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SHERROD 16-0951

Operated by XTO ENERGY INC. (P-5 945936) 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 20033District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$19.1 M
May 2018 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
97
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
OilDisposition240,535 bbl$14,794,357
Casinghead gasProduction1,277,722 Mcf$4,312,283
Total$19,106,640

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 31.5601, -101.7623. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56012, -101.76233 · 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
9,767 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 9,767 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-383401510951BH9,767 ftMar 2019——

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 (97)

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

97 months

May 20261,28021,820106.413.05$202,665
Apr 20261,08818,32798.932.87$160,229
Mar 20261,38619,20589.753.15$184,879
Feb 20261,47716,15563.503.75$154,376
Jan 20261,49215,40459.138.00$211,422
Dec 20252,20614,94756.664.41$190,958
Nov 20251,1188,49958.593.93$98,874
Oct 20251,00111,19359.383.30$96,430
Sep 202576411,99962.743.08$84,853
Aug 20251,31218,88363.933.01$140,804
Jul 202585511,90066.743.32$96,514
Jun 202595317,59966.483.13$118,418
May 20251,13819,32260.553.23$131,361
Apr 20251,39310,86862.363.54$125,374
Mar 20251,45811,00067.704.27$145,658
Feb 20255583,00770.884.34$52,604
Jan 20251,56213,86074.324.28$175,390
Dec 20241,0238,57168.993.12$97,330
Nov 20241,4898,18569.052.20$120,810
Oct 20241,4408,28471.372.28$121,672
Sep 20241,1249,66569.612.36$101,093
Aug 20241,30010,25775.632.06$119,486
Jul 202433910,37579.932.15$49,367
Jun 20241,30210,17278.082.63$128,453
May 20241,34410,20178.812.20$128,347
Apr 20241,39310,45584.451.66$134,986
Mar 20241,42611,05580.301.55$131,589
Feb 20241,37810,23676.091.78$123,109
Jan 20241,3349,76173.023.30$129,597
Dec 20231,49513,13471.262.61$140,823
Nov 20231,47911,30677.892.81$146,942
Oct 20231,49111,95285.443.09$164,290
Sep 20231,51011,23189.042.74$165,168
Aug 20231,54712,55380.522.67$158,117
Jul 20231,61612,67074.852.64$154,429
Jun 20231,53013,04868.962.26$134,977
May 20231,63212,97770.622.23$144,157
Apr 20232,53813,29978.122.24$228,029
Mar 20233,40012,24472.852.39$276,992
Feb 20233,03110,69375.112.47$254,024
Jan 20232,14211,14476.533.39$201,680
Dec 20222,75214,29376.415.73$292,166
Nov 20221,1246,77885.005.65$133,810
Oct 20221,3549,73787.185.86$175,137
Sep 20221,64814,04184.888.16$254,508
Aug 20221,76514,53694.529.13$299,500
Jul 20221,91315,701101.587.54$312,741
Jun 20221,49310,642115.097.98$256,723
May 20221,43812,985109.378.43$266,777
Apr 20221,89015,656104.226.84$304,025
Mar 20222,04817,923108.885.08$313,971
Feb 20221,82116,04091.054.86$243,738
Jan 20222,13418,79481.844.54$259,928
Dec 20213,20321,66271.323.90$312,901
Nov 20212,64320,24477.435.24$310,662
Oct 20212,3549,69679.795.71$243,227
Sep 202115069.865.35$1,048
Aug 20211,2679,81966.024.22$125,089
Jul 20212,91518,01170.783.98$278,045
Jun 20211,9338,17569.493.38$161,961
May 20212,22112,93563.483.02$180,023
Apr 20212,5749,37060.362.76$181,213
Mar 20212,9118,66961.302.72$201,997
Feb 20212,02810,81957.805.55$177,242
Jan 20213,68522,15250.412.81$248,014
Dec 20203,49717,21844.642.68$202,172
Nov 20203,14326,14738.772.71$192,623
Oct 20202,82714,05536.972.48$139,349
Sep 20202,47120,23837.091.99$131,944
Aug 20203,52122,97239.982.39$195,560
Jul 20204,13323,23738.371.83$200,994
Jun 20202,7879,32434.901.69$113,027
May 20206,2836,01916.921.81$117,231
Apr 20204,81926,16614.751.80$118,294
Mar 20204,92626,61830.341.86$198,864
Feb 20204,65028,71549.881.98$288,817
Jan 20206,04833,24257.252.09$415,881
Dec 20197,18928,27459.012.30$489,376
Nov 20197,42913,53055.302.75$448,041
Oct 20196312,92253.472.42$40,807
Sep 20196,90728,57755.052.66$456,167
Aug 20192,3786,16753.112.30$140,507
Jul 20199,70224,62756.272.46$606,515
Jun 20198,97318,47152.782.49$519,610
May 201910,40618,01758.482.74$657,915
Apr 201923,73824,06162.632.75$1,552,896
Mar 20195,60432,99156.803.06$419,329
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0

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                1,280 bbl  × $106.41 =   $136,205
Casinghead gas    21,820 Mcf  × $  3.05 =    $66,460

────────────────────────────────────────────────────
Month total                                 $202,665

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/20033 is the state's own key, not one this site invented.