SPANISH TRAIL HZ UNIT

Operated by COG OPERATING LLC (P-5 166150) 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 51948District 08Field 85280300OilCasinghead gasSave
Value, all time
$166.6 M
Sep 2018 – May 2026
Value, last 12 filed months
$17.2 M
at the published price for each month
Months reported
92
1 month not filed
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
OilDisposition2,179,099 bbl$146,970,846
Casinghead gasProduction5,542,594 Mcf$19,591,599
Total$166,562,446

Wells on this lease (20)

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 31.9763, -102.1759. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.0 miles.

31.96957, -102.17650 · 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 20 wells
With a plug date
0.0%
0 of 20 wells
Median depth
9,445 ft
20 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.
20100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 20 of 20 wells. Median 9,445 ft, with the middle half between 9,166 and 9,638 ft; the shallowest is 8,471 ft and the deepest 9,847 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

10s

Last completion by decade, 20 of 20 wells, Aug 2014 – Dec 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 2014 – Dec 2019
20 of 20 wells

20 wells

42-32943249303AH9,626 ftDec 2019
42-32943248302LH9,362 ftDec 2019
42-32943247301SH9,207 ftDec 2019
42-329421922192H9,672 ftSep 2018
42-329421912191H9,528 ftSep 2018
42-329422283831H9,180 ftSep 2018
42-329422293832H9,108 ftSep 2018
42-329414833331H9,725 ftOct 2017
42-32940209218WA9,575 ftOct 2017
42-32940210218WB9,798 ftOct 2017
42-32940197228LS9,038 ftSep 2016
42-32940196229WB9,847 ftSep 2016
42-32940198228WA9,560 ftSep 2016
42-32940195229LS9,024 ftSep 2016
42-32940265217H9,214 ftJan 2016
42-32939170217WD9,620 ftDec 2015
42-32939302218LS9,176 ftOct 2014
42-32939303218MS8,471 ftOct 2014
42-32939169217WB9,800 ftAug 2014
42-32939167217LS9,134 ftAug 2014

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 202616,67466,892106.413.05$1,978,023
Apr 202615,63163,10298.932.87$1,727,460
Mar 202616,59763,36489.753.15$1,689,142
Feb 202616,45162,15663.503.75$1,277,743
Jan 202615,91764,65959.138.00$1,458,310
Dec 202517,63462,17156.664.41$1,273,525
Nov 202515,96856,94958.593.93$1,159,172
Oct 202516,57862,32659.383.30$1,190,379
Sep 202517,11165,47662.743.08$1,275,009
Aug 202518,83870,37863.933.01$1,416,486
Jul 202518,10268,93866.743.32$1,436,671
Jun 202516,48162,52566.483.13$1,291,280
May 202518,97473,74860.553.23$1,387,253
Apr 202515,80788,45762.363.54$1,299,138
Mar 202517,84097,18867.704.27$1,622,597
Feb 202514,14881,92970.884.34$1,358,451
Jan 202516,39887,48374.324.28$1,593,011
Dec 202417,44775,68268.993.12$1,439,900
Nov 202419,22682,94369.052.20$1,509,901
Oct 202422,906102,00871.372.28$1,867,522
Sep 202420,80186,59369.612.36$1,652,695
Aug 202423,057100,63475.632.06$1,951,472
Jul 202423,87784,75279.932.15$2,090,416
Jun 202419,88480,69178.082.63$1,765,081
May 202422,20975,37478.812.20$1,915,997
Apr 202422,65772,07684.451.66$2,032,972
Mar 202423,79180,21880.301.55$2,034,365
Feb 202421,46876,79976.091.78$1,770,482
Jan 202421,96076,87573.023.30$1,857,027
Dec 202325,71681,74071.262.61$2,045,922
Nov 202325,68287,40977.892.81$2,245,777
Oct 202326,59790,08285.443.09$2,550,556
Sep 202325,44983,60389.042.74$2,494,637
Aug 202325,58590,80080.522.67$2,302,802
Jul 202327,70290,12474.852.64$2,311,584
Jun 202325,24676,19068.962.26$1,913,038
May 202326,49973,06170.622.23$2,034,095
Apr 202328,48685,07578.122.24$2,415,704
Mar 202327,54183,57372.852.39$2,206,365
Feb 202325,17362,93475.112.47$2,045,919
Jan 202330,43776,74876.533.39$2,589,344
Dec 202227,52269,10776.415.73$2,498,876
Nov 202231,43275,54785.005.65$3,098,273
Oct 202232,54680,31287.185.86$3,308,291
Sep 202230,39477,07284.888.16$3,209,034
Aug 202235,05691,46894.529.13$4,148,336
Jul 202236,77783,874101.587.54$4,368,392
Jun 202240,73883,235115.097.98$5,352,519
May 202214,05431,182109.378.43$1,800,045
Apr 202231,50267,448104.226.84$3,744,321
Mar 202223,68658,880108.885.08$2,877,830
Feb 202223,81857,62491.054.86$2,448,615
Jan 202227,46166,16381.844.54$2,547,635
Dec 202126,26663,26571.323.90$2,119,969
Nov 202126,56359,46077.435.24$2,368,156
Oct 202124,96152,27679.795.71$2,290,336
Sep 202126,11950,57269.865.35$2,095,280
Aug 202126,72750,87766.024.22$1,979,248
Jul 202125,60844,74170.783.98$1,990,696
Jun 202125,19151,74669.493.38$1,925,456
May 202128,47655,45463.483.02$1,974,998
Apr 202128,75450,73860.362.76$1,875,548
Mar 202132,99348,54261.302.72$2,154,357
Feb 202122,36428,26657.805.55$1,449,458
Jan 202127,26450,45250.412.81$1,516,162
Dec 202026,47033,71144.642.68$1,271,813
Nov 202030,40840,18238.772.71$1,287,674
Oct 202032,00739,91936.972.48$1,282,235
Sep 202034,35544,21437.091.99$1,362,259
Aug 202033,44133,33539.982.39$1,416,478
Jul 202032,35844,40838.371.83$1,322,626
Jun 202029,90141,62634.901.69$1,113,906
May 202028,91538,68216.921.81$559,440
Apr 202035,14347,81414.751.80$604,634
Mar 202039,97656,27130.341.86$1,317,324
Feb 202037,50349,20249.881.98$1,968,103
Jan 202037,72654,85357.252.09$2,274,716
Dec 201934,83848,26959.012.30$2,167,020
Nov 201933,66052,70555.302.75$2,006,374
Oct 201950,21487,75053.472.42$2,897,169
Sep 201952,775101,26755.052.66$3,174,359
Aug 201958,12592,51853.112.30$3,300,214
Jul 20197471,38756.272.46$45,446
Jun 20198231,39052.782.49$46,901
May 20198251,14258.482.74$51,375
Apr 20191,2101,58062.632.75$80,128
Mar 20191,6351,94256.803.06$98,815
Feb 20191,2981,38050.852.79$69,857
Jan 20191,2501,69346.033.23$63,003
Nov 20181,9252,38452.934.24$111,992
Oct 201875494461.443.40$49,534
Sep 20180059.543.11$0

Not filed, and not zero: Dec 2018. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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               16,674 bbl  × $106.41 = $1,774,280
Casinghead gas    66,892 Mcf  × $  3.05 =   $203,742

────────────────────────────────────────────────────
Month total                               $1,978,023

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/51948 is the state's own key, not one this site invented.