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MR. PHILLIPS 11-02 B

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 52023District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$38.7 M
Mar 2019 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
87
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
OilDisposition560,873 bbl$34,678,755
Casinghead gasProduction1,240,765 Mcf$4,043,019
Total$38,721,774

Wells on this lease (2)

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 32.4826, -101.4802. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48255, -101.48018 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,303 ft
2 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.
2100.0%

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 7,143 and 7,463 ft, median 7,303 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2019
2 of 2 wells

2 wells

42-227397452SH7,143 ftMar 2019——
42-227397442AH7,463 ftMar 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 (87)

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

87 months

May 20262,36620,131106.413.05$313,082
Apr 20262,53419,09898.932.87$305,495
Mar 20262,39321,10789.753.15$281,247
Feb 20264,46318,45563.503.75$352,613
Jan 20262,59621,60259.138.00$326,273
Dec 20253,40720,79056.664.41$284,794
Nov 20253,27620,06858.593.93$270,737
Oct 20253,44520,60059.383.30$272,644
Sep 20252,75821,08762.743.08$237,920
Aug 20253,60720,57663.933.01$292,627
Jul 20253,49520,36566.743.32$300,770
Jun 20253,97419,98466.483.13$326,716
May 20253,62719,21260.553.23$281,714
Apr 20254,06018,89562.363.54$320,129
Mar 20253,57615,85467.704.27$309,765
Feb 20253,48714,34870.884.34$309,441
Jan 20253,62715,24674.324.28$334,791
Dec 20243,78714,81168.993.12$307,496
Nov 20242,958069.052.20$204,250
Oct 20244,59613,74071.372.28$359,363
Sep 20249806,83369.612.36$84,373
Aug 20243,53411,99775.632.06$292,034
Jul 20242,4558,19279.932.15$213,813
Jun 20242,3087,43778.082.63$199,798
May 20247642,43878.812.20$65,571
Apr 20244781,53884.451.66$42,919
Mar 20241,7386,11280.301.55$149,005
Feb 20242,3606,35876.091.78$190,913
Jan 20244,06911,83873.023.30$336,156
Dec 20234,34410,95371.262.61$338,149
Nov 20234,10710,50977.892.81$349,399
Oct 20234,40510,55785.443.09$408,956
Sep 20234,64910,34389.042.74$442,235
Aug 20234,5099,93980.522.67$389,630
Jul 20234,70712,20674.852.64$384,565
Jun 20234,9659,07668.962.26$362,884
May 20234,09811,06970.622.23$314,056
Apr 20234,70511,94178.122.24$394,276
Mar 20235,06811,54972.852.39$396,842
Feb 20235,01010,21375.112.47$401,483
Jan 20236,09611,01476.533.39$503,839
Dec 20226,8677,28876.415.73$566,461
Nov 20226,7922,10885.005.65$589,222
Oct 20223,90652887.185.86$343,621
Sep 20221691,99484.888.16$30,623
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202212674115.097.98$15,092
May 20224,08410,382109.378.43$534,219
Apr 20225,11514,448104.226.84$631,875
Mar 20225,44714,039108.885.08$664,337
Feb 20225,57112,93891.054.86$570,103
Jan 20225,23511,40981.844.54$480,203
Dec 20217,33916,05071.323.90$585,998
Nov 20218,10017,84177.435.24$720,614
Oct 20214,31416,58179.795.71$438,956
Sep 20216,99018,69769.865.35$588,368
Aug 20215,60819,44766.024.22$452,318
Jul 20217,08217,56370.783.98$571,201
Jun 20216,05817,19469.493.38$479,097
May 20216,22723,55663.483.02$466,374
Apr 20216,39518,21860.362.76$436,255
Mar 20216,90215,13661.302.72$464,216
Feb 20213,56511,75957.805.55$271,295
Jan 20216,39516,26050.412.81$368,067
Dec 20207,12718,00544.642.68$366,321
Nov 20207,66818,70538.772.71$347,915
Oct 20206,62018,28436.972.48$290,057
Sep 20208,14514,99137.091.99$331,946
Aug 20207,2439,57639.982.39$312,415
Jul 20205,93511,73538.371.83$249,144
Jun 20206,47610,83734.901.69$244,330
May 20201,1912,81016.921.81$25,251
Apr 20206,88614,72014.751.80$128,129
Mar 20209,59025,08930.341.86$337,532
Feb 20209,59623,72949.881.98$525,648
Jan 20209,89926,63757.252.09$622,515
Dec 201913,02328,96659.012.30$835,235
Nov 201913,69625,59455.302.75$827,790
Oct 201917,29330,56853.472.42$998,587
Sep 201930,30633,94255.052.66$1,758,539
Aug 201932,33930,65653.112.30$1,788,167
Jul 201938,07026,75756.272.46$2,208,023
Jun 201922,84912,47752.782.49$1,237,053
May 201933,04518,12358.482.74$1,982,134
Apr 201912,2086,97362.632.75$783,768
Mar 20190056.803.06$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                2,366 bbl  × $106.41 =   $251,766
Casinghead gas    20,131 Mcf  × $  3.05 =    $61,316

────────────────────────────────────────────────────
Month total                                 $313,082

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/52023 is the state's own key, not one this site invented.