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MORGAN-CHEVRON 46-39 A UNIT

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 53321District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$35.7 M
Oct 2019 – May 2026
Value, last 12 filed months
$2.8 M
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
OilDisposition447,477 bbl$29,012,761
Casinghead gasProduction1,948,819 Mcf$6,710,435
Total$35,723,196

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 32.1435, -101.3890. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.14353, -101.38903 · 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
8,997 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 8,931 and 9,062 ft, median 8,997 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2019 – Dec 2021
2 of 2 wells

2 wells

42-227410732H9,062 ftDec 2021——
42-227401471H8,931 ftOct 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 (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 20262,05530,228106.413.05$310,742
Apr 20261,45727,75198.932.87$223,779
Mar 20261,84426,04589.753.15$247,526
Feb 20262,55321,63363.503.75$243,246
Jan 20262,52324,51559.138.00$345,254
Dec 20252,06724,35256.664.41$224,590
Nov 20251,61920,06658.593.93$173,645
Oct 20251,72018,11159.383.30$161,988
Sep 20251,81925,99962.743.08$194,121
Aug 20251,93532,40763.933.01$221,404
Jul 20252,16129,55166.743.32$242,193
Jun 20252,25021,68266.483.13$217,417
May 20251,85623,57860.553.23$188,592
Apr 20252,42427,27562.363.54$247,799
Mar 20252,53129,97067.704.27$299,270
Feb 20252,21927,91870.884.34$278,470
Jan 20252,87028,95074.324.28$337,166
Dec 20241,99131,76268.993.12$236,500
Nov 20242,68328,51769.052.20$247,954
Oct 20243,00530,83071.372.28$284,802
Sep 20242,90929,52169.612.36$272,294
Aug 20242,95433,32475.632.06$292,179
Jul 20243,02132,86579.932.15$312,016
Jun 20242,23527,57278.082.63$247,133
May 20243,16942,11078.812.20$342,325
Apr 20243,38430,80884.451.66$336,895
Mar 20243,3307,20780.301.55$278,535
Feb 20243,57316,09376.091.78$300,574
Jan 20243,71916,60273.023.30$326,309
Dec 20234,76230,07971.262.61$417,868
Nov 20233,24421,10177.892.81$311,917
Oct 20234,04419,09485.443.09$404,468
Sep 20234,13518,15689.042.74$417,838
Aug 20234,90117,01380.522.67$440,102
Jul 20239,29023,00574.852.64$756,131
Jun 20231,75616,68568.962.26$158,777
May 20231,99318,05670.622.23$180,964
Apr 20231,99518,83978.122.24$198,007
Mar 20232,91316,91272.852.39$252,685
Feb 20235,61021,43375.112.47$474,214
Jan 20235,22128,15176.533.39$494,931
Dec 20224,82117,70876.415.73$469,823
Nov 20225,58019,37885.005.65$583,712
Oct 20225,55026,04087.185.86$636,541
Sep 20226,62327,44784.888.16$786,229
Aug 20226,17122,59894.529.13$789,538
Jul 20227,27923,494101.587.54$916,594
Jun 20227,44917,382115.097.98$995,965
May 20228,1754,255109.378.43$929,982
Apr 20228,28017,985104.226.84$985,916
Mar 20229,92564,964108.885.08$1,410,417
Feb 202211,52326,88791.054.86$1,179,809
Jan 20229,31610,67981.844.54$810,879
Dec 2021284171.323.90$2,157
Nov 20210077.435.24$0
Oct 20212,95417,71479.795.71$336,915
Sep 20214,31742,16869.865.35$527,223
Aug 20214,85332,67766.024.22$458,311
Jul 20215,25232,93370.783.98$502,878
Jun 20215,03332,39669.493.38$459,262
May 20215,66427,98463.483.02$443,997
Apr 20216,10318,90760.362.76$420,531
Mar 20216,16321,60761.302.72$436,497
Feb 20215,5678,28757.805.55$367,748
Jan 20217,50421,74750.412.81$439,392
Dec 20206,71521,57244.642.68$357,473
Nov 20207,35722,70738.772.71$346,689
Oct 20208,06025,38536.972.48$360,893
Sep 20208,00322,54137.091.99$341,711
Aug 20208,59828,32039.982.39$411,294
Jul 20209,43030,53038.371.83$417,550
Jun 202010,23130,80434.901.69$409,130
May 202010,33134,23016.921.81$236,919
Apr 202012,27732,17314.751.80$239,138
Mar 202014,22532,46530.341.86$491,849
Feb 202015,29231,97149.881.98$826,089
Jan 202019,94635,80457.252.09$1,216,909
Dec 201923,74025,26659.012.30$1,459,119
Nov 201924,34323,17855.302.75$1,409,924
Oct 20193,05982953.472.42$165,570

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                2,055 bbl  × $106.41 =   $218,673
Casinghead gas    30,228 Mcf  × $  3.05 =    $92,070

────────────────────────────────────────────────────
Month total                                 $310,742

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/53321 is the state's own key, not one this site invented.