LEMONADE "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 43284District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.0 M
Feb 2012 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
172
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
OilDisposition28,810 bbl$1,935,483
Casinghead gasProduction27,269 Mcf$89,565
Total$2,025,049

Every month this lease reported (172)

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

172 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202670089.753.15$6,283
Feb 2026184063.503.75$11,684
Jan 2026181959.138.00$10,775
Dec 2025180056.664.41$10,199
Nov 2025176058.593.93$10,312
Oct 2025183059.383.30$10,867
Sep 2025175062.743.08$10,980
Aug 2025175063.933.01$11,188
Jul 2025187066.743.32$12,480
Jun 2025184066.483.13$12,232
May 2025174060.553.23$10,536
Apr 2025189062.363.54$11,786
Mar 2025354067.704.27$23,966
Feb 202517820270.884.34$13,493
Jan 2025355074.324.28$26,384
Dec 2024181068.993.12$12,487
Nov 2024358069.052.20$24,720
Oct 2024171071.372.28$12,204
Sep 2024351069.612.36$24,433
Aug 2024176075.632.06$13,311
Jul 2024340079.932.15$27,176
Jun 2024351078.082.63$27,406
May 2024332078.812.20$26,165
Apr 2024167084.451.66$14,103
Mar 2024162080.301.55$13,009
Feb 2024178076.091.78$13,544
Jan 2024174073.023.30$12,705
Dec 2023169071.262.61$12,043
Nov 20230077.892.81$0
Oct 2023169085.443.09$14,439
Sep 2023166089.042.74$14,781
Aug 2023158080.522.67$12,722
Jul 2023173074.852.64$12,949
Jun 20230068.962.26$0
May 20231723270.622.23$12,218
Apr 20231731778.122.24$13,553
Mar 20231653372.852.39$12,099
Feb 202303975.112.47$96
Jan 20231684076.533.39$12,993
Dec 2022012376.415.73$705
Nov 202217513885.005.65$15,654
Oct 202216913487.185.86$15,519
Sep 2022011184.888.16$906
Aug 202216715894.529.13$17,227
Jul 202216875101.587.54$17,631
Jun 20220164115.097.98$1,308
May 2022352191109.378.43$40,109
Apr 20220160104.226.84$1,094
Mar 2022332150108.885.08$36,910
Feb 2022015191.054.86$734
Jan 202216314681.844.54$14,002
Dec 202134116971.323.90$24,979
Nov 2021016577.435.24$864
Oct 202117017179.795.71$14,541
Sep 2021017569.865.35$936
Aug 20211729166.024.22$11,740
Jul 2021173070.783.98$12,245
Jun 202109669.493.38$325
May 202116630863.483.02$11,467
Apr 20213308860.362.76$20,162
Mar 20211702361.302.72$10,483
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020169044.642.68$7,544
Nov 2020169038.772.71$6,552
Oct 202004236.972.48$104
Sep 202001437.091.99$28
Aug 20201751439.982.39$7,030
Jul 202017312438.371.83$6,864
Jun 202009834.901.69$166
May 202016520616.921.81$3,166
Apr 2020010514.751.80$189
Mar 20203258130.341.86$10,011
Feb 202007949.881.98$156
Jan 202008557.252.09$178
Dec 20191779659.012.30$10,666
Nov 201909555.302.75$261
Oct 20191667053.472.42$9,045
Sep 201901355.052.66$35
Aug 20190053.112.30$0
Jul 2019023156.272.46$568
Jun 201928824452.782.49$15,808
May 20191502158.482.74$8,830
Apr 2019148062.632.75$9,269
Mar 2019151056.803.06$8,577
Feb 2019149650.852.79$7,593
Jan 2019142046.033.23$6,536
Dec 201815214746.594.19$7,697
Nov 201815235852.934.24$9,562
Oct 201814835761.443.40$10,306
Sep 201814931859.543.11$9,860
Aug 201814338959.403.07$9,687
Jul 201814430965.142.93$10,286
Jun 201814025660.183.08$9,213
May 201813935065.382.90$10,103
Apr 201816333663.842.90$11,381
Mar 201830636661.222.79$19,753
Feb 201815232761.782.77$10,295
Jan 201813636262.874.01$10,002
Dec 201713736357.272.92$8,907
Nov 201715037955.423.12$9,495
Oct 201729340549.292.98$15,650
Sep 201712243247.523.09$7,131
Aug 201715444645.373.00$8,327
Jul 201731547643.873.09$15,289
Jun 2017043742.493.09$1,349
May 201731044845.373.26$15,527
Apr 201716142547.933.21$9,082
Mar 201715243346.772.98$8,401
Feb 201717538250.452.95$9,957
Jan 201715542949.413.42$9,125
Dec 201632843148.763.72$17,598
Nov 201615645142.492.64$7,821
Oct 201615744246.193.09$8,618
Sep 201632144041.553.10$14,702
Aug 201614946241.442.92$7,526
Jul 201615236741.622.92$7,399
Jun 201626941945.352.69$13,325
May 201615942542.521.99$7,607
Apr 201616132736.561.99$6,537
Mar 201616529933.011.79$5,983
Feb 201634030326.472.06$9,625
Jan 201616134727.352.36$5,224
Dec 201532236832.362.00$11,156
Nov 201533644238.792.17$13,991
Oct 201516258343.552.43$8,470
Sep 201548488142.992.76$23,237
Aug 20153121,05040.162.87$15,546
Jul 201516510348.152.95$8,248
Jun 201533916756.152.88$19,516
May 20151619355.212.96$9,164
Apr 201504949.822.71$133
Mar 20151739142.892.93$7,687
Feb 201507544.662.98$223
Jan 20151685843.433.10$7,476
Dec 201417113054.693.59$9,819
Nov 2014015970.464.25$676
Oct 201433816978.303.90$27,125
Sep 201409786.164.05$392
Aug 201417115889.394.04$15,923
Jul 201411925496.564.18$12,552
Jun 201417317498.164.74$17,806
May 201416614494.734.73$16,406
Apr 2014014595.944.81$697
Mar 201417414395.895.06$17,408
Feb 201416712197.406.19$17,015
Jan 201417316890.404.86$16,456
Dec 201317213091.824.35$16,359
Nov 201317313288.853.74$15,865
Oct 201317215297.423.78$17,331
Sep 20130111104.113.72$413
Aug 201317274104.253.52$18,192
Jul 201316638102.523.72$17,160
Jun 20131691494.403.93$16,009
May 20131712194.834.15$16,303
Apr 20133412793.964.28$32,156
Mar 20131755393.623.91$16,591
Feb 20131775691.233.42$16,339
Jan 20133485591.603.42$32,065
Dec 201207086.773.42$239
Nov 20123439486.953.62$30,165
Oct 20123357889.383.40$30,207
Sep 20121764794.672.92$16,799
Aug 201233711192.662.91$31,549
Jul 2012117385.133.02$608
Jun 201251437679.822.52$41,975
May 201251347491.612.49$48,175
Apr 2012518524101.652.00$53,701
Mar 2012311105.052.22$340
Feb 201200101.102.57$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                   70 bbl  × $ 89.75 =     $6,283
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $6,283

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/43284 is the state's own key, not one this site invented.