RAGGETT

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 23818District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$115 k
Jan 1993 – Feb 1998
Value, last 12 filed months
$17 k
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
OilDisposition6,350 bbl$109,716
Casinghead gasProduction15,616 Mcf$5,368
Total$115,084

13,420 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 (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 32.0263, -101.9155. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02627, -101.91552 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,000 ft
1 wells filed one
Completion to plug
22.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 9,000 ft.

Completions filed
Oct 1975
1 of 1 wells
Plug dates filed
Jan 1998
1 of 1 wells

Last completion to plug: a median of 22.3 years across the 1 well that filed both dates, with the middle half between 22.3 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293036619,000 ftOct 1975Jan 1998Yes

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 19970016.322.41$0
Nov 1997115018.193.09$2,092
Oct 19970019.253.15$0
Sep 1997023217.742.95$686
Aug 199719336017.862.55$4,367
Jul 1997334217.582.25$821
Jun 199719435717.242.26$4,150
May 199718225218.972.31$4,034
Apr 1997118517.882.08$403
Mar 1997015718.951.94$304
Feb 199719713820.492.21$4,341
Jan 1997017323.483.54$612
Dec 199630123523.32$7,019
Nov 1996016921.97$0
Oct 199618616123.31$4,336
Sep 1996024722.22$0
Aug 199618422420.26$3,728
Jul 1996024219.55$0
Jun 19961858418.73$3,465
May 1996022919.43$0
Apr 199617418821.51$3,743
Mar 1996022119.38$0
Feb 199619027216.98$3,226
Jan 199618729017.07$3,192
Dec 1995129217.19$17
Nov 199518931916.00$3,024
Oct 1995128615.43$15
Sep 199517828716.18$2,880
Aug 199516728715.92$2,659
Jul 1995031115.24$0
Jun 199518129216.41$2,970
May 1995131817.56$18
Apr 199517731617.73$3,138
Mar 199518232116.44$2,992
Feb 1995028316.58$0
Jan 199518530915.92$2,945
Dec 1994130415.03$15
Nov 199417231615.90$2,735
Oct 199417130815.58$2,664
Sep 1994029715.29$0
Aug 199416332916.13$2,629
Jul 199417928817.56$3,143
Jun 1994030317.09$0
May 199417531115.88$2,779
Apr 199416828714.14$2,376
Mar 1994032812.46$0
Feb 199417826612.50$2,225
Jan 1994023012.66$0
Dec 199317929712.33$2,207
Nov 199317927914.49$2,594
Oct 1993030215.85$0
Sep 199317031715.03$2,555
Aug 199317131515.66$2,678
Jul 199318530315.46$2,860
Jun 1993130116.79$17
May 199317632417.68$3,112
Apr 199317430918.05$3,141
Mar 1993031118.14$0
Feb 199318929017.90$3,383
Jan 199316532216.93$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.

Nov 1997 — as filed, then multipliedworked
Oil                  115 bbl  × $ 18.19 =     $2,092
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $2,092

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/23818 is the state's own key, not one this site invented.