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SECTION 235-220 ALLOC 09

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 20829District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$12.6 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.4 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
OilDisposition108,811 bbl$6,149,263
Casinghead gasProduction1,879,379 Mcf$6,403,622
Total$12,552,885

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 31.1895, -101.3041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.18948, -101.30412 · 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
7,048 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 7,048 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-3834055522HA7,048 ftSep 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 2026253,752106.413.05$14,088
Apr 202613113,53498.932.87$51,799
Mar 202627331,62889.753.15$124,112
Feb 202630929,94863.503.75$131,936
Jan 202634533,48459.138.00$288,202
Dec 202539534,59156.664.41$175,043
Nov 202520015,44758.593.93$72,370
Oct 2025483,72359.383.30$15,154
Sep 202538833,00162.743.08$125,885
Aug 202543034,07763.933.01$130,224
Jul 202543633,74566.743.32$140,970
Jun 202541932,35666.483.13$129,088
May 202539735,25160.553.23$137,981
Apr 202547933,58262.363.54$148,856
Mar 202552434,22167.704.27$181,541
Feb 202548031,54470.884.34$170,950
Jan 202550732,07874.324.28$174,932
Dec 202453834,35068.993.12$144,336
Nov 202454634,96769.052.20$114,574
Oct 202455634,03571.372.28$117,329
Sep 202454934,28969.612.36$119,287
Aug 202460834,16575.632.06$116,487
Jul 202470726,96279.932.15$114,387
Jun 202456223,24378.082.63$105,103
May 202457723,31678.812.20$96,732
Apr 202462120,10684.451.66$85,803
Mar 202473226,90780.301.55$100,354
Feb 202468422,71976.091.78$92,568
Jan 202477521,91773.023.30$128,865
Dec 202374023,15371.262.61$113,178
Nov 202371521,73377.892.81$116,708
Oct 202374921,90385.443.09$131,615
Sep 202374928,91789.042.74$145,780
Aug 202372039,25180.522.67$162,888
Jul 202376835,42374.852.64$151,065
Jun 202382125,90768.962.26$115,127
May 20231,07825,04570.622.23$131,914
Apr 202384621,27478.122.24$113,696
Mar 202397321,15872.852.39$121,518
Feb 202393321,78275.112.47$123,785
Jan 20231,06024,77976.533.39$165,066
Dec 202296723,82576.415.73$210,384
Nov 202278826,87585.005.65$218,722
Oct 202280828,10587.185.86$235,242
Sep 20221,29825,83984.888.16$321,116
Aug 20221,25232,33394.529.13$413,448
Jul 20221,31335,044101.587.54$397,679
Jun 20221,08234,931115.097.98$403,179
May 20221,02532,154109.378.43$383,260
Apr 20221,1063,147104.226.84$136,785
Mar 20221,3791,920108.885.08$159,892
Feb 20221,396091.054.86$127,106
Jan 20221,6041,79481.844.54$139,412
Dec 20211,5741,99371.323.90$120,029
Nov 20211,7181,91977.435.24$143,074
Oct 20211,9672,19179.795.71$169,466
Sep 20211,5551,79469.865.35$118,232
Aug 20211,6691,91766.024.22$118,278
Jul 20212,2352,14770.783.98$166,743
Jun 20212,1792,52369.493.38$159,948
May 20212,3662,50663.483.02$157,756
Apr 20212,3582,28160.362.76$148,621
Mar 20212,5234,45961.302.72$166,775
Feb 20212,3604,12957.805.55$159,315
Jan 20212,76540,09750.412.81$252,067
Dec 20202,87641,63444.642.68$239,775
Nov 20203,03941,33238.772.71$229,690
Oct 20203,48043,41136.972.48$236,247
Sep 20203,66541,75537.091.99$219,071
Aug 20203,91742,12839.982.39$257,081
Jul 20204,46345,77838.371.83$254,796
Jun 20205,08445,85334.901.69$254,937
May 20205,79449,20016.921.81$187,320
Apr 20206,29049,16114.751.80$181,483
Mar 20207,52351,94130.341.86$324,662

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                   25 bbl  × $106.41 =     $2,660
Casinghead gas     3,752 Mcf  × $  3.05 =    $11,428

────────────────────────────────────────────────────
Month total                                  $14,088

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/20829 is the state's own key, not one this site invented.