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SALE RANCH 20K

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 46871District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.6 M
Mar 2015 – May 2026
Value, last 12 filed months
$1.3 M
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
OilDisposition419,388 bbl$19,964,034
Casinghead gasProduction1,473,350 Mcf$4,610,529
Total$24,574,563

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 32.1782, -101.9677. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17823, -101.96772 · 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
9,456 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 9,456 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-3173971711H9,456 ftOct 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 202678213,430106.413.05$124,118
Apr 202685013,80498.932.87$123,704
Mar 202684013,51789.753.15$117,961
Feb 202656810,88363.503.75$76,883
Jan 202662712,61759.138.00$137,984
Dec 202581114,71256.664.41$110,881
Nov 202583914,29258.593.93$105,274
Oct 202583914,90259.383.30$99,069
Sep 202576813,56862.743.08$89,932
Aug 202595615,71963.933.01$108,506
Jul 202589315,62166.743.32$111,386
Jun 202574312,63366.483.13$88,920
May 20251,04815,68460.553.23$114,152
Apr 202585614,64662.363.54$105,273
Mar 20251,01118,07467.704.27$145,590
Feb 202597216,51170.884.34$140,567
Jan 20251,01015,84574.324.28$142,859
Dec 20241,10817,19968.993.12$130,125
Nov 20241,13518,40069.052.20$118,823
Oct 20241,35519,85871.372.28$142,010
Sep 202495015,33869.612.36$102,394
Aug 20241,33217,70475.632.06$137,274
Jul 20241,39217,23779.932.15$148,263
Jun 20241,64619,52278.082.63$179,940
May 20242,00719,71978.812.20$201,523
Apr 20242,26229,60284.451.66$240,142
Mar 20241,0947,89980.301.55$100,053
Feb 202490511,36676.091.78$89,134
Jan 20249719,02773.023.30$100,670
Dec 20238687,61871.262.61$81,742
Nov 20238237,32077.892.81$84,655
Oct 20238557,37785.443.09$95,826
Sep 20236865,79489.042.74$76,928
Aug 20238397,46080.522.67$87,496
Jul 20238238,20174.852.64$83,267
Jun 20238587,19568.962.26$75,417
May 20239778,27070.622.23$87,416
Apr 20239748,26078.122.24$94,573
Mar 20231,0158,03772.852.39$93,177
Feb 20238606,62075.112.47$80,917
Jan 20231,0287,95776.533.39$105,629
Dec 20229127,65476.415.73$113,536
Nov 20226298,79085.005.65$103,095
Oct 20225749,22487.185.86$104,129
Sep 20225818,51384.888.16$118,813
Aug 20226308,25194.529.13$134,856
Jul 20227178,718101.587.54$138,585
Jun 20226408,208115.097.98$139,134
May 20228709,528109.378.43$175,502
Apr 20221,15410,240104.226.84$190,287
Mar 20221,28811,126108.885.08$196,717
Feb 20221,1979,50391.054.86$155,160
Jan 20221,35911,07381.844.54$161,466
Dec 20211,36010,70471.323.90$138,731
Nov 20211,0658,65677.435.24$127,793
Oct 20211,0358,39679.795.71$130,556
Sep 20217117,71369.865.35$90,942
Aug 20211,1049,72066.024.22$113,910
Jul 20211,57412,20070.783.98$159,989
Jun 20211,45411,04369.493.38$138,371
May 20211,60111,76563.483.02$137,134
Apr 20211,65910,80560.362.76$129,942
Mar 20211,7079,53561.302.72$130,545
Feb 20211,0206,53757.805.55$95,223
Jan 20211,6569,82750.412.81$111,095
Dec 20201,6938,71544.642.68$98,892
Nov 20201,5797,13338.772.71$80,524
Oct 20209274,17336.972.48$44,614
Sep 20201,1575,50437.091.99$53,872
Aug 20207783,53039.982.39$39,524
Jul 20209636,88738.371.83$49,520
Jun 20201,4169,15934.901.69$64,900
May 20201,6019,47216.921.81$44,278
Apr 20201,2207,76914.751.80$32,013
Mar 20201,54911,09730.341.86$67,595
Feb 20201,48811,25349.881.98$96,510
Jan 20201,37111,08657.252.09$101,712
Dec 20191,70915,18759.012.30$135,844
Nov 20191,74311,70455.302.75$128,582
Oct 20191,66210,84153.472.42$115,087
Sep 20191,87613,99755.052.66$140,468
Aug 20192,01513,19253.112.30$137,416
Jul 20191,67312,57756.272.46$125,080
Jun 201990821,89452.782.49$102,467
May 20191,99216,97058.482.74$162,995
Apr 20192,4835,29062.632.75$170,061
Mar 20191,1851,32956.803.06$71,378
Feb 20192,0933,23250.852.79$115,454
Jan 20191,7852,28546.033.23$89,540
Dec 20181,1101,94546.594.19$59,856
Nov 20185411,42552.934.24$34,673
Oct 20183591,77461.443.40$28,085
Sep 20181,1833,64559.543.11$81,764
Aug 20181,8617,26559.403.07$132,822
Jul 20183,20813,71665.142.93$249,183
Jun 20183,19115,75460.183.08$240,508
May 20183,43116,79665.382.90$273,041
Apr 20183,61114,66263.842.90$273,058
Mar 20184,48013,33461.222.79$311,425
Feb 20184,78912,60161.782.77$330,720
Jan 20185,32413,16562.874.01$387,503
Dec 20175,70115,82757.272.92$372,735
Nov 20176,10617,03855.423.12$391,525
Oct 20176,32212,17749.292.98$347,944
Sep 20176,4029,24047.523.09$332,750
Aug 20176,9506,72245.373.00$335,517
Jul 20176,3325,31343.873.09$294,188
Jun 20176,5456,33442.493.09$297,652
May 20176,1405,88745.373.26$297,783
Apr 20174,7924,62047.933.21$244,518
Mar 20170046.772.98$0
Feb 201777050.452.95$3,885
Jan 20174,3252,05749.413.42$220,731
Dec 20165,3982,03848.763.72$270,794
Nov 20162,8481,61642.492.64$125,285
Oct 20160046.193.09$0
Sep 2016147041.553.10$6,108
Aug 201610,32430,96141.442.92$518,367
Jul 201612,36324,80141.622.92$587,075
Jun 201610,03916,73545.352.69$500,216
May 201614,97630,65442.521.99$697,813
Apr 201615,02121,80136.561.99$592,574
Mar 201616,02017,01633.011.79$559,347
Feb 201618,51221,20626.472.06$533,774
Jan 201623,76023,04127.352.36$704,313
Dec 201528,02026,14232.362.00$959,048
Nov 201535,53234,88938.792.17$1,453,902
Oct 201529,10929,71043.552.43$1,339,791
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0

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                  782 bbl  × $106.41 =    $83,213
Casinghead gas    13,430 Mcf  × $  3.05 =    $40,906

────────────────────────────────────────────────────
Month total                                 $124,118

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/46871 is the state's own key, not one this site invented.