POWELL

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 51018District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.6 M
Jan 2019 – May 2026
Value, last 12 filed months
$216 k
at the published price for each month
Months reported
89
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
OilDisposition33,771 bbl$2,083,203
Casinghead gasProduction147,671 Mcf$479,200
Total$2,562,403

Wells on this lease (2)

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 31.8985, -101.6467. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.89853, -101.64671 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
10,770 ft
2 wells filed one
Completion to plug
25.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 10,463 and 11,076 ft, median 10,770 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1999 – Jan 2019
2 of 2 wells
Plug dates filed
Aug 2025
1 of 2 wells; 1 filed none

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-17338003810,463 ftJan 2019
42-17331337111,076 ftNov 1999Aug 2025Yes

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 (89)

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

89 months

May 202603106.413.05$9
Apr 202604698.932.87$132
Mar 202654794089.753.15$52,054
Feb 202601,11863.503.75$4,193
Jan 2026024559.138.00$1,959
Dec 202534748056.664.41$21,779
Nov 202519575558.593.93$14,390
Oct 202535894059.383.30$24,365
Sep 202518796862.743.08$14,711
Aug 20251811,24363.933.01$15,319
Jul 20253611,17266.743.32$27,979
Jun 20255371,12066.483.13$39,204
May 20251781,21560.553.23$14,705
Apr 20255351,35862.363.54$38,174
Mar 20253601,56367.704.27$31,043
Feb 202501,05670.884.34$4,584
Jan 20255481,35974.324.28$46,542
Dec 20243641,39768.993.12$29,473
Nov 20245441,39869.052.20$40,637
Oct 20243621,56371.372.28$29,402
Sep 20243611,52569.612.36$28,735
Aug 20245471,51775.632.06$44,500
Jul 20243581,48779.932.15$31,807
Jun 20243551,55678.082.63$31,817
May 20243631,62278.812.20$32,174
Apr 20243581,60884.451.66$32,901
Mar 20243571,75980.301.55$31,385
Feb 20241,0872,44976.091.78$87,078
Jan 202436486973.023.30$29,445
Dec 202302,12971.262.61$5,558
Nov 20237231,34677.892.81$60,093
Oct 20233551,21785.443.09$34,088
Sep 202301,96589.042.74$5,374
Aug 202301,17980.522.67$3,151
Jul 20231741,07174.852.64$15,853
Jun 202301,06568.962.26$2,405
May 202301,37470.622.23$3,060
Apr 202301,36378.122.24$3,050
Mar 20233541,40872.852.39$29,158
Feb 20231131,29075.112.47$11,668
Jan 202301,47376.533.39$4,990
Dec 20223601,38576.415.73$35,442
Nov 202201,34985.005.65$7,617
Oct 20221771,47287.185.86$24,062
Sep 20223521,68184.888.16$43,601
Aug 20227041,71894.529.13$82,223
Jul 202201,675101.587.54$12,633
Jun 202202,087115.097.98$16,648
May 20220295109.378.43$2,488
Apr 20223601,990104.226.84$51,126
Mar 20220657108.885.08$3,335
Feb 2022098491.054.86$4,781
Jan 2022071581.844.54$3,244
Dec 2021881,94771.323.90$13,868
Nov 202101,01777.435.24$5,326
Oct 202101,50179.795.71$8,577
Sep 202101,52069.865.35$8,133
Aug 202101,70766.024.22$7,205
Jul 202101,74670.783.98$6,953
Jun 202101,68669.493.38$5,700
May 202101,82063.483.02$5,492
Apr 20218472,49360.362.76$58,002
Mar 20216803,07761.302.72$50,044
Feb 20215072,16957.805.55$41,338
Jan 20211,0293,13050.412.81$60,668
Dec 20205072,58944.642.68$29,559
Nov 20203352,53638.772.71$19,852
Oct 202001,51636.972.48$3,757
Sep 202001,66937.091.99$3,323
Aug 2020013139.982.39$312
Jul 202001,55338.371.83$2,834
Jun 20203372,10034.901.69$15,311
May 20205053,13716.921.81$14,237
Apr 20203571,77814.751.80$8,474
Mar 20205472,94130.341.86$22,055
Feb 20205392,33849.881.98$31,516
Jan 20207322,44957.252.09$47,037
Dec 20191,0874,65059.012.30$74,859
Nov 201901,12155.302.75$3,084
Oct 201902,08653.472.42$5,045
Sep 20197224,31355.052.66$51,207
Aug 20191,0874,64953.112.30$68,444
Jul 20191,2443,94756.272.46$79,710
Jun 20191,429052.782.49$75,423
May 20191,272058.482.74$74,387
Apr 20191,8036,00062.632.75$129,426
Mar 20191,8044,52856.803.06$116,332
Feb 20192,887050.852.79$146,804
Jan 2019060846.033.23$1,963

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                    0 bbl  × $106.41 =         $0
Casinghead gas         3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/51018 is the state's own key, not one this site invented.