POWELL 24 - 13 A UNIT

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 57089District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.5 M
Feb 2022 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
52
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
OilDisposition154,747 bbl$12,684,925
Casinghead gasProduction403,446 Mcf$1,806,842
Total$14,491,766

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 32.2545, -101.2909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25451, -101.29089 · 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
8,433 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 8,433 ft.

Completions filed
Apr 2022
1 of 1 wells

1 well

42-22741506D 1H8,433 ftApr 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 (52)

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

52 months

May 20261,8133,987106.413.05$205,065
Apr 20261,2273,81798.932.87$132,341
Mar 20261,5496,79289.753.15$160,414
Feb 20261,2583,91363.503.75$94,558
Jan 20261,6045,19559.138.00$136,394
Dec 20251,0865,14756.664.41$84,248
Nov 20251,24924,94558.593.93$171,124
Oct 20251,90293959.383.30$116,044
Sep 20251,3621,27262.743.08$89,366
Aug 20251,6897,16163.933.01$129,566
Jul 20252,07028,61166.743.32$233,003
Jun 20251,60830,88866.483.13$203,540
May 20252,4412,80460.553.23$156,866
Apr 20251,5003,25362.363.54$105,066
Mar 20251,7562,14467.704.27$128,032
Feb 20253,9605,15870.884.34$303,075
Jan 20254,2924,53474.324.28$338,381
Dec 20243,7165,12768.993.12$272,370
Nov 20243,8294,53569.052.20$274,362
Oct 20244,1772,65371.372.28$304,165
Sep 20242,69932769.612.36$188,651
Aug 20242,5683,48675.632.06$201,412
Jul 20241,6524,85179.932.15$142,457
Jun 20242,0076,82578.082.63$174,683
May 20242,1017,17378.812.20$181,349
Apr 20242,1136,56984.451.66$189,342
Mar 20242,3934,38880.301.55$198,938
Feb 20242,2234,25276.091.78$176,732
Jan 20242,5636,79873.023.30$209,568
Dec 20232,4485,73371.262.61$189,412
Nov 20232,6325,84277.892.81$221,408
Oct 20232,8816,52085.443.09$266,282
Sep 20232,6718,23889.042.74$260,357
Aug 20233,1297,91280.522.67$273,095
Jul 20232,5505,24874.852.64$204,732
Jun 20232,9966,64168.962.26$221,603
May 20233,1898,96770.622.23$245,180
Apr 20235,9249,16078.122.24$483,281
Mar 20239242,03972.852.39$72,193
Feb 20234,2398,69675.112.47$339,833
Jan 20234,5177,14976.533.39$369,905
Dec 20224,7239,74776.415.73$416,726
Nov 20224,78311,10985.005.65$469,279
Oct 20224,99412,00387.185.86$505,760
Sep 20225,55825,85384.888.16$682,819
Aug 20226,04230,38294.529.13$848,391
Jul 20226,62115,768101.587.54$791,485
Jun 20228,13918,895115.097.98$1,087,447
May 202210,7660109.378.43$1,177,477
Apr 20226140104.226.84$63,991
Mar 202200108.885.08$0
Feb 20220091.054.86$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                1,813 bbl  × $106.41 =   $192,921
Casinghead gas     3,987 Mcf  × $  3.05 =    $12,144

────────────────────────────────────────────────────
Month total                                 $205,065

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/57089 is the state's own key, not one this site invented.