SALE RANCH 28A

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 45612District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$18.2 M
Jul 2014 – May 2026
Value, last 12 filed months
$617 k
at the published price for each month
Months reported
143
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
OilDisposition266,363 bbl$15,891,208
Casinghead gasProduction677,669 Mcf$2,271,043
Total$18,162,251

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 32.1777, -101.9580. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17774, -101.95796 · 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
9,453 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 9,453 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-317392271H9,453 ftJul 2014

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 (143)

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

143 months

May 20265213,166106.413.05$65,083
Apr 20263653,81398.932.87$47,052
Mar 20264605,37289.753.15$58,204
Feb 20263825,19363.503.75$43,732
Jan 20263173,69359.138.00$48,281
Dec 20254854,72156.664.41$48,316
Nov 20256414,08458.593.93$53,592
Oct 20255804,61959.383.30$49,705
Sep 20255674,81562.743.08$50,389
Aug 20256345,50963.933.01$57,140
Jul 20254724,13366.743.32$45,203
Jun 20255334,83266.483.13$50,552
May 20256195,31560.553.23$54,660
Apr 20255324,94362.363.54$50,689
Mar 20256395,54467.704.27$66,924
Feb 20255425,01670.884.34$60,191
Jan 20257415,16674.324.28$77,175
Dec 20245704,69268.993.12$53,970
Nov 20244403,71369.052.20$38,545
Oct 20246764,10771.372.28$57,616
Sep 20245414,11169.612.36$47,379
Aug 20245624,31575.632.06$51,409
Jul 20245614,88579.932.15$55,327
Jun 20245464,64378.082.63$54,861
May 20245474,66578.812.20$53,365
Apr 20245024,10984.451.66$49,212
Mar 20246214,20080.301.55$56,356
Feb 20246963,94476.091.78$59,993
Jan 20246933,10973.023.30$60,855
Dec 20239753,55071.262.61$78,747
Nov 20237553,69477.892.81$69,178
Oct 20236184,02385.443.09$65,222
Sep 20237334,40589.042.74$77,314
Aug 20237694,94480.522.67$75,135
Jul 20236822,85474.852.64$58,587
Jun 20236014,73968.962.26$52,148
May 20237375,08970.622.23$63,382
Apr 20236314,65878.122.24$59,717
Mar 20235674,69272.852.39$52,535
Feb 20234323,63175.112.47$41,400
Jan 20236223,93476.533.39$60,929
Dec 20223783,46576.415.73$48,734
Nov 20226913,97085.005.65$81,150
Oct 20227384,47787.185.86$90,591
Sep 20226424,32584.888.16$89,801
Aug 20227324,46594.529.13$109,941
Jul 20227254,407101.587.54$106,883
Jun 20227604,342115.097.98$122,105
May 20225834,694109.378.43$103,347
Apr 20227374,767104.226.84$109,405
Mar 20227794,538108.885.08$107,854
Feb 20226753,65891.054.86$79,232
Jan 20229054,08481.844.54$92,597
Dec 20217953,53671.323.90$70,487
Nov 20217423,35777.435.24$75,033
Oct 20217004,23479.795.71$80,046
Sep 20218814,45269.865.35$85,369
Aug 20211,0024,37566.024.22$84,617
Jul 20211,0804,33070.783.98$93,685
Jun 20211,0114,51569.493.38$85,518
May 20211,0495,00163.483.02$81,682
Apr 20218654,91560.362.76$65,769
Mar 20211,0814,62661.302.72$78,834
Feb 20217103,43657.805.55$60,101
Jan 20211,1845,34650.412.81$74,709
Dec 20201,1614,58444.642.68$64,091
Nov 20201,1094,23338.772.71$54,453
Oct 20201,1334,44036.972.48$52,891
Sep 20201,3076,00837.091.99$60,439
Aug 20201,2756,00039.982.39$65,285
Jul 20201,2705,14438.371.83$58,118
Jun 20201,1455,32434.901.69$48,960
May 20201,2375,17316.921.81$30,318
Apr 20201,2205,69514.751.80$28,271
Mar 20201,2765,82330.341.86$49,523
Feb 20201,1655,15749.881.98$68,325
Jan 20208616,56557.252.09$63,044
Dec 20191,3255,68859.012.30$91,295
Nov 20191,6311,01055.302.75$92,973
Oct 20194,0031,62953.472.42$217,980
Sep 20194,2161,64255.052.66$236,454
Aug 20194871,35953.112.30$28,996
Jul 20193612,00156.272.46$25,236
Jun 20196092,99552.782.49$39,604
May 20191953,40758.482.74$20,740
Apr 20191792,90062.632.75$19,188
Mar 20198971,95056.803.06$56,921
Feb 20191,6343,36750.852.79$92,490
Jan 20191,7415,99246.033.23$99,481
Dec 20181,7015,68446.594.19$103,040
Nov 20182,0006,31452.934.24$132,614
Oct 20182,1366,64361.443.40$153,809
Sep 20181,7896,29359.543.11$126,076
Aug 20182,2257,47959.403.07$155,100
Jul 20182,2457,16265.142.93$167,237
Jun 20181,8366,37660.183.08$130,109
May 20182,2337,86865.382.90$168,817
Apr 20182,1326,33063.842.90$154,469
Mar 20182,4027,99061.222.79$169,317
Feb 20182,1545,81061.782.77$149,145
Jan 20182,5115,84162.874.01$181,285
Dec 20171,8096,57157.272.92$122,799
Nov 20172,5306,95355.423.12$161,895
Oct 20172,7867,08749.292.98$158,467
Sep 20173,0826,68047.523.09$167,080
Aug 20173,0176,17745.373.00$155,439
Jul 20173,4787,11943.873.09$174,558
Jun 20173,1735,73542.493.09$152,526
May 20172,7183,70645.373.26$135,410
Apr 20172,9613,07347.933.21$151,790
Mar 20172,6832,64046.772.98$133,361
Feb 201774454750.452.95$39,150
Jan 20172,4021,94349.413.42$125,326
Dec 20163,5972,72348.763.72$185,527
Nov 20163,4072,96442.492.64$152,601
Oct 201675175146.193.09$37,009
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201625041.622.92$1,041
Jun 20161,6302,30545.352.69$80,111
May 20164,0465,53642.521.99$183,058
Apr 20163,5492,58936.561.99$134,906
Mar 20163,2081,25133.011.79$108,140
Feb 20163,1481,70526.472.06$86,846
Jan 20163,3271,95627.352.36$95,618
Dec 20153,3095,10532.362.00$117,296
Nov 20154,0297,25138.792.17$172,000
Oct 20154,9128,60443.552.43$234,796
Sep 20154,0846,98342.992.76$194,833
Aug 20158191,54840.162.87$37,338
Jul 20153,9076,21148.152.95$206,414
Jun 20153,8765,37756.152.88$233,139
May 20154,0214,77955.212.96$236,124
Apr 20154,1954,78049.822.71$221,932
Mar 20154,6665,26742.892.93$215,582
Feb 20155,2665,02344.662.98$250,129
Jan 20155,2275,29743.433.10$243,433
Dec 20147,6548,18654.693.59$447,996
Nov 20146,9397,00470.464.25$518,702
Oct 20146,3936,10478.303.90$524,383
Sep 20149,91812,35186.164.05$904,500
Aug 201415,81621,67989.394.04$1,501,270
Jul 201412,90814,27896.564.18$1,306,073

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 2026 — as filed, then multipliedworked
Oil                  521 bbl  × $106.41 =    $55,440
Casinghead gas     3,166 Mcf  × $  3.05 =     $9,643

────────────────────────────────────────────────────
Month total                                  $65,083

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/45612 is the state's own key, not one this site invented.