AXP "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 41053District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$8.5 M
Jan 2011 – Apr 2023
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
148
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
OilDisposition120,524 bbl$7,922,985
Casinghead gasProduction190,370 Mcf$606,990
Total$8,529,974

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 31.9836, -101.9312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.98363, -101.93123 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
10,441 ft
2 wells filed one
Completion to plug
10.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 10,421 and 10,460 ft, median 10,441 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2011 – Feb 2014
2 of 2 wells
Plug dates filed
Jun 2022 – Aug 2022
2 of 2 wells

Last completion to plug: a median of 10.0 years across the 2 wells that filed both dates, with the middle half between 9.2 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-32938826610,460 ftFeb 2014Jun 2022Yes
42-32936869110,421 ftJan 2011Aug 2022Yes

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 (148)

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

148 months

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 2022201087.185.86$17,523
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 20211069.865.35$70
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021166063.483.02$10,538
Apr 20213545,82560.362.76$37,435
Mar 20213555,13561.302.72$35,713
Feb 202106457.805.55$355
Jan 2021066250.412.81$1,860
Dec 202001844.642.68$48
Nov 202053848238.772.71$22,163
Oct 202053788836.972.48$22,054
Sep 20205341,15937.091.99$22,114
Aug 20208921,18239.982.39$38,481
Jul 20208551,12538.371.83$34,860
Jun 202049983234.901.69$18,821
May 202053083616.921.81$10,485
Apr 202069185414.751.80$11,733
Mar 20207211,16230.341.86$24,032
Feb 202054194949.881.98$28,865
Jan 20207201,07657.252.09$43,474
Dec 20198961,31359.012.30$55,899
Nov 20196861,39855.302.75$41,781
Oct 20191,2561,82453.472.42$71,570
Sep 20191,0491,93955.052.66$62,900
Aug 20191,0421,98753.112.30$59,919
Jul 20191,0691,95256.272.46$64,955
Jun 20191,4221,34352.782.49$78,399
May 20191,2401,21258.482.74$75,836
Apr 20191,0761,31862.632.75$71,015
Mar 20191,0782,73456.803.06$69,602
Feb 20199091,77450.852.79$51,176
Jan 20191,2741,49446.033.23$63,465
Dec 20181,5141,66646.594.19$77,510
Nov 20189171,74752.934.24$55,939
Oct 20181,2981,61361.443.40$85,230
Sep 20181,0801,14359.543.11$67,856
Aug 20181,2861,05159.403.07$79,611
Jul 20181,3131,80065.142.93$90,806
Jun 20181,2812,10560.183.08$83,568
May 20181,5042,32165.382.90$105,064
Apr 20181,7211,91263.842.90$115,415
Mar 20187851,33261.222.79$51,770
Feb 20183931,08761.782.77$27,286
Jan 20187381,98862.874.01$54,369
Dec 20176941,94357.272.92$45,422
Nov 20171,0121,56055.423.12$60,950
Oct 20171,1331,86449.292.98$61,407
Sep 20171,1102,07847.523.09$59,163
Aug 20171,3002,41345.373.00$66,231
Jul 20171,6002,27243.873.09$77,206
Jun 20171,1622,11042.493.09$55,888
May 20171,2772,18245.373.26$65,058
Apr 20171,3242,35647.933.21$71,026
Mar 20171,4702,32746.772.98$75,695
Feb 20171,3092,03950.452.95$72,059
Jan 20171,3602,13549.413.42$74,497
Dec 20161,5622,27248.763.72$84,621
Nov 20161,2632,06542.492.64$59,125
Oct 20161,4601,95946.193.09$73,491
Sep 20161,5851,99941.553.10$72,055
Aug 20161,4442,82041.442.92$68,086
Jul 20161,5512,67641.622.92$72,378
Jun 20161,6312,37545.352.69$80,345
May 20169081,62242.521.99$41,838
Apr 20161,1391,33836.561.99$44,306
Mar 20169041,37433.011.79$32,306
Feb 20168541,18626.472.06$25,053
Jan 20168751,08227.352.36$26,489
Dec 201535172432.362.00$12,807
Nov 20158751,02338.792.17$36,158
Oct 20159071,11043.552.43$42,193
Sep 20157151,40142.992.76$34,602
Aug 20158801,21640.162.87$38,834
Jul 20155321,44448.152.95$29,869
Jun 20158491,40256.152.88$51,713
May 201535165155.212.96$21,303
Apr 20158861,45749.822.71$48,084
Mar 20155231,36342.892.93$26,431
Feb 201518176144.662.98$10,348
Jan 201551993443.433.10$25,436
Dec 20141,5142,08754.693.59$90,296
Nov 20141,5512,11470.464.25$118,272
Oct 20141,8762,35478.303.90$156,074
Sep 20141,0211,73786.164.05$94,996
Aug 20141,7272,48889.394.04$164,416
Jul 20142,2362,52696.564.18$226,466
Jun 20142,4162,40798.164.74$248,556
May 20142,5581,77194.734.73$250,690
Apr 20142,0972,41495.944.81$212,795
Mar 20141,5871,10595.895.06$157,765
Feb 201416752097.406.19$19,486
Jan 201447664090.404.86$46,141
Dec 201351792591.824.35$51,499
Nov 201352992888.853.74$50,471
Oct 201384498597.423.78$85,945
Sep 2013350717104.113.72$39,104
Aug 20136911,438104.253.52$77,102
Jul 2013672840102.523.72$72,016
Jun 20133491,13894.403.93$37,422
May 20131,0091,64494.834.15$102,505
Apr 20138511,57093.964.28$86,684
Mar 201352178393.623.91$51,840
Feb 20136981,24791.233.42$67,943
Jan 201351269291.603.42$49,266
Dec 20126991,04186.773.42$64,213
Nov 20125001,00886.953.62$47,129
Oct 20121,0671,21689.383.40$99,502
Sep 20123491,02794.672.92$36,037
Aug 20126881,20592.662.91$67,254
Jul 20128731,30385.133.02$78,255
Jun 20128691,28479.822.52$72,598
May 20128741,27091.612.49$83,227
Apr 2012519940101.652.00$54,633
Mar 20121,2401,477105.052.22$133,544
Feb 2012351664101.102.57$37,193
Jan 20128681,65398.092.73$89,662
Dec 20118811,76696.873.24$91,064
Nov 20118741,64895.723.31$89,116
Oct 20111,2081,22584.983.65$107,125
Sep 20111,0231,15583.623.99$90,147
Aug 20111,0511,32283.404.15$93,139
Jul 20115261,01994.144.52$54,121
Jun 20111,0501,74592.904.64$105,642
May 20111,4382,46198.134.40$151,951
Apr 20111,5972,390105.964.33$179,575
Mar 20111,5462,08796.364.06$157,440
Feb 20111,20655985.644.18$105,618
Jan 20110086.504.59$0

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 2022 — as filed, then multipliedworked
Oil                  201 bbl  × $ 87.18 =    $17,523
Casinghead gas         0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                  $17,523

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/41053 is the state's own key, not one this site invented.