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REESE 15C-10-H

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 20776District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$55.5 M
Jun 2019 – May 2026
Value, last 12 filed months
$3.5 M
at the published price for each month
Months reported
84
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
OilDisposition790,866 bbl$47,081,669
Casinghead gasProduction2,447,399 Mcf$8,415,491
Total$55,497,160

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 31.6100, -102.0662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61003, -102.06624 · 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
9,645 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 9,498 and 9,791 ft, median 9,645 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2019
2 of 2 wells

2 wells

42-461410864415H9,791 ftJun 2019——
42-461410874215H9,498 ftJun 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 (84)

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

84 months

May 20262,41830,746106.413.05$350,947
Apr 20261,89034,61898.932.87$286,322
Mar 20261,93532,52789.753.15$276,108
Feb 20262,62429,37863.503.75$276,801
Jan 20262,65734,79159.138.00$435,364
Dec 20252,47923,89456.664.41$245,913
Nov 20252,72025,33258.593.93$258,829
Oct 20253,14924,71859.383.30$268,677
Sep 20253,41421,68262.743.08$280,908
Aug 20253,73323,26063.933.01$308,774
Jul 20252,59517,67866.743.32$231,796
Jun 20252,59722,69066.483.13$243,639
May 20253,35824,60160.553.23$282,845
Apr 20253,42622,59962.363.54$293,716
Mar 20253,34922,55467.704.27$322,995
Feb 20252,74323,77170.884.34$297,610
Jan 20254,26625,88574.324.28$427,803
Dec 20243,89722,38568.993.12$338,726
Nov 20243,95922,21069.052.20$322,196
Oct 20244,15422,42171.372.28$347,622
Sep 20244,04421,40469.612.36$332,110
Aug 20244,27722,20075.632.06$369,282
Jul 20244,56220,31979.932.15$408,257
Jun 20244,32216,83778.082.63$381,810
May 20244,51215,61178.812.20$389,911
Apr 20244,74414,64484.451.66$424,928
Mar 20244,83114,41980.301.55$410,209
Feb 20244,71510,79776.091.78$378,022
Jan 20245,2479,74273.023.30$415,262
Dec 20235,1718,99371.262.61$391,964
Nov 20234,7568,55077.892.81$394,449
Oct 20235,0637,95285.443.09$457,133
Sep 20234,9808,77189.042.74$467,408
Aug 20234,7806,74380.522.67$402,909
Jul 20235,1346,86374.852.64$402,411
Jun 20234,6396,10468.962.26$333,691
May 20234,8366,00570.622.23$354,894
Apr 20234,2815,01378.122.24$345,650
Mar 20234,5827,33572.852.39$351,353
Feb 20234,3344,72875.112.47$337,184
Jan 20234,6859,85476.533.39$391,926
Dec 20221,6542,74376.415.73$142,097
Nov 20221,9279,96485.005.65$220,054
Oct 20225,77831,55387.185.86$688,745
Sep 20226,01831,07684.888.16$764,502
Aug 20225,87938,64794.529.13$908,420
Jul 20227,23439,536101.587.54$1,033,013
Jun 20226,20831,713115.097.98$967,460
May 20227,08528,908109.378.43$1,018,669
Apr 20227,08626,759104.226.84$921,470
Mar 20227,03522,352108.885.08$879,438
Feb 20226,63521,77491.054.86$709,913
Jan 20227,52528,99981.844.54$747,434
Dec 20217,58029,88071.323.90$657,111
Nov 20217,66933,66677.435.24$770,114
Oct 20218,46434,87079.795.71$874,585
Sep 20217,40230,18469.865.35$678,616
Aug 20217,77932,08466.024.22$648,983
Jul 20218,35333,91970.783.98$726,294
Jun 20218,86434,27769.493.38$731,837
May 20219,62837,38463.483.02$723,998
Apr 20219,99442,21660.362.76$719,687
Mar 202111,95437,04161.302.72$833,418
Feb 20218,74321,91357.805.55$626,918
Jan 202110,42731,62150.412.81$614,489
Dec 202011,83940,32444.642.68$636,378
Nov 202012,27446,87038.772.71$602,720
Oct 202013,39246,78336.972.48$611,051
Sep 202013,60148,67637.091.99$601,377
Aug 202015,62659,33839.982.39$766,255
Jul 202017,05858,63838.371.83$761,537
Jun 202018,41644,93634.901.69$718,674
May 202014,16731,83616.921.81$297,480
Apr 202018,88964,46714.751.80$394,936
Mar 202020,68764,03230.341.86$746,502
Feb 202021,01363,84049.881.98$1,174,574
Jan 202028,28350,78257.252.09$1,725,577
Dec 201923,51418,08859.012.30$1,429,242
Nov 20198,3167,56555.302.75$480,684
Oct 201923,18449,46853.472.42$1,359,289
Sep 201938,16184,84255.052.66$2,326,212
Aug 201951,59590,89353.112.30$2,949,661
Jul 201978,71595,10856.272.46$4,663,264
Jun 201925,35727,21052.782.49$1,406,128

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                2,418 bbl  × $106.41 =   $257,299
Casinghead gas    30,746 Mcf  × $  3.05 =    $93,647

────────────────────────────────────────────────────
Month total                                 $350,947

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/20776 is the state's own key, not one this site invented.