COLE RANCH "40"

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 38170District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$3.1 M
May 2007 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
229
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 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.

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
OilDisposition35,482 bbl$2,742,144
Casinghead gasProduction69,279 Mcf$362,840
Total$3,104,984

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 31.7516, -101.6081. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.75157, -101.60805 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,625 ft
2 wells filed one
Completion to plug
13.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 8,500 and 8,750 ft, median 8,625 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2007 – Jun 2007
2 of 2 wells
Plug dates filed
Jan 2021
1 of 2 wells; 1 filed none

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1733328828,750 ftJun 2007
42-1733326918,500 ftApr 2007Jan 2021Yes

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 (229)

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

229 months

May 20261158106.413.05$588
Apr 2026011398.932.87$324
Mar 2026027089.753.15$850
Feb 202611117663.503.75$7,709
Jan 2026015059.138.00$1,200
Dec 2025014656.664.41$644
Nov 202506458.593.93$251
Oct 2025119959.383.30$717
Sep 2025020562.743.08$631
Aug 202517118763.933.01$11,496
Jul 2025017666.743.32$583
Jun 2025021566.483.13$673
May 2025021760.553.23$701
Apr 2025021162.363.54$748
Mar 202515711367.704.27$11,111
Feb 2025012470.884.34$538
Jan 2025012674.324.28$539
Dec 2024418368.993.12$847
Nov 2024116269.052.20$425
Oct 2024019071.372.28$433
Sep 20241309969.612.36$9,283
Aug 2024016075.632.06$330
Jul 2024214279.932.15$465
Jun 2024014178.082.63$371
May 2024015078.812.20$330
Apr 202415918884.451.66$13,739
Mar 2024014980.301.55$230
Feb 2024010976.091.78$194
Jan 2024015773.023.30$518
Dec 2023013871.262.61$360
Nov 202317011177.892.81$13,553
Oct 2023017185.443.09$528
Sep 2023021489.042.74$585
Aug 2023017480.522.67$465
Jul 202317018374.852.64$13,208
Jun 2023012068.962.26$271
May 2023020370.622.23$452
Apr 2023017278.122.24$385
Mar 2023018472.852.39$440
Feb 2023012075.112.47$296
Jan 20231689476.533.39$13,175
Dec 202202476.415.73$138
Nov 202203185.005.65$175
Oct 202203887.185.86$223
Sep 202209384.888.16$759
Aug 20221738094.529.13$17,082
Jul 2022081101.587.54$611
Jun 20220563115.097.98$4,491
May 2022180214109.378.43$21,491
Apr 20220180104.226.84$1,231
Mar 20220130108.885.08$660
Feb 2022025691.054.86$1,244
Jan 202208281.844.54$372
Dec 20211577471.323.90$11,486
Nov 202106477.435.24$335
Oct 202117610279.795.71$14,626
Sep 2021013669.865.35$728
Aug 2021012966.024.22$544
Jul 2021012470.783.98$494
Jun 202117520369.493.38$12,847
May 2021024063.483.02$724
Apr 2021024860.362.76$684
Mar 2021023961.302.72$649
Feb 20211797657.805.55$10,768
Jan 202101350.412.81$37
Dec 2020017244.642.68$460
Nov 2020019438.772.71$525
Oct 2020021336.972.48$528
Sep 2020022237.091.99$442
Aug 202016615939.982.39$7,016
Jul 2020023938.371.83$436
Jun 2020022734.901.69$384
May 2020024116.921.81$437
Apr 202018124914.751.80$3,119
Mar 2020016930.341.86$314
Feb 2020019649.881.98$388
Jan 2020027257.252.09$570
Dec 2019028259.012.30$650
Nov 201918926955.302.75$11,192
Oct 2019027353.472.42$660
Sep 2019027555.052.66$731
Aug 2019028253.112.30$650
Jul 201917626856.272.46$10,563
Jun 2019026652.782.49$663
May 2019026558.482.74$726
Apr 201917625962.632.75$11,735
Mar 2019024856.803.06$759
Feb 2019023150.852.79$645
Jan 201918024446.033.23$9,073
Dec 2018024146.594.19$1,009
Nov 2018025852.934.24$1,093
Oct 2018024261.443.40$822
Sep 201817123959.543.11$10,924
Aug 2018025559.403.07$782
Jul 201817724165.142.93$12,236
Jun 2018024760.183.08$760
May 2018023465.382.90$679
Apr 201817618363.842.90$11,767
Mar 2018023061.222.79$641
Feb 2018019761.782.77$545
Jan 201818221562.874.01$12,304
Dec 2017021757.272.92$634
Nov 2017021255.423.12$661
Oct 201717721549.292.98$9,366
Sep 2017022647.523.09$698
Aug 201717822745.373.00$8,758
Jul 2017021943.873.09$676
Jun 201717520642.493.09$8,072
May 2017019445.373.26$633
Apr 2017019647.933.21$629
Mar 201717321146.772.98$8,721
Feb 2017016350.452.95$481
Jan 2017016449.413.42$561
Dec 201617618848.763.72$9,282
Nov 2016019942.492.64$526
Oct 201617521846.193.09$8,757
Sep 201617918741.553.10$8,017
Aug 2016020141.442.92$588
Jul 201617813941.622.92$7,815
Jun 2016013045.352.69$349
May 201617814742.521.99$7,861
Apr 2016013136.561.99$261
Mar 2016014733.011.79$264
Feb 20161798726.472.06$4,918
Jan 2016011827.352.36$279
Dec 201535613532.362.00$11,790
Nov 201508938.792.17$193
Oct 20150943.552.43$22
Sep 201504742.992.76$130
Aug 201505440.162.87$155
Jul 201505048.152.95$147
Jun 201535016956.152.88$20,140
May 2015029355.212.96$866
Apr 201536922949.822.71$19,003
Mar 2015025642.892.93$751
Feb 201518411844.662.98$8,569
Jan 201509443.433.10$291
Dec 201418615554.693.59$10,729
Nov 201418512970.464.25$13,584
Oct 201417810978.303.90$14,363
Sep 2014011486.164.05$461
Aug 201418716189.394.04$17,366
Jul 201418516196.564.18$18,537
Jun 201418516498.164.74$18,936
May 2014015794.734.73$742
Apr 20141804695.944.81$17,490
Mar 2014352095.895.06$33,753
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013177091.824.35$16,252
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20135260104.253.52$54,836
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013178094.834.15$16,880
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013370091.233.42$33,755
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012356086.953.62$30,954
Oct 20120089.383.40$0
Sep 2012356094.672.92$33,703
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012368079.822.52$29,374
May 20120091.612.49$0
Apr 20123660101.652.00$37,204
Mar 201200105.052.22$0
Feb 20123780101.102.57$38,216
Jan 20120098.092.73$0
Dec 2011375096.873.24$36,326
Nov 2011187195.723.31$17,903
Oct 2011186184.983.65$15,810
Sep 2011343783.623.99$28,710
Aug 201118414683.404.15$15,951
Jul 2011216794.144.52$943
Jun 201134341492.904.64$33,786
May 201136744398.134.40$37,965
Apr 2011370393105.964.33$40,908
Mar 201117949796.364.06$19,265
Feb 201118740485.644.18$17,703
Jan 201154452986.504.59$49,483
Dec 201018057685.734.35$17,936
Nov 201018064280.843.80$16,988
Oct 201036378778.103.51$31,112
Sep 201017719772.633.98$13,639
Aug 201035229073.684.42$27,217
Jul 2010159072.554.74$2,867
Jun 201036058170.364.91$28,183
May 201018862371.124.24$16,009
Apr 201036145881.694.12$31,378
Mar 201036261378.394.39$31,067
Feb 201036554873.585.44$29,839
Jan 201018761674.365.96$17,579
Dec 200918062171.445.48$16,265
Nov 200936166874.593.75$29,433
Oct 200936164372.544.11$28,830
Sep 200916664965.543.06$12,869
Aug 200951167167.423.22$36,611
Jul 200918371661.133.46$13,667
Jun 200934472666.163.90$25,587
May 200954577554.743.93$32,876
Apr 200918564646.773.59$10,970
Mar 200937182042.144.06$18,962
Feb 200936867232.814.63$15,187
Jan 200938093935.865.37$18,670
Dec 200818548437.105.98$9,756
Nov 200854780555.496.86$35,876
Oct 200837378775.246.92$33,512
Sep 2008359373101.767.88$39,470
Aug 2008371898114.228.48$49,993
Jul 20085401,017131.0811.39$82,366
Jun 2008366837131.3313.03$58,975
May 20085371,123123.1711.57$79,140
Apr 20085351,053110.3110.45$70,025
Mar 20085391,215101.909.66$66,666
Feb 20085481,25592.538.77$61,714
Jan 20085511,36790.388.21$61,017
Dec 20077261,74788.337.30$76,884
Nov 20077183,04491.677.29$88,015
Oct 20071,2591,57882.856.92$115,231
Sep 20071,1082,20775.846.24$97,812
Aug 20072,1433,45869.066.39$170,085
Jul 20071,6301,93470.906.39$127,921
Jun 200735046662.007.55$25,218
May 20070058.747.85$0

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       158 Mcf  × $  3.05 =       $481

────────────────────────────────────────────────────
Month total                                     $588

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/38170 is the state's own key, not one this site invented.