STEPHENS -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 30423District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – Jan 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
265
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
OilDisposition41,058 bbl$1,505,945
Casinghead gasProduction79,777 Mcf$231,687
Total$1,737,632

30,313 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 32.0200, -101.8906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02004, -101.89060 · 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
8 months
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
Jan 2013
1 of 1 wells
Plug dates filed
Sep 2013
1 of 1 wells

Last completion to plug: a median of 8 months across the 1 well that filed both dates, with the middle half between 8 months and 8 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293164019,100 ftJan 2013Sep 2013Yes

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 (265)

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

265 months

Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013115091.233.42$10,491
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120994.672.92$26
Aug 201218725392.662.91$18,063
Jul 201218026185.133.02$16,112
Jun 2012025479.822.52$640
May 201218025591.612.49$17,124
Apr 2012182273101.652.00$19,045
Mar 20120244105.052.22$542
Feb 2012181216101.102.57$18,854
Jan 201219024198.092.73$19,296
Dec 201118722296.873.24$18,834
Nov 2011023195.723.31$765
Oct 201117924384.983.65$16,098
Sep 201108383.623.99$331
Aug 201118214383.404.15$15,772
Jul 201117925094.144.52$17,980
Jun 201118024592.904.64$17,859
May 2011025798.134.40$1,132
Apr 2011176282105.964.33$19,871
Mar 201118227496.364.06$18,649
Feb 201118626785.644.18$17,045
Jan 2011026786.504.59$1,225
Dec 201018327885.734.35$16,897
Nov 201018026880.843.80$15,568
Oct 201018223378.103.51$15,032
Sep 201018023472.633.98$14,005
Aug 2010025273.684.42$1,114
Jul 2010021472.554.74$1,014
Jun 201017924570.364.91$13,797
May 201018027071.124.24$13,945
Apr 2010021381.694.12$878
Mar 201017930378.394.39$15,362
Feb 201017624573.585.44$14,283
Jan 201018227874.365.96$15,192
Dec 2009027971.445.48$1,530
Nov 200918225674.593.75$14,536
Oct 200918626972.544.11$14,598
Sep 2009025465.543.06$778
Aug 200917826967.423.22$12,867
Jul 200918327261.133.46$12,129
Jun 200918022966.163.90$12,801
May 200917925554.743.93$10,800
Apr 2009019746.773.59$707
Mar 200917927442.144.06$8,655
Feb 200918825032.814.63$7,327
Jan 2009028735.865.37$1,541
Dec 200818126837.105.98$8,317
Nov 200818528355.496.86$12,207
Oct 200818134675.246.92$16,013
Sep 2008175244101.767.88$19,730
Aug 20080298114.228.48$2,528
Jul 2008173250131.0811.39$25,524
Jun 2008173277131.3313.03$26,330
May 2008174254123.1711.57$24,371
Apr 20081198110.3110.45$2,180
Mar 2008177232101.909.66$20,278
Feb 200817225992.538.77$18,187
Jan 200818529890.388.21$19,166
Dec 200717529288.337.30$17,590
Nov 2007029391.677.29$2,136
Oct 200716927182.856.92$15,878
Sep 200717322275.846.24$14,507
Aug 200717625769.066.39$13,796
Jul 200717724570.906.39$14,114
Jun 2007022862.007.55$1,721
May 200717423558.747.85$12,065
Apr 200717822959.617.81$12,398
Mar 200717722656.927.30$11,725
Feb 200736820155.108.22$21,928
Jan 2007023350.306.73$1,567
Dec 200617820756.656.92$11,516
Nov 2006019454.207.62$1,478
Oct 200617420554.906.01$10,785
Sep 200617420660.085.04$11,492
Aug 200617519368.717.34$13,441
Jul 20061687569.376.34$12,130
Jun 200617820166.286.38$13,081
May 200615720366.016.42$11,668
Apr 2006019664.397.36$1,443
Mar 200617620156.707.08$11,403
Feb 200617616357.597.75$11,399
Jan 20061778060.598.93$11,439
Dec 2005016754.9413.42$2,240
Nov 200517215354.6910.59$11,027
Oct 200517614158.3413.80$12,213
Sep 200516711261.4512.08$11,615
Aug 200518319261.519.80$13,137
Jul 200517317555.697.84$11,007
Jun 20050052.337.38$0
May 2005173845.226.65$7,876
Apr 2005014749.207.36$1,082
Mar 200517415550.377.15$9,873
Feb 2005114445.226.31$954
Jan 20051747343.166.32$7,971
Dec 2004015939.866.75$1,073
Nov 200416915945.286.33$8,659
Oct 2004011649.706.52$756
Sep 200417213843.245.28$8,166
Aug 200407742.375.55$427
Jul 200409538.286.08$578
Jun 200401436.106.43$90
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 200417913434.365.53$6,891
Feb 200418130232.455.51$7,537
Jan 200418230132.036.30$7,726
Dec 200334132630.266.30$12,373
Nov 2003031228.804.60$1,434
Oct 200334034628.174.76$11,225
Sep 200318339126.314.75$6,672
Aug 200318345629.765.13$7,785
Jul 200317850929.415.17$7,867
Jun 200317948428.565.98$8,008
May 200317748226.595.97$7,585
Apr 200335346826.675.41$11,945
Mar 2003048031.146.10$2,926
Feb 200336139333.487.93$15,201
Jan 200317945930.315.58$7,988
Dec 200217946826.914.85$7,088
Nov 200217446224.664.14$6,202
Oct 200231754026.464.23$10,672
Sep 200217850527.443.64$6,720
Aug 200217852625.963.16$6,285
Jul 200217652124.583.06$5,921
Jun 200235452323.733.34$10,146
May 200217651824.663.58$6,197
Apr 200235947423.653.51$10,155
Mar 200217848722.003.10$5,427
Feb 200236044818.222.38$7,624
Jan 200217848517.172.38$4,208
Dec 200155258416.932.36$10,726
Nov 200117862018.072.41$4,708
Oct 200117365619.782.53$5,081
Sep 200153957524.262.25$14,371
Aug 200136554824.873.05$10,751
Jul 200117836323.933.20$5,420
Jun 2001034024.563.82$1,300
May 200117838825.524.31$6,214
Apr 200135341724.685.34$10,937
Mar 200135942024.545.38$11,068
Feb 200137039227.755.77$12,528
Jan 200118041027.478.40$8,388
Dec 200035638426.889.12$13,072
Nov 200036537032.215.66$13,850
Oct 20001869031.235.15$6,272
Sep 200008431.875.19$436
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 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19987417011.242.24$1,212
May 199835258912.622.21$5,742
Apr 199819455913.042.51$3,930
Mar 199838258112.802.31$6,231
Feb 199818152213.952.30$3,725
Jan 199819057314.702.15$4,028
Dec 199717756316.322.41$4,246
Nov 199736555418.193.09$8,350
Oct 199718357619.253.15$5,337
Sep 199736755717.742.95$8,156
Aug 199718857617.862.55$4,829
Jul 199718056917.582.25$4,443
Jun 199726654517.242.26$5,816
May 199736555118.972.31$8,196
Apr 199718953517.882.08$4,494
Mar 199747756118.951.94$10,127
Feb 199718948620.492.21$4,945
Jan 199718157423.483.54$6,282
Dec 199634357723.32$7,999
Nov 199620241821.97$4,438
Oct 1996147323.31$23
Sep 199619352822.22$4,288
Aug 199620268720.26$4,093
Jul 199618669719.55$3,636
Jun 199635166118.73$6,574
May 199619264919.43$3,731
Apr 199618360621.51$3,936
Mar 199637560519.38$7,268
Feb 199619154416.98$3,243
Jan 199638357617.07$6,538
Dec 199520359617.19$3,490
Nov 199518964716.00$3,024
Oct 199539250715.43$6,049
Sep 199519961016.18$3,220
Aug 199538668015.92$6,145
Jul 199519870315.24$3,018
Jun 199520266516.41$3,315
May 199537767117.56$6,620
Apr 199519064217.73$3,369
Mar 199538264016.44$6,280
Feb 199519759616.58$3,266
Jan 199537463015.92$5,954
Dec 199438962215.03$5,847
Nov 199416957615.90$2,687
Oct 199438865015.58$6,045
Sep 199437764715.29$5,764
Aug 199419466116.13$3,129
Jul 199437667617.56$6,603
Jun 199419564217.09$3,333
May 199438366915.88$6,082
Apr 199418765314.14$2,644
Mar 199439563712.46$4,922
Feb 199438463212.50$4,800
Jan 199418868712.66$2,380
Dec 199337266812.33$4,587
Nov 199339958614.49$5,782
Oct 199320365315.85$3,218
Sep 199338065515.03$5,711
Aug 199336571215.66$5,716
Jul 199318570315.46$2,860
Jun 199337866116.79$6,347
May 199336971417.68$6,524
Apr 199318767918.05$3,375
Mar 199336567018.14$6,621
Feb 199336759817.90$6,569
Jan 199336465416.93$6,163

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.

Feb 2013 — as filed, then multipliedworked
Oil                  115 bbl  × $ 91.23 =    $10,491
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                  $10,491

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/30423 is the state's own key, not one this site invented.