MCRAE FARM 2

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 43017District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$6.2 M
Jan 2012 – May 2026
Value, last 12 filed months
$440 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
OilDisposition61,408 bbl$4,185,836
Casinghead gasProduction517,181 Mcf$2,002,911
Total$6,188,747

Wells on this lease (3)

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 32.0425, -102.3004. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.04234, -102.30082 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
11,650 ft
3 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.
3100.0%

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 11,650 and 11,680 ft, median 11,650 ft, over the 3 wells that filed a depth.

Completions filed
Sep 2012 – Mar 2014
3 of 3 wells

3 wells

42-13541081111,650 ftMar 2014
42-13541082311,650 ftJul 2013
42-13541084411,680 ftSep 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 (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 2026354978106.413.05$40,648
Apr 202637096498.932.87$39,371
Mar 202654098289.753.15$51,558
Feb 202619575963.503.75$15,229
Jan 20265491,15159.138.00$41,668
Dec 20255581,13356.664.41$36,617
Nov 20253531,18358.593.93$25,327
Oct 20257561,91359.383.30$51,213
Sep 20251,1121,94662.743.08$75,755
Aug 202594276263.933.01$62,519
Jul 202503966.743.32$129
Jun 20250066.483.13$0
May 20250160.553.23$3
Apr 20251834262.363.54$11,561
Mar 202503067.704.27$128
Feb 2025183070.884.34$12,971
Jan 20250074.324.28$0
Dec 202418616368.993.12$13,341
Nov 20241893669.052.20$13,130
Oct 20241884371.372.28$13,516
Sep 20240069.612.36$0
Aug 2024181075.632.06$13,689
Jul 2024162079.932.15$12,949
Jun 2024179078.082.63$13,976
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024183480.301.55$14,701
Feb 2024023676.091.78$421
Jan 202417245373.023.30$14,053
Dec 2023015671.262.61$407
Nov 2023012477.892.81$348
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023175080.522.67$14,091
Jul 2023011774.852.64$309
Jun 20230068.962.26$0
May 2023044370.622.23$987
Apr 202308678.122.24$192
Mar 202307872.852.39$187
Feb 202306675.112.47$163
Jan 202305076.533.39$169
Dec 20221714476.415.73$13,318
Nov 202206485.005.65$361
Oct 202205487.185.86$317
Sep 202205084.888.16$408
Aug 202205094.529.13$456
Jul 2022029101.587.54$219
Jun 2022353338115.097.98$43,323
May 202218191109.378.43$20,563
Apr 2022166145104.226.84$18,292
Mar 20220200108.885.08$1,015
Feb 20223339391.054.86$30,772
Jan 2022016681.844.54$753
Dec 2021051171.323.90$1,992
Nov 2021036377.435.24$1,901
Oct 202117651279.795.71$16,969
Sep 2021057869.865.35$3,093
Aug 2021083166.024.22$3,507
Jul 202135682370.783.98$28,475
Jun 202137359069.493.38$27,914
May 2021065663.483.02$1,980
Apr 202117875660.362.76$12,829
Mar 202134988561.302.72$23,798
Feb 2021080957.805.55$4,488
Jan 20213661,25550.412.81$21,977
Dec 20203621,30544.642.68$19,651
Nov 20203641,37738.772.71$17,839
Oct 202001,54536.972.48$3,829
Sep 20207071,86437.091.99$29,934
Aug 20201801,25239.982.39$10,183
Jul 20203591,77838.371.83$17,020
Jun 20207231,76934.901.69$28,223
May 20201822,40716.921.81$7,448
Apr 20203561,91314.751.80$8,703
Mar 20207331,20430.341.86$24,474
Feb 202018397249.881.98$11,053
Jan 2020091057.252.09$1,906
Dec 201916693659.012.30$11,953
Nov 201916489555.302.75$11,531
Oct 2019072453.472.42$1,751
Sep 201917277555.052.66$11,528
Aug 2019075553.112.30$1,740
Jul 20191701,17156.272.46$12,447
Jun 20191711,11652.782.49$11,806
May 20191601,45858.482.74$13,352
Apr 201932296762.632.75$22,827
Mar 201901,22656.803.06$3,754
Feb 20191741,09350.852.79$11,900
Jan 201917876246.033.23$10,653
Dec 20189033,27546.594.19$55,778
Nov 201817398252.934.24$13,318
Oct 2018092261.443.40$3,133
Sep 20183631,69659.543.11$26,884
Aug 20181791,42559.403.07$15,002
Jul 201853359165.142.93$36,452
Jun 201817879760.183.08$13,164
May 201818173865.382.90$13,975
Apr 201801,05563.842.90$3,060
Mar 20181851,24161.222.79$14,784
Feb 201801,19961.782.77$3,317
Jan 20183611,35462.874.01$28,125
Dec 20171801,11557.272.92$13,566
Nov 20173621,44955.423.12$24,581
Oct 20177141,90949.292.98$40,889
Sep 201701,40747.523.09$4,344
Aug 20173261,63745.373.00$19,709
Jul 20171781,75743.873.09$13,233
Jun 20171791,37342.493.09$11,845
May 20173591,90445.373.26$22,501
Apr 20173601,30047.933.21$21,430
Mar 20175401,47146.772.98$29,645
Feb 20171841,12050.452.95$12,590
Jan 20171851,39949.413.42$13,924
Dec 20163671,54648.763.72$23,650
Nov 201601,46942.492.64$3,885
Oct 20164952,39246.193.09$30,256
Sep 20161822,97941.553.10$16,799
Aug 20165423,38141.442.92$32,348
Jul 20167223,27941.622.92$39,639
Jun 20163603,09845.352.69$24,647
May 20165423,10642.521.99$29,230
Apr 20167243,07736.561.99$32,596
Mar 20165443,18233.011.79$23,666
Feb 20167323,01426.472.06$25,596
Jan 20161,2643,40127.352.36$42,612
Dec 20157193,25632.362.00$29,783
Nov 20151781,44438.792.17$10,034
Oct 201502,11443.552.43$5,130
Sep 20153532,70442.992.76$22,634
Aug 20153523,18340.162.87$23,279
Jul 20153583,76648.152.95$28,329
Jun 201502,32556.152.88$6,703
May 20157224,20155.212.96$52,277
Apr 20157403,98449.822.71$47,650
Mar 20157653,72642.892.93$43,746
Feb 20154823,59244.662.98$32,217
Jan 20151,1464,25643.433.10$62,967
Dec 201497514,57354.693.59$105,660
Nov 201474518,67270.464.25$131,883
Oct 20141,24330,65278.303.90$216,899
Sep 201497725,02986.164.05$185,432
Aug 201499325,44489.394.04$191,434
Jul 20141,62422,11296.564.18$249,233
Jun 2014634180,24598.164.74$916,032
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20135302,85694.403.93$61,266
May 20137913,35394.834.15$88,922
Apr 20135883,18893.964.28$68,901
Mar 20137903,39993.623.91$87,260
Feb 20138512,21091.233.42$85,195
Jan 20139712,74291.603.42$98,321
Dec 20129133,06086.773.42$89,687
Nov 20121,2392,53186.953.62$116,906
Oct 20129362,11289.383.40$90,840
Sep 20129512,44094.672.92$97,152
Aug 20121,8923,91492.662.91$186,695
Jul 20122,0493,19485.133.02$184,080
Jun 201257769179.822.52$47,797
May 20122,8883,44991.612.49$273,152
Apr 20127091,087101.652.00$74,240
Mar 20122,091326105.052.22$220,384
Feb 20120168101.102.57$432
Jan 2012113898.092.73$475

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                  354 bbl  × $106.41 =    $37,669
Casinghead gas       978 Mcf  × $  3.05 =     $2,979

────────────────────────────────────────────────────
Month total                                  $40,648

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/43017 is the state's own key, not one this site invented.