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SALE RANCH 21L

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 49235District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$39.8 M
May 2017 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
109
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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
OilDisposition594,239 bbl$36,788,243
Casinghead gasProduction871,983 Mcf$3,001,225
Total$39,789,468

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 32.2154, -101.9644. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21539, -101.96439 · 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
8,355 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 8,355 ft.

Completions filed
Aug 2017
1 of 1 wells

1 well

42-3174056112H8,355 ftAug 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 (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 20263,4067,527106.413.05$385,359
Apr 20266302,25498.932.87$68,794
Mar 20261,0023,16389.753.15$99,891
Feb 20262,9249,72163.503.75$222,131
Jan 20263,29211,25859.138.00$284,697
Dec 20253,26210,74556.664.41$232,246
Nov 20253,5818,07058.593.93$241,497
Oct 20252,4756,68959.383.30$169,072
Sep 20252,4363,51262.743.08$163,641
Aug 20252,8155,56763.933.01$196,746
Jul 20252,9577,79466.743.32$223,189
Jun 20253,3338,68266.483.13$248,741
May 20253,4408,92660.553.23$237,144
Apr 20253,3618,81662.363.54$240,828
Mar 20253,5968,89967.704.27$281,433
Feb 20252,7967,68770.884.34$231,549
Jan 20253,7048,15574.324.28$310,174
Dec 20243,8238,64068.993.12$290,717
Nov 20243,1878,26769.052.20$238,237
Oct 202442071.372.28$2,998
Sep 20241,0002,55469.612.36$75,649
Aug 20243,2438,94075.632.06$263,717
Jul 20243,46310,17979.932.15$298,648
Jun 20243,4269,37778.082.63$292,201
May 20243,3678,45478.812.20$283,939
Apr 20243,8897,75084.451.66$341,285
Mar 20244,3107,91780.301.55$358,326
Feb 20242,3164,42176.091.78$184,110
Jan 20243,3936,42173.023.30$268,931
Dec 20233,2676,12871.262.61$248,805
Nov 20233,4736,13377.892.81$287,731
Oct 20233,2736,60185.443.09$300,024
Sep 20232,9066,71889.042.74$277,124
Aug 20232,9246,48880.522.67$252,782
Jul 20233,4658,66474.852.64$282,244
Jun 20232,5467,30568.962.26$192,070
May 20232,9467,91370.622.23$225,672
Apr 20234,0508,16478.122.24$334,655
Mar 20235,5629,39872.852.39$427,683
Feb 20233,4787,59975.112.47$279,969
Jan 20234,2087,93276.533.39$348,910
Dec 20223,8928,68476.415.73$347,139
Nov 20223,3617,93085.005.65$330,459
Oct 20223,8358,35087.185.86$383,298
Sep 20225,0278,68184.888.16$497,561
Aug 20223,8758,62994.529.13$445,023
Jul 20224,0648,530101.587.54$477,155
Jun 20224,0417,970115.097.98$528,657
May 20224,3328,569109.378.43$546,054
Apr 20224,7587,477104.226.84$547,004
Mar 20224,8247,537108.885.08$563,498
Feb 20223,0106,86491.054.86$307,412
Jan 20222,9586,85181.844.54$273,170
Dec 202115925371.323.90$12,326
Nov 202167540077.435.24$54,360
Oct 20213,9667,99579.795.71$362,130
Sep 20215,11610,20669.865.35$412,015
Aug 20215,86910,41266.024.22$431,416
Jul 20216,3099,51970.783.98$484,456
Jun 20215,6069,85269.493.38$422,867
May 20216,57810,70463.483.02$449,873
Apr 20216,0109,63960.362.76$389,352
Mar 20212,1473,30461.302.72$140,588
Feb 202196868857.805.55$59,767
Jan 20211,9272,23150.412.81$103,410
Dec 20203,4934,43844.642.68$167,801
Nov 20204,4766,10438.772.71$190,055
Oct 20204,2615,88336.972.48$172,110
Sep 20204,5075,50137.091.99$178,117
Aug 20205,2588,04739.982.39$229,408
Jul 20205,8128,53838.371.83$238,589
Jun 20205,5638,00034.901.69$207,671
May 20205,6688,89316.921.81$112,041
Apr 20205,8019,20314.751.80$102,170
Mar 20206,0399,75730.341.86$201,335
Feb 20205,6348,36249.881.98$297,586
Jan 20206,5789,80157.252.09$397,121
Dec 20196,7279,80159.012.30$419,545
Nov 20196,2029,69255.302.75$369,630
Oct 20196,6339,51953.472.42$377,689
Sep 20196,7849,73155.052.66$399,317
Aug 20197,8227,81253.112.30$433,428
Jul 20198,6228,53656.272.46$506,159
Jun 20197,6431,39252.782.49$406,865
May 20198,2648,22558.482.74$505,818
Apr 201910,15011,24662.632.75$666,629
Mar 20197,5959,40256.803.06$460,186
Feb 20198,6956,70450.852.79$460,860
Jan 201910,17710,73746.033.23$503,108
Dec 201810,43710,78646.594.19$531,404
Nov 201810,47510,07152.934.24$597,115
Oct 201810,1344,94561.443.40$639,436
Sep 20184,9855,26159.543.11$313,158
Aug 20186,8517,11659.403.07$428,771
Jul 20182,0341,84665.142.93$137,907
Jun 201811,89310,58160.183.08$748,278
May 201812,01113,48265.382.90$824,388
Apr 201813,61516,85163.842.90$918,063
Mar 201814,26017,44161.222.79$921,602
Feb 201814,30116,65161.782.77$929,574
Jan 201818,40818,01162.874.01$1,229,523
Dec 201722,39521,62957.272.92$1,345,751
Nov 201726,46820,13355.423.12$1,529,639
Oct 201725,61220,27149.292.98$1,322,898
Sep 201711,38710,15947.523.09$572,474
Aug 201769572245.373.00$33,701
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                3,406 bbl  × $106.41 =   $362,432
Casinghead gas     7,527 Mcf  × $  3.05 =    $22,926

────────────────────────────────────────────────────
Month total                                 $385,359

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/49235 is the state's own key, not one this site invented.