SALE RANCH 20A

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 48105District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$28.5 M
May 2016 – May 2026
Value, last 12 filed months
$761 k
at the published price for each month
Months reported
121
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
OilDisposition447,323 bbl$25,581,254
Casinghead gasProduction845,668 Mcf$2,922,691
Total$28,503,945

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 32.1757, -101.9778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17567, -101.97775 · 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
9,254 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 9,254 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-317403631H9,254 ftOct 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 (121)

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

121 months

May 20264763,681106.413.05$61,863
Apr 20266894,09898.932.87$79,923
Mar 20268174,85889.753.15$88,626
Feb 20265344,04863.503.75$49,090
Jan 20264352,92959.138.00$49,147
Dec 20256544,61156.664.41$57,406
Nov 20257064,50858.593.93$59,065
Oct 20257004,14759.383.30$55,271
Sep 20256844,00162.743.08$55,225
Aug 20258133,92063.933.01$63,793
Jul 20259593,62666.743.32$76,025
Jun 20258323,15666.483.13$65,186
May 20251,1214,15260.553.23$81,297
Apr 20258863,47262.363.54$67,553
Mar 20257914,68867.704.27$73,561
Feb 20257334,60970.884.34$71,962
Jan 20259064,96774.324.28$88,586
Dec 20247714,64068.993.12$67,674
Nov 20249214,42469.052.20$73,321
Oct 20249335,38871.372.28$78,880
Sep 20246084,31769.612.36$52,530
Aug 20249675,28175.632.06$84,032
Jul 20241,2135,54579.932.15$108,858
Jun 20241,3595,24178.082.63$119,915
May 20241,3455,10078.812.20$117,211
Apr 20241,1226,65384.451.66$105,792
Mar 20241,2365,38680.301.55$107,573
Feb 20241,1074,95476.091.78$93,068
Jan 20241,4065,22073.023.30$119,880
Dec 20231,2385,72671.262.61$103,169
Nov 20231,2835,84977.892.81$116,354
Oct 20231,3125,54485.443.09$129,213
Sep 20239924,49289.042.74$100,613
Aug 20231,1985,26380.522.67$110,530
Jul 20231,5816,53474.852.64$135,599
Jun 20231,5346,38468.962.26$120,203
May 20231,7336,95170.622.23$137,867
Apr 20231,6346,42778.122.24$142,030
Mar 20231,7357,06872.852.39$143,310
Feb 20231,7498,09175.112.47$151,317
Jan 20232,0168,19976.533.39$182,060
Dec 20221,6157,88976.415.73$168,599
Nov 20221,9158,50585.005.65$210,796
Oct 20222,6548,54787.185.86$281,493
Sep 20222,2578,66184.888.16$262,280
Aug 20221,5647,29294.529.13$214,385
Jul 20221,9558,531101.587.54$262,930
Jun 20222,0658,742115.097.98$307,398
May 20222,35710,115109.378.43$343,085
Apr 20222,4959,334104.226.84$323,851
Mar 20222,65110,365108.885.08$341,258
Feb 20222,5438,83291.054.86$274,453
Jan 20222,7229,46081.844.54$265,695
Dec 20212,9739,36771.323.90$248,557
Nov 20212,9769,44377.435.24$279,883
Oct 20213,2559,25179.795.71$312,575
Sep 20212,8947,31569.865.35$241,317
Aug 20212,9297,91466.024.22$226,774
Jul 20213,7948,34870.783.98$301,782
Jun 20213,5296,10969.493.38$265,882
May 20213,7915,80363.483.02$258,164
Apr 20213,4373,88060.362.76$218,160
Mar 20213,3433,66561.302.72$214,883
Feb 20211,9162,07557.805.55$122,257
Jan 20212,7702,73650.412.81$147,325
Dec 20202,3932,45044.642.68$113,378
Nov 20202,1292,32838.772.71$88,842
Oct 20201,9003,55536.972.48$79,054
Sep 20201,1582,69537.091.99$48,316
Aug 20202706139.982.39$10,940
Jul 20201381,10138.371.83$7,305
Jun 20202,5134,69434.901.69$95,638
May 20204,5457,74116.921.81$90,949
Apr 20203,2365,99914.751.80$58,555
Mar 20203,7238,41930.341.86$128,583
Feb 20204,26910,70549.881.98$234,141
Jan 20205,27915,74757.252.09$335,209
Dec 20195,57615,82559.012.30$365,506
Nov 20195,80714,95755.302.75$362,269
Oct 20194,0048,61953.472.42$234,939
Sep 20194,92813,07355.052.66$306,025
Aug 20195,09113,33953.112.30$301,121
Jul 20197,83116,95256.272.46$482,353
Jun 20197,75213,39252.782.49$442,513
May 20195,0741,91158.482.74$301,964
Apr 20191,4982,22962.632.75$99,951
Mar 20192,6192,48156.803.06$156,356
Feb 20195,8939,57150.852.79$326,383
Jan 20197,02610,35746.033.23$356,841
Dec 20187,05210,30646.594.19$371,688
Nov 20186,8756,86752.934.24$392,991
Oct 20186,1457,82061.443.40$404,122
Sep 20185,9639,96759.543.11$386,014
Aug 20186,3808,86759.403.07$406,163
Jul 20186,6508,30565.142.93$457,530
Jun 20186,6748,24060.183.08$426,995
May 20187,2239,00865.382.90$498,370
Apr 20187,3939,02263.842.90$498,140
Mar 20187,3618,52461.222.79$474,395
Feb 20188,44910,19661.782.77$550,183
Jan 20187,5277,52162.874.01$503,377
Dec 20178,9329,44757.272.92$539,135
Nov 20177,7958,70555.423.12$459,144
Oct 20177,0909,60749.292.98$378,130
Sep 20177,9389,43247.523.09$406,333
Aug 20179,94610,68745.373.00$483,358
Jul 20177,8157,78543.873.09$366,879
Jun 201710,36311,80942.493.09$476,782
May 201711,63213,00445.373.26$570,181
Apr 201712,65913,31847.933.21$649,518
Mar 201713,84114,26646.772.98$689,909
Feb 201713,21312,17050.452.95$702,529
Jan 201713,85711,25349.413.42$723,146
Dec 201615,98313,07348.763.72$828,000
Nov 201618,01716,27642.492.64$808,582
Oct 20161,7691,66546.193.09$86,855
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0

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                  476 bbl  × $106.41 =    $50,651
Casinghead gas     3,681 Mcf  × $  3.05 =    $11,212

────────────────────────────────────────────────────
Month total                                  $61,863

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/48105 is the state's own key, not one this site invented.