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POWELL 23

Operated by EXTEX OPERATING COMPANY (P-5 257062) 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 18873District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$4.6 M
Jul 2014 – May 2026
Value, last 12 filed months
$179 k
at the published price for each month
Months reported
143
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition59,721 bbl$3,535,502
Casinghead gasProduction334,989 Mcf$1,054,155
Total$4,589,657

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 31.5815, -102.0428. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.58151, -102.04278 · 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
12,047 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 12,041 and 12,053 ft, median 12,047 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2014 – Oct 2014
2 of 2 wells

2 wells

42-46139413312,053 ftOct 2014——
42-461394191R12,041 ftJul 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 (143)

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

143 months

May 202601,583106.413.05$4,822
Apr 2026180098.932.87$17,807
Mar 20261511,10689.753.15$17,036
Feb 20261781,21163.503.75$15,845
Jan 20261631,60659.138.00$22,483
Dec 20251891,35356.664.41$16,680
Nov 20251631,24458.593.93$14,435
Oct 20251821,32659.383.30$15,189
Sep 20251961,38462.743.08$16,556
Aug 20253841,62263.933.01$29,439
Jul 202501,41966.743.32$4,704
Jun 202501,20466.483.13$3,767
May 2025175060.553.23$10,596
Apr 2025175062.363.54$10,913
Mar 2025164067.704.27$11,103
Feb 2025181070.884.34$12,829
Jan 202518413274.324.28$14,240
Dec 20240268.993.12$6
Nov 202401169.052.20$24
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240379.932.15$6
Jun 20240078.082.63$0
May 20240878.812.20$18
Apr 202401884.451.66$30
Mar 20243611,17880.301.55$30,808
Feb 20243711,61976.091.78$31,117
Jan 202418442173.023.30$14,824
Dec 20231841,35671.262.61$16,652
Nov 20232077.892.81$156
Oct 20233621,07085.443.09$34,233
Sep 202336782689.042.74$34,937
Aug 20235392,16780.522.67$49,192
Jul 20235422,14274.852.64$46,227
Jun 20237092,09968.962.26$53,633
May 20238971,26770.622.23$66,168
Apr 20237381,05578.122.24$60,013
Mar 202317111572.852.39$12,733
Feb 20231857375.112.47$14,075
Jan 202308376.533.39$281
Dec 20220776.415.73$40
Nov 20220085.005.65$0
Oct 202205587.185.86$323
Sep 20221871,40584.888.16$27,343
Aug 20228842,58894.529.13$107,177
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202209104.226.84$62
Mar 20225541,183108.885.08$66,325
Feb 20221801,31391.054.86$22,769
Jan 20225471,55181.844.54$51,804
Dec 20213681,55671.323.90$32,313
Nov 20211701,60777.435.24$21,579
Oct 20217181,08879.795.71$63,506
Sep 20216841,28969.865.35$54,682
Aug 20211809866.024.22$12,297
Jul 2021354370.783.98$25,068
Jun 202135745169.493.38$26,333
May 20210363.483.02$9
Apr 202117679360.362.76$12,811
Mar 20211801,64861.302.72$15,512
Feb 2021079357.805.55$4,400
Jan 20211821,82950.412.81$14,315
Dec 20201821,64344.642.68$12,520
Nov 202017916538.772.71$7,386
Oct 20201641,89136.972.48$10,750
Sep 20201661,85037.091.99$9,840
Aug 20201811,96639.982.39$11,925
Jul 20201701,99538.371.83$10,164
Jun 202001,87334.901.69$3,166
May 20201782,00416.921.81$6,649
Apr 20203301,94314.751.80$8,373
Mar 20201671,94630.341.86$8,679
Feb 20203411,83449.881.98$20,642
Jan 202001,88157.252.09$3,940
Dec 201916875959.012.30$11,663
Nov 20191781,61055.302.75$14,272
Oct 20193741,53353.472.42$23,705
Sep 20191611,69155.052.66$13,357
Aug 20193712,36353.112.30$25,149
Jul 20191842,42056.272.46$16,307
Jun 20193531,96952.782.49$23,537
May 20193562,81558.482.74$28,533
Apr 20193582,82162.632.75$30,181
Mar 20195343,75956.803.06$41,842
Feb 20193791,99850.852.79$24,851
Jan 201918595846.033.23$11,608
Dec 201817770146.594.19$11,180
Nov 20183511,88652.934.24$26,570
Oct 201801,01161.443.40$3,435
Sep 20181741,41859.543.11$14,767
Aug 20183612,74359.403.07$29,855
Jul 20183642,79465.142.93$31,903
Jun 20183402,77660.183.08$29,003
May 20185502,86265.382.90$44,261
Apr 20183602,85263.842.90$31,255
Mar 201801,64761.222.79$4,590
Feb 20183512,25761.782.77$27,928
Jan 20184942,12962.874.01$39,594
Dec 20173472,24557.272.92$26,432
Nov 20175502,63555.423.12$38,698
Oct 20173622,88449.292.98$26,448
Sep 20175192,15147.523.09$31,304
Aug 20171932,83645.373.00$17,277
Jul 20173512,74943.873.09$23,885
Jun 20171712,32342.493.09$14,438
May 20173492,89545.373.26$25,282
Apr 20173683,24347.933.21$28,053
Mar 20175433,48846.772.98$35,803
Feb 20173643,26050.452.95$27,989
Jan 20175533,53049.413.42$39,392
Dec 20165643,65948.763.72$41,122
Nov 20165553,70342.492.64$33,374
Oct 20167013,15946.193.09$42,141
Sep 20163542,20541.553.10$21,546
Aug 20166983,99441.442.92$40,605
Jul 20163524,33541.622.92$27,327
Jun 20167254,36445.352.69$44,600
May 20167104,59342.521.99$39,334
Apr 20165354,77336.561.99$29,063
Mar 20167264,23833.011.79$31,568
Feb 20165282,37526.472.06$18,877
Jan 20169325,16127.352.36$37,693
Dec 20159375,43232.362.00$41,193
Nov 20151,0925,39238.792.17$54,045
Oct 20155524,87443.552.43$35,867
Sep 20151,047042.992.76$45,011
Aug 20158513,41540.162.87$43,986
Jul 20151,1997,04548.152.95$78,480
Jun 20151,0206,79556.152.88$76,862
May 20151,2067,31455.212.96$88,199
Apr 20151,3718,29249.822.71$90,746
Mar 20152,09410,31342.892.93$120,077
Feb 20151,4018,63144.662.98$88,256
Jan 20151,6007,99943.433.10$94,290
Dec 20148655,77654.693.59$68,051
Nov 20141,82510,64070.464.25$173,829
Oct 20141,91511,79478.303.90$195,952
Sep 20141,74012,88186.164.05$202,028
Aug 20142,57412,59289.394.04$280,900
Jul 20141,2034,27196.564.18$134,013

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                    0 bbl  × $106.41 =         $0
Casinghead gas     1,583 Mcf  × $  3.05 =     $4,822

────────────────────────────────────────────────────
Month total                                   $4,822

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/18873 is the state's own key, not one this site invented.