PRESTON 36G

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 49029District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.1 M
Jun 2017 – May 2026
Value, last 12 filed months
$164 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
OilDisposition185,740 bbl$10,301,843
Casinghead gasProduction573,868 Mcf$1,764,748
Total$12,066,591

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 31.6903, -101.8553. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69029, -101.85529 · 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
8,977 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 8,977 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-329402597H8,977 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 2026012106.413.05$37
Apr 20260098.932.87$0
Mar 2026127789.753.15$1,320
Feb 20264722663.503.75$3,832
Jan 2026112159.138.00$818
Dec 20251261,95456.664.41$15,763
Nov 20254191,92158.593.93$32,092
Oct 20253271,90459.383.30$25,710
Sep 20252921,74562.743.08$23,689
Aug 20252111,17263.933.01$17,023
Jul 202528683066.743.32$21,839
Jun 20252671,23866.483.13$21,624
May 20254511,54760.553.23$32,308
Apr 20254741,22062.363.54$33,881
Mar 202518330367.704.27$13,682
Feb 20256710670.884.34$5,209
Jan 20257597474.324.28$9,741
Dec 20242074,96668.993.12$29,782
Nov 20246915069.052.20$5,094
Oct 20241281,65471.372.28$12,909
Sep 20242923,19969.612.36$27,890
Aug 20245881,08275.632.06$46,703
Jul 20245791,06979.932.15$48,574
Jun 20241,0436,89778.082.63$99,604
May 20241,09110,09378.812.20$108,171
Apr 20241,0234,16584.451.66$93,303
Mar 20241,0561,35880.301.55$86,895
Feb 202460538376.091.78$46,718
Jan 202431642273.023.30$24,466
Dec 202317437671.262.61$13,381
Nov 20231261,67577.892.81$14,517
Oct 20232871,86485.443.09$30,276
Sep 20234232,42689.042.74$44,299
Aug 20235682,58780.522.67$52,650
Jul 20234553,53474.852.64$43,393
Jun 20233741,30968.962.26$28,747
May 20234812,20070.622.23$38,869
Apr 20236542,24578.122.24$56,114
Mar 20234861,68272.852.39$39,430
Feb 20232602,43575.112.47$25,533
Jan 20233573,25476.533.39$38,345
Dec 20224612,50476.415.73$49,571
Nov 20225261,78385.005.65$54,777
Oct 20228092,11187.185.86$82,907
Sep 20222671,43984.888.16$34,411
Aug 20224121,48894.529.13$52,523
Jul 2022161567101.587.54$20,631
Jun 202253408115.097.98$9,354
May 202216122109.378.43$2,779
Apr 202271493104.226.84$10,771
Mar 20222652,203108.885.08$40,037
Feb 20225063,79691.054.86$64,515
Jan 20224583,42181.844.54$53,006
Dec 20214533,53371.323.90$46,084
Nov 20215133,45377.435.24$57,804
Oct 20215993,61779.795.71$68,461
Sep 20215583,55169.865.35$57,983
Aug 20219264,59266.024.22$80,515
Jul 20219693,89370.783.98$84,088
Jun 20219502,90469.493.38$75,833
May 20211,1319,00363.483.02$98,964
Apr 20211,35016,64660.362.76$127,403
Mar 20218452,21461.302.72$57,814
Feb 20213972,51257.805.55$36,883
Jan 20219693,61550.412.81$59,006
Dec 20208012,81044.642.68$43,275
Nov 20205201,74738.772.71$24,889
Oct 20205222,54636.972.48$25,608
Sep 20205153,05037.091.99$25,174
Aug 20207664,20139.982.39$40,644
Jul 20209544,90538.371.83$45,557
Jun 20208965,51134.901.69$40,586
May 20201,0215,43216.921.81$27,133
Apr 20209045,51614.751.80$23,287
Mar 20201,1536,42530.341.86$46,908
Feb 20209744,24149.881.98$56,983
Jan 20201,2016,58657.252.09$82,553
Dec 20191,3867,56059.012.30$99,209
Nov 20191,5689,12955.302.75$111,822
Oct 20191,7589,42153.472.42$116,785
Sep 20191,9029,48855.052.66$129,917
Aug 20191,9238,34853.112.30$121,367
Jul 20191,7918,09656.272.46$120,696
Jun 20192,0119,21452.782.49$129,095
May 20192,0108,70458.482.74$141,397
Apr 20192,4279,24262.632.75$177,425
Mar 20192,82810,51556.803.06$192,828
Feb 20192,86410,27450.852.79$174,322
Jan 20193,31311,73646.033.23$190,383
Dec 20183,02311,17446.594.19$187,610
Nov 20184,02014,40452.934.24$273,812
Oct 20184,89615,67961.443.40$354,089
Sep 20185,37714,47359.543.11$365,129
Aug 20184,7369,86159.403.07$311,558
Jul 20183,0505,33565.142.93$214,319
Jun 20181,1632,43560.183.08$77,482
May 201822962565.382.90$16,785
Apr 20182,0867,00963.842.90$153,502
Mar 20186,70920,97161.222.79$469,168
Feb 20186,73119,18361.782.77$468,904
Jan 20187,75819,37762.874.01$565,434
Dec 20177,83117,61057.272.92$499,929
Nov 20178,92119,01455.423.12$553,694
Oct 201710,19818,95549.292.98$559,215
Sep 201710,77715,67647.523.09$560,519
Aug 201711,09513,65345.373.00$544,399
Jul 201713,30716,38843.873.09$634,372
Jun 20179,27011,20642.493.09$428,478

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                    0 bbl  × $106.41 =         $0
Casinghead gas        12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/49029 is the state's own key, not one this site invented.