PRESTON 18J

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 50182District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$28.1 M
Feb 2018 – May 2026
Value, last 12 filed months
$177 k
at the published price for each month
Months reported
100
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
OilDisposition394,262 bbl$22,736,284
Casinghead gasProduction1,716,286 Mcf$5,400,639
Total$28,136,922

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 31.7376, -101.8455. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73760, -101.84549 · 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
8,978 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 8,978 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-3294127810H8,978 ftFeb 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 (100)

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

100 months

May 20264723106.413.05$5,071
Apr 2026636498.932.87$6,416
Mar 20262559189.753.15$4,105
Feb 2026352063.503.75$2,298
Jan 202627954759.138.00$20,872
Dec 202524049356.664.41$15,774
Nov 202513840258.593.93$9,664
Oct 20252631459.383.30$2,582
Sep 20257232262.743.08$5,508
Aug 20251221,12063.933.01$11,176
Jul 20253095,84166.743.32$39,987
Jun 20254038,44166.483.13$53,201
May 20254467,89160.553.23$52,512
Apr 20254537,09862.363.54$53,398
Mar 20254965,77967.704.27$58,246
Feb 20256035,55770.884.34$66,863
Jan 20258165,92674.324.28$86,001
Dec 20247345,33068.993.12$67,276
Nov 20246496,40469.052.20$58,892
Oct 20249078,58771.372.28$84,323
Sep 20248936,63769.612.36$77,854
Aug 20248366,60575.632.06$76,857
Jul 20241454,10879.932.15$20,408
Jun 20241165,13278.082.63$22,575
May 202416912,25478.812.20$40,259
Apr 20243193,74084.451.66$33,145
Mar 20243743,55880.301.55$35,530
Feb 20244253,29576.091.78$38,215
Jan 20244883,11173.023.30$45,893
Dec 20236183,07671.262.61$52,069
Nov 20231,1294,61177.892.81$100,883
Oct 20238032,02585.443.09$74,860
Sep 20237091,42689.042.74$67,030
Aug 202331462580.522.67$26,954
Jul 202318727574.852.64$14,723
Jun 20233438668.962.26$3,216
May 20233735370.622.23$3,399
Apr 20232415278.122.24$2,215
Mar 2023941672.852.39$6,886
Feb 20231221975.112.47$9,210
Jan 20231402376.533.39$10,792
Dec 20221432276.415.73$11,053
Nov 20222073385.005.65$17,781
Oct 202236890887.185.86$37,407
Sep 202232586584.888.16$34,648
Aug 20222311,05294.529.13$31,436
Jul 20221,11711,890101.587.54$203,140
Jun 20221,55918,481115.097.98$326,852
May 20221,53916,548109.378.43$307,870
Apr 20221,70617,968104.226.84$300,657
Mar 20221,82018,527108.885.08$292,212
Feb 20221,72116,60091.054.86$237,354
Jan 20222,12120,59681.844.54$267,041
Dec 20212,14921,05671.323.90$235,367
Nov 20212,05422,44977.435.24$276,603
Oct 20212,25130,11579.795.71$351,680
Sep 20212,27122,00369.865.35$276,388
Aug 20212,36422,26966.024.22$250,060
Jul 20212,57722,99470.783.98$273,964
Jun 20211,99618,28169.493.38$200,503
May 20211,96616,40363.483.02$174,301
Apr 20212,48324,13860.362.76$216,457
Mar 20212,49527,30061.302.72$227,116
Feb 20212,39821,13757.805.55$255,871
Jan 20213,16233,22850.412.81$252,776
Dec 20203,25432,83044.642.68$233,094
Nov 20203,10934,03138.772.71$212,643
Oct 20203,99735,65336.972.48$236,133
Sep 20203,85434,57237.091.99$211,779
Aug 20203,80034,26939.982.39$233,659
Jul 20204,12136,66638.371.83$225,043
Jun 20204,36936,13234.901.69$213,552
May 20205,24337,45216.921.81$156,678
Apr 20204,37933,57914.751.80$125,180
Mar 20204,81036,56530.341.86$213,808
Feb 20205,26836,63949.881.98$335,338
Jan 20206,03540,68057.252.09$430,718
Dec 20196,55540,47159.012.30$480,070
Nov 20196,19831,23455.302.75$428,665
Oct 20195,54633,31253.472.42$377,111
Sep 20196,59839,61755.052.66$468,493
Aug 20197,81142,79653.112.30$513,460
Jul 20197,83839,63156.272.46$538,539
Jun 20198,31441,03652.782.49$541,042
May 20199,62742,25758.482.74$678,785
Apr 20199,69638,75962.632.75$713,875
Mar 201911,82242,72856.803.06$802,327
Feb 201911,67239,19150.852.79$702,951
Jan 201914,61844,37946.033.23$816,130
Dec 201815,00037,53946.594.19$855,967
Nov 201814,76336,41152.934.24$935,688
Oct 201817,68137,44361.443.40$1,213,555
Sep 201815,32726,93959.543.11$996,296
Aug 201817,46826,99259.403.07$1,120,372
Jul 201818,14923,71465.142.93$1,251,752
Jun 201817,29819,85960.183.08$1,102,098
May 201818,31118,91665.382.90$1,252,045
Apr 201820,23320,56863.842.90$1,351,338
Mar 201825,46026,30461.222.79$1,631,966
Feb 20181768261.782.77$11,100

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                   47 bbl  × $106.41 =     $5,001
Casinghead gas        23 Mcf  × $  3.05 =        $70

────────────────────────────────────────────────────
Month total                                   $5,071

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/50182 is the state's own key, not one this site invented.