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RINGO 7-14

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 19315District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$23.8 M
May 2016 – May 2026
Value, last 12 filed months
$476 k
at the published price for each month
Months reported
121
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
OilDisposition377,516 bbl$20,911,555
Casinghead gasProduction874,527 Mcf$2,888,082
Total$23,799,638

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 31.4228, -101.7470. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42281, -101.74699 · 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
8,936 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 8,936 ft.

Completions filed
May 2016
1 of 1 wells

1 well

42-383395764409H8,936 ftMay 2016——

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 (121)

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

121 months

May 20268722,666106.413.05$100,910
Apr 202692465898.932.87$93,300
Mar 20261,0071,56989.753.15$95,320
Feb 20266321,14163.503.75$44,411
Jan 20260059.138.00$0
Dec 202552956.664.41$411
Nov 2025807158.593.93$4,966
Oct 202526253659.383.30$17,329
Sep 202541878362.743.08$28,635
Aug 202534078163.933.01$24,091
Jul 202545692166.743.32$33,487
Jun 202546678366.483.13$33,429
May 20256111,09160.553.23$40,523
Apr 20256581,01362.363.54$44,622
Mar 202559587367.704.27$44,008
Feb 20255161,03470.884.34$41,063
Jan 202588895974.324.28$70,099
Dec 20249391,09968.993.12$68,212
Nov 202477194969.052.20$55,324
Oct 202444059771.372.28$32,765
Sep 20241,2822,12869.612.36$94,271
Aug 20247821,28575.632.06$61,794
Jul 20248521,15079.932.15$70,569
Jun 2024570478.082.63$2,245
May 2024081978.812.20$1,801
Apr 20247054184.451.66$6,809
Mar 20241,1416,53580.301.55$101,720
Feb 20241,4297,99076.091.78$122,984
Jan 20241,76811,33873.023.30$166,488
Dec 20231,5718,32771.262.61$133,689
Nov 20231,3368,53477.892.81$128,021
Oct 20231,41510,32285.443.09$152,765
Sep 20231,4579,45989.042.74$155,602
Aug 20231,4998,55980.522.67$143,577
Jul 20231,3288,77474.852.64$122,580
Jun 20231,3058,58168.962.26$109,373
May 20231,4218,13670.622.23$118,473
Apr 20231,4667,96478.122.24$132,345
Mar 20231,5678,30772.852.39$134,036
Feb 20231,4249,94575.112.47$131,478
Jan 20231,62811,21176.533.39$162,571
Dec 20221,8649,36676.415.73$196,087
Nov 20221,9398,72385.005.65$214,067
Oct 20222,0457,14287.185.86$220,162
Sep 20222,0388,09684.888.16$239,079
Aug 20222,1948,29294.529.13$283,059
Jul 20222,0918,744101.587.54$278,352
Jun 20221,9808,801115.097.98$298,086
May 20222,0116,329109.378.43$273,316
Apr 20221,5823,672104.226.84$189,984
Mar 20222,0035,990108.885.08$248,494
Feb 20221,5893,67491.054.86$162,530
Jan 20221,6624,41181.844.54$156,034
Dec 20211,6076,89771.323.90$141,503
Nov 20211,6877,44077.435.24$169,587
Oct 20211,8099,04079.795.71$195,993
Sep 20211,8119,98269.865.35$179,929
Aug 20212,17710,01766.024.22$186,003
Jul 20211,9029,24170.783.98$171,422
Jun 20211,81810,16969.493.38$160,710
May 20212,20311,39763.483.02$174,239
Apr 20212,24710,39960.362.76$164,314
Mar 20212,5869,35561.302.72$183,939
Feb 20211,2505,37657.805.55$102,076
Jan 20212,57711,79850.412.81$163,062
Dec 20202,67413,98744.642.68$156,789
Nov 20202,6228,11638.772.71$123,621
Oct 20202,63714,17536.972.48$132,622
Sep 20202,59214,78637.091.99$125,577
Aug 20202,89819,22439.982.39$161,713
Jul 20202,52811,16238.371.83$117,371
Jun 20202,3352,17034.901.69$85,159
May 20202,9556,21116.921.81$61,270
Apr 20202,8527,67214.751.80$55,910
Mar 20202,9817,92930.341.86$105,162
Feb 20202,8336,26449.881.98$153,717
Jan 20203,0896,81057.252.09$191,110
Dec 20193,1368,65859.012.30$205,007
Nov 20193,27610,33455.302.75$209,589
Oct 20193,1766,34053.472.42$185,154
Sep 20193,0686,68955.052.66$186,668
Aug 20193,2337,85553.112.30$189,805
Jul 20193,3527,79956.272.46$207,803
Jun 20193,5358,24952.782.49$207,127
May 20193,5628,34558.482.74$231,174
Apr 20193,6717,36662.632.75$250,176
Mar 20193,8407,92756.803.06$242,385
Feb 20193,5737,10450.852.79$201,523
Jan 20194,0837,49046.033.23$212,120
Dec 20184,0905,25446.594.19$212,543
Nov 20184,0696,28852.934.24$242,016
Oct 20184,5747,19961.443.40$305,489
Sep 20184,5557,86559.543.11$295,649
Aug 20184,8057,30259.403.07$307,809
Jul 20184,8307,14865.142.93$335,583
Jun 20185,1587,03760.183.08$332,061
May 20185,6187,18165.382.90$388,135
Apr 20185,8205,68863.842.90$388,049
Mar 20186,1856,21161.222.79$395,955
Feb 20184,7383,69361.782.77$302,929
Jan 20185,7193,45262.874.01$373,394
Dec 20176,6693,58157.272.92$392,396
Nov 20174,7723,69855.423.12$275,996
Oct 20174,8452,41949.292.98$246,028
Sep 20171,151047.523.09$54,696
Aug 20172,2183,57145.373.00$111,359
Jul 20176,3424,80343.873.09$293,052
Jun 201736094642.493.09$18,217
May 20175,11413,11845.373.26$274,831
Apr 20176,32317,51447.933.21$359,309
Mar 20177,09516,59846.772.98$381,356
Feb 20176,41514,79950.452.95$367,332
Jan 20177,87715,70949.413.42$442,909
Dec 20168,22515,85248.763.72$460,065
Nov 20169,89816,97342.492.64$465,449
Oct 20169,95118,90346.193.09$518,052
Sep 201611,31717,23841.553.10$523,670
Aug 201614,07518,51741.442.92$637,418
Jul 201617,27819,02341.622.92$774,740
Jun 201622,77823,50245.352.69$1,096,105
May 20167,8538,27042.521.99$350,375

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                  872 bbl  × $106.41 =    $92,790
Casinghead gas     2,666 Mcf  × $  3.05 =     $8,120

────────────────────────────────────────────────────
Month total                                 $100,910

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/19315 is the state's own key, not one this site invented.