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SALE RANCH 15G

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 49116District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$44.1 M
Feb 2017 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
112
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
OilDisposition644,580 bbl$38,397,029
Casinghead gasProduction1,755,161 Mcf$5,699,878
Total$44,096,907

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 32.2414, -101.9511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24136, -101.95108 · 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
9,250 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 9,250 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-317405557H9,250 ftOct 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 (112)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

112 months

May 20261,50211,093106.413.05$193,615
Apr 20261,70511,64398.932.87$202,088
Mar 20261,60711,07689.753.15$179,111
Feb 20261,1798,93463.503.75$108,372
Jan 20261,1659,54159.138.00$145,195
Dec 20251,56511,48856.664.41$139,374
Nov 20251,62311,80158.593.93$141,427
Oct 20252,01211,85559.383.30$158,651
Sep 20251,69510,59562.743.08$138,944
Aug 20251,90511,70063.933.01$157,059
Jul 20251,52310,64966.743.32$136,949
Jun 20251,4038,18566.483.13$118,880
May 20252,22311,73660.553.23$172,537
Apr 20251,3967,83162.363.54$114,801
Mar 20258765,51867.704.27$82,858
Feb 20256143,22070.884.34$57,498
Jan 20251,59110,80474.324.28$164,470
Dec 20241,73612,86968.993.12$159,936
Nov 20241,80111,87369.052.20$150,461
Oct 20241,88613,20471.372.28$164,727
Sep 20241,59612,86969.612.36$141,525
Aug 20241,65925,44175.632.06$177,971
Jul 202492316,66879.932.15$109,555
Jun 202477620,83378.082.63$115,464
May 20241,91521,59778.812.20$198,401
Apr 20241,82818,11384.451.66$184,428
Mar 20241,73714,95380.301.55$162,585
Feb 20241,79214,71676.091.78$162,601
Jan 20242,42818,82973.023.30$239,384
Dec 20232,57217,97771.262.61$230,214
Nov 20233,06718,05977.892.81$289,590
Oct 20232,74115,13685.443.09$280,920
Sep 20232,35313,51589.042.74$246,475
Aug 20233,43517,07180.522.67$322,215
Jul 20234,20616,51074.852.64$358,435
Jun 20233,24012,56068.962.26$251,797
May 20232,27810,29870.622.23$183,810
Apr 20232,16710,08378.122.24$191,849
Mar 20232,06910,83272.852.39$176,649
Feb 20231,7907,69175.112.47$153,410
Jan 20232,1888,03576.533.39$194,668
Dec 20221,7379,73576.415.73$188,497
Nov 20222,15310,24385.005.65$240,839
Oct 20222,33311,78787.185.86$272,507
Sep 20221,69211,74784.888.16$239,516
Aug 20222,29512,43494.529.13$330,411
Jul 20222,04114,044101.587.54$313,246
Jun 20222,71514,079115.097.98$424,780
May 20223,59915,980109.378.43$528,383
Apr 20223,52515,446104.226.84$472,989
Mar 20223,69416,482108.885.08$485,872
Feb 20222,67913,55691.054.86$309,789
Jan 20223,13814,58481.844.54$322,991
Dec 20212,89714,22271.323.90$262,067
Nov 20212,97013,90077.435.24$302,759
Oct 20213,11114,49579.795.71$331,049
Sep 20213,47014,27669.865.35$318,804
Aug 20212,88714,22366.024.22$250,629
Jul 20213,79316,34170.783.98$333,540
Jun 20213,74716,90069.493.38$317,512
May 20214,07818,01463.483.02$313,232
Apr 20213,99417,21460.362.76$288,561
Mar 20214,23617,91261.302.72$308,333
Feb 20212,65311,96257.805.55$219,708
Jan 20214,35819,04850.412.81$273,217
Dec 20204,45119,96444.642.68$252,106
Nov 20204,43619,99038.772.71$226,088
Oct 20205,03622,88136.972.48$242,890
Sep 20205,14722,73637.091.99$236,171
Aug 20205,40224,98339.982.39$275,559
Jul 20205,81425,53038.371.83$269,678
Jun 20205,67424,17134.901.69$238,879
May 20206,22824,75316.921.81$150,298
Apr 20207,04825,46714.751.80$149,910
Mar 20207,54224,62530.341.86$274,534
Feb 20206,09521,09149.881.98$345,793
Jan 20205,90924,85657.252.09$390,357
Dec 20196,74027,94059.012.30$462,111
Nov 20197,90125,69355.302.75$507,599
Oct 20198,54022,47153.472.42$510,981
Sep 201913,71128,85455.052.66$831,464
Aug 201915,73622,36153.112.30$887,267
Jul 201912,32019,57756.272.46$741,407
Jun 20199,46517,84052.782.49$544,006
May 201910,03420,48758.482.74$642,929
Apr 201912,03626,60662.632.75$827,000
Mar 201915,03334,61556.803.06$959,869
Feb 201916,42833,51450.852.79$928,942
Jan 201919,30831,11846.033.23$989,202
Dec 201817,69429,23946.594.19$946,742
Nov 201819,12432,43752.934.24$1,149,677
Oct 201818,90125,55961.443.40$1,248,129
Sep 201813,98022,37459.543.11$901,908
Aug 201819,21529,23559.403.07$1,231,022
Jul 201818,70115,41665.142.93$1,263,381
Jun 201818,99513,98460.183.08$1,186,147
May 20183,8203,27465.382.90$259,249
Apr 201811,94811,80163.842.90$796,993
Mar 201814,29115,00861.222.79$916,720
Feb 201826,15024,69661.782.77$1,683,859
Jan 201832,81322,70362.874.01$2,153,977
Dec 201723,28013,54457.272.92$1,372,815
Nov 201737,53627,32055.423.12$2,165,439
Oct 201753642349.292.98$27,682
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0

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                1,502 bbl  × $106.41 =   $159,828
Casinghead gas    11,093 Mcf  × $  3.05 =    $33,788

────────────────────────────────────────────────────
Month total                                 $193,615

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/49116 is the state's own key, not one this site invented.