ACT E

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 50532District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$73.2 M
Feb 2018 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
100
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
OilDisposition980,421 bbl$59,518,206
Casinghead gasProduction4,231,476 Mcf$13,634,823
Total$73,153,030

Wells on this lease (6)

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 32.3819, -101.9579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.38201, -101.95779 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
9,040 ft
6 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.
6100.0%

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 8,007 and 9,621 ft, median 9,040 ft, over the 6 wells that filed a depth.

Completions filed
Feb 2018 – Mar 2018
6 of 6 wells

6 wells

42-3174086405MA8,007 ftMar 2018
42-3174086205BL9,621 ftFeb 2018
42-3174086305DN9,159 ftFeb 2018
42-3174085805SA8,723 ftFeb 2018
42-3174086004SC8,921 ftFeb 2018
42-3174085904BU9,526 ftFeb 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 (100)

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

100 months

May 20261,63234,468106.413.05$278,645
Apr 20261,64037,57698.932.87$270,078
Mar 20261,50314,24689.753.15$179,761
Feb 20261,25820,18263.503.75$155,572
Jan 20261,41019,64859.138.00$240,516
Dec 20251,30612,71556.664.41$130,114
Nov 20251,34116,03958.593.93$141,545
Oct 20251,95023,78959.383.30$194,410
Sep 20252,07330,46162.743.08$223,786
Aug 20251,91633,66763.933.01$223,988
Jul 20251,42522,64166.743.32$170,164
Jun 20251,54832,13366.483.13$203,446
May 20251,53525,20960.553.23$174,428
Apr 20251,96324,38162.363.54$208,797
Mar 20251,99023,06267.704.27$233,159
Feb 20251,62421,95170.884.34$210,395
Jan 20251,43332,81974.324.28$246,923
Dec 20241,59733,83068.993.12$215,773
Nov 20241,55120,82269.052.20$152,872
Oct 20241,41820,29171.372.28$147,495
Sep 20241,57418,82369.612.36$154,070
Aug 20241,56619,48875.632.06$158,653
Jul 20241,65425,19379.932.15$186,283
Jun 20241,56828,09478.082.63$196,428
May 20241,53524,81878.812.20$175,534
Apr 20241,70734,41484.451.66$201,256
Mar 20242,34337,73080.301.55$246,441
Feb 20242,07232,35376.091.78$215,365
Jan 20242,05032,14073.023.30$255,678
Dec 20232,10934,56071.262.61$240,514
Nov 20232,10035,34477.892.81$262,799
Oct 20232,14537,00385.443.09$297,507
Sep 20232,51439,88389.042.74$332,928
Aug 20232,48234,65280.522.67$292,471
Jul 20232,45529,41574.852.64$261,465
Jun 20232,32432,30568.962.26$233,223
May 20232,82536,31070.622.23$280,378
Apr 20232,41033,64878.122.24$263,565
Mar 20232,34737,65572.852.39$261,093
Feb 20232,56723,68975.112.47$251,217
Jan 20232,93024,47876.533.39$307,158
Dec 20223,05224,64676.415.73$374,402
Nov 20222,76825,28985.005.65$378,067
Oct 20222,92026,10987.185.86$407,663
Sep 20222,80928,54184.888.16$471,428
Aug 20222,70532,11194.529.13$548,759
Jul 20223,08631,616101.587.54$551,926
Jun 20222,65225,527115.097.98$508,853
May 20222,32222,091109.378.43$440,251
Apr 20222,01621,457104.226.84$356,822
Mar 20222,18121,399108.885.08$346,097
Feb 20222,04819,05991.054.86$279,075
Jan 20222,01223,99681.844.54$273,548
Dec 20212,26327,15571.323.90$267,278
Nov 20212,51926,46177.435.24$333,618
Oct 20212,83128,81279.795.71$390,514
Sep 20213,30143,78269.865.35$464,882
Aug 20213,97453,11366.024.22$486,532
Jul 20213,53547,41370.783.98$439,010
Jun 20213,37639,79769.493.38$369,137
May 20213,71241,45763.483.02$360,741
Apr 20213,63036,20460.362.76$318,973
Mar 20213,58233,47261.302.72$310,518
Feb 20213,06424,04557.805.55$310,500
Jan 20214,24036,74350.412.81$316,996
Dec 20204,99138,72744.642.68$326,411
Nov 20205,27142,95838.772.71$320,626
Oct 20205,38045,80336.972.48$312,418
Sep 20205,23743,07937.091.99$280,012
Aug 20206,57955,06639.982.39$394,366
Jul 20207,24659,15238.371.83$385,989
Jun 20206,25153,95734.901.69$309,364
May 20205,68455,42016.921.81$196,747
Apr 20206,41848,91714.751.80$182,930
Mar 20206,14845,47330.341.86$270,939
Feb 20205,61138,57249.881.98$356,275
Jan 20207,19547,00757.252.09$510,381
Dec 201910,11047,64959.012.30$706,392
Nov 20198,74145,37855.302.75$608,199
Oct 20197,99462,97753.472.42$579,752
Sep 20199,81178,84255.052.66$749,601
Aug 201913,67149,49753.112.30$840,126
Jul 201912,67463,11156.272.46$868,423
Jun 201913,80174,39752.782.49$913,755
May 201914,91772,04658.482.74$1,069,775
Apr 201916,09463,90362.632.75$1,183,745
Mar 201918,62172,56156.803.06$1,279,862
Feb 201920,21362,83650.852.79$1,203,283
Jan 201920,37280,43646.033.23$1,197,385
Dec 201822,99190,68646.594.19$1,450,712
Nov 201825,28484,74152.934.24$1,697,350
Oct 201828,63499,58561.443.40$2,097,671
Sep 201834,572110,50959.543.11$2,401,879
Aug 201851,416126,57359.403.07$3,442,254
Jul 201867,597120,87565.142.93$4,757,660
Jun 201884,562109,89460.183.08$5,427,076
May 2018103,53796,52465.382.90$7,049,246
Apr 201899,56586,84363.842.90$6,608,144
Mar 201867,01556,55661.222.79$4,260,271
Feb 20188,2308,70661.782.77$532,531

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                1,632 bbl  × $106.41 =   $173,661
Casinghead gas    34,468 Mcf  × $  3.05 =   $104,984

────────────────────────────────────────────────────
Month total                                 $278,645

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/50532 is the state's own key, not one this site invented.