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PRESTON N31H

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 50536District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.6 M
May 2018 – May 2026
Value, last 12 filed months
$895 k
at the published price for each month
Months reported
97
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 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
OilDisposition215,499 bbl$12,740,558
Casinghead gasProduction2,021,120 Mcf$6,851,147
Total$19,591,705

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 31.7360, -101.8501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73599, -101.85012 · 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
9,420 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 9,420 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-329415508H9,420 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 (97)

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

97 months

May 202635313,441106.413.05$78,502
Apr 202629715,49298.932.87$73,840
Mar 202634417,16289.753.15$84,925
Feb 202625915,27563.503.75$73,733
Jan 202626612,89159.138.00$118,830
Dec 202534312,44156.664.41$74,341
Nov 20251629,07958.593.93$45,140
Oct 202533915,03959.383.30$69,831
Sep 202529716,05262.743.08$68,025
Aug 202529418,43063.933.01$74,357
Jul 202530214,81166.743.32$69,257
Jun 202535612,87566.483.13$63,949
May 202536213,87060.553.23$66,751
Apr 202533615,21162.363.54$74,847
Mar 202536315,62567.704.27$91,268
Feb 202546715,16470.884.34$98,925
Jan 202546316,73274.324.28$106,001
Dec 202449020,17768.993.12$96,785
Nov 202444114,33169.052.20$61,957
Oct 202440015,00871.372.28$62,787
Sep 202444021,07069.612.36$80,445
Aug 202438717,16475.632.06$64,689
Jul 202444017,13779.932.15$71,955
Jun 202435815,28178.082.63$68,202
May 202423416,42178.812.20$54,542
Apr 202428815,69584.451.66$50,363
Mar 202432016,10280.301.55$50,576
Feb 202436717,04476.091.78$58,325
Jan 202432016,85873.023.30$78,958
Dec 202318715,89971.262.61$54,833
Nov 20232812,06977.892.81$36,065
Oct 20232813,85385.443.09$45,160
Sep 20233017,42789.042.74$50,335
Aug 20232318,43880.522.67$51,135
Jul 20233617,14474.852.64$47,986
Jun 20234615,20968.962.26$37,521
May 20236415,98970.622.23$40,134
Apr 202322316,95578.122.24$55,362
Mar 202346915,53972.852.39$71,354
Feb 202345513,50775.112.47$67,479
Jan 202360319,56876.533.39$112,438
Dec 202251820,45976.415.73$156,792
Nov 202247017,84185.005.65$140,684
Oct 202268918,00087.185.86$165,615
Sep 202267219,31084.888.16$214,680
Aug 202264921,57294.529.13$258,235
Jul 202271321,087101.587.54$231,466
Jun 202283121,555115.097.98$267,588
May 202285122,116109.378.43$279,579
Apr 202285121,020104.226.84$232,418
Mar 20221,00822,884108.885.08$225,919
Feb 202287519,57791.054.86$174,790
Jan 202298021,43881.844.54$177,482
Dec 202188718,42971.323.90$135,118
Nov 202199319,01877.435.24$176,482
Oct 202191217,27679.795.71$171,481
Sep 202182918,46969.865.35$156,740
Aug 20211,05222,53966.024.22$164,581
Jul 20211,01521,22170.783.98$156,345
Jun 20211,09821,63269.493.38$149,430
May 20211,15121,97063.483.02$139,364
Apr 20211,19720,91960.362.76$129,954
Mar 20211,22919,91561.302.72$129,446
Feb 20213666,17657.805.55$55,419
Jan 20211,39622,02450.412.81$132,266
Dec 20201,53822,17444.642.68$127,982
Nov 20201,42120,28738.772.71$110,000
Oct 20201,50722,83936.972.48$112,319
Sep 20201,55923,81337.091.99$105,236
Aug 20201,66427,93139.982.39$133,145
Jul 20201,66621,66338.371.83$103,462
Jun 20201,73122,79134.901.69$98,936
May 20201,93425,06516.921.81$78,210
Apr 20201,70924,49714.751.80$69,410
Mar 20201,98225,77430.341.86$107,976
Feb 20201,92222,13149.881.98$139,704
Jan 20202,33327,44557.252.09$191,054
Dec 20192,42928,04359.012.30$207,956
Nov 20192,60230,67655.302.75$228,271
Oct 20192,86130,91853.472.42$227,754
Sep 20192,47825,58055.052.66$204,387
Aug 20192,70933,94853.112.30$222,103
Jul 20193,48433,97456.272.46$279,623
Jun 20194,24834,23652.782.49$309,498
May 20194,47536,49158.482.74$361,695
Apr 20195,01836,90662.632.75$415,795
Mar 20196,42137,29456.803.06$478,911
Feb 20196,70125,63550.852.79$412,324
Jan 20197,03416,56346.033.23$377,243
Dec 20185,56221,66046.594.19$349,790
Nov 20189,06934,45052.934.24$625,995
Oct 20189,99726,38261.443.40$703,864
Sep 201813,26742,22359.543.11$921,146
Aug 201817,61143,57959.403.07$1,179,731
Jul 201820,07029,91865.142.93$1,395,076
Jun 201826,67336,13060.183.08$1,716,350
May 20188,31210,18265.382.90$572,975

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                  353 bbl  × $106.41 =    $37,563
Casinghead gas    13,441 Mcf  × $  3.05 =    $40,939

────────────────────────────────────────────────────
Month total                                  $78,502

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/50536 is the state's own key, not one this site invented.