POE

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 38501District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.0 M
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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
OilDisposition44,831 bbl$3,678,949
Casinghead gasProduction69,224 Mcf$299,676
Total$3,978,625

Wells on this lease (2)

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 32.0370, -101.7133. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.03704, -101.71328 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
10,087 ft
2 wells filed one
Completion to plug
9.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 9,895 and 10,278 ft, median 10,087 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2007 – Jun 2018
2 of 2 wells
Plug dates filed
Dec 2016
1 of 2 wells; 1 filed none

Last completion to plug: a median of 9.0 years across the 1 well that filed both dates, with the middle half between 9.0 years and 9.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-17333883210,278 ftJun 2018
42-1733326419,895 ftDec 2007Dec 2016Yes

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 (231)

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

231 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201814060.183.08$843
May 20181126865.382.90$1,497
Apr 20181536363.842.90$2,011
Mar 20181033761.222.79$1,551
Feb 20181028761.782.77$1,412
Jan 2018626462.874.01$1,436
Dec 2017630157.272.92$1,223
Nov 2017535555.423.12$1,384
Oct 2017446449.292.98$1,582
Sep 2017141047.523.09$1,313
Aug 2017233345.373.00$1,091
Jul 2017853043.873.09$1,987
Jun 2017652942.493.09$1,888
May 2017237045.373.26$1,298
Apr 2017023147.933.21$742
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201709149.413.42$311
Dec 2016033548.763.72$1,247
Nov 2016029042.492.64$767
Oct 2016019746.193.09$609
Sep 20160041.553.10$0
Aug 201657041.442.92$2,362
Jul 201622723341.622.92$10,129
Jun 201613754845.352.69$7,685
May 201634153542.521.99$15,565
Apr 201629652136.561.99$11,859
Mar 201623849733.011.79$8,748
Feb 201632552226.472.06$9,680
Jan 201631048227.352.36$9,618
Dec 201521857732.362.00$8,209
Nov 201530561038.792.17$13,153
Oct 201526554343.552.43$12,858
Sep 201527760242.992.76$13,569
Aug 201533551940.162.87$14,944
Jul 201539949148.152.95$20,658
Jun 201523857456.152.88$15,018
May 201538564155.212.96$23,150
Apr 201536558849.822.71$19,776
Mar 201533054642.892.93$15,756
Feb 201523254844.662.98$11,992
Jan 201550967543.433.10$24,199
Dec 201432472154.693.59$20,309
Nov 201435561870.464.25$27,641
Oct 201430558478.303.90$26,160
Sep 201430457186.164.05$28,503
Aug 201453682289.394.04$51,230
Jul 201434669296.564.18$36,302
Jun 201441982198.164.74$45,018
May 201437479394.734.73$39,177
Apr 201434374595.944.81$36,490
Mar 201457187295.895.06$59,163
Feb 201435368397.406.19$38,611
Jan 201440793690.404.86$41,342
Dec 201361796591.824.35$60,855
Nov 20132931,03988.853.74$29,917
Oct 20134851,15597.423.78$51,614
Sep 20133811,073104.113.72$43,655
Aug 20135781,191104.253.52$64,452
Jul 2013614114102.523.72$63,371
Jun 20139418494.403.93$89,161
May 20133808794.834.15$36,396
Apr 20136808493.964.28$64,253
Mar 201308793.623.91$340
Feb 20136557891.233.42$60,022
Jan 20134548791.603.42$41,884
Dec 20127858786.773.42$68,412
Nov 20126898486.953.62$60,213
Oct 201248739089.383.40$44,854
Sep 20126701,13994.672.92$66,753
Aug 20121,1381,11692.662.91$108,693
Jul 20122,0722,49885.133.02$183,935
Jun 20128791,84679.822.52$74,812
May 20121,5061,38991.612.49$141,421
Apr 20121,416553101.652.00$145,041
Mar 20121,290824105.052.22$137,345
Feb 20121,7761,325101.102.57$182,959
Jan 20121,1171,14698.092.73$112,700
Dec 20117101,04696.873.24$72,166
Nov 201174480095.723.31$73,865
Oct 201173322484.983.65$63,108
Sep 201172525583.623.99$61,641
Aug 201171482283.404.15$62,958
Jul 201136839694.144.52$36,432
Jun 2011015092.904.64$696
May 2011021698.134.40$951
Apr 2011356204105.964.33$38,606
Mar 2011022496.364.06$909
Feb 2011014285.644.18$594
Jan 201118323486.504.59$16,903
Dec 2010025385.734.35$1,100
Nov 201018324280.843.80$15,712
Oct 201018226278.103.51$15,134
Sep 2010025172.633.98$999
Aug 201016427073.684.42$13,277
Jul 201018428672.554.74$14,704
Jun 201017830070.364.91$13,997
May 2010027571.124.24$1,165
Apr 201018227781.694.12$16,010
Mar 201018029678.394.39$15,409
Feb 2010026973.585.44$1,464
Jan 201017025974.365.96$14,186
Dec 200916929671.445.48$13,697
Nov 200935731174.593.75$27,795
Oct 2009034572.544.11$1,418
Sep 200936229865.543.06$24,639
Aug 2009033267.423.22$1,069
Jul 2009033961.133.46$1,174
Jun 200935735966.163.90$25,017
May 2009034154.743.93$1,339
Apr 200935527346.773.59$17,583
Mar 2009035142.144.06$1,425
Feb 200935927432.814.63$13,048
Jan 2009027035.865.37$1,450
Dec 200836631337.105.98$15,449
Nov 2008031255.496.86$2,140
Oct 200837013075.246.92$28,739
Sep 20080271101.767.88$2,135
Aug 2008360376114.228.48$44,309
Jul 20080381131.0811.39$4,339
Jun 2008365428131.3313.03$53,513
May 2008361457123.1711.57$49,754
Apr 20082436110.3110.45$4,779
Mar 2008359560101.909.66$41,994
Feb 200836572492.538.77$40,123
Jan 200873052290.388.21$70,261
Dec 200708788.337.30$635
Nov 200708491.677.29$613
Oct 200708782.856.92$602
Sep 2007080575.846.24$5,027
Aug 20073521,21569.066.39$32,070
Jul 20073521,95770.906.39$37,458
Jun 20077133,47562.007.55$70,437
May 20071,0631,16358.747.85$71,566
Apr 200772910659.617.81$44,283
Mar 200708756.927.30$635

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.

Jun 2018 — as filed, then multipliedworked
Oil                   14 bbl  × $ 60.18 =       $843
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                     $843

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/38501 is the state's own key, not one this site invented.