GARRETT UNIT 37-48 B

Operated by SPIRIT O&G OPERATING, LLC (P-5 809921) 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 61697District 08Field 85280300OilCasinghead gasSave
Value, all time
$11.4 M
Mar 2024 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
27
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
OilDisposition138,004 bbl$10,396,127
Casinghead gasProduction344,933 Mcf$992,004
Total$11,388,131

Wells on this lease (1)

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 32.3594, -101.5360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35939, -101.53600 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,559 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 7,559 ft.

Completions filed
Mar 2024
1 of 1 wells

1 well

42-2274234623DH7,559 ftMar 2024

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 (27)

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

27 months

May 202600106.413.05$0
Apr 20261,7238,51498.932.87$194,889
Mar 20261,6479,87189.753.15$178,906
Feb 20261,4117,98063.503.75$119,526
Jan 20261,6848,67559.138.00$168,957
Dec 20251,7058,96756.664.41$136,180
Nov 20251,5838,91458.593.93$127,748
Oct 20251,8199,50459.383.30$139,421
Sep 20251,7409,61662.743.08$138,755
Aug 20251,90010,41763.933.01$152,872
Jul 20251,97310,80166.743.32$167,486
Jun 20252,30810,40066.483.13$185,975
May 20252,57510,09460.553.23$188,543
Apr 20252,6819,65562.363.54$201,396
Mar 20252,94311,73367.704.27$249,321
Feb 20252,2098,98570.884.34$195,576
Jan 202560758574.324.28$47,615
Dec 20245,47016,65168.993.12$429,349
Nov 20246,34216,40369.052.20$473,976
Oct 20247,1267,77971.372.28$526,330
Sep 20248,31321,08469.612.36$628,518
Aug 20248,94222,95075.632.06$723,644
Jul 20249,96420,40779.932.15$840,228
Jun 202412,07026,37878.082.63$1,011,905
May 202415,85826,79178.812.20$1,308,667
Apr 202424,38332,43884.451.66$2,112,965
Mar 20249,0289,34180.301.55$739,381

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.

Apr 2026 — as filed, then multipliedworked
Oil                1,723 bbl  × $ 98.93 =   $170,456
Casinghead gas     8,514 Mcf  × $  2.87 =    $24,433

────────────────────────────────────────────────────
Month total                                 $194,889

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/61697 is the state's own key, not one this site invented.