FANTASY

Operated by HENRY RESOURCES LLC (P-5 378535) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49335District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.5 M
Sep 2017 – Mar 2023
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
67
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 581 leases and 1,079 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2016-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition204,450 bbl$12,113,870
Casinghead gasProduction461,622 Mcf$1,410,729
Total$13,524,599

Every month this lease reported (67)

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

67 months

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 20221,6506,18594.529.13$212,409
Jul 20223,4139,300101.587.54$416,834
Jun 20222,1772,752115.097.98$272,504
May 20221,241584109.378.43$140,653
Apr 20228649104.226.84$9,298
Mar 20221,9082,194108.885.08$218,881
Feb 20221,7031,68391.054.86$163,236
Jan 20221,9282,06681.844.54$167,162
Dec 20211,54274271.323.90$112,869
Nov 20211,50274077.435.24$120,175
Oct 20211,5041,19679.795.71$126,838
Sep 20211,2801,09269.865.35$95,264
Aug 20212,1392,82666.024.22$153,144
Jul 20211,8883,93370.783.98$149,294
Jun 20211,8162,49269.493.38$134,618
May 20211,8935,71263.483.02$137,405
Apr 20212,5096,77860.362.76$170,140
Mar 20212,7126,00261.302.72$182,553
Feb 20211,8175,03857.805.55$132,973
Jan 20212,5316,27250.412.81$145,214
Dec 20202,8447,98044.642.68$148,306
Nov 20202,3446,21838.772.71$107,706
Oct 20202,8938,51536.972.48$128,058
Sep 20204,1007,31037.091.99$166,624
Aug 20201,1162,93439.982.39$51,616
Jul 20202,6127,64638.371.83$114,177
Jun 20203,5917,97334.901.69$138,803
May 20201,9782,60116.921.81$38,188
Apr 20201,8116,18714.751.80$37,876
Mar 20202,5559,63730.341.86$95,407
Feb 20202,9489,17249.881.98$165,213
Jan 20202,9558,98257.252.09$187,989
Dec 20193,26811,33759.012.30$218,969
Nov 20193,2349,51655.302.75$205,016
Oct 20193,61511,95853.472.42$222,215
Sep 20193,16911,95355.052.66$206,216
Aug 20193,67712,37653.112.30$223,804
Jul 20192,90810,57756.272.46$189,653
Jun 20192,7717,85952.782.49$165,832
May 20193,68813,00258.482.74$251,304
Apr 20193,87610,99462.632.75$272,995
Mar 20194,14811,88656.803.06$272,003
Feb 20194,13811,22950.852.79$241,771
Jan 20195,53912,14246.033.23$294,157
Dec 20184,4113,24546.594.19$219,090
Nov 20184,2989,85852.934.24$269,264
Oct 20185,70213,53861.443.40$396,334
Sep 20186,14213,74259.543.11$408,405
Aug 20186,83016,43459.403.07$456,098
Jul 20187,24518,64065.142.93$526,590
Jun 20188,01519,84460.183.08$543,401
May 201810,26127,02765.382.90$749,264
Apr 201817,02330,18763.842.90$1,174,315
Mar 201821,50621,48761.222.79$1,376,478
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$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.

Aug 2022 — as filed, then multipliedworked
Oil                1,650 bbl  × $ 94.52 =   $155,958
Casinghead gas     6,185 Mcf  × $  9.13 =    $56,451

────────────────────────────────────────────────────
Month total                                 $212,409

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/49335 is the state's own key, not one this site invented.