STRAIN RANCH 12-1

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 49216District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$67.5 M
Jul 2017 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
107
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 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
OilDisposition969,378 bbl$58,199,549
Casinghead gasProduction2,713,895 Mcf$9,272,305
Total$67,471,854

Wells on this lease (3)

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 32.2874, -101.8183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.28739, -101.81842 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,849 ft
3 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.
3100.0%

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

Between 8,368 and 9,147 ft, median 8,849 ft, over the 3 wells that filed a depth.

Completions filed
Oct 2017
3 of 3 wells

3 wells

42-317408062815H8,368 ftOct 2017
42-317408054315H9,147 ftOct 2017
42-317408074215H8,849 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 (107)

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

107 months

May 20261,15912,826106.413.05$162,395
Apr 20261,16213,68598.932.87$154,229
Mar 20261,33613,61889.753.15$162,795
Feb 20268136,95463.503.75$77,705
Jan 20268335,51559.138.00$93,364
Dec 20251,29914,63756.664.41$138,200
Nov 20251,41219,50158.593.93$159,299
Oct 20251,33117,64359.383.30$137,342
Sep 20251,25614,79262.743.08$124,315
Aug 20251,37616,52363.933.01$137,781
Jul 20259889,42566.743.32$97,185
Jun 20251,19415,77566.483.13$128,733
May 20251,19411,38360.553.23$109,090
Apr 20256704,51262.363.54$57,768
Mar 20251,0908,55067.704.27$110,287
Feb 20251,52918,47870.884.34$188,586
Jan 20251,65523,95374.324.28$225,487
Dec 20241,82426,09768.993.12$207,296
Nov 20241,77123,33869.052.20$173,595
Oct 20241,98727,38071.372.28$204,277
Sep 20241,82326,24769.612.36$188,956
Aug 20242,06131,20575.632.06$220,269
Jul 20241,94627,41079.932.15$214,382
Jun 20242,09730,20178.082.63$243,283
May 20242,39429,94678.812.20$254,506
Apr 20241,73521,42484.451.66$182,067
Mar 20242,85030,36180.301.55$275,767
Feb 20242,20525,11776.091.78$212,578
Jan 20242,72034,29373.023.30$311,701
Dec 20232,58323,85571.262.61$246,343
Nov 20231,99919,38277.892.81$210,118
Oct 20232,95828,02185.443.09$339,240
Sep 20232,31624,84989.042.74$274,180
Aug 20232,62526,06680.522.67$281,036
Jul 20232,64123,72774.852.64$260,361
Jun 20232,53028,95268.962.26$239,856
May 20233,37732,53670.622.23$310,954
Apr 20233,58229,03778.122.24$344,804
Mar 20232,89237,81272.852.39$301,172
Feb 20233,04831,14675.112.47$305,731
Jan 20233,15340,74676.533.39$379,335
Dec 20222,38347,30276.415.73$453,082
Nov 20222,68227,60785.005.65$383,845
Oct 20222,75433,92787.185.86$439,034
Sep 20224,33541,34284.888.16$705,458
Aug 20224,50144,11794.529.13$828,097
Jul 20224,50535,458101.587.54$725,045
Jun 20224,37631,666115.097.98$756,240
May 20223,82530,576109.378.43$676,189
Apr 20223,47531,080104.226.84$574,677
Mar 20224,57126,242108.885.08$630,905
Feb 20224,14819,31591.054.86$471,524
Jan 20225,57421,94481.844.54$555,751
Dec 20216,24823,36171.323.90$536,695
Nov 20215,26713,95977.435.24$480,925
Oct 20215,99818,02179.795.71$581,550
Sep 20217,51520,56669.865.35$635,045
Aug 20215,70515,91566.024.22$443,815
Jul 20216,88417,02670.783.98$555,048
Jun 20217,11917,22969.493.38$552,944
May 20218,57916,22363.483.02$593,551
Apr 20219,25512,70160.362.76$593,666
Mar 20218,4124,21661.302.72$527,110
Feb 202183245157.805.55$50,592
Jan 20213,1852,06250.412.81$166,351
Dec 20203501,64544.642.68$20,025
Nov 20205,92619,35538.772.71$282,137
Oct 20208,81731,03036.972.48$402,870
Sep 20208,78932,64337.091.99$390,978
Aug 20208,77325,58539.982.39$411,767
Jul 20208,73426,88338.371.83$384,188
Jun 202014,29026,24234.901.69$543,078
May 2020191,99016.921.81$3,933
Apr 20208,43522,27114.751.80$164,602
Mar 202010,68833,53930.341.86$386,530
Feb 202010,55927,68649.881.98$581,520
Jan 202013,53638,28057.252.09$855,123
Dec 201914,48442,75959.012.30$953,233
Nov 201915,46343,13355.302.75$973,750
Oct 201912,88128,55953.472.42$757,818
Sep 201912,30326,07255.052.66$746,561
Aug 201914,09830,67253.112.30$819,424
Jul 201915,79431,13956.272.46$965,332
Jun 201916,98630,88752.782.49$973,467
May 201919,31829,88458.482.74$1,211,608
Apr 201919,26324,64562.632.75$1,274,233
Mar 201913,28613,26356.803.06$795,257
Feb 201912,27516,30850.852.79$669,719
Jan 201911,96514,26946.033.23$596,812
Dec 20189,84413,87046.594.19$516,684
Nov 20182,8175,27552.934.24$171,455
Oct 2018062261.443.40$2,114
Sep 20184,8089,11059.543.11$314,582
Aug 201823,01754,54659.403.07$1,534,478
Jul 201827,10360,91965.142.93$1,944,097
Jun 201828,06453,87360.183.08$1,854,654
May 201831,70978,27965.382.90$2,300,206
Apr 201834,05463,22763.842.90$2,357,416
Mar 201840,79562,84161.222.79$2,672,598
Feb 201843,56156,99861.782.77$2,848,862
Jan 201856,65845,62862.874.01$3,745,026
Dec 201767,17646,15557.272.92$3,982,012
Nov 201776,23449,36855.423.12$4,378,835
Oct 201744,96435,22149.292.98$2,321,364
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$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                1,159 bbl  × $106.41 =   $123,329
Casinghead gas    12,826 Mcf  × $  3.05 =    $39,066

────────────────────────────────────────────────────
Month total                                 $162,395

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/49216 is the state's own key, not one this site invented.