RACHEAL 47

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 22092District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$28.3 M
Feb 2023 – May 2026
Value, last 12 filed months
$4.8 M
at the published price for each month
Months reported
40
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
OilDisposition344,362 bbl$26,352,958
Casinghead gasProduction641,350 Mcf$1,919,480
Total$28,272,438

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 31.4270, -101.9755. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42698, -101.97552 · 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
7,873 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 7,873 ft.

Completions filed
Jun 2023
1 of 1 wells

1 well

42-4614219494MS7,873 ftJun 2023

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 (40)

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

40 months

May 20265,30118,174106.413.05$619,435
Apr 20265,69917,74098.932.87$614,711
Mar 20266,06418,39289.753.15$602,169
Feb 20265,12613,82663.503.75$377,353
Jan 20264,93414,50459.138.00$407,749
Dec 20255,16715,80856.664.41$362,529
Nov 20255,19713,02158.593.93$355,618
Oct 20255,22511,85159.383.30$349,426
Sep 20254,7849,72262.743.08$330,062
Aug 20254,2487,28363.933.01$293,531
Jul 20254,3345,55366.743.32$307,660
Jun 20252,5863,24466.483.13$182,067
May 20257879960.553.23$7,306
Apr 20254,24612,15462.363.54$307,844
Mar 20257,46223,47467.704.27$605,372
Feb 20257,28020,42870.884.34$604,681
Jan 20257,18917,24474.324.28$608,068
Dec 20245,98819,35868.993.12$473,536
Nov 20245,42313,85269.052.20$404,911
Oct 20246,55116,85971.372.28$506,007
Sep 20248,21419,36269.612.36$617,555
Aug 20248,80720,82875.632.06$709,055
Jul 20249,00724,65879.932.15$772,860
Jun 20249,91725,97178.082.63$842,726
May 202411,74428,47378.812.20$988,141
Apr 20248,03215,70384.451.66$704,357
Mar 202411,30420,03380.301.55$938,665
Feb 202412,14321,05776.091.78$961,519
Jan 202415,25326,50273.023.30$1,201,169
Dec 202314,45221,31771.262.61$1,085,502
Nov 202314,07720,39477.892.81$1,153,715
Oct 202321,08928,93885.443.09$1,891,184
Sep 202328,88135,05789.042.74$2,667,447
Aug 202332,41031,75380.522.67$2,694,525
Jul 202327,06721,85774.852.64$2,083,707
Jun 20239,0836,16168.962.26$640,278
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$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                5,301 bbl  × $106.41 =   $564,079
Casinghead gas    18,174 Mcf  × $  3.05 =    $55,355

────────────────────────────────────────────────────
Month total                                 $619,435

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/22092 is the state's own key, not one this site invented.