MILES 25B

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 50707District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$54.0 M
Jun 2018 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
96
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
OilDisposition799,965 bbl$48,113,848
Casinghead gasProduction1,609,341 Mcf$5,843,285
Total$53,957,133

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 31.9623, -102.0469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96225, -102.04690 · 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
9,401 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 9,401 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-329412492H9,401 ftJun 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 (96)

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

96 months

May 20263,82316,671106.413.05$457,583
Apr 20264,09316,23698.932.87$451,513
Mar 20263,76612,54989.753.15$377,521
Feb 20262,1281,61063.503.75$141,166
Jan 20262,5538,07159.138.00$215,510
Dec 20252,72012,48956.664.41$209,234
Nov 20252,3108,52658.593.93$168,820
Oct 20254,24816,30459.383.30$306,128
Sep 20253,27911,56862.743.08$241,318
Aug 20251,1102,81363.933.01$79,443
Jul 20251,2943,06766.743.32$96,529
Jun 20251,9633,96466.483.13$142,902
May 20258277,30260.553.23$73,677
Apr 20251152,12962.363.54$14,715
Mar 20253711,89667.704.27$33,209
Feb 20256533,12370.884.34$59,841
Jan 20254,2649,63774.324.28$358,134
Dec 20243,3118,44168.993.12$254,773
Nov 20242,2025,40169.052.20$163,922
Oct 20243,9068,09271.372.28$297,232
Sep 20243,6917,08469.612.36$273,680
Aug 20243,3126,18875.632.06$263,256
Jul 20247012,18779.932.15$60,726
Jun 202474941178.082.63$59,564
May 20242,4102,31878.812.20$195,028
Apr 20242,9091,07784.451.66$247,452
Mar 20242,82724180.301.55$227,380
Feb 20242,56597876.091.78$196,915
Jan 20242,36416573.023.30$173,163
Dec 20232,03835771.262.61$146,160
Nov 20232,39979077.892.81$189,076
Oct 20231,1802,10185.443.09$107,306
Sep 202328797289.042.74$28,213
Aug 20232931,00280.522.67$26,271
Jul 20233781774.852.64$4,928
Jun 20234113168.962.26$3,123
May 202319070370.622.23$14,984
Apr 20232,2687,84678.122.24$194,734
Mar 20233,3169,21872.852.39$263,631
Feb 20231,9925,61875.112.47$163,471
Jan 20232,4708,91776.533.39$219,237
Dec 20222,3836,80676.415.73$221,077
Nov 20223,95312,69285.005.65$407,667
Oct 20222,2026,50487.185.86$230,108
Sep 20222,0735,96984.888.16$224,685
Aug 20222,7887,92294.529.13$335,827
Jul 20224,12417,858101.587.54$553,602
Jun 20222,97012,525115.097.98$441,732
May 20224,59921,126109.378.43$681,149
Apr 20224,94125,383104.226.84$688,510
Mar 20225,10625,970108.885.08$687,775
Feb 20224,36125,64991.054.86$521,693
Jan 20226,47235,27381.844.54$689,726
Dec 20216,34137,60771.323.90$598,874
Nov 20216,60436,75677.435.24$703,833
Oct 20217,04842,07379.795.71$802,760
Sep 20216,91843,45469.865.35$715,810
Aug 20218,69642,67666.024.22$754,228
Jul 20219,55436,00770.783.98$819,615
Jun 20217,63925,46269.493.38$616,911
May 20219,38636,73663.483.02$706,680
Apr 202110,08746,90860.362.76$738,243
Mar 202110,19822,63861.302.72$686,643
Feb 20217,00010,07757.805.55$460,507
Jan 20218,55110,93350.412.81$461,781
Dec 20209,76811,34544.642.68$466,397
Nov 20209,0837,72338.772.71$373,051
Oct 20203,6052,38236.972.48$139,180
Sep 202029717937.091.99$11,372
Aug 20202,3181,60039.982.39$96,490
Jul 20204,1664,45438.371.83$167,979
Jun 20207,5416,75534.901.69$274,599
May 20204412416.921.81$970
Apr 20204,62810,40114.751.80$87,030
Mar 202010,03923,51130.341.86$348,225
Feb 20209,99224,47149.881.98$546,870
Jan 202011,53032,52057.252.09$728,213
Dec 201912,64534,19959.012.30$824,988
Nov 201912,55231,48155.302.75$780,720
Oct 201911,87031,67353.472.42$711,291
Sep 201915,15033,06855.052.66$921,878
Aug 201916,60532,21953.112.30$956,136
Jul 201916,23031,43256.272.46$990,587
Jun 201919,25738,86052.782.49$1,113,192
May 201921,22338,33258.482.74$1,346,163
Apr 201924,10438,49962.632.75$1,615,533
Mar 201927,56738,40656.803.06$1,683,409
Feb 201928,54237,67250.852.79$1,556,549
Jan 201935,01243,52046.033.23$1,752,093
Dec 201842,63341,53646.594.19$2,160,118
Nov 201843,72141,10352.934.24$2,488,316
Oct 201818,40117,01561.443.40$1,188,376
Sep 201843,20640,64259.543.11$2,698,801
Aug 201848,40648,26059.403.07$3,023,309
Jul 201852,22846,50765.142.93$3,538,485
Jun 20186,6335,43860.183.08$415,906

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                3,823 bbl  × $106.41 =   $406,805
Casinghead gas    16,671 Mcf  × $  3.05 =    $50,777

────────────────────────────────────────────────────
Month total                                 $457,583

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/50707 is the state's own key, not one this site invented.