SALE RANCH W14J

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 50556District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$40.7 M
May 2018 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
97
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 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
OilDisposition553,394 bbl$33,046,877
Casinghead gasProduction2,324,792 Mcf$7,682,754
Total$40,729,632

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 32.2360, -101.9416. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23600, -101.94159 · 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
9,383 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 9,383 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-31740995110H9,383 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 20261,15215,132106.413.05$168,674
Apr 20261,43218,21398.932.87$193,934
Mar 20261,54718,15489.753.15$196,018
Feb 20261,25416,31363.503.75$140,808
Jan 20261,23115,39959.138.00$195,949
Dec 20251,37219,40156.664.41$163,361
Nov 20251,44618,21158.593.93$156,226
Oct 20251,45718,39159.383.30$147,296
Sep 20251,62019,06162.743.08$160,288
Aug 20251,61020,23963.933.01$163,943
Jul 20251,55518,70766.743.32$165,798
Jun 20251,18413,17666.483.13$119,936
May 20251,89519,36460.553.23$177,333
Apr 20251,23012,85462.363.54$122,246
Mar 20251,72119,34967.704.27$199,099
Feb 20251,73716,86270.884.34$196,314
Jan 20252,36020,66174.324.28$263,797
Dec 20241,58514,68368.993.12$155,180
Nov 20242,46521,61369.052.20$217,723
Oct 20242,14322,40871.372.28$204,068
Sep 20241,54116,89069.612.36$147,203
Aug 20247599,60275.632.06$77,218
Jul 20241,93119,94479.932.15$197,156
Jun 20241,83519,28778.082.63$194,078
May 20241,58520,09578.812.20$169,092
Apr 20241,85620,06284.451.66$190,026
Mar 20242,20622,30980.301.55$211,612
Feb 20242,30419,42076.091.78$209,950
Jan 20241,83215,22273.023.30$183,970
Dec 20232,67521,61571.262.61$247,051
Nov 20232,78121,81977.892.81$277,870
Oct 20232,94023,68785.443.09$324,322
Sep 20232,90323,41989.042.74$322,535
Aug 20232,96023,47280.522.67$301,077
Jul 20232,11016,29774.852.64$200,987
Jun 20232,28018,71768.962.26$199,501
May 20232,16519,83870.622.23$197,079
Apr 20232,31517,53078.122.24$220,076
Mar 20232,50017,05572.852.39$222,940
Feb 20232,10312,94975.112.47$189,884
Jan 20232,41910,82376.533.39$221,791
Dec 20222,70617,85176.415.73$309,035
Nov 20222,69917,25185.005.65$326,818
Oct 20222,41618,68487.185.86$320,185
Sep 20222,56018,27184.888.16$366,451
Aug 20222,28317,19394.529.13$372,712
Jul 20222,76021,031101.587.54$438,978
Jun 20222,59618,646115.097.98$447,517
May 20222,79120,193109.378.43$475,540
Apr 20222,92419,299104.226.84$436,698
Mar 20223,10520,499108.885.08$442,134
Feb 20222,94517,88591.054.86$355,043
Jan 20223,89622,84481.844.54$422,507
Dec 20213,76422,24371.323.90$355,177
Nov 20213,18619,13177.435.24$346,878
Oct 20213,98524,43479.795.71$457,576
Sep 20214,20425,13869.865.35$428,203
Aug 20214,81328,78566.024.22$439,244
Jul 20214,94729,08070.783.98$465,948
Jun 20214,42924,34669.493.38$390,076
May 20215,76329,40963.483.02$454,582
Apr 20215,65527,38960.362.76$416,886
Mar 20215,47627,97761.302.72$411,691
Feb 20213,40417,78757.805.55$295,433
Jan 20215,92432,81850.412.81$390,856
Dec 20206,30928,07444.642.68$356,745
Nov 20206,30331,58738.772.71$329,860
Oct 20206,28031,63436.972.48$310,574
Sep 20206,58229,98637.091.99$303,830
Aug 20205,93334,68839.982.39$319,936
Jul 20206,15634,86038.371.83$299,829
Jun 20207,64437,38534.901.69$329,968
May 20207,55736,23216.921.81$193,616
Apr 20207,68235,17614.751.80$176,780
Mar 20206,52135,26230.341.86$263,302
Feb 20204,35227,21049.881.98$270,972
Jan 20207,58133,93857.252.09$505,104
Dec 20197,50833,77759.012.30$520,881
Nov 20198,87132,43555.302.75$579,785
Oct 20199,88934,37753.472.42$611,907
Sep 201910,53333,12055.052.66$667,851
Aug 201910,83637,43453.112.30$661,761
Jul 201911,00637,33656.272.46$711,156
Jun 201911,66939,02852.782.49$713,116
May 201912,63738,66358.482.74$844,961
Apr 201913,24438,47662.632.75$935,308
Mar 20199,26431,70956.803.06$623,291
Feb 201913,36936,72350.852.79$782,352
Jan 201916,26737,18346.033.23$868,803
Dec 201817,79539,26846.594.19$993,423
Nov 201820,20044,33852.934.24$1,257,057
Oct 201822,51537,73161.443.40$1,511,535
Sep 201820,00822,69359.543.11$1,261,806
Aug 201820,04218,38059.403.07$1,246,858
Jul 201819,83213,77065.142.93$1,332,228
Jun 201824,50718,57660.183.08$1,531,988
May 201827,27517,31665.382.90$1,833,470

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                1,152 bbl  × $106.41 =   $122,584
Casinghead gas    15,132 Mcf  × $  3.05 =    $46,090

────────────────────────────────────────────────────
Month total                                 $168,674

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/50556 is the state's own key, not one this site invented.