SLATER 12B

Operated by OVINTIV USA INC. (P-5 628658) 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 48518District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$29.3 M
Oct 2016 – May 2026
Value, last 12 filed months
$673 k
at the published price for each month
Months reported
116
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
OilDisposition470,089 bbl$26,456,184
Casinghead gasProduction814,830 Mcf$2,831,845
Total$29,288,029

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 32.3053, -101.5704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30527, -101.57042 · 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
7,838 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 7,838 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-227387593H7,838 ftDec 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 (116)

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

116 months

May 20266860106.413.05$72,997
Apr 2026776098.932.87$76,770
Mar 20261,089089.753.15$97,738
Feb 2026818063.503.75$51,943
Jan 2026818059.138.00$48,368
Dec 2025909056.664.41$51,504
Nov 2025819058.593.93$47,985
Oct 2025507059.383.30$30,106
Sep 2025793062.743.08$49,753
Aug 2025790063.933.01$50,505
Jul 2025776066.743.32$51,790
Jun 2025653066.483.13$43,411
May 2025506060.553.23$30,638
Apr 20251,1251,42262.363.54$75,193
Mar 202542735767.704.27$30,432
Feb 202526036570.884.34$20,013
Jan 20257851,12074.324.28$63,133
Dec 202460954868.993.12$43,725
Nov 20244224469.052.20$29,236
Oct 202417071.372.28$1,213
Sep 202451069.612.36$3,550
Aug 202428175.632.06$2,120
Jul 202433079.932.15$2,638
Jun 20240078.082.63$0
May 20241,4746,65778.812.20$130,801
Apr 20241,4697,27984.451.66$136,134
Mar 20241,7127,58280.301.55$149,189
Feb 20241,4456,29976.091.78$121,185
Jan 20241,8918,14973.023.30$164,953
Dec 20231,80310,05271.262.61$154,725
Nov 20232,0417,72177.892.81$180,651
Oct 20232,1118,01485.443.09$205,105
Sep 20232,3298,69889.042.74$231,164
Aug 20232,2248,12680.522.67$200,796
Jul 20231,1593,82374.852.64$96,851
Jun 202344068.962.26$3,034
May 20239704,47970.622.23$78,478
Apr 20231,9288,90478.122.24$170,540
Mar 20231,8369,86172.852.39$157,352
Feb 20231,7258,70875.112.47$151,036
Jan 20232,1499,77976.533.39$197,591
Dec 20222,47810,32576.415.73$248,497
Nov 20222,57310,18785.005.65$276,223
Oct 20222,4738,46587.185.86$265,233
Sep 20222,4748,90084.888.16$282,650
Aug 20222,2947,99294.529.13$289,773
Jul 20221,9327,826101.587.54$255,277
Jun 20222,2888,771115.097.98$333,294
May 20222,6259,302109.378.43$365,540
Apr 20222,5627,750104.226.84$320,003
Mar 20221,9166,378108.885.08$240,991
Feb 20222,4328,41991.054.86$262,340
Jan 20222,86510,09581.844.54$280,279
Dec 20212,7579,79471.323.90$234,817
Nov 20212,5559,11077.435.24$245,541
Oct 20213,29510,73879.795.71$324,264
Sep 20213,31510,54469.865.35$288,006
Aug 20212,9846,56366.024.22$224,703
Jul 20212,4587,37670.783.98$203,349
Jun 20211,6994,56369.493.38$133,489
May 20211,3531,76863.483.02$91,224
Apr 20213,67012,58660.362.76$256,239
Mar 20213,3789,53261.302.72$232,969
Feb 20212,2785,39157.805.55$161,577
Jan 20213,1048,07150.412.81$179,154
Dec 20203,1217,76044.642.68$160,083
Nov 20202,6235,12338.772.71$115,559
Oct 20201,5292,71836.972.48$63,264
Sep 20202,4447,51837.091.99$105,617
Aug 20202,9719,08339.982.39$140,444
Jul 20203,5658,35838.371.83$152,043
Jun 20203,2376,00334.901.69$123,118
May 20203,5387,61016.921.81$73,673
Apr 20203,4726,90414.751.80$63,669
Mar 20203,7587,13430.341.86$127,260
Feb 20203,8266,81849.881.98$204,345
Jan 20204,2947,37357.252.09$261,276
Dec 20194,2106,39459.012.30$263,166
Nov 20193,8935,47055.302.75$230,329
Oct 20194,6296,72753.472.42$263,782
Sep 20194,8006,85555.052.66$282,456
Aug 20195,3296,87853.112.30$298,873
Jul 20195,6325,85456.272.46$331,314
Jun 20195,6805,11152.782.49$312,523
May 20192,1231,45958.482.74$128,151
Apr 20191,8813,42962.632.75$127,239
Mar 20192,6893,58456.803.06$163,710
Feb 20194,2538,15350.852.79$239,030
Jan 20195,0209,11046.033.23$260,479
Dec 20184,5957,80146.594.19$246,732
Nov 20184,4777,65152.934.24$269,387
Oct 20185,2329,47761.443.40$353,658
Sep 20185,2289,43359.543.11$340,593
Aug 20185,4859,85259.403.07$356,021
Jul 20183,8066,30865.142.93$266,417
Jun 20185,63610,98160.183.08$372,962
May 20186,30512,79865.382.90$449,345
Apr 20186,55612,57263.842.90$455,004
Mar 20187,32413,08861.222.79$484,849
Feb 20187,19312,36761.782.77$478,592
Jan 20188,76713,72662.874.01$606,213
Dec 20176,0717,73957.272.92$370,296
Nov 20178,68313,54155.423.12$523,438
Oct 201710,05015,77149.292.98$542,420
Sep 201710,55915,46647.523.09$549,512
Aug 201711,41715,43945.373.00$564,374
Jul 201712,82015,85843.873.09$611,371
Jun 201713,71016,43442.493.09$633,274
May 201716,94918,76245.373.26$830,204
Apr 201720,35920,62947.933.21$1,042,059
Mar 201723,67522,57346.772.98$1,174,630
Feb 201727,09518,81650.452.95$1,422,499
Jan 201732,58619,57049.413.42$1,676,980
Dec 201613,2298,31848.763.72$676,013
Nov 20160042.492.64$0
Oct 20160046.193.09$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                  686 bbl  × $106.41 =    $72,997
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $72,997

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/48518 is the state's own key, not one this site invented.