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RUSTY NAIL

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 48141District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$13.1 M
Oct 2016 – May 2026
Value, last 12 filed months
$559 k
at the published price for each month
Months reported
116
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition205,608 bbl$11,687,141
Casinghead gasProduction405,306 Mcf$1,400,151
Total$13,087,292

Wells on this lease (1)

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 32.1007, -101.9738. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10072, -101.97385 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,453 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 9,453 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-317403751HB9,453 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 (116)

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

116 months

May 20266751,295106.413.05$75,771
Apr 20267881,17398.932.87$81,323
Mar 20265381,22989.753.15$52,156
Feb 202657579163.503.75$39,479
Jan 20267991,21159.138.00$56,930
Dec 20257771,36356.664.41$50,040
Nov 202566882158.593.93$42,362
Oct 20251,43146459.383.30$86,506
Sep 202539028062.743.08$25,330
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20256162,55766.483.13$48,952
May 20252541,38860.553.23$19,866
Apr 20252501,51362.363.54$20,951
Mar 20255081,59367.704.27$41,191
Feb 20253832,06370.884.34$36,102
Jan 20254643,01474.324.28$47,380
Dec 20246313,10668.993.12$53,228
Nov 20245072,99669.052.20$41,595
Oct 20248043,42971.372.28$65,204
Sep 20245772,47469.612.36$46,014
Aug 20245802,22875.632.06$48,463
Jul 20248373,32179.932.15$74,030
Jun 20245981,05178.082.63$49,460
May 20241,2031,83478.812.20$98,840
Apr 202425014084.451.66$21,345
Mar 202421210180.301.55$17,180
Feb 202404676.091.78$82
Jan 202438866273.023.30$30,515
Dec 202353697771.262.61$40,746
Nov 20238571,42477.892.81$70,750
Oct 20231,3881,75185.443.09$123,997
Sep 20231,1021,72489.042.74$102,837
Aug 2023035080.522.67$936
Jul 202301174.852.64$29
Jun 202394264068.962.26$66,406
May 2023027670.622.23$615
Apr 202324424978.122.24$19,618
Mar 20239111,42172.852.39$69,767
Feb 2023058475.112.47$1,440
Jan 20231,2126,58876.533.39$115,073
Dec 20221,7636,43476.415.73$171,572
Nov 20221196,14585.005.65$44,811
Oct 20221,3137,32287.185.86$157,402
Sep 20221,44310,03484.888.16$204,396
Aug 20221,7199,17794.529.13$246,240
Jul 20221,4244,041101.587.54$175,127
Jun 20221,5446,589115.097.98$230,261
May 20221,7823,796109.378.43$226,909
Apr 2022267704104.226.84$32,640
Mar 2022493648108.885.08$56,967
Feb 20225721,34191.054.86$58,596
Jan 20221,3101,91081.844.54$115,877
Dec 20211,5503,49471.323.90$124,170
Nov 20211,0084,29777.435.24$100,552
Oct 20211,5996,12979.795.71$162,605
Sep 20211,6543,67969.865.35$135,234
Aug 20211,1531,94266.024.22$84,317
Jul 202126625470.783.98$19,839
Jun 202175731069.493.38$53,652
May 202149920363.483.02$32,289
Apr 202175642660.362.76$46,807
Mar 202159771461.302.72$38,536
Feb 202164444257.805.55$39,675
Jan 202180998550.412.81$43,550
Dec 202095475544.642.68$44,607
Nov 20201,08657338.772.71$43,655
Oct 20201,1801,07836.972.48$46,296
Sep 20201,0701,41337.091.99$42,500
Aug 20201,1812,73039.982.39$53,728
Jul 20201,5225,66738.371.83$68,742
Jun 20201,6536,20334.901.69$68,175
May 20201,3355,79016.921.81$33,096
Apr 20201,3509,47714.751.80$37,013
Mar 20201,93213,15030.341.86$83,026
Feb 20201,75813,59449.881.98$114,614
Jan 20201,53912,44757.252.09$114,181
Dec 20191,88512,55659.012.30$140,167
Nov 20191,9068,63655.302.75$129,157
Oct 20192,15611,09353.472.42$142,110
Sep 20192,30911,75855.052.66$158,355
Aug 20192,0359,85653.112.30$130,791
Jul 20192,38911,35756.272.46$162,368
Jun 20191,8237,56852.782.49$115,071
May 20192,1937,03258.482.74$147,517
Apr 20192,7174,74962.632.75$183,229
Mar 20192,2802,18056.803.06$136,179
Feb 20191,12638950.852.79$58,343
Jan 20191,95943346.033.23$91,571
Dec 20182,4791,56346.594.19$122,038
Nov 20181,6961,17252.934.24$94,735
Oct 20183,7403161.443.40$229,891
Sep 20181,28954559.543.11$78,441
Aug 20182,4796,14059.403.07$166,081
Jul 20183,4826,06965.142.93$244,611
Jun 20181,0991,09060.183.08$69,492
May 20183,2512,50565.382.90$219,817
Apr 20183,0513,89263.842.90$206,066
Mar 20183,2024,35061.222.79$208,149
Feb 20182,8022,64061.782.77$180,410
Jan 20183,3493,52462.874.01$224,680
Dec 20173,6524,27157.272.92$221,628
Nov 20173,7063,56955.423.12$216,516
Oct 20172,4851,43249.292.98$126,758
Sep 20172,9041,75147.523.09$143,404
Aug 20171,9981,27745.373.00$94,486
Jul 20172,6771,89843.873.09$123,300
Jun 20174,2671,57542.493.09$186,167
May 20175,1005,38845.373.26$248,970
Apr 20173,38871147.933.21$164,670
Mar 20173,9045,46046.772.98$198,881
Feb 20176,31310,72250.452.95$350,149
Jan 20177,8698,63449.413.42$418,325
Dec 201611,1796,35548.763.72$568,747
Nov 201614,96011,96042.492.64$667,277
Oct 201610,0137,14446.193.09$484,577

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                  675 bbl  × $106.41 =    $71,827
Casinghead gas     1,295 Mcf  × $  3.05 =     $3,944

────────────────────────────────────────────────────
Month total                                  $75,771

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/48141 is the state's own key, not one this site invented.