MORGAN RANCH 38-47 UNIT

Operated by HIGHPEAK ENERGY HOLDINGS, LLC (P-5 385826) 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 49165District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$11.1 M
May 2017 – May 2026
Value, last 12 filed months
$345 k
at the published price for each month
Months reported
109
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
OilDisposition170,324 bbl$9,760,715
Casinghead gasProduction433,155 Mcf$1,373,225
Total$11,133,940

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 32.1547, -101.3728. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15470, -101.37283 · 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
6,831 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 6,831 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-227390291WB6,831 ftMar 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 (109)

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

109 months

May 202618169106.413.05$2,430
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202601963.503.75$71
Jan 202601459.138.00$112
Dec 2025017656.664.41$777
Nov 202529914,04658.593.93$72,669
Oct 202540813,72959.383.30$69,599
Sep 20254278,07562.743.08$51,636
Aug 20253877,01263.933.01$45,880
Jul 20255377,02266.743.32$59,119
Jun 20254643,79266.483.13$42,711
May 20254915,51560.553.23$47,556
Apr 20256094,45562.363.54$53,762
Mar 20256443,25067.704.27$57,471
Feb 20256403,13570.884.34$58,972
Jan 20256783,55274.324.28$65,587
Dec 20244723,77268.993.12$44,337
Nov 20245453,39669.052.20$45,098
Oct 20246493,90771.372.28$55,233
Sep 20246183,36169.612.36$50,966
Aug 20246963,99075.632.06$60,872
Jul 20246123,71779.932.15$56,896
Jun 20245342,80378.082.63$49,078
May 20246853,78878.812.20$62,313
Apr 20246433,35284.451.66$59,863
Mar 20245542,14680.301.55$47,802
Feb 20244653,74176.091.78$42,054
Jan 20245973,21473.023.30$54,192
Dec 20236653,17571.262.61$55,677
Nov 20235781,51777.892.81$49,279
Oct 202373235885.443.09$63,647
Sep 20236413,61089.042.74$66,948
Aug 20236453,02780.522.67$60,026
Jul 20233753,16374.852.64$36,425
Jun 20233132,64268.962.26$27,551
May 20235312,98570.622.23$44,148
Apr 20236584,08678.122.24$60,546
Mar 20233855,06072.852.39$40,157
Feb 20236596,90875.112.47$66,530
Jan 20239737,82276.533.39$100,962
Dec 20226023,56176.415.73$66,400
Nov 20221,3112,59285.005.65$126,070
Oct 20221,3213,50887.185.86$135,735
Sep 20228463,22384.888.16$98,120
Aug 20229382,99594.529.13$115,996
Jul 20221,3842,770101.587.54$161,478
Jun 20228601,601115.097.98$111,749
May 20221,3411,371109.378.43$158,227
Apr 20221,3903,151104.226.84$166,411
Mar 20229782,955108.885.08$121,485
Feb 20223301,37191.054.86$36,708
Jan 202203781.844.54$168
Dec 20211,2925471.323.90$92,356
Nov 20211,0182977.435.24$78,976
Oct 2021974679.795.71$77,750
Sep 20211,444069.865.35$100,878
Aug 2021365066.024.22$24,097
Jul 2021252170.783.98$1,853
Jun 202126969.493.38$1,837
May 20212003063.483.02$12,787
Apr 20211002360.362.76$6,099
Mar 202137648661.302.72$24,369
Feb 20215791,74457.805.55$43,142
Jan 20211,2462,64550.412.81$70,244
Dec 20206992,84944.642.68$38,826
Nov 20201,3422,81738.772.71$59,654
Oct 20201,0103,16836.972.48$45,191
Sep 20208362,57237.091.99$36,128
Aug 20201,1343,25439.982.39$53,098
Jul 20201,2513,58038.371.83$54,535
Jun 20201,1893,02734.901.69$46,613
May 20206542,72616.921.81$16,013
Apr 20201,2123,84714.751.80$24,818
Mar 20201,1913,84330.341.86$43,268
Feb 20201,4174,00149.881.98$78,605
Jan 20201,5643,97657.252.09$97,868
Dec 20191,3324,09159.012.30$88,028
Nov 20191,4234,04155.302.75$89,807
Oct 20191,1776,23353.472.42$78,009
Sep 20191,4804,44655.052.66$93,288
Aug 20191,4564,77953.112.30$88,341
Jul 20191,9475,32756.272.46$122,662
Jun 20192,0165,39452.782.49$119,842
May 20191,6643,86458.482.74$107,899
Apr 20191,0963,02562.632.75$76,963
Mar 20192,0595,22856.803.06$132,960
Feb 20191,5863,87850.852.79$91,476
Jan 20192,2035,06546.033.23$117,755
Dec 20182,0964,93846.594.19$118,320
Nov 20182,2494,38252.934.24$137,607
Oct 20182,2896,14861.443.40$161,528
Sep 20182,6076,58059.543.11$175,671
Aug 20182,7214,63259.403.07$175,832
Jul 20182,5575,71865.142.93$183,327
Jun 20182,7145,55360.183.08$180,415
May 20182,4524,48965.382.90$173,333
Apr 20183,4417,70463.842.90$242,021
Mar 20183,9388,13861.222.79$263,764
Feb 20183,9626,12561.782.77$261,715
Jan 20185,4357,72662.874.01$372,674
Dec 20172,3483,32457.272.92$144,181
Nov 20175,9829,71555.423.12$361,817
Oct 20177,96312,65049.292.98$430,240
Sep 20177,90810,72147.523.09$408,887
Aug 201711,37914,58945.373.00$560,096
Jul 201716,91614,13043.873.09$785,728
Jun 20179,4695,70342.493.09$419,945
May 20171871,47645.373.26$13,301

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                   18 bbl  × $106.41 =     $1,915
Casinghead gas       169 Mcf  × $  3.05 =       $515

────────────────────────────────────────────────────
Month total                                   $2,430

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/49165 is the state's own key, not one this site invented.