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SALE RANCH 17C

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 48449District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$77.9 M
Oct 2016 – May 2026
Value, last 12 filed months
$5.7 M
at the published price for each month
Months reported
116
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
OilDisposition937,673 bbl$66,870,520
Casinghead gasProduction2,965,262 Mcf$10,986,063
Total$77,856,583

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 32.2324, -101.9894. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23240, -101.98938 · 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
9,023 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 8,462 and 9,584 ft, median 9,023 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2016 – Sep 2021
2 of 2 wells

2 wells

42-3174295715H8,462 ftSep 2021——
42-317404353H9,584 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 20263,94938,970106.413.05$538,909
Apr 20264,04740,93798.932.87$517,847
Mar 20264,43542,59889.753.15$532,201
Feb 20263,99333,91863.503.75$380,759
Jan 20264,64036,15059.138.00$563,488
Dec 20255,36641,93156.664.41$489,094
Nov 20254,96237,61258.593.93$438,405
Oct 20255,45238,02959.383.30$449,420
Sep 20254,90634,09162.743.08$412,698
Aug 20255,36137,66863.933.01$456,289
Jul 20255,61236,25466.743.32$494,734
Jun 20255,44731,96866.483.13$462,135
May 20256,23237,00860.553.23$496,969
Apr 20256,16933,84162.363.54$504,602
Mar 20255,25633,84367.704.27$500,284
Feb 20251,60921,15170.884.34$205,859
Jan 20255,27431,22174.324.28$525,548
Dec 20245,62531,70368.993.12$487,026
Nov 20245,82834,31269.052.20$477,856
Oct 20246,74641,39371.372.28$575,896
Sep 20246,73235,21869.612.36$551,883
Aug 20247,13641,41375.632.06$625,157
Jul 20247,46441,57679.932.15$685,844
Jun 20247,87840,58878.082.63$722,022
May 20248,45939,15478.812.20$752,732
Apr 20248,19457,72384.451.66$787,757
Mar 20248,45541,20780.301.55$742,607
Feb 20247,62136,84576.091.78$645,600
Jan 20246,82440,36173.023.30$631,385
Dec 20238,68539,20271.262.61$721,239
Nov 20239,20640,28377.892.81$830,152
Oct 20239,68439,46985.443.09$949,253
Sep 20237,38633,52689.042.74$749,344
Aug 20238,92744,52480.522.67$837,809
Jul 202310,61645,36674.852.64$914,456
Jun 202310,14043,24068.962.26$796,911
May 202311,95347,88270.622.23$950,773
Apr 202312,01948,21078.122.24$1,046,807
Mar 202312,56043,37572.852.39$1,018,799
Feb 202311,60036,31875.112.47$960,825
Jan 202313,91848,84476.533.39$1,230,614
Dec 202214,69346,46476.415.73$1,388,888
Nov 202215,69343,17185.005.65$1,577,657
Oct 202217,74446,40887.185.86$1,819,047
Sep 202217,40442,63984.888.16$1,825,343
Aug 202214,95135,52894.529.13$1,737,438
Jul 20226,94930,043101.587.54$932,466
Jun 202214,68743,146115.097.98$2,034,511
May 202219,80052,753109.378.43$2,610,394
Apr 202221,70557,102104.226.84$2,652,536
Mar 202226,59058,752108.885.08$3,193,368
Feb 202226,05547,25591.054.86$2,601,912
Jan 202231,78847,82681.844.54$2,818,549
Dec 202133,18143,04971.323.90$2,534,322
Nov 202124,99231,64777.435.24$2,100,861
Oct 202119,96827,82579.795.71$1,752,235
Sep 20213,05714,72269.865.35$292,338
Aug 20211,91120,26366.024.22$211,686
Jul 20212,95225,30570.783.98$309,709
Jun 20213,14123,23669.493.38$296,820
May 20213,73425,14063.483.02$312,899
Apr 20213,04825,64360.362.76$254,711
Mar 20212,51217,23261.302.72$200,804
Feb 20211,67412,24057.805.55$164,664
Jan 20212,84219,94550.412.81$199,316
Dec 20202,74719,12744.642.68$173,800
Nov 20202,65718,93138.772.71$154,250
Oct 20203,29714,81736.972.48$158,613
Sep 20203,8153,66237.091.99$148,790
Aug 20203,3213,54139.982.39$141,219
Jul 20203,7403,85338.371.83$150,536
Jun 20204,0354,20634.901.69$147,931
May 20204,5025,26516.921.81$85,729
Apr 20203,6233,59214.751.80$59,921
Mar 20204,2976,20330.341.86$141,885
Feb 20203,9955,60649.881.98$210,374
Jan 20204,4838,09657.252.09$273,611
Dec 20194,3688,67059.012.30$277,734
Nov 20194,5538,64655.302.75$275,563
Oct 20194,8226,41853.472.42$273,355
Sep 20194,6185,59955.052.66$269,099
Aug 20193,8246,72153.112.30$218,580
Jul 201981713,67956.272.46$79,624
Jun 20192,01111,01552.782.49$133,581
May 20196,2691,01258.482.74$369,384
Apr 20194,2111,24962.632.75$267,171
Mar 20193,08151756.803.06$176,584
Feb 20195,5486,71950.852.79$300,877
Jan 20195,3477,66646.033.23$270,870
Dec 20185,2567,76146.594.19$277,360
Nov 20186,4947,58052.934.24$375,846
Oct 20185,6184,72061.443.40$361,209
Sep 20184,80212,82659.543.11$325,774
Aug 20186,67127,27659.403.07$479,901
Jul 20188,19332,93565.142.93$630,253
Jun 20189,28929,47460.183.08$649,701
May 201810,36934,02665.382.90$776,628
Apr 20187,65023,14163.842.90$555,503
Mar 20185,0458,86161.222.79$333,549
Feb 20188,31612,98461.782.77$549,678
Jan 20188,6428,77062.874.01$578,484
Dec 201712,66226,75057.272.92$803,303
Nov 201718,01123,68955.423.12$1,072,040
Oct 201711,5577,02449.292.98$590,602
Sep 201728,94333,63147.523.09$1,479,200
Aug 201726,31726,88245.373.00$1,274,767
Jul 201730,33323,55043.873.09$1,403,414
Jun 20172,0872,31642.493.09$95,827
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$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                3,949 bbl  × $106.41 =   $420,213
Casinghead gas    38,970 Mcf  × $  3.05 =   $118,696

────────────────────────────────────────────────────
Month total                                 $538,909

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/48449 is the state's own key, not one this site invented.