GILBERT 25-24 (ALLOC-G)

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 54299District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$16.2 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.3 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
OilDisposition199,220 bbl$13,789,839
Casinghead gasProduction607,481 Mcf$2,454,041
Total$16,243,880

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 32.3337, -101.4098. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33367, -101.40975 · 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
7,292 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 7,292 ft.

Completions filed
Dec 2020
1 of 1 wells

1 well

42-227405537NB7,292 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 20269768,989106.413.05$131,235
Apr 20269407,22398.932.87$113,722
Mar 20269598,30589.753.15$112,226
Feb 20269598,22663.503.75$91,747
Jan 20261,0297,61659.138.00$121,757
Dec 20251,1168,13856.664.41$99,148
Nov 20251,0998,77958.593.93$98,861
Oct 20251,2039,15459.383.30$101,687
Sep 20251,29412,08562.743.08$118,370
Aug 20251,33011,23963.933.01$118,910
Jul 20251,0055,63966.743.32$85,768
Jun 20251,0206,55666.483.13$88,321
May 20251,1325,33460.553.23$85,784
Apr 202528244962.363.54$19,176
Mar 20251,7679,70967.704.27$161,067
Feb 20251,6999,57870.884.34$162,002
Jan 20252,07811,89274.324.28$205,319
Dec 20241,92813,96068.993.12$176,587
Nov 20241,84110,20069.052.20$149,545
Oct 20241,4629,78671.372.28$126,669
Sep 20246933,29669.612.36$56,033
Aug 202404275.632.06$87
Jul 20240379.932.15$6
Jun 20240578.082.63$13
May 20240278.812.20$4
Apr 202410184.451.66$846
Mar 20243842,52480.301.55$34,735
Feb 20245531,69776.091.78$45,105
Jan 20243954,41673.023.30$43,405
Dec 20231,52911,84271.262.61$139,873
Nov 20231,37310,46477.892.81$136,321
Oct 20231,53014,01585.443.09$173,991
Sep 20231,22812,09889.042.74$142,430
Aug 20231,27010,11580.522.67$129,297
Jul 20231,50211,24574.852.64$142,132
Jun 20231,47610,49268.962.26$125,481
May 20231,3439,23370.622.23$115,408
Apr 20231,4629,30778.122.24$135,038
Mar 20231,83513,01272.852.39$164,820
Feb 20231,66511,17575.112.47$152,612
Jan 20231,62710,69176.533.39$160,732
Dec 20223,04410,60976.415.73$293,372
Nov 20221,96810,50885.005.65$226,610
Oct 20222,28810,86587.185.86$263,178
Sep 20221,9637,48884.888.16$227,749
Aug 20221,9113,80594.529.13$215,357
Jul 20222,2258,977101.587.54$293,721
Jun 20222,46711,407115.097.98$374,923
May 20222,74611,771109.378.43$399,595
Apr 20222,67010,816104.226.84$352,223
Mar 20223,10811,987108.885.08$399,250
Feb 20223,02410,98891.054.86$328,724
Jan 20223,60112,38781.844.54$350,914
Dec 20213,86012,76371.323.90$325,060
Nov 20214,01612,59677.435.24$376,922
Oct 20214,68412,85379.795.71$447,177
Sep 20214,82011,62869.865.35$398,946
Aug 20216,52518,05866.024.22$506,996
Jul 20217,40820,32270.783.98$605,262
Jun 20217,40113,39769.493.38$559,586
May 20219,48617,14063.483.02$653,894
Apr 202111,29412,80460.362.76$717,025
Mar 202115,29114,78261.302.72$977,500
Feb 202121,61411,40257.805.55$1,312,547
Jan 202125,5229,31950.412.81$1,312,753
Dec 20201,29027744.642.68$58,327
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                  976 bbl  × $106.41 =   $103,856
Casinghead gas     8,989 Mcf  × $  3.05 =    $27,379

────────────────────────────────────────────────────
Month total                                 $131,235

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/54299 is the state's own key, not one this site invented.