MURPHY MCDOWELL 82-106 B UNIT

Operated by HIGHPEAK ENERGY HOLDINGS, LLC (P-5 385826) 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 62376District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$13.1 M
Jun 2024 – May 2026
Value, last 12 filed months
$4.3 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
OilDisposition186,500 bbl$12,864,895
Casinghead gasProduction76,719 Mcf$281,002
Total$13,145,898

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 20262,7352,271106.413.05$297,948
Apr 20264,1512,14098.932.87$416,800
Mar 20263,02633089.753.15$272,623
Feb 20262,99593563.503.75$193,689
Jan 20265,4433,07959.138.00$346,470
Dec 20254,9063,52356.664.41$293,522
Nov 20255,6844,88358.593.93$352,198
Oct 20256,34754959.383.30$378,699
Sep 20257,1676,23062.743.08$468,827
Aug 20258,6067,89863.933.01$573,992
Jul 20255,7702,87466.743.32$394,618
Jun 20254,77752966.483.13$319,230
May 20253,4701,77060.553.23$215,830
Apr 20259,3325,79662.363.54$602,479
Mar 202511,2245,56967.704.27$783,635
Feb 202511,4375,32070.884.34$833,748
Jan 202516,1029,06274.324.28$1,235,474
Dec 202421,0205,61968.993.12$1,467,709
Nov 202419,6063,36669.052.20$1,361,194
Oct 202418,3632,68471.372.28$1,316,691
Sep 202411,4711,29169.612.36$801,549
Aug 20242,8681,00175.632.06$218,973
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                2,735 bbl  × $106.41 =   $291,031
Casinghead gas     2,271 Mcf  × $  3.05 =     $6,917

────────────────────────────────────────────────────
Month total                                 $297,948

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/62376 is the state's own key, not one this site invented.