PHILLIPS 3

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 39863District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$16.1 M
Feb 2010 – May 2026
Value, last 12 filed months
$230 k
at the published price for each month
Months reported
196
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
OilDisposition136,621 bbl$11,078,877
Casinghead gasProduction1,473,216 Mcf$5,032,978
Total$16,111,855

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 32.4246, -101.6964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.42457, -101.69643 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,650 ft
2 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.
2100.0%

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 10,640 and 10,659 ft, median 10,650 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2010 – Nov 2018
2 of 2 wells

2 wells

42-31735957210,659 ftNov 2018
42-31735713110,640 ftMar 2010

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 (196)

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

196 months

May 202631,164106.413.05$3,865
Apr 20261861,10798.932.87$21,578
Mar 20261881,72789.753.15$22,312
Feb 202611,44363.503.75$5,475
Jan 20261861,98059.138.00$26,834
Dec 20251912,76156.664.41$23,007
Nov 20251832,47758.593.93$20,448
Oct 20251852,64859.383.30$19,737
Sep 20251782,92862.743.08$20,177
Aug 202503,39763.933.01$10,241
Jul 20251781,99666.743.32$18,497
Jun 20253714,18966.483.13$37,770
May 20251813,15760.553.23$21,164
Apr 20251743,55262.363.54$23,436
Mar 20251824,22967.704.27$30,372
Feb 20251703,82770.884.34$28,662
Jan 202503,97974.324.28$17,025
Dec 20241735,22468.993.12$28,241
Nov 20243665,95869.052.20$38,371
Oct 20241864,95171.372.28$24,570
Sep 20241764,94069.612.36$23,931
Aug 20243516,01875.632.06$38,965
Jul 20241865,02179.932.15$25,645
Jun 20243444,96278.082.63$39,929
May 20241623,28178.812.20$19,980
Apr 20241623,38784.451.66$19,301
Mar 20241753,59380.301.55$19,604
Feb 20245305,05476.091.78$49,342
Jan 20241652,96973.023.30$21,839
Dec 202303,28471.262.61$8,574
Nov 20231843,64277.892.81$24,557
Oct 20231685,80385.443.09$32,269
Sep 20235166,38089.042.74$63,394
Aug 20233326,05080.522.67$42,904
Jul 20231663,56674.852.64$21,846
Jun 20233462,96468.962.26$30,554
May 202303,14370.622.23$7,001
Apr 20231793,05078.122.24$20,809
Mar 202321,51972.852.39$3,781
Feb 20233391,69075.112.47$29,629
Jan 20233473,96076.533.39$39,971
Dec 20225004,13276.415.73$61,878
Nov 20225143,17685.005.65$61,622
Oct 20228581,21187.185.86$81,901
Sep 20226862,62784.888.16$79,674
Aug 202218498594.529.13$26,382
Jul 20223251,346101.587.54$43,165
Jun 20226572,214115.097.98$93,276
May 20224978109.378.43$54,424
Apr 20223460104.226.84$36,060
Mar 20221660108.885.08$18,074
Feb 20221,0741,44891.054.86$104,823
Jan 202219147981.844.54$17,805
Dec 2021172071.323.90$12,267
Nov 2021345077.435.24$26,713
Oct 20216661,12579.795.71$59,568
Sep 202101,68869.865.35$9,032
Aug 202101,54566.024.22$6,521
Jul 202116966670.783.98$14,614
Jun 202124469.493.38$288
May 20210063.483.02$0
Apr 2021337060.362.76$20,341
Mar 2021348061.302.72$21,332
Feb 20213411,15057.805.55$26,090
Jan 20211,0411,88750.412.81$57,780
Dec 20205341,08944.642.68$26,751
Nov 2020011038.772.71$298
Oct 20201759336.972.48$6,700
Sep 202017627937.091.99$7,083
Aug 202017420539.982.39$7,445
Jul 202017518738.371.83$7,056
Jun 202017222534.901.69$6,383
May 202019329916.921.81$3,808
Apr 202052359114.751.80$8,781
Mar 2020033930.341.86$629
Feb 202009649.881.98$190
Jan 202017630657.252.09$10,717
Dec 201936339159.012.30$22,322
Nov 201917637055.302.75$10,751
Oct 2019024853.472.42$600
Sep 2019025755.052.66$683
Aug 2019022853.112.30$525
Jul 2019032756.272.46$804
Jun 2019043052.782.49$1,071
May 2019033458.482.74$915
Apr 2019036862.632.75$1,012
Mar 201917989056.803.06$12,892
Feb 20193701,05350.852.79$21,755
Jan 201920981246.033.23$12,242
Dec 201838187146.594.19$21,396
Nov 20183551,16352.934.24$23,718
Oct 20183571,74861.443.40$27,874
Sep 201838398159.543.11$25,853
Aug 201818217659.403.07$11,351
Jul 201801865.142.93$53
Jun 20181727960.183.08$10,594
May 20181581,94365.382.90$15,966
Apr 201805,14563.842.90$14,925
Mar 20183636,07361.222.79$39,147
Feb 20185375,70661.782.77$48,959
Jan 20181847,24062.874.01$40,596
Dec 20179187,45657.272.92$74,357
Nov 20171877,59355.423.12$34,041
Oct 20173425,96149.292.98$34,643
Sep 20173386,38347.523.09$35,768
Aug 20173526,21345.373.00$34,637
Jul 20173505,90943.873.09$33,597
Jun 20173696,80842.493.09$36,697
May 20175597,44745.373.26$49,664
Apr 20171917,62847.933.21$33,653
Mar 20176937,72646.772.98$55,464
Feb 20175246,78650.452.95$46,472
Jan 20171,0417,93049.413.42$78,547
Dec 20161756,78148.763.72$33,778
Nov 201606,04842.492.64$15,993
Oct 20163546,88846.193.09$37,637
Sep 20165696,57841.553.10$44,038
Aug 20165516,67341.442.92$42,348
Jul 20161805,09441.622.92$22,388
Jun 201602,11445.352.69$5,678
May 20163402,87042.521.99$20,171
Apr 20163474,97236.561.99$22,586
Mar 20165415,50233.011.79$27,729
Feb 20163495,23526.472.06$20,041
Jan 20165545,72227.352.36$28,681
Dec 20151875,44232.362.00$16,943
Nov 20153675,31538.792.17$25,755
Oct 20151765,50043.552.43$21,011
Sep 20153425,33442.992.76$29,416
Aug 20153415,45540.162.87$29,364
Jul 20153455,59848.152.95$33,098
Jun 20153685,25256.152.88$35,804
May 20151765,21655.212.96$25,133
Apr 20153354,64849.822.71$29,270
Mar 201504,18442.892.93$12,279
Feb 20155223,78444.662.98$34,574
Jan 20151733,91743.433.10$19,659
Dec 20143473,46454.693.59$31,418
Nov 20146672,43870.464.25$57,363
Oct 20143292,33978.303.90$34,885
Sep 20143441,77786.164.05$36,828
Aug 20143421,15189.394.04$35,216
Jul 201417995096.564.18$21,255
Jun 20143361,27798.164.74$39,031
May 20144801,09194.734.73$50,627
Apr 20143471,45295.944.81$40,274
Mar 20143435,16195.895.06$58,988
Feb 201455613,36197.406.19$136,886
Jan 201472815,03090.404.86$138,868
Dec 20131,10715,63891.824.35$169,740
Nov 201336715,28288.853.74$89,736
Oct 201336313,65797.423.78$86,978
Sep 201354014,838104.113.72$111,383
Aug 201354917,795104.253.52$119,918
Jul 201373118,079102.523.72$142,155
Jun 201354717,82894.403.93$121,762
May 201373119,72494.834.15$151,157
Apr 201354920,12093.964.28$137,750
Mar 201393120,26993.623.91$166,470
Feb 201389519,41491.233.42$148,045
Jan 201374424,22091.603.42$150,981
Dec 201293525,77086.773.42$169,267
Nov 201273626,77286.953.62$161,043
Oct 201292329,44089.383.40$182,584
Sep 201292430,51094.672.92$176,515
Aug 201291933,22292.662.91$181,769
Jul 20121,10135,60585.133.02$201,284
Jun 20121,09736,41879.822.52$179,301
May 20121,29340,21291.612.49$218,512
Apr 20121,48241,597101.652.00$233,706
Mar 20121,28444,532105.052.22$233,838
Feb 20122,04842,641101.102.57$316,650
Jan 20122,16940,09498.092.73$322,377
Dec 20112,78934,11196.873.24$380,681
Nov 20112,92028,85395.723.31$375,043
Oct 20113,10319,97784.983.65$336,580
Sep 20111,28510,61083.623.99$149,741
Aug 20119033,11283.404.15$88,223
Jul 201191512,20394.144.52$141,262
Jun 20113,38152,88092.904.64$559,452
May 20115,16356,40098.134.40$755,077
Apr 20114,77828,832105.964.33$631,214
Mar 20114,49523,01196.364.06$526,502
Feb 20118,16815,71185.644.18$765,179
Jan 20118,35911,42686.504.59$775,485
Dec 20101,8264,38885.734.35$175,621
Nov 20101,0793,35280.843.80$99,948
Oct 20108301,69378.103.51$70,764
Sep 20102,0847,55772.633.98$181,434
Aug 20101,9518,06673.684.42$179,396
Jul 20102,22810,03672.554.74$209,177
Jun 20101,4883,59170.364.91$122,329
May 20102,8577,08871.124.24$233,209
Apr 20104,1777,75481.694.12$373,186
Mar 20103,5665,08178.394.39$301,838
Feb 20102,9592,98373.585.44$233,958

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                    3 bbl  × $106.41 =       $319
Casinghead gas     1,164 Mcf  × $  3.05 =     $3,545

────────────────────────────────────────────────────
Month total                                   $3,865

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/39863 is the state's own key, not one this site invented.