GILBERT 25-24 (ALLOC-E)

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 53906District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$20.4 M
Feb 2020 – May 2026
Value, last 12 filed months
$998 k
at the published price for each month
Months reported
76
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
OilDisposition240,611 bbl$17,034,325
Casinghead gasProduction867,473 Mcf$3,394,769
Total$20,429,094

Wells on this lease (1)

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 32.3331, -101.4132. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33309, -101.41319 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,182 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 7,182 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-227404395NM7,182 ftFeb 2020

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 (76)

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

76 months

May 20264501,629106.413.05$52,846
Apr 202635663098.932.87$37,027
Mar 20264101,50989.753.15$41,550
Feb 20264192,56963.503.75$36,241
Jan 20264873,77659.138.00$58,996
Dec 202575410,13756.664.41$87,460
Nov 20251,21418,05458.593.93$142,016
Oct 20251,14316,43959.383.30$122,200
Sep 20251,07116,01062.743.08$116,456
Aug 20251,21616,92163.933.01$128,752
Jul 202595611,75066.743.32$102,757
Jun 20257816,31866.483.13$71,688
May 20251,17218,85860.553.23$131,920
Apr 20255004,37662.363.54$46,685
Mar 20254067.704.27$271
Feb 20252212,44170.884.34$26,260
Jan 20251,51614,76274.324.28$175,831
Dec 20241,96418,77468.993.12$194,097
Nov 20242,00313,99969.052.20$169,083
Oct 20242,10114,76571.372.28$183,633
Sep 20241,84913,35969.612.36$160,294
Aug 20241,59413,30075.632.06$148,001
Jul 20241,05011,74979.932.15$109,147
Jun 20243015,00578.082.63$36,685
May 20246715378.812.20$5,617
Apr 20249686,35184.451.66$92,285
Mar 20241,71514,81180.301.55$160,599
Feb 20241,66013,59276.091.78$150,553
Jan 20241,74514,48573.023.30$175,187
Dec 20231,56914,98271.262.61$150,921
Nov 20231,95214,58077.892.81$192,976
Oct 20231,97815,30085.443.09$216,236
Sep 20231,93615,16389.042.74$213,853
Aug 20232,10415,48480.522.67$210,801
Jul 20232,28315,96874.852.64$213,067
Jun 20232,22816,15168.962.26$190,120
May 20232,15216,52170.622.23$188,773
Apr 20232,38716,37378.122.24$223,111
Mar 20232,71618,63372.852.39$242,452
Feb 20232,12115,84075.112.47$198,365
Jan 20232,92618,28876.533.39$285,881
Dec 20222,61018,25176.415.73$303,992
Nov 20223,00418,12285.005.65$357,660
Oct 20223,47418,46387.185.86$411,126
Sep 20223,66117,95984.888.16$457,357
Aug 20223,39916,85894.529.13$475,139
Jul 20224,30418,499101.587.54$576,721
Jun 20222,1846,842115.097.98$305,937
May 20223,74413,086109.378.43$519,836
Apr 20223,15411,128104.226.84$404,799
Mar 20224,27614,558108.885.08$539,473
Feb 20223,90713,07291.054.86$419,247
Jan 20225,11916,75681.844.54$494,972
Dec 20215,60217,07471.323.90$466,108
Nov 20215,96117,14577.435.24$551,346
Oct 20216,72716,40179.795.71$630,461
Sep 20216,80715,54369.865.35$558,706
Aug 20218,24520,09966.024.22$629,165
Jul 20219,33521,61470.783.98$746,800
Jun 20218,78215,86969.493.38$663,908
May 202111,27119,43363.483.02$774,125
Apr 202112,98118,74460.362.76$835,237
Mar 202118,14020,13061.302.72$1,166,674
Feb 202121,75513,11957.805.55$1,330,223
Jan 202122,1908,09850.412.81$1,141,355
Dec 20203,94080544.642.68$178,035
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0

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                  450 bbl  × $106.41 =    $47,885
Casinghead gas     1,629 Mcf  × $  3.05 =     $4,962

────────────────────────────────────────────────────
Month total                                  $52,846

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/53906 is the state's own key, not one this site invented.