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CHAR 46-9 B

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 20405District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$18.4 M
Sep 2019 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
81
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
OilDisposition223,562 bbl$13,074,774
Casinghead gasProduction1,579,957 Mcf$5,350,002
Total$18,424,776

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 31.3417, -101.4372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34171, -101.43720 · 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
7,339 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 7,339 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-383406142A7,339 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 (81)

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

81 months

May 202615871106.413.05$17,029
Apr 20266108,60898.932.87$85,050
Mar 20261,05919,16989.753.15$155,417
Feb 20261,02714,41863.503.75$119,287
Jan 202696913,53459.138.00$165,541
Dec 20251,16612,94356.664.41$123,188
Nov 202522421158.593.93$13,953
Oct 20252643,84959.383.30$28,397
Sep 202598121,32862.743.08$127,172
Aug 20251,03921,42863.933.01$131,024
Jul 20251,06020,57166.743.32$138,941
Jun 20251,13516,95466.483.13$128,499
May 202530368660.553.23$20,564
Apr 202520296562.363.54$16,016
Mar 20256212,32967.704.27$51,983
Feb 20259619,82070.884.34$110,743
Jan 20251,21612,01874.324.28$141,794
Dec 20241,14712,73468.993.12$118,879
Nov 202483011,88969.052.20$83,449
Oct 20241,47319,09871.372.28$148,698
Sep 20241,18918,83869.612.36$127,306
Aug 20241,30318,96475.632.06$137,681
Jul 20241,28514,93379.932.15$134,765
Jun 20241,28812,76478.082.63$134,187
May 20241,19713,10178.812.20$123,137
Apr 20241,30011,45084.451.66$128,783
Mar 20241,58427,97280.301.55$170,416
Feb 20241,48926,19576.091.78$160,020
Jan 20241,60225,01973.023.30$199,482
Dec 20231,72328,21671.262.61$196,445
Nov 20231,20523,30377.892.81$159,282
Oct 20231,68221,25585.443.09$209,330
Sep 20231,44314,94989.042.74$169,371
Aug 20231,71824,46380.522.67$203,720
Jul 20231,78023,69474.852.64$195,828
Jun 20231,84922,98068.962.26$179,407
May 20232,08827,03470.622.23$207,670
Apr 20232,32323,39978.122.24$233,834
Mar 20232,07625,07272.852.39$211,238
Feb 20231,40610,53575.112.47$131,581
Jan 20232,66921,36576.533.39$276,637
Dec 20222,26716,42176.415.73$267,299
Nov 20224882,84085.005.65$57,515
Oct 202212960687.185.86$14,800
Sep 20221167584.888.16$10,458
Aug 20221,80010,55494.529.13$266,464
Jul 20221,44410,344101.587.54$224,697
Jun 20222,28325,117115.097.98$463,114
May 20222,40627,932109.378.43$498,696
Apr 20222,77026,992104.226.84$473,250
Mar 20222,91025,200108.885.08$444,766
Feb 20222,75521,79291.054.86$356,727
Jan 20222,61422,02581.844.54$313,872
Dec 20213,22829,70771.323.90$346,052
Nov 20213,23926,58477.435.24$390,012
Oct 20213,64728,71779.795.71$455,079
Sep 20213,61431,22569.865.35$419,557
Aug 20213,91932,84066.024.22$397,337
Jul 20214,15935,24670.783.98$434,726
Jun 20214,28335,47669.493.38$417,557
May 20214,88940,56163.483.02$432,753
Apr 20214,75040,25960.362.76$397,761
Mar 20216,12940,77761.302.72$486,496
Feb 20213,10613,59457.805.55$254,946
Jan 20216,03334,32350.412.81$400,580
Dec 20206,26237,09244.642.68$378,774
Nov 20206,65835,52738.772.71$354,287
Oct 20207,50034,84536.972.48$363,636
Sep 20206,66325,45837.091.99$297,819
Aug 20206,84821,13339.982.39$324,187
Jul 20207,64818,49638.371.83$327,211
Jun 20204,3527,36834.901.69$164,339
May 20207,60830,25516.921.81$183,633
Apr 202011,04238,98514.751.80$233,213
Mar 20208,34125,95830.341.86$301,250
Feb 20205,20519,66749.881.98$298,579
Jan 20209,53123,96157.252.09$595,842
Dec 20196,22313,93859.012.30$399,337
Nov 20196,0599,94355.302.75$362,413
Oct 20190053.472.42$0
Sep 20190055.052.66$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                  158 bbl  × $106.41 =    $16,813
Casinghead gas        71 Mcf  × $  3.05 =       $216

────────────────────────────────────────────────────
Month total                                  $17,029

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/20405 is the state's own key, not one this site invented.