MUSTANG 135 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 57877District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$29.7 M
Sep 2022 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
45
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
OilDisposition368,485 bbl$28,207,015
Casinghead gasProduction518,677 Mcf$1,455,858
Total$29,662,873

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 32.0062, -102.0831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00621, -102.08314 · 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
9,559 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 9,559 ft.

Completions filed
Sep 2022
1 of 1 wells

1 well

42-32945025H135WA9,559 ftSep 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 (45)

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

45 months

May 202600106.413.05$0
Apr 20262,5053,07398.932.87$256,638
Mar 20264,1116,70089.753.15$390,064
Feb 20263,7585,39963.503.75$258,881
Jan 20264,1155,39559.138.00$286,469
Dec 20254,3805,50556.664.41$272,466
Nov 20254,5345,31458.593.93$286,512
Oct 20253,8242,85959.383.30$236,518
Sep 20252,222062.743.08$139,408
Aug 20252,10231663.933.01$135,334
Jul 20251,51733166.743.32$102,342
Jun 20252,16742766.483.13$145,398
May 20251,20944060.553.23$74,627
Apr 20254931,41462.363.54$35,753
Mar 20254511,46667.704.27$36,790
Feb 20250070.884.34$0
Jan 20252,3618,86674.324.28$213,404
Dec 20245,81224,70368.993.12$478,077
Nov 20245,87014,43469.052.20$437,056
Oct 20245,96717,83271.372.28$466,547
Sep 20246,50622,90369.612.36$507,034
Aug 20247,12317,87275.632.06$575,594
Jul 20248,53623,48479.932.15$732,693
Jun 20249,04225,65278.082.63$773,566
May 202410,40828,52578.812.20$882,965
Apr 202410,74923,62184.451.66$946,945
Mar 202412,91425,58780.301.55$1,076,529
Feb 202413,93921,41476.091.78$1,098,813
Jan 202413,08122,65973.023.30$1,029,896
Dec 202313,75723,86671.262.61$1,042,631
Nov 202313,41820,75677.892.81$1,103,402
Oct 202314,82218,50285.443.09$1,323,513
Sep 202313,54413,82289.042.74$1,243,761
Aug 202317,25214,69880.522.67$1,428,417
Jul 202318,92012,58074.852.64$1,449,396
Jun 202318,63911,49568.962.26$1,311,307
May 202316,40713,67970.622.23$1,189,131
Apr 202313,50812,70178.122.24$1,083,667
Mar 20236,17910,30272.852.39$474,794
Feb 20233401,11275.112.47$28,279
Jan 202315,27917,06176.533.39$1,227,100
Dec 202218,56413,86376.415.73$1,497,897
Nov 202214,41310,53285.005.65$1,284,571
Oct 202216,9417,51787.185.86$1,520,994
Sep 20226,806084.888.16$577,693

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                2,505 bbl  × $ 98.93 =   $247,820
Casinghead gas     3,073 Mcf  × $  2.87 =     $8,819

────────────────────────────────────────────────────
Month total                                 $256,638

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/57877 is the state's own key, not one this site invented.