CRESPI "D"

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 22752District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$99 k
Jan 1993 – Feb 1998
Value, last 12 filed months
$653
at the published price for each month
Months reported
62
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.

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
OilDisposition5,798 bbl$98,599
Casinghead gasProduction22,708 Mcf$0
Total$98,599

22,708 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 (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 31.9299, -101.9587. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.92987, -101.95872 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,105 ft
2 wells filed one
Completion to plug
20.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 9,104 and 9,106 ft, median 9,105 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1973
2 of 2 wells
Plug dates filed
Nov 1989 – Jul 1997
2 of 2 wells

Last completion to plug: a median of 20.5 years across the 2 wells that filed both dates, with the middle half between 18.6 years and 22.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3293020829,104 ftMar 1973Jul 1997Yes
42-3293020119,106 ftMar 1973Nov 1989Yes

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 (62)

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

62 months

Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 199740016.322.41$653
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 199611822723.32$2,752
Nov 1996023921.97$0
Oct 1996044223.31$0
Sep 199621543822.22$4,777
Aug 199625549520.26$5,166
Jul 1996033919.55$0
Jun 1996033618.73$0
May 199624441819.43$4,741
Apr 199624239421.51$5,205
Mar 1996032919.38$0
Feb 1996042816.98$0
Jan 199623156617.07$3,943
Dec 199539545417.19$6,790
Nov 1995041316.00$0
Oct 1995037815.43$0
Sep 1995038316.18$0
Aug 199542352415.92$6,734
Jul 1995066715.24$0
Jun 1995061116.41$0
May 199542659517.56$7,481
Apr 1995064117.73$0
Mar 1995062116.44$0
Feb 1995047616.58$0
Jan 199541362815.92$6,575
Dec 1994067015.03$0
Nov 1994056315.90$0
Oct 199439760415.58$6,185
Sep 1994053215.29$0
Aug 1994050316.13$0
Jul 199439856117.56$6,989
Jun 1994068017.09$0
May 1994053115.88$0
Apr 199438644114.14$5,458
Mar 1994029112.46$0
Feb 1994030712.50$0
Jan 1994036112.66$0
Dec 199337449512.33$4,611
Nov 1993053214.49$0
Oct 1993050615.85$0
Sep 199344935215.03$6,748
Aug 1993039615.66$0
Jul 1993043715.46$0
Jun 199342844816.79$7,186
May 1993049817.68$0
Apr 1993056918.05$0
Mar 199336446618.14$6,603
Feb 1993042917.90$0
Jan 1993049416.93$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.

Dec 1997 — as filed, then multipliedworked
Oil                   40 bbl  × $ 16.32 =       $653
Casinghead gas         0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                     $653

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/22752 is the state's own key, not one this site invented.