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ABEL 18X

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 54448District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$21.9 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
78
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
OilDisposition332,552 bbl$19,666,403
Casinghead gasProduction642,133 Mcf$2,227,091
Total$21,893,493

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 32.3303, -101.5292. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33027, -101.52917 · 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
7,696 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 7,696 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-227403296HK7,696 ftDec 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 (78)

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

78 months

May 20263,6744,583106.413.05$404,909
Apr 20263,4644,23698.932.87$354,850
Mar 20263,2223,30089.753.15$299,568
Feb 20261,86718963.503.75$119,263
Jan 20261,33743559.138.00$82,536
Dec 20251,3833,42956.664.41$93,494
Nov 20251,4535,19158.593.93$105,513
Oct 20251,9846,13359.383.30$138,079
Sep 20251,9245,55662.743.08$137,807
Aug 20251,0282,92363.933.01$74,532
Jul 20251,0232,95166.743.32$78,058
Jun 2025343366.483.13$2,364
May 2025353360.553.23$2,226
Apr 2025293062.363.54$1,915
Mar 2025181767.704.27$1,291
Feb 2025292770.884.34$2,173
Jan 2025343274.324.28$2,664
Dec 2024423668.993.12$3,010
Nov 2024363269.052.20$2,556
Oct 2024373471.372.28$2,718
Sep 2024383369.612.36$2,723
Aug 2024323375.632.06$2,488
Jul 2024331779.932.15$2,674
Jun 20241,7759,68978.082.63$164,113
May 20242,12310,33678.812.20$190,037
Apr 20242,2159,34784.451.66$202,565
Mar 20241,73810,40380.301.55$155,635
Feb 20242,1279,92576.091.78$179,546
Jan 20242,3219,72673.023.30$201,552
Dec 20232,2608,97771.262.61$184,484
Nov 20232,3279,14477.892.81$206,922
Oct 20231,96610,78885.443.09$201,281
Sep 20232,47210,58789.042.74$249,063
Aug 20233,05110,70080.522.67$274,266
Jul 20232,2637,77274.852.64$189,918
Jun 20232,6919,12368.962.26$206,175
May 20232,9058,83470.622.23$224,828
Apr 20232,7238,33178.122.24$231,364
Mar 20233,1409,39872.852.39$251,240
Feb 20232,15510,12675.112.47$186,830
Jan 20233,04511,66876.533.39$272,562
Dec 20223,28211,27476.415.73$315,367
Nov 20223,30810,59785.005.65$341,013
Oct 20223,60811,26087.185.86$380,571
Sep 20223,58310,81784.888.16$392,432
Aug 20223,57510,67694.529.13$435,351
Jul 20224,01511,071101.587.54$491,342
Jun 20223,3207,590115.097.98$442,646
May 20223,6118,406109.378.43$465,823
Apr 20223,1967,470104.226.84$384,164
Mar 20223,5008,104108.885.08$422,219
Feb 20223,2887,72891.054.86$336,922
Jan 20223,9319,08781.844.54$362,947
Dec 20214,0349,71071.323.90$325,565
Nov 20214,0549,28977.435.24$362,546
Oct 20214,40410,56479.795.71$411,756
Sep 20214,2359,62469.865.35$347,354
Aug 20214,92510,68166.024.22$370,229
Jul 20215,17211,04670.783.98$410,060
Jun 20215,04910,86169.493.38$387,572
May 20215,58111,29163.483.02$388,354
Apr 20215,89511,23960.362.76$386,824
Mar 20216,78512,36561.302.72$449,515
Feb 20214,7918,29457.805.55$322,935
Jan 20216,99713,26050.412.81$389,983
Dec 20207,55814,14044.642.68$375,220
Nov 20207,56713,78538.772.71$330,683
Oct 20208,20513,00836.972.48$335,578
Sep 20208,49513,05537.091.99$341,073
Aug 20209,61113,92739.982.39$417,465
Jul 202010,28613,87238.371.83$419,992
Jun 202010,76413,71534.901.69$398,846
May 202012,25714,54916.921.81$233,791
Apr 202013,18815,49414.751.80$222,480
Mar 202015,86417,84430.341.86$514,436
Feb 202021,93620,41449.881.98$1,134,601
Jan 202029,55718,15657.252.09$1,730,170
Dec 20197,0723,71359.012.30$425,875

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                3,674 bbl  × $106.41 =   $390,950
Casinghead gas     4,583 Mcf  × $  3.05 =    $13,959

────────────────────────────────────────────────────
Month total                                 $404,909

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/54448 is the state's own key, not one this site invented.