20227281,358101.587.54$84,192
Jun 20225001,181115.097.98$66,966
May 2022514533109.378.43$60,711
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
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 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019169355.302.75$9,354
Oct 201950158553.472.42$28,203
Sep 201933155355.052.66$19,691
Aug 201933636553.112.30$18,686
Jul 201906556.272.46$160
Jun 20191668452.782.49$8,971
May 201966377558.482.74$40,896
Apr 201952068962.632.75$34,463
Mar 201967074156.803.06$40,325
Feb 201917416150.852.79$9,297
Jan 201952758846.033.23$26,156
Dec 201874174346.594.19$37,633
Nov 201865353352.934.24$36,822
Oct 201848751461.443.40$31,668
Sep 2018315459.543.11$657
Aug 20180059.403.07$0
Jul 201863156665.142.93$42,763
Jun 201816547860.183.08$11,400
May 201850879965.382.90$35,531
Apr 201852251063.842.90$34,804
Mar 201872076861.222.79$46,219
Feb 201834262561.782.77$22,858
Jan 201817021462.874.01$11,546
Dec 201733246957.272.92$20,384
Nov 201753791355.423.12$32,608
Oct 201752490849.292.98$28,537
Sep 201771376847.523.09$36,253
Aug 201766092145.373.00$32,711
Jul 201769598743.873.09$33,537
Jun 20171,01171942.493.09$45,177
May 201751582245.373.26$26,048
Apr 201776562947.933.21$38,687
Mar 20171,1881,09446.772.98$58,827
Feb 20176851,28750.452.95$38,358
Jan 201789895049.413.42$47,618
Dec 20161,1051,23148.763.72$58,463
Nov 201670980142.492.64$32,244
Oct 201692783146.193.09$45,386
Sep 20165191,22641.553.10$25,366
Aug 201676883341.442.92$34,262
Jul 201683764341.622.92$36,716
Jun 201651059545.352.69$24,727
May 20161688642.521.99$7,315
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20166891,31426.472.06$20,949
Jan 20168662,51827.352.36$29,639
Dec 20151,4022,51732.362.00$50,406
Nov 20156752,24338.792.17$31,045
Oct 20151,1891,09343.552.43$54,433
Sep 20151,3741,40942.992.76$62,955
Aug 2015040940.162.87$1,175

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                    0 bbl  × $ 98.93 =         $0
Casinghead gas        34 Mcf  × $  2.87 =        $98

────────────────────────────────────────────────────
Month total                                      $98

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/46954 is the state's own key, not one this site invented.