PINKERTON-LOUDER 10K

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 60412District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$18.4 M
Aug 2023 – May 2026
Value, last 12 filed months
$4.1 M
at the published price for each month
Months reported
34
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
OilDisposition240,591 bbl$17,615,764
Casinghead gasProduction262,159 Mcf$799,608
Total$18,415,372

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 32.1421, -101.9240. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14206, -101.92401 · 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
8,192 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 8,192 ft.

Completions filed
Feb 2024
1 of 1 wells

1 well

42-3174484211H8,192 ftFeb 2024

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 (34)

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

34 months

May 20265,5178,686106.413.05$613,520
Apr 20264,7567,68798.932.87$492,571
Mar 20265,0688,53889.753.15$481,743
Feb 20264,4456,37063.503.75$306,147
Jan 20263,8053,16859.138.00$250,327
Dec 20253,6313,57656.664.41$221,515
Nov 20253,9674,21258.593.93$248,965
Oct 20254,4794,38359.383.30$280,448
Sep 20254,4204,04362.743.08$289,751
Aug 20253,7392,75863.933.01$247,349
Jul 20252,1192,85566.743.32$150,887
Jun 20256,8479,81966.483.13$485,909
May 20258,78612,78760.553.23$573,324
Apr 202510,14412,35662.363.54$676,359
Mar 202511,31615,07167.704.27$830,421
Feb 202511,75713,35570.884.34$891,308
Jan 202514,02217,85374.324.28$1,118,502
Dec 202415,84318,14368.993.12$1,149,640
Nov 202416,02017,94669.052.20$1,145,634
Oct 202416,63515,85771.372.28$1,223,416
Sep 20243,9772,95069.612.36$283,814
Aug 20241,50835475.632.06$114,781
Jul 202410,2809,89179.932.15$842,912
Jun 202416,26415,49778.082.63$1,310,712
May 202420,58916,88778.812.20$1,659,744
Apr 202410,4688,71184.451.66$898,476
Mar 202414,53212,54780.301.55$1,186,306
Feb 20245,6575,85976.091.78$440,891
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$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                5,517 bbl  × $106.41 =   $587,064
Casinghead gas     8,686 Mcf  × $  3.05 =    $26,456

────────────────────────────────────────────────────
Month total                                 $613,520

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/60412 is the state's own key, not one this site invented.