MORGAN GBT 46-104 UNIT

Operated by HIGHPEAK ENERGY HOLDINGS, LLC (P-5 385826) 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 54520District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$948 k
Aug 2020 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
70
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
OilDisposition14,206 bbl$894,410
Casinghead gasProduction19,549 Mcf$53,111
Total$947,521

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 32.1386, -101.3976. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13860, -101.39759 · 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
9,889 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 9,889 ft.

Completions filed
Aug 2020
1 of 1 wells

1 well

42-2274056719,889 ftAug 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 (70)

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

70 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024180084.451.66$15,201
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024341073.023.30$24,900
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023164068.962.26$11,309
May 2023232070.622.23$16,384
Apr 20230078.122.24$0
Mar 2023165072.852.39$12,020
Feb 2023170075.112.47$12,769
Jan 2023341076.533.39$26,097
Dec 20220076.415.73$0
Nov 2022365085.005.65$31,025
Oct 20221724187.185.86$15,235
Sep 2022176084.888.16$14,939
Aug 2022343094.529.13$32,420
Jul 20221690101.587.54$17,167
Jun 2022341159115.097.98$40,514
May 202215928109.378.43$17,626
Apr 2022357159104.226.84$38,294
Mar 2022164139108.885.08$18,562
Feb 20223573391.054.86$32,665
Jan 20221716881.844.54$14,303
Dec 202134920271.323.90$25,678
Nov 202117316477.435.24$14,254
Oct 202134523379.795.71$28,859
Sep 202134915969.865.35$25,232
Aug 2021339066.024.22$22,381
Jul 2021335070.783.98$23,711
Jun 2021344069.493.38$23,905
May 202175250963.483.02$49,273
Apr 202134166660.362.76$22,420
Mar 202151666461.302.72$33,435
Feb 202134951057.805.55$23,002
Jan 20217081,31750.412.81$39,391
Dec 20206651,18144.642.68$32,845
Nov 20208471,57538.772.71$37,101
Oct 20201,0313,56736.972.48$46,957
Sep 20201,8865,56537.091.99$81,032
Aug 20205102,61039.982.39$26,615

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.

Apr 2024 — as filed, then multipliedworked
Oil                  180 bbl  × $ 84.45 =    $15,201
Casinghead gas         0 Mcf  × $  1.66 =         $0

────────────────────────────────────────────────────
Month total                                  $15,201

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/54520 is the state's own key, not one this site invented.