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RINGO 10

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 18928District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$29.2 M
Aug 2014 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
142
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
OilDisposition408,992 bbl$22,379,472
Casinghead gasProduction1,962,096 Mcf$6,853,614
Total$29,233,086

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 31.4419, -101.7010. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles.

31.44186, -101.70104 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,466 ft
2 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.
2100.0%

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 8,027 and 10,905 ft, median 9,466 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2014 – Dec 2025
2 of 2 wells

2 wells

42-38339293210,905 ftDec 2025——
42-383385921H8,027 ftAug 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 (142)

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

142 months

May 202641214,120106.413.05$86,848
Apr 202644514,57298.932.87$85,841
Mar 202653518,67789.753.15$106,838
Feb 202657317,63763.503.75$102,530
Jan 202635112,10159.138.00$117,537
Dec 202560016,35156.664.41$106,159
Nov 202540317,41458.593.93$91,987
Oct 202568017,85159.383.30$99,373
Sep 20251608,20462.743.08$35,281
Aug 202544115,76363.933.01$75,715
Jul 202553516,15866.743.32$89,273
Jun 202560214,66266.483.13$85,894
May 202549013,95460.553.23$74,773
Apr 202550515,51362.363.54$86,456
Mar 202536211,14267.704.27$72,065
Feb 202569712,89470.884.34$105,374
Jan 202556215,84874.324.28$109,576
Dec 202461716,12968.993.12$92,911
Nov 202448115,13969.052.20$66,495
Oct 202460614,75771.372.28$76,917
Sep 202466714,66769.612.36$81,108
Aug 202466514,68975.632.06$80,607
Jul 202475614,90279.932.15$92,416
Jun 202487515,76578.082.63$109,845
May 20241,06018,51478.812.20$124,241
Apr 202462910,28184.451.66$70,177
Mar 202466210,12180.301.55$68,797
Feb 202493314,53576.091.78$96,917
Jan 202466412,76273.023.30$90,570
Dec 202366516,22371.262.61$89,742
Nov 202397815,99377.892.81$121,078
Oct 202330717,16785.443.09$79,229
Sep 202386416,32289.042.74$121,572
Aug 20231,25821,21880.522.67$158,007
Jul 20231,28620,84174.852.64$151,315
Jun 202394719,36568.962.26$109,041
May 20231,17819,42870.622.23$126,464
Apr 20231,32519,59478.122.24$147,356
Mar 20231,35424,29572.852.39$156,781
Feb 20231,18020,40675.112.47$138,944
Jan 20231,33021,07976.533.39$173,195
Dec 202295121,42476.415.73$195,406
Nov 202287921,52985.005.65$196,272
Oct 202296319,60787.185.86$198,925
Sep 202298522,78884.888.16$269,641
Aug 202258312,77294.529.13$171,677
Jul 20221,21723,363101.587.54$299,828
Jun 20221,12020,790115.097.98$294,747
May 20221,29928,370109.378.43$381,317
Apr 20221,42626,126104.226.84$327,257
Mar 20221,09515,244108.885.08$196,608
Feb 20221,33518,95191.054.86$213,632
Jan 20221,36023,62381.844.54$218,496
Dec 20211,71127,51271.323.90$229,301
Nov 20211,62024,75677.435.24$255,080
Oct 20211,47321,43279.795.71$239,990
Sep 20211,34418,98869.865.35$195,495
Aug 20211,69916,38166.024.22$181,305
Jul 20212,6248,73770.783.98$220,518
Jun 20217913869.493.38$5,956
May 20213851,66363.483.02$29,458
Apr 20214311,74060.362.76$30,815
Mar 202135958461.302.72$23,593
Feb 20213381,00257.805.55$25,095
Jan 20214221,62550.412.81$25,840
Dec 20201,28914,09444.642.68$95,249
Nov 20201,70918,54838.772.71$116,459
Oct 20202,18121,90436.972.48$134,919
Sep 20201,86619,91337.091.99$108,858
Aug 20202,25920,81239.982.39$139,954
Jul 20201,88116,30438.371.83$101,931
Jun 20202,08516,18934.901.69$100,131
May 20201,62216,09416.921.81$56,651
Apr 20202,57925,30614.751.80$83,702
Mar 20203,21221,23330.341.86$136,865
Feb 20201,92114,24149.881.98$124,026
Jan 20202,26610,80157.252.09$152,354
Dec 20192,62611,15759.012.30$180,670
Nov 20191,7699,65755.302.75$124,389
Oct 20192,04310,62153.472.42$134,927
Sep 20192,1588,75855.052.66$142,070
Aug 20192,0756,00953.112.30$124,050
Jul 20192,0224,47456.272.46$124,784
Jun 20192,2415,35852.782.49$131,628
May 20192,3826,99358.482.74$158,462
Apr 20192,5546,08462.632.75$176,692
Mar 20192,0736,39256.803.06$137,319
Feb 20191,9798,44650.852.79$124,215
Jan 20192,76614,16946.033.23$173,059
Dec 20182,77814,36146.594.19$189,534
Nov 20182,83816,36352.934.24$219,549
Oct 20182,88216,44061.443.40$232,935
Sep 20182,91615,38159.543.11$221,423
Aug 20183,19417,25359.403.07$242,631
Jul 20183,34416,49665.142.93$266,192
Jun 20183,54813,85860.183.08$256,159
May 20183,57318,14965.382.90$286,249
Apr 20183,77720,32563.842.90$300,082
Mar 20184,12524,73261.222.79$321,457
Feb 20184,01916,65461.782.77$294,361
Jan 20184,36118,64462.874.01$348,926
Dec 20175,02027,00457.272.92$366,388
Nov 20175,68820,47655.423.12$379,081
Oct 20175,44910,93849.292.98$301,217
Sep 20174,7877,58247.523.09$250,886
Aug 20175,1857,40145.373.00$257,479
Jul 20175,3227,83143.873.09$257,653
Jun 20174,77110,97842.493.09$236,612
May 20174,3035,82345.373.26$214,230
Apr 20173,5364,62347.933.21$184,328
Mar 20173,0793,43146.772.98$154,242
Feb 20172,2233,27850.452.95$121,829
Jan 201770410,21449.413.42$69,704
Dec 20164,47512,92148.763.72$266,304
Nov 20165,20324,49242.492.64$285,841
Oct 20164,7528,45846.193.09$245,632
Sep 20165,04814,39841.553.10$254,387
Aug 20166,33511,64341.442.92$296,570
Jul 20164,8196,52941.622.92$219,660
Jun 20165,3864,80645.352.69$257,163
May 20165,32910,40842.521.99$247,312
Apr 20163,8183,60736.561.99$146,768
Mar 20162,7413,27933.011.79$96,363
Feb 20161,9436,12526.472.06$64,071
Jan 201665194027.352.36$20,027
Dec 20153,3382,41932.362.00$112,859
Nov 20155,6984,85538.792.17$231,548
Oct 20156,5309,06943.552.43$306,388
Sep 20158,04823,54442.992.76$410,928
Aug 20158,44311,99340.162.87$373,521
Jul 20157,8638,33148.152.95$403,139
Jun 20154,8802,32356.152.88$280,709
May 20158,45913,56455.212.96$507,109
Apr 201512,86319,71649.822.71$694,197
Mar 201523,79310,45242.892.93$1,051,155
Feb 201510,0349,90544.662.98$477,598
Jan 20159,6629,68143.433.10$449,638
Dec 201411,27213,37954.693.59$664,514
Nov 201413,29413,64470.464.25$994,707
Oct 201412,30912,17878.303.90$1,011,301
Sep 201413,68811,44786.164.05$1,225,666
Aug 20140089.394.04$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                  412 bbl  × $106.41 =    $43,841
Casinghead gas    14,120 Mcf  × $  3.05 =    $43,007

────────────────────────────────────────────────────
Month total                                  $86,848

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/18928 is the state's own key, not one this site invented.