PRESTON S31L

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 49232District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$23.7 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
OilDisposition325,289 bbl$19,260,436
Casinghead gasProduction1,509,335 Mcf$4,472,436
Total$23,732,872

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 31.7381, -101.8405. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73808, -101.84053 · 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
8,921 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 8,921 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-32941563112H8,921 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 20261,02415,200106.413.05$155,261
Apr 20261,00815,18698.932.87$143,301
Mar 20261,20016,64289.753.15$160,113
Feb 202685014,64363.503.75$108,891
Jan 202691412,44659.138.00$153,587
Dec 20251,30813,88956.664.41$135,408
Nov 202566110,39958.593.93$79,559
Oct 20251,21414,03259.383.30$118,461
Sep 20257249,68862.743.08$75,233
Aug 20252712,20763.933.01$23,979
Jul 202592710,72066.743.32$97,407
Jun 20251,31015,30366.483.13$134,968
May 20251,33717,05260.553.23$136,073
Apr 20251,43416,19262.363.54$146,794
Mar 20251,35215,79967.704.27$158,966
Feb 20251,32012,78870.884.34$149,072
Jan 20251,37613,78374.324.28$161,237
Dec 20241,57416,82468.993.12$161,104
Nov 20241,32013,62769.052.20$121,104
Oct 20241,28414,22371.372.28$124,087
Sep 20241,41615,95869.612.36$136,298
Aug 20241,30715,61575.632.06$131,072
Jul 20241,66915,58579.932.15$166,858
Jun 20241,61213,97578.082.63$162,675
May 20241,64914,03578.812.20$160,813
Apr 20241,58613,75784.451.66$156,763
Mar 20241,86215,56580.301.55$173,569
Feb 20241,80012,95376.091.78$160,065
Jan 20241,53311,22173.023.30$148,943
Dec 20231,67713,52971.262.61$154,823
Nov 202395511,27577.892.81$106,040
Oct 20231,59210,92385.443.09$169,743
Sep 20231,77511,04289.042.74$188,246
Aug 20232,04611,71580.522.67$196,057
Jul 20231,79513,01874.852.64$168,747
Jun 20238749,66568.962.26$82,099
May 20231,67212,54870.622.23$146,026
Apr 20232,34414,91978.122.24$216,498
Mar 20232,22515,25272.852.39$198,592
Feb 20232,19911,96375.112.47$194,664
Jan 20232,54211,97576.533.39$235,107
Dec 20222,02411,52176.415.73$220,659
Nov 20222,49812,82085.005.65$284,714
Oct 20222,67212,43487.185.86$305,855
Sep 20222,56812,01984.888.16$316,091
Aug 20222,67610,88094.529.13$352,239
Jul 20222,5008,456101.587.54$317,726
Jun 20222,1457,054115.097.98$303,139
May 20228717,268109.378.43$156,553
Apr 20222,2825,722104.226.84$276,955
Mar 20222,9685,365108.885.08$350,391
Feb 20222,8724,60591.054.86$283,871
Jan 20223,0343,47481.844.54$264,066
Dec 20212,47953171.323.90$178,873
Nov 20212,46177477.435.24$194,609
Oct 20211,27923779.795.71$103,406
Sep 20211,35549169.865.35$97,288
Aug 20211522666.024.22$10,145
Jul 20218765,82170.783.98$85,183
Jun 20214,10727,25269.493.38$377,524
May 20214,57427,18063.483.02$372,378
Apr 20214,51125,12660.362.76$341,592
Mar 20216243,23761.302.72$47,046
Feb 20212,41621,86057.805.55$260,923
Jan 20214,12432,77450.412.81$299,995
Dec 20204,42731,81844.642.68$282,749
Nov 20203,97529,34838.772.71$233,543
Oct 20204,81033,59636.972.48$261,091
Sep 20205,13033,45837.091.99$256,888
Aug 20205,82135,21139.982.39$316,705
Jul 20205,79335,86738.371.83$287,739
Jun 20206,12134,68934.901.69$272,258
May 20206,88036,08916.921.81$181,902
Apr 20206,04133,04514.751.80$148,730
Mar 20207,67937,27430.341.86$302,170
Feb 20206,98829,53249.881.98$407,055
Jan 20208,06933,74957.252.09$532,646
Dec 20199,08737,03759.012.30$621,570
Nov 20199,98839,39155.302.75$660,689
Oct 201911,40340,80953.472.42$708,417
Sep 201912,30039,94755.052.66$783,265
Aug 201913,45538,12753.112.30$802,453
Jul 201911,48030,67056.272.46$721,430
Jun 201914,90928,35752.782.49$857,540
May 201914,79622,15758.482.74$925,987
Apr 201914,09814,44962.632.75$922,703
Mar 201915,38212,41256.803.06$911,704
Feb 201910,0518,24550.852.79$534,115
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                1,024 bbl  × $106.41 =   $108,964
Casinghead gas    15,200 Mcf  × $  3.05 =    $46,297

────────────────────────────────────────────────────
Month total                                 $155,261

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/49232 is the state's own key, not one this site invented.