CHIEF 33-28

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 50771District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$21.8 M
Feb 2018 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
100
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
OilDisposition339,904 bbl$20,626,627
Casinghead gasProduction328,122 Mcf$1,138,504
Total$21,765,132

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 32.5336, -101.5198. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53356, -101.51982 · 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
7,411 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 7,411 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-227394464AH7,411 ftFeb 2020

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 (100)

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

100 months

May 20261,1412,004106.413.05$127,518
Apr 20261,2821,86998.932.87$132,192
Mar 20261,6682,20089.753.15$156,632
Feb 20261,6722,80363.503.75$116,684
Jan 20261,5051,87459.138.00$103,979
Dec 20256521,57356.664.41$43,885
Nov 20257181,79258.593.93$49,104
Oct 20251,1602,03759.383.30$75,613
Sep 20251,5982,41362.743.08$107,683
Aug 20251,7832,73263.933.01$122,224
Jul 20252,0563,87866.743.32$150,074
Jun 20252,3423,29566.483.13$166,005
May 20252,3863,95060.553.23$157,240
Apr 20252,4393,55362.363.54$164,685
Mar 20252,6633,72467.704.27$196,180
Feb 20252,5133,51170.884.34$193,362
Jan 20252,9953,91674.324.28$239,344
Dec 20242,8633,67768.993.12$208,996
Nov 20242,7713,31169.052.20$198,617
Oct 20242,9313,28171.372.28$216,671
Sep 20242,9033,26769.612.36$209,802
Aug 20243,2713,65375.632.06$254,924
Jul 20243,5053,86979.932.15$288,460
Jun 20243,3523,82578.082.63$271,799
May 20243,6963,94178.812.20$299,946
Apr 20243,5513,47784.451.66$305,651
Mar 20244,0043,57080.301.55$327,037
Feb 20242,7182,18676.091.78$210,712
Jan 20241,7831,44673.023.30$134,963
Dec 2023028071.262.61$731
Nov 2023391377.892.81$2,797
Oct 202306885.443.09$210
Sep 20230089.042.74$0
Aug 202311180.522.67$888
Jul 20230074.852.64$0
Jun 202319230868.962.26$13,936
May 20232,1112,82070.622.23$155,360
Apr 20231,7402,53978.122.24$141,610
Mar 20232,4003,91872.852.39$184,216
Feb 20231,3791,46975.112.47$107,199
Jan 20232,3182,26976.533.39$185,083
Dec 20222,1373,22576.415.73$181,764
Nov 20222,6443,54885.005.65$244,773
Oct 20222,8203,82987.185.86$268,300
Sep 20222,5782,88084.888.16$242,332
Aug 20222,0683,26994.529.13$225,304
Jul 20222,7944,177101.587.54$315,318
Jun 20222,8374,181115.097.98$359,863
May 20223,0544,441109.378.43$371,467
Apr 20222,8965,186104.226.84$337,281
Mar 20223,1336,960108.885.08$376,453
Feb 20221,9953,98891.054.86$201,022
Jan 20223,2122,48481.844.54$274,142
Dec 20213,4503,48271.323.90$259,631
Nov 20212,7083,44677.435.24$227,727
Oct 20213,1033,02579.795.71$264,873
Sep 20213,2863,44969.865.35$248,015
Aug 20213,5652,51766.024.22$245,985
Jul 20213,7625,89470.783.98$289,745
Jun 20213,8003,19769.493.38$274,870
May 20214,0193,79063.483.02$266,563
Apr 20214,2525,31660.362.76$271,314
Mar 20214,5744,50461.302.72$292,623
Feb 20212,7262,25257.805.55$170,057
Jan 20214,1834,27450.412.81$222,876
Dec 20204,7824,91744.642.68$226,624
Nov 20204,9585,71738.772.71$207,695
Oct 20205,6276,24136.972.48$223,498
Sep 20205,7757,38637.091.99$228,901
Aug 20206,1826,27339.982.39$262,118
Jul 20206,8748,08538.371.83$278,511
Jun 20207,8396,03634.901.69$283,784
May 20201,2001,37516.921.81$22,799
Apr 20209,3338,96314.751.80$153,834
Mar 20205,7843,69630.341.86$182,347
Feb 20201,15198649.881.98$59,365
Jan 20207,3866,48457.252.09$436,431
Dec 20197,5735,49459.012.30$459,543
Nov 20192,9301,67455.302.75$166,634
Oct 20194,5053,62453.472.42$249,647
Sep 20195,3823,81055.052.66$306,403
Aug 20195,5973,33153.112.30$304,932
Jul 20197,2783,87256.272.46$419,058
Jun 20195,7263,55452.782.49$311,072
May 20197,4664,48458.482.74$448,899
Apr 20194,5782,71162.632.75$294,177
Mar 20199,0054,77356.803.06$526,099
Feb 20198,4094,21350.852.79$439,361
Jan 20199,6924,07346.033.23$459,271
Dec 20189,8155,13446.594.19$478,769
Nov 201810,8016,00952.934.24$597,159
Oct 201811,1726,53061.443.40$708,597
Sep 20189,0664,15159.543.11$552,691
Aug 20180059.403.07$0
Jul 2018347065.142.93$22,604
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$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                1,141 bbl  × $106.41 =   $121,414
Casinghead gas     2,004 Mcf  × $  3.05 =     $6,104

────────────────────────────────────────────────────
Month total                                 $127,518

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/50771 is the state's own key, not one this site invented.