SALE RANCH W20H

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 54381District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.9 M
Feb 2020 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
76
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
OilDisposition315,265 bbl$21,761,998
Casinghead gasProduction805,245 Mcf$3,117,586
Total$24,879,584

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 32.1759, -101.9753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17591, -101.97526 · 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
8,015 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 8,015 ft.

Completions filed
Aug 2020
1 of 1 wells

1 well

42-317425528H8,015 ftAug 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 (76)

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

76 months

May 20261,91011,635106.413.05$238,681
Apr 20261,74810,08498.932.87$201,868
Mar 20261,87010,00789.753.15$199,349
Feb 20261,2497,23563.503.75$106,445
Jan 20261,1016,45459.138.00$116,721
Dec 20251,84510,20156.664.41$149,558
Nov 20251,7369,19558.593.93$137,816
Oct 20251,8599,14359.383.30$140,604
Sep 20251,8468,82262.743.08$142,963
Aug 20251,9119,08463.933.01$149,556
Jul 20251,9629,66866.743.32$162,995
Jun 20251,8639,09566.483.13$152,308
May 20252,1628,87860.553.23$159,606
Apr 20251,1818,06362.363.54$102,215
Mar 202510067.704.27$677
Feb 20254492,36470.884.34$42,087
Jan 20252,21711,30974.324.28$213,155
Dec 20242,24410,56068.993.12$187,775
Nov 20242,57610,72369.052.20$201,447
Oct 20242,67710,93371.372.28$216,000
Sep 20242,47611,54469.612.36$199,649
Aug 20242,83410,95175.632.06$236,934
Jul 20241,3868,86479.932.15$129,810
Jun 20243081,57678.082.63$28,200
May 20242,31512,71278.812.20$210,392
Apr 20242,18919,45884.451.66$217,146
Mar 20242,16812,88280.301.55$193,995
Feb 20242,28212,84576.091.78$196,548
Jan 20242,45013,44973.023.30$223,249
Dec 20232,79412,76671.262.61$232,429
Nov 20232,40711,91277.892.81$220,925
Oct 20232,73712,75385.443.09$273,221
Sep 20232,41810,94689.042.74$245,236
Aug 20232,77612,59280.522.67$257,180
Jul 20232,67213,13874.852.64$234,707
Jun 20232,38611,49268.962.26$190,493
May 20232,79613,92570.622.23$228,470
Apr 20232,98413,55378.122.24$263,438
Mar 20233,08513,69672.852.39$257,519
Feb 20232,76113,89675.112.47$241,642
Jan 20233,32214,62976.533.39$303,792
Dec 20223,72213,96176.415.73$364,382
Nov 20223,88914,95585.005.65$415,004
Oct 20224,65416,11087.185.86$500,201
Sep 20224,45016,72984.888.16$514,286
Aug 20225,12916,30194.529.13$633,575
Jul 20225,69716,596101.587.54$703,870
Jun 20225,37914,872115.097.98$737,706
May 20226,74616,748109.378.43$879,047
Apr 20227,15213,812104.226.84$839,822
Mar 20225,03610,392108.885.08$601,074
Feb 20224,81310,38291.054.86$488,668
Jan 20224,7869,65881.844.54$435,511
Dec 20216,36112,14071.323.90$501,002
Nov 20215,35910,23677.435.24$468,552
Oct 20219,42413,77579.795.71$830,650
Sep 20216,3137,97869.865.35$483,716
Aug 20212,9795,86266.024.22$221,415
Jul 20218,85817,17270.783.98$695,350
Jun 20219,01516,68869.493.38$682,868
May 202110,48618,47263.483.02$721,394
Apr 202111,78717,89460.362.76$760,822
Mar 202114,38516,89061.302.72$927,690
Feb 20219,4999,58957.805.55$602,241
Jan 202116,55216,02750.412.81$879,427
Dec 202018,92614,39544.642.68$883,370
Nov 202018,35311,87438.772.71$743,684
Oct 20206,8234,12836.972.48$262,477
Sep 202010,9307,18937.091.99$419,707
Aug 20201,8001,38839.982.39$75,275
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

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                1,910 bbl  × $106.41 =   $203,243
Casinghead gas    11,635 Mcf  × $  3.05 =    $35,438

────────────────────────────────────────────────────
Month total                                 $238,681

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/54381 is the state's own key, not one this site invented.