PRESTON E17E

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 56074District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$32.2 M
Apr 2021 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
62
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
OilDisposition316,139 bbl$25,623,953
Casinghead gasProduction1,703,292 Mcf$6,609,451
Total$32,233,403

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 31.7281, -101.8213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72812, -101.82134 · 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
9,315 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 9,315 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-32943933105H9,315 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 (62)

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

62 months

May 20261,16823,738106.413.05$196,589
Apr 20261,02622,44698.932.87$165,916
Mar 20261,26123,56689.753.15$187,394
Feb 20261,10721,51063.503.75$150,964
Jan 20261,12722,60059.138.00$247,393
Dec 20251,55328,02656.664.41$211,682
Nov 20251,38021,76058.593.93$166,294
Oct 20251,34723,58759.383.30$157,936
Sep 20251,02719,19862.743.08$123,505
Aug 20251,43630,73463.933.01$184,459
Jul 20251,55729,84866.743.32$202,866
Jun 20251,58529,39666.483.13$197,343
May 20251,88826,62060.553.23$200,363
Apr 20251,80523,00162.363.54$194,055
Mar 20251,55621,73467.704.27$198,109
Feb 20251,87222,33470.884.34$229,636
Jan 20252,62426,22174.324.28$307,207
Dec 20242,19224,50368.993.12$227,709
Nov 20242,30222,86869.052.20$209,227
Oct 20242,30219,64171.372.28$209,103
Sep 20241,83420,96269.612.36$177,226
Aug 20241,67428,05475.632.06$184,498
Jul 20242,11733,33079.932.15$240,758
Jun 20241,79835,04078.082.63$232,683
May 20242,28836,60478.812.20$260,789
Apr 20242,41143,11984.451.66$275,152
Mar 20244,37214,74180.301.55$373,848
Feb 20243,49521,90676.091.78$305,007
Jan 20243,03625,40773.023.30$305,472
Dec 20234,02023,36171.262.61$347,454
Nov 20233,12729,70377.892.81$326,955
Oct 20233,04519,82085.443.09$321,355
Sep 20232,76015,46789.042.74$288,053
Aug 20233,18325,46780.522.67$324,365
Jul 20234,94543,17874.852.64$484,201
Jun 20233,84837,45068.962.26$349,938
May 20234,23435,88470.622.23$378,933
Apr 20234,29837,80678.122.24$420,361
Mar 20235,01339,09372.852.39$458,753
Feb 20235,76540,90875.112.47$533,875
Jan 20235,63446,10776.533.39$587,368
Dec 20226,70654,47376.415.73$824,486
Nov 20226,58541,43585.005.65$793,675
Oct 20228,16345,06587.185.86$975,901
Sep 20228,80120,36984.888.16$913,315
Aug 20228,61617,65294.529.13$975,497
Jul 20228,0838,369101.587.54$884,191
Jun 20222,5012,566115.097.98$308,310
May 20224,64423,322109.378.43$704,590
Apr 202211,10851,493104.226.84$1,509,764
Mar 202213,00054,698108.885.08$1,693,109
Feb 202213,15649,00491.054.86$1,435,956
Jan 202218,26052,62181.844.54$1,733,176
Dec 202116,67730,96271.323.90$1,310,128
Nov 202123,83238,24177.435.24$2,045,574
Oct 202129,98338,32179.795.71$2,611,305
Sep 202131,01237,96369.865.35$2,369,635
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

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                1,168 bbl  × $106.41 =   $124,287
Casinghead gas    23,738 Mcf  × $  3.05 =    $72,302

────────────────────────────────────────────────────
Month total                                 $196,589

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/56074 is the state's own key, not one this site invented.