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MARCO 1602A

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 19550District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$18.7 M
Nov 2016 – May 2026
Value, last 12 filed months
$350 k
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
OilDisposition265,094 bbl$14,607,310
Casinghead gasProduction1,219,574 Mcf$4,112,068
Total$18,719,378

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 31.5758, -101.6585. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57576, -101.65850 · 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
8,331 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 8,331 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-383395711H8,331 ftNov 2016——

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 202600106.413.05$0
Apr 2026292498.932.87$2,938
Mar 2026168089.753.15$15,078
Feb 20261672,47363.503.75$19,879
Jan 20264361,30959.138.00$36,250
Dec 20254591,55756.664.41$32,879
Nov 20254332,12058.593.93$33,694
Oct 20253942,83459.383.30$32,762
Sep 20253893,36362.743.08$34,754
Aug 20254284,76663.933.01$41,730
Jul 20255874,16966.743.32$52,997
Jun 20255533,29666.483.13$47,076
May 202526280560.553.23$18,466
Apr 202561,42362.363.54$5,416
Mar 20259829867.704.27$7,907
Feb 20252555,29170.884.34$41,042
Jan 20254084,19074.324.28$48,250
Dec 2024414068.993.12$28,562
Nov 20244143,46069.052.20$36,193
Oct 20242011,26071.372.28$17,220
Sep 20246007,70469.612.36$59,981
Aug 20243764,45175.632.06$37,622
Jul 20244934,00779.932.15$48,007
Jun 20243363,76778.082.63$36,157
May 20245384,47578.812.20$52,238
Apr 20243996,48284.451.66$44,450
Mar 202428511,88080.301.55$41,242
Feb 20242545,35876.091.78$28,884
Jan 20243816,47473.023.30$49,170
Dec 20238875,38171.262.61$77,256
Nov 20234883,38377.892.81$47,508
Oct 20234522,23885.443.09$45,528
Sep 2023723,77289.042.74$16,727
Aug 20231011,93380.522.67$13,299
Jul 2023821,01174.852.64$8,809
Jun 2023633,04868.962.26$11,228
May 20231391,79870.622.23$13,821
Apr 20231563,01678.122.24$18,936
Mar 2023656,25872.852.39$19,712
Feb 20232188,64975.112.47$37,700
Jan 2023696,03576.533.39$25,725
Dec 20221451,16176.415.73$17,731
Nov 2022176085.005.65$14,960
Oct 2022402,54687.185.86$18,416
Sep 20221712,54084.888.16$35,250
Aug 20229638,73194.529.13$170,712
Jul 20227648,480101.587.54$141,564
Jun 202245514,518115.097.98$168,179
May 20221,05319,216109.378.43$277,216
Apr 20221,06517,235104.226.84$228,840
Mar 20221,20812,968108.885.08$197,358
Feb 20227186,10791.054.86$95,047
Jan 20225678,69581.844.54$85,858
Dec 20212705,50371.323.90$40,713
Nov 2021737,40877.435.24$44,447
Oct 20213745,69979.795.71$62,405
Sep 20211,00613,53569.865.35$142,704
Aug 20211,25011,42566.024.22$130,745
Jul 20211,51010,78070.783.98$149,805
Jun 20211,0966,49469.493.38$98,115
May 20211,0456,78463.483.02$86,808
Apr 20217049,82560.362.76$69,595
Mar 20217769,20861.302.72$72,586
Feb 20211,13810,51657.805.55$124,119
Jan 20211,3548,57850.412.81$92,362
Dec 20201,2059,39944.642.68$78,938
Nov 20201,43310,29438.772.71$83,419
Oct 20208997,72336.972.48$52,377
Sep 20209313,52537.091.99$41,549
Aug 20201,61310,69039.982.39$89,984
Jul 20206174,08038.371.83$31,121
Jun 20201892,15734.901.69$10,242
May 2020193,02616.921.81$5,813
Apr 20208508,30814.751.80$27,528
Mar 20201,13211,78830.341.86$56,226
Feb 20201,82417,94949.881.98$126,532
Jan 20202,06010,88757.252.09$140,740
Dec 20192,22711,05159.012.30$156,881
Nov 20192,52518,18155.302.75$189,643
Oct 20192,40017,68953.472.42$171,110
Sep 20192,24117,51255.052.66$169,901
Aug 20192,18016,95253.112.30$154,843
Jul 20192,61821,67756.272.46$200,642
Jun 20192,70716,50852.782.49$184,000
May 20193,80430658.482.74$223,296
Apr 20193,60723,35062.632.75$290,135
Mar 20193,90222,27556.803.06$289,842
Feb 20193,51018,65150.852.79$230,561
Jan 20194,45124,02346.033.23$282,430
Dec 20184,84829,33046.594.19$348,627
Nov 20184,96325,77852.934.24$371,919
Oct 20185,74627,86061.443.40$447,705
Sep 20186,20526,66459.543.11$452,317
Aug 20185,49725,60759.403.07$405,047
Jul 20185,92024,37465.142.93$457,090
Jun 20187,01229,44460.183.08$512,579
May 20187,60834,97365.382.90$598,861
Apr 20187,74130,13863.842.90$581,610
Mar 20187,38131,52661.222.79$539,723
Feb 20184,32928,43061.782.77$346,086
Jan 20184,81825,50762.874.01$405,173
Dec 20176,85533,95457.272.92$491,783
Nov 20175,92326,33155.423.12$410,362
Oct 20178,15523,98749.292.98$473,529
Sep 20178,91633,24347.523.09$526,319
Aug 20179,49826,10845.373.00$509,363
Jul 20178,93313,78743.873.09$434,455
Jun 20177,1939,01742.493.09$333,469
May 20175,6843,47045.373.26$269,207
Apr 20172,2563,41947.933.21$119,111
Mar 20172,6901,99246.772.98$131,755
Feb 201743063050.452.95$23,554
Jan 201718,78223,06749.413.42$1,006,880
Dec 201617,44413,79948.763.72$901,941
Nov 201610,8477,42842.492.64$480,531

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.

Apr 2026 — as filed, then multipliedworked
Oil                   29 bbl  × $ 98.93 =     $2,869
Casinghead gas        24 Mcf  × $  2.87 =        $69

────────────────────────────────────────────────────
Month total                                   $2,938

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/19550 is the state's own key, not one this site invented.