MERCHANT -11-

Operated by KSABE ENERGY PARTNERS, LLC (P-5 478443) 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 14018District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$4.9 M
Nov 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
367
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition54,671 bbl$2,411,427
Casinghead gasProduction537,527 Mcf$2,489,598
Total$4,901,025

35,211 Mcf of this lease's gas, across 14 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 31.5891, -101.6192. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.58910, -101.61919 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,196 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.
2100.0%

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 8,196 ft.

Completions filed
Oct 1970 – Feb 1983
2 of 2 wells

2 wells

42-3830052028,196 ftFeb 1983
42-383005151Oct 1970

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 (367)

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

367 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022393094.529.13$37,146
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202245081.844.54$3,683
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021158066.024.22$10,431
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021166061.302.72$10,176
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020179037.091.99$6,639
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202088014.751.80$1,298
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201993059.012.30$5,488
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201991053.112.30$4,833
Jul 20190056.272.46$0
Jun 20190952.782.49$22
May 201908458.482.74$230
Apr 2019011462.632.75$314
Mar 201917644956.803.06$11,372
Feb 2019157250.852.79$1,648
Jan 20199061246.033.23$6,118
Dec 2018059746.594.19$2,499
Nov 2018047852.934.24$2,025
Oct 201818138861.443.40$12,439
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20181703765.142.93$11,182
Jun 201802660.183.08$80
May 20181801565.382.90$11,812
Apr 2018010263.842.90$296
Mar 2018731461.222.79$4,508
Feb 20180061.782.77$0
Jan 20180862.874.01$32
Dec 201701657.272.92$47
Nov 201703655.423.12$112
Oct 2017754549.292.98$3,831
Sep 201714616247.523.09$7,438
Aug 20172328745.373.00$10,787
Jul 2017110743.873.09$374
Jun 20171828642.493.09$7,999
May 2017020445.373.26$666
Apr 201715124547.933.21$8,024
Mar 201717928746.772.98$9,228
Feb 201718031950.452.95$10,023
Jan 201718427249.413.42$10,021
Dec 2016909448.763.72$4,738
Nov 201604842.492.64$127
Oct 20168519046.193.09$4,513
Sep 201617429741.553.10$8,151
Aug 201617233141.442.92$8,096
Jul 201625922341.622.92$11,432
Jun 201617128345.352.69$8,515
May 201626131742.521.99$11,729
Apr 20168714136.561.99$3,461
Mar 20162316033.011.79$1,046
Feb 201617757326.472.06$5,868
Jan 201634977827.352.36$11,385
Dec 201518388432.362.00$7,691
Nov 201535090738.792.17$15,542
Oct 20155221,12143.552.43$25,453
Sep 20158677342.992.76$5,829
Aug 20159172440.162.87$5,734
Jul 20159078148.152.95$6,634
Jun 201517381556.152.88$12,063
May 2015095755.212.96$2,828
Apr 2015931,31849.822.71$8,201
Mar 20151751,45542.892.93$11,776
Feb 201501,33444.662.98$3,970
Jan 20151711,43243.433.10$11,867
Dec 20141681,45454.693.59$14,410
Nov 201401,23170.464.25$5,234
Oct 20141721,63578.303.90$19,846
Sep 20141631,66486.164.05$20,776
Aug 2014861,78689.394.04$14,894
Jul 201401,74396.564.18$7,285
Jun 2014871,90798.164.74$17,573
May 20141711,99894.734.73$25,643
Apr 201401,92295.944.81$9,243
Mar 20141781,94395.895.06$26,894
Feb 2014841,71797.406.19$18,813
Jan 20141732,06290.404.86$25,662
Dec 2013872,09991.824.35$17,128
Nov 2013831,23488.853.74$11,988
Oct 2013871,93197.423.78$15,773
Sep 201301,919104.113.72$7,134
Aug 20132602,009104.253.52$34,182
Jul 2013871,980102.523.72$16,280
Jun 20131721,98894.403.93$24,056
May 20138215094.834.15$8,398
Apr 2013901,84193.964.28$16,341
Mar 2013932,01193.623.91$16,575
Feb 20131761,84291.233.42$22,356
Jan 2013902,05091.603.42$15,255
Dec 20121712,07286.773.42$21,924
Nov 20121742,05086.953.62$22,560
Oct 20121762,13989.383.40$23,003
Sep 2012912,05194.672.92$14,601
Aug 20121792,19892.662.91$22,978
Jul 20121682,14785.133.02$20,788
Jun 2012862,07479.822.52$12,089
May 2012872,16291.612.49$13,350
Apr 2012872,097101.652.00$13,031
Mar 20122542,178105.052.22$31,522
Feb 2012921,973101.102.57$14,372
Jan 2012902,13898.092.73$14,674
Dec 20112672,21996.873.24$33,053
Nov 20111812,18395.723.31$24,554
Oct 2011932,16484.983.65$15,799
Sep 2011922,05883.623.99$15,896
Aug 20111772,10083.404.15$23,475
Jul 201102,18094.144.52$9,848
Jun 20111752,09292.904.64$25,964
May 2011882,17098.134.40$18,194
Apr 20111782,101105.964.33$27,965
Mar 20111812,19596.364.06$26,347
Feb 201101,95085.644.18$8,151
Jan 20112662,19186.504.59$33,063
Dec 20101832,21685.734.35$25,323
Nov 20101762,12580.843.80$22,293
Oct 2010872,26978.103.51$14,756
Sep 20101762,21672.633.98$21,601
Aug 20101772,33573.684.42$23,361
Jul 2010942,34672.554.74$17,932
Jun 2010902,14670.364.91$16,870
May 20101681,95571.124.24$20,228
Apr 2010881,96181.694.12$15,273
Mar 20101712,14978.394.39$22,836
Feb 2010891,92873.585.44$17,041
Jan 20101552,00174.365.96$23,460
Dec 2009942,12271.445.48$18,352
Nov 20091802,19874.593.75$21,672
Oct 20091792,35272.544.11$22,652
Sep 2009861,93065.543.06$11,551
Aug 2009882,26367.423.22$13,216
Jul 20091732,26461.133.46$18,419
Jun 2009862,17066.163.90$14,142
May 20091772,26654.743.93$18,585
Apr 20091812,23446.773.59$16,480
Mar 200902,31942.144.06$9,413
Feb 20091792,12632.814.63$15,723
Jan 20091832,32635.865.37$19,055
Dec 20081562,35037.105.98$19,834
Nov 20081822,29855.496.86$25,864
Oct 20081492,31175.246.92$27,207
Sep 20082092,366101.767.88$39,905
Aug 2008862,437114.228.48$30,496
Jul 20081732,486131.0811.39$50,991
Jun 20081732,344131.3313.03$53,269
May 20081702,438123.1711.57$49,157
Apr 20081762,391110.3110.45$44,412
Mar 20081732,451101.909.66$41,315
Feb 2008852,27792.538.77$27,836
Jan 20083642,44590.388.21$52,961
Dec 20071792,46688.337.30$33,818
Nov 20071722,27091.677.29$32,319
Oct 20071702,42382.856.92$30,856
Sep 2007922,36075.846.24$21,714
Aug 20071732,47569.066.39$27,758
Jul 20071772,50170.906.39$28,526
Jun 2007872,45362.007.55$23,910
May 20072562,70558.747.85$36,262
Apr 2007872,62059.617.81$25,636
Mar 20071792,73356.927.30$30,145
Feb 2007842,48255.108.22$25,021
Jan 20073422,79650.306.73$36,011
Dec 2006862,81556.656.92$24,347
Nov 20062572,79254.207.62$35,197
Oct 2006852,90754.906.01$22,149
Sep 2006882,80060.085.04$19,391
Aug 20061772,96068.717.34$33,888
Jul 20061682,96069.376.34$30,429
Jun 20061732,90566.286.38$30,012
May 20062563,10166.016.42$36,822
Apr 2006842,92564.397.36$26,938
Mar 20061693,09556.707.08$31,504
Feb 20061682,82757.597.75$31,588
Jan 200625930060.598.93$18,373
Dec 20052572,98854.9413.42$54,205
Nov 20051702,92554.6910.59$40,268
Oct 20052573,07958.3413.80$57,471
Sep 20052552,96261.4512.08$51,448
Aug 20051712,89561.519.80$38,880
Jul 20052592,63555.697.84$35,092
Jun 20052532,26452.337.38$29,950
May 20051702,59745.226.65$24,960
Apr 20051722,82149.207.36$29,226
Mar 20053412,85350.377.15$37,589
Feb 20051732,74945.226.31$25,175
Jan 20052592,70443.166.32$28,274
Dec 20042593,09039.866.75$31,185
Nov 20042552,93045.286.33$30,095
Oct 20042573,07449.706.52$32,800
Sep 20042573,36343.245.28$28,882
Aug 20041723,39742.375.55$26,143
Jul 20042493,49738.286.08$30,808
Jun 20042543,42136.106.43$31,177
May 20042593,57537.486.49$32,925
Apr 20044313,65234.475.86$36,252
Mar 20042643,93134.365.53$30,810
Feb 20045103,74132.455.51$37,161
Jan 20044313,96632.036.30$38,789
Dec 20037674,06330.266.30$48,813
Nov 20034303,36528.804.60$27,847
Oct 20034422,94728.174.76$26,478
Sep 20031742,69426.314.75$17,373
Aug 20033572,69229.765.13$24,434
Jul 20034452,73629.415.17$27,235
Jun 2003891,68428.565.98$12,617
May 20033581,70426.595.97$19,697
Apr 20033571,71526.675.41$18,795
Mar 20032551,73231.146.10$18,499
Feb 20031831,32333.487.93$16,613
Jan 20032571,70030.315.58$17,279
Dec 20021831,78826.914.85$13,603
Nov 20022821,72724.664.14$14,099
Oct 20021821,80126.464.23$12,432
Sep 20021801,70927.443.64$11,152
Aug 20021811,77825.963.16$10,325
Jul 20022731,87124.583.06$12,439
Jun 20021811,59323.733.34$9,613
May 20021831,42224.663.58$9,609
Apr 20021821,56723.653.51$9,808
Mar 20022721,59622.003.10$10,936
Feb 20021831,37818.222.38$6,608
Jan 20022741,72917.172.38$8,812
Dec 20011841,76216.932.36$7,281
Nov 20011701,48018.072.41$6,632
Oct 20012681,74419.782.53$9,711
Sep 20011591,63624.262.25$7,541
Aug 20012741,86924.873.05$12,521
Jul 20011821,88423.933.20$10,379
Jun 20013631,72824.563.82$15,523
May 2001921,84325.524.31$10,286
Apr 20013601,75824.685.34$18,264
Mar 20011851,73124.545.38$13,847
Feb 20012731,53427.755.77$16,422
Jan 20012741,80027.478.40$22,645
Dec 20002771,95226.889.12$25,253
Nov 20001811,96932.215.66$16,971
Oct 20002742,11531.235.15$19,440
Sep 20001832,10231.875.19$16,734
Aug 20001822,28529.644.54$15,770
Jul 20002722,14628.534.09$16,537
Jun 20001842,10829.304.40$14,661
May 20003642,22027.263.68$18,092
Apr 20001842,23824.513.12$11,483
Mar 20002802,31028.422.86$14,564
Feb 20001852,17427.622.73$11,037
Jan 20003682,17825.272.48$14,702
Dec 19992662,02824.282.42$11,374
Nov 19991832,04523.192.43$9,221
Oct 19992721,96320.982.80$11,210
Sep 19992762,13521.752.62$11,594
Aug 19991822,23219.262.88$9,924
Jul 19992752,25917.892.37$10,279
Jun 19992771,97615.942.36$9,083
May 19992762,73615.792.32$10,708
Apr 19991852,41615.102.21$8,128
Mar 19993682,10112.471.84$8,451
Feb 19991861,8859.981.82$5,283
Jan 19992761,94710.381.90$6,564
Dec 19982781,8149.201.77$5,774
Nov 19982781,83910.892.19$7,047
Oct 19981861,84912.421.97$5,951
Sep 19982762,09312.592.08$7,834
Aug 19981842,31811.301.91$6,500
Jul 19982752,01811.742.24$7,743
Jun 19982742,12811.242.24$7,841
May 19982772,12212.622.21$8,178
Apr 19983692,12713.042.51$10,141
Mar 19981872,18112.802.31$7,430
Feb 19981871,94813.952.30$7,087
Jan 19983702,10814.702.15$9,981
Dec 19972812,08516.322.41$9,613
Nov 19972772,00418.193.09$11,228
Oct 19972682,02219.253.15$11,528
Sep 19971822,29017.742.95$9,995
Aug 19972822,13017.862.55$10,478
Jul 19972792,08617.582.25$9,592
Jun 19972821,86717.242.26$9,076
May 19972831,98918.972.31$9,960
Apr 19973752,03217.882.08$10,937
Mar 19972751,85918.951.94$8,816
Feb 19972811,94920.492.21$10,057
Jan 19971861,95923.483.54$11,302
Dec 19962812,42523.32$6,553
Nov 19962812,54921.97$6,174
Oct 19962812,48223.31$6,550
Sep 19961882,33822.22$4,177
Aug 19962822,39920.26$5,713
Jul 19963732,89819.55$7,292
Jun 19961872,72218.73$3,503
May 19962812,80019.43$5,460
Apr 19962822,77921.51$6,066
Mar 19962822,57719.38$5,465
Feb 19962762,53916.98$4,686
Jan 19962772,31017.07$4,728
Dec 19953802,21017.19$6,532
Nov 19954212,18316.00$6,736

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.

Aug 2022 — as filed, then multipliedworked
Oil                  393 bbl  × $ 94.52 =    $37,146
Casinghead gas         0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                  $37,146

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. 7C/O/14018 is the state's own key, not one this site invented.