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POWELL

Operated by PALADIN PETROLEUM III, L.L.C. (P-5 635107) 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 47285District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.1 M
Jun 2015 – May 2026
Value, last 12 filed months
$200 k
at the published price for each month
Months reported
132
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
OilDisposition47,495 bbl$2,695,145
Casinghead gasProduction455,156 Mcf$1,397,254
Total$4,092,399

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 32.2477, -101.2631. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24774, -101.26309 · 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
9,050 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 9,050 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-227385161R9,050 ftJun 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 (132)

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

132 months

May 20261680106.413.05$17,877
Apr 2026168098.932.87$16,620
Mar 2026349089.753.15$31,323
Feb 2026183063.503.75$11,621
Jan 2026179059.138.00$10,584
Dec 2025246056.664.41$13,938
Nov 2025363058.593.93$21,268
Oct 2025188059.383.30$11,163
Sep 2025231062.743.08$14,493
Aug 2025368063.933.01$23,526
Jul 2025210066.743.32$14,015
Jun 2025211066.483.13$14,027
May 2025410060.553.23$24,826
Apr 2025257062.363.54$16,027
Mar 2025302067.704.27$20,445
Feb 2025481070.884.34$34,093
Jan 2025470074.324.28$34,930
Dec 2024184068.993.12$12,694
Nov 202421069.052.20$1,450
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024192079.932.15$15,347
Jun 2024170078.082.63$13,274
May 202437020878.812.20$29,617
Apr 202418728684.451.66$16,267
Mar 20241922880.301.55$15,461
Feb 202418422976.091.78$14,409
Jan 20242136573.023.30$2,737
Dec 2023372071.262.61$26,509
Nov 2023185077.892.81$14,410
Oct 2023372085.443.09$31,784
Sep 202318928389.042.74$17,603
Aug 20233755980.522.67$30,353
Jul 2023369074.852.64$27,620
Jun 2023365068.962.26$25,170
May 2023361070.622.23$25,494
Apr 202317331778.122.24$14,224
Mar 20233492,75372.852.39$32,013
Feb 20233782,38175.112.47$34,262
Jan 20233802,60876.533.39$37,917
Dec 20221912,40676.415.73$28,378
Nov 20223703,39985.005.65$50,641
Oct 20223852,65787.185.86$49,144
Sep 20221852,83884.888.16$38,871
Aug 20223652,64194.529.13$58,605
Jul 20221922,434101.587.54$37,861
Jun 20221832,229115.097.98$38,843
May 20223532,454109.378.43$59,302
Apr 20222082,466104.226.84$38,539
Mar 20221862,630108.885.08$33,603
Feb 20223832,37291.054.86$46,397
Jan 20222152,84181.844.54$30,487
Dec 20211983,32471.323.90$27,082
Nov 20213783,41477.435.24$47,147
Oct 20213743,70079.795.71$50,983
Sep 2021396069.865.35$27,665
Aug 20214734,16566.024.22$48,806
Jul 20214353,89370.783.98$46,292
Jun 20213813,79669.493.38$39,309
May 20214341,69163.483.02$32,653
Apr 20211813,29260.362.76$20,006
Mar 20213754,11661.302.72$34,170
Feb 20213673,70357.805.55$41,757
Jan 20214495,60950.412.81$38,397
Dec 20203713,66644.642.68$26,370
Nov 20207403,66638.772.71$38,612
Oct 20203141,65636.972.48$15,713
Sep 2020086437.091.99$1,720
Aug 2020186439.982.39$2,101
Jul 20201771,43638.371.83$9,412
Jun 20203462,68734.901.69$16,617
May 202002,47516.921.81$4,492
Apr 20201592,69414.751.80$7,206
Mar 20203303,38730.341.86$16,299
Feb 20201763,49449.881.98$15,699
Jan 20203243,17057.252.09$25,189
Dec 20193453,54359.012.30$28,523
Nov 20193474,00955.302.75$30,217
Oct 20193503,94453.472.42$28,253
Sep 20191703,25355.052.66$18,003
Aug 20193484,23953.112.30$28,250
Jul 20193433,54456.272.46$28,019
Jun 20191804,92452.782.49$21,767
May 20195025,52458.482.74$44,494
Apr 201918063762.632.75$13,026
Mar 20193565,10756.803.06$35,859
Feb 20193534,53750.852.79$30,618
Jan 20195621,47546.033.23$30,630
Dec 20181974,92446.594.19$29,787
Nov 20183703,31652.934.24$33,635
Oct 20183461,41761.443.40$26,073
Sep 20181742,01759.543.11$16,629
Aug 20183704,92559.403.07$37,081
Jul 20183634,72465.142.93$37,496
Jun 20185004,44160.183.08$43,755
May 20183594,83565.382.90$37,497
Apr 20185085,16863.842.90$47,422
Mar 20183405,13561.222.79$35,125
Feb 20183595,20461.782.77$36,574
Jan 20184985,27262.874.01$52,446
Dec 20173356,93657.272.92$39,449
Nov 20173445,78555.423.12$37,104
Oct 20175016,90949.292.98$45,309
Sep 20175027,81147.523.09$47,970
Aug 20173307,15745.373.00$36,475
Jul 20174896,81643.873.09$42,495
Jun 20175185,76242.493.09$39,799
May 20175138,53145.373.26$51,115
Apr 20175158,40847.933.21$51,687
Mar 20175057,90846.772.98$47,214
Feb 20173455,47750.452.95$33,577
Jan 20175087,47149.413.42$50,642
Dec 20165047,32648.763.72$51,848
Nov 20165047,67242.492.64$41,702
Oct 20165056,76346.193.09$44,225
Sep 20165158,22941.553.10$46,913
Aug 20165079,51641.442.92$48,838
Jul 201667210,20841.622.92$57,820
Jun 201649810,63445.352.69$51,145
May 201668611,55342.521.99$52,171
Apr 201668512,98236.561.99$50,891
Mar 201667914,67133.011.79$48,734
Feb 20161,16713,83126.472.06$59,433
Jan 20161,18415,81127.352.36$69,765
Dec 20151,20014,97932.362.00$68,811
Nov 20151,02213,52738.792.17$68,961
Oct 20152,2304,72343.552.43$108,577
Sep 2015344042.992.76$14,789
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$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.

May 2026 — as filed, then multipliedworked
Oil                  168 bbl  × $106.41 =    $17,877
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,877

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/47285 is the state's own key, not one this site invented.