MERCHANT -14-

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 14020District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$377 k
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
OilDisposition4,138 bbl$181,431
Casinghead gasProduction42,183 Mcf$195,429
Total$376,860

2,760 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 31.8218, -100.6636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 112.1 miles, so treat it as the lease's centre and not as its location.

31.82177, -100.66357 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
4,650 ft
1 wells filed one
Completion to plug
10.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 4,650 ft.

Completions filed
Jan 1971 – Dec 1977
2 of 2 wells
Plug dates filed
Sep 1988
1 of 2 wells; 1 filed none

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3993099734,650 ftDec 1977Sep 1988Yes
42-383005161Jan 1971

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 202241094.529.13$3,875
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 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
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 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20207014.751.80$103
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20197059.012.30$413
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20197053.112.30$372
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190458.482.74$11
Apr 20190562.632.75$14
Mar 201902056.803.06$61
Feb 201902550.852.79$70
Jan 201972746.033.23$409
Dec 201802646.594.19$109
Nov 201802152.934.24$89
Oct 201801761.443.40$58
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180365.142.93$9
Jun 20180260.183.08$6
May 20180165.382.90$3
Apr 20180863.842.90$23
Mar 201822161.222.79$1,350
Feb 20180061.782.77$0
Jan 20180162.874.01$4
Dec 20170157.272.92$3
Nov 20170355.423.12$9
Oct 201713349.292.98$650
Sep 2017101347.523.09$515
Aug 20174745.373.00$203
Jul 20170843.873.09$25
Jun 201714742.493.09$616
May 201701645.373.26$52
Apr 2017251947.933.21$1,259
Mar 2017142346.772.98$723
Feb 201702550.452.95$74
Jan 2017142149.413.42$764
Dec 20167748.763.72$367
Nov 20160442.492.64$11
Oct 201671546.193.09$370
Sep 201602341.553.10$71
Aug 2016132641.442.92$615
Jul 2016201841.622.92$885
Jun 2016132245.352.69$649
May 2016202542.521.99$900
Apr 201671136.561.99$278
Mar 201601333.011.79$23
Feb 2016144526.472.06$463
Jan 2016276127.352.36$883
Dec 2015146932.362.00$591
Nov 2015277138.792.17$1,201
Oct 2015418843.552.43$1,999
Sep 201576042.992.76$466
Aug 201575740.162.87$445
Jul 201576148.152.95$517
Jun 2015146456.152.88$971
May 201507555.212.96$222
Apr 2015710349.822.71$628
Mar 2015011442.892.93$335
Feb 2015010544.662.98$313
Jan 2015711243.433.10$651
Dec 20141311454.693.59$1,120
Nov 201409770.464.25$412
Oct 2014712878.303.90$1,047
Sep 20141313086.164.05$1,646
Aug 2014714089.394.04$1,191
Jul 2014013796.564.18$573
Jun 2014715098.164.74$1,398
May 20141315794.734.73$1,974
Apr 2014015195.944.81$726
Mar 20141415295.895.06$2,111
Feb 2014713597.406.19$1,518
Jan 20141416290.404.86$2,053
Dec 2013716591.824.35$1,361
Nov 201369788.853.74$896
Oct 2013715197.423.78$1,253
Sep 20130151104.113.72$561
Aug 201320158104.253.52$2,642
Jul 20137155102.523.72$1,294
Jun 20131315694.403.93$1,841
May 2013616494.834.15$1,249
Apr 2013714493.964.28$1,274
Mar 2013715893.623.91$1,274
Feb 20131414491.233.42$1,770
Jan 2013716091.603.42$1,188
Dec 20121316386.773.42$1,686
Nov 20121416186.953.62$1,801
Oct 20121416889.383.40$1,822
Sep 2012716194.672.92$1,133
Aug 20121417292.662.91$1,797
Jul 20121316885.133.02$1,614
Jun 2012716379.822.52$969
May 2012717091.612.49$1,064
Apr 20127164101.652.00$1,039
Mar 201220171105.052.22$2,481
Feb 20127155101.102.57$1,106
Jan 2012716898.092.73$1,146
Dec 20112117496.873.24$2,598
Nov 20111417195.723.31$1,906
Oct 2011717084.983.65$1,215
Sep 2011716183.623.99$1,227
Aug 20111416583.404.15$1,852
Jul 2011016594.144.52$745
Jun 20111416492.904.64$2,062
May 2011717098.134.40$1,436
Apr 201114165105.964.33$2,198
Mar 20111417296.364.06$2,047
Feb 2011015385.644.18$640
Jan 20112117286.504.59$2,606
Dec 20101417485.734.35$1,957
Nov 20101416780.843.80$1,766
Oct 2010717878.103.51$1,171
Sep 20101417472.633.98$1,709
Aug 20101418373.684.42$1,840
Jul 2010718472.554.74$1,379
Jun 2010716870.364.91$1,317
May 20101315371.124.24$1,573
Apr 2010715481.694.12$1,207
Mar 20101316978.394.39$1,761
Feb 2010715173.585.44$1,337
Jan 20101215774.365.96$1,829
Dec 2009716671.445.48$1,410
Nov 20091417274.593.75$1,690
Oct 20091418472.544.11$1,772
Sep 2009715165.543.06$922
Aug 2009717867.423.22$1,045
Jul 20091417761.133.46$1,469
Jun 2009717066.163.90$1,125
May 20091417854.743.93$1,465
Apr 20091417546.773.59$1,283
Mar 2009018242.144.06$739
Feb 20091416732.814.63$1,233
Jan 20091418235.865.37$1,480
Dec 20081218437.105.98$1,545
Nov 20081418055.496.86$2,012
Oct 20081218175.246.92$2,156
Sep 200816186101.767.88$3,093
Aug 20087191114.228.48$2,420
Jul 200814195131.0811.39$4,056
Jun 200814184131.3313.03$4,237
May 200813191123.1711.57$3,812
Apr 200814187110.3110.45$3,499
Mar 200814192101.909.66$3,282
Feb 2008717992.538.77$2,218
Jan 20082919290.388.21$4,197
Dec 20071419388.337.30$2,646
Nov 20071317891.677.29$2,490
Oct 20071319082.856.92$2,392
Sep 2007718575.846.24$1,686
Aug 20071419469.066.39$2,206
Jul 20071419670.906.39$2,245
Jun 2007719262.007.55$1,883
May 20072021258.747.85$2,838
Apr 2007720559.617.81$2,017
Mar 20071421456.927.30$2,360
Feb 2007719555.108.22$1,988
Jan 20072721950.306.73$2,831
Dec 2006722156.656.92$1,926
Nov 20062021954.207.62$2,752
Oct 2006722854.906.01$1,755
Sep 2006722060.085.04$1,529
Aug 20061423268.717.34$2,665
Jul 20061323269.376.34$2,373
Jun 20061422766.286.38$2,377
May 20062024366.016.42$2,881
Apr 2006722964.397.36$2,136
Mar 20061324356.707.08$2,458
Feb 20061322257.597.75$2,469
Jan 2006202460.598.93$1,426
Dec 20052023454.9413.42$4,238
Nov 20051322954.6910.59$3,136
Oct 20052024158.3413.80$4,492
Sep 20052023261.4512.08$4,031
Aug 20051322761.519.80$3,024
Jul 2005020755.697.84$1,624
Jun 20052017852.337.38$2,360
May 20051320445.226.65$1,945
Apr 20051322149.207.36$2,266
Mar 20052722450.377.15$2,963
Feb 20051421645.226.31$1,996
Jan 20052021243.166.32$2,204
Dec 20042024239.866.75$2,431
Nov 20042023045.286.33$2,362
Oct 20042024149.706.52$2,564
Sep 20042026443.245.28$2,260
Aug 20041426642.375.55$2,070
Jul 20042027438.286.08$2,433
Jun 20042026836.106.43$2,446
May 20042028037.486.49$2,568
Apr 20043428634.475.86$2,848
Mar 20042130834.365.53$2,425
Feb 20044029332.455.51$2,912
Jan 20043431132.036.30$3,048
Dec 20036031930.266.30$3,826
Nov 20033426428.804.60$2,192
Oct 20033523128.174.76$2,085
Sep 20031421126.314.75$1,370
Aug 20032821129.765.13$1,916
Jul 20033521529.415.17$2,141
Jun 2003713228.565.98$990
May 20032813426.595.97$1,545
Apr 20032813526.675.41$1,477
Mar 20032013631.146.10$1,452
Feb 20031410433.487.93$1,293
Jan 20032013430.315.58$1,354
Dec 20021414026.914.85$1,056
Nov 20022213524.664.14$1,101
Oct 20021414126.464.23$967
Sep 20021413427.443.64$871
Aug 20021414025.963.16$806
Jul 20022114724.583.06$966
Jun 20021412523.733.34$750
May 20021411124.663.58$743
Apr 20021412323.653.51$763
Mar 20022112522.003.10$850
Feb 20021410818.222.38$512
Jan 20022113617.172.38$684
Dec 20011413816.932.36$563
Nov 20011411618.072.41$532
Oct 20012113719.782.53$762
Sep 20011212824.262.25$579
Aug 20012114724.873.05$971
Jul 20011414823.933.20$808
Jun 20012813624.563.82$1,208
May 2001714525.524.31$803
Apr 20012813824.685.34$1,427
Mar 20011413624.545.38$1,075
Feb 20012112027.755.77$1,275
Jan 20012114127.478.40$1,761
Dec 20002215326.889.12$1,987
Nov 20001415432.215.66$1,322
Oct 20002116631.235.15$1,510
Sep 20001416531.875.19$1,302
Aug 20001417929.644.54$1,228
Jul 20002116828.534.09$1,286
Jun 20001416529.304.40$1,136
May 20002917427.263.68$1,431
Apr 20001417524.513.12$888
Mar 20002218128.422.86$1,143
Feb 20001417027.622.73$850
Jan 20002917125.272.48$1,157
Dec 19992115924.282.42$895
Nov 19991416023.192.43$714
Oct 19992115420.982.80$872
Sep 19992216821.752.62$918
Aug 19991417519.262.88$773
Jul 19992217717.892.37$813
Jun 19992215515.942.36$717
May 19992221415.792.32$844
Apr 19991518915.102.21$644
Mar 19992916512.471.84$665
Feb 1999151489.981.82$419
Jan 19992215310.381.90$519
Dec 1998221429.201.77$454
Nov 19982214410.892.19$554
Oct 19981514512.421.97$472
Sep 19982216412.592.08$619
Aug 19981418211.301.91$505
Jul 19982215811.742.24$612
Jun 19982216711.242.24$621
May 19982216612.622.21$644
Apr 19982916713.042.51$797
Mar 19981417112.802.31$574
Feb 19981515313.952.30$561
Jan 19982916614.702.15$784
Dec 19972216316.322.41$752
Nov 19972215718.193.09$885
Oct 19972115919.253.15$905
Sep 19971418017.742.95$780
Aug 19972216717.862.55$820
Jul 19972216417.582.25$755
Jun 19972214617.242.26$709
May 19972215618.972.31$777
Apr 19972915917.882.08$850
Mar 19972214618.951.94$700
Feb 19972215320.492.21$788
Jan 19971515423.483.54$897
Dec 19962219023.32$513
Nov 19962220021.97$483
Oct 19962219523.31$513
Sep 19961518322.22$333
Aug 19962218820.26$446
Jul 19962922719.55$567
Jun 19961521318.73$281
May 19962222019.43$427
Apr 19962221821.51$473
Mar 19962220219.38$426
Feb 19962219916.98$374
Jan 19962218117.07$376
Dec 19953017317.19$516
Nov 19953417116.00$544

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                   41 bbl  × $ 94.52 =     $3,875
Casinghead gas         0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                   $3,875

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/14020 is the state's own key, not one this site invented.