SHAFER 12

Operated by HIGHPEAK ENERGY HOLDINGS, LLC (P-5 385826) 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 50808District 08Field 85280300OilSaveExport
Value, all time
$598 k
Apr 2018 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
98
no gaps in the span
Streams
1
oil

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
OilDisposition9,566 bbl$598,280
Total$598,280

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 32.4838, -101.2451. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48382, -101.24505 · 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
7,777 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 7,777 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-2273851117,777 ftApr 2016

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 (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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 202518267.704.27$12,321
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 202418378.812.20$14,422
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 202415576.091.78$11,794
Jan 202417673.023.30$12,852
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 202313685.443.09$11,620
Sep 202318589.042.74$16,472
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 202316668.962.26$11,447
May 2023070.622.23$0
Apr 202317078.122.24$13,280
Mar 202311372.852.39$8,232
Feb 202335775.112.47$26,814
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 202242787.185.86$37,226
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 2022201104.226.84$20,948
Mar 20220108.885.08$0
Feb 202218691.054.86$16,935
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 202119779.795.71$15,719
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 202117170.783.98$12,103
Jun 202118469.493.38$12,786
May 202116963.483.02$10,728
Apr 202114960.362.76$8,994
Mar 202136661.302.72$22,436
Feb 2021057.805.55$0
Jan 202117150.412.81$8,620
Dec 202018444.642.68$8,214
Nov 2020038.772.71$0
Oct 202016436.972.48$6,063
Sep 202017237.091.99$6,379
Aug 2020039.982.39$0
Jul 202031538.371.83$12,087
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 202037014.751.80$5,458
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 202018357.252.09$10,477
Dec 201917759.012.30$10,445
Nov 201918255.302.75$10,065
Oct 2019053.472.42$0
Sep 201918355.052.66$10,074
Aug 201917753.112.30$9,400
Jul 201917956.272.46$10,072
Jun 2019052.782.49$0
May 201918158.482.74$10,585
Apr 201918862.632.75$11,774
Mar 201918556.803.06$10,508
Feb 2019050.852.79$0
Jan 201934046.033.23$15,650
Dec 2018046.594.19$0
Nov 201818452.934.24$9,739
Oct 201818161.443.40$11,121
Sep 201815259.543.11$9,050
Aug 201834359.403.07$20,374
Jul 201819265.142.93$12,507
Jun 201818860.183.08$11,314
May 201853465.382.90$34,913
Apr 201856863.842.90$36,261

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.

Mar 2025 — as filed, then multipliedworked
Oil                  182 bbl  × $ 67.70 =    $12,321

────────────────────────────────────────────────────
Month total                                  $12,321

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/50808 is the state's own key, not one this site invented.