PALM SPRINGS UNIT A

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 60188District 08Field 85280300OilCasinghead gasSave
Value, all time
$51.1 M
Jun 2023 – May 2026
Value, last 12 filed months
$8.9 M
at the published price for each month
Months reported
36
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition613,357 bbl$46,505,843
Casinghead gasProduction1,529,023 Mcf$4,591,400
Total$51,097,243

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 32.1415, -101.5408. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.14146, -101.54077 · 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
8,200 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 7,299 and 9,100 ft, median 8,200 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2023
2 of 2 wells

2 wells

42-227420061741DP7,299 ftJun 2023
42-227420051781CP9,100 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 20267,76237,662106.413.05$940,667
Apr 20267,67433,11298.932.87$854,211
Mar 20269,49338,59189.753.15$973,537
Feb 20268,89234,22263.503.75$692,985
Jan 20269,35235,62659.138.00$837,918
Dec 202510,48440,68256.664.41$773,568
Nov 202513,07043,81658.593.93$937,812
Oct 20259,99639,63259.383.30$724,540
Sep 20259,98044,49262.743.08$763,044
Aug 20259,17834,11963.933.01$689,610
Jul 20254,39226,47966.743.32$380,905
Jun 20253,95531,43966.483.13$361,292
May 20252,71240,16260.553.23$294,028
Apr 20257,25543,67562.363.54$607,168
Mar 20256,49236,28567.704.27$594,384
Feb 20255,22131,69870.884.34$507,660
Jan 20259,52840,31074.324.28$880,595
Dec 202415,35245,19468.993.12$1,200,202
Nov 202412,14431,90369.052.20$908,680
Oct 202413,61342,67871.372.28$1,068,925
Sep 202415,70448,48569.612.36$1,207,791
Aug 202417,35657,18475.632.06$1,430,641
Jul 202420,78853,45779.932.15$1,776,335
Jun 202416,11830,64378.082.63$1,339,206
May 202415,94346,16278.812.20$1,357,952
Apr 202419,76453,99084.451.66$1,758,650
Mar 202419,59146,34780.301.55$1,644,769
Feb 202420,66346,83976.091.78$1,655,792
Jan 202429,63851,77973.023.30$2,334,916
Dec 202333,78762,54071.262.61$2,570,936
Nov 202335,06554,52577.892.81$2,884,295
Oct 202342,84154,34585.443.09$3,828,113
Sep 202333,41339,79389.042.74$3,083,929
Aug 202349,65061,73380.522.67$4,162,823
Jul 202352,10453,37074.852.64$4,040,977
Jun 202314,38716,05468.962.26$1,028,385

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                7,762 bbl  × $106.41 =   $825,954
Casinghead gas    37,662 Mcf  × $  3.05 =   $114,712

────────────────────────────────────────────────────
Month total                                 $940,667

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/60188 is the state's own key, not one this site invented.