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 38143District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.4 M
Mar 2007 – May 2017
Value, last 12 filed months
$50
at the published price for each month
Months reported
123
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
OilDisposition13,361 bbl$1,087,118
Casinghead gasProduction50,653 Mcf$277,792
Total$1,364,910

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 31.9339, -101.9488. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93394, -101.94875 · 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
9,328 ft
1 wells filed one
Completion to plug
10.1 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 9,328 ft.

Completions filed
Mar 2007
1 of 1 wells
Plug dates filed
Apr 2017
1 of 1 wells

Last completion to plug: a median of 10.1 years across the 1 well that filed both dates, with the middle half between 10.1 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293533929,328 ftMar 2007Apr 2017Yes

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 (123)

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

123 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20171050.452.95$50
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201536055.212.96$1,988
Apr 2015140049.822.71$6,975
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201405578.303.90$215
Sep 2014022386.164.05$902
Aug 2014022189.394.04$892
Jul 201418430896.564.18$19,054
Jun 2014437298.164.74$2,155
May 201419139894.734.73$19,975
Apr 2014026695.944.81$1,279
Mar 2014030195.895.06$1,522
Feb 201418533897.406.19$20,112
Jan 201418935690.404.86$18,816
Dec 2013038191.824.35$1,659
Nov 2013035788.853.74$1,335
Oct 201318237397.423.78$19,140
Sep 20130366104.113.72$1,361
Aug 2013185421104.253.52$20,769
Jul 2013181421102.523.72$20,121
Jun 2013039494.403.93$1,550
May 201317337894.834.15$17,974
Apr 2013037893.964.28$1,619
Mar 201317441393.623.91$17,906
Feb 2013037491.233.42$1,279
Jan 201318840291.603.42$18,596
Dec 2012042386.773.42$1,447
Nov 201218442886.953.62$17,550
Oct 201218345089.383.40$17,886
Sep 2012041594.672.92$1,211
Aug 201217444292.662.91$17,408
Jul 2012046685.133.02$1,408
Jun 201217844379.822.52$15,324
May 201217844891.612.49$17,421
Apr 20120444101.652.00$887
Mar 2012181436105.052.22$19,983
Feb 2012176417101.102.57$18,865
Jan 2012044698.092.73$1,219
Dec 201118748096.873.24$19,670
Nov 2011023795.723.31$785
Oct 201118447684.983.65$17,373
Sep 201116547883.623.99$15,703
Aug 201116746683.404.15$15,861
Jul 201116851394.144.52$18,133
Jun 2011050692.904.64$2,348
May 2011051598.134.40$2,268
Apr 2011168484105.964.33$19,899
Mar 201117051496.364.06$18,467
Feb 2011043685.644.18$1,822
Jan 201117247886.504.59$17,071
Dec 201017247985.734.35$16,828
Nov 201017146780.843.80$15,596
Oct 2010052678.103.51$1,846
Sep 201016752772.633.98$14,226
Aug 201017652673.684.42$15,292
Jul 2010053272.554.74$2,520
Jun 201016948670.364.91$14,277
May 201017252271.124.24$14,443
Apr 201017150481.694.12$16,047
Mar 2010048278.394.39$2,115
Feb 201017242173.585.44$14,947
Jan 201017247974.365.96$15,647
Dec 200917348571.445.48$15,019
Nov 2009049574.593.75$1,857
Oct 200917152472.544.11$14,558
Sep 200917149365.543.06$12,718
Aug 200917358667.423.22$13,550
Jul 200917359161.133.46$12,623
Jun 2009063066.163.90$2,454
May 200917066654.743.93$11,920
Apr 200917364346.773.59$10,398
Mar 200917465942.144.06$10,007
Feb 200917059832.814.63$8,348
Jan 200918062635.865.37$9,817
Dec 200818465337.105.98$10,729
Nov 2008064755.496.86$4,439
Oct 200834768675.246.92$30,857
Sep 20080669101.767.88$5,270
Aug 2008175725114.228.48$26,139
Jul 2008324587131.0811.39$49,156
Jun 200888703131.3313.03$20,719
May 2008348746123.1711.57$51,498
Apr 20080681110.3110.45$7,120
Mar 2008420656101.909.66$49,138
Feb 2008063692.538.77$5,578
Jan 200823656890.388.21$25,991
Dec 200716177588.337.30$19,880
Nov 200740187091.677.29$43,103
Oct 200722689982.856.92$24,947
Sep 200723393975.846.24$23,534
Aug 20074351,28569.066.39$38,250
Jul 20074811,36470.906.39$42,816
Jun 2007036562.007.55$2,755
May 200743766658.747.85$30,895
Apr 20077051,91959.617.81$57,003
Mar 20072422,33056.927.30$30,788

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 2017 — as filed, then multipliedworked
Oil                    1 bbl  × $ 50.45 =        $50
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                      $50

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/38143 is the state's own key, not one this site invented.