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SALE RANCH 28F

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 47828District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$17.7 M
Feb 2016 – May 2026
Value, last 12 filed months
$596 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
OilDisposition240,525 bbl$12,830,611
Casinghead gasProduction1,500,376 Mcf$4,845,016
Total$17,675,627

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 32.1738, -101.9518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17383, -101.95180 · 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
9,425 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 9,425 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-317403616H9,425 ftAug 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 20262746,203106.413.05$48,050
Apr 20265258,19998.932.87$75,467
Mar 20265198,44889.753.15$73,187
Feb 20263395,79363.503.75$43,252
Jan 20263093,80259.138.00$48,679
Dec 20253485,53056.664.41$44,124
Nov 20252924,13458.593.93$33,340
Oct 20253875,77059.383.30$42,049
Sep 20253857,19662.743.08$46,296
Aug 20254707,91863.933.01$53,918
Jul 20253086,41366.743.32$41,816
Jun 20253696,91866.483.13$46,176
May 20254107,76160.553.23$49,912
Apr 20253846,33362.363.54$46,385
Mar 20255218,51267.704.27$71,604
Feb 20253425,57970.884.34$48,459
Jan 20255769,93074.324.28$85,296
Dec 20244209,49668.993.12$58,616
Nov 20244397,50569.052.20$46,812
Oct 20246358,83671.372.28$65,478
Sep 202453110,52069.612.36$61,836
Aug 20244738,73175.632.06$53,791
Jul 202457410,91179.932.15$69,301
Jun 20245869,38478.082.63$70,472
May 20245918,29778.812.20$64,817
Apr 20245706,97584.451.66$59,709
Mar 20246347,14180.301.55$61,944
Feb 20247047,34176.091.78$66,661
Jan 20246717,84273.023.30$74,857
Dec 20236359,46271.262.61$69,953
Nov 20235888,94677.892.81$70,916
Oct 20235808,92185.443.09$77,097
Sep 20235429,79389.042.74$75,044
Aug 202360711,37680.522.67$79,282
Jul 202385711,72974.852.64$95,132
Jun 20238766,53768.962.26$75,173
May 202378511,37870.622.23$80,780
Apr 20237159,50778.122.24$77,130
Mar 20239009,70872.852.39$88,798
Feb 20231,1139,46975.112.47$106,945
Jan 20231,1479,94376.533.39$121,464
Dec 20227828,75176.415.73$109,888
Nov 20227368,75185.005.65$111,970
Oct 20227498,28387.185.86$113,867
Sep 20226518,11584.888.16$121,505
Aug 20227698,41794.529.13$149,509
Jul 20228038,672101.587.54$146,974
Jun 20227597,440115.097.98$146,704
May 20228168,346109.378.43$159,628
Apr 20228387,797104.226.84$140,649
Mar 20228588,491108.885.08$136,523
Feb 20228147,24991.054.86$109,336
Jan 20229627,36281.844.54$112,136
Dec 20217757,39671.323.90$84,111
Nov 20216967,10577.435.24$91,099
Oct 20218439,82579.795.71$123,402
Sep 202186410,08269.865.35$114,307
Aug 202188110,31066.024.22$101,678
Jul 202191410,21370.783.98$105,362
Jun 20218399,91369.493.38$91,814
May 202190511,02063.483.02$90,704
Apr 202183711,41960.362.76$82,020
Mar 202197611,67461.302.72$91,546
Feb 202160810,28857.805.55$92,220
Jan 202193818,48350.412.81$99,227
Dec 202095712,00944.642.68$74,850
Nov 202099411,78038.772.71$70,421
Oct 20201,04312,54536.972.48$69,652
Sep 202098412,61037.091.99$61,604
Aug 202092312,55339.982.39$66,842
Jul 20201,08312,07538.371.83$63,593
Jun 20201,20312,07234.901.69$62,390
May 20201,26511,79416.921.81$42,807
Apr 20201,15911,72914.751.80$38,259
Mar 20201,23513,76330.341.86$63,017
Feb 20201,12812,47349.881.98$80,970
Jan 20201,35613,23357.252.09$105,351
Dec 20191,26313,11259.012.30$104,744
Nov 20191,31212,60255.302.75$107,218
Oct 201976514,84553.472.42$76,808
Sep 201974814,83855.052.66$80,606
Aug 20191,62512,08453.112.30$114,150
Jul 20191,78113,78456.272.46$134,126
Jun 20192,1047,04352.782.49$128,595
May 20191,9748,15358.482.74$137,781
Apr 20192,1879,61062.632.75$163,406
Mar 20192,52514,40956.803.06$187,542
Feb 20191,83413,09050.852.79$129,809
Jan 20191,8579,75446.033.23$116,965
Dec 20181,7838,88546.594.19$120,258
Nov 20182,0397,34252.934.24$139,034
Oct 20181,8428,18861.443.40$140,996
Sep 20181,37911,33159.543.11$117,322
Aug 20181,96114,30859.403.07$160,360
Jul 20182,25516,24765.142.93$194,525
Jun 20182,37716,43860.183.08$193,626
May 20182,38619,11965.382.90$211,457
Apr 20182,23815,70863.842.90$188,440
Mar 20182,60917,54461.222.79$208,615
Feb 20182,90614,04361.782.77$218,377
Jan 20183,82317,04962.874.01$308,707
Dec 20173,24517,53357.272.92$237,064
Nov 20172,93020,38755.423.12$225,955
Oct 20173,27020,41449.292.98$222,087
Sep 20173,95718,44947.523.09$244,994
Aug 20173,75821,00045.373.00$233,593
Jul 20174,39528,00543.873.09$279,268
Jun 20174,38424,96842.493.09$263,359
May 20175,75443,17745.373.26$401,963
Apr 20178,03463,32147.933.21$588,431
Mar 20178,72953,10646.772.98$566,707
Feb 20177,47434,08650.452.95$477,706
Jan 20179,60333,10249.413.42$587,653
Dec 201610,72431,99048.763.72$641,996
Nov 201614,47828,71042.492.64$691,090
Oct 201616,32614,88046.193.09$800,081
Sep 201614,88913,96841.553.10$661,948
Aug 201615,12815,52941.442.92$672,316
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0

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                  274 bbl  × $106.41 =    $29,156
Casinghead gas     6,203 Mcf  × $  3.05 =    $18,893

────────────────────────────────────────────────────
Month total                                  $48,050

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/47828 is the state's own key, not one this site invented.