STATE "K"

Name: STATE "K" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 12073District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$716 k

Jan 1993 – Apr 2020

Value, last 12 filed months

at the published price for each month

Months reported

328

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

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 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Oil	Disposition	12,072 bbl	$462,038
Casinghead gas	Production	123,710 Mcf	$254,082
Total			$716,120

61,871 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.0960, -101.4869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09601, -101.48695 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,950 ft

1 wells filed one

Completion to plug

3.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 6,950 ft.

Completions filed

Nov 2016

1 of 1 wells

Plug dates filed

Dec 2019

1 of 1 wells

Last completion to plug: a median of 3.1 years across the 1 well that filed both dates, with the middle half between 3.1 years and 3.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38333765	1	6,950 ft	Nov 2016	Dec 2019	Yes

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 (328)

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

328 months


Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	39	0	48.76	3.72	$1,902
Nov 2016	0	93	42.49	2.64	$246
Oct 2016	185	169	46.19	3.09	$9,067
Sep 2016	0	234	41.55	3.10	$726
Aug 2016	2	266	41.44	2.92	$861
Jul 2016	0	298	41.62	2.92	$871
Jun 2016	1	230	45.35	2.69	$663
May 2016	0	216	42.52	1.99	$430
Apr 2016	0	158	36.56	1.99	$315
Mar 2016	187	225	33.01	1.79	$6,577
Feb 2016	0	193	26.47	2.06	$398
Jan 2016	0	213	27.35	2.36	$504
Dec 2015	0	181	32.36	2.00	$362
Nov 2015	0	191	38.79	2.17	$414
Oct 2015	0	238	43.55	2.43	$578
Sep 2015	178	226	42.99	2.76	$8,276
Aug 2015	0	167	40.16	2.87	$480
Jul 2015	0	162	48.15	2.95	$477
Jun 2015	0	154	56.15	2.88	$444
May 2015	0	150	55.21	2.96	$443
Apr 2015	0	176	49.82	2.71	$476
Mar 2015	0	182	42.89	2.93	$534
Feb 2015	1	185	44.66	2.98	$595
Jan 2015	166	225	43.43	3.10	$7,907
Dec 2014	0	168	54.69	3.59	$603
Nov 2014	0	158	70.46	4.25	$672
Oct 2014	0	151	78.30	3.90	$589
Sep 2014	0	148	86.16	4.05	$599
Aug 2014	0	151	89.39	4.04	$609
Jul 2014	0	174	96.56	4.18	$727
Jun 2014	183	193	98.16	4.74	$18,878
May 2014	0	153	94.73	4.73	$723
Apr 2014	0	151	95.94	4.81	$726
Mar 2014	0	148	95.89	5.06	$748
Feb 2014	0	133	97.40	6.19	$824
Jan 2014	0	350	90.40	4.86	$1,701
Dec 2013	175	193	91.82	4.35	$16,909
Nov 2013	0	143	88.85	3.74	$535
Oct 2013	0	143	97.42	3.78	$540
Sep 2013	0	102	104.11	3.72	$379
Aug 2013	0	106	104.25	3.52	$373
Jul 2013	1	127	102.52	3.72	$575
Jun 2013	0	116	94.40	3.93	$456
May 2013	175	129	94.83	4.15	$17,130
Apr 2013	0	139	93.96	4.28	$595
Mar 2013	0	147	93.62	3.91	$575
Feb 2013	0	136	91.23	3.42	$465
Jan 2013	1	147	91.60	3.42	$594
Dec 2012	0	132	86.77	3.42	$451
Nov 2012	185	127	86.95	3.62	$16,546
Oct 2012	0	147	89.38	3.40	$500
Sep 2012	0	144	94.67	2.92	$420
Aug 2012	0	150	92.66	2.91	$436
Jul 2012	0	149	85.13	3.02	$450
Jun 2012	0	146	79.82	2.52	$368
May 2012	0	155	91.61	2.49	$386
Apr 2012	186	149	101.65	2.00	$19,204
Mar 2012	0	152	105.05	2.22	$338
Feb 2012	0	139	101.10	2.57	$357
Jan 2012	0	147	98.09	2.73	$402
Dec 2011	0	146	96.87	3.24	$473
Nov 2011	0	145	95.72	3.31	$480
Oct 2011	184	136	84.98	3.65	$16,133
Sep 2011	0	139	83.62	3.99	$554
Aug 2011	0	147	83.40	4.15	$610
Jul 2011	0	149	94.14	4.52	$673
Jun 2011	0	146	92.90	4.64	$677
May 2011	0	150	98.13	4.40	$661
Apr 2011	181	141	105.96	4.33	$19,790
Mar 2011	0	157	96.36	4.06	$637
Feb 2011	0	137	85.64	4.18	$573
Jan 2011	0	156	86.50	4.59	$716
Dec 2010	0	148	85.73	4.35	$643
Nov 2010	0	151	80.84	3.80	$573
Oct 2010	179	141	78.10	3.51	$14,475
Sep 2010	0	143	72.63	3.98	$569
Aug 2010	0	147	73.68	4.42	$650
Jul 2010	0	154	72.55	4.74	$729
Jun 2010	1	150	70.36	4.91	$807
May 2010	1	154	71.12	4.24	$723
Apr 2010	0	153	81.69	4.12	$631
Mar 2010	179	152	78.39	4.39	$14,699
Feb 2010	0	141	73.58	5.44	$767
Jan 2010	0	151	74.36	5.96	$901
Dec 2009	0	149	71.44	5.48	$817
Nov 2009	0	137	74.59	3.75	$514
Oct 2009	178	137	72.54	4.11	$13,475
Sep 2009	0	139	65.54	3.06	$426
Aug 2009	0	150	67.42	3.22	$483
Jul 2009	0	149	61.13	3.46	$516
Jun 2009	0	148	66.16	3.90	$576
May 2009	0	226	54.74	3.93	$887
Apr 2009	176	258	46.77	3.59	$9,157
Mar 2009	0	261	42.14	4.06	$1,059
Feb 2009	0	234	32.81	4.63	$1,084
Jan 2009	0	248	35.86	5.37	$1,332
Dec 2008	174	231	37.10	5.98	$7,836
Nov 2008	0	222	55.49	6.86	$1,523
Oct 2008	0	218	75.24	6.92	$1,509
Sep 2008	1	187	101.76	7.88	$1,575
Aug 2008	1	209	114.22	8.48	$1,887
Jul 2008	0	195	131.08	11.39	$2,221
Jun 2008	177	198	131.33	13.03	$25,826
May 2008	0	203	123.17	11.57	$2,350
Apr 2008	1	207	110.31	10.45	$2,274
Mar 2008	0	203	101.90	9.66	$1,962
Feb 2008	1	180	92.53	8.77	$1,671
Jan 2008	0	185	90.38	8.21	$1,518
Dec 2007	178	184	88.33	7.30	$17,066
Nov 2007	0	164	91.67	7.29	$1,196
Oct 2007	0	169	82.85	6.92	$1,170
Sep 2007	0	173	75.84	6.24	$1,080
Aug 2007	0	174	69.06	6.39	$1,112
Jul 2007	0	172	70.90	6.39	$1,099
Jun 2007	149	158	62.00	7.55	$10,431
May 2007	0	167	58.74	7.85	$1,310
Apr 2007	1	164	59.61	7.81	$1,340
Mar 2007	0	169	56.92	7.30	$1,234
Feb 2007	155	149	55.10	8.22	$9,765
Jan 2007	0	163	50.30	6.73	$1,096
Dec 2006	1	112	56.65	6.92	$832
Nov 2006	0	174	54.20	7.62	$1,325
Oct 2006	174	162	54.90	6.01	$10,527
Sep 2006	0	163	60.08	5.04	$821
Aug 2006	0	170	68.71	7.34	$1,248
Jul 2006	0	163	69.37	6.34	$1,034
Jun 2006	0	159	66.28	6.38	$1,015
May 2006	0	139	66.01	6.42	$893
Apr 2006	172	145	64.39	7.36	$12,142
Mar 2006	0	151	56.70	7.08	$1,070
Feb 2006	0	148	57.59	7.75	$1,147
Jan 2006	0	143	60.59	8.93	$1,277
Dec 2005	180	228	54.94	13.42	$12,948
Nov 2005	0	237	54.69	10.59	$2,509
Oct 2005	2	161	58.34	13.80	$2,338
Sep 2005	0	185	61.45	12.08	$2,235
Aug 2005	1	202	61.51	9.80	$2,040
Jul 2005	0	189	55.69	7.84	$1,482
Jun 2005	178	229	52.33	7.38	$11,005
May 2005	0	174	45.22	6.65	$1,157
Apr 2005	0	157	49.20	7.36	$1,156
Mar 2005	1	203	50.37	7.15	$1,503
Feb 2005	0	146	45.22	6.31	$922
Jan 2005	182	144	43.16	6.32	$8,766
Dec 2004	0	87	39.86	6.75	$587
Nov 2004	0	149	45.28	6.33	$943
Oct 2004	0	213	49.70	6.52	$1,388
Sep 2004	3	245	43.24	5.28	$1,424
Aug 2004	178	203	42.37	5.55	$8,669
Jul 2004	0	236	38.28	6.08	$1,436
Jun 2004	0	235	36.10	6.43	$1,512
May 2004	0	194	37.48	6.49	$1,260
Apr 2004	0	188	34.47	5.86	$1,101
Mar 2004	1	225	34.36	5.53	$1,279
Feb 2004	181	220	32.45	5.51	$7,086
Jan 2004	2	254	32.03	6.30	$1,664
Dec 2003	0	181	30.26	6.30	$1,141
Nov 2003	0	218	28.80	4.60	$1,002
Oct 2003	175	204	28.17	4.76	$5,901
Sep 2003	0	249	26.31	4.75	$1,183
Aug 2003	0	249	29.76	5.13	$1,277
Jul 2003	0	237	29.41	5.17	$1,225
Jun 2003	0	184	28.56	5.98	$1,101
May 2003	0	263	26.59	5.97	$1,571
Apr 2003	180	296	26.67	5.41	$6,401
Mar 2003	0	267	31.14	6.10	$1,628
Feb 2003	0	277	33.48	7.93	$2,195
Jan 2003	0	217	30.31	5.58	$1,211
Dec 2002	186	393	26.91	4.85	$6,913
Nov 2002	0	297	24.66	4.14	$1,229
Oct 2002	0	395	26.46	4.23	$1,671
Sep 2002	1	313	27.44	3.64	$1,165
Aug 2002	0	326	25.96	3.16	$1,032
Jul 2002	0	229	24.58	3.06	$701
Jun 2002	178	375	23.73	3.34	$5,476
May 2002	0	425	24.66	3.58	$1,523
Apr 2002	2	452	23.65	3.51	$1,635
Mar 2002	0	345	22.00	3.10	$1,070
Feb 2002	0	256	18.22	2.38	$608
Jan 2002	184	310	17.17	2.38	$3,896
Dec 2001	2	388	16.93	2.36	$951
Nov 2001	2	217	18.07	2.41	$558
Oct 2001	0	361	19.78	2.53	$913
Sep 2001	0	224	24.26	2.25	$504
Aug 2001	181	385	24.87	3.05	$5,677
Jul 2001	0	378	23.93	3.20	$1,209
Jun 2001	0	370	24.56	3.82	$1,415
May 2001	1	315	25.52	4.31	$1,382
Apr 2001	180	329	24.68	5.34	$6,198
Mar 2001	0	379	24.54	5.38	$2,038
Feb 2001	0	339	27.75	5.77	$1,955
Jan 2001	0	322	27.47	8.40	$2,704
Dec 2000	182	343	26.88	9.12	$8,021
Nov 2000	0	361	32.21	5.66	$2,043
Oct 2000	0	329	31.23	5.15	$1,693
Sep 2000	0	426	31.87	5.19	$2,209
Aug 2000	0	324	29.64	4.54	$1,471
Jul 2000	179	298	28.53	4.09	$6,326
Jun 2000	0	290	29.30	4.40	$1,275
May 2000	0	381	27.26	3.68	$1,402
Apr 2000	0	401	24.51	3.12	$1,250
Mar 2000	189	311	28.42	2.86	$6,261
Feb 2000	0	333	27.62	2.73	$908
Jan 2000	0	371	25.27	2.48	$920
Dec 1999	0	363	24.28	2.42	$880
Nov 1999	179	358	23.19	2.43	$5,022
Oct 1999	0	380	20.98	2.80	$1,065
Sep 1999	0	365	21.75	2.62	$956
Aug 1999	0	224	19.26	2.88	$644
Jul 1999	179	357	17.89	2.37	$4,049
Jun 1999	0	366	15.94	2.36	$865
May 1999	1	354	15.79	2.32	$837
Apr 1999	0	389	15.10	2.21	$859
Mar 1999	185	339	12.47	1.84	$2,930
Feb 1999	0	273	9.98	1.82	$496
Jan 1999	0	376	10.38	1.90	$714
Dec 1998	0	378	9.20	1.77	$670
Nov 1998	186	475	10.89	2.19	$3,064
Oct 1998	0	599	12.42	1.97	$1,180
Sep 1998	1	666	12.59	2.08	$1,400
Aug 1998	180	615	11.30	1.91	$3,207
Jul 1998	0	623	11.74	2.24	$1,394
Jun 1998	0	625	11.24	2.24	$1,398
May 1998	0	628	12.62	2.21	$1,386
Apr 1998	180	595	13.04	2.51	$3,838
Mar 1998	0	638	12.80	2.31	$1,473
Feb 1998	0	609	13.95	2.30	$1,400
Jan 1998	165	662	14.70	2.15	$3,852
Dec 1997	4	678	16.32	2.41	$1,700
Nov 1997	0	613	18.19	3.09	$1,893
Oct 1997	178	771	19.25	3.15	$5,855
Sep 1997	0	663	17.74	2.95	$1,959
Aug 1997	0	730	17.86	2.55	$1,865
Jul 1997	0	818	17.58	2.25	$1,838
Jun 1997	182	771	17.24	2.26	$4,878
May 1997	1	797	18.97	2.31	$1,859
Apr 1997	181	726	17.88	2.08	$4,748
Mar 1997	1	739	18.95	1.94	$1,452
Feb 1997	0	675	20.49	2.21	$1,489
Jan 1997	1	746	23.48	3.54	$2,664
Dec 1996	1	835	23.32	—	$23
Nov 1996	175	801	21.97	—	$3,845
Oct 1996	1	852	23.31	—	$23
Sep 1996	0	875	22.22	—	$0
Aug 1996	175	927	20.26	—	$3,546
Jul 1996	0	1,007	19.55	—	$0
Jun 1996	0	974	18.73	—	$0
May 1996	0	1,041	19.43	—	$0
Apr 1996	177	1,024	21.51	—	$3,807
Mar 1996	0	1,088	19.38	—	$0
Feb 1996	0	1,042	16.98	—	$0
Jan 1996	176	1,127	17.07	—	$3,004
Dec 1995	0	1,148	17.19	—	$0
Nov 1995	181	1,118	16.00	—	$2,896
Oct 1995	0	1,215	15.43	—	$0
Sep 1995	0	1,207	16.18	—	$0
Aug 1995	178	1,254	15.92	—	$2,834
Jul 1995	0	1,323	15.24	—	$0
Jun 1995	0	1,268	16.41	—	$0
May 1995	174	1,333	17.56	—	$3,055
Apr 1995	0	248	17.73	—	$0
Mar 1995	185	1,261	16.44	—	$3,041
Feb 1995	0	1,142	16.58	—	$0
Jan 1995	1	1,200	15.92	—	$16
Dec 1994	185	1,298	15.03	—	$2,781
Nov 1994	0	1,350	15.90	—	$0
Oct 1994	189	1,452	15.58	—	$2,945
Sep 1994	0	1,395	15.29	—	$0
Aug 1994	1	1,453	16.13	—	$16
Jul 1994	179	1,488	17.56	—	$3,143
Jun 1994	1	1,473	17.09	—	$17
May 1994	180	1,477	15.88	—	$2,858
Apr 1994	0	1,440	14.14	—	$0
Mar 1994	180	1,457	12.46	—	$2,243
Feb 1994	1	1,344	12.50	—	$13
Jan 1994	179	1,367	12.66	—	$2,266
Dec 1993	0	1,324	12.33	—	$0
Nov 1993	179	1,506	14.49	—	$2,594
Oct 1993	2	1,643	15.85	—	$32
Sep 1993	181	1,577	15.03	—	$2,720
Aug 1993	1	1,728	15.66	—	$16
Jul 1993	184	1,724	15.46	—	$2,845
Jun 1993	0	1,694	16.79	—	$0
May 1993	180	1,725	17.68	—	$3,182
Apr 1993	0	1,684	18.05	—	$0
Mar 1993	181	1,738	18.14	—	$3,283
Feb 1993	2	1,555	17.90	—	$36
Jan 1993	179	1,669	16.93	—	$3,030

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.

Dec 2016 — as filed, then multipliedworked

Oil                   39 bbl  × $ 48.76 =     $1,902
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                   $1,902

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. 7C/O/12073 is the state's own key, not one this site invented.