OLDHAM "B"

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 29075District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$476 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition24,969 bbl$416,242
Casinghead gasProduction80,734 Mcf$59,637
Total$475,878

55,446 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 32.0747, -101.8939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07467, -101.89388 · 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
9,100 ft
1 wells filed one
Completion to plug
19.8 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 9,100 ft.

Completions filed
Jul 1984
1 of 1 wells
Plug dates filed
Apr 2004
1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293133419,100 ftJul 1984Apr 2004Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 199981012.471.84$1,010
Feb 1999009.981.82$0
Jan 1999024810.381.90$471
Dec 199808309.201.77$1,472
Nov 19982611,14510.892.19$5,345
Oct 19985001,27212.421.97$8,715
Sep 19982521,54812.592.08$6,397
Aug 19982551,05011.301.91$4,884
Jul 19982241,02611.742.24$4,925
Jun 19982511,04711.242.24$5,164
May 19982521,36012.622.21$6,181
Apr 199826485213.042.51$5,577
Mar 199823485612.802.31$4,972
Feb 199826366113.952.30$5,189
Jan 199826688614.702.15$5,819
Dec 199726983516.322.41$6,403
Nov 19972671,19518.193.09$8,547
Oct 19974941,24119.253.15$13,418
Sep 19972631,15117.742.95$8,067
Aug 19972501,06317.862.55$7,181
Jul 19972521,24417.582.25$7,225
Jun 19974811,04517.242.26$10,651
May 199725788318.972.31$6,914
Apr 199726470917.882.08$6,197
Mar 19974281,00518.951.94$10,059
Feb 19972591,22020.492.21$7,998
Jan 199725491623.483.54$9,206
Dec 19965221,28923.32$12,173
Nov 199625921121.97$5,690
Oct 199642175223.31$9,814
Sep 199625498722.22$5,644
Aug 19964921,02820.26$9,968
Jul 19962571,00919.55$5,024
Jun 19962371,01618.73$4,439
May 199644897919.43$8,705
Apr 199650846321.51$10,927
Mar 19962291,22019.38$4,438
Feb 19962281,11416.98$3,871
Jan 19964901,40717.07$8,364
Dec 19952231,33117.19$3,833
Nov 19954661,39016.00$7,456
Oct 19952361,44215.43$3,641
Sep 19953881,39816.18$6,278
Aug 19954611,43915.92$7,339
Jul 19952321,43715.24$3,536
Jun 19955031,39316.41$8,254
May 199525410417.56$4,460
Apr 19954591,17817.73$8,138
Mar 19954581,05716.44$7,530
Feb 199523782816.58$3,929
Jan 199547477315.92$7,546
Dec 19944611,18215.03$6,929
Nov 19942411,13715.90$3,832
Oct 19944691,36615.58$7,307
Sep 19942501,45415.29$3,823
Aug 19944351,50716.13$7,017
Jul 199447586717.56$8,341
Jun 199446999617.09$8,015
May 19942501,37515.88$3,970
Apr 19944851,27714.14$6,858
Mar 19944761,39212.46$5,931
Feb 19944851,23812.50$6,063
Jan 19942471,08412.66$3,127
Dec 19934451,11612.33$5,487
Nov 19932591,14414.49$3,753
Oct 19935141,25815.85$8,147
Sep 19932591,44615.03$3,893
Aug 19934871,39315.66$7,626
Jul 19932371,30315.46$3,664
Jun 19934841,31316.79$8,126
May 19934691,42717.68$8,292
Apr 19932451,39418.05$4,422
Mar 19935051,32818.14$9,161
Feb 19935121,16217.90$9,165
Jan 19932331,04216.93$3,945

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.

Mar 1999 — as filed, then multipliedworked
Oil                   81 bbl  × $ 12.47 =     $1,010
Casinghead gas         0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,010

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/29075 is the state's own key, not one this site invented.