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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 54468District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$35.7 M
Feb 2020 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
76
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
OilDisposition567,466 bbl$31,356,770
Casinghead gasProduction1,217,073 Mcf$4,300,811
Total$35,657,581

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 32.3493, -102.1133. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34928, -102.11333 · 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
8,869 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 8,583 and 9,155 ft, median 8,869 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2020
2 of 2 wells

2 wells

42-317425861306HC8,583 ftFeb 2020——
42-317425871307HE9,155 ftFeb 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 (76)

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

76 months

May 20261,6427,733106.413.05$198,279
Apr 20262,33011,64198.932.87$263,913
Mar 20262,21412,44589.753.15$237,901
Feb 20262,26812,24763.503.75$189,948
Jan 20262,39212,02759.138.00$237,630
Dec 20252,2298,44956.664.41$163,584
Nov 20252,83710,41258.593.93$207,102
Oct 20252,70310,67159.383.30$195,770
Sep 20252,1117,74462.743.08$156,272
Aug 20252,89510,91663.933.01$217,986
Jul 20252,0347,86566.743.32$161,823
Jun 20252,3049,39766.483.13$182,571
May 20252,9309,71160.553.23$208,801
Apr 20252,86111,05062.363.54$217,563
Mar 20253,40411,66667.704.27$280,245
Feb 20252,9028,01570.884.34$240,486
Jan 20251,9558,33474.324.28$180,954
Dec 20241,6099,05468.993.12$139,266
Nov 20243,82412,62769.052.20$291,807
Oct 20243,98110,10971.372.28$307,187
Sep 20243,0127,15569.612.36$226,582
Aug 20243,2619,35675.632.06$265,937
Jul 20243,30710,37579.932.15$286,599
Jun 20242,6918,42478.082.63$232,302
May 20242,5458,83878.812.20$220,001
Apr 20242,6098,03784.451.66$233,665
Mar 20243,3329,29580.301.55$281,922
Feb 20243,88211,11776.091.78$315,210
Jan 20242,97810,34573.023.30$251,568
Dec 20234,22814,27271.262.61$338,547
Nov 20234,99316,35377.892.81$434,817
Oct 20234,96414,94985.443.09$470,276
Sep 20234,46212,24189.042.74$430,776
Aug 20234,36915,28980.522.67$392,658
Jul 20235,33016,25974.852.64$441,904
Jun 20235,86416,12868.962.26$440,806
May 20233,1177,12770.622.23$235,997
Apr 20234,29410,23778.122.24$358,355
Mar 20233,6259,88172.852.39$287,728
Feb 20233,6518,68575.112.47$295,641
Jan 20234,0579,94076.533.39$344,156
Dec 20224,25211,20876.415.73$389,107
Nov 20224,32011,27085.005.65$430,833
Oct 20223,78811,31087.185.86$396,557
Sep 20224,52813,28784.888.16$492,807
Aug 20225,87313,96294.529.13$682,549
Jul 20225,03016,515101.587.54$635,505
Jun 20225,43617,115115.097.98$762,159
May 20226,57021,576109.378.43$900,512
Apr 20227,08621,538104.226.84$885,771
Mar 20226,92818,479108.885.08$848,127
Feb 20225,35515,70291.054.86$563,866
Jan 20227,25319,47581.844.54$681,957
Dec 20217,40220,09871.323.90$606,275
Nov 20217,56020,40377.435.24$692,218
Oct 20218,32821,48379.795.71$787,242
Sep 20218,46520,91769.865.35$703,290
Aug 20218,86321,31866.024.22$675,110
Jul 20219,67623,57670.783.98$778,749
Jun 20219,43522,06969.493.38$730,245
May 202110,37821,41463.483.02$723,416
Apr 202111,96725,10860.362.76$791,587
Mar 202114,30826,19961.302.72$948,262
Feb 20217,74712,67057.805.55$518,069
Jan 202111,80823,21150.412.81$660,470
Dec 202014,41126,34244.642.68$713,784
Nov 202014,49727,07238.772.71$635,321
Oct 202016,93430,16436.972.48$700,809
Sep 202018,17530,28737.091.99$734,413
Aug 202020,51130,17739.982.39$892,005
Jul 202023,57231,33938.371.83$961,655
Jun 202026,11733,99034.901.69$968,937
May 202033,81340,89816.921.81$646,336
Apr 202044,84144,30014.751.80$741,339
Mar 202038,94034,87730.341.86$1,246,179
Feb 20201,3031,30849.881.98$67,584

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                1,642 bbl  × $106.41 =   $174,725
Casinghead gas     7,733 Mcf  × $  3.05 =    $23,553

────────────────────────────────────────────────────
Month total                                 $198,279

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/54468 is the state's own key, not one this site invented.