PRESTON S31G

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 49126District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$22.5 M
May 2017 – May 2026
Value, last 12 filed months
$878 k
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
OilDisposition282,455 bbl$16,951,973
Casinghead gasProduction1,719,343 Mcf$5,536,964
Total$22,488,936

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, -101.8449. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73706, -101.84488 · 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
9,398 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 9,398 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-32941558107H9,398 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 20263289,211106.413.05$62,958
Apr 202649912,96998.932.87$86,583
Mar 20264289,20189.753.15$67,391
Feb 20263986,88163.503.75$51,079
Jan 20264138,17459.138.00$89,796
Dec 202550312,10356.664.41$81,915
Nov 20252688,63058.593.93$49,587
Oct 202552214,58759.383.30$79,204
Sep 202550614,23762.743.08$75,553
Aug 202549013,44363.933.01$71,853
Jul 202553413,29866.743.32$79,725
Jun 202556614,36266.483.13$82,562
May 202560113,98160.553.23$81,582
Apr 202562113,69162.363.54$87,234
Mar 202562814,19167.704.27$103,087
Feb 202574211,46670.884.34$102,365
Jan 20257388,73874.324.28$92,235
Dec 2024981,23868.993.12$10,625
Nov 2024961,68369.052.20$10,329
Oct 20242885,85971.372.28$33,921
Sep 20245289,75169.612.36$59,809
Aug 20245799,87675.632.06$64,170
Jul 202460410,94579.932.15$71,772
Jun 202455910,89378.082.63$72,339
May 202457911,91278.812.20$71,819
Apr 20244938,51184.451.66$55,755
Mar 202458811,60380.301.55$65,145
Feb 202467012,82676.091.78$73,857
Jan 202448412,95773.023.30$78,069
Dec 202380416,31171.262.61$99,876
Nov 202354812,50877.892.81$77,801
Oct 202372811,11085.443.09$96,500
Sep 202369610,03889.042.74$89,426
Aug 20236799,97980.522.67$81,346
Jul 202374316,43774.852.64$99,037
Jun 202376111,51768.962.26$78,489
May 202381713,60970.622.23$88,009
Apr 202384919,49778.122.24$109,953
Mar 202399722,12372.852.39$125,575
Feb 20231,07123,17875.112.47$137,592
Jan 20231,12421,54676.533.39$159,012
Dec 20221,10423,76076.415.73$220,480
Nov 20221,14521,26485.005.65$217,386
Oct 20221,28621,71787.185.86$239,457
Sep 20221,23420,78984.888.16$274,457
Aug 20221,24718,44994.529.13$286,253
Jul 20221,29717,530101.587.54$263,962
Jun 20221,35914,363115.097.98$270,984
May 20221,59911,473109.378.43$271,635
Apr 20221,5386,061104.226.84$201,733
Mar 20221,5432,413108.885.08$180,251
Feb 20221,30525791.054.86$120,069
Jan 20221,14613681.844.54$94,406
Dec 20217918471.323.90$56,742
Nov 20216658177.435.24$51,915
Oct 20211,24210679.795.71$99,705
Sep 20213571,08969.865.35$30,767
Aug 202192011,88866.024.22$110,913
Jul 20211,49123,78870.783.98$200,259
Jun 20211,83924,35969.493.38$210,141
May 20211,82618,99663.483.02$173,238
Apr 20211,84722,31460.362.76$173,036
Mar 20212643,27361.302.72$25,076
Feb 20211,58621,41357.805.55$210,469
Jan 20212,19229,99950.412.81$194,804
Dec 20202,14826,38344.642.68$166,473
Nov 20201,96125,69838.772.71$145,581
Oct 20202,27128,23136.972.48$153,927
Sep 20202,35628,72137.091.99$144,569
Aug 20202,50230,50339.982.39$172,783
Jul 20202,52929,86138.371.83$151,538
Jun 20202,65328,28034.901.69$140,392
May 20202,90019,58816.921.81$84,615
Apr 20202,28920,49214.751.80$70,738
Mar 20201,82323,32630.341.86$98,608
Feb 20202,90621,72949.881.98$187,989
Jan 20203,39630,95257.252.09$259,257
Dec 20193,63733,79559.012.30$292,495
Nov 20193,53328,39455.302.75$273,478
Oct 20194,11835,14553.472.42$305,189
Sep 20194,25235,90155.052.66$329,472
Aug 20194,67434,95753.112.30$328,790
Jul 20194,89836,43456.272.46$365,240
Jun 20195,35538,06152.782.49$377,454
May 20196,18543,39458.482.74$480,612
Apr 20196,83538,69262.632.75$534,506
Mar 20198,91840,11856.803.06$629,388
Feb 20197,71813,27250.852.79$429,519
Jan 20197,7159,62046.033.23$386,177
Dec 20187,25119,98746.594.19$421,478
Nov 201811,57634,63152.934.24$759,458
Oct 201810,76719,63661.443.40$728,249
Sep 201811,17721,38359.543.11$731,937
Aug 201818,34124,82659.403.07$1,165,586
Jul 201824,01924,32465.142.93$1,635,913
Jun 201826,97337,75660.183.08$1,739,407
May 201819,78824,58165.382.90$1,365,044
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                  328 bbl  × $106.41 =    $34,902
Casinghead gas     9,211 Mcf  × $  3.05 =    $28,055

────────────────────────────────────────────────────
Month total                                  $62,958

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/49126 is the state's own key, not one this site invented.