BIG EL 45-04

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 49234District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$47.8 M
May 2017 – May 2026
Value, last 12 filed months
$2.9 M
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
OilDisposition698,832 bbl$43,483,455
Casinghead gasProduction1,260,766 Mcf$4,282,192
Total$47,765,647

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 32.4615, -101.5064. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46151, -101.50641 · 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
7,499 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 7,322 and 7,675 ft, median 7,499 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2020 – Jan 2021
2 of 2 wells

2 wells

42-227388691AH7,675 ftJan 2021
42-227391871SH7,322 ftAug 2020

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 20262,64319,139106.413.05$339,536
Apr 20262,50117,28398.932.87$297,021
Mar 20262,66317,09589.753.15$292,844
Feb 20261,28110,67763.503.75$121,386
Jan 20262,23515,04059.138.00$252,444
Dec 20253,26018,17356.664.41$264,916
Nov 20253,31618,12558.593.93$265,451
Oct 20253,25418,76359.383.30$255,231
Sep 20251,34413,26462.743.08$125,135
Aug 20252,93118,63063.933.01$243,544
Jul 20252,38516,57466.743.32$214,121
Jun 20252,47516,17066.483.13$215,129
May 20252,14314,63460.553.23$177,060
Apr 20251,50413,47762.363.54$141,540
Mar 20252,94114,99767.704.27$263,118
Feb 20252,41714,84770.884.34$235,765
Jan 20253,40316,68874.324.28$324,314
Dec 20243,73315,85168.993.12$307,017
Nov 20243,52215,56669.052.20$277,415
Oct 20244,15917,53371.372.28$336,828
Sep 20243,79316,50169.612.36$303,045
Aug 20243,87417,35075.632.06$328,795
Jul 20244,44818,82979.932.15$395,947
Jun 20244,29617,82178.082.63$382,372
May 20244,77917,05778.812.20$414,132
Apr 20245,37314,86284.451.66$478,409
Mar 20242,4606,54080.301.55$207,643
Feb 20244,93512,59876.091.78$397,974
Jan 20245,55014,51273.023.30$453,117
Dec 20235,99814,77671.262.61$465,993
Nov 20236,04514,65877.892.81$511,998
Oct 20236,79014,53585.443.09$625,011
Sep 20236,92313,94489.042.74$654,561
Aug 20237,57312,96280.522.67$644,424
Jul 20236,4497,62974.852.64$502,862
Jun 20235,6646,38568.962.26$405,010
May 20239,87710,00370.622.23$719,794
Apr 20234,7401,23778.122.24$373,057
Mar 20232502872.852.39$18,280
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022141085.005.65$11,985
Oct 20228056787.185.86$10,299
Sep 20222,6056,80684.888.16$276,674
Aug 20224,37114,01394.529.13$541,046
Jul 20224,35813,685101.587.54$545,899
Jun 20224,14212,695115.097.98$577,973
May 20224,32613,108109.378.43$583,675
Apr 20224,40912,891104.226.84$547,649
Mar 20224,99813,457108.885.08$612,495
Feb 20224,11511,66591.054.86$431,349
Jan 20225,42713,62581.844.54$505,972
Dec 20214,9798,96571.323.90$390,058
Nov 20215,80412,67577.435.24$515,781
Oct 20215,39012,09279.795.71$499,160
Sep 20214,28310,14069.865.35$353,469
Aug 20212,0291,83166.024.22$141,682
Jul 20214,5735,54470.783.98$345,754
Jun 20214,4944,76869.493.38$328,407
May 20214,8395,24363.483.02$323,001
Apr 20215,2043,46160.362.76$323,660
Mar 20217,6283,53861.302.72$477,209
Feb 20213,9061,51857.805.55$234,189
Jan 20214,8992,68850.412.81$254,513
Dec 20205,54216644.642.68$247,839
Nov 20206,2973,00238.772.71$252,260
Oct 20208,4753,66636.972.48$322,407
Sep 20206,9072,42137.091.99$261,001
Aug 20205,0554,11439.982.39$211,911
Jul 20205,1527,21038.371.83$210,841
Jun 20205,9738,09534.901.69$222,141
May 20202,6663,57516.921.81$51,596
Apr 20206,59513,31814.751.80$121,307
Mar 20206,88813,08530.341.86$233,271
Feb 20206,76112,06249.881.98$361,130
Jan 20208,04815,05457.252.09$492,282
Dec 20198,27317,52359.012.30$528,569
Nov 20197,23910,49855.302.75$429,194
Oct 20198,09718,03953.472.42$476,575
Sep 20198,87316,84555.052.66$533,221
Aug 20199,06218,73353.112.30$524,450
Jul 20199,47216,99556.272.46$574,798
Jun 20199,82519,46852.782.49$567,062
May 201911,14420,75358.482.74$708,571
Apr 20198,62914,75262.632.75$581,013
Mar 201911,24219,56556.803.06$698,456
Feb 201910,86820,51750.852.79$609,926
Jan 201912,99417,10846.033.23$653,342
Dec 201813,93720,59046.594.19$735,503
Nov 201814,45721,75252.934.24$857,377
Oct 201816,50723,11761.443.40$1,092,744
Sep 201815,27319,07359.543.11$968,633
Aug 201817,23016,33159.403.07$1,073,542
Jul 201816,86014,43465.142.93$1,140,579
Jun 20189,1968,20560.183.08$578,661
May 201827,10325,78765.382.90$1,846,797
Apr 201834,55628,64963.842.90$2,289,160
Mar 201825,37112,62461.222.79$1,588,394
Feb 20189061.782.77$556
Jan 20187,0134,76162.874.01$459,996
Dec 20175,7213,40557.272.92$337,589
Nov 201718,15617,24155.423.12$1,059,969
Oct 201723,6698,50549.292.98$1,192,021
Sep 201712,768047.523.09$606,735
Aug 20172045.373.00$91
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$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                2,643 bbl  × $106.41 =   $281,242
Casinghead gas    19,139 Mcf  × $  3.05 =    $58,294

────────────────────────────────────────────────────
Month total                                 $339,536

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/49234 is the state's own key, not one this site invented.