GBT 102

Operated by HIGHPEAK ENERGY HOLDINGS, LLC (P-5 385826) 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 51966District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.0 M
Jan 2019 – May 2026
Value, last 12 filed months
$891 k
at the published price for each month
Months reported
89
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
OilDisposition135,425 bbl$8,346,367
Casinghead gasProduction238,903 Mcf$699,171
Total$9,045,537

Wells on this lease (3)

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 32.1426, -101.3639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.14179, -101.36469 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,750 ft
3 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.
3100.0%

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 9,734 and 9,800 ft, median 9,750 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2019 – Dec 2019
3 of 3 wells

3 wells

42-2274038939,800 ftDec 2019
42-2274003329,734 ftJun 2019
42-2273975919,750 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 (89)

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

89 months

May 20261,5301,707106.413.05$168,007
Apr 20261,1542,08498.932.87$120,146
Mar 20261,0781,89889.753.15$102,728
Feb 20261,2612,63063.503.75$89,937
Jan 20261,3101,04559.138.00$85,818
Dec 2025067956.664.41$2,997
Nov 202518760858.593.93$13,344
Oct 20257781,23959.383.30$50,292
Sep 20256911,93362.743.08$49,301
Aug 202599287363.933.01$66,050
Jul 20258371,20066.743.32$59,840
Jun 20251,1641,56766.483.13$82,285
May 20258332,23160.553.23$57,649
Apr 20251,0552,15362.363.54$73,418
Mar 20251,1752,48367.704.27$90,146
Feb 20257431,23070.884.34$58,003
Jan 20257421,17374.324.28$60,164
Dec 20244121,71368.993.12$33,771
Nov 202498488469.052.20$69,889
Oct 202425392571.372.28$20,167
Sep 20245641,40169.612.36$42,573
Aug 20247782,07575.632.06$63,122
Jul 20248882,58779.932.15$76,531
Jun 20249382,33478.082.63$79,387
May 20241,5181,80778.812.20$123,606
Apr 20241,9843,28984.451.66$173,006
Mar 202469542280.301.55$56,461
Feb 20241,2462,15376.091.78$98,648
Jan 202422682373.023.30$19,216
Dec 20231,02357571.262.61$74,400
Nov 20231,0451,15777.892.81$84,643
Oct 20238611,03585.443.09$76,759
Sep 20231,09896489.042.74$100,403
Aug 20231,0541,42480.522.67$88,674
Jul 20231,2271,55374.852.64$95,944
Jun 20231,2821,21468.962.26$91,149
May 20231,0651,29870.622.23$78,101
Apr 20231,04959178.122.24$83,270
Mar 20238501,59572.852.39$65,740
Feb 20231,1671,87475.112.47$92,274
Jan 20231,3951,73976.533.39$112,651
Dec 20228411,73176.415.73$74,178
Nov 20228871,79185.005.65$85,507
Oct 20221,25850087.185.86$112,604
Sep 202253965184.888.16$51,065
Aug 202283572294.529.13$85,514
Jul 20221,384692101.587.54$145,806
Jun 20221,204432115.097.98$142,015
May 20221,2361,152109.378.43$144,896
Apr 20221,4053,178104.226.84$168,159
Mar 20222,2094,075108.885.08$261,202
Feb 20221,07758291.054.86$100,889
Jan 20221,2361,04881.844.54$105,910
Dec 20211,2591,69971.323.90$96,416
Nov 20211,2522,21977.435.24$108,563
Oct 20211,7512,23379.795.71$152,471
Sep 20211,59497669.865.35$116,579
Aug 20211,5511,12266.024.22$107,133
Jul 20211,7772,66470.783.98$136,384
Jun 20211,6543,02069.493.38$125,146
May 20211,8422,64463.483.02$124,909
Apr 20212,1113,01960.362.76$135,748
Mar 20212,3813,90461.302.72$156,562
Feb 20211,3613,27957.805.55$96,858
Jan 20212,7117,72550.412.81$158,371
Dec 20202,0688,57444.642.68$115,255
Nov 20202,7316,74838.772.71$124,145
Oct 20202,6876,27836.972.48$114,898
Sep 20202,4945,37737.091.99$103,208
Aug 20203,0665,39639.982.39$135,449
Jul 20203,3326,95638.371.83$140,544
Jun 20206,34310,54634.901.69$239,197
May 20201,1531,99516.921.81$23,129
Apr 20203,8275,65014.751.80$66,643
Mar 20205,7369,56630.341.86$191,787
Feb 20205,2637,73249.881.98$277,833
Jan 20204,6196,85157.252.09$278,789
Dec 20191,9483,22659.012.30$122,385
Nov 20199351,73155.302.75$56,467
Oct 20191,4343,78953.472.42$85,840
Sep 20191,5365,38055.052.66$98,853
Aug 20191,9636,16953.112.30$118,471
Jul 20192,7198,17756.272.46$173,114
Jun 20199012,48752.782.49$53,750
May 20191,6276,92758.482.74$114,129
Apr 20192,1936,12562.632.75$154,196
Mar 20192,344056.803.06$133,139
Feb 201910050.852.79$509
Jan 20199046.033.23$414

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                1,530 bbl  × $106.41 =   $162,807
Casinghead gas     1,707 Mcf  × $  3.05 =     $5,199

────────────────────────────────────────────────────
Month total                                 $168,007

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/51966 is the state's own key, not one this site invented.