SHERROD 16-0914

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 20085District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$22.4 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.2 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
OilDisposition305,509 bbl$18,313,562
Casinghead gasProduction1,207,646 Mcf$4,134,555
Total$22,448,117

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 31.5611, -101.7582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56112, -101.75820 · 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
8,616 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 8,616 ft.

Completions filed
Apr 2019
1 of 1 wells

1 well

42-383402930914AR8,616 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 (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 20261,0447,614106.413.05$134,283
Apr 20261,0664,87298.932.87$119,441
Mar 20261,4449,97189.753.15$161,002
Feb 20261,5346,49463.503.75$121,764
Jan 20261,4163,79959.138.00$114,112
Dec 2025717056.664.41$40,625
Nov 20250058.593.93$0
Oct 20257787,94059.383.30$72,438
Sep 202573611,47462.743.08$81,481
Aug 202595716,85663.933.01$111,998
Jul 202596816,59166.743.32$119,607
Jun 202599913,68266.483.13$109,221
May 20251,02815,06060.553.23$110,924
Apr 20259013,26062.363.54$67,737
Mar 20259193,18667.704.27$75,815
Feb 20255011,74470.884.34$43,081
Jan 20251,6987,10474.324.28$156,591
Dec 20241,2612,98468.993.12$96,311
Nov 20241,1714,85369.052.20$91,527
Oct 20249494,22371.372.28$77,364
Sep 20241,1359,27269.612.36$100,930
Aug 20241,53811,49975.632.06$140,049
Jul 20241,74711,24179.932.15$163,768
Jun 20241,53011,44478.082.63$149,606
May 20241,57312,20278.812.20$150,793
Apr 20241,61412,25684.451.66$156,637
Mar 20241,86312,36980.301.55$168,711
Feb 20242,00512,39976.091.78$174,676
Jan 20241,80312,03773.023.30$171,349
Dec 20231,77314,38871.262.61$163,907
Nov 20231,85911,36977.892.81$176,717
Oct 20231,74311,24785.443.09$183,645
Sep 20231,90311,47489.042.74$200,825
Aug 20231,91212,08580.522.67$186,256
Jul 20231,88010,90874.852.64$169,535
Jun 20232,05010,79168.962.26$165,739
May 20232,1989,98470.622.23$177,461
Apr 20232,14110,05178.122.24$189,747
Mar 20232,4488,93872.852.39$199,727
Feb 20232,1468,84475.112.47$182,993
Jan 20237096,84376.533.39$77,442
Dec 20224,2213,38976.415.73$341,942
Nov 20222,4482,95685.005.65$224,770
Oct 20225044,13087.185.86$68,156
Sep 20222,28220,16184.888.16$358,284
Aug 20222,29716,65294.529.13$369,098
Jul 20222,26417,249101.587.54$360,070
Jun 20222,90415,666115.097.98$459,192
May 20222,29714,160109.378.43$370,635
Apr 20226823,386104.226.84$94,230
Mar 20221,14815,520108.885.08$203,780
Feb 20222,67619,14991.054.86$336,692
Jan 20222,12621,91481.844.54$273,431
Dec 202128125,68271.323.90$120,178
Nov 20213,03724,11377.435.24$361,431
Oct 20213,40625,26379.795.71$416,114
Sep 20213,21725,92469.865.35$363,457
Aug 20213,58323,48666.024.22$335,674
Jul 20214,41122,08870.783.98$400,167
Jun 20212,95913,97269.493.38$252,855
May 20213,01916,32963.483.02$240,922
Apr 20214,22932,33560.362.76$344,456
Mar 20214,74030,72761.302.72$374,045
Feb 20213,56219,06457.805.55$311,650
Jan 20215,89232,28650.412.81$387,748
Dec 20205,10322,36844.642.68$287,643
Nov 20206,18434,92438.772.71$334,278
Oct 20205,87714,63836.972.48$253,552
Sep 2020134037.091.99$4,970
Aug 20205,84526,15839.982.39$296,073
Jul 20208,54324,32738.371.83$372,195
Jun 20206,90013,18034.901.69$263,088
May 2020119016.921.81$2,013
Apr 20207,20429,31714.751.80$159,158
Mar 20207,84528,74130.341.86$291,367
Feb 20207,87431,17949.881.98$454,510
Jan 20209,35628,21257.252.09$594,728
Dec 20198,28614,21159.012.30$521,704
Nov 201911,25221,47755.302.75$681,312
Oct 201910,95718,37753.472.42$630,316
Sep 201913,15420,02355.052.66$777,334
Aug 201914,62616,03653.112.30$813,740
Jul 201915,25313,93456.272.46$892,565
Jun 201913,36611,09052.782.49$733,085
May 201914,75812,14158.482.74$896,318
Apr 20197,0318,36462.632.75$463,358
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

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                1,044 bbl  × $106.41 =   $111,092
Casinghead gas     7,614 Mcf  × $  3.05 =    $23,191

────────────────────────────────────────────────────
Month total                                 $134,283

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/20085 is the state's own key, not one this site invented.