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SALE RANCH 16G

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 47031District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$36.2 M
Aug 2015 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
130
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
OilDisposition643,779 bbl$33,598,447
Casinghead gasProduction839,729 Mcf$2,597,587
Total$36,196,034

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 32.2350, -101.9768. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23497, -101.97684 · 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
9,270 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 9,270 ft.

Completions filed
Aug 2015
1 of 1 wells

1 well

42-317399867H9,270 ftAug 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 (130)

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

130 months

May 20263,2698,297106.413.05$373,126
Apr 20263,4146,83398.932.87$357,356
Mar 20263,7347,39489.753.15$358,413
Feb 20263,9326,90163.503.75$275,563
Jan 20262,9156,90959.138.00$227,622
Dec 20254,1007,86356.664.41$267,008
Nov 20254,0468,28558.593.93$269,586
Oct 20254,5747,65759.383.30$296,909
Sep 20254,7367,98562.743.08$321,706
Aug 20254,3986,33363.933.01$300,257
Jul 20253,9306,09566.743.32$282,494
Jun 20253,3995,20766.483.13$242,257
May 20254,9516,49160.553.23$320,764
Apr 20253,8485,21162.363.54$258,424
Mar 20254,4014,83067.704.27$318,564
Feb 20252,2352,41070.884.34$168,878
Jan 20258411,71974.324.28$69,858
Dec 20241,3302,74168.993.12$100,312
Nov 20241,0082,18469.052.20$74,404
Oct 20241,2482,86171.372.28$95,597
Sep 20241,1662,67469.612.36$87,488
Aug 20241,1622,58275.632.06$93,210
Jul 20241,2843,81679.932.15$110,822
Jun 20241,2903,81878.082.63$110,780
May 20241,5504,17778.812.20$131,338
Apr 20241,5713,95184.451.66$139,226
Mar 20241,1502,32880.301.55$95,942
Feb 20241,2602,23976.091.78$99,867
Jan 20241,4311,64573.023.30$109,916
Dec 20231,3561,94471.262.61$101,704
Nov 20231,3421,23477.892.81$107,993
Oct 20231,3501,55185.443.09$120,132
Sep 20239261,52189.042.74$86,611
Aug 20239901,85680.522.67$84,676
Jul 20231,4483,02874.852.64$116,382
Jun 20231,4243,14768.962.26$105,306
May 20231,6143,09370.622.23$120,870
Apr 20231,6373,21678.122.24$135,079
Mar 20231,9513,43272.852.39$150,344
Feb 20231,9372,81675.112.47$152,431
Jan 20232,0993,24376.533.39$171,623
Dec 20221,6813,08776.415.73$146,131
Nov 20221,8393,31185.005.65$175,010
Oct 20222,1073,17087.185.86$202,276
Sep 20221,9192,91984.888.16$186,715
Aug 20222,1983,33194.529.13$238,158
Jul 20222,1073,236101.587.54$238,435
Jun 20222,2303,036115.097.98$280,869
May 20222,3183,005109.378.43$278,861
Apr 20222,2643,052104.226.84$256,822
Mar 20222,3003,043108.885.08$265,871
Feb 20222,2402,75991.054.86$217,358
Jan 20222,4392,85081.844.54$212,540
Dec 20212,4432,74771.323.90$184,946
Nov 20212,0922,45077.435.24$174,814
Oct 20212,2783,52579.795.71$201,903
Sep 20212,3573,49469.865.35$183,356
Aug 20212,4993,51766.024.22$179,828
Jul 20212,8743,76170.783.98$218,398
Jun 20213,1214,28169.493.38$231,351
May 20213,4544,99163.483.02$234,321
Apr 20213,5784,95460.362.76$229,633
Mar 20213,8844,54361.302.72$250,432
Feb 20212,3962,90757.805.55$154,617
Jan 20213,9175,10850.412.81$211,811
Dec 20203,9354,78944.642.68$188,471
Nov 20203,8974,85538.772.71$164,227
Oct 20203,7364,88536.972.48$150,227
Sep 20203,5174,95137.091.99$140,303
Aug 20203,7815,14739.982.39$163,440
Jul 20203,8165,20238.371.83$155,914
Jun 20203,7844,83834.901.69$140,239
May 20204,0385,34416.921.81$78,021
Apr 20204,1644,80214.751.80$70,084
Mar 20204,3515,12630.341.86$141,524
Feb 20204,0375,15649.881.98$211,578
Jan 20204,6865,92557.252.09$280,685
Dec 20194,2845,28959.012.30$264,987
Nov 20194,1275,32955.302.75$242,882
Oct 20193,9625,88953.472.42$226,091
Sep 20192,9995,17855.052.66$178,854
Aug 20194,0515,28553.112.30$227,327
Jul 20194,24510,09756.272.46$263,705
Jun 20193,70412,07552.782.49$225,578
May 20194,13616,95658.482.74$288,338
Apr 20194,24016,57962.632.75$311,155
Mar 20194,12618,26956.803.06$290,298
Feb 20194,56520,19950.852.79$288,530
Jan 20195,27124,57446.033.23$321,953
Dec 20186,02624,18846.594.19$381,989
Nov 20185,85616,85752.934.24$381,385
Oct 20185,71812,23861.443.40$392,900
Sep 20184,7976,61459.543.11$306,170
Aug 20186,8086,29759.403.07$423,705
Jul 20186,8737,04365.142.93$468,356
Jun 20186,6016,62060.183.08$417,617
May 20187,1226,62565.382.90$484,854
Apr 20187,1505,98263.842.90$473,809
Mar 20187,3186,25761.222.79$465,445
Feb 20186,9115,76861.782.77$442,917
Jan 20187,0515,30462.874.01$464,562
Dec 20177,7806,38757.272.92$464,220
Nov 20177,9506,55055.423.12$461,014
Oct 20177,9536,62449.292.98$411,767
Sep 20177,7376,81047.523.09$388,687
Aug 20177,4186,00345.373.00$354,590
Jul 20175,8134,84243.873.09$269,965
Jun 20172,9232,27442.493.09$131,219
May 20177,9156,28145.373.26$379,601
Apr 20177,8415,94947.933.21$394,925
Mar 20177,2145,77846.772.98$354,638
Feb 20176,4265,13450.452.95$339,350
Jan 20176,7035,21849.413.42$349,035
Dec 20166,4574,05248.763.72$329,928
Nov 20162,8104,03742.492.64$130,072
Oct 20165,1414,36046.193.09$250,936
Sep 20169,6958,23941.553.10$428,373
Aug 201610,0968,44441.442.92$443,071
Jul 201610,0369,56441.622.92$445,667
Jun 201611,65910,24545.352.69$556,252
May 201612,60111,42042.521.99$558,532
Apr 201613,97812,32436.561.99$535,573
Mar 201615,30714,88433.011.79$531,986
Feb 201615,48514,38326.472.06$439,569
Jan 201618,32215,18327.352.36$537,005
Dec 201517,79314,96132.362.00$605,725
Nov 201520,80216,97038.792.17$843,689
Oct 201527,28024,77243.552.43$1,248,155
Sep 201514,56712,76342.992.76$661,441
Aug 201515,61214,15240.162.87$667,629

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                3,269 bbl  × $106.41 =   $347,854
Casinghead gas     8,297 Mcf  × $  3.05 =    $25,271

────────────────────────────────────────────────────
Month total                                 $373,126

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/47031 is the state's own key, not one this site invented.