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HOLT 1222-1221 ALLOC 02

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 20704District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$21.7 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.9 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
OilDisposition259,897 bbl$16,855,008
Casinghead gasProduction1,362,685 Mcf$4,843,985
Total$21,698,993

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 31.3174, -101.5811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.31743, -101.58114 · 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
8,177 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 8,021 and 8,332 ft, median 8,177 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2019
2 of 2 wells

2 wells

42-3834039802HA8,021 ftFeb 2019——
42-3834039903HK8,332 ftFeb 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 (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 20261,9194,804106.413.05$218,833
Apr 20261,9896,02898.932.87$214,070
Mar 20262,4027,76989.753.15$240,048
Feb 20262,5334,38463.503.75$177,287
Jan 20261,8305,88959.138.00$155,308
Dec 20252,6808,28056.664.41$188,391
Nov 20252,6116,37158.593.93$177,994
Oct 20252,6393,18059.383.30$167,213
Sep 20253,3364,48162.743.08$223,088
Aug 20251,35920763.933.01$87,505
Jul 202572216666.743.32$48,737
Jun 202512184366.483.13$10,682
May 202512752060.553.23$9,371
Apr 20251,69814,57962.363.54$157,542
Mar 20251,69813,86167.704.27$174,118
Feb 20251,68816,74970.884.34$192,350
Jan 20252,22519,38774.324.28$248,313
Dec 20242,34719,19868.993.12$221,844
Nov 20242,49420,48969.052.20$217,255
Oct 20242,62621,24171.372.28$235,877
Sep 20241,90314,07869.612.36$165,753
Aug 20242,05716,17475.632.06$188,948
Jul 20242,43522,89979.932.15$243,784
Jun 20242,46519,91678.082.63$244,926
May 20242,52720,69078.812.20$244,639
Apr 20242,69222,27884.451.66$264,303
Mar 20242,82722,19480.301.55$261,301
Feb 20242,74819,76376.091.78$244,345
Jan 20242,82514,18673.023.30$253,062
Dec 20232,89411,88771.262.61$237,260
Nov 20232,76313,39277.892.81$252,809
Oct 20232,99115,28885.443.09$302,749
Sep 20232,90113,54189.042.74$295,340
Aug 20233,07013,97880.522.67$284,558
Jul 20233,29019,06974.852.64$296,633
Jun 20233,26214,35968.962.26$257,377
May 20233,5369,04170.622.23$269,850
Apr 20232,6784,23578.122.24$218,682
Mar 20233,70417,47772.852.39$311,662
Feb 20233,3187,62275.112.47$268,008
Jan 20231,6703,70976.533.39$140,370
Dec 20221,86711,37876.415.73$207,843
Nov 20223,03519,96385.005.65$370,690
Oct 20223,26220,50087.185.86$404,588
Sep 20222,76019,45284.888.16$393,069
Aug 20223,23819,71894.529.13$486,025
Jul 20222,96321,746101.587.54$464,992
Jun 20223,34924,011115.097.98$576,977
May 20223,80416,412109.378.43$554,447
Apr 20223,48219,759104.226.84$497,998
Mar 20223,55828,334108.885.08$531,230
Feb 20223,40324,27891.054.86$427,806
Jan 20224,01219,21481.844.54$415,529
Dec 20213,58614,65271.323.90$312,883
Nov 20214,04225,28677.435.24$445,391
Oct 20214,25225,57879.795.71$485,416
Sep 20214,28025,11769.865.35$433,400
Aug 20214,06024,57166.024.22$371,745
Jul 20214,83126,98570.783.98$449,395
Jun 20214,61724,06869.493.38$402,200
May 20216,67127,33463.483.02$505,960
Apr 20216,39525,85060.362.76$457,307
Mar 20215,28023,61861.302.72$387,833
Feb 20214,21117,46157.805.55$340,269
Jan 20214,60927,48650.412.81$309,583
Dec 20205,16828,00144.642.68$305,615
Nov 20205,55127,82638.772.71$290,525
Oct 20206,05829,59336.972.48$297,308
Sep 20205,93129,29137.091.99$278,300
Aug 20206,40234,82339.982.39$339,008
Jul 20206,93134,45238.371.83$328,822
Jun 20207,19333,45034.901.69$307,577
May 20207,42136,97916.921.81$192,671
Apr 20207,83440,16414.751.80$188,023
Mar 20208,24141,13330.341.86$326,384

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                1,919 bbl  × $106.41 =   $204,201
Casinghead gas     4,804 Mcf  × $  3.05 =    $14,632

────────────────────────────────────────────────────
Month total                                 $218,833

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/20704 is the state's own key, not one this site invented.