LIL EL 19-30

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 50569District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$46.6 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
98
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
OilDisposition728,350 bbl$43,853,967
Casinghead gasProduction735,096 Mcf$2,704,999
Total$46,558,965

Every month this lease reported (98)

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

98 months

May 20262,5984,870106.413.05$291,286
Apr 20262,5524,87298.932.87$266,451
Mar 20262,7563,46789.753.15$258,270
Feb 20262,5742,87763.503.75$174,239
Jan 20262,9663,46159.138.00$203,060
Dec 20252,6883,02556.664.41$165,652
Nov 20252,3572,83858.593.93$149,240
Oct 20252,4203,06459.383.30$153,826
Sep 20252,06081462.743.08$131,749
Aug 20251,23685063.933.01$81,580
Jul 20251404,54266.743.32$24,401
Jun 2025486366.483.13$3,388
May 20253151460.553.23$19,119
Apr 20251,1662,17062.363.54$80,400
Mar 20253,9128,69167.704.27$301,938
Feb 20253,7629,72970.884.34$308,883
Jan 20254,48811,04874.324.28$380,819
Dec 20244,65910,10268.993.12$352,956
Nov 20242,3557,14769.052.20$178,325
Oct 20241,2573,63471.372.28$98,003
Sep 20244,03912,49369.612.36$310,693
Aug 20245,38314,53175.632.06$437,103
Jul 20243,8418,98079.932.15$326,288
Jun 20243,1236,68178.082.63$261,441
May 20243,6997,57178.812.20$308,163
Apr 20243,3247,26884.451.66$292,771
Mar 20244,19610,79780.301.55$353,622
Feb 20243,7008,44976.091.78$296,603
Jan 20244,08110,65973.023.30$333,144
Dec 20234,64611,36471.262.61$360,742
Nov 20234,81011,36577.892.81$406,559
Oct 20234,40810,72485.443.09$409,728
Sep 20235,92915,21989.042.74$569,543
Aug 20235,30412,34080.522.67$460,061
Jul 20235,76712,48274.852.64$464,635
Jun 20233,7927,46968.962.26$278,365
May 20232,3734,44270.622.23$177,475
Apr 20234,84210,63678.122.24$402,058
Mar 20235,49512,61272.852.39$430,493
Feb 20235,09511,02075.112.47$409,857
Jan 20234,5778,50576.533.39$379,090
Dec 20225,39411,70976.415.73$479,237
Nov 20227,20517,25885.005.65$709,867
Oct 20227,22516,05687.185.86$724,024
Sep 20225,81112,50084.888.16$595,284
Aug 20224,78711,10094.529.13$553,779
Jul 20225,90714,783101.587.54$711,528
Jun 20226,59514,789115.097.98$876,993
May 20225,38411,869109.378.43$688,940
Apr 20226,65014,906104.226.84$794,984
Mar 20227,20514,769108.885.08$859,454
Feb 20226,53913,72191.054.86$662,044
Jan 20226,84613,86581.844.54$623,192
Dec 20217,49114,91871.323.90$592,425
Nov 20217,38614,01377.435.24$645,282
Oct 20218,0508,35879.795.71$690,066
Sep 20216,8764,27569.865.35$503,233
Aug 20217,491066.024.22$494,556
Jul 20219,5085,38570.783.98$694,420
Jun 20219,1297,96769.493.38$661,308
May 202110,05111,39263.483.02$672,415
Apr 202110,5269,38960.362.76$661,248
Mar 202112,2236,67661.302.72$767,408
Feb 20218,4022,80857.805.55$501,214
Jan 202112,8634,18450.412.81$660,182
Dec 202013,5287,60644.642.68$624,239
Nov 202013,4956,61838.772.71$541,113
Oct 202011,4815,96736.972.48$439,241
Sep 202011,8916,39137.091.99$453,762
Aug 202015,2037,12239.982.39$624,803
Jul 202016,6897,81038.371.83$654,611
Jun 202020,11612,31934.901.69$722,871
May 202010,5939,09516.921.81$195,739
Apr 202020,05610,13214.751.80$314,108
Mar 202023,40311,89730.341.86$732,131
Feb 202024,02412,40549.881.98$1,222,887
Jan 202030,10114,76057.252.09$1,754,201
Dec 201930,88516,06159.012.30$1,859,534
Nov 201922,80111,49455.302.75$1,292,512
Oct 20191,68068553.472.42$91,486
Sep 20192,5181,28155.052.66$142,020
Aug 20190053.112.30$0
Jul 20193,7283,34956.272.46$218,013
Jun 20196,8786,42352.782.49$379,022
May 20197,9436,44458.482.74$482,165
Apr 20197,5175,58862.632.75$486,161
Mar 20198,5685,34156.803.06$503,017
Feb 20198,3076,05850.852.79$439,326
Jan 20199,21167546.033.23$426,161
Dec 201810,478046.594.19$488,170
Nov 201811,190052.934.24$592,287
Oct 201812,899061.443.40$792,515
Sep 201815,784059.543.11$939,779
Aug 201821,696059.403.07$1,288,742
Jul 201811,410065.142.93$743,247
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$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                2,598 bbl  × $106.41 =   $276,453
Casinghead gas     4,870 Mcf  × $  3.05 =    $14,833

────────────────────────────────────────────────────
Month total                                 $291,286

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/50569 is the state's own key, not one this site invented.