DIAMOND

Operated by GRAMA OPERATING, LLC (P-5 324437) in the GOLDSMITH (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48908District 08Field 35652062Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.4 M
Dec 2015 – May 2026
Value, last 12 filed months
$718 k
at the published price for each month
Months reported
126
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 255 leases and 3,904 wells, and the rule below applies to all of them.

Discovered
1946-03-11
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 10 acres. The field rule took effect on 2006-10-10.

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: REMAIN SUSPENDED.

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
OilDisposition134,596 bbl$8,228,522
Casinghead gasProduction316,833 Mcf$1,129,386
Total$9,357,908

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 31.8559, -102.6223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.85566, -102.62147 · 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
6,200 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 6,200 and 6,200 ft, median 6,200 ft, over the 3 wells that filed a depth.

Completions filed
Dec 2015 – Aug 2017
3 of 3 wells

3 wells

42-1354352136,200 ftAug 2017
42-1354352026,200 ftJun 2017
42-1354339116,200 ftDec 2015

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 (126)

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

126 months

May 20266802,425106.413.05$79,745
Apr 20266982,23898.932.87$75,476
Mar 20267252,18189.753.15$71,938
Feb 20267202,18163.503.75$53,899
Jan 20265272,25759.138.00$49,213
Dec 20257172,40456.664.41$51,235
Nov 20257041,85258.593.93$48,519
Oct 20257102,18359.383.30$49,374
Sep 20257252,42962.743.08$52,960
Aug 20257592,42063.933.01$55,819
Jul 20258032,48966.743.32$61,844
Jun 20259002,67766.483.13$68,208
May 20257241,19460.553.23$47,698
Apr 20259031,50962.363.54$61,658
Mar 20251,0173,31467.704.27$82,996
Feb 20251,0132,59970.884.34$83,083
Jan 20259322,31674.324.28$79,176
Dec 20241,26186168.993.12$89,684
Nov 20241,2521,94869.052.20$90,733
Oct 20246881,85871.372.28$53,341
Sep 20246811,75369.612.36$51,549
Aug 20245621,56475.632.06$45,732
Jul 20245321,45879.932.15$45,652
Jun 20248462,15278.082.63$71,724
May 20245021,92578.812.20$43,795
Apr 20247162,15884.451.66$64,047
Mar 20249301,95680.301.55$77,701
Feb 20245231,44876.091.78$42,378
Jan 20245461,23973.023.30$43,955
Dec 20237511,59371.262.61$57,675
Nov 20238632,46077.892.81$74,126
Oct 20233471,62285.443.09$34,655
Sep 20237072,06289.042.74$68,591
Aug 20231,0082,63780.522.67$88,213
Jul 20237932,58474.852.64$66,182
Jun 20236751,13868.962.26$49,118
May 20234892,53470.622.23$40,177
Apr 20238012,69478.122.24$68,603
Mar 20236683,11172.852.39$56,109
Feb 20238773,68875.112.47$74,965
Jan 20238684,60076.533.39$82,012
Dec 20221,0494,14776.415.73$103,913
Nov 20221,3435,09085.005.65$142,894
Oct 20221,3414,07387.185.86$140,791
Sep 20221,5085,75484.888.16$174,973
Aug 20221,1524,82894.529.13$152,953
Jul 20221,0173,192101.587.54$127,381
Jun 20226822,470115.097.98$98,195
May 20221,1793,321109.378.43$156,953
Apr 20221,0473,037104.226.84$129,884
Mar 20229783,419108.885.08$123,841
Feb 20221,1752,73991.054.86$120,292
Jan 20221,3752,77981.844.54$125,140
Dec 20218673,44071.323.90$75,247
Nov 20211,0633,55377.435.24$100,915
Oct 20211,4893,80279.795.71$140,531
Sep 20218491,87669.865.35$69,349
Aug 20211,3473,43866.024.22$103,439
Jul 20211,17674470.783.98$86,200
Jun 20211,0062,40569.493.38$78,037
May 202169685963.483.02$46,774
Apr 20217352,21760.362.76$50,480
Mar 20217431,60561.302.72$49,907
Feb 202137086757.805.55$26,196
Jan 20217262,32550.412.81$43,132
Dec 20209212,32744.642.68$47,339
Nov 20207422,39438.772.71$35,247
Oct 20207372,26036.972.48$32,848
Sep 20205292,59637.091.99$24,789
Aug 20208972,87139.982.39$42,710
Jul 20201,2732,51838.371.83$53,441
Jun 202036860434.901.69$13,864
May 20205541,14816.921.81$11,457
Apr 20201,1143,19914.751.80$22,204
Mar 20201,1143,38630.341.86$40,084
Feb 20209192,62249.881.98$51,033
Jan 20201,2883,14857.252.09$80,332
Dec 20199172,50759.012.30$59,889
Nov 20191,1162,83755.302.75$69,519
Oct 2019918053.472.42$49,085
Sep 201936828555.052.66$21,016
Aug 201953498853.112.30$30,637
Jul 20191,1003,08756.272.46$69,491
Jun 20191,1033,05752.782.49$65,832
May 20191,2722,35958.482.74$80,851
Apr 20191,6423,82562.632.75$113,360
Mar 20191,6653,64556.803.06$105,733
Feb 20191,2973,05450.852.79$74,480
Jan 20199271,53546.033.23$47,625
Dec 20189052,17746.594.19$51,276
Nov 20181,4662,38952.934.24$87,718
Oct 20181,6513,53361.443.40$113,443
Sep 20181,7992,86559.543.11$116,017
Aug 20181,4523,42359.403.07$96,746
Jul 20181,4432,93965.142.93$102,614
Jun 20181,0831,94760.183.08$71,166
May 20181,0712,62765.382.90$77,642
Apr 20181,6783,81763.842.90$118,196
Mar 20182,0354,92061.222.79$138,294
Feb 20181,9964,21361.782.77$134,967
Jan 20182,3464,61862.874.01$166,008
Dec 20172,8997,57257.272.92$188,147
Nov 20172,6824,79755.423.12$163,595
Oct 20173,0604,45149.292.98$164,108
Sep 20173,0284,53047.523.09$157,876
Aug 20174,0265,65045.373.00$199,634
Jul 20178831,58943.873.09$43,643
Jun 20177111,82342.493.09$35,839
May 20171,0802,13845.373.26$55,977
Apr 20179002,09047.933.21$49,849
Mar 20171,0771,96746.772.98$56,240
Feb 20171,2682,17650.452.95$70,395
Jan 20179111,81549.413.42$51,218
Dec 20161,2541,99848.763.72$68,583
Nov 20167181,17042.492.64$33,602
Oct 20168781,48046.193.09$45,128
Sep 20169701,22641.553.10$44,105
Aug 20161,0492,14741.442.92$49,749
Jul 20161,5462,91141.622.92$72,857
Jun 20161,0401,32545.352.69$50,723
May 20169891,07342.521.99$44,189
Apr 20161,1291,66136.561.99$44,583
Mar 20161,4721,86333.011.79$51,933
Feb 20161,1291,02726.472.06$32,004
Jan 20161,60190427.352.36$45,925
Dec 201503932.362.00$78

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                  680 bbl  × $106.41 =    $72,359
Casinghead gas     2,425 Mcf  × $  3.05 =     $7,386

────────────────────────────────────────────────────
Month total                                  $79,745

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/48908 is the state's own key, not one this site invented.