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SALE RANCH 23I

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 49098District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$42.9 M
Jun 2017 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
108
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
OilDisposition619,406 bbl$35,607,970
Casinghead gasProduction2,274,029 Mcf$7,301,007
Total$42,908,977

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 32.1891, -101.9199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18908, -101.91987 · 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
9,185 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 9,185 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-317405509H9,185 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 202695318,716106.413.05$158,415
Apr 202697318,07198.932.87$148,118
Mar 20261,01117,30289.753.15$145,229
Feb 202694916,93063.503.75$123,754
Jan 20261,04619,00159.138.00$213,818
Dec 20251,20317,06956.664.41$143,494
Nov 20251,15915,63758.593.93$129,304
Oct 20251,26117,74859.383.30$133,532
Sep 20251,17314,96862.743.08$119,649
Aug 202594112,46463.933.01$97,734
Jul 202598814,52466.743.32$114,089
Jun 202566910,96066.483.13$78,766
May 202574611,07960.553.23$80,981
Apr 202566411,34462.363.54$81,600
Mar 20251,22816,87667.704.27$155,168
Feb 202596717,26270.884.34$143,473
Jan 20251,06817,27174.324.28$153,271
Dec 20246299,98268.993.12$74,552
Nov 20241,08716,35869.052.20$111,019
Oct 20241,03817,72871.372.28$114,527
Sep 202474714,27269.612.36$85,743
Aug 202473811,74175.632.06$80,044
Jul 20241,29519,75279.932.15$145,909
Jun 20241,21619,08178.082.63$145,204
May 20241,44622,59678.812.20$163,635
Apr 20248527,83084.451.66$84,943
Mar 20241,64920,26380.301.55$163,724
Feb 20241,80019,96276.091.78$172,567
Jan 20241,70513,53673.023.30$169,136
Dec 20231,92614,49271.262.61$175,081
Nov 20231,30211,18177.892.81$132,804
Oct 20231,71015,27685.443.09$193,264
Sep 20231,63014,33389.042.74$184,337
Aug 20231,22214,10480.522.67$136,094
Jul 202390412,53274.852.64$100,771
Jun 20231,34121,66868.962.26$141,412
May 20231,50820,28870.622.23$151,684
Apr 20231,92519,96678.122.24$195,060
Mar 20232,02719,57472.852.39$194,511
Feb 20232,12218,14875.112.47$204,131
Jan 20232,66917,48676.533.39$263,496
Dec 20222,56814,71876.415.73$280,541
Nov 20221,99214,05485.005.65$248,672
Oct 20221,85213,97087.185.86$243,374
Sep 20221,83613,62084.888.16$267,029
Aug 20221,83014,96594.529.13$309,560
Jul 20221,82015,355101.587.54$300,684
Jun 20221,93215,747115.097.98$347,971
May 20222,15416,130109.378.43$371,608
Apr 20222,13713,381104.226.84$314,212
Mar 20222,40816,408108.885.08$345,477
Feb 20222,35212,49391.054.86$274,851
Jan 20222,39613,38281.844.54$256,812
Dec 20212,30615,34371.323.90$224,288
Nov 20211,52512,54877.435.24$183,793
Oct 20211,67515,21679.795.71$220,591
Sep 20211,90715,30769.865.35$215,130
Aug 20211,1759,80966.024.22$118,973
Jul 20212,74715,12070.783.98$254,642
Jun 20212,22515,76769.493.38$207,917
May 20213,08717,52163.483.02$248,835
Apr 20213,48521,47660.362.76$269,594
Mar 20212,64721,62861.302.72$221,023
Feb 20213,37817,35657.805.55$291,539
Jan 20216,20923,82450.412.81$379,948
Dec 20203,14924,50344.642.68$206,128
Nov 20202,88525,75138.772.71$181,548
Oct 20203,85426,14436.972.48$207,278
Sep 20203,44124,92937.091.99$177,261
Aug 20203,26226,81439.982.39$194,369
Jul 20203,40727,92138.371.83$181,686
Jun 20203,72828,94934.901.69$179,040
May 20204,02928,64016.921.81$120,145
Apr 20204,14023,47014.751.80$103,414
Mar 20205,13135,58030.341.86$221,719
Feb 20204,36733,66549.881.98$284,505
Jan 20205,17443,60457.252.09$387,551
Dec 20196,47345,70359.012.30$487,288
Nov 20197,80035,81355.302.75$529,851
Oct 20196,90127,42753.472.42$435,330
Sep 20197,11325,93155.052.66$460,477
Aug 20197,04323,63453.112.30$428,515
Jul 20198,15826,97156.272.46$525,401
Jun 20198,84026,01952.782.49$531,394
May 20198,50733,59058.482.74$589,537
Apr 20198,52829,02562.632.75$613,948
Mar 20199,27729,30056.803.06$616,653
Feb 20199,44132,00250.852.79$569,431
Jan 201911,77333,19946.033.23$649,084
Dec 201810,36126,33546.594.19$592,943
Nov 201811,55523,55852.934.24$711,427
Oct 20182,8904,12561.443.40$191,579
Sep 201811,56724,92359.543.11$766,160
Aug 201813,32232,78759.403.07$891,870
Jul 201815,84232,95065.142.93$1,128,553
Jun 201815,25227,93660.183.08$1,003,822
May 201819,49632,59465.382.90$1,369,197
Apr 201820,73933,26463.842.90$1,420,470
Mar 201817,45429,10961.222.79$1,149,656
Feb 201820,91530,50961.782.77$1,376,520
Jan 201823,76834,48962.874.01$1,632,572
Dec 201725,78333,44757.272.92$1,574,308
Nov 201730,67036,52755.423.12$1,813,636
Oct 201740,16343,22749.292.98$2,108,610
Sep 201737,90035,13847.523.09$1,909,489
Aug 201725,53322,27545.373.00$1,225,355
Jul 201720,41217,56543.873.09$949,703
Jun 201723317842.493.09$10,450

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                  953 bbl  × $106.41 =   $101,409
Casinghead gas    18,716 Mcf  × $  3.05 =    $57,006

────────────────────────────────────────────────────
Month total                                 $158,415

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/49098 is the state's own key, not one this site invented.