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PRESTON S31J

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 49125District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.8 M
May 2017 – May 2026
Value, last 12 filed months
$989 k
at the published price for each month
Months reported
109
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 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
OilDisposition273,926 bbl$16,044,706
Casinghead gasProduction1,484,529 Mcf$4,709,464
Total$20,754,170

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 31.7371, -101.8461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73707, -101.84614 · 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
8,933 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 8,933 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-32941561110H8,933 ftFeb 2019——

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 20268197,461106.413.05$109,875
Apr 20269298,69898.932.87$116,867
Mar 20269217,87789.753.15$107,468
Feb 20269827,92963.503.75$92,093
Jan 20261,0146,90759.138.00$115,199
Dec 20251,0697,64656.664.41$94,314
Nov 20256535,09858.593.93$58,276
Oct 20258044,84759.383.30$63,760
Sep 20253642,66262.743.08$31,028
Aug 20254984,67163.933.01$45,919
Jul 20256458,09066.743.32$69,867
Jun 20258758,37666.483.13$84,376
May 20258398,02260.553.23$76,731
Apr 20257626,16362.363.54$69,355
Mar 20257826,91367.704.27$82,448
Feb 20258575,99770.884.34$86,776
Jan 20251,0398,68374.324.28$114,370
Dec 20245982,91868.993.12$50,364
Nov 20242431,28369.052.20$19,600
Oct 20241,34313,50871.372.28$126,667
Sep 202485912,30369.612.36$88,884
Aug 202475712,21875.632.06$82,465
Jul 202498212,66279.932.15$105,671
Jun 20247768,88878.082.63$84,001
May 202486110,02878.812.20$89,901
Apr 202490212,29884.451.66$96,579
Mar 20241,03613,12880.301.55$103,475
Feb 202485911,08676.091.78$85,135
Jan 202486312,62773.023.30$104,656
Dec 202388112,43871.262.61$95,252
Nov 202368013,05677.892.81$89,621
Oct 20231,05615,65385.443.09$138,550
Sep 20231,06215,35789.042.74$136,562
Aug 20231,15016,15680.522.67$135,781
Jul 20231,21516,30974.852.64$134,028
Jun 20231,02013,24768.962.26$100,257
May 20231,32514,79770.622.23$126,530
Apr 20231,55416,94878.122.24$159,324
Mar 20231,33817,64472.852.39$139,698
Feb 20231,57615,23675.112.47$155,940
Jan 20231,67216,87476.533.39$185,123
Dec 20221,52219,21076.415.73$226,352
Nov 20221,69919,83085.005.65$256,379
Oct 20221,77920,38587.185.86$274,626
Sep 20221,81720,67984.888.16$323,044
Aug 20222,05819,21294.529.13$369,873
Jul 20221,88214,783101.587.54$302,668
Jun 202298112,772115.097.98$214,788
May 202237211,963109.378.43$141,570
Apr 20222,58510,364104.226.84$340,274
Mar 20222,79810,537108.885.08$358,136
Feb 20222,4999,64191.054.86$274,378
Jan 20222,7469,81281.844.54$269,256
Dec 20212,2087,76471.323.90$187,747
Nov 20212,1948,09877.435.24$212,289
Oct 20219333,19879.795.71$92,717
Sep 20213643,09569.865.35$41,990
Aug 20212,18420,33766.024.22$230,022
Jul 20213,08326,32470.783.98$323,039
Jun 20213,17222,42169.493.38$296,219
May 20213,58121,77363.483.02$293,026
Apr 20213,55921,06960.362.76$272,938
Mar 20214722,83161.302.72$36,625
Feb 20212,01319,05257.805.55$222,051
Jan 20213,48228,68950.412.81$256,151
Dec 20203,41726,81344.642.68$224,272
Nov 20203,33726,40338.772.71$200,837
Oct 20203,93129,62536.972.48$218,753
Sep 20204,34829,02037.091.99$219,047
Aug 20204,52628,68039.982.39$249,354
Jul 20204,45331,09138.371.83$227,606
Jun 20204,08330,56634.901.69$194,163
May 20205,18435,63716.921.81$152,386
Apr 20205,32636,37514.751.80$144,193
Mar 20206,30638,27230.341.86$262,366
Feb 20206,75835,48749.881.98$407,377
Jan 20207,79438,38357.252.09$526,609
Dec 20198,48238,31959.012.30$588,824
Nov 20197,77432,49555.302.75$519,286
Oct 20198,81733,21453.472.42$551,774
Sep 201910,07934,93255.052.66$647,673
Aug 201911,59135,94353.112.30$698,424
Jul 201911,05929,97456.272.46$696,028
Jun 201912,95027,30452.782.49$751,521
May 201915,22026,02058.482.74$961,369
Apr 201913,63020,85062.632.75$910,999
Mar 201915,57419,84956.803.06$945,383
Feb 201910,84412,73650.852.79$586,979
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
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                  819 bbl  × $106.41 =    $87,150
Casinghead gas     7,461 Mcf  × $  3.05 =    $22,725

────────────────────────────────────────────────────
Month total                                 $109,875

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/49125 is the state's own key, not one this site invented.