CORMAC 8-17-C

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 20732District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$52.8 M
May 2019 – May 2026
Value, last 12 filed months
$3.2 M
at the published price for each month
Months reported
85
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
OilDisposition652,913 bbl$39,204,271
Casinghead gasProduction3,897,770 Mcf$13,597,144
Total$52,801,416

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 31.6991, -101.0181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 115.2 miles, so treat it as the lease's centre and not as its location.

31.77251, -100.69360 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
8,711 ft
3 wells filed one
Completion to plug
2.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 4,600 and 9,007 ft, median 8,711 ft, over the 3 wells that filed a depth.

Completions filed
Nov 1983 – May 2019
3 of 3 wells
Plug dates filed
Oct 1986
1 of 3 wells; 2 filed none

Last completion to plug: a median of 2.9 years across the 1 well that filed both dates, with the middle half between 2.9 years and 2.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-383405434306H8,711 ftMay 2019
42-383405424405H9,007 ftMay 2019
42-3993280724,600 ftNov 1983Oct 1986Yes

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 (85)

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

85 months

May 202665022,120106.413.05$136,540
Apr 20262,01721,80598.932.87$262,116
Mar 20261,03611,89889.753.15$130,453
Feb 20262,79126,08763.503.75$275,063
Jan 20262,65230,70059.138.00$402,349
Dec 20254,05642,14656.664.41$415,818
Nov 20251,45134,84058.593.93$221,811
Oct 20252,17233,32959.383.30$239,120
Sep 20252,81138,64762.743.08$295,276
Aug 20252,53637,08263.933.01$273,920
Jul 20252,86735,28266.743.32$308,310
Jun 20252,40935,05966.483.13$269,840
May 20252,91336,01360.553.23$292,788
Apr 20253,09834,29762.363.54$314,710
Mar 20252,70234,64367.704.27$330,793
Feb 20252,88734,12270.884.34$352,749
Jan 20253,34432,60474.324.28$388,028
Dec 20242,96833,68668.993.12$309,909
Nov 20242,95031,54469.052.20$273,045
Oct 20243,06932,95771.372.28$294,223
Sep 20243,20030,80969.612.36$295,596
Aug 20243,36030,66175.632.06$317,390
Jul 20243,53128,39379.932.15$343,181
Jun 20243,23719,31378.082.63$303,615
May 20242,43625,41278.812.20$247,848
Apr 20243,20938,83684.451.66$335,437
Mar 20243,30041,01180.301.55$328,357
Feb 20242,60739,06176.091.78$268,037
Jan 20243,47542,31873.023.30$393,295
Dec 20233,57045,18571.262.61$372,364
Nov 20233,45240,98377.892.81$383,939
Oct 20234,02046,31885.443.09$486,465
Sep 20232,75927,39089.042.74$320,574
Aug 20234,27445,48080.522.67$465,705
Jul 20234,33145,08774.852.64$443,286
Jun 20233,91141,55568.962.26$363,554
May 20234,46144,80170.622.23$414,826
Apr 20234,70041,42378.122.24$459,859
Mar 20234,32144,72072.852.39$421,807
Feb 20234,54141,27775.112.47$442,850
Jan 20234,68244,02576.533.39$507,458
Dec 20224,81345,79176.415.73$630,102
Nov 20224,60947,43185.005.65$659,570
Oct 20224,78050,36687.185.86$712,055
Sep 20224,82850,78284.888.16$824,369
Aug 20225,23552,65394.529.13$975,385
Jul 20225,06454,045101.587.54$922,013
Jun 20225,15252,116115.097.98$1,008,683
May 20225,73953,656109.378.43$1,080,158
Apr 20225,81451,861104.226.84$960,540
Mar 20226,27552,290108.885.08$948,667
Feb 20225,63543,76891.054.86$725,728
Jan 20226,84956,61381.844.54$817,414
Dec 20216,77749,46071.323.90$676,186
Nov 20216,59847,83277.435.24$761,372
Oct 20216,52947,19779.795.71$790,626
Sep 20217,12850,43669.865.35$767,841
Aug 20217,25452,69566.024.22$701,313
Jul 20217,66154,27270.783.98$758,361
Jun 20217,77661,03569.493.38$746,690
May 20218,60664,20163.483.02$740,046
Apr 20218,85762,69860.362.76$707,556
Mar 202110,22537,46661.302.72$728,585
Feb 20214,05820,85157.805.55$350,233
Jan 20216,94539,67750.412.81$461,601
Dec 20209,28569,72944.642.68$601,040
Nov 20209,96768,96938.772.71$573,090
Oct 202010,54771,03736.972.48$565,983
Sep 202010,64170,64037.091.99$535,322
Aug 202012,18478,42439.982.39$674,165
Jul 202014,46189,72238.371.83$718,622
Jun 202011,91336,05834.901.69$476,713
May 202011,48927,19516.921.81$243,746
Apr 20208,80446,74714.751.80$214,208
Mar 202017,32676,82530.341.86$668,276
Feb 202013,22127,67049.881.98$714,269
Jan 202013,03344,26957.252.09$838,871
Dec 201916,29165,83659.012.30$1,113,042
Nov 201918,99563,29955.302.75$1,224,540
Oct 201923,80479,21353.472.42$1,464,380
Sep 201927,38690,99755.052.66$1,749,404
Aug 201934,06687,29353.112.30$2,010,400
Jul 201948,54485,83456.272.46$2,942,728
Jun 201956,91273,40252.782.49$3,186,674
May 20192,0812,50058.482.74$128,548

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                  650 bbl  × $106.41 =    $69,167
Casinghead gas    22,120 Mcf  × $  3.05 =    $67,374

────────────────────────────────────────────────────
Month total                                 $136,540

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/20732 is the state's own key, not one this site invented.