GILBERT 25-24 (ALLOC-H)

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 54297District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$56.8 M
Mar 2020 – May 2026
Value, last 12 filed months
$4.6 M
at the published price for each month
Months reported
75
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
OilDisposition676,344 bbl$49,613,135
Casinghead gasProduction1,732,782 Mcf$7,223,718
Total$56,836,853

Wells on this lease (3)

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 32.3343, -101.4077. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.33429, -101.40772 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,237 ft
3 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.
3100.0%

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 6,774 and 7,237 ft, median 7,237 ft, over the 3 wells that filed a depth.

Completions filed
Dec 2020
3 of 3 wells

3 wells

42-227405858NA7,237 ftDec 2020
42-227405848NB7,237 ftDec 2020
42-227405868NS6,774 ftDec 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 (75)

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

75 months

May 20263,73917,829106.413.05$452,171
Apr 20263,47711,37598.932.87$376,623
Mar 20263,20712,13689.753.15$326,050
Feb 20263,48510,06563.503.75$259,044
Jan 20264,68514,95659.138.00$396,641
Dec 20254,70120,99456.664.41$359,013
Nov 20254,72525,59958.593.93$377,351
Oct 20254,24531,82759.383.30$357,251
Sep 20254,61830,21462.743.08$382,699
Aug 20255,39431,42963.933.01$439,589
Jul 20256,12028,83266.743.32$504,033
Jun 20254,18320,62466.483.13$342,613
May 20255,70820,98360.553.23$413,443
Apr 20254,69415,07862.363.54$346,141
Mar 20254,22011,98467.704.27$336,846
Feb 20254,8989,61570.884.34$388,907
Jan 20252,3744,41074.324.28$195,305
Dec 20242,5456,00168.993.12$194,311
Nov 20244,3729,52469.052.20$322,825
Oct 20245,75613,09771.372.28$440,685
Sep 20246,5449,23169.612.36$477,353
Aug 20241,5431,14275.632.06$119,054
Jul 202482679.932.15$695
Jun 202412830578.082.63$10,798
May 2024142478.812.20$1,011
Apr 2024443,19984.451.66$9,024
Mar 20248531,73480.301.55$71,175
Feb 20246,34732,85376.091.78$541,541
Jan 20244,99333,23973.023.30$474,200
Dec 20238,06246,70471.262.61$696,429
Nov 20238,64842,84377.892.81$793,877
Oct 20237,97442,49185.443.09$812,480
Sep 20237,44127,20089.042.74$736,940
Aug 20237,08825,56080.522.67$639,045
Jul 20236,03826,43374.852.64$521,775
Jun 20237,72531,38668.962.26$603,601
May 20238,25433,73570.622.23$658,039
Apr 20238,53733,28878.122.24$741,401
Mar 20239,01133,14672.852.39$735,775
Feb 20236,67127,58175.112.47$569,065
Jan 20239,61734,75876.533.39$853,739
Dec 20227,93436,58976.415.73$815,858
Nov 202210,28036,33285.005.65$1,078,938
Oct 20229,14627,85887.185.86$960,701
Sep 20228,96530,87884.888.16$1,013,027
Aug 202210,42125,07294.529.13$1,213,829
Jul 202211,95037,380101.587.54$1,495,804
Jun 202212,77538,174115.097.98$1,774,796
May 202212,57739,514109.378.43$1,708,770
Apr 202211,61336,222104.226.84$1,457,978
Mar 202213,89239,846108.885.08$1,714,835
Feb 202211,15231,22091.054.86$1,167,083
Jan 202215,04640,20981.844.54$1,413,820
Dec 202117,11642,81371.323.90$1,387,646
Nov 202116,83338,89877.435.24$1,507,082
Oct 202120,58646,37179.795.71$1,907,515
Sep 202120,72142,18169.865.35$1,673,276
Aug 202124,40750,58966.024.22$1,824,866
Jul 202126,90653,42570.783.98$2,117,149
Jun 202125,06338,63669.493.38$1,872,242
May 202130,42040,82963.483.02$2,054,270
Apr 202133,10339,85360.362.76$2,108,028
Mar 202143,30545,95061.302.72$2,779,440
Feb 202144,75024,54057.805.55$2,722,697
Jan 202133,88815,18150.412.81$1,750,957
Dec 202082237244.642.68$37,689
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

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                3,739 bbl  × $106.41 =   $397,867
Casinghead gas    17,829 Mcf  × $  3.05 =    $54,304

────────────────────────────────────────────────────
Month total                                 $452,171

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/54297 is the state's own key, not one this site invented.