TXL 20 UNIT 2

Operated by XTO ENERGY INC. (P-5 945936) 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 62704District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$78.1 M
Apr 2024 – May 2026
Value, last 12 filed months
$30.9 M
at the published price for each month
Months reported
26
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
OilDisposition968,723 bbl$69,640,940
Casinghead gasProduction2,468,005 Mcf$8,493,725
Total$78,134,665

Wells on this lease (7)

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 31.6815, -102.0217. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.68145, -102.02195 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
9,114 ft
7 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.
7100.0%

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 8,175 and 9,860 ft, median 9,114 ft, over the 7 wells that filed a depth.

Completions filed
Jun 2019 – Apr 2024
7 of 7 wells

7 wells

42-329462352969DH9,114 ftApr 2024
42-329462372939SH8,175 ftApr 2024
42-329462302918AH9,278 ftApr 2024
42-329462332978JH8,554 ftApr 2024
42-329462342909BH9,860 ftApr 2024
42-329428952925SH8,850 ftJul 2019
42-329428962905BH9,714 ftJun 2019

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 (26)

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

26 months

May 202626,512139,332106.413.05$3,245,525
Apr 202628,966141,68098.932.87$3,272,188
Mar 202628,661133,29189.753.15$2,992,117
Feb 202629,447119,66863.503.75$2,318,678
Jan 202630,861115,41559.138.00$2,747,891
Dec 202535,710139,10356.664.41$2,637,240
Nov 202521,86089,96958.593.93$1,634,035
Oct 202531,200127,84759.383.30$2,275,170
Sep 202536,000123,91562.743.08$2,639,917
Aug 202537,437103,49763.933.01$2,705,366
Jul 202533,59595,28866.743.32$2,558,029
Jun 202525,13972,00566.483.13$1,896,524
May 202534,17596,66360.553.23$2,381,742
Apr 202525,79360,00562.363.54$1,821,056
Mar 202525,81871,77567.704.27$2,054,237
Feb 202533,673101,77870.884.34$2,828,544
Jan 202542,786117,79774.324.28$3,683,871
Dec 202444,03697,67468.993.12$3,342,920
Nov 202447,52696,27469.052.20$3,493,323
Oct 202446,77984,98771.372.28$3,532,507
Sep 202453,93082,94869.612.36$3,950,186
Aug 202457,08379,21875.632.06$4,480,664
Jul 202453,65461,46079.932.15$4,420,494
Jun 202453,08544,52078.082.63$4,262,142
May 202465,28357,87578.812.20$5,272,188
Apr 202419,71414,02184.451.66$1,688,111

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               26,512 bbl  × $106.41 = $2,821,142
Casinghead gas   139,332 Mcf  × $  3.05 =   $424,383

────────────────────────────────────────────────────
Month total                               $3,245,525

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/62704 is the state's own key, not one this site invented.