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SALE RANCH 28O

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 47583District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$16.4 M
Feb 2016 – May 2026
Value, last 12 filed months
$279 k
at the published price for each month
Months reported
124
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
OilDisposition282,681 bbl$14,653,858
Casinghead gasProduction568,454 Mcf$1,769,655
Total$16,423,513

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 32.1760, -101.9441. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17595, -101.94413 · 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
9,177 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 9,177 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-3174029015H9,177 ftFeb 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 (124)

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

124 months

May 20261301,023106.413.05$16,949
Apr 20262931,60698.932.87$33,595
Mar 20263301,52489.753.15$34,417
Feb 20262651,24863.503.75$21,508
Jan 20262601,07159.138.00$23,940
Dec 20253721,45856.664.41$27,512
Nov 20253241,13058.593.93$23,420
Oct 202514195259.383.30$11,519
Sep 20259664262.743.08$7,998
Aug 20253411,40263.933.01$26,027
Jul 202525988266.743.32$20,210
Jun 20254051,49066.483.13$31,586
May 20255471,44060.553.23$37,775
Apr 20254521,06862.363.54$31,971
Mar 20256411,35467.704.27$49,175
Feb 202566988170.884.34$51,243
Jan 20258161,13174.324.28$65,484
Dec 202457591668.993.12$42,528
Nov 202446290069.052.20$33,880
Oct 20248591,25171.372.28$64,161
Sep 20248191,19969.612.36$59,845
Aug 20247641,03375.632.06$59,913
Jul 20247761,13779.932.15$64,466
Jun 20244091,39978.082.63$35,620
May 20245681,47778.812.20$48,011
Apr 20245171,39484.451.66$45,974
Mar 202455398780.301.55$45,931
Feb 202460391376.091.78$47,511
Jan 202463171773.023.30$48,440
Dec 20238221,65271.262.61$62,889
Nov 20231,1431,93577.892.81$94,461
Oct 20231,3962,26585.443.09$126,267
Sep 20231,1321,72189.042.74$105,500
Aug 20234701,68880.522.67$42,356
Jul 20233151,03174.852.64$26,301
Jun 202321842068.962.26$15,982
May 20235881,17970.622.23$44,151
Apr 20237331,37578.122.24$60,339
Mar 20237442,10172.852.39$59,228
Feb 20236551,22675.112.47$52,220
Jan 202361287276.533.39$49,790
Dec 20225661,13776.415.73$49,762
Nov 20227042,21785.005.65$72,358
Oct 20227682,48587.185.86$81,526
Sep 20225082,19484.888.16$61,030
Aug 20227891,47794.529.13$88,057
Jul 20228262,474101.587.54$102,564
Jun 20226602,182115.097.98$93,366
May 20225682,320109.378.43$81,687
Apr 20226271,955104.226.84$78,713
Mar 20228231,777108.885.08$98,629
Feb 20227791,91391.054.86$80,223
Jan 20229252,06081.844.54$85,050
Dec 20218141,85071.323.90$65,268
Nov 20216991,50177.435.24$61,984
Oct 20219152,98779.795.71$90,075
Sep 20218232,00969.865.35$68,245
Aug 20219031,86566.024.22$67,487
Jul 20217391,98270.783.98$60,199
Jun 20211,1652,19769.493.38$88,383
May 20211,3212,06463.483.02$90,086
Apr 20211,2522,02560.362.76$81,157
Mar 20211,5302,32161.302.72$100,095
Feb 20218921,43257.805.55$59,502
Jan 20211,2592,09850.412.81$69,362
Dec 20201,2252,16744.642.68$60,482
Nov 20201,2681,98638.772.71$54,536
Oct 20201,1931,72236.972.48$48,373
Sep 20201,2351,71437.091.99$49,219
Aug 20201,1471,36039.982.39$49,101
Jul 20201,1561,85738.371.83$47,745
Jun 20201,1481,13134.901.69$41,977
May 202058033216.921.81$10,416
Apr 202023016414.751.80$3,688
Mar 2020302230.341.86$951
Feb 20209049.881.98$449
Jan 2020171,17657.252.09$3,437
Dec 20198798259.012.30$7,397
Nov 20191,4966,65955.302.75$101,046
Oct 20191,6657,95453.472.42$108,265
Sep 20191,7828,08955.052.66$119,594
Aug 20191,9407,06353.112.30$119,309
Jul 20192,0888,28556.272.46$137,873
Jun 20192,1568,88152.782.49$135,918
May 20192,3919,77058.482.74$166,599
Apr 20192,3578,58462.632.75$171,231
Mar 20192,60010,21356.803.06$178,953
Feb 20192,3487,69750.852.79$140,888
Jan 20192,9069,14546.033.23$163,285
Dec 20182,7438,69046.594.19$164,168
Nov 20182,8597,45852.934.24$182,928
Oct 20181,9295,04761.443.40$135,668
Sep 20182,4918,78159.543.11$175,605
Aug 20183,0299,87359.403.07$210,199
Jul 20183,11010,44365.142.93$233,203
Jun 20183,0349,66860.183.08$212,334
May 20184,0459,30365.382.90$291,448
Apr 20184,0689,95063.842.90$288,564
Mar 20184,41310,30161.222.79$298,871
Feb 20184,1949,12061.782.77$284,332
Jan 20184,4848,36362.874.01$315,439
Dec 20174,8419,24557.272.92$304,254
Nov 20174,9629,45055.423.12$304,463
Oct 20174,4087,57349.292.98$239,866
Sep 20174,5356,06747.523.09$234,234
Aug 20175,86316,57345.373.00$315,796
Jul 20176,39915,74643.873.09$329,336
Jun 20175,82211,18942.493.09$281,920
May 20175,75810,01945.373.26$293,936
Apr 20176,7308,17447.933.21$348,821
Mar 20175,3619,42746.772.98$278,861
Feb 20176,89012,48350.452.95$384,458
Jan 20178,15915,50449.413.42$456,141
Dec 20168,51313,25448.763.72$464,436
Nov 20169,06513,56442.492.64$421,040
Oct 20168,2308,33046.193.09$405,886
Sep 20169,3349,44941.553.10$417,126
Aug 201610,73311,23041.442.92$477,616
Jul 20166,8007,03241.622.92$303,580
Jun 20169,33711,90345.352.69$455,402
May 201610,19517,23242.521.99$467,801
Apr 20167086,79436.561.99$39,412
Mar 201616,06317,29133.011.79$561,260
Feb 20166,9627,36326.472.06$199,479

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                  130 bbl  × $106.41 =    $13,833
Casinghead gas     1,023 Mcf  × $  3.05 =     $3,116

────────────────────────────────────────────────────
Month total                                  $16,949

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/47583 is the state's own key, not one this site invented.