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POE D

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 50724District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$53.8 M
Jun 2018 – May 2026
Value, last 12 filed months
$3.1 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
OilDisposition805,520 bbl$48,763,295
Casinghead gasProduction1,531,369 Mcf$5,076,145
Total$53,839,440

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 32.3703, -101.9846. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.37033, -101.98439 · 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
9,349 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 8,757 and 9,522 ft, median 9,349 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2018
3 of 3 wells

3 wells

42-3174115215WA9,349 ftJun 2018——
42-3174115316SA8,757 ftJun 2018——
42-3174115416BU9,522 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 20262,46513,829106.413.05$304,422
Apr 20262,23412,38998.932.87$256,563
Mar 20263,14710,91989.753.15$316,832
Feb 20262,6468,38863.503.75$199,479
Jan 20262,44710,83459.138.00$231,341
Dec 20252,18113,14856.664.41$181,602
Nov 20253,05520,02058.593.93$257,600
Oct 20253,45113,03159.383.30$247,986
Sep 20253,57213,48662.743.08$265,603
Aug 20253,9969,17363.933.01$283,119
Jul 20252,97510,94166.743.32$234,823
Jun 20254,3625,57666.483.13$307,432
May 20254,38516,85060.553.23$319,976
Apr 20255,2406,81262.363.54$350,902
Mar 20254,9456,15767.704.27$361,057
Feb 20252,8554,16770.884.34$220,451
Jan 20252,2295,49574.324.28$189,171
Dec 20242,9175,94468.993.12$219,797
Nov 20243,1887,24969.052.20$236,068
Oct 20242,24548871.372.28$161,339
Sep 20242,03123469.612.36$141,931
Aug 20241,9101,55175.632.06$147,654
Jul 20242,7902,71479.932.15$228,831
Jun 20241,4796,12278.082.63$131,606
May 20242,3816,43378.812.20$201,789
Apr 20242,4226,13884.451.66$214,722
Mar 20242,2475,92080.301.55$189,581
Feb 20241,7725,41576.091.78$144,490
Jan 20242,7815,83473.023.30$222,307
Dec 20232,1052,70071.262.61$157,051
Nov 20236592,15477.892.81$57,377
Oct 20232,7709,96485.443.09$267,430
Sep 20233,48512,88889.042.74$345,554
Aug 20234,30514,50980.522.67$385,419
Jul 20234,83516,07674.852.64$404,369
Jun 20233,29112,57968.962.26$255,357
May 20234,35413,63570.622.23$337,850
Apr 20235,85815,02478.122.24$491,247
Mar 20237,10016,30772.852.39$556,260
Feb 20234,0419,94275.112.47$328,033
Jan 20233,8237,72176.533.39$318,731
Dec 20225,62314,74176.415.73$514,106
Nov 20225,34215,02985.005.65$538,927
Oct 20224,8979,18187.185.86$480,756
Sep 20226,2418,87984.888.16$602,221
Aug 20224,33412,58894.529.13$524,542
Jul 20223,7009,847101.587.54$450,113
Jun 20224,4957,625115.097.98$578,156
May 20225,02716,331109.378.43$687,523
Apr 20224,8339,273104.226.84$567,100
Mar 20225,1399,196108.885.08$606,217
Feb 20224,0438,54691.054.86$409,639
Jan 20225,00510,35681.844.54$456,601
Dec 20215,43311,05971.323.90$430,602
Nov 20215,37920,24377.435.24$522,506
Oct 20214,90610,26779.795.71$450,114
Sep 20214,42512,70369.865.35$377,103
Aug 20215,17012,78366.024.22$395,275
Jul 20215,47413,54870.783.98$441,399
Jun 20215,03912,00269.493.38$390,734
May 20215,41714,32963.483.02$387,111
Apr 20216,33415,18260.362.76$424,199
Mar 20216,03012,09961.302.72$402,511
Feb 20214,3768,88357.805.55$302,215
Jan 20216,36710,64450.412.81$350,873
Dec 20206,62512,46444.642.68$329,087
Nov 20207,81016,81738.772.71$348,310
Oct 20208,12317,07136.972.48$342,617
Sep 20207,38515,56237.091.99$304,894
Aug 20207,53618,63839.982.39$345,743
Jul 20209,02323,45338.371.83$389,017
Jun 20208,90418,66834.901.69$342,304
May 20207,49116,13216.921.81$156,023
Apr 20209,15320,17614.751.80$171,412
Mar 20209,97822,40430.341.86$344,320
Feb 20208,42321,05449.881.98$461,840
Jan 202010,14225,44857.252.09$633,936
Dec 20198,93523,35759.012.30$581,077
Nov 201911,05029,99755.302.75$693,578
Oct 201912,32729,29153.472.42$729,966
Sep 201913,72330,14455.052.66$835,552
Aug 201914,04734,99553.112.30$826,677
Jul 201913,74223,37956.272.46$830,776
Jun 201914,02929,41752.782.49$813,734
May 201916,17329,76658.482.74$1,027,365
Apr 201917,90634,79762.632.75$1,217,169
Mar 201919,46735,46156.803.06$1,214,311
Feb 201917,58836,66250.852.79$996,718
Jan 201921,46731,83846.033.23$1,090,905
Dec 201824,99036,08746.594.19$1,315,324
Nov 201831,36344,02352.934.24$1,846,580
Oct 201838,79044,36661.443.40$2,534,017
Sep 201852,79657,67359.543.11$3,322,722
Aug 201861,15252,67159.403.07$3,793,948
Jul 201841,67131,38865.142.93$2,806,475
Jun 201819,70814,08060.183.08$1,229,350

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                2,465 bbl  × $106.41 =   $262,301
Casinghead gas    13,829 Mcf  × $  3.05 =    $42,121

────────────────────────────────────────────────────
Month total                                 $304,422

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/50724 is the state's own key, not one this site invented.