SPADE B

Name: SPADE B lease production and value, Mar 2012 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CANAN MOWREY OPERATING, LLC (P-5 129008) in the ACE OF SPADES (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 69903District 8AField 00422300OilCasinghead gasSave Export

Value, all time

$37.6 M

Mar 2012 – May 2026

Value, last 12 filed months

$605 k

at the published price for each month

Months reported

171

no gaps in the span

Streams

oil, casinghead gas

The ACE OF SPADES (STRAWN) 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 5 leases and 8 wells, and the rule below applies to all of them.

Discovered

2012-03-12

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2014-02-04.

The Commission's schedule remark for this field reads: “FORMULA. CERTIFIED PRORATION PLATS REQUIRED.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	528,806 bbl	$36,933,591
Casinghead gas	Production	187,718 Mcf	$660,666
Total			$37,594,257

Wells on this lease (3)

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 33.5752, -102.2011. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

33.57501, -102.20103 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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 3 wells

With a plug date

0.0%

0 of 3 wells

Median depth

10,310 ft

3 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.

3100.0%

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 10,283 and 10,889 ft, median 10,310 ft, over the 3 wells that filed a depth.

Completions filed

Mar 2012 – Jun 2013

3 of 3 wells

3 wells


42-21937244	2	10,283 ft	Jun 2013	—	—
42-21937245	3	10,889 ft	Jul 2012	—	—
42-21937231	1R	10,310 ft	Mar 2012	—	—

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 (171)

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

171 months


May 2026	557	169	106.41	3.05	$59,785
Apr 2026	540	160	98.93	2.87	$53,881
Mar 2026	746	171	89.75	3.15	$67,492
Feb 2026	737	143	63.50	3.75	$47,336
Jan 2026	568	117	59.13	8.00	$34,522
Dec 2025	765	187	56.66	4.41	$44,170
Nov 2025	754	229	58.59	3.93	$45,076
Oct 2025	939	239	59.38	3.30	$56,548
Sep 2025	565	208	62.74	3.08	$36,088
Aug 2025	744	185	63.93	3.01	$48,122
Jul 2025	742	123	66.74	3.32	$49,929
Jun 2025	927	152	66.48	3.13	$62,103
May 2025	746	165	60.55	3.23	$45,704
Apr 2025	550	182	62.36	3.54	$34,943
Mar 2025	953	208	67.70	4.27	$65,406
Feb 2025	575	203	70.88	4.34	$41,637
Jan 2025	762	225	74.32	4.28	$57,595
Dec 2024	760	216	68.99	3.12	$53,107
Nov 2024	752	203	69.05	2.20	$52,372
Oct 2024	765	0	71.37	2.28	$54,598
Sep 2024	756	0	69.61	2.36	$52,625
Aug 2024	921	174	75.63	2.06	$70,014
Jul 2024	753	313	79.93	2.15	$60,859
Jun 2024	741	328	78.08	2.63	$58,721
May 2024	772	375	78.81	2.20	$61,666
Apr 2024	952	384	84.45	1.66	$81,034
Mar 2024	976	366	80.30	1.55	$78,938
Feb 2024	766	166	76.09	1.78	$58,581
Jan 2024	732	40	73.02	3.30	$53,583
Dec 2023	948	34	71.26	2.61	$67,643
Nov 2023	771	305	77.89	2.81	$60,910
Oct 2023	749	295	85.44	3.09	$64,905
Sep 2023	749	431	89.04	2.74	$67,870
Aug 2023	1,122	352	80.52	2.67	$91,284
Jul 2023	920	382	74.85	2.64	$69,871
Jun 2023	742	249	68.96	2.26	$51,731
May 2023	1,131	201	70.62	2.23	$80,319
Apr 2023	757	171	78.12	2.24	$59,520
Mar 2023	953	151	72.85	2.39	$69,787
Feb 2023	776	67	75.11	2.47	$58,451
Jan 2023	970	200	76.53	3.39	$74,912
Dec 2022	767	232	76.41	5.73	$59,936
Nov 2022	771	305	85.00	5.65	$67,257
Oct 2022	755	334	87.18	5.86	$67,779
Sep 2022	930	387	84.88	8.16	$82,098
Aug 2022	1,147	417	94.52	9.13	$112,220
Jul 2022	940	442	101.58	7.54	$98,819
Jun 2022	933	484	115.09	7.98	$111,240
May 2022	934	8	109.37	8.43	$102,219
Apr 2022	926	355	104.22	6.84	$98,935
Mar 2022	1,151	461	108.88	5.08	$127,661
Feb 2022	770	332	91.05	4.86	$71,722
Jan 2022	1,328	356	81.84	4.54	$110,299
Dec 2021	973	258	71.32	3.90	$70,400
Nov 2021	1,126	237	77.43	5.24	$88,427
Oct 2021	1,110	242	79.79	5.71	$89,950
Sep 2021	1,109	205	69.86	5.35	$78,572
Aug 2021	1,328	221	66.02	4.22	$88,607
Jul 2021	1,080	338	70.78	3.98	$77,788
Jun 2021	1,270	293	69.49	3.38	$89,243
May 2021	912	389	63.48	3.02	$59,068
Apr 2021	1,098	451	60.36	2.76	$67,519
Mar 2021	1,465	436	61.30	2.72	$90,989
Feb 2021	735	259	57.80	5.55	$43,920
Jan 2021	1,092	340	50.41	2.81	$56,003
Dec 2020	1,456	392	44.64	2.68	$66,045
Nov 2020	1,310	371	38.77	2.71	$51,793
Oct 2020	1,121	368	36.97	2.48	$42,355
Sep 2020	1,292	0	37.09	1.99	$47,920
Aug 2020	1,607	447	39.98	2.39	$65,314
Jul 2020	1,485	441	38.37	1.83	$57,784
Jun 2020	1,679	354	34.90	1.69	$59,195
May 2020	0	45	16.92	1.81	$82
Apr 2020	1,105	0	14.75	1.80	$16,299
Mar 2020	1,676	476	30.34	1.86	$51,733
Feb 2020	1,480	472	49.88	1.98	$74,757
Jan 2020	1,629	568	57.25	2.09	$94,450
Dec 2019	1,708	576	59.01	2.30	$102,116
Nov 2019	1,516	429	55.30	2.75	$85,015
Oct 2019	1,879	408	53.47	2.42	$101,457
Sep 2019	1,692	1,356	55.05	2.66	$96,748
Aug 2019	1,481	689	53.11	2.30	$80,244
Jul 2019	1,875	750	56.27	2.46	$107,351
Jun 2019	1,878	678	52.78	2.49	$100,810
May 2019	2,074	806	58.48	2.74	$123,496
Apr 2019	2,057	0	62.63	2.75	$128,830
Mar 2019	1,875	877	56.80	3.06	$109,185
Feb 2019	1,905	822	50.85	2.79	$99,164
Jan 2019	2,111	753	46.03	3.23	$99,600
Dec 2018	1,887	52	46.59	4.19	$88,133
Nov 2018	2,485	546	52.93	4.24	$133,845
Oct 2018	2,666	867	61.44	3.40	$166,745
Sep 2018	2,246	999	59.54	3.11	$136,832
Aug 2018	2,621	1,031	59.40	3.07	$158,849
Jul 2018	2,628	996	65.14	2.93	$174,108
Jun 2018	2,820	1,006	60.18	3.08	$172,803
May 2018	3,007	1,033	65.38	2.90	$199,594
Apr 2018	2,820	991	63.84	2.90	$182,903
Mar 2018	2,801	942	61.22	2.79	$174,102
Feb 2018	2,662	959	61.78	2.77	$167,111
Jan 2018	3,230	1,024	62.87	4.01	$207,176
Dec 2017	3,410	1,079	57.27	2.92	$198,443
Nov 2017	2,833	1,126	55.42	3.12	$160,516
Oct 2017	3,186	1,178	49.29	2.98	$160,553
Sep 2017	3,520	1,184	47.52	3.09	$170,926
Aug 2017	3,293	1,127	45.37	3.00	$152,789
Jul 2017	2,920	854	43.87	3.09	$130,737
Jun 2017	3,098	1,112	42.49	3.09	$135,067
May 2017	3,152	1,059	45.37	3.26	$146,462
Apr 2017	3,000	1,117	47.93	3.21	$147,377
Mar 2017	3,482	952	46.77	2.98	$165,694
Feb 2017	2,777	912	50.45	2.95	$142,792
Jan 2017	3,379	938	49.41	3.42	$170,163
Dec 2016	3,196	1,077	48.76	3.72	$159,846
Nov 2016	3,136	987	42.49	2.64	$135,859
Oct 2016	3,865	1,239	46.19	3.09	$182,353
Sep 2016	3,686	1,195	41.55	3.10	$156,859
Aug 2016	4,451	583	41.44	2.92	$186,154
Jul 2016	4,217	382	41.62	2.92	$176,629
Jun 2016	4,024	1,442	45.35	2.69	$186,361
May 2016	4,048	1,629	42.52	1.99	$175,364
Apr 2016	4,095	1,468	36.56	1.99	$152,636
Mar 2016	4,469	1,659	33.01	1.79	$150,498
Feb 2016	3,847	1,621	26.47	2.06	$105,175
Jan 2016	4,087	1,623	27.35	2.36	$115,617
Dec 2015	5,267	2,067	32.36	2.00	$174,577
Nov 2015	6,579	2,960	38.79	2.17	$261,615
Oct 2015	7,257	1,828	43.55	2.43	$320,478
Sep 2015	6,250	2,254	42.99	2.76	$274,905
Aug 2015	7,139	2,524	40.16	2.87	$293,952
Jul 2015	7,369	2,712	48.15	2.95	$362,804
Jun 2015	6,653	2,716	56.15	2.88	$381,396
May 2015	7,012	2,799	55.21	2.96	$395,405
Apr 2015	7,596	2,686	49.82	2.71	$385,703
Mar 2015	7,452	2,944	42.89	2.93	$328,256
Feb 2015	7,122	2,894	44.66	2.98	$326,682
Jan 2015	7,642	2,931	43.43	3.10	$340,980
Dec 2014	8,584	3,108	54.69	3.59	$480,621
Nov 2014	7,648	3,473	70.46	4.25	$553,645
Oct 2014	8,507	4,192	78.30	3.90	$682,451
Sep 2014	8,839	3,115	86.16	4.05	$774,170
Aug 2014	6,844	3,121	89.39	4.04	$624,379
Jul 2014	10,658	4,292	96.56	4.18	$1,047,075
Jun 2014	10,347	4,499	98.16	4.74	$1,036,973
May 2014	9,443	4,010	94.73	4.73	$913,489
Apr 2014	9,829	4,288	95.94	4.81	$963,616
Mar 2014	9,737	4,175	95.89	5.06	$954,793
Feb 2014	7,774	2,882	97.40	6.19	$775,033
Jan 2014	9,549	4,016	90.40	4.86	$882,750
Dec 2013	10,259	3,182	91.82	4.35	$955,837
Nov 2013	9,134	3,933	88.85	3.74	$826,259
Oct 2013	11,718	2,062	97.42	3.78	$1,149,361
Sep 2013	9,511	3,540	104.11	3.72	$1,003,351
Aug 2013	9,644	4,052	104.25	3.52	$1,019,661
Jul 2013	8,834	3,699	102.52	3.72	$919,414
Jun 2013	4,305	2,244	94.40	3.93	$415,219
May 2013	4,507	2,156	94.83	4.15	$436,344
Apr 2013	6,005	2,386	93.96	4.28	$574,448
Mar 2013	4,999	1,959	93.62	3.91	$475,672
Feb 2013	4,184	1,936	91.23	3.42	$388,327
Jan 2013	4,991	1,797	91.60	3.42	$463,321
Dec 2012	4,819	1,951	86.77	3.42	$424,817
Nov 2012	4,610	2,098	86.95	3.62	$408,445
Oct 2012	4,979	1,773	89.38	3.40	$451,051
Sep 2012	5,124	2,201	94.67	2.92	$491,512
Aug 2012	5,257	2,353	92.66	2.91	$493,957
Jul 2012	3,026	1,592	85.13	3.02	$262,412
Jun 2012	3,011	0	79.82	2.52	$240,338
May 2012	3,574	0	91.61	2.49	$327,414
Apr 2012	3,229	0	101.65	2.00	$328,228
Mar 2012	0	0	105.05	2.22	$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                  557 bbl  × $106.41 =    $59,270
Casinghead gas       169 Mcf  × $  3.05 =       $515

────────────────────────────────────────────────────
Month total                                  $59,785

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/69903 is the state's own key, not one this site invented.