STRAIN RANCH 24-25

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 50998District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$85.0 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
98
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
OilDisposition1,321,681 bbl$77,909,252
Casinghead gasProduction2,407,653 Mcf$7,047,620
Total$84,956,872

Wells on this lease (3)

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 32.2242, -101.7988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22415, -101.79877 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,726 ft
3 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.
3100.0%

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

Between 8,238 and 8,958 ft, median 8,726 ft, over the 3 wells that filed a depth.

Completions filed
May 2018 – Jul 2025
3 of 3 wells

3 wells

42-317410072815H8,238 ftJul 2025
42-317410064315H8,958 ftMay 2018
42-317410114215H8,726 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 (98)

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

98 months

May 20265607,192106.413.05$81,495
Apr 20263006,54698.932.87$48,464
Mar 20262766,74389.753.15$46,008
Feb 2026545,75363.503.75$25,005
Jan 20261575,27159.138.00$51,440
Dec 20254385,39756.664.41$48,636
Nov 20251,46910,39358.593.93$126,876
Oct 20251,66810,95759.383.30$135,257
Sep 20258539,46862.743.08$82,650
Aug 20251,43811,04963.933.01$125,241
Jul 20251,81312,90866.743.32$163,792
Jun 20252,47512,88166.483.13$204,839
May 20251,65912,74860.553.23$141,658
Apr 20251,6919,25462.363.54$138,239
Mar 20251,86410,18067.704.27$169,644
Feb 20252,10010,26770.884.34$193,415
Jan 20251,93811,68574.324.28$194,029
Dec 20241,86612,43268.993.12$167,540
Nov 20242,24112,17969.052.20$181,516
Oct 20242,51213,69671.372.28$210,527
Sep 20242,10512,57369.612.36$176,256
Aug 20242,16512,82375.632.06$190,201
Jul 20241,98611,28179.932.15$182,957
Jun 20243,11113,97278.082.63$279,709
May 20245,66017,49378.812.20$484,522
Apr 20245,27017,11984.451.66$473,455
Mar 20245,17816,32580.301.55$441,018
Feb 20245,54815,53876.091.78$449,862
Jan 20243,75214,40673.023.30$321,477
Dec 20235,60016,24671.262.61$441,470
Nov 20234,86814,49077.892.81$419,850
Oct 20235,62213,82985.443.09$523,038
Sep 20234,43112,13689.042.74$427,729
Aug 20236,40416,09480.522.67$558,667
Jul 20237,45916,92774.852.64$603,024
Jun 20237,40415,21768.962.26$544,947
May 20237,82616,27070.622.23$588,912
Apr 20238,00414,23078.122.24$657,116
Mar 20238,62115,27972.852.39$664,605
Feb 20238,12112,19075.112.47$640,025
Jan 202310,09612,69776.533.39$815,661
Dec 20225,9898,30176.415.73$505,177
Nov 20225,4856,61885.005.65$503,592
Oct 20226,5015,55487.185.86$599,325
Sep 20224,7472,64384.888.16$424,502
Aug 20227,9174,26594.529.13$787,242
Jul 202210,1025,674101.587.54$1,068,955
Jun 202210,3196,502115.097.98$1,239,481
May 20222651,357109.378.43$40,427
Apr 20224,4681,944104.226.84$478,947
Mar 2022977419108.885.08$108,503
Feb 20227,4827,98491.054.86$720,029
Jan 20227,6087,69281.844.54$657,543
Dec 20219,3889,37571.323.90$706,106
Nov 20219,7418,81477.435.24$800,403
Oct 202110,4969,04479.795.71$889,152
Sep 202110,3153,10369.865.35$737,210
Aug 202112,7788,06566.024.22$877,643
Jul 20211,42142670.783.98$102,275
Jun 20219,08021,59969.493.38$703,987
May 202113,80033,00663.483.02$975,625
Apr 202114,08529,90060.362.76$932,647
Mar 202115,94934,78461.302.72$1,072,180
Feb 20217,95616,80057.805.55$553,062
Jan 202114,60033,51650.412.81$830,175
Dec 202015,29523,50044.642.68$745,642
Nov 202015,67032,73938.772.71$696,136
Oct 202015,44535,24736.972.48$658,359
Sep 202015,35336,43037.091.99$641,976
Aug 202016,29339,64739.982.39$745,956
Jul 202017,47340,14038.371.83$743,699
Jun 202019,08438,25034.901.69$730,686
May 202016,78342,08216.921.81$360,337
Apr 202019,35739,89114.751.80$357,494
Mar 202020,79238,34030.341.86$701,997
Feb 202016,18031,91749.881.98$870,275
Jan 202021,67442,89857.252.09$1,330,697
Dec 201922,83644,81559.012.30$1,450,822
Nov 201923,47642,73755.302.75$1,415,779
Oct 201924,83244,05753.472.42$1,434,321
Sep 201923,01737,47755.052.66$1,366,673
Aug 201921,14438,51653.112.30$1,211,713
Jul 201923,63947,56956.272.46$1,447,189
Jun 201924,72150,80652.782.49$1,431,342
May 201927,43555,60958.482.74$1,756,785
Apr 201928,31259,77962.632.75$1,937,615
Mar 201931,75064,27756.803.06$2,000,223
Feb 201930,79761,59650.852.79$1,738,017
Jan 201936,76064,28146.033.23$1,899,573
Dec 201839,67467,12746.594.19$2,129,368
Nov 201842,61271,83752.934.24$2,559,844
Oct 201847,70976,39761.443.40$3,190,844
Sep 201853,11676,60559.543.11$3,400,615
Aug 201861,22679,42359.403.07$3,880,380
Jul 201870,90778,03165.142.93$4,847,660
Jun 201872,66974,88260.183.08$4,603,626
May 201857,57859,23265.382.90$3,936,270
Apr 20180063.842.90$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                  560 bbl  × $106.41 =    $59,590
Casinghead gas     7,192 Mcf  × $  3.05 =    $21,906

────────────────────────────────────────────────────
Month total                                  $81,495

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/50998 is the state's own key, not one this site invented.