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RAY 3427 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 48287District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$37.1 M
Nov 2016 – May 2026
Value, last 12 filed months
$752 k
at the published price for each month
Months reported
115
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
OilDisposition574,848 bbl$31,974,333
Casinghead gasProduction1,474,061 Mcf$5,131,015
Total$37,105,348

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 31.8831, -101.7355. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88311, -101.73553 · 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
8,602 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 8,602 ft.

Completions filed
Dec 2020
1 of 1 wells

1 well

42-173373884WA8,602 ftDec 2020——

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 (115)

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

115 months

May 202671010,280106.413.05$106,862
Apr 202685511,28298.932.87$116,961
Mar 202675515,93389.753.15$117,941
Feb 20269637,01763.503.75$87,467
Jan 20263585,20759.138.00$62,814
Dec 20252551,78756.664.41$22,335
Nov 20254112,78658.593.93$35,020
Oct 20253522,42659.383.30$28,919
Sep 20252255,19962.743.08$30,113
Aug 20253016,81963.933.01$39,801
Jul 20253908,39366.743.32$53,853
Jun 20254975,45566.483.13$50,108
May 20256649,63360.553.23$71,342
Apr 20252635,10562.363.54$34,488
Mar 20252034,34467.704.27$32,285
Feb 20252549,27070.884.34$58,243
Jan 20256371,45674.324.28$53,572
Dec 202496723,99068.993.12$141,595
Nov 20241,06121,28069.052.20$120,045
Oct 20241,64722,98671.372.28$169,987
Sep 20242,01295969.612.36$142,323
Aug 20241,51516,16975.632.06$147,946
Jul 20241,4829,49179.932.15$138,830
Jun 20241,5607,02178.082.63$140,298
May 20241,39716,52578.812.20$146,427
Apr 20241,2738,05484.451.66$120,868
Mar 20241,21410,61380.301.55$113,883
Feb 20241,24210,36876.091.78$112,997
Jan 20247789,01673.023.30$86,541
Dec 20231,1628,50671.262.61$105,011
Nov 20231,80911,38377.892.81$172,861
Oct 20232,02711,69685.443.09$209,296
Sep 20231,84015,26589.042.74$205,584
Aug 20231,58015,05680.522.67$167,464
Jul 20232,05511,28174.852.64$183,619
Jun 20232,44210,89868.962.26$193,013
May 20232,53014,16870.622.23$210,226
Apr 20232,43615,39178.122.24$224,742
Mar 20232,25315,65572.852.39$201,596
Feb 20231,72516,23775.112.47$169,600
Jan 20231,44414,32076.533.39$159,021
Dec 20221,88513,16076.415.73$219,428
Nov 20222,41814,09785.005.65$285,124
Oct 20222,47717,91987.185.86$321,018
Sep 20222,44519,74384.888.16$368,707
Aug 20222,74518,39694.529.13$427,361
Jul 20222,76012,599101.587.54$375,383
Jun 20222,76310,967115.097.98$405,480
May 20222,75912,830109.378.43$409,948
Apr 20222,96312,048104.226.84$391,183
Mar 20223,02812,295108.885.08$392,103
Feb 20222,95211,73791.054.86$325,808
Jan 20223,53513,39281.844.54$350,073
Dec 20213,54014,62571.323.90$309,497
Nov 20213,98213,21277.435.24$377,516
Oct 20214,27913,10879.795.71$416,319
Sep 20214,36915,53169.865.35$388,323
Aug 20214,64316,24166.024.22$375,077
Jul 20214,61616,83970.783.98$393,775
Jun 20213,68214,56969.493.38$305,114
May 20214,82515,62663.483.02$353,445
Apr 20215,20214,12760.362.76$352,961
Mar 20216,44115,05161.302.72$435,726
Feb 20213,3958,57357.805.55$243,794
Jan 20216,36212,49050.412.81$355,809
Dec 20202,9224,41944.642.68$142,261
Nov 20203,6715,35238.772.71$156,810
Oct 20203,2387,00036.972.48$137,058
Sep 20203,3366,22437.091.99$136,124
Aug 20203,4207,11839.982.39$153,709
Jul 20203,8539,00138.371.83$164,268
Jun 20204,2569,70234.901.69$164,934
May 20205,3919,51216.921.81$108,478
Apr 20204,8209,31214.751.80$87,897
Mar 20205,09310,34130.341.86$173,717
Feb 20203,9905,97149.881.98$210,848
Jan 20203,8195,27357.252.09$229,683
Dec 20194,1126,34459.012.30$257,268
Nov 20194,0013,78455.302.75$231,664
Oct 20194,5594,86653.472.42$255,538
Sep 20193,9573,98355.052.66$228,417
Aug 20194,7965,27753.112.30$266,876
Jul 201989097456.272.46$52,476
Jun 20193,4365,84752.782.49$195,918
May 20192,3032,59858.482.74$141,799
Apr 201957672762.632.75$38,075
Mar 20193,7666,48156.803.06$233,754
Feb 20193,0295,95750.852.79$170,658
Jan 20194,74912,79946.033.23$259,914
Dec 20186,35415,14746.594.19$359,430
Nov 20185,64610,48152.934.24$343,253
Oct 20184,88913,71861.443.40$346,995
Sep 20186,78716,28659.543.11$454,715
Aug 20186,30814,90059.403.07$420,387
Jul 20187,14415,35265.142.93$510,370
Jun 20187,95617,12360.183.08$531,478
May 20187,19712,90765.382.90$507,980
Apr 20187,16413,82463.842.90$497,450
Mar 20185,011061.222.79$306,773
Feb 20186,529061.782.77$403,362
Jan 20188,65020,81462.874.01$627,275
Dec 20179,80925,82957.272.92$637,221
Nov 201710,69625,00755.423.12$670,753
Oct 201711,41124,88749.292.98$636,703
Sep 201712,04524,77247.523.09$648,857
Aug 201714,60326,71845.373.00$742,810
Jul 201715,62829,33043.873.09$776,150
Jun 201718,37931,24442.493.09$877,383
May 201721,73734,28445.373.26$1,098,090
Apr 201723,74533,90047.933.21$1,246,971
Mar 201730,97843,50346.772.98$1,578,640
Feb 201734,97640,28750.452.95$1,883,491
Jan 201718,91320,87049.413.42$1,005,842
Dec 201632,53032,24148.763.72$1,706,191
Nov 201616,17013,88042.492.64$723,767

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                  710 bbl  × $106.41 =    $75,551
Casinghead gas    10,280 Mcf  × $  3.05 =    $31,311

────────────────────────────────────────────────────
Month total                                 $106,862

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/48287 is the state's own key, not one this site invented.