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SALE RANCH 16H

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 48347District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$18.1 M
Nov 2016 – May 2026
Value, last 12 filed months
$982 k
at the published price for each month
Months reported
115
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition259,369 bbl$14,563,689
Casinghead gasProduction1,056,271 Mcf$3,546,689
Total$18,110,379

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 32.2357, -101.9755. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23569, -101.97550 · 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
9,470 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 9,470 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-317403768H9,470 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 20267868,502106.413.05$109,534
Apr 20267456,39898.932.87$92,063
Mar 20267867,00189.753.15$92,593
Feb 20267466,54963.503.75$71,932
Jan 20265817,11559.138.00$91,260
Dec 20258037,60356.664.41$79,053
Nov 20257977,90058.593.93$77,715
Oct 20258519,28559.383.30$81,218
Sep 20257268,15762.743.08$70,648
Aug 20258728,34163.933.01$80,893
Jul 20257776,76266.743.32$74,274
Jun 20256405,79166.483.13$60,666
May 20259327,26460.553.23$79,912
Apr 20258156,98762.363.54$75,579
Mar 20259476,99067.704.27$93,947
Feb 20257594,47870.884.34$73,236
Jan 20257884,37774.324.28$77,292
Dec 20248244,84368.993.12$71,965
Nov 20247074,56769.052.20$58,859
Oct 20241,0277,03571.372.28$89,347
Sep 20249667,08669.612.36$83,997
Aug 20249255,02775.632.06$80,332
Jul 20249573,73079.932.15$84,500
Jun 20241,1235,25778.082.63$101,531
May 20249194,11978.812.20$81,482
Apr 202437220884.451.66$31,761
Mar 20248825,30580.301.55$79,022
Feb 20241,0595,89076.091.78$91,085
Jan 20241,1134,80073.023.30$97,100
Dec 20239704,91971.262.61$81,964
Nov 20239982,62177.892.81$85,093
Oct 20231,0242,72985.443.09$95,916
Sep 20237962,72289.042.74$78,321
Aug 20237473,25480.522.67$68,846
Jul 20231,0195,63474.852.64$91,156
Jun 20239024,39768.962.26$72,132
May 20238663,15170.622.23$68,175
Apr 20238045,70578.122.24$75,575
Mar 20239596,14872.852.39$84,576
Feb 20238435,60975.112.47$77,148
Jan 20238056,93276.533.39$85,090
Dec 20229166,40976.415.73$106,709
Nov 20221,0616,88085.005.65$129,031
Oct 20221,1226,75987.185.86$137,449
Sep 20229906,58084.888.16$137,748
Aug 20221,0836,49194.529.13$161,610
Jul 20221,0466,395101.587.54$154,484
Jun 20221,0286,591115.097.98$170,890
May 20221,0977,098109.378.43$179,837
Apr 20221,1077,368104.226.84$165,751
Mar 20221,1437,890108.885.08$164,503
Feb 20221,0276,56591.054.86$125,407
Jan 20221,1167,52381.844.54$125,470
Dec 20211,1068,20271.323.90$110,861
Nov 20211,1017,16477.435.24$122,767
Oct 20211,1948,97779.795.71$146,563
Sep 20211,0919,20269.865.35$125,456
Aug 20211,18010,03466.024.22$120,253
Jul 20211,1609,09570.783.98$118,322
Jun 20211,1169,31069.493.38$109,024
May 20211,2208,74563.483.02$103,835
Apr 20211,2677,90560.362.76$98,281
Mar 20211,4268,02861.302.72$109,225
Feb 20211,0155,29557.805.55$88,043
Jan 20211,4418,83350.412.81$97,464
Dec 20201,4639,22644.642.68$89,992
Nov 20201,4499,24638.772.71$81,203
Oct 20201,4719,01636.972.48$76,728
Sep 20201,4199,16937.091.99$70,887
Aug 20201,5189,16739.982.39$82,554
Jul 20201,5098,74038.371.83$73,852
Jun 20201,2576,42534.901.69$54,730
May 20201,6229,19816.921.81$44,136
Apr 20201,7318,25214.751.80$40,422
Mar 20201,8278,42430.341.86$71,068
Feb 20201,6487,72949.881.98$97,511
Jan 20201,9829,23657.252.09$132,817
Dec 20191,85810,35759.012.30$133,507
Nov 20192,0279,64655.302.75$138,626
Oct 20192,1539,43053.472.42$137,928
Sep 20192,2139,32955.052.66$146,615
Aug 20192,31610,13753.112.30$146,362
Jul 20192,0109,24756.272.46$135,851
Jun 20192,0749,38652.782.49$132,848
May 20192,42010,99858.482.74$171,660
Apr 20192,3967,21262.632.75$169,900
Mar 20192,5069,87156.803.06$172,567
Feb 20192,2249,99650.852.79$141,001
Jan 20192,31311,77746.033.23$144,486
Dec 20182,53011,77846.594.19$167,169
Nov 20182,66911,27452.934.24$189,041
Oct 20182,9358,23061.443.40$208,293
Sep 20182,8979,16059.543.11$200,957
Aug 20182,55011,96859.403.07$188,171
Jul 20182,93511,95665.142.93$226,239
Jun 20182,80712,56160.183.08$207,574
May 20183,12713,16765.382.90$242,638
Apr 20183,28111,95563.842.90$244,138
Mar 20183,66012,89161.222.79$259,990
Feb 20183,43812,24161.782.77$246,260
Jan 20184,09711,00362.874.01$301,693
Dec 20173,99514,56757.272.92$271,351
Nov 20174,07315,12255.423.12$272,882
Oct 20174,50616,48449.292.98$271,284
Sep 20174,69417,05847.523.09$275,722
Aug 20175,10916,51945.373.00$281,425
Jul 20175,57018,68643.873.09$302,045
Jun 20175,85119,10342.493.09$307,585
May 20176,50623,06845.373.26$370,457
Apr 20177,26623,09547.933.21$422,431
Mar 20178,60921,62746.772.98$467,171
Feb 20179,44124,76850.452.95$549,428
Jan 201712,38927,72549.413.42$706,927
Dec 201618,65826,81048.763.72$1,009,573
Nov 201618,35917,71442.492.64$826,916

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                  786 bbl  × $106.41 =    $83,638
Casinghead gas     8,502 Mcf  × $  3.05 =    $25,896

────────────────────────────────────────────────────
Month total                                 $109,534

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/48347 is the state's own key, not one this site invented.