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CHAR 46-9 A

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) 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 20404District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$25.3 M
Aug 2019 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
82
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
OilDisposition262,848 bbl$14,966,341
Casinghead gasProduction2,828,512 Mcf$10,321,423
Total$25,287,764

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 31.3419, -101.4356. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34192, -101.43561 · 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
7,679 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 7,679 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-383406131BU7,679 ftOct 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 (82)

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

82 months

May 202611250106.413.05$12,070
Apr 202642115,46898.932.87$86,038
Mar 202672035,23089.753.15$175,575
Feb 202678232,98663.503.75$173,365
Jan 202661834,70659.138.00$314,118
Dec 202583940,47456.664.41$226,164
Nov 20252998,74858.593.93$51,867
Oct 20251766,75859.383.30$32,785
Sep 202568439,05262.743.08$163,074
Aug 202574938,51563.933.01$163,997
Jul 202574037,71866.743.32$174,430
Jun 202589138,90866.483.13$180,966
May 20251,05840,85060.553.23$196,102
Apr 202561322,01762.363.54$116,236
Mar 202570836,88567.704.27$205,369
Feb 202579739,66070.884.34$228,649
Jan 202598141,93074.324.28$252,313
Dec 202491743,79668.993.12$199,967
Nov 202485543,07269.052.20$153,729
Oct 20241,11040,71871.372.28$172,115
Sep 202492241,26069.612.36$161,734
Aug 20241,02540,51575.632.06$161,129
Jul 202499535,63979.932.15$156,033
Jun 202497039,96478.082.63$181,002
May 202488337,12578.812.20$151,206
Apr 20241,02738,83984.451.66$151,172
Mar 20241,06227,38580.301.55$127,592
Feb 202499628,89376.091.78$127,320
Jan 20241,08431,52473.023.30$183,109
Dec 20231,41130,10471.262.61$179,141
Nov 202399833,76077.892.81$172,517
Oct 20231,05137,91285.443.09$206,842
Sep 20231,21438,08489.042.74$212,256
Aug 20231,08939,87280.522.67$194,259
Jul 20231,26539,34374.852.64$198,622
Jun 20231,25439,51968.962.26$175,729
May 20231,43738,10470.622.23$186,354
Apr 20231,13021,50878.122.24$136,405
Mar 20235176,11772.852.39$52,302
Feb 20231,73929,95375.112.47$204,471
Jan 20232,03136,54676.533.39$279,240
Dec 20221,81435,19376.415.73$340,231
Nov 20222,35133,22685.005.65$387,436
Oct 20222,19337,42187.185.86$410,614
Sep 20221,80441,83484.888.16$494,643
Aug 20221,61733,45794.529.13$458,206
Jul 20221,95146,751101.587.54$550,782
Jun 20221,86937,592115.097.98$514,982
May 20222,07641,328109.378.43$575,573
Apr 20222,38241,033104.226.84$528,819
Mar 20222,79742,015108.885.08$517,822
Feb 20222,91937,82091.054.86$449,536
Jan 20223,34046,22181.844.54$483,082
Dec 20212,92141,47371.323.90$370,034
Nov 20212,88147,75877.435.24$473,177
Oct 20212,75050,22379.795.71$506,390
Sep 20212,83945,22569.865.35$440,328
Aug 20213,03547,98066.024.22$402,875
Jul 20213,21251,51870.783.98$432,494
Jun 20213,55351,98469.493.38$422,636
May 20213,25328,53463.483.02$292,607
Apr 20213,78432,38860.362.76$317,742
Mar 20214,32222,45561.302.72$325,947
Feb 20211,87615,12257.805.55$192,329
Jan 20214,88445,14250.412.81$373,064
Dec 20204,85750,76244.642.68$352,628
Nov 20205,24652,46438.772.71$345,385
Oct 20205,60447,58536.972.48$325,116
Sep 20206,12751,96837.091.99$330,721
Aug 20207,02454,33239.982.39$410,407
Jul 20209,09356,15738.371.83$451,392
Jun 20209,38929,30634.901.69$377,212
May 20204,12616,45716.921.81$99,677
Apr 202011,42246,97514.751.80$253,235
Mar 202014,28243,58330.341.86$514,216
Feb 202015,44530,27449.881.98$830,359
Jan 202021,01721,89357.252.09$1,249,083
Dec 201922,60312,84059.012.30$1,363,391
Nov 201921,49810,71655.302.75$1,218,316
Oct 2019522053.472.42$27,911
Sep 20190055.052.66$0
Aug 20190053.112.30$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                  112 bbl  × $106.41 =    $11,918
Casinghead gas        50 Mcf  × $  3.05 =       $152

────────────────────────────────────────────────────
Month total                                  $12,070

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/20404 is the state's own key, not one this site invented.