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ADELY 14

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 21124District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$25.4 M
Apr 2020 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
74
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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
OilDisposition237,749 bbl$17,851,443
Casinghead gasProduction1,926,480 Mcf$7,586,634
Total$25,438,076

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 31.6812, -100.8513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 133.4 miles, so treat it as the lease's centre and not as its location.

31.68115, -100.85127 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
6,964 ft
2 wells filed one
Completion to plug
21 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 4,675 and 9,252 ft, median 6,964 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1984 – Mar 2021
2 of 2 wells
Plug dates filed
Dec 1985
1 of 2 wells; 1 filed none

Last completion to plug: a median of 21 months across the 1 well that filed both dates, with the middle half between 21 months and 21 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4614120528WB9,252 ftMar 2021——
42-3993314034,675 ftMar 1984Dec 1985Yes

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 (74)

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

74 months

May 202694637,590106.413.05$215,157
Apr 202694434,67198.932.87$192,886
Mar 20261,01035,23889.753.15$201,627
Feb 202697133,30863.503.75$186,574
Jan 20261,09036,19259.138.00$353,912
Dec 202593737,97056.664.41$220,666
Nov 202589438,05658.593.93$201,804
Oct 20251,01038,47659.383.30$187,131
Sep 202594037,64162.743.08$174,794
Aug 20251,02638,16963.933.01$180,663
Jul 202599837,78266.743.32$191,861
Jun 202598137,63766.483.13$182,973
May 202598338,96560.553.23$185,468
Apr 20251,02038,10362.363.54$198,611
Mar 20251,10037,74667.704.27$235,582
Feb 202598336,53470.884.34$228,263
Jan 20251,00136,20474.324.28$229,300
Dec 20241,12935,36068.993.12$188,261
Nov 20241,23532,54169.052.20$156,816
Oct 20241,44634,96271.372.28$182,963
Sep 20241,44235,90669.612.36$185,272
Aug 20241,45338,78675.632.06$189,930
Jul 20241,40038,34079.932.15$194,202
Jun 20241,65939,04078.082.63$232,365
May 20241,95141,73278.812.20$245,504
Apr 20241,83138,83084.451.66$219,055
Mar 20241,95841,11380.301.55$220,752
Feb 20241,81239,42876.091.78$208,200
Jan 20241,67736,92373.023.30$244,214
Dec 20231,48232,51071.262.61$190,482
Nov 20232,01336,78277.892.81$260,060
Oct 20232,07030,13185.443.09$269,884
Sep 20232,23621,95589.042.74$259,141
Aug 20232,46515,83580.522.67$240,807
Jul 20232,9627,29474.852.64$240,975
Jun 20232,6902,67168.962.26$191,535
May 20231,98974470.622.23$142,120
Apr 202349251778.122.24$39,592
Mar 20235315,59472.852.39$52,071
Feb 20233,11615,91075.112.47$273,272
Jan 20233,05615,91476.533.39$287,788
Dec 20223,07228,81976.415.73$399,838
Nov 20222,80531,86285.005.65$418,324
Oct 20222,83430,09187.185.86$423,515
Sep 20223,18828,78484.888.16$505,581
Aug 20223,54029,20594.529.13$601,160
Jul 20223,57531,316101.587.54$599,336
Jun 20223,02333,842115.097.98$617,881
May 20223,57136,187109.378.43$695,727
Apr 20225,13428,274104.226.84$728,392
Mar 20225,75628,388108.885.08$770,822
Feb 20225,15626,45091.054.86$597,970
Jan 20226,18734,27081.844.54$661,850
Dec 20217,21237,35271.323.90$660,000
Nov 20218,26528,37277.435.24$788,539
Oct 20218,95321,73379.795.71$838,539
Sep 20217,37828,38069.865.35$667,286
Aug 202111,13540,72166.024.22$906,999
Jul 202114,01846,16970.783.98$1,176,043
Jun 202122,15837,98269.493.38$1,668,162
May 202125,02723,76763.483.02$1,660,435
Apr 202124,70725,34060.362.76$1,561,213
Mar 20211267661.302.72$7,930
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
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

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                  946 bbl  × $106.41 =   $100,664
Casinghead gas    37,590 Mcf  × $  3.05 =   $114,493

────────────────────────────────────────────────────
Month total                                 $215,157

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/21124 is the state's own key, not one this site invented.