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SUGG -D-

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 52923District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$264 k
Oct 2019 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
80
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
OilDisposition658 bbl$35,554
Casinghead gasProduction60,208 Mcf$228,033
Total$263,587

Wells on this lease (13)

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 31.5965, -101.1222. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.8 miles.

31.59589, -101.12053 · 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 13 wells
With a plug date
0.0%
0 of 13 wells
Median depth
7,755 ft
13 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.
13100.0%

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

Total depth in feet, 13 of 13 wells. Median 7,755 ft, with the middle half between 7,658 and 7,800 ft; the shallowest is 7,575 ft and the deepest 9,050 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, 13 of 13 wells, May 1989 – Apr 2013. 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 – Apr 2013
13 of 13 wells

13 wells

42-4313233519057,575 ftApr 2013——
42-4313210231057,775 ftSep 2004——
42-4313198531027,850 ftAug 2004——
42-4313258419157,755 ftDec 1992——
42-4313245019097,620 ftOct 1992——
42-4313246731137,750 ftOct 1992——
42-4313247031127,855 ftSep 1992——
42-4313244931117,658 ftSep 1992——
42-4313247119107,672 ftSep 1992——
42-4313239731107,800 ftMay 1992——
42-4313219731089,050 ftMay 1991——
42-431320061903A7,650 ftAug 1989——
42-4313198831037,800 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 2026038598.932.87$1,105
Mar 2026036189.753.15$1,137
Feb 2026031463.503.75$1,178
Jan 2026035459.138.00$2,831
Dec 2025048056.664.41$2,118
Nov 2025047358.593.93$1,857
Oct 2025043059.383.30$1,421
Sep 2025035862.743.08$1,102
Aug 20256244963.933.01$5,317
Jul 2025045566.743.32$1,508
Jun 2025037966.483.13$1,186
May 2025043660.553.23$1,409
Apr 2025034862.363.54$1,233
Mar 2025042067.704.27$1,793
Feb 2025033670.884.34$1,459
Jan 2025042374.324.28$1,810
Dec 2024056668.993.12$1,767
Nov 2024047169.052.20$1,035
Oct 2024047171.372.28$1,075
Sep 2024045069.612.36$1,064
Aug 2024044975.632.06$927
Jul 2024047679.932.15$1,022
Jun 2024046078.082.63$1,212
May 2024046978.812.20$1,031
Apr 2024038884.451.66$644
Mar 2024043980.301.55$678
Feb 2024046076.091.78$820
Jan 2024047873.023.30$1,576
Dec 2023051671.262.61$1,347
Nov 2023051077.892.81$1,432
Oct 2023052685.443.09$1,624
Sep 2023044789.042.74$1,223
Aug 2023046980.522.67$1,254
Jul 2023039474.852.64$1,041
Jun 2023045768.962.26$1,032
May 2023050370.622.23$1,120
Apr 2023051478.122.24$1,150
Mar 2023050072.852.39$1,197
Feb 2023038475.112.47$947
Jan 2023046676.533.39$1,579
Dec 202201,28276.415.73$7,345
Nov 202201,27285.005.65$7,182
Oct 202201,26787.185.86$7,429
Sep 2022611,09384.888.16$14,101
Aug 202201,11194.529.13$10,140
Jul 202201,122101.587.54$8,462
Jun 202201,185115.097.98$9,453
May 202201,251109.378.43$10,550
Apr 202201,225104.226.84$8,376
Mar 202201,145108.885.08$5,812
Feb 2022098491.054.86$4,781
Jan 202201,08981.844.54$4,942
Dec 202101,08671.323.90$4,234
Nov 2021096577.435.24$5,054
Oct 2021092479.795.71$5,280
Sep 2021088869.865.35$4,752
Aug 20217995066.024.22$9,225
Jul 2021091170.783.98$3,628
Jun 2021080369.493.38$2,715
May 2021089663.483.02$2,704
Apr 20215595860.362.76$5,962
Mar 202101,05461.302.72$2,864
Feb 2021067557.805.55$3,745
Jan 202101,05850.412.81$2,973
Dec 202001,02444.642.68$2,740
Nov 2020821,00638.772.71$5,902
Oct 202001,13836.972.48$2,820
Sep 202001,13137.091.99$2,252
Aug 202001,22739.982.39$2,927
Jul 202001,16838.371.83$2,132
Jun 202001,16834.901.69$1,974
May 202001,19916.921.81$2,176
Apr 202001,16514.751.80$2,102
Mar 20201021,15430.341.86$5,237
Feb 202001,17449.881.98$2,325
Jan 202001,32757.252.09$2,780
Dec 201901,20959.012.30$2,786
Nov 201901,20155.302.75$3,304
Oct 20192171,05953.472.42$14,164

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       385 Mcf  × $  2.87 =     $1,105

────────────────────────────────────────────────────
Month total                                   $1,105

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/52923 is the state's own key, not one this site invented.