SPECK 1

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 42004District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.9 M
Oct 2011 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
176
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
OilDisposition119,905 bbl$9,682,750
Casinghead gasProduction65,922 Mcf$220,397
Total$9,903,147

Every month this lease reported (176)

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

176 months

May 20261292106.413.05$13,733
Apr 2026286098.932.87$28,294
Mar 2026164089.753.15$14,719
Feb 2026145063.503.75$9,208
Jan 2026491459.138.00$3,009
Dec 2025255856.664.41$14,484
Nov 2025149658.593.93$8,753
Oct 202581159.383.30$4,813
Sep 2025102562.743.08$6,415
Aug 2025105463.933.01$6,725
Jul 202542966.743.32$2,833
Jun 202587166.483.13$5,787
May 2025100060.553.23$6,055
Apr 202553562.363.54$3,323
Mar 202583567.704.27$5,640
Feb 202579370.884.34$5,613
Jan 2025139374.324.28$10,343
Dec 2024117368.993.12$8,081
Nov 202454169.052.20$3,731
Oct 202445371.372.28$3,218
Sep 202466369.612.36$4,601
Aug 202473275.632.06$5,525
Jul 2024101079.932.15$8,073
Jun 202499078.082.63$7,730
May 202488078.812.20$6,935
Apr 202471084.451.66$5,996
Mar 202475080.301.55$6,023
Feb 2024101076.091.78$7,685
Jan 2024114273.023.30$8,331
Dec 2023133071.262.61$9,478
Nov 2023114477.892.81$8,891
Oct 202316022285.443.09$14,356
Sep 202315916889.042.74$14,617
Aug 202315620180.522.67$13,098
Jul 20232468974.852.64$18,648
Jun 2023807968.962.26$5,695
May 20231318370.622.23$9,436
Apr 20232092478.122.24$16,381
Mar 202326611272.852.39$19,646
Feb 202318617175.112.47$14,392
Jan 202318512976.533.39$14,595
Dec 202224612476.415.73$19,507
Nov 2022499085.005.65$4,673
Oct 20222599487.185.86$23,131
Sep 202219610284.888.16$17,469
Aug 202239110394.529.13$37,897
Jul 202217655101.587.54$18,293
Jun 202215817115.097.98$18,320
May 2022234107109.378.43$26,495
Apr 202229680104.226.84$31,396
Mar 2022296124108.885.08$32,858
Feb 202221111291.054.86$19,756
Jan 202224614881.844.54$20,804
Dec 202115810971.323.90$11,694
Nov 20211976477.435.24$15,589
Oct 20211794679.795.71$14,545
Sep 20212545169.865.35$18,017
Aug 20211836566.024.22$12,356
Jul 20211844770.783.98$13,211
Jun 20212355469.493.38$16,513
May 20212345663.483.02$15,023
Apr 20211895260.362.76$11,551
Mar 2021188361.302.72$11,533
Feb 20211813857.805.55$10,673
Jan 20213055750.412.81$15,535
Dec 20203016344.642.68$13,605
Nov 20201298938.772.71$5,242
Oct 20202418236.972.48$9,113
Sep 20202397237.091.99$9,008
Aug 20202867339.982.39$11,608
Jul 20202487738.371.83$9,656
Jun 20201925434.901.69$6,792
May 20203647016.921.81$6,286
Apr 20201996614.751.80$3,054
Mar 20202407430.341.86$7,419
Feb 20203387949.881.98$17,016
Jan 20203817157.252.09$21,961
Dec 20192735859.012.30$16,243
Nov 20193465655.302.75$19,288
Oct 20192677253.472.42$14,451
Sep 20193508655.052.66$19,496
Aug 20192559653.112.30$13,764
Jul 201927610956.272.46$15,799
Jun 20193569652.782.49$19,029
May 20195348658.482.74$31,464
Apr 20193088662.632.75$19,527
Mar 20192609356.803.06$15,053
Feb 20191144850.852.79$5,931
Jan 20191813946.033.23$8,457
Dec 201829411746.594.19$14,187
Nov 20182949652.934.24$15,968
Oct 201833123361.443.40$21,128
Sep 201831522359.543.11$19,448
Aug 201823535059.403.07$15,032
Jul 201825742565.142.93$17,987
Jun 201828852260.183.08$18,938
May 201829074565.382.90$21,121
Apr 201829587363.842.90$21,365
Mar 20183141,13861.222.79$22,395
Feb 20184261,35161.782.77$30,055
Jan 20185271,64262.874.01$39,716
Dec 20175871,12557.272.92$36,904
Nov 201756373755.423.12$33,500
Oct 201744377449.292.98$24,145
Sep 201730067447.523.09$16,337
Aug 201742720045.373.00$19,974
Jul 20172715943.873.09$12,071
Jun 201746212842.493.09$20,026
May 201724116445.373.26$11,469
Apr 201758520947.933.21$28,710
Mar 201776421146.772.98$36,362
Feb 201742622950.452.95$22,168
Jan 201766925449.413.42$33,924
Dec 201643325048.763.72$22,044
Nov 201637018542.492.64$16,211
Oct 201662422846.193.09$29,527
Sep 201643025141.553.10$18,645
Aug 201643325341.442.92$18,683
Jul 201651423441.622.92$22,077
Jun 201653719945.352.69$24,887
May 201668617442.521.99$29,515
Apr 201672411936.561.99$26,706
Mar 201656917033.011.79$19,088
Feb 201664110426.472.06$17,182
Jan 20163715127.352.36$10,267
Dec 20153599332.362.00$11,803
Nov 201546324638.792.17$18,493
Oct 201534618843.552.43$15,525
Sep 201555931042.992.76$24,887
Aug 201549734740.162.87$20,956
Jul 201542139448.152.95$21,432
Jun 201538723856.152.88$22,416
May 201548739855.212.96$28,064
Apr 201561847349.822.71$32,069
Mar 201560045742.892.93$27,075
Feb 201541623844.662.98$19,287
Jan 20155331443.433.10$23,192
Dec 201434828154.693.59$20,041
Nov 201457913770.464.25$41,379
Oct 201478441078.303.90$62,987
Sep 201481173786.164.05$72,857
Aug 201471245589.394.04$65,482
Jul 201475048996.564.18$74,464
Jun 201471632998.164.74$71,841
May 201458114294.734.73$55,709
Apr 20146779795.944.81$65,418
Mar 20141,1374795.895.06$109,265
Feb 20142832797.406.19$27,731
Jan 20144612790.404.86$41,806
Dec 20135571791.824.35$51,218
Nov 2013313288.853.74$27,818
Oct 20135131497.423.78$50,029
Sep 2013633574104.113.72$68,036
Aug 20131,085910104.253.52$116,317
Jul 20131,4901,514102.523.72$158,383
Jun 20132,0662,46494.403.93$204,722
May 20132,7903,04694.834.15$277,214
Apr 20131,6751,64693.964.28$164,432
Mar 20132,9522,48693.623.91$286,094
Feb 20133,1192,98991.233.42$294,768
Jan 20135,2542,83491.603.42$490,958
Dec 20125,4052,78686.773.42$478,520
Nov 20125,7631,52686.953.62$506,625
Oct 20126,2836,98089.383.40$585,304
Sep 20123,932194.672.92$372,245
Aug 20125,96828992.662.91$553,835
Jul 20122,1682,22285.133.02$191,274
Jun 20121,84349079.822.52$148,343
May 20121,1731,10891.612.49$110,216
Apr 20121,9451,536101.652.00$200,776
Mar 20122,5971,200105.052.22$275,481
Feb 20122,4911,269101.102.57$255,102
Jan 20123,6291,59398.092.73$360,324
Dec 20114,31520096.873.24$418,642
Nov 20113,479095.723.31$333,010
Oct 20116084.983.65$510

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                  129 bbl  × $106.41 =    $13,727
Casinghead gas         2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                  $13,733

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/42004 is the state's own key, not one this site invented.