PANTHER WEST UNIT

Operated by APACHE CORPORATION (P-5 27200) 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 51470District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$98.0 M
Oct 2018 – May 2026
Value, last 12 filed months
$17.2 M
at the published price for each month
Months reported
92
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
OilDisposition1,250,268 bbl$90,207,665
Casinghead gasProduction2,408,227 Mcf$7,775,688
Total$97,983,353

Wells on this lease (7)

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 32.2967, -101.4444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.29678, -101.44437 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
7,433 ft
7 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.
7100.0%

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 6,974 and 7,450 ft, median 7,433 ft, over the 7 wells that filed a depth.

Completions filed
Oct 2018 – Aug 2023
7 of 7 wells

7 wells

42-2274212115SH6,975 ftAug 2023
42-227421227AH7,448 ftAug 2023
42-2274212314SH6,974 ftAug 2023
42-227421246AH7,433 ftAug 2023
42-227421285AH7,446 ftAug 2023
42-2274212913SH6,989 ftAug 2023
42-227394488AH7,450 ftOct 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 (92)

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

92 months

May 202612,97262,970106.413.05$1,572,147
Apr 202616,14178,76298.932.87$1,822,854
Mar 202617,87486,36789.753.15$1,876,199
Feb 202616,57574,64863.503.75$1,332,466
Jan 202619,33073,51359.138.00$1,730,934
Dec 202519,55268,01856.664.41$1,408,004
Nov 202517,53253,74058.593.93$1,238,207
Oct 202516,56056,20159.383.30$1,169,068
Sep 202516,93556,59762.743.08$1,236,646
Aug 202517,20166,11363.933.01$1,298,975
Jul 202515,94859,91966.743.32$1,263,013
Jun 202516,37249,94266.483.13$1,244,665
May 202516,15248,14260.553.23$1,133,614
Apr 202516,97045,25162.363.54$1,218,579
Mar 202519,95150,37567.704.27$1,565,699
Feb 202518,52640,07270.884.34$1,487,069
Jan 202519,98729,76874.324.28$1,612,802
Dec 202411,47723,20168.993.12$864,217
Nov 20248,85614,86469.052.20$644,184
Oct 20249,84912,72471.372.28$731,952
Sep 202412,55321,80269.612.36$925,362
Aug 202416,51822,83375.632.06$1,296,375
Jul 202425,34448,53079.932.15$2,129,920
Jun 202417,49636,51678.082.63$1,462,270
May 202412,93132,06778.812.20$1,089,589
Apr 202434,49684,05684.451.66$3,052,653
Mar 202441,63991,54780.301.55$3,485,064
Feb 202443,73489,61176.091.78$3,487,554
Jan 202451,37093,91373.023.30$4,060,731
Dec 202358,74195,21271.262.61$4,434,456
Nov 202369,997100,06777.892.81$5,733,010
Oct 2023103,891107,99485.443.09$9,209,855
Sep 2023110,12968,18089.042.74$9,992,361
Aug 20236,9458,47380.522.67$581,859
Jul 20231,5011,59374.852.64$116,558
Jun 20231,9722,35468.962.26$141,306
May 20232,2022,90470.622.23$161,974
Apr 20232,3903,32878.122.24$194,154
Mar 20232,5693,82572.852.39$196,305
Feb 20232,3783,56175.112.47$187,392
Jan 20232,1073,31976.533.39$172,493
Dec 20222,2513,10976.415.73$189,811
Nov 20222,4103,37185.005.65$223,883
Oct 20222,4533,46687.185.86$234,176
Sep 20222,2203,07684.888.16$213,545
Aug 20222,3954,51394.529.13$267,566
Jul 20223,1668,443101.587.54$385,280
Jun 20223,75610,823115.097.98$518,615
May 20224,24311,867109.378.43$564,132
Apr 20224,0379,960104.226.84$488,839
Mar 20224,2678,209108.885.08$506,263
Feb 20223,4415,68391.054.86$340,916
Jan 20224,0606,03181.844.54$359,637
Dec 20213,7695,29771.323.90$289,459
Nov 20212,9224,62477.435.24$250,466
Oct 20213,6965,32779.795.71$325,342
Sep 20214,3476,36969.865.35$337,761
Aug 20214,8805,24766.024.22$344,323
Jul 20214,6404,03670.783.98$344,491
Jun 20212,6332,47569.493.38$191,334
May 20211,6761,00163.483.02$109,413
Apr 20215,5905,79760.362.76$353,403
Mar 20215,1715,33861.302.72$331,485
Feb 20212,6213,61857.805.55$171,566
Jan 20214,1235,45150.412.81$223,159
Dec 20203,8916,35344.642.68$190,691
Nov 20203,7345,09438.772.71$158,554
Oct 20203,9354,01836.972.48$155,435
Sep 20204,4083,99037.091.99$171,437
Aug 20203,1132,39139.982.39$130,161
Jul 2020324138.371.83$12,434
Jun 20202,0545,65534.901.69$81,243
May 20203,67310,18816.921.81$80,636
Apr 20203,69410,20814.751.80$72,906
Mar 20204,04110,75830.341.86$142,573
Feb 20204,8269,93649.881.98$260,401
Jan 20205,28210,95957.252.09$325,351
Dec 20195,59812,54259.012.30$359,239
Nov 20196,35312,14855.302.75$384,736
Oct 20198,30114,14453.472.42$478,062
Sep 20198,67713,73955.052.66$514,177
Aug 20199,15614,46853.112.30$519,615
Jul 20199,83314,59256.272.46$589,200
Jun 201910,30115,21852.782.49$581,598
May 201911,10615,99658.482.74$693,313
Apr 201912,00616,91462.632.75$798,461
Mar 201913,45918,05256.803.06$819,748
Feb 201915,50017,99050.852.79$838,407
Jan 201917,49120,43646.033.23$871,082
Dec 201819,61916,24746.594.19$982,050
Nov 201829,46319,50552.934.24$1,642,124
Oct 2018068261.443.40$2,317

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               12,972 bbl  × $106.41 = $1,380,351
Casinghead gas    62,970 Mcf  × $  3.05 =   $191,797

────────────────────────────────────────────────────
Month total                               $1,572,147

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/51470 is the state's own key, not one this site invented.