KOONCE FARMS "15"

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 40770District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$11.3 M
Jan 2011 – May 2026
Value, last 12 filed months
$234 k
at the published price for each month
Months reported
185
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
OilDisposition145,633 bbl$10,293,901
Casinghead gasProduction296,691 Mcf$1,010,864
Total$11,304,765

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 32.1349, -101.8071. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.13493, -101.80707 · 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
10,704 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 10,663 and 10,745 ft, median 10,704 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2011 – Jun 2014
2 of 2 wells

2 wells

42-31737423210,745 ftJun 2014
42-31736205110,663 ftJan 2011

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 (185)

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

185 months

May 20260392106.413.05$1,194
Apr 202618139198.932.87$19,028
Mar 202618230489.753.15$17,292
Feb 202616014663.503.75$10,708
Jan 2026028559.138.00$2,279
Dec 202537099156.664.41$25,338
Nov 20255581,13158.593.93$37,134
Oct 20253671,11859.383.30$25,487
Sep 20253771,11462.743.08$27,081
Aug 202518783963.933.01$14,484
Jul 202536399766.743.32$27,532
Jun 202536289666.483.13$26,869
May 202554797460.553.23$36,269
Apr 20253811,00962.363.54$27,334
Mar 202536070567.704.27$27,381
Feb 202536786770.884.34$29,776
Jan 202556675174.324.28$45,278
Dec 202435974268.993.12$27,083
Nov 202455085269.052.20$39,851
Oct 202436495671.372.28$28,160
Sep 202453997969.612.36$39,835
Aug 202435395875.632.06$28,674
Jul 202453489879.932.15$44,610
Jun 202436986678.082.63$31,093
May 202453365178.812.20$43,437
Apr 202455961084.451.66$48,220
Mar 202454460480.301.55$44,616
Feb 202455055376.091.78$42,836
Jan 202418148473.023.30$14,813
Dec 202354157571.262.61$40,053
Nov 202353666877.892.81$43,624
Oct 202353727585.443.09$46,730
Sep 202354465889.042.74$50,237
Aug 202372716080.522.67$58,966
Jul 202354367974.852.64$42,437
Jun 202353753768.962.26$38,244
May 202335339970.622.23$25,818
Apr 202372568178.122.24$58,161
Mar 202353135072.852.39$39,521
Feb 202373845575.112.47$56,553
Jan 202334636176.533.39$27,702
Dec 202235277976.415.73$31,359
Nov 20225211,09485.005.65$50,462
Oct 202294872387.185.86$86,886
Sep 202235061284.888.16$34,704
Aug 20225151,09894.529.13$58,699
Jul 20227321,196101.587.54$83,377
Jun 20228751,420115.097.98$112,031
May 20227331,057109.378.43$89,082
Apr 2022518581104.226.84$57,959
Mar 2022729647108.885.08$82,658
Feb 202255334891.054.86$52,042
Jan 202271854381.844.54$61,225
Dec 202186380271.323.90$64,676
Nov 202136959377.435.24$31,677
Oct 20211,01962179.795.71$84,854
Sep 202184754169.865.35$62,066
Aug 202182053166.024.22$56,378
Jul 202151770270.783.98$39,389
Jun 202186076769.493.38$62,354
May 202172275463.483.02$48,108
Apr 20218381,21060.362.76$53,919
Mar 20218541,41761.302.72$56,200
Feb 20211,18492857.805.55$73,584
Jan 20211,15981450.412.81$60,713
Dec 202084590444.642.68$40,139
Nov 202070082438.772.71$29,369
Oct 20201,2161,51836.972.48$48,718
Sep 20201,3831,64937.091.99$54,579
Aug 20201,3971,66439.982.39$59,821
Jul 20201,0421,98238.371.83$43,599
Jun 20201,4221,53634.901.69$52,224
May 2020042816.921.81$777
Apr 20201,0291,69414.751.80$18,234
Mar 20201,2081,65630.341.86$39,725
Feb 20208661,15049.881.98$45,474
Jan 20201,0691,46357.252.09$64,265
Dec 20195131,33559.012.30$33,348
Nov 201987398055.302.75$50,973
Oct 20193681,10753.472.42$22,354
Sep 201973152155.052.66$41,626
Aug 20197041,47053.112.30$40,777
Jul 20191,0201,43356.272.46$60,921
Jun 201934986852.782.49$20,583
May 20191,4022,43258.482.74$88,653
Apr 20198332,33862.632.75$58,602
Mar 20191,3902,23456.803.06$85,793
Feb 20191,2151,59550.852.79$66,236
Jan 20191,0301,60646.033.23$52,595
Dec 201878153646.594.19$38,630
Nov 20181,2131,18552.934.24$69,225
Oct 201864777161.443.40$42,372
Sep 20186321,26159.543.11$41,548
Aug 20181,1282,04559.403.07$73,274
Jul 20181,1421,36665.142.93$78,395
Jun 201814830460.183.08$9,842
May 20181,4983,47565.382.90$108,020
Apr 20184881,75063.842.90$36,230
Mar 20188592,43261.222.79$59,366
Feb 20188681,82161.782.77$58,662
Jan 201851723662.874.01$33,450
Dec 20176801,09857.272.92$42,151
Nov 20179421,43855.423.12$56,690
Oct 20179311,45949.292.98$50,242
Sep 20176971,12047.523.09$36,579
Aug 20179891,30445.373.00$48,789
Jul 20172,0052,20843.873.09$94,776
Jun 20172,2831,76942.493.09$102,466
May 201717059145.373.26$9,642
Apr 20173451,22547.933.21$20,470
Mar 20173271,54046.772.98$19,889
Feb 20175151,74450.452.95$31,131
Jan 20174981,59349.413.42$30,052
Dec 20164841,79148.763.72$30,267
Nov 20165321,68542.492.64$27,060
Oct 20163142,07046.193.09$20,901
Sep 20165151,83041.553.10$27,072
Aug 20164972,02441.442.92$26,515
Jul 20164731,98141.622.92$25,479
Jun 20165021,99445.352.69$28,121
May 20165161,99742.521.99$25,916
Apr 20164901,67836.561.99$21,255
Mar 20164791,96033.011.79$19,328
Feb 20165081,82326.472.06$17,209
Jan 20168222,05627.352.36$27,343
Dec 20155031,55932.362.00$19,397
Nov 20153201,61638.792.17$15,915
Oct 20156361,20243.552.43$30,615
Sep 20156352,14642.992.76$33,218
Aug 20155151,88740.162.87$26,103
Jul 20156661,94748.152.95$37,802
Jun 20156812,58156.152.88$45,679
May 20156512,38255.212.96$42,982
Apr 20156552,71949.822.71$39,991
Mar 20158362,25742.892.93$42,480
Feb 20158371,31744.662.98$41,300
Jan 20157082,27743.433.10$37,809
Dec 20148692,08554.693.59$55,014
Nov 20141,0331,83970.464.25$80,604
Oct 20144841,24278.303.90$42,742
Sep 201481655386.164.05$72,544
Aug 20146841,17389.394.04$65,876
Jul 20148771,95596.564.18$92,854
Jun 20144601,45798.164.74$52,055
May 20146792,07094.734.73$74,106
Apr 20148852,45595.944.81$96,713
Mar 20146912,44895.895.06$78,639
Feb 20146722,22697.406.19$79,236
Jan 20147032,62990.404.86$76,330
Dec 20131,0362,77991.824.35$107,227
Nov 20136902,79488.853.74$71,751
Oct 20131,0212,99397.423.78$110,777
Sep 20136752,989104.113.72$81,387
Aug 20138543,187104.253.52$100,256
Jul 20131,0313,431102.523.72$118,454
Jun 20138303,35994.403.93$91,564
May 20131,0322,38794.834.15$107,768
Apr 20131,0463,17193.964.28$111,862
Mar 20138512,86793.623.91$90,889
Feb 20131,4153,13491.233.42$139,808
Jan 20131,2073,64891.603.42$123,037
Dec 20126962,77886.773.42$69,893
Nov 20121,0423,64686.953.62$103,819
Oct 20121,2124,46789.383.40$123,515
Sep 20121,3714,05694.672.92$141,630
Aug 20121,4745,10392.662.91$151,421
Jul 20121,5375,94485.133.02$148,800
Jun 20122,7106,17379.822.52$231,862
May 20121,8331,73891.612.49$172,246
Apr 20128621,321101.652.00$90,260
Mar 20121,0122,076105.052.22$110,924
Feb 20121,0231,743101.102.57$107,905
Jan 201287738398.092.73$87,072
Dec 201183584296.873.24$83,614
Nov 20111,1522,13695.723.31$117,342
Oct 20111,2182,30384.983.65$111,908
Sep 20111,1852,13283.623.99$107,587
Aug 20111,3022,69283.404.15$119,757
Jul 20111,0312,29894.144.52$107,439
Jun 20111,3553,79092.904.64$143,465
May 20111,7083,89898.134.40$184,776
Apr 20111,0402,210105.964.33$119,775
Mar 20111,9745,09296.364.06$210,875
Feb 20112,1994,46685.644.18$206,990
Jan 20112,7443,45786.504.59$253,219

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                    0 bbl  × $106.41 =         $0
Casinghead gas       392 Mcf  × $  3.05 =     $1,194

────────────────────────────────────────────────────
Month total                                   $1,194

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/40770 is the state's own key, not one this site invented.