MineralRecord
Log inSign up

BUTTERBUMPS 39-46 B

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 60459District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$52.6 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 SPRABERRY (TREND AREA) field

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
OilDisposition678,078 bbl$51,300,820
Casinghead gasProduction459,317 Mcf$1,313,623
Total$52,614,443

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 20268,0147,469106.413.05$875,519
Apr 20265,7824,52598.932.87$584,999
Mar 20265,5266,17289.753.15$515,397
Feb 20264,1075,00663.503.75$279,569
Jan 20266,1077,13459.138.00$418,164
Dec 20258,7338,32056.664.41$531,531
Nov 20258,2698,23058.593.93$516,795
Oct 20257,1256,78359.383.30$445,499
Sep 20256,0107,23862.743.08$399,338
Aug 202511,14813,33263.933.01$752,884
Jul 202510,95210,94266.743.32$767,211
Jun 20257,1787,88466.483.13$501,860
May 202511,04710,91860.553.23$704,186
Apr 202510,1929,66062.363.54$669,800
Mar 202514,79613,91267.704.27$1,061,070
Feb 202511,96410,75870.884.34$894,707
Jan 202515,14714,72074.324.28$1,188,707
Dec 202415,67214,22368.993.12$1,125,607
Nov 202416,12313,61669.052.20$1,143,227
Oct 202416,88413,60071.372.28$1,236,038
Sep 202421,65519,75069.612.36$1,554,101
Aug 202423,91820,48775.632.06$1,851,196
Jul 202429,19821,92579.932.15$2,380,860
Jun 202434,42823,96278.082.63$2,751,254
May 202444,22426,76978.812.20$3,544,143
Apr 202448,16524,55984.451.66$4,108,283
Mar 202448,27222,99680.301.55$3,911,773
Feb 202435,66916,28576.091.78$2,743,101
Jan 202450,35522,87573.023.30$3,752,356
Dec 202346,62521,67471.262.61$3,379,082
Nov 202331,59516,00777.892.81$2,505,875
Oct 202352,88322,96785.443.09$4,589,229
Sep 202310,3154,61989.042.74$931,081

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                8,014 bbl  × $106.41 =   $852,770
Casinghead gas     7,469 Mcf  × $  3.05 =    $22,749

────────────────────────────────────────────────────
Month total                                 $875,519

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/60459 is the state's own key, not one this site invented.