PRESTON E13B

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 51241District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$40.4 M
Nov 2018 – May 2026
Value, last 12 filed months
$3.2 M
at the published price for each month
Months reported
91
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 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
OilDisposition536,803 bbl$31,253,168
Casinghead gasProduction2,616,113 Mcf$9,140,981
Total$40,394,149

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 31.7350, -101.8586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73498, -101.85855 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,920 ft
2 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.
2100.0%

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 9,433 and 10,406 ft, median 9,920 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2018 – Mar 2020
2 of 2 wells

2 wells

42-32943312105H10,406 ftMar 2020
42-32942171102H9,433 ftNov 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 (91)

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

91 months

May 20261,32528,221106.413.05$226,950
Apr 20261,16033,82598.932.87$211,827
Mar 20261,37738,72189.753.15$245,535
Feb 20261,60939,88463.503.75$251,749
Jan 20261,96747,87359.138.00$499,193
Dec 20251,87248,48456.664.41$320,045
Nov 20252,23361,85758.593.93$373,709
Oct 20252,30352,64759.383.30$310,742
Sep 20251,88534,23262.743.08$223,594
Aug 20251,75322,64163.933.01$180,326
Jul 20251,97121,97566.743.32$204,396
Jun 20252,02519,76266.483.13$196,452
May 20252,02520,38360.553.23$188,498
Apr 20251,87519,41362.363.54$185,708
Mar 20251,80619,25467.704.27$204,448
Feb 20251,87220,29070.884.34$220,763
Jan 20252,12721,10374.324.28$248,372
Dec 20242,18620,04868.993.12$213,389
Nov 20242,09718,77269.052.20$186,067
Oct 20242,12019,08971.372.28$194,854
Sep 20241,55917,41069.612.36$149,686
Aug 20242,54723,83575.632.06$241,816
Jul 20242,72822,31379.932.15$265,946
Jun 20242,42320,28478.082.63$242,615
May 20242,53620,63778.812.20$245,231
Apr 20242,45921,14684.451.66$242,748
Mar 20242,65321,43280.301.55$246,151
Feb 20242,87219,90876.091.78$254,039
Jan 20242,79217,69673.023.30$262,227
Dec 20233,53121,97271.262.61$308,982
Nov 20233,45419,51177.892.81$323,810
Oct 20233,78217,26485.443.09$376,433
Sep 20233,45317,07689.042.74$354,159
Aug 20232,2538,80980.522.67$204,957
Jul 20232,8883,42874.852.64$225,223
Jun 20232,6436,78968.962.26$197,594
May 20233,50324,13870.622.23$301,147
Apr 20233,36827,10878.122.24$323,769
Mar 20234,10929,44172.852.39$369,798
Feb 20233,46223,81475.112.47$318,749
Jan 20233,98725,79576.533.39$392,511
Dec 20224,10523,17676.415.73$446,440
Nov 20223,80923,79385.005.65$458,105
Oct 20224,33824,34687.185.86$520,946
Sep 20224,28423,13984.888.16$552,525
Aug 20224,43625,23394.529.13$649,596
Jul 20224,49627,801101.587.54$666,381
Jun 20224,74428,483115.097.98$773,202
May 20224,28025,964109.378.43$687,059
Apr 20224,59225,179104.226.84$650,742
Mar 20225,11225,028108.885.08$683,647
Feb 20224,51321,87391.054.86$517,186
Jan 20225,10724,00381.844.54$526,875
Dec 20215,27026,45471.323.90$479,004
Nov 20215,32728,70777.435.24$562,804
Oct 20215,95424,17779.795.71$613,214
Sep 20215,77629,16869.865.35$559,587
Aug 20216,10530,94166.024.22$533,641
Jul 20216,20732,08870.783.98$567,108
Jun 20216,29531,80769.493.38$544,967
May 20216,77431,07263.483.02$523,779
Apr 20217,08132,04260.362.76$515,794
Mar 20217,87532,35061.302.72$570,631
Feb 20216,19125,70657.805.55$500,455
Jan 20218,49337,84750.412.81$534,492
Dec 20208,94039,74444.642.68$505,415
Nov 20208,77938,98638.772.71$445,880
Oct 20209,99043,47236.972.48$477,073
Sep 202010,44542,66137.091.99$472,345
Aug 202011,68542,74539.982.39$569,117
Jul 202012,73841,06138.371.83$563,698
Jun 202013,36236,45834.901.69$527,959
May 202014,84333,56916.921.81$312,063
Apr 202016,66433,54014.751.80$306,313
Mar 202010,67221,64330.341.86$363,963
Feb 20209645749.881.98$5,694
Jan 20203,70430,33057.252.09$275,587
Dec 20195,03542,85859.012.30$395,876
Nov 20195,36540,33355.302.75$407,628
Oct 20196,04045,78053.472.42$433,680
Sep 20196,54143,47155.052.66$475,597
Aug 20197,26941,93053.112.30$482,678
Jul 20198,36747,90956.272.46$588,670
Jun 20199,47443,22852.782.49$607,727
May 201912,37535,99158.482.74$822,317
Apr 20198,71212,87562.632.75$581,048
Mar 201915,70039,65156.803.06$1,013,175
Feb 201915,18826,45750.852.79$846,184
Jan 201920,44230,80546.033.23$1,040,389
Dec 201824,70931,69846.594.19$1,283,862
Nov 201837,91449,80452.934.24$2,217,820

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                1,325 bbl  × $106.41 =   $140,993
Casinghead gas    28,221 Mcf  × $  3.05 =    $85,957

────────────────────────────────────────────────────
Month total                                 $226,950

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/51241 is the state's own key, not one this site invented.