SALE RANCH W20J

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 54439District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$18.1 M
Aug 2020 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
70
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
OilDisposition252,734 bbl$16,507,804
Casinghead gasProduction347,039 Mcf$1,611,150
Total$18,118,954

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 32.1770, -101.9708. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17697, -101.97081 · 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
8,007 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 8,007 ft.

Completions filed
Aug 2020
1 of 1 wells

1 well

42-3174255410H8,007 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 (70)

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

70 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024356875.632.06$2,787
Jul 20247079.932.15$560
Jun 20245721,00278.082.63$47,301
May 20241,1311,93978.812.20$93,397
Apr 20241,3223,43984.451.66$117,349
Mar 20241,0591,80880.301.55$87,831
Feb 20241,1381,91976.091.78$90,013
Jan 20249961,17673.023.30$76,606
Dec 2023701571.262.61$5,027
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023494989.042.74$4,497
Aug 20231,1422,56280.522.67$98,802
Jul 20231,9123,78874.852.64$153,120
Jun 20231,4492,48368.962.26$105,531
May 20231,4051,48270.622.23$102,522
Apr 20235381,55778.122.24$45,513
Mar 202312072.852.39$874
Feb 202318075.112.47$1,352
Jan 20230076.533.39$0
Dec 20226076.415.73$458
Nov 20226085.005.65$510
Oct 20221,2703,35387.185.86$130,380
Sep 20225,63315,12484.888.16$601,597
Aug 20226,02115,97294.529.13$714,884
Jul 20226,51816,233101.587.54$784,529
Jun 20226,66415,324115.097.98$889,202
May 20226,92016,794109.378.43$898,465
Apr 20228,02215,325104.226.84$940,839
Mar 20228,60814,201108.885.08$1,009,329
Feb 20221,9333,16291.054.86$191,363
Jan 20226,88211,29581.844.54$614,476
Dec 20218,43012,49571.323.90$649,947
Nov 20217,0358,97077.435.24$591,695
Oct 20212,4951,41579.795.71$207,161
Sep 20213,0952,24569.865.35$228,230
Aug 20215,2057,26866.024.22$374,309
Jul 20215,4447,90470.783.98$416,801
Jun 20219,52915,62769.493.38$714,999
May 202110,86117,97763.483.02$743,705
Apr 202112,30718,02360.362.76$792,566
Mar 202115,36817,65761.302.72$990,031
Feb 20219,90810,74657.805.55$632,301
Jan 202115,15718,18850.412.81$815,178
Dec 202016,73017,08944.642.68$792,548
Nov 202020,23915,93438.772.71$827,793
Oct 202021,47413,23336.972.48$826,691
Sep 202015,09210,12337.091.99$579,918
Aug 20203,0272,07539.982.39$125,969

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.

Aug 2024 — as filed, then multipliedworked
Oil                   35 bbl  × $ 75.63 =     $2,647
Casinghead gas        68 Mcf  × $  2.06 =       $140

────────────────────────────────────────────────────
Month total                                   $2,787

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/54439 is the state's own key, not one this site invented.