KENT CO. 265-22

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 43588District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.9 M
Sep 2012 – Jul 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
143
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
OilDisposition26,559 bbl$1,870,847
Casinghead gasProduction11,739 Mcf$42,645
Total$1,913,491

Every month this lease reported (143)

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

143 months

Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202013057.252.09$744
Dec 2019124359.012.30$7,324
Nov 20191292755.302.75$7,208
Oct 20191632153.472.42$8,766
Sep 20191292355.052.66$7,163
Aug 20191303253.112.30$6,978
Jul 2019822356.272.46$4,671
Jun 2019981552.782.49$5,210
May 20191332858.482.74$7,855
Apr 20191334662.632.75$8,456
Mar 20192466756.803.06$14,178
Feb 20191557650.852.79$8,094
Jan 20192272946.033.23$10,542
Dec 20182492746.594.19$11,714
Nov 20182332752.934.24$12,447
Oct 20181173161.443.40$7,294
Sep 20181292659.543.11$7,761
Aug 20181322959.403.07$7,930
Jul 2018803065.142.93$5,299
Jun 20181793060.183.08$10,865
May 20181663465.382.90$10,952
Apr 20181492863.842.90$9,593
Mar 20181522361.222.79$9,370
Feb 2018712961.782.77$4,467
Jan 20181994262.874.01$12,680
Dec 2017772257.272.92$4,474
Nov 20172514655.423.12$14,054
Oct 20171795349.292.98$8,981
Sep 20171434447.523.09$6,931
Aug 20172085345.373.00$9,596
Jul 20172446543.873.09$10,905
Jun 20171916842.493.09$8,326
May 20172766745.373.26$12,741
Apr 20171695947.933.21$8,290
Mar 20172247646.772.98$10,703
Feb 201722310350.452.95$11,554
Jan 201712810549.413.42$6,683
Dec 20161481348.763.72$7,265
Nov 20161945942.492.64$8,399
Oct 20162196246.193.09$10,307
Sep 20161444841.553.10$6,132
Aug 20162704941.442.92$11,332
Jul 20162126741.622.92$9,019
Jun 201620811545.352.69$9,742
May 201626415142.521.99$11,526
Apr 201627610436.561.99$10,298
Mar 201635714033.011.79$12,036
Feb 201639310726.472.06$10,624
Jan 20163679927.352.36$10,272
Dec 20152486132.362.00$8,147
Nov 20152567638.792.17$10,095
Oct 20152817043.552.43$12,407
Sep 201529410342.992.76$12,923
Aug 20153027640.162.87$12,347
Jul 201548112448.152.95$23,525
Jun 201553913056.152.88$30,640
May 201526217455.212.96$14,979
Apr 20152128049.822.71$10,778
Mar 2015349042.892.93$14,969
Feb 201531212844.662.98$14,315
Jan 20152426743.433.10$10,718
Dec 20143995854.693.59$22,030
Nov 20144416170.464.25$31,332
Oct 201411811778.303.90$9,696
Sep 20141562286.164.05$13,530
Aug 201428812689.394.04$26,253
Jul 201439015396.564.18$38,298
Jun 201439112598.164.74$38,973
May 201431413294.734.73$30,369
Apr 201448720695.944.81$47,713
Mar 201446827895.895.06$46,282
Feb 201445629397.406.19$46,229
Jan 201435320490.404.86$32,903
Dec 201344417391.824.35$41,521
Nov 201336212288.853.74$32,620
Oct 201362818297.423.78$61,868
Sep 2013602624104.113.72$64,994
Aug 2013502626104.253.52$54,539
Jul 2013623629102.523.72$66,208
Jun 201360466394.403.93$59,625
May 201364663994.834.15$63,911
Apr 201356855893.964.28$55,759
Mar 201359855293.623.91$58,145
Feb 201354956691.233.42$52,021
Jan 20131,08649491.603.42$101,167
Dec 201273733786.773.42$65,102
Nov 20121,58013686.953.62$137,874
Oct 201205389.383.40$180
Sep 20128094.672.92$757

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.

Jan 2020 — as filed, then multipliedworked
Oil                   13 bbl  × $ 57.25 =       $744
Casinghead gas         0 Mcf  × $  2.09 =         $0

────────────────────────────────────────────────────
Month total                                     $744

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/43588 is the state's own key, not one this site invented.