PRESTON E13A

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 51399District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$53.0 M
Nov 2018 – May 2026
Value, last 12 filed months
$3.8 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
OilDisposition716,591 bbl$43,253,821
Casinghead gasProduction2,910,779 Mcf$9,790,752
Total$53,044,573

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 31.7341, -101.8611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73410, -101.86111 · 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
9,956 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 9,425 and 10,487 ft, median 9,956 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2018 – Mar 2020
2 of 2 wells

2 wells

42-32943311104H10,487 ftMar 2020
42-32942170101H9,425 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 20262,56720,417106.413.05$335,341
Apr 20262,23321,22798.932.87$281,826
Mar 20262,92427,05989.753.15$347,650
Feb 20262,93922,32063.503.75$270,334
Jan 20263,20219,98559.138.00$349,173
Dec 20253,02124,45456.664.41$279,094
Nov 20253,52728,37358.593.93$318,052
Oct 20253,92531,20759.383.30$336,201
Sep 20252,85528,76462.743.08$267,627
Aug 20253,01629,69563.933.01$282,336
Jul 20253,65332,19166.743.32$350,521
Jun 20253,95228,36166.483.13$351,463
May 20253,75229,03160.553.23$321,021
Apr 20253,57220,48562.363.54$295,331
Mar 20253,59423,52367.704.27$343,717
Feb 20253,31617,21870.884.34$309,779
Jan 20254,26918,94274.324.28$398,319
Dec 20244,16427,37868.993.12$372,731
Nov 20244,44622,59869.052.20$356,677
Oct 20244,69920,64371.372.28$382,463
Sep 20244,83721,67769.612.36$387,956
Aug 20245,28725,98375.632.06$453,475
Jul 20245,62423,75379.932.15$500,514
Jun 20244,97925,60578.082.63$456,203
May 20245,18924,53278.812.20$462,877
Apr 20245,04127,55084.451.66$471,423
Mar 20245,43527,59480.301.55$479,067
Feb 20245,81527,83176.091.78$492,104
Jan 20244,97728,47273.023.30$457,312
Dec 20236,33433,42871.262.61$538,632
Nov 20236,01430,01577.892.81$552,699
Oct 20234,60727,55285.443.09$478,683
Sep 20234,81530,27489.042.74$511,528
Aug 20232,44610,03280.522.67$223,766
Jul 20231,1427,50074.852.64$105,292
Jun 20231,50725,24468.962.26$160,936
May 20234,91929,98870.622.23$414,175
Apr 20235,72131,72578.122.24$517,917
Mar 20235,45230,61272.852.39$470,438
Feb 20237,93228,30175.112.47$665,554
Jan 20236,82633,84576.533.39$637,051
Dec 20226,58032,59276.415.73$689,500
Nov 20227,16233,37385.005.65$797,201
Oct 20228,26129,97087.185.86$895,931
Sep 20227,57121,36384.888.16$817,027
Aug 20227,34620,79894.529.13$884,171
Jul 20227,36425,343101.587.54$939,174
Jun 20227,14925,488115.097.98$1,026,101
May 20227,56632,714109.378.43$1,103,372
Apr 20227,66531,615104.226.84$1,015,017
Mar 20226,43133,622108.885.08$870,886
Feb 20225,96431,84091.054.86$697,728
Jan 20227,06032,86481.844.54$726,917
Dec 20216,85531,93771.323.90$613,425
Nov 20216,81831,93377.435.24$695,146
Oct 20217,88229,17779.795.71$795,618
Sep 20217,62735,15469.865.35$720,928
Aug 20218,26239,73166.024.22$713,146
Jul 20218,73741,98870.783.98$785,604
Jun 20219,00042,09969.493.38$767,731
May 20219,29541,59863.483.02$715,576
Apr 20219,50141,66860.362.76$688,418
Mar 202110,65944,85461.302.72$775,262
Feb 20217,92232,33757.805.55$637,296
Jan 202110,95845,28450.412.81$679,653
Dec 202010,78044,82544.642.68$601,147
Nov 202010,45246,76638.772.71$531,799
Oct 202012,41051,87136.972.48$587,356
Sep 202012,76148,66137.091.99$570,191
Aug 202014,20152,17739.982.39$692,203
Jul 202015,35355,70338.371.83$690,759
Jun 202016,45054,67034.901.69$666,514
May 202018,86451,53616.921.81$412,704
Apr 202022,05749,57014.751.80$414,784
Mar 202016,69833,78930.341.86$569,337
Feb 202019849349.881.98$10,853
Jan 20205,03533,41257.252.09$358,243
Dec 20198,19045,96859.012.30$589,219
Nov 20196,94248,45755.302.75$517,183
Oct 20197,13339,57253.472.42$477,108
Sep 20197,38638,90455.052.66$509,978
Aug 20199,11643,70953.112.30$584,872
Jul 201910,48649,69156.272.46$712,290
Jun 201912,09948,99552.782.49$760,642
May 201915,86735,46858.482.74$1,025,096
Apr 20195,7288,39162.632.75$381,826
Mar 201915,08834,11956.803.06$961,474
Feb 201918,55132,35950.852.79$1,033,672
Jan 201923,00234,96946.033.23$1,171,668
Dec 201827,67436,43746.594.19$1,441,837
Nov 201829,91035,54152.934.24$1,733,732

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                2,567 bbl  × $106.41 =   $273,154
Casinghead gas    20,417 Mcf  × $  3.05 =    $62,187

────────────────────────────────────────────────────
Month total                                 $335,341

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/51399 is the state's own key, not one this site invented.