PRESTON 36K

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 49002District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.5 M
Jun 2017 – May 2026
Value, last 12 filed months
$214 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
OilDisposition231,159 bbl$13,582,405
Casinghead gasProduction979,181 Mcf$2,951,109
Total$16,533,513

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 31.6924, -101.8460. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69242, -101.84602 · 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
8,934 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 8,934 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-3294037511H8,934 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 2026669106.413.05$849
Apr 20261098.932.87$99
Mar 20262318989.753.15$2,659
Feb 20269979063.503.75$9,249
Jan 20263143,12359.138.00$43,544
Dec 20253954,01356.664.41$40,092
Nov 20252013,07758.593.93$23,858
Oct 20251152,02859.383.30$13,531
Sep 20251181,28362.743.08$11,351
Aug 20251971,81363.933.01$18,060
Jul 20253402,01266.743.32$29,362
Jun 20252281,95266.483.13$21,265
May 20255412,93760.553.23$42,251
Apr 20255882,71962.363.54$46,301
Mar 20254921,99067.704.27$41,802
Feb 20253571,65370.884.34$32,480
Jan 20252762,01874.324.28$29,147
Dec 20243612,51668.993.12$32,759
Nov 20244422,56269.052.20$36,153
Oct 20246182,69571.372.28$50,255
Sep 20242551,47369.612.36$21,233
Aug 20242221,66575.632.06$20,226
Jul 20242691,56179.932.15$24,852
Jun 20243251,50478.082.63$29,338
May 20242801,26578.812.20$24,848
Apr 20245251,60184.451.66$46,993
Mar 20244832,95480.301.55$43,349
Feb 20245763,10876.091.78$49,371
Jan 20242074,17673.023.30$28,886
Dec 20233465,34971.262.61$38,621
Nov 20233584,31277.892.81$39,991
Oct 20234713,71685.443.09$51,715
Sep 20237082,71389.042.74$70,460
Aug 20239022,42380.522.67$79,105
Jul 20238022,67974.852.64$67,107
Jun 20237842,60868.962.26$59,955
May 20236514,33470.622.23$55,627
Apr 20231,1144,29478.122.24$96,635
Mar 20231,2214,18272.852.39$98,958
Feb 20238404,13175.112.47$73,278
Jan 20231,0113,99176.533.39$90,892
Dec 20227992,62576.415.73$76,090
Nov 20227083,61585.005.65$80,591
Oct 20227533,45287.185.86$85,888
Sep 20228112,14884.888.16$86,373
Aug 20228461,89094.529.13$97,214
Jul 20222,2583,731101.587.54$257,507
Jun 20222,3423,300115.097.98$295,866
May 20222,3812,782109.378.43$283,871
Apr 20221,7591,941104.226.84$196,595
Mar 20221,3401,457108.885.08$153,296
Feb 20221,1241,37391.054.86$109,011
Jan 20221,7541,29981.844.54$149,442
Dec 20211,71192971.323.90$125,651
Nov 20211,44958377.435.24$115,249
Oct 20218271,06779.795.71$72,083
Sep 20213171,14969.865.35$28,294
Aug 20217806,47566.024.22$78,824
Jul 20211,2339,12170.783.98$123,592
Jun 20211,1968,21069.493.38$110,865
May 20211,1748,83163.483.02$101,175
Apr 20211,2037,99460.362.76$94,664
Mar 20211,4979,61061.302.72$117,876
Feb 20218687,76357.805.55$93,239
Jan 20211,31210,58650.412.81$95,887
Dec 20201,33411,04944.642.68$89,111
Nov 20201,08010,09338.772.71$69,189
Oct 20201,21511,91936.972.48$74,459
Sep 202067510,40237.091.99$45,747
Aug 20201,13312,85839.982.39$75,965
Jul 20201,31914,51738.371.83$77,105
Jun 20201,21015,87234.901.69$69,058
May 20201,54216,49316.921.81$56,021
Apr 20201,77315,81914.751.80$54,695
Mar 20201,70114,68030.341.86$78,858
Feb 20201,45712,44249.881.98$97,319
Jan 20201,49915,11857.252.09$117,486
Dec 20191,84016,94059.012.30$147,614
Nov 20191,81717,19055.302.75$147,765
Oct 20191,99918,50053.472.42$151,630
Sep 20192,08218,58955.052.66$164,010
Aug 20192,14217,55053.112.30$154,203
Jul 20191,90315,87356.272.46$146,130
Jun 20192,18817,60752.782.49$159,345
May 20192,38417,34458.482.74$186,944
Apr 20192,13615,23762.632.75$175,690
Mar 20192,35316,17756.803.06$183,186
Feb 20192,49416,26150.852.79$172,224
Jan 20192,91319,10946.033.23$195,773
Dec 20183,34321,56746.594.19$246,018
Nov 20183,54122,22652.934.24$281,602
Oct 20183,95423,86461.443.40$324,026
Sep 20184,00822,44959.543.11$308,408
Aug 20184,34022,65059.403.07$327,254
Jul 20185,54623,70465.142.93$430,764
Jun 20186,04324,37260.183.08$438,658
May 20186,77725,15365.382.90$516,044
Apr 20187,19023,77363.842.90$527,970
Mar 20188,31826,07461.222.79$581,892
Feb 20188,18623,43761.782.77$570,561
Jan 20188,55923,04562.874.01$630,499
Dec 20177,88021,06357.272.92$512,824
Nov 20179,63222,84055.423.12$605,029
Oct 20179,81620,44749.292.98$544,838
Sep 201710,87217,75047.523.09$571,437
Aug 201712,21716,57545.373.00$604,083
Jul 201713,50617,09143.873.09$645,273
Jun 20176,7388,05342.493.09$311,159

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                    6 bbl  × $106.41 =       $638
Casinghead gas        69 Mcf  × $  3.05 =       $210

────────────────────────────────────────────────────
Month total                                     $849

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/49002 is the state's own key, not one this site invented.