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SALE RANCH 28L

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 46485District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.3 M
Feb 2015 – May 2026
Value, last 12 filed months
$607 k
at the published price for each month
Months reported
136
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition234,418 bbl$12,119,889
Casinghead gasProduction711,284 Mcf$2,171,226
Total$14,291,116

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 32.1756, -101.9464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17557, -101.94637 · 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
9,404 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 9,404 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-3173946612H9,404 ftFeb 2015——

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 (136)

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

136 months

May 20264973,061106.413.05$62,209
Apr 20263162,58498.932.87$38,677
Mar 20264813,65489.753.15$54,678
Feb 20266524,42163.503.75$57,982
Jan 20264103,08459.138.00$48,909
Dec 20255954,22056.664.41$52,337
Nov 20256762,82558.593.93$50,699
Oct 20256143,87159.383.30$49,252
Sep 20256134,68062.743.08$52,860
Aug 20255984,15963.933.01$50,769
Jul 20255072,39666.743.32$41,780
Jun 20255712,99566.483.13$47,331
May 20256913,77660.553.23$54,045
Apr 20256545,85562.363.54$61,528
Mar 20257456,23367.704.27$77,041
Feb 20255124,43370.884.34$55,534
Jan 20255224,14674.324.28$56,534
Dec 20244344,04168.993.12$42,555
Nov 20244073,86969.052.20$36,609
Oct 20246554,56871.372.28$57,169
Sep 20246034,46669.612.36$52,534
Aug 20244583,26475.632.06$41,374
Jul 20247535,94479.932.15$72,947
Jun 20246694,92478.082.63$65,205
May 20247675,20378.812.20$71,886
Apr 20248835,88684.451.66$84,335
Mar 20247125,02380.301.55$64,935
Feb 20248436,38476.091.78$75,531
Jan 20249746,58373.023.30$92,830
Dec 20231,0958,41271.262.61$99,991
Nov 20231,1497,92577.892.81$111,746
Oct 20231,46710,16085.443.09$156,707
Sep 20231,3908,58489.042.74$147,243
Aug 20231,3485,83480.522.67$124,135
Jul 20231,2053,45574.852.64$99,322
Jun 20235634,37568.962.26$48,705
May 20231,29711,98070.622.23$118,278
Apr 20231,1149,75178.122.24$108,846
Mar 20231,0675,03272.852.39$89,773
Feb 20232151,07375.112.47$18,794
Jan 20233511,59376.533.39$32,259
Dec 20223121,30076.415.73$31,288
Nov 20223561,83485.005.65$40,615
Oct 20223482,10987.185.86$42,705
Sep 20223532,40384.888.16$49,580
Aug 20224773,07794.529.13$73,170
Jul 20223752,455101.587.54$56,608
Jun 20223462,269115.097.98$57,921
May 20224202,322109.378.43$65,517
Apr 20223332,345104.226.84$50,739
Mar 20224962,797108.885.08$68,203
Feb 20223922,14191.054.86$46,094
Jan 20224741,97581.844.54$47,754
Dec 20213901,85771.323.90$35,055
Nov 20213432,08377.435.24$37,467
Oct 20214792,86379.795.71$54,578
Sep 20214372,77369.865.35$45,367
Aug 20215743,02966.024.22$50,680
Jul 20213583,08970.783.98$37,640
Jun 20212782,78769.493.38$28,740
May 20213883,08863.483.02$33,949
Apr 20211,5552,56160.362.76$100,924
Mar 20211,4581,81161.302.72$94,296
Feb 20212521,16957.805.55$21,051
Jan 20215052,93050.412.81$33,691
Dec 20207335,30244.642.68$46,906
Nov 20204423,18838.772.71$25,765
Oct 20204382,23736.972.48$21,737
Sep 20204962,65837.091.99$23,689
Aug 20203962,08039.982.39$20,793
Jul 20204832,75838.371.83$23,566
Jun 20204922,56534.901.69$21,506
May 20205672,34316.921.81$13,846
Apr 20205572,55714.751.80$12,830
Mar 20204661,82030.341.86$17,517
Feb 20204081,10149.881.98$22,532
Jan 20203952,41057.252.09$27,662
Dec 20197675,24359.012.30$57,342
Nov 20198245,70355.302.75$61,254
Oct 20194803,41653.472.42$33,927
Sep 20197005,06155.052.66$51,983
Aug 20197016,06653.112.30$51,208
Jul 20191,1087,71056.272.46$81,314
Jun 20191,1508,66452.782.49$82,281
May 20191,0009,34858.482.74$84,097
Apr 20191,2438,10362.632.75$100,138
Mar 20191,3218,42356.803.06$100,825
Feb 20191,1856,61450.852.79$78,725
Jan 20191,2967,54946.033.23$84,024
Dec 20181,2327,74246.594.19$89,803
Nov 20181,3536,69252.934.24$99,970
Oct 20181,3296,98361.443.40$105,383
Sep 20181,2066,50059.543.11$92,007
Aug 20181,4707,40759.403.07$110,032
Jul 20181,4526,52165.142.93$113,702
Jun 20181,1806,37160.183.08$90,615
May 20181,4517,37865.382.90$116,268
Apr 20181,2496,06863.842.90$97,338
Mar 20181,5457,75061.222.79$116,183
Feb 20181,5007,06961.782.77$112,224
Jan 20181,6857,67762.874.01$136,716
Dec 20171,6937,46057.272.92$118,753
Nov 20171,7007,05055.423.12$116,198
Oct 20171,8968,28649.292.98$118,177
Sep 20171,9727,97747.523.09$118,337
Aug 20171,9658,25545.373.00$113,953
Jul 20172,2999,25843.873.09$129,439
Jun 20172,2298,52042.493.09$121,014
May 20172,3126,99245.373.26$127,713
Apr 20172,6216,93647.933.21$147,900
Mar 20172,0815,80846.772.98$114,658
Feb 20172,1194,30450.452.95$119,612
Jan 20173,0774,70349.413.42$168,113
Dec 20163,4364,47248.763.72$184,188
Nov 20163,2953,26742.492.64$148,644
Oct 20163,1332,58946.193.09$152,714
Sep 20162,9572,54341.553.10$130,748
Aug 20162,2032,28841.442.92$97,983
Jul 201652671141.622.92$23,971
Jun 20162,5661,93945.352.69$121,576
May 20164,6413,58642.521.99$204,475
Apr 20161,6341,54936.561.99$62,823
Mar 20162,8311,80933.011.79$96,697
Feb 20161,03891226.472.06$29,358
Jan 201693967627.352.36$27,280
Dec 20156,98213,78732.362.00$253,531
Nov 20157,65214,07938.792.17$327,335
Oct 20158,18016,50743.552.43$396,295
Sep 20159,00016,10842.992.76$431,343
Aug 20157,0338,26740.162.87$306,192
Jul 20159,36410,27248.152.95$481,128
Jun 20157,81311,09056.152.88$470,671
May 20159,18612,02855.212.96$542,707
Apr 201510,67810,41949.822.71$560,178
Mar 201516,56717,43942.892.93$761,737
Feb 201510,72810,53244.662.98$510,458

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                  497 bbl  × $106.41 =    $52,886
Casinghead gas     3,061 Mcf  × $  3.05 =     $9,323

────────────────────────────────────────────────────
Month total                                  $62,209

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/46485 is the state's own key, not one this site invented.