MCRAE FARM

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 40900District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$7.2 M
Oct 2010 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
188
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
OilDisposition75,004 bbl$6,003,515
Casinghead gasProduction300,999 Mcf$1,168,991
Total$7,172,507

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 32.0414, -102.3040. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.04142, -102.30403 · 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
12,585 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 11,650 and 13,520 ft, median 12,585 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2012 – Mar 2014
2 of 2 wells

2 wells

42-13541081111,650 ftMar 2014
42-13540329213,520 ftJul 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 (188)

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

188 months

May 20260178106.413.05$542
Apr 2026014998.932.87$428
Mar 202615930089.753.15$15,215
Feb 2026187963.503.75$11,908
Jan 2026191059.138.00$11,294
Dec 2025375056.664.41$21,248
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 202503066.483.13$94
May 202517429860.553.23$11,499
Apr 202517619362.363.54$11,659
Mar 202517721267.704.27$12,888
Feb 20250070.884.34$0
Jan 2025179074.324.28$13,303
Dec 202418133568.993.12$13,533
Nov 202417728269.052.20$12,842
Oct 2024012871.372.28$292
Sep 2024184069.612.36$12,808
Aug 20240075.632.06$0
Jul 2024182079.932.15$14,547
Jun 2024181078.082.63$14,132
May 20240078.812.20$0
Apr 2024182084.451.66$15,370
Mar 202402580.301.55$39
Feb 20240076.091.78$0
Jan 2024018873.023.30$620
Dec 202318026371.262.61$13,513
Nov 202318838477.892.81$15,721
Oct 20230085.443.09$0
Sep 2023183089.042.74$16,294
Aug 2023181080.522.67$14,574
Jul 2023047374.852.64$1,250
Jun 20230068.962.26$0
May 202318184770.622.23$14,669
Apr 202318483878.122.24$16,249
Mar 2023075072.852.39$1,795
Feb 202318168175.112.47$15,274
Jan 202318578176.533.39$16,804
Dec 2022068876.415.73$3,942
Nov 202218696285.005.65$21,242
Oct 202216981887.185.86$19,530
Sep 202218372184.888.16$21,419
Aug 2022068294.529.13$6,225
Jul 2022170379101.587.54$20,127
Jun 2022190149115.097.98$23,056
May 20220260109.378.43$2,193
Apr 2022177421104.226.84$21,326
Mar 2022176579108.885.08$22,102
Feb 202217730091.054.86$17,574
Jan 2022051281.844.54$2,323
Dec 202117471171.323.90$15,182
Nov 202117450377.435.24$16,107
Oct 202117770679.795.71$18,157
Sep 2021080869.865.35$4,324
Aug 20211801,07666.024.22$16,425
Jul 20211741,02470.783.98$16,393
Jun 202118467069.493.38$15,051
May 202118384263.483.02$14,158
Apr 20211741,04260.362.76$13,377
Mar 20211811,16661.302.72$14,263
Feb 202101,09757.805.55$6,086
Jan 20211701,02050.412.81$11,436
Dec 20203501,09644.642.68$18,556
Nov 202017994738.772.71$9,503
Oct 2020095436.972.48$2,364
Sep 202017591037.091.99$8,303
Aug 202017460739.982.39$8,404
Jul 202017680538.371.83$8,222
Jun 202035760134.901.69$13,475
May 2020066916.921.81$1,214
Apr 202017784714.751.80$4,139
Mar 202018081830.341.86$6,980
Feb 2020085149.881.98$1,686
Jan 202017888157.252.09$12,036
Dec 201918268859.012.30$12,325
Nov 201935168455.302.75$21,292
Oct 2019068953.472.42$1,666
Sep 201917375255.052.66$11,522
Aug 201917895653.112.30$11,657
Jul 20191801,78356.272.46$14,515
Jun 20191801,62652.782.49$13,551
May 20191851,49558.482.74$14,916
Apr 20191791,10962.632.75$14,261
Mar 20191701,06956.803.06$12,929
Feb 20195441,29250.852.79$31,270
Jan 201901,25946.033.23$4,064
Dec 201816171046.594.19$10,473
Nov 201818091452.934.24$13,400
Oct 201817895861.443.40$14,192
Sep 20181801,49559.543.11$15,364
Aug 20181781,19259.403.07$14,229
Jul 20181741,19465.142.93$14,835
Jun 20183521,47860.183.08$25,731
May 201818197565.382.90$14,662
Apr 20181821,14663.842.90$14,943
Mar 20181811,13761.222.79$14,249
Feb 201818288961.782.77$13,703
Jan 20183671,00762.874.01$27,111
Dec 201735390357.272.92$22,854
Nov 20171721,05355.423.12$12,816
Oct 20171621,41449.292.98$12,204
Sep 20173271,04047.523.09$18,750
Aug 20173321,14645.373.00$18,506
Jul 20171841,23043.873.09$11,869
Jun 20173601,07542.493.09$18,615
May 20173551,39645.373.26$20,662
Apr 20171821,11147.933.21$12,291
Mar 20173611,25446.772.98$20,626
Feb 201735897450.452.95$20,937
Jan 20171841,34949.413.42$13,703
Dec 20163541,49148.763.72$22,812
Nov 20161811,53242.492.64$11,742
Oct 20165181,04146.193.09$27,143
Sep 201635796041.553.10$17,810
Aug 201618074341.442.92$9,632
Jul 201635674941.622.92$17,007
Jun 201635796345.352.69$18,776
May 20163611,20542.521.99$17,749
Apr 201635590436.561.99$14,779
Mar 201636295133.011.79$13,656
Feb 201635492026.472.06$11,269
Jan 20163601,02427.352.36$12,267
Dec 20153571,25632.362.00$14,066
Nov 20153561,23438.792.17$16,484
Oct 20153591,14443.552.43$18,410
Sep 20153541,26642.992.76$18,711
Aug 20153601,30740.162.87$18,212
Jul 20153581,36148.152.95$21,246
Jun 20157181,50056.152.88$44,640
May 20153691,27555.212.96$24,141
Apr 201536038149.822.71$18,966
Mar 2015043042.892.93$1,262
Feb 20152371,19644.662.98$14,144
Jan 20153611,41943.433.10$20,078
Dec 20143434,82254.693.59$36,076
Nov 201406,10870.464.25$25,970
Oct 201423010,09378.303.90$57,381
Sep 20141098,22286.164.05$42,653
Aug 20141018,35689.394.04$42,746
Jul 20141917,24696.564.18$48,728
Jun 20149859,96198.164.74$293,648
May 20141,0926,06294.734.73$132,098
Apr 20142,1985,68595.944.81$238,216
Mar 20143643,67895.895.06$53,503
Feb 20141,2783,73097.406.19$147,573
Jan 20141,5113,21790.404.86$152,231
Dec 20132,2335,75691.824.35$230,098
Nov 20131,4735,68988.853.74$152,143
Oct 20131,8715,98697.423.78$204,896
Sep 20132,1756,217104.113.72$249,552
Aug 20131,8046,725104.253.52$211,757
Jul 20132,1966,659102.523.72$249,890
Jun 20132,1726,96794.403.93$232,441
May 20132,5326,51594.834.15$267,141
Apr 201314742193.964.28$15,615
Mar 201327976193.623.91$29,098
Feb 20132451,70791.233.42$28,189
Jan 20131426491.603.42$13,226
Dec 20121697286.773.42$14,910
Nov 201257840786.953.62$51,732
Oct 201253066289.383.40$49,622
Sep 201251090594.672.92$50,923
Aug 20121,0141,45392.662.91$98,183
Jul 20121,2101,18685.133.02$106,590
Jun 201247648179.822.52$39,206
May 20121,7001,32291.612.49$159,027
Apr 20121,132878101.652.00$116,821
Mar 20120316105.052.22$702
Feb 2012585320101.102.57$59,966
Jan 201239029898.092.73$39,070
Dec 201137314496.873.24$36,599
Nov 201136465395.723.31$37,004
Oct 201173197384.983.65$65,670
Sep 201172376283.623.99$63,494
Aug 201192881783.404.15$80,785
Jul 20117501,22294.144.52$76,125
Jun 20111,6621,73192.904.64$162,431
May 20112,5192,41298.134.40$257,814
Apr 2011365261105.964.33$39,806
Mar 20110096.364.06$0
Feb 2011722085.644.18$61,832
Jan 20112,254086.504.59$194,971
Dec 20103,469085.734.35$297,397
Nov 20101,2851,87980.843.80$111,011
Oct 2010363878.103.51$2,945

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       178 Mcf  × $  3.05 =       $542

────────────────────────────────────────────────────
Month total                                     $542

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/40900 is the state's own key, not one this site invented.