PETTAWAY

Operated by EOG RESOURCES, INC. (P-5 253162) 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 48921District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$810 k
Mar 2014 – Oct 2023
Value, last 12 filed months
$13 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
OilDisposition13,119 bbl$796,043
Casinghead gasProduction3,127 Mcf$13,780
Total$809,823

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

Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023182068.962.26$12,551
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020336038.772.71$13,027
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020185038.371.83$7,098
Jun 2020182034.901.69$6,352
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020184030.341.86$5,583
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019191059.012.30$11,271
Nov 2019185055.302.75$10,231
Oct 20190053.472.42$0
Sep 2019172055.052.66$9,469
Aug 20190053.112.30$0
Jul 2019192056.272.46$10,804
Jun 2019371052.782.49$19,581
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019163050.852.79$8,289
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018156059.543.11$9,288
Aug 2018181059.403.07$10,751
Jul 20180065.142.93$0
Jun 2018350060.183.08$21,063
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018153061.782.77$9,452
Jan 20180062.874.01$0
Dec 2017161057.272.92$9,220
Nov 2017174055.423.12$9,643
Oct 20170049.292.98$0
Sep 2017180047.523.09$8,554
Aug 2017158045.373.00$7,168
Jul 20170043.873.09$0
Jun 2017146042.493.09$6,204
May 2017151045.373.26$6,851
Apr 2017171047.933.21$8,196
Mar 2017155046.772.98$7,249
Feb 2017175050.452.95$8,829
Jan 20170049.413.42$0
Dec 2016314048.763.72$15,311
Nov 2016169042.492.64$7,181
Oct 2016490046.193.09$22,633
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016182042.521.99$7,739
Apr 20160036.561.99$0
Mar 2016174033.011.79$5,744
Feb 2016182026.472.06$4,818
Jan 2016183027.352.36$5,005
Dec 2015173032.362.00$5,598
Nov 2015160038.792.17$6,206
Oct 2015341043.552.43$14,851
Sep 2015171042.992.76$7,351
Aug 2015160040.162.87$6,426
Jul 2015134048.152.95$6,452
Jun 2015178056.152.88$9,995
May 2015337055.212.96$18,606
Apr 2015179049.822.71$8,918
Mar 2015356042.892.93$15,269
Feb 2015172044.662.98$7,682
Jan 2015181043.433.10$7,861
Dec 2014354054.693.59$19,360
Nov 2014175070.464.25$12,331
Oct 20143511878.303.90$27,554
Sep 201435617986.164.05$31,397
Aug 201434847789.394.04$33,032
Jul 20147111,00296.564.18$72,842
Jun 20147151,24798.164.74$76,091
May 201488218694.734.73$84,431
Apr 20143371895.944.81$32,418
Mar 20140095.895.06$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.

Jun 2023 — as filed, then multipliedworked
Oil                  182 bbl  × $ 68.96 =    $12,551
Casinghead gas         0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                  $12,551

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/48921 is the state's own key, not one this site invented.