SHARK 14-23 (ALLOC-1SH)

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 50496District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$100.6 M
Apr 2018 – May 2026
Value, last 12 filed months
$4.9 M
at the published price for each month
Months reported
98
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
OilDisposition1,457,906 bbl$89,299,954
Casinghead gasProduction3,193,604 Mcf$11,273,966
Total$100,573,920

Wells on this lease (6)

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 32.3366, -101.8676. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.33666, -101.86747 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
8,745 ft
6 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.
6100.0%

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 7,778 and 9,284 ft, median 8,745 ft, over the 6 wells that filed a depth.

Completions filed
Apr 2018 – May 2019
6 of 6 wells

6 wells

42-317417005UL8,350 ftMay 2019
42-317417017MM7,778 ftMay 2019
42-317409121LL8,470 ftApr 2018
42-317409094LB9,284 ftApr 2018
42-317409103UB9,144 ftApr 2018
42-317409112UA9,019 ftApr 2018

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 (98)

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

98 months

May 20264,14827,061106.413.05$523,812
Apr 20264,35418,71498.932.87$484,445
Mar 20264,72015,17589.753.15$471,413
Feb 20262,2436,40963.503.75$166,466
Jan 20263,7977,37259.138.00$283,477
Dec 20254,00812,33856.664.41$281,545
Nov 20254,76221,74658.593.93$364,390
Oct 20255,80425,59359.383.30$429,222
Sep 20255,55123,85862.743.08$421,679
Aug 20256,25527,73463.933.01$483,494
Jul 20256,37225,48766.743.32$509,762
Jun 20256,75325,34466.483.13$528,234
May 20255,89322,87660.553.23$430,764
Apr 20256,50424,79062.363.54$493,423
Mar 20255,95526,39467.704.27$515,812
Feb 20255,86623,22370.884.34$516,589
Jan 20256,70923,57774.324.28$599,491
Dec 20247,15123,95768.993.12$568,126
Nov 20246,30620,18669.052.20$479,807
Oct 20245,81020,87171.372.28$462,275
Sep 20246,20322,64069.612.36$485,320
Aug 20246,76622,36175.632.06$557,857
Jul 20246,51520,01479.932.15$563,706
Jun 20246,38020,76478.082.63$552,842
May 20245,67216,18378.812.20$482,588
Apr 20245,26915,73384.451.66$471,071
Mar 20246,25818,97480.301.55$531,835
Feb 20245,56715,09276.091.78$450,512
Jan 20242,5186,54873.023.30$205,457
Dec 20235,22515,22371.262.61$412,076
Nov 20235,99515,54877.892.81$510,602
Oct 20234,65411,12285.443.09$431,974
Sep 20232,05912,74789.042.74$218,197
Aug 20231,20311,24880.522.67$126,930
Jul 20231,91713,70474.852.64$179,691
Jun 20231,52312,86368.962.26$134,077
May 20237,92142,99770.622.23$655,153
Apr 20235,30122,03078.122.24$463,412
Mar 20237,91627,50272.852.39$642,497
Feb 20237,91831,50575.112.47$672,402
Jan 20239,27832,02976.533.39$818,551
Dec 20226,66227,69976.415.73$667,733
Nov 20228,17331,29385.005.65$871,392
Oct 20228,52428,37287.185.86$909,489
Sep 20229,74031,46784.888.16$1,083,618
Aug 202210,61032,83994.529.13$1,302,584
Jul 20229,46342,370101.587.54$1,280,809
Jun 202210,85644,484115.097.98$1,604,275
May 202212,88040,952109.378.43$1,754,035
Apr 202213,46642,103104.226.84$1,691,310
Mar 202214,15743,842108.885.08$1,763,974
Feb 202213,09537,04191.054.86$1,372,276
Jan 202216,48641,55581.844.54$1,537,778
Dec 202115,16541,95371.323.90$1,245,148
Nov 202111,70243,16077.435.24$1,132,108
Oct 202114,61363,55779.795.71$1,529,128
Sep 202111,75449,99469.865.35$1,088,648
Aug 202111,80153,61166.024.22$1,005,372
Jul 202113,95857,94970.783.98$1,218,705
Jun 202112,63345,64069.493.38$1,032,159
May 202114,33643,06763.483.02$1,040,011
Apr 202115,11846,39760.362.76$1,040,505
Mar 202118,40249,28461.302.72$1,261,944
Feb 20218,59522,83657.805.55$623,484
Jan 202118,13537,91850.412.81$1,020,745
Dec 202016,67136,65144.642.68$842,252
Nov 202013,62945,38138.772.71$651,223
Oct 202021,00261,58936.972.48$929,088
Sep 202021,83470,75637.091.99$950,701
Aug 202020,44437,00739.982.39$905,617
Jul 202016,55930,30238.371.83$690,674
Jun 202020,28134,74434.901.69$766,535
May 202023,44134,38616.921.81$459,024
Apr 202015,60025,84014.751.80$276,725
Mar 202024,38744,33430.341.86$822,196
Feb 202024,60646,61649.881.98$1,319,678
Jan 202029,49870,62057.252.09$1,836,691
Dec 201915,24548,89159.012.30$1,012,270
Nov 201920,67464,26155.302.75$1,320,035
Oct 201921,19367,15253.472.42$1,295,600
Sep 201920,43860,78455.052.66$1,286,632
Aug 201924,61730,81553.112.30$1,378,418
Jul 201913,08314,56756.272.46$772,016
Jun 201925,43022,87452.782.49$1,399,179
May 20198,8624,99058.482.74$531,924
Apr 201910,37810,86762.632.75$679,866
Mar 20199,99712,46256.803.06$605,989
Feb 201925,20245,03550.852.79$1,407,269
Jan 201930,35040,22846.033.23$1,526,874
Dec 201837,15757,41746.594.19$1,971,460
Nov 201840,13250,03252.934.24$2,336,184
Oct 201840,28242,50861.443.40$2,619,372
Sep 201842,06641,98859.543.11$2,635,108
Aug 201852,80146,04159.403.07$3,277,567
Jul 201861,12848,37965.142.93$4,123,719
Jun 201880,78458,62260.183.08$5,041,956
May 201883,60348,58165.382.90$5,606,888
Apr 201825,1899,96963.842.90$1,636,984

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                4,148 bbl  × $106.41 =   $441,389
Casinghead gas    27,061 Mcf  × $  3.05 =    $82,423

────────────────────────────────────────────────────
Month total                                 $523,812

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/50496 is the state's own key, not one this site invented.