LULO 2543DP

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 60062District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$35.6 M
Apr 2023 – May 2026
Value, last 12 filed months
$4.7 M
at the published price for each month
Months reported
38
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
OilDisposition445,779 bbl$33,285,225
Casinghead gasProduction778,583 Mcf$2,309,510
Total$35,594,735

Wells on this lease (4)

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 32.3694, -101.7245. A lease has no coordinate of its own — that point is the mean of its wells, and they span 26.4 miles, so treat it as the lease's centre and not as its location.

32.27740, -101.70546 · 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
75.0%
3 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
8,686 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
375.0%
BothOn the schedule and plugged. Neither fact cancels the other.
375.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 7,850 and 8,750 ft, median 8,686 ft, over the 4 wells that filed a depth.

Completions filed
Apr 2023
1 of 4 wells; 3 filed none
Plug dates filed
May 1993 – Feb 1994
3 of 4 wells; 1 filed none

4 wells

42-3171021718,750 ftMay 1993Yes
42-3171022028,750 ftMay 1993Yes
42-3171025638,621 ftFeb 1994Yes
42-227419166H7,850 ftApr 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 (38)

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

38 months

May 20263,56817,991106.413.05$434,469
Apr 20263,61017,60798.932.87$407,664
Mar 20263,71620,70089.753.15$398,704
Feb 20263,64418,02563.503.75$298,994
Jan 20264,00021,16559.138.00$405,796
Dec 20254,49121,79256.664.41$350,636
Nov 20254,67422,03758.593.93$360,377
Oct 20255,32721,44159.383.30$387,176
Sep 20254,87919,69562.743.08$366,708
Aug 20255,21821,06763.933.01$397,099
Jul 20255,78921,18666.743.32$456,594
Jun 20256,04418,99666.483.13$461,238
May 20256,58719,01460.553.23$460,302
Apr 20256,13315,32362.363.54$436,745
Mar 20256,71215,62467.704.27$521,091
Feb 20253,77411,12170.884.34$315,776
Jan 20252,6548,15974.324.28$232,155
Dec 20246,79320,92768.993.12$533,970
Nov 20246,96919,62069.052.20$524,343
Oct 20246,32218,76371.372.28$494,007
Sep 20247,56123,50669.612.36$581,898
Aug 20248,14022,28975.632.06$661,624
Jul 20248,26021,50679.932.15$706,386
Jun 20249,11123,75478.082.63$773,954
May 202410,02027,36078.812.20$849,826
Apr 202410,20424,00684.451.66$901,559
Mar 202411,41322,10580.301.55$950,619
Feb 202411,92621,25276.091.78$945,355
Jan 202413,14821,68173.023.30$1,031,564
Dec 202315,67425,14571.262.61$1,182,576
Nov 202316,95224,38877.892.81$1,388,862
Oct 202318,06321,51385.443.09$1,609,719
Sep 202320,78020,15089.042.74$1,905,362
Aug 202335,55227,02380.522.67$2,934,876
Jul 202341,01527,27074.852.64$3,142,015
Jun 202341,93521,10168.962.26$2,939,494
May 202342,47022,97570.622.23$3,050,406
Apr 202322,65111,30678.122.24$1,794,796

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                3,568 bbl  × $106.41 =   $379,671
Casinghead gas    17,991 Mcf  × $  3.05 =    $54,798

────────────────────────────────────────────────────
Month total                                 $434,469

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/60062 is the state's own key, not one this site invented.