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SALE RANCH 28M

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 47702District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$15.9 M
Feb 2016 – May 2026
Value, last 12 filed months
$578 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
OilDisposition246,444 bbl$12,912,085
Casinghead gasProduction940,728 Mcf$3,000,845
Total$15,912,929

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 32.1743, -101.9490. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17435, -101.94897 · 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
9,176 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 9,176 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-3174028813H9,176 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 2026864,898106.413.05$24,070
Apr 20262555,46298.932.87$40,902
Mar 20263775,14889.753.15$50,049
Feb 20263743,85763.503.75$38,214
Jan 20262763,30659.138.00$42,761
Dec 20255455,67756.664.41$55,934
Nov 20257545,28458.593.93$64,924
Oct 20257605,94459.383.30$64,773
Sep 20253665,16262.743.08$38,846
Aug 20255727,01163.933.01$57,704
Jul 20253805,21966.743.32$42,663
Jun 20255376,99966.483.13$57,598
May 20255978,14760.553.23$62,482
Apr 20255147,13562.363.54$57,333
Mar 20256798,48067.704.27$82,164
Feb 20257829,97870.884.34$98,741
Jan 20259628,54374.324.28$108,049
Dec 20247868,52468.993.12$80,833
Nov 20248538,98969.052.20$78,661
Oct 20241,2389,98671.372.28$111,138
Sep 202490310,26569.612.36$87,128
Aug 20241,0409,60175.632.06$98,468
Jul 20241,1099,90079.932.15$109,894
Jun 20241,08010,33078.082.63$111,535
May 20249879,53878.812.20$98,754
Apr 20249158,44684.451.66$91,285
Mar 20241,0608,77480.301.55$98,675
Feb 20241,1358,44676.091.78$101,427
Jan 20248746,61873.023.30$85,643
Dec 20231,0047,92771.262.61$92,240
Nov 20239547,16077.892.81$94,409
Oct 20239477,63285.443.09$104,474
Sep 20238898,57389.042.74$102,604
Aug 20238618,97280.522.67$93,309
Jul 20231,30911,02974.852.64$127,115
Jun 20231,13211,37668.962.26$103,755
May 20231,38510,11670.622.23$120,341
Apr 20231,2409,56678.122.24$118,275
Mar 20231,3178,21572.852.39$115,603
Feb 20232866,28775.112.47$36,983
Jan 20232967,12476.533.39$46,787
Dec 20222766,63176.415.73$59,079
Nov 20223207,04985.005.65$67,000
Oct 20223746,39987.185.86$70,128
Sep 20223786,83084.888.16$87,843
Aug 20226146,82494.529.13$120,319
Jul 20227036,003101.587.54$116,686
Jun 20226155,939115.097.98$118,157
May 20226606,582109.378.43$127,690
Apr 20226466,491104.226.84$111,709
Mar 20226935,252108.885.08$102,115
Feb 20227044,70791.054.86$86,970
Jan 20228975,04681.844.54$96,308
Dec 20218454,92871.323.90$79,480
Nov 20216674,36477.435.24$74,499
Oct 20217375,30979.795.71$89,140
Sep 20217265,40069.865.35$79,613
Aug 20218205,43166.024.22$77,058
Jul 20219115,76170.783.98$87,421
Jun 20218925,64569.493.38$81,069
May 20211,0205,46663.483.02$81,244
Apr 20219085,54260.362.76$70,094
Mar 20219956,08861.302.72$77,534
Feb 20215933,68457.805.55$54,714
Jan 20219525,34450.412.81$63,008
Dec 20209776,18644.642.68$60,164
Nov 20201,0426,48938.772.71$57,961
Oct 20201,0717,54936.972.48$58,305
Sep 20201,0687,76237.091.99$55,067
Aug 20201,1347,90239.982.39$64,184
Jul 20201,1577,46338.371.83$58,015
Jun 20201,0946,82334.901.69$49,714
May 20201,1767,23616.921.81$33,029
Apr 20201,1266,92314.751.80$29,100
Mar 20201,2097,01530.341.86$49,703
Feb 20201,1125,88749.881.98$67,127
Jan 20201,2118,06357.252.09$86,220
Dec 20191,1207,97259.012.30$84,462
Nov 20191,1388,41055.302.75$86,065
Oct 20191,1749,02953.472.42$84,611
Sep 20191,2368,79555.052.66$91,413
Aug 20191,3597,46353.112.30$89,374
Jul 20191,4938,84156.272.46$105,761
Jun 20191,5159,27552.782.49$103,068
May 20191,64110,29358.482.74$124,172
Apr 20191,7669,22662.632.75$135,983
Mar 20193,3239,44256.803.06$217,659
Feb 20191,8098,09050.852.79$114,577
Jan 20192,0678,72646.033.23$123,313
Dec 20182,0338,77446.594.19$131,441
Nov 20182,2667,79352.934.24$152,960
Oct 20181,6926,32561.443.40$125,449
Sep 20181,8958,43259.543.11$139,035
Aug 20182,3609,82759.403.07$170,319
Jul 20182,3519,59465.142.93$181,273
Jun 20182,2039,37560.183.08$161,423
May 20182,5159,71265.382.90$192,603
Apr 20182,4539,19063.842.90$183,258
Mar 20182,7869,57061.222.79$197,229
Feb 20182,7828,86161.782.77$196,383
Jan 20183,2719,22562.874.01$242,634
Dec 20173,4799,87957.272.92$228,104
Nov 20173,61210,32455.423.12$232,371
Oct 20173,6769,49049.292.98$209,505
Sep 20173,9549,31347.523.09$216,646
Aug 20174,1509,56845.373.00$217,032
Jul 20174,3029,70143.873.09$218,678
Jun 20174,55010,36742.493.09$225,335
May 20175,4889,78045.373.26$280,907
Apr 20176,1648,81447.933.21$323,748
Mar 20174,6655,99146.772.98$236,057
Feb 20176,1257,50950.452.95$331,177
Jan 20176,8987,69949.413.42$367,152
Dec 20166,6155,44948.763.72$342,833
Nov 20166,3355,20042.492.64$282,925
Oct 20165,5917,47746.193.09$281,354
Sep 20165,9365,20341.553.10$262,773
Aug 20166,4415,35841.442.92$282,584
Jul 20163,7673,95241.622.92$168,340
Jun 20166,2386,96245.352.69$301,592
May 201612,34812,76442.521.99$550,451
Apr 20167,2136,88836.561.99$277,422
Mar 201613,41114,15633.011.79$468,093
Feb 20164,4994,98726.472.06$129,380

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                   86 bbl  × $106.41 =     $9,151
Casinghead gas     4,898 Mcf  × $  3.05 =    $14,919

────────────────────────────────────────────────────
Month total                                  $24,070

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/47702 is the state's own key, not one this site invented.