SALE RANCH 15K

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 47786District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$31.5 M
May 2016 – May 2026
Value, last 12 filed months
$906 k
at the published price for each month
Months reported
121
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition498,885 bbl$26,114,961
Casinghead gasProduction1,673,244 Mcf$5,408,492
Total$31,523,453

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 32.2398, -101.9588. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23980, -101.95883 · 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
9,206 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 9,206 ft.

Completions filed
May 2016
1 of 1 wells

1 well

42-3174026311H9,206 ftMay 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 (121)

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

121 months

May 20264426,701106.413.05$67,443
Apr 20264953,27098.932.87$58,354
Mar 20268637,37589.753.15$100,681
Feb 20264895,54463.503.75$51,843
Jan 20265665,76659.138.00$79,584
Dec 20258665,84856.664.41$74,877
Nov 20258834,90258.593.93$70,982
Oct 20258526,71359.383.30$72,777
Sep 20259527,15262.743.08$81,735
Aug 20251,4519,10863.933.01$120,221
Jul 20257027,48766.743.32$71,672
Jun 20255675,68766.483.13$55,487
May 20258208,41060.553.23$76,835
Apr 20255054,34162.363.54$46,872
Mar 20258046,99467.704.27$84,283
Feb 20258427,02370.884.34$90,167
Jan 20258497,72774.324.28$96,159
Dec 20247566,01268.993.12$70,922
Nov 20249468,04469.052.20$83,006
Oct 20241,0448,31071.372.28$93,469
Sep 20247807,34769.612.36$71,667
Aug 20241,0339,31475.632.06$97,346
Jul 20241,0539,20979.932.15$103,934
Jun 20241,0598,57678.082.63$105,276
May 20241,3609,80878.812.20$128,744
Apr 20241,6359,44584.451.66$153,747
Mar 20241,2798,38680.301.55$115,661
Feb 20248507,09776.091.78$77,335
Jan 20246516,29473.023.30$68,291
Dec 20237246,11671.262.61$67,559
Nov 20236787,89577.892.81$74,975
Oct 20237217,38385.443.09$84,396
Sep 20237428,82589.042.74$90,204
Aug 202384010,09280.522.67$94,612
Jul 20239135,69574.852.64$83,383
Jun 20238216,48068.962.26$71,251
May 20239949,22870.622.23$90,751
Apr 20231,0149,85978.122.24$101,276
Mar 20231,13910,59672.852.39$108,334
Feb 20231,0649,31775.112.47$102,890
Jan 20231,1629,26276.533.39$120,305
Dec 20227488,58476.415.73$106,333
Nov 20229037,72285.005.65$120,355
Oct 20225665,44187.185.86$81,249
Sep 202276611,47384.888.16$158,680
Aug 20221,12611,10494.529.13$207,778
Jul 20221,59711,416101.587.54$248,324
Jun 20227819,890115.097.98$168,780
May 202276110,970109.378.43$175,741
Apr 20223749,711104.226.84$105,378
Mar 202297611,330108.885.08$163,782
Feb 202298010,59791.054.86$140,718
Jan 20221,23011,51081.844.54$152,892
Dec 20211,28712,51571.323.90$140,586
Nov 20211,05311,23277.435.24$140,354
Oct 20211,32113,03679.795.71$179,889
Sep 20211,47412,76069.865.35$171,251
Aug 20211,63712,92366.024.22$162,617
Jul 20211,78313,27370.783.98$179,055
Jun 20211,84413,13969.493.38$172,558
May 20211,99713,80563.483.02$168,428
Apr 20212,00713,15260.362.76$157,421
Mar 20212,35314,12161.302.72$182,605
Feb 20211,4379,77757.805.55$137,301
Jan 20212,23713,64550.412.81$151,113
Dec 20202,11913,06144.642.68$129,536
Nov 20201,89612,51538.772.71$107,381
Oct 20202,20914,17036.972.48$116,786
Sep 20202,41014,67037.091.99$118,595
Aug 20202,57716,47039.982.39$142,311
Jul 20202,56816,91138.371.83$129,399
Jun 20202,40216,10034.901.69$111,044
May 20202,42316,31216.921.81$70,599
Apr 20202,40515,59214.751.80$63,608
Mar 20202,55615,53930.341.86$106,393
Feb 20202,22114,73649.881.98$139,971
Jan 20202,23818,27857.252.09$166,413
Dec 20193,60117,93959.012.30$253,833
Nov 20196,39218,24555.302.75$403,664
Oct 20195,18816,74153.472.42$317,891
Sep 20192,85720,79555.052.66$212,536
Aug 20192,94318,71853.112.30$199,436
Jul 20193,44318,85856.272.46$240,129
Jun 20193,43019,24252.782.49$228,971
May 20194,21623,36558.482.74$310,579
Apr 20194,08123,36562.632.75$319,863
Mar 20194,58423,93256.803.06$333,653
Feb 20194,94024,99250.852.79$320,982
Jan 20192,65918,12246.033.23$180,895
Dec 20184,76021,60546.594.19$312,195
Nov 20186,49229,74352.934.24$469,650
Oct 20185,51424,65661.443.40$422,563
Sep 20183,67114,16259.543.11$262,587
Aug 20185,14521,76559.403.07$372,357
Jul 20186,30023,06065.142.93$477,991
Jun 20188,50128,36460.183.08$598,864
May 20189,27028,41265.382.90$688,490
Apr 201810,36224,75663.842.90$733,322
Mar 20189,10518,29261.222.79$608,385
Feb 20186,3509,48661.782.77$418,542
Jan 20185,1845,29362.874.01$347,139
Dec 20174,5168,20257.272.92$282,594
Nov 20176,12812,53155.423.12$378,690
Oct 20177,88723,46949.292.98$458,774
Sep 201711,59030,38647.523.09$644,567
Aug 201710,73022,93145.373.00$555,714
Jul 201714,38830,32543.873.09$724,823
Jun 201714,97129,85442.493.09$728,285
May 201716,54628,72545.373.26$844,433
Apr 201716,32323,84347.933.21$858,936
Mar 201713,00117,47746.772.98$660,203
Feb 201716,25322,75650.452.95$887,153
Jan 201712,30818,15749.413.42$670,213
Dec 201612,12419,62748.763.72$664,234
Nov 201612,91825,01242.492.64$615,026
Oct 201610,69711,17746.193.09$528,634
Sep 201612,50111,40441.553.10$554,776
Aug 201614,02211,54141.442.92$614,821
Jul 201617,36714,56541.622.92$765,408
Jun 201623,12324,33245.352.69$1,113,980
May 201627,03626,90442.521.99$1,203,138

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                  442 bbl  × $106.41 =    $47,033
Casinghead gas     6,701 Mcf  × $  3.05 =    $20,410

────────────────────────────────────────────────────
Month total                                  $67,443

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/47786 is the state's own key, not one this site invented.