GRACE 45 AND 1

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 19921District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$32.1 M
Feb 2018 – May 2026
Value, last 12 filed months
$628 k
at the published price for each month
Months reported
100
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
OilDisposition338,219 bbl$20,535,866
Casinghead gasProduction3,305,600 Mcf$11,613,514
Total$32,149,380

Wells on this lease (3)

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 31.5443, -101.8612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54431, -101.86120 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,307 ft
3 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.
3100.0%

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 9,021 and 9,607 ft, median 9,307 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2018
3 of 3 wells

3 wells

42-461406434204H9,021 ftFeb 2018
42-461406444404H9,607 ftFeb 2018
42-461406454304H9,307 ftFeb 2018

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 (100)

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

100 months

May 20264421,192106.413.05$50,664
Apr 20264592,57098.932.87$52,784
Mar 20261263,86489.753.15$23,478
Feb 20263373563.503.75$4,852
Jan 2026987159.138.00$7,498
Dec 20251432,06756.664.41$17,225
Nov 20251571,46658.593.93$14,955
Oct 202588312,01159.383.30$92,127
Sep 202556114,21562.743.08$78,936
Aug 202549213,53163.933.01$72,246
Jul 202593415,42366.743.32$113,465
Jun 202580614,86366.483.13$100,085
May 20251,11414,93760.553.23$115,734
Apr 20251,11512,64962.363.54$114,348
Mar 20251,60413,63667.704.27$166,794
Feb 20255717,80370.884.34$74,344
Jan 202581810,15674.324.28$104,248
Dec 20241,08810,91668.993.12$109,134
Nov 20241,10010,26669.052.20$98,524
Oct 20241,51910,40671.372.28$132,151
Sep 20241,85412,13369.612.36$157,744
Aug 20249904,14775.632.06$83,432
Jul 20242,28710,29279.932.15$204,893
Jun 20243,20610,65278.082.63$278,382
May 20244501,12278.812.20$37,931
Apr 20241,2552,91484.451.66$110,820
Mar 202443397580.301.55$36,276
Feb 2024077976.091.78$1,389
Jan 20242271373.023.30$3,958
Dec 20235803,22371.262.61$49,745
Nov 20231,2964,24877.892.81$112,872
Oct 20231,1212,13585.443.09$102,370
Sep 20231,0193,74789.042.74$100,980
Aug 202313630080.522.67$11,753
Jul 20234610574.852.64$3,720
Jun 20238911168.962.26$6,388
May 202319923,60070.622.23$66,620
Apr 202329140,35878.122.24$113,044
Mar 202325143,79772.852.39$123,099
Feb 202336540,07775.112.47$126,232
Jan 202354948,35876.533.39$205,838
Dec 202261638,18476.415.73$265,828
Nov 202271838,41685.005.65$277,934
Oct 202231936,57487.185.86$242,272
Sep 202260840,01084.888.16$378,236
Aug 202279841,92494.529.13$458,074
Jul 20221,02943,387101.587.54$431,754
Jun 20221,24744,398115.097.98$497,689
May 202292640,762109.378.43$445,024
Apr 202232637,123104.226.84$287,808
Mar 202270246,085108.885.08$310,380
Feb 202288140,45591.054.86$276,779
Jan 202288840,52681.844.54$256,568
Dec 20211,00138,83771.323.90$222,821
Nov 202193634,72077.435.24$254,298
Oct 202178337,03079.795.71$274,060
Sep 202133938,36569.865.35$228,971
Aug 202137846,08366.024.22$219,453
Jul 202173138,49570.783.98$205,030
Jun 202187736,51369.493.38$184,379
May 20211,31538,16163.483.02$198,634
Apr 20212,57935,98760.362.76$254,936
Mar 20211,89236,83661.302.72$216,061
Feb 202189932,98757.805.55$234,972
Jan 20211,19340,17950.412.81$173,053
Dec 20201,28741,40644.642.68$168,232
Nov 20201,07835,73238.772.71$138,505
Oct 20201,37940,89436.972.48$152,335
Sep 20201,27243,68637.091.99$134,159
Aug 20201,91248,41039.982.39$191,904
Jul 20201,74948,44438.371.83$155,525
Jun 20201,95945,19934.901.69$144,769
May 20201,93146,86416.921.81$117,719
Apr 20202,87343,18714.751.80$120,303
Mar 20203,57441,91530.341.86$186,239
Feb 20202,53731,18549.881.98$188,313
Jan 20203,44247,26657.252.09$296,064
Dec 20191,81246,52159.012.30$214,127
Nov 20193,29755,48055.302.75$334,933
Oct 20193,27457,27853.472.42$313,590
Sep 20193,47053,21055.052.66$332,417
Aug 20193,78458,20953.112.30$335,103
Jul 20194,38255,68856.272.46$383,571
Jun 20194,71553,79952.782.49$382,882
May 20196,02550,97058.482.74$492,016
Apr 20195,78641,33862.632.75$476,086
Mar 20195,44442,94556.803.06$440,721
Feb 20195,61748,29750.852.79$420,480
Jan 20195,70960,81946.033.23$459,120
Dec 20187,67065,83546.594.19$632,894
Nov 20188,25368,20352.934.24$725,824
Oct 20189,61771,12861.443.40$832,567
Sep 201810,88977,39159.543.11$888,862
Aug 201813,56086,07859.403.07$1,069,427
Jul 201816,06091,53065.142.93$1,314,503
Jun 201819,21082,83460.183.08$1,410,931
May 201825,43393,96465.382.90$1,935,380
Apr 201834,83982,60563.842.90$2,463,742
Mar 201846,78362,40561.222.79$3,037,968
Feb 201815,20315,48561.782.77$982,075

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                  442 bbl  × $106.41 =    $47,033
Casinghead gas     1,192 Mcf  × $  3.05 =     $3,631

────────────────────────────────────────────────────
Month total                                  $50,664

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/19921 is the state's own key, not one this site invented.