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FRANKLIN 22B

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18757District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$3.3 M
Apr 2014 – May 2026
Value, last 12 filed months
$103 k
at the published price for each month
Months reported
146
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 721 leases and 1,413 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2024-02-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 02/01/2024.”

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
OilDisposition40,722 bbl$2,534,820
Casinghead gasProduction232,718 Mcf$753,266
Total$3,288,086

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 31.5774, -102.0707. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57743, -102.07074 · 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
11,915 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 11,915 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-46139204211,915 ftApr 2014——

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 (146)

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

146 months

May 2026371,565106.413.05$8,704
Apr 20261511,70398.932.87$19,826
Mar 2026801,45189.753.15$11,750
Feb 20268089763.503.75$8,444
Jan 2026351,27559.138.00$12,267
Dec 20257344856.664.41$6,113
Nov 20251065658.593.93$6,430
Oct 202512011559.383.30$7,506
Sep 202510510262.743.08$6,902
Aug 20257713863.933.01$5,339
Jul 20259110366.743.32$6,415
Jun 20253813266.483.13$2,939
May 20253528760.553.23$3,047
Apr 20251001,06862.363.54$10,020
Mar 20251151,25567.704.27$13,142
Feb 20257941570.884.34$7,401
Jan 2025295074.324.28$2,369
Dec 202414846968.993.12$11,674
Nov 202419576469.052.20$15,144
Oct 202413765171.372.28$11,263
Sep 202429376669.612.36$22,207
Aug 202422880875.632.06$18,911
Jul 20241511,08579.932.15$14,398
Jun 20249588278.082.63$9,741
May 202413483678.812.20$12,398
Apr 20242641,37184.451.66$24,570
Mar 202418381180.301.55$15,948
Feb 202416154576.091.78$13,223
Jan 2024439573.023.30$3,453
Dec 20232191,01471.262.61$18,253
Nov 202320957977.892.81$17,905
Oct 202319039585.443.09$17,453
Sep 202318954189.042.74$18,308
Aug 202310421280.522.67$8,941
Jul 202310310974.852.64$7,998
Jun 20239328868.962.26$7,064
May 20236629970.622.23$5,327
Apr 20232018878.122.24$1,983
Mar 20235445372.852.39$5,018
Feb 20238449175.112.47$7,520
Jan 20239049376.533.39$8,558
Dec 20226860676.415.73$8,668
Nov 202211673785.005.65$14,021
Oct 202216374287.185.86$18,561
Sep 202222382884.888.16$25,688
Aug 202210693194.529.13$18,517
Jul 202233718101.587.54$8,767
Jun 202287886115.097.98$17,081
May 20221201,008109.378.43$21,625
Apr 2022182923104.226.84$25,279
Mar 2022210996108.885.08$27,921
Feb 202212363491.054.86$14,280
Jan 202212275981.844.54$13,429
Dec 202114484071.323.90$13,545
Nov 202123595877.435.24$23,213
Oct 202127469879.795.71$25,851
Sep 202142169369.865.35$33,119
Aug 202138173766.024.22$28,264
Jul 202132842470.783.98$24,904
Jun 20214541,20669.493.38$35,625
May 20215571,55763.483.02$40,057
Apr 20215611,40260.362.76$37,729
Mar 202124082561.302.72$16,953
Feb 202113469557.805.55$11,601
Jan 20212621,83550.412.81$18,364
Dec 20202091,90244.642.68$14,418
Nov 20201671,83138.772.71$11,430
Oct 20201631,92436.972.48$10,795
Sep 202018338937.091.99$7,562
Aug 20201912,60739.982.39$13,854
Jul 20201882,42238.371.83$11,634
Jun 20201872,00634.901.69$9,917
May 20202112,07716.921.81$7,339
Apr 20202982,03214.751.80$8,062
Mar 20203212,10130.341.86$13,639
Feb 20203221,96449.881.98$19,951
Jan 20203042,22757.252.09$22,069
Dec 20194292,28259.012.30$30,574
Nov 20192812,23755.302.75$21,693
Oct 20192982,35153.472.42$21,620
Sep 20193412,33855.052.66$24,985
Aug 20195282,09853.112.30$32,877
Jul 20194482,53856.272.46$31,453
Jun 20193942,53852.782.49$27,118
May 20192862,82558.482.74$24,467
Apr 20191672,90562.632.75$18,450
Mar 20194482,13456.803.06$31,981
Feb 20195411,73250.852.79$32,346
Jan 20197271,14946.033.23$37,173
Dec 20185511,85946.594.19$33,452
Nov 20185292,13852.934.24$37,059
Oct 201866061.443.40$4,055
Sep 2018152059.543.11$9,050
Aug 2018212159.403.07$12,596
Jul 2018194865.142.93$12,661
Jun 201813813760.183.08$8,726
May 201818629065.382.90$13,002
Apr 201824426563.842.90$16,346
Mar 201825861961.222.79$17,520
Feb 20181711,22361.782.77$13,947
Jan 20181961,86362.874.01$19,792
Dec 20171262,01457.272.92$13,100
Nov 20172321,58655.423.12$17,803
Oct 20173142,09249.292.98$21,719
Sep 20172212,25447.523.09$17,461
Aug 20171952,75045.373.00$17,109
Jul 20171962,80243.873.09$17,249
Jun 20172042,71842.493.09$17,059
May 20171822,78145.373.26$17,333
Apr 20171192,76447.933.21$14,581
Mar 20171102,87846.772.98$13,732
Feb 20171152,62450.452.95$13,549
Jan 20171392,81249.413.42$16,482
Dec 20161422,44548.763.72$16,026
Nov 20161812,99342.492.64$15,605
Oct 20162253,16246.193.09$20,164
Sep 20162591,78041.553.10$16,281
Aug 20161572,29041.442.92$13,203
Jul 20161252,62341.622.92$12,873
Jun 20162622,94145.352.69$19,781
May 20161923,20042.521.99$14,535
Apr 201627292036.561.99$11,776
Mar 2016430233.011.79$14,198
Feb 2016329326.472.06$8,715
Jan 2016533327.352.36$14,585
Dec 2015753132.362.00$24,369
Nov 2015331338.792.17$12,846
Oct 2015542743.552.43$23,621
Sep 20154798,18042.992.76$43,156
Aug 20155088,54040.162.87$44,932
Jul 20156198,99748.152.95$56,302
Jun 20156948,94156.152.88$64,744
May 20154928,14155.212.96$51,224
Apr 2015824049.822.71$41,052
Mar 20153261,34842.892.93$17,938
Feb 20152191,02744.662.98$12,837
Jan 201560544743.433.10$27,661
Dec 20146522,66554.693.59$45,229
Nov 20143321,93870.464.25$31,633
Oct 20148103,15278.303.90$75,719
Sep 20141,0093,70686.164.05$101,928
Aug 20143841,56489.394.04$40,637
Jul 20145061,73096.564.18$56,090
Jun 20141,4215,01998.164.74$163,260
May 20142,2707,08294.734.73$248,511
Apr 20148091,93895.944.81$86,936

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                   37 bbl  × $106.41 =     $3,937
Casinghead gas     1,565 Mcf  × $  3.05 =     $4,767

────────────────────────────────────────────────────
Month total                                   $8,704

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/18757 is the state's own key, not one this site invented.