MineralRecord
Log inSign up

WELCH TRUST 8-7-E

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 20772District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$13.0 M
Mar 2019 – May 2026
Value, last 12 filed months
$985 k
at the published price for each month
Months reported
87
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
OilDisposition173,108 bbl$10,785,303
Casinghead gasProduction660,900 Mcf$2,228,131
Total$13,013,434

Wells on this lease (1)

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 31.4799, -101.7819. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47989, -101.78187 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,117 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 9,117 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-383403594409H9,117 ftMar 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 (87)

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

87 months

May 20265535,745106.413.05$76,343
Apr 20267146,25698.932.87$88,589
Mar 20268316,30389.753.15$94,433
Feb 20266474,21563.503.75$56,892
Jan 20261,0015,08559.138.00$99,859
Dec 20251,1945,92156.664.41$93,784
Nov 202518642058.593.93$12,547
Oct 20255236,16259.383.30$51,420
Sep 202588016,29362.743.08$105,343
Aug 20258457,40263.933.01$76,336
Jul 20251,07313,08166.743.32$114,978
Jun 20251,19411,20266.483.13$114,425
May 20251,2897,18360.553.23$101,267
Apr 20259985,18762.363.54$80,613
Mar 20259804,53167.704.27$85,686
Feb 20258643,13570.884.34$74,849
Jan 20255652,41574.324.28$52,324
Dec 20241,0233,15168.993.12$80,412
Nov 20241,0736,64469.052.20$88,697
Oct 20241,3238,35771.372.28$113,488
Sep 20241,4667,88969.612.36$120,701
Aug 20241,0167,12275.632.06$91,537
Jul 20241,1338,33879.932.15$108,459
Jun 20241,1858,79978.082.63$115,701
May 20241,1997,61478.812.20$111,232
Apr 20241,1194,89584.451.66$102,621
Mar 20244391,88080.301.55$38,157
Feb 20245562,50276.091.78$46,769
Jan 20247091,85573.023.30$57,888
Dec 20231,0336,30971.262.61$90,083
Nov 20239785,64777.892.81$92,031
Oct 20239745,56585.443.09$100,399
Sep 20231,0545,57189.042.74$109,085
Aug 20231,0314,77880.522.67$95,787
Jul 20231,2454,10974.852.64$104,043
Jun 20231,1752,64468.962.26$86,999
May 20231,0972,13770.622.23$82,230
Apr 20239521,65878.122.24$78,080
Mar 20239201,38772.852.39$70,341
Feb 202363475475.112.47$49,479
Jan 20238601,27376.533.39$70,128
Dec 20226341,36876.415.73$56,281
Nov 20226592,77985.005.65$71,706
Oct 202212730087.185.86$12,831
Sep 20221,0658,56984.888.16$160,352
Aug 20221,7408,39794.529.13$241,106
Jul 20221,8257,051101.587.54$238,563
Jun 20221,7516,753115.097.98$255,393
May 20222,38010,599109.378.43$349,682
Apr 20222,1848,240104.226.84$283,958
Mar 20222,4576,895108.885.08$302,520
Feb 20229575,22691.054.86$112,527
Jan 20221,50010,81581.844.54$171,835
Dec 20211,69111,74771.323.90$166,405
Nov 20218113,50077.435.24$81,125
Oct 20211,55214,55379.795.71$206,988
Sep 20211,59213,11569.865.35$181,394
Aug 20211,61013,81766.024.22$164,608
Jul 20211,4277,71970.783.98$131,741
Jun 20211,2961,69269.493.38$95,779
May 20211,09923063.483.02$70,459
Apr 20211,2123,21560.362.76$82,025
Mar 20218651,70661.302.72$57,660
Feb 20217384,97157.805.55$70,235
Jan 20211,6589,65550.412.81$110,713
Dec 20201,78510,18244.642.68$106,924
Nov 20202,13812,18438.772.71$115,867
Oct 20202,12613,04936.972.48$110,939
Sep 20202,23814,47937.091.99$111,836
Aug 20202,43715,94139.982.39$135,452
Jul 20202,58717,12338.371.83$130,515
Jun 20202,80513,64034.901.69$120,950
May 20201,5924,58616.921.81$35,259
Apr 20202,69013,83314.751.80$64,637
Mar 20203,24419,19330.341.86$134,050
Feb 202096147749.881.98$48,879
Jan 20202,4301,66557.252.09$142,605
Dec 20193,77416,52559.012.30$260,783
Nov 20194,44416,99155.302.75$292,490
Oct 20195,13615,54453.472.42$312,216
Sep 20195,60811,23455.052.66$338,572
Aug 20196,40612,65553.112.30$369,384
Jul 20197,43015,33556.272.46$455,811
Jun 20199,37015,94952.782.49$534,281
May 201910,87913,81658.482.74$674,064
Apr 201910,7199,88162.632.75$698,511
Mar 201910,94812,29256.803.06$659,486

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                  553 bbl  × $106.41 =    $58,845
Casinghead gas     5,745 Mcf  × $  3.05 =    $17,498

────────────────────────────────────────────────────
Month total                                  $76,343

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/20772 is the state's own key, not one this site invented.