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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 54469District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$57.9 M
Feb 2020 – May 2026
Value, last 12 filed months
$2.5 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
OilDisposition938,857 bbl$50,074,100
Casinghead gasProduction2,356,861 Mcf$7,863,827
Total$57,937,927

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 32.3046, -102.1020. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.30450, -102.10197 · 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
9,111 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 8,952 and 9,365 ft, median 9,111 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2020
3 of 3 wells

3 wells

42-31742591810HE9,111 ftFeb 2020——
42-31742592811HD8,952 ftFeb 2020——
42-31742593812HF9,365 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 20269262,888106.413.05$107,332
Apr 20261,2895,31098.932.87$142,759
Mar 20261,3845,46289.753.15$141,416
Feb 20261,3745,32863.503.75$107,231
Jan 20261,5275,78459.138.00$136,551
Dec 20251,61810,01356.664.41$135,867
Nov 20252,74322,47958.593.93$248,975
Oct 20252,50217,94959.383.30$207,887
Sep 20253,41324,18662.743.08$288,550
Aug 20253,39726,69663.933.01$297,652
Jul 20253,22428,26966.743.32$308,887
Jun 20254,77933,79866.483.13$423,452
May 20255,74643,67760.553.23$489,098
Apr 20254,60538,72662.363.54$424,379
Mar 20255,16427,82167.704.27$468,352
Feb 20253,26819,06670.884.34$314,398
Jan 20254,69431,58174.324.28$483,983
Dec 20244,43126,23968.993.12$387,596
Nov 20243,34717,58269.052.20$269,763
Oct 20244,58934,39871.372.28$405,993
Sep 20245,41938,71469.612.36$468,750
Aug 20244,60136,83475.632.06$423,985
Jul 20244,47132,14679.932.15$426,371
Jun 20244,18425,92178.082.63$394,962
May 20246,05035,79478.812.20$555,491
Apr 20246,03634,66584.451.66$567,256
Mar 20246,41638,83780.301.55$575,213
Feb 20246,32036,12876.091.78$545,328
Jan 20247,23936,68073.023.30$649,550
Dec 20237,11732,06271.262.61$590,862
Nov 20237,81533,21477.892.81$701,961
Oct 20238,27333,97185.443.09$811,723
Sep 20236,41525,73489.042.74$641,575
Aug 20236,85329,13580.522.67$629,678
Jul 20237,02426,03974.852.64$594,536
Jun 20236,80818,41768.962.26$511,074
May 20236,79212,83470.622.23$508,237
Apr 20237,08511,85078.122.24$579,998
Mar 20237,07915,03172.852.39$551,677
Feb 20236,60614,66875.112.47$532,343
Jan 20237,84614,67776.533.39$650,176
Dec 20226,86714,04776.415.73$605,184
Nov 20227,68214,84585.005.65$736,788
Oct 20228,57812,81387.185.86$822,962
Sep 20229,2338,13584.888.16$850,109
Aug 20222,1951,33394.529.13$219,638
Jul 20225,27721,058101.587.54$694,859
Jun 20227,81731,886115.097.98$1,154,020
May 20229,30340,252109.378.43$1,356,916
Apr 20229,04537,622104.226.84$1,199,914
Mar 202210,69741,215108.885.08$1,373,913
Feb 202210,40938,30091.054.86$1,133,833
Jan 202211,15538,94181.844.54$1,089,627
Dec 202111,95842,88071.323.90$1,020,039
Nov 202112,90044,89377.435.24$1,233,945
Oct 202113,62245,43179.795.71$1,346,486
Sep 202113,80741,96269.865.35$1,189,092
Aug 202114,92144,95066.024.22$1,174,800
Jul 202115,52541,00270.783.98$1,262,133
Jun 202117,79944,91969.493.38$1,388,707
May 202119,69148,35663.483.02$1,395,907
Apr 202122,24947,39660.362.76$1,473,688
Mar 202119,43432,50061.302.72$1,279,605
Feb 20215,95110,47757.805.55$402,094
Jan 202118,22438,06550.412.81$1,025,645
Dec 202022,89243,43544.642.68$1,138,107
Nov 202024,16146,04938.772.71$1,061,357
Oct 202029,10853,08736.972.48$1,207,695
Sep 202030,74252,24737.091.99$1,244,247
Aug 202035,36355,29039.982.39$1,545,685
Jul 202040,98156,01638.371.83$1,674,677
Jun 202051,95264,82834.901.69$1,922,704
May 202069,75469,59616.921.81$1,306,537
Apr 202073,63461,48414.751.80$1,197,042
Mar 202070,04356,40330.341.86$2,229,802
Feb 20205,4194,54549.881.98$279,302

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                  926 bbl  × $106.41 =    $98,536
Casinghead gas     2,888 Mcf  × $  3.05 =     $8,796

────────────────────────────────────────────────────
Month total                                 $107,332

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/54469 is the state's own key, not one this site invented.