DENALI 48X

Operated by OVINTIV USA INC. (P-5 628658) 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 57907District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$55.4 M
Dec 2021 – May 2026
Value, last 12 filed months
$4.8 M
at the published price for each month
Months reported
53
1 month not filed
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
OilDisposition569,092 bbl$48,151,159
Casinghead gasProduction1,841,335 Mcf$7,259,017
Total$55,410,176

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 32.3628, -101.4178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36282, -101.41781 · 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
7,060 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 6,834 and 7,285 ft, median 7,060 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2021
2 of 2 wells

2 wells

42-227411506HK7,285 ftDec 2021
42-227411527HF6,834 ftDec 2021

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 (53)

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

53 months

May 20263,13030,688106.413.05$426,534
Apr 20264,17738,95198.932.87$525,009
Mar 20264,25039,70789.753.15$506,492
Feb 20264,08134,06263.503.75$386,887
Jan 20263,40228,18559.138.00$426,582
Dec 20254,19131,79356.664.41$377,776
Nov 20253,57526,79458.593.93$314,664
Oct 20254,08627,24259.383.30$332,657
Sep 20254,27629,36262.743.08$358,621
Aug 20254,67230,24163.933.01$389,850
Jul 20254,16131,43166.743.32$381,905
Jun 20254,22030,37066.483.13$375,565
May 20255,39031,39460.553.23$427,840
Apr 20255,55630,03562.363.54$452,890
Mar 20253,78920,83067.704.27$345,424
Feb 20255,35629,16970.884.34$506,251
Jan 20256,10732,96174.324.28$594,902
Dec 20246,43649,55568.993.12$598,699
Nov 20246,47253,41769.052.20$564,326
Oct 20246,94249,98071.372.28$609,475
Sep 20247,11451,67069.612.36$617,372
Aug 20247,03453,61275.632.06$642,617
Jul 20247,50451,23579.932.15$709,775
Jun 20245,39033,92878.082.63$510,217
May 20243,67615,60978.812.20$324,021
Apr 20243,03812,68984.451.66$277,613
Mar 20244,55020,30280.301.55$396,734
Feb 20248,36236,48976.091.78$701,348
Jan 20249,03634,67373.023.30$774,148
Dec 20239,79943,68971.262.61$812,336
Nov 20238,89834,81577.892.81$790,810
Oct 202310,70138,35885.443.09$1,032,715
Sep 20239,58031,00289.042.74$937,795
Aug 202310,71433,51780.522.67$952,278
Jul 202311,44432,44874.852.64$942,305
Jun 202311,34729,30268.962.26$848,667
May 202312,34330,70170.622.23$940,046
Apr 202313,04527,87778.122.24$1,081,457
Mar 202313,45626,92272.852.39$1,044,698
Feb 202317,36133,06475.112.47$1,385,510
Jan 202320,97935,89976.533.39$1,727,139
Dec 202222,86527,29376.415.73$1,903,478
Nov 20229,3174,49985.005.65$817,347
Oct 20228241,87687.185.86$82,837
Sep 202214,56639,71384.888.16$1,560,566
Aug 202217,92143,08894.529.13$2,087,164
Jul 202219,65449,147101.587.54$2,367,124
Jun 202221,87849,496115.097.98$2,912,779
May 202226,47854,062109.378.43$3,351,806
Apr 202229,81756,498104.226.84$3,493,838
Mar 202237,83261,637108.885.08$4,432,042
Feb 202243,25553,66291.054.86$4,199,103
Dec 202125,04516,39671.323.90$1,850,139

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                3,130 bbl  × $106.41 =   $333,063
Casinghead gas    30,688 Mcf  × $  3.05 =    $93,471

────────────────────────────────────────────────────
Month total                                 $426,534

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/57907 is the state's own key, not one this site invented.