ELKIN-ESTES 34MM

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 56983District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$37.0 M
Oct 2021 – May 2026
Value, last 12 filed months
$2.7 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 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
OilDisposition394,400 bbl$33,752,324
Casinghead gasProduction786,896 Mcf$3,248,051
Total$37,000,375

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 31.9435, -101.9929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94353, -101.99293 · 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
9,348 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 9,348 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-32945065113H9,348 ftMay 2022

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 20262,76214,633106.413.05$338,474
Apr 20262,96415,74598.932.87$338,412
Mar 20263,07114,73989.753.15$322,042
Feb 20261,76112,99163.503.75$160,544
Jan 20261,59911,09459.138.00$183,278
Dec 20251,8579,38156.664.41$146,619
Nov 20251,73811,45458.593.93$146,803
Oct 20252,54811,64959.383.30$189,798
Sep 20253,97111,87362.743.08$285,673
Aug 20252,0205,03763.933.01$144,324
Jul 20252,3521,31766.743.32$161,339
Jun 20252,80215,54466.483.13$234,910
May 20253,09215,52560.553.23$237,402
Apr 20253,25115,21662.363.54$256,644
Mar 20254,23714,87267.704.27$350,323
Feb 20253,66311,73170.884.34$310,556
Jan 20254,8032,79274.324.28$368,905
Dec 20244,21714,77068.993.12$337,033
Nov 20244,60214,96269.052.20$350,661
Oct 20244,64315,35271.372.28$366,395
Sep 20244,70115,56769.612.36$364,043
Aug 20245,10516,25075.632.06$419,625
Jul 20245,14215,72679.932.15$444,757
Jun 20245,34215,89278.082.63$458,963
May 20245,51415,23878.812.20$468,058
Apr 20245,81416,52284.451.66$518,406
Mar 20246,30316,25680.301.55$531,249
Feb 20246,10714,46576.091.78$490,482
Jan 20246,82115,78473.023.30$550,120
Dec 20237,22517,34071.262.61$560,123
Nov 20237,50618,55577.892.81$636,737
Oct 20238,36920,59085.443.09$778,614
Sep 20238,29018,73189.042.74$789,372
Aug 20239,05018,67480.522.67$778,619
Jul 20239,76818,52774.852.64$780,079
Jun 20238,41419,16068.962.26$623,502
May 202310,25819,72470.622.23$768,353
Apr 202310,27011,93678.122.24$829,002
Mar 20232,25048772.852.39$165,078
Feb 20238,02813,54575.112.47$636,381
Jan 202311,87517,90876.533.39$969,461
Dec 202213,37719,70776.415.73$1,135,040
Nov 202215,05520,18585.005.65$1,393,644
Oct 202215,88119,53987.185.86$1,499,078
Sep 202220,46123,86484.888.16$1,931,548
Aug 202225,37528,61794.529.13$2,659,637
Jul 202231,72735,353101.587.54$3,489,464
Jun 202235,88037,758115.097.98$4,430,632
May 202222,53924,319109.378.43$2,670,174
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0

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                2,762 bbl  × $106.41 =   $293,904
Casinghead gas    14,633 Mcf  × $  3.05 =    $44,570

────────────────────────────────────────────────────
Month total                                 $338,474

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/56983 is the state's own key, not one this site invented.