PECAN ACRES 23 PSA 2

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 48208District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$56.9 M
Oct 2016 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
116
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
OilDisposition926,369 bbl$50,406,884
Casinghead gasProduction2,213,716 Mcf$6,516,835
Total$56,923,719

Wells on this lease (2)

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 32.0067, -102.1825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00666, -102.18249 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,312 ft
2 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.
2100.0%

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

Between 9,133 and 9,490 ft, median 9,312 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2016
2 of 2 wells

2 wells

42-329406089SH9,133 ftOct 2016
42-3294060916AH9,490 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 (116)

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

116 months

May 20262,23512,303106.413.05$275,299
Apr 20263,35014,27098.932.87$372,366
Mar 20264,04013,43689.753.15$404,906
Feb 20263,80110,39663.503.75$280,352
Jan 20261,7482,82059.138.00$125,913
Dec 20259161,01956.664.41$56,398
Nov 2025134058.593.93$7,851
Oct 20251,97710,26259.383.30$151,309
Sep 20252,30710,89262.743.08$178,255
Aug 20252,33110,74763.933.01$181,420
Jul 20252,60312,46766.743.32$215,055
Jun 20252,82712,64666.483.13$227,505
May 20253,32913,38460.553.23$244,832
Apr 20253,36114,24262.363.54$260,053
Mar 20253,43213,08867.704.27$288,210
Feb 20253,90613,01570.884.34$333,353
Jan 20252,71910,06774.324.28$245,150
Dec 20241,5898,04868.993.12$134,746
Nov 20242,76213,41569.052.20$220,208
Oct 20243,22113,43171.372.28$260,524
Sep 20243,89310,95869.612.36$296,900
Aug 20243,84614,66975.632.06$321,144
Jul 20243,81719,54679.932.15$347,050
Jun 20244,22814,53478.082.63$368,405
May 20241,6987,25278.812.20$149,762
Apr 20242,5215,61884.451.66$222,220
Mar 20244,4358,89680.301.55$369,876
Feb 20244,76210,05376.091.78$380,272
Jan 20244,64512,38573.023.30$380,019
Dec 20236,03212,93971.262.61$463,620
Nov 20232,8914,46977.892.81$237,727
Oct 20232,7286,79185.443.09$254,046
Sep 20233,8839,58989.042.74$371,969
Aug 20234,89412,53980.522.67$427,580
Jul 20235,29010,94974.852.64$424,882
Jun 20234,0576,35468.962.26$294,121
May 20231,8743,01970.622.23$139,066
Apr 20236,1728,15378.122.24$500,401
Mar 20236,1547,06172.852.39$465,217
Feb 20233,3714,16275.112.47$263,458
Jan 20232,8443,44876.533.39$229,332
Dec 20224,1943,58176.415.73$340,979
Nov 20221,09497685.005.65$98,501
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20211077.435.24$77
Oct 20211213079.795.71$9,826
Sep 20216731,97069.865.35$57,557
Aug 20212,3508,01666.024.22$188,979
Jul 20214,63924,11670.783.98$424,380
Jun 20212,97715,57969.493.38$259,538
May 20213,81422,41163.483.02$309,742
Apr 20213,99326,07060.362.76$312,929
Mar 20214,31327,81461.302.72$339,956
Feb 20213,13317,21157.805.55$276,573
Jan 20214,18821,99450.412.81$272,926
Dec 20204,36020,66044.642.68$249,905
Nov 20203,71718,46038.772.71$194,071
Oct 20203,92718,37736.972.48$190,727
Sep 20203,83618,07737.091.99$178,269
Aug 20203,66821,29539.982.39$197,437
Jul 20204,12224,78238.371.83$203,391
Jun 20204,14820,91434.901.69$180,116
May 20204,79822,36516.921.81$121,769
Apr 20204,51318,39114.751.80$99,751
Mar 20205,15523,56330.341.86$200,141
Feb 20205,58622,90249.881.98$323,991
Jan 20205,02321,57357.252.09$332,757
Dec 20196,06025,39459.012.30$416,118
Nov 20196,57329,06355.302.75$443,430
Oct 20196,80328,67353.472.42$433,103
Sep 20196,57827,67055.052.66$435,646
Aug 20197,15928,46653.112.30$445,810
Jul 20196,33028,16756.272.46$425,482
Jun 20197,60832,92852.782.49$483,580
May 20199,03832,08058.482.74$616,452
Apr 201911,81831,44062.632.75$826,643
Mar 201913,87938,04356.803.06$904,819
Feb 201910,31244,59950.852.79$648,895
Jan 201911,43336,02546.033.23$642,556
Dec 201810,08829,80846.594.19$594,760
Nov 201811,35735,68952.934.24$752,349
Oct 201813,59538,63861.443.40$966,572
Sep 201813,77736,00759.543.11$932,192
Aug 201813,62237,40859.403.07$923,861
Jul 201812,21731,90765.142.93$889,363
Jun 201814,07438,49360.183.08$965,413
May 201815,36738,09265.382.90$1,115,192
Apr 201817,54831,09363.842.90$1,210,459
Mar 201813,07313,72161.222.79$838,567
Feb 20189,35512,54961.782.77$612,664
Jan 20184,75510,20862.874.01$339,874
Dec 201716,51339,25357.272.92$1,060,378
Nov 201717,61336,41055.423.12$1,089,652
Oct 201718,11135,54849.292.98$998,755
Sep 201720,01840,79947.523.09$1,077,213
Aug 201720,84242,75645.373.00$1,074,058
Jul 201723,65946,06043.873.09$1,180,120
Jun 201723,06544,96842.493.09$1,118,861
May 201720,98733,81245.373.26$1,062,522
Apr 201725,33343,30247.933.21$1,353,279
Mar 201732,36854,02346.772.98$1,675,039
Feb 201735,41951,75350.452.95$1,939,694
Jan 201746,59755,90749.413.42$2,493,493
Dec 201658,08259,44948.763.72$3,053,397
Nov 201659,14546,39142.492.64$2,635,745
Oct 201631,23222,66546.193.09$1,512,647

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                2,235 bbl  × $106.41 =   $237,826
Casinghead gas    12,303 Mcf  × $  3.05 =    $37,473

────────────────────────────────────────────────────
Month total                                 $275,299

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/48208 is the state's own key, not one this site invented.