KELLY

Operated by SUMMIT PETROLEUM LLC (P-5 829221) 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 16242District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$16.7 M
Mar 2007 – May 2026
Value, last 12 filed months
$440 k
at the published price for each month
Months reported
231
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
OilDisposition181,841 bbl$13,106,105
Casinghead gasProduction783,527 Mcf$3,631,240
Total$16,737,345

Wells on this lease (5)

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 31.3836, -102.1583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.38421, -102.15852 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
10,050 ft
5 wells filed one
Completion to plug
3.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 9,915 and 10,100 ft, median 10,050 ft, over the 5 wells that filed a depth.

Completions filed
Mar 2007 – Jan 2015
5 of 5 wells
Plug dates filed
Jun 2018
1 of 5 wells; 4 filed none

Last completion to plug: a median of 3.4 years across the 1 well that filed both dates, with the middle half between 3.4 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-4613646859,915 ftJan 2015Jun 2018Yes
42-4613519849,960 ftJul 2007
42-46135196110,050 ftJul 2007
42-46135225210,100 ftJun 2007
42-46135197310,100 ftMar 2007

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 (231)

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

231 months

May 20263732,434106.413.05$47,105
Apr 20265422,35198.932.87$60,367
Mar 20267072,42689.753.15$71,094
Feb 20263122,15363.503.75$27,886
Jan 20263671,88159.138.00$36,745
Dec 20253642,13256.664.41$30,034
Nov 20253832,05258.593.93$30,497
Oct 20251842,19159.383.30$18,167
Sep 20253411,96162.743.08$27,428
Aug 20253612,06463.933.01$29,301
Jul 20253722,07366.743.32$31,700
Jun 20253521,96866.483.13$29,558
May 20253592,13560.553.23$28,638
Apr 20253631,99562.363.54$29,705
Mar 20254221,97167.704.27$36,982
Feb 20254111,87770.884.34$37,279
Jan 20253622,11774.324.28$35,962
Dec 20243502,14368.993.12$30,836
Nov 20243672,11569.052.20$29,991
Oct 20243622,26871.372.28$31,010
Sep 20245452,15769.612.36$43,037
Aug 20243682,09475.632.06$32,153
Jul 20241682,02579.932.15$17,775
Jun 20243351,59078.082.63$30,345
May 20247212,06978.812.20$61,371
Apr 20245552,34184.451.66$50,754
Mar 20247372,59980.301.55$63,197
Feb 20246982,46876.091.78$57,513
Jan 202418092873.023.30$16,204
Dec 20233772,19971.262.61$32,606
Nov 20231691,31277.892.81$16,847
Oct 20231741,44685.443.09$19,331
Sep 20233381,61989.042.74$34,524
Aug 20231881,80880.522.67$19,970
Jul 20231781,78974.852.64$18,049
Jun 20231681,64668.962.26$15,303
May 20233571,74970.622.23$29,107
Apr 20231611,38478.122.24$15,674
Mar 20231801,16272.852.39$15,894
Feb 20233791,24875.112.47$31,544
Jan 20231781,21376.533.39$17,732
Dec 20221721,84176.415.73$23,690
Nov 20221811,74885.005.65$25,255
Oct 20223502,08387.185.86$42,727
Sep 20224222,01684.888.16$52,277
Aug 20223282,33794.529.13$52,333
Jul 20221842,536101.587.54$37,817
Jun 20221782,046115.097.98$36,807
May 20221852,027109.378.43$37,327
Apr 20223601,647104.226.84$48,781
Mar 20221831,940108.885.08$29,773
Feb 202201,73891.054.86$8,445
Jan 20221911,82781.844.54$23,922
Dec 20213741,85271.323.90$33,895
Nov 20213652,26177.435.24$40,102
Oct 20213712,82379.795.71$45,732
Sep 20213682,19769.865.35$37,464
Aug 20213542,31966.024.22$33,159
Jul 20215411,77570.783.98$45,360
Jun 20213722,47469.493.38$34,214
May 20213663,04063.483.02$32,407
Apr 20215322,46460.362.76$38,908
Mar 20215492,50361.302.72$40,454
Feb 20213741,90957.805.55$32,208
Jan 20215532,38350.412.81$34,574
Dec 20203682,54144.642.68$23,226
Nov 20203792,47838.772.71$21,401
Oct 20205531,78236.972.48$24,861
Sep 20205472,62537.091.99$25,515
Aug 20205462,90339.982.39$28,753
Jul 20207143,03338.371.83$32,932
Jun 20203642,88434.901.69$17,578
May 202002,19416.921.81$3,982
Apr 20205672,45914.751.80$12,800
Mar 20205482,91030.341.86$22,028
Feb 20205572,59949.881.98$32,931
Jan 20205463,03157.252.09$37,608
Dec 20197523,31159.012.30$52,005
Nov 20195632,13755.302.75$37,012
Oct 20193602,29453.472.42$24,797
Sep 20193473,38655.052.66$28,100
Aug 20195343,76153.112.30$37,027
Jul 201972991456.272.46$43,269
Jun 20195522,73252.782.49$35,941
May 20197282,71558.482.74$50,013
Apr 20193582,32962.632.75$28,828
Mar 20195512,63956.803.06$39,378
Feb 20195492,27250.852.79$34,261
Jan 20195552,56146.033.23$33,814
Dec 20189032,77346.594.19$53,677
Nov 20181,2783,22252.934.24$81,297
Oct 20183622,29361.443.40$30,033
Sep 20181792,06059.543.11$17,060
Aug 20187252,06959.403.07$49,410
Jul 20183732,35965.142.93$31,214
Jun 20183552,22260.183.08$28,201
May 20183722,23465.382.90$30,802
Apr 20183652,46263.842.90$30,443
Mar 20187192,72861.222.79$51,620
Feb 20181832,66861.782.77$18,686
Jan 20183622,75162.874.01$33,789
Dec 20175412,73057.272.92$38,959
Nov 20175432,79255.423.12$38,800
Oct 20175442,91149.292.98$35,499
Sep 20177202,85547.523.09$43,029
Aug 20175422,97145.373.00$33,517
Jul 20175373,02043.873.09$32,882
Jun 20171,0542,94742.493.09$53,883
May 20177283,12745.373.26$43,234
Apr 20171,0693,09247.933.21$61,167
Mar 20174943,00346.772.98$32,064
Feb 20173432,10650.452.95$23,523
Jan 20178722,30849.413.42$50,976
Dec 20165282,34148.763.72$34,460
Nov 20165172,39442.492.64$28,298
Oct 20165112,59146.193.09$31,610
Sep 20168512,58041.553.10$43,359
Aug 20165062,46141.442.92$28,165
Jul 20165162,78341.622.92$29,614
Jun 20166992,64945.352.69$38,814
May 20161,1483,41242.521.99$55,606
Apr 20161,2092,84436.561.99$49,864
Mar 20166881,81233.011.79$25,962
Feb 20166821,64026.472.06$21,437
Jan 20168681,86627.352.36$28,152
Dec 20153391,77632.362.00$14,525
Nov 20153851,46838.792.17$18,116
Oct 20155621,52043.552.43$28,164
Sep 20153641,52342.992.76$19,849
Aug 20155401,44440.162.87$25,834
Jul 20153651,05048.152.95$20,667
Jun 20153651,30156.152.88$24,245
May 20153731,24655.212.96$24,276
Apr 20155211,16049.822.71$29,096
Mar 20155361,07942.892.93$26,156
Feb 20153471,09344.662.98$18,750
Jan 20151721,35043.433.10$11,656
Dec 20145671,36554.693.59$35,911
Nov 20141941,26070.464.25$19,027
Oct 20143611,49578.303.90$34,098
Sep 20145271,50386.164.05$51,487
Aug 20141771,71789.394.04$22,750
Jul 20145341,78196.564.18$59,007
Jun 20145321,69098.164.74$60,226
May 20143441,68694.734.73$40,556
Apr 20143621,71295.944.81$42,963
Mar 20143651,82895.895.06$44,244
Feb 20145391,62197.406.19$62,536
Jan 20143591,45890.404.86$39,541
Dec 20135462,74591.824.35$62,087
Nov 20133541,63588.853.74$37,565
Oct 20135211,90597.423.78$57,956
Sep 20133651,865104.113.72$44,934
Aug 20135272,027104.253.52$62,080
Jul 20133611,897102.523.72$44,062
Jun 20135032,05294.403.93$55,555
May 20133722,10894.834.15$44,023
Apr 20135322,07393.964.28$58,865
Mar 20133572,01493.623.91$41,303
Feb 20135081,92791.233.42$52,935
Jan 20135562,17291.603.42$58,358
Dec 20125582,37886.773.42$56,551
Nov 20125372,50486.953.62$55,769
Oct 20125422,50489.383.40$56,957
Sep 20123672,45294.672.92$41,900
Aug 20125222,59792.662.91$55,921
Jul 20125682,44685.133.02$55,743
Jun 20123663,04279.822.52$36,877
May 20125293,45291.612.49$57,051
Apr 20125703,630101.652.00$65,189
Mar 20127253,727105.052.22$84,443
Feb 20127283,439101.102.57$82,440
Jan 20125623,43998.092.73$64,529
Dec 20111723,85496.873.24$29,148
Nov 20116234,33495.723.31$73,985
Oct 20116274,98384.983.65$71,463
Sep 20115654,69783.623.99$65,967
Aug 20115894,81083.404.15$69,081
Jul 20115864,77294.144.52$76,722
Jun 20118075,60592.904.64$100,977
May 20111,2516,93598.134.40$153,308
Apr 20111,2037,541105.964.33$160,147
Mar 20111,4628,89796.364.06$176,976
Feb 20111,2875,95185.644.18$135,094
Jan 20111,0196,77186.504.59$119,214
Dec 20102,53012,21685.734.35$270,009
Nov 20101,36515,97880.843.80$170,988
Oct 20102,92715,97878.103.51$284,664
Sep 20103,1895,60172.633.98$253,906
Aug 20103,41311,46873.684.42$302,151
Jul 20105,04110,70772.554.74$416,438
Jun 20103,4006,70570.364.91$272,148
May 20101,2624,88471.124.24$110,438
Apr 20105993,91981.694.12$65,089
Mar 20101,2125,58378.394.39$119,511
Feb 20101,0682,00873.585.44$89,512
Jan 20105225,13774.365.96$69,453
Dec 20091,5407,49171.445.48$151,096
Nov 20097464,03874.593.75$70,793
Oct 20091863,56672.544.11$28,150
Sep 20094025,43265.543.06$42,995
Aug 20094645,43267.423.22$48,766
Jul 20096625,51161.133.46$59,561
Jun 20096664,26866.163.90$60,686
May 20093545,42554.743.93$40,675
Apr 20096585,22946.773.59$49,534
Mar 20097966,23242.144.06$58,839
Feb 20091,0344,99532.814.63$57,067
Jan 20096485,31035.865.37$51,757
Dec 20081,2765,86137.105.98$82,372
Nov 20084955,96755.496.86$68,403
Oct 20089995,79175.246.92$115,250
Sep 20081,0962,734101.767.88$133,065
Aug 20087067,518114.228.48$144,415
Jul 20089917,261131.0811.39$212,599
Jun 20081,1518,504131.3313.03$261,990
May 20081,0608,263123.1711.57$226,199
Apr 20081,0619,413110.3110.45$215,451
Mar 20081,90111,260101.909.66$302,529
Feb 20082,15711,04192.538.77$296,423
Jan 20082,43816,44890.388.21$355,314
Dec 20072,64813,42888.337.30$331,949
Nov 20073,3982,45591.677.29$329,396
Oct 20073,87910,00182.856.92$390,602
Sep 20077,13116,44975.846.24$643,525
Aug 200713,43414,43669.066.39$1,019,968
Jul 20074,9228,57570.906.39$403,746
Jun 20072,1624,19862.007.55$165,732
May 20073,907058.747.85$229,497
Apr 2007534059.617.81$31,832
Mar 20070056.927.30$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                  373 bbl  × $106.41 =    $39,691
Casinghead gas     2,434 Mcf  × $  3.05 =     $7,414

────────────────────────────────────────────────────
Month total                                  $47,105

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/16242 is the state's own key, not one this site invented.