STEPHENS FEE '6'

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 45300District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$36.4 M
Jul 2014 – May 2026
Value, last 12 filed months
$1.1 M
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
OilDisposition579,645 bbl$31,265,848
Casinghead gasProduction1,685,740 Mcf$5,165,289
Total$36,431,136

Wells on this lease (11)

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 32.0777, -102.1699. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

32.07704, -102.17025 · 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
45.5%
5 of 11 wells
With a plug date
45.5%
5 of 11 wells
Median depth
11,485 ft
11 wells filed one
Completion to plug
8.9 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
545.5%
A plug date is filed
545.5%
BothOn the schedule and plugged. Neither fact cancels the other.
545.5%
NeitherNo plug date, and not on the schedule.
654.5%

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

Total depth in feet, 11 of 11 wells. Median 11,485 ft, with the middle half between 11,452 and 11,527 ft; the shallowest is 11,378 ft and the deepest 12,040 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 11 wells, Jul 2014 – Nov 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 2014 – Nov 2021
11 of 11 wells
Plug dates filed
Jul 2022 – Feb 2026
5 of 11 wells; 6 filed none

Last completion to plug: a median of 8.9 years across the 5 wells that filed both dates, with the middle half between 8.4 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells

42-32939280112,040 ftNov 2021
42-329402241111,540 ftOct 2015Mar 2024Yes
42-32939986711,525 ftMar 2015
42-32939917811,450 ftMar 2015Feb 2024Yes
42-329398381011,425 ftFeb 2015Mar 2024Yes
42-32939816911,378 ftJan 2015
42-32939288611,453 ftOct 2014Feb 2026Yes
42-32939284511,528 ftSep 2014
42-32939282411,484 ftAug 2014
42-32939287311,497 ftAug 2014Jul 2022Yes
42-32939281211,485 ftJul 2014

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 (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

May 20266544,169106.413.05$82,290
Apr 20261,1566,25598.932.87$132,313
Mar 20261,4006,53689.753.15$146,235
Feb 20261,4073,85763.503.75$103,809
Jan 20261,1082,32259.138.00$84,087
Dec 20251,3922,74556.664.41$90,985
Nov 20259153,99658.593.93$69,300
Oct 20251,2204,56859.383.30$87,540
Sep 20258013,76362.743.08$61,833
Aug 20251,0623,67163.933.01$78,961
Jul 20251,3353,87166.743.32$101,931
Jun 20258922,85166.483.13$68,220
May 20255271,64060.553.23$37,211
Apr 20257772,73362.363.54$58,137
Mar 20251,2893,67067.704.27$102,930
Feb 20251,5703,59970.884.34$126,904
Jan 20252,1813,99474.324.28$179,181
Dec 20242,6474,75268.993.12$197,449
Nov 20242,5934,49869.052.20$188,935
Oct 20249732,30371.372.28$74,697
Sep 202462352269.612.36$44,601
Aug 20246011,44675.632.06$48,438
Jul 20242,4265,33179.932.15$205,354
Jun 20246181,01178.082.63$50,916
May 2024222078.812.20$17,496
Apr 20245216484.451.66$44,105
Mar 20242,0051,77580.301.55$163,744
Feb 20242,9223,32376.091.78$228,262
Jan 20243,0453,05773.023.30$232,427
Dec 202377791571.262.61$57,758
Nov 2023147077.892.81$11,450
Oct 202329614985.443.09$25,750
Sep 20237542,19989.042.74$73,151
Aug 20231,9886,15980.522.67$176,536
Jul 20231,8815,36974.852.64$154,977
Jun 20237493,76468.962.26$60,152
May 20231,6235,68670.622.23$127,281
Apr 20231,6936,69078.122.24$147,228
Mar 20231,9186,75572.852.39$155,892
Feb 20231,9176,11675.112.47$159,066
Jan 20231,8966,00376.533.39$165,437
Dec 20221,9675,53276.415.73$181,992
Nov 20221,9976,62885.005.65$207,168
Oct 20221,8796,86887.185.86$204,084
Sep 20222,1356,40184.888.16$233,475
Aug 20221,4605,49394.529.13$188,135
Jul 20222,0603,815101.587.54$238,028
Jun 20222,3413,187115.097.98$294,849
May 20221,0371,997109.378.43$130,257
Apr 20221,9466,276104.226.84$245,725
Mar 20222,1738,403108.885.08$279,253
Feb 20221,9677,71091.054.86$216,557
Jan 20222,3328,15581.844.54$227,856
Dec 20212,4899,16371.323.90$213,243
Nov 20212,0997,66977.435.24$202,687
Oct 20212,3519,34879.795.71$241,000
Sep 20212,0138,67869.865.35$187,063
Aug 20212,6778,70666.024.22$213,480
Jul 20212,9086,81470.783.98$232,962
Jun 20212,1035,10069.493.38$163,379
May 20212,6196,52663.483.02$185,947
Apr 20212,4245,08160.362.76$160,328
Mar 20211,9867,23461.302.72$141,396
Feb 20211,5884,67457.805.55$117,718
Jan 20212,7658,55650.412.81$163,428
Dec 20202,2328,26644.642.68$121,752
Nov 20201,6897,63538.772.71$86,147
Oct 20201,9428,69036.972.48$93,333
Sep 20201,9738,04837.091.99$89,202
Aug 20202,1389,84939.982.39$108,968
Jul 20202,0139,27738.371.83$94,170
Jun 20202,3579,58634.901.69$98,463
May 20201,9138,80916.921.81$48,354
Apr 20201,7358,67014.751.80$41,235
Mar 20202,2419,22730.341.86$85,119
Feb 20202,2085,15449.881.98$120,343
Jan 20202,5418,53257.252.09$163,345
Dec 20192,1618,41659.012.30$146,914
Nov 20192,6326,56955.302.75$163,619
Oct 20192,59911,22253.472.42$166,109
Sep 20192,9348,01655.052.66$182,817
Aug 20192,63810,42853.112.30$164,134
Jul 20193,22714,31356.272.46$216,794
Jun 20193,38214,77052.782.49$215,297
May 20193,67014,92858.482.74$255,529
Apr 20193,72714,49762.632.75$273,299
Mar 20193,91915,08756.803.06$268,797
Feb 20193,81214,14450.852.79$233,333
Jan 20194,93815,05146.033.23$275,883
Dec 20184,27612,30846.594.19$250,733
Nov 20183,93813,05552.934.24$263,756
Oct 20184,9024,57861.443.40$316,735
Sep 20184,32810,29859.543.11$289,695
Aug 20183,36212,64859.403.07$238,489
Jul 20183,48311,74865.142.93$261,326
Jun 20183,39812,79460.183.08$243,858
May 20183,52314,02665.382.90$271,020
Apr 20183,69113,79063.842.90$275,635
Mar 20184,19213,38461.222.79$293,933
Feb 20182,97311,78761.782.77$216,276
Jan 20183,02212,42762.874.01$239,817
Dec 20173,93315,36357.272.92$270,126
Nov 20174,19216,22455.423.12$282,913
Oct 20175,21017,91749.292.98$310,259
Sep 20174,33717,64747.523.09$260,575
Aug 20174,72218,62545.373.00$270,194
Jul 20174,98819,85143.873.09$280,109
Jun 20174,90019,53642.493.09$268,514
May 20175,26420,29945.373.26$305,071
Apr 20175,01617,31747.933.21$296,032
Mar 20176,61618,05646.772.98$363,304
Feb 20175,27217,49550.452.95$317,628
Jan 20176,59719,87549.413.42$393,906
Dec 20166,74422,61348.763.72$413,022
Nov 20167,18623,78542.492.64$368,229
Oct 20167,11124,18446.193.09$403,192
Sep 20167,10624,06541.553.10$369,871
Aug 20167,94325,50041.442.92$403,729
Jul 20167,27325,76041.622.92$378,033
Jun 20168,77927,31845.352.69$471,499
May 20168,57125,68842.521.99$415,585
Apr 20167,57725,27036.561.99$327,329
Mar 201610,32927,70833.011.79$390,669
Feb 20168,58422,94226.472.06$274,562
Jan 201611,18025,39727.352.36$365,821
Dec 201510,20924,47232.362.00$379,342
Nov 201510,83227,55038.792.17$479,883
Oct 201510,99531,79043.552.43$555,973
Sep 201510,71432,84842.992.76$551,203
Aug 201514,23044,24940.162.87$698,582
Jul 201514,31444,96648.152.95$821,648
Jun 201514,29327,40056.152.88$881,542
May 201515,19838,04155.212.96$951,510
Apr 201516,13338,88249.822.71$908,983
Mar 201517,02936,39842.892.93$837,191
Feb 201511,30728,95944.662.98$591,158
Jan 201510,67118,92043.433.10$522,105
Dec 201412,92724,74154.693.59$795,831
Nov 201410,21615,45870.464.25$785,544
Oct 201411,07317,13678.303.90$933,863
Sep 20148,36713,06586.164.05$773,754
Aug 20145,6959,19089.394.04$546,159
Jul 20144661,07296.564.18$49,477

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                  654 bbl  × $106.41 =    $69,592
Casinghead gas     4,169 Mcf  × $  3.05 =    $12,698

────────────────────────────────────────────────────
Month total                                  $82,290

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/45300 is the state's own key, not one this site invented.