COLONIAL K 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 55126District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$15.2 M
Jul 2020 – May 2026
Value, last 12 filed months
$813 k
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
OilDisposition168,753 bbl$11,692,943
Casinghead gasProduction910,407 Mcf$3,514,236
Total$15,207,178

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 32.0006, -101.9463. 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,169 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 9,169 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-329443044211H9,169 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 202643110,218106.413.05$76,985
Apr 20261303,14798.932.87$21,892
Mar 202651313,21489.753.15$87,658
Feb 202647911,18363.503.75$72,356
Jan 202641412,06159.138.00$120,943
Dec 202557411,64456.664.41$83,912
Nov 20254287,91558.593.93$56,154
Oct 20252317,80859.383.30$39,521
Sep 202543513,20962.743.08$67,935
Aug 202558615,49263.933.01$84,168
Jul 20253669,78066.743.32$56,850
Jun 20253486,85466.483.13$44,579
May 20254107,61560.553.23$49,440
Apr 20254547,61162.363.54$55,278
Mar 20254627,62567.704.27$63,823
Feb 20254517,09670.884.34$62,769
Jan 20254877,40574.324.28$67,877
Dec 20245126,95368.993.12$57,026
Nov 20244877,10269.052.20$49,241
Oct 20245157,79571.372.28$54,539
Sep 20245087,49069.612.36$53,071
Aug 20244247,56575.632.06$47,678
Jul 20244048,59579.932.15$50,742
Jun 20244028,74178.082.63$54,412
May 202442410,89078.812.20$57,356
Apr 202443411,84084.451.66$56,296
Mar 202476816,53780.301.55$87,222
Feb 202482114,27076.091.78$87,922
Jan 202479613,36473.023.30$102,194
Dec 202380113,24071.262.61$91,645
Nov 202382912,76177.892.81$100,398
Oct 202379819,71185.443.09$129,035
Sep 202384717,25189.042.74$122,599
Aug 202384217,81980.522.67$115,426
Jul 202398819,16074.852.64$124,569
Jun 20231,20821,78268.962.26$132,498
May 20231,48622,17470.622.23$154,332
Apr 20231,49217,94578.122.24$156,712
Mar 20231,62815,12572.852.39$154,796
Feb 20238913,50975.112.47$75,575
Jan 20231,54511,62376.533.39$157,614
Dec 20221,49713,45876.415.73$191,488
Nov 20221,47913,00685.005.65$199,149
Oct 20221,65412,73487.185.86$218,865
Sep 20221,2918,62984.888.16$180,024
Aug 20221,53311,30494.529.13$248,073
Jul 20221,29611,147101.587.54$215,719
Jun 20221,91916,934115.097.98$355,944
May 20222,30017,109109.378.43$395,832
Apr 20222,54714,111104.226.84$361,934
Mar 20223,43115,053108.885.08$449,982
Feb 20223,1165,26391.054.86$309,284
Jan 20224562,75181.844.54$49,802
Dec 20213,15318,31671.323.90$296,288
Nov 20213,92421,60977.435.24$416,998
Oct 20214,68722,39379.795.71$501,926
Sep 20215,62527,52369.865.35$540,236
Aug 20214,91916,67766.024.22$395,139
Jul 20217,15728,15270.783.98$618,676
Jun 20219,08128,85069.493.38$728,570
May 202111,71031,18663.483.02$837,460
Apr 202115,56132,03460.362.76$1,027,625
Mar 202123,96134,41261.302.72$1,562,305
Feb 202113,21415,86157.805.55$851,765
Jan 202116,19318,77650.412.81$869,055
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                  431 bbl  × $106.41 =    $45,863
Casinghead gas    10,218 Mcf  × $  3.05 =    $31,122

────────────────────────────────────────────────────
Month total                                  $76,985

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/55126 is the state's own key, not one this site invented.