JOSHUA 32-51 C

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 20844District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$41.4 M
Aug 2019 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition578,975 bbl$34,925,944
Casinghead gasProduction1,888,934 Mcf$6,447,592
Total$41,373,535

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 31.3420, -101.9201. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34196, -101.92011 · 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
9,024 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 8,805 and 9,242 ft, median 9,024 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2019 – Sep 2019
2 of 2 wells

2 wells

42-4614118615BL9,242 ftSep 2019
42-4614118314AL8,805 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 20261,34324,605106.413.05$217,852
Apr 20261,40527,84098.932.87$218,890
Mar 20261,49928,26889.753.15$223,564
Feb 20261,93127,57763.503.75$226,041
Jan 20262,10533,55859.138.00$392,863
Dec 20252,40228,88256.664.41$263,564
Nov 20252,08428,27058.593.93$233,102
Oct 20251,84924,44459.383.30$190,577
Sep 20251,50024,30362.743.08$168,888
Aug 20251,89931,93763.933.01$217,685
Jul 20252,14936,52166.743.32$264,499
Jun 20252,30531,92166.483.13$253,108
May 20252,70532,51160.553.23$268,874
Apr 20252,58424,89662.363.54$249,348
Mar 20252,37421,33767.704.27$251,793
Feb 20251,70516,95570.884.34$194,449
Jan 20252,78526,74874.324.28$321,427
Dec 20242,88827,52068.993.12$285,143
Nov 20242,87428,84469.052.20$261,862
Oct 20242,79224,86871.372.28$255,999
Sep 20242,85914,01169.612.36$232,142
Aug 20243,51314,50575.632.06$295,621
Jul 20243,57722,48879.932.15$334,182
Jun 20244,36518,28978.082.63$388,992
May 20245,64824,39778.812.20$498,754
Apr 20245,22019,61084.451.66$473,366
Mar 20245,86319,88580.301.55$501,524
Feb 20245,4877,37376.091.78$430,657
Jan 20246,18611,55173.023.30$489,793
Dec 20236,67115,90771.262.61$516,904
Nov 20233,92111,76377.892.81$338,432
Oct 20234,54210,85085.443.09$421,565
Sep 20234,6829,80689.042.74$443,705
Aug 20235,0448,48680.522.67$428,825
Jul 20234,9766,47974.852.64$389,570
Jun 20234,3114,89168.962.26$308,333
May 20233,4032,28470.622.23$245,407
Apr 20231,09761778.122.24$87,078
Mar 20233,1633,93572.852.39$239,842
Feb 20233,3504,59075.112.47$262,936
Jan 20234,4835,86676.533.39$362,956
Dec 20224,8155,19776.415.73$397,688
Nov 20225,8627,47085.005.65$540,447
Oct 20225,5539,44887.185.86$539,511
Sep 20226,6878,03584.888.16$633,188
Aug 20224,3416,41994.529.13$468,899
Jul 20225,0169,663101.587.54$582,404
Jun 20223,2655,704115.097.98$421,271
May 20224,6465,867109.378.43$557,610
Apr 20224,5054,764104.226.84$502,085
Mar 20228,3959,189108.885.08$960,695
Feb 20221,9842,42691.054.86$192,431
Jan 20220081.844.54$0
Dec 20211,5848,32471.323.90$145,427
Nov 20219,40749,57477.435.24$987,996
Oct 202112,45174,75779.795.71$1,420,617
Sep 202113,48355,16369.865.35$1,237,095
Aug 20218,79130,63866.024.22$709,692
Jul 202111,20445,83070.783.98$975,518
Jun 202112,04041,42769.493.38$976,709
May 202112,91447,99763.483.02$964,620
Apr 202111,79252,41060.362.76$856,334
Mar 202115,23859,76861.302.72$1,096,475
Feb 202114,25337,39657.805.55$1,031,295
Jan 202121,05254,38150.412.81$1,214,057
Dec 202020,44251,47744.642.68$1,050,256
Nov 202023,18378,25938.772.71$1,110,618
Oct 202030,51789,49436.972.48$1,350,018
Sep 202037,99581,68537.091.99$1,571,873
Aug 202038,98060,08539.982.39$1,701,729
Jul 20202,2092,67138.371.83$89,634
Jun 202073978934.901.69$27,125
May 20209,41410,82816.921.81$178,935
Apr 202083153714.751.80$13,226
Mar 202015,99617,35230.341.86$517,528
Feb 202018,23921,11149.881.98$951,575
Jan 202032,75939,12857.252.09$1,957,416
Dec 201912,85414,28359.012.30$791,428
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                1,343 bbl  × $106.41 =   $142,909
Casinghead gas    24,605 Mcf  × $  3.05 =    $74,943

────────────────────────────────────────────────────
Month total                                 $217,852

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/20844 is the state's own key, not one this site invented.