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SALE RANCH 13D

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 51536District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.9 M
Dec 2018 – May 2026
Value, last 12 filed months
$1.6 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
OilDisposition243,636 bbl$14,011,396
Casinghead gasProduction256,323 Mcf$884,634
Total$14,896,030

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 32.2017, -101.8979. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20167, -101.89794 · 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
8,712 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 8,712 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-31741295104H8,712 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 20261,7643,272106.413.05$197,673
Apr 20261,5852,88898.932.87$165,092
Mar 20261,8223,03989.753.15$173,096
Feb 20269282,12563.503.75$66,897
Jan 20261,3803,69059.138.00$111,112
Dec 20251,7153,55156.664.41$112,844
Nov 20251,7153,73058.593.93$115,127
Oct 20252,0253,93659.383.30$133,252
Sep 20251,9973,73562.743.08$136,784
Aug 20252,2343,70563.933.01$153,989
Jul 20251,9281,63966.743.32$134,108
Jun 20251,6721,81266.483.13$116,824
May 20252,0062,19360.553.23$128,552
Apr 20251,3251,55262.363.54$88,126
Mar 20251,7891,52167.704.27$127,607
Feb 20251,44829470.884.34$103,910
Jan 20251,11521474.324.28$83,782
Dec 20246456368.993.12$44,695
Nov 202490018669.052.20$62,554
Oct 202466511771.372.28$47,728
Sep 20245628869.612.36$39,329
Aug 20242555175.632.06$19,391
Jul 202441579.932.15$3,288
Jun 20241812278.082.63$14,190
May 202457390178.812.20$47,139
Apr 2024283084.451.66$2,414
Mar 202443246180.301.55$35,402
Feb 20246421,28776.091.78$51,145
Jan 202445349273.023.30$34,701
Dec 20236681,46271.262.61$51,419
Nov 20238671,62277.892.81$72,084
Oct 20231,1832,05685.443.09$107,423
Sep 20231,3291,98489.042.74$123,760
Aug 20231,3271,32280.522.67$110,384
Jul 20237931,02874.852.64$62,072
Jun 202373888468.962.26$52,889
May 20231,02397370.622.23$74,412
Apr 20231,19687878.122.24$95,396
Mar 20231,10959672.852.39$82,217
Feb 20231,35290175.112.47$103,770
Jan 20231,6841,50876.533.39$133,985
Dec 20221,2792,55476.415.73$112,360
Nov 20221,0192,28285.005.65$99,500
Oct 20229361,84487.185.86$92,413
Sep 20221,7912,06084.888.16$168,837
Aug 20221,4712,29494.529.13$159,977
Jul 20221,6102,381101.587.54$181,501
Jun 20221,8192,478115.097.98$229,116
May 20221,8312,521109.378.43$221,516
Apr 20221,9982,552104.226.84$225,681
Mar 20222,3702,998108.885.08$273,265
Feb 20221,8742,59091.054.86$183,212
Jan 20222,1182,93881.844.54$186,669
Dec 20212,5672,48671.323.90$192,772
Nov 20212,0111,39277.435.24$163,001
Oct 20212,05787779.795.71$169,139
Sep 20211,50825469.865.35$106,708
Aug 20211,8891,28166.024.22$130,118
Jul 20211,84186870.783.98$133,762
Jun 202158293469.493.38$43,601
May 20213,2824,51163.483.02$221,954
Apr 20213,2811,17160.362.76$201,271
Mar 20213,59568161.302.72$222,224
Feb 20212,6001,01157.805.55$155,889
Jan 20213,7311,05150.412.81$191,033
Dec 20204,2111,67444.642.68$192,458
Nov 20204,21191438.772.71$165,734
Oct 20203,76140536.972.48$140,048
Sep 20203,85953637.091.99$144,198
Aug 20203,81174339.982.39$154,136
Jul 20204,18373238.371.83$161,838
Jun 20204,57480034.901.69$160,985
May 20205,23498616.921.81$90,349
Apr 20204,89578714.751.80$73,621
Mar 20205,08290630.341.86$155,870
Feb 20203,4902,62349.881.98$179,277
Jan 20203,4415,36257.252.09$208,229
Dec 20193,88512,88559.012.30$258,946
Nov 20194,0957,74555.302.75$247,758
Oct 20194,4327,38253.472.42$254,833
Sep 20193,0914,02355.052.66$180,850
Aug 20195,3647,98453.112.30$303,280
Jul 20193,0434,88356.272.46$183,242
Jun 20196,3679,93152.782.49$360,790
May 20197,1589,28258.482.74$444,035
Apr 201973165262.632.75$47,576
Mar 201910,97814,29356.803.06$667,317
Feb 201912,59517,95750.852.79$690,596
Jan 201919,83922,66646.033.23$986,359
Dec 201815,15212,35046.594.19$757,622

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                1,764 bbl  × $106.41 =   $187,707
Casinghead gas     3,272 Mcf  × $  3.05 =     $9,966

────────────────────────────────────────────────────
Month total                                 $197,673

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/51536 is the state's own key, not one this site invented.