ACT F

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 50516District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$49.3 M
Jan 2018 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
101
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
OilDisposition651,070 bbl$40,152,812
Casinghead gasProduction2,644,274 Mcf$9,124,003
Total$49,276,815

Wells on this lease (4)

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 32.3824, -101.9560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38236, -101.95605 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
9,022 ft
4 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.
4100.0%

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 8,101 and 9,654 ft, median 9,022 ft, over the 4 wells that filed a depth.

Completions filed
Jan 2018 – Feb 2018
4 of 4 wells

4 wells

42-3174087502WA9,322 ftFeb 2018
42-3174087402SA8,721 ftJan 2018
42-3174086602BL9,654 ftJan 2018
42-3174086503MB8,101 ftJan 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 (101)

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

101 months

May 20262,66013,346106.413.05$323,700
Apr 20261,5475,43298.932.87$168,633
Mar 20261,40713,66089.753.15$169,300
Feb 20261,20412,09863.503.75$121,825
Jan 20261,2888,02259.138.00$140,319
Dec 20251,2048,78656.664.41$106,994
Nov 20251,43410,10858.593.93$123,707
Oct 20251,98316,96259.383.30$173,807
Sep 20251,29511,24862.743.08$115,858
Aug 20251,89513,70163.933.01$162,453
Jul 202578110,79166.743.32$87,898
Jun 20257355,28966.483.13$65,411
May 20251,2288,45560.553.23$101,685
Apr 20251,4019,89162.363.54$122,411
Mar 20251,68112,97067.704.27$169,164
Feb 20251,80917,43470.884.34$203,900
Jan 20251,86018,63674.324.28$217,973
Dec 20241,99321,70268.993.12$205,237
Nov 20242,04124,90869.052.20$195,690
Oct 20242,26527,31371.372.28$223,965
Sep 20242,34724,59969.612.36$221,536
Aug 20242,27722,68575.632.06$219,023
Jul 20241,6157,62379.932.15$145,450
Jun 20241,62515,94478.082.63$168,876
May 20241,80214,54178.812.20$173,983
Apr 20242,44915,40084.451.66$232,370
Mar 20242,40217,06780.301.55$219,251
Feb 20242,20116,03676.091.78$196,077
Jan 20242,26915,88073.023.30$218,049
Dec 20232,02514,80271.262.61$182,945
Nov 20231,79015,61677.892.81$183,266
Oct 20231,91212,61785.443.09$202,313
Sep 20232,15417,70489.042.74$240,213
Aug 20232,48320,76380.522.67$255,428
Jul 20232,88422,00274.852.64$273,992
Jun 20232,03516,11368.962.26$176,724
May 20232,05116,57070.622.23$181,750
Apr 20232,07818,11478.122.24$202,868
Mar 20232,56325,56872.852.39$247,903
Feb 20232,68127,67975.112.47$269,617
Jan 20232,91727,58676.533.39$316,692
Dec 20222,58426,32776.415.73$348,273
Nov 20222,48127,51185.005.65$366,218
Oct 20222,73824,33387.185.86$381,382
Sep 20222,86227,81684.888.16$470,007
Aug 20222,22426,33694.529.13$450,585
Jul 20223,23629,355101.587.54$550,111
Jun 20222,84424,940115.097.98$526,267
May 20222,82027,692109.378.43$541,951
Apr 20222,65727,107104.226.84$462,259
Mar 20222,94827,505108.885.08$460,605
Feb 20222,77524,54691.054.86$371,929
Jan 20222,72330,86681.844.54$362,910
Dec 20213,05734,59371.323.90$352,908
Nov 20213,34433,57877.435.24$434,769
Oct 20213,93130,33579.795.71$486,985
Sep 20212,87825,84769.865.35$339,362
Aug 20212,59426,29466.024.22$282,232
Jul 20212,45527,06070.783.98$281,520
Jun 20212,17522,31369.493.38$226,573
May 20212,79823,31163.483.02$247,962
Apr 20213,21325,30660.362.76$263,741
Mar 20213,39225,48861.302.72$277,179
Feb 20212,19218,68157.805.55$230,339
Jan 20213,33024,24350.412.81$235,995
Dec 20203,58323,97944.642.68$224,100
Nov 20203,74624,01138.772.71$210,220
Oct 20204,49929,20336.972.48$238,706
Sep 20203,71325,99737.091.99$189,476
Aug 20204,02022,81739.982.39$215,140
Jul 20204,08825,95438.371.83$204,226
Jun 20205,22830,11134.901.69$233,354
May 20205,01725,37716.921.81$130,941
Apr 20204,78719,33714.751.80$105,500
Mar 20204,51916,52130.341.86$167,773
Feb 20204,19910,72349.881.98$230,685
Jan 20204,29419,26257.252.09$286,180
Dec 20196,27325,77359.012.30$429,560
Nov 20196,43827,69255.302.75$432,194
Oct 20198,26537,61553.472.42$532,903
Sep 20199,23639,66555.052.66$613,843
Aug 201910,25723,81753.112.30$599,632
Jul 20198,86033,86056.272.46$581,850
Jun 201910,42341,04152.782.49$652,367
May 20199,55038,38358.482.74$663,666
Apr 20199,20035,26062.632.75$673,186
Mar 20199,71940,26456.803.06$675,332
Feb 201912,87042,74850.852.79$773,801
Jan 201911,31950,53846.033.23$684,159
Dec 201815,18046,75546.594.19$902,926
Nov 201815,95440,87852.934.24$1,017,655
Oct 201822,08357,31561.443.40$1,551,540
Sep 201826,21583,67659.543.11$1,820,906
Aug 201833,94892,61359.403.07$2,300,515
Jul 201833,50371,67265.142.93$2,392,519
Jun 201843,37672,09660.183.08$2,832,201
May 201846,98068,64765.382.90$3,270,684
Apr 201852,15956,45763.842.90$3,493,601
Mar 201836,40432,64861.222.79$2,319,638
Feb 201814,62013,98561.782.77$941,908
Jan 20182354062.874.01$3,611

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                2,660 bbl  × $106.41 =   $283,051
Casinghead gas    13,346 Mcf  × $  3.05 =    $40,650

────────────────────────────────────────────────────
Month total                                 $323,700

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/50516 is the state's own key, not one this site invented.