PHILLIPS-HODNETT UNIT

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 47858District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$61.1 M
Jun 2016 – May 2026
Value, last 12 filed months
$3.7 M
at the published price for each month
Months reported
120
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
OilDisposition995,528 bbl$53,847,480
Casinghead gasProduction2,206,411 Mcf$7,234,220
Total$61,081,700

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 32.3642, -101.6459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.36427, -101.64570 · 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
8,165 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 7,748 and 8,380 ft, median 8,165 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2016
3 of 3 wells

3 wells

42-227386641LS7,748 ftJun 2016
42-227386661WB8,380 ftJun 2016
42-227386651WA8,165 ftJun 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 (120)

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

120 months

May 20262,14636,855106.413.05$340,610
Apr 20262,13236,86298.932.87$316,702
Mar 20262,51338,24589.753.15$345,992
Feb 20261,84622,14563.503.75$200,272
Jan 20263,50635,16059.138.00$488,517
Dec 20253,61428,37956.664.41$330,016
Nov 20252,14220,53758.593.93$206,137
Oct 20253,37829,80359.383.30$299,080
Sep 20253,92729,53862.743.08$337,266
Aug 20253,67828,02963.933.01$319,635
Jul 20252,59919,12466.743.32$236,857
Jun 20253,24827,05566.483.13$300,575
May 20253,66732,83460.553.23$328,167
Apr 20252,26923,10862.363.54$223,369
Mar 20252,90123,60167.704.27$297,134
Feb 20253,33221,03570.884.34$327,482
Jan 20254,16522,25774.324.28$404,773
Dec 20244,54118,59968.993.12$371,338
Nov 20243,88812,54869.052.20$296,052
Oct 20244,15612,13771.372.28$324,303
Sep 20244,24010,05369.612.36$318,915
Aug 20243,9357,59575.632.06$313,277
Jul 20242,4456,67779.932.15$209,762
Jun 202415331678.082.63$12,779
May 20240078.812.20$0
Apr 20243,63116,79884.451.66$334,509
Mar 20243,57815,40680.301.55$311,118
Feb 20242,5228,47776.091.78$207,019
Jan 20242,93911,43173.023.30$252,301
Dec 20233,35711,47771.262.61$269,183
Nov 20233,2748,42477.892.81$278,663
Oct 20234,12310,87485.443.09$385,840
Sep 20233,99911,77689.042.74$388,279
Aug 20233,23810,64680.522.67$289,179
Jul 20232,0393,10374.852.64$160,817
Jun 20233,8335,00768.962.26$275,632
May 20233,91017,97170.622.23$316,153
Apr 20232,88414,11678.122.24$256,886
Mar 20231,8792,50272.852.39$142,873
Feb 2023719275.112.47$999
Jan 20237394,33876.533.39$71,252
Dec 20221,6209,79376.415.73$179,889
Nov 20223,35411,75185.005.65$351,439
Oct 20224,02712,06487.185.86$421,814
Sep 20223,86711,58784.888.16$422,824
Aug 20224,10311,14194.529.13$489,501
Jul 20224,61410,869101.587.54$550,665
Jun 20223,95710,282115.097.98$537,433
May 20226,12511,018109.378.43$762,806
Apr 20224,0129,641104.226.84$484,052
Mar 20224,8278,233108.885.08$567,358
Feb 20223,9747,24191.054.86$397,016
Jan 20224,6698,16181.844.54$419,143
Dec 20214,2635,93971.323.90$327,194
Nov 20212,5281,55577.435.24$203,886
Oct 202153258579.795.71$45,791
Sep 20211,4142,50869.865.35$112,202
Aug 20213,2537,45066.024.22$246,206
Jul 20215,78613,01570.783.98$461,360
Jun 20212,9927,18369.493.38$232,197
May 20214,5469,47263.483.02$317,163
Apr 20215,66212,95260.362.76$377,485
Mar 20216,48113,82461.302.72$434,844
Feb 20214,99110,57257.805.55$347,133
Jan 20215,51010,98850.412.81$308,638
Dec 20206,17015,32944.642.68$316,441
Nov 20206,76313,57638.772.71$298,946
Oct 20206,33411,11536.972.48$261,716
Sep 20205,01010,03337.091.99$205,797
Aug 20205,15111,10439.982.39$232,421
Jul 20203,1288,02438.371.83$134,666
Jun 20206,34417,39534.901.69$250,809
May 20206,53119,64816.921.81$146,161
Apr 20206,23817,85414.751.80$124,226
Mar 20206,70918,25430.341.86$237,435
Feb 20206,01114,79949.881.98$329,141
Jan 20206,87916,54457.252.09$428,478
Dec 20196,31014,65659.012.30$406,126
Nov 20195,71612,68155.302.75$350,976
Oct 20197,53119,46053.472.42$449,747
Sep 20195,58413,27355.052.66$342,669
Aug 20197,33519,01453.112.30$433,377
Jul 20199,99428,05456.272.46$631,377
Jun 20198,72224,24152.782.49$520,736
May 20198,42920,53358.482.74$549,195
Apr 20199,44329,06562.632.75$671,364
Mar 20199,91119,17356.803.06$621,654
Feb 20198,74113,50450.852.79$482,186
Jan 201912,96619,78246.033.23$660,685
Dec 201810,2519,44646.594.19$517,130
Nov 20182,9431,57152.934.24$162,430
Oct 20184,0395,27161.443.40$266,067
Sep 20187941,17659.543.11$50,930
Aug 20187,36312,43759.403.07$475,501
Jul 20189,15617,23165.142.93$646,941
Jun 20189,88514,76960.183.08$640,322
May 20188,28516,21665.382.90$588,713
Apr 201811,40922,47763.842.90$793,552
Mar 201811,42319,20161.222.79$752,826
Feb 201813,00619,97461.782.77$858,761
Jan 201816,50224,13262.874.01$1,134,234
Dec 201717,95723,89757.272.92$1,098,213
Nov 201718,30815,77855.423.12$1,063,831
Oct 20176,6468,95049.292.98$354,285
Sep 20174,9586,87647.523.09$256,832
Aug 201711,23222,23145.373.00$576,387
Jul 201717,35841,48643.873.09$889,574
Jun 201717,59534,16542.493.09$853,088
May 201718,17931,94745.373.26$929,037
Apr 201718,56735,94747.933.21$1,005,364
Mar 201723,42844,71246.772.98$1,229,134
Feb 201721,98040,09550.452.95$1,227,276
Jan 201727,01347,65449.413.42$1,497,632
Dec 201630,29251,31548.763.72$1,668,075
Nov 201633,84454,22942.492.64$1,581,432
Oct 201640,45158,64646.193.09$2,049,663
Sep 201644,17652,87041.553.10$1,999,443
Aug 201654,83263,04041.442.92$2,456,588
Jul 201665,35670,15841.622.92$2,925,283
Jun 201628,87018,54945.352.69$1,359,074

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                2,146 bbl  × $106.41 =   $228,356
Casinghead gas    36,855 Mcf  × $  3.05 =   $112,254

────────────────────────────────────────────────────
Month total                                 $340,610

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/47858 is the state's own key, not one this site invented.