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JOSHUA 32-51 B

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 20843District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$23.5 M
Aug 2019 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
82
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
OilDisposition357,707 bbl$20,003,560
Casinghead gasProduction1,039,677 Mcf$3,539,816
Total$23,543,376

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 31.3416, -101.9215. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34162, -101.92154 · 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
9,000 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 9,000 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-4614118213BU9,000 ftAug 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 (82)

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

82 months

May 20261,82416,676106.413.05$244,884
Apr 20261,65717,75298.932.87$214,870
Mar 20262,01220,05089.753.15$243,723
Feb 20262,05917,98563.503.75$198,196
Jan 20262,00822,16159.138.00$295,975
Dec 20252,18418,17556.664.41$203,958
Nov 20252,01717,98658.593.93$188,797
Oct 20252,29117,20759.383.30$192,906
Sep 20252,02217,87862.743.08$181,869
Aug 20252,17517,64163.933.01$192,231
Jul 20252,60017,68966.743.32$232,167
Jun 20252,32718,63966.483.13$213,015
May 20252,28514,39760.553.23$184,892
Apr 20252,46712,50862.363.54$198,159
Mar 20252,83812,61967.704.27$245,995
Feb 20252,65613,77770.884.34$248,061
Jan 20253,52920,84274.324.28$351,452
Dec 20243,11119,78868.993.12$276,394
Nov 20243,10719,12869.052.20$256,590
Oct 20243,24119,73371.372.28$276,329
Sep 20243,29619,40569.612.36$275,315
Aug 20243,75621,02975.632.06$327,462
Jul 20245,75019,19779.932.15$500,806
Jun 202462888578.082.63$51,365
May 20240078.812.20$0
Apr 20241084.451.66$84
Mar 20241586,18980.301.55$22,250
Feb 20241,4897176.091.78$113,425
Jan 202448615073.023.30$35,982
Dec 20231211071.262.61$8,649
Nov 20231501,57377.892.81$16,100
Oct 20235906285.443.09$50,601
Sep 20231,1565689.042.74$103,083
Aug 20237457280.522.67$60,180
Jul 202348311574.852.64$36,456
Jun 20231,19553668.962.26$83,618
May 202366421970.622.23$47,379
Apr 2023247078.122.24$19,296
Mar 2023149072.852.39$10,855
Feb 2023132075.112.47$9,915
Jan 20232,8632,12676.533.39$226,308
Dec 20223,3711,50476.415.73$266,195
Nov 20223,5331,09085.005.65$306,459
Oct 20223,1004,92587.185.86$299,137
Sep 20223,21856084.888.16$277,716
Aug 20222,84858894.529.13$274,560
Jul 20222,8751,229101.587.54$301,312
Jun 20222,7301,183115.097.98$323,633
May 20223,0831,705109.378.43$351,566
Apr 20223,2572,356104.226.84$355,554
Mar 20226,3534,228108.885.08$713,178
Feb 20221,7731,45891.054.86$168,516
Jan 20220081.844.54$0
Dec 20212,29311,13171.323.90$206,938
Nov 20213,69820,94977.435.24$396,043
Oct 20214,60040,74679.795.71$599,851
Sep 20214,46039,31469.865.35$521,942
Aug 20215,44941,56466.024.22$535,168
Jul 20216,43342,43470.783.98$624,303
Jun 20217,27038,05869.493.38$633,852
May 20212,31310,13063.483.02$177,398
Apr 20213,42319,29260.362.76$259,828
Mar 20214,63621,51761.302.72$342,647
Feb 20214,53215,59757.805.55$348,481
Jan 20218,40721,30250.412.81$483,661
Dec 20208,29822,07844.642.68$429,492
Nov 202010,81135,04638.772.71$513,997
Oct 202016,90240,87336.972.48$726,168
Sep 202022,70339,82837.091.99$921,353
Aug 202028,02634,89539.982.39$1,203,708
Jul 202033,33837,78138.371.83$1,348,134
Jun 20209551,03034.901.69$35,071
May 20205,8384,62716.921.81$107,176
Apr 202017,00618,08314.751.80$283,467
Mar 20205,9915,71830.341.86$192,381
Feb 202013,10610,74649.881.98$675,012
Jan 202020,06315,35557.252.09$1,180,771
Dec 20198,5466,43159.012.30$519,119
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$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                1,824 bbl  × $106.41 =   $194,092
Casinghead gas    16,676 Mcf  × $  3.05 =    $50,792

────────────────────────────────────────────────────
Month total                                 $244,884

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/20843 is the state's own key, not one this site invented.