MIDLAND 15-10

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 49272District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$19.2 M
Apr 2017 – May 2026
Value, last 12 filed months
$1.1 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
OilDisposition308,816 bbl$18,074,448
Casinghead gasProduction352,204 Mcf$1,112,724
Total$19,187,173

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 32.3770, -101.3513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37703, -101.35132 · 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
6,132 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 6,132 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-227389131WA6,132 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 20261,155321106.413.05$123,881
Apr 20261,3331,06298.932.87$134,921
Mar 20261,3562,24889.753.15$128,781
Feb 20265551,53763.503.75$41,007
Jan 202647375159.138.00$33,975
Dec 20251,4612,19956.664.41$92,485
Nov 20251,07532958.593.93$64,276
Oct 20251,43840259.383.30$86,717
Sep 20251,43833962.743.08$91,263
Aug 20251,1331,08563.933.01$75,704
Jul 20251,67834166.743.32$113,120
Jun 20251,47936466.483.13$99,463
May 20251,18429560.553.23$72,645
Apr 20251,42922062.363.54$89,892
Mar 20252,12153067.704.27$145,854
Feb 202555617570.884.34$40,169
Jan 20251,01156874.324.28$77,568
Dec 20241,16514368.993.12$80,820
Nov 20241,06310869.052.20$73,638
Oct 20241,586071.372.28$113,193
Sep 20241,619069.612.36$112,699
Aug 20241,9962075.632.06$150,999
Jul 20241,332079.932.15$106,467
Jun 2024286078.082.63$22,331
May 20241,03981078.812.20$83,664
Apr 20241,32298284.451.66$113,272
Mar 20241,1211980.301.55$90,046
Feb 202444636876.091.78$34,593
Jan 2024185173.023.30$1,483
Dec 202306271.262.61$162
Nov 20231516877.892.81$1,640
Oct 20232221485.443.09$2,540
Sep 20231,05917889.042.74$94,780
Aug 20237447780.522.67$7,233
Jul 202339369074.852.64$31,239
Jun 20232,10075468.962.26$146,519
May 20232,3161,12070.622.23$166,051
Apr 20238781,49678.122.24$71,937
Mar 20231,39176872.852.39$103,172
Feb 20231,22227975.112.47$92,472
Jan 20233,18852476.533.39$245,753
Dec 20222,14079076.415.73$168,043
Nov 20221,9491,14085.005.65$172,102
Oct 20222,0031,33387.185.86$182,438
Sep 20222,2311,38884.888.16$200,698
Aug 20222,4071,99494.529.13$245,709
Jul 20222,4061,510101.587.54$255,790
Jun 20222,2181,961115.097.98$270,913
May 20223,385629109.378.43$375,522
Apr 20223,2411,231104.226.84$346,194
Mar 20222,1242,009108.885.08$241,460
Feb 20222,8173,40891.054.86$273,047
Jan 20224,6463,99781.844.54$398,366
Dec 20214,3702,25771.323.90$320,469
Nov 20211792277.435.24$13,975
Oct 2021125079.795.71$9,974
Sep 20210069.865.35$0
Aug 20210566.024.22$21
Jul 20215019670.783.98$35,843
Jun 202102669.493.38$88
May 202101963.483.02$57
Apr 20210960.362.76$25
Mar 2021102061.302.72$6,253
Feb 202175261957.805.55$46,900
Jan 20212,6452,73850.412.81$141,029
Dec 20202,3741,61844.642.68$110,304
Nov 20201,89184238.772.71$75,593
Oct 20202,3791,51536.972.48$91,706
Sep 20202,3461,72137.091.99$90,440
Aug 20202,5372,73339.982.39$107,948
Jul 20202,9382,60838.371.83$117,491
Jun 20203,4664,64934.901.69$128,822
May 20201,0172,30016.921.81$21,382
Apr 20202,6623,92714.751.80$46,350
Mar 20202,9695,38830.341.86$100,081
Feb 20202,6273,50549.881.98$137,977
Jan 20202,9822,53157.252.09$176,021
Dec 20192,4021,58559.012.30$145,394
Nov 20192,41868555.302.75$135,600
Oct 20192,5592,36653.472.42$142,552
Sep 20191,5342,08255.052.66$89,979
Aug 20193,7886,87953.112.30$217,032
Jul 20192,8144,58956.272.46$169,633
Jun 20193,3535,58752.782.49$190,890
May 20193,6775,77558.482.74$230,856
Apr 20193,8875,68162.632.75$259,070
Mar 20193,9105,78256.803.06$239,793
Feb 20193,6225,38550.852.79$199,215
Jan 20192,6402,27646.033.23$128,867
Dec 20183,6133,02146.594.19$180,974
Nov 20181,1843,74152.934.24$78,521
Oct 20184,1205,35061.443.40$271,313
Sep 20184,1214,02559.543.11$257,874
Aug 20183,5173,02059.403.07$218,171
Jul 20183,0193,75065.142.93$207,652
Jun 20184,2555,74360.183.08$273,737
May 20184,8616,20465.382.90$335,809
Apr 20183,0653,44763.842.90$205,669
Mar 20186,12013,70161.222.79$412,849
Feb 20186,37514,39661.782.77$433,669
Jan 20187,48816,57262.874.01$537,213
Dec 20177,60613,95057.272.92$476,351
Nov 20178,28817,06355.423.12$512,530
Oct 20179,89018,95649.292.98$544,037
Sep 201710,52616,71547.523.09$551,799
Aug 201711,93319,28145.373.00$599,328
Jul 201715,95321,60043.873.09$766,543
Jun 201725,21923,30742.493.09$1,143,511
May 201714,1046,79145.373.26$662,060
Apr 2017038447.933.21$1,233

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                1,155 bbl  × $106.41 =   $122,904
Casinghead gas       321 Mcf  × $  3.05 =       $978

────────────────────────────────────────────────────
Month total                                 $123,881

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/49272 is the state's own key, not one this site invented.