ROBYN LEE I

Operated by HIBERNIA RESOURCES IV, LLC (P-5 101969) 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 62279District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$55.8 M
Jun 2024 – May 2026
Value, last 12 filed months
$28.0 M
at the published price for each month
Months reported
24
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
OilDisposition787,203 bbl$53,912,191
Casinghead gasProduction513,838 Mcf$1,878,866
Total$55,791,057

Every month this lease reported (24)

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

24 months

May 202618,36320,728106.413.05$2,017,141
Apr 202620,18622,09298.932.87$2,060,399
Mar 202623,68924,07189.753.15$2,201,898
Feb 202619,42818,42463.503.75$1,302,774
Jan 202628,95627,48459.138.00$1,931,983
Dec 202530,49828,26556.664.41$1,852,760
Nov 202535,59831,11758.593.93$2,207,866
Oct 202541,57331,71959.383.30$2,573,431
Sep 202543,44628,84662.743.08$2,814,559
Aug 202538,06922,85363.933.01$2,502,647
Jul 202548,76429,10266.743.32$3,350,988
Jun 202547,20725,37366.483.13$3,217,706
May 202516,7507,86360.553.23$1,039,628
Apr 202538,93223,83362.363.54$2,512,243
Mar 202561,65131,94767.704.27$4,310,133
Feb 202552,69125,74370.884.34$3,846,484
Jan 202559,23029,76374.324.28$4,529,320
Dec 202460,07831,24368.993.12$4,242,302
Nov 202454,43328,09969.052.20$3,820,373
Oct 202446,02224,27771.372.28$3,339,976
Sep 20241,63999669.612.36$116,446
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0

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               18,363 bbl  × $106.41 = $1,954,007
Casinghead gas    20,728 Mcf  × $  3.05 =    $63,134

────────────────────────────────────────────────────
Month total                               $2,017,141

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/62279 is the state's own key, not one this site invented.