BUTTERBUMPS 39-46 A

Operated by BIRCH OPERATIONS, INC. (P-5 71331) 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 60458District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$45.7 M
Sep 2023 – May 2026
Value, last 12 filed months
$6.6 M
at the published price for each month
Months reported
33
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
OilDisposition582,515 bbl$44,127,373
Casinghead gasProduction508,584 Mcf$1,528,691
Total$45,656,064

Every month this lease reported (33)

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

33 months

May 20268,14717,118106.413.05$919,061
Apr 20265,93313,10598.932.87$624,559
Mar 20266,39913,87489.753.15$618,006
Feb 20265,92710,92063.503.75$417,318
Jan 20266,84212,80159.138.00$506,949
Dec 20257,67912,80056.664.41$491,583
Nov 20256,67610,77158.593.93$433,439
Oct 20256,33810,44359.383.30$410,863
Sep 20256,26910,96662.743.08$427,059
Aug 20257,10612,27363.933.01$491,287
Jul 20256,97712,44966.743.32$506,916
Jun 202510,83817,77066.483.13$776,108
May 202512,17716,03660.553.23$789,151
Apr 20258,91211,34562.363.54$595,949
Mar 202511,33011,66367.704.27$816,822
Feb 202512,94914,86970.884.34$982,369
Jan 202515,89215,77274.324.28$1,248,577
Dec 202413,87012,50668.993.12$995,927
Nov 20247,9617,53069.052.20$566,261
Oct 20249,83810,91271.372.28$727,033
Sep 202416,52118,52969.612.36$1,193,836
Aug 202421,02922,53275.632.06$1,636,921
Jul 202424,26523,61079.932.15$1,990,182
Jun 202426,88624,72578.082.63$2,164,384
May 202431,48924,68178.812.20$2,535,908
Apr 202437,97522,24884.451.66$3,243,903
Mar 202442,98619,96280.301.55$3,482,620
Feb 202431,22014,37776.091.78$2,401,173
Jan 202444,07421,38273.023.30$3,288,794
Dec 202333,18215,83971.262.61$2,405,901
Nov 202339,82820,18077.892.81$3,158,859
Oct 202345,34620,21985.443.09$3,936,784
Sep 20239,6544,37789.042.74$871,563

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                8,147 bbl  × $106.41 =   $866,922
Casinghead gas    17,118 Mcf  × $  3.05 =    $52,139

────────────────────────────────────────────────────
Month total                                 $919,061

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/60458 is the state's own key, not one this site invented.