DENALI 48G

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 58043District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$43.1 M
Dec 2021 – May 2026
Value, last 12 filed months
$3.2 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
OilDisposition416,589 bbl$36,358,313
Casinghead gasProduction1,589,881 Mcf$6,705,098
Total$43,063,411

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 32.3624, -101.4198. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36243, -101.41978 · 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
6,927 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 6,831 and 7,022 ft, median 6,927 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2021
2 of 2 wells

2 wells

42-227411484HF6,831 ftDec 2021
42-227411495HJ7,022 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 20261,68234,304106.413.05$283,466
Apr 20262,37231,42298.932.87$324,834
Mar 20261,43423,65489.753.15$203,198
Feb 20262,03928,73563.503.75$237,242
Jan 20262,46531,95759.138.00$401,345
Dec 20252,47828,16356.664.41$264,697
Nov 20251,80322,19358.593.93$192,777
Oct 20251,56129,74559.383.30$190,995
Sep 20252,58234,40162.743.08$267,844
Aug 20252,40633,16863.933.01$253,809
Jul 20253,52631,55466.743.32$339,933
Jun 20253,24920,29466.483.13$279,488
May 20253,77021,14160.553.23$296,608
Apr 20252,68221,05862.363.54$241,861
Mar 20252,33023,21567.704.27$256,830
Feb 20252,77721,35270.884.34$289,519
Jan 20253,25822,56374.324.28$338,674
Dec 20242,99317,12868.993.12$259,950
Nov 20243,01017,18769.052.20$245,625
Oct 20242,60816,71371.372.28$224,262
Sep 20243,36716,09169.612.36$272,422
Aug 20243,48716,43975.632.06$297,646
Jul 20243,52016,13679.932.15$315,991
Jun 20243,72822,04578.082.63$349,148
May 20245,21035,13078.812.20$487,831
Apr 20244,87534,26784.451.66$468,550
Mar 20244,61630,16680.301.55$417,275
Feb 20244,11823,44776.091.78$355,160
Jan 20243,64722,41873.023.30$340,231
Dec 20234,44616,55871.262.61$360,050
Nov 20233,53719,84177.892.81$331,202
Oct 20234,21023,81085.443.09$433,211
Sep 20236,64834,99289.042.74$687,642
Aug 20235,41127,85580.522.67$510,147
Jul 20235,29425,85774.852.64$464,565
Jun 20236,23630,37968.962.26$498,645
May 20235,41727,59570.622.23$444,014
Apr 20238,31039,67178.122.24$737,951
Mar 20239,83741,24772.852.39$815,336
Feb 20239,97536,08575.112.47$838,196
Jan 202312,80239,63276.533.39$1,113,999
Dec 202215,41936,73676.415.73$1,388,629
Nov 202215,49121,98185.005.65$1,440,844
Oct 20222,2947,90987.185.86$246,367
Sep 202211,95442,06284.888.16$1,358,036
Aug 202213,50445,54494.529.13$1,692,085
Jul 202216,68548,331101.587.54$2,059,379
Jun 202219,19151,022115.097.98$2,615,705
May 202223,40555,294109.378.43$3,026,101
Apr 202226,28754,946104.226.84$3,115,330
Mar 202235,11462,922108.885.08$4,142,630
Feb 202244,98158,14791.054.86$4,378,047
Dec 202122,54815,37971.323.90$1,668,088

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                1,682 bbl  × $106.41 =   $178,982
Casinghead gas    34,304 Mcf  × $  3.05 =   $104,485

────────────────────────────────────────────────────
Month total                                 $283,466

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/58043 is the state's own key, not one this site invented.