SALE RANCH -O-

Name: SALE RANCH -O- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 22978District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$2.3 M

Jan 1993 – Apr 2020

Value, last 12 filed months

at the published price for each month

Months reported

328

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	56,947 bbl	$2,034,540
Casinghead gas	Production	68,004 Mcf	$235,481
Total			$2,270,021

15,912 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 32.2216, -101.9450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.22156, -101.94497 · 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

100.0%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

9,218 ft

4 wells filed one

Completion to plug

31.1 years

median over 3 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 9,175 and 9,280 ft, median 9,218 ft, over the 4 wells that filed a depth.

Completions filed

Nov 1973 – Aug 2018

3 of 4 wells; 1 filed none

Plug dates filed

Aug 1988 – Oct 2019

4 of 4 wells

Last completion to plug: a median of 31.1 years across the 3 wells that filed both dates, with the middle half between 16.2 years and 32.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-31731047	2	9,175 ft	—	Aug 1988	Yes
42-31733037	3	9,280 ft	Aug 2018	Oct 2019	Yes
42-31733035	4	9,260 ft	Dec 1984	Jun 2018	Yes
42-31731048	1	9,175 ft	Nov 1973	Dec 2004	Yes

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 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	22	0	59.54	3.11	$1,310
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	167	0	65.38	2.90	$10,918
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	172	0	61.22	2.79	$10,530
Feb 2018	0	78	61.78	2.77	$216
Jan 2018	366	216	62.87	4.01	$23,876
Dec 2017	702	296	57.27	2.92	$41,068
Nov 2017	540	322	55.42	3.12	$30,931
Oct 2017	0	49	49.29	2.98	$146
Sep 2017	177	127	47.52	3.09	$8,803
Aug 2017	355	103	45.37	3.00	$16,416
Jul 2017	0	146	43.87	3.09	$451
Jun 2017	356	158	42.49	3.09	$15,614
May 2017	175	160	45.37	3.26	$8,462
Apr 2017	178	135	47.93	3.21	$8,965
Mar 2017	359	156	46.77	2.98	$17,256
Feb 2017	178	136	50.45	2.95	$9,382
Jan 2017	179	135	49.41	3.42	$9,306
Dec 2016	349	123	48.76	3.72	$17,475
Nov 2016	353	157	42.49	2.64	$15,414
Oct 2016	176	180	46.19	3.09	$8,686
Sep 2016	329	188	41.55	3.10	$14,253
Aug 2016	338	195	41.44	2.92	$14,577
Jul 2016	349	118	41.62	2.92	$14,870
Jun 2016	533	197	45.35	2.69	$24,701
May 2016	355	189	42.52	1.99	$15,471
Apr 2016	176	115	36.56	1.99	$6,664
Mar 2016	178	109	33.01	1.79	$6,071
Feb 2016	186	102	26.47	2.06	$5,134
Jan 2016	356	103	27.35	2.36	$9,980
Dec 2015	4	106	32.36	2.00	$342
Nov 2015	173	104	38.79	2.17	$6,936
Oct 2015	177	111	43.55	2.43	$7,978
Sep 2015	180	74	42.99	2.76	$7,942
Aug 2015	352	102	40.16	2.87	$14,429
Jul 2015	0	85	48.15	2.95	$250
Jun 2015	0	36	56.15	2.88	$104
May 2015	178	72	55.21	2.96	$10,040
Apr 2015	0	68	49.82	2.71	$184
Mar 2015	182	18	42.89	2.93	$7,859
Feb 2015	0	21	44.66	2.98	$63
Jan 2015	0	12	43.43	3.10	$37
Dec 2014	178	0	54.69	3.59	$9,735
Nov 2014	0	5	70.46	4.25	$21
Oct 2014	177	15	78.30	3.90	$13,918
Sep 2014	0	57	86.16	4.05	$231
Aug 2014	178	32	89.39	4.04	$16,041
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	182	39	98.16	4.74	$18,050
May 2014	182	14	94.73	4.73	$17,307
Apr 2014	543	36	95.94	4.81	$52,269
Mar 2014	548	61	95.89	5.06	$52,856
Feb 2014	0	24	97.40	6.19	$149
Jan 2014	0	46	90.40	4.86	$224
Dec 2013	190	37	91.82	4.35	$17,607
Nov 2013	0	43	88.85	3.74	$161
Oct 2013	0	28	97.42	3.78	$106
Sep 2013	179	18	104.11	3.72	$18,703
Aug 2013	1	45	104.25	3.52	$263
Jul 2013	0	31	102.52	3.72	$115
Jun 2013	177	0	94.40	3.93	$16,709
May 2013	0	14	94.83	4.15	$58
Apr 2013	0	26	93.96	4.28	$111
Mar 2013	180	40	93.62	3.91	$17,008
Feb 2013	0	50	91.23	3.42	$171
Jan 2013	0	53	91.60	3.42	$181
Dec 2012	0	40	86.77	3.42	$137
Nov 2012	177	31	86.95	3.62	$15,503
Oct 2012	0	10	89.38	3.40	$34
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	182	0	85.13	3.02	$15,494
Jun 2012	0	14	79.82	2.52	$35
May 2012	0	127	91.61	2.49	$316
Apr 2012	180	139	101.65	2.00	$18,575
Mar 2012	0	120	105.05	2.22	$267
Feb 2012	181	135	101.10	2.57	$18,646
Jan 2012	0	147	98.09	2.73	$402
Dec 2011	181	143	96.87	3.24	$17,997
Nov 2011	0	133	95.72	3.31	$440
Oct 2011	184	129	84.98	3.65	$16,107
Sep 2011	0	89	83.62	3.99	$355
Aug 2011	179	261	83.40	4.15	$16,012
Jul 2011	0	172	94.14	4.52	$777
Jun 2011	0	120	92.90	4.64	$557
May 2011	180	172	98.13	4.40	$18,421
Apr 2011	0	167	105.96	4.33	$724
Mar 2011	180	167	96.36	4.06	$18,022
Feb 2011	184	115	85.64	4.18	$16,238
Jan 2011	182	162	86.50	4.59	$16,486
Dec 2010	0	167	85.73	4.35	$726
Nov 2010	183	161	80.84	3.80	$15,405
Oct 2010	0	176	78.10	3.51	$618
Sep 2010	178	175	72.63	3.98	$13,625
Aug 2010	186	188	73.68	4.42	$14,535
Jul 2010	0	170	72.55	4.74	$805
Jun 2010	0	180	70.36	4.91	$884
May 2010	176	180	71.12	4.24	$13,279
Apr 2010	0	175	81.69	4.12	$721
Mar 2010	179	181	78.39	4.39	$14,826
Feb 2010	181	146	73.58	5.44	$14,113
Jan 2010	0	179	74.36	5.96	$1,068
Dec 2009	185	178	71.44	5.48	$14,193
Nov 2009	178	173	74.59	3.75	$13,926
Oct 2009	0	208	72.54	4.11	$855
Sep 2009	177	195	65.54	3.06	$12,198
Aug 2009	0	205	67.42	3.22	$660
Jul 2009	181	204	61.13	3.46	$11,771
Jun 2009	0	179	66.16	3.90	$697
May 2009	187	198	54.74	3.93	$11,014
Apr 2009	0	161	46.77	3.59	$578
Mar 2009	181	214	42.14	4.06	$8,496
Feb 2009	180	175	32.81	4.63	$6,717
Jan 2009	0	59	35.86	5.37	$317
Dec 2008	176	81	37.10	5.98	$7,014
Nov 2008	0	25	55.49	6.86	$172
Oct 2008	178	17	75.24	6.92	$13,510
Sep 2008	183	42	101.76	7.88	$18,953
Aug 2008	0	146	114.22	8.48	$1,239
Jul 2008	0	157	131.08	11.39	$1,788
Jun 2008	163	81	131.33	13.03	$22,462
May 2008	0	46	123.17	11.57	$532
Apr 2008	175	37	110.31	10.45	$19,691
Mar 2008	180	37	101.90	9.66	$18,700
Feb 2008	0	34	92.53	8.77	$298
Jan 2008	178	65	90.38	8.21	$16,621
Dec 2007	0	120	88.33	7.30	$876
Nov 2007	181	130	91.67	7.29	$17,540
Oct 2007	0	124	82.85	6.92	$858
Sep 2007	0	107	75.84	6.24	$668
Aug 2007	178	0	69.06	6.39	$12,293
Jul 2007	0	108	70.90	6.39	$690
Jun 2007	178	159	62.00	7.55	$12,236
May 2007	0	161	58.74	7.85	$1,263
Apr 2007	176	169	59.61	7.81	$11,810
Mar 2007	0	162	56.92	7.30	$1,183
Feb 2007	183	153	55.10	8.22	$11,340
Jan 2007	183	205	50.30	6.73	$10,584
Dec 2006	0	193	56.65	6.92	$1,335
Nov 2006	181	124	54.20	7.62	$10,755
Oct 2006	0	155	54.90	6.01	$932
Sep 2006	0	267	60.08	5.04	$1,345
Aug 2006	178	289	68.71	7.34	$14,352
Jul 2006	0	322	69.37	6.34	$2,042
Jun 2006	179	303	66.28	6.38	$13,798
May 2006	0	309	66.01	6.42	$1,985
Apr 2006	182	297	64.39	7.36	$13,905
Mar 2006	180	301	56.70	7.08	$12,338
Feb 2006	0	259	57.59	7.75	$2,008
Jan 2006	182	294	60.59	8.93	$13,654
Dec 2005	0	286	54.94	13.42	$3,837
Nov 2005	185	281	54.69	10.59	$13,093
Oct 2005	0	321	58.34	13.80	$4,428
Sep 2005	183	300	61.45	12.08	$14,869
Aug 2005	184	380	61.51	9.80	$15,041
Jul 2005	0	296	55.69	7.84	$2,322
Jun 2005	0	364	52.33	7.38	$2,687
May 2005	178	369	45.22	6.65	$10,503
Apr 2005	0	350	49.20	7.36	$2,576
Mar 2005	182	367	50.37	7.15	$11,793
Feb 2005	0	331	45.22	6.31	$2,089
Jan 2005	268	295	43.16	6.32	$13,432
Dec 2004	0	288	39.86	6.75	$1,944
Nov 2004	0	308	45.28	6.33	$1,950
Oct 2004	178	345	49.70	6.52	$11,094
Sep 2004	0	349	43.24	5.28	$1,844
Aug 2004	183	343	42.37	5.55	$9,658
Jul 2004	0	350	38.28	6.08	$2,129
Jun 2004	178	332	36.10	6.43	$8,562
May 2004	182	277	37.48	6.49	$8,620
Apr 2004	1	301	34.47	5.86	$1,798
Mar 2004	175	306	34.36	5.53	$7,705
Feb 2004	0	290	32.45	5.51	$1,598
Jan 2004	172	321	32.03	6.30	$7,531
Dec 2003	0	289	30.26	6.30	$1,821
Nov 2003	181	294	28.80	4.60	$6,564
Oct 2003	0	341	28.17	4.76	$1,623
Sep 2003	174	289	26.31	4.75	$5,951
Aug 2003	176	369	29.76	5.13	$7,131
Jul 2003	0	330	29.41	5.17	$1,706
Jun 2003	165	326	28.56	5.98	$6,663
May 2003	0	363	26.59	5.97	$2,168
Apr 2003	176	326	26.67	5.41	$6,457
Mar 2003	0	330	31.14	6.10	$2,012
Feb 2003	169	298	33.48	7.93	$8,020
Jan 2003	0	333	30.31	5.58	$1,859
Dec 2002	156	371	26.91	4.85	$5,999
Nov 2002	180	338	24.66	4.14	$5,837
Oct 2002	0	309	26.46	4.23	$1,307
Sep 2002	165	304	27.44	3.64	$5,633
Aug 2002	182	503	25.96	3.16	$6,316
Jul 2002	358	523	24.58	3.06	$10,401
Jun 2002	188	517	23.73	3.34	$6,187
May 2002	185	450	24.66	3.58	$6,175
Apr 2002	361	440	23.65	3.51	$10,083
Mar 2002	360	504	22.00	3.10	$9,484
Feb 2002	181	449	18.22	2.38	$4,365
Jan 2002	352	473	17.17	2.38	$7,168
Dec 2001	370	473	16.93	2.36	$7,382
Nov 2001	173	470	18.07	2.41	$4,257
Oct 2001	352	506	19.78	2.53	$8,242
Sep 2001	346	477	24.26	2.25	$9,468
Aug 2001	341	515	24.87	3.05	$10,053
Jul 2001	355	490	23.93	3.20	$10,062
Jun 2001	169	454	24.56	3.82	$5,887
May 2001	349	444	25.52	4.31	$10,819
Apr 2001	522	398	24.68	5.34	$15,006
Mar 2001	178	266	24.54	5.38	$5,798
Feb 2001	174	167	27.75	5.77	$5,792
Jan 2001	357	248	27.47	8.40	$11,890
Dec 2000	362	209	26.88	9.12	$11,637
Nov 2000	174	221	32.21	5.66	$6,855
Oct 2000	343	336	31.23	5.15	$12,441
Sep 2000	332	321	31.87	5.19	$12,246
Aug 2000	176	333	29.64	4.54	$6,729
Jul 2000	282	247	28.53	4.09	$9,056
Jun 2000	354	7	29.30	4.40	$10,403
May 2000	151	67	27.26	3.68	$4,363
Apr 2000	362	185	24.51	3.12	$9,449
Mar 2000	336	169	28.42	2.86	$10,032
Feb 2000	176	256	27.62	2.73	$5,559
Jan 2000	338	349	25.27	2.48	$9,407
Dec 1999	339	144	24.28	2.42	$8,580
Nov 1999	165	249	23.19	2.43	$4,432
Oct 1999	341	354	20.98	2.80	$8,147
Sep 1999	178	356	21.75	2.62	$4,804
Aug 1999	321	358	19.26	2.88	$7,212
Jul 1999	316	327	17.89	2.37	$6,429
Jun 1999	333	329	15.94	2.36	$6,085
May 1999	165	347	15.79	2.32	$3,411
Apr 1999	329	316	15.10	2.21	$5,666
Mar 1999	174	140	12.47	1.84	$2,427
Feb 1999	355	213	9.98	1.82	$3,930
Jan 1999	350	276	10.38	1.90	$4,157
Dec 1998	326	294	9.20	1.77	$3,521
Nov 1998	169	343	10.89	2.19	$2,590
Oct 1998	350	271	12.42	1.97	$4,881
Sep 1998	151	277	12.59	2.08	$2,478
Aug 1998	341	214	11.30	1.91	$4,261
Jul 1998	353	186	11.74	2.24	$4,560
Jun 1998	336	194	11.24	2.24	$4,211
May 1998	314	202	12.62	2.21	$4,408
Apr 1998	338	140	13.04	2.51	$4,758
Mar 1998	162	221	12.80	2.31	$2,584
Feb 1998	518	306	13.95	2.30	$7,930
Jan 1998	355	335	14.70	2.15	$5,940
Dec 1997	140	219	16.32	2.41	$2,813
Nov 1997	340	302	18.19	3.09	$7,117
Oct 1997	354	305	19.25	3.15	$7,775
Sep 1997	346	216	17.74	2.95	$6,776
Aug 1997	332	190	17.86	2.55	$6,415
Jul 1997	323	265	17.58	2.25	$6,274
Jun 1997	339	280	17.24	2.26	$6,476
May 1997	351	366	18.97	2.31	$7,503
Apr 1997	354	312	17.88	2.08	$6,979
Mar 1997	345	351	18.95	1.94	$7,218
Feb 1997	353	317	20.49	2.21	$7,932
Jan 1997	364	335	23.48	3.54	$9,733
Dec 1996	346	328	23.32	—	$8,069
Nov 1996	348	302	21.97	—	$7,646
Oct 1996	522	349	23.31	—	$12,168
Sep 1996	171	284	22.22	—	$3,800
Aug 1996	334	481	20.26	—	$6,767
Jul 1996	504	474	19.55	—	$9,853
Jun 1996	166	489	18.73	—	$3,109
May 1996	488	382	19.43	—	$9,482
Apr 1996	172	291	21.51	—	$3,700
Mar 1996	333	313	19.38	—	$6,454
Feb 1996	166	250	16.98	—	$2,819
Jan 1996	508	80	17.07	—	$8,672
Dec 1995	170	148	17.19	—	$2,922
Nov 1995	351	163	16.00	—	$5,616
Oct 1995	338	199	15.43	—	$5,215
Sep 1995	318	197	16.18	—	$5,145
Aug 1995	166	236	15.92	—	$2,643
Jul 1995	160	307	15.24	—	$2,438
Jun 1995	315	327	16.41	—	$5,169
May 1995	346	360	17.56	—	$6,076
Apr 1995	167	305	17.73	—	$2,961
Mar 1995	330	259	16.44	—	$5,425
Feb 1995	334	261	16.58	—	$5,538
Jan 1995	306	381	15.92	—	$4,872
Dec 1994	161	431	15.03	—	$2,420
Nov 1994	336	443	15.90	—	$5,342
Oct 1994	517	386	15.58	—	$8,055
Sep 1994	505	439	15.29	—	$7,721
Aug 1994	344	554	16.13	—	$5,549
Jul 1994	332	303	17.56	—	$5,830
Jun 1994	334	322	17.09	—	$5,708
May 1994	334	347	15.88	—	$5,304
Apr 1994	0	297	14.14	—	$0
Mar 1994	195	209	12.46	—	$2,430
Feb 1994	0	213	12.50	—	$0
Jan 1994	157	228	12.66	—	$1,988
Dec 1993	519	296	12.33	—	$6,399
Nov 1993	0	389	14.49	—	$0
Oct 1993	335	595	15.85	—	$5,310
Sep 1993	349	672	15.03	—	$5,245
Aug 1993	170	293	15.66	—	$2,662
Jul 1993	172	200	15.46	—	$2,659
Jun 1993	164	256	16.79	—	$2,754
May 1993	335	354	17.68	—	$5,923
Apr 1993	165	397	18.05	—	$2,978
Mar 1993	315	338	18.14	—	$5,714
Feb 1993	333	352	17.90	—	$5,961
Jan 1993	165	432	16.93	—	$2,793

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.

Sep 2018 — as filed, then multipliedworked

Oil                   22 bbl  × $ 59.54 =     $1,310
Casinghead gas         0 Mcf  × $  3.11 =         $0

────────────────────────────────────────────────────
Month total                                   $1,310

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/22978 is the state's own key, not one this site invented.