CLICK 26

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 48186District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$25.4 M
Jul 2016 – May 2026
Value, last 12 filed months
$535 k
at the published price for each month
Months reported
119
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
OilDisposition331,447 bbl$19,213,186
Casinghead gasProduction1,933,931 Mcf$6,152,396
Total$25,365,582

Wells on this lease (8)

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 32.1953, -101.3906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.19539, -101.39060 · 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
12.5%
1 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
9,745 ft
8 wells filed one
Completion to plug
7.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
112.5%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
NeitherNo plug date, and not on the schedule.
787.5%

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, 8 of 8 wells. Median 9,745 ft, with the middle half between 9,701 and 9,810 ft; the shallowest is 9,660 ft and the deepest 9,900 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, 8 of 8 wells, Jul 2016 – Dec 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 2016 – Dec 2018
8 of 8 wells
Plug dates filed
May 2024
1 of 8 wells; 7 filed none

Last completion to plug: a median of 7.2 years across the 1 well that filed both dates, with the middle half between 7.2 years and 7.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-2273976089,750 ftDec 2018
42-2273961279,805 ftAug 2018
42-2273941869,900 ftApr 2018
42-2273928959,825 ftNov 2017
42-2273913249,710 ftAug 2017
42-2273895639,740 ftMar 2017May 2024Yes
42-2273882829,675 ftNov 2016
42-2273876719,660 ftJul 2016

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 (119)

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

119 months

May 20263581,480106.413.05$42,603
Apr 20263692,21098.932.87$42,847
Mar 20265272,64189.753.15$55,616
Feb 20267322,98863.503.75$57,688
Jan 20269202,73559.138.00$76,274
Dec 20253402,61856.664.41$30,819
Nov 20251853,19458.593.93$23,380
Oct 20255412,99559.383.30$42,023
Sep 20253501,51662.743.08$26,624
Aug 20256723,16863.933.01$52,512
Jul 20255173,00166.743.32$44,454
Jun 20255071,91766.483.13$39,703
May 20255323,19160.553.23$42,527
Apr 20257233,05962.363.54$55,925
Mar 20257012,98167.704.27$60,182
Feb 20253631,12270.884.34$30,600
Jan 20257021,51674.324.28$58,659
Dec 20243692,71468.993.12$33,929
Nov 20246852,54869.052.20$52,901
Oct 20245082,27171.372.28$41,437
Sep 20245062,36969.612.36$40,824
Aug 20246751,93575.632.06$55,043
Jul 202467686779.932.15$55,894
Jun 202402478.082.63$63
May 20241734578.812.20$13,733
Apr 20248852,50484.451.66$78,893
Mar 20246392,15980.301.55$54,648
Feb 20241,0263,81076.091.78$84,864
Jan 20248451,91473.023.30$68,014
Dec 20231,1583,19371.262.61$90,855
Nov 20231,2053,44877.892.81$103,538
Oct 20231,5583,34685.443.09$143,446
Sep 20237212,99389.042.74$72,384
Aug 20231,2343,64580.522.67$109,104
Jul 20231,0564,63774.852.64$91,292
Jun 20231,0753,12668.962.26$81,192
May 20231,2665,35970.622.23$101,342
Apr 20231,2225,92178.122.24$108,712
Mar 20238583,43572.852.39$70,726
Feb 20238612,80375.112.47$71,581
Jan 20231,3883,93076.533.39$119,537
Dec 20225103,09376.415.73$56,689
Nov 20221,4022,49085.005.65$133,229
Oct 20221,3923,20387.185.86$140,136
Sep 20228581,24484.888.16$82,983
Aug 202233947594.529.13$36,378
Jul 20221,3676,932101.587.54$191,142
Jun 20221,5394,453115.097.98$212,646
May 20222,2013,488109.378.43$270,138
Apr 20221,19512,694104.226.84$211,339
Mar 20222,62511,646108.885.08$344,930
Feb 20222,82136,50391.054.86$434,214
Jan 20221,37351,24681.844.54$344,904
Dec 20211,93830,97971.323.90$259,009
Nov 20212,27930,22277.435.24$334,731
Oct 20212,60218,28879.795.71$312,109
Sep 20211,92111,12569.865.35$193,730
Aug 20212,30012,52766.024.22$204,717
Jul 20212,39110,12770.783.98$209,562
Jun 20212,77012,73369.493.38$235,533
May 20212,88816,87063.483.02$234,238
Apr 20212,20217,13260.362.76$180,170
Mar 20212,75220,78461.302.72$225,166
Feb 20211,06721,25157.805.55$179,572
Jan 20211,40827,85650.412.81$149,260
Dec 20202,23931,11944.642.68$183,207
Nov 20202,38622,14038.772.71$152,429
Oct 20202,32925,47836.972.48$149,249
Sep 20202,39120,05637.091.99$128,614
Aug 20203,06422,19039.982.39$175,424
Jul 20202,57524,89438.371.83$144,237
Jun 20204,42527,60234.901.69$201,088
May 202009,99216.921.81$18,133
Apr 20202,95020,94414.751.80$81,303
Mar 20203,62029,44030.341.86$164,478
Feb 20203,44228,52049.881.98$228,176
Jan 20202,95926,58057.252.09$225,081
Dec 20193,91329,49759.012.30$298,878
Nov 20193,94630,13155.302.75$301,095
Oct 20193,95228,13153.472.42$279,349
Sep 20193,37625,09955.052.66$252,544
Aug 20194,20032,57353.112.30$298,122
Jul 20194,17731,70556.272.46$313,036
Jun 20194,75031,89652.782.49$330,164
May 20195,30133,45358.482.74$401,674
Apr 20195,83431,06262.632.75$450,826
Mar 20197,09531,16656.803.06$498,429
Feb 20197,98635,06350.852.79$503,992
Jan 20198,20234,74446.033.23$489,698
Dec 20187,48137,04146.594.19$503,573
Nov 20187,70734,72452.934.24$555,065
Oct 201811,02740,14961.443.40$813,928
Sep 20187,18535,02059.543.11$536,637
Aug 20186,05534,77559.403.07$466,307
Jul 20187,38537,78065.142.93$591,825
Jun 20189,22538,00960.183.08$672,111
May 20187,45833,34365.382.90$584,325
Apr 20184,81425,66063.842.90$381,760
Mar 20186,33228,49161.222.79$467,045
Feb 20187,02628,47161.782.77$512,820
Jan 20189,06926,61662.874.01$676,880
Dec 20174,33923,03857.272.92$315,801
Nov 20175,52727,41955.423.12$391,809
Oct 20176,72229,75249.292.98$420,098
Sep 20176,06725,96347.523.09$368,459
Aug 20173,12222,97345.373.00$210,665
Jul 20174,18028,03943.873.09$269,941
Jun 20173,11417,41942.493.09$186,091
May 20176,14828,91245.373.26$373,286
Apr 20172,66922,89147.933.21$201,442
Mar 20174,29229,53146.772.98$288,848
Feb 20172,36314,60550.452.95$162,336
Jan 20175,32726,90349.413.42$355,183
Dec 20164,42224,72048.763.72$307,645
Nov 20161,86915,23342.492.64$119,695
Oct 20162,55617,31046.193.09$171,554
Sep 20163,29018,06441.553.10$192,709
Aug 20165,22218,91641.442.92$271,717
Jul 2016574041.622.92$23,890

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                  358 bbl  × $106.41 =    $38,095
Casinghead gas     1,480 Mcf  × $  3.05 =     $4,508

────────────────────────────────────────────────────
Month total                                  $42,603

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/48186 is the state's own key, not one this site invented.