IDEN 25B

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 54519District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$30.6 M
Mar 2020 – May 2026
Value, last 12 filed months
$3.0 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
OilDisposition475,243 bbl$27,015,801
Casinghead gasProduction1,033,501 Mcf$3,603,023
Total$30,618,824

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 32.3954, -101.4049. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39538, -101.40492 · 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
7,144 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 7,144 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-227405092HK7,144 ftMar 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 20261,15716,054106.413.05$172,014
Apr 20261,50212,90498.932.87$185,624
Mar 20262,69320,87889.753.15$307,451
Feb 20261,68916,39663.503.75$168,742
Jan 20262,78221,71159.138.00$338,143
Dec 20253,00119,97456.664.41$258,189
Nov 20252,63916,77858.593.93$220,497
Oct 20253,02818,96859.383.30$242,489
Sep 20253,16517,33562.743.08$251,911
Aug 20253,44517,13063.933.01$271,882
Jul 20253,33715,18466.743.32$273,049
Jun 20253,70614,95066.483.13$293,149
May 20254,14014,30160.553.23$296,902
Apr 20253,62710,69062.363.54$264,056
Mar 20251,8345,44167.704.27$147,386
Feb 20253,47910,32970.884.34$291,428
Jan 20253,1649,60974.324.28$276,262
Dec 20241,1272,74968.993.12$86,332
Nov 2024174569.052.20$12,026
Oct 20243722,09571.372.28$31,329
Sep 20242,49211,32869.612.36$200,252
Aug 20242,62512,26875.632.06$223,845
Jul 20242,91013,20879.932.15$260,948
Jun 20243,14312,25778.082.63$277,690
May 20245,40219,50878.812.20$468,619
Apr 20244,06926,21284.451.66$387,118
Mar 20243,02312,02780.301.55$261,330
Feb 20243,14211,72076.091.78$259,979
Jan 20243,48312,13373.023.30$294,339
Dec 20233,88413,20671.262.61$311,251
Nov 20233,46711,22077.892.81$301,545
Oct 20233,82111,86585.443.09$363,097
Sep 20234,13111,54789.042.74$399,406
Aug 20234,43612,34880.522.67$390,191
Jul 20234,42111,57474.852.64$361,488
Jun 20234,55511,07068.962.26$339,114
May 20235,18411,02670.622.23$390,653
Apr 20236,73214,24778.122.24$557,785
Mar 20235,91910,10872.852.39$455,389
Feb 20233,0965,67075.112.47$246,521
Jan 20233,4865,97876.533.39$287,035
Dec 20222,8894,47976.415.73$246,409
Nov 20223,4163,83585.005.65$312,013
Oct 20221,7411,65687.185.86$161,491
Sep 20221,9081,06584.888.16$170,645
Aug 202248339194.529.13$49,222
Jul 20222,56910,797101.587.54$342,391
Jun 20224,41215,984115.097.98$635,285
May 20224,75816,507109.378.43$659,587
Apr 20225,41817,173104.226.84$682,086
Mar 20225,37817,735108.885.08$675,587
Feb 20224,71114,48391.054.86$499,307
Jan 20225,70516,28481.844.54$540,789
Dec 20216,91817,75771.323.90$562,628
Nov 20216,03916,38877.435.24$553,421
Oct 20216,45416,86879.795.71$611,346
Sep 20216,71116,92269.865.35$559,379
Aug 20217,25817,12966.024.22$551,468
Jul 20217,29115,70070.783.98$578,576
Jun 20216,86714,58169.493.38$526,481
May 20218,26116,11063.483.02$573,023
Apr 20218,89816,03460.362.76$581,312
Mar 202110,42216,36261.302.72$683,323
Feb 20217,52612,14657.805.55$502,388
Jan 202111,11918,41550.412.81$612,260
Dec 202012,50719,29944.642.68$609,946
Nov 202013,74720,50538.772.71$588,469
Oct 202016,26622,11836.972.48$656,172
Sep 202018,92324,94837.091.99$751,527
Aug 202027,51931,52139.982.39$1,175,390
Jul 202037,13029,64538.371.83$1,478,784
Jun 202037,26021,78834.901.69$1,337,202
May 202028,60216,96316.921.81$514,729
Apr 202012,0937,31114.751.80$191,564
Mar 202056260130.341.86$18,167

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                1,157 bbl  × $106.41 =   $123,116
Casinghead gas    16,054 Mcf  × $  3.05 =    $48,898

────────────────────────────────────────────────────
Month total                                 $172,014

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/54519 is the state's own key, not one this site invented.