OWENS

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 12438District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
401
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition75,230 bbl$5,074,089
Casinghead gasProduction224,127 Mcf$604,354
Total$5,678,442

62,430 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 (2)

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 31.3372, -101.8989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.33722, -101.89886 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
9,463 ft
2 wells filed one
Completion to plug
37.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 8,550 and 10,375 ft, median 9,463 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1988 – Sep 2011
2 of 2 wells
Plug dates filed
Oct 2025
1 of 2 wells; 1 filed none

Last completion to plug: a median of 37.6 years across the 1 well that filed both dates, with the middle half between 37.6 years and 37.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46137453310,375 ftSep 2011
42-4613273018,550 ftMar 1988Oct 2025Yes

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 (401)

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

401 months

May 202630106.413.05$319
Apr 20260098.932.87$0
Mar 202613089.753.15$1,167
Feb 20265063.503.75$318
Jan 20261059.138.00$59
Dec 202510056.664.41$567
Nov 202541058.593.93$2,402
Oct 2025791459.383.30$4,737
Sep 202574062.743.08$4,643
Aug 202591063.933.01$5,818
Jul 2025123066.743.32$8,209
Jun 2025841866.483.13$5,641
May 202510413160.553.23$6,721
Apr 20259013062.363.54$6,073
Mar 202518914567.704.27$13,414
Feb 202514414870.884.34$10,849
Jan 202517817774.324.28$13,986
Dec 202422220468.993.12$15,953
Nov 202421919169.052.20$15,542
Oct 202418621171.372.28$13,756
Sep 202416418369.612.36$11,849
Aug 202418422475.632.06$14,378
Jul 202422923379.932.15$18,804
Jun 202419318678.082.63$15,559
May 202419223678.812.20$15,650
Apr 202421422684.451.66$18,447
Mar 202411217480.301.55$9,262
Feb 202419517376.091.78$15,146
Jan 202419216273.023.30$14,554
Dec 202330916771.262.61$22,455
Nov 202326716777.892.81$21,265
Oct 202323617885.443.09$20,713
Sep 202312011289.042.74$10,991
Aug 202324121880.522.67$19,988
Jul 202324927674.852.64$19,367
Jun 202315424268.962.26$11,166
May 202310720970.622.23$8,022
Apr 202316320778.122.24$13,197
Mar 20237220972.852.39$5,745
Feb 2023013475.112.47$330
Jan 20239076.533.39$689
Dec 202243076.415.73$3,286
Nov 20229815985.005.65$9,228
Oct 202211925487.185.86$11,864
Sep 2022015984.888.16$1,298
Aug 2022026994.529.13$2,455
Jul 20224260101.587.54$2,367
Jun 202245242115.097.98$7,110
May 2022066109.378.43$557
Apr 202200104.226.84$0
Mar 202220108.885.08$218
Feb 20220091.054.86$0
Jan 20221081.844.54$82
Dec 202114071.323.90$998
Nov 202112177.435.24$934
Oct 20211212479.795.71$1,666
Sep 2021912269.865.35$1,282
Aug 202111066.024.22$726
Jul 20212413170.783.98$2,220
Jun 2021713169.493.38$929
May 20212312563.483.02$1,837
Apr 20217131160.362.76$5,143
Mar 20219430061.302.72$6,577
Feb 20217422457.805.55$5,520
Jan 202112041750.412.81$7,221
Dec 202011945444.642.68$6,527
Nov 202016148538.772.71$7,555
Oct 202016748036.972.48$7,364
Sep 202018753137.091.99$7,993
Aug 20209354839.982.39$5,025
Jul 202015851038.371.83$6,993
Jun 202019150934.901.69$7,526
May 202014752116.921.81$3,433
Apr 202017646214.751.80$3,430
Mar 202022648230.341.86$7,752
Feb 202021348349.881.98$11,581
Jan 202024053457.252.09$14,859
Dec 201926066059.012.30$16,863
Nov 201925247555.302.75$15,242
Oct 201923554853.472.42$13,891
Sep 201922253855.052.66$13,651
Aug 201923055653.112.30$13,497
Jul 201919252356.272.46$12,090
Jun 201911826652.782.49$6,891
May 201930250358.482.74$19,039
Apr 201923644662.632.75$16,007
Mar 201922940956.803.06$14,260
Feb 201930243950.852.79$16,582
Jan 201934848446.033.23$17,581
Dec 201830448846.594.19$16,206
Nov 201838851652.934.24$22,723
Oct 201845056661.443.40$29,571
Sep 201834052359.543.11$21,869
Aug 201841055359.403.07$26,050
Jul 201843758265.142.93$30,173
Jun 201837754760.183.08$24,371
May 201854250365.382.90$36,895
Apr 201860057263.842.90$39,963
Mar 201842852361.222.79$27,660
Feb 201824950161.782.77$16,769
Jan 201829558262.874.01$20,880
Dec 201729150657.272.92$18,144
Nov 201728763255.423.12$17,876
Oct 201732261049.292.98$17,691
Sep 201727243147.523.09$14,256
Aug 201714122645.373.00$7,076
Jul 201725636643.873.09$12,361
Jun 201728438742.493.09$13,262
May 201729158645.373.26$15,115
Apr 201727853047.933.21$15,027
Mar 201729957146.772.98$15,688
Feb 201728063250.452.95$15,992
Jan 201729655649.413.42$16,526
Dec 201636965948.763.72$20,446
Nov 201634663142.492.64$16,370
Oct 201633865046.193.09$17,621
Sep 201630663041.553.10$14,668
Aug 201635673141.442.92$16,890
Jul 201642061741.622.92$19,285
Jun 201630550145.352.69$15,177
May 201634853042.521.99$15,852
Apr 201636857536.561.99$14,599
Mar 201611920533.011.79$4,296
Feb 201618439426.472.06$5,684
Jan 201631069627.352.36$10,124
Dec 201521952832.362.00$8,144
Nov 201530732638.792.17$12,615
Oct 201517012943.552.43$7,717
Sep 201525112542.992.76$11,135
Aug 201533340740.162.87$14,542
Jul 201532393648.152.95$18,309
Jun 201533178656.152.88$20,852
May 201542586355.212.96$26,015
Apr 201546070849.822.71$24,833
Mar 201536868442.892.93$17,791
Feb 201534276944.662.98$17,562
Jan 201553972543.433.10$25,657
Dec 201445873354.693.59$27,680
Nov 201445395670.464.25$35,983
Oct 201440780078.303.90$34,989
Sep 201431981286.164.05$30,770
Aug 201443796289.394.04$42,945
Jul 201428063196.564.18$29,674
Jun 201451689898.164.74$54,904
May 201445498694.734.73$47,668
Apr 201436469695.944.81$38,269
Mar 201449187495.895.06$51,502
Feb 201442868097.406.19$45,898
Jan 20145791,08590.404.86$57,615
Dec 201360494991.824.35$59,592
Nov 201335280088.853.74$34,266
Oct 201346591597.423.78$48,758
Sep 2013472996104.113.72$52,843
Aug 2013477896104.253.52$52,884
Jul 20135551,169102.523.72$61,245
Jun 20135921,16494.403.93$60,463
May 20134441,00894.834.15$46,287
Apr 20136791,14393.964.28$68,694
Mar 20136311,12193.623.91$63,461
Feb 20136001,10691.233.42$58,520
Jan 20136781,15391.603.42$66,048
Dec 20127131,20186.773.42$65,975
Nov 20126511,11286.953.62$60,635
Oct 20127861,34589.383.40$74,825
Sep 20127281,36894.672.92$72,912
Aug 20128451,60092.662.91$82,951
Jul 20128691,65785.133.02$78,983
Jun 20129121,65079.822.52$76,952
May 20121,0332,05091.612.49$99,734
Apr 20121,1993,425101.652.00$128,717
Mar 20121,5103,124105.052.22$165,567
Feb 20121,6892,401101.102.57$176,929
Jan 20121,8082,15598.092.73$183,239
Dec 20112,0981,05696.873.24$206,654
Nov 20112,2421,69695.723.31$220,220
Oct 20112,0971,97584.983.65$185,409
Sep 201121163083.623.99$20,155
Aug 20117144483.404.15$7,764
Jul 20117343194.144.52$8,819
Jun 20113237492.904.64$4,708
May 20114428198.134.40$5,555
Apr 201186549105.964.33$11,492
Mar 20118152596.364.06$9,935
Feb 20119338185.644.18$9,557
Jan 20117840386.504.59$8,596
Dec 20109040185.734.35$9,459
Nov 20107733580.843.80$7,496
Oct 20109639678.103.51$8,887
Sep 20108342972.633.98$7,735
Aug 201011134873.684.42$9,716
Jul 20108945772.554.74$8,622
Jun 20109839470.364.91$8,830
May 20109038371.124.24$8,023
Apr 20109736381.694.12$9,420
Mar 201012337278.394.39$11,275
Feb 20105633573.585.44$5,944
Jan 20109136774.365.96$8,956
Dec 20099638471.445.48$8,964
Nov 20098739174.593.75$7,956
Oct 20099040872.544.11$8,206
Sep 20098941965.543.06$7,117
Aug 200910140867.423.22$8,123
Jul 20099444061.133.46$7,271
Jun 20098344966.163.90$7,240
May 20099642754.743.93$6,931
Apr 20099242746.773.59$5,835
Mar 20098345342.144.06$5,336
Feb 20096841132.814.63$4,135
Jan 20098246935.865.37$5,460
Dec 200811345737.105.98$6,924
Nov 200824833355.496.86$16,046
Oct 20086822975.246.92$6,701
Sep 200899303101.767.88$12,461
Aug 2008118343114.228.48$16,388
Jul 2008138354131.0811.39$22,121
Jun 200892342131.3313.03$16,540
May 2008156299123.1711.57$22,675
Apr 2008181328110.3110.45$23,395
Mar 20080340101.909.66$3,286
Feb 200817733792.538.77$19,334
Jan 2008031990.388.21$2,618
Dec 200718031188.337.30$18,170
Nov 200718230791.677.29$18,922
Oct 2007334082.856.92$2,602
Sep 2007031875.846.24$1,986
Aug 200718032969.066.39$14,532
Jul 200717930770.906.39$14,652
Jun 2007026562.007.55$2,000
May 200718228258.747.85$12,903
Apr 2007127659.617.81$2,214
Mar 2007127756.927.30$2,080
Feb 200718727955.108.22$12,596
Jan 2007023750.306.73$1,594
Dec 2006025756.656.92$1,778
Nov 2006025154.207.62$1,912
Oct 2006127154.906.01$1,685
Sep 200617727060.085.04$11,994
Aug 200618731368.717.34$15,146
Jul 2006132669.376.34$2,137
Jun 2006232566.286.38$2,207
May 200618126666.016.42$13,657
Apr 2006122264.397.36$1,698
Mar 2006022956.707.08$1,622
Feb 2006123457.597.75$1,871
Jan 2006023460.598.93$2,090
Dec 2005022954.9413.42$3,072
Nov 2005122654.6910.59$2,448
Oct 2005023858.3413.80$3,283
Sep 2005022261.4512.08$2,682
Aug 2005025361.519.80$2,479
Jul 200518125755.697.84$12,096
Jun 2005127352.337.38$2,067
May 2005127745.226.65$1,888
Apr 200518624849.207.36$10,977
Mar 2005027350.377.15$1,953
Feb 2005226445.226.31$1,757
Jan 200518329243.166.32$9,744
Dec 2004030339.866.75$2,046
Nov 2004028345.286.33$1,792
Oct 2004031949.706.52$2,078
Sep 200418931643.245.28$9,842
Aug 2004031742.375.55$1,760
Jul 2004332238.286.08$2,074
Jun 2004029836.106.43$1,917
May 200418031637.486.49$8,799
Apr 2004031934.475.86$1,869
Mar 200418432834.365.53$8,136
Feb 2004030732.455.51$1,691
Jan 2004030832.036.30$1,940
Dec 200318231830.266.30$7,511
Nov 2003029328.804.60$1,346
Oct 2003029428.174.76$1,399
Sep 2003028926.314.75$1,373
Aug 200318033629.765.13$7,080
Jul 2003125529.415.17$1,348
Jun 200318225928.565.98$6,748
May 2003028626.595.97$1,708
Apr 2003029126.675.41$1,574
Mar 200318729131.146.10$7,597
Feb 2003129333.487.93$2,356
Jan 200318430630.315.58$7,285
Dec 2002629526.914.85$1,593
Nov 2002429324.664.14$1,311
Oct 2002030926.464.23$1,307
Sep 200217930327.443.64$6,013
Aug 2002131225.963.16$1,013
Jul 2002030924.583.06$946
Jun 200218131523.733.34$5,347
May 2002033624.663.58$1,204
Apr 2002032823.653.51$1,152
Mar 200218528922.003.10$4,967
Feb 2002030418.222.38$722
Jan 2002025217.172.38$599
Dec 200118429916.932.36$3,822
Nov 2001015418.072.41$370
Oct 2001015719.782.53$397
Sep 200118617024.262.25$4,895
Aug 2001014824.873.05$452
Jul 2001117623.933.20$587
Jun 200117817424.563.82$5,037
May 2001036725.524.31$1,581
Apr 2001039624.685.34$2,113
Mar 2001042824.545.38$2,301
Feb 200118726927.755.77$6,741
Jan 2001225227.478.40$2,171
Dec 2000019526.889.12$1,779
Nov 200018418532.215.66$6,973
Oct 2000018531.235.15$952
Sep 2000018431.875.19$954
Aug 2000021029.644.54$954
Jul 200017621628.534.09$5,905
Jun 2000021629.304.40$950
May 200018520527.263.68$5,797
Apr 2000017724.513.12$552
Mar 2000019628.422.86$561
Feb 200018418227.622.73$5,578
Jan 2000020725.272.48$513
Dec 1999023224.282.42$562
Nov 199918522523.192.43$4,838
Oct 1999035220.982.80$987
Sep 1999039221.752.62$1,027
Aug 199918458919.262.88$5,238
Jul 1999047317.892.37$1,122
Jun 199918651615.942.36$4,184
May 1999067015.792.32$1,555
Apr 1999050515.102.21$1,115
Mar 199918660912.471.84$3,439
Feb 199904649.981.82$843
Jan 199919053010.381.90$2,979
Dec 199805909.201.77$1,046
Nov 199817564810.892.19$3,322
Oct 1998059012.421.97$1,162
Sep 199818569212.592.08$3,770
Aug 1998055411.301.91$1,057
Jul 199818149611.742.24$3,235
Jun 1998083411.242.24$1,866
May 199818472912.622.21$3,931
Apr 1998065713.042.51$1,646
Mar 1998061012.802.31$1,409
Feb 199818363813.952.30$4,020
Jan 1998065314.702.15$1,407
Dec 199717561816.322.41$4,346
Nov 1997055318.193.09$1,708
Oct 1997051419.253.15$1,619
Sep 199717250517.742.95$4,543
Aug 1997054617.862.55$1,395
Jul 1997057617.582.25$1,294
Jun 199718066417.242.26$4,602
May 1997171318.972.31$1,665
Apr 199710277817.882.08$3,444
Mar 199717772718.951.94$4,764
Feb 1997079720.492.21$1,758
Jan 1997070423.483.54$2,492
Dec 199617884423.32$4,151
Nov 1996072321.97$0
Oct 199616666823.31$3,869
Sep 1996077422.22$0
Aug 199617383620.26$3,505
Jul 1996090119.55$0
Jun 1996090018.73$0
May 199617588119.43$3,400
Apr 1996090421.51$0
Mar 199618098019.38$3,488
Feb 1996181316.98$17
Jan 1996092517.07$0
Dec 199518396317.19$3,146
Nov 1995094316.00$0
Oct 19951901,00415.43$2,932
Sep 1995099316.18$0
Aug 19951831,05615.92$2,913
Jul 199501,10615.24$0
Jun 1995099616.41$0
May 19951791,17317.56$3,143
Apr 199501,11517.73$0
Mar 19951821,13116.44$2,992
Feb 199501,11916.58$0
Jan 19951761,41715.92$2,802
Dec 199401,25415.03$0
Nov 19941721,32815.90$2,735
Oct 19941781,46415.58$2,773
Sep 199411,44215.29$15
Aug 19941801,49216.13$2,903
Jul 199401,57817.56$0
Jun 19941821,57117.09$3,110
May 199401,36315.88$0
Apr 19941761,56214.14$2,489
Mar 19941761,77512.46$2,193
Feb 199401,27612.50$0
Jan 19941751,54312.66$2,216
Dec 199301,62712.33$0
Nov 19931771,69414.49$2,565
Oct 199301,83615.85$0
Sep 19931801,67815.03$2,705
Aug 19931761,82615.66$2,756
Jul 199311,98815.46$15
Jun 19931771,80816.79$2,972
May 199301,86417.68$0
Apr 19931801,41918.05$3,249
Mar 19931791,91718.14$3,247
Feb 199301,84617.90$0
Jan 19931762,11416.93$2,980

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                    3 bbl  × $106.41 =       $319
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $319

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/12438 is the state's own key, not one this site invented.