CMC PEONY F

Operated by CHEVRON U. S. A. INC. (P-5 148113) 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 55440District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$40.1 M
Jan 2020 – May 2026
Value, last 12 filed months
$6.8 M
at the published price for each month
Months reported
77
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
OilDisposition548,015 bbl$32,268,488
Casinghead gasProduction2,189,331 Mcf$7,878,510
Total$40,146,998

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 31.7632, -101.9280. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76317, -101.92797 · 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
9,741 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 9,297 and 10,185 ft, median 9,741 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2021 – Oct 2024
2 of 2 wells

2 wells

42-329466540365WC10,185 ftOct 2024
42-329431180067WA9,297 ftApr 2021

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 (77)

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

77 months

May 20265,31044,585106.413.05$700,836
Apr 20264,89839,08398.932.87$596,716
Mar 20264,22837,54789.753.15$497,715
Feb 20264,16635,75663.503.75$398,637
Jan 20264,96830,51959.138.00$537,846
Dec 20256,29934,22556.664.41$507,949
Nov 20255,98137,38958.593.93$497,232
Oct 20256,62338,69659.383.30$521,158
Sep 20256,33936,35562.743.08$509,570
Aug 20258,01841,28063.933.01$637,040
Jul 20258,50144,53966.743.32$715,012
Jun 20258,73240,28366.483.13$706,538
May 20258,97438,39160.553.23$667,468
Apr 202510,29138,63062.363.54$778,617
Mar 202511,45633,76867.704.27$919,704
Feb 202511,91938,13670.884.34$1,010,361
Jan 202516,72377,04874.324.28$1,572,517
Dec 202416,91358,97868.993.12$1,350,920
Nov 202426,50089,94169.052.20$2,027,555
Oct 20247,26335,79771.372.28$600,028
Sep 20241,25719,10269.612.36$132,664
Aug 20241,98724,68975.632.06$201,226
Jul 20242,01222,69979.932.15$209,545
Jun 20242,09623,45678.082.63$225,438
May 20242,44023,14678.812.20$243,181
Apr 20242,31419,52384.451.66$227,810
Mar 20242,42019,08180.301.55$223,809
Feb 20242,66019,08976.091.78$236,447
Jan 20242,94621,69673.023.30$286,663
Dec 20233,32917,88371.262.61$283,912
Nov 20233,37818,07277.892.81$313,851
Oct 20233,75218,47185.443.09$377,596
Sep 20233,83116,33389.042.74$385,784
Aug 20233,73115,26680.522.67$341,224
Jul 20233,66411,62574.852.64$304,961
Jun 20233,24821,47868.962.26$272,490
May 20231,85910,86270.622.23$155,477
Apr 20231,5592,39478.122.24$127,146
Mar 20231,6702,48272.852.39$127,599
Feb 20231,1271,67075.112.47$88,767
Jan 20231,7438,33176.533.39$161,615
Dec 20222,35217,24076.415.73$278,486
Nov 20222,76922,47285.005.65$362,246
Oct 20223,21424,23087.185.86$422,275
Sep 20223,62627,36584.888.16$531,174
Aug 20223,15724,58794.529.13$522,809
Jul 20223,49028,553101.587.54$569,863
Jun 20223,40528,022115.097.98$615,419
May 20224,13024,718109.378.43$660,146
Apr 20224,03425,023104.226.84$591,521
Mar 20224,56626,762108.885.08$633,001
Feb 20223,68021,19391.054.86$438,037
Jan 20225,01516,36781.844.54$484,696
Dec 20215,16725,11071.323.90$466,417
Nov 20215,34630,45177.435.24$573,408
Oct 20214,88521,33079.795.71$511,651
Sep 20215,06527,99169.865.35$503,619
Aug 20216,34139,19566.024.22$584,059
Jul 20217,99341,24270.783.98$729,973
Jun 20216,90325,30769.493.38$565,243
May 20219,02926,09863.483.02$651,916
Apr 20214,37212,83860.362.76$299,307
Mar 20219,87530,87661.302.72$689,226
Feb 20215,61317,78857.805.55$423,118
Jan 202110,94934,59750.412.81$649,166
Dec 202011,64329,25344.642.68$598,009
Nov 20207,20914,28338.772.71$318,151
Oct 202011,31726,01736.972.48$482,871
Sep 202011,77134,36137.091.99$505,001
Aug 202014,51535,29639.982.39$664,494
Jul 202016,30237,23138.371.83$693,459
Jun 202018,12840,13734.901.69$700,511
May 202022,37644,23816.921.81$458,883
Apr 202026,10742,39814.751.80$461,580
Mar 202031,00640,36630.341.86$1,015,651
Feb 202015,54018,10249.881.98$810,989
Jan 20200057.252.09$0

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                5,310 bbl  × $106.41 =   $565,037
Casinghead gas    44,585 Mcf  × $  3.05 =   $135,799

────────────────────────────────────────────────────
Month total                                 $700,836

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/55440 is the state's own key, not one this site invented.