FAYTH 38X

Operated by OVINTIV USA INC. (P-5 628658) 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 50932District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$95.1 M
Aug 2018 – May 2026
Value, last 12 filed months
$4.0 M
at the published price for each month
Months reported
94
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
OilDisposition1,301,525 bbl$83,078,114
Casinghead gasProduction3,317,889 Mcf$12,054,899
Total$95,133,013

Wells on this lease (3)

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 31.7608, -102.1335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76081, -102.13345 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,021 ft
3 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.
3100.0%

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 8,290 and 9,648 ft, median 9,021 ft, over the 3 wells that filed a depth.

Completions filed
Aug 2018 – Mar 2021
3 of 3 wells

3 wells

42-3294448512HL9,648 ftMar 2021
42-329424108HF9,021 ftAug 2018
42-329424119HC8,290 ftAug 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 (94)

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

94 months

May 20265,34726,487106.413.05$649,649
Apr 20265,58714,62398.932.87$594,686
Mar 20265,80210,45889.753.15$553,666
Feb 20264,6967,96263.503.75$328,056
Jan 20265,1094,66959.138.00$339,437
Dec 20255,4616,14556.664.41$336,540
Nov 20254,4684,83458.593.93$280,761
Oct 20254,2644,74259.383.30$268,868
Sep 20253,6122,69662.743.08$234,912
Aug 20253,1381,18363.933.01$204,179
Jul 20251,47542866.743.32$99,860
Jun 20259041,33366.483.13$64,269
May 20254,63115,33760.553.23$329,981
Apr 20254,55416,18762.363.54$341,340
Mar 20254,46027,91467.704.27$421,088
Feb 20255,73333,46470.884.34$551,617
Jan 20256,81338,24374.324.28$669,972
Dec 20246,58139,42268.993.12$577,074
Nov 20246,62340,14569.052.20$545,575
Oct 20246,41538,53171.372.28$545,743
Sep 20246,03238,05769.612.36$509,868
Aug 20246,18837,96275.632.06$546,338
Jul 20246,95143,27479.932.15$648,485
Jun 20246,24535,01978.082.63$579,849
May 20246,14738,01578.812.20$568,019
Apr 20246,09931,05284.451.66$566,582
Mar 20247,80941,05780.301.55$690,501
Feb 20247,38436,61876.091.78$627,162
Jan 20246,63633,50473.023.30$595,046
Dec 20238,52344,86071.262.61$724,466
Nov 20238,50642,15877.892.81$780,893
Oct 20237,32942,46885.443.09$757,300
Sep 20238,32949,18389.042.74$876,132
Aug 20238,57951,42680.522.67$828,237
Jul 20239,59552,19174.852.64$856,064
Jun 20239,55746,48168.962.26$764,027
May 20238,87138,32670.622.23$711,837
Apr 20239,20136,63778.122.24$800,767
Mar 20239,01236,24472.852.39$743,262
Feb 20238,04428,67875.112.47$674,896
Jan 20239,53435,13176.533.39$848,651
Dec 20229,01532,17576.415.73$873,169
Nov 20229,82038,87185.005.65$1,054,173
Oct 202210,93843,42487.185.86$1,208,203
Sep 202210,79744,26284.888.16$1,277,790
Aug 202211,37349,18994.529.13$1,523,932
Jul 202211,45153,962101.587.54$1,570,178
Jun 202210,60452,943115.097.98$1,642,751
May 202211,98748,456109.378.43$1,719,650
Apr 202212,58548,196104.226.84$1,641,154
Mar 202213,88243,964108.885.08$1,734,651
Feb 202211,70932,18991.054.86$1,222,506
Jan 202214,36847,02981.844.54$1,389,280
Dec 202116,14857,33671.323.90$1,375,235
Nov 202117,13058,42977.435.24$1,632,360
Oct 202118,12755,52979.795.71$1,763,639
Sep 202120,12666,65769.865.35$1,762,679
Aug 202123,35379,78466.024.22$1,878,501
Jul 202127,62180,94770.783.98$2,277,352
Jun 202132,88575,27669.493.38$2,539,658
May 202139,93463,66263.483.02$2,727,121
Apr 202143,88659,22660.362.76$2,812,329
Mar 202121,92234,67361.302.72$1,438,023
Feb 20212,9008,42657.805.55$214,367
Jan 20219,25924,82350.412.81$536,506
Dec 20209,99227,74344.642.68$520,268
Nov 202010,24127,15538.772.71$470,540
Oct 202010,54926,29036.972.48$455,154
Sep 202010,78426,23237.091.99$452,208
Aug 202010,14523,60739.982.39$461,902
Jul 202010,65127,26938.371.83$458,448
Jun 202011,58827,47234.901.69$450,857
May 202012,44527,96016.921.81$261,310
Apr 202013,11828,80514.751.80$245,466
Mar 202013,38327,18130.341.86$456,494
Feb 202013,77728,44449.881.98$743,535
Jan 202015,72932,35657.252.09$968,263
Dec 201916,29532,73259.012.30$1,036,994
Nov 201915,99230,70155.302.75$968,807
Oct 201917,50631,78853.472.42$1,012,926
Sep 201917,85832,51155.052.66$1,069,474
Aug 201919,19733,18753.112.30$1,096,027
Jul 201920,58333,65356.272.46$1,240,994
Jun 201922,06934,40852.782.49$1,250,519
May 201924,71137,88058.482.74$1,548,903
Apr 201926,15238,78562.632.75$1,744,586
Mar 201927,87638,01056.803.06$1,699,747
Feb 201926,69131,26550.852.79$1,444,536
Jan 201935,49639,55246.033.23$1,761,562
Dec 201843,03347,58946.594.19$2,204,088
Nov 201853,01352,36952.934.24$3,027,878
Oct 201865,40353,32161.443.40$4,199,549
Sep 201850,73443,34959.543.11$3,155,431
Aug 20184,4503,70359.403.07$275,685

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                5,347 bbl  × $106.41 =   $568,974
Casinghead gas    26,487 Mcf  × $  3.05 =    $80,675

────────────────────────────────────────────────────
Month total                                 $649,649

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/50932 is the state's own key, not one this site invented.