MEREDITH 33-52-11

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 21425District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$53.2 M
Jun 2021 – May 2026
Value, last 12 filed months
$3.7 M
at the published price for each month
Months reported
60
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
OilDisposition605,582 bbl$48,929,643
Casinghead gasProduction1,112,725 Mcf$4,264,095
Total$53,193,738

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 31.3344, -101.8874. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.33438, -101.88737 · 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
9,172 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 9,172 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-4614161621BL9,172 ftJun 2021

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 (60)

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

60 months

May 20263,02113,136106.413.05$361,475
Apr 20263,16313,94198.932.87$352,922
Mar 20262,75312,07689.753.15$285,114
Feb 20263,23314,51863.503.75$259,743
Jan 20263,77216,92159.138.00$358,371
Dec 20253,87515,93156.664.41$289,867
Nov 20253,71015,40758.593.93$277,864
Oct 20253,64215,99959.383.30$269,136
Sep 20253,92621,03362.743.08$311,034
Aug 20253,73916,62463.933.01$289,152
Jul 20253,96917,08966.743.32$321,545
Jun 20253,91116,76866.483.13$312,466
May 20254,24218,53160.553.23$316,751
Apr 20254,31116,69362.363.54$327,979
Mar 20254,78119,87567.704.27$408,507
Feb 20254,52016,91070.884.34$393,781
Jan 20255,13817,91074.324.28$458,487
Dec 20245,61519,28768.993.12$447,581
Nov 20246,04620,75169.052.20$463,096
Oct 20244,83013,88771.372.28$376,399
Sep 20244,77417,01569.612.36$372,548
Aug 20247,28122,78275.632.06$597,676
Jul 20247,70723,97079.932.15$667,474
Jun 20248,46619,87578.082.63$713,376
May 20242,7844,17478.812.20$228,583
Apr 20244,6319,26084.451.66$406,452
Mar 20245,14816,41880.301.55$438,752
Feb 20245,23618,53276.091.78$431,462
Jan 20246,14618,52373.023.30$509,863
Dec 20239,17812,95971.262.61$687,857
Nov 20231,2782,50977.892.81$106,588
Oct 20235,06814,40485.443.09$477,479
Sep 20236,49519,72689.042.74$632,266
Aug 20237,87821,85480.522.67$692,750
Jul 20237,92723,26274.852.64$654,790
Jun 20239,60024,39668.962.26$717,114
May 20239,87728,14070.622.23$760,193
Apr 202310,86229,98378.122.24$915,634
Mar 202313,44832,47572.852.39$1,057,405
Feb 202314,98432,01275.112.47$1,204,380
Jan 202316,40225,60976.533.39$1,342,001
Dec 20225,65610,65676.415.73$493,224
Nov 20221,7131,80485.005.65$155,791
Oct 202279532387.185.86$71,202
Sep 20220084.888.16$0
Aug 20225,8757,34194.529.13$622,307
Jul 202225,73928,885101.587.54$2,832,421
Jun 202225,00427,347115.097.98$3,095,863
May 202221,16922,476109.378.43$2,504,795
Apr 202220,98721,238104.226.84$2,332,482
Mar 202223,11023,199108.885.08$2,633,984
Feb 202217,34316,53991.054.86$1,659,441
Jan 202220,31520,24481.844.54$1,754,440
Dec 202121,99622,62671.323.90$1,656,976
Nov 202124,82527,46677.435.24$2,066,035
Oct 202128,06226,47479.795.71$2,390,336
Sep 202129,24627,31769.865.35$2,189,297
Aug 202131,96128,49966.024.22$2,230,348
Jul 202133,55329,84570.783.98$2,493,727
Jun 202120,86619,28169.493.38$1,515,160

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                3,021 bbl  × $106.41 =   $321,465
Casinghead gas    13,136 Mcf  × $  3.05 =    $40,010

────────────────────────────────────────────────────
Month total                                 $361,475

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/21425 is the state's own key, not one this site invented.