TARGET E

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 50160District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$23.2 M
Aug 2017 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
106
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
OilDisposition261,602 bbl$14,868,216
Casinghead gasProduction2,433,179 Mcf$8,365,420
Total$23,233,636

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 31.8285, -101.7116. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82855, -101.71159 · 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
8,750 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 8,750 ft.

Completions filed
Aug 2017
1 of 1 wells

1 well

42-173375223902WB8,750 ftAug 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 (106)

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

106 months

May 202619916,945106.413.05$72,787
Apr 202633616,86198.932.87$81,627
Mar 202644818,89089.753.15$99,701
Feb 202644725,56363.503.75$124,254
Jan 202649214,80459.138.00$147,493
Dec 202536718,54856.664.41$102,653
Nov 202532818,38158.593.93$91,389
Oct 202534413,04659.383.30$63,542
Sep 202523111,48262.743.08$49,822
Aug 202527112,92163.933.01$56,279
Jul 202536713,91066.743.32$70,608
Jun 202532721,18766.483.13$88,027
May 20253654,98260.553.23$38,204
Apr 202535924,38262.363.54$108,776
Mar 202539219,86167.704.27$111,312
Feb 202538420,39670.884.34$115,754
Jan 202546121,61474.324.28$126,741
Dec 202465925,77468.993.12$125,915
Nov 202462023,28269.052.20$93,995
Oct 202471021,59271.372.28$99,933
Sep 202468622,36269.612.36$100,624
Aug 202461320,01075.632.06$87,654
Jul 202441317,91579.932.15$71,467
Jun 202422311,43178.082.63$47,521
May 20241115,68478.812.20$21,244
Apr 202453519,86784.451.66$78,144
Mar 202448122,93980.301.55$74,068
Feb 202454513,85976.091.78$66,189
Jan 20244619,45473.023.30$64,838
Dec 202350610,25971.262.61$62,841
Nov 20234888,09977.892.81$60,749
Oct 202360110,36885.443.09$83,358
Sep 202355317,63689.042.74$97,474
Aug 202381336,50580.522.67$163,036
Jul 202366722,12974.852.64$108,385
Jun 202358520,38868.962.26$86,387
May 202362319,31470.622.23$87,016
Apr 202366421,25178.122.24$99,426
Mar 202385931,56872.852.39$138,125
Feb 202372025,01275.112.47$115,751
Jan 202380428,88676.533.39$159,388
Dec 202286228,52776.415.73$229,299
Nov 202286524,58785.005.65$212,348
Oct 202266125,34987.185.86$206,266
Sep 202250418,69784.888.16$195,416
Aug 202263023,05194.529.13$269,938
Jul 202272024,117101.587.54$255,030
Jun 202267522,900115.097.98$260,364
May 202254118,770109.378.43$217,457
Apr 202286724,667104.226.84$259,022
Mar 202279024,588108.885.08$210,834
Feb 202271424,58891.054.86$184,479
Jan 202284631,69781.844.54$213,067
Dec 202181327,87371.323.90$166,663
Nov 202183526,82677.435.24$205,138
Oct 202185326,41979.795.71$219,016
Sep 202186225,05469.865.35$194,281
Aug 202179529,17066.024.22$175,601
Jul 202195531,43470.783.98$192,768
Jun 20211,03331,52969.493.38$178,371
May 20211,19232,65263.483.02$174,201
Apr 20211,25928,52360.362.76$154,672
Mar 20211,34223,41161.302.72$145,871
Feb 202187517,16757.805.55$145,817
Jan 20211,10821,21850.412.81$115,483
Dec 20201,24525,67044.642.68$124,256
Nov 20201,31021,92838.772.71$110,138
Oct 20201,46819,67536.972.48$103,035
Sep 202089415,76237.091.99$64,541
Aug 20201,34823,35539.982.39$109,597
Jul 20201,17319,56538.371.83$80,716
Jun 20201,24622,16934.901.69$80,958
May 20201,52026,62616.921.81$74,038
Apr 20201,59425,65814.751.80$69,808
Mar 20201,77729,92630.341.86$109,464
Feb 20201,76331,74649.881.98$150,817
Jan 20202,12537,20957.252.09$199,599
Dec 20192,00834,47959.012.30$197,944
Nov 20191,93834,92055.302.75$203,226
Oct 20192,29734,42153.472.42$206,069
Sep 20192,67727,34555.052.66$220,032
Aug 20193,73621,51053.112.30$247,986
Jul 20196056.272.46$338
Jun 20191,35010,24052.782.49$96,763
May 20192,44121,18858.482.74$200,812
Apr 20192,43223,80362.632.75$217,791
Mar 20192,88723,10956.803.06$234,744
Feb 20192,89923,08950.852.79$211,884
Jan 20193,46917,87946.033.23$217,395
Dec 20183,24418,09346.594.19$226,865
Nov 20184,03323,94552.934.24$314,927
Oct 20183,20015,04761.443.40$247,739
Sep 20182,62810,89259.543.11$190,323
Aug 20183,67413,85659.403.07$260,726
Jul 20186,58826,88665.142.93$507,969
Jun 20188,91627,50460.183.08$621,192
May 201811,74623,92265.382.90$837,346
Apr 201812,55433,72163.842.90$899,265
Mar 20180061.222.79$0
Feb 2018135061.782.77$8,340
Jan 201810,89643,53662.874.01$859,581
Dec 201715,28956,55157.272.92$1,040,816
Nov 201720,52264,82255.423.12$1,339,468
Oct 201727,83066,40349.292.98$1,569,866
Sep 201726,09635,96747.523.09$1,351,122
Aug 201717,99328,59145.373.00$902,241

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                  199 bbl  × $106.41 =    $21,176
Casinghead gas    16,945 Mcf  × $  3.05 =    $51,612

────────────────────────────────────────────────────
Month total                                  $72,787

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/50160 is the state's own key, not one this site invented.