PRESTON E17D

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 56064District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$32.3 M
Mar 2021 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
63
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 581 leases and 1,079 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2016-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition295,535 bbl$24,357,159
Casinghead gasProduction1,939,051 Mcf$7,959,170
Total$32,316,329

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 31.7275, -101.8242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72748, -101.82421 · 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
9,301 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 9,301 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-32943932104H9,301 ftSep 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 (63)

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

63 months

May 202698127,818106.413.05$189,117
Apr 202694323,30898.932.87$160,178
Mar 20261,04624,20989.753.15$170,123
Feb 202692221,90863.503.75$140,709
Jan 202699821,24959.138.00$228,960
Dec 20251,29525,52456.664.41$186,021
Nov 20251,19522,01558.593.93$156,456
Oct 20251,27925,40259.383.30$159,897
Sep 202591619,89962.743.08$118,697
Aug 20251,35730,71363.933.01$179,345
Jul 20251,33726,69866.743.32$177,741
Jun 20251,33525,53966.483.13$168,655
May 20251,39328,33560.553.23$175,934
Apr 20251,31623,58562.363.54$165,630
Mar 20251,17621,91067.704.27$173,134
Feb 20251,35122,37970.884.34$192,903
Jan 20251,59728,28274.324.28$239,699
Dec 20241,72232,80568.993.12$221,197
Nov 20241,83231,83569.052.20$196,487
Oct 20241,77127,45071.372.28$189,021
Sep 20241,70027,94769.612.36$184,414
Aug 20241,50227,39975.632.06$170,138
Jul 20241,87635,97679.932.15$227,174
Jun 20241,36327,60978.082.63$179,145
May 20241,88530,76778.812.20$216,196
Apr 20242,11131,94484.451.66$231,275
Mar 20242,28832,09180.301.55$233,311
Feb 20242,80026,73376.091.78$260,734
Jan 20242,32928,07173.023.30$262,632
Dec 20232,62229,09071.262.61$262,790
Nov 20232,63024,22877.892.81$272,872
Oct 20232,53625,68885.443.09$295,982
Sep 20232,70829,53889.042.74$321,908
Aug 20232,96336,68180.522.67$336,625
Jul 20232,97741,18974.852.64$331,642
Jun 20233,27337,68168.962.26$310,808
May 20233,88045,32570.622.23$374,963
Apr 20233,55940,03778.122.24$367,622
Mar 20234,04042,36472.852.39$395,698
Feb 20234,67544,48175.112.47$460,815
Jan 20235,14746,78776.533.39$552,401
Dec 20225,92050,51676.415.73$741,757
Nov 20225,88642,78985.005.65$741,905
Oct 20226,90952,27887.185.86$908,872
Sep 20226,35837,91884.888.16$849,217
Aug 20227,38440,14794.529.13$1,064,364
Jul 20229,12543,087101.587.54$1,251,883
Jun 20227,57323,867115.097.98$1,061,968
May 20229,48649,712109.378.43$1,456,707
Apr 202210,08551,406104.226.84$1,402,552
Mar 202212,27759,110108.885.08$1,636,786
Feb 202212,69955,74691.054.86$1,427,105
Jan 202218,02657,30881.844.54$1,735,293
Dec 202115,56630,54171.323.90$1,229,250
Nov 202122,89841,03277.435.24$1,987,871
Oct 202129,37339,67379.795.71$2,570,358
Sep 202131,34441,43269.865.35$2,411,391
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$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                  981 bbl  × $106.41 =   $104,388
Casinghead gas    27,818 Mcf  × $  3.05 =    $84,729

────────────────────────────────────────────────────
Month total                                 $189,117

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/56064 is the state's own key, not one this site invented.