PRESTON S31I

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 49124District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$25.7 M
May 2017 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
109
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
OilDisposition302,213 bbl$18,205,086
Casinghead gasProduction2,261,545 Mcf$7,472,361
Total$25,677,447

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 31.7386, -101.8395. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73857, -101.83952 · 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
9,378 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 9,378 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-32941560109H9,378 ftMay 2018

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 (109)

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

109 months

May 202639124,317106.413.05$115,672
Apr 20261927,46098.932.87$40,403
Mar 202647626,88489.753.15$127,391
Feb 202640425,47763.503.75$121,201
Jan 202639721,92759.138.00$198,845
Dec 202547823,27956.664.41$129,822
Nov 202519215,75158.593.93$73,095
Oct 202561329,49059.383.30$133,860
Sep 202558729,08662.743.08$126,324
Aug 202558228,53263.933.01$123,224
Jul 202555320,08066.743.32$103,476
Jun 202562419,48466.483.13$102,444
May 202560023,13760.553.23$111,116
Apr 202559721,91662.363.54$114,880
Mar 202554819,57267.704.27$120,639
Feb 202560415,17970.884.34$108,701
Jan 202558816,39574.324.28$113,849
Dec 20241344,45868.993.12$23,160
Nov 20242713,84269.052.20$27,159
Oct 20241013,24171.372.28$14,602
Sep 20241473,20069.612.36$17,799
Aug 20241342,90875.632.06$16,135
Jul 20241453,01379.932.15$18,058
Jun 20241474,32578.082.63$22,870
May 20241133,62778.812.20$16,879
Apr 20241424,21384.451.66$18,982
Mar 20242716,57480.301.55$31,919
Feb 202456313,93676.091.78$67,695
Jan 202464111,84873.023.30$85,877
Dec 202374418,93171.262.61$102,441
Nov 202392923,89577.892.81$139,446
Oct 20231,12224,54085.443.09$171,626
Sep 202392821,12689.042.74$140,410
Aug 20231,14423,48580.522.67$154,887
Jul 20231,40822,68174.852.64$165,307
Jun 202399722,25868.962.26$119,022
May 20231,11925,93470.622.23$136,789
Apr 20231,18227,97478.122.24$154,937
Mar 20231,19731,44672.852.39$162,457
Feb 20231,27328,45475.112.47$165,773
Jan 20231,49028,44876.533.39$210,404
Dec 20221,42831,06176.415.73$287,064
Nov 20221,41032,01785.005.65$300,624
Oct 20221,67332,77487.185.86$338,031
Sep 20221,63230,34584.888.16$386,251
Aug 20221,80729,34094.529.13$438,589
Jul 20221,81923,234101.587.54$360,007
Jun 20221,76214,992115.097.98$322,383
May 20222,07714,821109.378.43$352,148
Apr 20222,04410,852104.226.84$287,227
Mar 20222,2379,465108.885.08$291,613
Feb 20222,0616,29991.054.86$218,260
Jan 20222,5834,46881.844.54$231,667
Dec 20211,8271,49971.323.90$136,146
Nov 20211,81427377.435.24$141,888
Oct 20211,7951,14679.795.71$149,771
Sep 20211,6642,48569.865.35$129,544
Aug 20215761,27266.024.22$43,396
Jul 20217874,59970.783.98$74,017
Jun 20211,9534,30369.493.38$150,261
May 20212215963.483.02$1,876
Apr 20211,40117,78060.362.76$133,609
Mar 202128061.302.72$1,716
Feb 20211,18016,33657.805.55$158,835
Jan 20212,41828,53950.412.81$202,094
Dec 20202,55428,97144.642.68$191,521
Nov 20202,34528,95038.772.71$169,271
Oct 20202,74235,47236.972.48$189,287
Sep 20202,65532,59137.091.99$163,364
Aug 20202,69733,49539.982.39$187,715
Jul 20202,97035,71238.371.83$179,138
Jun 20203,00835,27534.901.69$164,605
May 20203,38638,33116.921.81$126,852
Apr 20202,92034,73214.751.80$105,740
Mar 20203,24837,03230.341.86$167,284
Feb 20203,21235,82449.881.98$231,170
Jan 20203,79538,44757.252.09$297,800
Dec 20193,89640,36359.012.30$322,914
Nov 20194,00843,72355.302.75$341,911
Oct 20194,46041,83453.472.42$339,653
Sep 20194,60941,64255.052.66$364,380
Aug 20195,03145,69953.112.30$372,503
Jul 20195,24145,19156.272.46$406,084
Jun 20195,64942,97852.782.49$405,221
May 20196,20349,69858.482.74$498,940
Apr 20196,64647,00962.632.75$545,547
Mar 20198,10449,68156.803.06$612,435
Feb 20197,52328,11750.852.79$461,053
Jan 20197,87223,08946.033.23$436,884
Dec 20188,55631,53246.594.19$530,599
Nov 201811,81550,81952.934.24$840,700
Oct 201814,03849,78861.443.40$1,031,678
Sep 201815,91547,58359.543.11$1,095,467
Aug 201821,19952,67359.403.07$1,420,746
Jul 201822,88327,75365.142.93$1,571,967
Jun 201824,14219,95960.183.08$1,514,278
May 201816,12517,20065.382.90$1,104,146
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
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

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                  391 bbl  × $106.41 =    $41,606
Casinghead gas    24,317 Mcf  × $  3.05 =    $74,066

────────────────────────────────────────────────────
Month total                                 $115,672

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/49124 is the state's own key, not one this site invented.