SALE RANCH V

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 45451District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.1 M
Nov 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
139
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
OilDisposition20,363 bbl$1,023,845
Casinghead gasProduction9,814 Mcf$28,066
Total$1,051,910

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 32.2017, -101.9593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.20168, -101.95933 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
10,437 ft
2 wells filed one
Completion to plug
32.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 9,155 and 11,719 ft, median 10,437 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1988 – Nov 2001
2 of 2 wells
Plug dates filed
Jul 2020
1 of 2 wells; 1 filed none

Last completion to plug: a median of 32.0 years across the 1 well that filed both dates, with the middle half between 32.0 years and 32.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3173436729,155 ftNov 2001
42-31733492111,719 ftJul 1988Jul 2020Yes

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 (139)

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

139 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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
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 20220087.185.86$0
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 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202138063.483.02$2,412
Apr 202167060.362.76$4,044
Mar 20210061.302.72$0
Feb 202102957.805.55$161
Jan 20210050.412.81$0
Dec 202002744.642.68$72
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202016710814.751.80$2,658
Mar 202017319930.341.86$5,618
Feb 202035818149.881.98$18,216
Jan 2020022357.252.09$467
Dec 201936017459.012.30$21,645
Nov 2019015855.302.75$435
Oct 201953111653.472.42$28,673
Sep 20190055.052.66$0
Aug 201909553.112.30$219
Jul 20191779856.272.46$10,201
Jun 2019010352.782.49$257
May 201935817558.482.74$21,415
Apr 201935818162.632.75$22,919
Mar 201936424156.803.06$21,413
Feb 201936121350.852.79$18,952
Jan 201935310746.033.23$16,594
Dec 201836010146.594.19$17,195
Nov 20183608452.934.24$19,411
Oct 201836411461.443.40$22,752
Sep 201837010759.543.11$22,362
Aug 201853518059.403.07$32,331
Jul 201836512165.142.93$24,131
Jun 20187019060.183.08$42,463
May 201817610965.382.90$11,823
Apr 201872116163.842.90$46,496
Mar 201870944961.222.79$44,656
Feb 201835819661.782.77$22,659
Jan 2018011862.874.01$473
Dec 201718411457.272.92$10,871
Nov 201717513955.423.12$10,132
Oct 201717220749.292.98$9,096
Sep 201752426647.523.09$25,722
Aug 201734816245.373.00$16,275
Jul 201733931543.873.09$15,844
Jun 201732432242.493.09$14,761
May 201735917445.373.26$16,856
Apr 201735713047.933.21$17,529
Mar 201736313846.772.98$17,389
Feb 201735710850.452.95$18,330
Jan 201735910749.413.42$18,104
Dec 201636711348.763.72$18,316
Nov 201654115442.492.64$23,394
Oct 201617011546.193.09$8,208
Sep 201635111041.553.10$14,925
Aug 20161668741.442.92$7,133
Jul 201669811441.622.92$29,384
Jun 201618010045.352.69$8,432
May 201653812842.521.99$23,131
Apr 201607536.561.99$149
Mar 20161767933.011.79$5,951
Feb 201635513426.472.06$9,673
Jan 201618013627.352.36$5,245
Dec 201535613832.362.00$11,796
Nov 201536113938.792.17$14,304
Oct 201517616243.552.43$8,058
Sep 201535515242.992.76$15,681
Aug 201534916640.162.87$14,493
Jul 201517716948.152.95$9,020
Jun 201553412556.152.88$30,344
May 201517817455.212.96$10,342
Apr 201518016549.822.71$9,414
Mar 201536611742.892.93$16,041
Feb 20151819744.662.98$8,372
Jan 2015828043.433.10$3,809
Dec 201435311454.693.59$19,715
Nov 201444823170.464.25$32,548

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.

May 2021 — as filed, then multipliedworked
Oil                   38 bbl  × $ 63.48 =     $2,412
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $2,412

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/45451 is the state's own key, not one this site invented.