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SPEARMAN 23

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

Oil lease lease 9677District 10Field 42512400OilCasinghead gasSaveExport
Value, all time
$1.4 M
Nov 2018 – May 2026
Value, last 12 filed months
$163 k
at the published price for each month
Months reported
91
no gaps in the span
Streams
2
oil, casinghead gas

The HOOVER, NE (VIRGIL) field

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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
2017-03-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
—
no field rule filed
From a lease line
—
no field rule filed

The Commission's schedule remark for this field reads: “EFFECTIVE 5/1/19 FIELD CHANGED FROM PRORATED TO 49(B).”

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
OilDisposition15,754 bbl$1,050,029
Casinghead gasProduction89,324 Mcf$300,549
Total$1,350,579

Wells on this lease (1)

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 35.6028, -100.8491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60277, -100.84906 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,800 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 9,800 ft.

Completions filed
Jul 2020
1 of 1 wells

1 well

42-1793225826029,800 ftJul 2020——

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 (91)

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

91 months

May 2026159579106.413.05$18,683
Apr 202625157098.932.87$26,467
Mar 202617155889.753.15$17,105
Feb 202617848863.503.75$13,133
Jan 202617554059.138.00$14,667
Dec 2025056756.664.41$2,502
Nov 202517559558.593.93$12,589
Oct 202516965359.383.30$12,193
Sep 202516667062.743.08$12,476
Aug 202517265963.933.01$12,983
Jul 202516847866.743.32$12,797
Jun 20257968366.483.13$7,389
May 202515669660.553.23$11,695
Apr 202514068762.363.54$11,165
Mar 202523871967.704.27$19,182
Feb 202522164770.884.34$18,473
Jan 2025073274.324.28$3,132
Dec 202417076368.993.12$14,110
Nov 202418065969.052.20$13,878
Oct 202431280171.372.28$24,095
Sep 20243484969.612.36$4,374
Aug 202417161175.632.06$14,194
Jul 202415836279.932.15$13,406
Jun 20241561,05978.082.63$14,970
May 202415646278.812.20$13,310
Apr 202419236984.451.66$16,827
Mar 202418929380.301.55$15,629
Feb 202412840476.091.78$10,460
Jan 202424357873.023.30$19,650
Dec 20239654471.262.61$8,261
Nov 202328450877.892.81$23,547
Oct 20237452285.443.09$7,934
Sep 202314764189.042.74$14,842
Aug 202316466280.522.67$14,975
Jul 202323060574.852.64$18,814
Jun 202316760968.962.26$12,892
May 202317469470.622.23$13,834
Apr 202317368878.122.24$15,054
Mar 202325678772.852.39$20,533
Feb 2023073575.112.47$1,812
Jan 202320490876.533.39$18,688
Dec 202212197576.415.73$14,831
Nov 202218177385.005.65$19,750
Oct 202218394687.185.86$21,501
Sep 202216783084.888.16$20,951
Aug 20221791,06594.529.13$26,640
Jul 2022143927101.587.54$21,517
Jun 202299494115.097.98$15,335
May 2022168586109.378.43$23,316
Apr 20221851,002104.226.84$26,132
Mar 20221571,042108.885.08$22,384
Feb 202213489291.054.86$16,535
Jan 20222901,10381.844.54$28,739
Dec 2021501,30171.323.90$8,639
Nov 20212081,30377.435.24$22,929
Oct 20212311,39279.795.71$26,385
Sep 20211241,19169.865.35$15,036
Aug 202101,37466.024.22$5,799
Jul 20211931,44070.783.98$19,395
Jun 20211911,51269.493.38$18,384
May 202123839163.483.02$16,288
Apr 2021741,44260.362.76$8,444
Mar 20211301,52261.302.72$12,104
Feb 20212141,36157.805.55$19,920
Jan 20211711,56850.412.81$13,027
Dec 20202301,65244.642.68$14,687
Nov 20202491,69338.772.71$14,236
Oct 20202151,68736.972.48$12,130
Sep 20201761,30837.091.99$9,132
Aug 202023388039.982.39$11,414
Jul 2020632,30738.371.83$6,628
Jun 20201572,33734.901.69$9,430
May 20201581,09416.921.81$4,659
Apr 20201251,11314.751.80$3,852
Mar 20202781,08330.341.86$10,445
Feb 20201911,55149.881.98$12,599
Jan 20201751,73157.252.09$13,645
Dec 20192571,69259.012.30$19,065
Nov 20192741,72055.302.75$19,883
Oct 20191791,62153.472.42$13,492
Sep 2019942,05255.052.66$10,627
Aug 2019085953.112.30$1,979
Jul 20192091,39356.272.46$15,187
Jun 20193201,52952.782.49$20,699
May 20192911,55958.482.74$21,290
Apr 20191881,54662.632.75$16,027
Mar 20191871,25356.803.06$14,458
Feb 20192411,46250.852.79$16,337
Jan 20193292,13646.033.23$22,039
Dec 2018428046.594.19$19,941
Nov 20180052.934.24$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                  159 bbl  × $106.41 =    $16,919
Casinghead gas       579 Mcf  × $  3.05 =     $1,764

────────────────────────────────────────────────────
Month total                                  $18,683

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/9677 is the state's own key, not one this site invented.