SPANISH TRAIL 3-10 HZ UNIT

Name: SPANISH TRAIL 3-10 HZ UNIT lease production and value, Dec 2016 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COG OPERATING LLC (P-5 166150) 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 49132District 08Field 85280300OilCasinghead gasSave

Value, all time

$274.3 M

Dec 2016 – Dec 2023

Value, last 12 filed months

$5.2 M

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

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.

Stream	Basis	Volume	Value
Oil	Disposition	4,328,688 bbl	$241,923,623
Casinghead gas	Production	8,911,814 Mcf	$32,337,721
Total			$274,261,344

Wells on this lease (18)

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 31.9317, -102.1786. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.93192, -102.17729 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

18 of 18 wells

With a plug date

0.0%

0 of 18 wells

Median depth

9,555 ft

18 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

18100.0%

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.

00.0%

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

10k

12k

15k

20k+

Total depth in feet, 18 of 18 wells. Median 9,555 ft, with the middle half between 9,306 and 9,737 ft; the shallowest is 9,175 ft and the deepest 9,841 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

10s

Last completion by decade, 18 of 18 wells, Dec 2016 – May 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Dec 2016 – May 2019

18 of 18 wells

18 wells


42-32942667	3491H	9,244 ft	May 2019	—	Yes
42-32942671	3492H	9,175 ft	May 2019	—	Yes
42-32942653	3451H	9,192 ft	May 2019	—	Yes
42-32942654	3452H	9,302 ft	May 2019	—	Yes
42-32942649	3421H	9,316 ft	May 2019	—	Yes
42-32942652	3422H	9,239 ft	May 2019	—	Yes
42-32942021	3571H	9,706 ft	Sep 2018	—	Yes
42-32942022	3572H	9,560 ft	Sep 2018	—	Yes
42-32941627	3552H	9,834 ft	Feb 2018	—	Yes
42-32941648	3511H	9,841 ft	Feb 2018	—	Yes
42-32941625	3512H	9,744 ft	Feb 2018	—	Yes
42-32941626	3551H	9,545 ft	Feb 2018	—	Yes
42-32941457	3471H	9,715 ft	Aug 2017	—	Yes
42-32941459	3472H	9,544 ft	Aug 2017	—	Yes
42-32940526	3412H	9,668 ft	Jan 2017	—	Yes
42-32940935	3442H	9,820 ft	Jan 2017	—	Yes
42-32940525	3411H	9,822 ft	Dec 2016	—	Yes
42-32940939	3441H	9,549 ft	Dec 2016	—	Yes

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 (85)

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

85 months


Dec 2023	0	0	71.26	2.61	$0
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	20,676	115,784	72.85	2.39	$1,783,336
Feb 2023	18,956	102,435	75.11	2.47	$1,676,357
Jan 2023	18,183	102,440	76.53	3.39	$1,738,583
Dec 2022	18,028	95,879	76.41	5.73	$1,926,818
Nov 2022	19,024	126,362	85.00	5.65	$2,330,505
Oct 2022	22,025	163,485	87.18	5.86	$2,878,776
Sep 2022	23,942	147,647	84.88	8.16	$3,237,540
Aug 2022	25,075	150,554	94.52	9.13	$3,744,219
Jul 2022	19,823	123,968	101.58	7.54	$2,948,597
Jun 2022	28,318	126,065	115.09	7.98	$4,264,764
May 2022	14,651	76,892	109.37	8.43	$2,250,813
Apr 2022	23,168	120,668	104.22	6.84	$3,239,648
Mar 2022	26,348	138,848	108.88	5.08	$3,573,618
Feb 2022	24,596	119,829	91.05	4.86	$2,821,696
Jan 2022	29,258	136,538	81.84	4.54	$3,014,040
Dec 2021	28,946	151,248	71.32	3.90	$2,654,163
Nov 2021	30,831	147,692	77.43	5.24	$3,160,685
Oct 2021	31,091	149,876	79.79	5.71	$3,337,123
Sep 2021	31,975	156,382	69.86	5.35	$3,070,561
Aug 2021	35,632	161,608	66.02	4.22	$3,034,506
Jul 2021	34,087	151,755	70.78	3.98	$3,016,978
Jun 2021	34,257	143,187	69.49	3.38	$2,864,580
May 2021	34,281	150,059	63.48	3.02	$2,628,986
Apr 2021	35,901	150,607	60.36	2.76	$2,582,422
Mar 2021	43,612	154,268	61.30	2.72	$3,092,553
Feb 2021	30,660	101,889	57.80	5.55	$2,337,423
Jan 2021	42,684	140,369	50.41	2.81	$2,546,175
Dec 2020	41,471	129,105	44.64	2.68	$2,196,681
Nov 2020	44,220	145,206	38.77	2.71	$2,107,420
Oct 2020	48,744	157,664	36.97	2.48	$2,192,825
Sep 2020	46,793	139,583	37.09	1.99	$2,013,468
Aug 2020	48,446	144,605	39.98	2.39	$2,281,768
Jul 2020	52,081	134,813	38.37	1.83	$2,244,398
Jun 2020	56,387	140,171	34.90	1.69	$2,204,839
May 2020	51,164	127,064	16.92	1.81	$1,096,284
Apr 2020	59,281	142,497	14.75	1.80	$1,131,513
Mar 2020	63,154	135,853	30.34	1.86	$2,168,267
Feb 2020	63,986	135,403	49.88	1.98	$3,459,810
Jan 2020	68,790	141,472	57.25	2.09	$4,234,575
Dec 2019	74,090	135,818	59.01	2.30	$4,685,024
Nov 2019	77,684	129,134	55.30	2.75	$4,651,134
Oct 2019	90,571	143,107	53.47	2.42	$5,188,941
Sep 2019	96,600	139,101	55.05	2.66	$5,687,460
Aug 2019	109,616	150,832	53.11	2.30	$6,169,277
Jul 2019	132,975	173,669	56.27	2.46	$7,909,739
Jun 2019	154,724	153,295	52.78	2.49	$8,548,221
May 2019	67,066	77,452	58.48	2.74	$4,134,263
Apr 2019	25,641	28,774	62.63	2.75	$1,685,044
Mar 2019	55,905	96,121	56.80	3.06	$3,469,736
Feb 2019	61,205	96,490	50.85	2.79	$3,381,696
Jan 2019	72,813	103,079	46.03	3.23	$3,684,340
Dec 2018	82,083	104,879	46.59	4.19	$4,263,212
Nov 2018	91,339	104,167	52.93	4.24	$5,275,954
Oct 2018	115,222	119,200	61.44	3.40	$7,484,291
Sep 2018	84,640	93,438	59.54	3.11	$5,329,871
Aug 2018	61,517	96,626	59.40	3.07	$3,950,419
Jul 2018	63,922	84,148	65.14	2.93	$4,410,591
Jun 2018	74,343	112,154	60.18	3.08	$4,819,051
May 2018	86,501	119,467	65.38	2.90	$6,001,985
Apr 2018	88,891	98,135	63.84	2.90	$5,959,471
Mar 2018	126,079	140,188	61.22	2.79	$8,109,238
Feb 2018	98,686	84,118	61.78	2.77	$6,329,502
Jan 2018	42,307	48,868	62.87	4.01	$2,855,769
Dec 2017	60,733	82,659	57.27	2.92	$3,719,669
Nov 2017	67,481	79,318	55.42	3.12	$3,987,139
Oct 2017	88,362	93,612	49.29	2.98	$4,634,671
Sep 2017	100,493	98,823	47.52	3.09	$5,080,522
Aug 2017	50,980	46,718	45.37	3.00	$2,453,322
Jul 2017	40,822	56,479	43.87	3.09	$1,965,228
Jun 2017	45,402	62,918	42.49	3.09	$2,123,376
May 2017	55,240	72,855	45.37	3.26	$2,743,994
Apr 2017	66,702	82,413	47.93	3.21	$3,461,704
Mar 2017	102,544	125,111	46.77	2.98	$5,169,274
Feb 2017	106,114	117,450	50.45	2.95	$5,700,234
Jan 2017	118,699	81,428	49.41	3.42	$6,143,304
Dec 2016	151	0	48.76	3.72	$7,363

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.

Mar 2023 — as filed, then multipliedworked

Oil               20,676 bbl  × $ 72.85 = $1,506,247
Casinghead gas   115,784 Mcf  × $  2.39 =   $277,090

────────────────────────────────────────────────────
Month total                               $1,783,336

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/49132 is the state's own key, not one this site invented.