MUSTANG 145 MIPA UNIT

Operated by PERMIAN DEEP ROCK OIL CO., LLC (P-5 655805) 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 57859District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$88.1 M
Aug 2022 – May 2026
Value, last 12 filed months
$7.8 M
at the published price for each month
Months reported
46
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
OilDisposition1,071,723 bbl$83,108,703
Casinghead gasProduction1,509,418 Mcf$4,965,876
Total$88,074,578

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 32.0059, -102.0852. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00589, -102.08519 · 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
9,255 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 8,971 and 9,539 ft, median 9,255 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2022
2 of 2 wells

2 wells

42-32944989H145LS8,971 ftAug 2022
42-32944987H145WA9,539 ftAug 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 (46)

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

46 months

May 202600106.413.05$0
Apr 20268,96827,44298.932.87$965,955
Mar 20269,26825,15589.753.15$911,027
Feb 20268,64221,87163.503.75$630,790
Jan 20269,80023,86159.138.00$770,312
Dec 20259,76920,99256.664.41$646,157
Nov 20258,78617,54758.593.93$583,669
Oct 202511,58416,19259.383.30$741,370
Sep 202511,40117,63062.743.08$769,545
Aug 20259,42410,45163.933.01$633,984
Jul 202511,2965,52366.743.32$772,205
Jun 20256,02699566.483.13$403,722
May 20253,27628560.553.23$199,283
Apr 20254229762.363.54$26,660
Mar 202518667.704.27$1,244
Feb 20259805,97670.884.34$95,403
Jan 202511,85431,93774.324.28$1,017,637
Dec 202415,60337,11368.993.12$1,192,294
Nov 202415,13336,54969.052.20$1,125,284
Oct 202416,29841,35171.372.28$1,257,526
Sep 202416,75340,11869.612.36$1,261,030
Aug 202418,14142,53575.632.06$1,459,780
Jul 202421,01044,51779.932.15$1,774,889
Jun 202421,87249,43378.082.63$1,837,971
May 202424,07156,70478.812.20$2,021,696
Apr 202427,77552,42684.451.66$2,432,584
Mar 202425,13361,41580.301.55$2,113,074
Feb 202424,72056,70476.091.78$1,982,084
Jan 202428,77559,55973.023.30$2,297,556
Dec 202330,87865,92171.262.61$2,372,468
Nov 202332,12864,84577.892.81$2,684,506
Oct 202335,39357,51585.443.09$3,201,543
Sep 202335,59138,98789.042.74$3,275,654
Aug 202341,84640,38180.522.67$3,477,373
Jul 202344,73633,33174.852.64$3,436,543
Jun 202339,57432,10368.962.26$2,801,527
May 202339,89837,91070.622.23$2,902,037
Apr 202334,18331,51978.122.24$2,740,908
Mar 202326,44522,23672.852.39$1,979,733
Feb 202318,35415,87175.112.47$1,417,702
Jan 202353,21542,62676.533.39$4,216,949
Dec 202254,38949,28176.415.73$4,438,198
Nov 202253,90551,57885.005.65$4,873,145
Oct 202265,88456,12887.185.86$6,072,888
Sep 202267,59248,56084.888.16$6,133,637
Aug 202220,91416,24294.529.13$2,125,035

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.

Apr 2026 — as filed, then multipliedworked
Oil                8,968 bbl  × $ 98.93 =   $887,204
Casinghead gas    27,442 Mcf  × $  2.87 =    $78,751

────────────────────────────────────────────────────
Month total                                 $965,955

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/57859 is the state's own key, not one this site invented.