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SALE RANCH 20H

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 48876District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.9 M
Mar 2017 – May 2026
Value, last 12 filed months
$904 k
at the published price for each month
Months reported
111
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
OilDisposition406,959 bbl$24,594,369
Casinghead gasProduction765,935 Mcf$2,335,794
Total$26,930,163

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 32.1782, -101.9662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17825, -101.96618 · 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
9,201 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 9,201 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-317404848H9,201 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 20268665,148106.413.05$107,831
Apr 20269204,87098.932.87$104,991
Mar 20268444,58989.753.15$90,202
Feb 20265474,25963.503.75$50,707
Jan 20265064,09059.138.00$62,631
Dec 20255964,42856.664.41$53,312
Nov 20255634,50558.593.93$50,675
Oct 20256885,31459.383.30$58,415
Sep 20259726,55762.743.08$81,159
Aug 20259747,31463.933.01$84,318
Jul 20259527,32366.743.32$87,814
Jun 20258185,61366.483.13$71,942
May 20251,2147,07660.553.23$96,380
Apr 20251,1505,65462.363.54$91,747
Mar 20251,3345,66067.704.27$114,470
Feb 20251,0364,93770.884.34$94,862
Jan 20251,5257,02074.324.28$143,374
Dec 20241,2905,69568.993.12$106,773
Nov 20241,3086,18469.052.20$103,913
Oct 20241,7598,95171.372.28$145,961
Sep 20241,2845,86369.612.36$103,241
Aug 20241,7439,08475.632.06$150,569
Jul 20242,0227,94379.932.15$178,669
Jun 20242,3488,76678.082.63$206,421
May 20242,6019,19878.812.20$225,206
Apr 20242,18512,21384.451.66$204,787
Mar 20242,3657,90880.301.55$202,128
Feb 20242,0466,16976.091.78$166,683
Jan 20242,6316,93373.023.30$214,978
Dec 20232,4366,64971.262.61$190,948
Nov 20232,4858,33677.892.81$216,960
Oct 20232,5009,06885.443.09$241,595
Sep 20232,0226,93789.042.74$199,012
Aug 20232,3786,00480.522.67$207,525
Jul 20232,1094,47474.852.64$169,678
Jun 20231,9096,21468.962.26$145,679
May 20233,59511,22770.622.23$278,886
Apr 20233,2729,01078.122.24$275,771
Mar 20234,06412,40772.852.39$325,754
Feb 20234,05710,85275.112.47$331,479
Jan 20235,28511,17576.533.39$442,319
Dec 20225,43311,06776.415.73$478,539
Nov 20227,49213,42785.005.65$712,632
Oct 20227,80812,31887.185.86$752,931
Sep 20221,2182,80984.888.16$126,316
Aug 20221,5293,57394.529.13$177,132
Jul 20221,5543,831101.587.54$186,749
Jun 20221,6534,138115.097.98$223,253
May 20221,8823,882109.378.43$238,571
Apr 20222,1043,773104.226.84$245,077
Mar 20222,2533,421108.885.08$262,673
Feb 20221,9312,86091.054.86$189,714
Jan 20222,2052,94781.844.54$193,830
Dec 20212,0982,52371.323.90$159,467
Nov 20211,1701,89177.435.24$100,496
Oct 20211,0671,73679.795.71$95,055
Sep 20214501,02969.865.35$36,943
Aug 20219001,45666.024.22$65,563
Jul 20212,6323,99070.783.98$202,181
Jun 20212,4533,50769.493.38$182,315
May 20212,5593,28163.483.02$172,346
Apr 20212,7473,09460.362.76$174,343
Mar 20212,8242,61461.302.72$180,213
Feb 20211,5081,33857.805.55$94,586
Jan 20212,6872,26350.412.81$141,811
Dec 20203,0902,54244.642.68$144,739
Nov 20202,0222,29138.772.71$84,594
Oct 20201,5322,30936.972.48$62,361
Sep 202075612,12337.091.99$52,177
Aug 202025616,11539.982.39$48,671
Jul 202029915,83838.371.83$40,379
Jun 20201,53017,10234.901.69$82,305
May 20202,82026,46616.921.81$95,744
Apr 20201,99219,29814.751.80$64,203
Mar 20203,19624,26230.341.86$142,002
Feb 20202,24717,37949.881.98$146,502
Jan 20204,0948,44157.252.09$252,063
Dec 20193,2456,91759.012.30$207,427
Nov 20194,2316,38355.302.75$251,532
Oct 20191,3851,83053.472.42$78,482
Sep 20193,7655,21755.052.66$221,126
Aug 20193,9524,56153.112.30$220,401
Jul 20193,3993,18556.272.46$199,097
Jun 20193,5612,88452.782.49$195,134
May 20194,4403,66458.482.74$269,692
Apr 20192,8112,23362.632.75$182,195
Mar 20193,1492,70156.803.06$187,134
Feb 20194,4424,21650.852.79$237,648
Jan 20195,2034,58246.033.23$254,286
Dec 20184,7554,45946.594.19$240,198
Nov 20184,2083,65452.934.24$238,212
Oct 20184,4693,92061.443.40$287,896
Sep 20184,6274,67559.543.11$290,021
Aug 20185,4955,27859.403.07$342,588
Jul 20187,1178,14765.142.93$487,487
Jun 20188,8228,62960.183.08$557,459
May 201810,99611,80865.382.90$753,171
Apr 201812,32810,50063.842.90$817,478
Mar 20183,6852,05661.222.79$231,325
Feb 20187,1244,46861.782.77$452,480
Jan 20188,2655,22862.874.01$540,581
Dec 20179,1945,69857.272.92$543,187
Nov 201710,2167,21055.423.12$588,654
Oct 201712,5639,23849.292.98$646,794
Sep 201713,26710,55447.523.09$663,031
Aug 201715,28711,52845.373.00$728,206
Jul 201713,8808,91743.873.09$636,445
Jun 201714,97211,48342.493.09$671,612
May 201715,42312,81245.373.26$741,552
Apr 201712,75710,68747.933.21$645,765
Mar 20174,7364,06246.772.98$233,622

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                  866 bbl  × $106.41 =    $92,151
Casinghead gas     5,148 Mcf  × $  3.05 =    $15,680

────────────────────────────────────────────────────
Month total                                 $107,831

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/48876 is the state's own key, not one this site invented.