SALE RANCH "P"

Name: SALE RANCH "P" 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 24226District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$458 k

Jan 1993 – May 2010

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

209

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.”

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	13,361 bbl	$379,519
Casinghead gas	Production	36,587 Mcf	$78,868
Total			$458,388

18,567 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 32.2126, -101.9148. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.21256, -101.91481 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

9,174 ft

2 wells filed one

Completion to plug

14.3 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 9,167 and 9,180 ft, median 9,174 ft, over the 2 wells that filed a depth.

Completions filed

Sep 1976 – Oct 2008

2 of 2 wells

Plug dates filed

Nov 2003 – Feb 2010

2 of 2 wells

Last completion to plug: a median of 14.3 years across the 2 wells that filed both dates, with the middle half between 7.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31731562	2	9,180 ft	Oct 2008	Feb 2010	Yes
42-31731561	1	9,167 ft	Sep 1976	Nov 2003	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 (209)

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

209 months


May 2010	17	0	71.12	4.24	$1,209
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	4	101.76	7.88	$32
Aug 2008	0	15	114.22	8.48	$127
Jul 2008	0	50	131.08	11.39	$569
Jun 2008	0	89	131.33	13.03	$1,160
May 2008	0	75	123.17	11.57	$868
Apr 2008	0	90	110.31	10.45	$941
Mar 2008	0	158	101.90	9.66	$1,527
Feb 2008	176	131	92.53	8.77	$17,434
Jan 2008	0	1	90.38	8.21	$8
Dec 2007	0	39	88.33	7.30	$285
Nov 2007	174	58	91.67	7.29	$16,374
Oct 2007	0	133	82.85	6.92	$921
Sep 2007	171	153	75.84	6.24	$13,924
Aug 2007	0	139	69.06	6.39	$888
Jul 2007	177	99	70.90	6.39	$13,182
Jun 2007	0	139	62.00	7.55	$1,049
May 2007	0	76	58.74	7.85	$596
Apr 2007	182	108	59.61	7.81	$11,692
Mar 2007	0	90	56.92	7.30	$657
Feb 2007	0	93	55.10	8.22	$764
Jan 2007	0	82	50.30	6.73	$552
Dec 2006	180	68	56.65	6.92	$10,667
Nov 2006	0	69	54.20	7.62	$526
Oct 2006	0	139	54.90	6.01	$836
Sep 2006	0	90	60.08	5.04	$453
Aug 2006	178	98	68.71	7.34	$12,950
Jul 2006	0	143	69.37	6.34	$907
Jun 2006	183	118	66.28	6.38	$12,883
May 2006	0	119	66.01	6.42	$765
Apr 2006	0	104	64.39	7.36	$765
Mar 2006	0	101	56.70	7.08	$715
Feb 2006	174	67	57.59	7.75	$10,540
Jan 2006	0	77	60.59	8.93	$688
Dec 2005	359	117	54.94	13.42	$21,293
Nov 2005	0	90	54.69	10.59	$953
Oct 2005	0	140	58.34	13.80	$1,931
Sep 2005	0	100	61.45	12.08	$1,208
Aug 2005	0	80	61.51	9.80	$784
Jul 2005	0	17	55.69	7.84	$133
Jun 2005	177	121	52.33	7.38	$10,156
May 2005	0	155	45.22	6.65	$1,031
Apr 2005	177	146	49.20	7.36	$9,783
Mar 2005	0	104	50.37	7.15	$744
Feb 2005	183	99	45.22	6.31	$8,900
Jan 2005	0	66	43.16	6.32	$417
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	29	45.28	6.33	$184
Oct 2004	0	84	49.70	6.52	$547
Sep 2004	0	99	43.24	5.28	$523
Aug 2004	0	7	42.37	5.55	$39
Jul 2004	180	88	38.28	6.08	$7,426
Jun 2004	0	30	36.10	6.43	$193
May 2004	0	10	37.48	6.49	$65
Apr 2004	0	15	34.47	5.86	$88
Mar 2004	180	6	34.36	5.53	$6,218
Feb 2004	0	13	32.45	5.51	$72
Jan 2004	0	29	32.03	6.30	$183
Dec 2003	168	15	30.26	6.30	$5,178
Nov 2003	0	81	28.80	4.60	$372
Oct 2003	180	120	28.17	4.76	$5,642
Sep 2003	0	149	26.31	4.75	$708
Aug 2003	0	145	29.76	5.13	$744
Jul 2003	179	67	29.41	5.17	$5,611
Jun 2003	0	61	28.56	5.98	$365
May 2003	0	71	26.59	5.97	$424
Apr 2003	168	72	26.67	5.41	$4,870
Mar 2003	0	124	31.14	6.10	$756
Feb 2003	0	111	33.48	7.93	$880
Jan 2003	171	88	30.31	5.58	$5,674
Dec 2002	0	75	26.91	4.85	$364
Nov 2002	185	79	24.66	4.14	$4,889
Oct 2002	0	72	26.46	4.23	$305
Sep 2002	0	69	27.44	3.64	$251
Aug 2002	180	3	25.96	3.16	$4,682
Jul 2002	0	13	24.58	3.06	$40
Jun 2002	0	0	23.73	3.34	$0
May 2002	165	36	24.66	3.58	$4,198
Apr 2002	0	101	23.65	3.51	$355
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	167	22	18.22	2.38	$3,095
Jan 2002	0	41	17.17	2.38	$97
Dec 2001	177	46	16.93	2.36	$3,105
Nov 2001	0	88	18.07	2.41	$212
Oct 2001	0	120	19.78	2.53	$303
Sep 2001	179	90	24.26	2.25	$4,545
Aug 2001	0	125	24.87	3.05	$382
Jul 2001	165	166	23.93	3.20	$4,479
Jun 2001	0	132	24.56	3.82	$505
May 2001	0	139	25.52	4.31	$599
Apr 2001	170	105	24.68	5.34	$4,756
Mar 2001	0	136	24.54	5.38	$731
Feb 2001	179	142	27.75	5.77	$5,786
Jan 2001	0	141	27.47	8.40	$1,184
Dec 2000	0	129	26.88	9.12	$1,177
Nov 2000	147	126	32.21	5.66	$5,448
Oct 2000	0	163	31.23	5.15	$839
Sep 2000	145	146	31.87	5.19	$5,378
Aug 2000	0	147	29.64	4.54	$667
Jul 2000	147	14	28.53	4.09	$4,251
Jun 2000	0	131	29.30	4.40	$576
May 2000	149	158	27.26	3.68	$4,643
Apr 2000	0	176	24.51	3.12	$548
Mar 2000	170	242	28.42	2.86	$5,523
Feb 2000	0	214	27.62	2.73	$583
Jan 2000	0	152	25.27	2.48	$377
Dec 1999	153	139	24.28	2.42	$4,052
Nov 1999	0	163	23.19	2.43	$397
Oct 1999	150	179	20.98	2.80	$3,649
Sep 1999	0	183	21.75	2.62	$479
Aug 1999	152	121	19.26	2.88	$3,275
Jul 1999	0	8	17.89	2.37	$19
Jun 1999	156	46	15.94	2.36	$2,595
May 1999	0	34	15.79	2.32	$79
Apr 1999	157	78	15.10	2.21	$2,543
Mar 1999	0	125	12.47	1.84	$230
Feb 1999	163	84	9.98	1.82	$1,779
Jan 1999	0	225	10.38	1.90	$427
Dec 1998	176	220	9.20	1.77	$2,009
Nov 1998	0	274	10.89	2.19	$599
Oct 1998	159	264	12.42	1.97	$2,495
Sep 1998	0	257	12.59	2.08	$535
Aug 1998	169	241	11.30	1.91	$2,369
Jul 1998	0	228	11.74	2.24	$510
Jun 1998	176	271	11.24	2.24	$2,585
May 1998	0	217	12.62	2.21	$479
Apr 1998	165	285	13.04	2.51	$2,866
Mar 1998	0	284	12.80	2.31	$656
Feb 1998	162	292	13.95	2.30	$2,931
Jan 1998	0	272	14.70	2.15	$586
Dec 1997	164	322	16.32	2.41	$3,453
Nov 1997	0	317	18.19	3.09	$979
Oct 1997	174	342	19.25	3.15	$4,427
Sep 1997	0	342	17.74	2.95	$1,011
Aug 1997	0	307	17.86	2.55	$784
Jul 1997	178	483	17.58	2.25	$4,215
Jun 1997	0	358	17.24	2.26	$808
May 1997	167	336	18.97	2.31	$3,944
Apr 1997	0	339	17.88	2.08	$706
Mar 1997	159	356	18.95	1.94	$3,703
Feb 1997	0	244	20.49	2.21	$538
Jan 1997	158	280	23.48	3.54	$4,701
Dec 1996	179	309	23.32	—	$4,174
Nov 1996	0	421	21.97	—	$0
Oct 1996	174	345	23.31	—	$4,056
Sep 1996	0	372	22.22	—	$0
Aug 1996	173	396	20.26	—	$3,505
Jul 1996	0	323	19.55	—	$0
Jun 1996	0	430	18.73	—	$0
May 1996	167	435	19.43	—	$3,245
Apr 1996	165	309	21.51	—	$3,549
Mar 1996	0	366	19.38	—	$0
Feb 1996	167	391	16.98	—	$2,836
Jan 1996	0	362	17.07	—	$0
Dec 1995	178	319	17.19	—	$3,060
Nov 1995	0	239	16.00	—	$0
Oct 1995	200	329	15.43	—	$3,086
Sep 1995	0	283	16.18	—	$0
Aug 1995	196	243	15.92	—	$3,120
Jul 1995	0	257	15.24	—	$0
Jun 1995	0	378	16.41	—	$0
May 1995	272	416	17.56	—	$4,776
Apr 1995	0	381	17.73	—	$0
Mar 1995	0	416	16.44	—	$0
Feb 1995	189	367	16.58	—	$3,134
Jan 1995	0	500	15.92	—	$0
Dec 1994	90	421	15.03	—	$1,353
Nov 1994	247	383	15.90	—	$3,927
Oct 1994	0	405	15.58	—	$0
Sep 1994	0	443	15.29	—	$0
Aug 1994	191	472	16.13	—	$3,081
Jul 1994	0	489	17.56	—	$0
Jun 1994	191	474	17.09	—	$3,264
May 1994	0	429	15.88	—	$0
Apr 1994	217	445	14.14	—	$3,068
Mar 1994	0	415	12.46	—	$0
Feb 1994	278	349	12.50	—	$3,475
Jan 1994	0	412	12.66	—	$0
Dec 1993	0	381	12.33	—	$0
Nov 1993	174	377	14.49	—	$2,521
Oct 1993	0	457	15.85	—	$0
Sep 1993	199	488	15.03	—	$2,991
Aug 1993	0	478	15.66	—	$0
Jul 1993	203	440	15.46	—	$3,138
Jun 1993	0	345	16.79	—	$0
May 1993	173	422	17.68	—	$3,059
Apr 1993	184	368	18.05	—	$3,321
Mar 1993	0	344	18.14	—	$0
Feb 1993	157	369	17.90	—	$2,810
Jan 1993	0	374	16.93	—	$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.

May 2010 — as filed, then multipliedworked

Oil                   17 bbl  × $ 71.12 =     $1,209
Casinghead gas         0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                   $1,209

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/24226 is the state's own key, not one this site invented.