SALE RANCH 16J

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 48237District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.4 M
Nov 2016 – May 2026
Value, last 12 filed months
$656 k
at the published price for each month
Months reported
115
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
OilDisposition203,916 bbl$11,336,011
Casinghead gasProduction897,023 Mcf$3,043,797
Total$14,379,808

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 32.2361, -101.9730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23612, -101.97304 · 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
9,455 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 9,455 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-3174037910H9,455 ftNov 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 (115)

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

115 months

May 20265085,806106.413.05$71,740
Apr 20264684,60098.932.87$59,500
Mar 20268674,48289.753.15$91,929
Feb 20266404,15163.503.75$56,208
Jan 20264074,41659.138.00$59,385
Dec 20255344,75956.664.41$51,260
Nov 20255014,79858.593.93$48,193
Oct 20256134,87459.383.30$52,508
Sep 20255274,18462.743.08$45,938
Aug 20254983,84263.933.01$43,420
Jul 20255153,10066.743.32$44,648
Jun 20253692,25966.483.13$31,599
May 20256043,36960.553.23$47,462
Apr 20255283,53362.363.54$45,444
Mar 20257023,51067.704.27$62,507
Feb 20257183,02770.884.34$64,032
Jan 20257113,73274.324.28$68,810
Dec 20249133,59268.993.12$74,200
Nov 20247603,06969.052.20$59,225
Oct 20249014,53871.372.28$74,657
Sep 20247363,49169.612.36$59,487
Aug 20247933,07475.632.06$66,318
Jul 20249533,82379.932.15$84,380
Jun 20247722,94578.082.63$68,035
May 20246701,88878.812.20$56,953
Apr 202442687384.451.66$37,424
Mar 20242951,10680.301.55$25,397
Feb 20247113,19676.091.78$59,801
Jan 20245581,78973.023.30$46,645
Dec 20234241,18171.262.61$33,298
Nov 20231374777.892.81$10,803
Oct 2023321485.443.09$2,777
Sep 20233089.042.74$267
Aug 20230080.522.67$0
Jul 202317074.852.64$1,272
Jun 20232321,75768.962.26$19,967
May 20235484,65970.622.23$49,077
Apr 20235635,54578.122.24$56,390
Mar 20237786,14272.852.39$71,376
Feb 20236835,42275.112.47$64,669
Jan 20237146,50576.533.39$76,680
Dec 20227406,21076.415.73$92,121
Nov 20228276,42285.005.65$106,555
Oct 20221,0776,57187.185.86$132,424
Sep 20229536,18484.888.16$131,375
Aug 20229115,71094.529.13$138,224
Jul 20229836,443101.587.54$148,447
Jun 20221,0166,499115.097.98$168,775
May 20221,0056,772109.378.43$167,025
Apr 20221,0627,461104.226.84$161,697
Mar 20221,1637,918108.885.08$166,822
Feb 20229816,22991.054.86$119,586
Jan 20229737,12981.844.54$111,979
Dec 20211,0338,18471.323.90$105,584
Nov 20219607,28377.435.24$112,473
Oct 20211,0428,10479.795.71$129,446
Sep 20211,0128,12669.865.35$114,180
Aug 20211,0627,43766.024.22$101,502
Jul 20211,0816,86070.783.98$103,830
Jun 20211,0196,88869.493.38$94,096
May 20211,0767,38063.483.02$90,575
Apr 20211,1537,06560.362.76$89,083
Mar 20211,0287,83761.302.72$84,309
Feb 20216345,65757.805.55$68,030
Jan 20218957,57050.412.81$66,391
Dec 20201,0307,93744.642.68$67,214
Nov 20201,0367,97938.772.71$61,761
Oct 20201,1117,97936.972.48$60,849
Sep 20201,3118,54337.091.99$65,634
Aug 20201,0898,16639.982.39$63,015
Jul 20201,1587,97038.371.83$58,979
Jun 20201,39411,23234.901.69$67,636
May 20201,2469,08416.921.81$37,568
Apr 20201,2868,30214.751.80$33,948
Mar 20201,3028,34330.341.86$54,989
Feb 20201,0577,09849.881.98$66,782
Jan 20201,1798,22357.252.09$84,723
Dec 20191,23210,41359.012.30$96,696
Nov 20191,25311,09355.302.75$99,804
Oct 20191,4329,57153.472.42$99,717
Sep 20191,4678,55255.052.66$103,483
Aug 20191,5709,02353.112.30$104,175
Jul 20191,4842,04056.272.46$88,523
Jun 20191,3052,32452.782.49$74,667
May 20191,4832,34958.482.74$93,163
Apr 20199145,31662.632.75$71,867
Mar 20191,8417,60056.803.06$127,841
Feb 20191,6109,46850.852.79$108,305
Jan 20191,6528,13146.033.23$102,290
Dec 20181,81911,83346.594.19$134,274
Nov 20181,88810,87652.934.24$146,016
Oct 20182,48211,97761.443.40$193,193
Sep 20181,4749,68959.543.11$117,875
Aug 20181,94313,41359.403.07$156,546
Jul 20182,07314,51065.142.93$177,577
Jun 20182,08512,37660.183.08$163,555
May 20182,21912,37165.382.90$180,964
Apr 20182,41513,19963.842.90$192,461
Mar 20182,55813,02961.222.79$192,911
Feb 20182,54611,54261.782.77$189,218
Jan 20182,8839,77262.874.01$220,433
Dec 20172,8188,61357.272.92$186,550
Nov 20173,18815,11255.423.12$223,804
Oct 20173,40114,92549.292.98$212,167
Sep 20173,57812,69847.523.09$209,229
Aug 20173,95815,65445.373.00$226,605
Jul 20174,31915,99543.873.09$238,856
Jun 20174,66918,27242.493.09$254,797
May 20175,42321,13045.373.26$314,997
Apr 20176,34323,75947.933.21$380,324
Mar 20177,54820,54246.772.98$414,311
Feb 20178,66527,60450.452.95$518,653
Jan 201711,71029,13649.413.42$678,201
Dec 201618,14225,72648.763.72$980,377
Nov 201616,31215,49742.492.64$734,076

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                  508 bbl  × $106.41 =    $54,056
Casinghead gas     5,806 Mcf  × $  3.05 =    $17,684

────────────────────────────────────────────────────
Month total                                  $71,740

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/48237 is the state's own key, not one this site invented.