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WOODS 218

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 20703District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$6.1 M
Mar 2020 – May 2026
Value, last 12 filed months
$905 k
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
OilDisposition30,776 bbl$1,632,941
Casinghead gasProduction1,251,723 Mcf$4,422,400
Total$6,055,341

Wells on this lease (2)

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 31.1746, -101.2728. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.17460, -101.27281 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,962 ft
2 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.
2100.0%

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 6,957 and 6,967 ft, median 6,962 ft, over the 2 wells that filed a depth.

Completions filed
May 2016 – Sep 2016
2 of 2 wells

2 wells

42-2353614037HA6,967 ftSep 2016——
42-3833962412HA6,957 ftMay 2016——

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 2026212,552106.413.05$10,008
Apr 202601,60198.932.87$4,594
Mar 202613521,22389.753.15$78,957
Feb 202612621,99163.503.75$90,474
Jan 202612128,53659.138.00$235,383
Dec 202510141,92456.664.41$190,748
Nov 202509,61658.593.93$37,757
Oct 20251061,99459.383.30$12,884
Sep 2025018,30762.743.08$56,329
Aug 202511719,10763.933.01$65,083
Jul 2025018,23466.743.32$60,449
Jun 202511917,37566.483.13$62,273
May 202512318,54860.553.23$67,401
Apr 202514318,21462.363.54$73,452
Mar 202515118,55467.704.27$89,417
Feb 202513517,52970.884.34$85,659
Jan 202513418,54674.324.28$89,311
Dec 202413018,91468.993.12$68,006
Nov 202413317,18369.052.20$46,959
Oct 202425416,61871.372.28$56,040
Sep 202413615,98069.612.36$47,249
Aug 202413416,58275.632.06$44,354
Jul 202426916,69979.932.15$57,347
Jun 202412316,81178.082.63$53,884
May 202426617,05178.812.20$58,449
Apr 202413617,09184.451.66$39,843
Mar 202427318,03780.301.55$49,791
Feb 202426317,34476.091.78$50,947
Jan 202413418,84873.023.30$71,939
Dec 202325619,69871.262.61$69,669
Nov 202326019,16177.892.81$74,047
Oct 202310420,65485.443.09$72,650
Sep 202320019,07189.042.74$69,968
Aug 202310515,20580.522.67$49,096
Jul 202311515,97674.852.64$50,813
Jun 202322115,97268.962.26$51,313
May 202323315,96970.622.23$52,024
Apr 202310815,20878.122.24$42,469
Mar 202324716,85872.852.39$58,338
Feb 202326913,86475.112.47$54,389
Jan 202323015,37976.533.39$69,702
Dec 202223016,25476.415.73$110,695
Nov 202221214,22085.005.65$98,309
Oct 202219614,03187.185.86$99,362
Sep 202221714,18884.888.16$134,245
Aug 202222915,26294.529.13$160,944
Jul 202223115,069101.587.54$137,117
Jun 202231912,983115.097.98$140,282
May 202239412,870109.378.43$151,625
Apr 202224312,267104.226.84$109,202
Mar 202230913,774108.885.08$103,566
Feb 202233912,46491.054.86$91,427
Jan 202234013,24581.844.54$87,927
Dec 202136213,16571.323.90$77,150
Nov 202127812,02477.435.24$84,493
Oct 202135012,98679.795.71$102,127
Sep 202132812,41469.865.35$89,340
Aug 202140212,54966.024.22$79,504
Jul 202139612,83770.783.98$79,147
Jun 202146212,05969.493.38$72,871
May 202153212,13263.483.02$70,382
Apr 202153411,43660.362.76$63,778
Mar 202161611,73461.302.72$69,641
Feb 20214788,20757.805.55$73,160
Jan 20211,21324,23850.412.81$129,263
Dec 20201,01723,69444.642.68$108,791
Nov 20201,21923,28338.772.71$110,278
Oct 20201,22223,12236.972.48$102,484
Sep 20201,27922,67537.091.99$92,585
Aug 20201,39623,24739.982.39$111,259
Jul 20201,51723,39338.371.83$100,902
Jun 20201,68622,58334.901.69$97,014
May 20201,71616,75816.921.81$59,446
Apr 20201,96622,19514.751.80$69,047
Mar 20202,41724,34130.341.86$118,514

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                   21 bbl  × $106.41 =     $2,235
Casinghead gas     2,552 Mcf  × $  3.05 =     $7,773

────────────────────────────────────────────────────
Month total                                  $10,008

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/20703 is the state's own key, not one this site invented.