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PRESTON 36B

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 47874District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.9 M
Jan 2016 – May 2026
Value, last 12 filed months
$418 k
at the published price for each month
Months reported
125
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 581 leases and 1,079 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2016-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition178,333 bbl$8,404,120
Casinghead gasProduction1,600,873 Mcf$5,451,554
Total$13,855,674

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 31.6906, -101.8543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69063, -101.85433 · 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
9,387 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 9,387 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-329401812H9,387 ftJan 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 (125)

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

125 months

May 20261351,812106.413.05$19,884
Apr 20262327,43498.932.87$44,285
Mar 202655813,17689.753.15$91,578
Feb 20262969,76463.503.75$55,414
Jan 20263026,87259.138.00$72,819
Dec 20258516,72656.664.41$77,902
Nov 20252431,48658.593.93$20,072
Oct 202521982859.383.30$15,741
Sep 2025045962.743.08$1,412
Aug 2025033663.933.01$1,013
Jul 20253928466.743.32$3,544
Jun 20251122,21766.483.13$14,382
May 20253465460.553.23$4,173
Apr 20251635762.363.54$2,263
Mar 20252324467.704.27$2,599
Feb 2025559470.884.34$4,306
Jan 202517131474.324.28$14,052
Dec 2024023068.993.12$718
Nov 2024134669.052.20$830
Oct 20241426271.372.28$1,597
Sep 20244488869.612.36$5,162
Aug 20241554,35975.632.06$20,718
Jul 20241765,29579.932.15$25,434
Jun 20242185778.082.63$3,897
May 20241105,12678.812.20$19,938
Apr 20242356,50984.451.66$30,645
Mar 20242509,91580.301.55$35,395
Feb 202437110,82576.091.78$47,537
Jan 20241247,85273.023.30$34,948
Dec 202340314,24871.262.61$65,915
Nov 202341014,92577.892.81$73,838
Oct 202338613,85885.443.09$75,763
Sep 202343713,89289.042.74$76,906
Aug 202343315,77480.522.67$77,027
Jul 20234367,34474.852.64$52,036
Jun 202328915,59068.962.26$55,139
May 20232159,63970.622.23$36,653
Apr 202342218,71878.122.24$74,853
Mar 202342518,08572.852.39$74,242
Feb 202332315,45275.112.47$62,360
Jan 202336620,89776.533.39$98,803
Dec 202228319,08976.415.73$130,986
Nov 202228618,32685.005.65$127,782
Oct 202232120,03287.185.86$145,448
Sep 202233219,83584.888.16$190,107
Aug 202235520,42694.529.13$219,986
Jul 202225019,597101.587.54$173,197
Jun 202222720,493115.097.98$189,602
May 202226320,893109.378.43$204,956
Apr 202232219,247104.226.84$165,162
Mar 202244619,134108.885.08$145,692
Feb 202238913,52291.054.86$101,120
Jan 202243514,51181.844.54$101,447
Dec 202133612,01371.323.90$70,804
Nov 20212788,71077.435.24$67,139
Oct 20213639,87479.795.71$85,383
Sep 20213488,49469.865.35$69,762
Aug 202153511,46466.024.22$83,706
Jul 20214979,22370.783.98$71,904
Jun 20214939,05269.493.38$64,860
May 202158111,26863.483.02$70,885
Apr 20214088,19660.362.76$47,235
Mar 20214889,59461.302.72$55,981
Feb 20212066,97957.805.55$50,626
Jan 20212899,35250.412.81$40,850
Dec 202045913,85044.642.68$57,545
Nov 202043914,96338.772.71$57,518
Oct 202052417,41136.972.48$62,524
Sep 202050415,58437.091.99$49,722
Aug 202050518,09639.982.39$63,351
Jul 202061820,13338.371.83$60,458
Jun 202053320,63034.901.69$53,473
May 202066520,24516.921.81$47,991
Apr 202071517,28114.751.80$41,728
Mar 202072513,58630.341.86$47,215
Feb 202057910,18649.881.98$49,056
Jan 202050413,27457.252.09$56,660
Dec 201964914,62459.012.30$71,996
Nov 201966912,21555.302.75$70,596
Oct 201970016,18753.472.42$76,578
Sep 201973515,76355.052.66$82,348
Aug 201969015,11753.112.30$71,481
Jul 201973515,68856.272.46$79,952
Jun 201975615,84152.782.49$79,365
May 20193,00517,41358.482.74$223,450
Apr 201988016,28062.632.75$99,896
Mar 201989216,02956.803.06$99,748
Feb 201995016,48550.852.79$94,337
Jan 20191,20516,47746.033.23$108,657
Dec 201889114,19546.594.19$100,924
Nov 20181,10419,11652.934.24$139,434
Oct 20181,16219,41661.443.40$137,370
Sep 20181,24319,81959.543.11$135,606
Aug 20181,37621,49259.403.07$147,641
Jul 20181,48921,57465.142.93$160,246
Jun 20181,55217,71960.183.08$147,919
May 20181,50818,48865.382.90$152,223
Apr 20181,51325,11863.842.90$169,452
Mar 20181,81626,58861.222.79$185,272
Feb 20182,19930,74061.782.77$220,885
Jan 20183,88823,39962.874.01$338,253
Dec 20174751,32657.272.92$31,077
Nov 20172,1975,67555.423.12$139,454
Oct 20172,5455,49549.292.98$141,838
Sep 20172,6514,03347.523.09$138,427
Aug 20172,6403,95545.373.00$131,659
Jul 20172,3163,84543.873.09$113,474
Jun 20171,8782,77442.493.09$88,360
May 201711045.373.26$499
Apr 20171,92011,85147.933.21$130,086
Mar 20173,74327,28446.772.98$256,467
Feb 20173,96515,74850.452.95$246,532
Jan 20174,98020,08649.413.42$314,732
Dec 20165,08221,15848.763.72$326,566
Nov 20165,38321,17242.492.64$284,710
Oct 20166,06423,49446.193.09$352,699
Sep 20166,93029,39541.553.10$379,085
Aug 201610,88327,01641.442.92$529,995
Jul 20163,1213,65541.622.92$140,584
Jun 20164,0498,76845.352.69$207,172
May 20169,54321,19242.521.99$447,962
Apr 201610,76520,82736.561.99$435,036
Mar 201610,78418,90133.011.79$389,888
Feb 201613,41227,55026.472.06$411,869
Jan 20166,55611,38427.352.36$206,222

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                  135 bbl  × $106.41 =    $14,365
Casinghead gas     1,812 Mcf  × $  3.05 =     $5,519

────────────────────────────────────────────────────
Month total                                  $19,884

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/47874 is the state's own key, not one this site invented.