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RINGO #8-9

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 19486District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$24.6 M
Jan 2017 – May 2026
Value, last 12 filed months
$703 k
at the published price for each month
Months reported
113
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
OilDisposition345,964 bbl$18,490,538
Casinghead gasProduction1,727,558 Mcf$6,065,542
Total$24,556,080

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 31.4183, -101.7214. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41832, -101.72138 · 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
8,831 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 8,831 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-383396154415H8,831 ftJan 2017——

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 (113)

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

113 months

May 202656122,214106.413.05$127,356
Apr 202664919,25998.932.87$119,474
Mar 202657818,38789.753.15$109,784
Feb 202639014,25163.503.75$78,211
Jan 202659313,09359.138.00$139,781
Dec 20251,1818,20556.664.41$103,127
Nov 2025214058.593.93$667
Oct 20251114159.383.30$1,119
Sep 2025503162.743.08$3,232
Aug 20256924863.933.01$5,159
Jul 20257332266.743.32$5,940
Jun 202512119966.483.13$8,667
May 202514919260.553.23$9,643
Apr 202514725162.363.54$10,056
Mar 20252912067.704.27$2,476
Feb 202589370.884.34$971
Jan 2025453274.324.28$2,574
Dec 20241135268.993.12$1,858
Nov 2024536669.052.20$1,150
Oct 20245133771.372.28$4,409
Sep 202423463669.612.36$17,792
Aug 202435763375.632.06$28,306
Jul 202455165379.932.15$45,443
Jun 202455270378.082.63$44,952
May 20247811,23278.812.20$64,259
Apr 20248291,49584.451.66$72,490
Mar 20249411,45480.301.55$77,809
Feb 20241,3242,11576.091.78$104,516
Jan 20241,1362,35073.023.30$90,700
Dec 2023565171.262.61$2,056
Nov 20232341977.892.81$2,968
Oct 20233306,99685.443.09$49,794
Sep 202388321,68289.042.74$137,923
Aug 202392326,73580.522.67$145,779
Jul 20231,04429,40374.852.64$155,820
Jun 20231,06729,14568.962.26$139,404
May 20231,15329,24270.622.23$146,558
Apr 20231,14827,44178.122.24$151,088
Mar 20231,35926,74272.852.39$163,001
Feb 20231,18616,21175.112.47$129,052
Jan 20239538,66076.533.39$102,271
Dec 20222012,90876.415.73$32,019
Nov 202287915,90585.005.65$164,518
Oct 20221,26217,29787.185.86$211,447
Sep 202268316,83684.888.16$195,417
Aug 202281517,89094.529.13$240,319
Jul 202285219,309101.587.54$232,176
Jun 202253718,619115.097.98$210,331
May 202235917,587109.378.43$187,576
Apr 202254717,339104.226.84$175,565
Mar 202274118,095108.885.08$172,538
Feb 202276516,03691.054.86$147,570
Jan 202268219,93281.844.54$146,260
Dec 20211,05522,76071.323.90$163,987
Nov 202174319,71877.435.24$160,791
Oct 20211,00019,47479.795.71$191,062
Sep 20211,21917,49369.865.35$178,763
Aug 20211,16019,48766.024.22$158,830
Jul 20211,50121,39070.783.98$191,417
Jun 20211,41916,03469.493.38$152,811
May 20211,08610,29063.483.02$99,991
Apr 20211,3757,78160.362.76$104,458
Mar 20212,41410,34661.302.72$176,088
Feb 20211,0414,23157.805.55$83,643
Jan 20211,6426,89050.412.81$102,136
Dec 20201,5545,69044.642.68$84,594
Nov 20202,0184,86438.772.71$91,403
Oct 20202,2894,18636.972.48$94,999
Sep 20202,5023,00237.091.99$98,776
Aug 20202,9883,03339.982.39$126,694
Jul 20202,6692,67538.371.83$107,292
Jun 20201,7981,67334.901.69$65,578
May 20202,2932,66016.921.81$43,625
Apr 20202,0603,21814.751.80$36,191
Mar 20209524,55830.341.86$37,344
Feb 20205653249.881.98$3,847
Jan 20203,51226,51857.252.09$256,610
Dec 20193,16229,44559.012.30$254,442
Nov 20192,55923,10955.302.75$205,079
Oct 20193,29727,64253.472.42$243,144
Sep 20193,61130,57755.052.66$280,037
Aug 20193,20931,24253.112.30$242,423
Jul 20192,68725,67356.272.46$214,355
Jun 20192,89125,99452.782.49$217,343
May 20193,16626,76358.482.74$258,487
Apr 20193,08026,79362.632.75$266,600
Mar 20193,33329,60256.803.06$279,959
Feb 20193,11024,85350.852.79$227,539
Jan 20193,66531,00446.033.23$268,786
Dec 20183,65629,15246.594.19$292,347
Nov 20183,80229,61952.934.24$326,743
Oct 20184,12231,49761.443.40$360,285
Sep 20184,22132,37459.543.11$351,937
Aug 20184,80735,27659.403.07$393,712
Jul 20184,96033,96865.142.93$422,685
Jun 20185,52525,54760.183.08$411,101
May 20185,5438,86465.382.90$388,114
Apr 20183,6542,78863.842.90$241,359
Mar 20184602161.222.79$28,220
Feb 20185,52429,01661.782.77$421,534
Jan 20188,49222,53162.874.01$624,226
Dec 20176,87032,22657.272.92$487,594
Nov 20177,82236,81955.423.12$548,310
Oct 20179,03435,41149.292.98$550,941
Sep 201710,01736,38447.523.09$588,335
Aug 201712,65740,94045.373.00$697,248
Jul 201713,91832,40943.873.09$710,638
Jun 201716,67528,94142.493.09$797,870
May 201719,26623,23345.373.26$949,917
Apr 201722,42420,32547.933.21$1,140,058
Mar 201726,14223,64446.772.98$1,293,207
Feb 201730,04126,19150.452.95$1,592,900
Jan 20178,4328,09849.413.42$444,311

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                  561 bbl  × $106.41 =    $59,696
Casinghead gas    22,214 Mcf  × $  3.05 =    $67,660

────────────────────────────────────────────────────
Month total                                 $127,356

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/19486 is the state's own key, not one this site invented.