STRAIN RANCH UNIT 12-13

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 48693District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$107.3 M
Mar 2017 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
111
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
OilDisposition1,702,516 bbl$95,364,277
Casinghead gasProduction3,915,372 Mcf$11,892,228
Total$107,256,506

Wells on this lease (3)

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 32.2451, -101.8058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.24507, -101.80598 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,761 ft
3 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.
3100.0%

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 8,289 and 9,041 ft, median 8,761 ft, over the 3 wells that filed a depth.

Completions filed
Mar 2017
3 of 3 wells

3 wells

42-31740575202H9,041 ftMar 2017
42-31740585102H8,761 ftMar 2017
42-31740577502H8,289 ftMar 2017

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 (111)

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

111 months

May 20261,80133,955106.413.05$295,066
Apr 20261,80528,77898.932.87$261,153
Mar 20261,97426,11589.753.15$259,414
Feb 20261,15417,20563.503.75$137,803
Jan 20261,30429,66959.138.00$314,396
Dec 20251,91952,59156.664.41$340,834
Nov 20252,22539,46258.593.93$285,308
Oct 20252,05533,20859.383.30$231,773
Sep 20251,83323,43662.743.08$187,113
Aug 20251,96723,45663.933.01$196,465
Jul 20251,37415,62366.743.32$143,494
Jun 20252,40926,42666.483.13$242,830
May 20252,31223,09760.553.23$214,649
Apr 20259077,83662.363.54$84,324
Mar 20251,86218,70867.704.27$205,909
Feb 20252,22525,02170.884.34$266,320
Jan 20252,25635,69174.324.28$320,376
Dec 20243,04145,28768.993.12$351,156
Nov 20242,97040,47269.052.20$294,054
Oct 20243,09540,02871.372.28$312,210
Sep 20243,09035,35069.612.36$298,675
Aug 20243,53237,37975.632.06$344,262
Jul 20243,10723,68079.932.15$299,174
Jun 20242,16118,94978.082.63$218,642
May 20243,33221,89878.812.20$310,736
Apr 20242,61219,51284.451.66$252,958
Mar 20244,57328,11380.301.55$410,650
Feb 20243,48124,47476.091.78$308,522
Jan 20244,35030,61573.023.30$418,595
Dec 20234,90631,66771.262.61$432,275
Nov 20233,71124,03277.892.81$356,521
Oct 20235,42035,46585.443.09$572,575
Sep 20235,10331,98689.042.74$541,854
Aug 20235,39831,23880.522.67$518,142
Jul 20234,44423,17474.852.64$393,854
Jun 20235,28229,73968.962.26$431,412
May 20236,98524,99770.622.23$548,959
Apr 20234,26216,00078.122.24$368,752
Mar 20236,37224,45172.852.39$522,715
Feb 20236,15923,88375.112.47$521,490
Jan 20237,59835,89676.533.39$703,081
Dec 20228,09427,57676.415.73$776,448
Nov 20227,66625,95085.005.65$798,129
Oct 20229,41318,90087.185.86$931,450
Sep 20229,06314,20084.888.16$885,192
Aug 20228,2528,28994.529.13$855,634
Jul 20228,1935,600101.587.54$874,481
Jun 20222,7302,285115.097.98$332,424
May 20223,7454,119109.378.43$444,326
Apr 20223,4393,757104.226.84$384,101
Mar 20229591,154108.885.08$110,274
Feb 20229,18320,22091.054.86$934,358
Jan 202211,18424,00781.844.54$1,024,235
Dec 202111,36120,11171.323.90$888,682
Nov 202111,20814,41577.435.24$943,325
Oct 20219,93013,08079.795.71$867,052
Sep 202110,84113,45569.865.35$829,349
Aug 20217,80910,61366.024.22$560,343
Jul 20219924,63770.783.98$88,679
Jun 20218,71424,64569.493.38$688,851
May 202112,29628,47163.483.02$866,466
Apr 202112,70919,69960.362.76$821,453
Mar 202114,01812,19961.302.72$892,447
Feb 20212,7832,05257.805.55$172,242
Jan 20213,0405,11550.412.81$167,621
Dec 20207,25719,12944.642.68$375,131
Nov 202012,65442,53038.772.71$605,706
Oct 202013,37548,47236.972.48$614,608
Sep 202013,03346,54337.091.99$576,063
Aug 202014,64750,24539.982.39$705,426
Jul 202016,20850,22138.371.83$713,560
Jun 202023,18144,12134.901.69$883,595
May 20201502,47416.921.81$7,028
Apr 202013,12727,34614.751.80$242,966
Mar 202015,17547,01430.341.86$547,678
Feb 202016,29940,09349.881.98$892,405
Jan 202014,72044,57357.252.09$936,089
Dec 201917,90857,60859.012.30$1,189,501
Nov 201917,90255,73655.302.75$1,143,294
Oct 201920,61460,85653.472.42$1,249,413
Sep 201920,34157,21155.052.66$1,271,798
Aug 201920,25457,72553.112.30$1,208,709
Jul 201921,20958,53156.272.46$1,337,420
Jun 201920,69255,87752.782.49$1,231,325
May 201922,92857,39058.482.74$1,498,096
Apr 201924,72754,00462.632.75$1,697,201
Mar 201923,02637,36856.803.06$1,422,301
Feb 201925,29539,49650.852.79$1,396,532
Jan 201926,58337,91646.033.23$1,346,015
Dec 201823,69431,00746.594.19$1,233,681
Nov 20189,31411,24052.934.24$540,617
Oct 20183,7863,58361.443.40$244,787
Sep 201826,72966,73459.543.11$1,798,854
Aug 201829,46689,27959.403.07$2,024,060
Jul 201830,09680,97065.142.93$2,197,848
Jun 201830,17875,82560.183.08$2,049,420
May 201834,604100,48265.382.90$2,553,888
Apr 201833,14269,57363.842.90$2,317,603
Mar 201839,77276,89961.222.79$2,649,147
Feb 201839,42963,55761.782.77$2,611,730
Jan 201844,07144,04562.874.01$2,947,334
Dec 201743,43343,37557.272.92$2,614,129
Nov 201752,00061,50955.423.12$3,073,647
Oct 201756,20858,74349.292.98$2,945,763
Sep 201758,31075,28247.523.09$3,003,308
Aug 201754,83862,82545.373.00$2,676,751
Jul 201761,63169,45843.873.09$2,918,188
Jun 201769,84074,33442.493.09$3,196,991
May 201788,80783,76845.373.26$4,302,542
Apr 2017102,30481,71047.933.21$5,165,851
Mar 201725,57115,58446.772.98$1,242,453

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                1,801 bbl  × $106.41 =   $191,644
Casinghead gas    33,955 Mcf  × $  3.05 =   $103,422

────────────────────────────────────────────────────
Month total                                 $295,066

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/48693 is the state's own key, not one this site invented.