PRESTON E17F

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 56173District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$38.3 M
Sep 2021 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
57
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
OilDisposition390,770 bbl$31,655,920
Casinghead gasProduction1,776,022 Mcf$6,599,949
Total$38,255,868

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 31.7287, -101.8187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72871, -101.81868 · 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
9,287 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 9,287 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-32943934106H9,287 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 (57)

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

57 months

May 20261,79534,663106.413.05$296,584
Apr 20261,74530,30998.932.87$259,611
Mar 20261,86735,10289.753.15$278,115
Feb 20261,92728,90163.503.75$230,753
Jan 20261,82129,82559.138.00$346,214
Dec 20252,43834,70356.664.41$291,294
Nov 20252,27429,76658.593.93$250,108
Oct 20252,45232,27059.383.30$252,247
Sep 20251,90127,14362.743.08$202,786
Aug 20252,40337,38463.933.01$266,328
Jul 20252,70637,01166.743.32$303,297
Jun 20252,85836,20566.483.13$303,275
May 20252,88626,41560.553.23$260,129
Apr 20253,20319,58562.363.54$269,131
Mar 20253,29816,12767.704.27$292,110
Feb 20253,04914,09070.884.34$277,276
Jan 20252,76211,65974.324.28$255,157
Dec 20241,2955,33668.993.12$105,998
Nov 20243,1279,74669.052.20$237,345
Oct 20242,63212,02771.372.28$215,284
Sep 20242,28827,79169.612.36$224,976
Aug 20241,78724,24175.632.06$185,175
Jul 20242,71335,30679.932.15$292,638
Jun 20242,73729,75378.082.63$292,074
May 20242,88140,45778.812.20$315,994
Apr 20242,97830,55584.451.66$302,189
Mar 20243,16328,23380.301.55$297,613
Feb 20243,40135,30876.091.78$321,759
Jan 20242,74045,43973.023.30$349,917
Dec 20232,75747,89371.262.61$321,499
Nov 20232,71741,74477.892.81$328,826
Oct 20233,48333,71485.443.09$401,672
Sep 20233,62928,12389.042.74$400,044
Aug 20234,88335,95180.522.67$489,272
Jul 20234,88637,60174.852.64$465,051
Jun 20234,99537,72168.962.26$429,647
May 20235,22236,24370.622.23$449,505
Apr 20235,84641,07578.122.24$548,606
Mar 20236,56142,30072.852.39$579,200
Feb 20237,71543,73475.112.47$687,308
Jan 20238,37844,38976.533.39$791,546
Dec 20228,99534,82976.415.73$886,846
Nov 20229,60120,97085.005.65$934,486
Oct 202210,61118,84687.185.86$1,035,575
Sep 202210,49811,70084.888.16$986,585
Aug 202211,26613,10494.529.13$1,184,465
Jul 202211,14312,988101.587.54$1,229,862
Jun 20226,1778,131115.097.98$775,774
May 20225,43718,650109.378.43$751,921
Apr 202213,20346,815104.226.84$1,696,119
Mar 202215,03451,484108.885.08$1,898,255
Feb 202215,20847,16691.054.86$1,613,860
Jan 202220,10750,67281.844.54$1,875,490
Dec 202122,98541,47471.323.90$1,801,002
Nov 202122,94630,03177.435.24$1,933,977
Oct 202134,58445,13879.795.71$3,017,370
Sep 202138,77648,18669.865.35$2,966,731

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                1,795 bbl  × $106.41 =   $191,006
Casinghead gas    34,663 Mcf  × $  3.05 =   $105,578

────────────────────────────────────────────────────
Month total                                 $296,584

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/56173 is the state's own key, not one this site invented.