TWEENER 7

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 41329District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$661 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
OilDisposition8,101 bbl$642,392
Casinghead gasProduction5,330 Mcf$18,403
Total$660,795

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 20178712443.873.09$4,200
Jun 2017012042.493.09$370
May 2017016645.373.26$542
Apr 201714112047.933.21$7,144
Mar 201739746.772.98$430
Feb 201707150.452.95$210
Jan 201714911049.413.42$7,738
Dec 2016011748.763.72$436
Nov 201610211342.492.64$4,633
Oct 201610412046.193.09$5,175
Sep 2016011541.553.10$357
Aug 2016817541.442.92$3,576
Jul 2016604941.622.92$2,640
Jun 2016803345.352.69$3,717
May 2016578442.521.99$2,591
Apr 201607936.561.99$157
Mar 2016302133.011.79$1,028
Feb 2016331126.472.06$896
Jan 2016332027.352.36$9,080
Dec 20150032.362.00$0
Nov 2015144038.792.17$5,586
Oct 20150043.552.43$0
Sep 2015952142.992.76$4,142
Aug 2015362840.162.87$1,526
Jul 20150648.152.95$18
Jun 20150456.152.88$12
May 2015822355.212.96$4,595
Apr 2015895749.822.71$4,588
Mar 20151804442.892.93$7,849
Feb 201502744.662.98$80
Jan 201509343.433.10$288
Dec 20143115454.693.59$17,203
Nov 2014015870.464.25$672
Oct 201411114678.303.90$9,261
Sep 20145114286.164.05$4,969
Aug 2014013489.394.04$541
Jul 201418712296.564.18$18,567
Jun 20141928998.164.74$19,268
May 2014753894.734.73$7,284
Apr 2014733095.944.81$7,148
Mar 2014652495.895.06$6,354
Feb 20141314597.406.19$13,038
Jan 20141544690.404.86$14,145
Dec 2013011091.824.35$479
Nov 20132006488.853.74$18,009
Oct 201307397.423.78$276
Sep 201313199104.113.72$14,006
Aug 201314066104.253.52$14,827
Jul 20130144102.523.72$535
Jun 20131248894.403.93$12,052
May 2013575694.834.15$5,638
Apr 20131949093.964.28$18,614
Mar 2013649293.623.91$6,352
Feb 20132062691.233.42$18,882
Jan 201304391.603.42$147
Dec 20122544886.773.42$22,204
Nov 20122591186.953.62$22,560
Oct 201206989.383.40$235
Sep 20126110494.672.92$6,078
Aug 20121779692.662.91$16,680
Jul 20121345085.133.02$11,558
Jun 2012917979.822.52$7,463
May 20121267591.612.49$11,729
Apr 201233186101.652.00$33,818
Mar 2012388166105.052.22$41,128
Feb 2012017101.102.57$44
Jan 2012482598.092.73$4,777
Dec 2011603796.873.24$5,932
Nov 201104795.723.31$156
Oct 201111418384.983.65$10,355
Sep 201137514083.623.99$31,916
Aug 20113058383.404.15$25,781
Jul 20114988294.144.52$47,252
Jun 20115292592.904.64$49,260
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                   87 bbl  × $ 43.87 =     $3,817
Casinghead gas       124 Mcf  × $  3.09 =       $383

────────────────────────────────────────────────────
Month total                                   $4,200

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/41329 is the state's own key, not one this site invented.