CRESPI "O"

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 32937District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$374 k
Jan 1993 – Oct 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
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
OilDisposition18,831 bbl$313,762
Casinghead gasProduction66,333 Mcf$60,644
Total$374,406

41,080 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 31.9330, -101.9526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93303, -101.95259 · 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
9,225 ft
1 wells filed one
Completion to plug
12.5 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 9,225 ft.

Completions filed
Dec 1990
1 of 1 wells
Plug dates filed
Jun 2003
1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293228519,225 ftDec 1990Jun 2003Yes

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 (130)

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

130 months

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 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199822971910.892.19$4,065
Oct 199824297612.421.97$4,928
Sep 199824075112.592.08$4,586
Aug 199823576311.301.91$4,111
Jul 19982351,36211.742.24$5,806
Jun 199822066111.242.24$3,952
May 19982081,15912.622.21$5,182
Apr 19982371,18013.042.51$6,047
Mar 19982361,42612.802.31$6,314
Feb 19982141,23313.952.30$5,820
Jan 19982421,39714.702.15$6,568
Dec 19972421,24116.322.41$6,942
Nov 19974841,21018.193.09$12,541
Oct 19972381,11819.253.15$8,103
Sep 199723891217.742.95$6,917
Aug 19972381,13317.862.55$7,145
Jul 199701,13317.582.25$2,546
Jun 19972341,07917.242.26$6,470
May 19972381,10618.972.31$7,068
Apr 19972411,14717.882.08$6,698
Mar 19972401,15118.951.94$6,780
Feb 19972421,14220.492.21$7,478
Jan 19972371,25423.483.54$10,004
Dec 19966111,08123.32$14,249
Nov 19962391,08821.97$5,251
Oct 1996090223.31$0
Sep 19964571,11222.22$10,155
Aug 19962321,17520.26$4,700
Jul 19962371,15619.55$4,633
Jun 19962341,24718.73$4,383
May 19961891,20119.43$3,672
Apr 19962381,03021.51$5,119
Mar 19964601,06719.38$8,915
Feb 19962221,03916.98$3,770
Jan 199623890017.07$4,063
Dec 199544997017.19$7,718
Nov 1995052516.00$0
Oct 199543996215.43$6,774
Sep 19952231,02616.18$3,608
Aug 19952161,08815.92$3,439
Jul 19954311,13915.24$6,568
Jun 19952151,07116.41$3,528
May 19952081,10617.56$3,652
Apr 199523496117.73$4,149
Mar 19952271,03016.44$3,732
Feb 199523283516.58$3,847
Jan 199522773915.92$3,614
Dec 199423562015.03$3,532
Nov 199447979615.90$7,616
Oct 199422669415.58$3,521
Sep 199423766415.29$3,624
Aug 199423163016.13$3,726
Jul 199423675317.56$4,144
Jun 199420684017.09$3,521
May 199421592415.88$3,414
Apr 19944591,04514.14$6,490
Mar 199423968312.46$2,978
Feb 199423861412.50$2,975
Jan 199423767112.66$3,000
Dec 199322948512.33$2,824
Nov 199347945814.49$6,941
Oct 199319960315.85$3,154
Sep 199323761715.03$3,562
Aug 199345687015.66$7,141
Jul 199323780715.46$3,664
Jun 199344373316.79$7,438
May 199323768717.68$4,190
Apr 199320367518.05$3,664
Mar 199338646318.14$7,002
Feb 199320550517.90$3,670
Jan 199341479316.93$7,009

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.

Nov 1998 — as filed, then multipliedworked
Oil                  229 bbl  × $ 10.89 =     $2,494
Casinghead gas       719 Mcf  × $  2.19 =     $1,572

────────────────────────────────────────────────────
Month total                                   $4,065

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/32937 is the state's own key, not one this site invented.