UNIVERSITY

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 38994District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$7.2 M
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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
OilDisposition99,928 bbl$6,921,266
Casinghead gasProduction67,798 Mcf$245,770
Total$7,167,036

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 32.4125, -102.2877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.41249, -102.28769 · 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
12,280 ft
2 wells filed one
Completion to plug
11.3 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 10,850 and 13,710 ft, median 12,280 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2008 – Dec 2008
2 of 2 wells
Plug dates filed
Apr 2020
1 of 2 wells; 1 filed none

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-00340806210,850 ftDec 2008Apr 2020Yes
42-00340442113,710 ftAug 2008

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 (217)

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

217 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024126078.082.63$9,838
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20234078.122.24$312
Mar 20230072.852.39$0
Feb 2023151075.112.47$11,342
Jan 2023163076.533.39$12,474
Dec 2022191076.415.73$14,594
Nov 2022167085.005.65$14,195
Oct 20221922487.185.86$16,879
Sep 202219113384.888.16$17,298
Aug 202215313994.529.13$15,730
Jul 202219764101.587.54$20,494
Jun 202215399115.097.98$18,399
May 2022032109.378.43$270
Apr 20221640104.226.84$17,092
Mar 202200108.885.08$0
Feb 20220591.054.86$24
Jan 20221695881.844.54$14,094
Dec 20213247471.323.90$23,396
Nov 202108277.435.24$429
Oct 202106279.795.71$354
Sep 2021966269.865.35$7,038
Aug 202104466.024.22$186
Jul 202101470.783.98$56
Jun 202161369.493.38$461
May 2021169963.483.02$10,755
Apr 202102560.362.76$69
Mar 20211727061.302.72$10,734
Feb 20211696857.805.55$10,145
Jan 202117012050.412.81$8,907
Dec 20201896344.642.68$8,606
Nov 20201714038.772.71$6,738
Oct 20201596136.972.48$6,029
Sep 20201676237.091.99$6,317
Aug 20201656039.982.39$6,740
Jul 20203362638.371.83$12,940
Jun 20201683334.901.69$5,919
May 20201728016.921.81$3,055
Apr 20201628114.751.80$2,536
Mar 20201616630.341.86$5,007
Feb 202036112049.881.98$18,244
Jan 202005257.252.09$109
Dec 201916613859.012.30$10,114
Nov 201935015755.302.75$19,787
Oct 201917114253.472.42$9,487
Sep 201917310955.052.66$9,813
Aug 20193278353.112.30$17,558
Jul 201906456.272.46$157
Jun 20191864552.782.49$9,929
May 20193356158.482.74$19,758
Apr 20191785862.632.75$11,308
Mar 20191899656.803.06$11,029
Feb 20191878750.852.79$9,752
Jan 201955724146.033.23$26,417
Dec 201836120446.594.19$17,673
Nov 201869812252.934.24$37,462
Oct 201819418161.443.40$12,534
Sep 201835219959.543.11$21,577
Aug 2018011359.403.07$347
Jul 201838243765.142.93$26,165
Jun 201837557360.183.08$24,331
May 201853652565.382.90$36,567
Apr 201858646963.842.90$38,771
Mar 201854939561.222.79$34,711
Feb 201817012361.782.77$10,843
Jan 201875817062.874.01$48,337
Dec 201779421957.272.92$46,112
Nov 20171718455.423.12$9,739
Oct 20171858749.292.98$9,378
Sep 201755922047.523.09$27,243
Aug 201750665545.373.00$24,925
Jul 201753282043.873.09$25,870
Jun 20176791,27242.493.09$32,778
May 20177021,39045.373.26$36,386
Apr 201735573047.933.21$19,360
Mar 201735537346.772.98$17,716
Feb 201735765150.452.95$19,933
Jan 20175161,06449.413.42$29,133
Dec 20165041,22948.763.72$29,150
Nov 20163511,26942.492.64$18,270
Oct 20166641,37146.193.09$34,907
Sep 20164971,35641.553.10$24,855
Aug 20164821,43941.442.92$24,182
Jul 20164962,86141.622.92$29,010
Jun 20166401,55645.352.69$33,203
May 201649289942.521.99$22,710
Apr 20166661,03936.561.99$26,418
Mar 20168321,15233.011.79$29,531
Feb 2016507326.472.06$13,426
Jan 201667222027.352.36$18,899
Dec 20151,506032.362.00$48,734
Nov 201537442838.792.17$15,435
Oct 201566530443.552.43$29,698
Sep 2015056242.992.76$1,550
Aug 201552955240.162.87$22,830
Jul 2015369048.152.95$17,767
Jun 20151,10875356.152.88$64,385
May 2015069355.212.96$2,048
Apr 201590618549.822.71$45,638
Mar 201554523142.892.93$24,053
Feb 20151,03939244.662.98$47,568
Jan 2015032143.433.10$995
Dec 2014071454.693.59$2,564
Nov 20149957970.464.25$70,444
Oct 201487132478.303.90$69,463
Sep 201437628486.164.05$33,545
Aug 20143536589.394.04$31,817
Jul 20141,0467696.564.18$101,319
Jun 20140098.164.74$0
May 20143462094.734.73$32,871
Apr 20141,06963895.944.81$105,628
Mar 201434132995.895.06$34,362
Feb 201451864297.406.19$54,428
Jan 20141,05458490.404.86$98,120
Dec 201351670191.824.35$50,432
Nov 20131,19181488.853.74$108,863
Oct 2013053597.423.78$2,022
Sep 20131,186504104.113.72$125,348
Aug 20130601104.253.52$2,117
Jul 2013794344102.523.72$82,680
Jun 20137387994.403.93$69,978
May 20131,090094.834.15$103,365
Apr 2013362093.964.28$34,014
Mar 20131,777093.623.91$166,363
Feb 20130091.233.42$0
Jan 20131,055591.603.42$96,655
Dec 201233316186.773.42$29,445
Nov 2012687086.953.62$59,735
Oct 20121,089089.383.40$97,335
Sep 2012511094.672.92$48,376
Aug 20127536592.662.91$69,962
Jul 201254363685.133.02$48,147
Jun 20121,0681879.822.52$85,293
May 2012693091.612.49$63,486
Apr 20128700101.652.00$88,436
Mar 20125099105.052.22$53,490
Feb 2012014101.102.57$36
Jan 20121,57620898.092.73$155,159
Dec 201135820496.873.24$35,340
Nov 20110095.723.31$0
Oct 2011949084.983.65$80,646
Sep 20111,435083.623.99$119,995
Aug 20110083.404.15$0
Jul 2011739094.144.52$69,569
Jun 2011765092.904.64$71,069
May 2011951098.134.40$93,322
Apr 20115760105.964.33$61,033
Mar 20111,0354696.364.06$99,919
Feb 20111,02879585.644.18$91,361
Jan 201171085886.504.59$65,352
Dec 20107041,15585.734.35$65,376
Nov 20101,12681180.843.80$94,104
Oct 20107181,06678.103.51$59,816
Sep 20101,06198672.633.98$80,984
Aug 20106041,17773.684.42$49,704
Jul 201075192772.554.74$58,876
Jun 20101,0891,55470.364.91$84,253
May 20101,4031,38471.124.24$105,643
Apr 20101,6081,17081.694.12$136,181
Mar 20105481,38878.394.39$49,049
Feb 20107391,43773.585.44$62,196
Jan 20102,1281,67974.365.96$168,252
Dec 20095271,86071.445.48$47,849
Nov 20091,5761,54474.593.75$123,346
Oct 20092,13831272.544.11$156,373
Sep 20091,9512,25765.543.06$134,786
Aug 20091,0871,57167.423.22$78,342
Jul 20091,5541,36061.133.46$99,708
Jun 200969669566.163.90$48,754
May 2009904054.743.93$49,485
Apr 20091,064046.773.59$49,763
Mar 20092,433042.144.06$102,527
Feb 20091,048032.814.63$34,385
Jan 20091,800035.865.37$64,548
Dec 20081,272037.105.98$47,191
Nov 20081,256055.496.86$69,695
Oct 2008344075.246.92$25,883
Sep 20082,2700101.767.88$230,995
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$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.

Jun 2024 — as filed, then multipliedworked
Oil                  126 bbl  × $ 78.08 =     $9,838
Casinghead gas         0 Mcf  × $  2.63 =         $0

────────────────────────────────────────────────────
Month total                                   $9,838

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/38994 is the state's own key, not one this site invented.