PRICE 3

Operated by OVINTIV USA INC. (P-5 628658) 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 54228District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.7 M
Aug 2014 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
142
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
OilDisposition23,545 bbl$1,434,299
Casinghead gasProduction84,473 Mcf$275,808
Total$1,710,107

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 32.2716, -101.3238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27157, -101.32377 · 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
9,290 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 9,290 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-2273797019,290 ftAug 2014

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 (142)

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

142 months

May 20260591106.413.05$1,800
Apr 202617955398.932.87$19,295
Mar 202617968089.753.15$18,207
Feb 2026034363.503.75$1,286
Jan 2026034759.138.00$2,775
Dec 2025025256.664.41$1,112
Nov 202518754458.593.93$13,092
Oct 2025058759.383.30$1,940
Sep 202517956462.743.08$12,966
Aug 202516959363.933.01$12,592
Jul 2025061566.743.32$2,039
Jun 202515959666.483.13$12,435
May 2025061660.553.23$1,991
Apr 202517458862.363.54$12,934
Mar 202517462867.704.27$14,460
Feb 2025056970.884.34$2,470
Jan 202516554674.324.28$14,599
Dec 202416545968.993.12$12,816
Nov 202418027169.052.20$13,025
Oct 202401671.372.28$37
Sep 2024018969.612.36$447
Aug 202415753275.632.06$12,972
Jul 202416765079.932.15$14,744
Jun 202437575178.082.63$31,258
May 202405678.812.20$123
Apr 202409384.451.66$154
Mar 20240080.301.55$0
Feb 202420246376.091.78$16,196
Jan 2024257273.023.30$2,032
Dec 202319163271.262.61$15,261
Nov 202318657477.892.81$16,099
Oct 202318448885.443.09$17,228
Sep 2023021089.042.74$574
Aug 202301480.522.67$37
Jul 202318120674.852.64$14,092
Jun 2023441168.962.26$1,204
May 202318356270.622.23$14,175
Apr 2023032078.122.24$716
Mar 20231618072.852.39$11,920
Feb 202306475.112.47$158
Jan 202317724876.533.39$14,386
Dec 202217367676.415.73$17,092
Nov 2022066085.005.65$3,726
Oct 202217769287.185.86$19,489
Sep 202218468384.888.16$21,194
Aug 2022076194.529.13$6,946
Jul 2022183771101.587.54$24,404
Jun 2022168732115.097.98$25,174
May 2022177762109.378.43$25,784
Apr 20221739104.226.84$5,157
Mar 2022166764108.885.08$21,952
Feb 202217369691.054.86$19,133
Jan 202219272681.844.54$19,008
Dec 202117381271.323.90$15,504
Nov 202117073477.435.24$17,007
Oct 202118646579.795.71$17,498
Sep 202119574969.865.35$17,631
Aug 202127667866.024.22$21,083
Jul 202134279270.783.98$27,361
Jun 202124214569.493.38$17,307
May 202104663.483.02$139
Apr 2021510360.362.76$586
Mar 2021011761.302.72$318
Feb 202128857.805.55$604
Jan 202109450.412.81$264
Dec 202017569844.642.68$9,679
Nov 202017184338.772.71$8,911
Oct 20202384136.972.48$2,935
Sep 202017339837.091.99$7,209
Aug 202018085739.982.39$9,240
Jul 202017797738.371.83$8,575
Jun 202016497134.901.69$7,365
May 20201571,05016.921.81$4,562
Apr 20201991,00014.751.80$4,740
Mar 20203521,22630.341.86$12,955
Feb 20203371,65049.881.98$20,078
Jan 20206851,40957.252.09$42,168
Dec 201905759.012.30$131
Nov 201915811855.302.75$9,062
Oct 2019413853.472.42$548
Sep 2019635655.052.66$1,276
Aug 201916932253.112.30$9,718
Jul 201916541656.272.46$10,308
Jun 2019042252.782.49$1,051
May 201916641458.482.74$10,842
Apr 201917345462.632.75$12,084
Mar 2019010156.803.06$309
Feb 201917333850.852.79$9,741
Jan 201954330946.033.23$25,992
Dec 201817452446.594.19$10,300
Nov 201817015552.934.24$9,655
Oct 2018216761.443.40$690
Sep 201817345359.543.11$11,708
Aug 2018021859.403.07$669
Jul 20181654265.142.93$2,631
Jun 201817822260.183.08$11,395
May 2018037365.382.90$1,082
Apr 2018021463.842.90$621
Mar 201818254061.222.79$12,647
Feb 2018141361.782.77$1,204
Jan 201817580462.874.01$14,226
Dec 20173531,05457.272.92$23,296
Nov 2017571055.423.12$2,491
Oct 201736771949.292.98$20,235
Sep 20178552,00447.523.09$46,817
Aug 20173491,05745.373.00$19,010
Jul 20170043.873.09$0
Jun 2017027142.493.09$837
May 2017029045.373.26$946
Apr 2017029547.933.21$947
Mar 2017029346.772.98$874
Feb 2017027850.452.95$821
Jan 2017030649.413.42$1,046
Dec 2016030948.763.72$1,150
Nov 2016030242.492.64$799
Oct 201616854146.193.09$9,432
Sep 201633761841.553.10$15,919
Aug 2016065241.442.92$1,907
Jul 20160041.622.92$0
Jun 2016027145.352.69$728
May 2016029842.521.99$593
Apr 2016048836.561.99$972
Mar 201634181633.011.79$12,720
Feb 201601,08926.472.06$2,247
Jan 20161701,19327.352.36$7,470
Dec 20151711,50732.362.00$8,550
Nov 20155091,49638.792.17$22,986
Oct 20153511,49843.552.43$18,921
Sep 20151871,53842.992.76$12,282
Aug 20153471,01640.162.87$16,854
Jul 20151691,91048.152.95$13,762
Jun 20153581,97156.152.88$25,784
May 20153472,20155.212.96$25,663
Apr 20157112,44549.822.71$42,040
Mar 20151722,23242.892.93$13,927
Feb 20155182,24544.662.98$29,815
Jan 20154961243.433.10$21,578
Dec 2014356054.693.59$19,470
Nov 2014735070.464.25$51,788
Oct 2014732078.303.90$57,316
Sep 20141,573086.164.05$135,530
Aug 2014182089.394.04$16,269

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                    0 bbl  × $106.41 =         $0
Casinghead gas       591 Mcf  × $  3.05 =     $1,800

────────────────────────────────────────────────────
Month total                                   $1,800

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/54228 is the state's own key, not one this site invented.