BUTCH CASSIDY UNIT 33-40

Operated by LANGFORD & BRIGHAM OPERATING LLC (P-5 102718) 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 57431District 08Field 85280300OilCasinghead gasSave
Value, all time
$49.5 M
Apr 2022 – May 2026
Value, last 12 filed months
$4.6 M
at the published price for each month
Months reported
50
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition545,452 bbl$46,311,851
Casinghead gasProduction780,908 Mcf$3,152,959
Total$49,464,810

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 32.5408, -101.4251. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54081, -101.42511 · 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
7,024 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 6,829 and 7,218 ft, median 7,024 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2022
2 of 2 wells

2 wells

42-227414224HA7,218 ftApr 2022
42-227414277LS6,829 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 (50)

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

50 months

May 20264,01814,083106.413.05$470,450
Apr 20263,68713,77098.932.87$404,271
Mar 20264,57614,29189.753.15$455,705
Feb 20263,89012,40663.503.75$293,541
Jan 20263,91413,21059.138.00$337,087
Dec 20254,35414,01056.664.41$308,529
Nov 20254,45613,58258.593.93$314,406
Oct 20255,50815,08459.383.30$376,915
Sep 20255,48713,27662.743.08$385,104
Aug 20255,48616,25563.933.01$399,725
Jul 20255,42017,66366.743.32$420,287
Jun 20255,48317,23966.483.13$418,446
May 20255,07715,82360.553.23$358,557
Apr 20254,82815,72062.363.54$356,772
Mar 20254,23715,37067.704.27$352,449
Feb 20255,0287,35270.884.34$388,299
Jan 20254,5439,71674.324.28$379,207
Dec 20246,09015,69568.993.12$469,139
Nov 20246,10613,93769.052.20$452,259
Oct 20246,66616,15671.372.28$512,611
Sep 20247,28115,35669.612.36$543,138
Aug 20247,39516,74675.632.06$593,841
Jul 20246,66013,67579.932.15$561,688
Jun 20247,99515,84078.082.63$665,972
May 20249,27315,61878.812.20$765,140
Apr 20248,55713,09284.451.66$744,361
Mar 20247,20213,60780.301.55$599,345
Feb 20247,97111,03276.091.78$626,191
Jan 20248,37114,23973.023.30$658,206
Dec 20239,12910,50571.262.61$677,958
Nov 20239,68512,37777.892.81$789,114
Oct 20238,6827,23285.443.09$764,117
Sep 20239,7488,06089.042.74$890,006
Aug 202310,11816,20780.522.67$858,021
Jul 202310,12017,21774.852.64$802,966
Jun 20239,35116,29168.962.26$681,638
May 20238,60815,62270.622.23$642,693
Apr 202311,16115,63278.122.24$906,878
Mar 202314,66219,72272.852.39$1,115,325
Feb 202313,39617,68875.112.47$1,049,787
Jan 202315,69120,41376.533.39$1,269,986
Dec 202218,52622,41976.415.73$1,544,012
Nov 202219,61821,99485.005.65$1,791,713
Oct 202224,17724,56887.185.86$2,251,812
Sep 202226,95925,39884.888.16$2,495,621
Aug 202231,88131,30394.529.13$3,299,100
Jul 202238,84125,635101.587.54$4,138,810
Jun 202243,49220,812115.097.98$5,171,516
May 202235,51615,091109.378.43$4,011,648
Apr 20226,5322,879104.226.84$700,450

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                4,018 bbl  × $106.41 =   $427,555
Casinghead gas    14,083 Mcf  × $  3.05 =    $42,895

────────────────────────────────────────────────────
Month total                                 $470,450

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/57431 is the state's own key, not one this site invented.