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VALENCE E

Operated by OXYROCK OPERATING, LLC (P-5 102324) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 55619District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$71.6 M
May 2020 – May 2026
Value, last 12 filed months
$5.6 M
at the published price for each month
Months reported
73
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 581 leases and 1,079 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2016-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition743,383 bbl$56,668,731
Casinghead gasProduction3,670,581 Mcf$14,911,552
Total$71,580,283

Wells on this lease (4)

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 31.9064, -101.8642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.9 miles.

31.89960, -101.86253 · 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
25.0%
1 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
9,082 ft
4 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
125.0%
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.
375.0%

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 8,761 and 10,138 ft, median 9,082 ft, over the 4 wells that filed a depth.

Completions filed
Apr 2021 – Nov 2023
4 of 4 wells

4 wells

42-32945898104HD10,138 ftNov 2023——
42-3294396311HA8,761 ftApr 2021——
42-329439499HB8,994 ftApr 2021——
42-3294394710BB9,170 ftApr 2021—Yes

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 (73)

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

73 months

May 20263,54135,954106.413.05$486,308
Apr 20263,77638,46798.932.87$483,949
Mar 20263,55239,40889.753.15$442,905
Feb 20263,19843,31463.503.75$365,514
Jan 20263,25847,59159.138.00$573,275
Dec 20254,01049,80356.664.41$447,005
Nov 20254,28152,82058.593.93$458,218
Oct 20254,76659,65959.383.30$480,169
Sep 20254,30455,28662.743.08$440,144
Aug 20254,88557,01763.933.01$484,191
Jul 20253,51458,70466.743.32$429,140
Jun 20255,04862,95666.483.13$532,563
May 20255,57862,28960.553.23$539,086
Apr 20256,64668,45462.363.54$656,985
Mar 20256,97076,66767.704.27$799,108
Feb 20257,24565,49870.884.34$797,842
Jan 20258,08667,25674.324.28$888,718
Dec 20247,95458,14868.993.12$730,248
Nov 20246,33750,41169.052.20$548,395
Oct 20248,47865,89771.372.28$755,412
Sep 20249,24665,63969.612.36$798,808
Aug 202411,13867,54475.632.06$981,753
Jul 20248,03460,36679.932.15$771,739
Jun 202410,47256,76778.082.63$967,177
May 202412,53858,87278.812.20$1,117,546
Apr 202414,47457,34884.451.66$1,317,481
Mar 202411,46750,91280.301.55$999,466
Feb 202417,72356,56676.091.78$1,449,436
Jan 202418,53351,00073.023.30$1,521,460
Dec 202323,97445,02571.262.61$1,825,935
Nov 202321,42429,16677.892.81$1,750,601
Oct 20231,13214,71685.443.09$142,150
Sep 20234,72158,79889.042.74$581,173
Aug 20235,73855,27480.522.67$609,765
Jul 20235,74161,78774.852.64$592,943
Jun 20234,84243,18568.962.26$431,437
May 20235,53845,10870.622.23$491,567
Apr 20236,25243,02878.122.24$584,693
Mar 20236,08646,07872.852.39$553,637
Feb 20232,95035,29575.112.47$308,601
Jan 20237,07756,07876.533.39$731,579
Dec 20227,32955,29376.415.73$876,787
Nov 20227,55756,72385.005.65$962,614
Oct 20228,99669,93187.185.86$1,194,330
Sep 20229,00267,71784.888.16$1,316,910
Aug 202210,07767,87794.529.13$1,572,002
Jul 202210,56176,305101.587.54$1,648,285
Jun 202211,18163,142115.097.98$1,790,518
May 202213,10764,249109.378.43$1,975,327
Apr 202213,15169,698104.226.84$1,847,164
Mar 202214,06571,046108.885.08$1,892,055
Feb 202213,94957,37191.054.86$1,548,813
Jan 202215,74361,33281.844.54$1,566,712
Dec 202119,87081,59971.323.90$1,735,293
Nov 202121,26585,00477.435.24$2,091,702
Oct 202125,19092,00979.795.71$2,535,638
Sep 202127,70386,90569.865.35$2,400,353
Aug 202134,05986,89066.024.22$2,615,302
Jul 202143,43895,93470.783.98$3,456,559
Jun 202153,11095,61269.493.38$4,013,842
May 202164,45686,59263.483.02$4,352,973
Apr 20215,0475,20160.362.76$318,983
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$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                3,541 bbl  × $106.41 =   $376,798
Casinghead gas    35,954 Mcf  × $  3.05 =   $109,510

────────────────────────────────────────────────────
Month total                                 $486,308

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/55619 is the state's own key, not one this site invented.