NESTE-HERZOG "11"

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 40148District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.5 M
Mar 2010 – Apr 2020
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
122
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
OilDisposition28,439 bbl$2,231,284
Casinghead gasProduction60,763 Mcf$219,942
Total$2,451,226

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 32.0302, -101.7125. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03019, -101.71249 · 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
10,125 ft
1 wells filed one
Completion to plug
9.8 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 10,125 ft.

Completions filed
Mar 2010
1 of 1 wells
Plug dates filed
Dec 2019
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17333407110,125 ftMar 2010Dec 2019Yes

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 (122)

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

122 months

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 201964053.472.42$3,422
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 2018012060.183.08$369
May 2018012465.382.90$360
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017012457.272.92$362
Nov 201714312055.423.12$8,299
Oct 2017014149.292.98$421
Sep 2017030447.523.09$939
Aug 201716047045.373.00$8,671
Jul 201719528743.873.09$9,441
Jun 2017033342.493.09$1,028
May 201716335545.373.26$8,554
Apr 2017029947.933.21$960
Mar 201717040846.772.98$9,168
Feb 201718240750.452.95$10,384
Jan 201719047349.413.42$11,005
Dec 201616947548.763.72$10,009
Nov 201617746042.492.64$8,737
Oct 201617149146.193.09$9,416
Sep 201617547541.553.10$8,744
Aug 2016048441.442.92$1,415
Jul 201617044841.622.92$8,386
Jun 201617650145.352.69$9,327
May 201617349342.521.99$8,338
Apr 201616550336.561.99$7,034
Mar 201617252733.011.79$6,623
Feb 201636847726.472.06$10,725
Jan 2016051427.352.36$1,215
Dec 201535250732.362.00$12,405
Nov 2015050638.792.17$1,097
Oct 201537351443.552.43$17,491
Sep 2015050442.992.76$1,390
Aug 201537154440.162.87$16,462
Jul 2015053048.152.95$1,561
Jun 201535851456.152.88$21,583
May 2015056155.212.96$1,658
Apr 201537550649.822.71$20,052
Mar 2015051642.892.93$1,514
Feb 201537748444.662.98$18,277
Jan 2015052943.433.10$1,640
Dec 201436354854.693.59$21,821
Nov 2014053470.464.25$2,270
Oct 201437657878.303.90$31,696
Sep 201418754186.164.05$18,301
Aug 201418554289.394.04$18,724
Jul 201435656196.564.18$36,720
Jun 2014053798.164.74$2,544
May 201435453494.734.73$36,058
Apr 201433843795.944.81$34,529
Mar 2014055395.895.06$2,796
Feb 201434650097.406.19$36,796
Jan 201435254390.404.86$34,460
Dec 2013055091.824.35$2,395
Nov 201336855188.853.74$34,757
Oct 201338458497.423.78$39,616
Sep 2013348591104.113.72$38,427
Aug 2013170642104.253.52$19,984
Jul 2013358586102.523.72$38,881
Jun 2013059894.403.93$2,352
May 201335369294.834.15$36,346
Apr 201336467293.964.28$37,079
Mar 2013057693.623.91$2,254
Feb 201346249291.233.42$43,831
Jan 201336062991.603.42$35,127
Dec 201236362986.773.42$33,649
Nov 2012058986.953.62$2,135
Oct 201236472989.383.40$35,013
Sep 201271972994.672.92$70,195
Aug 2012076792.662.91$2,231
Jul 201235773485.133.02$32,609
Jun 201236273079.822.52$30,734
May 201235964091.612.49$34,481
Apr 2012721788101.652.00$74,863
Mar 20120788105.052.22$1,751
Feb 2012375656101.102.57$39,599
Jan 201236963298.092.73$37,923
Dec 201137459096.873.24$38,141
Nov 201175960495.723.31$74,651
Oct 201118075284.983.65$18,040
Sep 201136450183.623.99$32,435
Aug 201171866583.404.15$62,641
Jul 201169757894.144.52$68,227
Jun 201151659592.904.64$50,697
May 2011083398.134.40$3,669
Apr 20116921,034105.964.33$77,805
Mar 20113471,06096.364.06$37,738
Feb 201168795085.644.18$62,806
Jan 20113491,12986.504.59$35,369
Dec 20106921,21985.734.35$64,625
Nov 20106831,28080.843.80$60,072
Oct 20107311,47878.103.51$62,277
Sep 20101,0551,78472.633.98$83,724
Aug 20101,0532,88573.684.42$90,335
Jul 20101,4131,79772.554.74$111,025
Jun 20101,0351,10270.364.91$78,234
May 20106921,02671.124.24$53,560
Apr 2010069281.694.12$2,853
Mar 2010019978.394.39$873

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.

Oct 2019 — as filed, then multipliedworked
Oil                   64 bbl  × $ 53.47 =     $3,422
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $3,422

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/40148 is the state's own key, not one this site invented.