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LATZEL 3946 F

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 19999District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$30.3 M
Jul 2018 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
95
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
OilDisposition376,744 bbl$22,220,349
Casinghead gasProduction2,362,552 Mcf$8,054,416
Total$30,274,765

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 31.5387, -101.9516. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.53873, -101.95164 · 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
9,489 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 9,489 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-461407526HM9,489 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 202686329,163106.413.05$180,658
Apr 20261,05025,54698.932.87$177,186
Mar 20261,08026,81489.753.15$181,379
Feb 202697723,09263.503.75$148,642
Jan 20261,03827,37459.138.00$280,312
Dec 20251,01328,61156.664.41$183,667
Nov 202592031,21258.593.93$176,455
Oct 202585233,37459.383.30$160,887
Sep 202591430,85962.743.08$152,295
Aug 202567623,99463.933.01$115,553
Jul 202571620,48366.743.32$115,691
Jun 202580920,83766.483.13$118,975
May 202581121,22060.553.23$117,696
Apr 202536913,63762.363.54$71,328
Mar 20255567.704.27$360
Feb 202553015,78670.884.34$106,091
Jan 202577922,42174.324.28$153,828
Dec 202468524,23968.993.12$122,917
Nov 202464724,29969.052.20$98,095
Oct 202480425,85471.372.28$116,365
Sep 202486224,06869.612.36$116,909
Aug 202477424,08075.632.06$108,230
Jul 202495024,58779.932.15$128,712
Jun 202497521,85078.082.63$133,680
May 20241,05020,84678.812.20$128,579
Apr 202499720,73784.451.66$118,603
Mar 20241,02320,76180.301.55$114,225
Feb 20241,03220,74676.091.78$115,528
Jan 20241,17622,66073.023.30$160,597
Dec 20231,28222,74271.262.61$150,728
Nov 20231,27220,53177.892.81$156,718
Oct 20231,31418,41985.443.09$169,133
Sep 202391915,05289.042.74$122,996
Aug 20231,19517,99180.522.67$144,309
Jul 20231,31519,52074.852.64$149,996
Jun 202391616,63368.962.26$100,733
May 20231,31519,78170.622.23$136,926
Apr 20231,27819,07878.122.24$142,529
Mar 20231,50722,60472.852.39$163,880
Feb 20231,17518,16175.112.47$133,033
Jan 20231,62124,37976.533.39$206,644
Dec 20221,26019,78876.415.73$209,644
Nov 20221,48722,38285.005.65$252,768
Oct 20221,57426,34287.185.86$291,684
Sep 20221,61327,28884.888.16$359,682
Aug 20221,73928,35494.529.13$423,162
Jul 20221,73722,669101.587.54$347,416
Jun 20221,74724,320115.097.98$395,068
May 20221,99724,869109.378.43$428,133
Apr 20221,89722,120104.226.84$348,953
Mar 20221,99221,725108.885.08$327,174
Feb 20221,87418,77991.054.86$261,872
Jan 20222,16721,71381.844.54$275,874
Dec 20212,09020,58071.323.90$229,303
Nov 20212,10220,21977.435.24$268,642
Oct 20212,08619,88079.795.71$280,034
Sep 20212,19320,32169.865.35$261,939
Aug 20212,35223,24266.024.22$253,374
Jul 20212,20925,22370.783.98$256,793
Jun 20212,39026,16569.493.38$254,535
May 20212,42727,30563.483.02$236,463
Apr 20212,53427,99160.362.76$230,163
Mar 20213,12325,04161.302.72$259,475
Feb 20211,92016,95657.805.55$205,047
Jan 20212,66927,37850.412.81$211,484
Dec 20202,59128,00844.642.68$190,597
Nov 20203,04128,04238.772.71$193,797
Oct 20203,53327,79236.972.48$199,496
Sep 20203,45526,43837.091.99$180,785
Aug 20203,77828,22839.982.39$218,371
Jul 20204,00627,23838.371.83$203,423
Jun 20204,04726,73834.901.69$186,436
May 20204,24229,10616.921.81$124,595
Apr 20204,42828,08614.751.80$115,991
Mar 20204,68630,36130.341.86$198,530
Feb 20204,94831,18649.881.98$308,575
Jan 20205,26531,23757.252.09$366,855
Dec 20195,79431,35859.012.30$414,164
Nov 20195,80531,00755.302.75$406,307
Oct 20196,55035,14153.472.42$435,218
Sep 20196,80532,69755.052.66$461,500
Aug 20197,47534,25653.112.30$475,935
Jul 20198,20537,57256.272.46$554,125
Jun 20199,15437,45152.782.49$576,446
May 20199,70131,48358.482.74$653,588
Apr 201910,81233,05962.632.75$768,091
Mar 201911,82531,49056.803.06$768,086
Feb 201912,10028,80450.852.79$695,712
Jan 201916,18432,65246.033.23$850,356
Dec 201813,61420,05546.594.19$718,215
Nov 201816,71424,59652.934.24$988,891
Oct 201818,01221,77461.443.40$1,180,647
Sep 201821,74325,75859.543.11$1,374,634
Aug 201828,41432,66259.403.07$1,787,952
Jul 201831,15233,58165.142.93$2,127,697

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                  863 bbl  × $106.41 =    $91,832
Casinghead gas    29,163 Mcf  × $  3.05 =    $88,826

────────────────────────────────────────────────────
Month total                                 $180,658

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/19999 is the state's own key, not one this site invented.