SHERROD 16-0912

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 20104District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$18.6 M
Jun 2018 – May 2026
Value, last 12 filed months
$2.1 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
OilDisposition243,188 bbl$14,962,482
Casinghead gasProduction954,195 Mcf$3,639,275
Total$18,601,758

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, -101.7622. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56014, -101.76224 · 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
8,632 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 8,632 ft.

Completions filed
Apr 2019
1 of 1 wells

1 well

42-383401520912AH8,632 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 (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 20261,25520,282106.413.05$195,320
Apr 20261,26818,49598.932.87$178,519
Mar 20261,56522,66789.753.15$211,847
Feb 20261,69719,90363.503.75$182,402
Jan 20261,86220,04059.138.00$270,378
Dec 20252,83919,52256.664.41$247,015
Nov 20251,3839,94758.593.93$120,086
Oct 20251,29914,56359.383.30$125,263
Sep 20251,24718,24462.743.08$134,372
Aug 20251,55522,55163.933.01$167,397
Jul 20251,75619,31166.743.32$181,215
Jun 20251,14817,58566.483.13$131,338
May 20251,59119,17060.553.23$158,299
Apr 20251,8113,93362.363.54$126,869
Mar 20252,1953,56767.704.27$163,827
Feb 20259542,63470.884.34$79,053
Jan 20252,9318,68774.324.28$255,001
Dec 20241,8877,55268.993.12$153,757
Nov 20242,2748,41269.052.20$175,513
Oct 20241,8026,89971.372.28$144,348
Sep 20241,2386,22369.612.36$100,891
Aug 20241,3987,04475.632.06$120,267
Jul 20241,4346,61679.932.15$128,821
Jun 20241,1756,02678.082.63$107,616
May 20241,1505,59078.812.20$102,921
Apr 20241,2745,83184.451.66$117,264
Mar 20241,3895,82480.301.55$120,536
Feb 20241,3615,57076.091.78$113,493
Jan 20241,1044,86573.023.30$96,657
Dec 20231,4766,45271.262.61$122,024
Nov 20231,4745,29677.892.81$129,679
Oct 20231,5354,61185.443.09$145,386
Sep 20239933,09889.042.74$96,890
Aug 20231,3904,62780.522.67$124,290
Jul 20231,4024,43974.852.64$116,667
Jun 20231,2833,76168.962.26$96,970
May 20231,3453,34070.622.23$102,423
Apr 20231,4742,27878.122.24$120,247
Mar 20231,6871,90172.852.39$127,447
Feb 20231,3871,90975.112.47$108,885
Jan 202354358176.533.39$43,524
Dec 20221,6442576.415.73$125,761
Nov 20221,0146,16285.005.65$120,982
Oct 20221,2047,24287.185.86$147,430
Sep 20221,86414,37684.888.16$275,577
Aug 20221,93615,52794.529.13$324,708
Jul 20222,06716,031101.587.54$330,873
Jun 20221,83612,624115.097.98$312,009
May 20221,68614,702109.378.43$308,380
Apr 20222,20916,436104.226.84$342,605
Mar 20222,44119,667108.885.08$365,614
Feb 20222,19517,50991.054.86$284,928
Jan 20222,47033,06081.844.54$352,161
Dec 20213,67518,10271.323.90$332,683
Nov 20212,59417,59377.435.24$292,985
Oct 20213,05220,06879.795.71$358,185
Sep 20212,82918,68569.865.35$297,616
Aug 20213,32517,45466.024.22$293,183
Jul 20214,11414,86170.783.98$350,367
Jun 20212,9275,82969.493.38$223,103
May 20211,2455,45563.483.02$95,494
Apr 20213,27618,85060.362.76$249,736
Mar 20213,89219,72761.302.72$292,177
Feb 20212,98110,54657.805.55$230,810
Jan 20214,25015,34550.412.81$257,366
Dec 20202,8307,39144.642.68$146,106
Nov 20204,105038.772.71$159,151
Oct 20203,3196,05636.972.48$137,713
Sep 20202,4189,58837.091.99$108,774
Aug 20205,31020,70139.982.39$261,668
Jul 20205,98812,92838.371.83$253,355
Jun 20205,0697,32534.901.69$189,290
May 20202005816.921.81$3,489
Apr 20206,01417,74014.751.80$120,716
Mar 20206,29616,73030.341.86$222,075
Feb 20206,13617,17049.881.98$340,072
Jan 20207,07716,58757.252.09$439,904
Dec 20196,7608,55959.012.30$418,631
Nov 20198,35410,06955.302.75$489,673
Oct 20198,61913,57053.472.42$493,678
Sep 20198,6369,23055.052.66$499,938
Aug 20192,3372,00453.112.30$128,736
Jul 201910,9338,47256.272.46$636,042
Jun 20198,0735,58052.782.49$439,994
May 20198,88618,92358.482.74$571,508
Apr 20193,2719,79262.632.75$231,798
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

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                1,255 bbl  × $106.41 =   $133,545
Casinghead gas    20,282 Mcf  × $  3.05 =    $61,776

────────────────────────────────────────────────────
Month total                                 $195,320

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/20104 is the state's own key, not one this site invented.