MineralRecord
Log inSign up

EICOFF 29

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) 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 51803District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$32.6 M
Dec 2018 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
90
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
OilDisposition468,969 bbl$28,527,139
Casinghead gasProduction1,282,246 Mcf$4,038,487
Total$32,565,626

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 31.9658, -101.8034. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96584, -101.80343 · 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
8,909 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 8,909 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-329426011H8,909 ftJan 2019——

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 (90)

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

90 months

May 20261,92312,620106.413.05$243,065
Apr 20261,81011,15898.932.87$211,084
Mar 20261,91112,25089.753.15$210,093
Feb 20261,87611,61963.503.75$162,701
Jan 20261,65210,84759.138.00$184,436
Dec 20252,00711,73956.664.41$165,525
Nov 20252,11413,49758.593.93$176,854
Oct 20251,98812,67759.383.30$159,943
Sep 20251,96417,75762.743.08$177,858
Aug 20252,25716,00063.933.01$192,526
Jul 20252,35116,50466.743.32$211,620
Jun 20252,14315,11166.483.13$189,745
May 20252,23017,11360.553.23$190,341
Apr 20252,16015,03662.363.54$187,972
Mar 20252,33514,34667.704.27$219,313
Feb 20251,77710,20170.884.34$170,235
Jan 20252,1958,27174.324.28$198,521
Dec 20242,25115,75568.993.12$204,474
Nov 20242,28816,05169.052.20$193,274
Oct 20242,43017,59071.372.28$213,559
Sep 20242,20115,30469.612.36$189,396
Aug 20242,34116,50575.632.06$211,110
Jul 20242,59615,87579.932.15$241,575
Jun 20242,3768,36278.082.63$207,543
May 20242,76412,60078.812.20$245,531
Apr 20242,76314,03684.451.66$256,624
Mar 20241,2774,69180.301.55$109,791
Feb 20242,45412,54876.091.78$209,106
Jan 20241,5448,08273.023.30$139,395
Dec 20232,44011,80371.262.61$204,689
Nov 20232,8679,28477.892.81$249,376
Oct 20232,76413,31085.443.09$277,248
Sep 20233,02512,97389.042.74$304,828
Aug 20233,03218,56380.522.67$293,753
Jul 20233,38718,58174.852.64$302,604
Jun 20233,09515,41768.962.26$248,250
May 20233,35515,81970.622.23$272,165
Apr 20233,43119,01878.122.24$310,587
Mar 20233,88717,05972.852.39$323,993
Feb 20233,40112,37775.112.47$285,967
Jan 20233,64511,82276.533.39$319,001
Dec 20223,07413,77176.415.73$313,780
Nov 20224,0074,42085.005.65$365,551
Oct 20223,89515,45687.185.86$430,196
Sep 20223,9748,62184.888.16$407,692
Aug 20224,39912,76894.529.13$532,329
Jul 20221,4433,279101.587.54$171,310
Jun 20223,4318,356115.097.98$461,531
May 20224,45512,663109.378.43$594,031
Apr 20224,48511,985104.226.84$549,375
Mar 20224,4009,478108.885.08$527,186
Feb 20223,8068,40691.054.86$387,380
Jan 20224,3216,44781.844.54$382,885
Dec 20213,9935,46271.323.90$306,078
Nov 20214,0514,18077.435.24$335,559
Oct 20213,9732,71279.795.71$332,502
Sep 20214,1242,64169.865.35$302,234
Aug 20215,0652,60066.024.22$345,365
Jul 202128311970.783.98$20,505
Jun 20213,3229,57769.493.38$263,222
May 20215,58917,07263.483.02$406,307
Apr 20215,65616,04360.362.76$385,649
Mar 20216,06016,77061.302.72$417,041
Feb 20215,11213,61057.805.55$370,981
Jan 20216,14115,82650.412.81$354,043
Dec 20206,44616,64244.642.68$332,274
Nov 20206,25114,30738.772.71$281,074
Oct 20206,72015,46936.972.48$286,777
Sep 20207,02914,01237.091.99$288,604
Aug 20207,20924,67839.982.39$347,075
Jul 20207,8165,31738.371.83$309,604
Jun 2020281,34934.901.69$3,257
May 20207,64820,24716.921.81$166,147
Apr 20207,62019,06214.751.80$146,790
Mar 20208,55821,44730.341.86$299,460
Feb 20208,42215,62249.881.98$451,031
Jan 20209,37424,33257.252.09$587,631
Dec 20199,93823,46859.012.30$640,520
Nov 201910,43826,66455.302.75$650,566
Oct 20199,81324,46953.472.42$583,880
Sep 201912,06330,91455.052.66$746,215
Aug 201913,09228,45053.112.30$760,875
Jul 201914,41330,42856.272.46$885,874
Jun 201915,42924,38152.782.49$875,081
May 201918,59929,75558.482.74$1,169,208
Apr 201919,61427,50862.632.75$1,304,091
Mar 201921,52821,74356.803.06$1,289,370
Feb 201920,72819,59550.852.79$1,108,732
Jan 201920,82719,95446.033.23$1,023,082
Dec 20180046.594.19$0

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                1,923 bbl  × $106.41 =   $204,626
Casinghead gas    12,620 Mcf  × $  3.05 =    $38,439

────────────────────────────────────────────────────
Month total                                 $243,065

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/51803 is the state's own key, not one this site invented.