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REESE 15E-10-F

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 20943District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$40.7 M
Dec 2019 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
78
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
OilDisposition569,622 bbl$33,311,727
Casinghead gasProduction2,136,871 Mcf$7,378,161
Total$40,689,888

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 31.6092, -102.0704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60916, -102.07043 · 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
9,678 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 9,678 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-461411934311H9,678 ftDec 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 (78)

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

78 months

May 20261,69513,111106.413.05$220,299
Apr 20261,64513,50398.932.87$201,490
Mar 20261,58617,67689.753.15$198,013
Feb 20261,93614,81763.503.75$178,504
Jan 20262,52221,30259.138.00$319,498
Dec 20252,41618,52056.664.41$218,626
Nov 20252,46518,30058.593.93$216,278
Oct 20252,78521,48559.383.30$236,378
Sep 20252,76631,00562.743.08$268,939
Aug 20252,54319,56863.933.01$221,567
Jul 20252,27129,73266.743.32$250,134
Jun 20252,24932,12966.483.13$250,036
May 20252,35025,71960.553.23$225,425
Apr 20252,36126,36262.363.54$240,636
Mar 20252,77818,98167.704.27$269,088
Feb 20252,66017,19570.884.34$263,182
Jan 20252,80919,12874.324.28$290,607
Dec 20243,06220,29668.993.12$274,599
Nov 20242,89919,36669.052.20$242,751
Oct 20242,95221,24771.372.28$259,157
Sep 20242,60320,08469.612.36$228,681
Aug 20242,72020,61275.632.06$248,249
Jul 20242,98224,51079.932.15$290,964
Jun 20242,70424,24778.082.63$274,994
May 20243,06024,86278.812.20$295,816
Apr 20243,29524,85284.451.66$319,497
Mar 20243,51026,39980.301.55$322,643
Feb 20243,34124,81576.091.78$298,478
Jan 20243,62624,69373.023.30$346,200
Dec 20233,83224,10171.262.61$335,989
Nov 20233,45422,31377.892.81$331,677
Oct 20233,97723,88585.443.09$413,535
Sep 20234,17427,71489.042.74$447,452
Aug 20234,75834,77080.522.67$476,050
Jul 20233,20013,55374.852.64$275,324
Jun 20233,59415,48668.962.26$282,817
May 20234,28720,81570.622.23$349,111
Apr 20234,34418,94278.122.24$381,741
Mar 20233,39816,57472.852.39$287,209
Feb 20233,2974,08675.112.47$257,712
Jan 20232,3401,95576.533.39$185,703
Dec 20225721,92376.415.73$54,724
Nov 20222,26113,13185.005.65$266,325
Oct 20225,25527,67287.185.86$620,393
Sep 20225,04224,98784.888.16$631,951
Aug 20225,31232,95594.529.13$802,876
Jul 20226,07429,091101.587.54$836,404
Jun 20224,62620,876115.097.98$698,938
May 20225,59523,348109.378.43$808,820
Apr 20225,70924,574104.226.84$763,019
Mar 20226,23027,555108.885.08$818,203
Feb 20225,88827,71791.054.86$670,775
Jan 20226,47032,05981.844.54$674,978
Dec 20217,09036,37171.323.90$647,474
Nov 20216,95237,56277.435.24$735,000
Oct 20217,45737,30779.795.71$808,161
Sep 20217,11734,19969.865.35$680,190
Aug 20218,20039,11666.024.22$706,457
Jul 20218,67444,88370.783.98$792,673
Jun 20218,78645,29269.493.38$763,654
May 20219,95254,14063.483.02$795,130
Apr 202110,95561,19660.362.76$830,048
Mar 202114,03252,71861.302.72$1,003,393
Feb 20219,61011,83957.805.55$621,140
Jan 20218,7768,10350.412.81$465,170
Dec 20206,8097,77444.642.68$324,753
Nov 202011,64025,99838.772.71$521,648
Oct 202013,60642,72036.972.48$608,892
Sep 202016,04155,87037.091.99$706,200
Aug 202018,62762,47539.982.39$893,717
Jul 202022,41675,93438.371.83$998,691
Jun 202021,78129,28134.901.69$809,651
May 20209,22317,91716.921.81$188,568
Apr 202024,39742,94814.751.80$437,350
Mar 202029,26340,58830.341.86$963,180
Feb 202033,67342,90649.881.98$1,764,592
Jan 202048,26956,79057.252.09$2,882,361
Dec 201925,99628,34659.012.30$1,599,343

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                1,695 bbl  × $106.41 =   $180,365
Casinghead gas    13,111 Mcf  × $  3.05 =    $39,934

────────────────────────────────────────────────────
Month total                                 $220,299

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/20943 is the state's own key, not one this site invented.