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SALE RANCH 24F

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 47401District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.4 M
Jan 2016 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
125
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
OilDisposition421,912 bbl$20,891,903
Casinghead gasProduction1,707,432 Mcf$5,501,776
Total$26,393,679

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 32.1985, -101.9123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19848, -101.91226 · 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
9,407 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 9,407 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-317402676H9,407 ftJan 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 (125)

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

125 months

May 20269508,366106.413.05$126,571
Apr 20269207,56298.932.87$112,716
Mar 20269367,38489.753.15$107,261
Feb 20268566,76363.503.75$79,719
Jan 20269948,10259.138.00$123,574
Dec 20259888,55756.664.41$93,745
Nov 20251,0088,54458.593.93$92,606
Oct 20251,1759,44259.383.30$100,976
Sep 20251,1398,82762.743.08$98,621
Aug 20252461,95063.933.01$21,606
Jul 20251,0079,71466.743.32$99,411
Jun 20259096,94866.483.13$82,169
May 20251,1428,67760.553.23$97,195
Apr 20258347,05462.363.54$77,001
Mar 20259777,89167.704.27$99,824
Feb 20251,0787,63670.884.34$109,555
Jan 20251,3037,88174.324.28$130,559
Dec 20247215,04968.993.12$65,502
Nov 20241,1647,96869.052.20$97,891
Oct 20241,3028,91671.372.28$113,265
Sep 20241,0266,79269.612.36$87,479
Aug 20247225,76175.632.06$66,493
Jul 20241,1958,74179.932.15$114,280
Jun 20241,2658,96678.082.63$122,387
May 20241,2919,77378.812.20$123,229
Apr 20241,2088,72584.451.66$116,492
Mar 20241,2227,96180.301.55$110,427
Feb 20241,2527,09076.091.78$107,911
Jan 20249345,73773.023.30$87,119
Dec 20231,1356,97871.262.61$99,098
Nov 20231,1927,44777.892.81$113,753
Oct 20231,2868,31485.443.09$135,543
Sep 20231,3178,77989.042.74$141,277
Aug 20231,3018,61480.522.67$127,781
Jul 20239636,68274.852.64$89,733
Jun 20231,0357,34468.962.26$87,960
May 20231,3198,46070.622.23$111,992
Apr 20231,3358,28078.122.24$122,819
Mar 20231,3189,51272.852.39$118,780
Feb 20231,35910,15375.112.47$127,109
Jan 20231,60111,45576.533.39$161,331
Dec 20221,46110,75976.415.73$173,274
Nov 20221,59211,24885.005.65$198,828
Oct 20221,57311,20687.185.86$202,843
Sep 20221,55011,10784.888.16$222,238
Aug 20221,59611,51394.529.13$255,935
Jul 20221,66912,125101.587.54$260,985
Jun 20221,62611,497115.097.98$278,850
May 20221,65612,072109.378.43$282,920
Apr 20221,1279,511104.226.84$182,488
Mar 20221,50413,767108.885.08$233,642
Feb 20221,28510,80891.054.86$169,514
Jan 20221,58513,01381.844.54$188,765
Dec 20211,65513,62471.323.90$171,156
Nov 20211,38111,76977.435.24$168,563
Oct 20211,61512,73479.795.71$201,621
Sep 20211,82613,38269.865.35$199,170
Aug 20211,84113,96766.024.22$180,492
Jul 20211,93815,19970.783.98$197,695
Jun 20211,71613,07969.493.38$163,460
May 20212,02414,65563.483.02$172,707
Apr 20211,91514,37760.362.76$155,247
Mar 20211,75913,05961.302.72$143,307
Feb 20211,08111,87957.805.55$128,386
Jan 20212,18014,45350.412.81$150,511
Dec 20202,27014,55644.642.68$140,277
Nov 20202,25013,76838.772.71$124,497
Oct 20202,22814,61136.972.48$118,582
Sep 20201,97612,71637.091.99$98,608
Aug 20201,78515,93039.982.39$109,359
Jul 20201,79916,06738.371.83$98,352
Jun 20201,91417,79834.901.69$96,883
May 20201,31717,76816.921.81$54,528
Apr 20201,96317,83214.751.80$61,130
Mar 20201,94916,10530.341.86$89,027
Feb 20201,75411,60449.881.98$110,473
Jan 20201,95213,65857.252.09$140,362
Dec 20191,8928,84559.012.30$132,029
Nov 20191,6657,91055.302.75$113,833
Oct 20191,17913,90853.472.42$96,678
Sep 20191,01013,84455.052.66$92,388
Aug 201996816,04153.112.30$88,375
Jul 201991515,19756.272.46$88,873
Jun 20191,07918,92052.782.49$104,083
May 20191,09015,02958.482.74$104,927
Apr 20191,29112,75762.632.75$115,946
Mar 20191,52512,41956.803.06$124,648
Feb 20192,0989,68950.852.79$133,737
Jan 20192,02013,52446.033.23$136,639
Dec 20181,77410,30446.594.19$125,777
Nov 20183,32515,88652.934.24$243,305
Oct 20183,62316,42861.443.40$278,421
Sep 20182,89113,54359.543.11$214,222
Aug 20183,89217,54759.403.07$284,994
Jul 20183,64116,08665.142.93$284,337
Jun 20183,87214,11860.183.08$276,457
May 20184,02415,67665.382.90$308,562
Apr 20183,88215,09863.842.90$291,623
Mar 20183,81714,50261.222.79$274,091
Feb 20183,89414,24261.782.77$279,966
Jan 20184,62819,32862.874.01$368,455
Dec 20174,55219,99657.272.92$319,112
Nov 20174,53217,16455.423.12$304,687
Oct 20174,72417,37449.292.98$284,684
Sep 20174,78418,54147.523.09$284,577
Aug 20175,45619,37545.373.00$305,749
Jul 20175,40114,72343.873.09$282,396
Jun 20175,40620,10842.493.09$291,780
May 20175,77022,31745.373.26$334,614
Apr 20176,25921,20147.933.21$368,083
Mar 20177,00424,45046.772.98$400,528
Feb 20176,71524,94750.452.95$412,430
Jan 20177,40920,53549.413.42$436,284
Dec 20167,99225,97748.763.72$486,398
Nov 20169,33629,68642.492.64$475,187
Oct 20168,09619,62846.193.09$434,610
Sep 20169,15815,47641.553.10$428,500
Aug 20169,17118,24141.442.92$433,389
Jul 201612,83831,48041.622.92$626,376
Jun 201613,87629,99345.352.69$709,833
May 201616,24726,83942.521.99$744,260
Apr 201619,27027,60536.561.99$759,474
Mar 201619,12220,16433.011.79$667,392
Feb 201633,38742,68626.472.06$971,842
Jan 201628,17530,07427.352.36$841,692

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                  950 bbl  × $106.41 =   $101,090
Casinghead gas     8,366 Mcf  × $  3.05 =    $25,482

────────────────────────────────────────────────────
Month total                                 $126,571

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/47401 is the state's own key, not one this site invented.