PRESTON S31H

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 49546District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$23.3 M
May 2017 – May 2026
Value, last 12 filed months
$1.0 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
OilDisposition253,499 bbl$15,318,911
Casinghead gasProduction2,414,471 Mcf$7,984,671
Total$23,303,582

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 31.7378, -101.8423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73779, -101.84230 · 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
9,769 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 9,769 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-32941559108H9,769 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 202648435,005106.413.05$158,122
Apr 2026975,64798.932.87$25,802
Mar 202633321,68189.753.15$98,170
Feb 202620817,08163.503.75$77,267
Jan 202621414,12859.138.00$125,648
Dec 202531115,80256.664.41$87,361
Nov 20251599,65958.593.93$47,241
Oct 202532417,89959.383.30$78,392
Sep 202527318,20262.743.08$73,134
Aug 202528419,48463.933.01$76,896
Jul 202539821,50866.743.32$97,866
Jun 202541723,00566.483.13$99,698
May 202536921,34060.553.23$91,321
Apr 202536220,41162.363.54$94,893
Mar 202541721,12967.704.27$118,416
Feb 202565821,09270.884.34$138,196
Jan 202557229,44974.324.28$168,514
Dec 202448925,73668.993.12$114,068
Nov 202439718,78869.052.20$68,717
Oct 202451322,54271.372.28$88,040
Sep 202456417,72969.612.36$81,178
Aug 202446015,23975.632.06$66,237
Jul 202451816,41679.932.15$76,642
Jun 202448518,13378.082.63$85,631
May 202457418,27978.812.20$85,422
Apr 202453016,04984.451.66$71,387
Mar 202453116,54080.301.55$68,196
Feb 202452713,97876.091.78$65,031
Jan 202458913,87773.023.30$88,770
Dec 202361616,16871.262.61$86,106
Nov 202368119,93677.892.81$109,015
Oct 202377824,49285.443.09$142,086
Sep 202390723,74089.042.74$145,689
Aug 202387824,76480.522.67$136,888
Jul 202370821,87774.852.64$110,788
Jun 202365018,68468.962.26$87,021
May 202395123,63170.622.23$119,795
Apr 20231,16828,60878.122.24$155,262
Mar 202382127,55272.852.39$125,746
Feb 202356923,10975.112.47$99,717
Jan 202365422,76076.533.39$127,155
Dec 202280228,70776.415.73$225,746
Nov 202274931,01885.005.65$238,799
Oct 20221,01131,34687.185.86$271,944
Sep 202278931,92184.888.16$327,563
Aug 202294931,51694.529.13$377,351
Jul 20221,02720,708101.587.54$260,504
Jun 20221,05918,326115.097.98$268,070
May 20221,17318,722109.378.43$286,174
Apr 20221,18617,831104.226.84$245,526
Mar 20221,34417,151108.885.08$233,400
Feb 20221,27414,93791.054.86$188,574
Jan 20221,65115,81481.844.54$206,877
Dec 20211,63311,56571.323.90$161,559
Nov 20211,81510,34077.435.24$194,684
Oct 20211,7257,69979.795.71$181,629
Sep 20212911,05869.865.35$25,991
Aug 20212732266.024.22$3,142
Jul 20213063,05770.783.98$33,832
Jun 20212,13418,56869.493.38$211,063
May 20212,10219,06163.483.02$190,955
Apr 20211,67623,69960.362.76$166,535
Mar 20211643,25061.302.72$18,883
Feb 202177013,90157.805.55$121,628
Jan 20211,48825,39650.412.81$146,380
Dec 20201,61128,24444.642.68$147,481
Nov 20201,50430,35438.772.71$140,465
Oct 20201,73331,89336.972.48$143,114
Sep 20201,69730,70437.091.99$124,075
Aug 20201,83430,79439.982.39$146,770
Jul 20201,88327,46238.371.83$122,372
Jun 20201,98530,63334.901.69$121,056
May 20202,18432,89916.921.81$96,657
Apr 20201,96436,94514.751.80$95,632
Mar 20202,24137,43230.341.86$137,474
Feb 20202,64537,15649.881.98$205,526
Jan 20202,76137,72757.252.09$237,096
Dec 20192,66035,29759.012.30$238,304
Nov 20192,82142,39955.302.75$272,628
Oct 20193,31443,42653.472.42$282,227
Sep 20193,47142,39555.052.66$303,734
Aug 20193,81447,23753.112.30$311,413
Jul 20193,65844,12956.272.46$314,396
Jun 20193,76742,60052.782.49$304,947
May 20194,54945,63758.482.74$391,086
Apr 20195,18144,07862.632.75$445,731
Mar 20195,54832,18956.803.06$413,692
Feb 20195,71112,15450.852.79$324,341
Jan 20196,58219,65746.033.23$366,426
Dec 20186,65232,24246.594.19$444,864
Nov 201810,71954,77352.934.24$799,443
Oct 201812,55450,64061.443.40$943,397
Sep 201814,22947,42559.543.11$994,592
Aug 201818,61251,51959.403.07$1,263,539
Jul 201823,89138,70165.142.93$1,669,726
Jun 201827,75037,48660.183.08$1,785,336
May 201815,39121,18265.382.90$1,067,708
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                  484 bbl  × $106.41 =    $51,502
Casinghead gas    35,005 Mcf  × $  3.05 =   $106,620

────────────────────────────────────────────────────
Month total                                 $158,122

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/49546 is the state's own key, not one this site invented.