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PARKS NS 17-28 04

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 50515District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.1 M
May 2018 – May 2026
Value, last 12 filed months
$958 k
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
OilDisposition356,015 bbl$21,656,377
Casinghead gasProduction690,624 Mcf$2,468,009
Total$24,124,386

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 32.2139, -101.6782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21386, -101.67820 · 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
8,116 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 8,116 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-22739278104H8,116 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 20261,7425,038106.413.05$200,711
Apr 20261,6954,69498.932.87$181,157
Mar 20261,3995,95389.753.15$144,309
Feb 20262311,77663.503.75$21,329
Jan 20261,1763,60059.138.00$98,329
Dec 20251,4623,05256.664.41$96,306
Nov 20258513,22558.593.93$62,523
Oct 20256318159.383.30$4,339
Sep 20251791,70562.743.08$16,477
Aug 20256111,85863.933.01$44,663
Jul 20254251,94566.743.32$34,813
Jun 20255664,91866.483.13$53,015
May 20257221,32760.553.23$48,006
Apr 20255811,06362.363.54$39,998
Mar 202517855867.704.27$14,432
Feb 20252712,62570.884.34$30,603
Jan 202545598274.324.28$38,017
Dec 202440788568.993.12$30,841
Nov 20247642,50469.052.20$58,259
Oct 20244373,14171.372.28$38,355
Sep 20241,0333,04669.612.36$79,109
Aug 20241,2363,14175.632.06$99,961
Jul 20248761,49679.932.15$73,230
Jun 20241,1504,06178.082.63$100,489
May 20241,2395,96378.812.20$110,755
Apr 20241,1975,61784.451.66$110,406
Mar 20241,4366,09280.301.55$124,724
Feb 20241,4074,46376.091.78$115,019
Jan 20241,2674,29073.023.30$106,663
Dec 20231,5104,16071.262.61$118,463
Nov 20231,4534,73777.892.81$126,474
Oct 20237432,03785.443.09$69,771
Sep 20231,2043,56789.042.74$116,960
Aug 20231,1273,91980.522.67$101,221
Jul 20231,2044,94674.852.64$103,186
Jun 20239894,77068.962.26$78,974
May 20238614,30770.622.23$70,397
Apr 20238463,06678.122.24$72,950
Mar 20231,2224,34172.852.39$99,411
Feb 20231,4606,27275.112.47$125,125
Jan 20231,7359,49676.533.39$164,949
Dec 20221,9938,46076.415.73$200,753
Nov 20221,9548,84885.005.65$216,048
Oct 20221,7468,87687.185.86$204,263
Sep 20221,6619,02584.888.16$214,663
Aug 20222,12210,69394.529.13$298,168
Jul 20222,22411,496101.587.54$312,618
Jun 20221,7078,315115.097.98$262,789
May 20222,18111,086109.378.43$332,025
Apr 20222,0488,957104.226.84$274,687
Mar 20222,3798,971108.885.08$304,566
Feb 20222,3809,62991.054.86$263,485
Jan 20222,4558,58681.844.54$239,878
Dec 20212,5498,45971.323.90$214,777
Nov 20212,2487,40577.435.24$212,842
Oct 20212,7718,00879.795.71$266,855
Sep 20212,5898,13369.865.35$224,387
Aug 20213,3909,55466.024.22$264,131
Jul 20212,9108,66770.783.98$240,482
Jun 20213,0277,53469.493.38$235,816
May 20213,2629,55863.483.02$235,915
Apr 20212,7267,05860.362.76$184,010
Mar 20212,6497,54861.302.72$182,891
Feb 20211,8695,55357.805.55$138,836
Jan 20212,7227,80950.412.81$159,161
Dec 20203,2558,62244.642.68$168,371
Nov 20203,4738,35838.772.71$157,270
Oct 20203,6969,04236.972.48$159,051
Sep 20203,7498,64837.091.99$156,269
Aug 20203,9929,20639.982.39$181,557
Jul 20203,8158,37238.371.83$161,661
Jun 20204,0768,01534.901.69$155,800
May 20204,2807,96716.921.81$86,876
Apr 20204,4178,55114.751.80$80,580
Mar 20204,8489,79830.341.86$165,276
Feb 20203,6526,76649.881.98$195,563
Jan 20204,83311,33157.252.09$300,425
Dec 20195,36212,20959.012.30$344,546
Nov 20195,0668,55255.302.75$303,674
Oct 20194,0984,70553.472.42$230,499
Sep 20195,5199,48055.052.66$329,012
Aug 20196,0349,49753.112.30$342,350
Jul 20196,08910,73656.272.46$369,039
Jun 20196,59411,22552.782.49$375,995
May 20197,00410,92758.482.74$439,537
Apr 20196,5658,26462.632.75$433,898
Mar 20197,2728,67256.803.06$439,604
Feb 20198,1728,27650.852.79$438,655
Jan 20198,3506,37646.033.23$404,933
Dec 20181,8063,56046.594.19$99,042
Nov 201810,93213,21252.934.24$634,613
Oct 201813,82215,40161.443.40$901,558
Sep 201816,09116,69559.543.11$1,009,946
Aug 201818,45718,61959.403.07$1,153,442
Jul 201823,52822,23465.142.93$1,597,801
Jun 201835,92024,74060.183.08$2,237,789
May 201814,2769,52365.382.90$960,989

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                1,742 bbl  × $106.41 =   $185,366
Casinghead gas     5,038 Mcf  × $  3.05 =    $15,345

────────────────────────────────────────────────────
Month total                                 $200,711

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/50515 is the state's own key, not one this site invented.