BUCHANAN -L-

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 21715District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.2 M
Jan 1993 – Apr 2020
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
328
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition101,674 bbl$3,691,462
Casinghead gasProduction430,665 Mcf$1,557,910
Total$5,249,371

104,936 Mcf of this lease's gas, across 48 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 (4)

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 31.9461, -101.8865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.94640, -101.88676 · 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
100.0%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
8,935 ft
4 wells filed one
Completion to plug
18.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,900 and 8,950 ft, median 8,935 ft, over the 4 wells that filed a depth.

Completions filed
Apr 1984 – Mar 2015
2 of 4 wells; 2 filed none
Plug dates filed
Jul 1984 – Nov 2019
4 of 4 wells

Last completion to plug: a median of 18.9 years across the 2 wells that filed both dates, with the middle half between 10.6 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3293004918,950 ftJul 1984Yes
42-3293007028,950 ftJul 1984Yes
42-3293136648,920 ftMar 2015Jun 2017Yes
42-3293126138,900 ftApr 1984Nov 2019Yes

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 (328)

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

328 months

Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020143049.881.98$7,133
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019022956.272.46$563
Jun 201916122252.782.49$9,051
May 2019022958.482.74$628
Apr 2019022262.632.75$611
Mar 2019222956.803.06$815
Feb 201916520750.852.79$8,968
Jan 2019022946.033.23$739
Dec 2018022946.594.19$958
Nov 2018217852.934.24$860
Oct 2018022261.443.40$754
Sep 2018022259.543.11$690
Aug 2018022959.403.07$702
Jul 2018022265.142.93$651
Jun 20180060.183.08$0
May 2018022965.382.90$664
Apr 2018022263.842.90$644
Mar 2018022961.222.79$638
Feb 2018020761.782.77$573
Jan 201816122962.874.01$11,040
Dec 2017022957.272.92$669
Nov 2017022255.423.12$692
Oct 2017023249.292.98$692
Sep 2017022547.523.09$695
Aug 2017024645.373.00$739
Jul 201716322943.873.09$7,858
Jun 2017322242.493.09$813
May 2017022945.373.26$747
Apr 2017022247.933.21$713
Mar 2017022946.772.98$683
Feb 2017020750.452.95$611
Jan 2017022949.413.42$783
Dec 2016022948.763.72$853
Nov 2016022242.492.64$587
Oct 2016022946.193.09$708
Sep 2016022741.553.10$704
Aug 2016022941.442.92$670
Jul 201615522941.622.92$7,121
Jun 201617125045.352.69$8,426
May 2016026742.521.99$532
Apr 2016025436.561.99$506
Mar 2016026333.011.79$472
Feb 2016021526.472.06$444
Jan 2016022927.352.36$541
Dec 2015022932.362.00$458
Nov 2015022238.792.17$481
Oct 2015022943.552.43$556
Sep 2015022242.992.76$612
Aug 2015022940.162.87$658
Jul 2015025848.152.95$760
Jun 201518247156.152.88$11,577
May 201518258355.212.96$11,771
Apr 2015052549.822.71$1,421
Mar 2015030142.892.93$883
Feb 2015022744.662.98$676
Jan 2015038943.433.10$1,206
Dec 201417035654.693.59$10,576
Nov 2014036870.464.25$1,565
Oct 201417043178.303.90$14,992
Sep 201417038786.164.05$16,213
Aug 2014048389.394.04$1,949
Jul 201419548196.564.18$20,840
Jun 2014044898.164.74$2,122
May 2014046694.734.73$2,203
Apr 2014041895.944.81$2,010
Mar 201437435895.895.06$37,673
Feb 2014041597.406.19$2,570
Jan 2014046990.404.86$2,280
Dec 201337842091.824.35$36,537
Nov 2013067388.853.74$2,516
Oct 20133731,09697.423.78$40,480
Sep 20130896104.113.72$3,331
Aug 20133491,155104.253.52$40,452
Jul 20131801,110102.523.72$22,580
Jun 201318993194.403.93$21,504
May 201335175594.834.15$36,418
Apr 2013090193.964.28$3,859
Mar 201335794793.623.91$37,128
Feb 2013080591.233.42$2,753
Jan 201336490291.603.42$36,427
Dec 2012082286.773.42$2,811
Nov 201238184086.953.62$36,173
Oct 2012098989.383.40$3,362
Sep 20123701,03594.672.92$38,048
Aug 2012090992.662.91$2,644
Jul 201235663385.133.02$32,218
Jun 201201,03979.822.52$2,617
May 20123601,08491.612.49$35,677
Apr 201201,119101.652.00$2,234
Mar 20123601,193105.052.22$40,469
Feb 201201,134101.102.57$2,915
Jan 20123651,23598.092.73$39,179
Dec 20113641,25296.873.24$39,317
Nov 201101,12595.723.31$3,725
Oct 20113581,26584.983.65$35,038
Sep 20117291,19683.623.99$65,726
Aug 20111691,41083.404.15$19,945
Jul 201101,20994.144.52$5,461
Jun 201150495992.904.64$51,271
May 201101,07698.134.40$4,740
Apr 2011174944105.964.33$22,528
Mar 201117197596.364.06$20,433
Feb 201101,02985.644.18$4,301
Jan 20113461,15586.504.59$35,229
Dec 20103421,13285.734.35$34,241
Nov 201001,25680.843.80$4,767
Oct 20103611,31978.103.51$32,822
Sep 20107051,16372.633.98$55,832
Aug 201001,30773.684.42$5,776
Jul 20101731,36772.554.74$19,026
Jun 20101701,33770.364.91$18,526
May 20101671,22471.124.24$17,061
Apr 20101721,12181.694.12$18,672
Mar 20101671,07178.394.39$17,791
Feb 20101741,22673.585.44$19,475
Jan 20103431,36374.365.96$33,635
Dec 20093671,46071.445.48$34,225
Nov 20093391,47374.593.75$30,812
Oct 20093441,54172.544.11$31,288
Sep 20093621,50665.543.06$28,341
Aug 200901,53767.423.22$4,947
Jul 20093391,72061.133.46$26,682
Jun 20093371,46366.163.90$27,994
May 20093411,27754.743.93$23,680
Apr 200901,56046.773.59$5,597
Mar 20093421,57442.144.06$20,801
Feb 20093581,39532.814.63$18,209
Jan 20093651,61335.865.37$21,752
Dec 20083531,54537.105.98$22,331
Nov 200801,44855.496.86$9,934
Oct 20083541,59975.246.92$37,703
Sep 20083581,639101.767.88$49,341
Aug 20083481,653114.228.48$53,771
Jul 200801,821131.0811.39$20,740
Jun 20083401,695131.3313.03$66,743
May 20083471,906123.1711.57$64,801
Apr 20083531,554110.3110.45$55,186
Mar 20083481,498101.909.66$49,938
Feb 200801,48292.538.77$12,998
Jan 20083491,44490.388.21$43,392
Dec 20073531,53488.337.30$42,382
Nov 200701,66591.677.29$12,141
Oct 20073541,79182.856.92$41,726
Sep 20073481,39575.846.24$35,103
Aug 200701,65169.066.39$10,546
Jul 20073751,73470.906.39$37,664
Jun 20073501,63262.007.55$34,019
May 20073661,68558.747.85$34,720
Apr 200701,63959.617.81$12,793
Mar 20077121,65456.927.30$52,605
Feb 200701,38855.108.22$11,404
Jan 20073701,49750.306.73$28,681
Dec 20063701,57456.656.92$31,850
Nov 200601,63954.207.62$12,485
Oct 20063641,59254.906.01$29,558
Sep 20065441,51260.085.04$40,300
Aug 200601,52068.717.34$11,157
Jul 20063591,61269.376.34$35,128
Jun 20063551,60166.286.38$33,750
May 20063701,74166.016.42$35,610
Apr 20063601,51364.397.36$34,317
Mar 20063711,62256.707.08$32,524
Feb 20063611,45957.597.75$32,099
Jan 20061851,58660.598.93$25,377
Dec 20055451,59354.9413.42$51,313
Nov 20053641,58054.6910.59$36,637
Oct 200501,63058.3413.80$22,487
Sep 20053691,36761.4512.08$39,187
Aug 20053561,54461.519.80$37,024
Jul 20053571,65855.697.84$32,886
Jun 20053591,62452.337.38$30,773
May 20053561,58845.226.65$26,660
Apr 20053641,63149.207.36$29,914
Mar 20053661,70950.377.15$30,663
Feb 20053671,22545.226.31$24,328
Jan 200501,33343.166.32$8,427
Dec 20043641,30339.866.75$23,306
Nov 200401,37245.286.33$8,685
Oct 20043621,63049.706.52$28,611
Sep 20043601,64143.245.28$24,237
Aug 20043631,66842.375.55$24,639
Jul 20043531,72338.286.08$23,996
Jun 20043611,71836.106.43$24,084
May 20043581,70837.486.49$24,511
Apr 20043661,69234.475.86$22,529
Mar 20043661,74834.365.53$22,242
Feb 20043701,61132.455.51$20,883
Jan 20043671,61632.036.30$21,935
Dec 20033881,68630.266.30$22,365
Nov 20034201,66128.804.60$19,729
Oct 20033901,73728.174.76$19,254
Sep 20033841,68626.314.75$18,110
Aug 20033571,73629.765.13$19,530
Jul 20033731,71729.415.17$19,848
Jun 20033461,61728.565.98$19,556
May 20033211,68526.595.97$18,599
Apr 20033481,56726.675.41$17,754
Mar 20034141,57631.146.10$22,499
Feb 20033561,39533.487.93$22,975
Jan 20033531,54530.315.58$19,324
Dec 20023601,48326.914.85$16,886
Nov 20023941,53524.664.14$16,066
Oct 20023461,61126.464.23$15,968
Sep 20024031,59627.443.64$16,860
Aug 20026971,73025.963.16$23,568
Jul 200201,71424.583.06$5,248
Jun 20027061,65423.733.34$22,275
May 20023911,76024.663.58$15,950
Apr 20023961,67923.653.51$15,263
Mar 20024541,57722.003.10$14,881
Feb 200201,47018.222.38$3,492
Jan 20024691,55117.172.38$11,737
Dec 20014631,48216.932.36$11,343
Nov 20014691,62318.072.41$12,379
Oct 20014191,70819.782.53$12,607
Sep 20014781,68524.262.25$15,390
Aug 20013761,72924.873.05$14,630
Jul 20014341,68523.933.20$15,773
Jun 20014351,71324.563.82$17,234
May 20013911,75225.524.31$17,525
Apr 20014721,56424.685.34$19,993
Mar 20014691,63124.545.38$20,278
Feb 20014561,49227.755.77$21,258
Jan 20013901,67027.478.40$24,739
Dec 20009001,76926.889.12$40,330
Nov 20004581,88032.215.66$25,389
Oct 20004061,87931.235.15$22,348
Sep 200001,49331.875.19$7,743
Aug 20004371,37629.644.54$19,201
Jul 20004491,34928.534.09$18,327
Jun 20009071,33829.304.40$32,459
May 200001,38227.263.68$5,085
Apr 20008711,43424.513.12$25,817
Mar 200001,42528.422.86$4,075
Feb 20004871,59827.622.73$17,808
Jan 20004621,58425.272.48$15,604
Dec 19999461,53324.282.42$26,684
Nov 19994671,55223.192.43$14,607
Oct 199901,49920.982.80$4,203
Sep 19994871,57121.752.62$14,706
Aug 19994841,34719.262.88$13,195
Jul 19994821,38617.892.37$11,911
Jun 19994881,21115.942.36$10,639
May 19994881,61315.792.32$11,449
Apr 19994911,47815.102.21$10,678
Mar 19994901,57612.471.84$9,008
Feb 19994921,4849.981.82$7,608
Jan 19994751,68410.381.90$8,130
Dec 19984941,5829.201.77$7,350
Nov 19984931,63910.892.19$8,951
Oct 19984901,76412.421.97$9,559
Sep 19984861,84212.592.08$9,955
Aug 19984861,91811.301.91$9,150
Jul 19984851,97411.742.24$10,110
Jun 19983751,97511.242.24$8,634
May 19984822,07012.622.21$10,650
Apr 19989451,88713.042.51$17,050
Mar 19983681,88712.802.31$9,068
Feb 19984521,62513.952.30$10,041
Jan 19984882,14914.702.15$11,804
Dec 19974861,94316.322.41$12,616
Nov 19974931,85218.193.09$14,687
Oct 19974892,12819.253.15$16,116
Sep 19974842,10217.742.95$14,797
Aug 19974292,19917.862.55$13,280
Jul 19974832,16617.582.25$13,358
Jun 19974872,18917.242.26$13,337
May 19974852,16418.972.31$14,196
Apr 19974882,15017.882.08$13,203
Mar 19978002,10518.951.94$19,242
Feb 19974911,92920.492.21$14,316
Jan 19974942,17823.483.54$19,309
Dec 19968652,20723.32$20,172
Nov 19964902,21221.97$10,765
Oct 19964722,37823.31$11,002
Sep 19963592,39922.22$7,977
Aug 19969682,47720.26$19,612
Jul 19964832,55719.55$9,443
Jun 19964842,45018.73$9,065
May 19963722,21019.43$7,228
Apr 19969472,13521.51$20,370
Mar 19963752,38819.38$7,268
Feb 19967182,32816.98$12,192
Jan 19964522,51817.07$7,716
Dec 19957392,40317.19$12,703
Nov 19954392,19416.00$7,024
Oct 19959012,49415.43$13,902
Sep 19958332,39916.18$13,478
Aug 19953192,47415.92$5,078
Jul 19953782,57815.24$5,761
Jun 19958792,62416.41$14,424
May 19954722,53917.56$8,288
Apr 19958342,29617.73$14,787
Mar 19956362,43416.44$10,456
Feb 19954652,06816.58$7,710
Jan 19954652,24715.92$7,403
Dec 19947322,17515.03$11,002
Nov 19948212,13315.90$13,054
Oct 19944362,30615.58$6,793
Sep 19948412,20715.29$12,859
Aug 19944502,47816.13$7,259
Jul 19943732,33717.56$6,550
Jun 19949072,55217.09$15,501
May 19944492,54415.88$7,130
Apr 19945512,38214.14$7,791
Mar 19947982,25612.46$9,943
Feb 19944592,08312.50$5,738
Jan 19949121,97512.66$11,546
Dec 19938671,59712.33$10,690
Nov 19934431,66214.49$6,419
Oct 19934391,87315.85$6,958
Sep 19938971,61115.03$13,482
Aug 19934421,51515.66$6,922
Jul 19939021,59715.46$13,945
Jun 19934641,66116.79$7,791
May 19938961,80017.68$15,841
Apr 19934832,16318.05$8,718
Mar 19938582,07318.14$15,564
Feb 19934121,55617.90$7,375
Jan 19936641,39116.93$11,242

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.

Feb 2020 — as filed, then multipliedworked
Oil                  143 bbl  × $ 49.88 =     $7,133
Casinghead gas         0 Mcf  × $  1.98 =         $0

────────────────────────────────────────────────────
Month total                                   $7,133

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. 08/O/21715 is the state's own key, not one this site invented.