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SHADY OAKS K 48-37

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 54368District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$23.5 M
May 2020 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
73
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
OilDisposition340,382 bbl$17,787,572
Casinghead gasProduction1,730,943 Mcf$5,664,524
Total$23,452,096

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 32.0428, -101.9596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04282, -101.95964 · 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
9,362 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 9,230 and 9,494 ft, median 9,362 ft, over the 2 wells that filed a depth.

Completions filed
May 2020
2 of 2 wells

2 wells

42-329435604411H9,494 ftMay 2020——
42-329435614211H9,230 ftMay 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 (73)

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

73 months

May 202660729,004106.413.05$152,932
Apr 202654224,49198.932.87$123,902
Mar 202667530,23589.753.15$155,805
Feb 202659124,99963.503.75$131,283
Jan 202662124,79059.138.00$234,988
Dec 202571226,09256.664.41$155,495
Nov 202570323,18058.593.93$132,204
Oct 202573223,81259.383.30$122,161
Sep 202569223,97562.743.08$117,185
Aug 202576325,39663.933.01$125,341
Jul 202580623,99866.743.32$133,351
Jun 202576822,16366.483.13$120,398
May 202590622,93860.553.23$129,001
Apr 202571418,16462.363.54$108,882
Mar 202570720,05067.704.27$133,444
Feb 202567116,65670.884.34$119,862
Jan 202574119,34874.324.28$137,855
Dec 202473021,00668.993.12$115,930
Nov 202480123,79569.052.20$107,621
Oct 202489124,00071.372.28$118,344
Sep 202489723,31869.612.36$117,572
Aug 202496125,88475.632.06$126,095
Jul 20241,04125,90779.932.15$138,819
Jun 20241,04123,77078.082.63$143,891
May 20241,06624,43978.812.20$137,739
Apr 20241,17723,40084.451.66$138,223
Mar 20241,29823,92280.301.55$141,192
Feb 202496421,41876.091.78$111,553
Jan 20241,19722,97173.023.30$163,155
Dec 20231,56324,79871.262.61$176,120
Nov 20231,71823,71177.892.81$200,385
Oct 20231,69429,44285.443.09$235,631
Sep 20231,80827,88889.042.74$237,259
Aug 20231,95231,14880.522.67$240,430
Jul 20232,16431,97774.852.64$246,452
Jun 20232,44130,46268.962.26$237,129
May 20232,55127,94670.622.23$242,399
Apr 20232,48422,26878.122.24$243,881
Mar 20231,51316,05172.852.39$148,635
Feb 20232,56222,20275.112.47$247,175
Jan 20232,93019,09976.533.39$288,935
Dec 20223,39428,41976.415.73$422,150
Nov 20223,26713,62385.005.65$354,613
Oct 20223,69419,28487.185.86$435,120
Sep 20223,79416,45084.888.16$456,327
Aug 20224,18713,38794.529.13$517,941
Jul 20224,82310,472101.587.54$568,901
Jun 20224,6895,365115.097.98$582,455
May 20224,7276,735109.378.43$573,789
Apr 20222,8554,606104.226.84$329,042
Mar 20223,5363,172108.885.08$401,102
Feb 20221,31491391.054.86$124,076
Jan 202291962181.844.54$78,029
Dec 202116914871.323.90$12,630
Nov 20211,14014,53177.435.24$164,367
Oct 20212,20323,78279.795.71$311,665
Sep 20212,67029,40169.865.35$343,849
Aug 20214,07326,52866.024.22$380,863
Jul 20214,13025,38170.783.98$393,391
Jun 20214,87826,05569.493.38$427,054
May 20216,50633,29863.483.02$513,483
Apr 20217,02833,65060.362.76$517,031
Mar 20218,30929,21761.302.72$588,723
Feb 20216,12523,97457.805.55$487,032
Jan 20218,82834,33750.412.81$541,516
Dec 202011,13742,49044.642.68$610,836
Nov 202011,80731,91138.772.71$544,127
Oct 202015,61032,99036.972.48$658,865
Sep 202019,70840,35937.091.99$811,326
Aug 202025,25246,72539.982.39$1,121,019
Jul 202033,51343,18138.371.83$1,364,704
Jun 202041,17745,04234.901.69$1,513,212
May 202035,52534,78316.921.81$664,205

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                  607 bbl  × $106.41 =    $64,591
Casinghead gas    29,004 Mcf  × $  3.05 =    $88,342

────────────────────────────────────────────────────
Month total                                 $152,932

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/54368 is the state's own key, not one this site invented.