SOUTHWEST 39-34 (ALLOC-B)

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 55822District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.5 M
Mar 2021 – May 2026
Value, last 12 filed months
$1.8 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
OilDisposition261,903 bbl$21,074,700
Casinghead gasProduction866,837 Mcf$3,401,759
Total$24,476,459

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 32.2963, -101.4425. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29635, -101.44249 · 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
7,187 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 7,187 ft.

Completions filed
Jul 2021
1 of 1 wells

1 well

42-227408312NA7,187 ftJul 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 202673213,128106.413.05$117,878
Apr 20264769,47898.932.87$74,290
Mar 20264964,51889.753.15$58,745
Feb 202698011,29063.503.75$104,571
Jan 202671610,45259.138.00$125,931
Dec 20251,75018,91756.664.41$182,643
Nov 20251,80418,70158.593.93$179,125
Oct 20251,85318,65859.383.30$171,693
Sep 20251,83218,65862.743.08$172,349
Aug 20252,10618,69263.933.01$190,988
Jul 20252,18518,65166.743.32$207,659
Jun 20251,85516,46366.483.13$174,829
May 20252,07418,14460.553.23$184,228
Apr 20252,22417,20162.363.54$199,634
Mar 20252,14414,14367.704.27$205,516
Feb 20251,70110,02170.884.34$164,066
Jan 20251,9898,67574.324.28$184,940
Dec 20241,8209,20568.993.12$154,294
Nov 202432266269.052.20$23,689
Oct 20241,41610,50871.372.28$125,033
Sep 20241,64511,07669.612.36$140,696
Aug 20241,81412,53075.632.06$163,050
Jul 20241,94511,46479.932.15$180,072
Jun 20241,76611,00978.082.63$166,887
May 20241,57812,29878.812.20$151,399
Apr 20241,70315,70484.451.66$169,874
Mar 20242,45018,41480.301.55$225,187
Feb 20242,43618,37176.091.78$218,122
Jan 20242,69818,84473.023.30$259,149
Dec 20232,94518,73571.262.61$258,773
Nov 20232,95717,45677.892.81$279,330
Oct 20233,01717,61585.443.09$312,155
Sep 20232,93817,58689.042.74$309,698
Aug 20233,46317,64880.522.67$326,012
Jul 20233,63017,57074.852.64$318,122
Jun 20233,59416,80468.962.26$285,794
May 20233,75616,16570.622.23$301,255
Apr 20233,98616,00178.122.24$347,193
Mar 20235,28018,49172.852.39$428,900
Feb 20233,97814,14575.112.47$333,665
Jan 20234,60916,48876.533.39$408,584
Dec 20224,87914,88676.415.73$458,087
Nov 20225,22515,88485.005.65$533,809
Oct 20225,57216,01687.185.86$579,681
Sep 20225,73014,47584.888.16$604,532
Aug 20226,63513,92494.529.13$754,227
Jul 20223,9438,325101.587.54$463,318
Jun 20225,83914,649115.097.98$788,869
May 20227,59017,250109.378.43$975,588
Apr 20227,27716,116104.226.84$868,604
Mar 20229,13218,766108.885.08$1,089,556
Feb 20229,42117,98391.054.86$945,159
Jan 202211,15319,13281.844.54$999,576
Dec 202113,34418,74771.323.90$1,024,791
Nov 202115,63417,56977.435.24$1,302,547
Oct 202125,41320,93779.795.71$2,147,335
Sep 202126,74616,23869.865.35$1,955,364
Aug 20215,7075,36166.024.22$399,403
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
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                  732 bbl  × $106.41 =    $77,892
Casinghead gas    13,128 Mcf  × $  3.05 =    $39,986

────────────────────────────────────────────────────
Month total                                 $117,878

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/55822 is the state's own key, not one this site invented.