EAST MERCHANT

Operated by OXY USA WTP LP (P-5 630555) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18843District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$18.3 M
Nov 2014 – May 2026
Value, last 12 filed months
$710 k
at the published price for each month
Months reported
139
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 721 leases and 1,413 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2024-02-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 02/01/2024.

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
OilDisposition288,157 bbl$15,651,235
Casinghead gasProduction832,849 Mcf$2,619,001
Total$18,270,235

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 31.6138, -101.5271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61376, -101.52711 · 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
8,894 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 8,894 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-383389531361HC8,894 ftNov 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 (139)

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

139 months

May 20267433,121106.413.05$88,569
Apr 2026379098.932.87$37,494
Mar 20269432,90389.753.15$93,777
Feb 20267541,40863.503.75$53,159
Jan 20265711,65659.138.00$47,008
Dec 20257701,53956.664.41$50,420
Nov 20253791,78858.593.93$29,226
Oct 20257512,57159.383.30$53,091
Sep 20257603,19162.743.08$57,501
Aug 20251,1232,97963.933.01$80,774
Jul 20259313,80466.743.32$74,746
Jun 20255602,19766.483.13$44,103
May 20257492,51560.553.23$53,481
Apr 20251,1224,03462.363.54$84,261
Mar 20257533,02867.704.27$63,903
Feb 20251,0715,02170.884.34$97,708
Jan 20251,1344,40774.324.28$103,135
Dec 20241,1446,76768.993.12$100,047
Nov 20247352,20469.052.20$55,597
Oct 20245412,49571.372.28$44,303
Sep 20247283,78569.612.36$59,625
Aug 20247285,72175.632.06$66,865
Jul 20249003,78179.932.15$80,053
Jun 20247364,54878.082.63$69,446
May 20247305,07778.812.20$68,693
Apr 20247414,58884.451.66$70,190
Mar 20241,0825,64580.301.55$95,607
Feb 20247214,90776.091.78$63,613
Jan 20241,0775,52473.023.30$96,859
Dec 20231,0505,93471.262.61$90,315
Nov 20231,1085,58277.892.81$101,974
Oct 20237315,75885.443.09$80,233
Sep 20236844,00789.042.74$71,863
Aug 20231,0435,71680.522.67$99,261
Jul 20231,0775,44674.852.64$95,001
Jun 20236735,09368.962.26$57,913
May 20231,0455,27770.622.23$85,552
Apr 20231,0485,16678.122.24$93,430
Mar 20231,0715,39572.852.39$90,933
Feb 20231,0904,87575.112.47$93,890
Jan 20231,0545,78576.533.39$100,261
Dec 20221,0625,47276.415.73$112,497
Nov 20221,0405,47985.005.65$119,336
Oct 20221,0525,69687.185.86$125,113
Sep 20221,0215,09084.888.16$128,216
Aug 20227165,20794.529.13$115,201
Jul 20221,0425,549101.587.54$147,697
Jun 20221,1074,708115.097.98$164,961
May 20227604,734109.378.43$123,043
Apr 20221,0825,058104.226.84$147,351
Mar 20221,1335,403108.885.08$150,789
Feb 20221,6644,99891.054.86$175,792
Jan 20221,1263,96881.844.54$110,157
Dec 20211,2834,96771.323.90$110,870
Nov 20211,7334,75477.435.24$159,082
Oct 20211,4234,23079.795.71$137,711
Sep 20211,3274,43569.865.35$116,436
Aug 20211,3764,81966.024.22$111,183
Jul 20211,8784,55570.783.98$151,063
Jun 20211,4275,58769.493.38$118,050
May 20211,5106,56963.483.02$115,678
Apr 20211,5503,75160.362.76$103,905
Mar 2021191061.302.72$11,708
Feb 202163221157.805.55$37,700
Jan 20217152,74650.412.81$43,760
Dec 20208664,01044.642.68$49,387
Nov 20201,4576,97638.772.71$75,369
Oct 20201,4737,56236.972.48$73,199
Sep 20201,3306,19237.091.99$61,658
Aug 20201,3926,17739.982.39$70,385
Jul 20201,4477,04638.371.83$68,381
Jun 20201,5555,97634.901.69$64,371
May 20202,0246,60516.921.81$46,233
Apr 20201,1594,50214.751.80$25,219
Mar 20201,6075,17130.341.86$58,355
Feb 20201,3835,24749.881.98$79,377
Jan 20201,5695,71957.252.09$101,805
Dec 20191,1524,60459.012.30$78,589
Nov 20191,3024,27755.302.75$83,765
Oct 20191,7005,94253.472.42$105,270
Sep 20193,3364,60255.052.66$195,876
Aug 20193,8644,84853.112.30$216,389
Jul 20192,4115,19956.272.46$148,457
Jun 20193,6555,22852.782.49$205,935
May 20193,090058.482.74$180,703
Apr 20193,5264,92862.632.75$234,389
Mar 20192,0945,05656.803.06$134,421
Feb 20192,8595,02950.852.79$159,422
Jan 20192,2584,76546.033.23$119,318
Dec 20182,6534,97746.594.19$144,434
Nov 20183,0875,73652.934.24$187,700
Oct 20183,4085,54261.443.40$228,220
Sep 20183,9589,27059.543.11$264,470
Aug 20184,6566,22659.403.07$295,659
Jul 20182,7123,13665.142.93$185,854
Jun 20182,9555,31360.183.08$194,180
May 20183,3046,28365.382.90$234,241
Apr 20182,4305,56463.842.90$171,271
Mar 20183,0056,05061.222.79$200,826
Feb 20181,8535,14861.782.77$128,718
Jan 20181,3365,98462.874.01$107,986
Dec 20171,0534,03457.272.92$72,091
Nov 20171,8776,13655.423.12$123,158
Oct 20172,0027,81649.292.98$121,999
Sep 20172,0808,05847.523.09$123,719
Aug 20172,4627,22645.373.00$133,411
Jul 20171,8357,05143.873.09$102,270
Jun 20172,1527,34742.493.09$114,121
May 20172,0026,41245.373.26$111,756
Apr 20171,9637,94347.933.21$119,596
Mar 20171,6085,53246.772.98$91,712
Feb 20172,2385,96350.452.95$130,513
Jan 20172,6866,70249.413.42$155,628
Dec 20162,0678,59448.763.72$132,781
Nov 20162,5809,95042.492.64$135,935
Oct 20162,8469,77246.193.09$161,655
Sep 20162,8108,97741.553.10$144,590
Aug 20164,0719,91841.442.92$197,706
Jul 20163,6989,57541.622.92$181,911
Jun 20164,65811,69445.352.69$242,648
May 20162,1255,05642.521.99$100,422
Apr 20162,0126,00936.561.99$85,523
Mar 20162,67710,62733.011.79$107,433
Feb 20162,78310,52426.472.06$95,384
Jan 20163,66311,79527.352.36$128,071
Dec 20154,4099,46132.362.00$161,611
Nov 20153,85919,96938.792.17$192,970
Oct 20154,71311,57043.552.43$233,327
Sep 20153,6089,23942.992.76$180,593
Aug 20155,0127,78440.162.87$223,641
Jul 20154,59713,58248.152.95$261,346
Jun 20155,37513,86756.152.88$341,783
May 20155,11513,10955.212.96$321,142
Apr 20155,903049.822.71$294,087
Mar 20157,11920,71842.892.93$366,135
Feb 20157,44721,18444.662.98$395,631
Jan 20159,95515,37943.433.10$480,030
Dec 201414,35116,16254.693.59$842,900
Nov 20140070.464.25$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                  743 bbl  × $106.41 =    $79,063
Casinghead gas     3,121 Mcf  × $  3.05 =     $9,506

────────────────────────────────────────────────────
Month total                                  $88,569

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/18843 is the state's own key, not one this site invented.