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PRESTON E13G

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 52227District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$28.9 M
May 2019 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
85
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 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
OilDisposition388,174 bbl$21,245,349
Casinghead gasProduction2,156,886 Mcf$7,633,404
Total$28,878,753

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 31.7339, -101.8625. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73392, -101.86246 · 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
9,027 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 9,027 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-32942572107H9,027 ftMay 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 (85)

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

85 months

May 20261,03715,504106.413.05$157,570
Apr 2026531,92098.932.87$10,753
Mar 20261652,58789.753.15$22,956
Feb 202665410,84863.503.75$82,212
Jan 20261,21214,86159.138.00$190,523
Dec 20253547,11056.664.41$51,437
Nov 20256459,92758.593.93$76,768
Oct 20251,04518,33059.383.30$122,630
Sep 202582715,42862.743.08$99,357
Aug 202582418,79063.933.01$109,326
Jul 202558021,91166.743.32$111,349
Jun 202519615,14966.483.13$60,427
May 202594425,28960.553.23$138,901
Apr 20251,11323,40362.363.54$152,326
Mar 20251,07219,63467.704.27$156,379
Feb 20251,18124,70070.884.34$190,928
Jan 202589416,02874.324.28$135,021
Dec 20241,08520,86968.993.12$139,994
Nov 20241,16620,50669.052.20$125,594
Oct 202499317,74071.372.28$111,342
Sep 202498220,00669.612.36$115,658
Aug 20241,30421,98175.632.06$143,982
Jul 20241,03218,94579.932.15$123,155
Jun 202460015,03878.082.63$86,458
May 20241,02418,10278.812.20$120,498
Apr 20241,11917,38584.451.66$123,345
Mar 20241,01816,68380.301.55$107,523
Feb 202468617,29476.091.78$83,044
Jan 202473817,65773.023.30$112,116
Dec 20231,00319,23071.262.61$121,678
Nov 202396719,48177.892.81$130,014
Oct 20231,19624,66885.443.09$178,343
Sep 20231,02422,80489.042.74$153,547
Aug 20231,01221,15480.522.67$138,028
Jul 20231,61317,86874.852.64$167,937
Jun 20231,47923,29568.962.26$154,603
May 20231,18819,66470.622.23$127,696
Apr 20231,48721,16578.122.24$163,527
Mar 202361622,27372.852.39$98,178
Feb 20231,49118,69175.112.47$158,075
Jan 20231,24822,38876.533.39$171,354
Dec 20221,44523,61276.415.73$245,687
Nov 20221,54624,43985.005.65$269,397
Oct 20221,72626,21687.185.86$304,197
Sep 20221,76926,34784.888.16$365,241
Aug 20221,87025,58294.529.13$410,243
Jul 20221,72131,776101.587.54$414,476
Jun 20222,13633,395115.097.98$512,231
May 20222,06431,514109.378.43$491,499
Apr 20222,30031,195104.226.84$453,005
Mar 20222,56231,682108.885.08$439,781
Feb 20222,36328,38991.054.86$353,089
Jan 20222,43233,16981.844.54$349,545
Dec 20212,74134,59971.323.90$330,394
Nov 20213,03733,95177.435.24$412,951
Oct 20213,59332,03879.795.71$469,746
Sep 20213,51935,51769.865.35$435,886
Aug 20213,77637,56266.024.22$407,825
Jul 20214,03339,45070.783.98$442,549
Jun 20214,11537,98569.493.38$414,364
May 20214,89140,25163.483.02$431,945
Apr 20215,05638,77360.362.76$412,132
Mar 20215,72037,72561.302.72$453,133
Feb 20214,01528,91757.805.55$392,497
Jan 20215,99145,47350.412.81$429,798
Dec 20206,89245,13644.642.68$428,418
Nov 20207,02343,62438.772.71$390,353
Oct 20208,18947,98036.972.48$421,662
Sep 20208,57446,94037.091.99$411,469
Aug 20209,72549,65439.982.39$507,235
Jul 202010,88948,42638.371.83$506,194
Jun 202010,89239,74234.901.69$447,307
May 202010,99033,14416.921.81$246,099
Apr 202011,70332,91914.751.80$232,018
Mar 202014,47935,97030.341.86$506,061
Feb 202014,66331,56649.881.98$793,912
Jan 202014,69528,34257.252.09$900,658
Dec 201916,35728,17259.012.30$1,030,145
Nov 201916,65422,87255.302.75$983,880
Oct 201919,23420,85153.472.42$1,078,871
Sep 201918,67817,57155.052.66$1,074,915
Aug 201920,20416,10353.112.30$1,110,142
Jul 201922,07917,57356.272.46$1,285,616
Jun 201923,31817,15152.782.49$1,273,451
May 20199,6487,28758.482.74$584,184

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                1,037 bbl  × $106.41 =   $110,347
Casinghead gas    15,504 Mcf  × $  3.05 =    $47,223

────────────────────────────────────────────────────
Month total                                 $157,570

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/52227 is the state's own key, not one this site invented.