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PARKS NS 17-28 05

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 50507District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.7 M
May 2018 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
97
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
OilDisposition370,601 bbl$22,562,891
Casinghead gasProduction620,971 Mcf$2,091,911
Total$24,654,803

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 32.2143, -101.6747. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21432, -101.67471 · 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
8,126 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 8,126 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-22739260105H8,126 ftMay 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 (97)

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

97 months

May 20262,0365,542106.413.05$233,531
Apr 20262,0434,34798.932.87$214,589
Mar 20261,9424,49389.753.15$188,445
Feb 202645972563.503.75$31,865
Jan 20261,4022,15659.138.00$100,144
Dec 20259202,10256.664.41$61,404
Nov 20251,5885,58958.593.93$114,986
Oct 20255101,44259.383.30$35,049
Sep 20251,0342,52762.743.08$72,649
Aug 20251,2211,96963.933.01$83,995
Jul 20256711,46366.743.32$49,633
Jun 20258633,34066.483.13$67,822
May 20251,0841,35560.553.23$70,016
Apr 20259851,21162.363.54$65,715
Mar 202521237867.704.27$15,966
Feb 20252672,63170.884.34$30,346
Jan 20255011,66874.324.28$44,371
Dec 20244451,05768.993.12$34,000
Nov 20246202,33269.052.20$47,938
Oct 20244083,38471.372.28$36,839
Sep 20249414,06069.612.36$75,102
Aug 20241,2014,23475.632.06$99,569
Jul 20247271,56179.932.15$61,460
Jun 20241,1334,23378.082.63$99,614
May 20241,2805,48078.812.20$112,924
Apr 20241,3825,41684.451.66$125,696
Mar 20241,6705,01580.301.55$141,850
Feb 20241,6114,16976.091.78$130,017
Jan 20241,4953,44573.023.30$120,525
Dec 20231,6154,46671.262.61$126,744
Nov 20231,4875,48777.892.81$131,228
Oct 20238342,64685.443.09$79,426
Sep 20231,3884,76989.042.74$136,631
Aug 20231,1134,12480.522.67$100,642
Jul 20231,1823,46174.852.64$97,616
Jun 20238344,63368.962.26$67,976
May 20231,0854,55270.622.23$86,762
Apr 20238603,23378.122.24$74,418
Mar 20231,4315,64472.852.39$117,755
Feb 20231,9386,62475.112.47$161,896
Jan 20232,1399,55976.533.39$196,081
Dec 20222,1828,75676.415.73$216,890
Nov 20222,2887,61285.005.65$237,459
Oct 20221,9243,80487.185.86$190,040
Sep 20221,9383,49384.888.16$193,013
Aug 20221,9783,32394.529.13$217,290
Jul 20222,0103,339101.587.54$229,359
Jun 20221,7765,645115.097.98$249,431
May 20222,2784,012109.378.43$282,978
Apr 20222,2497,419104.226.84$285,119
Mar 20222,5038,826108.885.08$317,331
Feb 20222,1875,43091.054.86$225,510
Jan 20222,3537,99081.844.54$228,826
Dec 20212,5858,68371.323.90$218,218
Nov 20212,3277,52877.435.24$219,603
Oct 20212,7009,26579.795.71$268,372
Sep 20212,3398,69469.865.35$209,923
Aug 20213,6859,00666.024.22$281,294
Jul 20213,2328,85570.783.98$264,022
Jun 20212,7506,55869.493.38$213,268
May 20212,8187,37663.483.02$201,145
Apr 20212,5947,00660.362.76$175,899
Mar 20212,9217,47261.302.72$199,358
Feb 20212,1746,45457.805.55$161,464
Jan 20212,8968,91550.412.81$171,041
Dec 20203,2869,60644.642.68$172,388
Nov 20203,59610,52138.772.71$167,893
Oct 20203,92910,02136.972.48$170,091
Sep 20203,9268,32937.091.99$162,199
Aug 20204,1408,53739.982.39$185,879
Jul 20203,9918,06138.371.83$167,847
Jun 20204,2658,03334.901.69$162,427
May 20204,4977,16216.921.81$89,086
Apr 20204,6396,73114.751.80$80,571
Mar 20205,0917,60930.341.86$168,585
Feb 20203,8375,54549.881.98$202,372
Jan 20205,0797,81357.252.09$307,139
Dec 20195,7228,12559.012.30$356,378
Nov 20195,3225,88455.302.75$310,492
Oct 20194,3003,35753.472.42$238,040
Sep 20195,7468,05355.052.66$337,716
Aug 20196,2958,29053.112.30$353,431
Jul 20196,2777,65556.272.46$372,039
Jun 20196,8157,40652.782.49$378,146
May 20197,3177,57458.482.74$448,653
Apr 20196,6075,01062.632.75$427,577
Mar 20197,5464,84756.803.06$443,455
Feb 20197,6714,86550.852.79$403,655
Jan 20196,1463,28346.033.23$293,498
Dec 20185,5195,93446.594.19$281,967
Nov 201811,52715,74452.934.24$676,835
Oct 201814,50118,98261.443.40$955,444
Sep 201816,26619,30259.543.11$1,028,468
Aug 201819,08020,71059.403.07$1,196,860
Jul 201824,63823,23165.142.93$1,673,030
Jun 201834,78823,56460.183.08$2,166,046
May 201812,9989,20465.382.90$876,508

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                2,036 bbl  × $106.41 =   $216,651
Casinghead gas     5,542 Mcf  × $  3.05 =    $16,880

────────────────────────────────────────────────────
Month total                                 $233,531

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/50507 is the state's own key, not one this site invented.