BATES 43B-31-D

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 20531District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$53.9 M
Jul 2019 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
83
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
OilDisposition647,293 bbl$37,624,672
Casinghead gasProduction4,726,859 Mcf$16,275,191
Total$53,899,863

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 31.5128, -101.6714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51275, -101.67143 · 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
8,729 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 8,586 and 8,872 ft, median 8,729 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2019
2 of 2 wells

2 wells

42-383404594407H8,872 ftJul 2019
42-383404604307H8,586 ftJul 2019

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 (83)

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

83 months

May 20261,76722,850106.413.05$257,624
Apr 20261,77222,48598.932.87$239,830
Mar 20261,78618,76689.753.15$219,396
Feb 20261,69215,80763.503.75$166,723
Jan 20262,4486,68959.138.00$198,248
Dec 20252,7368,51056.664.41$192,579
Nov 202568718,89758.593.93$114,449
Oct 20251,33241,43959.383.30$216,043
Sep 20252,06856,50162.743.08$303,595
Aug 20252,18551,02163.933.01$293,503
Jul 20252,21252,08166.743.32$320,288
Jun 20252,06548,67266.483.13$289,562
May 20252,55850,80960.553.23$319,118
Apr 20252,21549,56162.363.54$313,728
Mar 20252,48848,81267.704.27$376,783
Feb 20252,26145,16670.884.34$356,318
Jan 20252,45050,12974.324.28$396,570
Dec 20242,54249,18668.993.12$328,900
Nov 20242,34049,45069.052.20$270,290
Oct 20242,46652,49571.372.28$295,761
Sep 20242,30852,29769.612.36$284,309
Aug 20242,08555,13975.632.06$271,475
Jul 20242,42653,59979.932.15$308,965
Jun 20242,79950,86278.082.63$352,515
May 20242,97349,80878.812.20$343,802
Apr 20242,78948,23084.451.66$315,554
Mar 20243,01951,66080.301.55$322,247
Feb 20243,05349,99076.091.78$321,467
Jan 20243,18853,36673.023.30$408,771
Dec 20233,39654,52071.262.61$384,335
Nov 20233,25752,53277.892.81$401,174
Oct 20233,51157,44385.443.09$477,322
Sep 20233,24556,02389.042.74$442,160
Aug 20232,79659,37280.522.67$383,828
Jul 20232,95059,78374.852.64$378,742
Jun 20232,94959,62768.962.26$338,029
May 20233,36862,89670.622.23$377,943
Apr 20233,52459,62178.122.24$408,712
Mar 20233,84260,14672.852.39$423,829
Feb 20233,73852,53775.112.47$410,301
Jan 20234,56260,88676.533.39$555,395
Dec 20224,76358,35176.415.73$698,238
Nov 20224,51754,72185.005.65$692,911
Oct 20224,41755,76087.185.86$712,037
Sep 20222,73047,49584.888.16$619,456
Aug 20224,16359,93994.529.13$940,560
Jul 20225,18868,885101.587.54$1,046,533
Jun 20225,06362,532115.097.98$1,081,531
May 20225,62270,090109.378.43$1,205,950
Apr 20224,53766,017104.226.84$924,244
Mar 20225,46269,491108.885.08$947,467
Feb 20224,44758,06991.054.86$687,047
Jan 20226,92073,51181.844.54$899,902
Dec 20217,00568,55771.323.90$766,909
Nov 20215,70067,71177.435.24$795,943
Oct 20215,77867,73479.795.71$848,050
Sep 20214,53665,13769.865.35$665,428
Aug 20215,39868,47666.024.22$645,385
Jul 20216,03867,57470.783.98$696,455
Jun 20217,87264,04869.493.38$763,547
May 20218,40864,76963.483.02$729,191
Apr 20218,94155,95560.362.76$694,026
Mar 20219,20552,63561.302.72$707,273
Feb 20216,87351,19157.805.55$681,265
Jan 20218,83666,59950.412.81$632,584
Dec 202010,26579,46544.642.68$670,835
Nov 202010,91377,16738.772.71$631,955
Oct 202012,51483,02336.972.48$668,409
Sep 202011,95255,55137.091.99$553,904
Aug 202013,80485,08139.982.39$754,811
Jul 202014,93694,38938.371.83$745,366
Jun 202017,343106,62534.901.69$785,500
May 202016,65673,86116.921.81$415,859
Apr 202011,27345,85714.751.80$249,020
Mar 202021,441108,92430.341.86$852,708
Feb 202024,79291,41649.881.98$1,417,690
Jan 202023,81172,04957.252.09$1,514,104
Dec 201927,18572,92659.012.30$1,772,235
Nov 201921,64636,14355.302.75$1,296,442
Oct 201941,07377,85853.472.42$2,384,476
Sep 201948,25762,10455.052.66$2,821,576
Aug 201955,34562,73053.112.30$3,083,925
Jul 201913,82016,78056.272.46$818,931

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                1,767 bbl  × $106.41 =   $188,026
Casinghead gas    22,850 Mcf  × $  3.05 =    $69,597

────────────────────────────────────────────────────
Month total                                 $257,624

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/20531 is the state's own key, not one this site invented.