FOLSOM

Operated by OVINTIV USA INC. (P-5 628658) 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 62034District 08Field 85280300OilCasinghead gasSave
Value, all time
$138.9 M
Nov 2023 – May 2026
Value, last 12 filed months
$22.6 M
at the published price for each month
Months reported
31
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
OilDisposition1,621,666 bbl$119,695,291
Casinghead gasProduction6,466,909 Mcf$19,250,225
Total$138,945,516

Wells on this lease (9)

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 32.3429, -102.1816. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.34282, -102.18166 · 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 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
9,188 ft
9 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.
9100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 9,188 ft, with the middle half between 8,993 and 9,466 ft; the shallowest is 8,686 ft and the deepest 9,776 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

20s

Last completion by decade, 9 of 9 wells, Nov 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 2023
9 of 9 wells

9 wells

42-31745354101HD9,188 ftNov 2023
42-31745355102HG9,748 ftNov 2023
42-31745356103HD8,984 ftNov 2023
42-31745357104HE9,466 ftNov 2023
42-31745358105HC8,686 ftNov 2023
42-31745361106HD9,177 ftNov 2023
42-31745362107HG9,776 ftNov 2023
42-31745363108HD8,993 ftNov 2023
42-31745364109HE9,456 ftNov 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 (31)

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

31 months

May 202615,048163,907106.413.05$2,100,492
Apr 202614,564156,86798.932.87$1,890,981
Mar 202618,672168,39189.753.15$2,206,149
Feb 202614,168142,87863.503.75$1,435,506
Jan 202615,964150,27459.138.00$2,145,831
Dec 202517,649161,52756.664.41$1,712,869
Nov 202518,383159,01558.593.93$1,701,423
Oct 202518,533160,21659.383.30$1,629,978
Sep 202519,246164,24662.743.08$1,712,866
Aug 202518,212164,49763.933.01$1,660,212
Jul 202524,968198,85066.743.32$2,325,592
Jun 202522,518181,48966.483.13$2,064,825
May 202528,523210,10160.553.23$2,406,181
Apr 202527,668185,77862.363.54$2,383,610
Mar 202528,652191,25467.704.27$2,756,074
Feb 202529,474183,48970.884.34$2,885,614
Jan 202535,081211,39674.324.28$3,511,716
Dec 202438,181217,64768.993.12$3,313,464
Nov 202439,961217,06869.052.20$3,236,518
Oct 202444,136233,85371.372.28$3,683,499
Sep 202448,499230,67369.612.36$3,921,409
Aug 202450,850234,14575.632.06$4,328,974
Jul 202459,506256,95179.932.15$5,307,883
Jun 202465,723258,68978.082.63$5,813,033
May 202476,365271,66278.812.20$6,615,558
Apr 202487,708285,61084.451.66$7,880,825
Mar 2024107,923304,10380.301.55$9,136,096
Feb 2024127,133303,15276.091.78$10,214,264
Jan 2024182,983312,68173.023.30$14,392,534
Dec 2023270,061338,02171.262.61$20,127,025
Nov 202355,31448,47977.892.81$4,444,515

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               15,048 bbl  × $106.41 = $1,601,258
Casinghead gas   163,907 Mcf  × $  3.05 =   $499,235

────────────────────────────────────────────────────
Month total                               $2,100,492

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/62034 is the state's own key, not one this site invented.