DAVIDSON 23C

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 51938District 08Field 85280300OilCasinghead gasSave
Value, all time
$98.6 M
Feb 2019 – May 2026
Value, last 12 filed months
$6.8 M
at the published price for each month
Months reported
88
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,313,281 bbl$75,876,216
Casinghead gasProduction7,301,989 Mcf$22,679,937
Total$98,556,153

Wells on this lease (4)

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 31.6956, -102.0879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.69572, -102.08794 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
9,163 ft
4 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.
4100.0%

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 8,354 and 9,710 ft, median 9,163 ft, over the 4 wells that filed a depth.

Completions filed
Feb 2019
4 of 4 wells

4 wells

42-329428279HM9,710 ftFeb 2019
42-3294282810HJ9,397 ftFeb 2019
42-3294282911HE8,928 ftFeb 2019
42-3294283012HC8,354 ftFeb 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 (88)

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

88 months

May 20262,650155,558106.413.05$755,791
Apr 20262,71795,05398.932.87$541,568
Mar 20265,23984,87989.753.15$737,522
Feb 20262,52778,49163.503.75$454,831
Jan 20262,85571,38759.138.00$739,764
Dec 20252,98377,07656.664.41$509,181
Nov 20252,89682,88658.593.93$495,124
Oct 20253,15886,98959.383.30$475,007
Sep 20253,27486,44862.743.08$471,404
Aug 20253,44392,24263.933.01$498,198
Jul 20253,94695,81466.743.32$580,999
Jun 20254,08489,67466.483.13$552,069
May 20254,17092,40560.553.23$551,176
Apr 20252,26641,00762.363.54$286,600
Mar 20253,29374,75267.704.27$542,002
Feb 20253,61370,61370.884.34$562,609
Jan 20253,78869,54774.324.28$579,094
Dec 20243,74771,49868.993.12$481,677
Nov 20243,83177,84169.052.20$435,659
Oct 20244,04474,90671.372.28$459,511
Sep 20244,05174,41869.612.36$457,941
Aug 20244,18077,67975.632.06$476,434
Jul 20244,44671,36979.932.15$508,569
Jun 20242,81558,72678.082.63$374,478
May 20243,79472,04178.812.20$457,383
Apr 20243,98678,29984.451.66$466,531
Mar 20244,85682,79580.301.55$517,866
Feb 20244,86679,17676.091.78$511,475
Jan 20244,68874,75673.023.30$588,838
Dec 20234,95179,59771.262.61$560,614
Nov 20235,91986,95877.892.81$705,171
Oct 20235,66193,07585.443.09$771,024
Sep 20235,64186,67689.042.74$739,337
Aug 20235,41385,51080.522.67$664,413
Jul 20234,78980,41674.852.64$570,900
Jun 20234,30174,59968.962.26$465,077
May 20234,62692,76070.622.23$533,302
Apr 20235,11688,82078.122.24$598,420
Mar 20236,34581,41372.852.39$657,068
Feb 20234,86050,79675.112.47$490,281
Jan 20235,81359,62576.533.39$646,862
Dec 20225,58958,09076.415.73$759,858
Nov 20226,87458,62185.005.65$915,276
Oct 20226,88456,78387.185.86$933,109
Sep 20226,72750,43484.888.16$982,715
Aug 20227,40357,30194.529.13$1,222,727
Jul 20227,73558,697101.587.54$1,228,419
Jun 20227,24249,630115.097.98$1,229,390
May 20227,40451,992109.378.43$1,248,226
Apr 20228,20254,723104.226.84$1,228,986
Mar 20228,85954,499108.885.08$1,241,227
Feb 20227,95140,56591.054.86$921,037
Jan 20228,07940,89081.844.54$846,731
Dec 20219,35542,30171.323.90$832,135
Nov 202110,69134,45077.435.24$1,008,214
Oct 20218,01519,66179.795.71$751,857
Sep 20217,27915,20169.865.35$589,850
Aug 20214,6435,53066.024.22$329,871
Jul 20211,3541,22370.783.98$100,706
Jun 20218,09744,69169.493.38$713,744
May 202115,91491,28663.483.02$1,285,692
Apr 202115,67276,66960.362.76$1,157,447
Mar 202114,43659,31761.302.72$1,046,088
Feb 202110,94867,70157.805.55$1,008,396
Jan 202116,73193,43450.412.81$1,105,984
Dec 202017,56690,78344.642.68$1,027,033
Nov 202018,05391,40738.772.71$947,314
Oct 202019,17397,49736.972.48$950,465
Sep 202019,569100,76737.091.99$926,445
Aug 202020,957104,86639.982.39$1,087,977
Jul 202021,682112,73638.371.83$1,037,695
Jun 202024,830123,14534.901.69$1,074,720
May 202028,329133,35916.921.81$721,340
Apr 202028,384129,93214.751.80$653,111
Mar 202031,359132,96130.341.86$1,198,238
Feb 202029,544120,27249.881.98$1,711,874
Jan 202034,260131,94057.252.09$2,237,765
Dec 201937,422138,82959.012.30$2,528,184
Nov 201940,568140,72655.302.75$2,630,505
Oct 201947,737152,50853.472.42$2,921,344
Sep 201949,929156,21855.052.66$3,163,706
Aug 201958,167159,06253.112.30$3,455,785
Jul 201969,558165,50556.272.46$4,321,181
Jun 201974,026163,66752.782.49$4,314,820
May 201984,324155,87758.482.74$5,358,420
Apr 201985,930110,09162.632.75$5,684,623
Mar 201989,048103,05956.803.06$5,373,503
Feb 20191,1414,52350.852.79$70,649

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                2,650 bbl  × $106.41 =   $281,987
Casinghead gas   155,558 Mcf  × $  3.05 =   $473,805

────────────────────────────────────────────────────
Month total                                 $755,791

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/51938 is the state's own key, not one this site invented.