KING -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 32498District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
401
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.

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
OilDisposition83,115 bbl$3,979,531
Casinghead gasProduction187,501 Mcf$629,763
Total$4,609,293

39,726 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 32.0101, -101.9155. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01009, -101.91546 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,050 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 9,050 ft.

Completions filed
Jan 1990
1 of 1 wells

1 well

42-3293217919,050 ftJan 1990

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026012598.932.87$359
Mar 202616616689.753.15$15,421
Feb 2026015163.503.75$566
Jan 202616514559.138.00$10,916
Dec 2025015156.664.41$666
Nov 202516416358.593.93$10,249
Oct 2025015759.383.30$519
Sep 202516911662.743.08$10,960
Aug 2025015763.933.01$473
Jul 2025012366.743.32$408
Jun 2025011166.483.13$347
May 202502560.553.23$81
Apr 202516913362.363.54$11,010
Mar 2025017667.704.27$751
Feb 202517616070.884.34$13,169
Jan 2025010674.324.28$454
Dec 2024014668.993.12$456
Nov 202417822469.052.20$12,783
Oct 202417820871.372.28$13,178
Sep 2024022169.612.36$523
Aug 2024013075.632.06$268
Jul 202418018879.932.15$14,791
Jun 2024018978.082.63$498
May 2024010478.812.20$229
Apr 202417817384.451.66$15,319
Mar 2024025280.301.55$389
Feb 202416013276.091.78$12,410
Jan 202417724773.023.30$13,739
Dec 2023057671.262.61$1,504
Nov 202336231277.892.81$29,072
Oct 2023024185.443.09$744
Sep 202318322989.042.74$16,921
Aug 2023026480.522.67$706
Jul 202317427174.852.64$13,740
Jun 202335226168.962.26$24,863
May 2023052370.622.23$1,165
Apr 202317725978.122.24$14,407
Mar 202318132172.852.39$13,954
Feb 202318145975.112.47$14,727
Jan 2023025576.533.39$864
Dec 202217921076.415.73$14,881
Nov 202218839285.005.65$18,193
Oct 202217435287.185.86$17,233
Sep 202217828584.888.16$17,435
Aug 202217725294.529.13$19,030
Jul 2022180231101.587.54$20,027
Jun 20220176115.097.98$1,404
May 2022182137109.378.43$21,061
Apr 2022084104.226.84$574
Mar 202218610108.885.08$20,302
Feb 2022013091.054.86$632
Jan 202218214581.844.54$15,553
Dec 202117528271.323.90$13,581
Nov 202117926377.435.24$15,237
Oct 202117836279.795.71$16,271
Sep 202117629669.865.35$13,879
Aug 202117725566.024.22$12,762
Jul 202117628070.783.98$13,572
Jun 202117626069.493.38$13,109
May 202117037163.483.02$11,911
Apr 202118033260.362.76$11,781
Mar 202117838961.302.72$11,968
Feb 202118529157.805.55$12,307
Jan 202118145450.412.81$10,400
Dec 202018428944.642.68$8,987
Nov 202017522138.772.71$7,383
Oct 202017843036.972.48$7,646
Sep 202017637037.091.99$7,265
Aug 202016358539.982.39$7,912
Jul 202017061438.371.83$7,644
Jun 202033444234.901.69$12,404
May 2020016516.921.81$299
Apr 2020013414.751.80$242
Mar 2020024030.341.86$446
Feb 202016937349.881.98$9,169
Jan 2020036757.252.09$769
Dec 201934438559.012.30$21,187
Nov 2019038555.302.75$1,059
Oct 201916939653.472.42$9,994
Sep 201933740355.052.66$19,623
Aug 201916842553.112.30$9,902
Jul 201916638756.272.46$10,293
Jun 201916939152.782.49$9,894
May 2019040558.482.74$1,110
Apr 201933836762.632.75$22,178
Mar 201916940156.803.06$10,827
Feb 201916936450.852.79$9,610
Jan 201916540646.033.23$8,906
Dec 201816240946.594.19$9,259
Nov 201816639352.934.24$10,452
Oct 201816340561.443.40$11,391
Sep 201817138059.543.11$11,362
Aug 201816337359.403.07$10,826
Jul 201832839365.142.93$22,518
Jun 2018035560.183.08$1,092
May 201833740165.382.90$23,196
Apr 201816840663.842.90$11,903
Mar 201817241561.222.79$11,686
Feb 201816837061.782.77$11,403
Jan 201816937662.874.01$12,133
Dec 201717439357.272.92$11,113
Nov 201717633755.423.12$10,805
Oct 201734134649.292.98$17,840
Sep 201716937147.523.09$9,176
Aug 201717436845.373.00$9,000
Jul 201716736943.873.09$8,466
Jun 201717134842.493.09$8,340
May 201717136445.373.26$8,946
Apr 201717133847.933.21$9,282
Mar 201717436946.772.98$9,239
Feb 201717031850.452.95$9,515
Jan 201716836149.413.42$9,535
Dec 201634034948.763.72$17,878
Nov 201616735442.492.64$8,032
Oct 201617439346.193.09$9,252
Sep 201617039941.553.10$8,301
Aug 201616843241.442.92$8,225
Jul 201633249741.622.92$15,271
Jun 201616736245.352.69$8,546
May 201608742.521.99$173
Apr 201617133436.561.99$6,917
Mar 201617136533.011.79$6,300
Feb 201637533126.472.06$10,609
Jan 201618536027.352.36$5,911
Dec 201518437232.362.00$6,699
Nov 201517836038.792.17$7,685
Oct 201518836243.552.43$9,066
Sep 201518737442.992.76$9,071
Aug 201536337840.162.87$15,664
Jul 2015037548.152.95$1,104
Jun 201536133756.152.88$21,242
May 201518241755.212.96$11,281
Apr 201536438749.822.71$19,182
Mar 2015026342.892.93$772
Feb 201518323844.662.98$8,881
Jan 201518623043.433.10$8,791
Dec 201418733754.693.59$11,437
Nov 201418341970.464.25$14,676
Oct 201435344778.303.90$29,384
Sep 2014043586.164.05$1,760
Aug 201418945989.394.04$18,747
Jul 201435647596.564.18$36,361
Jun 201418946998.164.74$20,774
May 201417542594.734.73$18,587
Apr 201439932895.944.81$39,857
Mar 201419223095.895.06$19,574
Feb 201417730997.406.19$19,153
Jan 201420338590.404.86$20,223
Dec 2013016691.824.35$723
Nov 2013017188.853.74$639
Oct 201317930697.423.78$18,595
Sep 2013176425104.113.72$19,903
Aug 2013177460104.253.52$20,073
Jul 2013178409102.523.72$19,769
Jun 201318740694.403.93$19,250
May 201317542494.834.15$18,354
Apr 201337537393.964.28$36,832
Mar 201319043593.623.91$19,490
Feb 201317836891.233.42$17,497
Jan 201318840791.603.42$18,613
Dec 201218040486.773.42$17,000
Nov 201217938286.953.62$16,949
Oct 201217635389.383.40$16,931
Sep 201235829294.672.92$34,744
Aug 201217824092.662.91$17,191
Jul 201217729185.133.02$15,947
Jun 201217817879.822.52$14,656
May 201218141891.612.49$17,622
Apr 2012357418101.652.00$37,124
Mar 2012173433105.052.22$19,136
Feb 2012179401101.102.57$19,128
Jan 201217742898.092.73$18,532
Dec 201118243196.873.24$19,027
Nov 201118141895.723.31$18,709
Oct 201134729484.983.65$30,561
Sep 201135640183.623.99$31,367
Aug 201135117783.404.15$30,008
Jul 2011029294.144.52$1,319
Jun 201116830892.904.64$17,036
May 2011016298.134.40$714
Apr 2011172328105.964.33$19,646
Mar 201151030096.364.06$50,361
Feb 2011024485.644.18$1,020
Jan 201108786.504.59$399
Dec 201034546585.734.35$31,599
Nov 201033783080.843.80$30,393
Oct 201018189878.103.51$17,287
Sep 201016935772.633.98$13,695
Aug 201017027073.684.42$13,719
Jul 201016930172.554.74$13,687
Jun 201016847370.364.91$14,143
May 201017148671.124.24$14,220
Apr 201034246981.694.12$29,872
Mar 201017347578.394.39$15,646
Feb 201017243273.585.44$15,007
Jan 201033745974.365.96$27,797
Dec 200917347671.445.48$14,969
Nov 200934146974.593.75$27,195
Oct 200917150372.544.11$14,472
Sep 200916850265.543.06$12,549
Aug 200934545267.423.22$24,715
Jul 200917143761.133.46$11,967
Jun 200916739166.163.90$12,572
May 200917148554.743.93$11,265
Apr 200916939946.773.59$9,336
Mar 200934346142.144.06$16,325
Feb 200917541532.814.63$7,664
Jan 200916934635.865.37$7,919
Dec 200817346737.105.98$9,210
Nov 200834846555.496.86$22,501
Oct 200817745175.246.92$16,439
Sep 2008179473101.767.88$21,941
Aug 2008182498114.228.48$25,013
Jul 2008354502131.0811.39$52,120
Jun 2008173488131.3313.03$29,080
May 2008176500123.1711.57$27,465
Apr 2008181479110.3110.45$24,974
Mar 2008356476101.909.66$40,877
Feb 200817645392.538.77$20,258
Jan 200817345690.388.21$19,378
Dec 200735045988.337.30$34,267
Nov 200716944791.677.29$18,752
Oct 200734149182.856.92$31,651
Sep 200717343275.846.24$15,818
Aug 200718144469.066.39$15,336
Jul 200735843670.906.39$28,167
Jun 200717943762.007.55$14,397
May 200717344058.747.85$13,614
Apr 200735140259.617.81$24,061
Mar 200735440856.927.30$23,129
Feb 2007040155.108.22$3,295
Jan 200719345650.306.73$12,775
Dec 200636647356.656.92$24,006
Nov 200617447454.207.62$13,041
Oct 200617950354.906.01$12,852
Sep 200636251260.085.04$24,328
Aug 200617953368.717.34$16,211
Jul 200636048169.376.34$28,024
Jun 200635750166.286.38$26,860
May 200617851866.016.42$15,078
Apr 2006020164.397.36$1,479
Mar 200618118356.707.08$11,559
Feb 200618140757.597.75$13,579
Jan 200618146960.598.93$15,157
Dec 200535747154.9413.42$25,932
Nov 200536444754.6910.59$24,640
Oct 2005031658.3413.80$4,359
Sep 200518330861.4512.08$14,966
Aug 200518339161.519.80$15,087
Jul 200517749255.697.84$13,716
Jun 200536147252.337.38$22,375
May 200518350845.226.65$11,654
Apr 200536848449.207.36$21,668
Mar 200517649750.377.15$12,421
Feb 200536744045.226.31$19,373
Jan 200517250643.166.32$10,623
Dec 200436554439.866.75$18,221
Nov 2004253545.286.33$3,477
Oct 200437755149.706.52$22,327
Sep 200418339443.245.28$9,995
Aug 200419222942.375.55$9,406
Jul 200440246038.286.08$18,187
Jun 200425243936.106.43$11,921
May 200426446637.486.49$12,921
Apr 200437442734.475.86$15,393
Mar 200418741934.365.53$8,742
Feb 200417444632.455.51$8,104
Jan 200435441532.036.30$13,953
Dec 200335240330.266.30$13,191
Nov 200318436528.804.60$6,976
Oct 200317041928.174.76$6,783
Sep 200334437326.314.75$10,822
Aug 200317534729.765.13$6,988
Jul 200317936129.415.17$7,131
Jun 200317740328.565.98$7,466
May 200336444326.595.97$12,325
Apr 200334747926.675.41$11,845
Mar 200317752831.146.10$8,730
Feb 200317950133.487.93$9,964
Jan 200335549030.315.58$13,495
Dec 200217747626.914.85$7,073
Nov 200235347324.664.14$10,662
Oct 200218549926.464.23$7,005
Sep 200218043627.443.64$6,524
Aug 200218738625.963.16$6,076
Jul 200236047524.583.06$10,303
Jun 200218446923.733.34$5,932
May 200235549024.663.58$10,510
Apr 200217646523.653.51$5,796
Mar 200235946522.003.10$9,341
Feb 200218542618.222.38$4,383
Jan 200217944917.172.38$4,140
Dec 200134244316.932.36$6,837
Nov 200136146518.072.41$7,642
Oct 200118447419.782.53$4,838
Sep 200118236124.262.25$5,228
Aug 200136347424.873.05$10,475
Jul 200117793123.933.20$7,212
Jun 20011721,30524.563.82$9,215
May 20013481,34825.524.31$14,687
Apr 20011801,20124.685.34$10,850
Mar 20013541,27224.545.38$15,526
Feb 20011771,17227.755.77$11,671
Jan 200136387727.478.40$17,337
Dec 200017467526.889.12$10,835
Nov 200035982032.215.66$16,203
Oct 200017890531.235.15$10,216
Sep 200034179531.875.19$14,991
Aug 200017573929.644.54$8,543
Jul 200034569028.534.09$12,665
Jun 200017858429.304.40$7,783
May 200035184027.263.68$12,659
Apr 200017868924.513.12$6,510
Mar 200035274828.422.86$12,143
Feb 200019373027.622.73$7,321
Jan 200035774225.272.48$10,862
Dec 199917856524.282.42$5,691
Nov 199937278923.192.43$10,547
Oct 199918364820.982.80$5,656
Sep 199937267621.752.62$9,861
Aug 199918375519.262.88$5,696
Jul 199918677217.892.37$5,159
Jun 199936666215.942.36$7,398
May 199917797715.792.32$5,062
Apr 19993631,06215.102.21$7,826
Mar 19991821,02412.471.84$4,152
Feb 19993606739.981.82$4,816
Jan 199918553210.381.90$2,931
Dec 19983864589.201.77$4,363
Nov 199818754810.892.19$3,234
Oct 199818752212.421.97$3,350
Sep 199838449812.592.08$5,872
Aug 199818962411.301.91$3,326
Jul 199818965711.742.24$3,689
Jun 199837171011.242.24$5,759
May 199819453712.622.21$3,633
Apr 199837950413.042.51$6,205
Mar 199819348812.802.31$3,597
Feb 199818051213.952.30$3,688
Jan 199818963214.702.15$4,140
Dec 199737643116.322.41$7,176
Nov 199719034218.193.09$4,512
Oct 199737137319.253.15$8,317
Sep 199718245317.742.95$4,567
Aug 199718555717.862.55$4,727
Jul 199736657017.582.25$7,715
Jun 199718458217.242.26$4,486
May 199736363118.972.31$8,343
Apr 199718962917.882.08$4,689
Mar 199736967218.951.94$8,296
Feb 199719046720.492.21$4,923
Jan 199718962223.483.54$6,639
Dec 199644048123.32$10,261
Nov 199618442321.97$4,042
Oct 199618955523.31$4,406
Sep 199619053322.22$4,222
Aug 199636770320.26$7,435
Jul 199618961519.55$3,695
Jun 199618868618.73$3,521
May 199636561119.43$7,092
Apr 1996448821.51$86
Mar 199637443819.38$7,248
Feb 199618858016.98$3,192
Jan 199619776117.07$3,363
Dec 199539256617.19$6,738
Nov 199518951116.00$3,024
Oct 199518338315.43$2,824
Sep 199518350616.18$2,961
Aug 199536460815.92$5,795
Jul 199518451315.24$2,804
Jun 199517955816.41$2,937
May 199538066617.56$6,673
Apr 199517763217.73$3,138
Mar 199537464116.44$6,149
Feb 199518753216.58$3,100
Jan 199518548915.92$2,945
Dec 199436349615.03$5,456
Nov 199418463515.90$2,926
Oct 199436386415.58$5,656
Sep 19941791,00915.29$2,737
Aug 199418176416.13$2,920
Jul 199436299617.56$6,357
Jun 19941811,13917.09$3,093
May 19943751,02615.88$5,955
Apr 199417893414.14$2,517
Mar 19943621,18512.46$4,511
Feb 199417999612.50$2,238
Jan 19943681,02812.66$4,659
Dec 19931771,18612.33$2,182
Nov 199335995914.49$5,202
Oct 19931791,15515.85$2,837
Sep 19933541,32615.03$5,321
Aug 19931821,64615.66$2,850
Jul 19933511,34715.46$5,426
Jun 19931851,20116.79$3,106
May 19933531,28917.68$6,241
Apr 19931801,42618.05$3,249
Mar 19933561,28218.14$6,458
Feb 19933701,10217.90$6,623
Jan 19931791,25616.93$3,030

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas       125 Mcf  × $  2.87 =       $359

────────────────────────────────────────────────────
Month total                                     $359

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/32498 is the state's own key, not one this site invented.