PARKS NS 17-28 06

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 50508District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.0 M
May 2018 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
97
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
OilDisposition391,763 bbl$23,789,377
Casinghead gasProduction621,191 Mcf$2,204,232
Total$25,993,609

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 32.2151, -101.6719. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21511, -101.67195 · 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
8,140 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 8,140 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-22739238106H8,140 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 20261,5991,773106.413.05$175,550
Apr 20261,9821,52998.932.87$200,467
Mar 20262,9632,51989.753.15$273,863
Feb 20261,15062963.503.75$75,384
Jan 20261,5851,72959.138.00$107,549
Dec 20257921,22056.664.41$50,259
Nov 20251,5842,38258.593.93$102,159
Oct 20251,9292,09359.383.30$121,461
Sep 20251,3702,32462.743.08$93,105
Aug 20251,3381,79663.933.01$90,953
Jul 20256971,69566.743.32$52,137
Jun 20258684,66766.483.13$72,306
May 20251,0561,59260.553.23$69,087
Apr 20255431,45762.363.54$39,024
Mar 202512612167.704.27$9,047
Feb 20252462,39970.884.34$27,850
Jan 20255581,29574.324.28$47,011
Dec 20244491,11368.993.12$34,451
Nov 20249692,46169.052.20$72,320
Oct 20241,1894,10471.372.28$94,222
Sep 20248953,48269.612.36$70,534
Aug 20241,0584,08175.632.06$88,438
Jul 20246991,50979.932.15$59,110
Jun 20241,1774,62778.082.63$104,088
May 20241,3765,05678.812.20$119,558
Apr 20241,3854,56284.451.66$124,533
Mar 20241,4414,43480.301.55$122,563
Feb 20241,4093,80576.091.78$113,998
Jan 20241,2973,77573.023.30$107,156
Dec 20231,6364,28671.262.61$127,771
Nov 20231,6775,86577.892.81$147,088
Oct 20231,1022,97485.443.09$103,336
Sep 20231,5424,72489.042.74$150,220
Aug 20231,3353,66980.522.67$117,301
Jul 20231,6614,95474.852.64$137,413
Jun 20239724,70268.962.26$77,648
May 20231,4193,63870.622.23$108,313
Apr 20235202,13378.122.24$45,396
Mar 20231,5596,62072.852.39$129,416
Feb 20231,7886,99975.112.47$151,554
Jan 20232,0939,81076.533.39$193,411
Dec 20222,0608,87576.415.73$208,250
Nov 20222,1328,17285.005.65$227,361
Oct 20222,0238,03687.185.86$223,486
Sep 20221,9508,01484.888.16$230,940
Aug 20222,0698,74394.529.13$275,361
Jul 20222,2007,768101.587.54$282,063
Jun 20222,1866,746115.097.98$305,401
May 20222,5938,691109.378.43$356,888
Apr 20222,6368,194104.226.84$330,751
Mar 20222,7967,919108.885.08$344,628
Feb 20222,6837,46691.054.86$280,563
Jan 20222,7095,05881.844.54$244,656
Dec 20212,9126,16571.323.90$231,722
Nov 20212,4296,65177.435.24$222,908
Oct 20212,9079,35979.795.71$285,426
Sep 20213,0795,65769.865.35$245,369
Aug 20213,5247,23766.024.22$263,199
Jul 20213,1576,93770.783.98$251,076
Jun 20212,9465,82369.493.38$224,403
May 20213,4707,27863.483.02$242,238
Apr 20213,8306,23260.362.76$248,369
Mar 20214,2866,06061.302.72$279,196
Feb 20213,2195,93457.805.55$218,980
Jan 20213,9168,12350.412.81$220,233
Dec 20203,9757,51744.642.68$197,555
Nov 20204,4278,14538.772.71$193,680
Oct 20204,2567,97336.972.48$177,105
Sep 20204,3187,11637.091.99$174,323
Aug 20204,7097,93439.982.39$207,189
Jul 20204,2607,27738.371.83$176,738
Jun 20204,5667,80334.901.69$172,543
May 20204,7956,87516.921.81$93,608
Apr 20204,9446,65814.751.80$84,938
Mar 20205,4277,37830.341.86$178,350
Feb 20204,0885,19149.881.98$214,191
Jan 20205,4118,31357.252.09$327,193
Dec 20196,0239,24159.012.30$376,712
Nov 20195,6696,69155.302.75$331,901
Oct 20194,5903,57153.472.42$254,064
Sep 20196,1467,27655.052.66$357,672
Aug 20196,7427,54353.112.30$375,449
Jul 20197,0347,93156.272.46$415,314
Jun 20197,4248,12652.782.49$412,082
May 20197,9297,49558.482.74$484,227
Apr 20196,9845,78962.632.75$453,332
Mar 20198,4495,78056.803.06$497,602
Feb 20198,9026,29850.852.79$470,252
Jan 20196,7542,95546.033.23$320,426
Dec 20186,9047,60546.594.19$353,488
Nov 201812,55717,59152.934.24$739,179
Oct 201815,41921,34661.443.40$1,019,879
Sep 201811,53114,38659.543.11$731,267
Aug 201819,40122,05159.403.07$1,220,040
Jul 201826,42428,62665.142.93$1,805,187
Jun 201834,93228,15060.183.08$2,188,823
May 20188,0274,81965.382.90$538,784

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                1,599 bbl  × $106.41 =   $170,150
Casinghead gas     1,773 Mcf  × $  3.05 =     $5,400

────────────────────────────────────────────────────
Month total                                 $175,550

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/50508 is the state's own key, not one this site invented.