SEBASTIAN THE IBIS 34-27 C

Operated by BIRCH OPERATIONS, INC. (P-5 71331) 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 57076District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$56.3 M
Jan 2022 – May 2026
Value, last 12 filed months
$4.0 M
at the published price for each month
Months reported
53
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
OilDisposition544,231 bbl$49,111,515
Casinghead gasProduction1,813,918 Mcf$7,204,873
Total$56,316,388

Wells on this lease (2)

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 32.4008, -101.5830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40079, -101.58300 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,561 ft
2 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.
2100.0%

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

Between 7,395 and 7,726 ft, median 7,561 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2022
2 of 2 wells

2 wells

42-227407673WA7,726 ftJan 2022
42-227407683LS7,395 ftJan 2022

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 (53)

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

53 months

May 20261,98535,872106.413.05$320,484
Apr 20262,29033,88198.932.87$323,779
Mar 20262,64034,32789.753.15$345,051
Feb 20262,46627,92663.503.75$261,322
Jan 20262,81230,89959.138.00$413,401
Dec 20252,33129,00656.664.41$260,088
Nov 20253,20739,42358.593.93$342,690
Oct 20253,28538,67259.383.30$322,868
Sep 20253,90939,87962.743.08$367,955
Aug 20253,82736,81663.933.01$355,652
Jul 20253,59149,42366.743.32$403,510
Jun 20252,98043,05666.483.13$332,821
May 20252,80836,90260.553.23$289,303
Apr 20253,03429,33862.363.54$293,148
Mar 20252,05927,64067.704.27$257,371
Feb 20251,89818,71270.884.34$215,756
Jan 20252,29824,34774.324.28$274,960
Dec 20243,63245,86368.993.12$393,727
Nov 20243,96037,36869.052.20$355,589
Oct 20244,06641,40771.372.28$384,656
Sep 20244,33433,90169.612.36$381,844
Aug 20244,89035,75875.632.06$443,622
Jul 20246,96756,61779.932.15$678,406
Jun 20249,44559,61178.082.63$894,480
May 202410,17144,76178.812.20$899,981
Apr 20243,60626,04384.451.66$347,737
Mar 20244,15625,54080.301.55$373,189
Feb 20245,73930,90576.091.78$491,804
Jan 20244,48017,04373.023.30$383,332
Dec 202326853871.262.61$20,502
Nov 20232,1139,19777.892.81$190,403
Oct 20236,23524,47385.443.09$608,273
Sep 20237,54430,54689.042.74$755,262
Aug 20237,84829,16180.522.67$709,865
Jul 20238,72430,45174.852.64$733,437
Jun 20238,48327,44068.962.26$646,960
May 20236,86326,02770.622.23$542,638
Apr 202310,97636,61078.122.24$939,370
Mar 202310,64336,13372.852.39$861,815
Feb 202310,53435,21175.112.47$878,028
Jan 202312,79840,91676.533.39$1,118,043
Dec 202215,12043,56776.415.73$1,404,918
Nov 202216,95243,95385.005.65$1,689,087
Oct 202221,45748,70587.185.86$2,156,216
Sep 202217,95639,00184.888.16$1,842,497
Aug 202223,37744,10794.529.13$2,612,166
Jul 202229,70047,392101.587.54$3,374,360
Jun 202233,47246,121115.097.98$4,220,209
May 202240,53143,101109.378.43$4,796,348
Apr 202252,11240,008104.226.84$5,704,671
Mar 202249,12033,396108.885.08$5,517,717
Feb 202232,73522,92891.054.86$3,091,925
Jan 20225,8044,00081.844.54$493,150

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                1,985 bbl  × $106.41 =   $211,224
Casinghead gas    35,872 Mcf  × $  3.05 =   $109,260

────────────────────────────────────────────────────
Month total                                 $320,484

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/57076 is the state's own key, not one this site invented.