GRAVES '27'

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 42948District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.0 M
Aug 2012 – May 2026
Value, last 12 filed months
$531 k
at the published price for each month
Months reported
166
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
OilDisposition120,737 bbl$8,476,757
Casinghead gasProduction147,900 Mcf$497,064
Total$8,973,821

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 32.1085, -101.8020. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.10851, -101.80200 · 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
10,745 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 10,743 and 10,747 ft, median 10,745 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2012 – Oct 2012
2 of 2 wells

2 wells

42-31737700210,743 ftOct 2012
42-31737663110,747 ftAug 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 (166)

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

166 months

May 2026537598106.413.05$58,964
Apr 202653958198.932.87$54,991
Mar 202653059189.753.15$49,429
Feb 202673748263.503.75$48,607
Jan 202638252759.138.00$26,803
Dec 202556855656.664.41$34,637
Nov 202576458558.593.93$47,060
Oct 202573366559.383.30$45,723
Sep 202537461162.743.08$25,345
Aug 202573565763.933.01$48,969
Jul 202554565866.743.32$38,555
Jun 202574867866.483.13$51,848
May 202553273560.553.23$34,588
Apr 202571267262.363.54$46,781
Mar 202589395367.704.27$64,524
Feb 202573988670.884.34$56,226
Jan 20257411,11974.324.28$59,859
Dec 202474673768.993.12$53,767
Nov 20245421,08669.052.20$39,813
Oct 20241,09372171.372.28$79,652
Sep 202488672069.612.36$63,377
Aug 20241,10690775.632.06$85,518
Jul 202455029879.932.15$44,601
Jun 2024036178.082.63$951
May 202472175478.812.20$58,480
Apr 202490480984.451.66$77,685
Mar 202490478280.301.55$73,799
Feb 202491073576.091.78$70,553
Jan 202473084573.023.30$56,091
Dec 20231,10787171.262.61$81,159
Nov 202373493277.892.81$59,788
Oct 20231,09281085.443.09$95,801
Sep 20231,08979589.042.74$99,139
Aug 202318517580.522.67$15,364
Jul 202372758074.852.64$55,948
Jun 20231,06472168.962.26$75,002
May 20231,08656370.622.23$77,947
Apr 202354530878.122.24$43,265
Mar 202334819172.852.39$25,809
Feb 202388921275.112.47$67,296
Jan 202370730176.533.39$55,126
Dec 202272117976.415.73$56,117
Nov 202237734185.005.65$33,970
Oct 202235018887.185.86$31,615
Sep 202254436884.888.16$49,179
Aug 202292350994.529.13$91,888
Jul 2022730192101.587.54$75,601
Jun 2022337186115.097.98$40,269
May 2022358217109.378.43$40,984
Apr 2022356242104.226.84$38,757
Mar 2022188104108.885.08$20,997
Feb 202254019191.054.86$50,095
Jan 202253719181.844.54$44,815
Dec 202134019371.323.90$25,001
Nov 202136824177.435.24$29,756
Oct 202135422179.795.71$29,508
Sep 202151736169.865.35$38,049
Aug 202153542766.024.22$37,123
Jul 202152752070.783.98$39,372
Jun 202169957369.493.38$50,511
May 202169961363.483.02$46,222
Apr 202166857860.362.76$41,915
Mar 202168447361.302.72$43,214
Feb 202168948557.805.55$42,515
Jan 202185677550.412.81$45,329
Dec 202084875844.642.68$39,883
Nov 202071269838.772.71$29,493
Oct 202016625936.972.48$6,779
Sep 202082889637.091.99$32,494
Aug 202032535739.982.39$13,845
Jul 202017228738.371.83$7,123
Jun 202034036734.901.69$12,486
May 2020021016.921.81$381
Apr 202070363814.751.80$11,520
Mar 202033664530.341.86$11,392
Feb 202053458149.881.98$27,787
Jan 202052066057.252.09$31,153
Dec 201952470459.012.30$32,544
Nov 201952472055.302.75$30,958
Oct 201951280653.472.42$29,326
Sep 201949879755.052.66$29,533
Aug 201968187653.112.30$38,187
Jul 201932984656.272.46$20,594
Jun 201972275452.782.49$39,986
May 201951384658.482.74$32,319
Apr 201931065362.632.75$21,212
Mar 201962875156.803.06$37,970
Feb 201967178650.852.79$36,315
Jan 201947375646.033.23$24,213
Dec 201849674746.594.19$26,235
Nov 201863878552.934.24$37,096
Oct 201847416761.443.40$29,690
Sep 201848760159.543.11$30,864
Aug 201861381959.403.07$38,924
Jul 20186141,00265.142.93$42,934
Jun 201860965360.183.08$38,659
May 201862175765.382.90$42,797
Apr 201848678663.842.90$33,306
Mar 201861751161.222.79$39,197
Feb 201849430361.782.77$31,357
Jan 201866754562.874.01$44,119
Dec 201749677557.272.92$30,670
Nov 201761053755.423.12$35,481
Oct 201749169749.292.98$26,281
Sep 201762870447.523.09$32,016
Aug 201747785645.373.00$24,213
Jul 201765999143.873.09$31,970
Jun 201749389542.493.09$23,711
May 201748177845.373.26$24,362
Apr 201747798347.933.21$26,020
Mar 20178101,19146.772.98$41,437
Feb 201752194650.452.95$29,078
Jan 20176881,08149.413.42$37,690
Dec 20164921,05248.763.72$27,906
Nov 20166541,05942.492.64$30,589
Oct 20166511,20446.193.09$33,790
Sep 20166991,15441.553.10$32,622
Aug 20164921,26441.442.92$24,085
Jul 20165561,24541.622.92$26,782
Jun 20166761,20845.352.69$33,901
May 20166561,29942.521.99$30,479
Apr 20166841,19436.561.99$27,384
Mar 20166691,24933.011.79$24,324
Feb 201665877326.472.06$19,012
Jan 201676042927.352.36$21,800
Dec 201564739032.362.00$21,717
Nov 201568140638.792.17$27,296
Oct 201565663043.552.43$30,098
Sep 20158051,07342.992.76$37,567
Aug 20156581,39740.162.87$30,438
Jul 20158061,57448.152.95$43,444
Jun 20157951,16356.152.88$47,992
May 20156771,72355.212.96$42,469
Apr 20159751,45549.822.71$52,513
Mar 20158241,56342.892.93$39,928
Feb 20156771,43744.662.98$34,512
Jan 20158211,54243.433.10$40,437
Dec 20148571,62254.693.59$52,695
Nov 20148391,18870.464.25$64,167
Oct 20141,0331,38478.303.90$86,283
Sep 201482881286.164.05$74,625
Aug 20148381,15089.394.04$79,549
Jul 20148561,72596.564.18$89,865
Jun 20141,0241,15798.164.74$105,996
May 201469390294.734.73$69,911
Apr 20141,0141,59695.944.81$104,959
Mar 20148431,46995.895.06$88,264
Feb 20141,0261,76197.406.19$110,837
Jan 20141,2062,15490.404.86$119,492
Dec 20131,0032,28491.824.35$102,041
Nov 20131,3802,22088.853.74$130,912
Oct 20131,8642,80097.423.78$192,173
Sep 20131,6913,036104.113.72$187,337
Aug 2013830628104.253.52$88,740
Jul 2013675436102.523.72$70,822
Jun 201385494594.403.93$84,335
May 20131,16381694.834.15$113,673
Apr 20132,0482,36593.964.28$202,558
Mar 20136971,20293.623.91$69,956
Feb 20131,7732,75991.233.42$171,186
Jan 20131,9242,63891.603.42$185,260
Dec 20123,1423,63186.773.42$285,050
Nov 20122,2623,37486.953.62$208,912
Oct 20122,4432,95789.383.40$228,408
Sep 20121,3742,14394.672.92$136,331
Aug 2012136692.662.91$1,157

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                  537 bbl  × $106.41 =    $57,142
Casinghead gas       598 Mcf  × $  3.05 =     $1,821

────────────────────────────────────────────────────
Month total                                  $58,964

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/42948 is the state's own key, not one this site invented.