PRESTON S31K

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 49127District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17.9 M
May 2017 – May 2026
Value, last 12 filed months
$1.1 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
OilDisposition239,240 bbl$14,079,708
Casinghead gasProduction1,150,670 Mcf$3,793,055
Total$17,872,763

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 31.7375, -101.8432. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73747, -101.84321 · 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

42-32941562111H8,933 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 202672310,394106.413.05$108,593
Apr 20267008,90698.932.87$94,809
Mar 202671310,09189.753.15$95,773
Feb 20266228,26463.503.75$70,490
Jan 20266566,87059.138.00$93,735
Dec 202594011,16256.664.41$102,522
Nov 20253787,31658.593.93$50,873
Oct 202593813,75759.383.30$101,163
Sep 202599212,04762.743.08$99,306
Aug 202585210,81363.933.01$87,067
Jul 20251,11611,26166.743.32$111,814
Jun 20257115,69166.483.13$65,073
May 20257069,05060.553.23$72,001
Apr 20257299,14762.363.54$77,869
Mar 202585210,33567.704.27$101,793
Feb 20251,08710,13770.884.34$121,050
Jan 20259278,55474.324.28$105,494
Dec 20248127,64968.993.12$79,895
Nov 20246575,23769.052.20$56,879
Oct 20243982,19371.372.28$33,408
Sep 20243643,02969.612.36$32,500
Aug 20243503,04275.632.06$32,748
Jul 20244973,37979.932.15$46,979
Jun 20246204,38578.082.63$59,960
May 20246768,85078.812.20$72,732
Apr 20248747,82284.451.66$86,788
Mar 20247176,41380.301.55$67,484
Feb 20246875,40076.091.78$61,905
Jan 20241,43713,86273.023.30$150,642
Dec 202369311,39771.262.61$79,138
Nov 202330010,57777.892.81$53,063
Oct 20233259,62885.443.09$57,492
Sep 20233348,72789.042.74$53,608
Aug 20232729,12480.522.67$46,289
Jul 20233307,12974.852.64$43,534
Jun 20235445,07768.962.26$48,981
May 20231,0399,00370.622.23$93,427
Apr 20231,12411,23378.122.24$112,944
Mar 20231,01511,55672.852.39$101,598
Feb 20231,23010,65475.112.47$118,655
Jan 20231,56710,36376.533.39$155,029
Dec 20221,37911,43176.415.73$170,859
Nov 20221,31311,22985.005.65$175,006
Oct 20221,51513,19487.185.86$209,444
Sep 20221,36011,66584.888.16$210,666
Aug 20221,87915,49994.529.13$319,065
Jul 20222,00414,294101.587.54$311,373
Jun 20221,46511,434115.097.98$259,818
May 20221,89413,041109.378.43$317,122
Apr 20221,71310,323104.226.84$249,113
Mar 20222,45510,946108.885.08$322,867
Feb 20222,36110,32891.054.86$265,151
Jan 20222,52311,60281.844.54$259,128
Dec 20212,3819,20671.323.90$205,708
Nov 20212,86610,86977.435.24$278,834
Oct 20212,63412,66979.795.71$282,556
Sep 20212181,65669.865.35$24,091
Aug 20219605,53866.024.22$86,753
Jul 20211,1857,20570.783.98$112,565
Jun 20213,02915,42469.493.38$262,628
May 20212,24511,45463.483.02$177,077
Apr 20211,94912,99060.362.76$153,474
Mar 20213652,85061.302.72$30,118
Feb 20211,61516,14257.805.55$182,902
Jan 20213,06125,94150.412.81$227,206
Dec 20203,30625,10644.642.68$214,750
Nov 20202,73922,35238.772.71$166,688
Oct 20203,49327,15136.972.48$196,428
Sep 20203,68524,96137.091.99$186,375
Aug 20203,85224,14739.982.39$211,596
Jul 20203,90525,49638.371.83$196,368
Jun 20204,29425,01334.901.69$192,140
May 20204,35921,87116.921.81$113,445
Apr 20204,37424,41314.751.80$108,567
Mar 20205,22125,43530.341.86$205,618
Feb 20205,84724,65449.881.98$340,480
Jan 20206,40125,40857.252.09$419,680
Dec 20196,76225,40959.012.30$457,577
Nov 20197,57027,08755.302.75$493,129
Oct 20199,23229,94953.472.42$566,068
Sep 20197,88821,79255.052.66$492,142
Aug 20199,34323,43353.112.30$550,205
Jul 20199,51822,16856.272.46$590,112
Jun 201910,86119,55652.782.49$621,961
May 201912,80019,86258.482.74$802,972
Apr 201914,25416,72062.632.75$938,720
Mar 201914,91115,57256.803.06$894,628
Feb 20199,7526,66150.852.79$514,488
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                  723 bbl  × $106.41 =    $76,934
Casinghead gas    10,394 Mcf  × $  3.05 =    $31,658

────────────────────────────────────────────────────
Month total                                 $108,593

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/49127 is the state's own key, not one this site invented.