ODANIEL-FLOYD W1V

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 53886District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$29.0 M
Nov 2019 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
79
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 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
OilDisposition379,034 bbl$20,834,614
Casinghead gasProduction2,336,440 Mcf$8,134,404
Total$28,969,019

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 31.9054, -101.8361. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90536, -101.83605 · 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
9,211 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 9,211 ft.

Completions filed
Nov 2019
1 of 1 wells

1 well

42-3294316922H9,211 ftNov 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 (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 202684217,242106.413.05$142,114
Apr 20261,11614,63498.932.87$152,401
Mar 20261,22515,58989.753.15$159,040
Feb 202674011,55063.503.75$90,306
Jan 20261,03817,13759.138.00$198,437
Dec 20251,15817,94356.664.41$144,801
Nov 202552511,65458.593.93$76,518
Oct 20251,16920,67859.383.30$137,753
Sep 20251,29219,06662.743.08$139,725
Aug 20251,14418,44263.933.01$128,734
Jul 20251,01219,03266.743.32$130,636
Jun 20251,15719,47266.483.13$137,840
May 20251,27320,75260.553.23$144,157
Apr 20251,34121,12562.363.54$158,473
Mar 20251,53623,16367.704.27$202,854
Feb 20251,15513,44270.884.34$140,216
Jan 20251,55611,10974.324.28$163,174
Dec 20241,31021,05568.993.12$156,097
Nov 20241,33716,85669.052.20$129,377
Oct 20241,9714,19471.372.28$150,238
Sep 20241,00116,03969.612.36$107,602
Aug 202499620,90275.632.06$118,461
Jul 20241,20719,90579.932.15$139,203
Jun 20241,55021,41678.082.63$177,433
May 20241,33020,37478.812.20$149,608
Apr 20241,74121,92384.451.66$183,402
Mar 20241,82921,53280.301.55$180,138
Feb 20241,42117,41176.091.78$139,179
Jan 20241,64218,20973.023.30$179,946
Dec 20231,82820,41571.262.61$183,561
Nov 20231,88117,39177.892.81$195,337
Oct 20231,52516,22685.443.09$180,390
Sep 20232,2359,12189.042.74$223,951
Aug 20231,05318,96680.522.67$135,481
Jul 20231,80030,15074.852.64$214,380
Jun 20231,90627,50568.962.26$193,557
May 20231,65024,90270.622.23$171,990
Apr 20231,29622,61578.122.24$151,850
Mar 20231,90331,00372.852.39$212,829
Feb 20232,02728,30175.112.47$222,029
Jan 20231,90127,64076.533.39$239,120
Dec 20222,64526,56576.415.73$354,297
Nov 20222,05722,64985.005.65$302,726
Oct 20222,36725,41787.185.86$355,394
Sep 20222,22725,72084.888.16$398,998
Aug 20222,26126,67994.529.13$457,213
Jul 20222,41526,620101.587.54$446,086
Jun 20222,61929,614115.097.98$537,658
May 20222,74932,540109.378.43$575,069
Apr 20223,14337,971104.226.84$587,194
Mar 20223,75041,774108.885.08$620,362
Feb 20223,71737,72691.054.86$521,737
Jan 20224,22235,13081.844.54$504,937
Dec 20215,38932,47771.323.90$510,975
Nov 20214,79427,84977.435.24$517,040
Oct 20214,03242,48479.795.71$564,461
Sep 20213,96141,52169.865.35$498,891
Aug 20214,61345,89966.024.22$498,271
Jul 20214,97048,56470.783.98$545,162
Jun 20215,49450,54469.493.38$552,648
May 20215,84646,03863.483.02$510,032
Apr 20215,92746,76160.362.76$486,740
Mar 20216,85745,84361.302.72$544,887
Feb 20214,38923,25957.805.55$382,724
Jan 20217,64643,30250.412.81$507,125
Dec 20208,16049,52444.642.68$496,762
Nov 20209,67160,47338.772.71$538,619
Oct 202011,20258,63836.972.48$559,468
Sep 202011,43651,80337.091.99$527,303
Aug 202013,83264,01239.982.39$705,678
Jul 202016,26860,45238.371.83$734,535
Jun 202015,27751,30634.901.69$619,890
May 202013,96657,51016.921.81$340,671
Apr 202018,36353,76514.751.80$367,867
Mar 202020,48751,20230.341.86$716,618
Feb 202020,94139,62649.881.98$1,123,023
Jan 202025,72638,78157.252.09$1,554,050
Dec 201926,17133,89459.012.30$1,622,455
Nov 201911,82516,42755.302.75$699,108

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                  842 bbl  × $106.41 =    $89,597
Casinghead gas    17,242 Mcf  × $  3.05 =    $52,516

────────────────────────────────────────────────────
Month total                                 $142,114

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/53886 is the state's own key, not one this site invented.