PRESTON 36H

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 48991District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.1 M
Jun 2017 – May 2026
Value, last 12 filed months
$380 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
OilDisposition207,957 bbl$11,851,254
Casinghead gasProduction1,000,116 Mcf$3,218,560
Total$15,069,814

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 31.6908, -101.8531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69079, -101.85310 · 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

42-329402608H8,966 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 2026116106.413.05$155
Apr 20260098.932.87$0
Mar 202678989.753.15$909
Feb 202608963.503.75$334
Jan 20262626759.138.00$3,673
Dec 20253872,29456.664.41$32,052
Nov 20257526,43658.593.93$69,330
Oct 20256376,69459.383.30$59,948
Sep 20255676,41262.743.08$55,303
Aug 20254174,06063.933.01$38,899
Jul 20257544,35166.743.32$64,746
Jun 20255695,22066.483.13$54,159
May 20259716,71160.553.23$80,486
Apr 20251,0625,91662.363.54$87,187
Mar 20253492,02567.704.27$32,271
Feb 202523666370.884.34$19,606
Jan 20253482,52374.324.28$36,658
Dec 20247377,68368.993.12$74,827
Nov 20241,02610,92669.052.20$94,865
Oct 20241,1009,60171.372.28$100,411
Sep 20248086,37169.612.36$71,308
Aug 20241,1028,42875.632.06$100,737
Jul 20249397,51179.932.15$91,177
Jun 20241,4248,87378.082.63$134,557
May 20241,1058,29278.812.20$105,315
Apr 20241,7308,70284.451.66$160,537
Mar 20241,6796,14080.301.55$144,311
Feb 20248402,23276.091.78$67,897
Jan 20242423173.023.30$2,514
Dec 20233927371.262.61$3,492
Nov 20235222077.892.81$4,668
Oct 20233163,50485.443.09$37,817
Sep 20234484,62289.042.74$52,531
Aug 20236204,73280.522.67$62,570
Jul 20235874,67174.852.64$56,277
Jun 20234293,91868.962.26$38,433
May 20233673,97670.622.23$34,774
Apr 20236954,54478.122.24$64,462
Mar 20234162,37972.852.39$35,999
Feb 20233542,97475.112.47$33,922
Jan 20234284,72576.533.39$48,762
Dec 20225015,62976.415.73$70,530
Nov 20221,0416,37085.005.65$124,451
Oct 20227176,11187.185.86$98,342
Sep 20221,1926,32184.888.16$152,780
Aug 20223305,59694.529.13$82,267
Jul 20221055,298101.587.54$50,624
Jun 20222414,971115.097.98$67,391
May 20222985,143109.378.43$75,963
Apr 20222975,201104.226.84$66,516
Mar 20224187,070108.885.08$81,402
Feb 20224295,62991.054.86$66,411
Jan 20224466,15681.844.54$64,435
Dec 20214246,46371.323.90$55,440
Nov 20214475,99877.435.24$66,022
Oct 20215275,57779.795.71$73,916
Sep 20215205,12169.865.35$63,729
Aug 20217506,68866.024.22$77,742
Jul 20218045,71670.783.98$79,669
Jun 20217914,76169.493.38$71,062
May 20216864,83163.483.02$58,126
Apr 20214464,61660.362.76$39,653
Mar 20216864,82261.302.72$55,153
Feb 20213984,73757.805.55$49,285
Jan 20219038,46250.412.81$69,301
Dec 20208056,86844.642.68$54,310
Nov 20206165,25938.772.71$38,116
Oct 20206656,14836.972.48$39,822
Sep 20206165,66337.091.99$34,123
Aug 20206756,08739.982.39$41,505
Jul 20207726,57738.371.83$41,625
Jun 20206737,16834.901.69$35,604
May 20207987,24716.921.81$26,654
Apr 20207647,05114.751.80$23,992
Mar 20207737,02330.341.86$36,489
Feb 20208455,68449.881.98$53,407
Jan 20202,0118,31457.252.09$132,545
Dec 20192,1839,29459.012.30$150,236
Nov 20191,11812,84055.302.75$97,144
Oct 20191,31914,23953.472.42$104,965
Sep 20191,31713,11255.052.66$107,343
Aug 20191,35412,61153.112.30$100,971
Jul 20191,33313,42056.272.46$108,022
Jun 20191,51614,45052.782.49$116,012
May 20191,61016,12558.482.74$138,340
Apr 20191,84116,71362.632.75$161,274
Mar 20192,56419,10756.803.06$204,143
Feb 20192,59717,22450.852.79$180,151
Jan 20192,45218,50046.033.23$172,587
Dec 20182,86019,36946.594.19$214,315
Nov 20182,97421,69152.934.24$249,324
Oct 20183,63524,66761.443.40$307,155
Sep 20183,73422,93359.543.11$293,598
Aug 20184,38624,44659.403.07$335,494
Jul 20185,43625,48665.142.93$428,823
Jun 20184,75518,50260.183.08$343,085
May 20184,35416,65065.382.90$332,963
Apr 20185,79324,03863.842.90$439,555
Mar 20187,39128,33661.222.79$531,445
Feb 20187,67526,62761.782.77$547,815
Jan 20188,75626,35762.874.01$656,163
Dec 20179,03026,81657.272.92$595,492
Nov 20179,67626,15955.423.12$617,817
Oct 201710,46724,48049.292.98$588,959
Sep 201711,04419,99247.523.09$586,532
Aug 201712,64618,69645.373.00$629,919
Jul 201714,78919,38243.873.09$708,631
Jun 20179,59412,18442.493.09$445,264

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 bbl  × $106.41 =       $106
Casinghead gas        16 Mcf  × $  3.05 =        $49

────────────────────────────────────────────────────
Month total                                     $155

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/48991 is the state's own key, not one this site invented.