REED 1 A

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 47783District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$92.3 M
Dec 2015 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
126
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
OilDisposition1,427,823 bbl$76,941,235
Casinghead gasProduction4,480,369 Mcf$15,377,759
Total$92,318,994

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 32.4132, -101.6618. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.41316, -101.66168 · 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
8,232 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 7,846 and 8,439 ft, median 8,232 ft, over the 3 wells that filed a depth.

Completions filed
Oct 2016 – Mar 2023
3 of 3 wells

3 wells

42-227386181LS7,846 ftMar 2023
42-227386191WA8,232 ftDec 2020
42-227386561WB8,439 ftOct 2016

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 (126)

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

126 months

May 20261,92543,347106.413.05$336,867
Apr 20261,94241,76898.932.87$311,985
Mar 20261,95347,33989.753.15$324,373
Feb 20261,61536,86863.503.75$240,819
Jan 20262,16837,44059.138.00$427,636
Dec 20251,52243,13456.664.41$276,602
Nov 20251,63136,31958.593.93$238,165
Oct 20252,33844,16559.383.30$284,789
Sep 20251,63243,26162.743.08$235,502
Aug 202562733,30163.933.01$140,479
Jul 202562333,69066.743.32$153,268
Jun 202573833,75866.483.13$154,682
May 202582035,96260.553.23$165,892
Apr 20251,02735,59262.363.54$190,150
Mar 20251,25122,46267.704.27$180,568
Feb 20252,26243,00070.884.34$346,987
Jan 20251,61133,85074.324.28$264,563
Dec 20242,46627,86568.993.12$257,106
Nov 20242,70630,24569.052.20$253,341
Oct 20242,82340,69871.372.28$294,326
Sep 20242,51742,60169.612.36$275,932
Aug 20242,39049,54675.632.06$283,000
Jul 20242,57650,93779.932.15$315,241
Jun 20242,83846,56578.082.63$344,242
May 20243,43763,16578.812.20$409,734
Apr 20243,04445,20184.451.66$332,063
Mar 20243,46257,83180.301.55$367,355
Feb 20242,80544,64576.091.78$293,063
Jan 20243,14654,12573.023.30$408,207
Dec 20233,17252,25271.262.61$362,452
Nov 20233,40751,98777.892.81$411,328
Oct 20233,57258,07885.443.09$484,495
Sep 20233,55060,41289.042.74$481,321
Aug 20234,25162,35780.522.67$508,963
Jul 20234,20064,00974.852.64$483,469
Jun 20234,23557,69468.962.26$422,346
May 20234,70758,75170.622.23$463,270
Apr 20233,95548,86078.122.24$418,302
Mar 20232,29035,66572.852.39$252,179
Feb 20233,57747,32575.112.47$385,357
Jan 20234,17346,28576.533.39$476,160
Dec 20224,61049,93176.415.73$638,309
Nov 20224,27946,47285.005.65$626,105
Oct 20224,62945,70387.185.86$671,548
Sep 20224,13040,28884.888.16$679,453
Aug 20224,54846,66394.529.13$855,778
Jul 20224,70649,569101.587.54$851,889
Jun 20225,09643,459115.097.98$933,180
May 20225,53847,827109.378.43$1,009,018
Apr 20225,57247,272104.226.84$903,941
Mar 20226,12251,892108.885.08$929,988
Feb 20225,83941,88991.054.86$735,173
Jan 20226,24242,36681.844.54$703,089
Dec 20215,89640,88471.323.90$579,914
Nov 20215,68629,25077.435.24$593,445
Oct 20215,11724,46879.795.71$548,092
Sep 20213,50615,07369.865.35$325,584
Aug 20214,79631,61966.024.22$450,083
Jul 20217,46236,58270.783.98$673,833
Jun 20217,15227,48269.493.38$589,899
May 20215,90822,84363.483.02$443,972
Apr 20214,49816,01360.362.76$315,670
Mar 20212,91514,44961.302.72$217,947
Feb 20213,13520,77157.805.55$296,439
Jan 20218,36442,33550.412.81$540,602
Dec 20206,85431,75644.642.68$390,924
Nov 20206,21129,51038.772.71$320,671
Oct 20206,68627,66336.972.48$315,742
Sep 20206,44428,26637.091.99$295,287
Aug 20205,67530,78639.982.39$300,314
Jul 20206,51131,31538.371.83$306,981
Jun 20207,46128,29934.901.69$308,223
May 20208,59937,63416.921.81$213,791
Apr 202010,34840,43114.751.80$225,586
Mar 20209,58032,71530.341.86$351,384
Feb 20209,33829,77249.881.98$524,748
Jan 202011,79534,21557.252.09$746,935
Dec 201911,45534,46159.012.30$755,370
Nov 201912,99838,18055.302.75$823,811
Oct 201915,37234,72453.472.42$905,922
Sep 201912,70225,50855.052.66$767,027
Aug 201913,35924,75853.112.30$766,548
Jul 201912,01718,29356.272.46$721,198
Jun 20194,7644,83152.782.49$263,479
May 20194,76711,34558.482.74$309,863
Apr 201917,61437,31062.632.75$1,205,793
Mar 201918,66337,83756.803.06$1,175,919
Feb 201914,41528,21750.852.79$811,791
Jan 201916,79129,62946.033.23$868,537
Dec 201818,46429,19646.594.19$982,436
Nov 201818,72130,15152.934.24$1,118,660
Oct 201819,11522,84661.443.40$1,252,058
Sep 201822,93820,36559.543.11$1,429,023
Aug 20189,71215,93059.403.07$625,743
Jul 20186,9386,80865.142.93$471,902
Jun 2018216360.183.08$622
May 2018218065.382.90$14,253
Apr 201822,82127,28163.842.90$1,536,029
Mar 201825,96529,04261.222.79$1,670,513
Feb 201830,77933,00761.782.77$1,992,828
Jan 201828,34920,71162.874.01$1,865,339
Dec 201717,81112,00857.272.92$1,055,118
Nov 20175,3623,90855.423.12$309,349
Oct 20179,19215,72549.292.98$499,992
Sep 201736,61657,12447.523.09$1,916,350
Aug 201738,11652,48445.373.00$1,887,006
Jul 201739,20750,84143.873.09$1,876,971
Jun 201736,81149,13542.493.09$1,715,793
May 201750,39061,70345.373.26$2,487,556
Apr 201739,90147,90347.933.21$2,066,300
Mar 201760,92882,31146.772.98$3,095,192
Feb 201759,80168,50550.452.95$3,219,228
Jan 201768,85477,78349.413.42$3,668,001
Dec 201689,35092,29848.763.72$4,700,316
Nov 2016105,46992,73442.492.64$4,726,599
Oct 201684,84455,49746.193.09$4,090,445
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$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.

May 2026 — as filed, then multipliedworked
Oil                1,925 bbl  × $106.41 =   $204,839
Casinghead gas    43,347 Mcf  × $  3.05 =   $132,028

────────────────────────────────────────────────────
Month total                                 $336,867

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/47783 is the state's own key, not one this site invented.