XBC 131

Name: XBC 131 lease production and value, May 2007 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 16286District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$3.0 M

May 2007 – Mar 2016

Value, last 12 filed months

$81 k

at the published price for each month

Months reported

107

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.”

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	33,695 bbl	$2,686,316
Casinghead gas	Production	58,826 Mcf	$320,587
Total			$3,006,903

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 31.4239, -101.8210. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42389, -101.82103 · 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

10,095 ft

1 wells filed one

Completion to plug

12.9 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 10,095 ft.

Completions filed

Mar 2007

1 of 1 wells

Plug dates filed

Feb 2020

1 of 1 wells

Last completion to plug: a median of 12.9 years across the 1 well that filed both dates, with the middle half between 12.9 years and 12.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46135263	1317	10,095 ft	Mar 2007	Feb 2020	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 (107)

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

107 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	349	0	38.79	2.17	$13,538
Oct 2015	187	0	43.55	2.43	$8,144
Sep 2015	270	402	42.99	2.76	$12,716
Aug 2015	402	433	40.16	2.87	$17,388
Jul 2015	165	161	48.15	2.95	$8,419
Jun 2015	121	368	56.15	2.88	$7,855
May 2015	109	376	55.21	2.96	$7,129
Apr 2015	99	380	49.82	2.71	$5,961
Mar 2015	143	390	42.89	2.93	$7,278
Feb 2015	119	316	44.66	2.98	$6,255
Jan 2015	130	329	43.43	3.10	$6,666
Dec 2014	159	365	54.69	3.59	$10,007
Nov 2014	103	357	70.46	4.25	$8,775
Oct 2014	142	295	78.30	3.90	$12,269
Sep 2014	141	351	86.16	4.05	$13,569
Aug 2014	122	207	89.39	4.04	$11,741
Jul 2014	42	87	96.56	4.18	$4,419
Jun 2014	146	94	98.16	4.74	$14,777
May 2014	57	267	94.73	4.73	$6,662
Apr 2014	64	321	95.94	4.81	$7,684
Mar 2014	43	370	95.89	5.06	$5,994
Feb 2014	71	224	97.40	6.19	$8,302
Jan 2014	226	295	90.40	4.86	$21,864
Dec 2013	233	277	91.82	4.35	$22,600
Nov 2013	21	255	88.85	3.74	$2,819
Oct 2013	81	234	97.42	3.78	$8,775
Sep 2013	102	317	104.11	3.72	$11,798
Aug 2013	154	308	104.25	3.52	$17,139
Jul 2013	72	357	102.52	3.72	$8,709
Jun 2013	131	411	94.40	3.93	$13,983
May 2013	105	429	94.83	4.15	$11,737
Apr 2013	54	408	93.96	4.28	$6,821
Mar 2013	41	411	93.62	3.91	$5,447
Feb 2013	18	366	91.23	3.42	$2,894
Jan 2013	7	429	91.60	3.42	$2,108
Dec 2012	18	423	86.77	3.42	$3,009
Nov 2012	48	419	86.95	3.62	$5,692
Oct 2012	16	443	89.38	3.40	$2,936
Sep 2012	46	442	94.67	2.92	$5,645
Aug 2012	110	461	92.66	2.91	$11,533
Jul 2012	142	482	85.13	3.02	$13,544
Jun 2012	140	465	79.82	2.52	$12,346
May 2012	143	482	91.61	2.49	$14,300
Apr 2012	112	467	101.65	2.00	$12,317
Mar 2012	180	475	105.05	2.22	$19,964
Feb 2012	183	437	101.10	2.57	$19,624
Jan 2012	207	457	98.09	2.73	$21,554
Dec 2011	190	468	96.87	3.24	$19,922
Nov 2011	195	464	95.72	3.31	$20,202
Oct 2011	188	506	84.98	3.65	$17,822
Sep 2011	203	506	83.62	3.99	$18,992
Aug 2011	232	536	83.40	4.15	$21,573
Jul 2011	325	549	94.14	4.52	$33,075
Jun 2011	294	544	92.90	4.64	$29,837
May 2011	301	570	98.13	4.40	$32,048
Apr 2011	336	555	105.96	4.33	$38,008
Mar 2011	410	580	96.36	4.06	$41,861
Feb 2011	321	507	85.64	4.18	$29,610
Jan 2011	469	577	86.50	4.59	$43,216
Dec 2010	533	592	85.73	4.35	$48,268
Nov 2010	514	592	80.84	3.80	$43,799
Oct 2010	604	646	78.10	3.51	$49,439
Sep 2010	567	622	72.63	3.98	$43,656
Aug 2010	572	681	73.68	4.42	$45,155
Jul 2010	561	701	72.55	4.74	$44,021
Jun 2010	503	629	70.36	4.91	$38,480
May 2010	527	694	71.12	4.24	$40,419
Apr 2010	547	599	81.69	4.12	$47,154
Mar 2010	553	665	78.39	4.39	$46,268
Feb 2010	512	597	73.58	5.44	$40,922
Jan 2010	608	667	74.36	5.96	$49,189
Dec 2009	648	676	71.44	5.48	$50,000
Nov 2009	615	600	74.59	3.75	$48,124
Oct 2009	597	654	72.54	4.11	$45,994
Sep 2009	628	743	65.54	3.06	$43,436
Aug 2009	656	806	67.42	3.22	$46,822
Jul 2009	666	821	61.13	3.46	$43,557
Jun 2009	626	789	66.16	3.90	$44,489
May 2009	516	771	54.74	3.93	$31,273
Apr 2009	458	771	46.77	3.59	$24,187
Mar 2009	348	789	42.14	4.06	$17,867
Feb 2009	358	718	32.81	4.63	$15,072
Jan 2009	429	797	35.86	5.37	$19,665
Dec 2008	429	794	37.10	5.98	$20,662
Nov 2008	396	784	55.49	6.86	$27,353
Oct 2008	365	856	75.24	6.92	$33,388
Sep 2008	357	861	101.76	7.88	$43,110
Aug 2008	339	938	114.22	8.48	$46,678
Jul 2008	414	1,001	131.08	11.39	$65,668
Jun 2008	593	965	131.33	13.03	$90,455
May 2008	676	1,099	123.17	11.57	$95,983
Apr 2008	731	1,193	110.31	10.45	$93,109
Mar 2008	906	1,461	101.90	9.66	$106,441
Feb 2008	1,213	2,117	92.53	8.77	$130,806
Jan 2008	2,316	2,441	90.38	8.21	$229,350
Dec 2007	57	103	88.33	7.30	$5,787
Nov 2007	165	494	91.67	7.29	$18,728
Oct 2007	409	679	82.85	6.92	$38,586
Sep 2007	496	912	75.84	6.24	$43,311
Aug 2007	535	1,254	69.06	6.39	$44,958
Jul 2007	507	708	70.90	6.39	$40,469
Jun 2007	374	486	62.00	7.55	$26,857
May 2007	33	655	58.74	7.85	$7,078

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.

Nov 2015 — as filed, then multipliedworked

Oil                  349 bbl  × $ 38.79 =    $13,538
Casinghead gas         0 Mcf  × $  2.17 =         $0

────────────────────────────────────────────────────
Month total                                  $13,538

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/16286 is the state's own key, not one this site invented.