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POE C

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 50723District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$42.6 M
Jun 2018 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
96
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
OilDisposition586,067 bbl$35,208,942
Casinghead gasProduction2,094,590 Mcf$7,423,335
Total$42,632,277

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 32.3708, -101.9823. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.37082, -101.98211 · 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
9,357 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 8,902 and 9,646 ft, median 9,357 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2018
3 of 3 wells

3 wells

42-3174115114SC8,902 ftJun 2018——
42-3174114912WA9,357 ftJun 2018——
42-3174115014BL9,646 ftJun 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 (96)

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

96 months

May 20261,72411,959106.413.05$219,876
Apr 20268389,20098.932.87$109,305
Mar 202698011,42989.753.15$123,950
Feb 20261,32010,15263.503.75$121,893
Jan 20261,0879,39559.138.00$139,415
Dec 20251,1089,62056.664.41$105,236
Nov 20251,3667,19558.593.93$108,285
Oct 20251,9787,38359.383.30$141,853
Sep 20251,9309,34862.743.08$149,851
Aug 20251,55620,90563.933.01$162,499
Jul 20252,50917,26366.743.32$224,681
Jun 20251,29014,25366.483.13$130,353
May 202566610,89660.553.23$75,546
Apr 20251,4368,72662.363.54$120,466
Mar 20252,30625,29167.704.27$264,066
Feb 20252,03911,60570.884.34$194,900
Jan 20251,90410,44274.324.28$186,183
Dec 20241,6647,13168.993.12$137,058
Nov 20241,60811,06969.052.20$135,367
Oct 20241,9628,08771.372.28$158,478
Sep 20242,1871,98269.612.36$156,923
Aug 20242,00889875.632.06$153,718
Jul 20242,5865,85879.932.15$219,274
Jun 20241,3046,85278.082.63$119,864
May 20242,0216,90978.812.20$174,464
Apr 20242,47813,99384.451.66$232,484
Mar 20242,21713,34480.301.55$198,643
Feb 20241,48411,49576.091.78$133,421
Jan 20242,10111,20773.023.30$190,372
Dec 20231,83414,53771.262.61$168,643
Nov 20231,47018,90877.892.81$167,584
Oct 20231,52022,61085.443.09$199,672
Sep 20231,53723,15989.042.74$200,195
Aug 20231,93420,22980.522.67$209,795
Jul 20232,07817,03274.852.64$200,533
Jun 20231,96118,98268.962.26$178,101
May 20231,98024,70870.622.23$194,862
Apr 20232,15318,70778.122.24$210,054
Mar 20232,01717,36672.852.39$188,498
Feb 20231,83313,65075.112.47$171,333
Jan 20232,29717,07276.533.39$233,625
Dec 20222,23818,56676.415.73$277,372
Nov 20222,25921,51885.005.65$313,510
Oct 20222,19126,43487.185.86$346,014
Sep 20222,22524,09284.888.16$385,537
Aug 20222,70925,98894.529.13$493,251
Jul 20222,79924,399101.587.54$468,342
Jun 20222,53121,330115.097.98$461,446
May 20222,56825,439109.378.43$495,390
Apr 20222,89522,875104.226.84$458,127
Mar 20222,84622,351108.885.08$423,335
Feb 20222,25020,89691.054.86$306,393
Jan 20222,76525,14281.844.54$340,374
Dec 20213,04025,17571.323.90$314,973
Nov 20213,29626,60877.435.24$394,551
Oct 20213,24330,50579.795.71$433,061
Sep 20213,49128,85969.865.35$398,303
Aug 20213,68027,79766.024.22$360,273
Jul 20213,09023,87170.783.98$313,766
Jun 20212,76921,34969.493.38$264,591
May 20213,22125,44363.483.02$281,248
Apr 20213,72826,45160.362.76$297,985
Mar 20214,02224,95061.302.72$314,336
Feb 20213,02720,46457.805.55$288,494
Jan 20213,84524,73250.412.81$263,330
Dec 20204,16025,93344.642.68$255,085
Nov 20203,79023,49038.772.71$210,516
Oct 20204,41524,94636.972.48$225,049
Sep 20204,75621,91637.091.99$220,036
Aug 20205,16822,55339.982.39$260,408
Jul 20204,23424,28238.371.83$206,776
Jun 20205,12725,79034.901.69$222,525
May 20205,01824,84616.921.81$129,994
Apr 20205,53827,15414.751.80$130,682
Mar 20206,05827,88730.341.86$235,564
Feb 20205,82723,87649.881.98$337,941
Jan 20206,44625,74057.252.09$422,952
Dec 20197,00825,87159.012.30$473,158
Nov 20197,26025,08255.302.75$470,471
Oct 20197,36823,15753.472.42$449,973
Sep 20198,13525,25655.052.66$514,944
Aug 20199,73027,89053.112.30$581,029
Jul 201910,09622,88256.272.46$624,393
Jun 20199,50423,34652.782.49$559,781
May 201912,41434,46458.482.74$820,413
Apr 201914,60932,31162.632.75$1,003,840
Mar 201912,74220,78956.803.06$787,404
Feb 201912,40232,68450.852.79$721,903
Jan 201914,97541,13646.033.23$822,094
Dec 201819,01846,00846.594.19$1,078,612
Nov 201823,83349,51552.934.24$1,471,288
Oct 201833,27862,77261.443.40$2,257,905
Sep 201850,23872,48359.543.11$3,216,448
Aug 201862,23959,90359.403.07$3,880,693
Jul 201840,09532,61965.142.93$2,707,423
Jun 201827,58721,92860.183.08$1,727,656

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                1,724 bbl  × $106.41 =   $183,451
Casinghead gas    11,959 Mcf  × $  3.05 =    $36,425

────────────────────────────────────────────────────
Month total                                 $219,876

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/50723 is the state's own key, not one this site invented.