LIBERTY-DYER "38"

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 38450District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.2 M
Oct 2007 – May 2026
Value, last 12 filed months
$212 k
at the published price for each month
Months reported
224
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
OilDisposition299,014 bbl$22,220,984
Casinghead gasProduction434,667 Mcf$1,999,449
Total$24,220,433

Wells on this lease (5)

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 32.4331, -101.8045. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.43421, -101.80256 · 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
11,122 ft
5 wells filed one
Completion to plug
15.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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 10,982 and 11,371 ft, median 11,122 ft, over the 5 wells that filed a depth.

Completions filed
Oct 2007 – Sep 2013
5 of 5 wells
Plug dates filed
Aug 2022 – Jul 2024
2 of 5 wells; 3 filed none

Last completion to plug: a median of 15.0 years across the 2 wells that filed both dates, with the middle half between 14.3 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-31738474510,982 ftSep 2013
42-31735276411,122 ftJan 2009Aug 2022Yes
42-31734996311,122 ftFeb 2008Jul 2024Yes
42-31734792211,371 ftOct 2007
42-31734773110,994 ftOct 2007

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 (224)

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

224 months

May 2026178597106.413.05$20,759
Apr 202636558398.932.87$37,783
Mar 202618667889.753.15$18,829
Feb 202636249263.503.75$24,832
Jan 202636174959.138.00$27,336
Dec 202518238156.664.41$11,994
Nov 202518532058.593.93$12,096
Oct 202535049459.383.30$22,416
Sep 2025419262.743.08$842
Aug 202517611763.933.01$11,604
Jul 202533416066.743.32$22,822
Jun 2025117566.483.13$614
May 202556059560.553.23$35,831
Apr 202535920662.363.54$23,117
Mar 202518162967.704.27$14,938
Feb 202554683770.884.34$42,334
Jan 202555084774.324.28$44,500
Dec 202435367568.993.12$26,460
Nov 202453762969.052.20$38,463
Oct 202454267271.372.28$40,216
Sep 202436643969.612.36$26,515
Aug 202437354075.632.06$29,324
Jul 202436965279.932.15$30,894
Jun 202464844478.082.63$51,765
May 202433725978.812.20$27,128
Apr 202451986084.451.66$45,256
Mar 202466284780.301.55$54,467
Feb 202451985376.091.78$41,012
Jan 20245231,12173.023.30$41,886
Dec 202368046571.262.61$49,671
Nov 202374939377.892.81$59,443
Oct 20236991,00685.443.09$62,828
Sep 202368688189.042.74$63,491
Aug 202367173980.522.67$56,004
Jul 202350098074.852.64$40,014
Jun 202317316168.962.26$12,294
May 202368776770.622.23$50,224
Apr 202351479578.122.24$41,933
Mar 20231,0061,59072.852.39$77,092
Feb 20231,2281,35875.112.47$95,583
Jan 20238361,17676.533.39$67,963
Dec 202270391376.415.73$58,947
Nov 20221,0231,09785.005.65$93,149
Oct 202267482987.185.86$63,620
Sep 20223354984.888.16$28,835
Aug 2022493194.529.13$46,607
Jul 20227010101.587.54$71,208
Jun 20228281,500115.097.98$107,260
May 20221,0192,445109.378.43$132,067
Apr 20223403,798104.226.84$61,404
Mar 2022343267108.885.08$38,701
Feb 202234220091.054.86$32,111
Jan 202252018381.844.54$43,387
Dec 2021182071.323.90$12,980
Nov 2021171077.435.24$13,241
Oct 202149432879.795.71$41,290
Sep 202149574769.865.35$38,578
Aug 20218291,52066.024.22$61,146
Jul 202150477870.783.98$38,771
Jun 202133531069.493.38$24,327
May 2021678063.483.02$43,039
Apr 2021343060.362.76$20,703
Mar 202183836461.302.72$52,358
Feb 2021169057.805.55$9,768
Jan 2021506050.412.81$25,507
Dec 20206823144.642.68$30,527
Nov 2020698838.772.71$27,083
Oct 20205211036.972.48$19,286
Sep 2020179037.091.99$6,639
Aug 2020347039.982.39$13,873
Jul 2020528738.371.83$20,272
Jun 2020171034.901.69$5,968
May 2020177016.921.81$2,995
Apr 2020185614.751.80$2,740
Mar 202036120630.341.86$11,335
Feb 202052736449.881.98$27,008
Jan 202053659057.252.09$31,922
Dec 201971335159.012.30$42,883
Nov 201969274655.302.75$40,320
Oct 201951447853.472.42$28,640
Sep 201953031755.052.66$30,019
Aug 201964974053.112.30$36,174
Jul 201968844656.272.46$39,811
Jun 201977439352.782.49$41,831
May 201948733358.482.74$29,392
Apr 201950417162.632.75$32,036
Mar 20198407056.803.06$47,926
Feb 20195117150.852.79$26,183
Jan 201964639246.033.23$31,001
Dec 201835232946.594.19$17,777
Nov 20181,02937952.934.24$56,071
Oct 201852436761.443.40$33,442
Sep 201866164759.543.11$41,367
Aug 201866644859.403.07$40,934
Jul 201865829465.142.93$43,724
Jun 2018728760.183.08$43,833
May 201886063465.382.90$58,066
Apr 20181,06045263.842.90$68,982
Mar 201872150061.222.79$45,533
Feb 20181,0701,66461.782.77$70,707
Jan 20187612,16462.874.01$56,520
Dec 20179222,16457.272.92$59,125
Nov 20178942,07655.423.12$56,019
Oct 20178622,07049.292.98$48,664
Sep 20178562,08747.523.09$47,120
Aug 20178582,17945.373.00$45,474
Jul 20178222,14443.873.09$42,680
Jun 20171,0242,07442.493.09$49,913
May 20178851,80045.373.26$46,027
Apr 20171,0031,79547.933.21$53,839
Mar 20178621,71346.772.98$45,427
Feb 20171,03297650.452.95$54,946
Jan 20171,04987349.413.42$54,816
Dec 20161,08259548.763.72$54,973
Nov 20161,05255742.492.64$46,172
Oct 20161,0501,18046.193.09$52,146
Sep 20165292,17541.553.10$28,724
Aug 20161,1961,87341.442.92$55,040
Jul 201688865041.622.92$38,859
Jun 201696460745.352.69$45,348
May 20161,16517042.521.99$49,874
Apr 20161,02438836.561.99$38,210
Mar 201681343133.011.79$27,610
Feb 20161,57648026.472.06$42,707
Jan 20161,07160027.352.36$30,710
Dec 20151,31740132.362.00$43,421
Nov 20151,31961638.792.17$52,499
Oct 20151,34561443.552.43$60,065
Sep 20151,2671,60142.992.76$58,885
Aug 20159691,18840.162.87$42,328
Jul 20151,5851,11948.152.95$79,613
Jun 20151,08783356.152.88$63,436
May 20151,6041,66855.212.96$93,487
Apr 20151,2461,07649.822.71$64,988
Mar 20151,7053,12642.892.93$82,301
Feb 20151,5523,31144.662.98$79,166
Jan 20157992,33443.433.10$41,937
Dec 20141,4893,50954.693.59$94,035
Nov 20141,5271,71670.464.25$114,889
Oct 20141,73822178.303.90$136,948
Sep 20141,528086.164.05$131,652
Aug 20141,654089.394.04$147,851
Jul 20141,70591396.564.18$168,451
Jun 20141,2021,32198.164.74$124,246
May 20141,5212,01294.734.73$153,594
Apr 20141,7461,59095.944.81$175,158
Mar 20141,6893,09395.895.06$177,599
Feb 20141,846097.406.19$179,800
Jan 20142,42238690.404.86$220,825
Dec 20132,51174591.824.35$233,804
Nov 20133,891088.853.74$345,715
Oct 20132,782097.423.78$271,022
Sep 20131,4073,158104.113.72$158,223
Aug 20136883,008104.253.52$82,320
Jul 20131,5240102.523.72$156,240
Jun 201388050394.403.93$85,051
May 20131,3522,08594.834.15$136,861
Apr 20131,3642,26693.964.28$137,866
Mar 20131,3721,61693.623.91$134,770
Feb 20131,6091,59191.233.42$152,230
Jan 20131,6001,03591.603.42$150,100
Dec 201235814986.773.42$31,573
Nov 20121,52567186.953.62$135,031
Oct 20128891,34989.383.40$84,045
Sep 20121,2311,60794.672.92$121,229
Aug 20121,7793,60592.662.91$175,326
Jul 20121,9093,03685.133.02$171,684
Jun 20121,3152,10679.822.52$110,268
May 20121,2131,27591.612.49$114,296
Apr 20121,4122,443101.652.00$148,408
Mar 20121,2361,976105.052.22$134,233
Feb 20127122,285101.102.57$77,856
Jan 20121,6012,65798.092.73$164,307
Dec 20119292,03196.873.24$96,572
Nov 20111,5852,70695.723.31$160,677
Oct 20111,5963,34984.983.65$147,847
Sep 20111,5925,08083.623.99$153,371
Aug 20112,5984,50383.404.15$235,358
Jul 20112,4565,95194.144.52$258,090
Jun 20111,2297,71692.904.64$149,975
May 20111,8872,64898.134.40$196,835
Apr 20111,4232,153105.964.33$160,111
Mar 20111,8332,56296.364.06$187,023
Feb 20111,5742,76485.644.18$146,351
Jan 20111,6362,57886.504.59$153,344
Dec 20101,7643,64385.734.35$167,067
Nov 20101,7862,16880.843.80$152,609
Oct 20101,5513,54678.103.51$133,576
Sep 20101,7483,01972.633.98$138,971
Aug 20102,2424,05173.684.42$183,093
Jul 20102,8833,77172.554.74$227,023
Jun 20103,5043,58770.364.91$264,155
May 20103,8742,90071.124.24$287,801
Apr 20102,4722,05481.694.12$210,406
Mar 20101,9622,16978.394.39$163,320
Feb 20101,6322,52373.585.44$133,814
Jan 20102,0482,24674.365.96$165,685
Dec 20091,9191,22971.445.48$143,833
Nov 20093,0867,55774.593.75$258,535
Oct 20094,85820,93672.544.11$438,452
Sep 20095,83620,36965.543.06$444,917
Aug 20097,62721,77367.423.22$584,289
Jul 200913,54521,53361.133.46$902,607
Jun 20093,7835,44166.163.90$271,476
May 20095,7797,59054.743.93$346,139
Apr 20094,7894,69746.773.59$240,832
Mar 20092,1173,24242.144.06$102,370
Feb 20092,1361,92932.814.63$79,019
Jan 20092,1573,51435.865.37$96,224
Dec 20082,4884,25037.105.98$117,708
Nov 20082,2874,57755.496.86$158,306
Oct 20082,3836,40375.246.92$223,618
Sep 20083,2474,931101.767.88$369,257
Aug 20083,1775,803114.228.48$412,104
Jul 20082,9344,362131.0811.39$434,269
Jun 20081,2082,641131.3313.03$193,066
May 20083,2606,941123.1711.57$481,871
Apr 20083,5696,707110.3110.45$463,817
Mar 20084,1277,922101.909.66$497,100
Feb 20083,3454,03092.538.77$344,858
Jan 20082,8163,31890.388.21$281,737
Dec 20075,4687,79788.337.30$539,922
Nov 20074,2966,68891.677.29$442,581
Oct 20070082.856.92$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                  178 bbl  × $106.41 =    $18,941
Casinghead gas       597 Mcf  × $  3.05 =     $1,818

────────────────────────────────────────────────────
Month total                                  $20,759

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/38450 is the state's own key, not one this site invented.