PRESTON E17A

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 56196District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$37.9 M
Sep 2021 – May 2026
Value, last 12 filed months
$3.4 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 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
OilDisposition419,576 bbl$33,643,902
Casinghead gasProduction1,361,859 Mcf$4,221,071
Total$37,864,973

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 31.7272, -101.8248. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72722, -101.82481 · 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
8,917 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 8,917 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-32943929101H8,917 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 20263,10713,920106.413.05$373,014
Apr 20262,45812,88198.932.87$280,135
Mar 20262,75414,01889.753.15$291,320
Feb 20262,82512,40163.503.75$225,895
Jan 20262,93013,68159.138.00$282,670
Dec 20253,44115,61156.664.41$263,864
Nov 20253,58613,93058.593.93$264,799
Oct 20254,13618,48259.383.30$306,676
Sep 20253,0729,25762.743.08$221,220
Aug 20253,7846,26563.933.01$260,799
Jul 20253,8937,87666.743.32$285,929
Jun 20254,1336,50366.483.13$295,108
May 20252,07510,79360.553.23$160,528
Apr 20252,53711,17362.363.54$197,795
Mar 20251,9916,74267.704.27$163,568
Feb 20256519570.884.34$5,454
Jan 202510342774.324.28$9,482
Dec 20244893,23468.993.12$43,831
Nov 20241,82126,48969.052.20$183,975
Oct 20244,17822,26471.372.28$348,977
Sep 20243,99631,98169.612.36$353,776
Aug 20243,84633,52775.632.06$360,060
Jul 20243,85232,09879.932.15$376,792
Jun 20245,39636,34378.082.63$517,046
May 20244,83035,30778.812.20$458,273
Apr 20245,00932,77484.451.66$477,389
Mar 20244,90381,44080.301.55$519,546
Feb 20244,77758,82976.091.78$468,412
Jan 20245,45956,29773.023.30$584,265
Dec 20236,83750,99071.262.61$620,325
Nov 20238,30652,63077.892.81$794,716
Oct 20238,93345,67785.443.09$904,253
Sep 20239,34543,15789.042.74$950,115
Aug 202310,91357,03580.522.67$1,031,162
Jul 202311,12755,35574.852.64$979,093
Jun 202313,43154,57668.962.26$1,049,461
May 202314,07148,65270.622.23$1,102,061
Apr 202318,18552,67378.122.24$1,538,482
Mar 202320,34348,82172.852.39$1,598,824
Feb 202311,93516,62675.112.47$937,432
Jan 20239,50311,75376.533.39$767,080
Dec 202210,82517,54576.415.73$927,655
Nov 20226,3466,93685.005.65$578,572
Oct 20226,2926,46087.185.86$586,416
Sep 20225,1836,25584.888.16$490,997
Aug 20225,9025,27894.529.13$606,030
Jul 20225,8894,881101.587.54$635,018
Jun 20226,9387,840115.097.98$861,036
May 202213,13719,708109.378.43$1,602,992
Apr 202211,13714,063104.226.84$1,256,855
Mar 202212,70414,962108.885.08$1,459,165
Feb 202212,47613,16591.054.86$1,199,906
Jan 202213,23813,00881.844.54$1,142,424
Dec 202113,66012,83671.323.90$1,024,280
Nov 202115,50014,53777.435.24$1,276,293
Oct 202120,19921,23879.795.71$1,733,029
Sep 202121,77520,46469.865.35$1,630,703

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                3,107 bbl  × $106.41 =   $330,616
Casinghead gas    13,920 Mcf  × $  3.05 =    $42,398

────────────────────────────────────────────────────
Month total                                 $373,014

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/56196 is the state's own key, not one this site invented.