RAB 34C

Operated by OVINTIV USA INC. (P-5 628658) 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 21739District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$61.5 M
Jun 2022 – May 2026
Value, last 12 filed months
$5.2 M
at the published price for each month
Months reported
48
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
OilDisposition681,435 bbl$55,358,172
Casinghead gasProduction1,694,036 Mcf$6,138,401
Total$61,496,574

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 31.6918, -102.1041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.69183, -102.10414 · 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
8,555 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 8,460 and 8,650 ft, median 8,555 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2022
2 of 2 wells

2 wells

42-461419732HD8,650 ftJun 2022
42-461419743HD8,460 ftJun 2022

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 (48)

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

48 months

May 20265,47352,459106.413.05$742,164
Apr 20262,92826,92498.932.87$366,931
Mar 20265,40332,26389.753.15$586,530
Feb 20264,65118,27863.503.75$363,887
Jan 20265,47219,74959.138.00$481,510
Dec 20253,79316,87556.664.41$289,387
Nov 20253,62822,19058.593.93$299,692
Oct 20255,22832,87459.383.30$419,082
Sep 20254,70128,27362.743.08$381,935
Aug 20256,18035,78763.933.01$502,977
Jul 20255,42131,58366.743.32$466,502
Jun 20253,69423,26666.483.13$318,370
May 20255,27828,60360.553.23$412,037
Apr 20257,10335,27462.363.54$567,923
Mar 20258,36932,82367.704.27$706,680
Feb 20257,15532,09870.884.34$646,479
Jan 20257,98733,86674.324.28$738,496
Dec 20247,43532,56568.993.12$614,588
Nov 20248,01832,38469.052.20$624,837
Oct 20248,14137,27371.372.28$666,058
Sep 20248,15734,33069.612.36$648,977
Aug 20249,54737,23275.632.06$798,873
Jul 20249,11435,57979.932.15$804,856
Jun 202410,21737,04278.082.63$895,311
May 20249,78734,70278.812.20$847,604
Apr 202410,37434,71184.451.66$933,677
Mar 202410,52137,56780.301.55$902,882
Feb 20249,36730,38976.091.78$766,938
Jan 20249,03227,85073.023.30$751,356
Dec 202311,97134,58571.262.61$943,345
Nov 202311,86933,80777.892.81$1,019,392
Oct 202314,08840,40885.443.09$1,328,430
Sep 202314,91844,47889.042.74$1,449,948
Aug 202316,75144,59780.522.67$1,467,993
Jul 202317,69043,49874.852.64$1,439,010
Jun 202317,51737,41268.962.26$1,292,467
May 202316,96640,54370.622.23$1,288,444
Apr 202318,35244,69078.122.24$1,533,664
Mar 202323,04044,24372.852.39$1,784,345
Feb 202324,73138,85375.112.47$1,953,344
Jan 202327,01138,68876.533.39$2,198,216
Dec 202229,73945,21376.415.73$2,531,386
Nov 202233,07544,42285.005.65$3,062,191
Oct 202238,72745,19887.185.86$3,641,250
Sep 202244,38051,70784.888.16$4,189,094
Aug 202251,27949,21794.529.13$5,296,103
Jul 202247,31842,390101.587.54$5,126,271
Jun 202219,83915,278115.097.98$2,405,146

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                5,473 bbl  × $106.41 =   $582,382
Casinghead gas    52,459 Mcf  × $  3.05 =   $159,782

────────────────────────────────────────────────────
Month total                                 $742,164

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/21739 is the state's own key, not one this site invented.