UL 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 40818District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.8 M
Nov 2010 – Sep 2013
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
35
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
OilDisposition19,210 bbl$1,725,365
Casinghead gasProduction28,447 Mcf$95,924
Total$1,821,290

Wells on this lease (3)

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 32.2592, -102.4407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.25902, -102.44076 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
11,050 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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 9,084 and 11,330 ft, median 11,050 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2012 – Nov 2021
3 of 3 wells

3 wells

42-00341770119,084 ftNov 2021Yes
42-00344418711,050 ftSep 2012
42-00343931211,330 ftApr 2012

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 (35)

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

35 months

Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013366094.403.93$34,550
May 20131,3991,56794.834.15$139,169
Apr 20131,0761,81293.964.28$108,861
Mar 20131,7682,03493.623.91$173,479
Feb 20131,3771,85091.233.42$131,951
Jan 20131,0421,85191.603.42$101,777
Dec 20121,7161,78886.773.42$155,013
Nov 20121,7782,44586.953.62$163,460
Oct 20121,9503,05389.383.40$184,670
Sep 20125201,50994.672.92$53,632
Aug 20128171,86692.662.91$81,130
Jul 20121,2033,88485.133.02$114,144
Jun 20121,7342,32679.822.52$144,267
May 20121,5881,14691.612.49$148,328
Apr 201280101.652.00$813
Mar 20121660105.052.22$17,438
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20111096.873.24$97
Nov 2011172095.723.31$16,464
Oct 20112084.983.65$170
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011179092.904.64$16,629
May 20111098.134.40$98
Apr 201100105.964.33$0
Mar 2011069996.364.06$2,836
Feb 201116561785.644.18$16,710
Jan 20110086.504.59$0
Dec 2010182085.734.35$15,603
Nov 20100080.843.80$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 2013 — as filed, then multipliedworked
Oil                  366 bbl  × $ 94.40 =    $34,550
Casinghead gas         0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                  $34,550

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/40818 is the state's own key, not one this site invented.