GLORIA GRIFFIN 47-38 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 56709District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$69.1 M
Sep 2021 – May 2026
Value, last 12 filed months
$8.6 M
at the published price for each month
Months reported
57
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
OilDisposition819,724 bbl$66,767,864
Casinghead gasProduction655,359 Mcf$2,298,824
Total$69,066,687

Every month this lease reported (57)

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

57 months

May 20269,75721,941106.413.05$1,105,071
Apr 20266,32913,57298.932.87$665,076
Mar 20268,06020,29389.753.15$787,297
Feb 20267,1799,93163.503.75$493,111
Jan 20267,76212,72659.138.00$560,749
Dec 202511,36815,03056.664.41$710,444
Nov 20258,31013,78258.593.93$540,997
Oct 202510,07516,71059.383.30$653,477
Sep 20258,29517,18362.743.08$573,299
Aug 202510,59122,03863.933.01$743,522
Jul 202511,70421,53766.743.32$852,524
Jun 202512,18521,31866.483.13$876,757
May 202514,49519,82360.553.23$941,747
Apr 202514,59920,36762.363.54$982,556
Mar 202516,12117,05267.704.27$1,164,175
Feb 202510,07711,51470.884.34$764,238
Jan 202516,86922,49074.324.28$1,349,932
Dec 202418,47925,15768.993.12$1,353,391
Nov 202418,14823,70469.052.20$1,305,231
Oct 202420,19424,03171.372.28$1,496,070
Sep 202421,84227,44769.612.36$1,585,316
Aug 202426,85329,72875.632.06$2,092,240
Jul 202425,17627,73779.932.15$2,071,858
Jun 202432,40429,20878.082.63$2,607,038
May 20246,23728,84078.812.20$554,941
Apr 202448,78419,89384.451.66$4,152,815
Mar 202425,0066,16380.301.55$2,017,504
Feb 202426318676.091.78$20,343
Jan 20245,6425,34073.023.30$429,588
Dec 202311,1242,31971.262.61$798,751
Nov 202311,4561,95777.892.81$897,802
Oct 202311,1331,32185.443.09$955,282
Sep 20239,1792,16289.042.74$823,211
Aug 202310,8464,52080.522.67$885,401
Jul 202313,3293,27474.852.64$1,006,325
Jun 202314,1632,33568.962.26$981,954
May 202313,1961,68970.622.23$935,664
Apr 202316,0402,09878.122.24$1,257,740
Mar 202318,0362,49772.852.39$1,319,898
Feb 202316,6125,16375.112.47$1,260,458
Jan 202320,6936,63476.533.39$1,606,109
Dec 202222,1806,43276.415.73$1,731,623
Nov 202218,8716,82885.005.65$1,642,587
Oct 202210,3612,62587.185.86$918,664
Sep 20221,575084.888.16$133,686
Aug 202211,2434,59094.529.13$1,104,582
Jul 202230,91512,690101.587.54$3,236,055
Jun 202236,86910,183115.097.98$4,324,485
May 202239,60413,328109.378.43$4,443,885
Apr 202231,21410,964104.226.84$3,328,091
Mar 202218,1197,009108.885.08$2,008,377
Feb 2022162091.054.86$14,750
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$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                9,757 bbl  × $106.41 = $1,038,242
Casinghead gas    21,941 Mcf  × $  3.05 =    $66,829

────────────────────────────────────────────────────
Month total                               $1,105,071

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/56709 is the state's own key, not one this site invented.