PRESTON B

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47855District 08Field 85280301OilCasinghead gasSave
Value, all time
$285.2 M
Dec 2015 – May 2026
Value, last 12 filed months
$12.3 M
at the published price for each month
Months reported
126
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition3,849,093 bbl$209,470,676
Casinghead gasProduction23,353,333 Mcf$75,759,851
Total$285,230,527

Wells on this lease (13)

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 31.7012, -101.8167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.0 miles.

31.71185, -101.81651 · 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
7.7%
1 of 13 wells
With a plug date
7.7%
1 of 13 wells
Median depth
9,100 ft
13 wells filed one
Completion to plug
37.8 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
17.7%
A plug date is filed
17.7%
BothOn the schedule and plugged. Neither fact cancels the other.
17.7%
NeitherNo plug date, and not on the schedule.
1292.3%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 13 of 13 wells. Median 9,100 ft, with the middle half between 8,861 and 9,255 ft; the shallowest is 8,820 ft and the deepest 9,287 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

80s
90s
00s
10s

Last completion by decade, 13 of 13 wells, Oct 1985 – May 2017. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1985 – May 2017
13 of 13 wells
Plug dates filed
Aug 2023
1 of 13 wells; 12 filed none

Last completion to plug: a median of 37.8 years across the 1 well that filed both dates, with the middle half between 37.8 years and 37.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-329408643209H8,861 ftMay 2017
42-329408603207H8,882 ftMay 2017
42-329408613208H8,869 ftMay 2017
42-329408673212H8,820 ftMay 2017
42-329408653210H8,836 ftMay 2017
42-329408663211H8,828 ftMay 2017
42-329407503206H9,255 ftOct 2016
42-329407483204H9,244 ftSep 2016
42-329407493205H9,255 ftSep 2016
42-329407473203H9,267 ftAug 2016
42-329407453201H9,287 ftAug 2016
42-329407463202H9,275 ftJul 2016
42-32931449299,100 ftOct 1985Aug 2023Yes

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 (126)

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

126 months

May 20267,068142,804106.413.05$1,187,064
Apr 20266,87597,73898.932.87$960,624
Mar 20269,026156,01189.753.15$1,301,431
Feb 20267,201146,02563.503.75$1,004,904
Jan 20267,442114,17159.138.00$1,353,176
Dec 20258,935131,91456.664.41$1,088,441
Nov 20254,34687,92458.593.93$599,860
Oct 20258,932145,72759.383.30$1,011,987
Sep 20257,001137,38562.743.08$861,965
Aug 20257,741130,01463.933.01$886,843
Jul 20258,669128,69166.743.32$1,005,205
Jun 20259,279125,90066.483.13$1,010,774
May 20257,137116,42160.553.23$808,455
Apr 20256,690113,98162.363.54$821,037
Mar 20256,781114,22267.704.27$946,610
Feb 20256,760107,13570.884.34$944,205
Jan 20256,389103,30774.324.28$916,848
Dec 20246,15697,52668.993.12$729,117
Nov 20245,682109,18669.052.20$632,381
Oct 20246,237123,96671.372.28$727,951
Sep 20247,687128,29969.612.36$838,437
Aug 20246,878128,67175.632.06$785,712
Jul 20247,135137,21879.932.15$864,851
Jun 20246,722120,02778.082.63$841,002
May 20247,858125,84278.812.20$895,945
Apr 20247,769103,89384.451.66$828,471
Mar 20249,179103,72680.301.55$897,344
Feb 20249,998112,70776.091.78$961,777
Jan 202411,258144,89373.023.30$1,299,867
Dec 202312,557158,33871.262.61$1,308,188
Nov 202310,891124,59277.892.81$1,198,100
Oct 202311,261117,39185.443.09$1,324,559
Sep 202313,057108,46589.042.74$1,459,251
Aug 202316,053118,06580.522.67$1,608,161
Jul 202316,298117,28474.852.64$1,529,746
Jun 202310,285103,97468.962.26$944,077
May 202311,335127,89670.622.23$1,085,353
Apr 202310,602128,43378.122.24$1,115,630
Mar 202316,276133,70272.852.39$1,505,677
Feb 202310,694106,81675.112.47$1,066,600
Jan 20239,957120,10176.533.39$1,168,878
Dec 20228,998126,59276.415.73$1,412,793
Nov 202210,388141,20085.005.65$1,680,223
Oct 202210,947133,74087.185.86$1,738,579
Sep 20229,260128,32984.888.16$1,833,626
Aug 202210,253132,87494.529.13$2,181,876
Jul 202210,922127,217101.587.54$2,068,938
Jun 20229,455121,628115.097.98$2,058,427
May 20229,377143,915109.378.43$2,239,203
Apr 20227,521112,255104.226.84$1,551,393
Mar 20229,185121,669108.885.08$1,617,703
Feb 20229,027110,28091.054.86$1,357,741
Jan 20229,831125,30881.844.54$1,373,177
Dec 20219,931142,43871.323.90$1,263,662
Nov 202112,064154,78977.435.24$1,744,722
Oct 202112,355152,80179.795.71$1,858,891
Sep 20218,546130,75569.865.35$1,296,683
Aug 202111,123164,48366.024.22$1,428,556
Jul 202115,335209,10170.783.98$1,918,068
Jun 202115,507216,57669.493.38$1,809,743
May 202115,905219,04463.483.02$1,670,652
Apr 202114,511189,18360.362.76$1,397,730
Mar 202116,139214,07861.302.72$1,570,958
Feb 20218,659143,14957.805.55$1,294,674
Jan 202115,391219,70450.412.81$1,393,288
Dec 202017,199228,45144.642.68$1,378,975
Nov 202016,161211,46438.772.71$1,198,904
Oct 202017,650221,74736.972.48$1,202,105
Sep 202016,737216,88237.091.99$1,052,596
Aug 202017,786228,33039.982.39$1,255,674
Jul 202018,012225,05538.371.83$1,101,873
Jun 202018,835220,34934.901.69$1,029,800
May 202019,802231,26216.921.81$754,733
Apr 202026,229236,51114.751.80$813,633
Mar 202028,364240,79030.341.86$1,307,525
Feb 202019,756208,10349.881.98$1,397,613
Jan 202024,458239,15857.252.09$1,901,194
Dec 201927,864262,05659.012.30$2,248,126
Nov 201928,056255,73455.302.75$2,254,944
Oct 201927,130269,81353.472.42$2,103,195
Sep 201929,077267,64855.052.66$2,311,905
Aug 201931,723272,93053.112.30$2,313,738
Jul 201931,470255,18956.272.46$2,398,597
Jun 201932,883257,50152.782.49$2,377,051
May 201933,005274,16358.482.74$2,681,427
Apr 201934,524301,41962.632.75$2,991,351
Mar 201940,106321,82756.803.06$3,263,487
Feb 201935,950310,39550.852.79$2,694,749
Jan 201942,372331,43846.033.23$3,020,325
Dec 201848,708356,16046.594.19$3,759,992
Nov 201852,944353,12452.934.24$4,298,597
Oct 201857,848388,54161.443.40$4,874,475
Sep 201856,766358,82259.543.11$4,495,066
Aug 201858,685355,84859.403.07$4,577,118
Jul 201865,101366,79565.142.93$5,316,078
Jun 201869,713358,00360.183.08$5,296,875
May 201869,228341,40265.382.90$5,516,466
Apr 201856,783296,85563.842.90$4,486,144
Mar 201884,233440,79761.222.79$6,385,175
Feb 201876,901398,50161.782.77$5,853,245
Jan 2018102,134413,00862.874.01$8,077,046
Dec 201769,510246,00657.272.92$4,699,549
Nov 2017108,676415,58055.423.12$7,318,752
Oct 2017122,435418,27049.292.98$7,282,805
Sep 2017125,325403,39347.523.09$7,200,831
Aug 2017145,624420,79545.373.00$7,871,197
Jul 2017171,328404,10443.873.09$8,763,742
Jun 2017188,055243,82942.493.09$8,743,225
May 2017106,658119,56845.373.26$5,229,272
Apr 201727254447.933.21$14,784
Mar 20171,8053,54946.772.98$95,009
Feb 201752,809195,79350.452.95$3,242,312
Jan 201781,234260,00549.413.42$4,902,677
Dec 2016100,605276,21848.763.72$5,933,812
Nov 2016123,080222,12242.492.64$5,817,038
Oct 2016154,117222,63746.193.09$7,806,670
Sep 2016115,875159,93741.553.10$5,310,512
Aug 2016106,041136,42941.442.92$4,793,304
Jul 20162,1784,93941.622.92$105,092
Jun 20162425745.352.69$1,779
May 20164328242.521.99$2,390
Apr 20163727136.561.99$1,892
Mar 20164126933.011.79$1,836
Feb 20167125526.472.06$2,406
Jan 20164335527.352.36$2,015
Dec 201528736632.362.00$10,020

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                7,068 bbl  × $106.41 =   $752,106
Casinghead gas   142,804 Mcf  × $  3.05 =   $434,958

────────────────────────────────────────────────────
Month total                               $1,187,064

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/47855 is the state's own key, not one this site invented.