TARGET J

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 50162District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$20.0 M
Jul 2017 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
107
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
OilDisposition212,829 bbl$11,716,663
Casinghead gasProduction2,446,697 Mcf$8,311,587
Total$20,028,250

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 31.8267, -101.7199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82667, -101.71994 · 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
8,746 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 8,746 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-173374983906WB8,746 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 202633513,962106.413.05$78,173
Apr 202636614,96798.932.87$79,159
Mar 202628217,51589.753.15$80,472
Feb 202627415,40163.503.75$75,158
Jan 202633713,90959.138.00$131,170
Dec 202525521,56856.664.41$109,636
Nov 202521213,03858.593.93$63,614
Oct 202519111,30759.383.30$48,709
Sep 202515719,07162.743.08$68,530
Aug 202518918,94963.933.01$69,209
Jul 202524129,63266.743.32$114,320
Jun 202520727,71566.483.13$100,474
May 202545526,01960.553.23$111,652
Apr 202578422,46362.363.54$128,479
Mar 202526417,43167.704.27$92,274
Feb 202518618,27270.884.34$92,500
Jan 202521217,30374.324.28$89,790
Dec 202427619,65968.993.12$80,404
Nov 202420213,39969.052.20$43,405
Oct 202414717,65271.372.28$50,763
Sep 202419820,40769.612.36$62,032
Aug 202415325,52975.632.06$64,254
Jul 202421027,36179.932.15$75,518
Jun 202429320,19678.082.63$76,073
May 20241048,12378.812.20$26,054
Apr 202424414,23684.451.66$44,226
Mar 202415317,93180.301.55$39,992
Feb 202423020,80676.091.78$54,611
Jan 202425012,36973.023.30$59,044
Dec 202326819,71471.262.61$70,565
Nov 202325017,16677.892.81$67,667
Oct 202332519,35785.443.09$87,528
Sep 202331320,20889.042.74$83,139
Aug 202327219,82180.522.67$74,881
Jul 202333121,36174.852.64$81,207
Jun 202332620,37468.962.26$68,495
May 202347619,39070.622.23$76,804
Apr 202339016,44578.122.24$67,267
Mar 202333418,42172.852.39$68,416
Feb 202336517,18275.112.47$69,780
Jan 202343221,08776.533.39$104,498
Dec 202241621,18276.415.73$153,140
Nov 202235519,09585.005.65$137,989
Oct 202227418,56887.185.86$132,766
Sep 202235717,75884.888.16$175,273
Aug 202237419,46294.529.13$212,983
Jul 202236723,774101.587.54$216,585
Jun 202240224,188115.097.98$239,219
May 202244826,716109.378.43$274,295
Apr 202251123,471104.226.84$213,742
Mar 202246822,954108.885.08$167,480
Feb 202245020,77291.054.86$141,900
Jan 202255625,47281.844.54$161,087
Dec 202151026,53971.323.90$139,852
Nov 202158926,16277.435.24$182,613
Oct 202159126,32979.795.71$197,596
Sep 202151026,15969.865.35$175,603
Aug 202164328,60766.024.22$163,189
Jul 202161124,44570.783.98$140,589
Jun 202168531,82669.493.38$155,192
May 202170734,63563.483.02$149,397
Apr 202180631,63160.362.76$135,902
Mar 202185733,56461.302.72$143,725
Feb 202143317,04257.805.55$119,576
Jan 202177225,42150.412.81$110,356
Dec 202073421,93244.642.68$91,444
Nov 202081623,53538.772.71$95,335
Oct 202093325,76636.972.48$98,352
Sep 202086524,50337.091.99$80,869
Aug 202032312,17239.982.39$41,945
Jul 202077728,40338.371.83$81,652
Jun 202088632,76934.901.69$86,311
May 20201,05722,38416.921.81$58,506
Apr 202096225,93314.751.80$60,982
Mar 20201,24529,47030.341.86$92,476
Feb 20201,51927,89049.881.98$131,009
Jan 20201,91428,22957.252.09$168,709
Dec 20195357,47759.012.30$48,800
Nov 20191,69227,88255.302.75$170,263
Oct 20191,57833,38653.472.42$165,121
Sep 20192,00537,06755.052.66$208,873
Aug 20192,00226,93053.112.30$168,383
Jul 20192,11232,64456.272.46$199,148
Jun 20192,64425,27452.782.49$202,513
May 20192,66616,55558.482.74$201,274
Apr 20191,48710,90262.632.75$123,119
Mar 20192,69122,82156.803.06$222,729
Feb 20192,48720,58350.852.79$183,936
Jan 20191,1084,42846.033.23$65,296
Dec 20188408,20946.594.19$73,494
Nov 20182,88427,70952.934.24$270,060
Oct 20183,69332,38261.443.40$336,935
Sep 20183,81431,35359.543.11$324,531
Aug 20184,87338,03859.403.07$406,102
Jul 20185,39631,65265.142.93$444,295
Jun 20185,01922,31060.183.08$370,690
May 20185,11214,46165.382.90$376,171
Apr 20186,97413,95063.842.90$485,686
Mar 201873368161.222.79$46,772
Feb 201837528261.782.77$23,948
Jan 20189,62135,39562.874.01$746,782
Dec 201711,56157,14257.272.92$829,040
Nov 201714,23457,82755.423.12$969,174
Oct 201718,96566,36749.292.98$1,132,803
Sep 201722,87239,78747.523.09$1,209,711
Aug 201728,96629,95645.373.00$1,404,187
Jul 20177,6787,77343.873.09$360,831

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                  335 bbl  × $106.41 =    $35,647
Casinghead gas    13,962 Mcf  × $  3.05 =    $42,526

────────────────────────────────────────────────────
Month total                                  $78,173

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/50162 is the state's own key, not one this site invented.