OTIS

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

Oil lease lease 38853District 08Field 79820800OilCasinghead gasSaveExport
Value, all time
$42.5 M
Mar 2008 – May 2026
Value, last 12 filed months
$573 k
at the published price for each month
Months reported
219
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 125 leases and 849 wells, and the rule below applies to all of them.

Discovered
2004-12-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
500 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-11-20.

The Commission's schedule remark for this field reads: FIELDS

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
OilDisposition492,275 bbl$38,185,221
Casinghead gasProduction1,221,333 Mcf$4,336,659
Total$42,521,880

Wells on this lease (7)

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 31.8035, -102.3639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.80437, -102.36358 · 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
28.6%
2 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
10,255 ft
7 wells filed one
Completion to plug
8.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
228.6%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
571.4%

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 10,160 and 10,384 ft, median 10,255 ft, over the 7 wells that filed a depth.

Completions filed
Mar 2008 – Sep 2023
7 of 7 wells
Plug dates filed
Aug 2023 – Feb 2025
2 of 7 wells; 5 filed none

Last completion to plug: a median of 8.4 years across the 2 wells that filed both dates, with the middle half between 4.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-13540707110,230 ftSep 2023Feb 2025Yes
42-13542229310,160 ftJun 2013
42-13540819610,287 ftJan 2013
42-13541924710,175 ftDec 2012
42-13540830810,255 ftOct 2012
42-13539788510,260 ftMay 2009
42-13539422210,384 ftMar 2008Aug 2023Yes

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 (219)

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

219 months

May 20266352,107106.413.05$73,988
Apr 20268852,03698.932.87$93,396
Mar 20267172,08689.753.15$70,920
Feb 20265062,04563.503.75$39,800
Jan 20267212,44259.138.00$62,164
Dec 20256242,43756.664.41$46,111
Nov 20251,3343,59158.593.93$92,259
Oct 202518985859.383.30$14,058
Sep 20251361,12962.743.08$12,006
Aug 20250063.933.01$0
Jul 20255061,76266.743.32$39,612
Jun 20253731,25666.483.13$28,727
May 202511927260.553.23$8,085
Apr 20254831,63962.363.54$35,927
Mar 20256122,30867.704.27$51,284
Feb 20256572,00670.884.34$55,276
Jan 20257872,63174.324.28$69,747
Dec 202401,04768.993.12$3,268
Nov 20246551,47969.052.20$48,479
Oct 20246192,47471.372.28$49,822
Sep 20242881,38569.612.36$23,322
Aug 20244432,36275.632.06$38,378
Jul 20245312,53179.932.15$47,876
Jun 20245552,56378.082.63$50,085
May 20247402,66978.812.20$64,187
Apr 20248392,69484.451.66$75,323
Mar 20249622,95880.301.55$81,819
Feb 20247712,00376.091.78$62,238
Jan 20245642,32073.023.30$48,834
Dec 20237231,55071.262.61$55,568
Nov 20236361,37477.892.81$53,396
Oct 20236952,09285.443.09$65,839
Sep 20234822,03789.042.74$48,489
Aug 20235711,71880.522.67$50,569
Jul 20231121,50274.852.64$12,351
Jun 20233381,61268.962.26$26,949
May 20235642,77770.622.23$46,015
Apr 20235883,05178.122.24$52,762
Mar 20238113,48372.852.39$67,417
Feb 20236862,93575.112.47$58,762
Jan 20238223,41876.533.39$74,487
Dec 20228413,43776.415.73$83,952
Nov 20228623,00085.005.65$90,209
Oct 20225032,78887.185.86$60,200
Sep 20229213,28184.888.16$104,960
Aug 20228544,16294.529.13$118,707
Jul 20221,5064,353101.587.54$185,810
Jun 20228304,011115.097.98$127,521
May 20221,0094,671109.378.43$149,745
Apr 20221,2224,563104.226.84$158,557
Mar 20221,1484,726108.885.08$148,985
Feb 20221,0185,03591.054.86$117,153
Jan 20229933,48181.844.54$97,063
Dec 20211,1645,03071.323.90$102,629
Nov 20211,0495,47177.435.24$109,875
Oct 20211,3106,41479.795.71$141,174
Sep 20211,0805,30069.865.35$103,809
Aug 20211,7737,37166.024.22$148,163
Jul 20215772,36570.783.98$50,258
Jun 20217496,36469.493.38$73,562
May 20218473,02863.483.02$62,905
Apr 20211,1396,71660.362.76$87,276
Mar 20211,1935,66461.302.72$88,520
Feb 20218082,66457.805.55$61,482
Jan 20211,3315,93150.412.81$83,763
Dec 20201,2166,35444.642.68$71,282
Nov 20201,3205,95038.772.71$67,280
Oct 20201,4376,14136.972.48$68,346
Sep 20201,0796,63537.091.99$53,231
Aug 20201,3857,80339.982.39$73,983
Jul 20201,3718,15738.371.83$67,493
Jun 20201,1924,46134.901.69$49,141
May 202003,12716.921.81$5,675
Apr 20201,6227,41214.751.80$37,299
Mar 20201,5676,86030.341.86$60,277
Feb 20201,3515,85049.881.98$78,975
Jan 20201,3535,44057.252.09$88,855
Dec 20191,5225,65959.012.30$102,854
Nov 20191,4095,51855.302.75$93,096
Oct 20191,1346,06853.472.42$75,311
Sep 20197392,80855.052.66$48,144
Aug 20191,0985,83353.112.30$71,756
Jul 20193,4926,21456.272.46$211,782
Jun 20191,4256,00652.782.49$90,174
May 20191,2904,76758.482.74$88,502
Apr 20191,3465,77062.632.75$100,172
Mar 20191,2755,55256.803.06$89,421
Feb 20191,1965,55850.852.79$76,336
Jan 20191,6696,18446.033.23$96,787
Dec 2018576,40746.594.19$29,472
Nov 20181,4975,84852.934.24$104,016
Oct 20181,8607,01161.443.40$138,102
Sep 20181,5736,27659.543.11$113,162
Aug 20181,7946,81159.403.07$127,450
Jul 20181,8663,39465.142.93$131,502
Jun 20181,4003,53560.183.08$95,129
May 20181,2986,08265.382.90$102,506
Apr 20181,3546,26863.842.90$104,622
Mar 20181,5668,00161.222.79$118,168
Feb 20181,6377,48061.782.77$121,824
Jan 20181,8547,08962.874.01$144,983
Dec 20171,8197,11757.272.92$124,967
Nov 20171,6325,87855.423.12$108,775
Oct 20171,8115,92649.292.98$106,945
Sep 20171,5146,54247.523.09$92,142
Aug 20171,9127,43345.373.00$109,079
Jul 20171,9516,94743.873.09$107,038
Jun 20171,5416,13342.493.09$84,411
May 20171,1416,59945.373.26$73,302
Apr 20171,6827,45447.933.21$104,558
Mar 20172,2068,37446.772.98$128,160
Feb 20172,2867,50150.452.95$137,476
Jan 20172,2868,21349.413.42$141,030
Dec 20161,7889,02548.763.72$120,781
Nov 20162,1698,02642.492.64$113,384
Oct 20161,8888,16146.193.09$112,426
Sep 20161,7329,01941.553.10$99,929
Aug 20162,2009,01941.442.92$117,543
Jul 20162,1988,77541.622.92$117,142
Jun 20162,3718,77245.352.69$131,085
May 20162,7189,46242.521.99$134,409
Apr 20161,6686,51936.561.99$73,962
Mar 20161,9908,62633.011.79$81,165
Feb 20162,7238,97926.472.06$90,607
Jan 20162,4718,94727.352.36$88,736
Dec 20152,5909,14932.362.00$102,123
Nov 20152,9479,50538.792.17$134,915
Oct 20151,8606,20343.552.43$96,055
Sep 20152,8629,07442.992.76$148,067
Aug 20152,6089,07640.162.87$130,808
Jul 20152,9289,80648.152.95$169,863
Jun 20152,7519,42156.152.88$181,628
May 20153,3178,92255.212.96$209,500
Apr 20152,8639,76049.822.71$169,051
Mar 20153,0569,23042.892.93$158,159
Feb 20152,8198,93444.662.98$152,486
Jan 20154,11511,00243.433.10$212,828
Dec 20143,60411,45254.693.59$238,231
Nov 20143,47428470.464.25$245,986
Oct 20144,20226978.303.90$330,066
Sep 20144,42812,93086.164.05$433,824
Aug 20144,62713,66389.394.04$468,739
Jul 20145,31913,31496.564.18$569,250
Jun 20145,03110,89898.164.74$545,465
May 20144,9219,70694.734.73$512,042
Apr 20144,3728,80395.944.81$461,784
Mar 20146,57012,84795.895.06$694,962
Feb 20145,77414,69197.406.19$653,354
Jan 20145,75816,20690.404.86$599,296
Dec 20137,00216,27791.824.35$713,802
Nov 20137,88518,03388.853.74$767,995
Oct 201310,32121,96997.423.78$1,088,501
Sep 20139,28220,920104.113.72$1,044,124
Aug 201314,36626,961104.253.52$1,592,629
Jul 201313,59927,307102.523.72$1,495,690
Jun 20139,83719,59394.403.93$1,005,680
May 201314,23123,44194.834.15$1,446,784
Apr 201312,14316,30793.964.28$1,210,792
Mar 201310,16314,02893.623.91$1,006,350
Feb 20136,44511,22591.233.42$626,366
Jan 20135,73710,38791.603.42$561,032
Dec 20124,5617,50186.773.42$421,413
Nov 20123,0637,91986.953.62$295,034
Oct 20122,9077,18789.383.40$284,261
Sep 20124,2127,04794.672.92$419,316
Aug 20126,3899,80892.662.91$620,528
Jul 20128,79312,51885.133.02$786,362
Jun 20124,2564,02079.822.52$349,840
May 20123,7873,19791.612.49$354,882
Apr 20121,753708101.652.00$179,606
Mar 20122,6583,537105.052.22$287,082
Feb 20123,9564,853101.102.57$412,425
Jan 20121,2912,52698.092.73$133,540
Dec 20118851,71096.873.24$91,270
Nov 20111,0921,53595.723.31$109,609
Oct 20119481,43184.983.65$85,782
Sep 20116221,56283.623.99$58,237
Aug 20118131,37983.404.15$73,526
Jul 20111,5391,38994.144.52$151,156
Jun 20113,5313,70792.904.64$345,230
May 20113,4475,02998.134.40$360,406
Apr 20111,1031,179105.964.33$121,983
Mar 20112,4562,90796.364.06$248,455
Feb 20111,4193,01085.644.18$134,105
Jan 20119771,51086.504.59$91,440
Dec 20108731,99985.734.35$83,533
Nov 20101,5093,92780.843.80$136,892
Oct 20101,7264,08478.103.51$149,131
Sep 20102,1984,82672.633.98$178,846
Aug 20101,6331,39373.684.42$126,476
Jul 20102,6511,22372.554.74$198,123
Jun 20101,0041,45770.364.91$77,796
May 20101,3331,11371.124.24$99,517
Apr 20102,1621,80981.694.12$184,072
Mar 20101,6611,24878.394.39$135,683
Feb 20102,1501,73173.585.44$167,618
Jan 20101,9961,73574.365.96$158,770
Dec 20091,0161,23571.445.48$79,355
Nov 20091,2851,21074.593.75$100,387
Oct 20091,3241,93372.544.11$103,988
Sep 20091,6642,04165.543.06$115,314
Aug 20091,8512,35067.423.22$132,358
Jul 20092,1402,68061.133.46$140,103
Jun 20092,4773,39466.163.90$177,098
May 20093,3694,08854.743.93$200,468
Apr 20092,3701,60946.773.59$116,617
Mar 20098531,34042.144.06$41,384
Feb 20091,3741,46432.814.63$51,864
Jan 20092,4031,93235.865.37$96,548
Dec 20081,3961,79137.105.98$62,497
Nov 20082,7614,55655.496.86$184,464
Oct 20081,7261,42575.246.92$139,728
Sep 20082,0721,336101.767.88$221,371
Aug 20083,1622,005114.228.48$378,172
Jul 20084,3382,064131.0811.39$592,133
Jun 20083,4901,332131.3313.03$475,701
May 20081,4230123.1711.57$175,271
Apr 20082,6730110.3110.45$294,859
Mar 200800101.909.66$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                  635 bbl  × $106.41 =    $67,570
Casinghead gas     2,107 Mcf  × $  3.05 =     $6,418

────────────────────────────────────────────────────
Month total                                  $73,988

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/38853 is the state's own key, not one this site invented.