SPENCER "29"

Operated by BCP RESOURCES, LLC (P-5 40206) 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 15902District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jul 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
251
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
OilDisposition18,940 bbl$1,284,774
Casinghead gasProduction87,539 Mcf$584,715
Total$1,869,488

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 31.2530, -101.9184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.25298, -101.91841 · 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
10,247 ft
2 wells filed one
Completion to plug
10.7 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

Between 9,694 and 10,800 ft, median 10,247 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2005 – Apr 2006
2 of 2 wells
Plug dates filed
Mar 2016
1 of 2 wells; 1 filed none

Last completion to plug: a median of 10.7 years across the 1 well that filed both dates, with the middle half between 10.7 years and 10.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46134866310,800 ftApr 2006
42-4613483429,694 ftJul 2005Mar 2016Yes

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 (251)

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

251 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 20220094.529.13$0
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 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20181059.403.07$59
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20175049.292.98$246
Sep 201761047.523.09$2,899
Aug 20170045.373.00$0
Jul 20170143.873.09$3
Jun 2017921042.493.09$3,940
May 2017803345.373.26$3,737
Apr 2017793447.933.21$3,896
Mar 2017864946.772.98$4,168
Feb 201708350.452.95$245
Jan 20171038349.413.42$5,373
Dec 20161036548.763.72$5,264
Nov 201606742.492.64$177
Oct 20161657846.193.09$7,862
Sep 201606241.553.10$192
Aug 201606041.442.92$175
Jul 201607641.622.92$222
Jun 20161598245.352.69$7,431
May 201608042.521.99$159
Apr 20161139336.561.99$4,316
Mar 20161137933.011.79$3,872
Feb 201607926.472.06$163
Jan 20162209827.352.36$6,249
Dec 20151069632.362.00$3,622
Nov 201509938.792.17$215
Oct 201509743.552.43$235
Sep 2015918542.992.76$4,147
Aug 2015699640.162.87$3,047
Jul 2015529248.152.95$2,775
Jun 201503256.152.88$92
May 20159010155.212.96$5,267
Apr 20157818049.822.71$4,373
Mar 201510919742.892.93$5,253
Feb 201504544.662.98$134
Jan 2015841143.433.10$3,682
Dec 201402254.693.59$79
Nov 2014145770.464.25$10,246
Oct 201402078.303.90$78
Sep 2014913286.164.05$7,970
Aug 2014946889.394.04$8,677
Jul 201401896.564.18$75
Jun 2014851798.164.74$8,424
May 2014788394.734.73$7,781
Apr 2014499795.944.81$5,168
Mar 2014011595.895.06$582
Feb 20142198397.406.19$21,845
Jan 201406390.404.86$306
Dec 201303891.824.35$165
Nov 20131325588.853.74$11,934
Oct 201319814397.423.78$19,830
Sep 20130113104.113.72$420
Aug 20130311104.253.52$1,096
Jul 201357166102.523.72$6,461
Jun 201307194.403.93$279
May 201305194.834.15$212
Apr 20136733093.964.28$7,709
Mar 20134443693.623.91$5,825
Feb 201312031091.233.42$12,008
Jan 20138421191.603.42$8,416
Dec 20127540886.773.42$7,903
Nov 20125741086.953.62$6,442
Oct 201220149789.383.40$19,655
Sep 2012025994.672.92$756
Aug 20123734692.662.91$4,435
Jul 20123931085.133.02$4,257
Jun 20123934479.822.52$3,980
May 20127233091.612.49$7,417
Apr 20120407101.652.00$813
Mar 201222436105.052.22$3,280
Feb 2012550101.102.57$5,561
Jan 20123842998.092.73$4,900
Dec 20116346496.873.24$7,606
Nov 201116545795.723.31$17,307
Oct 20115551784.983.65$6,560
Sep 20113841683.623.99$4,836
Aug 20113447983.404.15$4,823
Jul 20116749594.144.52$8,543
Jun 20116747392.904.64$8,419
May 20116935798.134.40$8,343
Apr 201135425105.964.33$5,550
Mar 20116144696.364.06$7,688
Feb 20114245485.644.18$5,495
Jan 201124048386.504.59$22,976
Dec 20107241285.734.35$7,964
Nov 20109653680.843.80$9,795
Oct 20106161878.103.51$6,933
Sep 20105350472.633.98$5,855
Aug 201010053373.684.42$9,724
Jul 20108056672.554.74$8,485
Jun 20104051770.364.91$5,353
May 201025858871.124.24$20,839
Apr 20108561281.694.12$9,467
Mar 20108464378.394.39$9,407
Feb 20104160173.585.44$6,288
Jan 201013059774.365.96$13,227
Dec 20098665471.445.48$9,730
Nov 2009072474.593.75$2,716
Oct 200925498172.544.11$22,457
Sep 2009945365.543.06$1,978
Aug 20091752567.423.22$2,836
Jul 20095559461.133.46$5,420
Jun 20092982666.163.90$5,136
May 20098686654.743.93$8,107
Apr 20095789146.773.59$5,862
Mar 200923990742.144.06$13,753
Feb 20097789332.814.63$6,664
Jan 2009671,00735.865.37$7,811
Dec 20081081,00737.105.98$10,026
Nov 2008641,02755.496.86$10,597
Oct 2008301,43975.246.92$12,218
Sep 20080460101.767.88$3,623
Aug 200886987114.228.48$18,196
Jul 2008261837131.0811.39$43,745
Jun 2008103912131.3313.03$25,413
May 20081501,165123.1711.57$31,960
Apr 200830980110.3110.45$13,555
Mar 20081131,068101.909.66$21,836
Feb 2008591,11592.538.77$15,238
Jan 20082311,08190.388.21$29,748
Dec 20073454788.337.30$6,997
Nov 20072844991.677.29$5,841
Oct 200723670882.856.92$24,453
Sep 200711986175.846.24$14,401
Aug 200728184669.066.39$24,810
Jul 200713379070.906.39$14,476
Jun 200721174162.007.55$18,675
May 20072861,18458.747.85$26,090
Apr 200713886159.617.81$14,946
Mar 20073651,21956.927.30$29,677
Feb 20072031,05255.108.22$19,829
Jan 20072021,14050.306.73$17,829
Dec 20062621,38556.656.92$24,424
Nov 20063261,52654.207.62$29,293
Oct 20066751,66154.906.01$47,046
Sep 20062901,41160.085.04$24,531
Aug 20066701,77868.717.34$59,086
Jul 20064841,76569.376.34$44,770
Jun 20068402,04866.286.38$68,749
May 20066022,41066.016.42$55,222
Apr 20063834,45864.397.36$57,474
Mar 2006723,00956.707.08$25,395
Feb 20061793,03057.597.75$33,795
Jan 20063641,90760.598.93$39,091
Dec 20051822,23854.9413.42$40,023
Nov 20053701,39054.6910.59$34,953
Oct 20051341,43358.3413.80$27,587
Sep 20058861,35461.4512.08$70,800
Aug 20051,5811,36761.519.80$110,640
Jul 20050055.697.84$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.

Aug 2018 — as filed, then multipliedworked
Oil                    1 bbl  × $ 59.40 =        $59
Casinghead gas         0 Mcf  × $  3.07 =         $0

────────────────────────────────────────────────────
Month total                                      $59

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/15902 is the state's own key, not one this site invented.