LAINEY 36D

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 62980District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$67.0 M
Dec 2024 – May 2026
Value, last 12 filed months
$30.0 M
at the published price for each month
Months reported
18
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
OilDisposition830,822 bbl$56,382,783
Casinghead gasProduction2,886,999 Mcf$10,666,065
Total$67,048,848

Wells on this lease (3)

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 31.7180, -102.0924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.71804, -102.09230 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,122 ft
3 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.
3100.0%

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 8,690 and 9,733 ft, median 9,122 ft, over the 3 wells that filed a depth.

Completions filed
Dec 2024
3 of 3 wells

3 wells

42-32947112104HL9,733 ftDec 2024
42-32947113105HD8,690 ftDec 2024
42-32947114106HF9,122 ftDec 2024

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 (18)

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

18 months

May 202614,933169,294106.413.05$2,104,663
Apr 202614,589130,22098.932.87$1,816,985
Mar 202616,705141,33789.753.15$1,944,406
Feb 202616,393137,15163.503.75$1,555,316
Jan 202620,065142,04359.138.00$2,322,492
Dec 202521,944151,26756.664.41$1,910,943
Nov 202521,761187,68758.593.93$2,011,919
Oct 202529,134160,21359.383.30$2,259,455
Sep 202531,019176,54462.743.08$2,489,344
Aug 202538,636248,89363.933.01$3,220,352
Jul 202549,177213,32066.743.32$3,989,271
Jun 202555,006239,93966.483.13$4,407,501
May 202573,900229,22960.553.23$5,215,586
Apr 202591,904197,81962.363.54$6,432,030
Mar 2025111,440137,62067.704.27$8,131,894
Feb 2025103,788105,43270.884.34$7,814,157
Jan 2025113,585118,70974.324.28$8,949,555
Dec 20246,84328268.993.12$472,979

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               14,933 bbl  × $106.41 = $1,589,021
Casinghead gas   169,294 Mcf  × $  3.05 =   $515,642

────────────────────────────────────────────────────
Month total                               $2,104,663

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/62980 is the state's own key, not one this site invented.