WELCH-COX W39L

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 58501District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$21.0 M
Sep 2022 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
45
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
OilDisposition263,128 bbl$19,708,583
Casinghead gasProduction475,216 Mcf$1,334,927
Total$21,043,509

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 32.2851, -101.9583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28509, -101.95832 · 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
8,820 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 8,820 ft.

Completions filed
Jan 2023
1 of 1 wells

1 well

42-31743542212H8,820 ftJan 2023

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 (45)

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

45 months

May 20261,7245,365106.413.05$199,792
Apr 20261,7685,74798.932.87$191,401
Mar 20261,6055,38789.753.15$161,015
Feb 20261,8956,86763.503.75$146,086
Jan 20261,8857,47959.138.00$171,276
Dec 20252,1467,83356.664.41$156,162
Nov 20252,1987,85458.593.93$159,619
Oct 20252,2287,32759.383.30$156,513
Sep 20252,0425,50262.743.08$145,044
Aug 20252,3256,58763.933.01$168,495
Jul 20252,2256,77066.743.32$170,940
Jun 20252,1265,67466.483.13$159,089
May 20252,9767,49260.553.23$204,413
Apr 20252,7096,82462.363.54$193,111
Mar 20253,0937,77167.704.27$242,565
Feb 20253,0487,54270.884.34$248,781
Jan 20253,48610,38874.324.28$303,526
Dec 20243,86010,19768.993.12$298,130
Nov 20243,5547,12169.052.20$261,059
Oct 20243,8747,74171.372.28$294,148
Sep 20243,7767,73769.612.36$281,140
Aug 20244,1574,82275.632.06$324,345
Jul 20244,07110,83779.932.15$348,658
Jun 20245,06911,63878.082.63$426,442
May 20245,30311,72478.812.20$443,704
Apr 20247,16418,25884.451.66$635,293
Mar 20248,95917,60880.301.55$746,614
Feb 20242,6895,22776.091.78$213,929
Jan 20245,99415,44673.023.30$488,618
Dec 20237,59118,90671.262.61$590,293
Nov 20238,17220,60077.892.81$694,353
Oct 20238,74120,94785.443.09$811,500
Sep 20239,07718,20789.042.74$858,013
Aug 202311,13118,17180.522.67$944,837
Jul 202312,15118,65474.852.64$958,782
Jun 202313,67519,04968.962.26$986,050
May 202317,38520,14470.622.23$1,272,597
Apr 202324,45525,78578.122.24$1,968,125
Mar 202330,23527,73372.852.39$2,268,989
Feb 202320,28918,13975.112.47$1,568,632
Jan 20232,2772,11676.533.39$181,427
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$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                1,724 bbl  × $106.41 =   $183,451
Casinghead gas     5,365 Mcf  × $  3.05 =    $16,341

────────────────────────────────────────────────────
Month total                                 $199,792

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/58501 is the state's own key, not one this site invented.