TREATY OAK W UNIT C

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 58984District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$63.2 M
Jan 2023 – May 2026
Value, last 12 filed months
$9.7 M
at the published price for each month
Months reported
41
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
OilDisposition781,853 bbl$59,300,034
Casinghead gasProduction1,304,816 Mcf$3,880,286
Total$63,180,320

Wells on this lease (3)

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 32.4320, -101.9149. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.43212, -101.91474 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,880 ft
3 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.
3100.0%

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 8,213 and 9,185 ft, median 8,880 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2023
3 of 3 wells

3 wells

42-317446783LS8,880 ftJun 2023
42-317446872WA9,185 ftJun 2023
42-317446882JM8,213 ftJun 2023

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 (41)

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

41 months

May 202610,6405,586106.413.05$1,149,216
Apr 20264,03213,54398.932.87$437,750
Mar 20269,08637,16789.753.15$932,524
Feb 20269,17334,25463.503.75$710,949
Jan 202610,10435,02859.138.00$877,601
Dec 20259,85934,36656.664.41$710,280
Nov 202511,17140,45958.593.93$813,369
Oct 202511,96738,51659.383.30$837,890
Sep 202511,86437,71162.743.08$860,381
Aug 20259,75332,46863.933.01$721,393
Jul 20259,91529,36966.743.32$759,091
Jun 202511,32729,94766.483.13$846,715
May 202512,07832,11060.553.23$835,113
Apr 202512,48829,42262.363.54$882,997
Mar 202514,53233,04367.704.27$1,124,855
Feb 202511,89927,69270.884.34$963,608
Jan 20257,35015,50474.324.28$612,589
Dec 202410,06419,37168.993.12$754,779
Nov 202412,71236,14569.052.20$957,226
Oct 202415,04835,48471.372.28$1,154,929
Sep 202414,05630,21769.612.36$1,049,882
Aug 202415,55930,56375.632.06$1,239,798
Jul 202414,52435,47479.932.15$1,237,051
Jun 202412,39524,95978.082.63$1,033,543
May 202419,49736,76878.812.20$1,617,391
Apr 202429,37758,31884.451.66$2,577,649
Mar 202435,18164,82580.301.55$2,925,197
Feb 202434,68655,39776.091.78$2,738,066
Jan 202437,07859,27273.023.30$2,902,894
Dec 202346,96751,10971.262.61$3,480,300
Nov 202346,48851,44977.892.81$3,765,396
Oct 202356,49051,54185.443.09$4,985,627
Sep 202363,52151,76189.042.74$5,797,478
Aug 202345,88335,38280.522.67$3,789,071
Jul 202361,54648,10274.852.64$4,733,794
Jun 202333,54322,49468.962.26$2,363,928
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0

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               10,640 bbl  × $106.41 = $1,132,202
Casinghead gas     5,586 Mcf  × $  3.05 =    $17,014

────────────────────────────────────────────────────
Month total                               $1,149,216

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/58984 is the state's own key, not one this site invented.