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JOSHUA 32-51 A

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 20842District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$49.8 M
Jul 2019 – May 2026
Value, last 12 filed months
$4.5 M
at the published price for each month
Months reported
83
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
OilDisposition737,711 bbl$43,135,372
Casinghead gasProduction2,106,106 Mcf$6,700,718
Total$49,836,090

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 31.3413, -101.9230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34127, -101.92300 · 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
9,029 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 8,770 and 9,287 ft, median 9,029 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2019 – Sep 2019
2 of 2 wells

2 wells

42-4614118112BL9,287 ftSep 2019——
42-4614118011AL8,770 ftJul 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 (83)

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

83 months

May 20263,05331,529106.413.05$420,902
Apr 20262,81834,00698.932.87$376,372
Mar 20263,21439,12289.753.15$411,669
Feb 20263,65127,84263.503.75$336,255
Jan 20263,09829,91959.138.00$422,475
Dec 20253,35122,59056.664.41$289,565
Nov 20253,48029,71958.593.93$320,583
Oct 20253,75537,63959.383.30$347,363
Sep 20254,09240,55462.743.08$381,513
Aug 20254,11744,20663.933.01$396,470
Jul 20254,48640,56766.743.32$433,883
Jun 20254,14441,11366.483.13$404,124
May 20255,43237,34360.553.23$449,612
Apr 20254,97637,05262.363.54$441,583
Mar 20254,26830,75567.704.27$420,216
Feb 20252,35023,21970.884.34$267,358
Jan 20253,79932,87374.324.28$422,995
Dec 20245,54238,70768.993.12$503,161
Nov 20245,65139,05769.052.20$476,066
Oct 20245,85842,21871.372.28$514,402
Sep 20246,77047,11769.612.36$582,661
Aug 20248,81457,33175.632.06$784,913
Jul 20245,57726,80979.932.15$503,318
Jun 20245,28826,06878.082.63$481,550
May 20246,48431,63378.812.20$580,547
Apr 20246,79331,99984.451.66$626,762
Mar 20247,48032,24780.301.55$650,470
Feb 20246,44829,89076.091.78$543,941
Jan 20247,97229,94573.023.30$680,864
Dec 20234,92112,13971.262.61$382,362
Nov 20236,89914,83477.892.81$579,010
Oct 20238,70319,35585.443.09$803,339
Sep 20237,70816,49489.042.74$731,432
Aug 20237,89911,08380.522.67$665,651
Jul 20236,6197,92874.852.64$516,376
Jun 20234,4974,97268.962.26$321,342
May 20232,6542,18170.622.23$192,283
Apr 202364879178.122.24$52,392
Mar 20231,1271,08872.852.39$84,706
Feb 20237931,42675.112.47$63,078
Jan 20234,3705,25076.533.39$352,222
Dec 20226,3046,91576.415.73$521,305
Nov 20226,7756,68385.005.65$613,609
Oct 20226,5665,81487.185.86$606,516
Sep 20225,3873,46384.888.16$485,519
Aug 20223,7223,12394.529.13$380,308
Jul 20224,1663,506101.587.54$449,625
Jun 20224,9443,926115.097.98$600,323
May 20224,9025,397109.378.43$581,645
Apr 20223,0713,294104.226.84$342,583
Mar 20224,2673,969108.885.08$484,739
Feb 20221,1101,73291.054.86$109,481
Jan 20220081.844.54$0
Dec 20213,55211,31271.323.90$297,435
Nov 20214,08017,37277.435.24$406,889
Oct 20217,66734,93679.795.71$811,370
Sep 202110,78154,74869.865.35$1,046,113
Aug 202112,60857,85866.024.22$1,076,575
Jul 202114,54750,64670.783.98$1,231,313
Jun 202111,94130,76469.493.38$933,781
May 202112,09825,91463.483.02$846,181
Apr 202120,17160,42860.362.76$1,384,207
Mar 202123,65164,09961.302.72$1,623,959
Feb 202117,65442,55857.805.55$1,256,511
Jan 202120,14636,97550.412.81$1,119,470
Dec 202013,71627,14944.642.68$684,918
Nov 202029,18068,64038.772.71$1,317,088
Oct 202037,01282,87236.972.48$1,573,726
Sep 202040,24069,95237.091.99$1,631,779
Aug 202053,43264,04739.982.39$2,288,970
Jul 202058,86160,00438.371.83$2,368,011
Jun 20202,2662,85734.901.69$83,913
May 20208,0197,46316.921.81$149,225
Apr 20205,3265,09414.751.80$87,750
Mar 202013,70714,02930.341.86$441,911
Feb 202020,33517,56949.881.98$1,049,108
Jan 202034,77930,73057.252.09$2,055,469
Dec 201911,1299,65859.012.30$678,978
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$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                3,053 bbl  × $106.41 =   $324,870
Casinghead gas    31,529 Mcf  × $  3.05 =    $96,032

────────────────────────────────────────────────────
Month total                                 $420,902

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/20842 is the state's own key, not one this site invented.