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SALE RANCH 28K

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 46537District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$12.4 M
Mar 2015 – May 2026
Value, last 12 filed months
$419 k
at the published price for each month
Months reported
135
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
OilDisposition202,500 bbl$10,230,113
Casinghead gasProduction725,268 Mcf$2,201,001
Total$12,431,115

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 32.1750, -101.9481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17497, -101.94813 · 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
9,413 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 9,413 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-3173946311H9,413 ftMar 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 (135)

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

135 months

May 20263163,028106.413.05$42,848
Apr 20261882,93398.932.87$27,016
Mar 20262704,05589.753.15$37,003
Feb 20262754,40263.503.75$33,971
Jan 20262414,24259.138.00$48,178
Dec 20252754,15356.664.41$33,910
Nov 20252662,92358.593.93$27,062
Oct 20252413,76059.383.30$26,737
Sep 20253504,68562.743.08$36,374
Aug 20253736,79163.933.01$44,319
Jul 20252354,48666.743.32$30,556
Jun 20252534,61166.483.13$31,246
May 20253135,15160.553.23$35,602
Apr 20251885,51662.363.54$31,268
Mar 20254046,55567.704.27$55,330
Feb 20253855,58070.884.34$51,511
Jan 20253796,87574.324.28$57,583
Dec 20242577,69268.993.12$41,740
Nov 20242345,97169.052.20$29,285
Oct 20243437,25071.372.28$41,020
Sep 20243657,13969.612.36$42,287
Aug 20243857,50175.632.06$44,597
Jul 20244059,10279.932.15$51,910
Jun 20243396,31378.082.63$43,097
May 20243947,71078.812.20$48,001
Apr 20244628,63784.451.66$53,346
Mar 20244978,19580.301.55$52,571
Feb 20243706,27276.091.78$39,340
Jan 20242585,17673.023.30$35,908
Dec 20232565,16571.262.61$31,727
Nov 20233325,72577.892.81$41,933
Oct 20233887,57985.443.09$56,549
Sep 20234287,92389.042.74$59,779
Aug 20235208,52880.522.67$64,665
Jul 20234106,79974.852.64$48,650
Jun 20234389,82368.962.26$52,390
May 202351810,91970.622.23$60,902
Apr 202363812,83778.122.24$78,567
Mar 20236677,60672.852.39$66,793
Feb 20231811,36875.112.47$16,968
Jan 20232051,80076.533.39$21,787
Dec 20221271,38976.415.73$17,662
Nov 20222011,67385.005.65$26,531
Oct 20222392,41187.185.86$34,974
Sep 20222072,27484.888.16$36,134
Aug 20222482,65194.529.13$47,637
Jul 20223312,493101.587.54$52,425
Jun 20222982,861115.097.98$57,120
May 20222602,935109.378.43$53,187
Apr 20222572,537104.226.84$44,132
Mar 20222862,579108.885.08$44,232
Feb 20222882,66891.054.86$39,186
Jan 20223582,74681.844.54$41,759
Dec 20213472,25671.323.90$33,544
Nov 20212572,02877.435.24$30,520
Oct 20213992,84079.795.71$48,064
Sep 20213703,08869.865.35$42,372
Aug 20213703,07566.024.22$37,406
Jul 20214023,07170.783.98$40,683
Jun 20213672,72369.493.38$34,708
May 20214372,92763.483.02$36,573
Apr 20213842,77560.362.76$30,833
Mar 20214462,93861.302.72$35,322
Feb 20212611,90057.805.55$25,627
Jan 20214072,93450.412.81$28,762
Dec 20204203,89944.642.68$29,180
Nov 20204663,49738.772.71$27,532
Oct 20204883,37236.972.48$26,399
Sep 20204613,51537.091.99$24,097
Aug 20204813,38339.982.39$27,299
Jul 20204883,19838.371.83$24,561
Jun 20204703,18934.901.69$21,793
May 20205223,60316.921.81$15,371
Apr 20204683,59914.751.80$13,397
Mar 20205103,77830.341.86$22,486
Feb 20205213,70449.881.98$33,324
Jan 20205204,84057.252.09$39,909
Dec 20196774,76559.012.30$50,930
Nov 20191,1474,78755.302.75$76,597
Oct 20191,1425,26753.472.42$73,801
Sep 20191,0165,34055.052.66$70,121
Aug 20191,1214,74353.112.30$70,466
Jul 20197445,17856.272.46$54,603
Jun 20197425,51452.782.49$52,899
May 20191,1136,27258.482.74$82,276
Apr 20191,0695,83662.632.75$83,005
Mar 20196165,19656.803.06$50,899
Feb 20195913,67150.852.79$40,303
Jan 20196264,32246.033.23$42,767
Dec 20186814,71546.594.19$51,462
Nov 20187954,74552.934.24$62,185
Oct 20187133,42861.443.40$55,455
Sep 20187424,77359.543.11$59,013
Aug 20188565,41359.403.07$67,446
Jul 20188745,55165.142.93$73,207
Jun 20188515,92260.183.08$69,435
May 20189126,15965.382.90$77,493
Apr 20188375,45363.842.90$69,252
Mar 20189856,48961.222.79$78,386
Feb 20189475,86461.782.77$74,726
Jan 20181,1546,80662.874.01$99,839
Dec 20171,1746,84657.272.92$87,236
Nov 20171,1686,80855.423.12$85,960
Oct 20171,3017,09849.292.98$85,304
Sep 20171,3626,49147.523.09$84,762
Aug 20171,3526,63645.373.00$81,277
Jul 20171,6747,80243.873.09$97,525
Jun 20171,8587,97642.493.09$103,571
May 20172,0866,59345.373.26$116,157
Apr 20172,5046,60247.933.21$141,220
Mar 20171,9285,34646.772.98$106,123
Feb 20173,1905,95050.452.95$178,503
Jan 20173,4844,15649.413.42$186,353
Dec 20163,5353,52248.763.72$185,478
Nov 20162,8253,09142.492.64$128,208
Oct 20162,4052,11546.193.09$117,623
Sep 20162,0341,57641.553.10$89,399
Aug 20161,7881,38841.442.92$78,154
Jul 20162,7861,18541.622.92$119,419
Jun 20161,9591,46245.352.69$92,767
May 20163,6142,84242.521.99$159,326
Apr 20161,6321,37436.561.99$62,402
Mar 20162,5052,37833.011.79$86,956
Feb 20166181,07826.472.06$18,583
Jan 201680681727.352.36$23,976
Dec 20153,3614,11532.362.00$116,998
Nov 20153,9076,25638.792.17$165,111
Oct 20155,03010,47043.552.43$244,463
Sep 20156,45210,42842.992.76$306,136
Aug 20157,60211,23740.162.87$337,574
Jul 20159,21015,69648.152.95$489,687
Jun 201510,89217,49356.152.88$662,016
May 201515,31218,23255.212.96$899,259
Apr 201521,97224,84349.822.71$1,161,884
Mar 201520,61921,03242.892.93$946,072

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                  316 bbl  × $106.41 =    $33,626
Casinghead gas     3,028 Mcf  × $  3.05 =     $9,223

────────────────────────────────────────────────────
Month total                                  $42,848

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/46537 is the state's own key, not one this site invented.