KEY

Name: KEY 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 28012District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$1.8 M

Jan 1993 – Apr 2020

Value, last 12 filed months

$226

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	31,869 bbl	$904,473
Casinghead gas	Production	362,412 Mcf	$907,680
Total			$1,812,153

151,920 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 32.3104, -102.0690. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.31043, -102.06901 · 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

9,018 ft

2 wells filed one

Completion to plug

8.8 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 8,419 and 9,616 ft, median 9,018 ft, over the 2 wells that filed a depth.

Completions filed

Feb 1984 – Jun 2018

2 of 2 wells

Plug dates filed

Mar 2000 – Oct 2019

2 of 2 wells

Last completion to plug: a median of 8.8 years across the 2 wells that filed both dates, with the middle half between 5.0 years and 12.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31732667	1	8,419 ft	Jun 2018	Oct 2019	Yes
42-31732823	2	9,616 ft	Feb 1984	Mar 2000	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	1	0	53.11	2.30	$53
Jul 2019	1	0	56.27	2.46	$56
Jun 2019	0	0	52.78	2.49	$0
May 2019	2	0	58.48	2.74	$117
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	6	52.93	4.24	$25
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	23	0	65.14	2.93	$1,498
Jun 2018	80	357	60.18	3.08	$5,913
May 2018	0	441	65.38	2.90	$1,279
Apr 2018	0	424	63.84	2.90	$1,230
Mar 2018	0	451	61.22	2.79	$1,257
Feb 2018	0	394	61.78	2.77	$1,090
Jan 2018	0	426	62.87	4.01	$1,708
Dec 2017	0	419	57.27	2.92	$1,224
Nov 2017	0	415	55.42	3.12	$1,294
Oct 2017	0	388	49.29	2.98	$1,158
Sep 2017	0	98	47.52	3.09	$303
Aug 2017	0	114	45.37	3.00	$343
Jul 2017	0	142	43.87	3.09	$438
Jun 2017	0	160	42.49	3.09	$494
May 2017	0	173	45.37	3.26	$565
Apr 2017	0	152	47.93	3.21	$488
Mar 2017	0	153	46.77	2.98	$457
Feb 2017	0	120	50.45	2.95	$354
Jan 2017	0	127	49.41	3.42	$434
Dec 2016	0	129	48.76	3.72	$480
Nov 2016	0	133	42.49	2.64	$352
Oct 2016	0	137	46.19	3.09	$423
Sep 2016	0	121	41.55	3.10	$375
Aug 2016	0	100	41.44	2.92	$292
Jul 2016	0	133	41.62	2.92	$389
Jun 2016	0	520	45.35	2.69	$1,397
May 2016	179	536	42.52	1.99	$8,678
Apr 2016	0	567	36.56	1.99	$1,129
Mar 2016	0	534	33.01	1.79	$958
Feb 2016	0	284	26.47	2.06	$586
Jan 2016	175	410	27.35	2.36	$5,756
Dec 2015	0	488	32.36	2.00	$977
Nov 2015	0	247	38.79	2.17	$535
Oct 2015	0	472	43.55	2.43	$1,145
Sep 2015	0	335	42.99	2.76	$924
Aug 2015	0	532	40.16	2.87	$1,528
Jul 2015	175	301	48.15	2.95	$9,313
Jun 2015	0	340	56.15	2.88	$980
May 2015	0	601	55.21	2.96	$1,776
Apr 2015	1	491	49.82	2.71	$1,379
Mar 2015	1	317	42.89	2.93	$973
Feb 2015	183	245	44.66	2.98	$8,902
Jan 2015	0	292	43.43	3.10	$905
Dec 2014	0	117	54.69	3.59	$420
Nov 2014	0	136	70.46	4.25	$578
Oct 2014	0	354	78.30	3.90	$1,381
Sep 2014	178	404	86.16	4.05	$16,971
Aug 2014	0	503	89.39	4.04	$2,030
Jul 2014	0	359	96.56	4.18	$1,500
Jun 2014	0	622	98.16	4.74	$2,946
May 2014	0	548	94.73	4.73	$2,590
Apr 2014	0	335	95.94	4.81	$1,611
Mar 2014	184	597	95.89	5.06	$20,663
Feb 2014	1	306	97.40	6.19	$1,992
Jan 2014	1	422	90.40	4.86	$2,142
Dec 2013	180	324	91.82	4.35	$17,938
Nov 2013	0	247	88.85	3.74	$923
Oct 2013	0	167	97.42	3.78	$631
Sep 2013	0	152	104.11	3.72	$565
Aug 2013	0	288	104.25	3.52	$1,015
Jul 2013	0	246	102.52	3.72	$915
Jun 2013	0	263	94.40	3.93	$1,034
May 2013	184	150	94.83	4.15	$18,071
Apr 2013	0	225	93.96	4.28	$964
Mar 2013	0	85	93.62	3.91	$333
Feb 2013	0	86	91.23	3.42	$294
Jan 2013	0	358	91.60	3.42	$1,224
Dec 2012	182	199	86.77	3.42	$16,473
Nov 2012	0	12	86.95	3.62	$44
Oct 2012	0	35	89.38	3.40	$119
Sep 2012	0	97	94.67	2.92	$283
Aug 2012	0	87	92.66	2.91	$253
Jul 2012	0	87	85.13	3.02	$263
Jun 2012	1	131	79.82	2.52	$410
May 2012	0	186	91.61	2.49	$463
Apr 2012	0	345	101.65	2.00	$689
Mar 2012	185	385	105.05	2.22	$20,290
Feb 2012	0	547	101.10	2.57	$1,406
Jan 2012	180	661	98.09	2.73	$19,463
Dec 2011	0	592	96.87	3.24	$1,918
Nov 2011	0	548	95.72	3.31	$1,815
Oct 2011	0	556	84.98	3.65	$2,029
Sep 2011	0	573	83.62	3.99	$2,284
Aug 2011	0	730	83.40	4.15	$3,029
Jul 2011	176	472	94.14	4.52	$18,701
Jun 2011	0	476	92.90	4.64	$2,209
May 2011	0	315	98.13	4.40	$1,388
Apr 2011	0	315	105.96	4.33	$1,365
Mar 2011	187	521	96.36	4.06	$20,133
Feb 2011	0	403	85.64	4.18	$1,685
Jan 2011	0	562	86.50	4.59	$2,579
Dec 2010	0	583	85.73	4.35	$2,535
Nov 2010	0	582	80.84	3.80	$2,209
Oct 2010	183	660	78.10	3.51	$16,608
Sep 2010	0	470	72.63	3.98	$1,870
Aug 2010	0	641	73.68	4.42	$2,833
Jul 2010	0	718	72.55	4.74	$3,401
Jun 2010	180	564	70.36	4.91	$15,434
May 2010	0	596	71.12	4.24	$2,524
Apr 2010	0	552	81.69	4.12	$2,276
Mar 2010	0	623	78.39	4.39	$2,734
Feb 2010	0	395	73.58	5.44	$2,150
Jan 2010	180	552	74.36	5.96	$16,677
Dec 2009	0	673	71.44	5.48	$3,691
Nov 2009	0	678	74.59	3.75	$2,544
Oct 2009	0	725	72.54	4.11	$2,980
Sep 2009	175	647	65.54	3.06	$13,452
Aug 2009	0	521	67.42	3.22	$1,677
Jul 2009	0	559	61.13	3.46	$1,937
Jun 2009	0	740	66.16	3.90	$2,882
May 2009	179	717	54.74	3.93	$12,613
Apr 2009	0	670	46.77	3.59	$2,404
Mar 2009	0	723	42.14	4.06	$2,935
Feb 2009	0	666	32.81	4.63	$3,086
Jan 2009	181	723	35.86	5.37	$10,374
Dec 2008	1	667	37.10	5.98	$4,024
Nov 2008	0	419	55.49	6.86	$2,874
Oct 2008	0	308	75.24	6.92	$2,132
Sep 2008	186	126	101.76	7.88	$19,920
Aug 2008	0	788	114.22	8.48	$6,685
Jul 2008	0	839	131.08	11.39	$9,556
Jun 2008	0	487	131.33	13.03	$6,347
May 2008	180	549	123.17	11.57	$28,525
Apr 2008	0	340	110.31	10.45	$3,555
Mar 2008	0	666	101.90	9.66	$6,436
Feb 2008	0	497	92.53	8.77	$4,359
Jan 2008	0	463	90.38	8.21	$3,799
Dec 2007	178	645	88.33	7.30	$20,433
Nov 2007	0	497	91.67	7.29	$3,624
Oct 2007	0	667	82.85	6.92	$4,617
Sep 2007	0	849	75.84	6.24	$5,301
Aug 2007	179	838	69.06	6.39	$17,715
Jul 2007	0	873	70.90	6.39	$5,577
Jun 2007	0	894	62.00	7.55	$6,748
May 2007	179	666	58.74	7.85	$15,740
Apr 2007	0	683	59.61	7.81	$5,331
Mar 2007	0	918	56.92	7.30	$6,703
Feb 2007	0	856	55.10	8.22	$7,033
Jan 2007	183	930	50.30	6.73	$15,461
Dec 2006	0	806	56.65	6.92	$5,576
Nov 2006	0	876	54.20	7.62	$6,673
Oct 2006	186	612	54.90	6.01	$13,892
Sep 2006	0	592	60.08	5.04	$2,982
Aug 2006	0	999	68.71	7.34	$7,333
Jul 2006	177	87	69.37	6.34	$12,830
Jun 2006	0	920	66.28	6.38	$5,873
May 2006	0	805	66.01	6.42	$5,172
Apr 2006	179	872	64.39	7.36	$17,944
Mar 2006	0	920	56.70	7.08	$6,516
Feb 2006	0	915	57.59	7.75	$7,092
Jan 2006	184	991	60.59	8.93	$20,001
Dec 2005	0	995	54.94	13.42	$13,348
Nov 2005	0	935	54.69	10.59	$9,900
Oct 2005	176	811	58.34	13.80	$21,456
Sep 2005	0	826	61.45	12.08	$9,977
Aug 2005	0	1,008	61.51	9.80	$9,875
Jul 2005	170	921	55.69	7.84	$16,691
Jun 2005	0	997	52.33	7.38	$7,359
May 2005	0	932	45.22	6.65	$6,199
Apr 2005	177	737	49.20	7.36	$14,133
Mar 2005	0	945	50.37	7.15	$6,761
Feb 2005	0	873	45.22	6.31	$5,510
Jan 2005	178	917	43.16	6.32	$13,480
Dec 2004	0	892	39.86	6.75	$6,022
Nov 2004	0	774	45.28	6.33	$4,900
Oct 2004	177	896	49.70	6.52	$14,634
Sep 2004	0	958	43.24	5.28	$5,062
Aug 2004	0	919	42.37	5.55	$5,101
Jul 2004	164	825	38.28	6.08	$11,297
Jun 2004	0	795	36.10	6.43	$5,114
May 2004	0	839	37.48	6.49	$5,449
Apr 2004	178	784	34.47	5.86	$10,729
Mar 2004	0	682	34.36	5.53	$3,772
Feb 2004	0	801	32.45	5.51	$4,413
Jan 2004	183	1,024	32.03	6.30	$12,312
Dec 2003	0	1,082	30.26	6.30	$6,818
Nov 2003	0	1,034	28.80	4.60	$4,751
Oct 2003	175	1,044	28.17	4.76	$9,899
Sep 2003	0	1,000	26.31	4.75	$4,749
Aug 2003	0	1,006	29.76	5.13	$5,161
Jul 2003	178	1,000	29.41	5.17	$10,406
Jun 2003	0	1,052	28.56	5.98	$6,294
May 2003	0	1,123	26.59	5.97	$6,707
Apr 2003	177	1,034	26.67	5.41	$10,312
Mar 2003	0	1,103	31.14	6.10	$6,724
Feb 2003	185	974	33.48	7.93	$13,914
Jan 2003	0	1,221	30.31	5.58	$6,816
Dec 2002	0	1,217	26.91	4.85	$5,907
Nov 2002	184	1,091	24.66	4.14	$9,051
Oct 2002	0	1,177	26.46	4.23	$4,978
Sep 2002	0	986	27.44	3.64	$3,584
Aug 2002	176	1,103	25.96	3.16	$8,059
Jul 2002	0	1,102	24.58	3.06	$3,374
Jun 2002	180	1,176	23.73	3.34	$8,197
May 2002	0	1,194	24.66	3.58	$4,279
Apr 2002	1	1,152	23.65	3.51	$4,070
Mar 2002	183	1,102	22.00	3.10	$7,445
Feb 2002	0	581	18.22	2.38	$1,380
Jan 2002	0	917	17.17	2.38	$2,179
Dec 2001	150	1,067	16.93	2.36	$5,062
Nov 2001	0	1,095	18.07	2.41	$2,634
Oct 2001	184	922	19.78	2.53	$5,971
Sep 2001	0	684	24.26	2.25	$1,540
Aug 2001	177	688	24.87	3.05	$6,503
Jul 2001	0	1,082	23.93	3.20	$3,459
Jun 2001	0	928	24.56	3.82	$3,549
May 2001	180	995	25.52	4.31	$8,879
Apr 2001	0	1,105	24.68	5.34	$5,896
Mar 2001	183	1,006	24.54	5.38	$9,900
Feb 2001	0	1,018	27.75	5.77	$5,871
Jan 2001	181	1,355	27.47	8.40	$16,352
Dec 2000	0	1,437	26.88	9.12	$13,109
Nov 2000	186	1,228	32.21	5.66	$12,939
Oct 2000	0	1,348	31.23	5.15	$6,936
Sep 2000	176	1,257	31.87	5.19	$12,129
Aug 2000	0	959	29.64	4.54	$4,355
Jul 2000	178	1,053	28.53	4.09	$9,385
Jun 2000	0	1,300	29.30	4.40	$5,716
May 2000	179	1,148	27.26	3.68	$9,104
Apr 2000	0	1,227	24.51	3.12	$3,823
Mar 2000	205	1,277	28.42	2.86	$9,478
Feb 2000	0	1,142	27.62	2.73	$3,114
Jan 2000	0	1,544	25.27	2.48	$3,830
Dec 1999	177	2,021	24.28	2.42	$9,196
Nov 1999	186	2,065	23.19	2.43	$9,340
Oct 1999	1	2,540	20.98	2.80	$7,142
Sep 1999	183	1,476	21.75	2.62	$7,846
Aug 1999	182	1,250	19.26	2.88	$7,100
Jul 1999	2	1,362	17.89	2.37	$3,267
Jun 1999	183	1,313	15.94	2.36	$6,018
May 1999	0	1,301	15.79	2.32	$3,020
Apr 1999	189	1,334	15.10	2.21	$5,799
Mar 1999	0	1,511	12.47	1.84	$2,778
Feb 1999	179	2,221	9.98	1.82	$5,824
Jan 1999	368	2,297	10.38	1.90	$8,184
Dec 1998	1	2,620	9.20	1.77	$4,655
Nov 1998	182	2,113	10.89	2.19	$6,600
Oct 1998	355	1,793	12.42	1.97	$7,940
Sep 1998	1	1,363	12.59	2.08	$2,851
Aug 1998	346	1,832	11.30	1.91	$7,404
Jul 1998	0	1,863	11.74	2.24	$4,168
Jun 1998	341	1,680	11.24	2.24	$7,591
May 1998	182	2,033	12.62	2.21	$6,782
Apr 1998	177	1,629	13.04	2.51	$6,389
Mar 1998	344	1,297	12.80	2.31	$7,399
Feb 1998	170	1,560	13.95	2.30	$5,958
Jan 1998	175	2,224	14.70	2.15	$7,365
Dec 1997	175	2,180	16.32	2.41	$8,112
Nov 1997	340	2,063	18.19	3.09	$12,556
Oct 1997	179	2,084	19.25	3.15	$10,010
Sep 1997	133	1,876	17.74	2.95	$7,903
Aug 1997	339	2,118	17.86	2.55	$11,465
Jul 1997	1	2,346	17.58	2.25	$5,289
Jun 1997	305	1,999	17.24	2.26	$9,770
May 1997	349	2,341	18.97	2.31	$12,025
Apr 1997	0	1,986	17.88	2.08	$4,136
Mar 1997	321	1,926	18.95	1.94	$9,818
Feb 1997	346	1,927	20.49	2.21	$11,340
Jan 1997	0	2,334	23.48	3.54	$8,262
Dec 1996	513	4,170	23.32	—	$11,963
Nov 1996	172	2,569	21.97	—	$3,779
Oct 1996	173	2,261	23.31	—	$4,033
Sep 1996	352	2,424	22.22	—	$7,821
Aug 1996	348	2,756	20.26	—	$7,050
Jul 1996	0	2,119	19.55	—	$0
Jun 1996	348	2,326	18.73	—	$6,518
May 1996	175	2,337	19.43	—	$3,400
Apr 1996	348	2,540	21.51	—	$7,485
Mar 1996	0	3,522	19.38	—	$0
Feb 1996	341	3,384	16.98	—	$5,790
Jan 1996	327	3,208	17.07	—	$5,582
Dec 1995	181	2,930	17.19	—	$3,111
Nov 1995	343	2,394	16.00	—	$5,488
Oct 1995	352	2,561	15.43	—	$5,431
Sep 1995	166	2,759	16.18	—	$2,686
Aug 1995	180	2,853	15.92	—	$2,866
Jul 1995	342	2,921	15.24	—	$5,212
Jun 1995	348	2,737	16.41	—	$5,711
May 1995	349	2,729	17.56	—	$6,128
Apr 1995	0	2,707	17.73	—	$0
Mar 1995	533	3,021	16.44	—	$8,763
Feb 1995	357	2,106	16.58	—	$5,919
Jan 1995	185	4,287	15.92	—	$2,945
Dec 1994	360	4,435	15.03	—	$5,411
Nov 1994	352	3,868	15.90	—	$5,597
Oct 1994	351	3,977	15.58	—	$5,469
Sep 1994	172	3,968	15.29	—	$2,630
Aug 1994	351	4,356	16.13	—	$5,662
Jul 1994	346	4,637	17.56	—	$6,076
Jun 1994	357	3,693	17.09	—	$6,101
May 1994	347	4,016	15.88	—	$5,510
Apr 1994	179	3,563	14.14	—	$2,531
Mar 1994	545	3,761	12.46	—	$6,791
Feb 1994	357	2,909	12.50	—	$4,463
Jan 1994	356	2,869	12.66	—	$4,507
Dec 1993	354	3,052	12.33	—	$4,365
Nov 1993	181	3,004	14.49	—	$2,623
Oct 1993	533	3,249	15.85	—	$8,448
Sep 1993	354	3,297	15.03	—	$5,321
Aug 1993	354	3,498	15.66	—	$5,544
Jul 1993	355	3,282	15.46	—	$5,488
Jun 1993	537	2,471	16.79	—	$9,016
May 1993	353	3,191	17.68	—	$6,241
Apr 1993	352	3,306	18.05	—	$6,354
Mar 1993	514	3,317	18.14	—	$9,324
Feb 1993	354	2,992	17.90	—	$6,337
Jan 1993	539	3,588	16.93	—	$9,125

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.

Aug 2019 — as filed, then multipliedworked

Oil                    1 bbl  × $ 53.11 =        $53
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                      $53

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/28012 is the state's own key, not one this site invented.