TXL 21X

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 48869District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$41.3 M
Apr 2017 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
110
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
OilDisposition615,524 bbl$35,482,726
Casinghead gasProduction1,871,945 Mcf$5,826,930
Total$41,309,656

Wells on this lease (3)

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 31.7000, -102.0068. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69998, -102.00673 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,456 ft
3 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.
3100.0%

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 9,338 and 9,653 ft, median 9,456 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2017
3 of 3 wells

3 wells

42-329413854HM9,653 ftApr 2017
42-329413875HJ9,338 ftApr 2017
42-329413886HK9,456 ftApr 2017

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 (110)

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

110 months

May 20261,09920,649106.413.05$179,838
Apr 20261,1048,44998.932.87$133,465
Mar 20261,2064,33389.753.15$121,885
Feb 20265791,57063.503.75$42,655
Jan 20261,9404,44659.138.00$150,271
Dec 20251,3431,59856.664.41$83,147
Nov 20259952,52758.593.93$68,219
Oct 20251,1662,49059.383.30$77,466
Sep 20251,27879662.743.08$82,631
Aug 20251,0611,19463.933.01$71,429
Jul 20251,1343,39766.743.32$86,945
Jun 20251,4862,25366.483.13$105,838
May 20252876760.553.23$17,594
Apr 20251,0646,42062.363.54$89,098
Mar 20252,57815,74367.704.27$241,727
Feb 20252,5267,59970.884.34$212,029
Jan 20251,9678,63974.324.28$183,151
Dec 20242,55111,68468.993.12$212,464
Nov 20242,30212,53069.052.20$186,500
Oct 20242,27912,30071.372.28$190,713
Sep 20242,58412,86169.612.36$210,280
Aug 20242,6089,40575.632.06$216,651
Jul 20242,4779,17579.932.15$217,682
Jun 20242,59910,57778.082.63$230,790
May 20242,58711,51878.812.20$229,203
Apr 20242,58213,65284.451.66$240,701
Mar 20242,87914,36480.301.55$253,378
Feb 20242,80510,83776.091.78$232,762
Jan 20243,05914,04173.023.30$269,671
Dec 20233,14016,04871.262.61$265,653
Nov 20232,91315,23277.892.81$269,658
Oct 20232,98212,26485.443.09$292,644
Sep 20233,27614,24989.042.74$330,667
Aug 20233,18411,82080.522.67$287,969
Jul 20233,1219,46174.852.64$258,601
Jun 20232,4168,97768.962.26$186,882
May 20233,22916,67470.622.23$265,172
Apr 20233,59011,81578.122.24$306,890
Mar 20234,05614,15372.852.39$329,350
Feb 20233,3999,55975.112.47$278,868
Jan 20234,2756,41576.533.39$348,898
Dec 20223,6805,06376.415.73$310,195
Nov 20223,6634,38485.005.65$336,108
Oct 20224,1625,00587.185.86$392,191
Sep 20223,6064,56484.888.16$343,336
Aug 20223,8334,08694.529.13$399,589
Jul 20222,9391,487101.587.54$309,759
Jun 20221,3061,644115.097.98$163,422
May 20224091,493109.378.43$57,323
Apr 20221,9911,077104.226.84$214,866
Mar 20223,601849108.885.08$396,387
Feb 20222,99672991.054.86$276,328
Jan 20223,33367881.844.54$275,849
Dec 20213,42366471.323.90$246,717
Nov 20213,91773077.435.24$307,116
Oct 20214,06332,96379.795.71$512,533
Sep 20214,09131,79469.865.35$455,924
Aug 20214,46430,70766.024.22$424,315
Jul 20214,62830,20270.783.98$447,837
Jun 20214,26930,32569.493.38$399,170
May 20214,07029,15763.483.02$346,350
Apr 20215,03028,14660.362.76$381,249
Mar 20217,12023,16261.302.72$499,386
Feb 20212,1569,66957.805.55$178,260
Jan 20213,80821,12850.412.81$251,337
Dec 20205,41525,95544.642.68$311,167
Nov 20204,11117,40938.772.71$206,502
Oct 20205,96122,03036.972.48$274,978
Sep 20205,89512,19637.091.99$242,928
Aug 20206,3097,42339.982.39$269,938
Jul 20206,0826,28638.371.83$244,839
Jun 20206,5685,84434.901.69$239,101
May 20205,6795,39416.921.81$105,877
Apr 20204,4399,94414.751.80$83,418
Mar 20203,26410,30830.341.86$118,164
Feb 20201,69412,00649.881.98$108,277
Jan 20201,1344,96057.252.09$75,311
Dec 20194,56314,04759.012.30$301,632
Nov 20195,73629,51355.302.75$398,382
Oct 20196,06733,63253.472.42$405,743
Sep 20195,69329,93855.052.66$392,953
Aug 20195,68920,46153.112.30$349,292
Jul 20194,93016,14056.272.46$317,116
Jun 20194,52923,54452.782.49$297,693
May 20195,52420,03758.482.74$377,951
Apr 20195,75020,96962.632.75$417,802
Mar 20195,55012,80156.803.06$354,438
Feb 20195,75620,78350.852.79$350,723
Jan 20196,91828,64746.033.23$410,913
Dec 20187,32726,91546.594.19$454,016
Nov 20187,09029,02852.934.24$498,272
Oct 20187,81832,04561.443.40$589,229
Sep 20188,04827,71159.543.11$565,304
Aug 20188,33628,61459.403.07$582,905
Jul 20188,98231,12465.142.93$676,339
Jun 20188,74331,48560.183.08$623,031
May 201810,52840,56165.382.90$805,980
Apr 201811,41445,66663.842.90$861,138
Mar 201812,40837,89161.222.79$865,214
Feb 201811,25731,65961.782.77$783,030
Jan 201812,83927,78962.874.01$918,603
Dec 201714,93044,33657.272.92$984,570
Nov 201715,74345,80055.423.12$1,015,298
Oct 201716,69143,06249.292.98$951,183
Sep 201717,77949,57547.523.09$997,910
Aug 201720,77746,34245.373.00$1,081,882
Jul 201724,15849,42143.873.09$1,212,388
Jun 201738,39558,53042.493.09$1,812,102
May 201745,52647,89145.373.26$2,221,802
Apr 20173,2154,74647.933.21$169,337

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                1,099 bbl  × $106.41 =   $116,945
Casinghead gas    20,649 Mcf  × $  3.05 =    $62,894

────────────────────────────────────────────────────
Month total                                 $179,838

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/48869 is the state's own key, not one this site invented.