PRESTON N31J

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 51849District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$18.4 M
Jan 2019 – May 2026
Value, last 12 filed months
$495 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 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
OilDisposition236,366 bbl$13,442,343
Casinghead gasProduction1,495,723 Mcf$4,974,934
Total$18,417,277

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 31.7353, -101.8539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73532, -101.85391 · 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
8,970 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 8,970 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-3294154810H8,970 ftJan 2019

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 20261064,252106.413.05$24,230
Apr 2026742,23598.932.87$13,735
Mar 20261631,65189.753.15$19,829
Feb 20261235,26263.503.75$27,545
Jan 20261254,70659.138.00$45,029
Dec 20251616,53356.664.41$37,955
Nov 2025894,94658.593.93$24,635
Oct 20254689,79659.383.30$60,164
Sep 20255218,04362.743.08$57,435
Aug 20255367,22963.933.01$56,060
Jul 20256337,42966.743.32$66,875
Jun 20255488,06266.483.13$61,655
May 20255979,15760.553.23$65,747
Apr 20256946,89462.363.54$67,704
Mar 20257309,57967.704.27$90,307
Feb 20257027,46670.884.34$82,166
Jan 20257838,74974.324.28$95,627
Dec 202498811,68868.993.12$104,645
Nov 202480313,69169.052.20$85,546
Oct 202486613,18871.372.28$91,894
Sep 202492410,95469.612.36$90,219
Aug 202477211,20775.632.06$81,513
Jul 202480810,51879.932.15$87,161
Jun 20246119,78478.082.63$73,478
May 202466310,64478.812.20$75,651
Apr 202463110,35684.451.66$70,471
Mar 202466511,26680.301.55$70,807
Feb 202465711,86476.091.78$71,152
Jan 202475510,45773.023.30$89,614
Dec 202354613,89371.262.61$75,179
Nov 202359711,93677.892.81$80,011
Oct 202386712,09785.443.09$111,423
Sep 202387014,42689.042.74$116,920
Aug 202384119,21780.522.67$119,082
Jul 20231,08217,98274.852.64$128,493
Jun 202384114,68468.962.26$91,159
May 202368613,26770.622.23$77,996
Apr 202375513,53978.122.24$89,278
Mar 202382415,21772.852.39$96,445
Feb 202399513,83175.112.47$108,837
Jan 202370916,22176.533.39$109,212
Dec 202233617,51876.415.73$126,036
Nov 202248616,76785.005.65$135,980
Oct 202284517,51287.185.86$176,353
Sep 20221,01617,16384.888.16$226,351
Aug 202291917,35694.529.13$245,275
Jul 202285217,607101.587.54$219,340
Jun 20221,46817,893115.097.98$311,688
May 20221,69618,525109.378.43$341,714
Apr 20221,65717,181104.226.84$290,169
Mar 20221,81216,721108.885.08$282,173
Feb 20221,46614,51891.054.86$204,020
Jan 20221,47816,35581.844.54$195,173
Dec 20211,11015,92171.323.90$141,243
Nov 20211,68216,57177.435.24$217,017
Oct 20211,72218,12579.795.71$240,962
Sep 20211,60518,38169.865.35$210,481
Aug 20212,12921,27066.024.22$230,329
Jul 20211,29421,50670.783.98$177,228
Jun 20212,00520,12569.493.38$207,362
May 20212,40820,03163.483.02$213,307
Apr 20212,61419,16760.362.76$210,652
Mar 20212,54016,98961.302.72$201,860
Feb 20211,61415,27157.805.55$178,012
Jan 20212,89423,10950.412.81$210,829
Dec 20203,26023,77044.642.68$209,122
Nov 20202,98820,94838.772.71$172,542
Oct 20203,42225,52636.972.48$189,776
Sep 20203,82821,06437.091.99$183,920
Aug 20203,19917,01339.982.39$168,474
Jul 20203,90222,84138.371.83$191,407
Jun 20204,36424,55734.901.69$193,813
May 20204,83529,41016.921.81$135,180
Apr 20204,86030,26414.751.80$126,293
Mar 20205,76031,99130.341.86$234,141
Feb 20205,26930,41549.881.98$323,060
Jan 20206,63733,38857.252.09$449,907
Dec 20196,54231,92159.012.30$459,601
Nov 20196,71131,75055.302.75$458,453
Oct 20197,64632,70053.472.42$487,918
Sep 20198,39633,12755.052.66$550,228
Aug 20199,15932,71353.112.30$561,817
Jul 20199,51430,42956.272.46$610,210
Jun 201911,14232,12552.782.49$668,105
May 201912,33731,45358.482.74$807,659
Apr 201913,55826,24862.632.75$921,338
Mar 201915,93124,20556.803.06$978,999
Feb 201916,78419,88350.852.79$908,984
Jan 20192,8652,48446.033.23$139,895

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                  106 bbl  × $106.41 =    $11,279
Casinghead gas     4,252 Mcf  × $  3.05 =    $12,951

────────────────────────────────────────────────────
Month total                                  $24,230

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/51849 is the state's own key, not one this site invented.