TORPEDO 1048 A

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 20156District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$72.9 M
Nov 2018 – May 2026
Value, last 12 filed months
$4.2 M
at the published price for each month
Months reported
91
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
OilDisposition1,025,284 bbl$62,944,427
Casinghead gasProduction2,663,367 Mcf$9,905,768
Total$72,850,195

Wells on this lease (3)

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 31.3370, -101.8168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.33733, -101.81666 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,520 ft
3 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.
3100.0%

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

Between 8,333 and 9,294 ft, median 8,520 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2019 – Mar 2020
3 of 3 wells

3 wells

42-461411913HA8,333 ftMar 2020
42-461408218HL9,294 ftFeb 2019
42-461408222HU8,520 ftFeb 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 (91)

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

91 months

May 20262,07125,120106.413.05$296,887
Apr 20262,56124,61598.932.87$323,998
Mar 20263,83729,17689.753.15$436,259
Feb 20263,39524,36063.503.75$306,940
Jan 20263,26027,39159.138.00$411,835
Dec 20254,03933,22456.664.41$375,479
Nov 20253,55025,54658.593.93$308,299
Oct 20253,83827,13859.383.30$317,587
Sep 20254,09428,51762.743.08$344,602
Aug 20253,78326,86263.933.01$322,830
Jul 20254,37129,66566.743.32$390,066
Jun 20254,03726,91466.483.13$352,586
May 20253,83726,43460.553.23$317,774
Apr 20254,31328,66262.363.54$370,512
Mar 20254,35827,74067.704.27$413,440
Feb 20254,39625,98870.884.34$424,398
Jan 20254,90322,57374.324.28$460,974
Dec 20245,21423,67668.993.12$433,615
Nov 20245,62823,92069.052.20$441,200
Oct 20247,57829,26471.372.28$607,605
Sep 20246,82922,30669.612.36$528,106
Aug 20244,44420,80875.632.06$379,040
Jul 20245,56921,65379.932.15$491,610
Jun 20245,93717,61378.082.63$509,953
May 20246,52013,11978.812.20$542,683
Apr 20246,43710,81984.451.66$561,556
Mar 20248,7427,88980.301.55$714,172
Feb 20245,7666,84876.091.78$450,949
Jan 20246,6506,56073.023.30$507,216
Dec 20239,4787,29271.262.61$694,440
Nov 20232,3681,61777.892.81$188,983
Oct 20233,78511,46085.443.09$358,771
Sep 20235,94424,44389.042.74$596,106
Aug 20236,47826,11080.522.67$591,397
Jul 20234,94827,85974.852.64$443,956
Jun 20233,55626,11268.962.26$304,195
May 20235,91331,90770.622.23$488,646
Apr 20236,70337,26878.122.24$607,035
Mar 20238,25245,20772.852.39$709,346
Feb 20236,89637,39075.112.47$610,150
Jan 20238,11338,30276.533.39$750,644
Dec 20228,32940,07176.415.73$865,989
Nov 20228,17738,41385.005.65$911,932
Oct 20229,51343,52687.185.86$1,084,569
Sep 20229,21142,39684.888.16$1,127,937
Aug 202210,23642,05794.529.13$1,351,368
Jul 202210,46666,246101.587.54$1,562,769
Jun 202210,91840,781115.097.98$1,581,871
May 202212,64641,490109.378.43$1,732,980
Apr 202212,93829,489104.226.84$1,550,032
Mar 202213,14634,729108.885.08$1,607,635
Feb 20229,16124,10891.054.86$951,246
Jan 202211,39230,38381.844.54$1,070,190
Dec 20216,98322,41771.323.90$585,434
Nov 202123,30721,37977.435.24$1,916,620
Oct 20217,62124,29279.795.71$746,881
Sep 20217,59525,65369.865.35$667,854
Aug 20218,07529,55866.024.22$657,864
Jul 20218,79330,92570.783.98$745,514
Jun 20218,78427,30169.493.38$702,694
May 20219,50526,77763.483.02$684,182
Apr 202111,73626,15860.362.76$780,540
Mar 202117,03124,60561.302.72$1,110,851
Feb 20215,00111,34157.805.55$351,977
Jan 202111,49331,45350.412.81$667,754
Dec 202012,52023,71044.642.68$622,328
Nov 202010,35422,30638.772.71$461,797
Oct 202016,85928,07436.972.48$692,857
Sep 202014,58023,68437.091.99$587,928
Aug 202020,15829,66839.982.39$876,678
Jul 202021,19928,77638.371.83$865,925
Jun 202016,18621,60634.901.69$601,412
May 202019,02224,97616.921.81$367,177
Apr 202016,54817,94314.751.80$276,459
Mar 20203,4873,28630.341.86$111,895
Feb 2020208049.881.98$10,375
Jan 20208,97116,23757.252.09$547,602
Dec 201917,02135,93659.012.30$1,087,219
Nov 201917,88637,78655.302.75$1,093,034
Oct 201918,29040,95453.472.42$1,077,015
Sep 201919,02341,91955.052.66$1,158,607
Aug 201921,16645,75553.112.30$1,229,562
Jul 201921,89942,56656.272.46$1,336,972
Jun 201923,17546,98552.782.49$1,340,226
May 201927,20559,98858.482.74$1,755,335
Apr 201932,50467,30862.632.75$2,220,870
Mar 201941,16461,26856.803.06$2,525,724
Feb 201935,89941,68150.852.79$1,941,847
Jan 201958,46270,27946.033.23$2,917,879
Dec 201867,05075,76146.594.19$3,440,953
Nov 20180052.934.24$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                2,071 bbl  × $106.41 =   $220,375
Casinghead gas    25,120 Mcf  × $  3.05 =    $76,512

────────────────────────────────────────────────────
Month total                                 $296,887

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/20156 is the state's own key, not one this site invented.