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SAXON I

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 50977District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$17.9 M
Dec 2017 – May 2026
Value, last 12 filed months
$745 k
at the published price for each month
Months reported
102
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
OilDisposition155,449 bbl$9,297,415
Casinghead gasProduction2,519,394 Mcf$8,603,904
Total$17,901,319

Wells on this lease (1)

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 31.8322, -101.6959. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83220, -101.69587 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,659 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 8,659 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-173375581103WB8,659 ftDec 2017——

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 (102)

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

102 months

May 2026463,198106.413.05$14,635
Apr 2026864,37798.932.87$21,069
Mar 20262004,57089.753.15$32,343
Feb 202621810,28363.503.75$52,408
Jan 202643817,93659.138.00$169,350
Dec 202532419,39556.664.41$103,955
Nov 202544720,29858.593.93$105,889
Oct 202547118,90659.383.30$90,449
Sep 202525815,51462.743.08$63,922
Aug 20255285,75563.933.01$51,105
Jul 2025368166.743.32$2,671
Jun 20251788,14066.483.13$37,301
May 202545516,66560.553.23$81,417
Apr 202514315,58962.363.54$64,151
Mar 2025937,48467.704.27$38,240
Feb 2025835,67170.884.34$30,500
Jan 2025697,39474.324.28$36,765
Dec 2024888,07868.993.12$31,286
Nov 2024956,63369.052.20$21,142
Oct 2024608,28871.372.28$23,190
Sep 2024608,34469.612.36$23,905
Aug 20241037,80775.632.06$23,901
Jul 2024809,88079.932.15$27,603
Jun 202415410,54878.082.63$39,808
May 20246018,08578.812.20$44,487
Apr 20243637,87984.451.66$43,728
Mar 20244774,45880.301.55$45,191
Feb 20242603,57076.091.78$26,151
Jan 20244712,79073.023.30$43,593
Dec 20236613,03371.262.61$55,021
Nov 20238982,67577.892.81$77,455
Oct 20231,3902,38985.443.09$126,137
Sep 20234511,38889.042.74$43,953
Aug 2023343,62880.522.67$12,435
Jul 2023533,80774.852.64$14,024
Jun 20231788,31568.962.26$31,054
May 202319910,20470.622.23$36,782
Apr 20231799,96678.122.24$36,285
Mar 2023788,88072.852.39$26,934
Feb 2023498,72575.112.47$25,193
Jan 2023678,37876.533.39$33,510
Dec 20221526,46876.415.73$48,670
Nov 202215014,96785.005.65$97,257
Oct 202219523,48987.185.86$154,734
Sep 202226022,21184.888.16$203,392
Aug 202229926,23794.529.13$267,731
Jul 202227324,184101.587.54$210,129
Jun 202226122,585115.097.98$210,204
May 202234726,860109.378.43$264,463
Apr 202234325,538104.226.84$210,366
Mar 202236429,401108.885.08$188,884
Feb 202230825,16491.054.86$150,311
Jan 202240730,92181.844.54$173,618
Dec 202139433,92771.323.90$160,386
Nov 202141731,27977.435.24$196,092
Oct 202138029,99879.795.71$201,725
Sep 202147528,94869.865.35$188,082
Aug 202139632,93266.024.22$165,136
Jul 202141433,12970.783.98$161,225
Jun 202154832,59969.493.38$148,285
May 202146437,11963.483.02$141,468
Apr 202154038,48560.362.76$138,752
Mar 202159037,37061.302.72$137,699
Feb 202143931,78457.805.55$201,710
Jan 202161939,66850.412.81$142,682
Dec 202063641,24744.642.68$138,746
Nov 202068841,31238.772.71$138,488
Oct 202066943,68436.972.48$133,001
Sep 202067042,28437.091.99$109,039
Aug 202068045,02339.982.39$134,571
Jul 202060036,88738.371.83$90,345
Jun 202089449,70634.901.69$115,219
May 202091746,25616.921.81$99,459
Apr 202096638,27714.751.80$83,315
Mar 20201,00840,54530.341.86$105,844
Feb 20201,07637,91749.881.98$128,772
Jan 20201,25443,12957.252.09$162,136
Dec 20191,54842,41759.012.30$189,092
Nov 20191,47140,14655.302.75$191,776
Oct 20191,51540,81553.472.42$179,720
Sep 20191,58345,65355.052.66$208,457
Aug 20191,76945,44153.112.30$198,664
Jul 20191,73945,21256.272.46$209,078
Jun 20191,75038,55252.782.49$188,406
May 20191,26117,36958.482.74$121,340
Apr 20191,51730,02062.632.75$177,586
Mar 20192,10335,35756.803.06$227,717
Feb 20192,44933,05950.852.79$216,840
Jan 20193,11236,55446.033.23$261,248
Dec 20183,40844,17646.594.19$343,675
Nov 20184,12242,57052.934.24$398,557
Oct 20186,53341,98961.443.40$544,070
Sep 20184,78842,47959.543.11$417,102
Aug 20184,71326,93259.403.07$362,541
Jul 20184,24923,66865.142.93$346,172
Jun 20185,11329,38760.183.08$398,122
May 20186,31638,94865.382.90$525,920
Apr 20185,88732,69963.842.90$470,679
Mar 20189,53855,55461.222.79$738,736
Feb 201810,59353,37261.782.77$802,069
Jan 201818,35566,15262.874.01$1,419,203
Dec 201720,34330,33957.272.92$1,253,680

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                   46 bbl  × $106.41 =     $4,895
Casinghead gas     3,198 Mcf  × $  3.05 =     $9,741

────────────────────────────────────────────────────
Month total                                  $14,635

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/50977 is the state's own key, not one this site invented.