LEONARD REVOCABLE TRUST UNIT 1

Operated by XTO ENERGY INC. (P-5 945936) 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 51218District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$118.7 M
Jul 2018 – May 2026
Value, last 12 filed months
$82.6 M
at the published price for each month
Months reported
95
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
OilDisposition1,573,119 bbl$102,933,872
Casinghead gasProduction4,234,112 Mcf$15,769,248
Total$118,703,121

Wells on this lease (8)

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 31.7189, -101.9891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.71907, -101.98877 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
9,271 ft
8 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.
8100.0%

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

Total depth in feet, 8 of 8 wells. Median 9,271 ft, with the middle half between 8,477 and 9,717 ft; the shallowest is 8,457 ft and the deepest 9,868 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Dec 2017 – Apr 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 2017 – Apr 2025
8 of 8 wells

8 wells

42-329469722301BH9,744 ftApr 2025
42-329469752372JH8,457 ftApr 2025
42-329469702313AH9,253 ftApr 2025
42-329469732311AH9,289 ftApr 2025
42-329469762302BH9,708 ftApr 2025
42-329469672374JH8,461 ftApr 2025
42-329469692373JH8,482 ftApr 2025
42-329406552304BH9,868 ftDec 2017

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 (95)

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

95 months

May 202651,028264,685106.413.05$6,236,078
Apr 202656,918277,62498.932.87$6,427,601
Mar 202667,887296,40989.753.15$7,026,381
Feb 202670,097261,60263.503.75$5,432,251
Jan 202676,751309,58559.138.00$7,014,323
Dec 202595,132290,55956.664.41$6,672,521
Nov 202596,639246,34758.593.93$6,629,346
Oct 2025104,864238,21959.383.30$7,014,100
Sep 2025110,955185,48962.743.08$7,532,052
Aug 202589,508179,30763.933.01$6,262,814
Jul 2025107,555156,21766.743.32$7,696,111
Jun 2025122,021158,36966.483.13$8,607,448
May 2025175,986192,44160.553.23$11,277,983
Apr 202560,70077,03862.363.54$4,058,207
Mar 2025098267.704.27$4,191
Feb 20251910,58370.884.34$47,286
Jan 20254261,75674.324.28$39,174
Dec 202448514968.993.12$33,925
Nov 20241,1704,44869.052.20$90,567
Oct 20241,3915,93871.372.28$112,823
Sep 20241,4095,77569.612.36$111,735
Aug 20241,2965,58275.632.06$109,536
Jul 20247593,40079.932.15$67,965
Jun 20242461,69078.082.63$23,659
May 20241801878.812.20$14,225
Apr 202410043984.451.66$9,173
Mar 20246653,62180.301.55$58,994
Feb 20241,0975,28276.091.78$92,892
Jan 20241,2935,97873.023.30$114,128
Dec 20231,4816,49571.262.61$122,493
Nov 20231,2203,37877.892.81$104,510
Oct 20239977,71385.443.09$108,996
Sep 20239119,21489.042.74$106,316
Aug 20231,11314,75780.522.67$129,062
Jul 20231,21815,84174.852.64$133,016
Jun 20231,40715,75068.962.26$132,598
May 20231,62914,79870.622.23$148,001
Apr 20231,66113,03978.122.24$158,935
Mar 20231,98910,99972.852.39$171,221
Feb 20235091,83875.112.47$42,763
Jan 20239243,57176.533.39$82,811
Dec 20221,41011,58676.415.73$174,115
Nov 20222,10217,88485.005.65$279,647
Oct 20222,20916,04387.185.86$286,653
Sep 20222,70018,36984.888.16$379,135
Aug 20223,39121,03394.529.13$512,489
Jul 20222,58113,407101.587.54$363,295
Jun 20223595,570115.097.98$85,750
May 20221,99918,774109.378.43$376,953
Apr 20221,83910,798104.226.84$265,493
Mar 20222,02511,585108.885.08$279,292
Feb 20221,1958,86191.054.86$151,859
Jan 20222,27416,94581.844.54$262,995
Dec 20212,53317,45571.323.90$248,713
Nov 20211,9509,57177.435.24$201,110
Oct 20212,34212,32079.795.71$257,263
Sep 20212,56913,91669.865.35$253,934
Aug 20212,68513,80666.024.22$235,533
Jul 20212,22013,74970.783.98$211,881
Jun 20212,52315,64369.493.38$228,206
May 20212,85115,32463.483.02$227,224
Apr 20212,80011,93060.362.76$201,916
Mar 20212,7379,54561.302.72$193,711
Feb 20211,4105,44757.805.55$111,718
Jan 20212,37218,03950.412.81$170,267
Dec 20203,73821,62144.642.68$224,710
Nov 20203,52723,13538.772.71$199,358
Oct 20203,46422,87036.972.48$184,746
Sep 20203,41325,22337.091.99$176,808
Aug 20204,03328,71939.982.39$229,737
Jul 20204,09526,05938.371.83$204,686
Jun 20204,77928,63234.901.69$215,184
May 20204,90025,29416.921.81$128,810
Apr 20202,50415,67714.751.80$65,221
Mar 20205,73933,15330.341.86$235,661
Feb 20206,02124,12649.881.98$348,113
Jan 20207,20226,69857.252.09$468,240
Dec 20197,47328,43559.012.30$506,506
Nov 20197,88725,80555.302.75$507,133
Oct 20198,55726,54053.472.42$521,731
Sep 20199,61523,85455.052.66$592,693
Aug 20194,18215,75753.112.30$258,416
Jul 20199,18312,61356.272.46$547,756
Jun 201910,37613,31252.782.49$580,808
May 20198,75312,40358.482.74$545,864
Apr 20194,7806,84762.632.75$318,205
Mar 20197596,74056.803.06$63,750
Feb 20198421,80450.852.79$47,853
Jan 201926046.033.23$1,197
Dec 20182,3132,85546.594.19$119,712
Nov 201818,46625,50252.934.24$1,085,463
Oct 201815,18522,29361.443.40$1,008,720
Sep 201813,00122,62159.543.11$844,386
Aug 201815,11323,78859.403.07$970,660
Jul 201818,48127,21165.142.93$1,283,632

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               51,028 bbl  × $106.41 = $5,429,889
Casinghead gas   264,685 Mcf  × $  3.05 =   $806,188

────────────────────────────────────────────────────
Month total                               $6,236,078

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/51218 is the state's own key, not one this site invented.