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ABEL 18G

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 54464District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$33.3 M
Dec 2019 – May 2026
Value, last 12 filed months
$2.4 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
OilDisposition504,538 bbl$29,503,713
Casinghead gasProduction1,107,913 Mcf$3,830,137
Total$33,333,850

Wells on this lease (2)

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 32.3297, -101.5305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.32972, -101.53054 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,708 ft
2 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.
2100.0%

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 7,562 and 7,854 ft, median 7,708 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2019
2 of 2 wells

2 wells

42-227403264HJ7,854 ftDec 2019——
42-227403285HK7,562 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 20262,0695,598106.413.05$237,213
Apr 20262,6515,42298.932.87$277,823
Mar 20261,7812,58089.753.15$167,970
Feb 20261,21410163.503.75$77,468
Jan 20261,44141559.138.00$88,525
Dec 20251,21044956.664.41$70,540
Nov 20257932,52958.593.93$56,392
Oct 20254,12012,96359.383.30$287,486
Sep 20254,03612,93162.743.08$293,006
Aug 20253,93012,94363.933.01$290,265
Jul 20254,25012,65766.743.32$325,605
Jun 20252,9615,92566.483.13$215,385
May 20252,8615,17960.553.23$189,974
Apr 20251,9764,74562.363.54$140,035
Mar 20253,45511,85467.704.27$284,500
Feb 20253,68710,24070.884.34$305,785
Jan 20253,8478,41374.324.28$321,906
Dec 20243,7016,25668.993.12$274,859
Nov 20243,3135,78569.052.20$241,481
Oct 20242,4543,41271.372.28$182,926
Sep 20241,16952569.612.36$82,615
Aug 2024546875.632.06$4,224
Jul 202440879.932.15$3,214
Jun 20242,0669,93878.082.63$187,490
May 20242,96915,02478.812.20$267,016
Apr 20242,94213,12884.451.66$270,234
Mar 20242,4047,16280.301.55$204,107
Feb 20241,9868,82176.091.78$166,848
Jan 20242,52710,94973.023.30$220,628
Dec 20232,46611,37571.262.61$205,424
Nov 20232,70412,69677.892.81$246,259
Oct 20233,67314,21285.443.09$357,698
Sep 20232,74214,15289.042.74$282,854
Aug 20233,41317,24380.522.67$320,903
Jul 20233,86118,12574.852.64$336,878
Jun 20233,72616,78668.962.26$294,856
May 20234,10016,83670.622.23$327,043
Apr 20233,62314,87078.122.24$316,304
Mar 20234,27217,31372.852.39$352,648
Feb 20234,63014,83575.112.47$384,338
Jan 20232,85310,27576.533.39$253,149
Dec 20223,70314,36576.415.73$365,244
Nov 20224,14515,45185.005.65$439,564
Oct 20223,68312,95187.185.86$397,026
Sep 20224,07515,58084.888.16$473,076
Aug 20224,43515,42194.529.13$559,946
Jul 20224,73316,886101.587.54$608,134
Jun 20224,55815,550115.097.98$648,626
May 20224,84716,887109.378.43$672,525
Apr 20224,96717,131104.226.84$634,796
Mar 20226,06419,051108.885.08$756,959
Feb 20225,06915,77591.054.86$538,181
Jan 20225,26016,46381.844.54$505,182
Dec 20215,06616,37471.323.90$425,151
Nov 20216,02518,43277.435.24$563,041
Oct 20216,58519,45979.795.71$636,603
Sep 20216,78919,93669.865.35$580,955
Aug 20217,43519,15166.024.22$571,687
Jul 20216,36313,76770.783.98$505,194
Jun 20215,76512,87069.493.38$444,118
May 20217,81420,77163.483.02$558,713
Apr 20218,59220,40760.362.76$574,904
Mar 20218,79715,62461.302.72$581,706
Feb 20215,3047,99957.805.55$350,949
Jan 20218,36513,01950.412.81$458,267
Dec 20206,3219,25944.642.68$306,942
Nov 20209,64019,95538.772.71$427,752
Oct 202011,43723,01736.972.48$479,872
Sep 202012,17824,81037.091.99$501,080
Aug 202013,87426,57239.982.39$618,059
Jul 202014,79426,08938.371.83$615,261
Jun 202015,89826,55534.901.69$599,726
May 202018,37328,59116.921.81$362,757
Apr 202019,74730,14214.751.80$345,656
Mar 202024,55036,39230.341.86$812,399
Feb 202034,04540,26549.881.98$1,777,916
Jan 202054,09042,28557.252.09$3,185,229
Dec 201917,1829,92359.012.30$1,036,776

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                2,069 bbl  × $106.41 =   $220,162
Casinghead gas     5,598 Mcf  × $  3.05 =    $17,051

────────────────────────────────────────────────────
Month total                                 $237,213

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/54464 is the state's own key, not one this site invented.