SALE RANCH 20B

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 48278District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$13.4 M
Oct 2016 – May 2026
Value, last 12 filed months
$395 k
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
OilDisposition192,676 bbl$11,549,497
Casinghead gasProduction509,381 Mcf$1,831,022
Total$13,380,519

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 32.1762, -101.9741. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17621, -101.97414 · 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
9,249 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 9,249 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-317403642H9,249 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 20261653,895106.413.05$29,421
Apr 20261553,81098.932.87$26,268
Mar 20262124,22589.753.15$32,333
Feb 20263164,83263.503.75$38,188
Jan 20261742,60159.138.00$31,091
Dec 20254444,48956.664.41$44,969
Nov 20254163,72758.593.93$39,007
Oct 20252883,19759.383.30$27,667
Sep 20254023,45662.743.08$35,855
Aug 20254953,55263.933.01$42,354
Jul 20252832,64066.743.32$27,640
Jun 20252092,03666.483.13$20,264
May 20254402,93160.553.23$36,116
Apr 20255703,19962.363.54$46,880
Mar 20255884,05767.704.27$57,124
Feb 20255114,20970.884.34$54,490
Jan 20254854,58074.324.28$55,642
Dec 20247293,89868.993.12$62,461
Nov 20248574,01269.052.20$67,996
Oct 20249724,35071.372.28$79,296
Sep 20245693,39269.612.36$47,628
Aug 20244694,36175.632.06$44,470
Jul 20245994,68479.932.15$57,933
Jun 20241,0484,68978.082.63$94,179
May 20241,2014,71078.812.20$105,005
Apr 20241,0725,94584.451.66$100,394
Mar 20241,4164,69580.301.55$120,959
Feb 20249933,66976.091.78$82,102
Jan 20241,1883,21073.023.30$97,333
Dec 20231,4673,16171.262.61$112,791
Nov 20231,7933,55577.892.81$149,638
Oct 20231,2562,36985.443.09$114,626
Sep 202360096989.042.74$56,074
Aug 20235041,82480.522.67$45,457
Jul 20236683,07874.852.64$58,131
Jun 20236452,29768.962.26$49,667
May 20235512,61170.622.23$44,727
Apr 20231,5135,14578.122.24$129,709
Mar 20231,4415,11972.852.39$117,227
Feb 20235262,76975.112.47$46,335
Jan 20236773,53676.533.39$63,790
Dec 20226195,64176.415.73$79,616
Nov 20227845,45785.005.65$97,451
Oct 20221,1176,11887.185.86$133,255
Sep 20221,1306,17284.888.16$146,301
Aug 20221,3335,34194.529.13$174,743
Jul 20221,5454,860101.587.54$193,596
Jun 20221,3696,420115.097.98$208,772
May 20221,6577,457109.378.43$244,111
Apr 20221,7856,756104.226.84$232,228
Mar 20222,0996,580108.885.08$261,942
Feb 20221,8716,36091.054.86$201,257
Jan 20222,0867,73381.844.54$205,808
Dec 20212,2526,98571.323.90$187,848
Nov 20211,8096,25877.435.24$172,843
Oct 20211,8475,94779.795.71$181,353
Sep 20211,8985,42669.865.35$161,628
Aug 20211,9236,38966.024.22$153,922
Jul 20212,3507,00870.783.98$194,239
Jun 20212,3395,80369.493.38$182,155
May 20212,7206,29963.483.02$191,674
Apr 20212,7975,30060.362.76$183,447
Mar 20213,0515,29661.302.72$201,415
Feb 20211,7252,92057.805.55$115,905
Jan 20212,7033,10650.412.81$144,987
Dec 20202,2222,28844.642.68$105,312
Nov 20201,5802,35738.772.71$67,636
Oct 20201,1963,38536.972.48$52,606
Sep 20206142,61237.091.99$27,974
Aug 20202372239.982.39$9,528
Jul 2020481,17538.371.83$3,986
Jun 20205061,93034.901.69$20,922
May 20208082,82916.921.81$18,805
Apr 20205061,83714.751.80$10,778
Mar 20207912,79130.341.86$29,180
Feb 20206762,54849.881.98$38,766
Jan 20208883,71057.252.09$58,609
Dec 20191,9706,03659.012.30$130,159
Nov 20193,7048,57755.302.75$228,424
Oct 20193,2167,81253.472.42$190,853
Sep 20193,99011,01955.052.66$248,930
Aug 20192,6035,90153.112.30$151,843
Jul 20192,3093,90756.272.46$139,539
Jun 20193,3665,96852.782.49$192,525
May 20194,9669,71858.482.74$317,042
Apr 20193,6683,90162.632.75$240,457
Mar 201999678156.803.06$58,964
Feb 20191,4672,44150.852.79$81,413
Jan 20194,5097,44746.033.23$231,590
Dec 20183,5055,82546.594.19$187,678
Nov 20181,3552,14652.934.24$80,813
Oct 20186073,90561.443.40$50,564
Sep 20185523,70359.543.11$44,375
Aug 20187504,00959.403.07$56,844
Jul 20187843,90965.142.93$62,530
Jun 20188213,98160.183.08$61,657
May 20189044,16865.382.90$71,194
Apr 20189073,88163.842.90$69,161
Mar 20181,0023,83661.222.79$72,033
Feb 20181,0103,41461.782.77$71,841
Jan 20181,1863,96762.874.01$90,469
Dec 20171,1573,30657.272.92$75,920
Nov 20171,3613,97755.423.12$87,828
Oct 20171,5704,54549.292.98$90,946
Sep 20171,9545,22647.523.09$108,988
Aug 20171,9814,76345.373.00$104,188
Jul 20172,1974,00243.873.09$108,738
Jun 20172,9205,12142.493.09$139,881
May 20173,7375,45845.373.26$187,359
Apr 20175,0526,15047.933.21$261,894
Mar 20175,0116,09846.772.98$252,559
Feb 20171,22897650.452.95$64,834
Jan 20176,2022,61849.413.42$315,391
Dec 20169,2765,78648.763.72$473,838
Nov 201611,4399,25642.492.64$510,519
Oct 20163,6563,24746.193.09$178,905

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                  165 bbl  × $106.41 =    $17,558
Casinghead gas     3,895 Mcf  × $  3.05 =    $11,864

────────────────────────────────────────────────────
Month total                                  $29,421

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/48278 is the state's own key, not one this site invented.