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SALE RANCH 13B

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 51532District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$12.0 M
Dec 2018 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
90
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition184,626 bbl$11,067,830
Casinghead gasProduction269,515 Mcf$969,281
Total$12,037,111

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 32.2013, -101.9008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20130, -101.90081 · 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
8,719 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 8,719 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-31741293102H8,719 ftDec 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 (90)

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

90 months

May 20261,8483,431106.413.05$207,096
Apr 20261,7323,30198.932.87$180,820
Mar 20261,9824,29989.753.15$191,424
Feb 20261,8213,75163.503.75$129,701
Jan 20261,5313,78659.138.00$120,808
Dec 20251,9934,93156.664.41$134,686
Nov 20251,8843,38358.593.93$123,667
Oct 20251,34271459.383.30$82,048
Sep 2025501462.743.08$3,180
Aug 20251223163.933.01$7,893
Jul 202546843166.743.32$32,663
Jun 202550344666.483.13$34,835
May 202577064160.553.23$48,695
Apr 202542843962.363.54$28,246
Mar 202572464667.704.27$51,772
Feb 202595633770.884.34$69,224
Jan 20254117974.324.28$30,884
Dec 20241691768.993.12$11,712
Nov 202414218369.052.20$10,207
Oct 202416013371.372.28$11,723
Sep 20241791569.612.36$12,496
Aug 20241451475.632.06$10,995
Jul 20241,38299079.932.15$112,588
Jun 20241,7091,07078.082.63$136,257
May 202476529878.812.20$60,945
Apr 20243711,85684.451.66$34,410
Mar 20241,1706,58480.301.55$104,124
Feb 20241,2245,21076.091.78$102,427
Jan 20248463,55673.023.30$73,501
Dec 20239916,10371.262.61$86,552
Nov 20231,0186,17177.892.81$96,617
Oct 20231,1725,86585.443.09$118,243
Sep 20231,3205,39089.042.74$132,275
Aug 20231,3094,12580.522.67$116,426
Jul 20231,2714,74174.852.64$107,659
Jun 20231,1993,68268.962.26$90,999
May 20231,4354,13470.622.23$110,548
Apr 20231,1963,21078.122.24$100,615
Mar 20231,3913,87272.852.39$110,601
Feb 20231,2342,83375.112.47$99,671
Jan 20231,5663,07276.533.39$130,253
Dec 20221,2692,59376.415.73$111,820
Nov 20221,2512,42385.005.65$120,016
Oct 20221,2001,92987.185.86$115,927
Sep 20221,3742,33784.888.16$135,704
Aug 20221,9936,93494.529.13$251,666
Jul 20222,3198,719101.587.54$301,323
Jun 20222,2765,912115.097.98$309,106
May 2022911259109.378.43$101,820
Apr 20226152,126104.226.84$78,632
Mar 20221,0602,039108.885.08$125,764
Feb 20229181,47391.054.86$90,741
Jan 20221,3481,83981.844.54$118,665
Dec 20211,0561,23771.323.90$80,137
Nov 202192395477.435.24$76,464
Oct 20211,14341979.795.71$93,594
Sep 20211,25828069.865.35$89,382
Aug 20211,77754766.024.22$119,626
Jul 20211,91326470.783.98$136,453
Jun 202131229769.493.38$22,685
May 20211,9112,71963.483.02$129,515
Apr 20211,9911,26360.362.76$123,661
Mar 20211,73319061.302.72$106,749
Feb 20211,48813457.805.55$86,750
Jan 20211,93221250.412.81$97,988
Dec 20202,10123044.642.68$94,404
Nov 20202,61329938.772.71$102,115
Oct 20202,54527536.972.48$94,770
Sep 20201,95527437.091.99$73,056
Aug 20204016739.982.39$16,192
Jul 20202,75443538.371.83$106,465
Jun 20202,25636334.901.69$79,348
May 20202,97349116.921.81$51,194
Apr 20203,03448914.751.80$45,634
Mar 20201,61449530.341.86$49,888
Feb 202047282449.881.98$25,175
Jan 202042484957.252.09$26,052
Dec 20191,1141,76659.012.30$69,807
Nov 20191,4872,98755.302.75$90,447
Oct 20191,6013,75153.472.42$94,677
Sep 20192,5793,28055.052.66$150,690
Aug 20192,4051,61353.112.30$131,446
Jul 20199741,06056.272.46$57,415
Jun 20191,1822,30452.782.49$68,126
May 20199,17716,13158.482.74$580,875
Apr 20197,61912,57962.632.75$511,779
Mar 20199,43614,65656.803.06$580,843
Feb 201912,22818,79850.852.79$674,282
Jan 201920,66222,60646.033.23$1,024,048
Dec 201815,12012,01046.594.19$754,708

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                1,848 bbl  × $106.41 =   $196,646
Casinghead gas     3,431 Mcf  × $  3.05 =    $10,450

────────────────────────────────────────────────────
Month total                                 $207,096

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/51532 is the state's own key, not one this site invented.