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OLIVER (39-34)

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 19920District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$60.8 M
Dec 2017 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
102
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
OilDisposition660,138 bbl$40,464,237
Casinghead gasProduction6,017,444 Mcf$20,289,591
Total$60,753,828

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 31.5311, -101.6242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.53113, -101.62418 · 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
9,090 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 8,797 and 9,382 ft, median 9,090 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2017
2 of 2 wells

2 wells

42-383398604407H8,797 ftDec 2017——
42-383398614807H9,382 ftDec 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 (102)

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

102 months

May 20261,63444,772106.413.05$310,242
Apr 20261,48942,99498.932.87$270,688
Mar 20261,81439,64089.753.15$287,650
Feb 20261,48737,67363.503.75$235,710
Jan 20261,54927,93659.138.00$315,022
Dec 20251,51031,20356.664.41$223,267
Nov 20251,88029,17058.593.93$224,683
Oct 20251,47332,25559.383.30$194,064
Sep 20251,72428,87662.743.08$197,013
Aug 20251,84429,11763.933.01$205,668
Jul 20251,98029,52666.743.32$230,030
Jun 20251,81825,45266.483.13$200,493
May 20251,56923,49360.553.23$170,940
Apr 20251,73227,12062.363.54$204,097
Mar 20251,90227,07467.704.27$244,326
Feb 20251,61425,29970.884.34$224,219
Jan 20251,81627,09674.324.28$250,900
Dec 20241,82926,90368.993.12$210,157
Nov 20241,89424,52169.052.20$184,689
Oct 20242,08623,69371.372.28$202,931
Sep 20241,92521,27569.612.36$184,301
Aug 20241,93119,13075.632.06$185,519
Jul 20243,83819,40979.932.15$348,435
Jun 20243,29916,23478.082.63$300,346
May 20241,86041,31578.812.20$237,415
Apr 20242,63049,75684.451.66$304,659
Mar 20242,49247,41480.301.55$273,368
Feb 20242,17840,28076.091.78$237,569
Jan 20242,50949,10073.023.30$345,122
Dec 20232,64044,55371.262.61$304,442
Nov 20232,62246,64677.892.81$335,189
Oct 20232,54646,69385.443.09$361,685
Sep 20232,58144,30989.042.74$350,999
Aug 20233,04949,32180.522.67$377,335
Jul 20231,46426,77574.852.64$180,315
Jun 20231,84143,61968.962.26$225,468
May 20232,31454,98370.622.23$285,884
Apr 20232,63655,99378.122.24$331,223
Mar 20232,84356,78072.852.39$342,996
Feb 20232,47250,83675.112.47$311,017
Jan 20232,65358,21376.533.39$400,243
Dec 20222,82457,06076.415.73$542,683
Nov 20222,87255,96285.005.65$560,093
Oct 20223,14856,38887.185.86$605,088
Sep 20222,52143,76284.888.16$571,241
Aug 20223,19954,43694.529.13$799,216
Jul 20223,04956,608101.587.54$736,659
Jun 20223,11754,736115.097.98$795,376
May 20223,08456,874109.378.43$816,918
Apr 20223,07355,643104.226.84$700,733
Mar 20223,32858,926108.885.08$661,485
Feb 20222,88151,15091.054.86$510,845
Jan 20223,29756,96081.844.54$528,293
Dec 20213,47958,41671.323.90$475,893
Nov 20213,46558,08277.435.24$572,462
Oct 20213,64659,03879.795.71$628,250
Sep 20213,44058,25569.865.35$552,036
Aug 20213,81359,04166.024.22$500,922
Jul 20213,77158,68370.783.98$500,592
Jun 20213,68354,30469.493.38$439,513
May 20214,02056,49463.483.02$425,670
Apr 20213,83358,03460.362.76$391,442
Mar 20214,31765,34261.302.72$442,162
Feb 20213,45751,27357.805.55$484,275
Jan 20214,44663,52950.412.81$402,657
Dec 20204,87567,30744.642.68$397,697
Nov 20204,51362,65438.772.71$344,546
Oct 20205,08665,79636.972.48$351,100
Sep 20205,10165,19537.091.99$319,002
Aug 20205,53768,37539.982.39$384,450
Jul 20205,57569,58538.371.83$340,914
Jun 20205,59167,83034.901.69$309,780
May 20205,94271,64016.921.81$230,547
Apr 20206,08771,13414.751.80$218,136
Mar 20206,03577,29030.341.86$326,570
Feb 20205,96370,46349.881.98$436,998
Jan 20206,25183,82957.252.09$533,470
Dec 20195,88573,99159.012.30$517,776
Nov 20196,42485,39155.302.75$590,132
Oct 20197,40591,17653.472.42$616,458
Sep 20197,31188,86155.052.66$638,599
Aug 20197,81871,36053.112.30$579,653
Jul 20198,15775,98156.272.46$645,912
Jun 20198,22979,59652.782.49$632,616
May 20199,00477,25458.482.74$738,255
Apr 20199,43376,54662.632.75$801,344
Mar 201910,15986,17456.803.06$840,905
Feb 20199,44484,98450.852.79$717,521
Jan 201911,16390,74046.033.23$806,758
Dec 201812,687104,82246.594.19$1,029,814
Nov 201813,02098,92252.934.24$1,108,305
Oct 201815,020104,01161.443.40$1,276,267
Sep 201814,03776,23959.543.11$1,072,714
Aug 20187,33253,96959.403.07$601,020
Jul 201816,82596,04465.142.93$1,377,570
Jun 201819,388102,20560.183.08$1,481,246
May 201822,283117,10465.382.90$1,796,558
Apr 201823,946118,38863.842.90$1,872,133
Mar 201830,940121,86761.222.79$2,233,771
Feb 201836,127120,27361.782.77$2,564,616
Jan 201851,951117,15762.874.01$3,735,879
Dec 201760,864117,84857.272.92$3,829,977

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                1,634 bbl  × $106.41 =   $173,874
Casinghead gas    44,772 Mcf  × $  3.05 =   $136,368

────────────────────────────────────────────────────
Month total                                 $310,242

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/19920 is the state's own key, not one this site invented.