MIDLAND 'AV' FEE A

Operated by CHEVRON U. S. A. INC. (P-5 148113) 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 48824District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$30.5 M
Dec 2016 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
114
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
OilDisposition388,578 bbl$21,720,216
Casinghead gasProduction2,618,464 Mcf$8,753,184
Total$30,473,400

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 31.7408, -101.9620. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.74085, -101.96202 · 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
9,399 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 9,233 and 9,565 ft, median 9,399 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2016 – Dec 2021
2 of 2 wells

2 wells

42-329412321HB9,565 ftDec 2021
42-329412332HA9,233 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 (114)

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

114 months

May 20261,29433,416106.413.05$239,474
Apr 202646013,92098.932.87$85,454
Mar 202684521,71989.753.15$144,241
Feb 202627912,49963.503.75$64,592
Jan 202622312,96459.138.00$116,871
Dec 202562018,99056.664.41$118,939
Nov 202573021,51958.593.93$127,264
Oct 202577819,64559.383.30$111,121
Sep 202550719,76162.743.08$92,612
Aug 202536022,06063.933.01$89,520
Jul 202549825,59366.743.32$118,082
Jun 202564930,76666.483.13$139,404
May 202562826,63360.553.23$124,112
Apr 202586825,31062.363.54$143,805
Mar 202573023,99267.704.27$151,827
Feb 202577119,21370.884.34$138,049
Jan 20251,31335,73274.324.28$250,468
Dec 20241,03127,38868.993.12$156,617
Nov 202471835,09369.052.20$126,728
Oct 202495333,80471.372.28$145,136
Sep 202476227,70469.612.36$118,545
Aug 202482027,06075.632.06$117,858
Jul 20241,03024,89079.932.15$135,757
Jun 20241,04324,44978.082.63$145,836
May 20241,06423,92978.812.20$136,460
Apr 20241,14223,64084.451.66$135,665
Mar 20241,51526,24580.301.55$162,206
Feb 20241,32321,75376.091.78$139,467
Jan 202460413,57973.023.30$88,883
Dec 202364912,49171.262.61$78,858
Nov 20231,23318,63877.892.81$148,366
Oct 20231,47621,13385.443.09$191,353
Sep 20231,63329,92189.042.74$227,237
Aug 20231,11324,59980.522.67$155,369
Jul 202351611,64774.852.64$69,392
Jun 20238557,75368.962.26$76,471
May 20237347,36470.622.23$68,238
Apr 20236766,76478.122.24$67,945
Mar 20237786,22672.852.39$71,577
Feb 20238203,99475.112.47$71,438
Jan 20233805,87876.533.39$48,994
Dec 20224518,84476.415.73$85,129
Nov 20222706,56985.005.65$60,040
Oct 202282616,98187.185.86$171,583
Sep 20229097,83884.888.16$141,143
Aug 202291817,68994.529.13$248,220
Jul 20221,18328,559101.587.54$335,563
Jun 20221,46337,582115.097.98$468,176
May 20221,69529,143109.378.43$431,146
Apr 20221,33523,444104.226.84$299,434
Mar 20221,89925,075108.885.08$334,054
Feb 20222,06228,49291.054.86$326,183
Jan 20222,30128,94281.844.54$319,643
Dec 20211,90724,35071.323.90$230,951
Nov 20211,42015,08677.435.24$188,954
Oct 20212,08829,21279.795.71$333,515
Sep 20212,47828,91769.865.35$327,846
Aug 20212,60121,29466.024.22$261,591
Jul 20211,64115,74570.783.98$178,848
Jun 20211,55717,64769.493.38$167,854
May 20216868,14263.483.02$68,117
Apr 20211,43318,98260.362.76$138,856
Mar 20212,18622,87561.302.72$196,152
Feb 20212,29423,06757.805.55$260,568
Jan 20212,37427,37550.412.81$196,604
Dec 20201,94722,97244.642.68$148,375
Nov 20201,07618,57838.772.71$91,999
Oct 20202,13212,63636.972.48$110,137
Sep 20202,52674,11037.091.99$241,245
Aug 20202,56982,38839.982.39$299,212
Jul 20203,61437,93338.371.83$207,901
Jun 20203,41726,41834.901.69$163,908
May 20202,72422,95316.921.81$87,744
Apr 20203,11137,08614.751.80$112,804
Mar 20203,45823,55030.341.86$148,630
Feb 20202,72822,61149.881.98$180,858
Jan 20205,62918,94857.252.09$361,951
Dec 20196,13720,77559.012.30$410,017
Nov 20192,36113,24155.302.75$166,985
Oct 20193,56514,97953.472.42$226,848
Sep 20194,2342055.052.66$233,135
Aug 20194,43621,07753.112.30$284,165
Jul 20195,76935,90956.272.46$412,960
Jun 20195,87325,74852.782.49$374,120
May 20193,1317,27658.482.74$203,039
Apr 20194,47445,68162.632.75$405,861
Mar 20195,69252,72056.803.06$484,740
Feb 20196,10333,46950.852.79$403,790
Jan 20195,23813,03646.033.23$283,188
Dec 20183,17412,46546.594.19$200,048
Nov 20184,55433,56452.934.24$383,262
Oct 20186,98042,65861.443.40$573,807
Sep 20186,07417,36159.543.11$415,604
Aug 20185,49614,72259.403.07$371,608
Jul 20184,23117,43065.142.93$326,710
Jun 20187,48133,10460.183.08$552,065
May 20188,78524,89665.382.90$646,582
Apr 20183,0676,28463.842.90$214,026
Mar 20183,64715,85361.222.79$267,449
Feb 20188,97638,56961.782.77$661,224
Jan 201813,38339,46762.874.01$999,625
Dec 201712,27635,64457.272.92$807,181
Nov 201713,84130,62355.423.12$862,562
Oct 201719,53650,91649.292.98$1,114,846
Sep 201723,95452,08647.523.09$1,299,098
Aug 201724,79536,66045.373.00$1,235,090
Jul 201722,92629,38943.873.09$1,096,496
Jun 201716,43322,73942.493.09$768,440
May 201714,62718,39645.373.26$723,661
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$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                1,294 bbl  × $106.41 =   $137,695
Casinghead gas    33,416 Mcf  × $  3.05 =   $101,780

────────────────────────────────────────────────────
Month total                                 $239,474

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/48824 is the state's own key, not one this site invented.