GRAHAM "24"

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 41177District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.5 M
May 2011 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
181
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
OilDisposition59,030 bbl$4,443,956
Casinghead gasProduction27,102 Mcf$89,830
Total$4,533,786

Every month this lease reported (181)

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

181 months

May 20261740106.413.05$18,515
Apr 2026176098.932.87$17,412
Mar 2026175089.753.15$15,706
Feb 2026179063.503.75$11,367
Jan 2026181059.138.00$10,703
Dec 2025182056.664.41$10,312
Nov 20250058.593.93$0
Oct 2025178059.383.30$10,570
Sep 2025180062.743.08$11,293
Aug 2025170063.933.01$10,868
Jul 2025182066.743.32$12,147
Jun 2025166066.483.13$11,036
May 2025179060.553.23$10,838
Apr 2025173062.363.54$10,788
Mar 2025173067.704.27$11,712
Feb 2025189070.884.34$13,396
Jan 2025180074.324.28$13,378
Dec 2024172068.993.12$11,866
Nov 2024185069.052.20$12,774
Oct 2024344071.372.28$24,551
Sep 20240069.612.36$0
Aug 2024177075.632.06$13,387
Jul 2024344079.932.15$27,496
Jun 20241078.082.63$78
May 2024184078.812.20$14,501
Apr 2024342084.451.66$28,882
Mar 2024170080.301.55$13,651
Feb 20240076.091.78$0
Jan 2024346073.023.30$25,265
Dec 2023171071.262.61$12,185
Nov 2023169077.892.81$13,163
Oct 2023173085.443.09$14,781
Sep 2023165089.042.74$14,692
Aug 2023168080.522.67$13,527
Jul 20230074.852.64$0
Jun 2023171068.962.26$11,792
May 2023169070.622.23$11,935
Apr 2023176078.122.24$13,749
Mar 2023164072.852.39$11,947
Feb 2023168075.112.47$12,618
Jan 20233553676.533.39$27,290
Dec 20220076.415.73$0
Nov 2022372085.005.65$31,620
Oct 20220087.185.86$0
Sep 2022158084.888.16$13,411
Aug 2022162094.529.13$15,312
Jul 20221680101.587.54$17,065
Jun 20221840115.097.98$21,177
May 20221690109.378.43$18,484
Apr 20225150104.226.84$53,673
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021346071.323.90$24,677
Nov 2021169077.435.24$13,086
Oct 2021171079.795.71$13,644
Sep 2021183069.865.35$12,784
Aug 20213389466.024.22$22,712
Jul 202117117970.783.98$12,816
Jun 202133211569.493.38$23,459
May 2021172063.483.02$10,919
Apr 20213509160.362.76$21,377
Mar 202133810161.302.72$20,994
Feb 202104557.805.55$250
Jan 20210050.412.81$0
Dec 2020175044.642.68$7,812
Nov 20201723038.772.71$6,750
Oct 202004936.972.48$121
Sep 20201613937.091.99$6,049
Aug 202002839.982.39$67
Jul 20201772238.371.83$6,832
Jun 202003434.901.69$57
May 20201792916.921.81$3,081
Apr 20201711714.751.80$2,553
Mar 202006430.341.86$119
Feb 20201858949.881.98$9,404
Jan 202017710657.252.09$10,355
Dec 201934713459.012.30$20,785
Nov 201917912455.302.75$10,240
Oct 201934415253.472.42$18,761
Sep 2019013655.052.66$361
Aug 201933414753.112.30$18,077
Jul 201917714156.272.46$10,307
Jun 201916415252.782.49$9,035
May 201932215958.482.74$19,266
Apr 201916415762.632.75$10,703
Mar 201916415356.803.06$9,784
Feb 201933912750.852.79$17,593
Jan 20191626646.033.23$7,670
Dec 201816811646.594.19$8,313
Nov 201832914152.934.24$18,011
Oct 201815415961.443.40$10,002
Sep 20181635159.543.11$9,864
Aug 201831716159.403.07$19,324
Jul 201816412265.142.93$11,041
Jun 201830920260.183.08$19,217
May 201814918065.382.90$10,264
Apr 201830115463.842.90$19,663
Mar 201829815061.222.79$18,662
Feb 201815010661.782.77$9,560
Jan 201831812762.874.01$20,502
Dec 201730513257.272.92$17,853
Nov 201731613055.423.12$17,918
Oct 201715914949.292.98$8,282
Sep 2017165047.523.09$7,841
Aug 201734619245.373.00$16,275
Jul 201732820143.873.09$15,010
Jun 201718017442.493.09$8,185
May 201733313045.373.26$15,532
Apr 20171435147.933.21$7,018
Mar 20173496446.772.98$16,514
Feb 20173495650.452.95$17,772
Jan 20171732649.413.42$8,637
Dec 20163439948.763.72$17,093
Nov 201630213942.492.64$13,200
Oct 201625114446.193.09$12,039
Sep 201616214841.553.10$7,190
Aug 201625612741.442.92$10,980
Jul 201637116241.622.92$15,915
Jun 201632120645.352.69$15,111
May 201633421242.521.99$14,624
Apr 201633014436.561.99$12,352
Mar 201633912433.011.79$11,413
Feb 201633812626.472.06$9,207
Jan 20163298627.352.36$9,201
Dec 201547818232.362.00$15,832
Nov 201532328538.792.17$13,147
Oct 201534430743.552.43$15,726
Sep 201533420342.992.76$14,919
Aug 201534529440.162.87$14,700
Jul 201551731948.152.95$25,833
Jun 201551730156.152.88$29,897
May 201552327655.212.96$29,691
Apr 201534927949.822.71$18,142
Mar 201549126442.892.93$21,834
Feb 201551524644.662.98$23,732
Jan 201515421443.433.10$7,352
Dec 201451118754.693.59$28,618
Nov 201433418770.464.25$24,329
Oct 20144959778.303.90$39,137
Sep 201468327286.164.05$59,948
Aug 201449134789.394.04$45,291
Jul 201434934096.564.18$35,121
Jun 201434128898.164.74$34,837
May 201469332094.734.73$67,160
Apr 201434331595.944.81$34,422
Mar 201452333395.895.06$51,834
Feb 201448729897.406.19$49,279
Jan 201448936390.404.86$45,970
Dec 201353538491.824.35$50,796
Nov 201348838688.853.74$44,802
Oct 201369015097.423.78$67,787
Sep 2013607416104.113.72$64,741
Aug 2013689473104.253.52$73,494
Jul 2013470448102.523.72$49,850
Jun 201365649394.403.93$63,866
May 201368453494.834.15$67,079
Apr 201369949893.964.28$67,811
Mar 201370947493.623.91$68,231
Feb 201371144291.233.42$66,376
Jan 201371751991.603.42$67,452
Dec 201236843486.773.42$33,416
Nov 201270044886.953.62$62,489
Oct 20121,00855189.383.40$91,968
Sep 201270240994.672.92$67,652
Aug 201270140592.662.91$66,132
Jul 201269554985.133.02$60,824
Jun 201253529979.822.52$43,457
May 201298052991.612.49$91,094
Apr 20121,579753101.652.00$162,009
Mar 20121,257474105.052.22$133,101
Feb 20121,238475101.102.57$126,383
Jan 201254940998.092.73$54,970
Dec 201147720596.873.24$46,871
Nov 201169632695.723.31$67,701
Oct 201185536284.983.65$73,979
Sep 201167870783.623.99$59,512
Aug 20111,02952683.404.15$88,001
Jul 20111,172094.144.52$110,332
Jun 2011343092.904.64$31,865
May 20110098.134.40$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.

May 2026 — as filed, then multipliedworked
Oil                  174 bbl  × $106.41 =    $18,515
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,515

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/41177 is the state's own key, not one this site invented.