KOONCE NORTH 39-34 UNIT 1A

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 51247District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$124.1 M
Nov 2018 – May 2026
Value, last 12 filed months
$6.7 M
at the published price for each month
Months reported
91
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
OilDisposition1,573,561 bbl$109,478,165
Casinghead gasProduction3,900,000 Mcf$14,638,935
Total$124,117,100

Wells on this lease (4)

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 31.9831, -101.7612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.98299, -101.76159 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,615 ft
4 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.
4100.0%

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 8,457 and 8,793 ft, median 8,615 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2018 – Sep 2021
4 of 4 wells

4 wells

42-173384652328,488 ftSep 2021
42-173384662428,742 ftSep 2021
42-173378852118,457 ftNov 2018
42-173378872138,793 ftNov 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 (91)

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

91 months

May 20265,83039,282106.413.05$740,017
Apr 20265,38535,17198.932.87$633,669
Mar 20265,74638,18389.753.15$635,959
Feb 20264,90630,93963.503.75$427,562
Jan 20265,75832,22159.138.00$598,172
Dec 20254,87432,76556.664.41$420,765
Nov 20255,99135,52358.593.93$490,492
Oct 20255,79334,51659.383.30$458,058
Sep 20256,18247,25262.743.08$533,249
Aug 20256,83046,33463.933.01$576,328
Jul 20257,27041,77866.743.32$623,702
Jun 20256,70640,99666.483.13$574,080
May 20257,05746,05460.553.23$576,163
Apr 20257,17745,30862.363.54$608,089
Mar 20257,93845,44267.704.27$731,364
Feb 20257,39345,67170.884.34$722,266
Jan 20258,37750,38574.324.28$838,160
Dec 20248,75750,35968.993.12$761,335
Nov 20248,87350,36369.052.20$723,401
Oct 20249,57252,35071.372.28$802,585
Sep 20249,60050,92169.612.36$788,652
Aug 202410,11048,89875.632.06$865,527
Jul 202410,69948,21379.932.15$958,665
Jun 202410,59651,02378.082.63$961,729
May 202411,27352,25178.812.20$1,003,296
Apr 202410,97350,59784.451.66$1,010,620
Mar 202412,09251,05980.301.55$1,049,880
Feb 202411,51447,57076.091.78$960,948
Jan 202412,49654,67173.023.30$1,092,744
Dec 202313,71053,47971.262.61$1,116,593
Nov 202313,64743,26177.892.81$1,184,423
Oct 202314,62854,10085.443.09$1,416,838
Sep 202315,12052,21789.042.74$1,489,100
Aug 202315,69054,02280.522.67$1,407,753
Jul 202317,30461,81674.852.64$1,458,510
Jun 202321,486108,97168.962.26$1,727,783
May 202314,09953,63570.622.23$1,115,138
Apr 202317,66647,04678.122.24$1,485,346
Mar 202319,66554,79072.852.39$1,563,716
Feb 202318,02742,10375.112.47$1,457,821
Jan 202319,88333,66976.533.39$1,635,707
Dec 202220,26441,22676.415.73$1,784,559
Nov 202219,87541,14885.005.65$1,921,705
Oct 202218,98235,01687.185.86$1,860,176
Sep 202215,24433,10984.888.16$1,564,202
Aug 20226,44826,29494.529.13$849,455
Jul 202221,82455,115101.587.54$2,632,564
Jun 202231,73499,877115.097.98$4,449,005
May 202234,379105,342109.378.43$4,648,385
Apr 202236,037110,778104.226.84$4,513,232
Mar 202239,655112,846108.885.08$4,890,488
Feb 202232,09975,51491.054.86$3,289,524
Jan 202230,11035,77181.844.54$2,626,520
Dec 202146,29053,04471.323.90$3,508,228
Nov 202152,98063,38977.435.24$4,434,200
Oct 202170,33878,19379.795.71$6,059,054
Sep 202152,90854,77869.865.35$3,989,266
Aug 2021137066.024.22$9,045
Jul 20217,76724,54470.783.98$647,484
Jun 202110,94434,15269.493.38$875,953
May 202112,43337,76063.483.02$903,194
Apr 202112,62733,83660.362.76$855,500
Mar 202114,97433,28161.302.72$1,008,329
Feb 20217,91712,24557.805.55$525,537
Jan 202115,56535,29650.412.81$883,823
Dec 202015,06235,51244.642.68$767,379
Nov 202014,95534,46038.772.71$673,074
Oct 202016,96039,09836.972.48$723,913
Sep 202018,30336,03037.091.99$750,595
Aug 202018,76238,90739.982.39$842,902
Jul 202024,15540,10038.371.83$1,000,015
Jun 202021,40022,58034.901.69$785,027
May 202011,06810,67816.921.81$206,648
Apr 20207,6604,91014.751.80$121,845
Mar 20205,4584,69930.341.86$174,318
Feb 20209632,24049.881.98$52,471
Jan 202016,24033,57857.252.09$1,000,077
Dec 201916,95537,96459.012.30$1,087,997
Nov 20199,36821,77155.302.75$577,936
Oct 201918,37422,58353.472.42$1,037,076
Sep 20197,4475,32955.052.66$424,118
Aug 201913,52622,32953.112.30$769,820
Jul 201920,80217,31556.272.46$1,213,124
Jun 201922,86423,23752.782.49$1,264,650
May 201926,09635,90658.482.74$1,624,488
Apr 201929,61034,62262.632.75$1,949,709
Mar 201933,70030,75856.803.06$2,008,344
Feb 201932,96853,25450.852.79$1,825,120
Jan 201941,08348,63946.033.23$2,048,066
Dec 201850,14346,25046.594.19$2,529,739
Nov 201831,4159,49352.934.24$1,703,020

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                5,830 bbl  × $106.41 =   $620,370
Casinghead gas    39,282 Mcf  × $  3.05 =   $119,647

────────────────────────────────────────────────────
Month total                                 $740,017

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/51247 is the state's own key, not one this site invented.