CHARLOTTE B UNIT

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 18508District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$22.9 M
Feb 2014 – May 2026
Value, last 12 filed months
$587 k
at the published price for each month
Months reported
148
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
OilDisposition290,914 bbl$19,268,013
Casinghead gasProduction1,087,306 Mcf$3,632,536
Total$22,900,550

Wells on this lease (1)

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 31.2641, -101.9799. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26413, -101.97989 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,834 ft
1 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.
1100.0%

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 8,834 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-461389612H8,834 ftFeb 2014

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 (148)

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

148 months

May 20264624,538106.413.05$62,983
Apr 20266044,21998.932.87$71,861
Mar 20265313,94489.753.15$60,079
Feb 20264513,63363.503.75$42,263
Jan 20265472,07159.138.00$48,908
Dec 20254911,15356.664.41$32,909
Nov 20257273,07958.593.93$54,684
Oct 20254752,45559.383.30$36,319
Sep 20256692,11162.743.08$48,468
Aug 20255431,81463.933.01$40,183
Jul 20255562,23466.743.32$44,514
Jun 20256121,04466.483.13$43,952
May 20256752,05460.553.23$47,510
Apr 20255782,36862.363.54$44,434
Mar 20254859,72267.704.27$74,331
Feb 20254431,61870.884.34$38,423
Jan 20258342,52874.324.28$72,799
Dec 202469172668.993.12$49,938
Nov 202449977669.052.20$36,162
Oct 202465787971.372.28$48,895
Sep 202458794669.612.36$43,098
Aug 20245241,93675.632.06$43,625
Jul 20245771,08679.932.15$48,451
Jun 20245121,05378.082.63$42,751
May 202455277578.812.20$45,207
Apr 202457625884.451.66$49,071
Mar 202471726380.301.55$57,981
Feb 202454425076.091.78$41,839
Jan 202459841173.023.30$45,021
Dec 20236451,48071.262.61$49,827
Nov 202358184377.892.81$47,621
Oct 202389682685.443.09$79,104
Sep 202367567189.042.74$61,937
Aug 202373454480.522.67$60,556
Jul 202364196774.852.64$50,533
Jun 202368989968.962.26$49,544
May 202363389770.622.23$46,700
Apr 20237651,16978.122.24$62,378
Mar 20236001,00872.852.39$46,122
Feb 202378696175.112.47$61,406
Jan 20237211,57176.533.39$60,500
Dec 202265172576.415.73$53,896
Nov 202295252785.005.65$83,896
Oct 20221,00987687.185.86$93,101
Sep 202276770184.888.16$70,826
Aug 20225741,54794.529.13$68,374
Jul 2022756872101.587.54$83,371
Jun 2022789538115.097.98$95,098
May 2022928511109.378.43$105,805
Apr 2022987510104.226.84$106,352
Mar 20227311108.885.08$79,596
Feb 202286145591.054.86$80,605
Jan 20221,12522581.844.54$93,091
Dec 20211,00950071.323.90$73,911
Nov 202188968477.435.24$72,417
Oct 202164432279.795.71$53,225
Sep 20216703,21469.865.35$64,004
Aug 20218133,83266.024.22$69,848
Jul 20217503,73670.783.98$67,962
Jun 20217393,80769.493.38$64,223
May 20218194,00863.483.02$64,085
Apr 20218463,33560.362.76$60,264
Mar 20219913,79361.302.72$71,054
Feb 20217072,33757.805.55$53,830
Jan 20218813,20350.412.81$53,413
Dec 20201,0683,40144.642.68$56,775
Nov 20201,0024,71238.772.71$51,601
Oct 20209333,54236.972.48$43,272
Sep 20201,0564,25437.091.99$47,637
Aug 20201,0104,74439.982.39$51,695
Jul 20201,0863,05138.371.83$47,238
Jun 20201,0172,50734.901.69$39,731
May 20201,0723,11916.921.81$23,798
Apr 20201,2193,54714.751.80$24,380
Mar 20201,4954,56630.341.86$53,834
Feb 20201,2051,76449.881.98$63,599
Jan 20201,4812,16457.252.09$89,320
Dec 20196012,33059.012.30$40,834
Nov 20191,3755,62555.302.75$91,510
Oct 20191,3305,34953.472.42$84,052
Sep 20191,3465,38955.052.66$88,417
Aug 20191,1214,31553.112.30$69,480
Jul 20191,3334,79856.272.46$86,811
Jun 20191,4379,77952.782.49$100,206
May 20191,2828,05758.482.74$97,050
Apr 20191,18110,69262.632.75$103,377
Mar 20191,34016,65156.803.06$127,099
Feb 20191,3869,69050.852.79$97,535
Jan 20198272,33946.033.23$45,618
Dec 20182,14942,53746.594.19$278,158
Nov 20182,04936,09352.934.24$261,388
Oct 20182,57738,41761.443.40$288,875
Sep 20182,82938,70959.543.11$288,746
Aug 20183,23510,41759.403.07$224,103
Jul 20181,5424,08665.142.93$112,426
Jun 20181,3481,23560.183.08$84,923
May 20181,1171,00765.382.90$75,951
Apr 20188961,63863.842.90$61,952
Mar 20181,1964,05261.222.79$84,511
Feb 20181,3567,13961.782.77$103,521
Jan 20181,5468,35262.874.01$130,683
Dec 20171,3327,19457.272.92$97,301
Nov 20171,3457,33255.423.12$97,404
Oct 20171,4297,59649.292.98$93,099
Sep 20171,3273,20147.523.09$72,941
Aug 20171,2351,36545.373.00$60,133
Jul 20171,6816,06943.873.09$92,482
Jun 20171,6805,96842.493.09$89,808
May 20171,2766,01845.373.26$77,531
Apr 20171,48314,52047.933.21$117,713
Mar 20171,62311,83746.772.98$111,226
Feb 20171,79413,50850.452.95$130,391
Jan 20171,6849,14349.413.42$114,465
Dec 20162,81219,91948.763.72$211,268
Nov 20162,66013,15342.492.64$147,805
Oct 20162,97514,59546.193.09$182,518
Sep 20161,96810,09341.553.10$113,065
Aug 20162,93423,75041.442.92$191,038
Jul 20162,34423,10741.622.92$165,130
Jun 20163,26821,34745.352.69$205,538
May 20164,00435,14042.521.99$240,215
Apr 20165,00511,04236.561.99$204,968
Mar 20161,3591,74833.011.79$47,997
Feb 20163,7946,96526.472.06$114,800
Jan 20163,5725,66127.352.36$111,079
Dec 20153,3884,95932.362.00$119,561
Nov 20152,9933,26838.792.17$123,181
Oct 20153,4265,99943.552.43$163,759
Sep 20152,9745,61542.992.76$143,341
Aug 20152,83611,15440.162.87$145,934
Jul 20152,90810,24748.152.95$170,198
Jun 20153,04513,94256.152.88$211,170
May 20153,42117,15355.212.96$239,568
Apr 20154,22725,49549.822.71$279,593
Mar 20155,26128,09842.892.93$308,104
Feb 20154,26422,60444.662.98$257,704
Jan 20153,15118,04443.433.10$192,796
Dec 20144,54518,32854.693.59$314,389
Nov 20144,75917,08770.464.25$407,970
Oct 20146,61414,23178.303.90$573,391
Sep 20144,8916,65086.164.05$448,311
Aug 20145,60914,10889.394.04$558,316
Jul 20146,94828,92096.564.18$791,773
Jun 20147,13323,44498.164.74$811,227
May 201413,40139,98594.734.73$1,458,468
Apr 201419,02225,54595.944.81$1,947,820
Mar 201422,30720,05395.895.06$2,240,422
Feb 20144,193097.406.19$408,398

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                  462 bbl  × $106.41 =    $49,161
Casinghead gas     4,538 Mcf  × $  3.05 =    $13,822

────────────────────────────────────────────────────
Month total                                  $62,983

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/18508 is the state's own key, not one this site invented.