SALE RANCH 28E

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 47932District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$30.1 M
Aug 2016 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
118
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 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
OilDisposition516,480 bbl$28,110,057
Casinghead gasProduction635,398 Mcf$1,986,848
Total$30,096,905

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 32.1734, -101.9543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17340, -101.95434 · 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
8,385 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 8,385 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-317403605H8,385 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 (118)

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

118 months

May 20262,33817,532106.413.05$302,186
Apr 20262,4886,79398.932.87$265,632
Mar 20262,1303,50689.753.15$202,209
Feb 20262,5883,81163.503.75$178,630
Jan 20263,3464,92159.138.00$237,207
Dec 20253,8204,36256.664.41$235,692
Nov 20253,0932,36058.593.93$190,485
Oct 20252,1341,58159.383.30$131,942
Sep 20259824362.743.08$6,896
Aug 202511523663.933.01$8,063
Jul 20252,3494,07166.743.32$170,268
Jun 20253,0395,31666.483.13$218,665
May 20253,1225,43760.553.23$206,611
Apr 20252,7845,11962.363.54$191,747
Mar 20253,0925,24067.704.27$231,694
Feb 20252,7355,03570.884.34$215,713
Jan 20253,5104,98474.324.28$282,188
Dec 20242,9124,60668.993.12$215,276
Nov 20242,8934,27069.052.20$209,149
Oct 20244,1194,75271.372.28$304,814
Sep 20243,0622,84769.612.36$219,877
Aug 20241,21798075.632.06$94,064
Jul 20241,0771,65279.932.15$89,631
Jun 20241,4732,11478.082.63$120,580
May 20241,5011,67978.812.20$121,985
Apr 20242,2193,55284.451.66$193,288
Mar 20242,5183,74680.301.55$207,983
Feb 20241,01987976.091.78$79,104
Jan 20241588573.023.30$11,817
Dec 202322222971.262.61$16,418
Nov 202345363677.892.81$37,070
Oct 2023177685.443.09$1,687
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023975670.622.23$6,975
Apr 20231,7652,13878.122.24$142,666
Mar 20232,9142,99872.852.39$219,460
Feb 20232,9502,72575.112.47$228,293
Jan 20233,0611,94776.533.39$240,854
Dec 202220276.415.73$1,540
Nov 2022781785.005.65$6,726
Oct 20221622087.185.86$14,240
Sep 2022772184.888.16$6,707
Aug 202214294.529.13$1,342
Jul 2022111101.587.54$1,125
Jun 20222090115.097.98$3,020
May 20224316109.378.43$4,838
Apr 20226910104.226.84$7,260
Mar 2022288108.885.08$3,089
Feb 202245891.054.86$4,136
Jan 202256981.844.54$4,624
Dec 202138871.323.90$2,741
Nov 202151377.435.24$3,965
Oct 202146479.795.71$3,693
Sep 2021531069.865.35$3,756
Aug 202121266.024.22$1,395
Jul 20217070.783.98$495
Jun 2021516869.493.38$3,774
May 20211728163.483.02$11,163
Apr 20216336760.362.76$38,393
Mar 20211,03416461.302.72$63,830
Feb 202135162857.805.55$23,772
Jan 202151819250.412.81$26,652
Dec 20201,03928844.642.68$47,151
Nov 202027422338.772.71$11,227
Oct 20201264436.972.48$4,767
Sep 20202055637.091.99$7,715
Aug 2020524239.982.39$2,179
Jul 202052416038.371.83$20,398
Jun 2020872134.901.69$3,072
May 20201032616.921.81$1,790
Apr 20201192514.751.80$1,800
Mar 2020213630.341.86$704
Feb 202027216249.881.98$13,888
Jan 202041046657.252.09$24,449
Dec 20193,9215,38259.012.30$243,780
Nov 20194,3417,70055.302.75$261,238
Oct 20194,6936,82453.472.42$267,439
Sep 20194,9537,40455.052.66$292,337
Aug 20195,6808,77553.112.30$321,886
Jul 20196,1337,59256.272.46$363,781
Jun 20196,0344,01052.782.49$328,464
May 20195,8372,81158.482.74$349,051
Apr 20195,5242,97962.632.75$354,162
Mar 20196,4074,44756.803.06$377,535
Feb 20193,6552,96650.852.79$194,138
Jan 20197,0498,91746.033.23$353,251
Dec 20187,2299,21746.594.19$375,376
Nov 20187,5287,17652.934.24$428,863
Oct 20187,49910,94161.443.40$497,917
Sep 20186,7677,21259.543.11$425,322
Aug 20187,70210,18359.403.07$488,726
Jul 20188,48711,60165.142.93$586,856
Jun 20188,19212,16960.183.08$530,438
May 20189,61513,42365.382.90$667,566
Apr 20189,72213,39363.842.90$659,503
Mar 201812,30815,55561.222.79$796,845
Feb 20185,5018,52561.782.77$363,433
Jan 201814,21918,71262.874.01$968,971
Dec 20178,60010,44857.272.92$523,046
Nov 201712,10120,86255.423.12$735,693
Oct 201713,25220,47849.292.98$714,291
Sep 201714,35819,49847.523.09$742,488
Aug 201715,40422,61145.373.00$766,812
Jul 201716,69522,99143.873.09$803,389
Jun 201711,49513,20042.493.09$529,175
May 201715,46116,27745.373.26$754,584
Apr 201716,54916,09647.933.21$844,887
Mar 201717,85217,49946.772.98$887,149
Feb 201713,44113,77850.452.95$718,779
Jan 201716,83321,39449.413.42$904,860
Dec 201618,41022,11048.763.72$979,983
Nov 201618,95320,78242.492.64$860,268
Oct 201619,27217,32646.193.09$943,716
Sep 201618,37113,79241.553.10$806,079
Aug 201615,17912,84841.442.92$666,590

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                2,338 bbl  × $106.41 =   $248,787
Casinghead gas    17,532 Mcf  × $  3.05 =    $53,400

────────────────────────────────────────────────────
Month total                                 $302,186

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/47932 is the state's own key, not one this site invented.