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FRANCES 12-1-A

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 54558District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$68.3 M
Jan 2020 – May 2026
Value, last 12 filed months
$4.1 M
at the published price for each month
Months reported
77
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
OilDisposition1,120,086 bbl$61,767,391
Casinghead gasProduction2,098,979 Mcf$6,560,508
Total$68,327,899

Wells on this lease (3)

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 32.1719, -101.7963. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.17191, -101.79618 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,768 ft
3 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.
3100.0%

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 8,288 and 9,017 ft, median 8,768 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2020
3 of 3 wells

3 wells

42-317418164402H9,017 ftJan 2020——
42-317418182801H8,288 ftJan 2020——
42-317418174201H8,768 ftJan 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 (77)

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

77 months

May 20263,24625,642106.413.05$423,508
Apr 20263,49924,99698.932.87$417,888
Mar 20263,87225,98189.753.15$429,338
Feb 20263,76823,00463.503.75$325,540
Jan 20263,67821,33159.138.00$388,084
Dec 20253,82922,93456.664.41$318,167
Nov 20253,72524,72958.593.93$315,345
Oct 20253,31725,68659.383.30$281,852
Sep 20253,12825,78262.743.08$275,580
Aug 20252,63325,57063.933.01$245,415
Jul 20253,25527,76066.743.32$309,269
Jun 20254,03127,36266.483.13$353,589
May 20254,34829,00960.553.23$357,038
Apr 20254,43229,40462.363.54$380,561
Mar 20254,16127,13567.704.27$397,521
Feb 20254,55126,56270.884.34$437,876
Jan 20255,59728,39374.324.28$537,454
Dec 20245,92428,98668.993.12$499,173
Nov 20246,07426,58369.052.20$477,851
Oct 20244,51521,85771.372.28$372,100
Sep 20245,47427,31269.612.36$445,621
Aug 20246,19630,65775.632.06$531,868
Jul 20246,55732,23379.932.15$593,292
Jun 20246,87031,01278.082.63$618,095
May 20247,00329,08078.812.20$615,837
Apr 20245,90824,40484.451.66$539,422
Mar 20247,71931,10280.301.55$667,892
Feb 20247,68529,48576.091.78$637,342
Jan 20248,66730,99873.023.30$735,085
Dec 20237,33026,72871.262.61$592,115
Nov 20235,41121,72377.892.81$482,451
Oct 20238,91332,47985.443.09$861,798
Sep 20239,67532,21989.042.74$949,582
Aug 202310,73134,05480.522.67$955,082
Jul 202311,78535,13774.852.64$974,932
Jun 20239,28627,42168.962.26$702,292
May 20236,43620,28470.622.23$499,691
Apr 20236,53918,33778.122.24$551,860
Mar 20236,98219,32772.852.39$554,891
Feb 20237,17215,73275.112.47$577,479
Jan 20237,93116,12776.533.39$661,593
Dec 20228,07313,89976.415.73$696,486
Nov 202210,67115,97585.005.65$997,233
Oct 202211,31414,61087.185.86$1,072,024
Sep 202211,46513,04484.888.16$1,079,636
Aug 202212,89113,57994.529.13$1,342,395
Jul 202210,61510,609101.587.54$1,158,286
Jun 20229,20410,296115.097.98$1,141,422
May 20225,8826,060109.378.43$694,419
Apr 20224470104.226.84$5,064
Mar 2022980108.885.08$10,670
Feb 202210,16619,08391.054.86$1,018,336
Jan 202215,48328,43581.844.54$1,396,158
Dec 202116,82931,25571.323.90$1,322,111
Nov 202117,03429,74377.435.24$1,474,702
Oct 202118,49430,10479.795.71$1,647,647
Sep 202114,51521,29869.865.35$1,127,982
Aug 202118,72827,87266.024.22$1,354,059
Jul 202118,67226,18170.783.98$1,425,859
Jun 202120,60428,30469.493.38$1,527,457
May 202122,00430,08163.483.02$1,487,588
Apr 202123,48233,36560.362.76$1,509,408
Mar 202128,05131,90861.302.72$1,806,218
Feb 202114,58713,17657.805.55$916,228
Jan 202117,36020,07250.412.81$931,525
Dec 202030,03046,29044.642.68$1,464,386
Nov 202033,74544,12638.772.71$1,427,724
Oct 202037,35236,70936.972.48$1,471,884
Sep 202044,01340,60037.091.99$1,713,278
Aug 202014,45716,15439.982.39$616,520
Jul 202033,22127,24438.371.83$1,324,413
Jun 202026,60428,35334.901.69$976,405
May 202060,28866,38916.921.81$1,140,552
Apr 202062,76261,55814.751.80$1,036,814
Mar 202085,11277,15730.341.86$2,725,519
Feb 2020102,20190,15849.881.98$5,276,359
Jan 202012,18210,66557.252.09$719,760

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                3,246 bbl  × $106.41 =   $345,407
Casinghead gas    25,642 Mcf  × $  3.05 =    $78,101

────────────────────────────────────────────────────
Month total                                 $423,508

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/54558 is the state's own key, not one this site invented.