POLO 1603B

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 19546District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$14.9 M
Mar 2017 – May 2026
Value, last 12 filed months
$462 k
at the published price for each month
Months reported
111
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
OilDisposition189,435 bbl$10,157,884
Casinghead gasProduction1,399,570 Mcf$4,717,975
Total$14,875,859

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 31.5771, -101.6537. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57715, -101.65369 · 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
8,676 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 8,676 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-383395773H8,676 ftMar 2017

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 (111)

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

111 months

May 2026877,920106.413.05$33,381
Apr 2026757,75998.932.87$29,686
Mar 202618523,95089.753.15$92,033
Feb 2026644,73063.503.75$21,803
Jan 2026997,24759.138.00$63,815
Dec 20251118,65356.664.41$44,478
Nov 2025847,48058.593.93$34,291
Oct 2025673,96159.383.30$17,069
Sep 2025492,85862.743.08$11,868
Aug 20258112,04463.933.01$41,488
Jul 2025947,55266.743.32$31,310
Jun 20259810,91866.483.13$40,674
May 20259212,26960.553.23$45,228
Apr 20259411,33362.363.54$46,016
Mar 202517812,30267.704.27$64,559
Feb 20259412,46570.884.34$60,771
Jan 2025946,12474.324.28$33,189
Dec 202410310,00768.993.12$38,342
Nov 20241096,55869.052.20$21,944
Oct 202410410,26871.372.28$30,848
Sep 20241028,83169.612.36$27,980
Aug 2024555,34875.632.06$15,196
Jul 20241007,18779.932.15$23,421
Jun 2024946,79078.082.63$25,224
May 20241158,62478.812.20$28,023
Apr 20241397,21984.451.66$23,716
Mar 20241738,33180.301.55$26,764
Feb 20241716,88976.091.78$25,299
Jan 20241396,08773.023.30$30,223
Dec 20232256,94771.262.61$34,170
Nov 20231789,52677.892.81$40,609
Oct 20231939,26785.443.09$45,100
Sep 20231851,42489.042.74$20,367
Aug 20232469,36280.522.67$44,831
Jul 202326012,45774.852.64$52,370
Jun 202327910,61468.962.26$43,211
May 202328410,99070.622.23$44,535
Apr 202329912,73978.122.24$51,865
Mar 20233699,20172.852.39$48,901
Feb 20233398,96375.112.47$47,562
Jan 202361511,21776.533.39$85,066
Dec 20227696,73876.415.73$97,362
Nov 20225398,38885.005.65$93,175
Oct 202233712,87687.185.86$104,881
Sep 202233312,97384.888.16$134,172
Aug 202238112,02494.529.13$145,757
Jul 202238911,409101.587.54$125,562
Jun 202243011,393115.097.98$140,373
May 202243911,882109.378.43$148,215
Apr 202245610,834104.226.84$121,603
Mar 202249310,268108.885.08$105,802
Feb 202251511,38991.054.86$102,228
Jan 20224908,62981.844.54$79,257
Dec 202161410,97371.323.90$86,576
Nov 202152810,15577.435.24$94,063
Oct 20216009,69879.795.71$103,287
Sep 202157312,53369.865.35$107,093
Aug 202157612,26466.024.22$89,789
Jul 202161610,84370.783.98$86,778
Jun 202163411,94469.493.38$84,435
May 202171712,31163.483.02$82,666
Apr 202178016,30160.362.76$92,046
Mar 20217788,71161.302.72$71,359
Feb 20215785,58557.805.55$64,394
Jan 20219213,11350.412.81$55,176
Dec 20207286,53344.642.68$49,977
Nov 20208017,64638.772.71$51,749
Oct 20208977,63636.972.48$52,087
Sep 20206797,52737.091.99$40,171
Aug 20207708,59539.982.39$51,285
Jul 20208088,93738.371.83$47,314
Jun 20207857,97034.901.69$40,868
May 20207509,56216.921.81$30,043
Apr 202080910,25214.751.80$30,431
Mar 202086412,36230.341.86$49,160
Feb 202099816,93549.881.98$83,323
Jan 20201,39120,87957.252.09$123,371
Dec 20191,42720,12559.012.30$130,583
Nov 20191,54122,83055.302.75$148,016
Oct 20191,54221,37453.472.42$134,145
Sep 20191,47821,08155.052.66$137,382
Aug 20191,67023,94153.112.30$143,862
Jul 20191,61922,50556.272.46$146,465
Jun 20191,66713,86452.782.49$122,522
May 20192,12223958.482.74$124,750
Apr 20192,18717,20262.632.75$184,289
Mar 20192,62820,90856.803.06$213,293
Feb 20192,27417,00150.852.79$163,103
Jan 20192,79717,20146.033.23$184,274
Dec 20183,06224,37146.594.19$244,662
Nov 20182,88619,40052.934.24$234,958
Oct 20183,10519,43661.443.40$256,816
Sep 20183,34915,40659.543.11$247,281
Aug 20183,31211,82859.403.07$233,004
Jul 20183,3208,62665.142.93$241,555
Jun 20182,84511,02860.183.08$205,144
May 20183,48425,43465.382.90$301,563
Apr 20183,92221,27563.842.90$312,095
Mar 20183,69718,08061.222.79$276,716
Feb 20183,95120,99761.782.77$302,173
Jan 20184,75723,48662.874.01$393,235
Dec 20175,30818,67857.272.92$358,557
Nov 20175,47523,25855.423.12$375,951
Oct 20176,23434,51249.292.98$410,247
Sep 20176,83712,19747.523.09$362,550
Aug 20177,36830,37945.373.00$425,557
Jul 20179,16326,58543.873.09$484,056
Jun 201710,90919,00642.493.09$522,200
May 201716,45422,33745.373.26$819,413
Apr 201723,24330,83347.933.21$1,213,060
Mar 20173,5141,66846.772.98$169,327

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                   87 bbl  × $106.41 =     $9,258
Casinghead gas     7,920 Mcf  × $  3.05 =    $24,123

────────────────────────────────────────────────────
Month total                                  $33,381

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/19546 is the state's own key, not one this site invented.