MERCHANT -10-

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 14025District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$4.2 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
OilDisposition46,793 bbl$2,042,353
Casinghead gasProduction472,508 Mcf$2,194,788
Total$4,237,141

31,067 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 (6)

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 31.5711, -101.6392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.9 miles.

31.57269, -101.64086 · 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
33.3%
2 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
8,200 ft
6 wells filed one
Completion to plug
16.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
233.3%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
NeitherNo plug date, and not on the schedule.
466.7%

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 8,200 and 8,207 ft, median 8,200 ft, over the 6 wells that filed a depth.

Completions filed
Mar 1971 – Mar 2004
6 of 6 wells
Plug dates filed
Nov 2001 – Aug 2007
2 of 6 wells; 4 filed none

Last completion to plug: a median of 16.6 years across the 2 wells that filed both dates, with the middle half between 10.0 years and 23.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-3830052248,200 ftMar 2004Aug 2007Yes
42-3830052368,200 ftMar 1972Nov 2001Yes
42-3830051258,200 ftMar 1972
42-3830051338,207 ftFeb 1972
42-3830050428,200 ftSep 1971
42-3830052618,200 ftMar 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 2022287094.529.13$27,127
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 202078014.751.80$1,151
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201982059.012.30$4,839
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201980053.112.30$4,249
Jul 20190056.272.46$0
Jun 20190152.782.49$2
May 20190558.482.74$14
Apr 20190662.632.75$17
Mar 201902556.803.06$77
Feb 201903150.852.79$87
Jan 2019793446.033.23$3,746
Dec 201803346.594.19$138
Nov 201802652.934.24$110
Oct 201802161.443.40$71
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201803365.142.93$97
Jun 201802360.183.08$71
May 201801465.382.90$41
Apr 201809063.842.90$261
Mar 2018891261.222.79$5,482
Feb 20180061.782.77$0
Jan 20180762.874.01$28
Dec 201701457.272.92$41
Nov 201703255.423.12$100
Oct 2017903949.292.98$4,552
Sep 201720514347.523.09$10,183
Aug 2017457645.373.00$2,270
Jul 201709443.873.09$290
Jun 20171597642.493.09$6,991
May 2017018045.373.26$587
Apr 2017121647.933.21$742
Mar 201716025446.772.98$8,241
Feb 201721428150.452.95$11,626
Jan 201716324049.413.42$8,874
Dec 2016788348.763.72$4,112
Nov 201604342.492.64$114
Oct 20167516846.193.09$3,983
Sep 201615426241.553.10$7,211
Aug 201614829241.442.92$6,987
Jul 201622719741.622.92$10,024
Jun 201615125045.352.69$7,519
May 201622928042.521.99$10,295
Apr 20167412536.561.99$2,954
Mar 2016014133.011.79$253
Feb 201615450626.472.06$5,121
Jan 201630768627.352.36$10,018
Dec 201516278032.362.00$6,803
Nov 201530880038.792.17$13,681
Oct 201546198943.552.43$22,476
Sep 20157468242.992.76$5,063
Aug 20157563840.162.87$4,845
Jul 20158068948.152.95$5,881
Jun 201515271956.152.88$10,608
May 2015084455.212.96$2,494
Apr 2015821,16349.822.71$7,233
Mar 20151841,28342.892.93$11,657
Feb 201501,17744.662.98$3,503
Jan 2015761,26343.433.10$7,217
Dec 20141431,28354.693.59$12,428
Nov 201401,08670.464.25$4,618
Oct 2014761,44378.303.90$11,580
Sep 20141441,46886.164.05$18,346
Aug 2014761,57689.394.04$13,153
Jul 201401,53896.564.18$6,428
Jun 2014781,68398.164.74$15,629
May 20141501,76394.734.73$22,542
Apr 201401,69695.944.81$8,156
Mar 20141571,71495.895.06$23,722
Feb 2014741,51597.406.19$16,588
Jan 20141531,82090.404.86$22,678
Dec 2013771,85291.824.35$15,135
Nov 2013731,08988.853.74$10,557
Oct 2013761,70497.423.78$13,844
Sep 201301,693104.113.72$6,294
Aug 20132291,773104.253.52$30,119
Jul 2013781,747102.523.72$14,491
Jun 20131521,75594.403.93$21,252
May 20137318094.834.15$7,669
Apr 2013801,62493.964.28$14,472
Mar 2013791,77493.623.91$14,337
Feb 20131561,62591.233.42$19,789
Jan 2013791,80991.603.42$13,423
Dec 20121511,82886.773.42$19,354
Nov 20121531,80986.953.62$19,861
Oct 20121561,88889.383.40$20,362
Sep 2012801,81094.672.92$12,856
Aug 20121581,94092.662.91$20,282
Jul 20121491,89485.133.02$18,406
Jun 2012761,83079.822.52$10,676
May 2012771,90891.612.49$11,802
Apr 2012771,850101.652.00$11,521
Mar 20122241,922105.052.22$27,802
Feb 2012801,741101.102.57$12,563
Jan 2012801,88698.092.73$13,004
Dec 20112411,95396.873.24$29,673
Nov 20111631,92695.723.31$21,980
Oct 2011821,90984.983.65$13,933
Sep 2011811,81683.623.99$14,011
Aug 20111561,85383.404.15$20,699
Jul 201101,86094.144.52$8,402
Jun 20111541,84692.904.64$22,872
May 2011781,91498.134.40$16,085
Apr 20111581,854105.964.33$24,776
Mar 20111591,93696.364.06$23,176
Feb 201101,72185.644.18$7,194
Jan 20112351,93386.504.59$29,198
Dec 20101611,95585.734.35$22,302
Nov 20101561,87580.843.80$19,727
Oct 2010772,00278.103.51$13,039
Sep 20101551,95672.633.98$19,041
Aug 20101562,06073.684.42$20,598
Jul 2010832,07072.554.74$15,826
Jun 2010791,89470.364.91$14,859
May 20101481,72571.124.24$17,832
Apr 2010781,73081.694.12$13,504
Mar 20101511,89778.394.39$20,162
Feb 2010781,70173.585.44$14,997
Jan 20101371,76674.365.96$20,720
Dec 2009831,87271.445.48$16,195
Nov 20091591,93974.593.75$19,134
Oct 20091582,07572.544.11$19,990
Sep 2009761,70365.543.06$10,200
Aug 2009781,99767.423.22$11,686
Jul 20091531,99761.133.46$16,272
Jun 2009761,91566.163.90$12,487
May 20091571,99954.743.93$16,442
Apr 20091601,97146.773.59$14,554
Mar 200902,04642.144.06$8,305
Feb 20091581,87632.814.63$13,875
Jan 20091612,05335.865.37$16,800
Dec 20081382,07437.105.98$17,516
Nov 20081612,02855.496.86$22,847
Oct 20081322,03975.246.92$24,046
Sep 20081852,088101.767.88$35,273
Aug 2008762,151114.228.48$26,928
Jul 20081522,193131.0811.39$44,901
Jun 20081522,068131.3313.03$46,914
May 20081502,151123.1711.57$43,372
Apr 20081542,110110.3110.45$39,047
Mar 20081532,163101.909.66$36,494
Feb 2008752,00992.538.77$24,560
Jan 20083212,15790.388.21$46,712
Dec 20071592,17688.337.30$29,934
Nov 20071522,00391.677.29$28,539
Oct 20071502,13882.856.92$27,227
Sep 2007812,08375.846.24$19,150
Aug 20071522,18469.066.39$24,448
Jul 20071572,20770.906.39$25,229
Jun 2007762,16462.007.55$21,047
May 20072262,38758.747.85$32,004
Apr 2007762,31259.617.81$22,576
Mar 20071582,41256.927.30$26,606
Feb 2007742,19055.108.22$22,070
Jan 20073022,46750.306.73$31,786
Dec 2006762,48456.656.92$21,491
Nov 20062272,46354.207.62$31,065
Oct 2006752,56654.906.01$19,549
Sep 2006772,47060.085.04$17,068
Aug 20061562,61268.717.34$29,891
Jul 20061492,61269.376.34$26,903
Jun 20061522,56366.286.38$26,436
May 20062252,73666.016.42$32,431
Apr 2006742,58164.397.36$23,762
Mar 20061492,73156.707.08$27,792
Feb 20061483,49557.597.75$35,613
Jan 200622826560.598.93$16,182
Dec 20052262,63654.9413.42$47,779
Nov 20051502,58154.6910.59$35,532
Oct 20052272,71758.3413.80$50,726
Sep 20052252,61461.4512.08$45,401
Aug 20051512,55461.519.80$34,309
Jul 20052292,32555.697.84$30,989
Jun 20052241,99752.337.38$26,462
May 20051502,26445.226.65$21,841
Apr 20051522,48949.207.36$25,799
Mar 20053012,51750.377.15$33,170
Feb 20051522,42645.226.31$22,186
Jan 20052282,38643.166.32$24,925
Dec 20042282,72639.866.75$27,492
Nov 20042252,58545.286.33$26,552
Oct 20042262,71249.706.52$28,901
Sep 20042272,96743.245.28$25,493
Aug 20041522,99842.375.55$23,081
Jul 20042203,08638.286.08$27,197
Jun 20042243,01836.106.43$27,501
May 20042283,15537.486.49$29,036
Apr 20043803,22234.475.86$31,975
Mar 20042333,46834.365.53$27,184
Feb 20044503,30132.455.51$32,790
Jan 20043803,50032.036.30$34,220
Dec 20036773,58530.266.30$43,077
Nov 20033792,97028.804.60$24,563
Oct 20033902,60028.174.76$23,361
Sep 20031542,37726.314.75$15,341
Aug 20033152,37629.765.13$21,563
Jul 20033932,41429.415.17$24,041
Jun 2003781,48528.565.98$11,112
May 20033161,50326.595.97$17,379
Apr 20033151,51326.675.41$16,582
Mar 20032251,52831.146.10$16,321
Feb 20031611,16733.487.93$14,640
Jan 20032271,50030.315.58$15,253
Dec 20021621,57826.914.85$12,019
Nov 20022491,52424.664.14$12,445
Oct 20021611,59026.464.23$10,984
Sep 20021591,50827.443.64$9,845
Aug 20021591,56925.963.16$9,092
Jul 20022411,65124.583.06$10,979
Jun 20021601,40623.733.34$8,490
May 20021621,25524.663.58$8,493
Apr 20021601,38223.653.51$8,638
Mar 20022401,40822.003.10$9,649
Feb 20021611,21518.222.38$5,820
Jan 20022421,52517.172.38$7,778
Dec 20011621,55516.932.36$6,419
Nov 20011511,30518.072.41$5,868
Oct 20012361,53919.782.53$8,560
Sep 20011401,44424.262.25$6,647
Aug 20012411,64924.873.05$11,028
Jul 20011601,66223.933.20$9,142
Jun 20013201,52524.563.82$13,691
May 2001811,62625.524.31$9,071
Apr 20013171,55224.685.34$16,104
Mar 20011631,52824.545.38$12,215
Feb 20012411,35427.755.77$14,496
Jan 20012411,58827.478.40$19,958
Dec 20002451,72226.889.12$22,295
Nov 20001601,73832.215.66$14,987
Oct 20002421,86731.235.15$17,164
Sep 20001611,85431.875.19$14,747
Aug 20001612,01629.644.54$13,926
Jul 20002401,89328.534.09$14,589
Jun 20001621,86029.304.40$12,925
May 20003211,95827.263.68$15,955
Apr 20001621,97524.513.12$10,125
Mar 20002472,03828.422.86$12,848
Feb 20001631,91827.622.73$9,731
Jan 20003251,92125.272.48$12,978
Dec 19992351,78924.282.42$10,042
Nov 19991621,80423.192.43$8,148
Oct 19992401,73320.982.80$9,894
Sep 19992431,88421.752.62$10,219
Aug 19991611,97019.262.88$8,766
Jul 19992431,99317.892.37$9,075
Jun 19992441,74415.942.36$8,009
May 19992432,41415.792.32$9,440
Apr 19991632,13215.102.21$7,169
Mar 19993251,85412.471.84$7,461
Feb 19991641,6639.981.82$4,660
Jan 19992431,71710.381.90$5,785
Dec 19982451,6019.201.77$5,093
Nov 19982451,62310.892.19$6,215
Oct 19981641,63212.421.97$5,251
Sep 19982431,84712.592.08$6,906
Aug 19981622,04511.301.91$5,731
Jul 19982431,78011.742.24$6,835
Jun 19982421,87711.242.24$6,919
May 19982441,87212.622.21$7,210
Apr 19983261,87613.042.51$8,951
Mar 19981651,92512.802.31$6,558
Feb 19981651,71913.952.30$6,254
Jan 19983271,86014.702.15$8,815
Dec 19972481,84016.322.41$8,484
Nov 19972451,76918.193.09$9,920
Oct 19972371,78419.253.15$10,182
Sep 19971612,02117.742.95$8,828
Aug 19972481,87917.862.55$9,230
Jul 19972471,84117.582.25$8,479
Jun 19972481,64717.242.26$7,993
May 19972491,75518.972.31$8,775
Apr 19973301,79317.882.08$9,635
Mar 19972431,64118.951.94$7,787
Feb 19972481,72020.492.21$8,876
Jan 19971641,72823.483.54$9,967
Dec 19962482,14023.32$5,783
Nov 19962482,24921.97$5,449
Oct 19962482,19023.31$5,781
Sep 19961662,06322.22$3,689
Aug 19962492,11620.26$5,045
Jul 19963292,55619.55$6,432
Jun 19961652,40218.73$3,090
May 19962472,47119.43$4,799
Apr 19962492,45221.51$5,356
Mar 19962492,27419.38$4,826
Feb 19962442,24016.98$4,143
Jan 19962442,03817.07$4,165
Dec 19953351,95017.19$5,759
Nov 19953711,92616.00$5,936

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                  287 bbl  × $ 94.52 =    $27,127
Casinghead gas         0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                  $27,127

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/14025 is the state's own key, not one this site invented.