MineralRecord
Log inSign up

SHERROD 16-0913

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 20080District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$21.4 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
98
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
OilDisposition258,398 bbl$15,734,881
Casinghead gasProduction1,529,824 Mcf$5,680,287
Total$21,415,168

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 31.5606, -101.7602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56061, -101.76017 · 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
8,623 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 8,623 ft.

Completions filed
Apr 2019
1 of 1 wells

1 well

42-383401540913AH8,623 ftApr 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 (98)

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

98 months

May 20261,07224,926106.413.05$189,992
Apr 20261,07621,09198.932.87$166,974
Mar 20261,26324,38389.753.15$190,147
Feb 20261,39818,85863.503.75$159,497
Jan 20261,23319,82659.138.00$231,474
Dec 202557515,88656.664.41$102,690
Nov 202551614,56258.593.93$87,409
Oct 202562811,45759.383.30$75,154
Sep 202594317,66462.743.08$113,515
Aug 20251,16719,72963.933.01$134,085
Jul 20251,21117,65466.743.32$139,349
Jun 202582717,51066.483.13$109,763
May 20251,14820,25560.553.23$134,982
Apr 20251,0778,31862.363.54$96,633
Mar 20251,83616,15267.704.27$193,239
Feb 20259144,77270.884.34$85,499
Jan 20252,00311,92274.324.28$199,873
Dec 20241,26610,76568.993.12$120,943
Nov 202470111,46469.052.20$73,607
Oct 20241,25210,89271.372.28$114,204
Sep 20241,43512,38369.612.36$129,168
Aug 20241,45112,02475.632.06$134,552
Jul 20241,67511,24679.932.15$158,023
Jun 20241,58211,80278.082.63$154,609
May 20241,45210,71378.812.20$137,984
Apr 20241,63410,82184.451.66$155,946
Mar 20241,45111,55480.301.55$134,368
Feb 20241,52210,67976.091.78$134,856
Jan 20241,64112,03273.023.30$159,503
Dec 20231,64312,86271.262.61$150,659
Nov 20231,76311,20477.892.81$168,776
Oct 20231,60914,03185.443.09$180,791
Sep 20231,0499,43289.042.74$119,200
Aug 20231,46412,33180.522.67$150,841
Jul 20231,61711,90674.852.64$152,486
Jun 20231,38211,99668.962.26$122,395
May 20231,69211,51570.622.23$145,138
Apr 20231,73311,78978.122.24$161,763
Mar 20231,81811,09472.852.39$158,991
Feb 20231,4647,12875.112.47$127,536
Jan 20232,41311,68376.533.39$224,246
Dec 20222,98012,84476.415.73$301,286
Nov 20222,4359,56585.005.65$260,981
Oct 20222,32320,34787.185.86$321,829
Sep 20221,60424,74684.888.16$338,166
Aug 20221,86022,91394.529.13$384,938
Jul 20221,74520,940101.587.54$335,188
Jun 20221,42423,021115.097.98$347,531
May 20221,38722,727109.378.43$343,354
Apr 20222,11232,686104.226.84$443,606
Mar 20222,22530,504108.885.08$397,109
Feb 20222,07523,18191.054.86$301,562
Jan 20222,01122,56881.844.54$266,987
Dec 20213,39729,70971.323.90$358,113
Nov 20212,39628,91377.435.24$336,935
Oct 20212,39627,66979.795.71$349,274
Sep 20212,60132,27569.865.35$354,407
Aug 20212,68625,17666.024.22$283,587
Jul 20213,39825,08270.783.98$340,389
Jun 20213,03718,43769.493.38$273,370
May 20212,29216,78063.483.02$196,133
Apr 20213,15831,63460.362.76$277,877
Mar 20213,54926,78861.302.72$290,335
Feb 20212,79019,32757.805.55$268,487
Jan 20214,13525,03550.412.81$278,800
Dec 20203,25817,72444.642.68$192,857
Nov 20203,81527,76738.772.71$223,061
Oct 20203,60814,10936.972.48$168,356
Sep 20203,14125,66237.091.99$167,594
Aug 20204,60325,04839.982.39$243,770
Jul 20206,59325,06838.371.83$298,726
Jun 20207,69716,23134.901.69$296,061
May 202088016.921.81$1,489
Apr 20205,35526,49514.751.80$126,793
Mar 20206,54731,49730.341.86$257,102
Feb 20206,16829,86949.881.98$366,820
Jan 20207,77828,72657.252.09$505,464
Dec 20197,42217,37359.012.30$478,006
Nov 201910,22819,32955.302.75$618,777
Oct 20199,76725,11253.472.42$582,976
Sep 201910,67519,30855.052.66$638,966
Aug 20198,36410,94453.112.30$469,431
Jul 201911,74711,26956.272.46$688,726
Jun 20199,1277,17652.782.49$499,600
May 201911,5069,69558.482.74$699,438
Apr 20195,29910,24462.632.75$360,055
Mar 20190056.803.06$0
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
Apr 20180063.842.90$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                1,072 bbl  × $106.41 =   $114,072
Casinghead gas    24,926 Mcf  × $  3.05 =    $75,921

────────────────────────────────────────────────────
Month total                                 $189,992

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/20080 is the state's own key, not one this site invented.