ROBYN LEE D

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 62392District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$62.6 M
Oct 2024 – May 2026
Value, last 12 filed months
$35.1 M
at the published price for each month
Months reported
20
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
OilDisposition881,167 bbl$60,802,653
Casinghead gasProduction500,531 Mcf$1,841,369
Total$62,644,022

Every month this lease reported (20)

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

20 months

May 202628,01524,886106.413.05$3,056,875
Apr 202634,52931,27498.932.87$3,505,702
Mar 202640,87834,63389.753.15$3,777,875
Feb 202638,26927,92563.503.75$2,534,809
Jan 202642,63627,23559.138.00$2,738,890
Dec 202545,98927,54456.664.41$2,727,298
Nov 202543,53924,76758.593.93$2,648,196
Oct 202544,81125,26259.383.30$2,744,364
Sep 202545,73325,88162.743.08$2,948,922
Aug 202542,11024,27163.933.01$2,765,264
Jul 202535,76322,14966.743.32$2,460,251
Jun 202546,90123,67466.483.13$3,192,048
May 202517,1188,03660.553.23$1,062,470
Apr 202557,89529,06162.363.54$3,713,299
Mar 202565,27229,50667.704.27$4,544,855
Feb 202556,10725,47570.884.34$4,087,447
Jan 202558,35425,64474.324.28$4,446,592
Dec 202461,09028,63268.993.12$4,303,970
Nov 202454,97524,94669.052.20$3,850,866
Oct 202421,1839,73071.372.28$1,534,029

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               28,015 bbl  × $106.41 = $2,981,076
Casinghead gas    24,886 Mcf  × $  3.05 =    $75,799

────────────────────────────────────────────────────
Month total                               $3,056,875

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/62392 is the state's own key, not one this site invented.