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COPE 107-108

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 20670District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$61.6 M
Mar 2020 – May 2026
Value, last 12 filed months
$6.2 M
at the published price for each month
Months reported
75
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
OilDisposition351,033 bbl$22,433,307
Casinghead gasProduction10,289,895 Mcf$39,143,901
Total$61,577,208

Wells on this lease (11)

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 31.4824, -101.3376. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.48248, -101.33663 · 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 11 wells
With a plug date
0.0%
0 of 11 wells
Median depth
7,224 ft
11 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.
11100.0%

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

Total depth in feet, 11 of 11 wells. Median 7,224 ft, with the middle half between 7,131 and 7,456 ft; the shallowest is 7,100 ft and the deepest 8,156 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 11 wells, May 2014 – Jun 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2014 – Jun 2023
11 of 11 wells

11 wells

42-3833850001H7,147 ftJun 2023——
42-3834021747HD8,156 ftSep 2021——
42-3833967131HS7,124 ftAug 2021——
42-3833967075HE7,545 ftAug 2021——
42-3834045015HC7,523 ftFeb 2019——
42-3833959221HS7,121 ftFeb 2017——
42-3833969007HA7,224 ftDec 2016——
42-3833968902HA7,335 ftNov 2016——
42-3833885316HS7,100 ftAug 2015——
42-3833885422HA7,388 ftAug 2015——
42-3833850103H7,138 ftMay 2014——

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 (75)

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

75 months

May 202612121,390106.413.05$78,026
Apr 202695950,71398.932.87$240,406
Mar 20261,983131,47889.753.15$592,056
Feb 20262,338140,79863.503.75$676,501
Jan 20262,293152,70959.138.00$1,356,939
Dec 20252,225181,25156.664.41$925,994
Nov 202552060,30958.593.93$267,266
Oct 202535322,95859.383.30$96,834
Sep 20251,990119,10162.743.08$491,317
Aug 20251,864118,91763.933.01$477,672
Jul 20251,649102,26866.743.32$449,093
Jun 20252,032117,99166.483.13$504,248
May 20252,367127,65460.553.23$555,940
Apr 20252,173124,40262.363.54$576,279
Mar 20251,665120,75367.704.27$628,133
Feb 20252,082101,20470.884.34$586,883
Jan 20251,95495,08174.324.28$552,042
Dec 20241,836110,96568.993.12$473,028
Nov 2024900110,97269.052.20$306,110
Oct 20242,800126,72271.372.28$488,940
Sep 20242,939128,84069.612.36$509,208
Aug 20243,094133,47275.632.06$509,436
Jul 20242,696136,13779.932.15$507,722
Jun 20242,302127,11578.082.63$514,559
May 20242,757135,76478.812.20$515,748
Apr 20242,683121,58484.451.66$428,312
Mar 20243,726147,13480.301.55$526,539
Feb 20243,769145,87576.091.78$546,972
Jan 20243,909137,17573.023.30$737,792
Dec 20233,872141,99471.262.61$646,625
Nov 20234,209129,23377.892.81$690,668
Oct 20234,408137,55985.443.09$801,303
Sep 20234,485130,54189.042.74$756,379
Aug 20234,642134,51380.522.67$733,311
Jul 20234,519147,51574.852.64$727,952
Jun 20234,282178,02868.962.26$697,359
May 20232,94084,80570.622.23$396,517
Apr 20234,107121,90278.122.24$593,626
Mar 20234,208138,11872.852.39$637,091
Feb 20233,935124,64275.112.47$602,885
Jan 20233,778134,39876.533.39$744,433
Dec 20223,857131,22476.415.73$1,046,506
Nov 20224,290150,70285.005.65$1,215,544
Oct 20224,815164,73887.185.86$1,385,756
Sep 20224,425156,14084.888.16$1,650,271
Aug 20224,458157,31294.529.13$1,857,182
Jul 20224,497168,708101.587.54$1,729,214
Jun 20224,331167,604115.097.98$1,835,465
May 20224,768168,474109.378.43$1,942,224
Apr 20225,274199,579104.226.84$1,914,298
Mar 20225,766188,042108.885.08$1,582,378
Feb 20225,739161,87091.054.86$1,309,036
Jan 20226,198183,26181.844.54$1,338,824
Dec 20216,288189,42671.323.90$1,187,055
Nov 20216,544184,84277.435.24$1,474,692
Oct 20217,684189,79279.795.71$1,697,553
Sep 20217,269176,15669.865.35$1,450,409
Aug 20216,850148,10866.024.22$1,077,340
Jul 20215,701130,57570.783.98$923,477
Jun 20214,709132,63769.493.38$775,624
May 20216,746137,25463.483.02$842,423
Apr 20216,809142,62760.362.76$804,416
Mar 20217,400147,29861.302.72$853,820
Feb 20216,130190,70057.805.55$1,412,308
Jan 20218,793136,21450.412.81$826,053
Dec 20208,951138,13344.642.68$769,142
Nov 20208,733140,07838.772.71$717,709
Oct 20209,121140,12436.972.48$684,491
Sep 20209,153141,93037.091.99$622,073
Aug 20209,708155,21039.982.39$758,317
Jul 20209,746146,66438.371.83$641,633
Jun 202010,022142,01834.901.69$589,822
May 202011,259146,68516.921.81$456,699
Apr 202011,274136,68314.751.80$412,920
Mar 202012,361145,10730.341.86$644,385

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                  121 bbl  × $106.41 =    $12,876
Casinghead gas    21,390 Mcf  × $  3.05 =    $65,151

────────────────────────────────────────────────────
Month total                                  $78,026

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/20670 is the state's own key, not one this site invented.