SALE RANCH "P"

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 42938District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.2 M
Feb 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
172
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
OilDisposition60,473 bbl$3,957,889
Casinghead gasProduction84,948 Mcf$275,675
Total$4,233,564

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 32.2104, -101.9159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21038, -101.91594 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,648 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,648 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-31737214410,648 ftFeb 2012

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 (172)

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

172 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 2023137080.522.67$11,031
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023075072.852.39$1,795
Feb 2023071375.112.47$1,758
Jan 202316942676.533.39$14,377
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220694.529.13$55
Jul 2022016101.587.54$121
Jun 202213114115.097.98$15,188
May 202215777109.378.43$17,820
Apr 2022258591104.226.84$30,930
Mar 2022589950108.885.08$68,953
Feb 202237366191.054.86$37,173
Jan 202235465081.844.54$31,921
Dec 202123563371.323.90$19,228
Nov 202136152977.435.24$30,723
Oct 202135963179.795.71$32,250
Sep 2021055269.865.35$2,954
Aug 202135959666.024.22$26,217
Jul 20213581,06370.783.98$29,572
Jun 202153883869.493.38$40,219
May 202153876263.483.02$36,452
Apr 202135875560.362.76$23,691
Mar 202170156261.302.72$44,498
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202093044.642.68$4,152
Nov 20200038.772.71$0
Oct 2020016936.972.48$419
Sep 202035451137.091.99$14,147
Aug 202036052839.982.39$15,652
Jul 202030132038.371.83$12,133
Jun 202017826134.901.69$6,653
May 202034750816.921.81$6,793
Apr 202017735514.751.80$3,251
Mar 202035755130.341.86$11,854
Feb 202035959449.881.98$19,083
Jan 202036066257.252.09$21,997
Dec 201935058959.012.30$22,011
Nov 201936364255.302.75$21,840
Oct 201953848153.472.42$29,930
Sep 201935213855.052.66$19,744
Aug 201953014953.112.30$28,492
Jul 20195399256.272.46$30,556
Jun 201917943452.782.49$10,529
May 201971857258.482.74$43,556
Apr 201935947762.632.75$23,796
Mar 201971770156.803.06$42,872
Feb 201916170450.852.79$10,153
Jan 201936415146.033.23$17,242
Dec 201836432046.594.19$18,298
Nov 201836755252.934.24$21,764
Oct 201836624861.443.40$23,330
Sep 201835758559.543.11$23,074
Aug 201853371559.403.07$33,853
Jul 201871660765.142.93$48,420
Jun 201835659960.183.08$23,267
May 201871950265.382.90$48,464
Apr 201836363263.842.90$25,007
Mar 201836567161.222.79$24,215
Feb 201872361961.782.77$46,379
Jan 201836473662.874.01$25,836
Dec 201736166657.272.92$22,620
Nov 201772178155.423.12$42,393
Oct 201717463149.292.98$10,459
Sep 201770249747.523.09$34,893
Aug 201772085345.373.00$35,229
Jul 20177201,03243.873.09$34,772
Jun 20177131,00242.493.09$33,389
May 201735699245.373.26$19,389
Apr 201771287447.933.21$36,933
Mar 201771198346.772.98$36,186
Feb 201735177550.452.95$19,996
Jan 201772380649.413.42$38,479
Dec 201672389648.763.72$38,589
Nov 201671496942.492.64$32,900
Oct 201653597646.193.09$27,728
Sep 20168971,02641.553.10$40,452
Aug 20163561,07341.442.92$17,890
Jul 20161,07195241.622.92$47,359
Jun 201653571645.352.69$26,185
May 201653874542.521.99$24,359
Apr 201671975736.561.99$27,794
Mar 20161,07781533.011.79$37,014
Feb 20161,06483626.472.06$29,889
Jan 2016020727.352.36$489
Dec 201518242832.362.00$6,746
Nov 201536156538.792.17$15,228
Oct 201571073343.552.43$32,699
Sep 201535877942.992.76$17,539
Aug 201535383840.162.87$16,584
Jul 201571091848.152.95$36,890
Jun 201535592756.152.88$22,606
May 201536287855.212.96$22,581
Apr 201536081349.822.71$20,136
Mar 201571978242.892.93$33,133
Feb 201536256144.662.98$17,837
Jan 201536731643.433.10$16,919
Dec 201435514554.693.59$19,936
Nov 201436033770.464.25$26,798
Oct 201436324078.303.90$29,359
Sep 201436162186.164.05$33,616
Aug 20143611,06489.394.04$36,563
Jul 201435053496.564.18$36,028
Jun 201436892298.164.74$40,490
May 201471468994.734.73$70,894
Apr 201433563395.944.81$35,184
Mar 20147231,00195.895.06$74,390
Feb 201435968297.406.19$39,190
Jan 201436267190.404.86$35,986
Dec 201372492591.824.35$70,506
Nov 20133611,31988.853.74$37,006
Oct 201372393197.423.78$73,953
Sep 20133651,298104.113.72$42,826
Aug 20137181,389104.253.52$79,744
Jul 2013724981102.523.72$77,872
Jun 201335954194.403.93$36,018
May 201372939894.834.15$70,782
Apr 201337347993.964.28$37,098
Mar 201372549393.623.91$69,804
Feb 201336644491.233.42$34,909
Jan 20131,08048391.603.42$100,580
Dec 201255148986.773.42$49,483
Nov 201273845686.953.62$65,822
Oct 201273052189.383.40$67,019
Sep 201272479894.672.92$70,870
Aug 20121,0981,14092.662.91$105,056
Jul 20121,4591,54685.133.02$128,875
Jun 20121,4421,92879.822.52$119,957
May 20121,0901,76391.612.49$104,242
Apr 20123661,292101.652.00$39,784
Mar 201201,020105.052.22$2,267
Feb 20121227101.102.57$685

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.

Aug 2023 — as filed, then multipliedworked
Oil                  137 bbl  × $ 80.52 =    $11,031
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                  $11,031

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/42938 is the state's own key, not one this site invented.