COLONIAL L 1-12

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 55116District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$41.2 M
Jul 2020 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
71
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
OilDisposition444,719 bbl$32,280,155
Casinghead gasProduction2,191,553 Mcf$8,871,152
Total$41,151,308

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 32.0006, -101.9457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
9,023 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 8,605 and 9,440 ft, median 9,023 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2021
2 of 2 wells

2 wells

42-329443054312H9,440 ftJan 2021
42-329443062812H8,605 ftJan 2021

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 (71)

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

71 months

May 20262,04423,542106.413.05$289,207
Apr 20261,98721,54398.932.87$258,396
Mar 20262,35022,96189.753.15$283,227
Feb 20261,88427,76363.503.75$223,754
Jan 20261,72224,03059.138.00$294,012
Dec 20251,80622,32556.664.41$200,856
Nov 20251,95222,97858.593.93$204,589
Oct 20251,89521,96359.383.30$185,109
Sep 20252,24122,85262.743.08$210,914
Aug 20252,72722,58463.933.01$242,422
Jul 20252,21419,36566.743.32$211,961
Jun 20252,03919,77066.483.13$197,408
May 20251,93020,16460.553.23$182,038
Apr 20252,28523,45462.363.54$225,593
Mar 20252,40426,58667.704.27$276,228
Feb 20252,06325,39670.884.34$256,465
Jan 20252,49226,45074.324.28$298,377
Dec 20242,57326,74268.993.12$260,983
Nov 20242,46028,34669.052.20$232,180
Oct 20242,53530,20071.372.28$249,821
Sep 20242,40328,86469.612.36$235,518
Aug 20242,61630,90175.632.06$261,616
Jul 20242,55726,83479.932.15$261,983
Jun 20242,63328,58278.082.63$280,869
May 20242,79330,38778.812.20$286,920
Apr 20242,67231,76884.451.66$278,360
Mar 20242,89631,92380.301.55$281,874
Feb 20242,92930,17076.091.78$276,680
Jan 20243,44933,16573.023.30$361,213
Dec 20233,28035,42571.262.61$326,218
Nov 20233,89932,50677.892.81$394,956
Oct 20233,23030,38885.443.09$369,787
Sep 20233,61226,36189.042.74$393,711
Aug 20233,49726,79280.522.67$353,190
Jul 20234,05824,91274.852.64$369,554
Jun 20233,91422,89068.962.26$321,606
May 20234,08128,11370.622.23$350,819
Apr 20231,89828,22178.122.24$211,424
Mar 20235,12332,41372.852.39$450,780
Feb 20234,94734,69075.112.47$457,104
Jan 20235,28735,57176.533.39$525,119
Dec 20225,65141,22176.415.73$667,951
Nov 20225,91738,08885.005.65$717,997
Oct 20226,30128,50287.185.86$716,450
Sep 20226,38838,28584.888.16$854,760
Aug 20226,82834,76494.529.13$962,679
Jul 20226,31638,875101.587.54$934,778
Jun 20226,74346,691115.097.98$1,148,515
May 20227,16749,108109.378.43$1,197,985
Apr 20227,73947,656104.226.84$1,132,411
Mar 20228,45852,731108.885.08$1,188,591
Feb 20228,24842,78791.054.86$958,876
Jan 20226,18324,56081.844.54$617,462
Dec 202111,07136,85371.323.90$933,278
Nov 202111,04845,20477.435.24$1,092,173
Oct 202111,81646,07579.795.71$1,206,065
Sep 202113,30050,26469.865.35$1,198,097
Aug 202115,61550,64666.024.22$1,244,658
Jul 202116,44862,78670.783.98$1,414,208
Jun 202120,29168,73169.493.38$1,642,375
May 202124,58167,55563.483.02$1,764,261
Apr 202132,10565,27260.362.76$2,117,905
Mar 202140,57752,65961.302.72$2,630,441
Feb 202127,95627,23557.805.55$1,766,955
Jan 202122,59525,11550.412.81$1,209,594
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$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                2,044 bbl  × $106.41 =   $217,502
Casinghead gas    23,542 Mcf  × $  3.05 =    $71,705

────────────────────────────────────────────────────
Month total                                 $289,207

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/55116 is the state's own key, not one this site invented.