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PRESTON 36F

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 47885District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.9 M
Feb 2016 – May 2026
Value, last 12 filed months
$11 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) 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
OilDisposition220,343 bbl$10,313,654
Casinghead gasProduction1,239,594 Mcf$3,536,573
Total$13,850,227

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 31.6928, -101.8451. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69276, -101.84506 · 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
9,347 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 9,347 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-329402546H9,347 ftFeb 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20251056.664.41$57
Nov 20258558.593.93$488
Oct 2025132559.383.30$855
Sep 20253062.743.08$188
Aug 2025141963.933.01$952
Jul 2025301266.743.32$2,042
Jun 20257746666.483.13$6,577
May 20253217,31460.553.23$43,078
Apr 202534411,47662.363.54$62,113
Mar 20254376,37967.704.27$56,813
Feb 20253055,16670.884.34$44,043
Jan 20251854,08174.324.28$31,210
Dec 20242324,91268.993.12$31,338
Nov 20241111,88169.052.20$11,800
Oct 202442912,48971.372.28$59,110
Sep 20242165,97769.612.36$29,168
Aug 20241946,24175.632.06$27,551
Jul 20242173,61779.932.15$25,109
Jun 20246027178.082.63$5,399
May 202472978.812.20$615
Apr 20245520584.451.66$4,985
Mar 20246115580.301.55$5,138
Feb 20248025876.091.78$6,547
Jan 20244025873.023.30$3,772
Dec 20239139971.262.61$7,526
Nov 202314437077.892.81$12,255
Oct 202318942185.443.09$17,448
Sep 202333022389.042.74$29,993
Aug 202351130180.522.67$41,950
Jul 202344029574.852.64$33,713
Jun 202345133868.962.26$31,864
May 20234811,05470.622.23$36,316
Apr 20234812,34378.122.24$42,819
Mar 20235541,70672.852.39$44,442
Feb 202324419175.112.47$18,798
Jan 20234661,57476.533.39$40,995
Dec 202244440276.415.73$36,229
Nov 202242931585.005.65$38,244
Oct 202246033787.185.86$42,079
Sep 202246131984.888.16$41,734
Aug 202254442194.529.13$55,261
Jul 2022388554101.587.54$43,591
Jun 2022383187115.097.98$45,571
May 2022421175109.378.43$47,521
Apr 2022500268104.226.84$53,942
Mar 2022651359108.885.08$72,703
Feb 202251828391.054.86$48,539
Jan 202253327881.844.54$44,882
Dec 202145198371.323.90$35,998
Nov 20217291,67477.435.24$65,213
Oct 202170651179.795.71$59,252
Sep 20211582,43269.865.35$24,051
Aug 20214244,87666.024.22$48,572
Jul 20215706,41470.783.98$65,886
Jun 20215346,42969.493.38$58,842
May 20215314,82463.483.02$48,265
Apr 20215318,65860.362.76$55,934
Mar 202172516,10161.302.72$88,188
Feb 202141612,58157.805.55$93,844
Jan 202164319,72250.412.81$87,838
Dec 202061421,78744.642.68$85,699
Nov 202052519,57838.772.71$73,343
Oct 202066722,45336.972.48$80,307
Sep 202057218,26037.091.99$57,572
Aug 202066616,05539.982.39$64,919
Jul 202060017,26038.371.83$54,524
Jun 202033613,09634.901.69$33,863
May 202063122,26316.921.81$51,078
Apr 202060717,66314.751.80$40,824
Mar 202086217,82130.341.86$59,233
Feb 20205837,79749.881.98$44,523
Jan 202086115,16457.252.09$81,057
Dec 201981315,55559.012.30$83,819
Nov 201995322,75555.302.75$115,293
Oct 201969816,74553.472.42$77,821
Sep 201974719,59755.052.66$93,197
Aug 201980618,46453.112.30$85,354
Jul 201978920,79656.272.46$95,556
Jun 201984418,73252.782.49$91,211
May 201963119,31858.482.74$89,838
Apr 201997917,03662.632.75$108,176
Mar 20191,11817,88856.803.06$118,277
Feb 201997015,75850.852.79$93,324
Jan 201991915,87646.033.23$93,552
Dec 20181,18918,83646.594.19$134,232
Nov 20181,19218,00652.934.24$139,388
Oct 20181,28420,00061.443.40$146,851
Sep 20181,38919,88859.543.11$144,513
Aug 20181,73921,18659.403.07$168,265
Jul 20181,79120,35465.142.93$176,341
Jun 20181,46619,66460.183.08$148,728
May 20181,68222,67865.382.90$175,754
Apr 20181,77823,00663.842.90$180,243
Mar 20181,99423,65761.222.79$188,001
Feb 20181,95520,99261.782.77$178,846
Jan 20182,27525,46962.874.01$245,143
Dec 20172,39032,73057.272.92$232,497
Nov 20171,75914,82955.423.12$143,726
Oct 20172,57111,00049.292.98$159,545
Sep 20172,5399,22947.523.09$149,146
Aug 20172,9259,17645.373.00$160,276
Jul 20174,0418,42243.873.09$203,280
Jun 20171,1611,48742.493.09$53,922
May 20171711,11245.373.26$11,387
Apr 20173,56628,55447.933.21$262,622
Mar 20173,44528,24646.772.98$245,400
Feb 20174,26517,44050.452.95$266,663
Jan 20175,40119,41849.413.42$333,250
Dec 20165,25314,17148.763.72$308,893
Nov 20165,78618,60042.492.64$295,032
Oct 20168,55122,02146.193.09$463,021
Sep 20169,35420,58441.553.10$452,482
Aug 201613,04226,31341.442.92$617,409
Jul 201610,15717,35041.622.92$473,472
Jun 201614,91917,93645.352.69$724,750
May 201618,43819,79742.521.99$823,400
Apr 201614,27816,23036.561.99$554,318
Mar 201610,38812,58033.011.79$365,477
Feb 201618,44621,36226.472.06$532,349

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.

Dec 2025 — as filed, then multipliedworked
Oil                    1 bbl  × $ 56.66 =        $57
Casinghead gas         0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                      $57

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/47885 is the state's own key, not one this site invented.