MUSTANG 155 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 57860District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$35.4 M
Jul 2022 – May 2026
Value, last 12 filed months
$2.2 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
OilDisposition417,626 bbl$33,188,468
Casinghead gasProduction629,800 Mcf$2,210,011
Total$35,398,478

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 32.0054, -102.0874. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00536, -102.08735 · 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
9,533 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 9,533 ft.

Completions filed
Jul 2022
1 of 1 wells

1 well

42-32944953H155WA9,533 ftJul 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 202600106.413.05$0
Apr 20263,77813,74498.932.87$413,199
Mar 20263,83712,04089.753.15$382,290
Feb 20263,4978,27363.503.75$253,086
Jan 20263,3655,08559.138.00$239,642
Dec 20253,0683,57456.664.41$189,606
Nov 20252,2331,84758.593.93$138,084
Oct 20253,1753,01059.383.30$198,479
Sep 20252,0481,05962.743.08$131,750
Aug 20252,0851,90063.933.01$139,022
Jul 202598947966.743.32$67,594
Jun 20251,29819566.483.13$86,901
May 20251729260.553.23$1,973
Apr 20254711162.363.54$3,324
Mar 202514867.704.27$982
Feb 20253992,10670.884.34$37,423
Jan 20254,31914,72674.324.28$383,996
Dec 20244,13514,86268.993.12$331,663
Nov 20244,26714,58069.052.20$326,690
Oct 20244,27818,94671.372.28$348,544
Sep 20244,59920,10669.612.36$367,674
Aug 20245,68622,85475.632.06$477,194
Jul 20246,09419,57279.932.15$529,106
Jun 20246,23522,84978.082.63$547,013
May 20246,80226,05178.812.20$593,337
Apr 20246,49421,84984.451.66$584,670
Mar 20249,76130,94880.301.55$831,627
Feb 20249,34927,38976.091.78$760,218
Jan 202410,18324,74073.023.30$825,147
Dec 202312,73529,91371.262.61$985,591
Nov 202313,46330,65277.892.81$1,134,690
Oct 202316,05528,11785.443.09$1,458,544
Sep 20236,1573,06289.042.74$556,594
Aug 202313,26812,30680.522.67$1,101,232
Jul 202313,0627,12674.852.64$996,516
Jun 202315,63910,96168.962.26$1,103,221
May 202316,93212,34270.622.23$1,223,228
Apr 202313,4599,44678.122.24$1,072,555
Mar 202313,06811,41772.852.39$979,327
Feb 202310,7097,25475.112.47$822,239
Jan 202318,77813,06876.533.39$1,481,351
Dec 202221,54815,10776.415.73$1,733,032
Nov 202220,93117,53885.005.65$1,878,158
Oct 202223,26822,32687.185.86$2,159,419
Sep 202234,49327,43384.888.16$3,151,720
Aug 202233,29030,23994.529.13$3,422,567
Jul 20228,7198,298101.587.54$948,260

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                3,778 bbl  × $ 98.93 =   $373,758
Casinghead gas    13,744 Mcf  × $  2.87 =    $39,441

────────────────────────────────────────────────────
Month total                                 $413,199

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/57860 is the state's own key, not one this site invented.