ELKIN-ESTES 34K

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 57649District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$45.6 M
May 2022 – May 2026
Value, last 12 filed months
$4.1 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
OilDisposition515,657 bbl$42,022,233
Casinghead gasProduction934,590 Mcf$3,572,533
Total$45,594,766

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 31.9455, -101.9879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94554, -101.98794 · 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
8,499 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 8,499 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-3294506811H8,499 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 20262,9763,518106.413.05$327,391
Apr 20261,4502,44598.932.87$150,465
Mar 20261,7121,64189.753.15$158,820
Feb 202665080063.503.75$44,275
Jan 20262,4823,30759.138.00$173,210
Dec 20252,9947,25756.664.41$201,668
Nov 20254,17911,26558.593.93$289,079
Oct 20257,61923,23959.383.30$529,217
Sep 20257,67123,18262.743.08$552,608
Aug 20257,57420,44163.933.01$545,831
Jul 20257,97419,24866.743.32$595,996
Jun 20257,42316,60066.483.13$545,418
May 20257,65416,53560.553.23$516,896
Apr 20256,88412,51962.363.54$473,643
Mar 20256,4349,43767.704.27$475,862
Feb 20255,1876,08070.884.34$394,047
Jan 20255,2865,06474.324.28$414,523
Dec 20244,3373,82568.993.12$311,149
Nov 20243,2402,96169.052.20$230,232
Oct 202456466171.372.28$41,761
Sep 2024683069.612.36$4,804
Aug 20245831,15275.632.06$46,470
Jul 20247,60125,66279.932.15$662,634
Jun 20249,37228,95078.082.63$808,019
May 20249,62928,59978.812.20$821,735
Apr 202410,02829,15584.451.66$895,239
Mar 202410,61229,08380.301.55$897,081
Feb 202410,18626,45176.091.78$822,232
Jan 20249,09824,00873.023.30$743,506
Dec 202313,10323,82771.262.61$995,925
Nov 20239,49219,02977.892.81$792,757
Oct 202311,16824,63585.443.09$1,030,249
Sep 202312,23932,40089.042.74$1,178,376
Aug 202313,37631,01580.522.67$1,159,935
Jul 202312,75322,96274.852.64$1,015,223
Jun 20239,21816,81768.962.26$673,654
May 202316,53935,23670.622.23$1,246,469
Apr 202318,06334,45078.122.24$1,488,172
Mar 202318,55434,35972.852.39$1,433,885
Feb 202315,18923,26075.112.47$1,198,198
Jan 202310,48016,59376.533.39$858,247
Dec 202221,80636,79576.415.73$1,876,998
Nov 202223,42537,35085.005.65$2,202,011
Oct 202224,11433,83087.185.86$2,300,630
Sep 202227,91533,31984.888.16$2,641,431
Aug 202230,86730,89094.529.13$3,199,487
Jul 202228,73529,356101.587.54$3,140,307
Jun 202224,14123,559115.097.98$2,966,323
May 202213,01311,793109.378.43$1,522,683

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                2,976 bbl  × $106.41 =   $316,676
Casinghead gas     3,518 Mcf  × $  3.05 =    $10,715

────────────────────────────────────────────────────
Month total                                 $327,391

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/57649 is the state's own key, not one this site invented.