ACT G

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 50740District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$45.7 M
Jan 2018 – May 2026
Value, last 12 filed months
$1.5 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
OilDisposition625,864 bbl$38,424,213
Casinghead gasProduction2,192,860 Mcf$7,257,569
Total$45,681,781

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 32.3826, -101.9547. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38259, -101.95474 · 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
8,909 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 7,989 and 9,515 ft, median 8,909 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2018
3 of 3 wells

3 wells

42-3174087601MA7,989 ftJan 2018
42-3174087701BU9,515 ftJan 2018
42-3174087801SC8,909 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 20261,99914,671106.413.05$257,399
Apr 20261,6197,96098.932.87$183,011
Mar 20261,1003,96889.753.15$111,222
Feb 20261,4573,97963.503.75$107,442
Jan 20261,9587,23659.138.00$173,649
Dec 20251,1393,77256.664.41$81,183
Nov 20251,0913,63758.593.93$78,202
Oct 20251,3956,50059.383.30$104,317
Sep 20251,0566,87962.743.08$87,420
Aug 20251,67911,02163.933.01$140,564
Jul 20259453,62066.743.32$75,070
Jun 20251,1725,63966.483.13$95,557
May 20259994,07660.553.23$73,664
Apr 20251,1394,71962.363.54$87,748
Mar 20251,3705,22167.704.27$115,034
Feb 20251,2684,89270.884.34$111,111
Jan 20251,2736,01774.324.28$120,354
Dec 20241,3357,32668.993.12$114,969
Nov 20241,45414,31369.052.20$131,865
Oct 20241,62917,16271.372.28$155,415
Sep 20241,87216,41869.612.36$169,128
Aug 20241,91116,28075.632.06$178,125
Jul 20242,01016,55879.932.15$196,203
Jun 20241,96516,29878.082.63$196,356
May 20242,00218,10578.812.20$197,580
Apr 20242,16717,58484.451.66$212,179
Mar 20242,30317,69480.301.55$212,270
Feb 20242,05016,41976.091.78$185,270
Jan 20242,28618,42473.023.30$227,680
Dec 20232,57820,26171.262.61$236,604
Nov 20232,65317,94777.892.81$257,029
Oct 20232,72618,33585.443.09$289,515
Sep 20232,68221,26989.042.74$296,977
Aug 20232,66418,35880.522.67$263,574
Jul 20232,40716,67274.852.64$224,208
Jun 20232,47118,45268.962.26$212,074
May 20232,58515,59870.622.23$217,296
Apr 20231,55112,67378.122.24$149,523
Mar 20231,53413,87772.852.39$144,962
Feb 20231,37814,10775.112.47$138,285
Jan 20231,54115,31176.533.39$169,802
Dec 20221,51710,58076.415.73$176,528
Nov 20221,60512,98185.005.65$209,718
Oct 20222,27419,30087.185.86$311,418
Sep 20222,33617,59984.888.16$341,952
Aug 20222,31420,02494.529.13$401,482
Jul 20222,63719,716101.587.54$416,566
Jun 20222,31616,260115.097.98$396,258
May 20222,55417,631109.378.43$428,014
Apr 20222,58018,815104.226.84$397,537
Mar 20223,03420,615108.885.08$434,992
Feb 20222,86618,49491.054.86$350,809
Jan 20222,93423,33581.844.54$346,005
Dec 20213,44027,29471.323.90$351,763
Nov 20213,54827,28277.435.24$417,593
Oct 20213,85125,14079.795.71$450,918
Sep 20213,76428,01269.865.35$412,843
Aug 20214,15529,26866.024.22$397,841
Jul 20213,99430,16670.783.98$402,819
Jun 20213,50125,95169.493.38$331,015
May 20213,70928,08663.483.02$320,202
Apr 20213,59926,09260.362.76$289,208
Mar 20214,17225,04161.302.72$323,778
Feb 20213,17715,79157.805.55$271,238
Jan 20214,12321,64950.412.81$268,680
Dec 20204,16922,34444.642.68$245,885
Nov 20204,36824,36238.772.71$235,285
Oct 20204,82126,90136.972.48$244,905
Sep 20204,83422,22937.091.99$223,552
Aug 20205,01720,54139.982.39$249,572
Jul 20205,28323,93538.371.83$246,393
Jun 20204,97123,62234.901.69$213,416
May 20205,51728,30816.921.81$144,720
Apr 20205,52927,43714.751.80$131,060
Mar 20205,49826,37330.341.86$215,764
Feb 20205,51720,81349.881.98$316,412
Jan 20205,77325,52657.252.09$383,975
Dec 20196,04625,82659.012.30$416,287
Nov 20195,52425,73155.302.75$376,255
Oct 20196,66531,71053.472.42$433,069
Sep 20197,19032,13755.052.66$481,207
Aug 20198,54018,92553.112.30$497,169
Jul 20197,96323,87956.272.46$506,822
Jun 20198,66129,11052.782.49$529,646
May 20199,14230,96058.482.74$619,464
Apr 20199,44633,64762.632.75$684,156
Mar 20199,22133,17856.803.06$625,347
Feb 201911,61436,78850.852.79$693,292
Jan 201911,34626,06846.033.23$606,409
Dec 201810,97031,23246.594.19$641,812
Nov 201814,53838,95952.934.24$934,575
Oct 201816,46945,84561.443.40$1,167,640
Sep 201815,54548,61359.543.11$1,076,639
Aug 201822,41765,14559.403.07$1,531,341
Jul 201824,16360,17865.142.93$1,750,412
Jun 201832,31664,37860.183.08$2,142,863
May 201842,07659,14765.382.90$2,922,503
Apr 201853,93947,12563.842.90$3,580,166
Mar 201846,52638,34761.222.79$2,955,189
Feb 201832,82024,47461.782.77$2,095,318
Jan 20185,0174,69762.874.01$334,251

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                1,999 bbl  × $106.41 =   $212,714
Casinghead gas    14,671 Mcf  × $  3.05 =    $44,686

────────────────────────────────────────────────────
Month total                                 $257,399

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/50740 is the state's own key, not one this site invented.