PRESTON 9B

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 57499District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$43.4 M
Feb 2022 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
52
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
OilDisposition472,659 bbl$38,362,306
Casinghead gasProduction1,398,028 Mcf$5,047,829
Total$43,410,135

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 31.7368, -101.8163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73684, -101.81626 · 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
8,861 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 8,861 ft.

Completions filed
Jun 2022
1 of 1 wells

1 well

42-32944220102H8,861 ftJun 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 (52)

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

52 months

May 2026115475106.413.05$13,684
Apr 202610333398.932.87$11,145
Mar 202610332989.753.15$10,280
Feb 20261846,51863.503.75$36,129
Jan 202684615,62959.138.00$175,023
Dec 20251,60315,59856.664.41$159,666
Nov 20252,48620,40058.593.93$225,754
Oct 20252,79124,51959.383.30$246,761
Sep 20252,45021,78162.743.08$220,731
Aug 20253,25632,60663.933.01$306,455
Jul 20253,55830,71766.743.32$339,294
Jun 20253,33828,95066.483.13$312,487
May 20253,81629,85160.553.23$327,547
Apr 20254,10229,28262.363.54$359,550
Mar 20254,64629,03967.704.27$438,482
Feb 20254,86027,41670.884.34$463,485
Jan 20254,61632,20574.324.28$480,856
Dec 20245,19733,01968.993.12$461,606
Nov 20246,33332,30369.052.20$508,310
Oct 20244,79823,17971.372.28$395,314
Sep 20243,43129,13769.612.36$307,722
Aug 20244,06931,68075.632.06$373,114
Jul 20246,20134,19979.932.15$569,057
Jun 20246,07131,32978.082.63$556,544
May 20245,70133,56278.812.20$523,080
Apr 20246,89850,74184.451.66$666,726
Mar 20247,94028,25580.301.55$681,240
Feb 20247,98639,19176.091.78$677,557
Jan 20248,55828,76873.023.30$719,772
Dec 20235,38310,85471.262.61$411,929
Nov 20233,25510,05477.892.81$281,759
Oct 20237,61925,80685.443.09$730,638
Sep 20238,29428,90289.042.74$817,546
Aug 202311,13939,16480.522.67$1,001,593
Jul 202312,15142,70474.852.64$1,022,318
Jun 202313,09742,80368.962.26$999,839
May 202314,37441,28970.622.23$1,107,059
Apr 202317,00244,95578.122.24$1,428,795
Mar 202317,94540,63972.852.39$1,404,549
Feb 202315,68729,59575.112.47$1,251,222
Jan 202322,88142,38476.533.39$1,894,668
Dec 202228,85848,41576.415.73$2,482,413
Nov 202227,63938,58685.005.65$2,567,179
Oct 202232,26340,89387.185.86$3,052,475
Sep 202231,97533,11284.888.16$2,984,354
Aug 202240,09543,69094.529.13$4,188,545
Jul 202243,66449,171101.587.54$4,806,241
Jun 20223,2824,001115.097.98$409,642
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$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                  115 bbl  × $106.41 =    $12,237
Casinghead gas       475 Mcf  × $  3.05 =     $1,447

────────────────────────────────────────────────────
Month total                                  $13,684

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/57499 is the state's own key, not one this site invented.