PATRICIA LANDS

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 46104District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$3.8 M
Feb 2015 – Feb 2020
Value, last 12 filed months
$448 k
at the published price for each month
Months reported
61
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
OilDisposition75,491 bbl$3,715,975
Casinghead gasProduction27,025 Mcf$81,952
Total$3,797,927

Every month this lease reported (61)

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

61 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20191,19158955.052.66$67,130
Aug 201993252753.112.30$50,713
Jul 20191,22255556.272.46$70,127
Jun 201961445852.782.49$33,548
May 20191,50346458.482.74$89,167
Apr 20191,10245262.632.75$70,262
Mar 20191,16343056.803.06$67,375
Feb 20191,06649850.852.79$55,597
Jan 20191,15763246.033.23$55,297
Dec 20181,18933146.594.19$56,781
Nov 20181,10541952.934.24$60,263
Oct 20181,30271461.443.40$82,421
Sep 20189521,10559.543.11$60,116
Aug 20181,4471,05459.403.07$89,184
Jul 20181,28776865.142.93$86,087
Jun 201878975760.183.08$49,811
May 20181,4171,81065.382.90$97,894
Apr 20181,1801,52463.842.90$79,752
Mar 20181,3231,42861.222.79$84,974
Feb 20181,74677061.782.77$109,998
Jan 20181,3381,61362.874.01$90,587
Dec 20171,6124,05157.272.92$104,154
Nov 2017219055.423.12$12,137
Oct 201757028549.292.98$28,946
Sep 20171,31768247.523.09$64,689
Aug 20171,21991645.373.00$58,058
Jul 20171,13981643.873.09$52,487
Jun 201785940942.493.09$37,762
May 201775659445.373.26$36,238
Apr 20171,09756947.933.21$54,407
Mar 20171,41139046.772.98$67,156
Feb 20171,311050.452.95$66,140
Jan 20171,810049.413.42$89,432
Dec 20161,18911248.763.72$58,393
Nov 20161,25984542.492.64$55,729
Oct 20161,48345846.193.09$69,915
Sep 20162041.553.10$83
Aug 2016261041.442.92$10,816
Jul 20161,118041.622.92$46,531
Jun 20161,261045.352.69$57,186
May 20161,295042.521.99$55,063
Apr 2016186036.561.99$6,800
Mar 2016982033.011.79$32,416
Feb 20161,288026.472.06$34,093
Jan 20161,782027.352.36$48,738
Dec 20151,202032.362.00$38,897
Nov 20151,232038.792.17$47,789
Oct 20151,420043.552.43$61,841
Sep 20152,457042.992.76$105,626
Aug 20152,145040.162.87$86,143
Jul 20152,124048.152.95$102,271
Jun 20152,266056.152.88$127,236
May 20151,881055.212.96$103,850
Apr 20153,323049.822.71$165,552
Mar 20154,466042.892.93$191,547
Feb 20152,524044.662.98$112,722

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.

Sep 2019 — as filed, then multipliedworked
Oil                1,191 bbl  × $ 55.05 =    $65,565
Casinghead gas       589 Mcf  × $  2.66 =     $1,565

────────────────────────────────────────────────────
Month total                                  $67,130

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/46104 is the state's own key, not one this site invented.