HALE -N-

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 48708District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jun 2017 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
108
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
OilDisposition21,594 bbl$1,355,879
Casinghead gasProduction34,068 Mcf$96,704
Total$1,452,582

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 32.0183, -101.8463. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01830, -101.84629 · 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
11,750 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 11,750 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-32931763111,750 ftMay 2011

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 (108)

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

108 months

May 202600106.413.05$0
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 20251852059.383.30$11,051
Sep 2025014762.743.08$452
Aug 202518115563.933.01$12,039
Jul 202529415566.743.32$20,135
Jun 202518112066.483.13$12,408
May 202516215560.553.23$10,310
Apr 2025362062.363.54$22,574
Mar 2025360067.704.27$24,372
Feb 2025347070.884.34$24,595
Jan 2025552074.324.28$41,025
Dec 2024925068.993.12$63,816
Nov 2024373069.052.20$25,756
Oct 2024186071.372.28$13,275
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202427078.812.20$2,128
Apr 20240084.451.66$0
Mar 20241743280.301.55$14,022
Feb 20241875776.091.78$14,331
Jan 20241866773.023.30$13,803
Dec 20231755571.262.61$12,614
Nov 20231845677.892.81$14,489
Oct 20231725385.443.09$14,859
Sep 2023185089.042.74$16,472
Aug 2023178080.522.67$14,333
Jul 2023351074.852.64$26,272
Jun 20230068.962.26$0
May 2023372070.622.23$26,271
Apr 2023175078.122.24$13,671
Mar 2023196072.852.39$14,279
Feb 2023185075.112.47$13,895
Jan 2023180076.533.39$13,775
Dec 2022356076.415.73$27,202
Nov 20220085.005.65$0
Oct 2022365087.185.86$31,821
Sep 2022184084.888.16$15,618
Aug 2022359094.529.13$33,933
Jul 20223330101.587.54$33,826
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221710104.226.84$17,822
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021166071.323.90$11,839
Nov 2021175077.435.24$13,550
Oct 2021339079.795.71$27,049
Sep 2021173069.865.35$12,086
Aug 2021167066.024.22$11,025
Jul 2021181070.783.98$12,811
Jun 202134739269.493.38$25,438
May 202134076063.483.02$23,877
Apr 202108860.362.76$243
Mar 20211808361.302.72$11,260
Feb 2021010157.805.55$560
Jan 202117026250.412.81$9,306
Dec 202017626344.642.68$8,560
Nov 2020025438.772.71$687
Oct 202016346936.972.48$7,188
Sep 202034141137.091.99$13,466
Aug 202017138939.982.39$7,764
Jul 202018676538.371.83$8,533
Jun 202035569234.901.69$13,559
May 2020031916.921.81$579
Apr 202035058214.751.80$6,213
Mar 202017455230.341.86$6,304
Feb 202033951049.881.98$17,919
Jan 2020032557.252.09$681
Dec 201933752659.012.30$21,098
Nov 201917052555.302.75$10,845
Oct 201918053653.472.42$10,921
Sep 201934359855.052.66$20,471
Aug 201933761353.112.30$19,311
Jul 201916560456.272.46$10,770
Jun 201933765052.782.49$19,406
May 20191681,64658.482.74$14,335
Apr 20191651,45562.632.75$14,336
Mar 201933577056.803.06$21,386
Feb 201931955150.852.79$17,760
Jan 201917060446.033.23$9,775
Dec 201816046646.594.19$9,405
Nov 201835358952.934.24$21,180
Oct 201817460961.443.40$12,760
Sep 201816861759.543.11$11,920
Aug 201833975159.403.07$22,440
Jul 201816038665.142.93$11,554
Jun 201816291960.183.08$12,577
May 201832599965.382.90$24,146
Apr 201833795763.842.90$24,290
Mar 20181731,00261.222.79$13,383
Feb 201831487561.782.77$21,819
Jan 201832397662.874.01$24,220
Dec 201733098757.272.92$21,783
Nov 20173301,01955.423.12$21,466
Oct 20173411,12149.292.98$20,153
Sep 20173491,07347.523.09$19,897
Aug 20173521,11945.373.00$19,332
Jul 20173391,10243.873.09$18,274
Jun 20172431,13442.493.09$13,826

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.

Oct 2025 — as filed, then multipliedworked
Oil                  185 bbl  × $ 59.38 =    $10,985
Casinghead gas        20 Mcf  × $  3.30 =        $66

────────────────────────────────────────────────────
Month total                                  $11,051

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/48708 is the state's own key, not one this site invented.