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SALE RANCH W13D

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 53828District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$80.5 M
Nov 2019 – May 2026
Value, last 12 filed months
$4.1 M
at the published price for each month
Months reported
79
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
OilDisposition1,022,387 bbl$70,656,328
Casinghead gasProduction2,546,315 Mcf$9,886,732
Total$80,543,060

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 32.2477, -101.9225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.24770, -101.92254 · 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
8,777 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 8,360 and 9,193 ft, median 8,777 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2020 – Oct 2020
2 of 2 wells

2 wells

42-31742423204H9,193 ftOct 2020——
42-31742430404H8,360 ftSep 2020——

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 (79)

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

79 months

May 20262,73829,021106.413.05$379,744
Apr 202673115,86298.932.87$117,837
Mar 20263,18330,27489.753.15$381,020
Feb 20263,37427,94263.503.75$319,040
Jan 20263,91733,91759.138.00$502,878
Dec 20254,03030,90256.664.41$364,721
Nov 20253,31630,00758.593.93$312,105
Oct 20254,46832,17559.383.30$371,643
Sep 20254,54136,78462.743.08$398,084
Aug 20253,84331,61663.933.01$340,998
Jul 20253,63130,31566.743.32$342,833
Jun 20252,26724,75366.483.13$228,155
May 20253,14022,20760.553.23$261,907
Apr 20251,84519,11062.363.54$182,763
Mar 20255,18833,27967.704.27$493,273
Feb 20252,63527,94870.884.34$308,087
Jan 20256,22235,82774.324.28$615,711
Dec 20245,66934,49468.993.12$498,773
Nov 20246,27738,74469.052.20$518,603
Oct 20246,60638,42271.372.28$559,126
Sep 20246,78635,37169.612.36$556,003
Aug 20246,45030,90775.632.06$551,594
Jul 20246,52935,36179.932.15$597,769
Jun 20242,54124,15778.082.63$262,030
May 20244,17133,06278.812.20$401,401
Apr 20246,58939,75184.451.66$622,396
Mar 20247,25740,71880.301.55$645,652
Feb 20246,93638,10776.091.78$595,729
Jan 20245,76731,25473.023.30$524,171
Dec 20236,79332,44771.262.61$568,779
Nov 20236,70326,62477.892.81$596,845
Oct 20238,33334,11185.443.09$817,282
Sep 20238,01735,05889.042.74$809,719
Aug 20237,84237,02080.522.67$730,388
Jul 20238,87438,31574.852.64$765,439
Jun 20237,72334,25768.962.26$609,947
May 20238,72540,13070.622.23$705,545
Apr 202310,26539,26978.122.24$889,776
Mar 20238,82837,65772.852.39$733,239
Feb 20238,89342,16675.112.47$771,921
Jan 202310,04046,06276.533.39$924,406
Dec 20229,71838,03776.415.73$960,469
Nov 202213,89251,60885.005.65$1,472,209
Oct 202215,97648,91587.185.86$1,679,614
Sep 202218,00250,03584.888.16$1,936,479
Aug 202212,03536,28394.529.13$1,468,709
Jul 202218,21446,652101.587.54$2,202,031
Jun 202215,37043,048115.097.98$2,112,336
May 202219,56049,825109.378.43$2,559,453
Apr 202225,13048,739104.226.84$2,952,306
Mar 202215,50234,966108.885.08$1,865,359
Feb 202223,29944,46291.054.86$2,337,408
Jan 202232,46061,97481.844.54$2,937,745
Dec 202134,27954,60671.323.90$2,657,694
Nov 202128,32335,00677.435.24$2,376,371
Oct 202126,83629,04479.795.71$2,307,198
Sep 202123,40321,46569.865.35$1,749,791
Aug 202125,25422,39166.024.22$1,761,772
Jul 202121,75120,48670.783.98$1,621,113
Jun 202111,14415,68569.493.38$827,422
May 202148,09969,83163.483.02$3,264,051
Apr 202146,34066,49960.362.76$2,980,515
Mar 202147,74356,86961.302.72$3,081,156
Feb 202137,34938,39957.805.55$2,371,808
Jan 202148,81746,47450.412.81$2,591,469
Dec 202054,16449,50944.642.68$2,550,340
Nov 202052,17347,54538.772.71$2,151,431
Oct 202062,87260,12936.972.48$2,473,403
Sep 20202,9992,43037.091.99$116,071
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0

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                2,738 bbl  × $106.41 =   $291,351
Casinghead gas    29,021 Mcf  × $  3.05 =    $88,393

────────────────────────────────────────────────────
Month total                                 $379,744

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/53828 is the state's own key, not one this site invented.