PHILLIPS UNIT

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

Oil lease lease 38029District 08Field 49945800OilCasinghead gasSaveExport
Value, all time
$6.4 M
Aug 2006 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
238
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1977-03-07
as the register files it
Field class
Oil
the register's own label
Between wells
660 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 2007-04-24.

The Commission's schedule remark for this field reads: NO BETWEEN SPACING FOR A HORIZONTAL WELL AND A VERTICAL WELL

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
OilDisposition89,117 bbl$6,105,879
Casinghead gasProduction46,376 Mcf$268,149
Total$6,374,029

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 32.4550, -101.6942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45498, -101.69423 · 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
10,120 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 10,120 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-31734043110,120 ftAug 2006

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 (238)

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

238 months

May 202610106.413.05$106
Apr 2026171098.932.87$16,917
Mar 20261089.753.15$90
Feb 2026180063.503.75$11,430
Jan 20261059.138.00$59
Dec 20251056.664.41$57
Nov 2025183058.593.93$10,722
Oct 2025184059.383.30$10,926
Sep 20251062.743.08$63
Aug 2025180063.933.01$11,507
Jul 2025188066.743.32$12,547
Jun 20251066.483.13$66
May 2025179060.553.23$10,838
Apr 2025184062.363.54$11,474
Mar 20250067.704.27$0
Feb 2025170070.884.34$12,050
Jan 2025188074.324.28$13,972
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024184071.372.28$13,132
Sep 2024183069.612.36$12,739
Aug 2024370075.632.06$27,983
Jul 20240079.932.15$0
Jun 20243078.082.63$234
May 2024183078.812.20$14,422
Apr 2024165084.451.66$13,934
Mar 20241901580.301.55$15,280
Feb 202416414576.091.78$12,737
Jan 2024015173.023.30$498
Dec 20231928971.262.61$13,914
Nov 202336644877.892.81$29,766
Oct 20231857085.443.09$16,023
Sep 2023346089.042.74$30,808
Aug 20230080.522.67$0
Jul 2023147074.852.64$11,003
Jun 20230068.962.26$0
May 2023184070.622.23$12,994
Apr 2023186078.122.24$14,530
Mar 2023181072.852.39$13,186
Feb 2023320075.112.47$24,035
Jan 20230076.533.39$0
Dec 2022178076.415.73$13,601
Nov 2022181085.005.65$15,385
Oct 2022170087.185.86$14,821
Sep 2022187084.888.16$15,873
Aug 2022186094.529.13$17,581
Jul 20223570101.587.54$36,264
Jun 20221650115.097.98$18,990
May 20223590109.378.43$39,264
Apr 20223810104.226.84$39,708
Mar 20223730108.885.08$40,612
Feb 2022200091.054.86$18,210
Jan 2022390081.844.54$31,918
Dec 2021589071.323.90$42,007
Nov 2021504077.435.24$39,025
Oct 2021672079.795.71$53,619
Sep 2021654069.865.35$45,688
Aug 20210066.024.22$0
Jul 2021152070.783.98$10,759
Jun 20210069.493.38$0
May 2021329063.483.02$20,885
Apr 2021335060.362.76$20,221
Mar 2021500061.302.72$30,650
Feb 20213352557.805.55$19,502
Jan 2021507050.412.81$25,558
Dec 2020334044.642.68$14,910
Nov 20204982438.772.71$19,372
Oct 2020692036.972.48$25,583
Sep 20205657537.091.99$21,105
Aug 20205396339.982.39$21,699
Jul 2020715038.371.83$27,435
Jun 2020518034.901.69$18,078
May 2020926016.921.81$15,668
Apr 2020928014.751.80$13,688
Mar 2020942030.341.86$28,580
Feb 20208871649.881.98$44,275
Jan 2020398057.252.09$22,786
Dec 20190059.012.30$0
Nov 2019199055.302.75$11,005
Oct 2019548053.472.42$29,302
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019364052.782.49$19,212
May 2019349058.482.74$20,410
Apr 2019394062.632.75$24,676
Mar 2019550056.803.06$31,240
Feb 2019391050.852.79$19,882
Jan 2019180046.033.23$8,285
Dec 201801346.594.19$54
Nov 20185351352.934.24$28,373
Oct 201871110061.443.40$44,024
Sep 2018844059.543.11$50,252
Aug 20188297459.403.07$49,470
Jul 2018545065.142.93$35,501
Jun 2018555060.183.08$33,400
May 20180065.382.90$0
Apr 2018192063.842.90$12,257
Mar 20181981561.222.79$12,163
Feb 20180061.782.77$0
Jan 20181811762.874.01$11,448
Dec 20171892957.272.92$10,909
Nov 201701755.423.12$53
Oct 20171715149.292.98$8,581
Sep 201705947.523.09$182
Aug 20171724745.373.00$7,945
Jul 20171754243.873.09$7,807
Jun 20171957842.493.09$8,526
May 20173068845.373.26$14,170
Apr 20170047.933.21$0
Mar 20171673546.772.98$7,915
Feb 201716611750.452.95$8,720
Jan 2017016649.413.42$568
Dec 201617318248.763.72$9,113
Nov 201608242.492.64$217
Oct 201604046.193.09$124
Sep 2016011441.553.10$353
Aug 201618515241.442.92$8,111
Jul 2016016341.622.92$477
Jun 201635014745.352.69$16,267
May 2016015042.521.99$299
Apr 201617613436.561.99$6,701
Mar 2016014933.011.79$267
Feb 201617113226.472.06$4,799
Jan 201619012627.352.36$5,494
Dec 2015011732.362.00$234
Nov 201535013538.792.17$13,869
Oct 2015011043.552.43$267
Sep 2015012842.992.76$353
Aug 201533515840.162.87$13,907
Jul 2015017848.152.95$524
Jun 201523217556.152.88$13,531
May 2015014155.212.96$417
Apr 201532914049.822.71$16,770
Mar 201516411242.892.93$7,363
Feb 201515410244.662.98$7,181
Jan 2015015743.433.10$487
Dec 2014018654.693.59$668
Nov 201417516970.464.25$13,049
Oct 201433318978.303.90$26,811
Sep 201401,55686.164.05$6,295
Aug 2014015789.394.04$634
Jul 201452819196.564.18$51,782
Jun 2014017798.164.74$838
May 201433817894.734.73$32,860
Apr 2014018195.944.81$870
Mar 2014018595.895.06$936
Feb 201436016397.406.19$36,073
Jan 2014018290.404.86$885
Dec 2013014791.824.35$640
Nov 201318210988.853.74$16,578
Oct 201317816597.423.78$17,964
Sep 20130171104.113.72$636
Aug 2013180197104.253.52$19,459
Jul 2013180163102.523.72$19,060
Jun 2013016594.403.93$649
May 201334722094.834.15$33,819
Apr 2013019393.964.28$827
Mar 201318014293.623.91$17,407
Feb 201317810191.233.42$16,584
Jan 201318091.603.42$365
Dec 201215611586.773.42$13,929
Nov 201218112686.953.62$16,195
Oct 20121738289.383.40$15,742
Sep 20121829694.672.92$17,510
Aug 20121796092.662.91$16,761
Jul 20121751685.133.02$14,946
Jun 20121665079.822.52$13,376
May 201218013991.612.49$16,836
Apr 2012512123101.652.00$52,290
Mar 2012181152105.052.22$19,352
Feb 2012178120101.102.57$18,304
Jan 201217817798.092.73$17,944
Dec 201153119696.873.24$52,073
Nov 201136121295.723.31$35,257
Oct 201136623584.983.65$31,960
Sep 201117618883.623.99$15,466
Aug 201136811383.404.15$31,160
Jul 20113557394.144.52$33,749
Jun 2011544192.904.64$50,542
May 20115389198.134.40$53,195
Apr 201135613105.964.33$37,778
Mar 20117222896.364.06$69,686
Feb 201103685.644.18$150
Jan 20113643686.504.59$31,651
Dec 201035919585.734.35$31,625
Nov 201018622580.843.80$15,890
Oct 201052725778.103.51$42,060
Sep 201018628672.633.98$14,647
Aug 201071029873.684.42$53,630
Jul 201018530772.554.74$14,876
Jun 201054829870.364.91$40,021
May 201035822071.124.24$26,393
Apr 20105379781.694.12$44,267
Mar 201036011678.394.39$28,729
Feb 201055824973.585.44$42,413
Jan 201066331374.365.96$51,167
Dec 200935733871.445.48$27,358
Nov 200953934374.593.75$41,491
Oct 200953231672.544.11$39,890
Sep 200952825565.543.06$35,387
Aug 20091,05135167.423.22$71,988
Jul 200967028661.133.46$41,948
Jun 200971243366.163.90$48,792
May 200953145454.743.93$30,849
Apr 200953546746.773.59$26,697
Mar 200988953042.144.06$39,614
Feb 200988434932.814.63$30,621
Jan 200936848935.865.37$15,823
Dec 200871053037.105.98$29,509
Nov 200892650155.496.86$54,821
Oct 200890638675.246.92$70,839
Sep 2008718345101.767.88$75,781
Aug 2008722618114.228.48$87,709
Jul 2008735597131.0811.39$103,143
Jun 2008735584131.3313.03$104,139
May 2008716588123.1711.57$94,995
Apr 2008896598110.3110.45$105,090
Mar 2008542601101.909.66$61,038
Feb 200872752492.538.77$71,865
Jan 20081,08160590.388.21$102,665
Dec 200772863588.337.30$68,941
Nov 200789876691.677.29$87,905
Oct 200754284382.856.92$50,740
Sep 20071,26781475.846.24$101,172
Aug 200772085069.066.39$55,153
Jul 20071,26281670.906.39$94,688
Jun 200771183462.007.55$50,377
May 20071,07284158.747.85$69,568
Apr 20071,41591059.617.81$91,451
Mar 20071,07496856.927.30$68,200
Feb 20071,08580355.108.22$66,381
Jan 20071,82596250.306.73$98,269
Dec 20062,0331,45756.656.92$125,250
Nov 20061,4471,08454.207.62$86,685
Oct 20061,2811,17654.906.01$77,399
Sep 20062,9212,99960.085.04$190,600
Aug 20063,4442,51868.717.34$255,119

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 bbl  × $106.41 =       $106
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $106

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/38029 is the state's own key, not one this site invented.