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RYAN C

Operated by HIBERNIA RESOURCES IV, LLC (P-5 101969) 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 50987District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$29.3 M
Feb 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
100
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition392,603 bbl$24,151,657
Casinghead gasProduction1,500,819 Mcf$5,137,809
Total$29,289,466

Wells on this lease (2)

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 32.3975, -101.4647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39748, -101.46467 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,350 ft
2 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.
2100.0%

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 7,150 and 7,550 ft, median 7,350 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2018
2 of 2 wells

2 wells

42-227391613SH7,150 ftFeb 2018——
42-227392233AH7,550 ftFeb 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 (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 20261,2926,011106.413.05$155,790
Apr 20261,3867,03998.932.87$157,317
Mar 20261,3137,56689.753.15$141,670
Feb 20261,2034,50163.503.75$93,271
Jan 20269966,27659.138.00$109,088
Dec 20251,2356,53256.664.41$98,803
Nov 20251,2945,24258.593.93$96,398
Oct 20251,05345159.383.30$64,018
Sep 202590838062.743.08$58,137
Aug 202594018263.933.01$60,643
Jul 20251,0411,31166.743.32$73,823
Jun 20253781,04066.483.13$28,383
May 202540076460.553.23$26,689
Apr 20251103362.363.54$6,977
Mar 202511411967.704.27$8,226
Feb 20254215070.884.34$3,628
Jan 2025752,39874.324.28$15,834
Dec 20240068.993.12$0
Nov 2024814569.052.20$5,692
Oct 202477911,48171.372.28$81,790
Sep 20242402,01269.612.36$21,463
Aug 202410729175.632.06$8,693
Jul 2024137079.932.15$10,950
Jun 202426450178.082.63$21,933
May 20246329,57778.812.20$70,862
Apr 20241,11313,60684.451.66$116,568
Mar 20241,09213,72980.301.55$108,901
Feb 202492212,26976.091.78$92,038
Jan 202482416,42573.023.30$114,333
Dec 202369714,74371.262.61$88,158
Nov 202371513,19577.892.81$92,737
Oct 20231,13719,65685.443.09$157,829
Sep 20231,01918,69489.042.74$141,861
Aug 20231,00916,45880.522.67$125,235
Jul 20231,22020,68074.852.64$145,949
Jun 20231,17316,58868.962.26$118,354
May 20231,41819,20670.622.23$142,919
Apr 20231,64421,76378.122.24$177,130
Mar 20231,50624,90072.852.39$169,302
Feb 20231,09914,03575.112.47$117,152
Jan 20231,63221,61276.533.39$198,112
Dec 20221,80220,87376.415.73$257,274
Nov 20222,21520,29685.005.65$302,870
Oct 20222,54620,32987.185.86$341,165
Sep 20221,49416,44984.888.16$261,095
Aug 20222,35620,79294.529.13$412,461
Jul 20221,92315,920101.587.54$315,408
Jun 20222,62817,895115.097.98$445,209
May 20223,02120,440109.378.43$502,778
Apr 20221,72514,436104.226.84$278,487
Mar 20222,02012,778108.885.08$284,804
Feb 20222,06711,99191.054.86$246,463
Jan 20226216,92581.844.54$82,246
Dec 20211,0377,30471.323.90$102,438
Nov 20211,2279,14777.435.24$142,908
Oct 20212672,57179.795.71$35,994
Sep 20211,0349,21969.865.35$121,565
Aug 20213,10419,15466.024.22$285,767
Jul 20213,79527,83370.783.98$379,443
Jun 20216,02731,71669.493.38$526,036
May 20215,71524,59663.483.02$437,011
Apr 20214,75821,22560.362.76$345,740
Mar 20212,75413,17061.302.72$204,602
Feb 20212832,34957.805.55$29,390
Jan 20212,55413,53850.412.81$166,793
Dec 20203,19014,83344.642.68$182,087
Nov 20203,22417,14938.772.71$171,409
Oct 20201,1326,27136.972.48$57,392
Sep 20203,34415,03437.091.99$153,962
Aug 20203,30317,73139.982.39$174,344
Jul 20202,86817,87738.371.83$142,673
Jun 20203,32816,42934.901.69$143,917
May 20203,33215,39216.921.81$84,310
Apr 20202,91412,15314.751.80$64,910
Mar 20203,43012,34330.341.86$126,978
Feb 20202,47412,04549.881.98$147,260
Jan 20203,60514,12457.252.09$235,972
Dec 20194,49319,57359.012.30$310,235
Nov 20194,58519,78555.302.75$307,973
Oct 20194,89821,34053.472.42$313,508
Sep 20193,91219,44955.052.66$267,037
Aug 20195,62421,54253.112.30$348,331
Jul 20195,95021,91856.272.46$388,726
Jun 20196,04721,12052.782.49$371,775
May 20196,37120,29358.482.74$428,185
Apr 20195,75618,82362.632.75$412,275
Mar 20196,34724,92456.803.06$436,829
Feb 20197,62029,08450.852.79$468,686
Jan 20198,55229,29246.033.23$488,208
Dec 20189,12930,90046.594.19$554,650
Nov 20188,73831,35652.934.24$595,365
Oct 201810,78831,68961.443.40$770,496
Sep 201811,98434,56859.543.11$820,965
Aug 201816,40440,44959.403.07$1,098,437
Jul 201818,37638,18465.142.93$1,308,964
Jun 201823,17041,24760.183.08$1,521,284
May 201837,20246,54665.382.90$2,567,287
Apr 201822,85114,01463.842.90$1,499,460
Mar 201834,25820,59361.222.79$2,154,664
Feb 20182,19134261.782.77$136,306

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                1,292 bbl  × $106.41 =   $137,482
Casinghead gas     6,011 Mcf  × $  3.05 =    $18,309

────────────────────────────────────────────────────
Month total                                 $155,790

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/50987 is the state's own key, not one this site invented.