GIST

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 42494District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.5 M
Nov 2011 – Aug 2015
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
46
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
OilDisposition26,492 bbl$2,392,046
Casinghead gasProduction22,784 Mcf$78,684
Total$2,470,729

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 31.9508, -102.3924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.95078, -102.39244 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
10,638 ft
2 wells filed one
Completion to plug
2.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,315 and 10,961 ft, median 10,638 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2011 – Apr 2012
2 of 2 wells
Plug dates filed
Jan 2014 – Jul 2015
2 of 2 wells

Last completion to plug: a median of 2.8 years across the 2 wells that filed both dates, with the middle half between 2.3 years and 3.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-13541466341010,315 ftApr 2012Jan 2014Yes
42-13541256340110,961 ftNov 2011Jul 2015Yes

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 (46)

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

46 months

Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201581056.152.88$4,548
May 20150155.212.96$3
Apr 2015180249.822.71$8,973
Mar 2015365042.892.93$15,655
Feb 20153221044.662.98$2,054
Jan 20152620943.433.10$1,777
Dec 20141662354.693.59$9,161
Nov 20147070.464.25$493
Oct 20142075378.303.90$16,415
Sep 201434720386.164.05$30,719
Aug 201433827089.394.04$31,303
Jul 201419929796.564.18$20,457
Jun 201435128598.164.74$35,804
May 201420021694.734.73$19,967
Apr 201420011995.944.81$19,760
Mar 201436214895.895.06$35,461
Feb 201419412297.406.19$19,651
Jan 201435210890.404.86$32,346
Dec 201339913291.824.35$37,211
Nov 201353326588.853.74$48,348
Oct 201354858197.423.78$55,582
Sep 2013387334104.113.72$41,532
Aug 2013551242104.253.52$58,294
Jul 2013710640102.523.72$75,169
Jun 201338753094.403.93$38,618
May 20137123,40194.834.15$81,630
Apr 20131,17582493.964.28$113,932
Mar 201340174093.623.91$40,437
Feb 20131,09374491.233.42$102,259
Jan 20131,32493991.603.42$124,490
Dec 20121,4531,19086.773.42$130,147
Nov 20121,13159286.953.62$100,486
Oct 20121,29592589.383.40$118,892
Sep 20121,2891,46194.672.92$126,293
Aug 20121,2751,29292.662.91$121,899
Jul 20121,7981,13485.133.02$156,489
Jun 20122,3401,14079.822.52$189,651
May 20121,10775891.612.49$103,298
Apr 2012549527101.652.00$56,858
Mar 201216146105.052.22$2,005
Feb 2012366358101.102.57$37,923
Jan 20121,6621,46798.092.73$167,036
Dec 201138415696.873.24$37,703
Nov 20110095.723.31$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 2015 — as filed, then multipliedworked
Oil                   81 bbl  × $ 56.15 =     $4,548
Casinghead gas         0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $4,548

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/42494 is the state's own key, not one this site invented.