TWEENER 4

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 41082District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$758 k
Apr 2011 – Apr 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
109
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
OilDisposition9,145 bbl$741,668
Casinghead gasProduction4,807 Mcf$16,546
Total$758,213

Every month this lease reported (109)

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

109 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 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 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201748043.873.09$2,106
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20172094447.933.21$10,159
Mar 201778046.772.98$566
Feb 201704850.452.95$142
Jan 20172038549.413.42$10,321
Dec 2016011748.763.72$436
Nov 20166711342.492.64$3,146
Oct 20166212046.193.09$3,235
Sep 2016011541.553.10$357
Aug 2016977541.442.92$4,239
Jul 20161038841.622.92$4,544
Jun 2016887045.352.69$4,179
May 20161074742.521.99$4,643
Apr 201603236.561.99$64
Mar 20161366033.011.79$4,597
Feb 20161361226.472.06$3,625
Jan 2016175027.352.36$4,786
Dec 20150032.362.00$0
Nov 201535038.792.17$1,358
Oct 20150043.552.43$0
Sep 2015841842.992.76$3,661
Aug 20151484040.162.87$6,059
Jul 201502848.152.95$82
Jun 201502656.152.88$75
May 20151032655.212.96$5,763
Apr 2015993749.822.71$5,032
Mar 20151252942.892.93$5,446
Feb 201502344.662.98$68
Jan 201506243.433.10$192
Dec 20141623554.693.59$8,985
Nov 201406070.464.25$255
Oct 20141196278.303.90$9,560
Sep 20145814286.164.05$5,572
Aug 201407289.394.04$291
Jul 20141935896.564.18$18,879
Jun 20142014298.164.74$19,929
May 2014643994.734.73$6,247
Apr 2014612595.944.81$5,973
Mar 2014584295.895.06$5,774
Feb 20141199597.406.19$12,179
Jan 20141265190.404.86$11,638
Dec 201307491.824.35$322
Nov 20131686188.853.74$15,155
Oct 201308897.423.78$333
Sep 2013118163104.113.72$12,891
Aug 201314985104.253.52$15,833
Jul 201300102.523.72$0
Jun 201317017394.403.93$16,728
May 20137611594.834.15$7,684
Apr 201321819793.964.28$21,327
Mar 20137010193.623.91$6,949
Feb 20132363391.233.42$21,643
Jan 201306991.603.42$236
Dec 20122146086.773.42$18,774
Nov 2012356486.953.62$30,969
Oct 201206989.383.40$235
Sep 20128512694.672.92$8,415
Aug 201229710192.662.91$27,814
Jul 201229011185.133.02$25,023
Jun 201217413779.822.52$14,234
May 20123088991.612.49$28,437
Apr 2012481127101.652.00$49,147
Mar 2012558172105.052.22$59,000
Feb 2012059101.102.57$152
Jan 2012632398.092.73$6,243
Dec 2011662196.873.24$6,461
Nov 201102995.723.31$96
Oct 20111448884.983.65$12,558
Sep 201123116083.623.99$19,954
Aug 20111518983.404.15$12,963
Jul 20115794094.144.52$54,688
Jun 20117502592.904.64$69,791
May 20110098.134.40$0
Apr 201100105.964.33$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.

Jul 2017 — as filed, then multipliedworked
Oil                   48 bbl  × $ 43.87 =     $2,106
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $2,106

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/41082 is the state's own key, not one this site invented.