MineralRecord
Log inSign up

SPEARMAN 23

Operated by SEEK ENERGY, LLC (P-5 763160) in the HOOVER, NE (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9396District 10Field 42512300OilCasinghead gasSave
Value, all time
$67.0 M
Oct 2014 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,134,564 bbl$64,876,260
Casinghead gasProduction647,503 Mcf$2,160,990
Total$67,037,250

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 35.6001, -100.8430. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.59995, -100.84297 · 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
9,200 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 9,190 and 9,550 ft, median 9,200 ft, over the 3 wells that filed a depth.

Completions filed
Oct 2014 – May 2022
3 of 3 wells

3 wells

42-1793238059,550 ftMay 2022——
42-1793246489,200 ftNov 2020——
42-1793244769,190 ftOct 2014——

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 (140)

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

140 months

May 20262,0271,138106.413.05$219,159
Apr 20261,9711,01098.932.87$197,889
Mar 20261,70787389.753.15$155,953
Feb 20262,4331,28063.503.75$159,296
Jan 20262,6261,27159.138.00$165,441
Dec 20252,7671,41056.664.41$163,001
Nov 20252,7991,38558.593.93$169,432
Oct 20252,0971,20759.383.30$128,509
Sep 20252,6091,23762.743.08$167,495
Aug 20252,7101,83063.933.01$178,767
Jul 20252,7232,15866.743.32$188,887
Jun 20252,9121,63166.483.13$198,693
May 20252,8181,65660.553.23$175,983
Apr 20253,1261,42562.363.54$199,986
Mar 20252,9511,43267.704.27$205,895
Feb 20252,7781,34570.884.34$202,743
Jan 20253,5151,35274.324.28$267,020
Dec 20243,2561,53368.993.12$229,417
Nov 20243,2972,01669.052.20$232,090
Oct 20243,9322,04371.372.28$285,288
Sep 20243,3321,58969.612.36$235,697
Aug 20243,1972,60375.632.06$247,161
Jul 20244,1072,06579.932.15$332,705
Jun 20243,7021,88578.082.63$294,017
May 20244,4762,34478.812.20$357,907
Apr 20244,3752,05784.451.66$372,882
Mar 20244,1372,05380.301.55$335,373
Feb 20243,7412,01976.091.78$288,254
Jan 20242,2001,65673.023.30$166,105
Dec 20233,6251,55971.262.61$262,388
Nov 20233,7251,51577.892.81$294,394
Oct 20233,8461,69585.443.09$333,835
Sep 20233,8671,78789.042.74$349,205
Aug 20234,0841,78880.522.67$333,623
Jul 20234,7231,67274.852.64$357,934
Jun 20234,2001,66868.962.26$293,399
May 20234,3281,66670.622.23$309,354
Apr 20234,4511,91678.122.24$352,000
Mar 20234,5171,43272.852.39$332,490
Feb 20233,8873,67475.112.47$301,011
Jan 20233,9812,46476.533.39$313,013
Dec 20225,3352,68476.415.73$423,024
Nov 20225,0874,44085.005.65$457,464
Oct 20226,6396,61987.185.86$617,600
Sep 20226,1185,81084.888.16$566,727
Aug 20227,4107,45494.529.13$768,427
Jul 20227,9766,581101.587.54$859,837
Jun 20228,8554,342115.097.98$1,053,759
May 20229,0715,154109.378.43$1,035,559
Apr 20226,2924,516104.226.84$686,631
Mar 20227,5986,874108.885.08$862,165
Feb 20227,5322,67591.054.86$698,786
Jan 20228,3033,69881.844.54$696,298
Dec 20219,2464,18471.323.90$675,739
Nov 20218,5303,92877.435.24$681,048
Oct 20218,2984,23079.795.71$686,267
Sep 20218,9214,35769.865.35$646,535
Aug 20219,7355,02466.024.22$663,909
Jul 20219,3274,64370.783.98$678,654
Jun 202110,1934,83869.493.38$724,667
May 202110,2744,78763.483.02$666,639
Apr 202110,4395,00360.362.76$643,898
Mar 202111,1255,32761.302.72$696,436
Feb 202110,0904,16457.805.55$606,304
Jan 202112,2105,44150.412.81$630,797
Dec 202012,0846,17444.642.68$555,948
Nov 202011,8795,92538.772.71$476,585
Oct 202012,3425,90536.972.48$470,919
Sep 202013,8786,53737.091.99$527,750
Aug 202015,8057,03839.982.39$648,670
Jul 202018,4839,29538.371.83$726,157
Jun 202012,8689,41434.901.69$465,006
May 20206,5854,40716.921.81$119,416
Apr 20206,4064,48414.751.80$102,579
Mar 202011,3034,36430.341.86$351,034
Feb 202013,2506,24849.881.98$673,285
Jan 202020,0599,92557.252.09$1,169,168
Dec 201920,3847,53759.012.30$1,220,228
Nov 201916,0647,66155.302.75$909,412
Oct 201915,9416,97153.472.42$869,225
Sep 201918,1838,87255.052.66$1,024,550
Aug 20199,4193,06253.112.30$507,299
Jul 20198,7074,96556.272.46$502,157
Jun 201913,2125,45052.782.49$710,906
May 20197,6813,60458.482.74$459,061
Apr 201910,3704,71762.632.75$662,448
Mar 20199,9224,87856.803.06$578,507
Feb 201910,4824,43250.852.79$545,385
Jan 20199,4454,25246.033.23$448,480
Dec 201811,7816,41146.594.19$575,710
Nov 201811,3864,77252.934.24$622,881
Oct 201812,5286,47261.443.40$791,713
Sep 201812,5496,11159.543.11$766,160
Aug 201810,9295,14359.403.07$664,954
Jul 201812,5475,35365.142.93$833,006
Jun 201810,59124,19360.183.08$711,806
May 201812,7104,98665.382.90$845,443
Apr 201812,9506,24363.842.90$844,838
Mar 201812,9945,27361.222.79$810,188
Feb 201813,0556,24261.782.77$823,804
Jan 201814,7626,54562.874.01$954,328
Dec 201713,53129,63257.272.92$861,491
Nov 201712,4408,40855.423.12$715,644
Oct 201716,7586,51249.292.98$845,432
Sep 201710,3632,72847.523.09$500,872
Aug 20179,9164,67145.373.00$463,922
Jul 201710,7534,68743.873.09$486,204
Jun 20179,7775,14042.493.09$431,293
May 201710,3463,07745.373.26$479,440
Apr 20177,8093,44347.933.21$385,343
Mar 20179,0503,61246.772.98$434,046
Feb 20177,5733,06350.452.95$391,102
Jan 20179,6024,29849.413.42$489,129
Dec 20169,1674,47248.763.72$463,631
Nov 20169,3784,61142.492.64$410,664
Oct 201610,0454,54346.193.09$478,018
Sep 201610,5314,89141.553.10$452,728
Aug 20168,8195,10841.442.92$380,397
Jul 201610,1855,32841.622.92$439,481
Jun 201610,6365,80245.352.69$497,926
May 20167,3711,01342.521.99$315,432
Apr 20161,0531,03136.561.99$40,550
Mar 20166,6764,74233.011.79$228,882
Feb 20169,1464,50626.472.06$251,393
Jan 201610,0063,22827.352.36$281,296
Dec 20158,8833,21032.362.00$293,878
Nov 20159,2163,66538.792.17$365,432
Oct 20159,0033,68743.552.43$401,027
Sep 20158,9833,70442.992.76$396,396
Aug 20158,3073,32840.162.87$343,169
Jul 20158,3583,22548.152.95$411,936
Jun 20157,1413,00156.152.88$409,619
May 20158,6053,44455.212.96$485,261
Apr 20158,9425,31949.822.71$459,887
Mar 20159,6705,49242.892.93$430,864
Feb 20157,8659,64044.662.98$379,941
Jan 20155,51112,00143.433.10$276,553
Dec 20144,67914,87354.693.59$309,309
Nov 20141,67312,00570.464.25$168,923
Oct 20141,10411,39078.303.90$130,875

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                2,027 bbl  × $106.41 =   $215,693
Casinghead gas     1,138 Mcf  × $  3.05 =     $3,466

────────────────────────────────────────────────────
Month total                                 $219,159

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. 10/O/9396 is the state's own key, not one this site invented.