MineralRecord
Log inSign up

JW V

Operated by DISCOVERY OPERATING, INC. (P-5 220865) 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 53507District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$58.2 M
Nov 2019 – May 2026
Value, last 12 filed months
$7.5 M
at the published price for each month
Months reported
79
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
OilDisposition821,433 bbl$54,462,721
Casinghead gasProduction1,083,094 Mcf$3,764,690
Total$58,227,411

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 31.8490, -102.0793. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.84898, -102.07930 · 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
8,701 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 8,329 and 9,072 ft, median 8,701 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2019 – May 2023
2 of 2 wells

2 wells

42-32945598722MS8,329 ftMay 2023——
42-32943230745LS9,072 ftNov 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 (79)

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

79 months

May 20267,70427,754106.413.05$904,317
Apr 20267,33417,11198.932.87$774,656
Mar 20267,65912,81089.753.15$727,740
Feb 20268,13011,50263.503.75$559,391
Jan 20266,43814,46659.138.00$496,377
Dec 20257,81023,28556.664.41$545,280
Nov 20257,91426,98258.593.93$569,624
Oct 20259,05929,90659.383.30$636,758
Sep 20258,91424,95162.743.08$636,037
Aug 20257,14616,26263.933.01$505,870
Jul 20257,71115,58266.743.32$566,290
Jun 20258,09111,76066.483.13$574,683
May 202510,53813,83360.553.23$682,789
Apr 20258,47610,02262.363.54$564,073
Mar 20257,92210,92267.704.27$582,938
Feb 20257,6579,47370.884.34$583,849
Jan 202511,40211,54074.324.28$896,773
Dec 202411,11811,16768.993.12$801,887
Nov 20249,0349,77269.052.20$645,281
Oct 202410,61210,87271.372.28$782,182
Sep 20249,2367,34369.612.36$660,279
Aug 202410,85810,18375.632.06$842,204
Jul 202412,44610,64879.932.15$1,017,666
Jun 202412,39511,62678.082.63$998,424
May 202412,91613,32978.812.20$1,047,213
Apr 202415,60913,82284.451.66$1,341,114
Mar 202411,92513,15580.301.55$977,904
Feb 202412,4738,91076.091.78$964,963
Jan 202414,67210,89973.023.30$1,107,291
Dec 202316,26314,24471.262.61$1,196,088
Nov 202318,33015,58177.892.81$1,471,468
Oct 202317,14218,64685.443.09$1,522,178
Sep 202317,26316,25689.042.74$1,581,558
Aug 202319,94821,53980.522.67$1,663,784
Jul 202324,18118,53874.852.64$1,858,922
Jun 202326,00319,34368.962.26$1,836,853
May 202317,22314,85270.622.23$1,249,370
Apr 20230078.122.24$0
Mar 2023862072.852.39$62,797
Feb 202318075.112.47$1,352
Jan 2023133076.533.39$10,178
Dec 20221076.415.73$76
Nov 202229237785.005.65$26,949
Oct 20224,64512,81087.185.86$480,066
Sep 20225,14618,23484.888.16$585,649
Aug 20225,60716,17394.529.13$677,587
Jul 20225,85916,812101.587.54$721,955
Jun 20225,96112,550115.097.98$786,165
May 20226,34211,515109.378.43$790,731
Apr 20226,51712,047104.226.84$761,574
Mar 20224,4104,544108.885.08$503,228
Feb 20224,41210,59091.054.86$453,168
Jan 20226,86910,17781.844.54$608,339
Dec 20216,1958,67171.323.90$475,637
Nov 20216,42511,56277.435.24$558,036
Oct 20216,73714,20479.795.71$618,705
Sep 20216,78313,77169.865.35$547,548
Aug 20216,86113,96866.024.22$511,916
Jul 20217,0519,82170.783.98$538,178
Jun 20216,8737,11369.493.38$501,651
May 20218,63213,88863.483.02$589,869
Apr 20219,20013,07760.362.76$591,384
Mar 20215,72511,31561.302.72$381,685
Feb 20216,7378,13457.805.55$434,526
Jan 20218,53713,83650.412.81$469,233
Dec 202011,56112,10944.642.68$548,480
Nov 20209,2449,69838.772.71$384,638
Oct 202013,66519,72736.972.48$554,087
Sep 202013,22719,83737.091.99$530,086
Aug 202016,49524,36739.982.39$717,588
Jul 202019,78216,12138.371.83$788,458
Jun 2020499034.901.69$17,415
May 20201,7625,63016.921.81$40,030
Apr 202018,30923,31614.751.80$312,129
Mar 202020,60122,73930.341.86$667,243
Feb 202023,82427,92149.881.98$1,243,643
Jan 202032,09031,39457.252.09$1,902,915
Dec 201937,03428,85659.012.30$2,251,871
Nov 201920,95817,30455.302.75$1,206,576

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                7,704 bbl  × $106.41 =   $819,783
Casinghead gas    27,754 Mcf  × $  3.05 =    $84,534

────────────────────────────────────────────────────
Month total                                 $904,317

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/53507 is the state's own key, not one this site invented.