PRESTON 36J

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 48990District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.0 M
Jun 2017 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
108
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 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
OilDisposition207,168 bbl$12,273,226
Casinghead gasProduction856,569 Mcf$2,742,452
Total$15,015,678

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 31.6919, -101.8483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69188, -101.84834 · 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
8,966 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 8,966 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-3294037410H8,966 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20264063.503.75$254
Jan 2026218759.138.00$1,938
Dec 2025258856.664.41$1,805
Nov 2025122358.593.93$793
Oct 20251815159.383.30$1,568
Sep 20255348662.743.08$4,821
Aug 20254234663.933.01$3,728
Jul 20252651,94466.743.32$24,131
Jun 20254256,71966.483.13$49,276
May 20257778,51560.553.23$74,571
Apr 20258037,89562.363.54$78,048
Mar 20255874,04467.704.27$57,001
Feb 20255805,23070.884.34$63,813
Jan 20254527,66274.324.28$66,376
Dec 20246397,62668.993.12$67,888
Nov 202479312,64269.052.20$82,549
Oct 20248146,73171.372.28$73,451
Sep 202424910,31569.612.36$41,721
Aug 20244099,28875.632.06$50,100
Jul 20245539,50279.932.15$64,598
Jun 20249388,13078.082.63$94,653
May 20247485,81378.812.20$71,729
Apr 20241,0365,68484.451.66$96,921
Mar 20249684,56280.301.55$84,779
Feb 20243651,87876.091.78$31,123
Jan 202413014673.023.30$9,974
Dec 202320630271.262.61$15,468
Nov 20238730277.892.81$7,624
Oct 20234332,60285.443.09$45,029
Sep 20236073,02589.042.74$62,321
Aug 20237063,21180.522.67$65,430
Jul 20235862,85974.852.64$51,415
Jun 20235913,69768.962.26$49,105
May 20234553,93170.622.23$40,888
Apr 20237296,68878.122.24$71,916
Mar 20235214,01472.852.39$47,561
Feb 20238587,74975.112.47$83,551
Jan 20238467,64076.533.39$90,627
Dec 20226204,69076.415.73$74,244
Nov 20226614,37685.005.65$80,893
Oct 20227083,98087.185.86$85,061
Sep 20226204,72384.888.16$91,183
Aug 20226633,91594.529.13$98,400
Jul 20221,6494,951101.587.54$204,846
Jun 20222,1745,689115.097.98$295,588
May 20222,1925,548109.378.43$286,526
Apr 20221,7415,491104.226.84$218,992
Mar 20221,1044,679108.885.08$143,956
Feb 20221,2084,50291.054.86$131,863
Jan 20221,4994,75581.844.54$144,255
Dec 20211,9605,26471.323.90$160,312
Nov 20211,6075,89777.435.24$155,312
Oct 20211,3467,32979.795.71$149,274
Sep 20219037,71269.865.35$104,350
Aug 20218538,31566.024.22$91,409
Jul 20217317,48070.783.98$81,526
Jun 20217556,96069.493.38$75,994
May 20217436,86663.483.02$67,885
Apr 20211,2098,99160.362.76$97,776
Mar 20213356,05661.302.72$36,989
Feb 20211,3284,98557.805.55$104,415
Jan 20211,8399,08350.412.81$118,230
Dec 20203,1878,77544.642.68$165,745
Nov 20202,1146,61138.772.71$99,853
Oct 20201,8967,05136.972.48$87,571
Sep 20201,0506,30437.091.99$51,496
Aug 20206637,69939.982.39$44,870
Jul 20203848,81138.371.83$30,815
Jun 20203809,34434.901.69$29,056
May 202056010,04916.921.81$27,712
Apr 202072310,38414.751.80$29,401
Mar 202091010,61230.341.86$47,308
Feb 20206527,90349.881.98$48,175
Jan 20204999,48257.252.09$48,430
Dec 20193813,84259.012.30$31,336
Nov 20191,7686,19055.302.75$114,797
Oct 20191,7857,85753.472.42$114,446
Sep 20191,0949,13455.052.66$84,496
Aug 20191,3718,45853.112.30$92,304
Jul 20192,25811,01956.272.46$154,165
Jun 20193,09010,34252.782.49$188,854
May 20193,15610,23058.482.74$212,596
Apr 20192,18712,36662.632.75$170,987
Mar 20192,06915,37656.803.06$164,602
Feb 20191,95613,06550.852.79$135,943
Jan 20192,33214,73946.033.23$154,922
Dec 20182,70115,74246.594.19$191,727
Nov 20184,08915,96052.934.24$284,057
Oct 20183,67516,78761.443.40$282,836
Sep 20183,88316,68059.543.11$283,035
Aug 20184,42817,60259.403.07$317,001
Jul 20184,96617,88765.142.93$375,928
Jun 20185,15516,95860.183.08$362,406
May 20185,96319,85365.382.90$447,451
Apr 20186,24619,89863.842.90$456,465
Mar 20186,89921,45661.222.79$482,151
Feb 20185,95115,53661.782.77$410,627
Jan 20186,69114,71062.874.01$479,640
Dec 20177,24218,86257.272.92$469,855
Nov 20177,89418,15955.423.12$494,112
Oct 20178,48015,44349.292.98$464,056
Sep 20179,90516,34347.523.09$521,141
Aug 201711,66616,13445.373.00$577,759
Jul 201712,76016,45443.873.09$610,579
Jun 20175,3306,69842.493.09$247,150

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.

Feb 2026 — as filed, then multipliedworked
Oil                    4 bbl  × $ 63.50 =       $254
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                     $254

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/48990 is the state's own key, not one this site invented.