STATE LOKAI UNIT

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49972District 08Field 71052900OilCasinghead gasSave
Value, all time
$117.6 M
Jul 2017 – May 2026
Value, last 12 filed months
$9.2 M
at the published price for each month
Months reported
107
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,547,052 bbl$104,915,769
Casinghead gasProduction3,500,485 Mcf$12,663,592
Total$117,579,362

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 31.3666, -103.1445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.36657, -103.14450 · 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
10,947 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 10,868 and 11,060 ft, median 10,947 ft, over the 3 wells that filed a depth.

Completions filed
Jul 2017 – Jan 2021
3 of 3 wells

3 wells

42-475378541002WA10,868 ftJan 2021
42-475378551003WA11,060 ftDec 2020
42-475371911001WA10,947 ftJul 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 (107)

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

107 months

May 20268,39432,185106.413.05$991,236
Apr 20268,89129,94198.932.87$965,509
Mar 20269,10531,12589.753.15$915,200
Feb 20269,04428,55563.503.75$681,384
Jan 202610,70032,76859.138.00$894,767
Dec 20259,82730,78756.664.41$692,672
Nov 20258,13829,25958.593.93$591,689
Oct 20259,05937,07959.383.30$660,464
Sep 20259,18435,10562.743.08$684,219
Aug 20259,82437,13563.933.01$740,001
Jul 20259,43137,80766.743.32$754,763
Jun 20258,62432,23766.483.13$674,184
May 20259,63529,54060.553.23$678,882
Apr 20259,52726,48062.363.54$687,926
Mar 20258,84230,83567.704.27$730,217
Feb 20256,88125,04170.884.34$596,424
Jan 20257,81726,27774.324.28$693,390
Dec 20248,92225,26568.993.12$694,390
Nov 202410,35230,31169.052.20$781,443
Oct 202411,67130,19771.372.28$901,851
Sep 202412,09231,71669.612.36$916,712
Aug 202414,24834,07675.632.06$1,147,897
Jul 20249,72523,35579.932.15$827,453
Jun 202411,67635,13678.082.63$1,004,210
May 202412,47635,13278.812.20$1,060,469
Apr 202412,76233,34684.451.66$1,133,079
Mar 202412,55929,70980.301.55$1,054,392
Feb 202411,46033,88776.091.78$932,434
Jan 202412,09938,67473.023.30$1,011,003
Dec 202312,91141,85671.262.61$1,029,312
Nov 202313,99142,28377.892.81$1,208,471
Oct 202313,44640,77585.443.09$1,274,710
Sep 202313,20536,82189.042.74$1,276,480
Aug 202311,99235,11880.522.67$1,059,462
Jul 202314,08940,43074.852.64$1,161,370
Jun 202314,06433,31368.962.26$1,045,090
May 202314,58838,46470.622.23$1,115,879
Apr 202314,49643,17078.122.24$1,229,032
Mar 202315,97648,07772.852.39$1,278,908
Feb 202314,57743,15975.112.47$1,201,295
Jan 202315,34947,71776.533.39$1,336,311
Dec 202215,62646,67976.415.73$1,461,410
Nov 202216,92445,24485.005.65$1,693,997
Oct 202216,83148,94987.185.86$1,754,352
Sep 202216,46143,89084.888.16$1,755,514
Aug 202216,72645,80594.529.13$1,999,011
Jul 202217,52347,944101.587.54$2,141,584
Jun 202217,77039,919115.097.98$2,363,591
May 202216,96328,821109.378.43$2,098,292
Apr 202218,65531,575104.226.84$2,160,121
Mar 202219,49737,159108.885.08$2,311,467
Feb 202219,16835,37891.054.86$1,917,142
Jan 202221,30138,94281.844.54$1,919,980
Dec 202122,43143,24571.323.90$1,768,396
Nov 202122,05546,54177.435.24$1,951,447
Oct 202123,14248,01279.795.71$2,120,835
Sep 202121,77747,73669.865.35$1,776,773
Aug 202124,83150,78766.024.22$1,853,694
Jul 202127,34355,01370.783.98$2,154,404
Jun 202129,29152,15369.493.38$2,211,741
May 202132,89262,69563.483.02$2,277,177
Apr 202139,49970,59360.362.76$2,578,885
Mar 202149,39475,54761.302.72$3,233,109
Feb 202138,64352,16957.805.55$2,522,996
Jan 202150,90171,53950.412.81$2,766,963
Dec 202027,96938,68744.642.68$1,352,042
Nov 20209,05713,05038.772.71$386,461
Oct 20207502,40836.972.48$33,696
Sep 20206,04116,98437.091.99$257,877
Aug 20206,39717,18139.982.39$296,730
Jul 20206,71417,45338.371.83$289,470
Jun 20206,44216,49434.901.69$252,706
May 20206,85415,71616.921.81$144,490
Apr 20206,37216,87214.751.80$124,431
Mar 20206,73117,80930.341.86$237,276
Feb 20206,42717,73349.881.98$355,702
Jan 20207,18419,60957.252.09$452,360
Dec 20197,75618,52759.012.30$500,374
Nov 20195,66911,46555.302.75$345,032
Oct 20197,75619,79653.472.42$462,591
Sep 20197,72719,78155.052.66$477,935
Aug 20198,06921,50753.112.30$478,104
Jul 20198,07121,62656.272.46$507,356
Jun 20198,21121,77952.782.49$487,632
May 20198,50120,95558.482.74$554,562
Apr 20198,65923,59162.632.75$607,205
Mar 20199,74026,05356.803.06$633,009
Feb 20199,36525,39650.852.79$547,121
Jan 201911,20726,94246.033.23$602,832
Dec 20188,52412,68446.594.19$450,221
Nov 20189,38015,07752.934.24$560,368
Oct 201810,27517,73461.443.40$691,558
Sep 201810,69218,66359.543.11$694,606
Aug 201812,11623,49359.403.07$791,733
Jul 201813,09325,32665.142.93$927,131
Jun 201813,40224,98360.183.08$883,403
May 201815,41530,39365.382.90$1,095,997
Apr 201816,88130,89663.842.90$1,167,306
Mar 201819,55134,22361.222.79$1,292,286
Feb 201820,99234,85861.782.77$1,393,307
Jan 201824,90838,26662.874.01$1,719,387
Dec 201721,90333,65357.272.92$1,352,703
Nov 201721,02428,73255.423.12$1,254,747
Oct 201727,12436,30249.292.98$1,445,256
Sep 201730,58038,63447.523.09$1,572,436
Aug 201716,23018,67645.373.00$792,465
Jul 20170043.873.09$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                8,394 bbl  × $106.41 =   $893,206
Casinghead gas    32,185 Mcf  × $  3.05 =    $98,030

────────────────────────────────────────────────────
Month total                                 $991,236

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/49972 is the state's own key, not one this site invented.