SALE RANCH E12B

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 56195District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$38.2 M
Aug 2021 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
58
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
OilDisposition382,372 bbl$31,704,280
Casinghead gasProduction1,476,483 Mcf$6,507,936
Total$38,212,216

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 32.2492, -101.9179. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24919, -101.91791 · 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
9,175 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 9,175 ft.

Completions filed
Aug 2021
1 of 1 wells

1 well

42-31743112302H9,175 ftAug 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 (58)

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

58 months

May 20261,07322,734106.413.05$183,422
Apr 20261,13722,92398.932.87$178,266
Mar 20261,36222,96789.753.15$194,573
Feb 20261,38222,58463.503.75$172,454
Jan 20261,61826,07759.138.00$304,234
Dec 20251,79324,14356.664.41$208,143
Nov 20251,69522,66358.593.93$188,295
Oct 20251,85623,94059.383.30$189,327
Sep 20252,19225,74062.743.08$216,726
Aug 20252,29622,61963.933.01$214,974
Jul 20252,02218,37766.743.32$195,872
Jun 20251,27813,50866.483.13$127,224
May 20251,32113,64560.553.23$124,092
Apr 20251,46516,47762.363.54$149,737
Mar 20252,04821,00067.704.27$228,284
Feb 20252,18120,79870.884.34$244,870
Jan 20252,48720,60474.324.28$272,992
Dec 20242,03617,80868.993.12$196,049
Nov 20242,09418,14869.052.20$184,488
Oct 20242,38621,04771.372.28$218,305
Sep 20242,18519,55869.612.36$198,340
Aug 20241,44913,29575.632.06$137,024
Jul 20243,01124,04979.932.15$292,293
Jun 20243,60726,29578.082.63$350,895
May 20243,27028,84478.812.20$321,121
Apr 20242,02327,60484.451.66$216,643
Mar 20243,25034,97980.301.55$315,022
Feb 20243,68338,98076.091.78$349,766
Jan 20243,28930,37073.023.30$340,313
Dec 20234,74741,56571.262.61$446,786
Nov 20236,56948,67477.892.81$648,315
Oct 202312,01048,09185.443.09$1,174,605
Sep 20233442,16589.042.74$36,551
Aug 20235512,58480.522.67$51,273
Jul 20237343,80774.852.64$64,997
Jun 20231,1625,20568.962.26$91,887
May 20231,5625,48370.622.23$122,521
Apr 20231,7044,73578.122.24$143,712
Mar 20231,9325,50372.852.39$153,916
Feb 20231,9917,73875.112.47$168,623
Jan 20232,80012,98976.533.39$258,287
Dec 20226,99927,51776.415.73$692,441
Nov 20225,69522,17485.005.65$609,274
Oct 20225,61022,36287.185.86$620,205
Sep 20226,13325,91084.888.16$732,090
Aug 20229,72640,02894.529.13$1,284,643
Jul 202211,55944,997101.587.54$1,513,534
Jun 202214,53052,231115.097.98$2,088,915
May 202214,79349,041109.378.43$2,031,475
Apr 202218,46953,080104.226.84$2,287,779
Mar 202218,19543,360108.885.08$2,201,184
Feb 202217,85738,57691.054.86$1,813,314
Jan 202223,32644,75581.844.54$2,112,084
Dec 202127,32347,44971.323.90$2,133,686
Nov 202118,45725,42477.435.24$1,562,267
Oct 202127,54930,45479.795.71$2,372,145
Sep 202133,61134,34169.865.35$2,531,820
Aug 202124,94524,46966.024.22$1,750,143

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                1,073 bbl  × $106.41 =   $114,178
Casinghead gas    22,734 Mcf  × $  3.05 =    $69,244

────────────────────────────────────────────────────
Month total                                 $183,422

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/56195 is the state's own key, not one this site invented.