BILLINGSLEY "12"

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 42082District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.6 M
Jan 2012 – May 2026
Value, last 12 filed months
$127 k
at the published price for each month
Months reported
173
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
OilDisposition34,600 bbl$2,472,508
Casinghead gasProduction31,425 Mcf$100,517
Total$2,573,025

Every month this lease reported (173)

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

173 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026158089.753.15$14,181
Feb 2026177063.503.75$11,240
Jan 2026178059.138.00$10,525
Dec 2025181056.664.41$10,255
Nov 2025181058.593.93$10,605
Oct 2025180059.383.30$10,688
Sep 2025177062.743.08$11,105
Aug 2025184063.933.01$11,763
Jul 2025182066.743.32$12,147
Jun 2025369066.483.13$24,531
May 2025178060.553.23$10,778
Apr 2025185062.363.54$11,537
Mar 2025189067.704.27$12,795
Feb 2025358070.884.34$25,375
Jan 2025365074.324.28$27,127
Dec 2024181068.993.12$12,487
Nov 2024363069.052.20$25,065
Oct 202452827071.372.28$38,299
Sep 202450325369.612.36$35,612
Aug 202452828275.632.06$40,515
Jul 20241673579.932.15$13,423
Jun 202417212178.082.63$13,748
May 202436014178.812.20$28,682
Apr 202451717584.451.66$43,951
Mar 202433522580.301.55$27,248
Feb 20241768076.091.78$13,535
Jan 20241776373.023.30$13,132
Dec 20231796471.262.61$12,923
Nov 202366577.892.81$650
Oct 2023177085.443.09$15,123
Sep 20231696089.042.74$15,212
Aug 20231695480.522.67$13,752
Jul 20231696774.852.64$12,827
Jun 202305468.962.26$122
May 20231656670.622.23$11,799
Apr 20231745678.122.24$13,718
Mar 2023163072.852.39$11,875
Feb 2023171075.112.47$12,844
Jan 2023175076.533.39$13,393
Dec 20220076.415.73$0
Nov 2022169085.005.65$14,365
Oct 2022169087.185.86$14,733
Sep 2022169084.888.16$14,345
Aug 20220094.529.13$0
Jul 20221670101.587.54$16,964
Jun 20221700115.097.98$19,565
May 20221650109.378.43$18,046
Apr 202260104.226.84$625
Mar 20221820108.885.08$19,816
Feb 2022177091.054.86$16,116
Jan 2022178081.844.54$14,568
Dec 20210071.323.90$0
Nov 2021173077.435.24$13,395
Oct 2021335079.795.71$26,730
Sep 20210069.865.35$0
Aug 2021346066.024.22$22,843
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021168063.483.02$10,665
Apr 2021169060.362.76$10,201
Mar 2021172061.302.72$10,544
Feb 20210057.805.55$0
Jan 2021335050.412.81$16,887
Dec 2020181044.642.68$8,080
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020172037.091.99$6,379
Aug 20200039.982.39$0
Jul 2020165038.371.83$6,331
Jun 2020158034.901.69$5,514
May 2020167016.921.81$2,826
Apr 20200014.751.80$0
Mar 2020168030.341.86$5,097
Feb 2020178049.881.98$8,879
Jan 2020177057.252.09$10,133
Dec 20190059.012.30$0
Nov 2019166055.302.75$9,180
Oct 2019175053.472.42$9,357
Sep 2019173055.052.66$9,524
Aug 2019143053.112.30$7,595
Jul 20190056.272.46$0
Jun 2019289052.782.49$15,253
May 2019147058.482.74$8,597
Apr 2019141062.632.75$8,831
Mar 2019146056.803.06$8,293
Feb 2019152050.852.79$7,729
Jan 2019153046.033.23$7,043
Dec 2018145046.594.19$6,756
Nov 2018158052.934.24$8,363
Oct 2018143061.443.40$8,786
Sep 2018155059.543.11$9,229
Aug 2018149059.403.07$8,851
Jul 2018142065.142.93$9,250
Jun 2018143060.183.08$8,606
May 2018146065.382.90$9,545
Apr 2018147063.842.90$9,384
Mar 2018161061.222.79$9,856
Feb 2018154061.782.77$9,514
Jan 201814114662.874.01$9,450
Dec 2017020957.272.92$611
Nov 201713816455.423.12$8,159
Oct 201729528549.292.98$15,391
Sep 2017030147.523.09$929
Aug 201715533945.373.00$8,051
Jul 201715435543.873.09$7,852
Jun 201715834842.493.09$7,788
May 201731734845.373.26$15,518
Apr 2017033847.933.21$1,086
Mar 201732137146.772.98$16,120
Feb 201715529450.452.95$8,688
Jan 201715931749.413.42$8,940
Dec 201616633848.763.72$9,352
Nov 201615431242.492.64$7,369
Oct 201615631346.193.09$8,173
Sep 201615236441.553.10$7,444
Aug 201615736641.442.92$7,576
Jul 201616036241.622.92$7,718
Jun 201615038845.352.69$7,845
May 201616342342.521.99$7,773
Apr 201617038936.561.99$6,990
Mar 201616340733.011.79$6,111
Feb 201616337926.472.06$5,097
Jan 201631840527.352.36$9,655
Dec 201516541932.362.00$6,178
Nov 201516638638.792.17$7,276
Oct 201534141243.552.43$15,850
Sep 2015041742.992.76$1,150
Aug 201531041640.162.87$13,645
Jul 201510842548.152.95$6,452
Jun 201533140656.152.88$19,756
May 201517339655.212.96$10,722
Apr 201516839449.822.71$9,436
Mar 201534340942.892.93$15,912
Feb 201517040044.662.98$8,783
Jan 2015229243.433.10$992
Dec 201434945754.693.59$20,728
Nov 201417444270.464.25$14,139
Oct 201417138378.303.90$14,883
Sep 201452933786.164.05$46,942
Aug 201417139389.394.04$16,871
Jul 2014050196.564.18$2,094
Jun 201434451498.164.74$36,202
May 201434354094.734.73$35,045
Apr 2014054095.944.81$2,597
Mar 201434056295.895.06$35,445
Feb 201417653397.406.19$20,443
Jan 201446166690.404.86$44,912
Dec 201334630491.824.35$33,093
Nov 201317230688.853.74$16,426
Oct 201317132197.423.78$17,872
Sep 2013170371104.113.72$19,078
Aug 2013171403104.253.52$19,246
Jul 2013471384102.523.72$49,715
Jun 201317314994.403.93$16,917
May 201334119794.834.15$33,154
Apr 201334130893.964.28$33,359
Mar 201351536193.623.91$49,627
Feb 201334633991.233.42$32,725
Jan 201352240791.603.42$49,207
Dec 2012045186.773.42$1,542
Nov 201247044186.953.62$42,465
Oct 201235246589.383.40$33,043
Sep 201267351394.672.92$65,210
Aug 201217067092.662.91$17,701
Jul 201268271385.133.02$60,212
Jun 201235473579.822.52$30,108
May 201251784791.612.49$49,470
Apr 20121,1681,152101.652.00$121,028
Mar 20120556105.052.22$1,235
Feb 20121650101.102.57$16,682
Jan 20120098.092.73$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.

Mar 2026 — as filed, then multipliedworked
Oil                  158 bbl  × $ 89.75 =    $14,181
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $14,181

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/42082 is the state's own key, not one this site invented.