MARTIN 30-31 B 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 55789District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$7.6 M
Mar 2021 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
63
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
OilDisposition82,057 bbl$6,432,001
Casinghead gasProduction285,879 Mcf$1,147,659
Total$7,579,660

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 32.1833, -101.3447. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18328, -101.34471 · 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
7,752 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 7,752 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-22740965H 7H7,752 ftJun 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 (63)

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

63 months

May 20268964,846106.413.05$110,104
Apr 20269056,19098.932.87$107,295
Mar 20269536,69389.753.15$106,611
Feb 20261,1245,71863.503.75$92,818
Jan 20261,1804,93059.138.00$109,203
Dec 20251,3754,82056.664.41$99,180
Nov 20251,0636,23458.593.93$86,759
Oct 20259876,47359.383.30$80,000
Sep 20259254,43462.743.08$71,678
Aug 20251,0346,38763.933.01$85,359
Jul 20251,2196,76166.743.32$103,770
Jun 20257443,94066.483.13$61,788
May 20258122,85360.553.23$58,388
Apr 20258994,05662.363.54$70,433
Mar 20251,1324,82367.704.27$97,223
Feb 20257955,10070.884.34$78,488
Jan 20258623,51974.324.28$79,121
Dec 20247795,75268.993.12$71,697
Nov 20249355,66969.052.20$77,025
Oct 20241,0304,59771.372.28$83,999
Sep 20247643,18569.612.36$60,713
Aug 20244222,68775.632.06$37,461
Jul 20246752,88979.932.15$60,154
Jun 20245574,12278.082.63$54,348
May 20247445,48578.812.20$70,693
Apr 20248335,89384.451.66$80,125
Mar 20241,1394,73080.301.55$98,770
Feb 20249884,19076.091.78$82,650
Jan 20249463,52573.023.30$80,701
Dec 20238262,45671.262.61$65,273
Nov 20239631,21477.892.81$78,416
Oct 20231,0433,37885.443.09$99,543
Sep 20231,0702,22789.042.74$101,364
Aug 20231,3956,44780.522.67$129,557
Jul 20231,0191,78974.852.64$80,998
Jun 20231,1665,41668.962.26$92,639
May 20239383,53070.622.23$74,104
Apr 20231,4814,49478.122.24$125,752
Mar 20231,7026,40972.852.39$139,328
Feb 202368149475.112.47$52,368
Jan 20231,4133,49776.533.39$119,984
Dec 20221,1033,47076.415.73$104,160
Nov 20221,3073,72985.005.65$132,150
Oct 20221,1771,84487.185.86$113,424
Sep 20221,2186,04884.888.16$152,758
Aug 20221,2945,13094.529.13$169,131
Jul 20221,5435,239101.587.54$196,251
Jun 20221,5683,283115.097.98$206,650
May 20222,0523,935109.378.43$257,611
Apr 20222,2365,070104.226.84$267,703
Mar 20222,4576,371108.885.08$299,860
Feb 20221,8687,88691.054.86$208,398
Jan 20222,4409,39681.844.54$242,326
Dec 20212,3486,80771.323.90$194,001
Nov 20212,1903,81177.435.24$189,529
Oct 20211,5197,57979.795.71$164,506
Sep 20213,1426,30169.865.35$253,216
Aug 20214,1448,41666.024.22$309,107
Jul 20215,8227,03170.783.98$440,079
Jun 20212,2082,68169.493.38$162,497
May 20210063.483.02$0
Apr 20217060.362.76$423
Mar 20210061.302.72$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                  896 bbl  × $106.41 =    $95,343
Casinghead gas     4,846 Mcf  × $  3.05 =    $14,760

────────────────────────────────────────────────────
Month total                                 $110,104

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/55789 is the state's own key, not one this site invented.