NEWTON 5G

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 50972District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$28.4 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.5 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
OilDisposition422,175 bbl$25,956,099
Casinghead gasProduction704,229 Mcf$2,476,430
Total$28,432,528

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 32.3760, -101.4909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37598, -101.49091 · 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
7,482 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 7,482 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-227392653HJ7,482 ftApr 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 (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 20261,2684,239106.413.05$147,839
Apr 20261,1493,73498.932.87$124,386
Mar 20269143,32489.753.15$92,500
Feb 20265411,76463.503.75$40,969
Jan 20264941,68859.138.00$42,711
Dec 20258703,18756.664.41$63,360
Nov 20252,69713,96158.593.93$212,834
Oct 20252,6577,97359.383.30$184,122
Sep 20252,83314,47162.743.08$222,269
Aug 20251,5876,78563.933.01$121,912
Jul 20251,4557,46166.743.32$121,841
Jun 20251,2816,88666.483.13$106,705
May 20251,5227,54860.553.23$116,555
Apr 20251,5957,21762.363.54$125,035
Mar 20252,3086,81067.704.27$185,319
Feb 20252,5816,52070.884.34$211,244
Jan 20252,7877,28374.324.28$238,291
Dec 20242,7907,40368.993.12$215,590
Nov 20242,4997,11269.052.20$188,191
Oct 20242,8356,48071.372.28$217,117
Sep 20242,4145,54669.612.36$181,151
Aug 20243,2516,23575.632.06$258,740
Jul 20242,0293,90179.932.15$170,552
Jun 20242,2395,03278.082.63$188,075
May 20246841,04778.812.20$56,208
Apr 20249001,26784.451.66$78,107
Mar 202482285780.301.55$67,331
Feb 202477621576.091.78$59,429
Jan 20247651,66373.023.30$61,344
Dec 20239921,46671.262.61$74,517
Nov 202345936677.892.81$36,779
Oct 202315085.443.09$1,282
Sep 202325542189.042.74$23,857
Aug 20231,1001,64980.522.67$92,980
Jul 20231,6914,32674.852.64$138,000
Jun 20231,4384,33668.962.26$108,957
May 20231,3424,18870.622.23$104,100
Apr 20231,7685,73578.122.24$150,950
Mar 20232,8808,88472.852.39$231,069
Feb 20233,1187,91175.112.47$253,699
Jan 20232,4336,05876.533.39$206,720
Dec 20221,9876,43476.415.73$188,688
Nov 20228022,88385.005.65$84,448
Oct 20223,1127,67087.185.86$316,279
Sep 20223,2658,56084.888.16$347,014
Aug 20222,4048,74594.529.13$307,043
Jul 20222,5106,792101.587.54$306,192
Jun 20222,9777,633115.097.98$403,513
May 20223,1367,968109.378.43$410,179
Apr 20223,2598,069104.226.84$394,826
Mar 20223,5647,999108.885.08$428,654
Feb 20223,0717,03091.054.86$313,772
Jan 20223,4617,84781.844.54$318,855
Dec 20213,6138,02171.323.90$288,954
Nov 20213,9688,71677.435.24$352,887
Oct 20213,8618,47679.795.71$356,500
Sep 20213,9937,91169.865.35$321,282
Aug 20214,5718,52466.024.22$337,754
Jul 20214,9608,44570.783.98$384,697
Jun 20214,2047,67769.493.38$318,089
May 20213,2884,42163.483.02$222,063
Apr 20211,4481,94760.362.76$92,772
Mar 20216,9009,32661.302.72$448,308
Feb 20214,4964,55357.805.55$285,129
Jan 20215,8015,99450.412.81$309,273
Dec 20203,2051,83044.642.68$147,967
Nov 20201,29735938.772.71$51,256
Oct 202098526236.972.48$37,065
Sep 202019515237.091.99$7,535
Aug 202030744139.982.39$13,326
Jul 20201,9214,41838.371.83$81,772
Jun 20206,37013,47634.901.69$245,092
May 20204,41210,14216.921.81$93,056
Apr 20206,11713,97914.751.80$115,449
Mar 20206,95915,93630.341.86$240,717
Feb 20206,73814,27349.881.98$364,362
Jan 20207,74815,03757.252.09$475,072
Dec 20197,57611,36459.012.30$473,247
Nov 20196,1029,82855.302.75$364,474
Oct 20196,83810,55153.472.42$391,146
Sep 20197,47410,04955.052.66$438,147
Aug 20192,7933,19653.112.30$155,701
Jul 20196,0227,51656.272.46$357,348
Jun 20197,6999,46252.782.49$429,925
May 20198,33011,12258.482.74$517,616
Apr 20198,63311,03362.632.75$571,033
Mar 20198,87011,07756.803.06$537,735
Feb 20199,05511,20550.852.79$491,734
Jan 201911,96314,87146.033.23$598,663
Dec 201813,02015,86546.594.19$673,004
Nov 201814,64218,52752.934.24$853,504
Oct 201816,91519,82461.443.40$1,106,621
Sep 201820,40620,27159.543.11$1,277,976
Aug 201822,20215,22159.403.07$1,365,475
Jul 201818,38812,32365.142.93$1,233,924
Jun 201820,36812,37260.183.08$1,263,814
May 20185,9403,64665.382.90$398,934
Apr 201801163.842.90$32

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                1,268 bbl  × $106.41 =   $134,928
Casinghead gas     4,239 Mcf  × $  3.05 =    $12,911

────────────────────────────────────────────────────
Month total                                 $147,839

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/50972 is the state's own key, not one this site invented.