HNC 248C

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 52323District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$70.2 M
Apr 2019 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
86
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
OilDisposition907,712 bbl$51,788,316
Casinghead gasProduction5,142,405 Mcf$18,454,359
Total$70,242,675

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 32.3926, -102.1395. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39260, -102.13949 · 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
9,257 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 8,981 and 9,518 ft, median 9,257 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2019
3 of 3 wells

3 wells

42-31741839607HD8,981 ftApr 2019
42-31741840608HF9,518 ftApr 2019
42-31741841609HE9,257 ftApr 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 (86)

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

86 months

May 202685135,198106.413.05$197,762
Apr 202691948,95198.932.87$231,392
Mar 20261,01350,89189.753.15$251,195
Feb 20261,21744,32863.503.75$243,524
Jan 20261,00236,31459.138.00$349,685
Dec 20251,33345,36456.664.41$275,735
Nov 20251,46550,22658.593.93$283,044
Oct 20251,69053,41759.383.30$276,887
Sep 20251,74550,61762.743.08$265,226
Aug 20252,00655,21063.933.01$294,688
Jul 20252,27854,64966.743.32$333,206
Jun 20252,49846,49966.483.13$311,549
May 20252,88346,71260.553.23$325,554
Apr 20252,14644,42762.363.54$291,235
Mar 20252,46051,79767.704.27$387,628
Feb 20251,50240,16570.884.34$280,812
Jan 20251,34039,28274.324.28$267,664
Dec 20242,11140,88868.993.12$273,264
Nov 20242,24842,84669.052.20$249,419
Oct 20242,34945,23071.372.28$270,836
Sep 20242,57642,10269.612.36$278,860
Aug 20242,02837,56875.632.06$230,904
Jul 20241,53639,11579.932.15$206,736
Jun 20241,27830,63678.082.63$180,481
May 20241,57830,75078.812.20$191,964
Apr 20242,44938,00584.451.66$269,876
Mar 20242,68041,12080.301.55$278,740
Feb 20242,51338,73876.091.78$260,309
Jan 20242,83044,22473.023.30$352,482
Dec 20233,29848,21671.262.61$360,894
Nov 20232,90940,39577.892.81$339,993
Oct 20233,70344,76585.443.09$454,586
Sep 20232,77440,84189.042.74$358,699
Aug 20231,65930,79880.522.67$215,902
Jul 20231,49027,00674.852.64$182,871
Jun 20232,04031,86868.962.26$212,652
May 20232,23037,61470.622.23$241,264
Apr 20231,82932,50778.122.24$215,624
Mar 20231,13523,30272.852.39$138,450
Feb 20237198,71975.112.47$75,502
Jan 20231,13114,50476.533.39$135,691
Dec 20222,83423,31576.415.73$350,119
Nov 20223,45078,67585.005.65$737,465
Oct 20223,59382,36287.185.86$796,189
Sep 20223,55977,59284.888.16$935,524
Aug 20223,68778,08594.529.13$1,061,190
Jul 20223,80375,044101.587.54$952,297
Jun 20223,47271,584115.097.98$970,632
May 20224,18086,837109.378.43$1,189,466
Apr 20224,34982,598104.226.84$1,018,025
Mar 20225,00788,781108.885.08$995,850
Feb 20224,38273,56091.054.86$756,397
Jan 20224,09874,67281.844.54$674,218
Dec 20214,94678,36771.323.90$658,311
Nov 20214,95864,11577.435.24$719,659
Oct 20215,87077,14579.795.71$909,164
Sep 20215,75871,47769.865.35$784,722
Aug 20215,66163,51466.024.22$641,806
Jul 20215,17550,07970.783.98$565,705
Jun 20216,04868,79869.493.38$652,855
May 20216,82783,24363.483.02$684,578
Apr 20217,20569,13960.362.76$625,608
Mar 20218,75973,47361.302.72$736,548
Feb 20216,53958,46357.805.55$702,304
Jan 20218,83672,23750.412.81$648,428
Dec 20209,33274,49044.642.68$615,876
Nov 202010,21776,54538.772.71$603,287
Oct 202011,37780,60936.972.48$620,391
Sep 202012,46977,91237.091.99$617,601
Aug 202014,76471,88839.982.39$761,725
Jul 20209,45354,06738.371.83$461,390
Jun 20209,87954,11134.901.69$436,241
May 202011,06859,81816.921.81$295,825
Apr 202013,94479,82414.751.80$349,707
Mar 202017,756100,19130.341.86$724,695
Feb 202017,05596,94949.881.98$1,042,727
Jan 202021,24788,95857.252.09$1,402,735
Dec 201923,55987,17559.012.30$1,591,099
Nov 201929,70496,34755.302.75$1,907,653
Oct 201935,462102,34253.472.42$2,143,671
Sep 201943,689104,92255.052.66$2,683,887
Aug 201964,220123,99053.112.30$3,696,442
Jul 201985,795118,54256.272.46$5,119,305
Jun 2019112,679103,51052.782.49$6,205,062
May 2019114,25791,24358.482.74$6,931,784
Apr 201937,34930,01362.632.75$2,421,725

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                  851 bbl  × $106.41 =    $90,555
Casinghead gas    35,198 Mcf  × $  3.05 =   $107,207

────────────────────────────────────────────────────
Month total                                 $197,762

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/52323 is the state's own key, not one this site invented.