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SALE RANCH 14C

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 47368District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$40.8 M
Sep 2015 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
129
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
OilDisposition655,257 bbl$34,004,311
Casinghead gasProduction2,241,210 Mcf$6,809,909
Total$40,814,220

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 32.1906, -101.9127. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19058, -101.91271 · 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
9,473 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 9,473 ft.

Completions filed
Mar 2016
1 of 1 wells

1 well

42-317402173H9,473 ftMar 2016——

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 (129)

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

129 months

May 20261,2589,274106.413.05$162,111
Apr 20261,34110,45898.932.87$162,677
Mar 20261,54212,56989.753.15$177,980
Feb 20261,32810,93163.503.75$125,323
Jan 20261,48012,87959.138.00$190,518
Dec 20251,46613,00156.664.41$140,442
Nov 20251,33513,21058.593.93$130,086
Oct 20251,56516,60259.383.30$147,797
Sep 20251,63917,96862.743.08$158,117
Aug 20251,76620,34663.933.01$174,239
Jul 20251,82418,33866.743.32$182,528
Jun 20251,60818,33666.483.13$164,268
May 20252,17721,39260.553.23$200,963
Apr 20251,25314,95562.363.54$131,124
Mar 20252,06321,62567.704.27$231,968
Feb 20252,08917,91070.884.34$225,813
Jan 20252,34319,43874.324.28$257,301
Dec 20241,34811,89168.993.12$130,115
Nov 20242,01119,89469.052.20$182,595
Oct 20242,33320,89771.372.28$214,181
Sep 20241,71914,53869.612.36$154,033
Aug 20241,20812,76375.632.06$117,699
Jul 20242,17022,95079.932.15$222,712
Jun 20242,38020,09678.082.63$238,763
May 20242,40022,46578.812.20$238,532
Apr 20242,34819,10384.451.66$229,984
Mar 20242,31615,46980.301.55$209,876
Feb 20242,58512,96776.091.78$219,821
Jan 20241,6698,78373.023.30$150,834
Dec 20232,41613,23171.262.61$206,707
Nov 20231,5288,07277.892.81$141,679
Oct 20231,6908,37785.443.09$170,256
Sep 20231,8328,95789.042.74$187,619
Aug 20231,9528,33380.522.67$179,448
Jul 20232,0287,85874.852.64$172,555
Jun 20232,51810,86568.962.26$198,180
May 20231,9327,97370.622.23$154,197
Apr 20232,1377,94178.122.24$184,712
Mar 20231,8135,80872.852.39$145,977
Feb 20231,7354,22475.112.47$140,731
Jan 20232,1145,40476.533.39$180,092
Dec 20222,3791,78476.415.73$192,000
Nov 20222,3432,82185.005.65$215,083
Oct 20222,7823,57087.185.86$263,468
Sep 20222,6073,25984.888.16$247,888
Aug 20229341,68694.529.13$103,670
Jul 202229735101.587.54$8,489
Jun 202235945115.097.98$11,567
May 2022176975109.378.43$27,471
Apr 20221,40110,351104.226.84$216,788
Mar 20222,37415,894108.885.08$339,165
Feb 20222,01113,97091.054.86$250,980
Jan 20222,04415,54281.844.54$237,806
Dec 20212,63417,00371.323.90$254,154
Nov 20212,54517,01777.435.24$286,175
Oct 20212,86217,15579.795.71$326,380
Sep 20212,91416,04769.865.35$289,438
Aug 20212,93313,31566.024.22$249,834
Jul 20213,25714,78970.783.98$289,421
Jun 20212,92610,89269.493.38$240,149
May 20213,57710,84863.483.02$259,804
Apr 20213,4239,51160.362.76$232,848
Mar 20213,4767,38561.302.72$233,143
Feb 20212,1576,77157.805.55$162,240
Jan 20213,2525,54250.412.81$179,508
Dec 20203,2524,46344.642.68$157,110
Nov 20203,1112,94838.772.71$128,592
Oct 20202,3531,85636.972.48$91,590
Sep 20208781,06037.091.99$34,676
Aug 20205814,55439.982.39$34,090
Jul 20203,30322,18938.371.83$167,234
Jun 20203,44323,38434.901.69$159,687
May 20203,37123,54416.921.81$99,764
Apr 20203,51323,39714.751.80$94,034
Mar 20203,56220,29730.341.86$145,747
Feb 20202,75916,12549.881.98$169,557
Jan 20203,35420,58557.252.09$235,137
Dec 20193,59219,61759.012.30$257,169
Nov 20193,94121,14355.302.75$276,095
Oct 20194,87023,17953.472.42$316,458
Sep 20195,05421,37655.052.66$335,025
Aug 20194,81723,75153.112.30$310,562
Jul 20194,59726,75656.272.46$324,495
Jun 20194,89429,37052.782.49$331,472
May 20195,26326,99258.482.74$381,747
Apr 20194,97219,61662.632.75$365,354
Mar 20195,30515,75256.803.06$349,558
Feb 20195,03717,27450.852.79$304,364
Jan 20194,92115,05646.033.23$275,117
Dec 20183,88318,45946.594.19$258,168
Nov 20185,79830,60152.934.24$436,552
Oct 20185,4363,64361.443.40$346,367
Sep 20184,42020,25159.543.11$326,107
Aug 20186,35031,72059.403.07$474,461
Jul 20186,08828,79665.142.93$480,999
Jun 20185,90127,25860.183.08$438,993
May 20186,28328,10165.382.90$492,298
Apr 20186,35725,84863.842.90$480,811
Mar 20185,31720,25661.222.79$381,957
Feb 20187,12028,87861.782.77$519,754
Jan 20186,55813,51362.874.01$466,479
Dec 20175,55616,09057.272.92$365,199
Nov 20177,06627,99555.423.12$478,896
Oct 20177,53728,34349.292.98$456,065
Sep 20177,62530,36047.523.09$456,070
Aug 20179,31034,96945.373.00$527,456
Jul 20179,50324,70043.873.09$493,152
Jun 20179,30732,15742.493.09$494,732
May 201710,24438,43245.373.26$590,189
Apr 201711,17035,74647.933.21$650,180
Mar 201712,32838,81646.772.98$692,395
Feb 201714,01339,02850.452.95$822,190
Jan 201717,61753,47449.413.42$1,053,273
Dec 201615,47530,31948.763.72$867,433
Nov 201614,82926,19242.492.64$699,345
Oct 201615,81128,66246.193.09$818,883
Sep 201620,32235,65141.553.10$954,920
Aug 201619,40033,79741.442.92$902,770
Jul 201624,24739,35941.622.92$1,124,259
Jun 201626,22033,54845.352.69$1,279,181
May 201631,90338,08042.521.99$1,432,334
Apr 201639,33246,75336.561.99$1,531,065
Mar 201634,85841,23333.011.79$1,224,635
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$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                1,258 bbl  × $106.41 =   $133,864
Casinghead gas     9,274 Mcf  × $  3.05 =    $28,247

────────────────────────────────────────────────────
Month total                                 $162,111

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/47368 is the state's own key, not one this site invented.