LATZEL 3946 B

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 20002District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$38.6 M
Jun 2018 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
96
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
OilDisposition501,455 bbl$30,055,806
Casinghead gasProduction2,441,012 Mcf$8,586,548
Total$38,642,354

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 31.5342, -101.9378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.53420, -101.93779 · 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
9,410 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 9,410 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-461407452HM9,410 ftJun 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 (96)

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

96 months

May 20261,23430,096106.413.05$222,978
Apr 20261,22029,78698.932.87$206,172
Mar 20261,32632,43589.753.15$221,161
Feb 20261,24028,74963.503.75$186,558
Jan 20261,28127,85159.138.00$298,496
Dec 20251,40831,62356.664.41$219,341
Nov 20251,40228,98758.593.93$195,959
Oct 20251,46827,96859.383.30$179,600
Sep 20251,61225,40562.743.08$179,306
Aug 20251,29617,54863.933.01$135,756
Jul 20251,54721,66466.743.32$175,067
Jun 20251,62016,78866.483.13$160,223
May 20251,93017,04360.553.23$171,950
Apr 20251,1207,70062.363.54$97,125
Mar 202510467.704.27$694
Feb 20251,09913,98070.884.34$138,582
Jan 20251,49019,96674.324.28$196,165
Dec 20241,53820,13768.993.12$168,962
Nov 20241,55120,57569.052.20$152,329
Oct 20241,74619,81271.372.28$169,811
Sep 20241,59817,76869.612.36$153,247
Aug 20241,48818,41675.632.06$150,541
Jul 20241,75422,33579.932.15$188,141
Jun 20241,74920,67978.082.63$191,030
May 20241,90620,76978.812.20$195,871
Apr 20241,83518,83384.451.66$186,213
Mar 20241,80417,23680.301.55$171,493
Feb 20241,78017,36976.091.78$166,420
Jan 20242,01319,36173.023.30$210,835
Dec 20232,14720,43371.262.61$206,340
Nov 20232,23620,53677.892.81$231,818
Oct 20232,32119,88985.443.09$259,709
Sep 20232,04716,96189.042.74$228,654
Aug 20232,53017,48280.522.67$250,443
Jul 20231,88212,04174.852.64$172,678
Jun 20231,20214,27568.962.26$115,130
May 20232,32725,14470.622.23$220,338
Apr 20232,19423,72678.122.24$224,488
Mar 20232,43323,83572.852.39$234,285
Feb 20231,92419,76775.112.47$193,251
Jan 20232,62624,71576.533.39$284,695
Dec 20222,09120,74976.415.73$278,646
Nov 20222,50323,67885.005.65$346,446
Oct 20222,55824,45887.185.86$366,422
Sep 20222,52024,96284.888.16$417,679
Aug 20222,64927,57194.529.13$502,028
Jul 20222,72525,508101.587.54$469,189
Jun 20222,78027,026115.097.98$535,542
May 20223,07729,361109.378.43$584,134
Apr 20222,97027,870104.226.84$500,097
Mar 20223,14728,421108.885.08$486,922
Feb 20222,93726,64591.054.86$396,878
Jan 20223,43932,65781.844.54$429,635
Dec 20213,40333,21071.323.90$372,192
Nov 20213,35735,43077.435.24$445,474
Oct 20213,54233,88779.795.71$476,242
Sep 20213,65834,07469.865.35$437,875
Aug 20213,73638,57166.024.22$409,443
Jul 20213,87841,76670.783.98$440,800
Jun 20214,19842,83469.493.38$436,525
May 20214,68447,28463.483.02$440,028
Apr 20215,59334,43560.362.76$432,580
Mar 20211,2612,24761.302.72$83,404
Feb 20211,6839,22157.805.55$148,435
Jan 20214,42129,28850.412.81$305,170
Dec 20204,26431,75044.642.68$275,291
Nov 20204,21727,27538.772.71$237,315
Oct 20205,17225,39736.972.48$254,154
Sep 20204,90819,73037.091.99$221,321
Aug 20205,33920,36639.982.39$262,028
Jul 20205,76622,46738.371.83$262,246
Jun 20205,85627,21334.901.69$250,373
May 20206,11931,21816.921.81$160,186
Apr 20205,69227,62314.751.80$133,799
Mar 20206,61629,46530.341.86$255,423
Feb 20206,82832,44549.881.98$404,843
Jan 20207,61834,36357.252.09$508,112
Dec 20197,87729,99459.012.30$533,939
Nov 20198,04934,22255.302.75$539,244
Oct 20198,55330,68553.472.42$531,542
Sep 20199,09534,93355.052.66$593,507
Aug 20199,98534,59353.112.30$610,018
Jul 201910,33432,66256.272.46$661,845
Jun 201910,94030,23152.782.49$652,725
May 201910,90230,65758.482.74$721,559
Apr 201911,47130,55162.632.75$802,465
Mar 201914,02630,23556.803.06$889,259
Feb 201913,59825,83850.852.79$763,604
Jan 201916,88928,98746.033.23$870,976
Dec 201818,20826,19546.594.19$957,948
Nov 201819,08424,46952.934.24$1,113,797
Oct 201822,36327,65661.443.40$1,467,960
Sep 201824,07828,74959.543.11$1,522,956
Aug 201830,19835,42459.403.07$1,902,391
Jul 201838,03341,36265.142.93$2,598,738
Jun 20183,6333,41760.183.08$229,148

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                1,234 bbl  × $106.41 =   $131,310
Casinghead gas    30,096 Mcf  × $  3.05 =    $91,668

────────────────────────────────────────────────────
Month total                                 $222,978

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/20002 is the state's own key, not one this site invented.