EAST RANKIN UNIT 58-3

Operated by SAXUM OPCO, LLC (P-5 103699) 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 18039District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$18.0 M
Sep 2012 – May 2026
Value, last 12 filed months
$322 k
at the published price for each month
Months reported
165
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
OilDisposition169,337 bbl$12,964,822
Casinghead gasProduction1,356,398 Mcf$5,052,380
Total$18,017,202

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 31.2331, -101.8888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.23313, -101.88880 · 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
10,103 ft
2 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

Between 10,040 and 10,165 ft, median 10,103 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2012 – Apr 2013
2 of 2 wells

2 wells

42-461384551410,165 ftApr 2013
42-461381171310,040 ftSep 2012

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 (165)

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

165 months

May 20261867,066106.413.05$41,314
Apr 20263407,10498.932.87$54,023
Mar 20263047,87389.753.15$52,080
Feb 20261834,86363.503.75$29,858
Jan 20261502,99059.138.00$32,783
Dec 20252112,83556.664.41$24,467
Nov 20252521,88658.593.93$22,170
Oct 20253561,04359.383.30$24,586
Sep 202510244462.743.08$7,766
Aug 202517289563.933.01$13,694
Jul 20251461,35166.743.32$14,223
Jun 20255164966.483.13$5,421
May 20252023,51760.553.23$23,599
Apr 20252635,99962.363.54$37,656
Mar 20251755,86267.704.27$36,868
Feb 20252324,91070.884.34$37,758
Jan 20253945,45474.324.28$52,618
Dec 20242275,25968.993.12$32,076
Nov 20241053,53669.052.20$15,024
Oct 20241232,76371.372.28$15,082
Sep 20242274,22069.612.36$25,779
Aug 20242024,55175.632.06$24,669
Jul 20241834,12879.932.15$23,488
Jun 20241474,45378.082.63$23,207
May 20241152,18178.812.20$13,858
Apr 20241542,08184.451.66$16,458
Mar 20242652,35580.301.55$24,918
Feb 20243242,48876.091.78$29,091
Jan 2024793,19773.023.30$16,311
Dec 20231614,16771.262.61$22,352
Nov 20234465,73977.892.81$50,852
Oct 20232955,66485.443.09$42,691
Sep 20233334,76489.042.74$42,680
Aug 20233495,55280.522.67$42,941
Jul 20233945,72874.852.64$44,623
Jun 20233675,67868.962.26$38,132
May 20233976,41570.622.23$42,325
Apr 20234125,38178.122.24$44,227
Mar 20239564,17472.852.39$79,634
Feb 20233981,33575.112.47$33,185
Jan 202313145976.533.39$11,580
Dec 202218038476.415.73$15,954
Nov 20221791,66585.005.65$24,616
Oct 20222793,41087.185.86$44,319
Sep 202268913,14884.888.16$165,818
Aug 20223986,69394.529.13$98,707
Jul 20224617,072101.587.54$100,166
Jun 20223775,308115.097.98$85,732
May 20222644,119109.378.43$63,609
Apr 20224253,634104.226.84$69,141
Mar 20226717,349108.885.08$110,365
Feb 20224406,85091.054.86$73,345
Jan 20225995,33381.844.54$73,222
Dec 20216829,75171.323.90$86,661
Nov 20216029,63977.435.24$97,091
Oct 20215325,27679.795.71$72,595
Sep 202191610,46869.865.35$120,005
Aug 202166920,67266.024.22$131,415
Jul 202151819,15070.783.98$112,921
Jun 202164217,07969.493.38$102,350
May 20215942,79263.483.02$46,132
Apr 20218427,51360.362.76$71,547
Mar 20212311,20661.302.72$17,437
Feb 20211802,61157.805.55$24,890
Jan 20216182,20250.412.81$37,342
Dec 20206612,22944.642.68$35,471
Nov 20206732,36538.772.71$32,493
Oct 202028062736.972.48$11,906
Sep 202010830837.091.99$4,619
Aug 20203221,30939.982.39$15,996
Jul 20202871,10738.371.83$13,033
Jun 20203361,04734.901.69$13,496
May 20203231,43116.921.81$8,062
Apr 20206732,22814.751.80$13,947
Mar 20201,6633,09730.341.86$56,204
Feb 202075328849.881.98$38,130
Jan 202017045157.252.09$10,677
Dec 20191,0511,38859.012.30$65,218
Nov 20199981,31155.302.75$58,796
Oct 201919648453.472.42$11,651
Sep 201920955255.052.66$12,972
Aug 20192052,02553.112.30$15,554
Jul 20197202,90556.272.46$47,661
Jun 20197653,45552.782.49$48,984
May 20196162,84558.482.74$43,820
Apr 20198353,49162.632.75$61,899
Mar 20199164,04156.803.06$64,403
Feb 20197934,52750.852.79$52,964
Jan 20199562,72546.033.23$52,801
Dec 20181,0733,60646.594.19$65,084
Nov 20181,0514,06152.934.24$72,837
Oct 20184171,59761.443.40$31,047
Sep 20183411,41459.543.11$24,698
Aug 20183641,93659.403.07$27,558
Jul 20182941,95265.142.93$24,874
Jun 20184251,74960.183.08$30,958
May 20185222,51165.382.90$41,412
Apr 20187141,57763.842.90$50,156
Mar 20181,0703,65361.222.79$75,686
Feb 20189476,29661.782.77$75,921
Jan 20186799,27962.874.01$79,891
Dec 201760117,60157.272.92$85,841
Nov 20172941,02355.423.12$19,484
Oct 20173971,25749.292.98$23,319
Sep 20175401,40247.523.09$29,989
Aug 201729347845.373.00$14,730
Jul 201746491843.873.09$23,190
Jun 201738597442.493.09$19,366
May 20175832,06645.373.26$33,193
Apr 20176461,72247.933.21$36,493
Mar 20177671,83246.772.98$41,339
Feb 20176582,47950.452.95$40,516
Jan 20178873,28349.413.42$55,051
Dec 20169262,37248.763.72$53,982
Nov 20166751,43942.492.64$32,486
Oct 20168771,55946.193.09$45,326
Sep 20167831,14241.553.10$36,075
Aug 20164561,29741.442.92$22,690
Jul 20164101,28041.622.92$20,807
Jun 201665065845.352.69$31,245
May 201675982942.521.99$33,923
Apr 20165581,35136.561.99$23,090
Mar 20168121,40833.011.79$29,330
Feb 201676268326.472.06$21,580
Jan 20161,00899227.352.36$29,914
Dec 20151,0371,24732.362.00$36,053
Nov 20151,0261,38238.792.17$42,794
Oct 20157981,08343.552.43$37,381
Sep 201522735042.992.76$10,724
Aug 20158621,75440.162.87$39,656
Jul 20151,1561,72448.152.95$60,739
Jun 20159441,65456.152.88$57,774
May 20158121,74655.212.96$49,991
Apr 20155541,20849.822.71$30,870
Mar 20151,1371,55342.892.93$53,324
Feb 201565289244.662.98$31,773
Jan 20155862,65543.433.10$33,682
Dec 20149737,57454.693.59$80,414
Nov 20149877,11570.464.25$99,796
Oct 20149825,52578.303.90$98,443
Sep 20146757,57986.164.05$88,818
Aug 20147285,47889.394.04$87,180
Jul 20141,0809,38396.564.18$143,502
Jun 20141,41212,06998.164.74$195,771
May 20141,78811,93194.734.73$225,770
Apr 20141,7436,05695.944.81$196,347
Mar 20141,2334,50695.895.06$141,018
Feb 20141,0992,20197.406.19$120,671
Jan 20141,07011,15290.404.86$150,935
Dec 20132,28832,11591.824.35$349,928
Nov 20131,97937,02788.853.74$314,251
Oct 20131,94917,16297.423.78$254,733
Sep 20132,45930,238104.113.72$368,424
Aug 20132,43055,938104.253.52$450,375
Jul 20133,35051,154102.523.72$533,619
Jun 20132,44525,50394.403.93$331,122
May 20132,99014,37194.834.15$343,168
Apr 20131,6138,29493.964.28$187,077
Mar 20131,92845,38693.623.91$358,089
Feb 20132,69572,02991.233.42$492,198
Jan 20136,18492,59991.603.42$883,135
Dec 201213,522113,02786.773.42$1,559,874
Nov 201217,615127,85686.953.62$1,995,097
Oct 201222,04655,40889.383.40$2,158,841
Sep 201218922994.672.92$18,561

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                  186 bbl  × $106.41 =    $19,792
Casinghead gas     7,066 Mcf  × $  3.05 =    $21,522

────────────────────────────────────────────────────
Month total                                  $41,314

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/18039 is the state's own key, not one this site invented.