RACHEAL 5

Operated by SUMMIT PETROLEUM LLC (P-5 829221) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20907District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$23.9 M
Mar 2020 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
75
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition263,268 bbl$17,284,357
Casinghead gasProduction1,693,613 Mcf$6,615,324
Total$23,899,681

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 31.4205, -101.9712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42048, -101.97119 · 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
9,285 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 9,285 ft.

Completions filed
Oct 2020
1 of 1 wells

1 well

42-4614125310WB9,285 ftOct 2020

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 202666427,857106.413.05$155,504
Apr 202664326,45398.932.87$139,525
Mar 202664128,39089.753.15$146,942
Feb 202665726,49963.503.75$141,099
Jan 202685627,00759.138.00$266,615
Dec 202586429,93456.664.41$181,064
Nov 202588828,83858.593.93$165,259
Oct 202583430,19859.383.30$149,322
Sep 202581926,96962.743.08$134,366
Aug 20251,00136,43663.933.01$173,840
Jul 202592434,84566.743.32$177,186
Jun 20252,04445,81666.483.13$279,231
May 20251,08527,30360.553.23$153,949
Apr 202578528,67562.363.54$150,552
Mar 20251,01129,23667.704.27$193,233
Feb 202598632,28570.884.34$210,032
Jan 20251,08734,65574.324.28$229,064
Dec 20241,11933,61468.993.12$182,122
Nov 20241,08334,57669.052.20$150,794
Oct 20241,07335,26971.372.28$157,043
Sep 20241,05830,37869.612.36$145,472
Aug 20241,19035,43975.632.06$163,133
Jul 20241,50839,47979.932.15$205,280
Jun 20241,49338,62378.082.63$218,306
May 20241,73232,78878.812.20$208,581
Apr 20241,58927,94584.451.66$180,557
Mar 20241,91828,77280.301.55$198,472
Feb 20242,15623,98376.091.78$206,827
Jan 20241,82612,88673.023.30$175,828
Dec 20232,36010,83171.262.61$196,450
Nov 20234,1072,26677.892.81$326,256
Oct 20232,6792,59485.443.09$236,902
Sep 20232,4132,50789.042.74$221,710
Aug 20232,58687580.522.67$210,563
Jul 20231,1651874.852.64$87,248
Jun 2023016968.962.26$382
May 20234417670.622.23$3,499
Apr 202320354478.122.24$17,076
Mar 20231,87218,44072.852.39$180,505
Feb 20232,88718,30875.112.47$261,984
Jan 20233,07518,13476.533.39$296,763
Dec 20221,98510,18176.415.73$210,002
Nov 20223,09019,46985.005.65$372,576
Oct 20223,01020,92887.185.86$385,129
Sep 20223,21123,65584.888.16$465,662
Aug 20223,38723,60494.529.13$535,577
Jul 20223,05123,745101.587.54$489,007
Jun 20223,06529,532115.097.98$588,334
May 20223,59833,753109.378.43$678,154
Apr 20224,55727,510104.226.84$663,033
Mar 20224,96129,429108.885.08$689,547
Feb 20224,99325,00791.054.86$576,118
Jan 202238130,16581.844.54$168,060
Dec 20215,23228,68871.323.90$485,004
Nov 20215,64330,67677.435.24$597,583
Oct 20215,74125,07179.795.71$601,327
Sep 20215,28627,28269.865.35$515,264
Aug 20215,75730,16966.024.22$507,408
Jul 20216,76528,30170.783.98$591,524
Jun 20216,71620,36069.493.38$535,524
May 20218,33826,13663.483.02$608,166
Apr 20217,64428,02960.362.76$538,708
Mar 202114,02446,54461.302.72$986,128
Feb 202113,50631,09057.805.55$953,133
Jan 202127,13745,06150.412.81$1,494,610
Dec 202017,88719,85044.642.68$851,584
Nov 202026,67528,65938.772.71$1,111,757
Oct 202010,70310,70936.972.48$422,231
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$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                  664 bbl  × $106.41 =    $70,656
Casinghead gas    27,857 Mcf  × $  3.05 =    $84,848

────────────────────────────────────────────────────
Month total                                 $155,504

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/20907 is the state's own key, not one this site invented.