SALE RANCH 20M

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 56298District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$41.7 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
OilDisposition446,556 bbl$36,891,731
Casinghead gasProduction1,137,477 Mcf$4,777,236
Total$41,668,967

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 32.1775, -101.9690. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17746, -101.96898 · 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
8,425 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 8,425 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-3174296713H8,425 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 20262,18714,596106.413.05$277,176
Apr 20262,82816,75998.932.87$327,868
Mar 20263,37116,73889.753.15$355,263
Feb 20263,64814,15363.503.75$284,726
Jan 20263,96915,62959.138.00$359,686
Dec 20254,25115,14956.664.41$307,720
Nov 20253,44312,54358.593.93$250,975
Oct 20253,68814,14559.383.30$265,740
Sep 20251,3955,70062.743.08$105,061
Aug 20252,0797,84563.933.01$156,561
Jul 20254,56218,69666.743.32$366,449
Jun 20253,29914,02266.483.13$263,188
May 20254,85019,92560.553.23$358,071
Apr 20254,84119,65262.363.54$371,514
Mar 20255,33018,58367.704.27$440,159
Feb 20254,56516,87470.884.34$396,815
Jan 20254,20115,25974.324.28$377,507
Dec 20245,56317,97368.993.12$439,892
Nov 20245,55316,76369.052.20$420,287
Oct 20241,8656,00071.372.28$146,793
Sep 20242,99612,16769.612.36$237,319
Aug 20244,94418,14775.632.06$411,363
Jul 20245,51618,70779.932.15$481,050
Jun 20243,13616,85678.082.63$289,257
May 202482078.812.20$6,462
Apr 20243,37423,09584.451.66$323,254
Mar 20244,47320,14980.301.55$390,315
Feb 20244,34221,90876.091.78$369,459
Jan 20244,83821,68273.023.30$424,771
Dec 20235,48421,32571.262.61$446,463
Nov 20235,18221,27077.892.81$463,343
Oct 20235,68323,31485.443.09$557,532
Sep 20235,34919,05689.042.74$528,394
Aug 20235,82525,82380.522.67$538,051
Jul 20236,78321,81974.852.64$565,349
Jun 20235,15718,99068.962.26$398,515
May 20236,63622,97870.622.23$519,816
Apr 20236,94021,99478.122.24$591,370
Mar 20236,98020,94072.852.39$558,606
Feb 20237,09918,97375.112.47$579,987
Jan 20238,37922,20476.533.39$716,466
Dec 20227,16723,82476.415.73$684,120
Nov 20227,80821,18585.005.65$783,295
Oct 20229,78025,53587.185.86$1,002,352
Sep 20229,91326,45784.888.16$1,057,402
Aug 202211,31029,34694.529.13$1,336,867
Jul 202213,40227,381101.587.54$1,567,885
Jun 202214,56827,650115.097.98$1,897,201
May 202216,32428,354109.378.43$2,024,466
Apr 202218,02531,732104.226.84$2,095,536
Mar 202218,62627,193108.885.08$2,166,041
Feb 202216,83426,29391.054.86$1,660,489
Jan 202228,43541,42281.844.54$2,515,080
Dec 202130,03537,49371.323.90$2,288,286
Nov 202126,20426,97677.435.24$2,170,245
Oct 202125,77922,02079.795.71$2,182,726
Sep 20217,6606,21569.865.35$568,384

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                2,187 bbl  × $106.41 =   $232,719
Casinghead gas    14,596 Mcf  × $  3.05 =    $44,457

────────────────────────────────────────────────────
Month total                                 $277,176

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/56298 is the state's own key, not one this site invented.