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PEELER B

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 50511District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$38.4 M
Mar 2018 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
99
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
OilDisposition531,158 bbl$32,369,659
Casinghead gasProduction1,869,035 Mcf$6,006,842
Total$38,376,501

Wells on this lease (3)

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 32.3748, -101.9641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.37477, -101.96412 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,316 ft
3 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.
3100.0%

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 8,900 and 9,625 ft, median 9,316 ft, over the 3 wells that filed a depth.

Completions filed
Mar 2018
3 of 3 wells

3 wells

42-3174096213SC8,900 ftMar 2018——
42-3174096411WA9,316 ftMar 2018——
42-3174096112BL9,625 ftMar 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 (99)

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

99 months

May 202673414,191106.413.05$121,328
Apr 202689814,55298.932.87$130,599
Mar 202681814,40689.753.15$118,786
Feb 202680313,36363.503.75$101,106
Jan 202696215,14859.138.00$178,036
Dec 202573112,73656.664.41$97,627
Nov 202569114,16758.593.93$96,112
Oct 2025916,20059.383.30$25,894
Sep 202547513,30562.743.08$70,740
Aug 202564115,72663.933.01$88,389
Jul 202560010,59666.743.32$75,172
Jun 202590517,68666.483.13$115,499
May 20251,20220,48160.553.23$138,982
Apr 202598310,60162.363.54$98,861
Mar 20251,18119,87567.704.27$164,787
Feb 202591810,85370.884.34$112,179
Jan 202589011,91974.324.28$117,142
Dec 202491113,03468.993.12$103,534
Nov 202468010,92669.052.20$70,974
Oct 20241,04018,48871.372.28$116,403
Sep 20241,09720,98569.612.36$125,978
Aug 20241,19222,14475.632.06$135,848
Jul 20241,08420,84379.932.15$131,386
Jun 202498720,85578.082.63$131,997
May 20241,04121,00078.812.20$128,208
Apr 20241,28018,88084.451.66$139,422
Mar 20241,74022,05980.301.55$173,806
Feb 20243,95919,31076.091.78$335,682
Jan 20244,10218,29773.023.30$359,865
Dec 20232,37816,14671.262.61$211,609
Nov 20231,56723,74077.892.81$188,705
Oct 20231,26311,28985.443.09$142,763
Sep 20231,68713,13489.042.74$186,133
Aug 20231,82112,23680.522.67$179,332
Jul 20231,93311,88374.852.64$176,078
Jun 20231,5719,06468.962.26$128,807
May 20231,2648,21570.622.23$107,562
Apr 20231,1218,22178.122.24$105,969
Mar 20231,0166,74972.852.39$90,167
Feb 20239176,66375.112.47$85,305
Jan 20231,6529,69876.533.39$159,282
Dec 20221,5779,36876.415.73$174,169
Nov 20221,8465,61885.005.65$188,630
Oct 20221,69813,51087.185.86$227,251
Sep 20221,69810,70184.888.16$231,486
Aug 20221,6745,43294.529.13$207,805
Jul 20221,6785,516101.587.54$212,053
Jun 20221,6805,628115.097.98$238,247
May 20221,9206,326109.378.43$263,338
Apr 20221,69911,901104.226.84$258,444
Mar 20221,63616,452108.885.08$261,645
Feb 20221,62315,48791.054.86$223,023
Jan 20221,93019,73781.844.54$247,511
Dec 20212,12919,22871.323.90$226,813
Nov 20212,10320,41677.435.24$269,751
Oct 20212,48021,88079.795.71$322,899
Sep 20212,64621,87369.865.35$301,890
Aug 20212,53721,30866.024.22$257,425
Jul 20212,66717,39070.783.98$258,019
Jun 20212,28116,22269.493.38$213,347
May 20212,65117,13763.483.02$219,999
Apr 20212,54516,14760.362.76$198,156
Mar 20213,00017,27461.302.72$230,832
Feb 20212,40612,81357.805.55$210,153
Jan 20213,16216,72550.412.81$206,398
Dec 20203,57917,56544.642.68$206,761
Nov 20203,29915,59038.772.71$170,098
Oct 20203,04216,38336.972.48$153,067
Sep 20203,45117,71137.091.99$163,261
Aug 20204,99419,64239.982.39$246,508
Jul 20204,27617,68138.371.83$196,340
Jun 20203,49321,22334.901.69$157,779
May 20204,33223,64216.921.81$116,202
Apr 20204,44020,38614.751.80$102,274
Mar 20204,28521,85230.341.86$170,569
Feb 20203,99618,25649.881.98$235,480
Jan 20204,01817,28257.252.09$266,232
Dec 20194,26920,84959.012.30$299,957
Nov 20195,88828,51655.302.75$404,045
Oct 20195,45826,54653.472.42$356,042
Sep 20195,99825,97655.052.66$399,215
Aug 20196,66329,42953.112.30$421,687
Jul 20197,18428,39556.272.46$474,097
Jun 20196,20024,77652.782.49$388,958
May 20196,00618,50758.482.74$401,946
Apr 20197,72925,02562.632.75$552,904
Mar 201911,95332,48656.803.06$778,406
Feb 20198,40721,34550.852.79$487,096
Jan 201910,37824,55446.033.23$556,964
Dec 201813,14533,75146.594.19$753,688
Nov 201814,04734,98852.934.24$891,760
Oct 201818,43843,02561.443.40$1,279,033
Sep 201819,68346,78859.543.11$1,317,343
Aug 201826,73344,30759.403.07$1,723,810
Jul 201836,68144,41965.142.93$2,519,632
Jun 201848,60845,07260.183.08$3,063,912
May 201856,87443,24365.382.90$3,843,861
Apr 201851,34046,23163.842.90$3,411,652
Mar 201810,1799,84161.222.79$650,584

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                  734 bbl  × $106.41 =    $78,105
Casinghead gas    14,191 Mcf  × $  3.05 =    $43,224

────────────────────────────────────────────────────
Month total                                 $121,328

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/50511 is the state's own key, not one this site invented.