MineralRecord
Log inSign up

POWELL 48

Operated by OAK ENERGY, LLC (P-5 617101) 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 48174District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.6 M
Aug 2016 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
118
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
OilDisposition21,710 bbl$1,276,594
Casinghead gasProduction94,797 Mcf$328,767
Total$1,605,360

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 32.1800, -101.2695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18004, -101.26954 · 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
9,167 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 9,167 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-2273878259,167 ftMar 2018——

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 (118)

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

118 months

May 202600106.413.05$0
Apr 20260098.932.87$0
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 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023010570.622.23$234
Apr 202318456978.122.24$15,647
Mar 202301,33672.852.39$3,197
Feb 202335163675.112.47$27,932
Jan 20231831,29876.533.39$18,402
Dec 202236928676.415.73$29,834
Nov 202218225385.005.65$16,898
Oct 20221821,74087.185.86$26,070
Sep 20223651,74084.888.16$45,186
Aug 2022090494.529.13$8,251
Jul 202201,069101.587.54$8,062
Jun 202201,072115.097.98$8,552
May 20229151,511109.378.43$112,816
Apr 20221825104.226.84$19,002
Mar 202200108.885.08$0
Feb 2022077591.054.86$3,766
Jan 20221861,24781.844.54$20,881
Dec 20215962,76471.323.90$53,284
Nov 20217233,02777.435.24$71,834
Oct 202112091079.795.71$14,774
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021183069.493.38$12,717
May 20210063.483.02$0
Apr 2021102060.362.76$6,157
Mar 2021176061.302.72$10,789
Feb 20210057.805.55$0
Jan 2021356050.412.81$17,946
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020345036.972.48$12,755
Sep 202033718937.091.99$12,876
Aug 20206822,75339.982.39$33,833
Jul 202001,25138.371.83$2,283
Jun 202016926834.901.69$6,351
May 2020027616.921.81$501
Apr 2020093414.751.80$1,685
Mar 20203482,54430.341.86$15,281
Feb 20203452,42449.881.98$22,010
Jan 20206842,23857.252.09$43,847
Dec 201934789359.012.30$22,534
Nov 201934035955.302.75$19,790
Oct 20193381,08353.472.42$20,692
Sep 201901,03855.052.66$2,758
Aug 20196771,46053.112.30$39,320
Jul 20191681,40456.272.46$12,907
Jun 20191671,33952.782.49$12,150
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20193401,03756.803.06$22,487
Feb 2019023950.852.79$667
Jan 20195191,15046.033.23$27,602
Dec 20183342,10646.594.19$24,376
Nov 20181771,98852.934.24$17,792
Oct 201801,95961.443.40$6,657
Sep 20183391,96459.543.11$26,288
Aug 20185252,80359.403.07$39,781
Jul 20183573,13165.142.93$32,435
Jun 20186853,19760.183.08$51,060
May 20186913,39065.382.90$55,011
Apr 20181,0393,87463.842.90$77,567
Mar 20183421,22661.222.79$24,354
Feb 201802761.782.77$75
Jan 201803462.874.01$136
Dec 201765957.272.92$516
Nov 20170055.423.12$0
Oct 2017172549.292.98$8,493
Sep 2017379047.523.09$2,582
Aug 20173542,69745.373.00$24,164
Jul 20175152,70043.873.09$30,929
Jun 20171712,70042.493.09$15,601
May 20176853,63545.373.26$42,941
Apr 20178614,91947.933.21$57,066
Mar 20171,0543,25546.772.98$59,007
Feb 20178714,21250.452.95$56,378
Jan 20171,368049.413.42$67,593
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$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 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 70.62 =         $0
Casinghead gas       105 Mcf  × $  2.23 =       $234

────────────────────────────────────────────────────
Month total                                     $234

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/48174 is the state's own key, not one this site invented.