SUGG "B"

Operated by P1 ENERGY, LLC (P-5 631633) 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 52922District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.8 M
Oct 2019 – May 2026
Value, last 12 filed months
$132 k
at the published price for each month
Months reported
80
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
OilDisposition15,947 bbl$1,098,545
Casinghead gasProduction198,455 Mcf$733,752
Total$1,832,297

Wells on this lease (34)

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 31.5744, -101.1731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.3 miles.

31.57542, -101.17299 · 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
17.6%
6 of 34 wells
With a plug date
14.7%
5 of 34 wells
Median depth
7,983 ft
34 wells filed one
Completion to plug
18.3 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
617.6%
A plug date is filed
514.7%
BothOn the schedule and plugged. Neither fact cancels the other.
514.7%
NeitherNo plug date, and not on the schedule.
2882.4%

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

Total depth in feet, 34 of 34 wells. Median 7,983 ft, with the middle half between 7,950 and 8,036 ft; the shallowest is 7,875 ft and the deepest 8,100 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

Last completion by decade, 33 of 34 wells, May 1989 – Jun 2015. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1989 – Jun 2015
33 of 34 wells; 1 filed none
Plug dates filed
Jan 2023 – Jun 2024
5 of 34 wells; 29 filed none

Last completion to plug: a median of 18.3 years across the 5 wells that filed both dates, with the middle half between 14.8 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

34 wells

42-4313185716018,054 ft
42-4313251913107,940 ftJun 2015
42-4313206214037,962 ftSep 2013Yes
42-4313236116057,980 ftJun 2013
42-4313239111107,912 ftNov 2012
42-4313247814087,876 ftNov 2008Jan 2023Yes
42-4313191113028,000 ftSep 2008
42-4313189213017,975 ftSep 2008Jul 2023Yes
42-4313203711078,025 ftSep 2008
42-4313245613118,090 ftSep 2008
42-4313251811148,000 ftAug 2008
42-4313233011117,950 ftAug 2008
42-4313232613097,950 ftJul 2008
42-4313249216068,070 ftMay 2008
42-4313244311138,005 ftJun 2007
42-4313241914067,920 ftJun 2007
42-4313194213038,000 ftDec 2006
42-4313210013048,050 ftDec 2006
42-4313250713088,050 ftFeb 2006Jun 2024Yes
42-4313239811127,970 ftAug 2005
42-4313245811168,000 ftAug 2005
42-4313244416077,962 ftJun 2005
42-4313208114047,875 ftApr 2005
42-4313239313078,040 ftFeb 2005
42-4313190711047,900 ftJan 2005
42-4313205411088,000 ftJul 2001Nov 2023Yes
42-4313275611177,975 ftJul 1994
42-4313245911157,985 ftSep 1992Oct 2023Yes
42-4313235514057,910 ftApr 1992
42-4313234811097,909 ftMar 1992
42-431321201603A7,975 ftSep 1990
42-4313212113058,058 ftJul 1990
42-4313202311058,100 ftOct 1989
42-4313198916028,100 ftMay 1989

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 (80)

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

80 months

May 202600106.413.05$0
Apr 202601,52198.932.87$4,365
Mar 20261641,41889.753.15$19,185
Feb 202601,29063.503.75$4,838
Jan 202601,44459.138.00$11,549
Dec 20253311,72756.664.41$26,376
Nov 202501,76158.593.93$6,914
Oct 20251521,74459.383.30$14,789
Sep 202501,69262.743.08$5,206
Aug 20251911,74563.933.01$17,471
Jul 202501,58066.743.32$5,238
Jun 20251761,41066.483.13$16,112
May 20251771,77660.553.23$16,458
Apr 202501,43262.363.54$5,074
Mar 20251781,97567.704.27$20,481
Feb 202501,77170.884.34$7,688
Jan 20251561,93074.324.28$19,852
Dec 20241772,37968.993.12$19,637
Nov 20243572,19469.052.20$29,474
Oct 20241822,11671.372.28$17,817
Sep 20241812,10769.612.36$17,581
Aug 202402,18375.632.06$4,505
Jul 20241882,42679.932.15$20,234
Jun 202402,84278.082.63$7,486
May 20243703,19878.812.20$36,190
Apr 20241571,40084.451.66$15,582
Mar 20243751,53280.301.55$32,480
Feb 20245411,32976.091.78$43,535
Jan 202401,43173.023.30$4,719
Dec 202301,41171.262.61$3,684
Nov 202301,43177.892.81$4,018
Oct 20231871,80485.443.09$21,547
Sep 20231861,83689.042.74$21,583
Aug 20235231,83280.522.67$47,009
Jul 202302,07774.852.64$5,487
Jun 20232901,57468.962.26$23,553
May 202301,62670.622.23$3,622
Apr 20231741,75178.122.24$17,511
Mar 202301,40572.852.39$3,362
Feb 20231841,32875.112.47$17,095
Jan 20231751,59376.533.39$18,789
Dec 20221712,55676.415.73$27,710
Nov 20223492,77885.005.65$45,350
Oct 20221802,87787.185.86$32,562
Sep 202202,87084.888.16$23,430
Aug 20225393,48094.529.13$82,709
Jul 20223623,588101.587.54$63,833
Jun 20221923,588115.097.98$50,719
May 20221883,864109.378.43$53,147
Apr 20223443,707104.226.84$61,199
Mar 20223503,349108.885.08$55,109
Feb 20221702,58991.054.86$28,058
Jan 20223382,68581.844.54$39,846
Dec 20211843,08171.323.90$25,136
Nov 202102,81577.435.24$14,742
Oct 20213433,08379.795.71$44,984
Sep 20211743,24569.865.35$29,519
Aug 202103,67066.024.22$15,490
Jul 20213343,22270.783.98$36,471
Jun 20211754,04169.493.38$25,822
May 202104,09963.483.02$12,369
Apr 20213453,64060.362.76$30,865
Mar 20211833,02561.302.72$19,437
Feb 20211712,49557.805.55$23,726
Jan 20211922,94750.412.81$17,961
Dec 20205613,15844.642.68$33,492
Nov 202003,05938.772.71$8,279
Oct 20203463,02836.972.48$20,296
Sep 202002,83037.091.99$5,635
Aug 20203423,58739.982.39$22,229
Jul 20201783,74338.371.83$13,661
Jun 20207013,09834.901.69$29,701
May 202004,21516.921.81$7,649
Apr 202004,31214.751.80$7,780
Mar 20203492,91830.341.86$16,005
Feb 20203583,00349.881.98$23,805
Jan 20203463,18857.252.09$26,487
Dec 20193713,36059.012.30$29,635
Nov 20193533,16455.302.75$28,224
Oct 20199863,47753.472.42$61,131

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas     1,521 Mcf  × $  2.87 =     $4,365

────────────────────────────────────────────────────
Month total                                   $4,365

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/52922 is the state's own key, not one this site invented.