FINCH 252O

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 62151District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$25.9 M
Jan 2024 – May 2026
Value, last 12 filed months
$5.0 M
at the published price for each month
Months reported
29
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
OilDisposition336,621 bbl$25,166,745
Casinghead gasProduction270,360 Mcf$753,821
Total$25,920,566

Wells on this lease (4)

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 32.4567, -101.9246. A lease has no coordinate of its own — that point is the mean of its wells, and they span 15.2 miles.

32.47001, -101.86053 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
9,254 ft
4 wells filed one
Completion to plug
9.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 8,587 and 10,524 ft, median 9,254 ft, over the 4 wells that filed a depth.

Completions filed
Apr 1978 – Jan 2024
4 of 4 wells
Plug dates filed
Jul 1987
1 of 4 wells; 3 filed none

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-31745466103HR10,524 ftJan 2024
42-31745469105HF9,148 ftJan 2024
42-31745471106HJ9,360 ftJan 2024
42-3173199318,587 ftApr 1978Jul 1987Yes

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 (29)

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

29 months

May 20265,3096,429106.413.05$584,512
Apr 20265,0515,68698.932.87$516,013
Mar 20265,5096,05589.753.15$513,503
Feb 20265,1165,72063.503.75$346,318
Jan 20265,4616,35359.138.00$373,720
Dec 20256,0655,98856.664.41$370,070
Nov 20256,5297,24058.593.93$410,962
Oct 20256,8016,95959.383.30$426,842
Sep 20256,3445,82562.743.08$415,946
Aug 20255,5735,48763.933.01$372,824
Jul 20254,1573,89966.743.32$290,364
Jun 20255,6905,12066.483.13$394,290
May 20257,4087,01560.553.23$471,229
Apr 20255,6914,96762.363.54$372,489
Mar 20256,2265,70067.704.27$445,830
Feb 20257,6377,59970.884.34$574,297
Jan 20259,6739,19874.324.28$758,253
Dec 202411,35910,34468.993.12$815,945
Nov 20249,4528,83969.052.20$672,093
Oct 202412,38612,89571.372.28$913,407
Sep 202414,98115,97669.612.36$1,080,600
Aug 202418,53917,92275.632.06$1,439,089
Jul 202413,47310,25679.932.15$1,098,912
Jun 202416,00511,68778.082.63$1,280,454
May 202425,45317,76578.812.20$2,045,006
Apr 202433,03519,84484.451.66$2,822,731
Mar 202433,28017,82080.301.55$2,699,918
Feb 202442,79320,88776.091.78$3,293,374
Jan 20241,62588573.023.30$121,576

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                5,309 bbl  × $106.41 =   $564,931
Casinghead gas     6,429 Mcf  × $  3.05 =    $19,582

────────────────────────────────────────────────────
Month total                                 $584,512

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/62151 is the state's own key, not one this site invented.