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NAIL RANCH 1-12SL UNIT 2

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 48880District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$93.8 M
May 2017 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
109
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
OilDisposition1,465,227 bbl$86,466,126
Casinghead gasProduction2,333,010 Mcf$7,310,710
Total$93,776,836

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 32.0969, -101.9888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.09696, -101.98873 · 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
9,314 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 8,723 and 9,563 ft, median 9,314 ft, over the 3 wells that filed a depth.

Completions filed
May 2017
3 of 3 wells

3 wells

42-317405388LS8,723 ftMay 2017——
42-317405398LA9,563 ftMay 2017——
42-317405408UA9,314 ftMay 2017——

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 (109)

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

109 months

May 20262,57614,503106.413.05$318,286
Apr 20264,01321,22098.932.87$457,902
Mar 20262,42418,73189.753.15$276,546
Feb 20262,66317,36063.503.75$234,206
Jan 20263,40114,38259.138.00$316,127
Dec 20252,80310,90456.664.41$206,941
Nov 20252,24610,01558.593.93$170,916
Oct 20252,4967,56359.383.30$173,207
Sep 20251,9466,61162.743.08$142,434
Aug 20256702,86763.933.01$51,476
Jul 20259823,71666.743.32$77,858
Jun 20254,95920,47466.483.13$393,732
May 20253,40710,26760.553.23$239,480
Apr 20253,43116,51262.363.54$272,461
Mar 20254,11721,42567.704.27$370,170
Feb 20254,11319,86570.884.34$377,760
Jan 20254,75919,13574.324.28$435,561
Dec 20243,59615,59768.993.12$296,772
Nov 20244,99714,22069.052.20$376,305
Oct 20245,98716,23271.372.28$464,324
Sep 20243,91912,08969.612.36$301,384
Aug 20244,23511,66575.632.06$344,365
Jul 20245,08215,37979.932.15$439,217
Jun 20245,91415,66078.082.63$503,013
May 20242,81210,28778.812.20$244,229
Apr 20246,49720,22884.451.66$582,234
Mar 20247,60621,64180.301.55$644,200
Feb 20245,18317,64176.091.78$425,840
Jan 20246,99922,26573.023.30$584,489
Dec 20238,37430,42071.262.61$676,149
Nov 20238,57430,28677.892.81$752,859
Oct 20239,62436,40585.443.09$934,667
Sep 20238,74429,04589.042.74$858,005
Aug 202310,40629,06280.522.67$915,570
Jul 20235,50924,88074.852.64$478,077
Jun 20236,17623,25168.962.26$478,409
May 20239,11826,00370.622.23$701,832
Apr 20239,15426,89678.122.24$775,297
Mar 20239,46027,86272.852.39$755,839
Feb 20238,45922,77275.112.47$691,504
Jan 202310,15623,78676.533.39$857,819
Dec 20229,80214,55176.415.73$832,335
Nov 202211,20515,60485.005.65$1,040,528
Oct 20229,25911,16687.185.86$872,674
Sep 20223,9225,80584.888.16$380,290
Aug 20223,0123,40894.529.13$315,800
Jul 20225,6485,564101.587.54$615,688
Jun 20225,5135,199115.097.98$675,965
May 20224,9025,799109.378.43$585,035
Apr 20223,8383,745104.226.84$425,603
Mar 20222,5832,202108.885.08$292,415
Feb 20222,2522,42591.054.86$216,827
Jan 202284375381.844.54$72,408
Dec 20215,3608,54371.323.90$415,585
Nov 20218,31014,61077.435.24$719,954
Oct 202111,60321,37379.795.71$1,047,926
Sep 20219,39715,28169.865.35$738,242
Aug 202111,13221,34666.024.22$825,027
Jul 202112,25222,20270.783.98$955,607
Jun 202112,07119,43369.493.38$904,509
May 202112,87018,28363.483.02$872,160
Apr 20219,28413,06660.362.76$596,424
Mar 202113,60217,61061.302.72$881,648
Feb 20219,70111,98557.805.55$627,210
Jan 202112,74216,90550.412.81$689,832
Dec 202010,60114,67244.642.68$512,483
Nov 202011,98115,81938.772.71$507,319
Oct 202012,21815,24436.972.48$489,481
Sep 20208,12511,55937.091.99$324,371
Aug 202012,68514,89439.982.39$542,670
Jul 202011,28714,14238.371.83$458,893
Jun 20208,7289,89334.901.69$321,329
May 20206,0515,72716.921.81$112,776
Apr 20207,7866,71614.751.80$126,962
Mar 20204,5714,08330.341.86$146,263
Feb 202077188649.881.98$40,212
Jan 20206,70915,95657.252.09$417,514
Dec 201918,94450,56059.012.30$1,234,394
Nov 201920,52545,24155.302.75$1,259,477
Oct 201920,70140,14353.472.42$1,203,970
Sep 201920,88937,01255.052.66$1,248,291
Aug 201921,02737,00753.112.30$1,202,021
Jul 201921,10832,07456.272.46$1,266,651
Jun 201913,10218,61752.782.49$737,902
May 201916,49522,93458.482.74$1,027,474
Apr 201917,92527,03562.632.75$1,197,008
Mar 201916,95123,33656.803.06$1,034,274
Feb 201915,29620,61650.852.79$835,366
Jan 201924,71740,55646.033.23$1,268,646
Dec 201826,85430,95246.594.19$1,380,676
Nov 201826,24141,67552.934.24$1,565,523
Oct 201828,86445,65561.443.40$1,928,544
Sep 201829,95042,03559.543.11$1,913,868
Aug 201828,96935,89159.403.07$1,830,821
Jul 201832,35849,98565.142.93$2,254,350
Jun 201832,68648,51960.183.08$2,116,333
May 201836,86648,34465.382.90$2,550,535
Apr 201838,10046,08163.842.90$2,565,976
Mar 201841,14244,77561.222.79$2,643,494
Feb 201831,78330,79961.782.77$2,048,747
Jan 201828,24921,74062.874.01$1,863,177
Dec 201737,97933,46757.272.92$2,272,832
Nov 201738,00132,45255.423.12$2,207,212
Oct 201742,02833,57049.292.98$2,171,722
Sep 201741,65533,65747.523.09$2,083,354
Aug 201748,22939,99845.373.00$2,308,320
Jul 201750,30242,31243.873.09$2,337,378
Jun 201752,68746,08642.493.09$2,380,951
May 201734,40124,31545.373.26$1,640,123

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                2,576 bbl  × $106.41 =   $274,112
Casinghead gas    14,503 Mcf  × $  3.05 =    $44,174

────────────────────────────────────────────────────
Month total                                 $318,286

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/48880 is the state's own key, not one this site invented.