PRESTON N31R

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 56421District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$25.2 M
Oct 2021 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
56
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
OilDisposition222,182 bbl$18,601,224
Casinghead gasProduction1,603,147 Mcf$6,635,007
Total$25,236,232

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 31.6881, -101.8319. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68807, -101.83187 · 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
9,326 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 9,326 ft.

Completions filed
Oct 2021
1 of 1 wells

1 well

42-3294281018H9,326 ftOct 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 (56)

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

56 months

May 202685823,363106.413.05$162,460
Apr 202698923,66098.932.87$165,739
Mar 20261,12625,47289.753.15$181,281
Feb 202692425,23963.503.75$153,328
Jan 202694521,40859.138.00$227,097
Dec 20251,02519,61956.664.41$144,662
Nov 20254979,54758.593.93$66,605
Oct 202594718,99459.383.30$119,005
Sep 202579619,13662.743.08$108,821
Aug 202577719,16463.933.01$107,448
Jul 20251,20019,93166.743.32$146,163
Jun 20251,05120,88566.483.13$135,214
May 20251,07822,50460.553.23$138,013
Apr 20251,18823,17162.363.54$156,181
Mar 20251,27523,68267.704.27$187,400
Feb 20251,27920,98170.884.34$181,731
Jan 20251,30422,40474.324.28$192,773
Dec 20241,50023,29668.993.12$176,200
Nov 20241,72422,16369.052.20$167,766
Oct 20241,83624,94171.372.28$187,936
Sep 20241,64721,55669.612.36$165,614
Aug 20241,60222,44175.632.06$167,469
Jul 20241,88224,28979.932.15$202,567
Jun 20241,73923,97978.082.63$198,941
May 20241,93124,30878.812.20$205,622
Apr 20241,97825,04984.451.66$208,603
Mar 20242,10730,97380.301.55$217,049
Feb 20241,79524,89176.091.78$180,978
Jan 20241,41222,17473.023.30$176,227
Dec 20231,93731,41271.262.61$220,039
Nov 20231,86327,26577.892.81$221,657
Oct 20232,04729,22485.443.09$265,118
Sep 20232,15630,17489.042.74$274,497
Aug 20232,43532,36680.522.67$282,577
Jul 20232,83331,85774.852.64$296,210
Jun 20232,59228,63068.962.26$243,405
May 20233,05928,99270.622.23$280,603
Apr 20233,79432,82178.122.24$369,833
Mar 20234,03135,59772.852.39$378,848
Feb 20233,57132,45675.112.47$348,244
Jan 20234,49039,74176.533.39$478,251
Dec 20224,47041,83976.415.73$581,252
Nov 20224,87037,18085.005.65$623,876
Oct 20224,51036,51287.185.86$607,279
Sep 20225,69131,84084.888.16$742,984
Aug 20226,18936,83194.529.13$921,147
Jul 20226,43141,872101.587.54$969,063
Jun 20228,12754,291115.097.98$1,368,427
May 20227,08938,734109.378.43$1,101,969
Apr 20227,11128,299104.226.84$934,606
Mar 202211,88654,957108.885.08$1,573,131
Feb 20229,16022,48791.054.86$943,279
Jan 202215,96452,79681.844.54$1,546,065
Dec 202118,21038,84071.323.90$1,450,179
Nov 202123,49735,68777.435.24$2,006,260
Oct 202115,75721,22779.795.71$1,378,539

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                  858 bbl  × $106.41 =    $91,300
Casinghead gas    23,363 Mcf  × $  3.05 =    $71,160

────────────────────────────────────────────────────
Month total                                 $162,460

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/56421 is the state's own key, not one this site invented.