SPEARRS

Operated by PEDEN ENERGY, INC. (P-5 650156) in the SLAUGHTER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 61939District 8AField 83991001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$202 k
at the published price for each month
Months reported
401
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 160 leases and 6,532 wells, and the rule below applies to all of them.

Discovered
1937-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
880 ft
minimum
From a lease line
440 ft
minimum

A drilling unit in this field needs at least 17 acres. The field rule took effect on 1993-02-02.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: UNITS MAY BE 17.7 AC. OR UP TO 35.4 AC.

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
OilDisposition268,838 bbl$11,770,279
Casinghead gasProduction317,721 Mcf$704,190
Total$12,474,468

132,904 Mcf of this lease's gas, across 43 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.5333, -102.5065. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.53332, -102.50652 · 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
4,940 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 4,940 ft.

Completions filed
Feb 1977
1 of 1 wells

1 well

42-2193191914,940 ftFeb 1977

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 (401)

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

401 months

May 20263400106.413.05$36,179
Apr 2026171098.932.87$16,917
Mar 2026171089.753.15$15,347
Feb 2026159063.503.75$10,097
Jan 2026167059.138.00$9,875
Dec 2025336056.664.41$19,038
Nov 2025171058.593.93$10,019
Oct 2025333059.383.30$19,774
Sep 2025172062.743.08$10,791
Aug 2025339063.933.01$21,672
Jul 2025166066.743.32$11,079
Jun 2025320066.483.13$21,274
May 2025339060.553.23$20,526
Apr 2025166062.363.54$10,352
Mar 2025334067.704.27$22,612
Feb 2025172070.884.34$12,191
Jan 2025165074.324.28$12,263
Dec 2024333068.993.12$22,974
Nov 2024336069.052.20$23,201
Oct 2024177071.372.28$12,632
Sep 2024173069.612.36$12,043
Aug 2024172075.632.06$13,008
Jul 2024322079.932.15$25,737
Jun 2024326078.082.63$25,454
May 2024164078.812.20$12,925
Apr 2024341084.451.66$28,797
Mar 2024170080.301.55$13,651
Feb 2024326076.091.78$24,805
Jan 2024342073.023.30$24,973
Dec 2023169071.262.61$12,043
Nov 2023343077.892.81$26,716
Oct 2023167085.443.09$14,268
Sep 2023345089.042.74$30,719
Aug 2023335080.522.67$26,974
Jul 2023159074.852.64$11,901
Jun 2023330068.962.26$22,757
May 2023344070.622.23$24,293
Apr 2023358078.122.24$27,967
Mar 2023166072.852.39$12,093
Feb 2023163075.112.47$12,243
Jan 2023334076.533.39$25,561
Dec 2022328076.415.73$25,062
Nov 2022168085.005.65$14,280
Oct 2022337087.185.86$29,380
Sep 2022158084.888.16$13,411
Aug 2022334094.529.13$31,570
Jul 20223420101.587.54$34,740
Jun 20221630115.097.98$18,760
May 20223370109.378.43$36,858
Apr 20223300104.226.84$34,393
Mar 20221660108.885.08$18,074
Feb 2022325091.054.86$29,591
Jan 2022336081.844.54$27,498
Dec 2021331071.323.90$23,607
Nov 2021319077.435.24$24,700
Oct 2021328079.795.71$26,171
Sep 2021163069.865.35$11,387
Aug 2021335066.024.22$22,117
Jul 2021330070.783.98$23,357
Jun 2021334069.493.38$23,210
May 2021331063.483.02$21,012
Apr 2021334060.362.76$20,160
Mar 2021178061.302.72$10,911
Feb 2021175057.805.55$10,115
Jan 2021341050.412.81$17,190
Dec 2020178044.642.68$7,946
Nov 2020336038.772.71$13,027
Oct 2020334036.972.48$12,348
Sep 2020339037.091.99$12,574
Aug 2020163039.982.39$6,517
Jul 2020319038.371.83$12,240
Jun 2020313034.901.69$10,924
May 2020356016.921.81$6,024
Apr 2020166014.751.80$2,449
Mar 2020324030.341.86$9,830
Feb 2020324049.881.98$16,161
Jan 2020336057.252.09$19,236
Dec 2019333059.012.30$19,650
Nov 2019330055.302.75$18,249
Oct 2019329053.472.42$17,592
Sep 2019323055.052.66$17,781
Aug 2019324053.112.30$17,208
Jul 2019313056.272.46$17,613
Jun 2019330052.782.49$17,417
May 2019335058.482.74$19,591
Apr 2019321062.632.75$20,104
Mar 2019322056.803.06$18,290
Feb 2019319050.852.79$16,221
Jan 2019329046.033.23$15,144
Dec 2018349046.594.19$16,260
Nov 2018344052.934.24$18,208
Oct 2018334061.443.40$20,521
Sep 2018331059.543.11$19,708
Aug 2018336059.403.07$19,958
Jul 2018333065.142.93$21,692
Jun 2018334060.183.08$20,100
May 2018334065.382.90$21,837
Apr 2018338063.842.90$21,578
Mar 2018342061.222.79$20,937
Feb 2018507061.782.77$31,322
Jan 2018342062.874.01$21,502
Dec 2017337057.272.92$19,300
Nov 2017341055.423.12$18,898
Oct 2017497049.292.98$24,497
Sep 2017346047.523.09$16,442
Aug 2017329045.373.00$14,927
Jul 2017345043.873.09$15,135
Jun 2017501042.493.09$21,287
May 2017342045.373.26$15,517
Apr 2017346047.933.21$16,584
Mar 2017342046.772.98$15,995
Feb 2017344050.452.95$17,355
Jan 2017337049.413.42$16,651
Dec 2016509048.763.72$24,819
Nov 2016345042.492.64$14,659
Oct 2016347046.193.09$16,028
Sep 2016340041.553.10$14,127
Aug 2016516041.442.92$21,383
Jul 2016333041.622.92$13,859
Jun 2016340045.352.69$15,419
May 2016343042.521.99$14,584
Apr 2016518036.561.99$18,938
Mar 2016342033.011.79$11,289
Feb 2016511026.472.06$13,526
Jan 2016338027.352.36$9,244
Dec 2015168032.362.00$5,436
Nov 2015487038.792.17$18,891
Oct 2015513043.552.43$22,341
Sep 2015344042.992.76$14,789
Aug 2015507040.162.87$20,361
Jul 2015510048.152.95$24,557
Jun 2015339056.152.88$19,035
May 2015329055.212.96$18,164
Apr 2015513049.822.71$25,558
Mar 2015518042.892.93$22,217
Feb 2015345044.662.98$15,408
Jan 2015342043.433.10$14,853
Dec 2014338054.693.59$18,485
Nov 2014341070.464.25$24,027
Oct 2014516078.303.90$40,403
Sep 2014322086.164.05$27,744
Aug 2014512089.394.04$45,768
Jul 2014516096.564.18$49,825
Jun 2014508098.164.74$49,865
May 2014331094.734.73$31,356
Apr 2014648195.944.81$62,174
Mar 2014345095.895.06$33,082
Feb 2014511097.406.19$49,771
Jan 2014342090.404.86$30,917
Dec 20133342991.824.35$30,794
Nov 2013336088.853.74$29,854
Oct 2013499097.423.78$48,613
Sep 201350717104.113.72$52,847
Aug 201350564104.253.52$52,872
Jul 201350688102.523.72$52,202
Jun 20134906494.403.93$46,508
May 20135107094.834.15$48,654
Apr 201349211293.964.28$46,708
Mar 20134978393.623.91$46,854
Feb 201366911991.233.42$61,440
Jan 20134894491.603.42$44,943
Dec 2012484586.773.42$42,014
Nov 20123312886.953.62$28,882
Oct 20125115389.383.40$45,853
Sep 20125253494.672.92$49,801
Aug 20124916892.662.91$45,694
Jul 20125229185.133.02$44,713
Jun 2012175279.822.52$13,974
May 20123375591.612.49$31,009
Apr 2012485167101.652.00$49,634
Mar 2012477176105.052.22$50,500
Feb 2012505164101.102.57$51,477
Jan 201234715198.092.73$34,450
Dec 201148416096.873.24$47,403
Nov 201151116695.723.31$49,463
Oct 201150715584.983.65$43,650
Sep 20115179383.623.99$43,602
Aug 20115237683.404.15$43,934
Jul 201151410294.144.52$48,849
Jun 20113457492.904.64$32,394
May 201169814198.134.40$69,116
Apr 201134771105.964.33$37,076
Mar 201152616796.364.06$51,363
Feb 201148615785.644.18$42,277
Jan 201149421386.504.59$43,708
Dec 201051522685.734.35$45,134
Nov 201068120680.843.80$55,834
Oct 201052120478.103.51$41,406
Sep 201051420772.633.98$38,156
Aug 201067011273.684.42$49,861
Jul 201070313072.554.74$51,618
Jun 201050411770.364.91$36,036
May 20106878771.124.24$49,228
Apr 201046813481.694.12$38,783
Mar 201070313378.394.39$55,692
Feb 201065810473.585.44$48,982
Jan 20105198374.365.96$39,088
Dec 200952313971.445.48$38,125
Nov 200967317874.593.75$50,867
Oct 200969513072.544.11$50,950
Sep 20096994865.543.06$45,960
Aug 20096976067.423.22$47,185
Jul 20096962961.133.46$42,647
Jun 20097075066.163.90$46,970
May 20096977554.743.93$38,448
Apr 200986422846.773.59$41,227
Mar 20096915642.144.06$29,346
Feb 2009696232.814.63$22,845
Jan 200983817735.865.37$31,001
Dec 200870320237.105.98$27,289
Nov 200888525655.496.86$50,865
Oct 200870211675.246.92$53,621
Sep 2008871132101.767.88$89,673
Aug 2008874195114.228.48$101,482
Jul 2008875150131.0811.39$116,403
Jun 2008869251131.3313.03$117,397
May 2008875290123.1711.57$111,130
Apr 20081,040285110.3110.45$117,702
Mar 20081,052231101.909.66$109,431
Feb 2008708092.538.77$65,511
Jan 2008533890.388.21$48,238
Dec 20076936488.337.30$61,680
Nov 200786711191.677.29$80,287
Oct 200769626082.856.92$59,463
Sep 20071,02822975.846.24$79,393
Aug 20071,00815469.066.39$70,596
Jul 200786916770.906.39$62,679
Jun 20071,04022262.007.55$66,156
May 200786825058.747.85$52,948
Apr 20071,02418359.617.81$62,469
Mar 200770225156.927.30$41,791
Feb 200787918355.108.22$49,936
Jan 20071,22125850.306.73$63,152
Dec 200670035856.656.92$42,132
Nov 20061,06544554.207.62$61,113
Oct 200688545054.906.01$51,293
Sep 20061,04945060.085.04$65,291
Aug 20061,20759868.717.34$87,322
Jul 20061,05529369.376.34$75,044
Jun 200686915366.286.38$58,574
May 20061,04338966.016.42$71,348
Apr 200684838964.397.36$57,466
Mar 200687860856.707.08$54,089
Feb 200669550157.597.75$43,908
Jan 200687160060.598.93$58,134
Dec 200585565054.9413.42$55,694
Nov 20051,04762154.6910.59$63,836
Oct 200568351958.3413.80$47,006
Sep 20051,04566661.4512.08$72,260
Aug 200588065461.519.80$60,536
Jul 200587467855.697.84$53,991
Jun 20051,03461852.337.38$58,671
May 20058771,20845.226.65$47,693
Apr 200584057449.207.36$45,553
Mar 20051,03955450.377.15$56,298
Feb 200587525045.226.31$41,145
Jan 20051,07824743.166.32$48,088
Dec 20045139239.866.75$21,069
Nov 20045138645.286.33$23,773
Oct 20041,06628849.706.52$54,857
Sep 200489283343.245.28$42,972
Aug 200489483342.375.55$42,502
Jul 20041,07393838.286.08$46,781
Jun 20041,07897536.106.43$45,188
May 20041,06892137.486.49$46,010
Apr 20041,07130434.475.86$38,698
Mar 20041,08175834.365.53$41,335
Feb 20048841,01032.455.51$34,251
Jan 20041,0611,07332.036.30$40,743
Dec 20031,0931,04730.266.30$39,672
Nov 20031,08853328.804.60$33,784
Oct 20031,05780028.174.76$33,583
Sep 20031,0491,27326.314.75$33,645
Aug 20031,2331,27329.765.13$43,224
Jul 20031,0731,15529.415.17$37,529
Jun 20031,0441,26128.565.98$37,361
May 20031,2391,31826.595.97$40,817
Apr 20031,0661,17426.675.41$34,778
Mar 20031,2621,20331.146.10$46,632
Feb 20031,0591,07133.487.93$43,944
Jan 20031,27263530.315.58$42,099
Dec 20021,08226126.914.85$30,383
Nov 200289957824.664.14$24,561
Oct 200287993426.464.23$27,208
Sep 20021,2461,33227.443.64$39,032
Aug 20028861,15825.963.16$26,665
Jul 20021,2491,43124.583.06$35,082
Jun 20028911,03423.733.34$24,595
May 20021,0741,59624.663.58$32,205
Apr 20021,2161,29023.653.51$33,289
Mar 20021,06595222.003.10$26,384
Feb 20021,07095718.222.38$21,769
Jan 20021,27070517.172.38$23,481
Dec 20011,06670516.932.36$19,714
Nov 20011,4311,50818.072.41$29,486
Oct 20011,06693219.782.53$23,442
Sep 200171589924.262.25$19,370
Aug 20011,23189924.873.05$33,360
Jul 20011,22498823.933.20$32,449
Jun 20011,24181524.563.82$33,596
May 20011,4001,21625.524.31$40,966
Apr 20011,2421,17124.685.34$36,900
Mar 20011,1971,45324.545.38$37,186
Feb 20011,3891,87227.755.77$49,341
Jan 20011,2161,77627.478.40$48,320
Dec 20001,4341,67926.889.12$53,863
Nov 20001,0561,74732.215.66$43,898
Oct 20001,4211,51831.235.15$52,189
Sep 20001,4432,05731.875.19$56,657
Aug 20001,2111,57629.644.54$43,050
Jul 20001,4141,75228.534.09$47,507
Jun 20001,2492,08829.304.40$45,777
May 20001,4321,92727.263.68$46,127
Apr 20008022,21324.513.12$26,553
Mar 20001,2622,17328.422.86$42,080
Feb 20001,2422,19527.622.73$40,289
Jan 20001,4382,55725.272.48$42,681
Dec 19991,4252,29724.282.42$40,166
Nov 19991,2532,26023.192.43$34,558
Oct 19991,3512,46220.982.80$35,247
Sep 19991,4112,38021.752.62$36,922
Aug 19991,3902,46219.262.88$33,851
Jul 19991,3902,24417.892.37$30,191
Jun 19991,5722,25915.942.36$30,394
May 19991,0141,18515.792.32$18,761
Apr 19991,2522,20415.102.21$23,772
Mar 19991,5522,40412.471.84$23,773
Feb 19991,4222,1589.981.82$18,114
Jan 19991,2592,55510.381.90$17,923
Dec 19981,4442,4699.201.77$17,663
Nov 19981,4392,36910.892.19$20,849
Oct 19981,6141,95912.421.97$23,904
Sep 19981,2532,37412.592.08$20,719
Aug 19981,4262,83311.301.91$21,517
Jul 19981,7743,04311.742.24$27,635
Jun 19981,0672,34311.242.24$17,235
May 19981,2532,94312.622.21$22,306
Apr 19981,2602,74413.042.51$23,305
Mar 19981,2172,83412.802.31$22,123
Feb 19981,0382,14513.952.30$19,412
Jan 19988992,44514.702.15$18,484
Dec 19977232,81216.322.41$18,579
Nov 19977122,87618.193.09$21,833
Oct 19971,0822,87619.253.15$29,887
Sep 19975362,63717.742.95$17,301
Aug 19977142,59517.862.55$19,382
Jul 19978862,82917.582.25$21,932
Jun 19977192,82217.242.26$18,765
May 19978972,67318.972.31$23,187
Apr 19979032,77917.882.08$21,934
Mar 19977192,92118.951.94$19,289
Feb 19977172,68720.492.21$20,619
Jan 19977173,04523.483.54$27,614
Dec 19969003,14523.32$20,988
Nov 19967202,66921.97$15,818
Oct 19968992,92523.31$20,956
Sep 19967152,90622.22$15,887
Aug 19967032,76920.26$14,243
Jul 19968552,88319.55$16,715
Jun 19968702,79018.73$16,295
May 19967113,15919.43$13,815
Apr 19967063,02821.51$15,186
Mar 19967163,27619.38$13,876
Feb 19967253,22416.98$12,311
Jan 19969133,40617.07$15,585
Dec 19957233,35217.19$12,428
Nov 19959043,24116.00$14,464
Oct 19957193,41015.43$11,094
Sep 19958983,43616.18$14,530
Aug 19957133,61615.92$11,351
Jul 19958933,69815.24$13,609
Jun 19957463,38916.41$12,242
May 19959003,60317.56$15,804
Apr 19959013,54917.73$15,975
Mar 19958783,54316.44$14,434
Feb 19955403,08716.58$8,953
Jan 19956963,57615.92$11,080
Dec 19948813,51715.03$13,241
Nov 19947163,31815.90$11,384
Oct 19948963,54115.58$13,960
Sep 19947123,45915.29$10,886
Aug 19948813,62216.13$14,211
Jul 19947043,62517.56$12,362
Jun 19941,0413,52217.09$17,791
May 19948563,37915.88$13,593
Apr 19946953,26414.14$9,827
Mar 19948803,38012.46$10,965
Feb 19946993,22812.50$8,738
Jan 19948883,41412.66$11,242
Dec 19938883,24912.33$10,949
Nov 19938893,05014.49$12,882
Oct 19931,0663,06515.85$16,896
Sep 19931,0462,83115.03$15,721
Aug 19931,2401,75815.66$19,418
Jul 19931,682115.46$26,004
Jun 1993497116.79$8,345
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 199397017.90$1,736
Jan 19930016.93$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                  340 bbl  × $106.41 =    $36,179
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $36,179

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. 8A/O/61939 is the state's own key, not one this site invented.