SOFTVEST 1

Operated by OWL OPS LLC (P-5 100332) 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 47208District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.3 M
Sep 2015 – May 2026
Value, last 12 filed months
$184 k
at the published price for each month
Months reported
129
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
OilDisposition64,760 bbl$3,379,260
Casinghead gasProduction289,112 Mcf$877,899
Total$4,257,159

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 32.2121, -101.5851. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.21210, -101.58510 · 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
10,211 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 10,204 and 10,217 ft, median 10,211 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2015 – Mar 2016
2 of 2 wells

2 wells

42-22738690210,217 ftMar 2016
42-22738563110,204 ftSep 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 (129)

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

129 months

May 202600106.413.05$0
Apr 2026378098.932.87$37,396
Mar 20261831,02489.753.15$19,649
Feb 20261841,07563.503.75$15,716
Jan 202618693659.138.00$18,484
Dec 20251831,08556.664.41$15,157
Nov 202501,07658.593.93$4,225
Oct 20251831,09459.383.30$14,482
Sep 20253561,13162.743.08$25,815
Aug 20251751,12463.933.01$14,576
Jul 202501,15166.743.32$3,816
Jun 202518283166.483.13$14,699
May 20251831,01260.553.23$14,352
Apr 20251711,05762.363.54$14,409
Mar 20253431,11567.704.27$27,980
Feb 202501,05770.884.34$4,588
Jan 20251831,07874.324.28$18,213
Dec 20243571,16568.993.12$28,266
Nov 20241841,22869.052.20$15,405
Oct 20241601,29771.372.28$14,378
Sep 20241791,29169.612.36$15,513
Aug 20241811,13275.632.06$16,025
Jul 202401,30479.932.15$2,799
Jun 20243491,31078.082.63$30,700
May 202401,34878.812.20$2,964
Apr 20243581,28484.451.66$32,364
Mar 202401,27680.301.55$1,972
Feb 20243701,24176.091.78$30,367
Jan 20241871,29473.023.30$17,922
Dec 2023311,36471.262.61$5,770
Nov 20234021,33177.892.81$35,049
Oct 20233391,42785.443.09$33,370
Sep 202301,42289.042.74$3,889
Aug 20231811,12680.522.67$17,584
Jul 202318168874.852.64$15,365
Jun 202335662168.962.26$25,952
May 202319778870.622.23$15,667
Apr 202319669178.122.24$16,858
Mar 202301,08372.852.39$2,592
Feb 20233791,10875.112.47$31,199
Jan 202301,30576.533.39$4,421
Dec 202201,43076.415.73$8,193
Nov 20223611,44485.005.65$38,838
Oct 20223401,21887.185.86$36,783
Sep 2022092184.888.16$7,519
Aug 20222981,47094.529.13$41,584
Jul 20223231,535101.587.54$44,387
Jun 20223681,484115.097.98$54,191
May 20223381,203109.378.43$47,112
Apr 202201,580104.226.84$10,803
Mar 20223391,603108.885.08$45,048
Feb 202201,41891.054.86$6,890
Jan 20227371,55781.844.54$67,381
Dec 202101,62171.323.90$6,320
Nov 20211941,58677.435.24$23,327
Oct 202101,59079.795.71$9,085
Sep 20214011,56269.865.35$36,372
Aug 202101,50166.024.22$6,335
Jul 20213691,27470.783.98$31,191
Jun 20213631,59069.493.38$30,600
May 20213521,63163.483.02$27,267
Apr 202101,53060.362.76$4,220
Mar 20213621,70161.302.72$26,812
Feb 20213771,58557.805.55$30,584
Jan 20213781,78050.412.81$24,057
Dec 202001,79944.642.68$4,813
Nov 20207411,74838.772.71$33,460
Oct 20208091,84936.972.48$34,491
Sep 20203861,80137.091.99$17,903
Aug 20207784439.982.39$5,091
Jul 20204462,54338.371.83$21,754
Jun 20203673,67034.901.69$19,012
May 20203462,03616.921.81$9,549
Apr 20205021,93214.751.80$10,891
Mar 20203801,97130.341.86$15,188
Feb 20209161,82449.881.98$49,303
Jan 2020721,93157.252.09$8,167
Dec 20196991,97459.012.30$45,797
Nov 201911,93255.302.75$5,370
Oct 20197171,21453.472.42$41,274
Sep 2019172,04355.052.66$6,365
Aug 20193462,12453.112.30$23,271
Jul 20193641,52156.272.46$24,224
Jun 20193562,29252.782.49$24,500
May 20193422,41658.482.74$26,621
Apr 20196992,17862.632.75$49,769
Mar 20191722,29256.803.06$16,788
Feb 20197172,08550.852.79$42,281
Jan 201953645246.033.23$26,131
Dec 201872324046.594.19$34,689
Nov 2018703052.934.24$37,210
Oct 201834423061.443.40$21,917
Sep 20183481,72859.543.11$26,091
Aug 20183401,22159.403.07$23,940
Jul 20186503,09665.142.93$51,418
Jun 20186972,67660.183.08$50,179
May 20186773,33965.382.90$53,948
Apr 20187223,30663.842.90$55,683
Mar 20186853,37361.222.79$51,336
Feb 20188752,96261.782.77$62,251
Jan 20185193,17062.874.01$45,339
Dec 20171,0483,24257.272.92$69,491
Nov 20171,0383,29355.423.12$67,795
Oct 20171,5383,63649.292.98$86,657
Sep 20171,0383,11247.523.09$58,933
Aug 20171,2072,45745.373.00$62,143
Jul 20171,3672,03843.873.09$66,262
Jun 20173421,09642.493.09$17,915
May 20178452,89545.373.26$47,785
Apr 20176774,18747.933.21$45,896
Mar 20171,0294,91146.772.98$62,779
Feb 20173904,55350.452.95$33,119
Jan 20171,2165,19949.413.42$77,857
Dec 20161,2015,40748.763.72$78,690
Nov 20161,0405,78542.492.64$59,487
Oct 20161,0786,28846.193.09$69,224
Sep 20161,1186,71441.553.10$67,271
Aug 20161,8007,70841.442.92$97,133
Jul 20161,5658,65941.622.92$90,457
Jun 20161,70711,70345.352.69$108,845
May 20163,09414,47142.521.99$160,369
Apr 20162,7546,39336.561.99$113,415
Mar 20161,0323,50433.011.79$40,353
Feb 20166852,56326.472.06$23,421
Jan 20161,0393,34227.352.36$36,318
Dec 20151,0193,96732.362.00$40,914
Nov 20152,1047,26138.792.17$97,351
Oct 20151,1213,13243.552.43$56,420
Sep 20150042.992.76$0

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                  378 bbl  × $ 98.93 =    $37,396
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $37,396

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/47208 is the state's own key, not one this site invented.