GRIFFIN 48-37 UNIT A

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 56537District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$72.5 M
Jul 2021 – May 2026
Value, last 12 filed months
$5.3 M
at the published price for each month
Months reported
59
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
OilDisposition868,874 bbl$69,806,850
Casinghead gasProduction806,297 Mcf$2,709,428
Total$72,516,278

Every month this lease reported (59)

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

59 months

May 20264,8959,498106.413.05$549,806
Apr 20264,4828,05798.932.87$466,526
Mar 20265,08510,72389.753.15$490,150
Feb 20263,5256,54463.503.75$248,380
Jan 20261,9574,79959.138.00$154,099
Dec 20255,66510,28456.664.41$366,366
Nov 20257,01613,54758.593.93$464,259
Oct 20257,63514,59159.383.30$501,587
Sep 20257,46972,63062.743.08$692,082
Aug 20256,53613,02663.933.01$457,117
Jul 20256,96211,69666.743.32$503,418
Jun 20254,9429,92766.483.13$359,603
May 20258,78717,68060.553.23$589,200
Apr 20259,48118,76362.363.54$657,715
Mar 202510,74617,92167.704.27$803,997
Feb 20259,60320,29470.884.34$768,754
Jan 20259,85724,60274.324.28$837,836
Dec 202411,46724,50468.993.12$867,594
Nov 202411,51220,40769.052.20$839,767
Oct 202412,91525,15871.372.28$979,139
Sep 202414,14215,66869.612.36$1,021,469
Aug 202414,67126,13175.632.06$1,163,492
Jul 202416,00721,41279.932.15$1,325,402
Jun 202416,36415,77378.082.63$1,319,247
May 202417,01121,71478.812.20$1,388,374
Apr 202416,64016,62184.451.66$1,432,826
Mar 202418,76521,64080.301.55$1,540,266
Feb 202416,31619,69076.091.78$1,276,604
Jan 202419,74322,23873.023.30$1,514,967
Dec 202321,81524,50571.262.61$1,618,513
Nov 202320,72517,50577.892.81$1,663,417
Oct 202314,25310,13885.443.09$1,249,075
Sep 202316,43418,19189.042.74$1,513,036
Aug 202323,69315,96980.522.67$1,950,444
Jul 202325,2429,38874.852.64$1,914,165
Jun 202326,3387,57768.962.26$1,833,381
May 202327,36310,91370.622.23$1,956,683
Apr 202323,17712,47378.122.24$1,838,499
Mar 202333,61813,90572.852.39$2,482,348
Feb 202339,58014,74175.112.47$3,009,200
Jan 202348,02414,48676.533.39$3,724,351
Dec 202233,95010,74776.415.73$2,655,690
Nov 202225,63710,72685.005.65$2,239,706
Oct 20228,6332,18487.185.86$765,431
Sep 20222,8112,22784.888.16$256,778
Aug 20225,7892,58294.529.13$570,743
Jul 202224,57711,002101.587.54$2,579,510
Jun 202227,58811,709115.097.98$3,268,508
May 202233,22814,402109.378.43$3,755,599
Apr 202231,26112,872104.226.84$3,346,035
Mar 202211,0525,454108.885.08$1,231,028
Feb 202225091.054.86$2,276
Jan 202229,45610,89781.844.54$2,460,126
Dec 202114,4096,16671.323.90$1,051,692
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$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                4,895 bbl  × $106.41 =   $520,877
Casinghead gas     9,498 Mcf  × $  3.05 =    $28,929

────────────────────────────────────────────────────
Month total                                 $549,806

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/56537 is the state's own key, not one this site invented.