MORGAN '25-26'

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 19573District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$53.4 M
May 2017 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
109
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition789,392 bbl$44,293,264
Casinghead gasProduction2,871,763 Mcf$9,106,528
Total$53,399,792

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 31.4470, -101.9231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44700, -101.92307 · 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
9,073 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 9,053 and 9,093 ft, median 9,073 ft, over the 2 wells that filed a depth.

Completions filed
May 2017
2 of 2 wells

2 wells

42-461404534215H9,053 ftMay 2017
42-461404554415H9,093 ftMay 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 (109)

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

109 months

May 202680721,454106.413.05$151,218
Apr 20261974,60998.932.87$32,716
Mar 20262,48039,81689.753.15$347,978
Feb 20261,44735,70663.503.75$225,793
Jan 20261,47241,56959.138.00$419,505
Dec 20252,02649,93356.664.41$335,165
Nov 20251,83636,51058.593.93$250,926
Oct 20251,71337,25059.383.30$224,823
Sep 20251,62340,49362.743.08$226,421
Aug 20251,03031,42563.933.01$160,587
Jul 202547514,85166.743.32$80,936
Jun 202570542,48666.483.13$179,795
May 20251,34630,30260.553.23$179,446
Apr 20252,29835,34662.363.54$268,538
Mar 20252,67732,71667.704.27$320,875
Feb 20251,89430,27370.884.34$265,657
Jan 20252,12340,13774.324.28$329,515
Dec 20241,85338,33168.993.12$247,484
Nov 20241,77938,16069.052.20$206,732
Oct 20242,11837,29371.372.28$236,242
Sep 20242,53239,13569.612.36$268,782
Aug 20242,99031,37575.632.06$290,880
Jul 20242,63630,61179.932.15$276,405
Jun 20242,57532,31178.082.63$286,163
May 20242,43031,41278.812.20$260,566
Apr 20242,86132,63384.451.66$295,756
Mar 20243,71538,28280.301.55$357,465
Feb 20242,84331,90676.091.78$273,233
Jan 20242,15829,92973.023.30$256,273
Dec 20233,10628,71171.262.61$296,290
Nov 20233,75731,43777.892.81$380,894
Oct 20233,39929,15085.443.09$380,405
Sep 20233,46026,01389.042.74$379,225
Aug 20234,07620,91680.522.67$384,105
Jul 20232,83719,20674.852.64$263,088
Jun 20233,12619,19768.962.26$258,925
May 20233,46418,08270.622.23$284,904
Apr 20233,42815,94478.122.24$303,474
Mar 20234,58314,04372.852.39$367,479
Feb 20232,9379,33075.112.47$243,603
Jan 20232,9058,51176.533.39$251,153
Dec 20223,4437,29976.415.73$304,896
Nov 20224,1048,35085.005.65$395,986
Oct 20224,8567,93387.185.86$469,863
Sep 20224,7856,56384.888.16$459,729
Aug 20225,0266,05294.529.13$530,295
Jul 20224,5704,910101.587.54$501,252
Jun 20223,2943,402115.097.98$406,245
May 20222,9442,511109.378.43$343,161
Apr 20222,2921,586104.226.84$249,717
Mar 20221,738969108.885.08$194,152
Feb 20226811,70391.054.86$70,280
Jan 20221,1981,18981.844.54$103,440
Dec 20217124,80871.323.90$69,527
Nov 20213,92932,59677.435.24$474,923
Oct 20214,39938,40579.795.71$570,437
Sep 20215,21848,45169.865.35$623,787
Aug 20215,61549,84866.024.22$581,090
Jul 20216,09746,70870.783.98$617,541
Jun 20215,90918,09769.493.38$471,795
May 20216,52328,17363.483.02$499,097
Apr 20216,47424,58360.362.76$458,581
Mar 20212,5769,63761.302.72$184,092
Feb 20212,84419,34257.805.55$271,692
Jan 20216,14241,24750.412.81$425,533
Dec 20205,97642,12744.642.68$379,478
Nov 20206,88544,42038.772.71$387,157
Oct 20207,20146,89936.972.48$382,457
Sep 20208,28750,12937.091.99$407,174
Aug 20208,74447,09039.982.39$461,899
Jul 20207,95534,28338.371.83$367,804
Jun 20207,89836,87334.901.69$337,967
May 202010,55335,87916.921.81$243,668
Apr 20207,95123,53414.751.80$159,742
Mar 20209,15221,16730.341.86$316,963
Feb 20206,2748,12549.881.98$329,040
Jan 20205,0795,77057.252.09$302,859
Dec 20197,58110,10559.012.30$470,640
Nov 20198,74013,43755.302.75$520,283
Oct 20199,3609,08653.472.42$522,454
Sep 20198,6016,84055.052.66$491,661
Aug 20198,3147,59153.112.30$459,049
Jul 20196,5736,10756.272.46$384,886
Jun 20197,8166,86452.782.49$429,628
May 20199,6147,53158.482.74$582,864
Apr 20196,9016,32362.632.75$449,602
Mar 20194,7234,15156.803.06$280,977
Feb 20194,2672,90750.852.79$225,094
Jan 20193,5192,09246.033.23$168,733
Dec 20182,3711,51646.594.19$116,810
Nov 201889190752.934.24$51,004
Oct 20187,33922,47161.443.40$527,266
Sep 20187,76915,44859.543.11$510,579
Aug 201810,69632,91759.403.07$736,284
Jul 201813,70971,15065.142.93$1,101,608
Jun 201812,44440,33860.183.08$872,997
May 201813,76138,84265.382.90$1,012,367
Apr 201815,27043,62063.842.90$1,101,370
Mar 201815,69036,93461.222.79$1,063,471
Feb 201815,24334,28861.782.77$1,036,557
Jan 201819,08341,37962.874.01$1,365,650
Dec 201720,72344,89157.272.92$1,317,956
Nov 201726,21066,00755.423.12$1,658,392
Oct 201725,62334,99949.292.98$1,367,383
Sep 201728,38731,40547.523.09$1,445,906
Aug 201730,85934,32045.373.00$1,503,184
Jul 201739,57140,90843.873.09$1,862,274
Jun 201756,22468,46042.493.09$2,600,313
May 201756,47960,47745.373.26$2,759,813

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                  807 bbl  × $106.41 =    $85,873
Casinghead gas    21,454 Mcf  × $  3.05 =    $65,345

────────────────────────────────────────────────────
Month total                                 $151,218

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/19573 is the state's own key, not one this site invented.