HSE 320T

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 58863District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$42.8 M
Nov 2021 – May 2026
Value, last 12 filed months
$3.2 M
at the published price for each month
Months reported
54
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
OilDisposition408,232 bbl$34,687,208
Casinghead gasProduction1,894,464 Mcf$8,091,840
Total$42,779,048

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 32.3100, -102.0795. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31005, -102.07947 · 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
9,536 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 9,067 and 10,004 ft, median 9,536 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2021 – Dec 2021
2 of 2 wells

2 wells

42-317434322109HN9,067 ftDec 2021
42-317434312108HE10,004 ftNov 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 (54)

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

54 months

May 20262,51918,493106.413.05$324,374
Apr 20263,05324,78198.932.87$373,148
Mar 20263,49619,92289.753.15$376,509
Feb 20264584,88763.503.75$47,411
Jan 20261,74318,40959.138.00$250,297
Dec 20253,09227,81756.664.41$297,959
Nov 20253,12228,37158.593.93$294,315
Oct 20253,36025,38059.383.30$283,394
Sep 20252,37719,11962.743.08$207,961
Aug 20252,60018,21263.933.01$221,123
Jul 20252,96821,99466.743.32$270,999
Jun 20252,79218,45866.483.13$243,362
May 20252,84622,57260.553.23$245,285
Apr 20252,68621,25262.363.54$242,797
Mar 20253,28923,73367.704.27$323,965
Feb 20252,86618,80470.884.34$284,767
Jan 20253,64721,26874.324.28$362,044
Dec 20242,88319,12668.993.12$258,597
Nov 20243,8039,33769.052.20$283,124
Oct 20243,11623,79971.372.28$276,684
Sep 20243,31019,31669.612.36$276,079
Aug 20242,52021,92975.632.06$235,841
Jul 20243,06132,09879.932.15$313,567
Jun 20243,78037,23378.082.63$393,213
May 20244,35935,93978.812.20$422,543
Apr 20244,25335,34284.451.66$417,805
Mar 20245,07336,82380.301.55$464,258
Feb 20245,10637,36176.091.78$455,154
Jan 20245,70741,59673.023.30$553,895
Dec 20237,34945,15371.262.61$641,572
Nov 20236,63946,87277.892.81$648,708
Oct 202310,35357,53685.443.09$1,062,190
Sep 20239,34452,55389.042.74$975,724
Aug 202313,71865,87880.522.67$1,280,657
Jul 20238,32845,67174.852.64$744,004
Jun 20238,66545,14668.962.26$699,500
May 20237,93727,26170.622.23$621,232
Apr 20232,5173,18378.122.24$203,751
Mar 20231,0874,04972.852.39$88,878
Feb 20236,69127,14875.112.47$569,499
Jan 202311,02155,34476.533.39$1,030,927
Dec 202210,53154,70876.415.73$1,118,100
Nov 202210,68953,67385.005.65$1,211,613
Oct 202211,66155,71087.185.86$1,343,276
Sep 20229,35539,68984.888.16$1,118,061
Aug 202212,79849,80294.529.13$1,664,218
Jul 202214,60159,947101.587.54$1,935,295
Jun 202215,26060,216115.097.98$2,236,628
May 202217,49364,782109.378.43$2,459,519
Apr 202219,51767,963104.226.84$2,498,766
Mar 202225,32380,640108.885.08$3,166,529
Feb 202231,59683,89391.054.86$3,284,438
Dec 202139,90741,00071.323.90$3,006,031
Nov 20211,9673,27677.435.24$169,461

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                2,519 bbl  × $106.41 =   $268,047
Casinghead gas    18,493 Mcf  × $  3.05 =    $56,327

────────────────────────────────────────────────────
Month total                                 $324,374

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/58863 is the state's own key, not one this site invented.