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SALE RANCH 17B

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 48952District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$58.0 M
Dec 2016 – May 2026
Value, last 12 filed months
$4.1 M
at the published price for each month
Months reported
114
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
OilDisposition761,234 bbl$52,916,531
Casinghead gasProduction1,430,086 Mcf$5,045,349
Total$57,961,880

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 32.2319, -101.9909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23194, -101.99095 · 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
8,641 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 8,032 and 9,250 ft, median 8,641 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2017 – Oct 2021
2 of 2 wells

2 wells

42-3174295614H8,032 ftOct 2021——
42-317404072H9,250 ftOct 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 (114)

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

114 months

May 20263,71319,223106.413.05$453,651
Apr 20263,79720,00898.932.87$433,055
Mar 20264,08621,23989.753.15$433,609
Feb 20262,73614,80863.503.75$229,271
Jan 20263,88519,56459.138.00$386,191
Dec 20254,17417,79256.664.41$315,021
Nov 20254,17319,11758.593.93$319,558
Oct 20254,26819,30259.383.30$317,224
Sep 20253,95417,05562.743.08$300,551
Aug 20254,24218,03463.933.01$325,559
Jul 20254,11117,12766.743.32$331,148
Jun 20253,72716,08566.483.13$298,096
May 20254,78918,55260.553.23$349,940
Apr 20254,26316,67262.363.54$324,912
Mar 20255,15618,79467.704.27$429,280
Feb 20254,65517,24170.884.34$404,787
Jan 20255,59917,63274.324.28$491,559
Dec 20245,21617,71268.993.12$415,138
Nov 20245,51317,78569.052.20$419,772
Oct 20246,38320,16671.372.28$501,561
Sep 20246,15920,63469.612.36$477,514
Aug 20246,70423,94675.632.06$556,439
Jul 20247,21724,36479.932.15$629,154
Jun 20248,11925,56078.082.63$701,256
May 20249,27536,66778.812.20$811,573
Apr 20248,62732,40584.451.66$782,317
Mar 20246,07714,92380.301.55$511,041
Feb 20246,40316,03476.091.78$515,803
Jan 20247,26613,14873.023.30$573,921
Dec 20232,8947,28871.262.61$225,253
Nov 20232,2426,96277.892.81$194,176
Oct 20233,5619,74885.443.09$334,347
Sep 20234,33610,23189.042.74$414,060
Aug 20235,23413,77080.522.67$458,247
Jul 20236,13914,66474.852.64$498,244
Jun 20236,17815,11668.962.26$460,174
May 20237,20917,03670.622.23$547,046
Apr 20237,62116,80078.122.24$632,947
Mar 20237,97317,84672.852.39$623,541
Feb 20237,91215,91275.112.47$633,504
Jan 20239,57718,61576.533.39$795,990
Dec 202210,25619,58576.415.73$895,865
Nov 202210,91719,69585.005.65$1,039,147
Oct 202211,00118,45487.185.86$1,067,277
Sep 20226,80011,44084.888.16$670,577
Aug 20226,17411,70794.529.13$690,418
Jul 20227,30315,108101.587.54$855,784
Jun 202212,31819,656115.097.98$1,574,478
May 202213,73421,832109.378.43$1,686,198
Apr 202216,13323,458104.226.84$1,841,778
Mar 202216,32324,342108.885.08$1,900,818
Feb 202216,19816,61591.054.86$1,555,558
Jan 202218,94616,90581.844.54$1,627,250
Dec 202119,10016,23971.323.90$1,425,530
Nov 202113,61010,18377.435.24$1,107,149
Oct 20218,2367,65079.795.71$700,862
Sep 20218301,85569.865.35$67,910
Aug 20212,1194,77866.024.22$160,062
Jul 20215,00511,76770.783.98$401,111
Jun 20215,01111,75369.493.38$387,947
May 20215,55512,10463.483.02$389,157
Apr 20216,24210,76860.362.76$406,470
Mar 20213,8567,36461.302.72$256,380
Feb 20211,4674,33757.805.55$108,854
Jan 20213,7856,52750.412.81$209,144
Dec 20201,3203,88644.642.68$69,322
Nov 20206812,07438.772.71$32,016
Oct 20206,24012,93036.972.48$262,739
Sep 20205,77810,19037.091.99$234,595
Aug 20203,4075,70839.982.39$149,826
Jul 20205,25810,04238.371.83$220,077
Jun 20205,2689,05334.901.69$199,156
May 20204,7919,19816.921.81$97,756
Apr 20203,8886,37714.751.80$68,855
Mar 20205,03810,80830.341.86$172,915
Feb 20205,5099,64749.881.98$293,896
Jan 20206,55411,32957.252.09$398,948
Dec 20197,04010,13659.012.30$438,787
Nov 20196,6848,99255.302.75$394,359
Oct 20196,6708,45553.472.42$377,094
Sep 20196,3167,24555.052.66$366,948
Aug 20197,0707,00653.112.30$391,632
Jul 20198,1016,66656.272.46$472,242
Jun 20193,5623,20752.782.49$195,992
May 20190058.482.74$0
Apr 201941062.632.75$2,568
Mar 20191,05619556.803.06$60,578
Feb 20199,2337,89650.852.79$491,545
Jan 20199,3636,79746.033.23$452,921
Dec 20189,6673,88746.594.19$466,654
Nov 20188,8489,52752.934.24$508,693
Oct 201812,98518,76761.443.40$861,570
Sep 20189,31811,73559.543.11$591,266
Aug 201811,92923,74659.403.07$781,401
Jul 20187,7028,86865.142.93$527,708
Jun 201811,2619,83060.183.08$707,933
May 201814,05714,71565.382.90$961,732
Apr 201816,17120,46763.842.90$1,091,727
Mar 20187,51615,77661.222.79$504,095
Feb 201813,34512,01861.782.77$857,697
Jan 201820,59115,41962.874.01$1,356,376
Dec 201717,42910,40957.272.92$1,028,569
Nov 201725,64019,19455.423.12$1,480,823
Oct 20179,8258,19249.292.98$508,717
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
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

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                3,713 bbl  × $106.41 =   $395,100
Casinghead gas    19,223 Mcf  × $  3.05 =    $58,550

────────────────────────────────────────────────────
Month total                                 $453,651

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/48952 is the state's own key, not one this site invented.