ELKIN-ESTES 34NN

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 57462District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$37.2 M
May 2022 – May 2026
Value, last 12 filed months
$4.3 M
at the published price for each month
Months reported
49
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
OilDisposition408,602 bbl$33,510,120
Casinghead gasProduction1,135,487 Mcf$3,653,137
Total$37,163,257

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 31.9446, -101.9921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94458, -101.99213 · 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
9,660 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 9,660 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-32945075114H9,660 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 (49)

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

49 months

May 20263,9626,221106.413.05$440,545
Apr 20263,5234,67798.932.87$361,952
Mar 20264,1004,88489.753.15$383,357
Feb 20262,5211,14763.503.75$164,385
Jan 202680152359.138.00$51,546
Dec 20253064,63156.664.41$37,776
Nov 20254,85849,01858.593.93$477,096
Oct 20254,38047,95559.383.30$418,568
Sep 20255,78445,45262.743.08$502,740
Aug 20255,16540,08863.933.01$451,054
Jul 20255,58536,71866.743.32$494,470
Jun 20255,94328,11766.483.13$483,061
May 20256,09922,13060.553.23$440,826
Apr 20255,74113,23662.363.54$404,906
Mar 20255,8529,18367.704.27$435,376
Feb 20255,2355,85770.884.34$396,481
Jan 20255,7375,48574.324.28$449,842
Dec 20244,6634,14968.993.12$334,651
Nov 20243,3452,77169.052.20$237,064
Oct 20241,2371,04971.372.28$90,678
Sep 20242411169.612.36$1,933
Aug 20243,38723,51375.632.06$304,681
Jul 20245,82248,67379.932.15$569,833
Jun 20246,00748,85378.082.63$597,704
May 20246,58051,46678.812.20$631,715
Apr 20246,92047,23484.451.66$662,765
Mar 20248,19045,85280.301.55$728,504
Feb 20249,12838,12376.091.78$762,547
Jan 202410,03422,87673.023.30$808,120
Dec 20239,65612,75971.262.61$721,397
Nov 20239,09312,72177.892.81$743,969
Oct 20237,82118,95985.443.09$726,758
Sep 20238,59233,86689.042.74$857,657
Aug 202310,35249,17080.522.67$964,969
Jul 202310,25036,34674.852.64$863,231
Jun 202310,67635,39168.962.26$816,147
May 202311,33837,09870.622.23$883,322
Apr 202312,90446,19578.122.24$1,111,434
Mar 202312,79924,94372.852.39$992,100
Feb 202311,94620,94975.112.47$948,918
Jan 202314,95223,19976.533.39$1,222,868
Dec 202213,00211,02176.415.73$1,056,623
Nov 202212,9059,72385.005.65$1,151,823
Oct 202215,22112,75587.185.86$1,401,759
Sep 202216,90515,19084.888.16$1,558,903
Aug 202217,17914,82894.529.13$1,759,097
Jul 202218,42317,340101.587.54$2,002,188
Jun 202222,37321,969115.097.98$2,750,160
May 202221,28621,073109.378.43$2,505,759

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                3,962 bbl  × $106.41 =   $421,596
Casinghead gas     6,221 Mcf  × $  3.05 =    $18,948

────────────────────────────────────────────────────
Month total                                 $440,545

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/57462 is the state's own key, not one this site invented.