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TORPEDO 1048 B

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 20177District 7CField 85279201OilCasinghead gasSave
Value, all time
$67.6 M
Dec 2018 – May 2026
Value, last 12 filed months
$5.2 M
at the published price for each month
Months reported
90
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,032,198 bbl$62,147,192
Casinghead gasProduction1,572,113 Mcf$5,420,320
Total$67,567,512

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 31.5519, -101.1153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 123.4 miles, so treat it as the lease's centre and not as its location.

31.65812, -100.76723 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
8,292 ft
3 wells filed one
Completion to plug
6.1 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 4,640 and 8,832 ft, median 8,292 ft, over the 3 wells that filed a depth.

Completions filed
Mar 1984 – Mar 2019
3 of 3 wells
Plug dates filed
Apr 1990
1 of 3 wells; 2 filed none

Last completion to plug: a median of 6.1 years across the 1 well that filed both dates, with the middle half between 6.1 years and 6.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4614082311HM8,832 ftMar 2019——
42-461408245HA8,292 ftMar 2019——
42-3993281914,640 ftMar 1984Apr 1990Yes

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 (90)

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

90 months

May 20265,22813,796106.413.05$598,332
Apr 20265,31611,88598.932.87$560,019
Mar 20265,85510,93789.753.15$559,932
Feb 20265,5998,47463.503.75$387,317
Jan 20265,0619,54259.138.00$375,573
Dec 20255,98810,31956.664.41$384,822
Nov 20255,4317,84458.593.93$349,001
Oct 20256,0627,93159.383.30$386,172
Sep 20256,4388,03462.743.08$428,640
Aug 20255,6826,47063.933.01$382,756
Jul 20255,8826,38166.743.32$413,719
Jun 20255,9145,18266.483.13$409,376
May 20255,4395,59260.553.23$347,407
Apr 20256,1955,85662.363.54$407,069
Mar 20255,7004,96367.704.27$407,074
Feb 20255,1594,46870.884.34$385,065
Jan 20255,4493,39674.324.28$419,500
Dec 20245,7853,66568.993.12$410,547
Nov 20245,4413,40469.052.20$383,185
Oct 20245,6694,64471.372.28$415,191
Sep 20245,4173,72869.612.36$385,892
Aug 20242,5482,19575.632.06$197,235
Jul 20242,7335,87679.932.15$231,062
Jun 20242,8954,04578.082.63$236,696
May 20243,6164,41278.812.20$294,676
Apr 20243,4964,52684.451.66$302,747
Mar 20244,9904,16180.301.55$407,126
Feb 20243,6193,13976.091.78$280,969
Jan 20244,4873,33273.023.30$338,629
Dec 20237,3925,72471.262.61$541,698
Nov 20232,4421,80377.892.81$195,269
Oct 20234341,71685.443.09$42,379
Sep 202317559789.042.74$17,215
Aug 20236,94315,27880.522.67$599,887
Jul 20237,84214,35874.852.64$624,905
Jun 20235,79110,72868.962.26$423,576
May 20234,82612,51970.622.23$368,697
Apr 20236,98020,43378.122.24$591,002
Mar 20238,19821,64572.852.39$649,024
Feb 20237,00720,68975.112.47$577,308
Jan 20238,26522,26276.533.39$707,938
Dec 20228,31722,49676.415.73$764,383
Nov 20228,31422,58485.005.65$834,204
Oct 20228,68322,84287.185.86$890,924
Sep 20228,57721,86384.888.16$906,498
Aug 20229,19421,97794.529.13$1,069,604
Jul 20229,06630,334101.587.54$1,149,706
Jun 20229,54421,751115.097.98$1,271,931
May 202210,63721,181109.378.43$1,341,989
Apr 202212,00419,064104.226.84$1,381,409
Mar 202212,22817,992108.885.08$1,422,719
Feb 202210,0899,66591.054.86$965,564
Jan 20228,1926,75381.844.54$701,076
Dec 202194947571.323.90$69,535
Nov 202130289277.435.24$28,055
Oct 20212462,38479.795.71$33,250
Sep 20211741,71969.865.35$21,354
Aug 20215,85910,89866.024.22$432,807
Jul 20219,12017,22970.783.98$714,121
Jun 20217,71213,93069.493.38$582,999
May 20219,18615,15563.483.02$628,860
Apr 20218,81212,45060.362.76$566,235
Mar 20219,19914,79861.302.72$604,104
Feb 20212,6603,72657.805.55$174,420
Jan 20218,92812,44850.412.81$485,043
Dec 202013,36014,74544.642.68$635,840
Nov 202013,23414,78138.772.71$553,088
Oct 202012,75111,86936.972.48$500,821
Sep 202013,41311,88137.091.99$521,144
Aug 202014,34712,62939.982.39$603,714
Jul 202014,97812,17738.371.83$596,930
Jun 202014,17211,53134.901.69$514,094
May 202014,49312,99216.921.81$268,799
Apr 202013,80312,24214.751.80$225,683
Mar 20206,5925,01730.341.86$209,314
Feb 20202,4374,68049.881.98$130,827
Jan 202016,62635,08857.252.09$1,025,339
Dec 201918,04740,09459.012.30$1,157,344
Nov 201921,09446,65355.302.75$1,294,827
Oct 201923,98546,97953.472.42$1,396,099
Sep 201924,99449,05255.052.66$1,506,265
Aug 201928,01153,57353.112.30$1,611,116
Jul 201931,35854,88656.272.46$1,899,538
Jun 201934,88361,08152.782.49$1,993,290
May 201941,34969,27158.482.74$2,607,914
Apr 201945,74165,98862.632.75$3,046,272
Mar 201947,82359,96256.803.06$2,899,956
Feb 201951,46265,77050.852.79$2,800,487
Jan 201966,21678,85246.033.23$3,302,471
Dec 201855,64849,76546.594.19$2,800,929

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                5,228 bbl  × $106.41 =   $556,311
Casinghead gas    13,796 Mcf  × $  3.05 =    $42,020

────────────────────────────────────────────────────
Month total                                 $598,332

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/20177 is the state's own key, not one this site invented.