FRED

Name: FRED lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29731District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$3.2 M

Jan 1993 – Jun 2019

Value, last 12 filed months

at the published price for each month

Months reported

318

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

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 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Oil	Disposition	65,526 bbl	$2,916,608
Casinghead gas	Production	82,908 Mcf	$287,134
Total			$3,203,743

21,247 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.9944, -102.1596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99436, -102.15963 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,300 ft

1 wells filed one

Completion to plug

29.7 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 10,300 ft.

Completions filed

Apr 1985

1 of 1 wells

Plug dates filed

Dec 2014

1 of 1 wells

Last completion to plug: a median of 29.7 years across the 1 well that filed both dates, with the middle half between 29.7 years and 29.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32931493	1	10,300 ft	Apr 1985	Dec 2014	Yes

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 (318)

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

318 months


Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	3	0	27.35	2.36	$82
Dec 2015	3	0	32.36	2.00	$97
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	9	0	43.55	2.43	$392
Sep 2015	21	0	42.99	2.76	$903
Aug 2015	52	0	40.16	2.87	$2,088
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	82	0	55.21	2.96	$4,527
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	124	0	42.89	2.93	$5,318
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	168	0	43.43	3.10	$7,296
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	10	97	70.46	4.25	$1,117
Oct 2014	219	223	78.30	3.90	$18,018
Sep 2014	4	129	86.16	4.05	$867
Aug 2014	0	51	89.39	4.04	$206
Jul 2014	206	94	96.56	4.18	$20,284
Jun 2014	114	145	98.16	4.74	$11,877
May 2014	9	202	94.73	4.73	$1,807
Apr 2014	138	167	95.94	4.81	$14,043
Mar 2014	400	289	95.89	5.06	$39,817
Feb 2014	131	347	97.40	6.19	$14,908
Jan 2014	296	372	90.40	4.86	$28,567
Dec 2013	277	378	91.82	4.35	$27,080
Nov 2013	423	313	88.85	3.74	$38,754
Oct 2013	281	355	97.42	3.78	$28,717
Sep 2013	286	312	104.11	3.72	$30,935
Aug 2013	277	322	104.25	3.52	$30,012
Jul 2013	0	354	102.52	3.72	$1,316
Jun 2013	335	121	94.40	3.93	$32,100
May 2013	569	315	94.83	4.15	$55,265
Apr 2013	0	254	93.96	4.28	$1,088
Mar 2013	294	409	93.62	3.91	$29,125
Feb 2013	290	384	91.23	3.42	$27,770
Jan 2013	280	406	91.60	3.42	$27,036
Dec 2012	269	421	86.77	3.42	$24,781
Nov 2012	542	237	86.95	3.62	$47,986
Oct 2012	294	305	89.38	3.40	$27,315
Sep 2012	0	275	94.67	2.92	$803
Aug 2012	531	365	92.66	2.91	$50,264
Jul 2012	0	192	85.13	3.02	$580
Jun 2012	281	105	79.82	2.52	$22,694
May 2012	569	88	91.61	2.49	$52,345
Apr 2012	139	343	101.65	2.00	$14,814
Mar 2012	267	407	105.05	2.22	$28,953
Feb 2012	280	373	101.10	2.57	$29,267
Jan 2012	280	256	98.09	2.73	$28,165
Dec 2011	288	260	96.87	3.24	$28,741
Nov 2011	285	240	95.72	3.31	$28,075
Oct 2011	592	263	84.98	3.65	$51,268
Sep 2011	157	303	83.62	3.99	$14,336
Aug 2011	292	440	83.40	4.15	$26,179
Jul 2011	419	494	94.14	4.52	$41,676
Jun 2011	304	462	92.90	4.64	$30,385
May 2011	443	455	98.13	4.40	$45,476
Apr 2011	310	506	105.96	4.33	$35,040
Mar 2011	630	566	96.36	4.06	$63,003
Feb 2011	0	303	85.64	4.18	$1,267
Jan 2011	444	448	86.50	4.59	$40,462
Dec 2010	194	327	85.73	4.35	$18,053
Nov 2010	111	103	80.84	3.80	$9,364
Oct 2010	443	203	78.10	3.51	$35,311
Sep 2010	152	461	72.63	3.98	$12,874
Aug 2010	577	623	73.68	4.42	$45,267
Jul 2010	202	538	72.55	4.74	$17,203
Jun 2010	76	153	70.36	4.91	$6,099
May 2010	0	93	71.12	4.24	$394
Apr 2010	214	122	81.69	4.12	$17,985
Mar 2010	116	145	78.39	4.39	$9,730
Feb 2010	110	170	73.58	5.44	$9,019
Jan 2010	220	183	74.36	5.96	$17,451
Dec 2009	120	158	71.44	5.48	$9,439
Nov 2009	165	129	74.59	3.75	$12,791
Oct 2009	149	210	72.54	4.11	$11,672
Sep 2009	113	224	65.54	3.06	$8,093
Aug 2009	228	226	67.42	3.22	$16,099
Jul 2009	117	194	61.13	3.46	$7,824
Jun 2009	105	158	66.16	3.90	$7,562
May 2009	237	194	54.74	3.93	$13,735
Apr 2009	120	198	46.77	3.59	$6,323
Mar 2009	242	122	42.14	4.06	$10,693
Feb 2009	227	87	32.81	4.63	$7,851
Jan 2009	0	193	35.86	5.37	$1,037
Dec 2008	233	172	37.10	5.98	$9,672
Nov 2008	105	181	55.49	6.86	$7,068
Oct 2008	97	148	75.24	6.92	$8,323
Sep 2008	159	145	101.76	7.88	$17,322
Aug 2008	344	250	114.22	8.48	$41,412
Jul 2008	1	273	131.08	11.39	$3,240
Jun 2008	364	266	131.33	13.03	$51,271
May 2008	194	300	123.17	11.57	$27,367
Apr 2008	184	208	110.31	10.45	$22,472
Mar 2008	197	227	101.90	9.66	$22,268
Feb 2008	360	248	92.53	8.77	$35,486
Jan 2008	181	208	90.38	8.21	$18,066
Dec 2007	0	184	88.33	7.30	$1,344
Nov 2007	357	274	91.67	7.29	$34,724
Oct 2007	178	290	82.85	6.92	$16,755
Sep 2007	177	228	75.84	6.24	$14,847
Aug 2007	177	174	69.06	6.39	$13,335
Jul 2007	178	236	70.90	6.39	$14,128
Jun 2007	178	261	62.00	7.55	$13,006
May 2007	179	254	58.74	7.85	$12,507
Apr 2007	351	207	59.61	7.81	$22,539
Mar 2007	180	208	56.92	7.30	$11,764
Feb 2007	0	126	55.10	8.22	$1,035
Jan 2007	0	96	50.30	6.73	$646
Dec 2006	170	237	56.65	6.92	$11,270
Nov 2006	181	226	54.20	7.62	$11,532
Oct 2006	178	214	54.90	6.01	$11,059
Sep 2006	360	279	60.08	5.04	$23,034
Aug 2006	184	139	68.71	7.34	$13,663
Jul 2006	182	87	69.37	6.34	$13,177
Jun 2006	179	85	66.28	6.38	$12,407
May 2006	182	158	66.01	6.42	$13,029
Apr 2006	183	217	64.39	7.36	$13,381
Mar 2006	0	112	56.70	7.08	$793
Feb 2006	0	90	57.59	7.75	$698
Jan 2006	0	117	60.59	8.93	$1,045
Dec 2005	174	135	54.94	13.42	$11,371
Nov 2005	182	174	54.69	10.59	$11,796
Oct 2005	0	126	58.34	13.80	$1,738
Sep 2005	0	91	61.45	12.08	$1,099
Aug 2005	175	309	61.51	9.80	$13,791
Jul 2005	351	380	55.69	7.84	$22,528
Jun 2005	181	334	52.33	7.38	$11,937
May 2005	185	256	45.22	6.65	$10,068
Apr 2005	355	282	49.20	7.36	$19,542
Mar 2005	184	377	50.37	7.15	$11,965
Feb 2005	183	248	45.22	6.31	$9,841
Jan 2005	182	200	43.16	6.32	$9,120
Dec 2004	371	242	39.86	6.75	$16,422
Nov 2004	184	251	45.28	6.33	$9,920
Oct 2004	175	271	49.70	6.52	$10,463
Sep 2004	180	329	43.24	5.28	$9,522
Aug 2004	181	275	42.37	5.55	$9,195
Jul 2004	361	445	38.28	6.08	$16,527
Jun 2004	188	335	36.10	6.43	$8,942
May 2004	184	339	37.48	6.49	$9,098
Apr 2004	359	379	34.47	5.86	$14,595
Mar 2004	179	414	34.36	5.53	$8,440
Feb 2004	175	352	32.45	5.51	$7,618
Jan 2004	361	384	32.03	6.30	$13,982
Dec 2003	185	387	30.26	6.30	$8,037
Nov 2003	352	406	28.80	4.60	$12,003
Oct 2003	178	495	28.17	4.76	$7,370
Sep 2003	361	492	26.31	4.75	$11,835
Aug 2003	175	490	29.76	5.13	$7,722
Jul 2003	365	493	29.41	5.17	$13,284
Jun 2003	180	437	28.56	5.98	$7,755
May 2003	180	411	26.59	5.97	$7,241
Apr 2003	369	398	26.67	5.41	$11,993
Mar 2003	180	407	31.14	6.10	$8,086
Feb 2003	346	365	33.48	7.93	$14,477
Jan 2003	182	381	30.31	5.58	$7,643
Dec 2002	362	377	26.91	4.85	$11,571
Nov 2002	181	396	24.66	4.14	$6,102
Oct 2002	363	414	26.46	4.23	$11,356
Sep 2002	179	409	27.44	3.64	$6,399
Aug 2002	355	417	25.96	3.16	$10,535
Jul 2002	181	399	24.58	3.06	$5,671
Jun 2002	357	398	23.73	3.34	$9,800
May 2002	178	431	24.66	3.58	$5,934
Apr 2002	366	435	23.65	3.51	$10,184
Mar 2002	183	418	22.00	3.10	$5,323
Feb 2002	360	226	18.22	2.38	$7,096
Jan 2002	183	368	17.17	2.38	$4,016
Dec 2001	359	329	16.93	2.36	$6,856
Nov 2001	182	351	18.07	2.41	$4,133
Oct 2001	364	406	19.78	2.53	$8,227
Sep 2001	177	399	24.26	2.25	$5,192
Aug 2001	356	273	24.87	3.05	$9,687
Jul 2001	177	315	23.93	3.20	$5,243
Jun 2001	169	189	24.56	3.82	$4,873
May 2001	339	187	25.52	4.31	$9,457
Apr 2001	341	406	24.68	5.34	$10,582
Mar 2001	167	424	24.54	5.38	$6,378
Feb 2001	350	377	27.75	5.77	$11,887
Jan 2001	185	377	27.47	8.40	$8,248
Dec 2000	346	397	26.88	9.12	$12,922
Nov 2000	183	411	32.21	5.66	$8,220
Oct 2000	180	421	31.23	5.15	$7,788
Sep 2000	288	381	31.87	5.19	$11,155
Aug 2000	365	342	29.64	4.54	$12,372
Jul 2000	360	300	28.53	4.09	$11,498
Jun 2000	180	364	29.30	4.40	$6,875
May 2000	361	354	27.26	3.68	$11,143
Apr 2000	181	359	24.51	3.12	$5,555
Mar 2000	366	385	28.42	2.86	$11,503
Feb 2000	185	254	27.62	2.73	$5,802
Jan 2000	185	227	25.27	2.48	$5,238
Dec 1999	183	276	24.28	2.42	$5,112
Nov 1999	182	378	23.19	2.43	$5,141
Oct 1999	182	342	20.98	2.80	$4,777
Sep 1999	360	84	21.75	2.62	$8,050
Aug 1999	181	1,346	19.26	2.88	$7,357
Jul 1999	355	362	17.89	2.37	$7,210
Jun 1999	175	487	15.94	2.36	$3,940
May 1999	364	350	15.79	2.32	$6,560
Apr 1999	185	277	15.10	2.21	$3,405
Mar 1999	369	248	12.47	1.84	$5,057
Feb 1999	182	221	9.98	1.82	$2,218
Jan 1999	365	230	10.38	1.90	$4,226
Dec 1998	185	235	9.20	1.77	$2,119
Nov 1998	182	253	10.89	2.19	$2,535
Oct 1998	361	250	12.42	1.97	$4,976
Sep 1998	180	240	12.59	2.08	$2,766
Aug 1998	357	259	11.30	1.91	$4,528
Jul 1998	170	242	11.74	2.24	$2,537
Jun 1998	363	240	11.24	2.24	$4,617
May 1998	178	245	12.62	2.21	$2,787
Apr 1998	353	199	13.04	2.51	$5,102
Mar 1998	366	220	12.80	2.31	$5,193
Feb 1998	170	229	13.95	2.30	$2,898
Jan 1998	340	211	14.70	2.15	$5,453
Dec 1997	349	181	16.32	2.41	$6,132
Nov 1997	174	186	18.19	3.09	$3,739
Oct 1997	334	201	19.25	3.15	$7,063
Sep 1997	175	201	17.74	2.95	$3,698
Aug 1997	362	210	17.86	2.55	$7,002
Jul 1997	240	223	17.58	2.25	$4,720
Jun 1997	179	397	17.24	2.26	$3,982
May 1997	364	180	18.97	2.31	$7,321
Apr 1997	174	261	17.88	2.08	$3,655
Mar 1997	456	277	18.95	1.94	$9,178
Feb 1997	181	142	20.49	2.21	$4,022
Jan 1997	177	287	23.48	3.54	$5,172
Dec 1996	573	299	23.32	—	$13,362
Nov 1996	176	299	21.97	—	$3,867
Oct 1996	178	315	23.31	—	$4,149
Sep 1996	345	337	22.22	—	$7,666
Aug 1996	185	499	20.26	—	$3,748
Jul 1996	348	582	19.55	—	$6,803
Jun 1996	349	512	18.73	—	$6,537
May 1996	183	393	19.43	—	$3,556
Apr 1996	352	394	21.51	—	$7,572
Mar 1996	345	317	19.38	—	$6,686
Feb 1996	360	309	16.98	—	$6,113
Jan 1996	177	273	17.07	—	$3,021
Dec 1995	366	301	17.19	—	$6,292
Nov 1995	354	290	16.00	—	$5,664
Oct 1995	362	179	15.43	—	$5,586
Sep 1995	187	271	16.18	—	$3,026
Aug 1995	359	451	15.92	—	$5,715
Jul 1995	178	440	15.24	—	$2,713
Jun 1995	359	667	16.41	—	$5,891
May 1995	362	593	17.56	—	$6,357
Apr 1995	356	572	17.73	—	$6,312
Mar 1995	360	346	16.44	—	$5,918
Feb 1995	342	403	16.58	—	$5,670
Jan 1995	0	430	15.92	—	$0
Dec 1994	358	520	15.03	—	$5,381
Nov 1994	365	604	15.90	—	$5,804
Oct 1994	354	749	15.58	—	$5,515
Sep 1994	370	638	15.29	—	$5,657
Aug 1994	342	497	16.13	—	$5,516
Jul 1994	359	676	17.56	—	$6,304
Jun 1994	0	601	17.09	—	$0
May 1994	361	528	15.88	—	$5,733
Apr 1994	364	453	14.14	—	$5,147
Mar 1994	357	584	12.46	—	$4,448
Feb 1994	363	398	12.50	—	$4,538
Jan 1994	361	482	12.66	—	$4,570
Dec 1993	359	448	12.33	—	$4,426
Nov 1993	359	378	14.49	—	$5,202
Oct 1993	349	503	15.85	—	$5,532
Sep 1993	357	428	15.03	—	$5,366
Aug 1993	363	629	15.66	—	$5,685
Jul 1993	2	421	15.46	—	$31
Jun 1993	366	454	16.79	—	$6,145
May 1993	363	443	17.68	—	$6,418
Apr 1993	361	256	18.05	—	$6,516
Mar 1993	358	447	18.14	—	$6,494
Feb 1993	365	283	17.90	—	$6,534
Jan 1993	336	355	16.93	—	$5,688

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.

Jan 2016 — as filed, then multipliedworked

Oil                    3 bbl  × $ 27.35 =        $82
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                      $82

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. 08/O/29731 is the state's own key, not one this site invented.