HOLT -D-

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 31483District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$478 k
Jan 1993 – Jan 2007
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
169
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
OilDisposition14,926 bbl$337,210
Casinghead gasProduction52,633 Mcf$141,141
Total$478,352

18,866 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 32.3571, -102.0901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35705, -102.09008 · 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
9,675 ft
1 wells filed one
Completion to plug
19.1 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 9,675 ft.

Completions filed
Oct 1987
1 of 1 wells
Plug dates filed
Nov 2006
1 of 1 wells

Last completion to plug: a median of 19.1 years across the 1 well that filed both dates, with the middle half between 19.1 years and 19.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3173344919,675 ftOct 1987Nov 2006Yes

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 (169)

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

169 months

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 2006178066.016.42$11,750
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006015657.597.75$1,209
Jan 2006020660.598.93$1,840
Dec 200517824254.9413.42$13,026
Nov 2005020454.6910.59$2,160
Oct 2005022258.3413.80$3,063
Sep 2005020561.4512.08$2,476
Aug 200518721261.519.80$13,579
Jul 2005022355.697.84$1,749
Jun 200517221252.337.38$10,566
May 2005021545.226.65$1,430
Apr 200518620149.207.36$10,631
Mar 2005022150.377.15$1,581
Feb 2005021945.226.31$1,382
Jan 200518220343.166.32$9,139
Dec 2004017339.866.75$1,168
Nov 2004019945.286.33$1,260
Oct 2004225649.706.52$1,767
Sep 200418028543.245.28$9,289
Aug 2004030242.375.55$1,676
Jul 200417831738.286.08$8,743
Jun 2004031136.106.43$2,001
May 2004030537.486.49$1,981
Apr 200418228034.475.86$7,914
Mar 2004029334.365.53$1,620
Feb 2004027432.455.51$1,510
Jan 200417928932.036.30$7,554
Dec 2003029530.266.30$1,859
Nov 200318029028.804.60$6,517
Oct 2003031128.174.76$1,480
Sep 2003031826.314.75$1,510
Aug 200317532429.765.13$6,870
Jul 2003033129.415.17$1,712
Jun 2003031828.565.98$1,903
May 200318033426.595.97$6,781
Apr 2003030126.675.41$1,628
Mar 200317630931.146.10$7,364
Feb 2003027333.487.93$2,164
Jan 2003031330.315.58$1,747
Dec 200217530626.914.85$6,195
Nov 2002031524.664.14$1,303
Oct 2002032326.464.23$1,366
Sep 200216130527.443.64$5,527
Aug 200218427925.963.16$5,659
Jul 2002027824.583.06$851
Jun 2002127123.733.34$928
May 200218227024.663.58$5,456
Apr 2002027323.653.51$959
Mar 200217823122.003.10$4,633
Feb 2002024418.222.38$580
Jan 2002124917.172.38$609
Dec 200118425016.932.36$3,706
Nov 2001028418.072.41$683
Oct 2001031719.782.53$802
Sep 200118231824.262.25$5,131
Aug 2001132024.873.05$1,002
Jul 200118032423.933.20$5,343
Jun 2001031124.563.82$1,189
May 2001531125.524.31$1,467
Apr 200118429624.685.34$6,120
Mar 200118129724.545.38$6,039
Feb 2001028527.755.77$1,644
Jan 2001130527.478.40$2,589
Dec 200019031326.889.12$7,963
Nov 2000030932.215.66$1,748
Oct 200018332431.235.15$7,382
Sep 2000032331.875.19$1,675
Aug 200018132929.644.54$6,859
Jul 2000033728.534.09$1,378
Jun 200018632629.304.40$6,883
May 2000034027.263.68$1,251
Apr 200018233024.513.12$5,489
Mar 2000133628.422.86$989
Feb 2000030727.622.73$837
Jan 200018232325.272.48$5,400
Dec 199918232224.282.42$5,199
Nov 1999031723.192.43$772
Oct 199918532520.982.80$4,793
Sep 1999034021.752.62$890
Aug 199918032019.262.88$4,387
Jul 1999027517.892.37$652
Jun 199918235815.942.36$3,747
May 1999037115.792.32$861
Apr 199918538215.102.21$3,637
Mar 1999037212.471.84$684
Feb 19991823519.981.82$2,454
Jan 1999037610.381.90$714
Dec 19981843809.201.77$2,367
Nov 1998032210.892.19$704
Oct 199818336812.421.97$2,998
Sep 1998036912.592.08$768
Aug 199817538011.301.91$2,702
Jul 199818639511.742.24$3,067
Jun 1998039711.242.24$888
May 199818443412.622.21$3,280
Apr 1998033413.042.51$837
Mar 1998034212.802.31$790
Feb 199818735213.952.30$3,418
Jan 199818736314.702.15$3,531
Dec 1997035816.322.41$863
Nov 199718935718.193.09$4,540
Oct 1997038519.253.15$1,213
Sep 199717636117.742.95$4,189
Aug 199718238017.862.55$4,221
Jul 1997039017.582.25$876
Jun 199718336217.242.26$3,972
May 1997035918.972.31$829
Apr 1997037817.882.08$787
Mar 199716738718.951.94$3,915
Feb 199718233020.492.21$4,457
Jan 1997037423.483.54$1,324
Dec 199618738323.32$4,361
Nov 199618330621.97$4,021
Oct 1996039023.31$0
Sep 199618444522.22$4,088
Aug 1996044920.26$0
Jul 199618443119.55$3,597
Jun 1996040018.73$0
May 199618341319.43$3,556
Apr 1996040221.51$0
Mar 199618241919.38$3,527
Feb 199618539616.98$3,141
Jan 1996036217.07$0
Dec 199518534717.19$3,180
Nov 1995033916.00$0
Oct 199518233215.43$2,808
Sep 1995032916.18$0
Aug 199518632515.92$2,961
Jul 199518735615.24$2,850
Jun 1995037516.41$0
May 199517933417.56$3,143
Apr 199518136817.73$3,209
Mar 1995037316.44$0
Feb 199518334616.58$3,034
Jan 199518432715.92$2,929
Dec 1994038515.03$0
Nov 199418129715.90$2,878
Oct 199418539115.58$2,882
Sep 199418138915.29$2,767
Aug 1994042816.13$0
Jul 199418142717.56$3,178
Jun 199419042617.09$3,247
May 1994042115.88$0
Apr 199418932614.14$2,672
Mar 199418437512.46$2,293
Feb 199418435812.50$2,300
Jan 1994041312.66$0
Dec 199318141812.33$2,232
Nov 199318241114.49$2,637
Oct 199318244615.85$2,885
Sep 199317444215.03$2,615
Aug 1993046815.66$0
Jul 199318345915.46$2,829
Jun 199318046616.79$3,022
May 199318248717.68$3,218
Apr 1993042218.05$0
Mar 199318442918.14$3,338
Feb 199318340217.90$3,276
Jan 199318443316.93$3,115

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 2006 — as filed, then multipliedworked
Oil                  178 bbl  × $ 66.01 =    $11,750
Casinghead gas         0 Mcf  × $  6.42 =         $0

────────────────────────────────────────────────────
Month total                                  $11,750

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/31483 is the state's own key, not one this site invented.