PALM SPRINGS UNIT B

Operated by OXY USA INC. (P-5 630591) 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 59935District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$64.6 M
Jun 2023 – May 2026
Value, last 12 filed months
$10.1 M
at the published price for each month
Months reported
36
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
OilDisposition755,882 bbl$57,836,021
Casinghead gasProduction2,233,875 Mcf$6,750,102
Total$64,586,123

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 32.1415, -101.5370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.14217, -101.53724 · 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
7,527 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 7,278 and 9,363 ft, median 7,527 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2023
3 of 3 wells

3 wells

42-227420071751AP7,527 ftJun 2023
42-227420091743DP7,278 ftJun 2023
42-227420081783CP9,363 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 (36)

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

36 months

May 20268,17343,557106.413.05$1,002,357
Apr 20269,81648,49398.932.87$1,110,258
Mar 202610,84949,85289.753.15$1,130,704
Feb 20266,16829,42063.503.75$502,002
Jan 20269,95449,65359.138.00$985,701
Dec 202512,27459,08356.664.41$956,199
Nov 202514,84264,60558.593.93$1,123,260
Oct 20259,28352,16459.383.30$723,618
Sep 20259,58960,85962.743.08$788,872
Aug 20258,24750,54563.933.01$679,612
Jul 20256,24844,02766.743.32$562,950
Jun 20255,05347,83066.483.13$485,570
May 20252,42851,40860.553.23$313,183
Apr 20256,81064,93562.363.54$654,744
Mar 20257,54166,91367.704.27$796,132
Feb 20257,71062,70470.884.34$818,673
Jan 202512,31572,56674.324.28$1,225,737
Dec 202417,77872,04368.993.12$1,451,377
Nov 202413,03954,45969.052.20$1,020,068
Oct 202417,36674,21871.372.28$1,408,732
Sep 202419,63256,40269.612.36$1,499,938
Aug 202417,16363,15475.632.06$1,428,364
Jul 202422,53279,28679.932.15$1,971,177
Jun 202421,17774,35778.082.63$1,849,355
May 202421,18776,69278.812.20$1,838,350
Apr 202424,32368,24584.451.66$2,167,309
Mar 202427,68569,25280.301.55$2,330,109
Feb 202430,05173,35076.091.78$2,417,411
Jan 202434,73580,24373.023.30$2,800,964
Dec 202344,93793,32171.262.61$3,445,846
Nov 202348,62081,93377.892.81$4,017,044
Oct 202363,21587,47685.443.09$5,671,153
Sep 202356,84969,43389.042.74$5,251,737
Aug 202355,86564,07780.522.67$4,669,520
Jul 202350,77551,58274.852.64$3,936,778
Jun 202321,65325,73868.962.26$1,551,320

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                8,173 bbl  × $106.41 =   $869,689
Casinghead gas    43,557 Mcf  × $  3.05 =   $132,668

────────────────────────────────────────────────────
Month total                               $1,002,357

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/59935 is the state's own key, not one this site invented.