CALVERLEY B-REED 40

Operated by CIVITAS PERMIAN OPERATING, LLC (P-5 101577) 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 50548District 08Field 85280300OilCasinghead gasSave
Value, all time
$67.6 M
Jul 2018 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition718,126 bbl$40,173,712
Casinghead gasProduction8,004,307 Mcf$27,385,404
Total$67,559,116

Wells on this lease (4)

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 31.7807, -101.7201. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.78077, -101.71990 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,663 ft
4 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.
4100.0%

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 8,153 and 8,968 ft, median 8,663 ft, over the 4 wells that filed a depth.

Completions filed
Jul 2018 – May 2019
4 of 4 wells

4 wells

42-17338001304HB8,968 ftMay 2019
42-17337720104HA8,547 ftJul 2018
42-17337719204HL8,153 ftJul 2018
42-17337721104HB8,779 ftJul 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 (95)

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

95 months

May 202655434,985106.413.05$165,510
Apr 202670334,83998.932.87$169,526
Mar 202683840,88089.753.15$203,960
Feb 202684833,44063.503.75$179,259
Jan 20261,05829,98359.138.00$302,361
Dec 20251,24963,08656.664.41$349,190
Nov 202591146,35158.593.93$235,370
Oct 202587241,02259.383.30$187,351
Sep 202581234,64062.743.08$157,529
Aug 202595638,21663.933.01$176,329
Jul 202598535,01766.743.32$181,827
Jun 20251,01419,96566.483.13$129,876
May 202545427,00460.553.23$114,775
Apr 20251,02238,96762.363.54$201,797
Mar 202559436,82767.704.27$197,403
Feb 202574343,32170.884.34$240,713
Jan 202573167,42574.324.28$342,818
Dec 202490575,08768.993.12$296,810
Nov 202466475,93869.052.20$212,794
Oct 202474570,76671.372.28$214,616
Sep 202451367,24569.612.36$194,701
Aug 202455376,16375.632.06$198,996
Jul 202492287,39179.932.15$261,288
Jun 202488283,17678.082.63$287,950
May 202493185,15978.812.20$260,589
Apr 20241,43674,55084.451.66$244,964
Mar 20241,21083,34780.301.55$225,945
Feb 202485877,29576.091.78$203,152
Jan 202485779,82473.023.30$325,811
Dec 20231,27187,74671.262.61$319,652
Nov 20231,16186,66777.892.81$333,753
Oct 20231,59388,16685.443.09$408,299
Sep 20231,60994,01789.042.74$400,406
Aug 20231,32397,17180.522.67$366,254
Jul 20231,50498,29774.852.64$372,255
Jun 20231,466101,25268.962.26$329,771
May 20231,910108,74770.622.23$377,107
Apr 20231,536115,37378.122.24$378,169
Mar 20231,764124,24972.852.39$425,855
Feb 20232,23996,24975.112.47$405,491
Jan 20232,229104,74876.533.39$525,442
Dec 20221,23377,87876.415.73$540,383
Nov 20222,14299,38185.005.65$743,195
Oct 20222,48990,80687.185.86$749,456
Sep 20222,81685,02584.888.16$933,139
Aug 20222,08171,35694.529.13$847,974
Jul 20221,34887,320101.587.54$795,504
Jun 20222,42692,496115.097.98$1,017,067
May 20222,479107,704109.378.43$1,179,400
Apr 20222,832106,752104.226.84$1,025,079
Mar 20223,07296,558108.885.08$824,646
Feb 20223,76887,43691.054.86$767,914
Jan 20223,68378,09381.844.54$655,778
Dec 20214,448110,62471.323.90$748,568
Nov 20213,66199,79277.435.24$806,067
Oct 20213,976111,49379.795.71$954,302
Sep 20214,170103,59669.865.35$845,650
Aug 20214,111104,27166.024.22$711,493
Jul 20214,671105,84270.783.98$752,085
Jun 20214,933109,53969.493.38$713,104
May 20215,311124,83763.483.02$713,859
Apr 20216,110113,51660.362.76$681,924
Mar 20216,552128,19261.302.72$749,928
Feb 20214,60892,92057.805.55$781,858
Jan 20217,038132,95450.412.81$728,422
Dec 20207,333120,83644.642.68$650,637
Nov 20207,515123,94738.772.71$626,828
Oct 20207,688133,88336.972.48$616,045
Sep 20208,940134,05437.091.99$598,491
Aug 20208,372126,38639.982.39$636,156
Jul 20209,571126,82638.371.83$598,712
Jun 20209,773122,25934.901.69$547,733
May 202014,062131,97016.921.81$477,422
Apr 202013,810117,48014.751.80$415,676
Mar 202017,618103,50730.341.86$726,663
Feb 202012,17874,74049.881.98$755,474
Jan 202013,82486,26757.252.09$972,131
Dec 201915,28992,99259.012.30$1,116,491
Nov 201917,261108,96155.302.75$1,254,252
Oct 201917,41782,88953.472.42$1,131,757
Sep 201916,80167,43955.052.66$1,104,099
Aug 201915,75093,04053.112.30$1,050,880
Jul 201920,81481,33856.272.46$1,371,300
Jun 201924,11060,33852.782.49$1,422,840
May 201915,05813,23658.482.74$916,863
Apr 20192,2145,18062.632.75$152,911
Mar 201924,49598,01556.803.06$1,691,448
Feb 201921,79895,66450.852.79$1,375,543
Jan 201925,782117,72346.033.23$1,566,776
Dec 201830,17585,55546.594.19$1,763,939
Nov 201828,46384,72452.934.24$1,865,543
Oct 201837,370102,03961.443.40$2,642,749
Sep 201845,60576,22559.543.11$2,952,229
Aug 201856,48071,24159.403.07$3,573,377
Jul 201838,17742,58165.142.93$2,611,692

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                  554 bbl  × $106.41 =    $58,951
Casinghead gas    34,985 Mcf  × $  3.05 =   $106,559

────────────────────────────────────────────────────
Month total                                 $165,510

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/50548 is the state's own key, not one this site invented.