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MARCO 1602BU

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 19537District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$17.9 M
Nov 2016 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
115
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 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
OilDisposition200,401 bbl$11,035,273
Casinghead gasProduction2,034,677 Mcf$6,902,304
Total$17,937,577

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 31.3231, -101.9746. A lease has no coordinate of its own — that point is the mean of its wells, and they span 37.3 miles, so treat it as the lease's centre and not as its location.

31.32311, -101.97459 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,975 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
150.0%
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.
150.0%

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 5,328 and 8,622 ft, median 6,975 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1965 – Nov 2016
2 of 2 wells

2 wells

42-383395722H8,622 ftNov 2016——
42-105025553 U5,328 ftJun 1965—Yes

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 (115)

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

115 months

May 202628916,385106.413.05$80,659
Apr 202619818,46798.932.87$72,583
Mar 202630021,34189.753.15$94,137
Feb 202624016,29363.503.75$76,344
Jan 202625117,31259.138.00$153,302
Dec 202526317,10156.664.41$90,374
Nov 202529016,35958.593.93$81,224
Oct 202536618,65959.383.30$83,398
Sep 202537518,24862.743.08$79,675
Aug 202540717,54463.933.01$78,910
Jul 202539617,42166.743.32$84,183
Jun 202538813,58766.483.13$68,304
May 202545614,61760.553.23$74,858
Apr 202536212,45562.363.54$66,704
Mar 202548710,32767.704.27$77,049
Feb 20252075,42570.884.34$38,221
Jan 20252786,50674.324.28$48,498
Dec 202452716,92568.993.12$89,187
Nov 202448312,95869.052.20$61,839
Oct 202452016,52571.372.28$74,813
Sep 202448117,21369.612.36$74,180
Aug 202438114,23475.632.06$58,189
Jul 202424015,29279.932.15$52,009
Jun 20241487,75478.082.63$31,980
May 202436313,99878.812.20$59,382
Apr 202458415,55084.451.66$75,119
Mar 202457619,74180.301.55$76,755
Feb 202433413,44976.091.78$49,402
Jan 202433614,34873.023.30$71,850
Dec 202361120,99071.262.61$98,339
Nov 202342716,87677.892.81$80,639
Oct 202346114,81185.443.09$85,114
Sep 202364517,13389.042.74$104,290
Aug 202335310,63880.522.67$56,858
Jul 202336715,30974.852.64$67,913
Jun 202342117,36168.962.26$68,242
May 202345918,91970.622.23$74,555
Apr 202346718,11078.122.24$77,008
Mar 202351217,84572.852.39$80,005
Feb 202346714,84075.112.47$71,667
Jan 202351413,87876.533.39$86,351
Dec 202270021,24276.415.73$175,184
Nov 20224712,31185.005.65$53,083
Oct 202258120,50587.185.86$170,888
Sep 202255215,72884.888.16$175,252
Aug 202260817,78194.529.13$219,758
Jul 202266320,424101.587.54$221,387
Jun 202268817,530115.097.98$219,022
May 202268419,280109.378.43$237,398
Apr 202273217,542104.226.84$196,234
Mar 202252015,019108.885.08$132,860
Feb 202260216,34891.054.86$134,244
Jan 202264318,36781.844.54$135,967
Dec 202172723,72871.323.90$144,368
Nov 202149315,96377.435.24$121,769
Oct 202156517,85379.795.71$147,091
Sep 202172623,44469.865.35$176,165
Aug 202171620,45466.024.22$133,598
Jul 202176823,03670.783.98$146,090
Jun 202176720,28369.493.38$121,868
May 202187419,67363.483.02$114,848
Apr 202182519,96660.362.76$104,872
Mar 20211,01621,85561.302.72$121,660
Feb 202160712,71857.805.55$105,643
Jan 202169618,53550.412.81$87,174
Dec 202085019,25544.642.68$89,460
Nov 20201,01323,34038.772.71$102,445
Oct 202094318,78936.972.48$81,430
Sep 202097515,02537.091.99$66,078
Aug 202083916,47039.982.39$72,826
Jul 202084515,92238.371.83$61,482
Jun 202099627,06934.901.69$80,515
May 202081714,40616.921.81$39,967
Apr 20201,02920,37114.751.80$51,935
Mar 20201,36523,20830.341.86$84,493
Feb 20201,33316,65749.881.98$99,482
Jan 20201,23117,85657.252.09$107,878
Dec 20191,37622,25259.012.30$132,474
Nov 20191,45024,39355.302.75$147,283
Oct 20191,63122,68553.472.42$142,074
Sep 20191,52120,99655.052.66$139,523
Aug 20191,17812,50653.112.30$91,382
Jul 20191,94311,86956.272.46$138,531
Jun 20191,74918,56352.782.49$138,556
May 20192,00027258.482.74$117,705
Apr 20191,78219,29662.632.75$164,684
Mar 20192,23724,79356.803.06$202,980
Feb 20191,91418,06050.852.79$147,754
Jan 20192,38814,57046.033.23$156,954
Dec 20182,40319,47146.594.19$193,450
Nov 20182,49623,79352.934.24$232,930
Oct 20182,77122,40361.443.40$246,377
Sep 20182,69218,87659.543.11$218,948
Aug 20182,84017,38659.403.07$222,011
Jul 20182,75516,73165.142.93$228,514
Jun 20183,13420,55960.183.08$251,863
May 20183,31026,21365.382.90$292,446
Apr 20183,38021,90963.842.90$279,333
Mar 20183,92028,46561.222.79$319,310
Feb 20184,02719,26561.782.77$302,077
Jan 20184,40624,80462.874.01$376,452
Dec 20175,77232,11157.272.92$424,375
Nov 20176,66027,04155.423.12$453,421
Oct 20176,62729,01449.292.98$413,213
Sep 20177,41645,54947.523.09$493,031
Aug 20178,65138,13545.373.00$507,069
Jul 201711,81335,04443.873.09$626,427
Jun 20175,5457,60642.493.09$259,089
May 2017458145.373.26$2,078
Apr 2017091147.933.21$2,926
Mar 20171,6933,27946.772.98$88,965
Feb 20170050.452.95$0
Jan 201714,46617,76149.413.42$775,486
Dec 201620,48218,96648.763.72$1,069,310
Nov 20167,2797,85242.492.64$330,048

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                  289 bbl  × $106.41 =    $30,752
Casinghead gas    16,385 Mcf  × $  3.05 =    $49,906

────────────────────────────────────────────────────
Month total                                  $80,659

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/19537 is the state's own key, not one this site invented.