HOPE "16"

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 40508District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$8.8 M
Jul 2010 – May 2026
Value, last 12 filed months
$299 k
at the published price for each month
Months reported
191
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
OilDisposition110,897 bbl$8,330,270
Casinghead gasProduction124,169 Mcf$430,749
Total$8,761,019

Wells on this lease (1)

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 32.5119, -101.7318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.51188, -101.73184 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,925 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 10,925 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-31735885110,925 ftJul 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 (191)

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

191 months

May 202600106.413.05$0
Apr 2026183098.932.87$18,104
Mar 2026537089.753.15$48,196
Feb 2026359063.503.75$22,797
Jan 2026566059.138.00$33,468
Dec 20253024756.664.41$17,319
Nov 20253512258.593.93$20,651
Oct 2025359059.383.30$21,317
Sep 2025733062.743.08$45,988
Aug 2025169063.933.01$10,804
Jul 2025361066.743.32$24,093
Jun 2025545066.483.13$36,232
May 2025374060.553.23$22,646
Apr 2025565162.363.54$35,237
Mar 2025527067.704.27$35,678
Feb 2025360070.884.34$25,517
Jan 2025741074.324.28$55,071
Dec 2024718068.993.12$49,535
Nov 2024533069.052.20$36,804
Oct 2024713071.372.28$50,887
Sep 2024702069.612.36$48,866
Aug 20240075.632.06$0
Jul 2024188079.932.15$15,027
Jun 2024333078.082.63$26,001
May 2024352078.812.20$27,741
Apr 2024345084.451.66$29,135
Mar 2024164080.301.55$13,169
Feb 2024336076.091.78$25,566
Jan 2024342073.023.30$24,973
Dec 2023347071.262.61$24,727
Nov 2023173077.892.81$13,475
Oct 2023347085.443.09$29,648
Sep 2023335089.042.74$29,828
Aug 2023341080.522.67$27,457
Jul 2023516074.852.64$38,623
Jun 20231633068.962.26$11,308
May 2023164070.622.23$11,582
Apr 20233456978.122.24$27,106
Mar 20233443172.852.39$25,135
Feb 2023334075.112.47$25,087
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20221758785.005.65$15,366
Oct 202233410487.185.86$29,728
Sep 202217029984.888.16$16,871
Aug 202232448294.529.13$35,024
Jul 2022170273101.587.54$19,328
Jun 202250956115.097.98$59,028
May 2022023109.378.43$194
Apr 2022362410104.226.84$40,531
Mar 2022342394108.885.08$39,237
Feb 202218355391.054.86$19,349
Jan 202217143981.844.54$15,987
Dec 202117044371.323.90$13,852
Nov 202132539077.435.24$27,207
Oct 202116116879.795.71$13,806
Sep 202116517669.865.35$12,469
Aug 202117236066.024.22$12,875
Jul 202117337870.783.98$13,750
Jun 20211688969.493.38$11,975
May 2021523763.483.02$33,221
Apr 2021010660.362.76$292
Mar 2021024461.302.72$663
Feb 202133831957.805.55$21,306
Jan 202134627450.412.81$18,212
Dec 202033921944.642.68$15,719
Nov 2020170038.772.71$6,591
Oct 202034515636.972.48$13,141
Sep 202018040737.091.99$7,487
Aug 202034168039.982.39$15,255
Jul 202048870138.371.83$20,004
Jun 202016756134.901.69$6,777
May 202034072416.921.81$7,067
Apr 202034773614.751.80$6,446
Mar 202033858630.341.86$11,343
Feb 20205238649.881.98$26,258
Jan 202018015457.252.09$10,628
Dec 201935157259.012.30$22,031
Nov 201934655355.302.75$20,655
Oct 201933760153.472.42$19,473
Sep 201934662255.052.66$20,700
Aug 201928861053.112.30$16,701
Jul 201932868256.272.46$20,134
Jun 201943762852.782.49$24,629
May 201964236158.482.74$38,533
Apr 20190062.632.75$0
Mar 20191484856.803.06$8,553
Feb 201945551450.852.79$24,572
Jan 201929842046.033.23$15,073
Dec 201830523446.594.19$15,189
Nov 201845044752.934.24$25,713
Oct 201830875761.443.40$21,496
Sep 201830738459.543.11$19,472
Aug 201841547859.403.07$26,117
Jul 201844750265.142.93$30,589
Jun 201831316760.183.08$19,350
May 201827035165.382.90$18,671
Apr 201846743563.842.90$31,075
Mar 201848773361.222.79$31,857
Feb 201846654961.782.77$30,308
Jan 201846862262.874.01$31,917
Dec 201729167757.272.92$18,643
Nov 201742775055.423.12$26,003
Oct 201746775149.292.98$25,259
Sep 201742981147.523.09$22,890
Aug 201745780545.373.00$23,153
Jul 201745582043.873.09$22,492
Jun 201732479642.493.09$16,224
May 201762281745.373.26$30,886
Apr 201747577647.933.21$25,259
Mar 201717236346.772.98$9,128
Feb 201748570750.452.95$26,556
Jan 201749573549.413.42$26,971
Dec 201647972648.763.72$26,059
Nov 201649011942.492.64$21,135
Oct 201643270746.193.09$22,139
Sep 201649686041.553.10$23,275
Aug 201646487241.442.92$21,778
Jul 201654992941.622.92$25,566
Jun 201659490045.352.69$29,355
May 201634192442.521.99$16,339
Apr 201648594636.561.99$19,615
Mar 201664390933.011.79$22,856
Feb 201648983826.472.06$14,673
Jan 201666692427.352.36$20,400
Dec 201551298532.362.00$18,540
Nov 201550490338.792.17$21,507
Oct 201550895743.552.43$24,446
Sep 20156711,02742.992.76$31,679
Aug 20155001,04840.162.87$23,090
Jul 20156701,07348.152.95$35,421
Jun 201550093256.152.88$30,762
May 20156901,06755.212.96$41,248
Apr 20155041,02549.822.71$27,884
Mar 201586975642.892.93$39,490
Feb 201550656344.662.98$24,274
Jan 20158521,05443.433.10$40,270
Dec 20145161,14154.693.59$32,318
Nov 20141,0391,05970.464.25$77,711
Oct 20148561,11578.303.90$71,374
Sep 20143461,04186.164.05$34,023
Aug 201467593289.394.04$64,099
Jul 201467296996.564.18$68,938
Jun 20148611,04898.164.74$89,480
May 201486184694.734.73$85,561
Apr 201469457695.944.81$69,352
Mar 201496695395.895.06$97,449
Feb 201453493197.406.19$57,776
Jan 20148041,05290.404.86$77,795
Dec 20139791,03591.824.35$94,399
Nov 201387496388.853.74$81,255
Oct 20138771,04297.423.78$89,375
Sep 2013789980104.113.72$85,786
Aug 2013814927104.253.52$88,125
Jul 2013861946102.523.72$91,787
Jun 201386552894.403.93$83,733
May 201352319394.834.15$50,397
Apr 201330218193.964.28$29,151
Mar 20138611,02693.623.91$84,621
Feb 20138672,35591.233.42$87,150
Jan 20131,4023,38091.603.42$139,983
Dec 20128751,19286.773.42$80,001
Nov 20129601,25486.953.62$88,018
Oct 20121,1741,35789.383.40$109,545
Sep 20128611,23194.672.92$85,103
Aug 20128571,11592.662.91$82,652
Jul 20121,0411,29685.133.02$92,535
Jun 20121,0221,45179.822.52$85,231
May 20121,1771,51291.612.49$111,587
Apr 20128711,263101.652.00$91,059
Mar 20128281,039105.052.22$89,290
Feb 20121,4171,350101.102.57$146,729
Jan 20121,0601,44698.092.73$107,929
Dec 20111,0701,53396.873.24$108,617
Nov 20111,3831,56295.723.31$137,553
Oct 20111,3001,67884.983.65$116,596
Sep 20111,7201,97683.623.99$151,702
Aug 20111,3432,41983.404.15$122,043
Jul 20111,7052,29294.144.52$170,862
Jun 20112,0612,24092.904.64$201,860
May 20111,0712,12498.134.40$114,453
Apr 20112,035295105.964.33$216,907
Mar 20111,7891,10696.364.06$176,875
Feb 20111,3691,39385.644.18$123,064
Jan 20111,8991,51186.504.59$171,197
Dec 20102,4132,05685.734.35$215,805
Nov 20102,4032,62280.843.80$204,210
Oct 20102,4003,03178.103.51$198,075
Sep 20101,7091,68672.633.98$130,834
Aug 20108481,45573.684.42$68,911
Jul 201005972.554.74$279

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.

Apr 2026 — as filed, then multipliedworked
Oil                  183 bbl  × $ 98.93 =    $18,104
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $18,104

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/40508 is the state's own key, not one this site invented.