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LANE TRUST -B-

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 49971District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.6 M
Mar 2018 – May 2026
Value, last 12 filed months
$122 k
at the published price for each month
Months reported
99
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
OilDisposition20,506 bbl$1,337,348
Casinghead gasProduction72,712 Mcf$238,847
Total$1,576,195

Wells on this lease (2)

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 31.6582, -101.5176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.65819, -101.51763 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,574 ft
2 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.
2100.0%

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 8,831 and 10,317 ft, median 9,574 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2011 – Nov 2012
2 of 2 wells

2 wells

42-1733528837A10,317 ftNov 2012——
42-1733447437H8,831 ftOct 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 (99)

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

99 months

May 2026107672106.413.05$13,433
Apr 20268164198.932.87$9,853
Mar 202610446289.753.15$10,789
Feb 20268253263.503.75$7,202
Jan 20266839659.138.00$7,188
Dec 20259248056.664.41$7,331
Nov 20257145958.593.93$5,962
Oct 20257154659.383.30$6,020
Sep 202510359162.743.08$8,281
Aug 202518281463.933.01$14,089
Jul 20251551,08666.743.32$13,945
Jun 20252201,03566.483.13$17,864
May 20253631,10060.553.23$25,535
Apr 20251991,16562.363.54$16,537
Mar 202522982167.704.27$19,008
Feb 202517550470.884.34$14,592
Jan 20254111,27874.324.28$36,014
Dec 20243551,43968.993.12$28,983
Nov 20244521,60469.052.20$34,737
Oct 20242631,20571.372.28$21,519
Sep 20244251,26669.612.36$32,578
Aug 202451975875.632.06$40,816
Jul 202470366479.932.15$57,616
Jun 20241017278.082.63$8,076
May 20248257178.812.20$7,718
Apr 202423170184.451.66$20,671
Mar 202421281980.301.55$18,289
Feb 202416269376.091.78$13,563
Jan 202416792673.023.30$15,248
Dec 20238172271.262.61$7,657
Nov 20238040777.892.81$7,374
Oct 202314553985.443.09$14,053
Sep 202313139789.042.74$12,750
Aug 20234530880.522.67$4,447
Jul 20233834174.852.64$3,745
Jun 20238233668.962.26$6,414
May 202314990770.622.23$12,543
Apr 2023831,12378.122.24$8,997
Mar 20231641,11772.852.39$14,621
Feb 202318397775.112.47$16,154
Jan 20231001,25876.533.39$11,915
Dec 20222481,15476.415.73$25,561
Nov 202201,20885.005.65$6,821
Oct 20221611,07087.185.86$20,310
Sep 202216737884.888.16$17,261
Aug 202210376394.529.13$16,700
Jul 2022292888101.587.54$36,359
Jun 2022240889115.097.98$34,713
May 202283722109.378.43$15,166
Apr 2022179170104.226.84$19,818
Mar 2022186123108.885.08$20,876
Feb 202225640191.054.86$25,257
Jan 202226152981.844.54$23,761
Dec 202126243171.323.90$20,366
Nov 202127837377.435.24$23,479
Oct 20212018479.795.71$16,518
Sep 202137125869.865.35$27,299
Aug 20217632366.024.22$6,381
Jul 202129928070.783.98$22,278
Jun 202124521769.493.38$17,759
May 202117360163.483.02$12,796
Apr 202139461660.362.76$25,481
Mar 202121888661.302.72$15,771
Feb 202111257557.805.55$9,664
Jan 20213281,01450.412.81$19,384
Dec 202030483844.642.68$15,813
Nov 20202931,01038.772.71$14,093
Oct 2020811,08136.972.48$5,674
Sep 202027788437.091.99$12,034
Aug 202028099439.982.39$13,565
Jul 202036870038.371.83$15,398
Jun 20201851,12734.901.69$8,361
May 20201831,01516.921.81$4,938
Apr 20203571,01414.751.80$7,095
Mar 20202511,15430.341.86$9,757
Feb 202023874149.881.98$13,339
Jan 20203521,04057.252.09$22,331
Dec 20193141,27959.012.30$21,476
Nov 20193031,32555.302.75$20,401
Oct 20193391,68653.472.42$22,204
Sep 20192461,18655.052.66$16,694
Aug 201917468853.112.30$10,827
Jul 201925462256.272.46$15,823
Jun 201923572452.782.49$14,207
May 201922949558.482.74$14,748
Apr 201921587262.632.75$15,864
Mar 201924065856.803.06$15,647
Feb 201918359850.852.79$10,975
Jan 201930986746.033.23$17,022
Dec 20188573046.594.19$7,016
Nov 201824891552.934.24$17,004
Oct 201811478961.443.40$9,685
Sep 201821894959.543.11$15,929
Aug 20185281,04659.403.07$34,571
Jul 2018304065.142.93$19,803
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0

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                  107 bbl  × $106.41 =    $11,386
Casinghead gas       672 Mcf  × $  3.05 =     $2,047

────────────────────────────────────────────────────
Month total                                  $13,433

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/49971 is the state's own key, not one this site invented.