BIG RED UNIT 75-82

Operated by HIGH NOON RESOURCES, LLC (P-5 102009) 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 50315District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$16.0 M
Mar 2018 – May 2026
Value, last 12 filed months
$903 k
at the published price for each month
Months reported
99
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
OilDisposition256,424 bbl$15,438,535
Casinghead gasProduction166,526 Mcf$563,467
Total$16,002,003

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 32.4829, -101.8854. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.48292, -101.88542 · 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
9,034 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 8,994 and 9,074 ft, median 9,034 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2018 – Nov 2018
2 of 2 wells

2 wells

42-317414826AH9,074 ftNov 2018
42-317410585H8,994 ftMar 2018

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 (99)

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

99 months

May 20261,1062,466106.413.05$125,201
Apr 20261,3072,97898.932.87$137,848
Mar 20261,1983,67989.753.15$119,107
Feb 20261,5143,25863.503.75$108,358
Jan 20261,5603,87959.138.00$123,267
Dec 20251,3483,73456.664.41$92,857
Nov 20251,0562,88558.593.93$73,199
Oct 20253412,31559.383.30$27,899
Sep 20252671,59762.743.08$21,665
Aug 20252711,70363.933.01$22,459
Jul 202533559166.743.32$24,317
Jun 20253451,33466.483.13$27,109
May 20258471,18160.553.23$55,103
Apr 20254461,26762.363.54$32,302
Mar 20255141,15767.704.27$39,736
Feb 202563488270.884.34$48,767
Jan 202579491974.324.28$62,942
Dec 2024045768.993.12$1,426
Nov 20241,0011,14469.052.20$71,634
Oct 20241,0261,10271.372.28$75,740
Sep 202455782869.612.36$40,730
Aug 202441044675.632.06$31,929
Jul 20240079.932.15$0
Jun 202406978.082.63$182
May 20241,24669178.812.20$99,716
Apr 20241,04362484.451.66$89,117
Mar 20242315780.301.55$2,089
Feb 202440020476.091.78$30,800
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202340116185.443.09$34,758
Sep 202397944689.042.74$88,390
Aug 20231,63934480.522.67$132,892
Jul 20231,5578874.852.64$116,774
Jun 202384119268.962.26$58,429
May 20231,29314370.622.23$91,630
Apr 20231,11655878.122.24$88,431
Mar 20231,74254772.852.39$128,214
Feb 20231,38935675.112.47$105,206
Jan 202395419676.533.39$73,674
Dec 20221,67127976.415.73$129,280
Nov 2022029885.005.65$1,683
Oct 202289741687.185.86$80,640
Sep 202270352484.888.16$63,948
Aug 202206794.529.13$612
Jul 2022742286101.587.54$77,529
Jun 20221,8431,249115.097.98$222,074
May 2022746993109.378.43$89,964
Apr 2022787704104.226.84$86,835
Mar 20221,7991,427108.885.08$203,119
Feb 20221,5011,04591.054.86$141,744
Jan 20221,6263,52381.844.54$149,058
Dec 20211,05573171.323.90$78,093
Nov 20211,7871,00877.435.24$143,646
Oct 20211,4251,08779.795.71$119,912
Sep 20212,2621,01169.865.35$163,433
Aug 202107866.024.22$329
Jul 202135843470.783.98$27,067
Jun 202171563069.493.38$51,815
May 20212,05676763.483.02$132,829
Apr 20211,06360960.362.76$65,843
Mar 2021043461.302.72$1,179
Feb 2021052957.805.55$2,935
Jan 20212,6431,18550.412.81$136,564
Dec 202083974044.642.68$39,433
Nov 20201,8731,09938.772.71$75,591
Oct 20201,97620836.972.48$73,568
Sep 202052089137.091.99$21,061
Aug 20205092,02639.982.39$25,182
Jul 20202,5131,05938.371.83$98,357
Jun 20203,15532334.901.69$110,655
May 20202,43162416.921.81$42,265
Apr 20203,1961,24714.751.80$49,391
Mar 20203,1573830.341.86$95,854
Feb 20203,7381,26649.881.98$188,959
Jan 20203,82133757.252.09$219,458
Dec 20193,439059.012.30$202,935
Nov 20193,61776055.302.75$202,111
Oct 20194,6662,82953.472.42$256,333
Sep 20194,8172,77755.052.66$272,555
Aug 20194,0562,00453.112.30$220,032
Jul 20194,2352,90456.272.46$245,447
Jun 20194,8033,68752.782.49$262,687
May 20195,6185,55958.482.74$343,774
Apr 20196,7464,63962.632.75$435,262
Mar 20198,1346,54256.803.06$482,043
Feb 20197,3665,95550.852.79$391,189
Jan 20199,3805,73246.033.23$450,265
Dec 20187,5934,60146.594.19$373,015
Nov 20185,4352,44552.934.24$298,035
Oct 20187,2214,78761.443.40$459,925
Sep 20187,5395,32359.543.11$465,416
Aug 20188,8516,12159.403.07$544,520
Jul 201810,0756,30465.142.93$674,768
Jun 201812,8657,11260.183.08$796,099
May 201820,6536,46265.382.90$1,369,038
Apr 201811,6425,45363.842.90$759,043
Mar 201812,76678061.222.79$783,708

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                1,106 bbl  × $106.41 =   $117,689
Casinghead gas     2,466 Mcf  × $  3.05 =     $7,511

────────────────────────────────────────────────────
Month total                                 $125,201

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/50315 is the state's own key, not one this site invented.