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SALE RANCH 15J

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 47797District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$44.5 M
May 2016 – May 2026
Value, last 12 filed months
$434 k
at the published price for each month
Months reported
121
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
OilDisposition732,263 bbl$39,214,678
Casinghead gasProduction1,585,930 Mcf$5,282,344
Total$44,497,022

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 32.2391, -101.9617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23914, -101.96166 · 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
9,223 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 9,223 ft.

Completions filed
May 2016
1 of 1 wells

1 well

42-3174026210H9,223 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 20262411,724106.413.05$30,896
Apr 20263931,61298.932.87$43,505
Mar 20261811,26889.753.15$20,238
Feb 202614798663.503.75$13,032
Jan 20261431,01959.138.00$16,605
Dec 20254211,22556.664.41$29,260
Nov 202547367658.593.93$30,367
Oct 202580559.383.30$4,767
Sep 202532544062.743.08$21,744
Aug 20255661,44963.933.01$40,553
Jul 20251,1903,61666.743.32$91,408
Jun 20251,2103,67066.483.13$91,923
May 20251,4244,37560.553.23$100,365
Apr 20252,0705,45462.363.54$148,409
Mar 20253,1246,94767.704.27$241,147
Feb 20252,7228,10970.884.34$228,135
Jan 20253,9028,39074.324.28$325,895
Dec 20244,5408,80668.993.12$340,701
Nov 20243,0136,12269.052.20$221,507
Oct 202458171.372.28$542
Sep 2024239469.612.36$1,823
Aug 2024941,22175.632.06$9,629
Jul 20241061,02079.932.15$10,662
Jun 202491,03678.082.63$3,432
May 20246485778.812.20$6,928
Apr 20241,1293,63284.451.66$101,370
Mar 20243,36911,57280.301.55$288,411
Feb 20242,5926,87776.091.78$209,491
Jan 20241,8385,92873.023.30$153,759
Dec 20232,6317,50171.262.61$207,068
Nov 20231,8925,76577.892.81$163,553
Oct 20232,6888,83385.443.09$256,933
Sep 20231,7996,28789.042.74$177,378
Aug 20231,0904,30480.522.67$99,271
Jul 20231,2716,85274.852.64$113,236
Jun 20231,5826,98668.962.26$124,872
May 20231,8307,61470.622.23$146,194
Apr 20231,7787,90978.122.24$156,596
Mar 20231,8238,75672.852.39$153,760
Feb 20231,97212,99175.112.47$180,149
Jan 20232,18125,62076.533.39$253,705
Dec 20222,04017,78176.415.73$257,745
Nov 20222,40912,15285.005.65$273,378
Oct 20222,25013,67787.185.86$276,354
Sep 20221,87413,33084.888.16$267,887
Aug 20222,64014,53494.529.13$382,187
Jul 20222,31813,384101.587.54$336,406
Jun 20222,31311,828115.097.98$360,557
May 20222,4159,550109.378.43$344,664
Apr 20222,4679,758104.226.84$323,832
Mar 20222,65910,503108.885.08$342,829
Feb 20222,6089,20891.054.86$282,199
Jan 20222,79410,07381.844.54$274,369
Dec 20212,74410,40171.323.90$236,257
Nov 20212,54110,33677.435.24$250,878
Oct 20212,93612,19979.795.71$303,967
Sep 20213,11312,14769.865.35$282,472
Aug 20212,93011,60566.024.22$242,419
Jul 20213,54212,89370.783.98$302,044
Jun 20212,89111,52569.493.38$239,857
May 20213,22712,23563.483.02$241,771
Apr 20213,03612,05460.362.76$216,503
Mar 20213,50512,65361.302.72$249,234
Feb 20212,1119,45657.805.55$174,477
Jan 20212,99713,77450.412.81$189,787
Dec 20202,83414,17944.642.68$164,445
Nov 20202,89816,13838.772.71$156,034
Oct 20203,24016,78236.972.48$161,376
Sep 20203,08915,82937.091.99$146,087
Aug 20203,25216,78139.982.39$170,039
Jul 20203,90815,84638.371.83$178,871
Jun 20203,78514,28734.901.69$156,246
May 20204,23114,29916.921.81$97,538
Apr 20204,18313,13514.751.80$85,400
Mar 20204,27312,33830.341.86$152,545
Feb 20204,25913,53149.881.98$239,239
Jan 20205,07517,89557.252.09$328,029
Dec 20195,22817,46659.012.30$348,752
Nov 20194,76715,77555.302.75$307,007
Oct 20194,14214,86753.472.42$257,429
Sep 20194,77117,44955.052.66$309,010
Aug 20194,39914,30853.112.30$266,602
Jul 20194,97014,50856.272.46$315,352
Jun 20195,35413,72452.782.49$316,773
May 20196,52620,35558.482.74$437,420
Apr 20196,21018,41662.632.75$439,589
Mar 20196,86925,63956.803.06$468,668
Feb 20197,72817,88050.852.79$442,894
Jan 20198,63517,24146.033.23$453,126
Dec 20187,50924,34246.594.19$451,726
Nov 20189,36121,45852.934.24$586,400
Oct 20186,04114,65761.443.40$420,965
Sep 20188,42725,04959.543.11$579,596
Aug 201810,24728,55159.403.07$696,225
Jul 20189,36529,75665.142.93$697,277
Jun 201810,07024,77760.183.08$682,249
May 201810,66028,47165.382.90$779,539
Apr 201811,91924,84863.842.90$832,988
Mar 201811,23919,33661.222.79$741,938
Feb 20188,89429,80861.782.77$631,924
Jan 201814,72732,32262.874.01$1,055,476
Dec 20179,55115,49357.272.92$592,249
Nov 201714,48425,58555.423.12$882,487
Oct 201715,01724,59649.292.98$813,575
Sep 201715,31422,21547.523.09$796,305
Aug 201715,77522,48245.373.00$783,257
Jul 201717,32927,07143.873.09$843,799
Jun 201717,13421,64542.493.09$794,848
May 201718,51621,87345.373.26$911,451
Apr 201717,52119,03647.933.21$900,918
Mar 201712,70813,22146.772.98$633,800
Feb 201716,63117,26450.452.95$890,008
Jan 201718,27817,83249.413.42$964,080
Dec 201618,31317,02148.763.72$956,308
Nov 201618,86517,12142.492.64$846,848
Oct 201617,90015,93046.193.09$876,029
Sep 201621,31416,34341.553.10$936,270
Aug 201626,72921,54841.442.92$1,170,663
Jul 201628,91124,49141.622.92$1,274,896
Jun 201624,36516,08945.352.69$1,148,165
May 201632,23222,34642.521.99$1,414,996

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                  241 bbl  × $106.41 =    $25,645
Casinghead gas     1,724 Mcf  × $  3.05 =     $5,251

────────────────────────────────────────────────────
Month total                                  $30,896

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/47797 is the state's own key, not one this site invented.