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PRESTON 18A

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48917District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.2 M
Jun 2017 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
108
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 581 leases and 1,079 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2016-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition409,430 bbl$22,441,298
Casinghead gasProduction2,259,613 Mcf$7,714,767
Total$30,156,066

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 31.7362, -101.8526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73617, -101.85265 · 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
9,436 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 9,436 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-329408961H9,436 ftJun 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 (108)

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

108 months

May 202637711,170106.413.05$74,139
Apr 20262198,81098.932.87$46,948
Mar 202645918,89789.753.15$100,710
Feb 202644018,98263.503.75$99,129
Jan 202646318,24959.138.00$173,331
Dec 202535116,10156.664.41$90,947
Nov 202546419,45358.593.93$103,567
Oct 202555122,52959.383.30$107,173
Sep 202540921,64162.743.08$92,248
Aug 202545722,36063.933.01$96,626
Jul 202548923,37266.743.32$110,119
Jun 202551823,19166.483.13$106,995
May 202553722,68860.553.23$105,850
Apr 202559920,92962.363.54$111,508
Mar 202576320,13867.704.27$137,611
Feb 202556316,82270.884.34$112,927
Jan 202565415,65274.324.28$115,575
Dec 20242065,02768.993.12$29,903
Nov 202470318,49069.052.20$89,191
Oct 202466516,12971.372.28$84,258
Sep 202468114,49469.612.36$81,673
Aug 202496015,74975.632.06$105,105
Jul 20241,11912,87279.932.15$117,073
Jun 20245643,43178.082.63$53,074
May 20243031,50178.812.20$27,179
Apr 20245479,38884.451.66$61,771
Mar 20246599,48380.301.55$67,570
Feb 202465611,06176.091.78$69,644
Jan 202457913,05173.023.30$85,316
Dec 202368216,17971.262.61$90,838
Nov 202373716,94377.892.81$104,973
Oct 202354318,41285.443.09$103,237
Sep 202359217,25289.042.74$99,897
Aug 202357814,33380.522.67$84,851
Jul 202384518,52774.852.64$112,193
Jun 202363813,83268.962.26$75,236
May 202370515,24670.622.23$83,746
Apr 20239414,90678.122.24$84,489
Mar 202393218,78272.852.39$112,845
Feb 20231,00519,77675.112.47$124,247
Jan 20231,10220,76476.533.39$154,679
Dec 20221,05121,75176.415.73$204,920
Nov 20221,03720,99085.005.65$206,659
Oct 20221,14222,89887.185.86$233,828
Sep 20221,08023,41684.888.16$282,831
Aug 20221,02924,22094.529.13$318,321
Jul 20221,17325,646101.587.54$312,578
Jun 20221,25124,354115.097.98$338,254
May 20221,21223,076109.378.43$327,157
Apr 20221,58721,324104.226.84$311,202
Mar 20222,92820,361108.885.08$422,161
Feb 20227082,85891.054.86$78,350
Jan 2022229181.844.54$2,213
Dec 20211,02815,44471.323.90$133,535
Nov 20211,49922,57077.435.24$234,263
Oct 20211,46826,16579.795.71$266,635
Sep 20211,11512,03169.865.35$142,271
Aug 20211,55720,71966.024.22$190,240
Jul 20211,62821,68870.783.98$201,593
Jun 20211,63321,23769.493.38$185,271
May 20211,80621,79863.483.02$180,424
Apr 20211,87922,84860.362.76$176,441
Mar 20212,16323,07461.302.72$195,283
Feb 20211,45016,36857.805.55$174,619
Jan 20211,90725,17350.412.81$166,875
Dec 20202,22825,62644.642.68$168,019
Nov 20202,15823,37338.772.71$146,926
Oct 20202,31825,07936.972.48$147,853
Sep 20202,35923,94437.091.99$135,169
Aug 20202,40024,73939.982.39$154,957
Jul 20202,63227,16638.371.83$150,571
Jun 20202,66126,92534.901.69$138,381
May 20202,90324,63416.921.81$93,823
Apr 20202,58722,55914.751.80$78,863
Mar 20203,04927,47030.341.86$143,497
Feb 20203,01024,72449.881.98$199,109
Jan 20203,80027,26657.252.09$274,665
Dec 20193,59526,89859.012.30$274,124
Nov 20193,74427,24455.302.75$281,983
Oct 20193,95727,70653.472.42$278,589
Sep 20193,95826,62155.052.66$288,627
Aug 20194,48227,29553.112.30$300,937
Jul 20194,75827,03956.272.46$334,250
Jun 20194,94124,12852.782.49$320,894
May 20195,70520,80458.482.74$390,638
Apr 20195,99415,23162.632.75$417,300
Mar 20196,63412,42456.803.06$414,855
Feb 20195,8919,01050.852.79$324,715
Jan 20196,2418,19446.033.23$313,725
Dec 20185,4076,48446.594.19$279,051
Nov 20183,6635,60752.934.24$217,641
Oct 20181,0211,94461.443.40$69,336
Sep 20185,31225,74659.543.11$396,295
Aug 20188,28540,10459.403.07$615,110
Jul 20188,62542,24665.142.93$685,693
Jun 20188,80536,05960.183.08$640,836
May 20189,88130,84065.382.90$735,480
Apr 20189,41815,75563.842.90$646,947
Mar 20189,89911,39161.222.79$637,762
Feb 201810,40212,16261.782.77$676,277
Jan 20185,00910,43662.874.01$356,757
Dec 201714,99535,39157.272.92$962,159
Nov 201717,49453,00655.423.12$1,134,809
Oct 201721,34252,81949.292.98$1,209,542
Sep 201727,82368,59047.523.09$1,533,906
Aug 201729,01144,23945.373.00$1,449,141
Jul 201736,82852,63743.873.09$1,778,150
Jun 201725,59731,34642.493.09$1,184,390

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                  377 bbl  × $106.41 =    $40,117
Casinghead gas    11,170 Mcf  × $  3.05 =    $34,022

────────────────────────────────────────────────────
Month total                                  $74,139

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/48917 is the state's own key, not one this site invented.