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OATES 10N-2

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48228District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$26.0 M
Jan 2016 – May 2026
Value, last 12 filed months
$113 k
at the published price for each month
Months reported
125
no gaps in the span
Streams
2
oil, casinghead gas

The HOEFS T-K (WOLFCAMP) 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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.”

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
OilDisposition480,802 bbl$24,736,931
Casinghead gasProduction383,964 Mcf$1,273,539
Total$26,010,469

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 31.1001, -102.9943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10013, -102.99428 · 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
10,080 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 10,080 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-371393451H10,080 ftJan 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 (125)

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

125 months

May 20261100106.413.05$11,705
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202536224063.933.01$23,866
Jul 202557130266.743.32$39,110
Jun 202555928666.483.13$38,057
May 202572830560.553.23$45,066
Apr 202535722562.363.54$23,060
Mar 202554519367.704.27$37,720
Feb 202536635770.884.34$27,492
Jan 20255512,50774.324.28$51,677
Dec 20241,5343,84768.993.12$117,839
Nov 20241,2663,30769.052.20$94,688
Oct 20247331,52971.372.28$55,802
Sep 202493930069.612.36$66,073
Aug 202490129375.632.06$68,747
Jul 20241,28538979.932.15$103,545
Jun 20241,10334678.082.63$87,034
May 20241,4579378.812.20$115,031
Apr 20241,116084.451.66$94,246
Mar 20241,448080.301.55$116,274
Feb 20241,4994876.091.78$114,145
Jan 20241,2788573.023.30$93,600
Dec 20231,1237771.262.61$80,226
Nov 20231,6642077.892.81$129,665
Oct 20235368885.443.09$46,068
Sep 20238467589.042.74$75,533
Aug 20231,1957380.522.67$96,417
Jul 20231,37415374.852.64$103,248
Jun 20231,02718068.962.26$71,228
May 20231,36810070.622.23$96,831
Apr 20231,537078.122.24$120,070
Mar 20231,5582572.852.39$113,560
Feb 20231,203075.112.47$90,357
Jan 20231,727076.533.39$132,167
Dec 20221,703076.415.73$130,126
Nov 20221,721085.005.65$146,285
Oct 20221,51386887.185.86$136,993
Sep 20221,02037084.888.16$89,598
Aug 20221,8611,87394.529.13$192,997
Jul 20221,5271,457101.587.54$166,101
Jun 20221,703592115.097.98$200,721
May 20221,70210,366109.378.43$273,565
Apr 20222,22610,390104.226.84$303,036
Mar 20221,8749,810108.885.08$253,841
Feb 20222,2105,05191.054.86$225,763
Jan 20222,2432,40781.844.54$194,489
Dec 20212,1732,23171.323.90$163,677
Nov 20212,0482,23077.435.24$170,255
Oct 20212,5043,13979.795.71$217,730
Sep 20212,5332,66669.865.35$191,221
Aug 20212,2142,63266.024.22$157,277
Jul 20213,0812,43870.783.98$227,781
Jun 20211,5301,76869.493.38$112,297
May 20212,8321,38863.483.02$183,964
Apr 20212,2081,28760.362.76$136,825
Mar 20212,39382261.302.72$148,924
Feb 20211,51662557.805.55$91,092
Jan 20212,75620950.412.81$139,517
Dec 20202,6809544.642.68$119,889
Nov 20201,53373538.772.71$61,424
Oct 20202,5781,03036.972.48$97,861
Sep 20203,3861,90937.091.99$129,388
Aug 20201,7607,22239.982.39$87,590
Jul 20202,546438.371.83$97,697
Jun 20201,729034.901.69$60,342
May 20202,024016.921.81$34,246
Apr 20202,162014.751.80$31,890
Mar 20203,507030.341.86$106,402
Feb 20202,40416349.881.98$120,234
Jan 20202,9492,01557.252.09$173,051
Dec 20193,788059.012.30$223,530
Nov 20192,74829455.302.75$152,773
Oct 20197451,52953.472.42$43,533
Sep 20191,76756855.052.66$98,783
Aug 20192,4673,20753.112.30$138,412
Jul 20192,6194,33956.272.46$158,045
Jun 20193,00545652.782.49$159,740
May 20192,86988158.482.74$170,193
Apr 20193,49575362.632.75$220,963
Mar 20193,08835056.803.06$176,470
Feb 20193,05824150.852.79$156,172
Jan 20193,07650246.033.23$143,209
Dec 20183,91139346.594.19$183,858
Nov 20181,38323552.934.24$74,198
Oct 20183,0062,47761.443.40$193,106
Sep 20184,8869,36459.543.11$320,016
Aug 20185,7389,18959.403.07$369,016
Jul 20186,3686,96565.142.93$435,232
Jun 20183,6492,90060.183.08$228,520
May 20185,5644,33265.382.90$376,341
Apr 20185,6814,66363.842.90$376,201
Mar 20186,1905,91361.222.79$395,430
Feb 20186,9705,34261.782.77$445,383
Jan 20187,5156,70662.874.01$499,355
Dec 20177,6856,95457.272.92$460,436
Nov 201710,61015,71855.423.12$637,021
Oct 201710,65311,98749.292.98$560,852
Sep 201710,2217,56847.523.09$509,066
Aug 201712,8869,84745.373.00$614,222
Jul 201711,6406,75443.873.09$531,498
Jun 201713,46613,45642.493.09$613,713
May 20179,9309,27145.373.26$480,779
Apr 20177,8685,88347.933.21$396,007
Mar 20179,1675,00146.772.98$443,662
Feb 20177,2317,25850.452.95$386,234
Jan 20179,4507,24449.413.42$491,690
Dec 20169,6596,59848.763.72$495,536
Nov 201610,5084,90142.492.64$459,445
Oct 201612,1168,17446.193.09$584,898
Sep 201611,7067,89741.553.10$510,870
Aug 201611,3127,72741.442.92$491,366
Jul 201613,3038,96541.622.92$579,888
Jun 20167,5295,68745.352.69$356,714
May 201612,7278,86642.521.99$558,805
Apr 201617,12314,81336.561.99$655,510
Mar 201622,62017,82133.011.79$778,657
Feb 201625,08319,93526.472.06$705,085
Jan 201650880527.352.36$15,797

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                  110 bbl  × $106.41 =    $11,705
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $11,705

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/48228 is the state's own key, not one this site invented.