LATZEL 3946 E

Operated by APACHE CORPORATION (P-5 27200) 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 19971District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$31.0 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
95
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
OilDisposition392,001 bbl$23,349,171
Casinghead gasProduction2,208,085 Mcf$7,658,602
Total$31,007,774

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 31.5393, -101.9487. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.53927, -101.94870 · 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
9,496 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 9,496 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-461407515HM9,496 ftJul 2018

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 (95)

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

95 months

May 202675128,050106.413.05$165,350
Apr 202676228,81298.932.87$158,067
Mar 202685330,56189.753.15$172,807
Feb 202681126,42763.503.75$150,608
Jan 202673923,42559.138.00$231,048
Dec 202585227,54256.664.41$169,827
Nov 202580424,60358.593.93$143,709
Oct 202598828,89159.383.30$154,148
Sep 202597022,92662.743.08$131,399
Aug 20251,15521,86563.933.01$139,757
Jul 202585415,49466.743.32$108,362
Jun 202592618,33166.483.13$118,913
May 202592216,75360.553.23$109,978
Apr 202554410,51062.363.54$71,162
Mar 20256467.704.27$423
Feb 202564611,83070.884.34$97,141
Jan 202595116,53074.324.28$141,405
Dec 20241,02217,51268.993.12$125,169
Nov 202490116,83969.052.20$99,234
Oct 202495917,73171.372.28$108,895
Sep 202498417,43669.612.36$109,721
Aug 202484519,54975.632.06$104,249
Jul 202498119,60679.932.15$120,497
Jun 202499219,12778.082.63$127,836
May 20241,08319,63578.812.20$128,518
Apr 20241,07417,87684.451.66$120,359
Mar 20241,13718,64580.301.55$120,110
Feb 20241,12117,05476.091.78$115,715
Jan 20241,22518,20673.023.30$149,487
Dec 20231,28818,76671.262.61$140,776
Nov 20231,36818,40677.892.81$158,229
Oct 20231,36717,24685.443.09$170,040
Sep 20231,15715,31189.042.74$144,895
Aug 20231,44116,34880.522.67$159,726
Jul 20231,41616,65174.852.64$149,976
Jun 202392313,83068.962.26$94,885
May 20231,59118,97170.622.23$154,612
Apr 20231,48318,99178.122.24$158,349
Mar 20231,65118,90572.852.39$165,518
Feb 20231,32616,01675.112.47$139,086
Jan 20231,87120,08176.533.39$211,216
Dec 20221,70717,89576.415.73$232,954
Nov 20221,70620,25685.005.65$259,379
Oct 20221,79222,61887.185.86$288,853
Sep 20221,78621,68284.888.16$328,601
Aug 20221,94124,36294.529.13$405,819
Jul 20222,28622,362101.587.54$400,868
Jun 20222,51125,774115.097.98$494,595
May 20222,66026,981109.378.43$518,456
Apr 20222,51126,097104.226.84$440,137
Mar 20222,37422,616108.885.08$373,289
Feb 20222,13520,23991.054.86$292,730
Jan 20222,46924,58181.844.54$313,604
Dec 20212,48025,88771.323.90$277,810
Nov 20212,40024,34777.435.24$313,334
Oct 20212,55625,55279.795.71$349,944
Sep 20212,63624,67969.865.35$316,206
Aug 20212,67426,46566.024.22$288,235
Jul 20212,75627,22870.783.98$303,494
Jun 20212,84327,46969.493.38$290,422
May 20212,87527,33863.483.02$265,002
Apr 20212,83127,43560.362.76$246,556
Mar 20213,58328,12561.302.72$296,052
Feb 20212,25916,22857.805.55$220,602
Jan 20213,41227,02650.412.81$247,949
Dec 20203,26427,17444.642.68$218,408
Nov 20203,58828,32538.772.71$215,770
Oct 20204,07728,33736.972.48$220,958
Sep 20204,22328,63937.091.99$213,652
Aug 20204,51732,78739.982.39$258,790
Jul 20204,98526,75438.371.83$240,104
Jun 20202,4428,26234.901.69$99,191
May 20204,68825,40216.921.81$125,419
Apr 20205,04526,76814.751.80$122,713
Mar 20205,34728,13530.341.86$214,453
Feb 20205,39225,29249.881.98$319,048
Jan 20205,52426,56957.252.09$371,904
Dec 20195,69327,86859.012.30$400,162
Nov 20195,89028,50555.302.75$404,126
Oct 20196,48031,26553.472.42$422,101
Sep 20196,82432,16755.052.66$461,138
Aug 20197,48630,52553.112.30$467,922
Jul 20198,24434,27456.272.46$548,206
Jun 20198,23232,88552.782.49$516,408
May 20199,20329,91858.482.74$620,176
Apr 20199,86229,36762.632.75$698,437
Mar 201910,67428,53156.803.06$693,648
Feb 201910,32325,01550.852.79$594,772
Jan 201913,04727,46546.033.23$689,215
Dec 201814,27724,05846.594.19$765,859
Nov 201816,24325,25652.934.24$966,758
Oct 201819,33925,41961.443.40$1,274,564
Sep 201821,49925,34959.543.11$1,358,835
Aug 201829,24734,33059.403.07$1,842,547
Jul 201834,42338,91065.142.93$2,356,394

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                  751 bbl  × $106.41 =    $79,914
Casinghead gas    28,050 Mcf  × $  3.05 =    $85,436

────────────────────────────────────────────────────
Month total                                 $165,350

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/19971 is the state's own key, not one this site invented.