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COLE 36-2406 AL 16

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 50394District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$10.9 M
Sep 2017 – May 2026
Value, last 12 filed months
$288 k
at the published price for each month
Months reported
105
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
OilDisposition153,870 bbl$9,223,205
Casinghead gasProduction490,805 Mcf$1,697,713
Total$10,920,917

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 32.3921, -101.9517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39212, -101.95171 · 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
8,002 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 8,002 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-31740716N 11MA8,002 ftSep 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 (105)

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

105 months

May 20264072,674106.413.05$51,453
Apr 20263331,95098.932.87$38,540
Mar 20263761,91589.753.15$39,777
Feb 20261892,48763.503.75$21,329
Jan 2026441,24059.138.00$12,519
Dec 202522486256.664.41$16,496
Nov 202524230258.593.93$15,365
Oct 202518751359.383.30$12,799
Sep 202518838062.743.08$12,964
Aug 202541817563.933.01$27,250
Jul 202540031166.743.32$27,727
Jun 202516031166.483.13$11,610
May 202527332660.553.23$17,584
Apr 202533043062.363.54$22,102
Mar 202525839067.704.27$19,131
Feb 202523628570.884.34$17,965
Jan 202520519174.324.28$16,053
Dec 202426330268.993.12$19,087
Nov 202417728569.052.20$12,848
Oct 2024523471.372.28$3,789
Sep 202430137869.612.36$21,846
Aug 202432248075.632.06$25,343
Jul 202433041779.932.15$27,272
Jun 202431844778.082.63$26,007
May 202429964278.812.20$24,976
Apr 202433542384.451.66$28,993
Mar 20244080.301.55$321
Feb 20241231,09676.091.78$11,314
Jan 20244744,99773.023.30$51,090
Dec 20237405,27071.262.61$66,491
Nov 20235375,26977.892.81$56,620
Oct 20234643,09385.443.09$49,193
Sep 202322015689.042.74$20,015
Aug 20233914,41180.522.67$43,273
Jul 20239658,91374.852.64$95,777
Jun 20238226,77868.962.26$71,993
May 20239166,50070.622.23$79,166
Apr 20234211,29778.122.24$35,791
Mar 20234025672.852.39$3,527
Feb 202356921775.112.47$43,273
Jan 20238277,47776.533.39$88,620
Dec 20225786,64876.415.73$82,252
Nov 20225085.005.65$425
Oct 20225894,17187.185.86$75,807
Sep 20224874,91584.888.16$81,461
Aug 20224975,21994.529.13$94,611
Jul 20226025,988101.587.54$106,313
Jun 20227206,114115.097.98$131,637
May 20226036,025109.378.43$116,759
Apr 202290104.226.84$938
Mar 20225084,734108.885.08$79,343
Feb 20227627,45291.054.86$105,588
Jan 20228418,70081.844.54$108,305
Dec 20219147,75571.323.90$95,424
Nov 20217407,64877.435.24$97,350
Oct 20217838,40379.795.71$110,489
Sep 20216086,29769.865.35$76,170
Aug 20216065,26466.024.22$62,225
Jul 20218048,24970.783.98$89,755
Jun 20217977,70369.493.38$81,424
May 20218217,55063.483.02$74,900
Apr 20218577,06360.362.76$71,211
Mar 20211,0447,27861.302.72$83,771
Feb 20217334,53057.805.55$67,500
Jan 20214882,44450.412.81$31,468
Dec 20206773,59144.642.68$39,829
Nov 20207833,05638.772.71$38,628
Oct 20207964,06536.972.48$39,503
Sep 20205544,51737.091.99$29,541
Aug 20207316,06639.982.39$43,693
Jul 20201,0138,35838.371.83$54,123
Jun 20201,1458,15834.901.69$53,750
May 20201,1897,41416.921.81$33,572
Apr 20201,2646,98114.751.80$31,240
Mar 20201,0325,10230.341.86$40,781
Feb 20201,3213,52049.881.98$72,863
Jan 20201,5074,14657.252.09$94,961
Dec 20191,5274,68459.012.30$100,902
Nov 20191,4254,14655.302.75$90,207
Oct 20191,3186,12353.472.42$85,282
Sep 20191,6388,73255.052.66$113,375
Aug 20191,8598,02053.112.30$117,212
Jul 20191,8707,64356.272.46$124,027
Jun 20191,8517,30752.782.49$115,899
May 20191,8746,54158.482.74$127,516
Apr 20191,8255,46662.632.75$129,335
Mar 20191,8555,77656.803.06$123,051
Feb 20191,7927,05950.852.79$110,833
Jan 20192,1976,71146.033.23$122,792
Dec 20182,7332,11046.594.19$136,162
Nov 20182,6376,18652.934.24$165,788
Oct 20183,0546,31861.443.40$209,107
Sep 20183,54512,66359.543.11$250,426
Aug 20184,7539,73459.403.07$312,178
Jul 20183,3107,62165.142.93$237,957
Jun 20184,0579,21360.183.08$272,498
May 20183,3714,16865.382.90$232,487
Apr 20185,69311,37063.842.90$396,423
Mar 20187,29515,68561.222.79$490,311
Feb 20188,46614,31861.782.77$562,635
Jan 201812,58213,91362.874.01$846,812
Dec 201711,5378,43757.272.92$685,373
Nov 20178,9166,62855.423.12$514,793
Oct 20178,1544,55849.292.98$415,510
Sep 201794867147.523.09$47,121

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                  407 bbl  × $106.41 =    $43,309
Casinghead gas     2,674 Mcf  × $  3.05 =     $8,145

────────────────────────────────────────────────────
Month total                                  $51,453

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/50394 is the state's own key, not one this site invented.