PRESTON E17C

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 56350District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$40.7 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 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
OilDisposition468,004 bbl$36,839,234
Casinghead gasProduction1,254,893 Mcf$3,908,986
Total$40,748,220

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 31.7284, -101.8199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72842, -101.81988 · 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
8,868 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 8,868 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-32943931103H8,868 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 20262,6604,824106.413.05$297,744
Apr 20262,2212,78398.932.87$227,710
Mar 20262,4315,48989.753.15$235,470
Feb 20262,3138,14363.503.75$177,414
Jan 20262,4926,11959.138.00$196,291
Dec 20253,6709,26856.664.41$248,845
Nov 20254,2738,52758.593.93$283,836
Oct 20255,08114,92759.383.30$351,041
Sep 20253,57614,66862.743.08$269,491
Aug 20254,40810,16363.933.01$312,442
Jul 20254,75522,98566.743.32$393,549
Jun 20254,6729,56666.483.13$340,524
May 20254,67510,53660.553.23$317,127
Apr 20253,63710,62362.363.54$264,442
Mar 20256,2269,83267.704.27$463,466
Feb 20256,0579,86270.884.34$472,130
Jan 20253,60311,17674.324.28$315,593
Dec 20244,58310,68368.993.12$349,527
Nov 20245,55216,26969.052.20$419,132
Oct 20245,53526,68471.372.28$455,910
Sep 20244,36522,72569.612.36$357,578
Aug 20244,79223,75575.632.06$411,440
Jul 20247,80824,32379.932.15$676,305
Jun 20246,43440,58978.082.63$609,277
May 20242,63934,43978.812.20$283,692
Apr 20242,92134,76084.451.66$304,352
Mar 20244,87842,28980.301.55$457,045
Feb 20245,95641,71476.091.78$527,595
Jan 20248,66539,56173.023.30$763,177
Dec 20239,98358,25171.262.61$863,466
Nov 202311,37155,38977.892.81$1,041,195
Oct 202310,69936,74385.443.09$1,027,558
Sep 202310,67043,43389.042.74$1,068,848
Aug 202314,04451,49580.522.67$1,268,463
Jul 202314,17146,52374.852.64$1,183,604
Jun 202315,47353,51568.962.26$1,187,881
May 202316,48354,42470.622.23$1,285,253
Apr 202321,21651,05278.122.24$1,771,636
Mar 202326,09956,74772.852.39$2,037,117
Feb 20236,13115,15775.112.47$497,872
Jan 20235,49811,84076.533.39$460,873
Dec 20228,20411,10676.415.73$690,495
Nov 20229,2348,81585.005.65$834,661
Oct 20227,9799,10087.185.86$748,969
Sep 20226,5616,40384.888.16$609,170
Aug 20226,1436,54794.529.13$640,392
Jul 20224,6214,880101.587.54$506,207
Jun 20221,3821,703115.097.98$172,640
May 20225,9028,119109.378.43$713,970
Apr 202213,81918,325104.226.84$1,565,515
Mar 202215,53819,669108.885.08$1,791,625
Feb 202213,82115,87591.054.86$1,335,536
Jan 202215,07514,87381.844.54$1,301,227
Dec 202114,51914,23171.323.90$1,090,983
Nov 202116,15616,13977.435.24$1,335,477
Oct 202119,17020,48179.795.71$1,646,600
Sep 202117,16416,77669.865.35$1,288,844

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                2,660 bbl  × $106.41 =   $283,051
Casinghead gas     4,824 Mcf  × $  3.05 =    $14,693

────────────────────────────────────────────────────
Month total                                 $297,744

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/56350 is the state's own key, not one this site invented.