BIG EL 45-04 D

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 57677District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$62.3 M
Jul 2022 – May 2026
Value, last 12 filed months
$6.4 M
at the published price for each month
Months reported
47
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
OilDisposition755,696 bbl$56,446,436
Casinghead gasProduction2,082,997 Mcf$5,900,064
Total$62,346,500

Wells on this lease (3)

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 32.4631, -101.5001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.46308, -101.50000 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,280 ft
3 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.
3100.0%

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 6,570 and 7,599 ft, median 7,280 ft, over the 3 wells that filed a depth.

Completions filed
Dec 2022
3 of 3 wells

3 wells

42-227416634SA7,599 ftDec 2022
42-227416644MS6,570 ftDec 2022
42-227416654SS7,280 ftDec 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 (47)

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

47 months

May 20264,42730,158106.413.05$562,934
Apr 20264,00725,33998.932.87$469,128
Mar 20265,04528,15789.753.15$541,468
Feb 20265,22629,37763.503.75$442,024
Jan 20262,78216,05559.138.00$292,906
Dec 20254,82829,36256.664.41$403,140
Nov 20257,40941,22558.593.93$595,961
Oct 20257,24748,79959.383.30$591,600
Sep 20256,31540,49962.743.08$520,815
Aug 20257,01145,74263.933.01$586,114
Jul 20258,24255,46866.743.32$733,959
Jun 20257,15150,69266.483.13$634,000
May 20258,90756,56560.553.23$722,155
Apr 20258,99551,81062.363.54$744,497
Mar 20255,74545,22867.704.27$581,984
Feb 20257,87345,43070.884.34$755,243
Jan 202510,73153,32674.324.28$1,025,693
Dec 202411,58454,44768.993.12$969,129
Nov 202411,33354,59969.052.20$902,576
Oct 202412,05759,18071.372.28$995,521
Sep 202411,49457,90469.612.36$937,003
Aug 202411,29258,60675.632.06$974,955
Jul 202412,77760,83479.932.15$1,151,851
Jun 202412,87557,26178.082.63$1,156,104
May 202412,57553,01078.812.20$1,107,575
Apr 202416,36554,08684.451.66$1,471,764
Mar 202418,37649,54780.301.55$1,552,149
Feb 202420,09352,02876.091.78$1,621,676
Jan 202423,18654,07773.023.30$1,871,369
Dec 202324,39264,11971.262.61$1,905,571
Nov 202325,56961,83477.892.81$2,165,172
Oct 202328,82965,02685.443.09$2,663,903
Sep 202325,24660,53089.042.74$2,413,456
Aug 202329,21966,04580.522.67$2,529,244
Jul 202335,02670,76674.852.64$2,808,646
Jun 202341,24574,21368.962.26$3,011,864
May 202351,10579,50370.622.23$3,786,120
Apr 202363,46980,96278.122.24$5,139,372
Mar 202383,61760,93772.852.39$6,237,330
Feb 202357,52834,97875.112.47$4,407,173
Jan 20234,5034,89876.533.39$361,208
Dec 2022037576.415.73$2,148
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$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                4,427 bbl  × $106.41 =   $471,077
Casinghead gas    30,158 Mcf  × $  3.05 =    $91,856

────────────────────────────────────────────────────
Month total                                 $562,934

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/57677 is the state's own key, not one this site invented.