PHOENIX 16B

Operated by OVINTIV USA INC. (P-5 628658) 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 56583District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$37.1 M
May 2021 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
61
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
OilDisposition427,406 bbl$33,876,886
Casinghead gasProduction733,159 Mcf$3,243,075
Total$37,119,961

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 32.3686, -101.4835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36860, -101.48347 · 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
7,485 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 7,485 ft.

Completions filed
May 2021
1 of 1 wells

1 well

42-227408633HJ7,485 ftMay 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 (61)

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

61 months

May 20262,1479,975106.413.05$258,845
Apr 20261,7828,61998.932.87$201,027
Mar 20262,0598,81889.753.15$212,567
Feb 20262,0557,83363.503.75$159,869
Jan 20261,9877,62459.138.00$178,467
Dec 20252,5068,79756.664.41$180,814
Nov 20252,4368,32458.593.93$175,409
Oct 20252,5308,70859.383.30$179,010
Sep 20252,7298,08862.743.08$196,104
Aug 20252,9138,68063.933.01$212,396
Jul 20253,0508,66066.743.32$232,267
Jun 20253,0438,48666.483.13$228,849
May 20253,1458,65760.553.23$218,412
Apr 20252,7748,36762.363.54$202,632
Mar 20253,0858,90367.704.27$246,855
Feb 20252,7997,42470.884.34$230,620
Jan 20252,2515,92474.324.28$192,641
Dec 20243,5258,66768.993.12$270,243
Nov 20243,7319,00469.052.20$277,420
Oct 20244,0599,08671.372.28$310,420
Sep 20243,6727,50469.612.36$273,350
Aug 20242,0634,48475.632.06$165,278
Jul 20242,7166,03279.932.15$230,038
Jun 20242,9996,15078.082.63$250,361
May 20243,5236,33178.812.20$291,566
Apr 20243,4496,14184.451.66$301,457
Mar 20243,3335,91380.301.55$276,776
Feb 202402476.091.78$43
Jan 2024161573.023.30$1,218
Dec 20231,6323,94271.262.61$126,588
Nov 20235,69213,48477.892.81$481,207
Oct 20235,87612,73185.443.09$541,350
Sep 20236,10914,08989.042.74$582,479
Aug 20232,1455,59880.522.67$187,678
Jul 20235,18214,21074.852.64$425,413
Jun 20236,64317,61368.962.26$497,880
May 20236,42517,59270.622.23$492,918
Apr 20236,93616,70478.122.24$579,220
Mar 20237,20617,46772.852.39$566,758
Feb 20237,00015,83475.112.47$564,812
Jan 20237,91118,39176.533.39$667,732
Dec 20228,68919,68776.415.73$776,715
Nov 20228,40718,14385.005.65$817,034
Oct 20228,51317,22487.185.86$843,161
Sep 20228,65718,53384.888.16$886,104
Aug 202211,32519,64094.529.13$1,249,696
Jul 20229,95719,516101.587.54$1,158,623
Jun 202210,66019,203115.097.98$1,380,046
May 202211,56020,458109.378.43$1,436,840
Apr 202211,05218,976104.226.84$1,281,590
Mar 202213,91021,162108.885.08$1,621,948
Feb 20229,34413,62491.054.86$916,968
Jan 202210,70618,16481.844.54$958,601
Dec 202112,51621,49071.323.90$976,433
Nov 202116,35022,09477.435.24$1,381,683
Oct 202120,56224,59379.795.71$1,781,163
Sep 202123,10023,44269.865.35$1,739,202
Aug 202132,53214,56266.024.22$2,209,223
Jul 202121,2466,76470.783.98$1,530,727
Jun 202123,77612,12669.493.38$1,693,188
May 20219,4104,86563.483.02$612,028

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                2,147 bbl  × $106.41 =   $228,462
Casinghead gas     9,975 Mcf  × $  3.05 =    $30,382

────────────────────────────────────────────────────
Month total                                 $258,845

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/56583 is the state's own key, not one this site invented.