PRESTON 36C

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 47898District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.3 M
Jan 2016 – May 2026
Value, last 12 filed months
$157 k
at the published price for each month
Months reported
125
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition175,731 bbl$7,977,893
Casinghead gasProduction1,609,124 Mcf$5,344,862
Total$13,322,754

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 31.6910, -101.8518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69096, -101.85185 · 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
9,396 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 9,396 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-329401823H9,396 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 20261622,403106.413.05$24,558
Apr 20261914,11698.932.87$30,707
Mar 20262662,03089.753.15$30,267
Feb 2026561,03563.503.75$7,438
Jan 2026634959.138.00$3,146
Dec 2025035356.664.41$1,558
Nov 20256736758.593.93$5,367
Oct 20253472,97659.383.30$30,440
Sep 2025039762.743.08$1,222
Aug 2025068963.933.01$2,077
Jul 202531,42666.743.32$4,928
Jun 2025294,15066.483.13$14,912
May 20251846,00960.553.23$30,564
Apr 20251216,40362.363.54$30,232
Mar 20251016,27567.704.27$33,621
Feb 20252056,72870.884.34$43,736
Jan 202525111,41374.324.28$67,487
Dec 2024976,70168.993.12$27,608
Nov 20241207,81269.052.20$25,460
Oct 20242508,26871.372.28$36,705
Sep 20243027,24669.612.36$38,154
Aug 20244048,36875.632.06$47,823
Jul 20241908,35679.932.15$33,124
Jun 20241898,51678.082.63$37,188
May 20241436,64778.812.20$25,883
Apr 20241677,03684.451.66$25,777
Mar 20242076,64080.301.55$26,882
Feb 20242425,03476.091.78$27,393
Jan 20241824,54973.023.30$28,291
Dec 20232318,65671.262.61$39,059
Nov 202328715,22477.892.81$65,097
Oct 202330015,93085.443.09$74,812
Sep 202339110,41889.042.74$63,308
Aug 202352014,04080.522.67$79,398
Jul 202354815,43474.852.64$81,791
Jun 202354117,47068.962.26$76,763
May 20233117,63770.622.23$38,973
Apr 20233697,27678.122.24$45,108
Mar 202316812,99272.852.39$43,331
Feb 202324416,04575.112.47$57,889
Jan 202335019,68476.533.39$93,469
Dec 202228117,98476.415.73$124,503
Nov 202223616,12285.005.65$111,088
Oct 202224015,49087.185.86$111,753
Sep 202224516,66984.888.16$156,876
Aug 202216010,54394.529.13$111,351
Jul 202225415,925101.587.54$145,909
Jun 202221816,806115.097.98$159,154
May 202224516,666109.378.43$167,341
Apr 202229616,487104.226.84$143,581
Mar 202235518,672108.885.08$133,439
Feb 202230912,66291.054.86$89,657
Jan 202230415,62081.844.54$95,758
Dec 202128414,48671.323.90$76,738
Nov 202132714,68477.435.24$102,218
Oct 202164311,88879.795.71$119,231
Sep 20213329,16669.865.35$72,240
Aug 202139214,00966.024.22$85,006
Jul 202149515,38370.783.98$96,292
Jun 202140212,69969.493.38$70,865
May 202160611,96563.483.02$74,575
Apr 202144611,78560.362.76$59,429
Mar 202143311,52761.302.72$57,861
Feb 20212137,20957.805.55$52,307
Jan 202142812,40150.412.81$56,426
Dec 202042516,49844.642.68$63,112
Nov 202038616,49938.772.71$59,621
Oct 202045317,30836.972.48$59,644
Sep 202039213,61637.091.99$41,649
Aug 202051317,34939.982.39$61,889
Jul 202061618,62038.371.83$57,620
Jun 202051116,77734.901.69$46,192
May 202057216,80216.921.81$40,170
Apr 202045115,47814.751.80$34,580
Mar 202064417,83930.341.86$52,652
Feb 20205589,87149.881.98$47,384
Jan 202056311,37557.252.09$56,059
Dec 201964011,78459.012.30$64,921
Nov 201961211,88755.302.75$66,541
Oct 201963011,62153.472.42$61,792
Sep 201959811,66855.052.66$63,925
Aug 201951710,39553.112.30$51,412
Jul 201951910,96656.272.46$56,181
Jun 201952412,80552.782.49$59,557
May 201967114,73758.482.74$79,624
Apr 201958014,02062.632.75$74,890
Mar 201981214,35656.803.06$90,081
Feb 20191,18413,69150.852.79$98,435
Jan 201966114,62646.033.23$77,641
Dec 201875015,12346.594.19$98,239
Nov 201862815,49952.934.24$98,913
Oct 20181,29716,20961.443.40$134,767
Sep 201886417,92059.543.11$107,138
Aug 20181,05519,62759.403.07$122,854
Jul 20181,06620,01165.142.93$128,109
Jun 20181,08817,51260.183.08$119,359
May 20181,23618,89265.382.90$135,612
Apr 201884813,18963.842.90$92,395
Mar 20181,23320,43661.222.79$132,436
Feb 20181,12819,58561.782.77$123,862
Jan 20181,60022,24062.874.01$189,759
Dec 20172,02221,15257.272.92$177,596
Nov 20172,22723,36155.423.12$196,268
Oct 20172,55624,51849.292.98$199,139
Sep 20173,05122,32747.523.09$213,913
Aug 20174,13415,23645.373.00$233,335
Jul 20173,7425,96843.873.09$182,586
Jun 20172,2843,35242.493.09$107,396
May 201719649945.373.26$10,521
Apr 20172,53717,01747.933.21$176,250
Mar 20173,12623,46346.772.98$216,209
Feb 20173,41612,51550.452.95$209,289
Jan 20174,23116,51949.413.42$265,529
Dec 20164,44517,64748.763.72$282,435
Nov 20164,70316,89542.492.64$244,507
Oct 20164,87717,01346.193.09$277,843
Sep 20165,22020,35641.553.10$280,007
Aug 20167,48125,54441.442.92$384,712
Jul 201610,89225,85841.622.92$528,943
Jun 20163,3855,67745.352.69$168,757
May 20168,35918,19742.521.99$391,656
Apr 201610,10522,51936.561.99$414,275
Mar 201614,17623,78633.011.79$510,622
Feb 201624,04732,15526.472.06$702,880
Jan 201680877327.352.36$23,926

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                  162 bbl  × $106.41 =    $17,238
Casinghead gas     2,403 Mcf  × $  3.05 =     $7,319

────────────────────────────────────────────────────
Month total                                  $24,558

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/47898 is the state's own key, not one this site invented.